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Sprott Physical Gold and Silver Trust

185 hedge funds and large institutions have $674M invested in Sprott Physical Gold and Silver Trust in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 42 increasing their positions, 60 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.35% more ownership

Funds ownership: 18.67%19.02% (+0.35%)

0% more funds holding

Funds holding: 185185 (0)

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

0% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 17

30% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 60

99% less capital invested

Capital invested by funds: $85.3B → $674M (-$84.7B)

Holders
185
Holders Change
Holders Change %
0%
% of All Funds
5.37%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.35%
New
17
Increased
42
Reduced
60
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
OAM
126
Orinda Asset Management
California
$217K -$33.6K -2,444 -12%
LRPA
127
L. Roy Papp & Associates
Arizona
$217K
SAM
128
Silvercrest Asset Management
New York
$209K
ACM
129
Argentus Capital Management
Texas
$209K +$234K +16,999 New
Creative Planning
130
Creative Planning
Kansas
$206K -$4.12K -300 -2%
SCM
131
Seamans Capital Management
Massachusetts
$201K
M&T Bank
132
M&T Bank
New York
$197K +$220K +15,972 New
Nomura Holdings
133
Nomura Holdings
Japan
$185K +$204K +14,856 New
KFC
134
Klingenstein Fields & Co
New York
$169K
AA
135
Ancora Advisors
Ohio
$167K
CHAM
136
Clear Harbor Asset Management
Connecticut
$167K
AMM
137
American Money Management
California
$159K -$9.07K -660 -5%
JWM
138
Jacobus Wealth Management
Wisconsin
$158K
KCM
139
Kanawha Capital Management
Virginia
$153K
FDS
140
First Dallas Securities
Texas
$151K
AIG
141
American International Group
New York
$139K -$39K -2,840 -20%
OC
142
Oppenheimer & Close
New York
$139K
ISB
143
Iowa State Bank
Iowa
$135K
GT
144
Glenmede Trust
Pennsylvania
$132K -$94.5K -6,878 -39%
PSI
145
Pinnacle Summer Investments
Virginia
$132K
AT
146
Acadia Trust
Maine
$131K +$147K +10,670 New
WA
147
WealthTrust Axiom
Pennsylvania
$126K
HCP
148
Holt Capital Partners
Texas
$123K +$137K +10,000 New
WT
149
Whittier Trust
California
$111K
WTC
150
WhitTier Trust Company
Nevada
$109K

CEF Hedge Fund Activity: Q3 2014 in Review

185 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q3 2014, worth a combined $674M — down 99% from $85.3B a quarter earlier.

Fund positioning in CEF was balanced in Q3 2014: 17 funds opened new positions, 17 closed out, 42 added to existing stakes and 60 trimmed.

The largest buyer was Capstone Investment Advisors, adding an estimated $7.11M. The largest seller was Canada Life, cutting an estimated $4.6M.

  • 185 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q3 2014, unchanged from Q2 2014.
  • Funds reported $674M of Sprott Physical Gold and Silver Trust stock for Q3 2014, down 99% quarter-over-quarter.
  • 17 funds opened new Sprott Physical Gold and Silver Trust positions in Q3 2014 and 17 closed out, a net change of 0 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q3 2014 was Capstone Investment Advisors, an estimated $7.11M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q3 2014 was Canada Life, an estimated $4.6M sold.

Based on aggregated 13F filings for Q3 2014.