Sprott Physical Gold
PHYS
223 hedge funds and large institutions have $678M invested in Sprott Physical Gold in 2020 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 65 increasing their positions, 37 reducing their positions, and 17 closing their positions.
147% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 17
78% more funds holding in top 10
Funds holding in top 10: 9 → 16 (+7)
76% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 37
41% more capital invested
Capital invested by funds: $482M → $678M (+$196M)
10% more funds holding
Funds holding: 202 → 223 (+21)
6.24% more ownership
Funds ownership: 19.96% → 26.2% (+6.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$45.1M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$20.4M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$9.02M |
| 4 |
CC
Cannell & Co
New York
|
+$8.96M |
| 5 |
SPA
Sentinel Pension Advisors
Wakefield,
Massachusetts
|
+$7.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFG
OTA Financial Group
Purchase,
New York
|
-$3.57M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.49M |
| 3 |
TNA
True North Advisors
Dallas,
Texas
|
-$1.23M |
| 4 |
EGA
E&G Advisors
Houston,
Texas
|
-$934K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$873K |
PHYS Hedge Fund Activity: Q1 2020 in Review
223 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q1 2020, worth a combined $678M — up 41% from $482M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PHYS positions and 17 closed out — a net gain of 25 holders — while 65 added to existing stakes and 37 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $45.1M. The largest seller was OTA Financial Group, exiting entirely with an estimated $3.57M sold.
- 223 institutional investors held Sprott Physical Gold (PHYS) as of Q1 2020, up from 202 in Q4 2019.
- Funds reported $678M of Sprott Physical Gold stock for Q1 2020, up 41% quarter-over-quarter.
- 42 funds opened new Sprott Physical Gold positions in Q1 2020 and 17 closed out, a net change of +25 holders.
- The largest Sprott Physical Gold buyer in Q1 2020 was Private Advisor Group, an estimated $45.1M added.
- The largest Sprott Physical Gold seller in Q1 2020 was OTA Financial Group, an estimated $3.57M sold.
Based on aggregated 13F filings for Q1 2020.