Sprott Physical Platinum and Palladium Trust
SPPP
34 hedge funds and large institutions have $22.9M invested in Sprott Physical Platinum and Palladium Trust in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 6 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
6% more capital invested
Capital invested by funds: $21.5M → $22.9M (+$1.36M)
0.3% more ownership
Funds ownership: 14.05% → 14.35% (+0.3%)
6% less funds holding
Funds holding: 36 → 34 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.17M |
| 2 |
BONST
Bank of Nova Scotia Trust
Toronto,
Ontario, Canada
|
+$397K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$349K |
| 4 |
Morgan Stanley
New York
|
+$342K |
| 5 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$891K |
| 2 |
Cohen & Steers
New York
|
-$420K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$34.1K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$22.8K |
| 5 |
ME
McIlrath & Eck
Arlington,
Washington
|
-$19K |
SPPP Hedge Fund Activity: Q2 2021 in Review
34 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q2 2021, worth a combined $22.9M — up 6.3% from $21.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SPPP and 4 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 15 added.
The largest buyer was Jane Street, adding an estimated $1.17M. The largest seller was Financial Advocates Investment Management, exiting entirely with an estimated $891K sold.
- 34 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q2 2021, down from 36 in Q1 2021.
- Funds reported $22.9M of Sprott Physical Platinum and Palladium Trust stock for Q2 2021, up 6.3% quarter-over-quarter.
- 4 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q2 2021 and 6 closed out, a net change of -2 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q2 2021 was Jane Street, an estimated $1.17M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q2 2021 was Financial Advocates Investment Management, an estimated $891K sold.
Based on aggregated 13F filings for Q2 2021.