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Sprott Physical Gold

131 hedge funds and large institutions have $467M invested in Sprott Physical Gold in 2013 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 37 increasing their positions, 39 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

160% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 10

15% more funds holding in top 10

Funds holding in top 10: 1315 (+2)

13% more funds holding

Funds holding: 116131 (+15)

5% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 39

2.54% less ownership

Funds ownership: 24.5%21.96% (-2.5%)

5% less capital invested

Capital invested by funds: $492M → $467M (-$25.3M)

Holders
131
Holders Change
+15
Holders Change %
+12.93%
% of All Funds
4.25%
Holding in Top 10
15
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+15.38%
% of All Funds
0.49%
New
26
Increased
37
Reduced
39
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BA
26
Bennicas & Associates
California
$3.25M -$99.7K -9,000 -3%
LTFS
27
Ladenburg Thalmann Financial Services
Florida
$3.16M +$67.7K +6,108 +2%
B
28
Bailard
California
$2.99M +$2.79M +251,980 +1,326%
WA
29
WFG Advisors
Texas
$2.81M +$153K +13,814 +6%
Wellington Management Group
30
Wellington Management Group
Massachusetts
$2.62M
Wells Fargo
31
Wells Fargo
California
$2.59M -$92.3K -8,327 -3%
BNP Paribas Financial Markets
32
BNP Paribas Financial Markets
France
$2.3M -$9.97K -900 -0.4%
AA
33
Ancora Advisors
Ohio
$2.24M +$414K +37,339 +23%
QCMNJ
34
Quantum Capital Management (New Jersey)
New Jersey
$2.13M -$556K -50,146 -21%
Bank of America
35
Bank of America
North Carolina
$1.99M +$253K +22,800 +14%
American Century Companies
36
American Century Companies
Missouri
$1.89M -$184K -16,625 -9%
Bank of New York Mellon
37
Bank of New York Mellon
New York
$1.68M -$1.42M -128,361 -46%
PWP
38
Private Wealth Partners
California
$1.67M -$59.8K -5,400 -3%
SB
39
Suntrust Banks
Georgia
$1.57M +$683K +61,644 +77%
CL
40
Croft-Leominster
Maryland
$1.49M
Janus Henderson Group
41
Janus Henderson Group
United Kingdom
$1.45M +$223K +20,158 +18%
AAM
42
Azzad Asset Management
Virginia
$1.41M
HI
43
Hudock Inc
Pennsylvania
$1.4M -$55 -5 -0%
BTS
44
BB&T Securities
Virginia
$1.38M -$4.43K -400 -3%
CAN
45
Cetera Advisor Networks
California
$1.37M +$1.38M +124,750 New
VKH
46
Virtu KCG Holdings
New York
$1.36M +$1.37M +123,873 New
PI
47
Placemark Investments
Illinois
$1.24M +$122K +11,046 +11%
BFEC
48
Benjamin F. Edwards & Company
Missouri
$1.22M +$19.2K +1,730 +2%
BAAM
49
Baker Avenue Asset Management
California
$1.2M -$2.26M -203,980 -65%
AM
50
Account Management
Massachusetts
$1.13M +$33.2K +3,000 +3%

PHYS Hedge Fund Activity: Q3 2013 in Review

131 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q3 2013, worth a combined $467M — down 5.1% from $492M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new PHYS positions and 10 closed out — a net gain of 16 holders — while 37 added to existing stakes and 39 trimmed.

The largest buyer was Polar Asset Management Partners, adding an estimated $32M. The largest seller was Weiss Asset Management, cutting an estimated $42.4M.

  • 131 institutional investors held Sprott Physical Gold (PHYS) as of Q3 2013, up from 116 in Q2 2013.
  • Funds reported $467M of Sprott Physical Gold stock for Q3 2013, down 5.1% quarter-over-quarter.
  • 26 funds opened new Sprott Physical Gold positions in Q3 2013 and 10 closed out, a net change of +16 holders.
  • The largest Sprott Physical Gold buyer in Q3 2013 was Polar Asset Management Partners, an estimated $32M added.
  • The largest Sprott Physical Gold seller in Q3 2013 was Weiss Asset Management, an estimated $42.4M sold.

Based on aggregated 13F filings for Q3 2013.