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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.

New
Increased
Maintained
Reduced
Closed

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: 67 (+1)

3% more funds holding

Funds holding: 181187 (+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)

Holders
187
Holders Change
+6
Holders Change %
+3.31%
% of All Funds
4.66%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.17%
New
23
Increased
59
Reduced
47
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RG
126
Rathbones Group
United Kingdom
$238K -$39.7K -3,200 -15%
TAM
127
Tocqueville Asset Management
New York
$238K
FAAS
128
First Allied Advisory Services
California
$229K +$18.6K +1,500 +9%
LRPA
129
L. Roy Papp & Associates
Arizona
$226K
LIC
130
Lodestar Investment Counsel
Illinois
$219K
PNC Financial Services Group
131
PNC Financial Services Group
Pennsylvania
$214K -$20.7K -1,671 -9%
SPIA
132
Steward Partners Investment Advisory
New York
$198K +$192K +15,462 New
LPC
133
Loeb Partners Corp
New York
$193K
SAM
134
Silvercrest Asset Management
New York
$190K +$12.4K +1,000 +7%
TD Asset Management
135
TD Asset Management
Ontario, Canada
$178K -$6.2K -500 -3%
RFC
136
Regions Financial Corp
Alabama
$160K
FCI
137
Financial Counselors Inc
Kansas
$160K +$154K +12,435 New
BCM
138
Baltimore Capital Management
Maryland
$160K +$154K +12,450 New
NFG
139
Nations Financial Group
Iowa
$154K +$148K +11,969 New
TSS
140
Two Sigma Securities
New York
$151K +$145K +11,705 New
PTC
141
Private Trust Company
Ohio
$148K -$10.6K -858 -7%
FPFS
142
First Personal Financial Services
North Carolina
$142K
AGM
143
Alpine Global Management
New York
$140K
CPA
144
Capital Planning Advisors
California
$138K
CHAM
145
Clear Harbor Asset Management
Connecticut
$132K
VA
146
Valmark Advisers
Ohio
$129K -$4.07K -328 -3%
NFG
147
Next Financial Group
Texas
$123K -$20.3K -1,637 -14%
WT
148
Whittier Trust
California
$116K
AIM
149
Advantage Investment Management
Iowa
$115K -$5.95K -480 -5%
TJHA
150
Thomas J. Herzfeld Advisors
Florida
$103K

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.