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Sprott Physical Gold and Silver Trust

249 hedge funds and large institutions have $953M invested in Sprott Physical Gold and Silver Trust in 2020 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 69 increasing their positions, 56 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 16

23% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 56

17% more capital invested

Capital invested by funds: $818M → $953M (+$135M)

14% more funds holding

Funds holding: 219249 (+30)

2.23% more ownership

Funds ownership: 21.22%23.45% (+2.2%)

9% less funds holding in top 10

Funds holding in top 10: 1110 (-1)

Holders
249
Holders Change
+30
Holders Change %
+13.7%
% of All Funds
4.41%
Holding in Top 10
10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-9.09%
% of All Funds
0.18%
New
48
Increased
69
Reduced
56
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
QP
51
Quilter Plc
United Kingdom
$3.09M -$1.26M -67,664 -30%
RGC
52
Roberts, Glore & Co
Illinois
$2.96M -$2.79K -150 -0.1%
PHS
53
Pekin Hardy Strauss
Illinois
$2.92M -$359K -19,275 -11%
Janney Montgomery Scott
54
Janney Montgomery Scott
Pennsylvania
$2.83M
CC
55
Chicago Capital
Illinois
$2.82M +$211K +11,355 +8%
TC
56
Telemus Capital
Michigan
$2.82M +$810K +43,532 +43%
VC
57
Veracity Capital
Georgia
$2.72M -$81.8K -4,396 -3%
MA
58
Mutual Advisors
Nebraska
$2.44M +$406K +21,799 +21%
MSFS
59
Main Street Financial Solutions
Pennsylvania
$2.33M +$2.24M +120,195 New
Franklin Resources
60
Franklin Resources
California
$2.29M
OC
61
Oppenheimer & Co
New York
$2.27M +$237K +12,732 +12%
SSWM
62
Sheets Smith Wealth Management
North Carolina
$2.12M +$2.04M +109,639 New
TF
63
TIAA FSB
Florida
$2.12M
Mercer Global Advisors
64
Mercer Global Advisors
Colorado
$1.97M -$605K -32,501 -24%
BCM
65
Brookstone Capital Management
Illinois
$1.97M +$22.8K +1,224 +1%
Cetera Investment Advisers
66
Cetera Investment Advisers
Illinois
$1.69M +$1.63M +87,510 New
KAS
67
Kestra Advisory Services
Texas
$1.63M +$698K +37,509 +79%
AA
68
Ancora Advisors
Ohio
$1.57M -$168K -9,000 -10%
PC
69
Periscope Capital
Ontario, Canada
$1.56M +$834K +44,785 +124%
Creative Planning
70
Creative Planning
Kansas
$1.55M +$42.7K +2,294 +3%
PFM
71
Peak Financial Management
Massachusetts
$1.54M -$94.8K -5,095 -6%
SJIC
72
St. James Investment Company
Texas
$1.47M -$3.16K -170 -0.2%
Fiera Capital (Canada)
73
Fiera Capital (Canada)
Quebec, Canada
$1.45M
FI
74
FormulaFolio Investments
Michigan
$1.44M +$1.38M +74,255 New
DC
75
Davenport & Co
Virginia
$1.43M -$41K -2,200 -3%

CEF Hedge Fund Activity: Q4 2020 in Review

249 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q4 2020, worth a combined $953M — up 17% from $818M a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new CEF positions and 16 closed out — a net gain of 32 holders — while 69 added to existing stakes and 56 trimmed.

The largest buyer was Private Advisor Group, adding an estimated $52.7M. The largest seller was OTA Financial Group, cutting an estimated $19M.

  • 249 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q4 2020, up from 219 in Q3 2020.
  • Funds reported $953M of Sprott Physical Gold and Silver Trust stock for Q4 2020, up 17% quarter-over-quarter.
  • 48 funds opened new Sprott Physical Gold and Silver Trust positions in Q4 2020 and 16 closed out, a net change of +32 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q4 2020 was Private Advisor Group, an estimated $52.7M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q4 2020 was OTA Financial Group, an estimated $19M sold.

Based on aggregated 13F filings for Q4 2020.