Sprott Gold Miners ETF
SGDM
69 hedge funds and large institutions have $74.2M invested in Sprott Gold Miners ETF in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
20% more capital invested
Capital invested by funds: $62M → $74.2M (+$12.2M)
17% more funds holding
Funds holding: 59 → 69 (+10)
1.44% more ownership
Funds ownership: 26.55% → 28% (+1.4%)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.03M |
| 2 |
MAM
Milestone Asset Management
Pittsburgh,
Pennsylvania
|
+$2.9M |
| 3 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$2.65M |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$1.86M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICG
InterOcean Capital Group
Nashville,
Tennessee
|
-$6.83M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$2.42M |
| 3 |
Morgan Stanley
New York
|
-$626K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$623K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$458K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Group One Trading
Chicago,
Illinois
| – | -$1.04K | -42 | Closed |
|
SGDM Hedge Fund Activity: Q1 2023 in Review
69 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sprott Gold Miners ETF (SGDM) for Q1 2023, worth a combined $74.2M — up 20% from $62M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SGDM positions and 7 closed out — a net gain of 12 holders — while 15 added to existing stakes and 20 trimmed.
The largest buyer was UBS Group, adding an estimated $3.03M. The largest seller was InterOcean Capital Group, exiting entirely with an estimated $6.83M sold.
- 69 institutional investors held Sprott Gold Miners ETF (SGDM) as of Q1 2023, up from 59 in Q4 2022.
- Funds reported $74.2M of Sprott Gold Miners ETF stock for Q1 2023, up 20% quarter-over-quarter.
- 19 funds opened new Sprott Gold Miners ETF positions in Q1 2023 and 7 closed out, a net change of +12 holders.
- The largest Sprott Gold Miners ETF buyer in Q1 2023 was UBS Group, an estimated $3.03M added.
- The largest Sprott Gold Miners ETF seller in Q1 2023 was InterOcean Capital Group, an estimated $6.83M sold.
Based on aggregated 13F filings for Q1 2023.