Sprott Focus Trust
FUND
29 hedge funds and large institutions have $32.7M invested in Sprott Focus Trust in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 4 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
1.4% less ownership
Funds ownership: 15.02% → 13.62% (-1.4%)
6% less funds holding
Funds holding: 31 → 29 (-2)
8% less capital invested
Capital invested by funds: $35.5M → $32.7M (-$2.8M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$844K |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$675K |
| 3 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
+$130K |
| 4 |
9WM
9258 Wealth Management
Blue Ash,
Ohio
|
+$84.9K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$75.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.55M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$897K |
| 3 |
LPL Financial
San Diego,
California
|
-$578K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$253K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$235K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| $10.9K | +$176 | +21 | +2% |
|
|
EC
27
Elequin Capital
New York
| $8.05K | -$2.62K | -312 | -24% |
|
|
AAS
28
Ameritas Advisory Services
Lincoln,
Nebraska
| $6.41K | +$6.65K | +792 | New |
|
|
BCM
29
Bourgeon Capital Management
Darien,
Connecticut
| $2.83K | – | – | – |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| – | -$235K | -29,593 | Closed |
|
31
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$191K | -24,089 | Closed |
|
|
PAG
32
Private Advisor Group
Morristown,
New Jersey
| – | -$171K | -21,400 | Closed |
|
|
BAM
33
Belpointe Asset Management
Reno,
Nevada
| – | -$9.89K | -1,241 | Closed |
|
FUND Hedge Fund Activity: Q1 2023 in Review
29 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Sprott Focus Trust (FUND) for Q1 2023, worth a combined $32.7M — down 7.9% from $35.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FUND and 3 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 11 added.
The largest buyer was Morgan Stanley, adding an estimated $844K. The largest seller was 1607 Capital Partners, cutting an estimated $2.55M.
- 29 institutional investors held Sprott Focus Trust (FUND) as of Q1 2023, down from 31 in Q4 2022.
- Funds reported $32.7M of Sprott Focus Trust stock for Q1 2023, down 7.9% quarter-over-quarter.
- 3 funds opened new Sprott Focus Trust positions in Q1 2023 and 4 closed out, a net change of -1 holder.
- The largest Sprott Focus Trust buyer in Q1 2023 was Morgan Stanley, an estimated $844K added.
- The largest Sprott Focus Trust seller in Q1 2023 was 1607 Capital Partners, an estimated $2.55M sold.
Based on aggregated 13F filings for Q1 2023.