Sprott Physical Gold
PHYS
164 hedge funds and large institutions have $425M invested in Sprott Physical Gold in 2016 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 52 increasing their positions, 27 reducing their positions, and 11 closing their positions.
93% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 27
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
1% more funds holding
Funds holding: 162 → 164 (+2)
0.95% less ownership
Funds ownership: 15.67% → 14.72% (-0.95%)
5% less capital invested
Capital invested by funds: $447M → $425M (-$22.3M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
+$3.49M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.43M |
| 3 |
EAM
Evanson Asset Management
Carmel,
California
|
+$1.55M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.13M |
| 5 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$25.3M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$7.06M |
| 3 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$1.76M |
| 4 |
Morgan Stanley
New York
|
-$1.74M |
| 5 |
VF
Virtu Financial
New York
|
-$1.3M |
PHYS Hedge Fund Activity: Q3 2016 in Review
164 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q3 2016, worth a combined $425M — down 5% from $447M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PHYS positions and 11 closed out — a net gain of 3 holders — while 52 added to existing stakes and 27 trimmed.
The largest buyer was Choate Investment Advisors, opening a new position worth an estimated $3.49M. The largest seller was Polar Asset Management Partners, cutting an estimated $25.3M.
- 164 institutional investors held Sprott Physical Gold (PHYS) as of Q3 2016, up from 162 in Q2 2016.
- Funds reported $425M of Sprott Physical Gold stock for Q3 2016, down 5% quarter-over-quarter.
- 14 funds opened new Sprott Physical Gold positions in Q3 2016 and 11 closed out, a net change of +3 holders.
- The largest Sprott Physical Gold buyer in Q3 2016 was Choate Investment Advisors, an estimated $3.49M added.
- The largest Sprott Physical Gold seller in Q3 2016 was Polar Asset Management Partners, an estimated $25.3M sold.
Based on aggregated 13F filings for Q3 2016.