Sprott Focus Trust
FUND
36 hedge funds and large institutions have $33.9M invested in Sprott Focus Trust in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 7 closing their positions.
2.68% less ownership
Funds ownership: 25.19% → 22.51% (-2.7%)
3% less funds holding
Funds holding: 37 → 36 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
24% less capital invested
Capital invested by funds: $44.6M → $33.9M (-$10.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.43M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$762K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$744K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$736K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$533K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.23M |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$659K |
| 3 |
Morgan Stanley
New York
|
-$616K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$519K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$499K |
FUND Hedge Fund Activity: Q4 2018 in Review
36 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Sprott Focus Trust (FUND) for Q4 2018, worth a combined $33.9M — down 24% from $44.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FUND and 6 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 11 added.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $1.43M. The largest seller was Shaker Financial Services, cutting an estimated $3.23M.
- 36 institutional investors held Sprott Focus Trust (FUND) as of Q4 2018, down from 37 in Q3 2018.
- Funds reported $33.9M of Sprott Focus Trust stock for Q4 2018, down 24% quarter-over-quarter.
- 6 funds opened new Sprott Focus Trust positions in Q4 2018 and 7 closed out, a net change of -1 holder.
- The largest Sprott Focus Trust buyer in Q4 2018 was Northwestern Mutual Wealth Management, an estimated $1.43M added.
- The largest Sprott Focus Trust seller in Q4 2018 was Shaker Financial Services, an estimated $3.23M sold.
Based on aggregated 13F filings for Q4 2018.