Sprott Physical Platinum and Palladium Trust
SPPP
46 hedge funds and large institutions have $19.7M invested in Sprott Physical Platinum and Palladium Trust in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 11 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
1.51% more ownership
Funds ownership: 16.36% → 17.86% (+1.5%)
0% less capital invested
Capital invested by funds: $19.7M → $19.7M (-$35.5K)
12% less funds holding
Funds holding: 52 → 46 (-6)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$867K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$388K |
| 4 |
BONST
Bank of Nova Scotia Trust
Toronto,
Ontario, Canada
|
+$248K |
| 5 |
Morgan Stanley
New York
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$517K |
| 2 |
LOPW
Live Oak Private Wealth
Wilmington,
North Carolina
|
-$427K |
| 3 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$222K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$219K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$145K |
SPPP Hedge Fund Activity: Q2 2023 in Review
46 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q2 2023, worth a combined $19.7M — down 0.18% from $19.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SPPP and 5 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2M. The largest seller was Jane Street, cutting an estimated $517K.
- 46 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q2 2023, down from 52 in Q1 2023.
- Funds reported $19.7M of Sprott Physical Platinum and Palladium Trust stock for Q2 2023, down 0.18% quarter-over-quarter.
- 5 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q2 2023 and 11 closed out, a net change of -6 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q2 2023 was Royal Bank of Canada, an estimated $2M added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q2 2023 was Jane Street, an estimated $517K sold.
Based on aggregated 13F filings for Q2 2023.