Sprott
123 hedge funds and large institutions have $201M invested in Sprott in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 34 increasing their positions, 31 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
7% more funds holding
Funds holding: 115 → 123 (+8)
10% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.79% less ownership
Funds ownership: 26.09% → 25.3% (-0.79%)
9% less capital invested
Capital invested by funds: $220M → $201M (-$18.9M)
52% less call options, than puts
Call options by funds: $1.42M | Put options by funds: $2.95M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
+$3.58M |
| 2 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
+$1.66M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.34M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.34M |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$12.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.17M |
| 3 |
LC
Loews Corp
New York
|
-$1.83M |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$946K |
| 5 |
OBGC
O'Brien Greene & Co
Media,
Pennsylvania
|
-$908K |
SII Hedge Fund Activity: Q3 2023 in Review
123 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Sprott (SII) for Q3 2023, worth a combined $201M — down 8.6% from $220M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SII positions and 11 closed out — a net gain of 9 holders — while 34 added to existing stakes and 31 trimmed.
The largest buyer was Jacobs Asset Management, adding an estimated $3.58M. The largest seller was Sun Valley Gold, cutting an estimated $12.1M.
- 123 institutional investors held Sprott (SII) as of Q3 2023, up from 115 in Q2 2023.
- Funds reported $201M of Sprott stock for Q3 2023, down 8.6% quarter-over-quarter.
- 20 funds opened new Sprott positions in Q3 2023 and 11 closed out, a net change of +9 holders.
- The largest Sprott buyer in Q3 2023 was Jacobs Asset Management, an estimated $3.58M added.
- The largest Sprott seller in Q3 2023 was Sun Valley Gold, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2023.