Sprott Focus Trust
FUND
34 hedge funds and large institutions have $45.3M invested in Sprott Focus Trust in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 7 closing their positions.
1.89% less ownership
Funds ownership: 25.92% → 24.03% (-1.9%)
6% less funds holding
Funds holding: 36 → 34 (-2)
8% less capital invested
Capital invested by funds: $49.3M → $45.3M (-$3.96M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.8M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$885K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$705K |
| 4 |
Morgan Stanley
New York
|
+$439K |
| 5 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.7M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.33M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.24M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$962K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$950K |
FUND Hedge Fund Activity: Q1 2018 in Review
34 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Sprott Focus Trust (FUND) for Q1 2018, worth a combined $45.3M — down 8% from $49.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FUND and 5 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 9 added.
The largest buyer was Wells Fargo, adding an estimated $3.8M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $3.7M sold.
- 34 institutional investors held Sprott Focus Trust (FUND) as of Q1 2018, down from 36 in Q4 2017.
- Funds reported $45.3M of Sprott Focus Trust stock for Q1 2018, down 8% quarter-over-quarter.
- 5 funds opened new Sprott Focus Trust positions in Q1 2018 and 7 closed out, a net change of -2 holders.
- The largest Sprott Focus Trust buyer in Q1 2018 was Wells Fargo, an estimated $3.8M added.
- The largest Sprott Focus Trust seller in Q1 2018 was Shaker Financial Services, an estimated $3.7M sold.
Based on aggregated 13F filings for Q1 2018.