Sprott Physical Platinum and Palladium Trust
SPPP
28 hedge funds and large institutions have $16.5M invested in Sprott Physical Platinum and Palladium Trust in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 27 → 28 (+1)
1.9% less ownership
Funds ownership: 16.66% → 14.76% (-1.9%)
11% less capital invested
Capital invested by funds: $18.5M → $16.5M (-$2M)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$529K |
| 2 |
QC
QCM Cayman
Houston,
Texas
|
+$103K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$99.2K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$98K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$39.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.47M |
| 2 |
Cohen & Steers
New York
|
-$306K |
| 3 |
IA
Independence Advisors
Wayne,
Pennsylvania
|
-$80K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$56K |
| 5 |
Morgan Stanley
New York
|
-$37.1K |
SPPP Hedge Fund Activity: Q3 2017 in Review
28 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q3 2017, worth a combined $16.5M — down 11% from $18.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SPPP positions and 4 closed out — a net gain of 1 holder — while 3 added to existing stakes and 7 trimmed.
The largest buyer was Jane Street, adding an estimated $529K. The largest seller was Weiss Asset Management, cutting an estimated $3.47M.
- 28 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q3 2017, up from 27 in Q2 2017.
- Funds reported $16.5M of Sprott Physical Platinum and Palladium Trust stock for Q3 2017, down 11% quarter-over-quarter.
- 5 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q3 2017 and 4 closed out, a net change of +1 holder.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q3 2017 was Jane Street, an estimated $529K added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q3 2017 was Weiss Asset Management, an estimated $3.47M sold.
Based on aggregated 13F filings for Q3 2017.