Sprott Physical Gold and Silver Trust
461 hedge funds and large institutions have $2.71B invested in Sprott Physical Gold and Silver Trust in 2026 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 86 increasing their positions, 180 reducing their positions, and 39 closing their positions.
51% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 39
3% more funds holding
Funds holding: 446 → 461 (+15)
1% more capital invested
Capital invested by funds: $2.68B → $2.71B (+$31.2M)
0.32% less ownership
Funds ownership: 30.11% → 29.78% (-0.32%)
20% less funds holding in top 10
Funds holding in top 10: 20 → 16 (-4)
52% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 180
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$177M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$89M |
| 3 |
Jane Street
New York
|
+$35.3M |
| 4 |
MFGM
Marshall Financial Group (Maryland)
Hunt Valley,
Maryland
|
+$27.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
-$129M |
| 2 |
Morgan Stanley
New York
|
-$80.5M |
| 3 |
BFG
Bleakley Financial Group
Fairfield,
New Jersey
|
-$33.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$21.3M |
| 5 |
IWM
Inlight Wealth Management
Atlanta,
Georgia
|
-$20M |
CEF Hedge Fund Activity: Q1 2026 in Review
461 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q1 2026, worth a combined $2.71B — up 1.2% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new CEF positions and 39 closed out — a net gain of 20 holders — while 86 added to existing stakes and 180 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $177M. The largest seller was Central Trust Company, cutting an estimated $129M.
- 461 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q1 2026, up from 446 in Q4 2025.
- Funds reported $2.71B of Sprott Physical Gold and Silver Trust stock for Q1 2026, up 1.2% quarter-over-quarter.
- 59 funds opened new Sprott Physical Gold and Silver Trust positions in Q1 2026 and 39 closed out, a net change of +20 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q1 2026 was IMC Chicago, an estimated $177M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q1 2026 was Central Trust Company, an estimated $129M sold.
Based on aggregated 13F filings for Q1 2026.