Sprott Physical Gold
PHYS
166 hedge funds and large institutions have $421M invested in Sprott Physical Gold in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 45 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
1% more funds holding
Funds holding: 165 → 166 (+1)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.49% less ownership
Funds ownership: 19.72% → 19.23% (-0.49%)
3% less capital invested
Capital invested by funds: $435M → $421M (-$14M)
20% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$13.8M |
| 2 |
EAM
Evanson Asset Management
Carmel,
California
|
+$7.45M |
| 3 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$4.2M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.54M |
| 5 |
TSS
Two Sigma Securities
New York
|
+$608K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
-$25.8M |
| 2 |
LPL Financial
San Diego,
California
|
-$6.94M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$1.43M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$969K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$732K |
PHYS Hedge Fund Activity: Q2 2017 in Review
166 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q2 2017, worth a combined $421M — down 3.2% from $435M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PHYS positions and 11 closed out — a net gain of 2 holders — while 36 added to existing stakes and 45 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $13.8M. The largest seller was Johnson Investment Counsel, cutting an estimated $25.8M.
- 166 institutional investors held Sprott Physical Gold (PHYS) as of Q2 2017, up from 165 in Q1 2017.
- Funds reported $421M of Sprott Physical Gold stock for Q2 2017, down 3.2% quarter-over-quarter.
- 13 funds opened new Sprott Physical Gold positions in Q2 2017 and 11 closed out, a net change of +2 holders.
- The largest Sprott Physical Gold buyer in Q2 2017 was Polar Asset Management Partners, an estimated $13.8M added.
- The largest Sprott Physical Gold seller in Q2 2017 was Johnson Investment Counsel, an estimated $25.8M sold.
Based on aggregated 13F filings for Q2 2017.