Sprott Physical Platinum and Palladium Trust
SPPP
27 hedge funds and large institutions have $14.2M invested in Sprott Physical Platinum and Palladium Trust in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 5 closing their positions.
7% more capital invested
Capital invested by funds: $13.3M → $14.2M (+$896K)
0.72% less ownership
Funds ownership: 14.62% → 13.9% (-0.72%)
4% less funds holding
Funds holding: 28 → 27 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.67M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$78.9K |
| 3 |
AIM
Arcadia Investment Management
Kalamazoo,
Michigan
|
+$74.1K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$33.9K |
| 5 |
JP Morgan Chase
New York
|
+$6.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.59M |
| 2 |
Cohen & Steers
New York
|
-$550K |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$510K |
| 4 |
Morgan Stanley
New York
|
-$201K |
| 5 |
VF
Virtu Financial
New York
|
-$189K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $2K | +$1.39K | +150 | +300% |
|
27
BlackRock
New York
| $1K | +$954 | +103 | New |
|
|
VF
28
Virtu Financial
New York
| – | -$189K | -21,580 | Closed |
|
29
LPL Financial
San Diego,
California
| – | -$133K | -15,193 | Closed |
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$126K | -14,375 | Closed |
|
|
GT
31
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$99K | -11,375 | Closed |
|
32
Bank of America
Charlotte,
North Carolina
| – | -$9K | -1,000 | Closed |
|
SPPP Hedge Fund Activity: Q4 2018 in Review
27 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q4 2018, worth a combined $14.2M — up 6.7% from $13.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPPP and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 4 added.
The largest buyer was Weiss Asset Management, adding an estimated $2.67M. The largest seller was Polar Asset Management Partners, cutting an estimated $1.59M.
- 27 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q4 2018, down from 28 in Q3 2018.
- Funds reported $14.2M of Sprott Physical Platinum and Palladium Trust stock for Q4 2018, up 6.7% quarter-over-quarter.
- 4 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q4 2018 and 5 closed out, a net change of -1 holder.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q4 2018 was Weiss Asset Management, an estimated $2.67M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q4 2018 was Polar Asset Management Partners, an estimated $1.59M sold.
Based on aggregated 13F filings for Q4 2018.