Sprott Physical Gold and Silver Trust
249 hedge funds and large institutions have $953M invested in Sprott Physical Gold and Silver Trust in 2020 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 69 increasing their positions, 56 reducing their positions, and 16 closing their positions.
200% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 16
23% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 56
17% more capital invested
Capital invested by funds: $818M → $953M (+$135M)
14% more funds holding
Funds holding: 219 → 249 (+30)
2.23% more ownership
Funds ownership: 21.22% → 23.45% (+2.2%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$52.7M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$11.4M |
| 3 |
HHGC
Hunting Hill Global Capital
New York
|
+$11.4M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$6.86M |
| 5 |
HPCM
Hunter Perkins Capital Management
Lombard,
Illinois
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFG
OTA Financial Group
Purchase,
New York
|
-$19M |
| 2 |
SRC
Shufro Rose & Co
New York
|
-$10.5M |
| 3 |
CIM
Cowen Investment Management
New York
|
-$7.06M |
| 4 |
EPAM
Euro Pacific Asset Management
Dorado,
Puerto Rico
|
-$4.01M |
| 5 |
QP
Quilter Plc
London,
United Kingdom
|
-$1.26M |
CEF Hedge Fund Activity: Q4 2020 in Review
249 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q4 2020, worth a combined $953M — up 17% from $818M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new CEF positions and 16 closed out — a net gain of 32 holders — while 69 added to existing stakes and 56 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $52.7M. The largest seller was OTA Financial Group, cutting an estimated $19M.
- 249 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q4 2020, up from 219 in Q3 2020.
- Funds reported $953M of Sprott Physical Gold and Silver Trust stock for Q4 2020, up 17% quarter-over-quarter.
- 48 funds opened new Sprott Physical Gold and Silver Trust positions in Q4 2020 and 16 closed out, a net change of +32 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q4 2020 was Private Advisor Group, an estimated $52.7M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q4 2020 was OTA Financial Group, an estimated $19M sold.
Based on aggregated 13F filings for Q4 2020.