Sprott Physical Platinum and Palladium Trust
SPPP
42 hedge funds and large institutions have $15.8M invested in Sprott Physical Platinum and Palladium Trust in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 8 closing their positions.
4.9% less ownership
Funds ownership: 18.37% → 13.46% (-4.9%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
13% less funds holding
Funds holding: 48 → 42 (-6)
19% less capital invested
Capital invested by funds: $19.3M → $15.8M (-$3.58M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$1.01M |
| 2 |
NC
Nokomis Capital
Dallas,
Texas
|
+$327K |
| 3 |
SIM
Seaview Investment Managers
Miami,
Florida
|
+$76.5K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$74K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$63.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.57M |
| 2 |
Morgan Stanley
New York
|
-$927K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$559K |
| 4 |
LCC
Lincoln Capital Corp
East Greenwich,
Rhode Island
|
-$513K |
| 5 |
WP
WMS Partners
Towson,
Maryland
|
-$276K |
SPPP Hedge Fund Activity: Q1 2024 in Review
42 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q1 2024, worth a combined $15.8M — down 19% from $19.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SPPP and 4 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $1.01M. The largest seller was Jane Street, cutting an estimated $2.57M.
- 42 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q1 2024, down from 48 in Q4 2023.
- Funds reported $15.8M of Sprott Physical Platinum and Palladium Trust stock for Q1 2024, down 19% quarter-over-quarter.
- 4 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q1 2024 and 8 closed out, a net change of -4 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q1 2024 was Federation des caisses Desjardins du Quebec, an estimated $1.01M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q1 2024 was Jane Street, an estimated $2.57M sold.
Based on aggregated 13F filings for Q1 2024.