Sprott Physical Platinum and Palladium Trust
SPPP
32 hedge funds and large institutions have $43.5M invested in Sprott Physical Platinum and Palladium Trust in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 8 closing their positions.
0.48% more ownership
Funds ownership: 22.19% → 22.67% (+0.48%)
16% less funds holding
Funds holding: 38 → 32 (-6)
19% less capital invested
Capital invested by funds: $53.7M → $43.5M (-$10.2M)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.96M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.38M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$45.3K |
| 4 |
TWA
TCI Wealth Advisors
Tucson,
Arizona
|
+$21.4K |
| 5 |
Jane Street
New York
|
+$20.2K |
Top Sellers
| 1 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$6.33M |
| 2 |
Morgan Stanley
New York
|
-$1.76M |
| 3 |
VF
Virtu Financial
New York
|
-$1.7M |
| 4 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$490K |
| 5 |
CG
Caprock Group
Boise,
Idaho
|
-$347K |
SPPP Hedge Fund Activity: Q1 2015 in Review
32 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q1 2015, worth a combined $43.5M — down 19% from $53.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SPPP and 2 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 6 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $2.96M. The largest seller was Teacher Retirement System of Texas, exiting entirely with an estimated $6.33M sold.
- 32 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q1 2015, down from 38 in Q4 2014.
- Funds reported $43.5M of Sprott Physical Platinum and Palladium Trust stock for Q1 2015, down 19% quarter-over-quarter.
- 2 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q1 2015 and 8 closed out, a net change of -6 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q1 2015 was Polar Asset Management Partners, an estimated $2.96M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q1 2015 was Teacher Retirement System of Texas, an estimated $6.33M sold.
Based on aggregated 13F filings for Q1 2015.