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Sprott Physical Gold and Silver Trust

271 hedge funds and large institutions have $1.02B invested in Sprott Physical Gold and Silver Trust in 2021 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 76 increasing their positions, 71 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 14

2.76% more ownership

Funds ownership: 24.27%27.03% (+2.8%)

2% more funds holding

Funds holding: 266271 (+5)

7% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 71

2% more capital invested

Capital invested by funds: $999M → $1.02B (+$21.8M)

40% less funds holding in top 10

Funds holding in top 10: 106 (-4)

Holders
271
Holders Change
+5
Holders Change %
+1.88%
% of All Funds
4.74%
Holding in Top 10
6
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-40%
% of All Funds
0.11%
New
21
Increased
76
Reduced
71
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAG
1
Private Advisor Group
New Jersey
$178M +$77.2M +4,283,547 +70%
JAM
2
Jupiter Asset Management
United Kingdom
$69.8M +$1.8M +99,887 +3%
Parallax Volatility Advisers
3
Parallax Volatility Advisers
California
$68.4M
CTC
4
Central Trust Company
Missouri
$65.3M +$5.13M +284,684 +8%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$51.8M +$651K +36,125 +1%
SRC
6
Shufro Rose & Co
New York
$32M +$493K +27,356 +1%
Morgan Stanley
7
Morgan Stanley
New York
$28.1M -$308K -17,103 -1%
MAP
8
Managed Asset Portfolios
Michigan
$27.1M +$30.8K +1,707 +0.1%
ECM
9
Evergreen Capital Management
Washington
$23.8M +$1M +55,481 +4%
Baird Financial Group
10
Baird Financial Group
Wisconsin
$23.4M -$805K -44,665 -3%
HHGC
11
Hunting Hill Global Capital
New York
$20.2M
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$18.1M +$11.8M +652,100 +161%
Ameriprise
13
Ameriprise
Minnesota
$16.5M -$226K -12,535 -1%
Bank of America
14
Bank of America
North Carolina
$14.6M -$482K -26,733 -3%
Osaic Holdings
15
Osaic Holdings
Arizona
$13.9M +$1.3M +72,297 +10%
HCM
16
Howland Capital Management
Massachusetts
$13.6M +$151K +8,397 +1%
HighTower Advisors
17
HighTower Advisors
Illinois
$11.7M +$2.24M +124,399 +22%
RJA
18
Raymond James & Associates
Florida
$11.5M -$497K -27,572 -4%
CVM
19
Cheviot Value Management
California
$11.5M +$114K +6,340 +1%
BFA
20
Beaumont Financial Advisors
Massachusetts
$11.4M -$990K -54,924 -8%
RCM
21
Rivernorth Capital Management
Florida
$11.3M +$6.13M +339,797 +106%
Wells Fargo
22
Wells Fargo
California
$11M -$875K -48,549 -7%
PWC
23
PYA Waltman Capital
Tennessee
$10.4M +$86.6K +4,802 +0.8%
Jane Street
24
Jane Street
New York
$9.86M +$6.18M +342,582 +147%
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$9.74M +$415K +23,028 +4%

CEF Hedge Fund Activity: Q3 2021 in Review

271 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q3 2021, worth a combined $1.02B — up 2.2% from $999M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new CEF positions and 14 closed out — a net gain of 7 holders — while 76 added to existing stakes and 71 trimmed.

The largest buyer was Private Advisor Group, adding an estimated $77.2M. The largest seller was Southport Capital Management, cutting an estimated $3.25M.

  • 271 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q3 2021, up from 266 in Q2 2021.
  • Funds reported $1.02B of Sprott Physical Gold and Silver Trust stock for Q3 2021, up 2.2% quarter-over-quarter.
  • 21 funds opened new Sprott Physical Gold and Silver Trust positions in Q3 2021 and 14 closed out, a net change of +7 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q3 2021 was Private Advisor Group, an estimated $77.2M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q3 2021 was Southport Capital Management, an estimated $3.25M sold.

Based on aggregated 13F filings for Q3 2021.