Sprott Physical Platinum and Palladium Trust
SPPP
25 hedge funds and large institutions have $14.3M invested in Sprott Physical Platinum and Palladium Trust in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 5 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
7.16% less ownership
Funds ownership: 19.84% → 12.67% (-7.2%)
14% less funds holding
Funds holding: 29 → 25 (-4)
41% less capital invested
Capital invested by funds: $24.4M → $14.3M (-$10.1M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$147K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$81.7K |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$61.6K |
| 4 |
VF
Virtu Financial
New York
|
+$50.8K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$33.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$7.02M |
| 2 |
Jane Street
New York
|
-$1.4M |
| 3 |
SC
SouthState Corp
Winter Haven,
Florida
|
-$187K |
| 4 |
QC
QCM Cayman
Houston,
Texas
|
-$173K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$109K |
SPPP Hedge Fund Activity: Q1 2018 in Review
25 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q1 2018, worth a combined $14.3M — down 41% from $24.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPPP and 1 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Belpointe Asset Management, opening a new position worth an estimated $147K. The largest seller was Weiss Asset Management, cutting an estimated $7.02M.
- 25 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q1 2018, down from 29 in Q4 2017.
- Funds reported $14.3M of Sprott Physical Platinum and Palladium Trust stock for Q1 2018, down 41% quarter-over-quarter.
- 1 fund opened new Sprott Physical Platinum and Palladium Trust positions in Q1 2018 and 5 closed out, a net change of -4 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q1 2018 was Belpointe Asset Management, an estimated $147K added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q1 2018 was Weiss Asset Management, an estimated $7.02M sold.
Based on aggregated 13F filings for Q1 2018.