Sprott Focus Trust
FUND
32 hedge funds and large institutions have $27.4M invested in Sprott Focus Trust in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 4 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
7% more funds holding
Funds holding: 30 → 32 (+2)
1.12% less ownership
Funds ownership: 20.78% → 19.65% (-1.1%)
35% less capital invested
Capital invested by funds: $42.2M → $27.4M (-$14.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$651K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$316K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$283K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$125K |
| 5 |
LPL Financial
San Diego,
California
|
+$94.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.57M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.2M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$556K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$314K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$268K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
26
Huntington National Bank
Columbus,
Ohio
| $5K | – | – | – |
|
|
WT
27
Whittier Trust
South Pasadena,
California
| $5K | – | – | – |
|
|
GAM
28
Gemmer Asset Management
Walnut Creek,
California
| $2K | – | – | – |
|
|
SI
29
Sprott Inc
Toronto,
Ontario, Canada
| $121 | -$55.6K | -8,414 | -26% |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.57M | -213,726 | Closed |
|
|
CA
31
Cornerstone Advisors
Asheville,
North Carolina
| – | -$556K | -75,589 | Closed |
|
|
LCM
32
Landscape Capital Management
Englewood,
New Jersey
| – | -$268K | -36,360 | Closed |
|
33
Geode Capital Management
Boston,
Massachusetts
| – | -$185K | -25,204 | Closed |
|
34
JP Morgan Chase
New York
| – | +$20 | +3 | New |
|
35
Fidelity Investments
Boston,
Massachusetts
| – | +$79 | +12 | New |
|
FUND Hedge Fund Activity: Q1 2020 in Review
32 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Sprott Focus Trust (FUND) for Q1 2020, worth a combined $27.4M — down 35% from $42.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FUND positions and 4 closed out — a net gain of 3 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $651K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.57M sold.
- 32 institutional investors held Sprott Focus Trust (FUND) as of Q1 2020, up from 30 in Q4 2019.
- Funds reported $27.4M of Sprott Focus Trust stock for Q1 2020, down 35% quarter-over-quarter.
- 7 funds opened new Sprott Focus Trust positions in Q1 2020 and 4 closed out, a net change of +3 holders.
- The largest Sprott Focus Trust buyer in Q1 2020 was Northwestern Mutual Wealth Management, an estimated $651K added.
- The largest Sprott Focus Trust seller in Q1 2020 was Wolverine Asset Management, an estimated $1.57M sold.
Based on aggregated 13F filings for Q1 2020.