Sprott Focus Trust
FUND
33 hedge funds and large institutions have $38.3M invested in Sprott Focus Trust in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
7% more capital invested
Capital invested by funds: $35.9M → $38.3M (+$2.47M)
1.55% more ownership
Funds ownership: 20.12% → 21.67% (+1.5%)
6% less funds holding
Funds holding: 35 → 33 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.33M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.26M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$414K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$344K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$503K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$176K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$124K |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$124K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Commonwealth Equity Services
Waltham,
Massachusetts
| $110K | +$16.6K | +2,209 | +17% |
|
27
SG Americas Securities
New York
| $77K | +$78.3K | +10,431 | New |
|
|
PA
28
Parallel Advisors
San Francisco,
California
| $50K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $21K | +$23 | +3 | +0.1% |
|
|
WT
30
Whittier Trust
South Pasadena,
California
| $8K | – | – | – |
|
|
HNB
31
Huntington National Bank
Columbus,
Ohio
| $7K | – | – | – |
|
32
US Bancorp
Minneapolis,
Minnesota
| $7K | – | – | – |
|
|
VKH
33
Virtu KCG Holdings
New York
| – | -$176K | -23,695 | Closed |
|
|
HFS
34
HL Financial Services
Louisville,
Kentucky
| – | -$124K | -16,710 | Closed |
|
35
LPL Financial
San Diego,
California
| – | -$95K | -12,791 | Closed |
|
36
JP Morgan Chase
New York
| – | +$8 | +1 | +17% |
|
FUND Hedge Fund Activity: Q2 2017 in Review
33 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sprott Focus Trust (FUND) for Q2 2017, worth a combined $38.3M — up 6.9% from $35.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FUND and 2 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 16 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.33M. The largest seller was Rivernorth Capital Management, cutting an estimated $503K.
- 33 institutional investors held Sprott Focus Trust (FUND) as of Q2 2017, down from 35 in Q1 2017.
- Funds reported $38.3M of Sprott Focus Trust stock for Q2 2017, up 6.9% quarter-over-quarter.
- 2 funds opened new Sprott Focus Trust positions in Q2 2017 and 4 closed out, a net change of -2 holders.
- The largest Sprott Focus Trust buyer in Q2 2017 was 1607 Capital Partners, an estimated $1.33M added.
- The largest Sprott Focus Trust seller in Q2 2017 was Rivernorth Capital Management, an estimated $503K sold.
Based on aggregated 13F filings for Q2 2017.