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Sprott Physical Gold and Silver Trust

185 hedge funds and large institutions have $85.8B invested in Sprott Physical Gold and Silver Trust in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 46 increasing their positions, 70 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $82.6B → $85.8B (+$3.26B)

1.17% less ownership

Funds ownership: 21.23%20.07% (-1.2%)

5% less funds holding

Funds holding: 194185 (-9)

14% less funds holding in top 10

Funds holding in top 10: 1412 (-2)

34% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 70

39% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 23

Holders
185
Holders Change
-9
Holders Change %
-4.64%
% of All Funds
5.34%
Holding in Top 10
12
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-14.29%
% of All Funds
0.35%
New
14
Increased
46
Reduced
70
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MA
151
MUFG Americas
New York
$76K +$78.2K +5,500 New
FNBT
152
FineMark National Bank & Trust
Florida
$69K -$77.4K -5,450 -52%
CTC
153
Central Trust Company
Missouri
$69K
US Bancorp
154
US Bancorp
Minnesota
$67K -$14.2K -1,000 -17%
AA
155
AlphaMark Advisors
Kentucky
$66K
Bessemer Group
156
Bessemer Group
New Jersey
$64K
LWCFA
157
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$55K
BBHC
158
Brown Brothers Harriman & Co
New York
$47K +$48.2K +3,390 New
MFS
159
MSI Financial Services
Massachusetts
$40K -$8.88K -625 -18%
WTB
160
Washington Trust Bank
Washington
$39K +$40.3K +2,835 New
MIM
161
Macroview Investment Management
Maryland
$31K
BPBT
162
Boston Private Bank & Trust
Massachusetts
$28K -$14.2K -1,000 -33%
BAM
163
Brave Asset Management
New Jersey
$26K +$27K +1,900 New
VIA
164
Vantage Investment Advisors
Pennsylvania
$25K
PTC
165
Private Trust Company
Ohio
$23K
FMII
166
Farmers & Merchants Investments Inc
Nebraska
$19K
FHA
167
First Horizon Advisors
Tennessee
$15K
CBT
168
Central Bank & Trust
Kentucky
$14K
SFSIG
169
San Francisco Sentry Investment Group
California
$14K
SF
170
Synovus Financial
Georgia
$14K
Toronto Dominion Bank
171
Toronto Dominion Bank
Ontario, Canada
$14K
TFA
172
Transamerica Financial Advisors
Florida
$14K
WEC
173
Winslow Evans & Crocker
Massachusetts
$13.7K -$6.74K -474 -32%
Schroder Investment Management Group
174
Schroder Investment Management Group
United Kingdom
$11K
S
175
SignatureFD
Georgia
$10K -$21.3K -1,500 -66%

CEF Hedge Fund Activity: Q1 2014 in Review

185 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q1 2014, worth a combined $85.8B — up 3.9% from $82.6B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of CEF and 14 opened new positions — a net loss of 9 holders — while 70 trimmed existing stakes and 46 added.

The largest buyer was Millennium Management, adding an estimated $13.7M. The largest seller was Forty4 Asset Management, cutting an estimated $26.4M.

  • 185 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q1 2014, down from 194 in Q4 2013.
  • Funds reported $85.8B of Sprott Physical Gold and Silver Trust stock for Q1 2014, up 3.9% quarter-over-quarter.
  • 14 funds opened new Sprott Physical Gold and Silver Trust positions in Q1 2014 and 23 closed out, a net change of -9 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q1 2014 was Millennium Management, an estimated $13.7M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q1 2014 was Forty4 Asset Management, an estimated $26.4M sold.

Based on aggregated 13F filings for Q1 2014.