Sprott Focus Trust
FUND
35 hedge funds and large institutions have $35.5M invested in Sprott Focus Trust in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
30% more capital invested
Capital invested by funds: $27.4M → $35.5M (+$8.09M)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
9% more funds holding
Funds holding: 32 → 35 (+3)
2.1% more ownership
Funds ownership: 19.65% → 21.76% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.07M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$978K |
| 3 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$723K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$706K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$444K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$663K |
| 2 |
Morgan Stanley
New York
|
-$238K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$182K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$165K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$63K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PVWM
26
Point View Wealth Management
Summit,
New Jersey
| $94K | +$1.87K | +331 | +2% |
|
|
LCM
27
Landscape Capital Management
Englewood,
New Jersey
| $75K | +$72K | +12,743 | New |
|
|
CL
28
CSS LLC
Chicago,
Illinois
| $61K | +$58.4K | +10,339 | New |
|
|
CAN
29
Cetera Advisor Networks
El Segundo,
California
| $11K | +$10.5K | +1,860 | New |
|
|
HNB
30
Huntington National Bank
Columbus,
Ohio
| $5K | – | – | – |
|
|
GAM
31
Gemmer Asset Management
Walnut Creek,
California
| $2K | – | – | – |
|
|
SI
32
Sprott Inc
Toronto,
Ontario, Canada
| $142 | +$576 | +102 | +0.4% |
|
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$63K | -12,584 | Closed |
|
34
Goldman Sachs
New York
| – | -$60K | -11,881 | Closed |
|
|
NFG
35
Next Financial Group
Houston,
Texas
| – | -$24K | -4,724 | Closed |
|
|
WT
36
Whittier Trust
South Pasadena,
California
| – | -$5K | -1,065 | Closed |
|
37
Fidelity Investments
Boston,
Massachusetts
| – | -$62 | -11 | -92% |
|
FUND Hedge Fund Activity: Q2 2020 in Review
35 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Sprott Focus Trust (FUND) for Q2 2020, worth a combined $35.5M — up 30% from $27.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FUND positions and 4 closed out — a net gain of 3 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $1.07M. The largest seller was First Allied Advisory Services, cutting an estimated $663K.
- 35 institutional investors held Sprott Focus Trust (FUND) as of Q2 2020, up from 32 in Q1 2020.
- Funds reported $35.5M of Sprott Focus Trust stock for Q2 2020, up 30% quarter-over-quarter.
- 7 funds opened new Sprott Focus Trust positions in Q2 2020 and 4 closed out, a net change of +3 holders.
- The largest Sprott Focus Trust buyer in Q2 2020 was Northwestern Mutual Wealth Management, an estimated $1.07M added.
- The largest Sprott Focus Trust seller in Q2 2020 was First Allied Advisory Services, an estimated $663K sold.
Based on aggregated 13F filings for Q2 2020.