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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
TJHA
151
Thomas J. Herzfeld Advisors
Florida
$98K
PCM
152
Prelude Capital Management
New York
$74K
IPC
153
Independent Portfolio Consultants
Florida
$71K -$10.1K -735 -11%
MA
154
MUFG Americas
New York
$68K
CTC
155
Central Trust Company
Missouri
$63K
US Bancorp
156
US Bancorp
Minnesota
$60K
Ameriprise
157
Ameriprise
Minnesota
$52K -$485K -35,286 -89%
EWM
158
Elite Wealth Management
Washington
$49K +$55K +4,000 New
JWA
159
JFS Wealth Advisors
Pennsylvania
$44K
BBHC
160
Brown Brothers Harriman & Co
New York
$42K
KTC
161
Kistler-Tiffany Companies
Pennsylvania
$37K +$41.2K +3,000 New
WTB
162
Washington Trust Bank
Washington
$35K
TRCT
163
Tower Research Capital (TRC)
New York
$34K +$17.9K +1,300 +108%
FNBT
164
FineMark National Bank & Trust
Florida
$31K
MIM
165
Macroview Investment Management
Maryland
$28K
OCM
166
One Capital Management
California
$27K +$30.3K +2,204 New
LWCFA
167
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$25K -$27.8K -2,020 -50%
BAM
168
Brave Asset Management
New Jersey
$23K
VIA
169
Vantage Investment Advisors
Pennsylvania
$22K
NFG
170
Next Financial Group
Texas
$21K -$5.5K -400 -19%
PTC
171
Private Trust Company
Ohio
$21K
S
172
SignatureFD
Georgia
$18K
WEC
173
Winslow Evans & Crocker
Massachusetts
$13.5K +$1.37K +100 +10%
TFA
174
Transamerica Financial Advisors
Florida
$13K
CBT
175
Central Bank & Trust
Kentucky
$12K

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.