Sprott Gold Miners ETF
SGDM
63 hedge funds and large institutions have $69.2M invested in Sprott Gold Miners ETF in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 24 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1.62% more ownership
Funds ownership: 28.66% → 30.28% (+1.6%)
4% more capital invested
Capital invested by funds: $66.4M → $69.2M (+$2.7M)
0% more funds holding
Funds holding: 63 → 63 (0)
50% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.37M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$3.91M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.55M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$717K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$545K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.1M |
| 2 |
Jane Street
New York
|
-$2.29M |
| 3 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
-$1.36M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$849K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$381K |
SGDM Hedge Fund Activity: Q1 2024 in Review
63 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sprott Gold Miners ETF (SGDM) for Q1 2024, worth a combined $69.2M — up 4.1% from $66.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SGDM positions and 9 closed out — a net gain of 1 holder — while 12 added to existing stakes and 24 trimmed.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $4.37M. The largest seller was Morgan Stanley, cutting an estimated $4.1M.
- 63 institutional investors held Sprott Gold Miners ETF (SGDM) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $69.2M of Sprott Gold Miners ETF stock for Q1 2024, up 4.1% quarter-over-quarter.
- 10 funds opened new Sprott Gold Miners ETF positions in Q1 2024 and 9 closed out, a net change of +1 holder.
- The largest Sprott Gold Miners ETF buyer in Q1 2024 was Cetera Investment Advisers, an estimated $4.37M added.
- The largest Sprott Gold Miners ETF seller in Q1 2024 was Morgan Stanley, an estimated $4.1M sold.
Based on aggregated 13F filings for Q1 2024.