Sprott Focus Trust
FUND
32 hedge funds and large institutions have $21.6M invested in Sprott Focus Trust in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 5 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
12% more capital invested
Capital invested by funds: $19.3M → $21.6M (+$2.33M)
9% less funds holding
Funds holding: 35 → 32 (-3)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.62M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$429K |
| 3 |
EFS
Essex Financial Services
Essex,
Connecticut
|
+$231K |
| 4 |
APCM
Arbiter Partners Capital Management
New York
|
+$88.8K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$67.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$450K |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$414K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$238K |
| 4 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
-$189K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$131K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBPWM
26
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $69K | +$67.5K | +9,148 | New |
|
|
AIG
27
American International Group
New York
| $33K | +$458 | +62 | +1% |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $32K | +$221 | +30 | +0.7% |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $13K | +$9.2K | +1,246 | +295% |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $7K | -$7.1K | -962 | -49% |
|
|
HNB
31
Huntington National Bank
Columbus,
Ohio
| $6K | – | – | – |
|
|
PRCM
32
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$414K | -58,173 | Closed |
|
|
FWCM
33
Ferguson Wellman Capital Management
Portland,
Oregon
| – | -$189K | -26,478 | Closed |
|
|
CCB
34
Cutter & Co Brokerage
Ballwin,
Missouri
| – | -$86K | -12,027 | Closed |
|
35
Comerica Bank
Dallas,
Texas
| – | -$79K | -11,066 | Closed |
|
36
Ameriprise
Minneapolis,
Minnesota
| – | -$11K | -1,572 | Closed |
|
|
WEC
37
Winslow Evans & Crocker
Boston,
Massachusetts
| – | +$59 | +8 | New |
|
FUND Hedge Fund Activity: Q4 2013 in Review
32 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Sprott Focus Trust (FUND) for Q4 2013, worth a combined $21.6M — up 12% from $19.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FUND and 4 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 14 added.
The largest buyer was Morgan Stanley, adding an estimated $1.62M. The largest seller was Shaker Financial Services, cutting an estimated $450K.
- 32 institutional investors held Sprott Focus Trust (FUND) as of Q4 2013, down from 35 in Q3 2013.
- Funds reported $21.6M of Sprott Focus Trust stock for Q4 2013, up 12% quarter-over-quarter.
- 4 funds opened new Sprott Focus Trust positions in Q4 2013 and 5 closed out, a net change of -1 holder.
- The largest Sprott Focus Trust buyer in Q4 2013 was Morgan Stanley, an estimated $1.62M added.
- The largest Sprott Focus Trust seller in Q4 2013 was Shaker Financial Services, an estimated $450K sold.
Based on aggregated 13F filings for Q4 2013.