Sprott Physical Gold
PHYS
156 hedge funds and large institutions have $417M invested in Sprott Physical Gold in 2016 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 46 increasing their positions, 29 reducing their positions, and 13 closing their positions.
238% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 13
147% more capital invested
Capital invested by funds: $169M → $417M (+$249M)
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
59% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 29
23% more funds holding
Funds holding: 127 → 156 (+29)
2.25% more ownership
Funds ownership: 13.51% → 15.75% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$52.2M |
| 2 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$32.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$9.97M |
| 4 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$9.92M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$6.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$10.7M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.44M |
| 3 |
VF
Virtu Financial
New York
|
-$3.1M |
| 4 |
CBB
Citizens Business Bank
Ontario,
California
|
-$2.25M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$828K |
PHYS Hedge Fund Activity: Q1 2016 in Review
156 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q1 2016, worth a combined $417M — up 147% from $169M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PHYS positions and 13 closed out — a net gain of 31 holders — while 46 added to existing stakes and 29 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $52.2M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $10.7M sold.
- 156 institutional investors held Sprott Physical Gold (PHYS) as of Q1 2016, up from 127 in Q4 2015.
- Funds reported $417M of Sprott Physical Gold stock for Q1 2016, up 147% quarter-over-quarter.
- 44 funds opened new Sprott Physical Gold positions in Q1 2016 and 13 closed out, a net change of +31 holders.
- The largest Sprott Physical Gold buyer in Q1 2016 was Polar Asset Management Partners, an estimated $52.2M added.
- The largest Sprott Physical Gold seller in Q1 2016 was Weiss Asset Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2016.