Sprott Physical Gold
PHYS
387 hedge funds and large institutions have $2.34B invested in Sprott Physical Gold in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 114 increasing their positions, 98 reducing their positions, and 27 closing their positions.
47% more capital invested
Capital invested by funds: $1.6B → $2.34B (+$745M)
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
16% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 98
3% more funds holding in top 10
Funds holding in top 10: 30 → 31 (+1)
0.87% more ownership
Funds ownership: 28.35% → 29.21% (+0.87%)
1% more funds holding
Funds holding: 384 → 387 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$57.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$24.3M |
| 3 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$14.1M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$12.4M |
| 5 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
-$24.9M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$16.6M |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$12.6M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$12.2M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$7.46M |
PHYS Hedge Fund Activity: Q1 2023 in Review
387 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q1 2023, worth a combined $2.34B — up 47% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PHYS positions and 27 closed out — a net gain of 9 holders — while 114 added to existing stakes and 98 trimmed.
The largest buyer was Simplicity Solutions, adding an estimated $57.6M. The largest seller was Bluefin Capital Management, exiting entirely with an estimated $24.9M sold.
- 387 institutional investors held Sprott Physical Gold (PHYS) as of Q1 2023, up from 384 in Q4 2022.
- Funds reported $2.34B of Sprott Physical Gold stock for Q1 2023, up 47% quarter-over-quarter.
- 36 funds opened new Sprott Physical Gold positions in Q1 2023 and 27 closed out, a net change of +9 holders.
- The largest Sprott Physical Gold buyer in Q1 2023 was Simplicity Solutions, an estimated $57.6M added.
- The largest Sprott Physical Gold seller in Q1 2023 was Bluefin Capital Management, an estimated $24.9M sold.
Based on aggregated 13F filings for Q1 2023.