Sprott Physical Gold
PHYS
403 hedge funds and large institutions have $1.85B invested in Sprott Physical Gold in 2023 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 108 increasing their positions, 107 reducing their positions, and 26 closing their positions.
65% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 26
12% more funds holding in top 10
Funds holding in top 10: 25 → 28 (+3)
4% more funds holding
Funds holding: 389 → 403 (+14)
1% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 107
1.61% less ownership
Funds ownership: 30.5% → 28.89% (-1.6%)
21% less capital invested
Capital invested by funds: $2.35B → $1.85B (-$502M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.3M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$5.58M |
| 3 |
WMWM
Whitaker-Myers Wealth Managers
Mansfield,
Ohio
|
+$4.17M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$3.88M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$52.1M |
| 2 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
-$30.9M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$9.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.89M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$6.52M |
PHYS Hedge Fund Activity: Q4 2023 in Review
403 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q4 2023, worth a combined $1.85B — down 21% from $2.35B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PHYS positions and 26 closed out — a net gain of 17 holders — while 108 added to existing stakes and 107 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.3M. The largest seller was Susquehanna International Group, cutting an estimated $52.1M.
- 403 institutional investors held Sprott Physical Gold (PHYS) as of Q4 2023, up from 389 in Q3 2023.
- Funds reported $1.85B of Sprott Physical Gold stock for Q4 2023, down 21% quarter-over-quarter.
- 43 funds opened new Sprott Physical Gold positions in Q4 2023 and 26 closed out, a net change of +17 holders.
- The largest Sprott Physical Gold buyer in Q4 2023 was Morgan Stanley, an estimated $10.3M added.
- The largest Sprott Physical Gold seller in Q4 2023 was Susquehanna International Group, an estimated $52.1M sold.
Based on aggregated 13F filings for Q4 2023.