Sprott Physical Gold and Silver Trust
CEF
201 hedge funds and large institutions have $658M invested in Sprott Physical Gold and Silver Trust in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 68 increasing their positions, 43 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
58% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 43
39% more capital invested
Capital invested by funds: $473M → $658M (+$185M)
6% more funds holding
Funds holding: 190 → 201 (+11)
3.37% more ownership
Funds ownership: 16.75% → 20.12% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$48.8M |
| 2 |
EPAM
Euro Pacific Asset Management
Dorado,
Puerto Rico
|
+$11.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.97M |
| 4 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$4.89M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
-$4.69M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
-$2.2M |
| 3 |
CWA
Capital Wealth Alliance
Scottsdale,
Arizona
|
-$1.81M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.29M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$826K |
CEF Hedge Fund Activity: Q2 2020 in Review
201 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q2 2020, worth a combined $658M — up 39% from $473M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CEF positions and 7 closed out — a net gain of 11 holders — while 68 added to existing stakes and 43 trimmed.
The largest buyer was Jupiter Investment Management, opening a new position worth an estimated $48.8M. The largest seller was Antipodes Partners, cutting an estimated $4.69M.
- 201 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q2 2020, up from 190 in Q1 2020.
- Funds reported $658M of Sprott Physical Gold and Silver Trust stock for Q2 2020, up 39% quarter-over-quarter.
- 18 funds opened new Sprott Physical Gold and Silver Trust positions in Q2 2020 and 7 closed out, a net change of +11 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q2 2020 was Jupiter Investment Management, an estimated $48.8M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q2 2020 was Antipodes Partners, an estimated $4.69M sold.
Based on aggregated 13F filings for Q2 2020.