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SPPP

Sprott Physical Platinum and Palladium Trust

28 hedge funds and large institutions have $13.3M invested in Sprott Physical Platinum and Palladium Trust in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

4% more funds holding

Funds holding: 2728 (+1)

1.7% more ownership

Funds ownership: 12.91%14.62% (+1.7%)

2% more capital invested

Capital invested by funds: $13.1M → $13.3M (+$239K)

78% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 9

Holders
28
Holders Change
+1
Holders Change %
+3.7%
% of All Funds
0.64%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
2
Reduced
9
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAMP
1
Polar Asset Management Partners
Ontario, Canada
$4.42M +$212K +26,380 +6%
WAM
2
Weiss Asset Management
Massachusetts
$2.63M -$21.2K -2,630 -0.9%
Cohen & Steers
3
Cohen & Steers
New York
$1.5M
Morgan Stanley
4
Morgan Stanley
New York
$894K -$52.7K -6,555 -6%
RJA
5
Raymond James & Associates
Florida
$833K -$76.2K -9,475 -9%
SI
6
Sprott Inc
Ontario, Canada
$806K -$2.25K -280 -0.3%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$526K -$7.27K -903 -1%
Jane Street
8
Jane Street
New York
$324K -$427K -53,042 -59%
VF
9
Virtu Financial
New York
$189K -$265K -32,896 -60%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$148K
OC
11
Oppenheimer & Co
New York
$141K -$145 -18 -0.1%
LPL Financial
12
LPL Financial
California
$133K
Wells Fargo
13
Wells Fargo
California
$129K +$38.5K +4,780 +48%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$126K -$129K -16,041 -53%
CAN
15
Cetera Advisor Networks
California
$110K
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$107K +$98.1K +12,191 New
GT
17
Glenmede Trust
Pennsylvania
$99K +$91.5K +11,375 New
FAAS
18
First Allied Advisory Services
California
$88K
APA
19
American Portfolios Advisors
New York
$26.3K
TWA
20
TCI Wealth Advisors
Arizona
$22K
BFEC
21
Benjamin F. Edwards & Company
Missouri
$18K
Toronto Dominion Bank
22
Toronto Dominion Bank
Ontario, Canada
$18K
GWM
23
Geneos Wealth Management
Colorado
$10K +$9.65K +1,200 New
Bank of America
24
Bank of America
North Carolina
$9K
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$4K

SPPP Hedge Fund Activity: Q3 2018 in Review

28 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q3 2018, worth a combined $13.3M — up 1.8% from $13.1M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new SPPP positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 9 trimmed.

The largest buyer was Polar Asset Management Partners, adding an estimated $212K. The largest seller was Jane Street, cutting an estimated $427K.

  • 28 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q3 2018, up from 27 in Q2 2018.
  • Funds reported $13.3M of Sprott Physical Platinum and Palladium Trust stock for Q3 2018, up 1.8% quarter-over-quarter.
  • 3 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q3 2018 and 2 closed out, a net change of +1 holder.
  • The largest Sprott Physical Platinum and Palladium Trust buyer in Q3 2018 was Polar Asset Management Partners, an estimated $212K added.
  • The largest Sprott Physical Platinum and Palladium Trust seller in Q3 2018 was Jane Street, an estimated $427K sold.

Based on aggregated 13F filings for Q3 2018.