abrdn Physical Platinum Shares ETF
PPLT
63 hedge funds and large institutions have $115M invested in abrdn Physical Platinum Shares ETF in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
17% more funds holding
Funds holding: 54 → 63 (+9)
6% less capital invested
Capital invested by funds: $121M → $115M (-$6.87M)
35.96% less ownership
Funds ownership: 255.67% → 219.71% (-36%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$3.79M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.25M |
| 3 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$1.45M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.33M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.8M |
| 2 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
-$6.18M |
| 3 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$2.21M |
| 4 |
VF
Virtu Financial
New York
|
-$1.76M |
| 5 |
AGPM
ASA Gold & Precious Metals
Portland,
Maine
|
-$967K |
PPLT Hedge Fund Activity: Q2 2016 in Review
63 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in abrdn Physical Platinum Shares ETF (PPLT) for Q2 2016, worth a combined $115M — down 5.7% from $121M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PPLT positions and 7 closed out — a net gain of 10 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Proficio Capital Partners, opening a new position worth an estimated $3.79M. The largest seller was Wellington Management Group, cutting an estimated $16.8M.
- 63 institutional investors held abrdn Physical Platinum Shares ETF (PPLT) as of Q2 2016, up from 54 in Q1 2016.
- Funds reported $115M of abrdn Physical Platinum Shares ETF stock for Q2 2016, down 5.7% quarter-over-quarter.
- 17 funds opened new abrdn Physical Platinum Shares ETF positions in Q2 2016 and 7 closed out, a net change of +10 holders.
- The largest abrdn Physical Platinum Shares ETF buyer in Q2 2016 was Proficio Capital Partners, an estimated $3.79M added.
- The largest abrdn Physical Platinum Shares ETF seller in Q2 2016 was Wellington Management Group, an estimated $16.8M sold.
Based on aggregated 13F filings for Q2 2016.