Sprott Physical Gold
PHYS
412 hedge funds and large institutions have $2.05B invested in Sprott Physical Gold in 2024 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 104 increasing their positions, 117 reducing their positions, and 28 closing their positions.
54% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 28
11% more capital invested
Capital invested by funds: $1.85B → $2.05B (+$206M)
4% more funds holding in top 10
Funds holding in top 10: 28 → 29 (+1)
2% more funds holding
Funds holding: 403 → 412 (+9)
0.92% more ownership
Funds ownership: 28.89% → 29.8% (+0.92%)
11% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 117
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
Simplicity Wealth
Summit,
New Jersey
|
+$62.6M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$26.8M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$25.8M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$15.5M |
| 5 |
Morgan Stanley
New York
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$41.9M |
| 2 |
SPA
Sentinel Pension Advisors
Wakefield,
Massachusetts
|
-$12.2M |
| 3 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
-$6.55M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$6.19M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$5.57M |
PHYS Hedge Fund Activity: Q1 2024 in Review
412 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold (PHYS) for Q1 2024, worth a combined $2.05B — up 11% from $1.85B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PHYS positions and 28 closed out — a net gain of 15 holders — while 104 added to existing stakes and 117 trimmed.
The largest buyer was Simplicity Wealth, opening a new position worth an estimated $62.6M. The largest seller was Truist Financial, cutting an estimated $41.9M.
- 412 institutional investors held Sprott Physical Gold (PHYS) as of Q1 2024, up from 403 in Q4 2023.
- Funds reported $2.05B of Sprott Physical Gold stock for Q1 2024, up 11% quarter-over-quarter.
- 43 funds opened new Sprott Physical Gold positions in Q1 2024 and 28 closed out, a net change of +15 holders.
- The largest Sprott Physical Gold buyer in Q1 2024 was Simplicity Wealth, an estimated $62.6M added.
- The largest Sprott Physical Gold seller in Q1 2024 was Truist Financial, an estimated $41.9M sold.
Based on aggregated 13F filings for Q1 2024.