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FUND

Sprott Focus Trust

32 hedge funds and large institutions have $21.6M invested in Sprott Focus Trust in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 11

12% more capital invested

Capital invested by funds: $19.3M → $21.6M (+$2.33M)

9% less funds holding

Funds holding: 3532 (-3)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

Holders
32
Holders Change
-3
Holders Change %
-8.57%
% of All Funds
0.93%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
14
Reduced
11
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.22M +$1.62M +219,411 +46%
RCM
2
Rivernorth Capital Management
Florida
$4.68M +$3.37K +457 +0.1%
Wells Fargo
3
Wells Fargo
California
$2.17M -$15.8K -2,144 -0.7%
EFS
4
Essex Financial Services
Connecticut
$1.28M +$231K +31,311 +23%
SG Americas Securities
5
SG Americas Securities
New York
$1.04M -$49.4K -6,695 -5%
Bank of America
6
Bank of America
North Carolina
$1.04M -$80.8K -10,943 -7%
VFS
7
VSR Financial Services
Kansas
$1.02M -$15K -2,029 -1%
1CP
8
1607 Capital Partners
Virginia
$738K +$429K +58,130 +145%
SFS
9
Shaker Financial Services
Virginia
$630K -$450K -60,990 -42%
FAAS
10
First Allied Advisory Services
California
$491K +$6.13K +830 +1%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$473K +$60.7K +8,223 +15%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$335K +$10.7K +1,443 +3%
TJHA
13
Thomas J. Herzfeld Advisors
Florida
$316K -$4.33K -587 -1%
RIL
14
Rothschild Investment LLC
Illinois
$301K -$37.8K -5,128 -11%
DA
15
Doliver Advisors
Texas
$209K -$238K -32,192 -54%
HFS
16
HL Financial Services
Kentucky
$202K +$2.02K +273 +1%
CWM
17
Concert Wealth Management
California
$202K +$2.81K +380 +1%
PVWM
18
Point View Wealth Management
New Jersey
$200K +$196K +26,586 New
MAA
19
Mraz Amerine & Associates
California
$159K
Brown Advisory
20
Brown Advisory
Maryland
$150K
U
21
UBS
Switzerland
$146K +$25.8K +3,500 +22%
TC
22
TFS Capital
Pennsylvania
$129K -$131K -17,728 -51%
LPL Financial
23
LPL Financial
California
$113K -$44.6K -6,046 -29%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$99K +$1.1K +149 +1%
APCM
25
Arbiter Partners Capital Management
New York
$90K +$88.8K +12,031 New

FUND Hedge Fund Activity: Q4 2013 in Review

32 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Sprott Focus Trust (FUND) for Q4 2013, worth a combined $21.6M — up 12% from $19.3M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of FUND and 4 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 14 added.

The largest buyer was Morgan Stanley, adding an estimated $1.62M. The largest seller was Shaker Financial Services, cutting an estimated $450K.

  • 32 institutional investors held Sprott Focus Trust (FUND) as of Q4 2013, down from 35 in Q3 2013.
  • Funds reported $21.6M of Sprott Focus Trust stock for Q4 2013, up 12% quarter-over-quarter.
  • 4 funds opened new Sprott Focus Trust positions in Q4 2013 and 5 closed out, a net change of -1 holder.
  • The largest Sprott Focus Trust buyer in Q4 2013 was Morgan Stanley, an estimated $1.62M added.
  • The largest Sprott Focus Trust seller in Q4 2013 was Shaker Financial Services, an estimated $450K sold.

Based on aggregated 13F filings for Q4 2013.