Sprott Physical Gold
PHYS
160 hedge funds and large institutions have $456M invested in Sprott Physical Gold in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 42 reducing their positions, and 19 closing their positions.
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
2% less capital invested
Capital invested by funds: $466M → $456M (-$10.9M)
1.62% less ownership
Funds ownership: 20.79% → 19.17% (-1.6%)
4% less funds holding
Funds holding: 167 → 160 (-7)
17% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 42
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
Top Sellers
| 1 |
BCM
Bluefin Capital Management
New York
|
-$26.8M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.92M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.65M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$1.57M |
| 5 |
VF
Virtu Financial
New York
|
-$1.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PL
176
Plancorp LLC
Saint Louis,
Missouri
| – | -$230K | -21,793 | Closed |
|
177
Creative Planning
Overland Park,
Kansas
| – | -$181K | -17,048 | Closed |
|
|
TAM
178
Tocqueville Asset Management
New York
| – | -$140K | -13,264 | Closed |
|
|
AIP
179
Almanack Investment Partners
Wayne,
Pennsylvania
| – | -$107K | -10,080 | Closed |
|
180
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$106K | -10,000 | Closed |
|
|
FAIM
181
Financial Advocates Investment Management
Olympia,
Washington
| – | -$11K | -1,000 | Closed |
|
|
CA
182
Calton & Associates
Tampa,
Florida
| – | -$5K | -500 | Closed |
|
|
KLWA
183
Kelly Lawrence W & Associates
Pasadens,
California
| – | -$1K | -50 | Closed |
|
PHYS Hedge Fund Activity: Q1 2018 in Review
160 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q1 2018, worth a combined $456M — down 2.3% from $466M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PHYS and 13 opened new positions — a net loss of 6 holders — while 42 trimmed existing stakes and 35 added.
The largest buyer was Morgan Stanley, adding an estimated $10.3M. The largest seller was Bluefin Capital Management, exiting entirely with an estimated $26.8M sold.
- 160 institutional investors held Sprott Physical Gold (PHYS) as of Q1 2018, down from 167 in Q4 2017.
- Funds reported $456M of Sprott Physical Gold stock for Q1 2018, down 2.3% quarter-over-quarter.
- 13 funds opened new Sprott Physical Gold positions in Q1 2018 and 19 closed out, a net change of -6 holders.
- The largest Sprott Physical Gold buyer in Q1 2018 was Morgan Stanley, an estimated $10.3M added.
- The largest Sprott Physical Gold seller in Q1 2018 was Bluefin Capital Management, an estimated $26.8M sold.
Based on aggregated 13F filings for Q1 2018.