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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.19M |
| 2 |
Morgan Stanley
New York
|
+$788K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$557K |
| 4 |
WP
WMS Partners
Towson,
Maryland
|
+$275K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.97M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$848K |
| 3 |
Cohen & Steers
New York
|
-$665K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$208K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$174K |
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.