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SPPP

Sprott Physical Platinum and Palladium Trust
SPPP

48 hedge funds and large institutions have $19.3M invested in Sprott Physical Platinum and Palladium Trust in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

4% more funds holding

Funds holding: 46 → 48 (+2)

0.73% less ownership

Funds ownership: 19.1% → 18.37% (-0.73%)

10% less capital invested

Capital invested by funds: $21.4M → $19.3M (-$2.03M)

23% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 13

Holders
48
Holders Change
+2
Holders Change %
+4.35%
% of All Funds
0.7%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
10
Reduced
13
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$1.19M
2
Morgan Stanley
Morgan Stanley
New York
+$788K
3
WAM
Wolverine Asset Management
Illinois
+$557K
4
WP
WMS Partners
Maryland
+$275K
5
RJA
Raymond James & Associates
Florida
+$236K

Top Sellers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$1.97M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$848K
3
Cohen & Steers
Cohen & Steers
New York
-$665K
4
Stifel Financial
Stifel Financial
Missouri
-$208K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$174K
Name Holding Trade Value Shares
Change 		Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$93K -$1.97M -196,403 -96%
MSG
27
Main Street Group
Virginia
$81.6K +$81.2K +8,084 New
ICM
28
Islay Capital Management
Texas
$50.5K – – –
Osaic Holdings
29
Osaic Holdings
Arizona
$40.1K -$11K -1,099 -22%
HCM
30
Hollencrest Capital Management
California
$31.8K -$1.91K -190 -6%
IA
31
IFP Advisors
Florida
$30.3K – – –
Toronto Dominion Bank
32
Toronto Dominion Bank
Ontario, Canada
$28.3K +$7.42K +739 +36%
UBS Group
33
UBS Group
Switzerland
$25.4K +$24.2K +2,412 +2,319%
TWM
34
Tradition Wealth Management
Minnesota
$23K – – –
AA
35
Ancora Advisors
Ohio
$20.2K -$65.3K -6,500 -76%
SIS
36
Strategic Investment Solutions
Illinois
$18.7K +$18.7K +1,858 New
CT
37
Caldwell Trust
Florida
$16.5K – – –
BWP
38
Baldwin Wealth Partners
Massachusetts
$10.1K – – –
CFB
39
Cullen/Frost Bankers
Texas
$10.1K – – –
TLCM
40
Twin Lakes Capital Management
California
$10.1K – – –
Carson Wealth (CWM LLC)
41
Carson Wealth (CWM LLC)
Nebraska
$10K – – –
TWC
42
TD Waterhouse Canada
Ontario, Canada
$9.59K – – –
AWM
43
Avior Wealth Management
Nebraska
$6.69K – – –
ASN
44
Advisory Services Network
Georgia
$6.05K +$6.03K +600 New
GWM
45
Geneos Wealth Management
Colorado
$1.51K – – –
LFA
46
LGT Financial Advisors
Texas
$1.01K -$502 -50 -33%
BWM
47
Baystate Wealth Management
Massachusetts
$1.01K – – –
Bank of America
48
Bank of America
North Carolina
$1.01K +$1K +100 New
Cohen & Steers
49
Cohen & Steers
New York
– -$665K -61,774 Closed
BCM
50
Brookstone Capital Management
Illinois
– -$151K -14,818 Closed
1
2
3

SPPP Hedge Fund Activity: Q4 2023 in Review

48 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q4 2023, worth a combined $19.3M — down 9.5% from $21.4M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new SPPP positions and 5 closed out — a net gain of 2 holders — while 10 added to existing stakes and 13 trimmed.

The largest buyer was Jane Street, adding an estimated $1.19M. The largest seller was Royal Bank of Canada, cutting an estimated $1.97M.

  • 48 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q4 2023, up from 46 in Q3 2023.
  • Funds reported $19.3M of Sprott Physical Platinum and Palladium Trust stock for Q4 2023, down 9.5% quarter-over-quarter.
  • 7 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q4 2023 and 5 closed out, a net change of +2 holders.
  • The largest Sprott Physical Platinum and Palladium Trust buyer in Q4 2023 was Jane Street, an estimated $1.19M added.
  • The largest Sprott Physical Platinum and Palladium Trust seller in Q4 2023 was Royal Bank of Canada, an estimated $1.97M sold.

Based on aggregated 13F filings for Q4 2023.