Sprott Physical Gold and Silver Trust
CEF
197 hedge funds and large institutions have $550M invested in Sprott Physical Gold and Silver Trust in 2018 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 40 increasing their positions, 61 reducing their positions, and 14 closing their positions.
79% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 14
5% more funds holding
Funds holding: 187 → 197 (+10)
5.88% less ownership
Funds ownership: 21.98% → 16.09% (-5.9%)
26% less capital invested
Capital invested by funds: $746M → $550M (-$197M)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
34% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 61
Top Buyers
Top Sellers
CEF Hedge Fund Activity: Q2 2018 in Review
197 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q2 2018, worth a combined $550M — down 26% from $746M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CEF positions and 14 closed out — a net gain of 11 holders — while 40 added to existing stakes and 61 trimmed.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $14M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $131M sold.
- 197 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q2 2018, up from 187 in Q1 2018.
- Funds reported $550M of Sprott Physical Gold and Silver Trust stock for Q2 2018, down 26% quarter-over-quarter.
- 25 funds opened new Sprott Physical Gold and Silver Trust positions in Q2 2018 and 14 closed out, a net change of +11 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q2 2018 was T. Rowe Price Associates, an estimated $14M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q2 2018 was Polar Asset Management Partners, an estimated $131M sold.
Based on aggregated 13F filings for Q2 2018.