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Sprott Physical Gold & Silver Trust

CEF
Exchange
NYSE
Industry
Commodity Contracts Brokers & Dealers
SEC CIK
0001726122

No open-market purchases or sales by Sprott Physical Gold & Silver Trust insiders were filed in the last 90 days; 447 institutions reported holding it in 13F filings for Q2 2026, worth $2.25B in total; no superinvestor holds it.

13F holders, Q4 2023

Institutional positions in Sprott Physical Gold & Silver Trust as of Dec 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
294
+4 vs. Q3 2023
Shares held
71.2M
+569.8K (+0.8%) vs. Q3 2023
Total value
$1.36B
+$123.1M (+9.9%) vs. Q3 2023
New holders
30
69 more added
Sold out
26
94 more reduced

1 institution that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CEF on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2023: 294 institutions
Q1 2021: 253 institutionsQ2 2021: 264 institutionsQ3 2021: 269 institutionsQ4 2021: 289 institutionsQ1 2022: 274 institutionsQ2 2022: 281 institutionsQ3 2022: 275 institutionsQ4 2022: 285 institutionsQ1 2023: 282 institutionsQ2 2023: 282 institutionsQ3 2023: 291 institutionsQ4 2023: 294 institutionsQ1 2024: 296 institutionsQ2 2024: 315 institutionsQ3 2024: 330 institutionsQ4 2024: 356 institutionsQ1 2025: 363 institutionsQ2 2025: 376 institutionsQ3 2025: 405 institutionsQ4 2025: 446 institutionsQ1 2026: 461 institutionsQ2 2026: 447 institutions
Value heldQ4 2023: $1.36B
Q1 2021: $923.0MQ2 2021: $997.4MQ3 2021: $1.02BQ4 2021: $1.05BQ1 2022: $1.10BQ2 2022: $930.3MQ3 2022: $804.7MQ4 2022: $1.05BQ1 2023: $1.24BQ2 2023: $1.23BQ3 2023: $1.24BQ4 2023: $1.36BQ1 2024: $1.40BQ2 2024: $1.45BQ3 2024: $1.46BQ4 2024: $1.43BQ1 2025: $1.65BQ2 2025: $1.70BQ3 2025: $2.12BQ4 2025: $2.68BQ1 2026: $2.71BQ2 2026: $2.25B
Institutions holding CEF and their total value by quarter
QuarterHoldersValue
Q2 2026447$2.25B
Q1 2026461$2.71B
Q4 2025446$2.68B
Q3 2025405$2.12B
Q2 2025376$1.70B
Q1 2025363$1.65B
Q4 2024356$1.43B
Q3 2024330$1.46B
Q2 2024315$1.45B
Q1 2024296$1.40B
Q4 2023294$1.36B
Q3 2023291$1.24B
Q2 2023282$1.23B
Q1 2023282$1.24B
Q4 2022285$1.05B
Q3 2022275$804.7M
Q2 2022281$930.3M
Q1 2022274$1.10B
Q4 2021289$1.05B
Q3 2021269$1.02B
Q2 2021264$997.4M
Q1 2021253$923.0M

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding Sprott Physical Gold & Silver Trust; share changes are against Q3 2023.

Institutions holding CEF in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Susquehanna International Group, LLP78,939$1.51M0.00%−175,752−69.0%Reduced
Green Square Capital Advisors LLC79,501$1.52M0.21%−1,725−2.1%Reduced
Mariner, LLC80,259$1.54M0.00%−11,145−12.2%Reduced
Bank of Montreal80,343$1.56M0.00%−100−0.1%Reduced
CapitalatWork S.A.–$1.58M0.06%–New
IFP Advisors, Inc83,608$1.60M0.08%+11,979+16.7%Added
St. James Investment Company, LLC83,845$1.61M0.26%−4,693−5.3%Reduced
Main Street Financial Solutions, LLC85,045$1.63M0.21%−5,550−6.1%Reduced
Hunter Perkins Capital Management, LLC86,595$1.66M0.35%+1,400+1.6%Added
Financial Sense Advisors, Inc.87,121$1.67M0.63%−18,613−17.6%Reduced
AE Wealth Management LLC92,287$1.71M0.01%+5,658+6.5%Added
Waddell & Associates, LLC89,806$1.72M0.23%−28,623−24.2%Reduced
Perritt Capital Management Inc90,300$1.73M0.97%00.0%Unchanged
Spire Wealth Management95,418$1.77M0.06%+71+0.1%Added
MML Investors Services, LLC92,662$1.77M0.01%+2,317+2.6%Added
Guild Investment Management, Inc.98,607$1.89M3.00%−7,015−6.6%Reduced
Demars Financial Group, LLC100,998$1.93M1.03%−186,984−64.9%Reduced
Atria Wealth Solutions, Inc.101,211$1.94M0.02%+13,500+15.4%Added
Federation des caisses Desjardins du Quebec103,153$1.96M0.02%−88,987−46.3%Reduced
Philadelphia Trust Co105,154$2.01M0.19%−20,795−16.5%Reduced
Wealth Enhancement Advisory Services, LLC105,351$2.02M0.01%+1,177+1.1%Added
Equitable Holdings, Inc.109,498$2.10M0.03%−29,118−21.0%Reduced
Verition Fund Management LLC110,000$2.11M0.02%−5,000−4.3%Reduced
Delta Investment Management, LLC111,501$2.14M0.53%+44,174+65.6%Added
Ancora Advisors, LLC115,910$2.22M0.05%00.0%Unchanged
Cetera Investment Advisers118,019$2.26M0.02%−8,678−6.8%Reduced
Nations Financial Group Inc,118,626$2.27M0.21%−3,100−2.5%Reduced
Chase Investment Counsel Corp119,968$2.30M1.01%−39,902−25.0%Reduced
Capital Wealth Alliance, LLC121,159$2.32M1.59%+270+0.2%Added
Stephens Inc142,237$2.72M0.05%−4,720−3.2%Reduced
Telemus Capital, LLC149,592$2.86M0.24%−11,801−7.3%Reduced
Roberts Glore & Co Inc149,721$2.87M0.89%+100+0.1%Added
Chicago Capital, LLC153,865$2.95M0.11%00.0%Unchanged
Cowen and Company, LLC164,132$3.14M0.21%−200,000−54.9%Reduced
TD Waterhouse Canada Inc.129,823$3.22M0.03%+851+0.7%Added
Northwestern Mutual Wealth Management Co173,111$3.32M0.00%−10,935−5.9%Reduced
Stifel Financial Corp175,057$3.35M0.00%−12,959−6.9%Reduced
Flagship Harbor Advisors, LLC181,399$3.47M0.25%+4,020+2.3%Added
Janney Montgomery Scott LLC187,764$3.60M0.01%−66,804−26.2%Reduced
Marathon Capital Management200,600$3.84M0.97%−10,400−4.9%Reduced
CSS LLC202,771$3.88M0.30%−19,000−8.6%Reduced
Envestnet Asset Management Inc209,218$4.01M0.00%+50,356+31.7%Added
Lincoln National Corp213,920$4.10M0.07%+98,663+85.6%Added
Brookstone Capital Management217,580$4.17M0.08%+3,820+1.8%Added
Cetera Advisor Networks LLC218,790$4.19M0.02%−40.0%Reduced
Intrepid Capital Management Inc226,652$4.34M2.97%+17,010+8.1%Added
HighTower Advisors, LLC227,172$4.35M0.01%+108,008+90.6%Added
Level Four Advisory Services, LLC227,554$4.36M0.24%+31,530+16.1%Added
Beacon Pointe Advisors, LLC228,722$4.38M0.05%−12,196−5.1%Reduced
NewEdge Wealth, LLC237,472$4.55M0.12%00.0%Unchanged
Tiaa Trust, National Association247,032$4.73M0.02%+133,734+118.0%Added
Kestra Advisory Services, LLC252,843$4.84M0.04%+16,121+6.8%Added
Sapient Capital LLC253,409$4.85M0.13%+253,409New
Raymond James Financial Services Advisors, Inc.261,996$5.02M0.01%−15,504−5.6%Reduced
Hollencrest Capital Management313,460$6.00M0.57%00.0%Unchanged
Cadence Wealth Management LLC314,116$6.02M4.72%−13,365−4.1%Reduced
Commonwealth Equity Services, LLC331,702$6.35M0.01%−20,333−5.8%Reduced
Euro Pacific Asset Management, LLC360,344$6.89M1.47%+2,387+0.7%Added
CIBC World Markets Inc.375,993$7.20M0.02%+16,866+4.7%Added
New Harbor Financial Group, LLC382,779$7.33M3.25%−18,895−4.7%Reduced
National Bank of Canada401,970$7.59M0.01%−191,444−32.3%Reduced
Neuberger Berman Group LLC422,720$8.10M0.01%−11,617−2.7%Reduced
Cohen & Steers, Inc.452,497$8.66M0.02%+20,000+4.6%Added
Cambridge Investment Research Advisors, Inc.457,293$8.76M0.04%+252,219+123.0%Added
Pekin Hardy Strauss, Inc.477,232$9.14M1.37%−7,075−1.5%Reduced
Cannell Peter B & Co Inc478,200$9.16M0.29%00.0%Unchanged
Polar Asset Management Partners Inc.563,115$10.8M0.29%00.0%Unchanged
Beaumont Financial Advisors, LLC566,908$10.9M0.99%+4,334+0.8%Added
PYA Waltman Capital, LLC594,459$11.4M4.74%+2060.0%Added
Private Advisor Group, LLC671,736$12.9M0.10%−62,931−8.6%Reduced
Raymond James & Associates677,350$13.0M0.01%+11,582+1.7%Added
Wells Fargo & Company692,114$13.3M0.00%+3,454+0.5%Added
Cheviot Value Management, LLC700,911$13.6M2.94%−15,585−2.2%Reduced
LPL Financial LLC720,971$13.8M0.01%−28,297−3.8%Reduced
Engrave Wealth Partners LLC737,194$14.1M4.03%+13,088+1.8%Added
Bank of America Corp759,440$14.5M0.00%−4,369−0.6%Reduced
Sprott Inc.760,415$14.6M1.31%−28,254−3.6%Reduced
Howland Capital Management LLC869,960$16.7M0.88%−19,882−2.2%Reduced
Evergreen Capital Management LLC874,769$16.8M0.68%+12,892+1.5%Added
Advisor Group Holdings, Inc.985,247$18.9M0.03%−14,478−1.4%Reduced
Jane Street Group, LLC1,254,274$24.0M0.03%+336,219+36.6%Added
Baird Financial Group, Inc.1,269,167$24.3M0.06%−16,006−1.2%Reduced
Managed Asset Portfolios, LLC1,370,715$26.2M3.98%−4,032−0.3%Reduced
Shufro Rose & Co LLC1,637,836$28.4M2.70%−10,568−0.6%Reduced
Ameriprise Financial Inc1,811,681$34.7M0.01%+625,851+52.8%Added
Jupiter Asset Management Ltd2,008,146$38.5M0.38%−336,036−14.3%Reduced
Boothbay Fund Management, LLC2,016,646$38.6M1.44%+67,021+3.4%Added
Morgan Stanley2,788,381$53.4M0.00%+235,599+9.2%Added
Bluefin Capital Management, LLC2,884,611$55.5M4.92%+2,145,125+290.1%Added
Royal Bank of Canada3,678,999$70.5M0.02%−100,523−2.7%Reduced
Parallax Volatility Advisers, L.P.3,995,433$76.5M2.10%00.0%Unchanged
Sawtooth Solutions, LLC6,018,612$115.3M3.15%−234,718−3.8%Reduced
Bleakley Financial Group, LLC6,019,273$115.3M3.66%−234,057−3.7%Reduced
Central Trust Co7,770,050$148.8M3.95%−56,619−0.7%Reduced
PFG Investments, LLC0$00.00%−505,908−100.0%Sold out
Price T Rowe Associates Inc0$00.00%–Sold out
Hunting Hill Global Capital, LLC0$00.00%−281,051−100.0%Sold out
PenderFund Capital Management Ltd.0$00.00%−200,000−100.0%Sold out
Paloma Partners Management Co0$00.00%−200,000−100.0%Sold out
Fore Capital, LLC0$00.00%−90,000−100.0%Sold out