Sprott Physical Platinum and Palladium Trust
SPPP
30 hedge funds and large institutions have $16.9M invested in Sprott Physical Platinum and Palladium Trust in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 3 reducing their positions, and 3 closing their positions.
333% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 3
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
33% more capital invested
Capital invested by funds: $12.7M → $16.9M (+$4.17M)
7% more funds holding
Funds holding: 28 → 30 (+2)
2.22% more ownership
Funds ownership: 12.3% → 14.52% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$994K |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$597K |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$554K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$270K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$261K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$165K |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$21.3K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$11.4K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.93K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FDCDDQ
26
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $24.8K | +$11.5K | +700 | +100% |
|
|
ME
27
McIlrath & Eck
Arlington,
Washington
| $18K | – | – | – |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| $17K | +$16.4K | +1,000 | New |
|
|
IAIM
29
International Assets Investment Management
Orlando,
Florida
| $9K | +$8.21K | +500 | New |
|
|
GWM
30
Geneos Wealth Management
Englewood,
Colorado
| $2K | -$21.3K | -1,300 | -90% |
|
|
31
Jane Street
New York
| – | -$261K | -16,486 | Closed |
|
|
OMC
32
Old Mission Capital
Chicago,
Illinois
| – | -$165K | -10,431 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$4K | -242 | Closed |
|
SPPP Hedge Fund Activity: Q4 2020 in Review
30 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q4 2020, worth a combined $16.9M — up 33% from $12.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SPPP positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 3 trimmed.
The largest buyer was Stifel Financial, opening a new position worth an estimated $994K. The largest seller was Jane Street, exiting entirely with an estimated $261K sold.
- 30 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q4 2020, up from 28 in Q3 2020.
- Funds reported $16.9M of Sprott Physical Platinum and Palladium Trust stock for Q4 2020, up 33% quarter-over-quarter.
- 5 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q4 2020 and 3 closed out, a net change of +2 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q4 2020 was Stifel Financial, an estimated $994K added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q4 2020 was Jane Street, an estimated $261K sold.
Based on aggregated 13F filings for Q4 2020.