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Sprott Physical Gold and Silver Trust

356 hedge funds and large institutions have $1.51B invested in Sprott Physical Gold and Silver Trust in 2024 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 69 increasing their positions, 108 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

206% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 16

8% more funds holding

Funds holding: 329356 (+27)

8% more funds holding in top 10

Funds holding in top 10: 1314 (+1)

1.26% more ownership

Funds ownership: 29.42%30.68% (+1.3%)

3% more capital invested

Capital invested by funds: $1.46B → $1.51B (+$49.8M)

36% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 108

Holders
356
Holders Change
+27
Holders Change %
+8.21%
% of All Funds
4.69%
Holding in Top 10
14
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+7.69%
% of All Funds
0.18%
New
49
Increased
69
Reduced
108
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CTC
1
Central Trust Company
Missouri
$187M +$1.3M +52,369 +0.7%
BFG
2
Bleakley Financial Group
New Jersey
$126M -$3.61M -145,567 -3%
Parallax Volatility Advisers
3
Parallax Volatility Advisers
California
$94.9M
DFG
4
Demars Financial Group
Washington
$84.2M +$47.3M +1,906,362 +2,039%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$82.1M +$2.32M +93,522 +3%
Morgan Stanley
6
Morgan Stanley
New York
$70M +$2.27M +91,738 +3%
JAM
7
Jupiter Asset Management
United Kingdom
$50.6M -$1.92M -77,388 -4%
Baird Financial Group
8
Baird Financial Group
Wisconsin
$32.8M +$932K +37,604 +3%
Raymond James Financial
9
Raymond James Financial
Florida
$28.1M +$29.3M +1,182,210 New
MAP
10
Managed Asset Portfolios
Michigan
$27.7M -$298K -12,031 -1%
SRC
11
Shufro Rose & Co
New York
$25.3M -$12.6M -507,063 -32%
BFM
12
Boothbay Fund Management
New York
$23.2M
Wells Fargo
13
Wells Fargo
California
$21.1M -$1.77M -71,468 -7%
Jane Street
14
Jane Street
New York
$19.7M +$6.87M +277,315 +50%
Ameriprise
15
Ameriprise
Minnesota
$18.8M -$506K -20,420 -3%
Bank of America
16
Bank of America
North Carolina
$17.6M -$220K -8,860 -1%
CVM
17
Cheviot Value Management
California
$17M +$353K +14,226 +2%
EPIM
18
Evelyn Partners Investment Management
$16.7M +$17.5M +704,928 New
SI
19
Sprott Inc
Ontario, Canada
$16.3M -$2.57M -103,723 -13%
CIBC World Market
20
CIBC World Market
Ontario, Canada
$14.8M +$3.12M +125,849 +25%
LPL Financial
21
LPL Financial
California
$13.6M -$9.88M -398,406 -41%
ECM
22
Evergreen Capital Management
Washington
$13.4M -$2.72M -109,646 -16%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$12.7M +$294K +11,844 +2%
BFA
24
Beaumont Financial Advisors
Massachusetts
$12.5M +$284K +11,454 +2%
Cohen & Steers
25
Cohen & Steers
New York
$12.1M

CEF Hedge Fund Activity: Q4 2024 in Review

356 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q4 2024, worth a combined $1.51B — up 3.4% from $1.46B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new CEF positions and 16 closed out — a net gain of 33 holders — while 69 added to existing stakes and 108 trimmed.

The largest buyer was Demars Financial Group, adding an estimated $47.3M. The largest seller was CAPTRUST Financial Advisors, cutting an estimated $13.6M.

  • 356 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q4 2024, up from 329 in Q3 2024.
  • Funds reported $1.51B of Sprott Physical Gold and Silver Trust stock for Q4 2024, up 3.4% quarter-over-quarter.
  • 49 funds opened new Sprott Physical Gold and Silver Trust positions in Q4 2024 and 16 closed out, a net change of +33 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q4 2024 was Demars Financial Group, an estimated $47.3M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q4 2024 was CAPTRUST Financial Advisors, an estimated $13.6M sold.

Based on aggregated 13F filings for Q4 2024.