Sprott Physical Platinum and Palladium Trust
SPPP
28 hedge funds and large institutions have $13.3M invested in Sprott Physical Platinum and Palladium Trust in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 27 → 28 (+1)
1.7% more ownership
Funds ownership: 12.91% → 14.62% (+1.7%)
2% more capital invested
Capital invested by funds: $13.1M → $13.3M (+$239K)
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$212K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$98.1K |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$91.5K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$38.5K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$9.65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$427K |
| 2 |
VF
Virtu Financial
New York
|
-$265K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$129K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$76.2K |
| 5 |
Morgan Stanley
New York
|
-$52.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $2K | – | – | – |
|
27
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| – | -$16K | -1,990 | Closed |
|
|
AWM
29
Avior Wealth Management
Omaha,
Nebraska
| – | -$4K | -500 | Closed |
|
SPPP Hedge Fund Activity: Q3 2018 in Review
28 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q3 2018, worth a combined $13.3M — up 1.8% from $13.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SPPP positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 9 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $212K. The largest seller was Jane Street, cutting an estimated $427K.
- 28 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q3 2018, up from 27 in Q2 2018.
- Funds reported $13.3M of Sprott Physical Platinum and Palladium Trust stock for Q3 2018, up 1.8% quarter-over-quarter.
- 3 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q3 2018 and 2 closed out, a net change of +1 holder.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q3 2018 was Polar Asset Management Partners, an estimated $212K added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q3 2018 was Jane Street, an estimated $427K sold.
Based on aggregated 13F filings for Q3 2018.