Sprott Focus Trust
FUND
32 hedge funds and large institutions have $35.3M invested in Sprott Focus Trust in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
15% more capital invested
Capital invested by funds: $30.8M → $35.3M (+$4.55M)
3% more funds holding
Funds holding: 31 → 32 (+1)
1.11% more ownership
Funds ownership: 13.8% → 14.91% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.14M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.18M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$398K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$304K |
| 5 |
EC
Elequin Capital
New York
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$208K |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$119K |
| 4 |
9WM
9258 Wealth Management
Blue Ash,
Ohio
|
-$78.5K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$52.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAA
26
Mraz Amerine & Associates
Modesto,
California
| $127K | -$7.49K | -1,002 | -6% |
|
|
ME
27
McIlrath & Eck
Arlington,
Washington
| $87.2K | +$1.29K | +172 | +2% |
|
|
PGFC
28
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
| $82K | -$38.4K | -5,137 | -33% |
|
|
BBPWM
29
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $28.1K | +$26.2K | +3,507 | New |
|
|
SPIA
30
Steward Partners Investment Advisory
New York
| $15.9K | +$164 | +22 | +1% |
|
31
US Bancorp
Minneapolis,
Minnesota
| $8K | +$7.48K | +1,000 | New |
|
|
BCM
32
Bourgeon Capital Management
Darien,
Connecticut
| $2.8K | – | – | – |
|
|
9WM
33
9258 Wealth Management
Blue Ash,
Ohio
| – | -$78.5K | -10,427 | Closed |
|
|
PA
34
Parallel Advisors
San Francisco,
California
| – | -$13.2K | -1,750 | Closed |
|
35
JP Morgan Chase
New York
| – | -$15 | -2 | Closed |
|
FUND Hedge Fund Activity: Q4 2023 in Review
32 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sprott Focus Trust (FUND) for Q4 2023, worth a combined $35.3M — up 15% from $30.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FUND positions and 3 closed out — a net gain of 1 holder — while 15 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.14M. The largest seller was LPL Financial, cutting an estimated $2.3M.
- 32 institutional investors held Sprott Focus Trust (FUND) as of Q4 2023, up from 31 in Q3 2023.
- Funds reported $35.3M of Sprott Focus Trust stock for Q4 2023, up 15% quarter-over-quarter.
- 4 funds opened new Sprott Focus Trust positions in Q4 2023 and 3 closed out, a net change of +1 holder.
- The largest Sprott Focus Trust buyer in Q4 2023 was Morgan Stanley, an estimated $2.14M added.
- The largest Sprott Focus Trust seller in Q4 2023 was LPL Financial, an estimated $2.3M sold.
Based on aggregated 13F filings for Q4 2023.