Sprott Physical Gold
PHYS
382 hedge funds and large institutions have $2.24B invested in Sprott Physical Gold in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 122 increasing their positions, 84 reducing their positions, and 32 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 84
4% less capital invested
Capital invested by funds: $2.34B → $2.24B (-$100M)
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
1% less funds holding
Funds holding: 387 → 382 (-5)
1.46% less ownership
Funds ownership: 29.21% → 27.75% (-1.5%)
16% less funds holding in top 10
Funds holding in top 10: 31 → 26 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.7M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$6.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.39M |
| 4 |
TAM
TCP Asset Management
Columbus,
Ohio
|
+$5.34M |
| 5 |
Jane Street
New York
|
+$5.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Monaco Asset Management
Monaco
|
-$18.5M |
| 2 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$18.4M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$13.7M |
| 4 |
EWA
EP Wealth Advisors
Torrance,
California
|
-$12M |
| 5 |
RDWM
Red Door Wealth Management
Memphis,
Tennessee
|
-$9.78M |
PHYS Hedge Fund Activity: Q2 2023 in Review
382 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q2 2023, worth a combined $2.24B — down 4.3% from $2.34B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of PHYS and 29 opened new positions — a net loss of 3 holders — while 84 trimmed existing stakes and 122 added.
The largest buyer was Morgan Stanley, adding an estimated $9.7M. The largest seller was Monaco Asset Management, exiting entirely with an estimated $18.5M sold.
- 382 institutional investors held Sprott Physical Gold (PHYS) as of Q2 2023, down from 387 in Q1 2023.
- Funds reported $2.24B of Sprott Physical Gold stock for Q2 2023, down 4.3% quarter-over-quarter.
- 29 funds opened new Sprott Physical Gold positions in Q2 2023 and 32 closed out, a net change of -3 holders.
- The largest Sprott Physical Gold buyer in Q2 2023 was Morgan Stanley, an estimated $9.7M added.
- The largest Sprott Physical Gold seller in Q2 2023 was Monaco Asset Management, an estimated $18.5M sold.
Based on aggregated 13F filings for Q2 2023.