SPPP

Sprott Physical Platinum and Palladium Trust

SPPP

Market cap $368M

Overview Fund Activity

12.58 USD

+0.07

0.56%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

12.52

-0.06

0.48%

1 day

0.56%

5 days

2.53%

1 month

6.16%

3 months

5.1%

6 months

30.91%

Year to date

39.78%

1 year

26.18%

5 years

-25.03%

10 years

93.54%

About: Sprott Physical Platinum & Palladium Tr invests and holds all of its assets in physical platinum and palladium bullion. The company seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical bullion. The Trust invests mainly in long-term holdings of unencumbered, fully allocated, physical platinum and palladium bullion.

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

433% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 3

175% more capital invested

Capital invested by funds: $23.1M [Q1] → $63.5M (+$40.4M) [Q2]

82% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 11

25% more funds holding

Funds holding: 53 [Q1] → 66 (+13) [Q2]

12.36% more ownership

Funds ownership: 12.0% [Q1] → 24.36% (+12.36%) [Q2]

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Financial journalist opinion

Sprott Physical Platinum and Palladium Trust Updates Its “At-the-Market” Equity Program

TORONTO, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Platinum and Palladium Trust (NYSE: SPPP) (TSX: SPPP / SPPP.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical platinum and palladium bullion, today announced that the Trust has updated its at-the-market equity program (“ATM Program”) to issue an additional U.S.$100 million of units of the Trust (“Units”) in the United States and Canada pursuant to a prospectus supplement dated September 9, 2025 (the “Prospectus Supplement”) to the short form base shelf prospectus dated June 12, 2025 (the “Base Shelf Prospectus”). Copies of the Prospectus Supplement and the Base Shelf Prospectus are available on EDGAR at the SEC's website at www.sec.gov and the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca. Distributions will no longer be made under previous ATM Program prospectus supplements, including the prospectus supplement dated June 12, 2025.

Sprott Physical Platinum and Palladium Trust Updates Its “At-the-Market” Equity Program

Central Bank Buying to Buoy Gold & Silver Prices

Central banks' willingness to buy more precious metals should help buoy prices for both gold and silver. Around the globe, central banks continue to quench their thirst for both, providing investment opportunities in ETFs with exposure to both metals.

Central Bank Buying to Buoy Gold & Silver Prices

After platinum's stunning 28% June surge, this chart hints at what could happen next

U.S. stocks have climbed to record heights, but platinum's rise — on the back of a global supply shortage of the metal since 2023 — is quite impressive too.

After platinum's stunning 28% June surge, this chart hints at what could happen next

Sprott Physical Platinum and Palladium Trust Updates Its “At-the-Market” Equity Program

TORONTO, June 12, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Platinum and Palladium Trust (NYSE: SPPP) (TSX: SPPP / SPPP.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical platinum and palladium bullion, today announced that it has updated its at-the-market equity program to issue up to U.S.$100 million of units of the Trust (“Units”) in the United States and Canada.

Sprott Physical Platinum and Palladium Trust Updates Its “At-the-Market” Equity Program

Sprott Physical Platinum and Palladium Trust Updates Its “At-The-Market” Equity Program

TORONTO, March 31, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Platinum and Palladium Trust (NYSE: SPPP) (TSX: SPPP / SPPP.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical platinum and palladium bullion, today announced that the Trust has updated its at-the-market equity program (“ATM Program”) to issue an additional US$50 million of units of the Trust (“Units”) in the United States and Canada pursuant to a prospectus supplement dated March 31, 2025 (the “Prospectus Supplement”) to the short form base shelf prospectus dated September 6, 2024 (the “Base Shelf Prospectus”). Copies of the Prospectus Supplement and the Base Shelf Prospectus are available on EDGAR at the SEC's website at www.sec.gov and the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca. Distributions will no longer be made under previous ATM Program prospectus supplements, including the amended and restated prospectus supplement dated December 6, 2024.

Sprott Physical Platinum and Palladium Trust Updates Its “At-The-Market” Equity Program

Positive Forecasts for Gold, Silver Despite Dollar Pressure

A rising dollar has been applying downward pressure on gold and silver following the U.S. presidential election. But market experts are still forecasting record prices for both precious metals heading into 2025.

Positive Forecasts for Gold, Silver Despite Dollar Pressure

Sprott Physical Platinum and Palladium Trust Updates Its “At-the-Market” Equity Program

TORONTO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Platinum and Palladium Trust (NYSE: SPPP) (TSX: SPPP / SPPP.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical platinum and palladium bullion, today announced that it has added additional sales agents to its at-the-market equity program to issue up to US$50 million of units of the Trust (“Units”) in the United States and Canada.

Sprott Physical Platinum and Palladium Trust Updates Its “At-the-Market” Equity Program

Update On SPPP As Platinum And Palladium Prices Stabilize

Gold and silver surged in 2024, with silver up 30.6% and gold 27.22%, while platinum and palladium saw declines. Lower U.S. interest rates and potential dollar weakness could support higher platinum and palladium prices, despite current bearish trends. The Sprott Physical Platinum and Palladium Trust offers value at around $10 per share, consolidating amid low liquidity and potential future rallies.

Update On SPPP As Platinum And Palladium Prices Stabilize

Sprott Physical Platinum and Palladium Trust Updates Its “At-The-Market” Equity Program

TORONTO, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Platinum and Palladium Trust (NYSE: SPPP) (TSX: SPPP / SPPP.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical platinum and palladium bullion, today announced that it has updated its at-the-market equity program to issue up to US$50 million of units of the Trust (“Units”) in the United States and Canada.

Sprott Physical Platinum and Palladium Trust Updates Its “At-The-Market” Equity Program

SPPP: Platinum Group Metals Remain Under Pressure

Platinum and palladium prices have struggled to surpass $1,000 per ounce recently, with palladium experiencing a significant decline since reaching a record high in 2022. Gold and silver have been in bull markets, with silver reaching its highest price in nearly 12 years and gold hitting a new record peak. The Sprott Physical Platinum and Palladium Trust invests in physical platinum and palladium, providing exposure to these metals in standard stock market accounts.

SPPP: Platinum Group Metals Remain Under Pressure

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