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Sprott Physical Gold and Silver Trust

289 hedge funds and large institutions have $1.3B invested in Sprott Physical Gold and Silver Trust in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 73 increasing their positions, 84 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 14

7% more funds holding in top 10

Funds holding in top 10: 1516 (+1)

2% more funds holding

Funds holding: 282289 (+7)

1.26% more ownership

Funds ownership: 31.63%32.9% (+1.3%)

1% more capital invested

Capital invested by funds: $1.3B → $1.3B (+$7.15M)

13% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 84

Holders
289
Holders Change
+7
Holders Change %
+2.48%
% of All Funds
4.59%
Holding in Top 10
16
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.67%
% of All Funds
0.25%
New
24
Increased
73
Reduced
84
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CTC
1
Central Trust Company
Missouri
$136M +$6.36M +350,178 +5%
BFG
2
Bleakley Financial Group
New Jersey
$108M +$219K +12,036 +0.2%
SS
3
Simplicity Solutions
Minnesota
$108M +$398K +21,917 +0.4%
Parallax Volatility Advisers
4
Parallax Volatility Advisers
California
$69.2M
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$65.5M +$887K +48,819 +1%
QP
6
Quilter Plc
United Kingdom
$61.5M -$70K -3,850 -6%
Morgan Stanley
7
Morgan Stanley
New York
$44.2M +$594K +32,687 +1%
JAM
8
Jupiter Asset Management
United Kingdom
$40.6M -$9.42M -518,446 -18%
BFM
9
Boothbay Fund Management
New York
$33.8M +$33.7M +1,853,153 +1,921%
SRC
10
Shufro Rose & Co
New York
$28.6M +$632K +34,775 +2%
SI
11
Sprott Inc
Ontario, Canada
$24.2M -$2.18M -119,720 -13%
MAP
12
Managed Asset Portfolios
Michigan
$23.8M -$334K -18,392 -1%
Baird Financial Group
13
Baird Financial Group
Wisconsin
$22.3M -$205K -11,262 -0.9%
Ameriprise
14
Ameriprise
Minnesota
$20.5M +$45K +2,475 +0.2%
Osaic Holdings
15
Osaic Holdings
Arizona
$17.3M +$894K +49,190 +5%
Jane Street
16
Jane Street
New York
$15.9M +$9.88M +543,578 +145%
HCM
17
Howland Capital Management
Massachusetts
$15.4M +$671K +36,915 +4%
ECM
18
Evergreen Capital Management
Washington
$14.9M +$372K +20,475 +2%
Bank of America
19
Bank of America
North Carolina
$13.2M -$466K -25,659 -3%
LPL Financial
20
LPL Financial
California
$13M +$1.52M +83,589 +13%
BCM
21
Bluefin Capital Management
New York
$12.8M +$13.4M +739,486 New
PAG
22
Private Advisor Group
New Jersey
$12.7M +$366K +20,152 +3%
EWP
23
Engrave Wealth Partners
Texas
$12.5M +$1.91M +105,242 +17%
CVM
24
Cheviot Value Management
California
$12.4M +$1.73K +95 +0%
Wells Fargo
25
Wells Fargo
California
$11.9M +$489K +26,935 +4%

CEF Hedge Fund Activity: Q3 2023 in Review

289 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q3 2023, worth a combined $1.3B — up 0.55% from $1.3B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new CEF positions and 14 closed out — a net gain of 10 holders — while 73 added to existing stakes and 84 trimmed.

The largest buyer was Boothbay Fund Management, adding an estimated $33.7M. The largest seller was Hunting Hill Global Capital, cutting an estimated $14M.

  • 289 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q3 2023, up from 282 in Q2 2023.
  • Funds reported $1.3B of Sprott Physical Gold and Silver Trust stock for Q3 2023, up 0.55% quarter-over-quarter.
  • 24 funds opened new Sprott Physical Gold and Silver Trust positions in Q3 2023 and 14 closed out, a net change of +10 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q3 2023 was Boothbay Fund Management, an estimated $33.7M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q3 2023 was Hunting Hill Global Capital, an estimated $14M sold.

Based on aggregated 13F filings for Q3 2023.