Sprott Physical Gold and Silver Trust
CEF
282 hedge funds and large institutions have $1.31B invested in Sprott Physical Gold and Silver Trust in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 88 increasing their positions, 73 reducing their positions, and 16 closing their positions.
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
24% more capital invested
Capital invested by funds: $1.05B → $1.31B (+$254M)
21% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 73
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
3.25% more ownership
Funds ownership: 27.21% → 30.45% (+3.2%)
0% less funds holding
Funds holding: 283 → 282 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$98.4M |
| 2 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$6.52M |
| 3 |
CAC
Cowen and Company
New York
|
+$5.62M |
| 4 |
SRC
Shufro Rose & Co
New York
|
+$4.82M |
| 5 |
MCM
Marathon Capital Management
Hunt Valley,
Maryland
|
+$4.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHGC
Hunting Hill Global Capital
New York
|
-$11.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.11M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$7.54M |
| 4 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$7.27M |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$3.18M |
CEF Hedge Fund Activity: Q1 2023 in Review
282 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q1 2023, worth a combined $1.31B — up 24% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CEF positions and 16 closed out — a net gain of 6 holders — while 88 added to existing stakes and 73 trimmed.
The largest buyer was Simplicity Solutions, adding an estimated $98.4M. The largest seller was Hunting Hill Global Capital, cutting an estimated $11.2M.
- 282 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q1 2023, down from 283 in Q4 2022.
- Funds reported $1.31B of Sprott Physical Gold and Silver Trust stock for Q1 2023, up 24% quarter-over-quarter.
- 22 funds opened new Sprott Physical Gold and Silver Trust positions in Q1 2023 and 16 closed out, a net change of +6 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q1 2023 was Simplicity Solutions, an estimated $98.4M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q1 2023 was Hunting Hill Global Capital, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2023.