Sprott Physical Platinum and Palladium Trust
SPPP
38 hedge funds and large institutions have $53.8M invested in Sprott Physical Platinum and Palladium Trust in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 9 closing their positions.
10% less funds holding
Funds holding: 42 → 38 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
42% less capital inflows, than outflows
Capital inflows: $5.74M | Capital outflows: $9.8M
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Weiss Asset Management
Boston,
Massachusetts
|
+$4.62M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$229K |
| 3 |
Virtu Financial
New York
|
+$177K |
| 4 |
BSW Wealth Partners
Boulder,
Colorado
|
+$98.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$81.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$4.35M |
| 2 |
Private Wealth Partners
Mill Valley,
California
|
-$1.79M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.08M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$870K |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
-$458K |
SPPP Hedge Fund Activity: Q4 2014 in Review
38 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q4 2014, worth a combined $53.8M — down 9.2% from $59.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SPPP and 6 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 6 added.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $4.62M. The largest seller was Polar Asset Management Partners, cutting an estimated $4.35M.
- 38 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q4 2014, down from 42 in Q3 2014.
- Funds reported $53.8M of Sprott Physical Platinum and Palladium Trust stock for Q4 2014, down 9.2% quarter-over-quarter.
- 6 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q4 2014 and 9 closed out, a net change of -3 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q4 2014 was Weiss Asset Management, an estimated $4.62M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q4 2014 was Polar Asset Management Partners, an estimated $4.35M sold.
Based on aggregated 13F filings for Q4 2014.