Sprott Physical Platinum and Palladium Trust
SPPP
29 hedge funds and large institutions have $20.3M invested in Sprott Physical Platinum and Palladium Trust in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 4 closing their positions.
3% less funds holding
Funds holding: 30 → 29 (-1)
7.02% less ownership
Funds ownership: 23.57% → 16.56% (-7%)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
46% less capital invested
Capital invested by funds: $37.8M → $20.3M (-$17.5M)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Caprock Group
Boise,
Idaho
|
+$273K |
| 2 |
Jane Street
New York
|
+$82.7K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$23.9K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$12.3K |
| 5 |
BWP
BSW Wealth Partners
Boulder,
Colorado
|
+$10.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$4.66M |
| 2 |
VF
Virtu Financial
New York
|
-$3.98M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.71M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.29M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$301K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $4K | +$2.72K | +400 | New |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | -$681 | -100 | -20% |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
AIG
29
American International Group
New York
| $1K | – | – | – |
|
|
PWP
30
Private Wealth Partners
Mill Valley,
California
| – | -$285K | -38,000 | Closed |
|
|
ISL
31
Ingalls & Snyder LLC
New York
| – | -$74K | -10,000 | Closed |
|
|
CTC
32
Central Trust Company
Jefferson City,
Missouri
| – | -$6K | -800 | Closed |
|
33
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$4K | -600 | Closed |
|
SPPP Hedge Fund Activity: Q3 2015 in Review
29 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q3 2015, worth a combined $20.3M — down 46% from $37.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SPPP and 3 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 4 added.
The largest buyer was Caprock Group, opening a new position worth an estimated $273K. The largest seller was Polar Asset Management Partners, cutting an estimated $4.66M.
- 29 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q3 2015, down from 30 in Q2 2015.
- Funds reported $20.3M of Sprott Physical Platinum and Palladium Trust stock for Q3 2015, down 46% quarter-over-quarter.
- 3 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q3 2015 and 4 closed out, a net change of -1 holder.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q3 2015 was Caprock Group, an estimated $273K added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q3 2015 was Polar Asset Management Partners, an estimated $4.66M sold.
Based on aggregated 13F filings for Q3 2015.