Sprott Physical Gold and Silver Trust
187 hedge funds and large institutions have $59.4B invested in Sprott Physical Gold and Silver Trust in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 59 increasing their positions, 47 reducing their positions, and 15 closing their positions.
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
26% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 47
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3% more funds holding
Funds holding: 181 → 187 (+6)
0.34% more ownership
Funds ownership: 16.09% → 16.43% (+0.34%)
11% less capital invested
Capital invested by funds: $67B → $59.4B (-$7.53B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$7.07M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$6.77M |
| 3 |
Cohen & Steers
New York
|
+$6.17M |
| 4 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$3.63M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$29.8M |
| 2 |
PFM
Peak Financial Management
Wellesley,
Massachusetts
|
-$7.01M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$3.73M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.39M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$3.02M |
CEF Hedge Fund Activity: Q1 2017 in Review
187 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q1 2017, worth a combined $59.4B — down 11% from $67B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CEF positions and 15 closed out — a net gain of 8 holders — while 59 added to existing stakes and 47 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $7.07M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $29.8M sold.
- 187 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q1 2017, up from 181 in Q4 2016.
- Funds reported $59.4B of Sprott Physical Gold and Silver Trust stock for Q1 2017, down 11% quarter-over-quarter.
- 23 funds opened new Sprott Physical Gold and Silver Trust positions in Q1 2017 and 15 closed out, a net change of +8 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q1 2017 was Polar Asset Management Partners, an estimated $7.07M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q1 2017 was Allianz Asset Management, an estimated $29.8M sold.
Based on aggregated 13F filings for Q1 2017.