We are live on ! Find out more
SPPP

Sprott Physical Platinum and Palladium Trust
SPPP

78 hedge funds and large institutions have $189M invested in Sprott Physical Platinum and Palladium Trust in 2026 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 11

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

15% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 20

15% more funds holding

Funds holding: 68 → 78 (+10)

0.78% more ownership

Funds ownership: 27.14% → 27.91% (+0.78%)

2% less capital invested

Capital invested by funds: $192M → $189M (-$3.49M)

Holders
78
Holders Change
+10
Holders Change %
+14.71%
% of All Funds
0.96%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
23
Increased
23
Reduced
20
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
+$22.3M
2
IMC Chicago
IMC Chicago
Illinois
+$14.3M
3
WAM
Weiss Asset Management
Massachusetts
+$12.3M
4
LSC
Logan Stone Capital
Illinois
+$9.53M
5
CWGL
Cedrus Wealth Group LLC
Minnesota
+$3.97M

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$24.1M
2
HCC
Hatch Cove Capital
Illinois
-$14M
3
Pictet Asset Management
Pictet Asset Management
Switzerland
-$7.91M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$2.57M
5
NC
Nokomis Capital
Texas
-$2.41M
Name Holding Trade Value Shares
Change 		Change in
Stake
WAM
26
Wakefield Asset Management
Colorado
$1.02M +$16.4K +924 +1%
FDCDDQ
27
Federation des caisses Desjardins du Quebec
Quebec, Canada
$967K +$37.7K +2,126 +4%
HA
28
HC Advisors
Georgia
$831K +$146K +8,222 +18%
Bank of Montreal
29
Bank of Montreal
Ontario, Canada
$695K -$209K -11,758 -21%
Cerity Partners
30
Cerity Partners
New York
$624K – – –
CS
31
Cannell & Spears
New York
$544K +$88.7K +5,000 +17%
PAG
32
Private Advisor Group
New Jersey
$523K -$225K -12,699 -27%
UBS Group
33
UBS Group
Switzerland
$516K -$1.56K -88 -0.3%
JIC
34
Johnson Investment Counsel
Ohio
$466K +$532K +30,000 New
BCA
35
Bayshore Capital Advisors
Florida
$416K – – –
Cambridge Investment Research Advisors
36
Cambridge Investment Research Advisors
Iowa
$411K +$45.7K +2,574 +11%
P
37
&Partners
Tennessee
$388K – – –
HIP
38
HUB Investment Partners
Texas
$388K +$443K +25,000 New
TAM
39
Tocqueville Asset Management
New York
$357K – – –
SPIA
40
Steward Partners Investment Advisory
New York
$347K +$316K +17,820 +392%
SWP
41
Stratos Wealth Partners
Ohio
$345K -$358K -20,170 -48%
National Bank of Canada
42
National Bank of Canada
Quebec, Canada
$344K +$254K +14,296 +145%
FCP
43
Fidelis Capital Partners
Florida
$311K +$355K +20,000 New
LTI
44
Laffer Tengler Investments
Tennessee
$311K +$355K +20,000 New
Janney Montgomery Scott
45
Janney Montgomery Scott
Pennsylvania
$296K +$338K +19,050 New
Commonwealth Equity Services
46
Commonwealth Equity Services
Massachusetts
$273K +$53.5K +3,016 +21%
PFA
47
Pettinga Financial Advisors
Indiana
$252K +$9.76K +550 +4%
WAP
48
Wealthcare Advisory Partners
Pennsylvania
$247K +$13.2K +746 +5%
Wealth Enhancement Advisory Services
49
Wealth Enhancement Advisory Services
Minnesota
$239K -$13.3K -748 -5%
SIS
50
Strategic Investment Solutions
Illinois
$213K +$95.3K +5,375 +65%
1
2
3 4

SPPP Hedge Fund Activity: Q1 2026 in Review

78 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q1 2026, worth a combined $189M — down 1.8% from $192M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new SPPP positions and 11 closed out — a net gain of 12 holders — while 23 added to existing stakes and 20 trimmed.

The largest buyer was Goldman Sachs, opening a new position worth an estimated $22.3M. The largest seller was Jane Street, cutting an estimated $24.1M.

  • 78 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q1 2026, up from 68 in Q4 2025.
  • Funds reported $189M of Sprott Physical Platinum and Palladium Trust stock for Q1 2026, down 1.8% quarter-over-quarter.
  • 23 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q1 2026 and 11 closed out, a net change of +12 holders.
  • The largest Sprott Physical Platinum and Palladium Trust buyer in Q1 2026 was Goldman Sachs, an estimated $22.3M added.
  • The largest Sprott Physical Platinum and Palladium Trust seller in Q1 2026 was Jane Street, an estimated $24.1M sold.

Based on aggregated 13F filings for Q1 2026.