abrdn Physical Platinum Shares ETF
PPLT
57 hedge funds and large institutions have $61.8M invested in abrdn Physical Platinum Shares ETF in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 7 reducing their positions, and 15 closing their positions.
186% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 7
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
4.06% less ownership
Funds ownership: 118.6% → 114.54% (-4.1%)
8% less funds holding
Funds holding: 62 → 57 (-5)
28% less capital invested
Capital invested by funds: $85.7M → $61.8M (-$23.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gabalex Capital Management
New York
|
+$7.18M |
| 2 |
Jane Street
New York
|
+$4.27M |
| 3 |
BCM
Bienville Capital Management
New York
|
+$1.79M |
| 4 |
ISL
Ingalls & Snyder LLC
New York
|
+$1.63M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.16M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$868K |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$724K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$609K |
PPLT Hedge Fund Activity: Q1 2020 in Review
57 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in abrdn Physical Platinum Shares ETF (PPLT) for Q1 2020, worth a combined $61.8M — down 28% from $85.7M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PPLT and 14 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 20 added.
The largest buyer was Gabalex Capital Management, opening a new position worth an estimated $7.18M. The largest seller was Morgan Stanley, cutting an estimated $16.7M.
- 57 institutional investors held abrdn Physical Platinum Shares ETF (PPLT) as of Q1 2020, down from 62 in Q4 2019.
- Funds reported $61.8M of abrdn Physical Platinum Shares ETF stock for Q1 2020, down 28% quarter-over-quarter.
- 14 funds opened new abrdn Physical Platinum Shares ETF positions in Q1 2020 and 15 closed out, a net change of -1 holder.
- The largest abrdn Physical Platinum Shares ETF buyer in Q1 2020 was Gabalex Capital Management, an estimated $7.18M added.
- The largest abrdn Physical Platinum Shares ETF seller in Q1 2020 was Morgan Stanley, an estimated $16.7M sold.
Based on aggregated 13F filings for Q1 2020.