Sprott Gold Miners ETF
SGDM
36 hedge funds and large institutions have $20.4M invested in Sprott Gold Miners ETF in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 11 closing their positions.
1.96% more ownership
Funds ownership: 12.08% → 14.04% (+2%)
12% less capital invested
Capital invested by funds: $23.1M → $20.4M (-$2.73M)
18% less funds holding
Funds holding: 44 → 36 (-8)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$739K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$656K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$335K |
| 4 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$261K |
| 5 |
LPL Financial
San Diego,
California
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SR
Sloane Robinson
London,
United Kingdom
|
-$1.2M |
| 2 |
G
Gainplan
Bloomfield Hills,
Michigan
|
-$690K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$296K |
| 4 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$237K |
| 5 |
RF
RHS Financial
San Francisco,
California
|
-$235K |
SGDM Hedge Fund Activity: Q1 2020 in Review
36 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Sprott Gold Miners ETF (SGDM) for Q1 2020, worth a combined $20.4M — down 12% from $23.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SGDM and 5 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 7 added.
The largest buyer was Royal Bank of Canada, adding an estimated $739K. The largest seller was Sloane Robinson, exiting entirely with an estimated $1.2M sold.
- 36 institutional investors held Sprott Gold Miners ETF (SGDM) as of Q1 2020, down from 44 in Q4 2019.
- Funds reported $20.4M of Sprott Gold Miners ETF stock for Q1 2020, down 12% quarter-over-quarter.
- 5 funds opened new Sprott Gold Miners ETF positions in Q1 2020 and 11 closed out, a net change of -6 holders.
- The largest Sprott Gold Miners ETF buyer in Q1 2020 was Royal Bank of Canada, an estimated $739K added.
- The largest Sprott Gold Miners ETF seller in Q1 2020 was Sloane Robinson, an estimated $1.2M sold.
Based on aggregated 13F filings for Q1 2020.