We are live on ! Find out more
CEF icon

Sprott Physical Gold and Silver Trust
CEF

187 hedge funds and large institutions have $57B invested in Sprott Physical Gold and Silver Trust in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 59 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 14

0.26% more ownership

Funds ownership: 16.43% → 16.7% (+0.26%)

0% more funds holding

Funds holding: 187 → 187 (0)

4% less capital invested

Capital invested by funds: $59.4B → $57B (-$2.39B)

25% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 59

29% less funds holding in top 10

Funds holding in top 10: 7 → 5 (-2)

Holders
187
Holders Change
–
Holders Change %
0%
% of All Funds
4.66%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.12%
New
16
Increased
44
Reduced
59
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FTIOP
Fiduciary Trust International of Pennsylvania
Pennsylvania
+$6.49M
2
Wellington Management Group
Wellington Management Group
Massachusetts
+$6.28M
3
CTC
Central Trust Company
Missouri
+$4.05M
4
Morgan Stanley
Morgan Stanley
New York
+$3.61M
5
Cohen & Steers
Cohen & Steers
New York
+$3.36M

Top Sellers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
-$8.77M
2
ICM
Ionic Capital Management
New York
-$7.02M
3
LCM
Landscape Capital Management
New Jersey
-$2.15M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$1.74M
5
ECM
Evergreen Capital Management
Washington
-$1.35M
Name Holding Trade Value Shares
Change 		Change in
Stake
SWM
126
SVA Wealth Management
Wisconsin
$258K -$47.1K -3,737 -15%
AA
127
Ancora Advisors
Ohio
$257K – – –
PAS
128
Partnervest Advisory Services
California
$252K – – –
Truist Financial
129
Truist Financial
North Carolina
$250K -$22.5K -1,787 -8%
DADC
130
D.A. Davidson & Co
Montana
$237K -$193K -15,309 -44%
BEAM
131
Baker Ellis Asset Management
Washington
$234K – – –
SBH
132
Segall Bryant & Hamill
Illinois
$229K – – –
RG
133
Rathbones Group
United Kingdom
$228K – – –
TAM
134
Tocqueville Asset Management
New York
$228K – – –
LRPA
135
L. Roy Papp & Associates
Arizona
$217K – – –
LIC
136
Lodestar Investment Counsel
Illinois
$210K – – –
AIP
137
Almanack Investment Partners
Pennsylvania
$197K -$37.2K -2,950 -16%
LPC
138
Loeb Partners Corp
New York
$185K – – –
Citadel Advisors
139
Citadel Advisors
Florida
$183K +$187K +14,843 New
SAM
140
Silvercrest Asset Management
New York
$182K – – –
PNC Financial Services Group
141
PNC Financial Services Group
Pennsylvania
$162K -$44.7K -3,548 -21%
FCI
142
Financial Counselors Inc
Kansas
$158K -$5.48K -435 -3%
BCM
143
Baltimore Capital Management
Maryland
$154K – – –
RFC
144
Regions Financial Corp
Alabama
$154K – – –
OAM
145
Oberweis Asset Management
Illinois
$145K +$149K +11,800 New
JWM
146
Jacobus Wealth Management
Wisconsin
$142K +$145K +11,500 New
FPFS
147
First Personal Financial Services
North Carolina
$136K – – –
CHAM
148
Clear Harbor Asset Management
Connecticut
$123K – – –
VA
149
Valmark Advisers
Ohio
$123K – – –
TD Asset Management
150
TD Asset Management
Ontario, Canada
$121K -$73.1K -5,800 -34%
4 5
6
7 8

CEF Hedge Fund Activity: Q2 2017 in Review

187 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q2 2017, worth a combined $57B — down 4% from $59.4B a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new CEF positions and 14 closed out — a net gain of 2 holders — while 44 added to existing stakes and 59 trimmed.

The largest buyer was Fiduciary Trust International of Pennsylvania, opening a new position worth an estimated $6.49M. The largest seller was LPL Financial, cutting an estimated $8.77M.

  • 187 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q2 2017, unchanged from Q1 2017.
  • Funds reported $57B of Sprott Physical Gold and Silver Trust stock for Q2 2017, down 4% quarter-over-quarter.
  • 16 funds opened new Sprott Physical Gold and Silver Trust positions in Q2 2017 and 14 closed out, a net change of +2 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q2 2017 was Fiduciary Trust International of Pennsylvania, an estimated $6.49M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q2 2017 was LPL Financial, an estimated $8.77M sold.

Based on aggregated 13F filings for Q2 2017.