Sprott Physical Gold
PHYS
127 hedge funds and large institutions have $287M invested in Sprott Physical Gold in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 12 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 33
7% more capital invested
Capital invested by funds: $268M → $287M (+$18.6M)
0.46% more ownership
Funds ownership: 12.87% → 13.34% (+0.46%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
2% less funds holding
Funds holding: 130 → 127 (-3)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$8.54M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$6.77M |
| 3 |
VF
Virtu Financial
New York
|
+$5.78M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.17M |
| 5 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$891K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.89M |
| 2 |
Barclays
London,
United Kingdom
|
-$3.05M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$2.52M |
| 4 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$1.94M |
| 5 |
Morgan Stanley
New York
|
-$1.46M |
PHYS Hedge Fund Activity: Q2 2014 in Review
127 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q2 2014, worth a combined $287M — up 6.9% from $268M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PHYS and 10 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 44 added.
The largest buyer was Bluefin Capital Management, opening a new position worth an estimated $8.54M. The largest seller was Royal Bank of Canada, cutting an estimated $3.89M.
- 127 institutional investors held Sprott Physical Gold (PHYS) as of Q2 2014, down from 130 in Q1 2014.
- Funds reported $287M of Sprott Physical Gold stock for Q2 2014, up 6.9% quarter-over-quarter.
- 10 funds opened new Sprott Physical Gold positions in Q2 2014 and 12 closed out, a net change of -2 holders.
- The largest Sprott Physical Gold buyer in Q2 2014 was Bluefin Capital Management, an estimated $8.54M added.
- The largest Sprott Physical Gold seller in Q2 2014 was Royal Bank of Canada, an estimated $3.89M sold.
Based on aggregated 13F filings for Q2 2014.