Sprott Physical Platinum and Palladium Trust
SPPP
29 hedge funds and large institutions have $16.2M invested in Sprott Physical Platinum and Palladium Trust in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3.6% less ownership
Funds ownership: 18.57% → 14.96% (-3.6%)
15% less capital invested
Capital invested by funds: $18.9M → $16.2M (-$2.77M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$53.9K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$39.5K |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$16.2K |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$13.1K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$7.69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$4.08M |
| 2 |
Jane Street
New York
|
-$245K |
| 3 |
VF
Virtu Financial
New York
|
-$211K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$167K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $2K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $2K | +$1.54K | +200 | New |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| $1K | +$769 | +100 | New |
|
|
CS
30
Credit Suisse
Zurich,
Switzerland
| – | -$167K | -24,180 | Closed |
|
|
VKH
31
Virtu KCG Holdings
New York
| – | -$82K | -11,904 | Closed |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$41K | -5,870 | Closed |
|
|
BBHC
33
Brown Brothers Harriman & Co
New York
| – | -$35K | -5,000 | Closed |
|
SPPP Hedge Fund Activity: Q1 2017 in Review
29 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q1 2017, worth a combined $16.2M — down 15% from $18.9M a quarter earlier.
Fund positioning in SPPP was balanced in Q1 2017: 4 funds opened new positions, 4 closed out, 5 added to existing stakes and 9 trimmed.
The largest buyer was US Bancorp, opening a new position worth an estimated $53.9K. The largest seller was Weiss Asset Management, cutting an estimated $4.08M.
- 29 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $16.2M of Sprott Physical Platinum and Palladium Trust stock for Q1 2017, down 15% quarter-over-quarter.
- 4 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q1 2017 and 4 closed out, a net change of 0 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q1 2017 was US Bancorp, an estimated $53.9K added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q1 2017 was Weiss Asset Management, an estimated $4.08M sold.
Based on aggregated 13F filings for Q1 2017.