Sprott Physical Gold and Silver Trust
274 hedge funds and large institutions have $806M invested in Sprott Physical Gold and Silver Trust in 2022 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 62 increasing their positions, 79 reducing their positions, and 26 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
1.94% less ownership
Funds ownership: 25.4% → 23.47% (-1.9%)
3% less funds holding
Funds holding: 283 → 274 (-9)
14% less capital invested
Capital invested by funds: $933M → $806M (-$127M)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
22% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHGC
Hunting Hill Global Capital
New York
|
+$22.8M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$18.2M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$7.37M |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$2.87M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$82.6M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$9.19M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.89M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$6.96M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.57M |
CEF Hedge Fund Activity: Q3 2022 in Review
274 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q3 2022, worth a combined $806M — down 14% from $933M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CEF and 21 opened new positions — a net loss of 5 holders — while 79 trimmed existing stakes and 62 added.
The largest buyer was Hunting Hill Global Capital, adding an estimated $22.8M. The largest seller was Private Advisor Group, cutting an estimated $82.6M.
- 274 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q3 2022, down from 283 in Q2 2022.
- Funds reported $806M of Sprott Physical Gold and Silver Trust stock for Q3 2022, down 14% quarter-over-quarter.
- 21 funds opened new Sprott Physical Gold and Silver Trust positions in Q3 2022 and 26 closed out, a net change of -5 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q3 2022 was Hunting Hill Global Capital, an estimated $22.8M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q3 2022 was Private Advisor Group, an estimated $82.6M sold.
Based on aggregated 13F filings for Q3 2022.