Sprott Focus Trust
FUND
31 hedge funds and large institutions have $30.8M invested in Sprott Focus Trust in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
7% more funds holding
Funds holding: 29 → 31 (+2)
0.06% more ownership
Funds ownership: 13.74% → 13.8% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $32.4M → $30.8M (-$1.57M)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.02M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$108K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$92.7K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$92.5K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$75.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$577K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$280K |
| 3 |
SCA
Snowden Capital Advisors
New York
|
-$168K |
| 4 |
Morgan Stanley
New York
|
-$136K |
| 5 |
LPL Financial
San Diego,
California
|
-$73K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $39.5K | +$41.9K | +5,241 | New |
|
|
SPIA
27
Steward Partners Investment Advisory
New York
| $14.8K | -$24K | -3,000 | -60% |
|
|
PA
28
Parallel Advisors
San Francisco,
California
| $13.2K | +$14K | +1,750 | New |
|
|
EC
29
Elequin Capital
New York
| $5.45K | -$13.2K | -1,656 | -70% |
|
|
BCM
30
Bourgeon Capital Management
Darien,
Connecticut
| $2.64K | – | – | – |
|
31
JP Morgan Chase
New York
| $15 | +$16 | +2 | New |
|
|
SCA
32
Snowden Capital Advisors
New York
| – | -$168K | -21,117 | Closed |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| – | -$819 | -103 | Closed |
|
FUND Hedge Fund Activity: Q3 2023 in Review
31 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Sprott Focus Trust (FUND) for Q3 2023, worth a combined $30.8M — down 4.8% from $32.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FUND positions and 2 closed out — a net gain of 2 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.02M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $577K.
- 31 institutional investors held Sprott Focus Trust (FUND) as of Q3 2023, up from 29 in Q2 2023.
- Funds reported $30.8M of Sprott Focus Trust stock for Q3 2023, down 4.8% quarter-over-quarter.
- 4 funds opened new Sprott Focus Trust positions in Q3 2023 and 2 closed out, a net change of +2 holders.
- The largest Sprott Focus Trust buyer in Q3 2023 was Shaker Financial Services, an estimated $1.02M added.
- The largest Sprott Focus Trust seller in Q3 2023 was Northwestern Mutual Wealth Management, an estimated $577K sold.
Based on aggregated 13F filings for Q3 2023.