Sprott Physical Platinum and Palladium Trust
SPPP
27 hedge funds and large institutions have $13.1M invested in Sprott Physical Platinum and Palladium Trust in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
8% more funds holding
Funds holding: 25 → 27 (+2)
0.24% more ownership
Funds ownership: 12.67% → 12.91% (+0.24%)
8% less capital invested
Capital invested by funds: $14.3M → $13.1M (-$1.19M)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.05M |
| 2 |
Jane Street
New York
|
+$367K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$107K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$73.4K |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$46.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.62M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$917K |
| 3 |
Morgan Stanley
New York
|
-$546K |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$136K |
| 5 |
Cohen & Steers
New York
|
-$119K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | +$1.72K | +200 | New |
|
|
BAM
27
Belpointe Asset Management
Reno,
Nevada
| – | -$136K | -15,981 | Closed |
|
SPPP Hedge Fund Activity: Q2 2018 in Review
27 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q2 2018, worth a combined $13.1M — down 8.3% from $14.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SPPP positions and 1 closed out — a net gain of 2 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Weiss Asset Management, adding an estimated $2.05M. The largest seller was Virtu Financial, cutting an estimated $1.62M.
- 27 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q2 2018, up from 25 in Q1 2018.
- Funds reported $13.1M of Sprott Physical Platinum and Palladium Trust stock for Q2 2018, down 8.3% quarter-over-quarter.
- 3 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q2 2018 and 1 closed out, a net change of +2 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q2 2018 was Weiss Asset Management, an estimated $2.05M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q2 2018 was Virtu Financial, an estimated $1.62M sold.
Based on aggregated 13F filings for Q2 2018.