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Sprott Physical Gold

223 hedge funds and large institutions have $678M invested in Sprott Physical Gold in 2020 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 65 increasing their positions, 37 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

147% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 17

78% more funds holding in top 10

Funds holding in top 10: 916 (+7)

76% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 37

41% more capital invested

Capital invested by funds: $482M → $678M (+$196M)

10% more funds holding

Funds holding: 202223 (+21)

6.24% more ownership

Funds ownership: 19.96%26.2% (+6.2%)

Holders
223
Holders Change
+21
Holders Change %
+10.4%
% of All Funds
4.91%
Holding in Top 10
16
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+77.78%
% of All Funds
0.35%
New
42
Increased
65
Reduced
37
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
26
Raymond James & Associates
Florida
$5.43M +$1.45M +114,022 +38%
IFG
27
Independent Financial Group
California
$5.21M +$5.05M +397,131 New
LCP
28
Legacy Capital Partners
Wisconsin
$5.2M +$53.4K +4,199 +1%
LPL Financial
29
LPL Financial
California
$4.87M +$164K +12,876 +4%
B
30
Bailard
California
$4.16M +$43.4K +3,410 +1%
MIM
31
Macroview Investment Management
Maryland
$4.09M -$98.5K -7,741 -2%
Osaic Holdings
32
Osaic Holdings
Arizona
$3.89M +$4.52M +355,034 New
KP
33
Keel Point
Alabama
$3.63M +$17.9K +1,406 +0.5%
GIM
34
Guild Investment Management
California
$3.14M +$2.73M +214,200 +857%
Bank of America
35
Bank of America
North Carolina
$3.1M +$1.7M +133,751 +130%
Cambridge Investment Research Advisors
36
Cambridge Investment Research Advisors
Iowa
$2.96M -$14.4K -1,132 -0.5%
DTIM
37
Danda Trouve Investment Management
Kansas
$2.82M +$673K +52,900 +33%
BA
38
Bennicas & Associates
California
$2.6M -$127K -10,000 -5%
Baird Financial Group
39
Baird Financial Group
Wisconsin
$2.5M -$873K -68,580 -26%
SJIC
40
St. James Investment Company
Texas
$2.45M -$60.6K -4,760 -2%
CC
41
Chicago Capital
Illinois
$2.41M
Stifel Financial
42
Stifel Financial
Missouri
$2.32M +$123K +9,698 +6%
ADBIC
43
A.D. Beadell Investment Counsel
Wisconsin
$2.31M
NC
44
NovaPoint Capital
Georgia
$1.97M -$162K -12,705 -8%
FIM
45
Freedom Investment Management
Connecticut
$1.67M +$665K +52,294 +66%
Bank of Montreal
46
Bank of Montreal
Ontario, Canada
$1.65M +$272K +21,360 +20%
AA
47
Ancora Advisors
Ohio
$1.56M +$191K +15,000 +14%
BCM
48
Barometer Capital Management
Ontario, Canada
$1.52M +$1.47M +115,800 New
APG
49
Abacus Planning Group
South Carolina
$1.5M -$119K -9,315 -8%
EFS
50
Essex Financial Services
Connecticut
$1.45M +$2.21M +174,080 +154%

PHYS Hedge Fund Activity: Q1 2020 in Review

223 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q1 2020, worth a combined $678M — up 41% from $482M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new PHYS positions and 17 closed out — a net gain of 25 holders — while 65 added to existing stakes and 37 trimmed.

The largest buyer was Private Advisor Group, adding an estimated $45.1M. The largest seller was OTA Financial Group, exiting entirely with an estimated $3.57M sold.

  • 223 institutional investors held Sprott Physical Gold (PHYS) as of Q1 2020, up from 202 in Q4 2019.
  • Funds reported $678M of Sprott Physical Gold stock for Q1 2020, up 41% quarter-over-quarter.
  • 42 funds opened new Sprott Physical Gold positions in Q1 2020 and 17 closed out, a net change of +25 holders.
  • The largest Sprott Physical Gold buyer in Q1 2020 was Private Advisor Group, an estimated $45.1M added.
  • The largest Sprott Physical Gold seller in Q1 2020 was OTA Financial Group, an estimated $3.57M sold.

Based on aggregated 13F filings for Q1 2020.