Sprott Physical Platinum and Palladium Trust
SPPP
29 hedge funds and large institutions have $14.7M invested in Sprott Physical Platinum and Palladium Trust in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
43% more capital invested
Capital invested by funds: $10.3M → $14.7M (+$4.43M)
2.99% more ownership
Funds ownership: 10% → 12.99% (+3%)
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.45M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.03M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$770K |
| 4 |
Jane Street
New York
|
+$755K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$375K |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$202K |
| 3 |
Morgan Stanley
New York
|
-$198K |
| 4 |
BWP
BSW Wealth Partners
Boulder,
Colorado
|
-$96.4K |
| 5 |
LPL Financial
San Diego,
California
|
-$43.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $2K | – | – | – |
|
|
FNBT
27
FineMark National Bank & Trust
Fort Myers,
Florida
| $2K | +$2.27K | +300 | New |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $1K | – | – | – |
|
|
VKH
30
Virtu KCG Holdings
New York
| – | -$375K | -53,565 | Closed |
|
31
Creative Planning
Overland Park,
Kansas
| – | -$17K | -2,500 | Closed |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$3K | -500 | Closed |
|
SPPP Hedge Fund Activity: Q3 2016 in Review
29 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q3 2016, worth a combined $14.7M — up 43% from $10.3M a quarter earlier.
Fund positioning in SPPP was balanced in Q3 2016: 3 funds opened new positions, 3 closed out, 10 added to existing stakes and 6 trimmed.
The largest buyer was Virtu Financial, adding an estimated $1.45M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $375K sold.
- 29 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $14.7M of Sprott Physical Platinum and Palladium Trust stock for Q3 2016, up 43% quarter-over-quarter.
- 3 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q3 2016 and 3 closed out, a net change of 0 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q3 2016 was Virtu Financial, an estimated $1.45M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q3 2016 was Virtu KCG Holdings, an estimated $375K sold.
Based on aggregated 13F filings for Q3 2016.