Sprott Physical Platinum and Palladium Trust
SPPP
52 hedge funds and large institutions have $19.4M invested in Sprott Physical Platinum and Palladium Trust in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
6% more funds holding
Funds holding: 49 → 52 (+3)
0.52% less ownership
Funds ownership: 16.87% → 16.36% (-0.52%)
12% less capital invested
Capital invested by funds: $22M → $19.4M (-$2.59M)
Top Buyers
Top Sellers
| 1 |
Jane Street
New York
|
-$765K |
| 2 |
WP
WMS Partners
Towson,
Maryland
|
-$403K |
| 3 |
BONST
Bank of Nova Scotia Trust
Toronto,
Ontario, Canada
|
-$272K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$262K |
| 5 |
LPL Financial
San Diego,
California
|
-$62.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWM
51
Baystate Wealth Management
Boston,
Massachusetts
| $1.22K | – | – | – |
|
52
Commonwealth Equity Services
Waltham,
Massachusetts
| $302 | – | – | – |
|
|
WP
53
WMS Partners
Towson,
Maryland
| – | -$403K | -29,590 | Closed |
|
|
BONST
54
Bank of Nova Scotia Trust
Toronto,
Ontario, Canada
| – | -$272K | -20,000 | Closed |
|
|
WAM
55
Wolverine Asset Management
Chicago,
Illinois
| – | -$13 | -1 | Closed |
|
SPPP Hedge Fund Activity: Q1 2023 in Review
52 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q1 2023, worth a combined $19.4M — down 12% from $22M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SPPP positions and 3 closed out — a net gain of 4 holders — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $755K. The largest seller was Jane Street, cutting an estimated $765K.
- 52 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q1 2023, up from 49 in Q4 2022.
- Funds reported $19.4M of Sprott Physical Platinum and Palladium Trust stock for Q1 2023, down 12% quarter-over-quarter.
- 7 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q1 2023 and 3 closed out, a net change of +4 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q1 2023 was Envestnet Asset Management, an estimated $755K added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q1 2023 was Jane Street, an estimated $765K sold.
Based on aggregated 13F filings for Q1 2023.