Sprott Physical Platinum and Palladium Trust
SPPP
28 hedge funds and large institutions have $15.1M invested in Sprott Physical Platinum and Palladium Trust in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
6% more capital invested
Capital invested by funds: $14.2M → $15.1M (+$856K)
4% more funds holding
Funds holding: 27 → 28 (+1)
0.8% more ownership
Funds ownership: 13.9% → 14.69% (+0.8%)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWC
MKD Wealth Coaches
Troy,
Michigan
|
+$2.59M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$2.24M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$364K |
| 4 |
WC
Wexford Capital
West Palm Beach,
Florida
|
+$154K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.45M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.76M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$594K |
| 4 |
Cohen & Steers
New York
|
-$371K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$155K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $2K | – | – | – |
|
|
TFA
27
Toth Financial Advisory
Leesburg,
Virginia
| $2K | +$1.64K | +150 | New |
|
|
SI
28
Sprott Inc
Toronto,
Ontario, Canada
| $331 | -$61.3K | -5,600 | -15% |
|
|
OC
29
Oppenheimer & Co
New York
| – | -$155K | -15,765 | Closed |
|
|
AIM
30
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$79K | -8,000 | Closed |
|
31
JP Morgan Chase
New York
| – | -$7K | -751 | Closed |
|
32
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -200 | Closed |
|
33
BlackRock
New York
| – | -$1K | -103 | Closed |
|
SPPP Hedge Fund Activity: Q1 2019 in Review
28 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q1 2019, worth a combined $15.1M — up 6% from $14.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SPPP positions and 5 closed out — a net gain of 1 holder — while 5 added to existing stakes and 9 trimmed.
The largest buyer was MKD Wealth Coaches, opening a new position worth an estimated $2.59M. The largest seller was Weiss Asset Management, cutting an estimated $2.45M.
- 28 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q1 2019, up from 27 in Q4 2018.
- Funds reported $15.1M of Sprott Physical Platinum and Palladium Trust stock for Q1 2019, up 6% quarter-over-quarter.
- 6 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q1 2019 and 5 closed out, a net change of +1 holder.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q1 2019 was MKD Wealth Coaches, an estimated $2.59M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q1 2019 was Weiss Asset Management, an estimated $2.45M sold.
Based on aggregated 13F filings for Q1 2019.