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Sprott Physical Gold and Silver Trust

283 hedge funds and large institutions have $1.05B invested in Sprott Physical Gold and Silver Trust in 2022 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 56 increasing their positions, 86 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 23

31% more capital invested

Capital invested by funds: $804M → $1.05B (+$250M)

3.75% more ownership

Funds ownership: 23.45%27.21% (+3.8%)

4% more funds holding

Funds holding: 273283 (+10)

0% more funds holding in top 10

Funds holding in top 10: 1414 (0)

35% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 86

Holders
283
Holders Change
+10
Holders Change %
+3.66%
% of All Funds
4.55%
Holding in Top 10
14
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.23%
New
39
Increased
56
Reduced
86
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CTC
1
Central Trust Company
Missouri
$124M +$40.5M +2,421,104 +54%
BFG
2
Bleakley Financial Group
New Jersey
$109M +$102M +6,068,652 New
Parallax Volatility Advisers
3
Parallax Volatility Advisers
California
$71.6M
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$59.7M +$2.43M +145,272 +5%
JAM
5
Jupiter Asset Management
United Kingdom
$58.9M -$5.46M -326,270 -9%
Morgan Stanley
6
Morgan Stanley
New York
$44.8M +$6.49M +388,071 +18%
HHGC
7
Hunting Hill Global Capital
New York
$32.9M -$3.85M -230,034 -11%
MAP
8
Managed Asset Portfolios
Michigan
$28.3M -$238K -14,250 -0.9%
SRC
9
Shufro Rose & Co
New York
$24.9M -$7.49M -447,974 -24%
Ameriprise
10
Ameriprise
Minnesota
$23.6M +$8.67M +518,480 +65%
ECM
11
Evergreen Capital Management
Washington
$21.8M +$690K +41,274 +4%
Baird Financial Group
12
Baird Financial Group
Wisconsin
$20.3M +$2.03M +121,607 +12%
Osaic Holdings
13
Osaic Holdings
Arizona
$17.4M +$1.03M +61,540 +7%
HCM
14
Howland Capital Management
Massachusetts
$15.3M +$455K +27,201 +3%
CVM
15
Cheviot Value Management
California
$12.6M +$310K +18,512 +3%
Bank of America
16
Bank of America
North Carolina
$12.6M +$10.2K +609 +0.1%
Wells Fargo
17
Wells Fargo
California
$11.4M +$88.9K +5,313 +0.8%
SS
18
Simplicity Solutions
Minnesota
$11.2M -$496K -29,629 -5%
RJA
19
Raymond James & Associates
Florida
$10.8M -$500K -29,867 -5%
National Bank of Canada
20
National Bank of Canada
Quebec, Canada
$10.7M -$188K -11,213 -2%
PWC
21
PYA Waltman Capital
Tennessee
$10.7M -$495K -29,574 -5%
PAMP
22
Polar Asset Management Partners
Ontario, Canada
$10.1M
BFA
23
Beaumont Financial Advisors
Massachusetts
$10M -$546K -32,620 -5%
EWP
24
Engrave Wealth Partners
Texas
$9.75M +$269K +16,090 +3%
LPL Financial
25
LPL Financial
California
$9.52M +$1.35M +80,622 +18%

CEF Hedge Fund Activity: Q4 2022 in Review

283 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q4 2022, worth a combined $1.05B — up 31% from $804M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new CEF positions and 23 closed out — a net gain of 16 holders — while 56 added to existing stakes and 86 trimmed.

The largest buyer was Central Trust Company, adding an estimated $40.5M. The largest seller was Boothbay Fund Management, cutting an estimated $20M.

  • 283 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q4 2022, up from 273 in Q3 2022.
  • Funds reported $1.05B of Sprott Physical Gold and Silver Trust stock for Q4 2022, up 31% quarter-over-quarter.
  • 39 funds opened new Sprott Physical Gold and Silver Trust positions in Q4 2022 and 23 closed out, a net change of +16 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q4 2022 was Central Trust Company, an estimated $40.5M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q4 2022 was Boothbay Fund Management, an estimated $20M sold.

Based on aggregated 13F filings for Q4 2022.