Sprott Focus Trust
FUND
31 hedge funds and large institutions have $30.5M invested in Sprott Focus Trust in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
15% more funds holding
Funds holding: 27 → 31 (+4)
1.93% less ownership
Funds ownership: 21.52% → 19.59% (-1.9%)
19% less capital invested
Capital invested by funds: $37.8M → $30.5M (-$7.28M)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$328K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
+$176K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$117K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.69M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.27M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$659K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$267K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$228K |
FUND Hedge Fund Activity: Q2 2019 in Review
31 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Sprott Focus Trust (FUND) for Q2 2019, worth a combined $30.5M — down 19% from $37.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FUND positions and 2 closed out — a net gain of 4 holders — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $2M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.69M.
- 31 institutional investors held Sprott Focus Trust (FUND) as of Q2 2019, up from 27 in Q1 2019.
- Funds reported $30.5M of Sprott Focus Trust stock for Q2 2019, down 19% quarter-over-quarter.
- 6 funds opened new Sprott Focus Trust positions in Q2 2019 and 2 closed out, a net change of +4 holders.
- The largest Sprott Focus Trust buyer in Q2 2019 was Shaker Financial Services, an estimated $2M added.
- The largest Sprott Focus Trust seller in Q2 2019 was Rivernorth Capital Management, an estimated $3.69M sold.
Based on aggregated 13F filings for Q2 2019.