Sprott
99 hedge funds and large institutions have $239M invested in Sprott in 2021 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
33% more capital invested
Capital invested by funds: $180M → $239M (+$59M)
32% more call options, than puts
Call options by funds: $7.66M | Put options by funds: $5.79M
14% more funds holding
Funds holding: 87 → 99 (+12)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
0.33% more ownership
Funds ownership: 25.36% → 25.69% (+0.33%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$10.6M |
| 2 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$5.57M |
| 3 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
+$2.82M |
| 4 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$2.82M |
| 5 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$8.26M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.42M |
| 3 |
Millennium Management
New York
|
-$2.48M |
| 4 |
Morgan Stanley
New York
|
-$1.56M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
101
Quadrature Capital
London,
United Kingdom
| – | -$1.26M | -43,400 | Closed |
|
|
MLIM
102
Mountain Lake Investment Management
Boca Raton,
Florida
| – | -$1.06M | -36,500 | Closed |
|
|
ICM
103
Invenomic Capital Management
Boston,
Massachusetts
| – | -$604K | -20,805 | Closed |
|
104
Two Sigma Advisers
New York
| – | -$600K | -20,690 | Closed |
|
105
Two Sigma Investments
New York
| – | -$517K | -17,849 | Closed |
|
106
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$452K | -15,600 | Closed |
|
107
Renaissance Technologies
New York
| – | -$309K | -10,690 | Closed |
|
|
HKAM
108
Horizon Kinetics Asset Management
New York
| – | -$222K | -7,665 | Closed |
|
SII Hedge Fund Activity: Q1 2021 in Review
99 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Sprott (SII) for Q1 2021, worth a combined $239M — up 33% from $180M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SII positions and 10 closed out — a net gain of 13 holders — while 27 added to existing stakes and 26 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $10.6M. The largest seller was Jacobs Asset Management, cutting an estimated $8.26M.
- 99 institutional investors held Sprott (SII) as of Q1 2021, up from 87 in Q4 2020.
- Funds reported $239M of Sprott stock for Q1 2021, up 33% quarter-over-quarter.
- 23 funds opened new Sprott positions in Q1 2021 and 10 closed out, a net change of +13 holders.
- The largest Sprott buyer in Q1 2021 was Russell Investments Group, an estimated $10.6M added.
- The largest Sprott seller in Q1 2021 was Jacobs Asset Management, an estimated $8.26M sold.
Based on aggregated 13F filings for Q1 2021.