Sprott Physical Platinum and Palladium Trust
SPPP
40 hedge funds and large institutions have $61.5M invested in Sprott Physical Platinum and Palladium Trust in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 2 closing their positions.
26% more capital invested
Capital invested by funds: $48.7M → $61.5M (+$12.8M)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
3.91% more ownership
Funds ownership: 20.8% → 24.71% (+3.9%)
0% more funds holding
Funds holding: 40 → 40 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$11.1M |
| 2 |
Jane Street
New York
|
+$705K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$490K |
| 4 |
PWP
Private Wealth Partners
Mill Valley,
California
|
+$215K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.37M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$783K |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$347K |
| 4 |
WG
Winchester Group
New York
|
-$259K |
| 5 |
Neuberger Berman Group
New York
|
-$139K |
SPPP Hedge Fund Activity: Q3 2013 in Review
40 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q3 2013, worth a combined $61.5M — up 26% from $48.7M a quarter earlier.
Fund positioning in SPPP was balanced in Q3 2013: 2 funds opened new positions, 2 closed out, 10 added to existing stakes and 9 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $11.1M. The largest seller was Federated Hermes, cutting an estimated $1.37M.
- 40 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $61.5M of Sprott Physical Platinum and Palladium Trust stock for Q3 2013, up 26% quarter-over-quarter.
- 2 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q3 2013 and 2 closed out, a net change of 0 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q3 2013 was Polar Asset Management Partners, an estimated $11.1M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q3 2013 was Federated Hermes, an estimated $1.37M sold.
Based on aggregated 13F filings for Q3 2013.