Sprott Physical Gold
PHYS
260 hedge funds and large institutions have $986M invested in Sprott Physical Gold in 2020 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 94 increasing their positions, 29 reducing their positions, and 20 closing their positions.
224% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 29
185% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 20
46% more capital invested
Capital invested by funds: $678M → $986M (+$308M)
19% more funds holding in top 10
Funds holding in top 10: 16 → 19 (+3)
17% more funds holding
Funds holding: 223 → 260 (+37)
8.19% more ownership
Funds ownership: 26.2% → 34.39% (+8.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$42.9M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$28.5M |
| 3 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$27.9M |
| 4 |
Morgan Stanley
New York
|
+$12.9M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$21M |
| 2 |
F
Filament
Seattle,
Washington
|
-$11.3M |
| 3 |
TNA
True North Advisors
Dallas,
Texas
|
-$6.5M |
| 4 |
EFS
Essex Financial Services
Essex,
Connecticut
|
-$3.95M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
276
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$2K | -186 | Closed |
|
|
SAM
277
S.A. Mason
Holland,
Michigan
| – | -$2K | -180 | Closed |
|
278
JP Morgan Chase
New York
| – | -$1K | -75 | Closed |
|
PHYS Hedge Fund Activity: Q2 2020 in Review
260 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q2 2020, worth a combined $986M — up 46% from $678M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PHYS positions and 20 closed out — a net gain of 37 holders — while 94 added to existing stakes and 29 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $42.9M. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $21M sold.
- 260 institutional investors held Sprott Physical Gold (PHYS) as of Q2 2020, up from 223 in Q1 2020.
- Funds reported $986M of Sprott Physical Gold stock for Q2 2020, up 46% quarter-over-quarter.
- 57 funds opened new Sprott Physical Gold positions in Q2 2020 and 20 closed out, a net change of +37 holders.
- The largest Sprott Physical Gold buyer in Q2 2020 was Private Advisor Group, an estimated $42.9M added.
- The largest Sprott Physical Gold seller in Q2 2020 was Boothbay Fund Management, an estimated $21M sold.
Based on aggregated 13F filings for Q2 2020.