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Sprott Physical Gold and Silver Trust

178 hedge funds and large institutions have $634M invested in Sprott Physical Gold and Silver Trust in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 41 increasing their positions, 53 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.37% more ownership

Funds ownership: 18.82%20.19% (+1.4%)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

2% less capital invested

Capital invested by funds: $649M → $634M (-$14.9M)

3% less funds holding

Funds holding: 183178 (-5)

11% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 19

23% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 53

Holders
178
Holders Change
-5
Holders Change %
-2.73%
% of All Funds
4.97%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.28%
New
17
Increased
41
Reduced
53
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCA
101
Catalyst Capital Advisors
New York
$346K
MFS
102
MSI Financial Services
Massachusetts
$313K -$862K -79,557 -73%
HNB
103
Huntington National Bank
Ohio
$299K
SM
104
Stratton Management
Pennsylvania
$291K
Toronto Dominion Bank
105
Toronto Dominion Bank
Ontario, Canada
$274K +$271K +24,994 +2,484%
WF
106
Welch & Forbes
Massachusetts
$264K
SWM
107
SVA Wealth Management
Wisconsin
$261K
AF
108
Aegis Financial
Virginia
$250K
AM
109
Account Management
Massachusetts
$244K
YP
110
Yellowstone Partners
Idaho
$237K -$1.42K -131 -0.6%
ASN
111
Advisory Services Network
Georgia
$219K +$13.8K +1,274 +7%
Susquehanna International Group
112
Susquehanna International Group
Pennsylvania
$216K -$151K -13,964 -41%
TCT
113
TIAA CREF Trust
Missouri
$212K
NSAM
114
North Star Asset Management
Wisconsin
$202K -$13.5K -1,250 -6%
SWA
115
SFMG Wealth Advisors
Texas
$196K
PAS
116
Partnervest Advisory Services
California
$194K -$108K -10,000 -35%
SBH
117
Segall Bryant & Hamill
Illinois
$192K
Janney Montgomery Scott
118
Janney Montgomery Scott
Pennsylvania
$188K -$12.5K -1,150 -6%
LRPA
119
L. Roy Papp & Associates
Arizona
$186K
SAM
120
Silvercrest Asset Management
New York
$175K
JAM
121
JCIC Asset Management
Ontario, Canada
$167K +$73.7K +6,800 +76%
JWM
122
Jacobus Wealth Management
Wisconsin
$159K
Jane Street
123
Jane Street
New York
$154K +$157K +14,500 New
JIC
124
Johnson Investment Counsel
Ohio
$153K -$6.07K -560 -4%
UCFA
125
United Capital Financial Advisors
Texas
$152K

CEF Hedge Fund Activity: Q3 2015 in Review

178 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q3 2015, worth a combined $634M — down 2.3% from $649M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of CEF and 17 opened new positions — a net loss of 2 holders — while 53 trimmed existing stakes and 41 added.

The largest buyer was Wellington Management Group, adding an estimated $15.2M. The largest seller was Neuberger Berman Group, cutting an estimated $24.4M.

  • 178 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q3 2015, down from 183 in Q2 2015.
  • Funds reported $634M of Sprott Physical Gold and Silver Trust stock for Q3 2015, down 2.3% quarter-over-quarter.
  • 17 funds opened new Sprott Physical Gold and Silver Trust positions in Q3 2015 and 19 closed out, a net change of -2 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q3 2015 was Wellington Management Group, an estimated $15.2M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q3 2015 was Neuberger Berman Group, an estimated $24.4M sold.

Based on aggregated 13F filings for Q3 2015.