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SPPP

Sprott Physical Platinum and Palladium Trust

30 hedge funds and large institutions have $37.8M invested in Sprott Physical Platinum and Palladium Trust in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.9% more ownership

Funds ownership: 22.67%23.57% (+0.9%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less funds holding

Funds holding: 3230 (-2)

13% less capital invested

Capital invested by funds: $43.5M → $37.8M (-$5.64M)

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

62% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 13

Holders
30
Holders Change
-2
Holders Change %
-6.25%
% of All Funds
0.81%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
2
Increased
5
Reduced
13
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAMP
1
Polar Asset Management Partners
Ontario, Canada
$13.5M +$713K +87,257 +5%
VF
2
Virtu Financial
New York
$6.86M -$2.3M -281,774 -24%
WAM
3
Weiss Asset Management
Massachusetts
$5.07M -$123K -15,022 -2%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$4.89M -$735K -89,928 -12%
Morgan Stanley
5
Morgan Stanley
New York
$2.73M -$80K -9,789 -3%
RJA
6
Raymond James & Associates
Florida
$1.94M -$166K -20,313 -7%
SI
7
Sprott Inc
Ontario, Canada
$616K -$9.81K -1,200 -1%
Jane Street
8
Jane Street
New York
$505K +$328K +40,101 +146%
LPL Financial
9
LPL Financial
California
$317K -$105K -12,856 -23%
PWP
10
Private Wealth Partners
California
$285K +$311K +38,000 New
OC
11
Oppenheimer & Co
New York
$167K -$1.29K -158 -0.7%
WSTAM
12
Wilbanks Smith & Thomas Asset Management
Virginia
$150K
SC
13
Scotia Capital
Ontario, Canada
$115K +$24.5K +3,000 +24%
NPC
14
National Planning Corporation
California
$110K -$1.35K -165 -1%
Bank of America
15
Bank of America
North Carolina
$108K +$30.7K +3,750 +35%
UBS Group
16
UBS Group
Switzerland
$93K +$19.9K +2,435 +24%
BWP
17
BSW Wealth Partners
Colorado
$85K
Deutsche Bank
18
Deutsche Bank
Germany
$83K -$17.2K -2,100 -16%
SI
19
SII Investments
Wisconsin
$76K
ISL
20
Ingalls & Snyder LLC
New York
$74K
TWA
21
TCI Wealth Advisors
Arizona
$19K
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$18K -$490 -60 -2%
Wells Fargo
23
Wells Fargo
California
$17K -$23.7K -2,900 -56%
BCMIO
24
Beacon Capital Management Inc (Ohio)
Ohio
$9K
CTC
25
Central Trust Company
Missouri
$6K

SPPP Hedge Fund Activity: Q2 2015 in Review

30 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q2 2015, worth a combined $37.8M — down 13% from $43.5M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of SPPP and 2 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 5 added.

The largest buyer was Polar Asset Management Partners, adding an estimated $713K. The largest seller was Virtu Financial, cutting an estimated $2.3M.

  • 30 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q2 2015, down from 32 in Q1 2015.
  • Funds reported $37.8M of Sprott Physical Platinum and Palladium Trust stock for Q2 2015, down 13% quarter-over-quarter.
  • 2 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q2 2015 and 4 closed out, a net change of -2 holders.
  • The largest Sprott Physical Platinum and Palladium Trust buyer in Q2 2015 was Polar Asset Management Partners, an estimated $713K added.
  • The largest Sprott Physical Platinum and Palladium Trust seller in Q2 2015 was Virtu Financial, an estimated $2.3M sold.

Based on aggregated 13F filings for Q2 2015.