Sprott Physical Gold
PHYS
167 hedge funds and large institutions have $416M invested in Sprott Physical Gold in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 44 increasing their positions, 47 reducing their positions, and 17 closing their positions.
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
5.61% more ownership
Funds ownership: 14.72% → 20.33% (+5.6%)
2% more funds holding
Funds holding: 164 → 167 (+3)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2% less capital invested
Capital invested by funds: $425M → $416M (-$8.35M)
6% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$91.5M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$30.2M |
| 3 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$8.5M |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
+$5.2M |
| 5 |
VF
Virtu Financial
New York
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$11.1M |
| 2 |
FRM
Fore Research & Management
New York
|
-$3.29M |
| 3 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
-$2.96M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.66M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.41M |
PHYS Hedge Fund Activity: Q4 2016 in Review
167 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q4 2016, worth a combined $416M — down 2% from $425M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PHYS positions and 17 closed out — a net gain of 5 holders — while 44 added to existing stakes and 47 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $91.5M. The largest seller was Anson Funds Management, exiting entirely with an estimated $11.1M sold.
- 167 institutional investors held Sprott Physical Gold (PHYS) as of Q4 2016, up from 164 in Q3 2016.
- Funds reported $416M of Sprott Physical Gold stock for Q4 2016, down 2% quarter-over-quarter.
- 22 funds opened new Sprott Physical Gold positions in Q4 2016 and 17 closed out, a net change of +5 holders.
- The largest Sprott Physical Gold buyer in Q4 2016 was Polar Asset Management Partners, an estimated $91.5M added.
- The largest Sprott Physical Gold seller in Q4 2016 was Anson Funds Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2016.