Sprott Physical Platinum and Palladium Trust
SPPP
29 hedge funds and large institutions have $20.2M invested in Sprott Physical Platinum and Palladium Trust in 2019 Q4 according to their latest regulatory filings, with 6 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
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
35% more capital invested
Capital invested by funds: $15M → $20.2M (+$5.19M)
12% more funds holding
Funds holding: 26 → 29 (+3)
4.16% more ownership
Funds ownership: 13.97% → 18.12% (+4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$4.49M |
| 2 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$746K |
| 3 |
Jane Street
New York
|
+$655K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$440K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$368K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$1.79M |
| 2 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$1.75M |
| 3 |
MWC
MKD Wealth Coaches
Troy,
Michigan
|
-$93.2K |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$15K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$9.98K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BB
26
Busey Bank
Urbana,
Illinois
| $7K | +$6.65K | +500 | New |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $4K | +$4.27K | +321 | New |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $3K | – | – | – |
|
|
SI
29
Sprott Inc
Toronto,
Ontario, Canada
| $452 | – | – | – |
|
|
30
Cohen & Steers
New York
| – | -$1.79M | -140,229 | Closed |
|
|
BCM
31
Barometer Capital Management
Toronto,
Ontario, Canada
| – | -$1.75M | -136,800 | Closed |
|
|
GWM
32
Geneos Wealth Management
Englewood,
Colorado
| – | -$15K | -1,200 | Closed |
|
SPPP Hedge Fund Activity: Q4 2019 in Review
29 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q4 2019, worth a combined $20.2M — up 35% from $15M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SPPP positions and 3 closed out — a net gain of 3 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Boothbay Fund Management, adding an estimated $4.49M. The largest seller was Cohen & Steers, exiting entirely with an estimated $1.79M sold.
- 29 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q4 2019, up from 26 in Q3 2019.
- Funds reported $20.2M of Sprott Physical Platinum and Palladium Trust stock for Q4 2019, up 35% quarter-over-quarter.
- 6 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q4 2019 and 3 closed out, a net change of +3 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q4 2019 was Boothbay Fund Management, an estimated $4.49M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q4 2019 was Cohen & Steers, an estimated $1.79M sold.
Based on aggregated 13F filings for Q4 2019.