Sprott Physical Gold and Silver Trust
CEF
187 hedge funds and large institutions have $70.7B invested in Sprott Physical Gold and Silver Trust in 2015 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 43 increasing their positions, 63 reducing their positions, and 20 closing their positions.
11,059% more capital invested
Capital invested by funds: $634M → $70.7B (+$70.1B)
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
5% more funds holding
Funds holding: 178 → 187 (+9)
0.17% less ownership
Funds ownership: 20.19% → 20.02% (-0.17%)
32% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$20.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$6.66M |
| 3 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
+$3.34M |
| 4 |
JG
Jefferies Group
New York
|
+$3.29M |
| 5 |
AGM
Alpine Global Management
New York
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$21.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$10.1M |
| 3 |
Neuberger Berman Group
New York
|
-$8.57M |
| 4 |
OC
Oppenheimer & Close
New York
|
-$4.29M |
| 5 |
Millennium Management
New York
|
-$2.98M |
CEF Hedge Fund Activity: Q4 2015 in Review
187 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q4 2015, worth a combined $70.7B — up 11,059% from $634M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CEF positions and 20 closed out — a net gain of 10 holders — while 43 added to existing stakes and 63 trimmed.
The largest buyer was Landscape Capital Management, adding an estimated $20.7M. The largest seller was Canada Life, cutting an estimated $21.9M.
- 187 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q4 2015, up from 178 in Q3 2015.
- Funds reported $70.7B of Sprott Physical Gold and Silver Trust stock for Q4 2015, up 11,059% quarter-over-quarter.
- 30 funds opened new Sprott Physical Gold and Silver Trust positions in Q4 2015 and 20 closed out, a net change of +10 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q4 2015 was Landscape Capital Management, an estimated $20.7M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q4 2015 was Canada Life, an estimated $21.9M sold.
Based on aggregated 13F filings for Q4 2015.