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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
BCMIO
176
Beacon Capital Management Inc (Ohio)
Ohio
$5K
GAM
177
Gemmer Asset Management
California
$5K
DLHL
178
Donald L. Hagan LLC
Florida
$4K +$4.34K +400 New
BCM
179
Brookstone Capital Management
Illinois
$2K
SHJ
180
Sharkey, Howes & Javer
Colorado
$2K
JWA
181
JFS Wealth Advisors
Pennsylvania
$1K -$37.9K -3,500 -97%
CCMD
182
Cypress Capital Management (Delaware)
Delaware
-$4.28M -367,350 Closed
Cohen & Steers
183
Cohen & Steers
New York
-$1.67M -143,134 Closed
CPS
184
Counsel Portfolio Services
Ontario, Canada
-$570K -48,651 Closed
NCMW
185
Northern Capital Management (Wisconsin)
Wisconsin
-$557K -47,750 Closed
OCM
186
Otter Creek Management
Florida
-$233K -20,000 Closed
TIA
187
Tiemann Investment Advisors
California
-$213K -18,310 Closed
SCM
188
Seamans Capital Management
Massachusetts
-$190K -16,300 Closed
Fifth Third Bancorp
189
Fifth Third Bancorp
Ohio
-$179K -15,350 Closed
FSA
190
Financial Sense Advisors
California
-$137K -11,770 Closed
AMM
191
American Money Management
California
-$130K -11,141 Closed
SPC
192
Sigma Planning Corp
Michigan
-$126K -10,783 Closed
CWM
193
Concert Wealth Management
California
-$117K -10,061 Closed
WTC
194
WhitTier Trust Company
Nevada
-$19K -1,650 Closed
SSB
195
Sandy Spring Bank
Maryland
-$6K -525 Closed
AA
196
AlphaMark Advisors
Kentucky
-$6K -500 Closed
RFA
197
Reilly Financial Advisors
California
-$6K -500 Closed
JIC
198
Joel Isaacson & Co
New York
-$2.17K -200 Closed
JG
199
Jefferies Group
New York
-$1K -83 Closed

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.