Sprott Physical Platinum and Palladium Trust
SPPP
31 hedge funds and large institutions have $16.7M invested in Sprott Physical Platinum and Palladium Trust in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
7% more funds holding
Funds holding: 29 → 31 (+2)
1.23% more ownership
Funds ownership: 16.56% → 17.79% (+1.2%)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
18% less capital invested
Capital invested by funds: $20.3M → $16.7M (-$3.64M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.17M |
| 2 |
Morgan Stanley
New York
|
+$379K |
| 3 |
Jane Street
New York
|
+$322K |
| 4 |
LPL Financial
San Diego,
California
|
+$284K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.47M |
| 2 |
VF
Virtu Financial
New York
|
-$273K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$219K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$114K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$63.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $3K | – | – | – |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
AIG
29
American International Group
New York
| $1K | – | – | – |
|
|
FNBOO
30
First National Bank of Omaha
Omaha,
Nebraska
| $95 | +$100K | +15,385 | New |
|
|
31
Bank of America
Charlotte,
North Carolina
| – | -$63.7K | -9,763 | -99% |
|
32
Creative Planning
Overland Park,
Kansas
| – | -$12K | -1,800 | Closed |
|
33
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -400 | Closed |
|
SPPP Hedge Fund Activity: Q4 2015 in Review
31 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q4 2015, worth a combined $16.7M — down 18% from $20.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPPP positions and 2 closed out — a net gain of 2 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Weiss Asset Management, adding an estimated $1.17M. The largest seller was Polar Asset Management Partners, cutting an estimated $3.47M.
- 31 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q4 2015, up from 29 in Q3 2015.
- Funds reported $16.7M of Sprott Physical Platinum and Palladium Trust stock for Q4 2015, down 18% quarter-over-quarter.
- 4 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q4 2015 and 2 closed out, a net change of +2 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q4 2015 was Weiss Asset Management, an estimated $1.17M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q4 2015 was Polar Asset Management Partners, an estimated $3.47M sold.
Based on aggregated 13F filings for Q4 2015.