Sprott Physical Platinum and Palladium Trust
SPPP
28 hedge funds and large institutions have $12.7M invested in Sprott Physical Platinum and Palladium Trust in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 5 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
17% more funds holding
Funds holding: 24 → 28 (+4)
0.67% more ownership
Funds ownership: 11.63% → 12.3% (+0.67%)
2% less capital invested
Capital invested by funds: $13M → $12.7M (-$242K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.23M |
| 2 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$298K |
| 3 |
Jane Street
New York
|
+$259K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$167K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$2.96M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.38M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$235K |
| 4 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$141K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$30K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FDCDDQ
26
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $10.6K | +$11K | +700 | New |
|
|
SFS
27
Sowell Financial Services
North Little Rock,
Arkansas
| $9K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $4K | +$3.79K | +242 | New |
|
|
WAM
29
Weiss Asset Management
Boston,
Massachusetts
| – | -$1.38M | -97,899 | Closed |
|
|
ACM
30
Advisors Capital Management
Ridgewood,
New Jersey
| – | -$141K | -10,000 | Closed |
|
|
BFEC
31
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$30K | -2,100 | Closed |
|
|
PAG
32
Private Advisor Group
Morristown,
New Jersey
| – | -$4K | -250 | Closed |
|
|
HI
33
Hudock Inc
Williamsport,
Pennsylvania
| – | -$2K | -168 | Closed |
|
SPPP Hedge Fund Activity: Q3 2020 in Review
28 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q3 2020, worth a combined $12.7M — down 1.9% from $13M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SPPP positions and 5 closed out — a net gain of 4 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.23M. The largest seller was Boothbay Fund Management, cutting an estimated $2.96M.
- 28 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q3 2020, up from 24 in Q2 2020.
- Funds reported $12.7M of Sprott Physical Platinum and Palladium Trust stock for Q3 2020, down 1.9% quarter-over-quarter.
- 9 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q3 2020 and 5 closed out, a net change of +4 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q3 2020 was Cohen & Steers, an estimated $1.23M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q3 2020 was Boothbay Fund Management, an estimated $2.96M sold.
Based on aggregated 13F filings for Q3 2020.