Sprott Gold Miners ETF
SGDM
63 hedge funds and large institutions have $66.4M invested in Sprott Gold Miners ETF in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 24 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
20% more capital invested
Capital invested by funds: $55.3M → $66.4M (+$11.2M)
13% more funds holding
Funds holding: 56 → 63 (+7)
2.7% more ownership
Funds ownership: 25.96% → 28.66% (+2.7%)
29% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.75M |
| 2 |
Morgan Stanley
New York
|
+$3.66M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.51M |
| 4 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
+$1.31M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.1M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.45M |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$1.1M |
| 4 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
-$1.09M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$708K |
SGDM Hedge Fund Activity: Q4 2023 in Review
63 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sprott Gold Miners ETF (SGDM) for Q4 2023, worth a combined $66.4M — up 20% from $55.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SGDM positions and 3 closed out — a net gain of 7 holders — while 17 added to existing stakes and 24 trimmed.
The largest buyer was Jane Street, adding an estimated $4.75M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $3.1M.
- 63 institutional investors held Sprott Gold Miners ETF (SGDM) as of Q4 2023, up from 56 in Q3 2023.
- Funds reported $66.4M of Sprott Gold Miners ETF stock for Q4 2023, up 20% quarter-over-quarter.
- 10 funds opened new Sprott Gold Miners ETF positions in Q4 2023 and 3 closed out, a net change of +7 holders.
- The largest Sprott Gold Miners ETF buyer in Q4 2023 was Jane Street, an estimated $4.75M added.
- The largest Sprott Gold Miners ETF seller in Q4 2023 was Raymond James Financial Services Advisors, an estimated $3.1M sold.
Based on aggregated 13F filings for Q4 2023.