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Sprott Physical Gold and Silver Trust

178 hedge funds and large institutions have $634M invested in Sprott Physical Gold and Silver Trust in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 41 increasing their positions, 53 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.37% more ownership

Funds ownership: 18.82%20.19% (+1.4%)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

2% less capital invested

Capital invested by funds: $649M → $634M (-$14.9M)

3% less funds holding

Funds holding: 183178 (-5)

11% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 19

23% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 53

Holders
178
Holders Change
-5
Holders Change %
-2.73%
% of All Funds
4.97%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.28%
New
17
Increased
41
Reduced
53
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PG
151
Patten Group
Tennessee
$63.5K
MIM
152
Macroview Investment Management
Maryland
$60K +$32.5K +3,000 +114%
CFA
153
CT Financial Advisors
Pennsylvania
$56.2K -$3.64K -336 -6%
CTC
154
Central Trust Company
Missouri
$54K
CFA
155
Carroll Financial Associates
North Carolina
$45K
BBHC
156
Brown Brothers Harriman & Co
New York
$36K
KTC
157
Kistler-Tiffany Companies
Pennsylvania
$32K
Carson Wealth (CWM LLC)
158
Carson Wealth (CWM LLC)
Nebraska
$25K +$26K +2,400 New
HCM
159
Highlander Capital Management
New Jersey
$21K
PCM
160
Prelude Capital Management
New York
$21K +$21.7K +2,000 New
BAM
161
Brave Asset Management
New Jersey
$20K
TRCT
162
Tower Research Capital (TRC)
New York
$20K +$8.67K +800 +133%
VIA
163
Vantage Investment Advisors
Pennsylvania
$19K
KA
164
Klingman & Associates
New York
$17K -$17.9K -1,650 Closed
AF
165
Allworth Financial
California
$17K
OSNBOA
166
Old Second National Bank of Aurora
Illinois
$16K
WEC
167
Winslow Evans & Crocker
Massachusetts
$12.7K +$1.08K +100 +9%
CBT
168
Central Bank & Trust
Kentucky
$11K
FMII
169
Farmers & Merchants Investments Inc
Nebraska
$11K
TFA
170
Transamerica Financial Advisors
Florida
$11K
EWM
171
Endurance Wealth Management
Rhode Island
$11K +$10.8K +1,000 New
SF
172
Synovus Financial
Georgia
$10K
HA
173
Harfst & Associates
Wyoming
$8K -$24.4K -2,250 -75%
GWM
174
Gupta Wealth Management
California
$8K
NFG
175
Next Financial Group
Texas
$6K +$6.45K +595 New

CEF Hedge Fund Activity: Q3 2015 in Review

178 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q3 2015, worth a combined $634M — down 2.3% from $649M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of CEF and 17 opened new positions — a net loss of 2 holders — while 53 trimmed existing stakes and 41 added.

The largest buyer was Wellington Management Group, adding an estimated $15.2M. The largest seller was Neuberger Berman Group, cutting an estimated $24.4M.

  • 178 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q3 2015, down from 183 in Q2 2015.
  • Funds reported $634M of Sprott Physical Gold and Silver Trust stock for Q3 2015, down 2.3% quarter-over-quarter.
  • 17 funds opened new Sprott Physical Gold and Silver Trust positions in Q3 2015 and 19 closed out, a net change of -2 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q3 2015 was Wellington Management Group, an estimated $15.2M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q3 2015 was Neuberger Berman Group, an estimated $24.4M sold.

Based on aggregated 13F filings for Q3 2015.