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Sprott Physical Gold

126 hedge funds and large institutions have $358M invested in Sprott Physical Gold in 2013 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 24 increasing their positions, 58 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.19% less ownership

Funds ownership: 21.96%18.76% (-3.2%)

4% less funds holding

Funds holding: 131126 (-5)

17% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 24

23% less capital invested

Capital invested by funds: $467M → $358M (-$109M)

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

59% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 58

Holders
126
Holders Change
-5
Holders Change %
-3.82%
% of All Funds
3.66%
Holding in Top 10
11
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-26.67%
% of All Funds
0.32%
New
20
Increased
24
Reduced
58
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DCM
26
Dialectic Capital Management
Connecticut
$2.16M +$1.49M +141,082 +186%
CAN
27
Cetera Advisor Networks
California
$2.13M +$940K +89,236 +72%
Wells Fargo
28
Wells Fargo
California
$1.71M -$669K -63,450 -27%
American Century Companies
29
American Century Companies
Missouri
$1.66M -$55.2K -5,240 -3%
QCMNJ
30
Quantum Capital Management (New Jersey)
New Jersey
$1.45M -$500K -47,436 -25%
JP Morgan Chase
31
JP Morgan Chase
New York
$1.38M +$1.2M +114,147 +465%
CL
32
Croft-Leominster
Maryland
$1.34M
Bank of America
33
Bank of America
North Carolina
$1.29M -$535K -50,716 -28%
Bank of New York Mellon
34
Bank of New York Mellon
New York
$1.28M -$243K -23,094 -15%
F
35
Filament
Washington
$1.26M +$718K +68,108 +116%
HI
36
Hudock Inc
Pennsylvania
$1.25M -$18.2K -1,730 -1%
BTS
37
BB&T Securities
Virginia
$1.25M
AAM
38
Azzad Asset Management
Virginia
$1.22M -$60.5K -5,741 -4%
BFEC
39
Benjamin F. Edwards & Company
Missouri
$1.1M -$896 -85 -0.1%
BAAM
40
Baker Avenue Asset Management
California
$1.06M -$18.1K -1,720 -2%
FIM
41
Frontier Investment Management
Texas
$1.05M -$19.4M -1,838,766 -95%
Janus Henderson Group
42
Janus Henderson Group
United Kingdom
$1M -$320K -30,388 -23%
B
43
Baird
Wisconsin
$889K -$27.4K -2,600 -3%
PWP
44
Private Wealth Partners
California
$845K -$702K -66,650 -44%
Cohen & Steers
45
Cohen & Steers
New York
$800K -$181K -17,200 -18%
Neuberger Berman Group
46
Neuberger Berman Group
New York
$761K -$117K -11,100 -13%
CNB
47
City National Bank
California
$756K +$503K +47,768 +170%
BCA
48
Benchmark Capital Advisors
New York
$735K -$285K -27,000 -27%
AM
49
Account Management
Massachusetts
$725K -$316K -30,000 -29%
OC
50
Oppenheimer & Co
New York
$720K -$92.2K -8,750 -11%

PHYS Hedge Fund Activity: Q4 2013 in Review

126 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q4 2013, worth a combined $358M — down 23% from $467M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of PHYS and 20 opened new positions — a net loss of 4 holders — while 58 trimmed existing stakes and 24 added.

The largest buyer was Weiss Asset Management, adding an estimated $58.3M. The largest seller was St. James Investment Company, exiting entirely with an estimated $75.1M sold.

  • 126 institutional investors held Sprott Physical Gold (PHYS) as of Q4 2013, down from 131 in Q3 2013.
  • Funds reported $358M of Sprott Physical Gold stock for Q4 2013, down 23% quarter-over-quarter.
  • 20 funds opened new Sprott Physical Gold positions in Q4 2013 and 24 closed out, a net change of -4 holders.
  • The largest Sprott Physical Gold buyer in Q4 2013 was Weiss Asset Management, an estimated $58.3M added.
  • The largest Sprott Physical Gold seller in Q4 2013 was St. James Investment Company, an estimated $75.1M sold.

Based on aggregated 13F filings for Q4 2013.