We are live on ! Find out more
CEF icon

Sprott Physical Gold and Silver Trust
CEF

187 hedge funds and large institutions have $746M invested in Sprott Physical Gold and Silver Trust in 2018 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 41 increasing their positions, 52 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 28

10% more funds holding in top 10

Funds holding in top 10: 10 → 11 (+1)

6% more funds holding

Funds holding: 176 → 187 (+11)

3% more capital invested

Capital invested by funds: $723M → $746M (+$23.3M)

0.64% more ownership

Funds ownership: 21.34% → 21.98% (+0.64%)

21% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 52

Holders
187
Holders Change
+11
Holders Change %
+6.25%
% of All Funds
4.29%
Holding in Top 10
11
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+10%
% of All Funds
0.25%
New
39
Increased
41
Reduced
52
Closed
28
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PAMP
Polar Asset Management Partners
Ontario, Canada
+$30.3M
2
WAM
Weiss Asset Management
Massachusetts
+$25.2M
3
AP
Antipodes Partners
Australia
+$21.7M
4
Neuberger Berman Group
Neuberger Berman Group
New York
+$12M
5
CI
Cowen Inc
New York
+$10.6M

Top Sellers

Rank Fund Capital Flow
1
CTC
Central Trust Company
Missouri
-$28M
2
OTC
Opera Trading Capital
France
-$26.3M
3
SI
Sprott Inc
Ontario, Canada
-$21.3M
4
Citigroup
Citigroup
New York
-$12.3M
5
FDCDDQ
Federation des caisses Desjardins du Quebec
Quebec, Canada
-$9.55M
Name Holding Trade Value Shares
Change 		Change in
Stake
CIC
51
Chase Investment Counsel
Virginia
$1.64M – – –
AFM
52
Anson Funds Management
Texas
$1.59M – – –
RGC
53
Roberts, Glore & Co
Illinois
$1.56M -$10K -750 -0.6%
TC
54
Telemus Capital
Michigan
$1.53M +$205K +15,305 +15%
BUB
55
BBVA USA Bancshares
Texas
$1.51M – – –
FIM
56
Freedom Investment Management
Connecticut
$1.5M +$103K +7,675 +7%
JMPWA
57
JP Morgan Private Wealth Advisors
California
$1.48M +$1.49M +111,573 New
BFA
58
Bragg Financial Advisors
North Carolina
$1.47M +$1.48M +110,808 New
AIM
59
Arcadia Investment Management
Michigan
$1.46M – – –
Janney Montgomery Scott
60
Janney Montgomery Scott
Pennsylvania
$1.43M -$655 -49 -0%
TF
61
TIAA FSB
Florida
$1.42M – – –
ASN
62
Advisory Services Network
Georgia
$1.35M -$53.3K -3,991 -4%
Goldman Sachs
63
Goldman Sachs
New York
$1.32M +$1.34K +100 +0.1%
CCA
64
Catalyst Capital Advisors
New York
$1.28M -$314K -23,500 -20%
SWP
65
Stratos Wealth Partners
Ohio
$1.25M -$355K -26,569 -22%
IIA
66
IPG Investment Advisors
California
$1.12M – – –
SJIC
67
St. James Investment Company
Texas
$1.11M -$449K -33,590 -29%
ECM
68
Evergreen Capital Management
Washington
$1.04M – – –
FTI
69
Fiduciary Trust International
Massachusetts
$1.03M – – –
CDH
70
Charles D. Hyman
$966K -$28.1K -2,100 -3%
IA
71
IFG Advisory
Georgia
$923K +$159K +11,879 +20%
PAG
72
Private Advisor Group
New Jersey
$899K +$317K +23,734 +54%
MAS
73
Madden Advisory Services
Florida
$887K -$11K -821 -1%
MML Investors Services
74
MML Investors Services
Massachusetts
$880K -$48K -3,592 -5%
ICP
75
Ironvine Capital Partners
Nebraska
$880K +$890K +66,600 New
1 2
3
4 5

CEF Hedge Fund Activity: Q1 2018 in Review

187 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q1 2018, worth a combined $746M — up 3.2% from $723M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new CEF positions and 28 closed out — a net gain of 11 holders — while 41 added to existing stakes and 52 trimmed.

The largest buyer was Polar Asset Management Partners, adding an estimated $30.3M. The largest seller was Central Trust Company, exiting entirely with an estimated $28M sold.

  • 187 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q1 2018, up from 176 in Q4 2017.
  • Funds reported $746M of Sprott Physical Gold and Silver Trust stock for Q1 2018, up 3.2% quarter-over-quarter.
  • 39 funds opened new Sprott Physical Gold and Silver Trust positions in Q1 2018 and 28 closed out, a net change of +11 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q1 2018 was Polar Asset Management Partners, an estimated $30.3M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q1 2018 was Central Trust Company, an estimated $28M sold.

Based on aggregated 13F filings for Q1 2018.