We are live on ! Find out more
CEF icon

Sprott Physical Gold and Silver Trust
CEF

192 hedge funds and large institutions have $583M invested in Sprott Physical Gold and Silver Trust in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 58 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $550M → $583M (+$33M)

4.2% more ownership

Funds ownership: 16.09% → 20.29% (+4.2%)

0% more funds holding in top 10

Funds holding in top 10: 8 → 8 (0)

3% less funds holding

Funds holding: 197 → 192 (-5)

19% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 21

24% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 58

Holders
192
Holders Change
-5
Holders Change %
-2.54%
% of All Funds
4.39%
Holding in Top 10
8
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.18%
New
17
Increased
44
Reduced
58
Closed
21
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
PAMP
Polar Asset Management Partners
Ontario, Canada
+$37M
2
CTC
Central Trust Company
Missouri
+$28.4M
3
WAM
Weiss Asset Management
Massachusetts
+$22.9M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$7.58M
5
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$3.44M

Top Sellers

1
RJA
Raymond James & Associates
Florida
-$7.95M
2
BFA
Beaumont Financial Advisors
Massachusetts
-$6.2M
3
RCM
Rivernorth Capital Management
Florida
-$5.48M
4
KPF
K2 Principal Fund
Ontario, Canada
-$5.01M
5
Cohen & Steers
Cohen & Steers
New York
-$3.49M
Name Holding Trade Value Shares
Change 		Change in
Stake
Millennium Management
126
Millennium Management
New York
$218K +$24.2K +2,019 +12%
SBH
127
Segall Bryant & Hamill
Illinois
$217K – – –
BEAM
128
Baker Ellis Asset Management
Washington
$216K – – –
Bank of New York Mellon
129
Bank of New York Mellon
New York
$213K +$218K +18,200 New
LRPA
130
L. Roy Papp & Associates
Arizona
$206K – – –
LIC
131
Lodestar Investment Counsel
Illinois
$199K – – –
AIP
132
Almanack Investment Partners
Pennsylvania
$198K – – –
TSS
133
Two Sigma Securities
New York
$186K +$190K +15,890 New
IWM
134
IHT Wealth Management
Illinois
$185K – – –
AA
135
Ancora Advisors
Ohio
$173K – – –
BCM
136
Baltimore Capital Management
Maryland
$141K – – –
Deutsche Bank
137
Deutsche Bank
Germany
$140K – – –
FCI
138
Financial Counselors Inc
Kansas
$140K – – –
CNB
139
Camden National Bank
Maine
$138K -$12.8K -1,070 -8%
APSP
140
Asset Planning Services (Pennsylvania)
Pennsylvania
$134K – – –
CRC
141
Curi RMB Capital
Illinois
$134K – – –
WS
142
Wedbush Securities
California
$131K -$16.6K -1,389 -11%
OAM
143
Oberweis Asset Management
Illinois
$130K – – –
FPFS
144
First Personal Financial Services
North Carolina
$129K – – –
RG
145
Rathbones Group
United Kingdom
$128K – – –
TAM
146
Tocqueville Asset Management
New York
$123K – – –
UR
147
USCA RIA
Texas
$120K – – –
CHA
148
Carmichael Hill & Associates
Maryland
$119K -$17.6K -1,467 -13%
AIM
149
Advantage Investment Management
Iowa
$116K +$18.3K +1,530 +18%
WT
150
Whittier Trust
California
$105K – – –
4 5
6
7 8

CEF Hedge Fund Activity: Q3 2018 in Review

192 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q3 2018, worth a combined $583M — up 6% from $550M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of CEF and 17 opened new positions — a net loss of 4 holders — while 58 trimmed existing stakes and 44 added.

The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $37M. The largest seller was Raymond James & Associates, cutting an estimated $7.95M.

  • 192 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q3 2018, down from 197 in Q2 2018.
  • Funds reported $583M of Sprott Physical Gold and Silver Trust stock for Q3 2018, up 6% quarter-over-quarter.
  • 17 funds opened new Sprott Physical Gold and Silver Trust positions in Q3 2018 and 21 closed out, a net change of -4 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q3 2018 was Polar Asset Management Partners, an estimated $37M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q3 2018 was Raymond James & Associates, an estimated $7.95M sold.

Based on aggregated 13F filings for Q3 2018.