abrdn Physical Platinum Shares ETF
PPLT
106 hedge funds and large institutions have $218M invested in abrdn Physical Platinum Shares ETF in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 22 closing their positions.
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 28
2% less funds holding
Funds holding: 108 → 106 (-2)
24% less capital invested
Capital invested by funds: $288M → $218M (-$69.4M)
28.7% less ownership
Funds ownership: 251.8% → 223.1% (-29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.79M |
| 2 |
HIG
Herr Investment Group
Austin,
Texas
|
+$3.76M |
| 3 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$3.72M |
| 4 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
+$2.19M |
| 5 |
VF
Virtu Financial
New York
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$35M |
| 2 |
CPH
C Partners Holding
Zurich,
Switzerland
|
-$10.2M |
| 3 |
MD
Money Design
Tokyo,
Japan
|
-$6.52M |
| 4 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
-$3.83M |
| 5 |
Jane Street
New York
|
-$3.57M |
PPLT Hedge Fund Activity: Q1 2023 in Review
106 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in abrdn Physical Platinum Shares ETF (PPLT) for Q1 2023, worth a combined $218M — down 24% from $288M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PPLT positions and 22 closed out — a net gain of 1 holder — while 26 added to existing stakes and 28 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $4.79M. The largest seller was Integrated Wealth Concepts, cutting an estimated $35M.
- 106 institutional investors held abrdn Physical Platinum Shares ETF (PPLT) as of Q1 2023, down from 108 in Q4 2022.
- Funds reported $218M of abrdn Physical Platinum Shares ETF stock for Q1 2023, down 24% quarter-over-quarter.
- 23 funds opened new abrdn Physical Platinum Shares ETF positions in Q1 2023 and 22 closed out, a net change of +1 holder.
- The largest abrdn Physical Platinum Shares ETF buyer in Q1 2023 was Bank of Montreal, an estimated $4.79M added.
- The largest abrdn Physical Platinum Shares ETF seller in Q1 2023 was Integrated Wealth Concepts, an estimated $35M sold.
Based on aggregated 13F filings for Q1 2023.