Sprott Physical Gold and Silver Trust
295 hedge funds and large institutions have $1.37B invested in Sprott Physical Gold and Silver Trust in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 71 increasing their positions, 94 reducing their positions, and 23 closing their positions.
26% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 23
5% more capital invested
Capital invested by funds: $1.3B → $1.37B (+$70.1M)
2% more funds holding
Funds holding: 290 → 295 (+5)
0.9% more ownership
Funds ownership: 32.91% → 33.81% (+0.9%)
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
24% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$39.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.5M |
| 3 |
Neuberger Berman Group
New York
|
+$7.58M |
| 4 |
Jane Street
New York
|
+$6.2M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$4.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PFG Investments
Woodbury,
New York
|
-$8.76M |
| 2 |
MGWM
Marks Group Wealth Management
Minnetonka,
Minnesota
|
-$6.41M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$6.2M |
| 4 |
HHGC
Hunting Hill Global Capital
New York
|
-$4.87M |
| 5 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$4.71M |
CEF Hedge Fund Activity: Q4 2023 in Review
295 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q4 2023, worth a combined $1.37B — up 5.4% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CEF positions and 23 closed out — a net gain of 6 holders — while 71 added to existing stakes and 94 trimmed.
The largest buyer was Bluefin Capital Management, adding an estimated $39.6M. The largest seller was PFG Investments, exiting entirely with an estimated $8.76M sold.
- 295 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q4 2023, up from 290 in Q3 2023.
- Funds reported $1.37B of Sprott Physical Gold and Silver Trust stock for Q4 2023, up 5.4% quarter-over-quarter.
- 29 funds opened new Sprott Physical Gold and Silver Trust positions in Q4 2023 and 23 closed out, a net change of +6 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q4 2023 was Bluefin Capital Management, an estimated $39.6M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q4 2023 was PFG Investments, an estimated $8.76M sold.
Based on aggregated 13F filings for Q4 2023.