Sprott Physical Platinum and Palladium Trust
SPPP
27 hedge funds and large institutions have $18.5M invested in Sprott Physical Platinum and Palladium Trust in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 4 closing their positions.
15% more capital invested
Capital invested by funds: $16.2M → $18.5M (+$2.36M)
1.7% more ownership
Funds ownership: 14.96% → 16.66% (+1.7%)
7% less funds holding
Funds holding: 29 → 27 (-2)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.32M |
| 2 |
Cohen & Steers
New York
|
+$712K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$164K |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$6.62K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$818K |
| 2 |
VF
Virtu Financial
New York
|
-$604K |
| 3 |
CG
Caprock Group
Boise,
Idaho
|
-$311K |
| 4 |
LPL Financial
San Diego,
California
|
-$249K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
CG
27
Caprock Group
Boise,
Idaho
| – | -$311K | -40,160 | Closed |
|
|
28
LPL Financial
San Diego,
California
| – | -$249K | -31,900 | Closed |
|
|
OMC
29
Old Mission Capital
Chicago,
Illinois
| – | -$103K | -13,242 | Closed |
|
30
UBS Group
Zurich,
Switzerland
| – | -$78K | -9,994 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | +$3.94K | +500 | +250% |
|
SPPP Hedge Fund Activity: Q2 2017 in Review
27 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q2 2017, worth a combined $18.5M — up 15% from $16.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SPPP and 2 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was Weiss Asset Management, adding an estimated $3.32M. The largest seller was Morgan Stanley, cutting an estimated $818K.
- 27 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q2 2017, down from 29 in Q1 2017.
- Funds reported $18.5M of Sprott Physical Platinum and Palladium Trust stock for Q2 2017, up 15% quarter-over-quarter.
- 2 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q2 2017 and 4 closed out, a net change of -2 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q2 2017 was Weiss Asset Management, an estimated $3.32M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q2 2017 was Morgan Stanley, an estimated $818K sold.
Based on aggregated 13F filings for Q2 2017.