Sprott Physical Gold and Silver Trust
CEF
183 hedge funds and large institutions have $649M invested in Sprott Physical Gold and Silver Trust in 2015 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 70 reducing their positions, and 18 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
0.7% less ownership
Funds ownership: 19.52% → 18.82% (-0.7%)
4% less capital invested
Capital invested by funds: $676M → $649M (-$27.6M)
4% less funds holding
Funds holding: 191 → 183 (-8)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
56% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capstone Investment Advisors
New York
|
+$10.4M |
| 2 |
Morgan Stanley
New York
|
+$7.81M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$7.4M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$3.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$29.8M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$4.93M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$4.38M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.48M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$2.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
201
Next Financial Group
Houston,
Texas
| – | -$8K | -716 | Closed |
|
202
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$8K | -701 | Closed |
|
|
BIA
203
Barry Investment Advisors
New Bedford,
Massachusetts
| – | -$4.82K | -403 | -0.2% |
|
CEF Hedge Fund Activity: Q2 2015 in Review
183 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q2 2015, worth a combined $649M — down 4.1% from $676M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CEF and 15 opened new positions — a net loss of 3 holders — while 70 trimmed existing stakes and 31 added.
The largest buyer was Capstone Investment Advisors, adding an estimated $10.4M. The largest seller was Artemis Investment Management, exiting entirely with an estimated $29.8M sold.
- 183 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q2 2015, down from 191 in Q1 2015.
- Funds reported $649M of Sprott Physical Gold and Silver Trust stock for Q2 2015, down 4.1% quarter-over-quarter.
- 15 funds opened new Sprott Physical Gold and Silver Trust positions in Q2 2015 and 18 closed out, a net change of -3 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q2 2015 was Capstone Investment Advisors, an estimated $10.4M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q2 2015 was Artemis Investment Management, an estimated $29.8M sold.
Based on aggregated 13F filings for Q2 2015.