Sprott Physical Gold
PHYS
177 hedge funds and large institutions have $362M invested in Sprott Physical Gold in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 38 increasing their positions, 39 reducing their positions, and 17 closing their positions.
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
9% more capital invested
Capital invested by funds: $334M → $362M (+$28.5M)
7% more funds holding
Funds holding: 165 → 177 (+12)
0.9% more ownership
Funds ownership: 16.94% → 17.84% (+0.9%)
3% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$27.4M |
| 2 |
B
Bailard
Foster City,
California
|
+$5.53M |
| 3 |
APG
Abacus Planning Group
Columbia,
South Carolina
|
+$1.94M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.49M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$26.4M |
| 2 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$4.92M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.31M |
| 4 |
KLC
Knowledge Leaders Capital
Denver,
Colorado
|
-$3.81M |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$2.76M |
PHYS Hedge Fund Activity: Q4 2018 in Review
177 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q4 2018, worth a combined $362M — up 8.5% from $334M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PHYS positions and 17 closed out — a net gain of 12 holders — while 38 added to existing stakes and 39 trimmed.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $27.4M. The largest seller was Polar Asset Management Partners, cutting an estimated $26.4M.
- 177 institutional investors held Sprott Physical Gold (PHYS) as of Q4 2018, up from 165 in Q3 2018.
- Funds reported $362M of Sprott Physical Gold stock for Q4 2018, up 8.5% quarter-over-quarter.
- 29 funds opened new Sprott Physical Gold positions in Q4 2018 and 17 closed out, a net change of +12 holders.
- The largest Sprott Physical Gold buyer in Q4 2018 was T. Rowe Price Associates, an estimated $27.4M added.
- The largest Sprott Physical Gold seller in Q4 2018 was Polar Asset Management Partners, an estimated $26.4M sold.
Based on aggregated 13F filings for Q4 2018.