Sprott Physical Gold
PHYS
410 hedge funds and large institutions have $2.05B invested in Sprott Physical Gold in 2024 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 103 increasing their positions, 118 reducing their positions, and 28 closing their positions.
54% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 28
5% more capital invested
Capital invested by funds: $1.95B → $2.05B (+$98.1M)
4% more funds holding in top 10
Funds holding in top 10: 28 → 29 (+1)
2% more funds holding
Funds holding: 401 → 410 (+9)
0.78% less ownership
Funds ownership: 30.57% → 29.78% (-0.78%)
13% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
Simplicity Wealth
Summit,
New Jersey
|
+$62.6M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$26.8M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$25.8M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$15.5M |
| 5 |
CS
Cannell & Spears
New York
|
+$9.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$94.2M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$41.9M |
| 3 |
SPA
Sentinel Pension Advisors
Wakefield,
Massachusetts
|
-$12.2M |
| 4 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
-$6.55M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
-$6.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IF
426
Intrua Financial
Houston,
Texas
| – | -$437K | -27,435 | Closed |
|
427
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$421K | -26,445 | Closed |
|
428
Citadel Advisors
Miami,
Florida
| – | -$399K | -25,064 | Closed |
|
|
FTC
429
Farmers Trust Company
Youngstown,
Ohio
| – | -$332K | -20,850 | Closed |
|
|
TNA
430
True North Advisors
Dallas,
Texas
| – | -$319K | -20,010 | Closed |
|
|
EC
431
Elequin Capital
New York
| – | -$220K | -13,803 | Closed |
|
|
OCM
432
Orleans Capital Management
Mandeville,
Louisiana
| – | -$190K | -11,900 | Closed |
|
|
IA
433
Inspire Advisors
Meridian,
Idaho
| – | -$189K | -11,848 | Closed |
|
|
AC
434
Addison Capital
Conshohocken,
Pennsylvania
| – | -$170K | -10,700 | Closed |
|
|
TWM
435
Tradition Wealth Management
Edina,
Minnesota
| – | -$155K | -9,729 | Closed |
|
|
HWA
436
HHM Wealth Advisors
Chattanooga,
Tennessee
| – | -$8.44K | -530 | Closed |
|
|
KFS
437
Kelly Financial Services
Braintree,
Massachusetts
| – | -$7.96K | -500 | Closed |
|
|
GAMC
438
Garner Asset Management Corp
Plano,
Texas
| – | -$1.57K | -100 | Closed |
|
PHYS Hedge Fund Activity: Q1 2024 in Review
410 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q1 2024, worth a combined $2.05B — up 5% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PHYS positions and 28 closed out — a net gain of 15 holders — while 103 added to existing stakes and 118 trimmed.
The largest buyer was Simplicity Wealth, opening a new position worth an estimated $62.6M. The largest seller was Morgan Stanley, cutting an estimated $94.2M.
- 410 institutional investors held Sprott Physical Gold (PHYS) as of Q1 2024, up from 401 in Q4 2023.
- Funds reported $2.05B of Sprott Physical Gold stock for Q1 2024, up 5% quarter-over-quarter.
- 43 funds opened new Sprott Physical Gold positions in Q1 2024 and 28 closed out, a net change of +15 holders.
- The largest Sprott Physical Gold buyer in Q1 2024 was Simplicity Wealth, an estimated $62.6M added.
- The largest Sprott Physical Gold seller in Q1 2024 was Morgan Stanley, an estimated $94.2M sold.
Based on aggregated 13F filings for Q1 2024.