Sprott Physical Platinum and Palladium Trust
SPPP
26 hedge funds and large institutions have $15M invested in Sprott Physical Platinum and Palladium Trust in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 3 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 25 → 26 (+1)
0.49% more ownership
Funds ownership: 13.48% → 13.97% (+0.49%)
2% less capital invested
Capital invested by funds: $15.3M → $15M (-$313K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$1.61M |
| 2 |
Cohen & Steers
New York
|
+$612K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$360K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$167K |
| 5 |
Jane Street
New York
|
+$142K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$2.18M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.07M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$525K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$144K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$17K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $2K | – | – | – |
|
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$525K | -45,546 | Closed |
|
|
CAN
28
Cetera Advisor Networks
El Segundo,
California
| – | -$144K | -12,451 | Closed |
|
|
29
UBS Group
Zurich,
Switzerland
| – | -$17K | -1,476 | Closed |
|
SPPP Hedge Fund Activity: Q3 2019 in Review
26 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q3 2019, worth a combined $15M — down 2% from $15.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPPP positions and 3 closed out — a net gain of 1 holder — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Barometer Capital Management, opening a new position worth an estimated $1.61M. The largest seller was Boothbay Fund Management, cutting an estimated $2.18M.
- 26 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q3 2019, up from 25 in Q2 2019.
- Funds reported $15M of Sprott Physical Platinum and Palladium Trust stock for Q3 2019, down 2% quarter-over-quarter.
- 4 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q3 2019 and 3 closed out, a net change of +1 holder.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q3 2019 was Barometer Capital Management, an estimated $1.61M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q3 2019 was Boothbay Fund Management, an estimated $2.18M sold.
Based on aggregated 13F filings for Q3 2019.