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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
FCT
76
Family Capital Trust
Massachusetts
$386K
CWM
77
Concert Wealth Management
California
$360K
PSI
78
Pinnacle Summer Investments
Virginia
$349K
Macquarie Group
79
Macquarie Group
Australia
$347K -$13.3K -1,200 -4%
PNC Financial Services Group
80
PNC Financial Services Group
Pennsylvania
$313K
CNB
81
City National Bank
California
$311K +$33.2K +3,000 +12%
SAM
82
Silvercrest Asset Management
New York
$306K +$22.2K +2,000 +8%
WSFS
83
Wilmington Savings Fund Society
Delaware
$294K
LPT
84
Legacy Private Trust
Wisconsin
$286K +$288K +25,980 New
William Blair & Company
85
William Blair & Company
Illinois
$280K
ICOA
86
Investment Centers of America
North Dakota
$277K +$277K +24,967 New
JP Morgan Chase
87
JP Morgan Chase
New York
$270K +$54K +4,877 +25%
WSTAM
88
Wilbanks Smith & Thomas Asset Management
Virginia
$270K +$93.6K +8,450 +53%
VAM
89
Visionary Asset Management
Texas
$244K +$8.7K +785 +4%
OAM
90
Orinda Asset Management
California
$228K +$229K +20,711 New
Northern Trust
91
Northern Trust
Illinois
$211K +$212K +19,156 New
MFS
92
MSI Financial Services
Massachusetts
$210K -$3.4K -307 -2%
KAM
93
Keeley Asset Management
Illinois
$200K +$1.11K +100 +0.6%
CWA
94
Convergent Wealth Advisors
Maryland
$178K +$178K +16,100 New
NIM
95
Northeast Investment Management
Massachusetts
$171K -$7.59K -685 -4%
LCM
96
LVM Capital Management
Michigan
$165K
JWA
97
JFS Wealth Advisors
Pennsylvania
$157K +$157K +14,205 New
OCAM
98
Onex Canada Asset Management
Ontario, Canada
$154K
HH
99
Hilltop Holdings
Texas
$152K
VFAM
100
Valley Forge Asset Management
Pennsylvania
$149K

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.