Sprott Gold Miners ETF
SGDM
109 hedge funds and large institutions have $171M invested in Sprott Gold Miners ETF in 2025 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 24 increasing their positions, 24 reducing their positions, and 6 closing their positions.
317% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 6
184% more call options, than puts
Call options by funds: $880K | Put options by funds: $310K
52% more capital invested
Capital invested by funds: $113M → $171M (+$58.5M)
17% more funds holding
Funds holding: 93 → 109 (+16)
1.22% more ownership
Funds ownership: 27.3% → 28.51% (+1.2%)
0% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.63M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.96M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.88M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.35M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
FLP Wealth Management
Bentonville,
Arkansas
|
-$755K |
| 2 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
-$563K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$538K |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$376K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$313K |
SGDM Hedge Fund Activity: Q3 2025 in Review
109 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Sprott Gold Miners ETF (SGDM) for Q3 2025, worth a combined $171M — up 52% from $113M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SGDM positions and 6 closed out — a net gain of 19 holders — while 24 added to existing stakes and 24 trimmed.
The largest buyer was Cetera Investment Advisers, adding an estimated $2.63M. The largest seller was FLP Wealth Management, exiting entirely with an estimated $755K sold.
- 109 institutional investors held Sprott Gold Miners ETF (SGDM) as of Q3 2025, up from 93 in Q2 2025.
- Funds reported $171M of Sprott Gold Miners ETF stock for Q3 2025, up 52% quarter-over-quarter.
- 25 funds opened new Sprott Gold Miners ETF positions in Q3 2025 and 6 closed out, a net change of +19 holders.
- The largest Sprott Gold Miners ETF buyer in Q3 2025 was Cetera Investment Advisers, an estimated $2.63M added.
- The largest Sprott Gold Miners ETF seller in Q3 2025 was FLP Wealth Management, an estimated $755K sold.
Based on aggregated 13F filings for Q3 2025.