Sprott Physical Gold and Silver Trust
CEF
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.
0.35% more ownership
Funds ownership: 18.67% → 19.02% (+0.35%)
0% more funds holding
Funds holding: 185 → 185 (0)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capstone Investment Advisors
New York
|
+$7.11M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.16M |
| 3 |
GIM
Greylin Investment Management
Orange,
Virginia
|
+$5.46M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$4.9M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$4.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$4.6M |
| 2 |
Morgan Stanley
New York
|
-$3.76M |
| 3 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
-$2.4M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$1.89M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$942K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BC
201
Bartlett & Co
Cincinnati,
Ohio
| – | -$4K | -300 | Closed |
|
202
ClearBridge Investments
New York
| – | -$4K | -300 | Closed |
|
|
TCM
203
Tradewinds Capital Management
Bellingham,
Washington
| – | -$3K | -200 | Closed |
|
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.