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Sprott Physical Gold and Silver Trust

185 hedge funds and large institutions have $85.3B invested in Sprott Physical Gold and Silver Trust in 2014 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 51 increasing their positions, 56 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 18

0% more funds holding

Funds holding: 185185 (0)

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

1% less capital invested

Capital invested by funds: $85.8B → $85.3B (-$484M)

9% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 56

1.4% less ownership

Funds ownership: 20.07%18.67% (-1.4%)

Holders
185
Holders Change
Holders Change %
0%
% of All Funds
5.32%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.34%
New
20
Increased
51
Reduced
56
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
126
Seamans Capital Management
Massachusetts
$237K
AIG
127
American International Group
New York
$206K -$70.8K -5,124 -27%
KFC
128
Klingenstein Fields & Co
New York
$199K +$189K +13,700 New
AMM
129
American Money Management
California
$198K -$27.6K -2,000 -13%
CHAM
130
Clear Harbor Asset Management
Connecticut
$198K
AA
131
Ancora Advisors
Ohio
$197K -$3.18M -230,280 -94%
HAIM
132
Hunter Associates Investment Management
Pennsylvania
$190K +$13.8K +1,000 +8%
JWM
133
Jacobus Wealth Management
Wisconsin
$186K +$55.3K +4,000 +45%
SI
134
Sprott Inc
Ontario, Canada
$183K
KCM
135
Kanawha Capital Management
Virginia
$181K +$25.7K +1,860 +18%
FDS
136
First Dallas Securities
Texas
$179K
SG Americas Securities
137
SG Americas Securities
New York
$178K
CI
138
Chartist Inc
California
$171K +$164K +11,870 New
OC
139
Oppenheimer & Close
New York
$164K
ISB
140
Iowa State Bank
Iowa
$160K
PSI
141
Pinnacle Summer Investments
Virginia
$156K
BPB
142
Badgley, Phelps & Bell
Washington
$149K +$142K +10,250 New
WA
143
WealthTrust Axiom
Pennsylvania
$149K +$142K +10,250 New
BWP
144
Baldwin Wealth Partners
Massachusetts
$145K
WT
145
Whittier Trust
California
$131K +$125K +9,018 New
WTC
146
WhitTier Trust Company
Nevada
$129K
TJHA
147
Thomas J. Herzfeld Advisors
Florida
$116K
IPC
148
Independent Portfolio Consultants
Florida
$94K +$89.5K +6,475 New
PCM
149
Prelude Capital Management
New York
$87K -$27.6K -2,000 -25%
MA
150
MUFG Americas
New York
$80K

CEF Hedge Fund Activity: Q2 2014 in Review

185 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q2 2014, worth a combined $85.3B — down 0.56% from $85.8B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new CEF positions and 18 closed out — a net gain of 2 holders — while 51 added to existing stakes and 56 trimmed.

The largest buyer was Allianz Asset Management, adding an estimated $7.33M. The largest seller was Forty4 Asset Management, cutting an estimated $40.9M.

  • 185 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q2 2014, unchanged from Q1 2014.
  • Funds reported $85.3B of Sprott Physical Gold and Silver Trust stock for Q2 2014, down 0.56% quarter-over-quarter.
  • 20 funds opened new Sprott Physical Gold and Silver Trust positions in Q2 2014 and 18 closed out, a net change of +2 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q2 2014 was Allianz Asset Management, an estimated $7.33M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q2 2014 was Forty4 Asset Management, an estimated $40.9M sold.

Based on aggregated 13F filings for Q2 2014.