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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 $2.27B in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in Sprott Physical Gold & Silver Trust as of Jun 30, 2025. 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
376
+15 vs. Q1 2025
Shares held
56.5M
−3.88M (−6.4%) vs. Q1 2025
Total value
$1.70B
+$52.7M (+3.2%) vs. Q1 2025
New holders
39
84 more added
Sold out
24
115 more reduced

2 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 376 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 heldQ2 2025: $1.81B
Q1 2021: $927.1MQ2 2021: $997.7MQ3 2021: $1.02BQ4 2021: $1.05BQ1 2022: $1.10BQ2 2022: $930.7MQ3 2022: $805.3MQ4 2022: $1.05BQ1 2023: $1.31BQ2 2023: $1.30BQ3 2023: $1.30BQ4 2023: $1.42BQ1 2024: $1.55BQ2 2024: $1.64BQ3 2024: $1.47BQ4 2024: $1.43BQ1 2025: $1.65BQ2 2025: $1.81BQ3 2025: $2.14BQ4 2025: $2.68BQ1 2026: $2.71BQ2 2026: $2.27B
Institutions holding CEF and their total value by quarter
QuarterHoldersValue
Q2 2026447$2.27B
Q1 2026461$2.71B
Q4 2025446$2.68B
Q3 2025405$2.14B
Q2 2025376$1.81B
Q1 2025363$1.65B
Q4 2024356$1.43B
Q3 2024330$1.47B
Q2 2024315$1.64B
Q1 2024296$1.55B
Q4 2023294$1.42B
Q3 2023291$1.30B
Q2 2023282$1.30B
Q1 2023282$1.31B
Q4 2022285$1.05B
Q3 2022275$805.3M
Q2 2022281$930.7M
Q1 2022274$1.10B
Q4 2021289$1.05B
Q3 2021269$1.02B
Q2 2021264$997.7M
Q1 2021253$927.1M

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Sprott Physical Gold & Silver Trust; share changes are against Q1 2025.

Institutions holding CEF in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Central Trust Co7,924,854$238.5M5.50%+19,469+0.2%Added
Bleakley Financial Group, LLC5,058,879$152.3M3.87%−360,195−6.6%Reduced
Morgan Stanley4,006,589$120.6M0.01%+872,093+27.8%Added
Royal Bank of Canada3,544,546$106.7M0.02%−44,095−1.2%Reduced
Jupiter Asset Management Ltd2,738,737$82.3M0.69%+360,777+15.2%Added
Baird Financial Group, Inc.1,378,369$41.5M0.07%−15,788−1.1%Reduced
Managed Asset Portfolios, LLC1,152,456$34.7M4.51%−2,373−0.2%Reduced
Raymond James Financial Inc1,056,511$31.8M0.01%−142,028−11.9%Reduced
Wells Fargo & Company803,062$24.2M0.01%+8,866+1.1%Added
Ameriprise Financial Inc787,541$23.7M0.01%+158,687+25.2%Added
Cheviot Value Management, LLC732,823$23.0M2.64%−2,651−0.4%Reduced
Evelyn Partners Investment Management LLP758,413$22.8M0.70%+38,658+5.4%Added
LPL Financial LLC724,196$21.8M0.01%+70,432+10.8%Added
Sprott Inc.688,251$20.7M1.04%+784+0.1%Added
Bank of America Corp687,751$20.7M0.00%−62,179−8.3%Reduced
Parallax Volatility Advisers, L.P.641,772$19.3M0.77%−1,377,816−68.2%Reduced
CIBC World Markets Inc.613,538$18.5M0.04%−20,055−3.2%Reduced
Beaumont Financial Advisors, LLC584,808$17.6M1.27%+49,015+9.1%Added
3EDGE Asset Management, LP589,317$17.6M1.09%+186,745+46.4%Added
Cohen & Steers, Inc.573,497$17.3M0.03%−13,000−2.2%Reduced
Jane Street Group, LLC555,963$16.7M0.03%+189,669+51.8%Added
PYA Waltman Capital, LLC493,250$14.8M4.27%−5,989−1.2%Reduced
Spears Abacus Advisors LLC483,025$14.5M0.29%00.0%Unchanged
JPMorgan Chase & Co467,691$14.1M0.00%+5,892+1.3%Added
Pekin Hardy Strauss, Inc.460,892$13.9M1.58%+20,020+4.5%Added
Cambridge Investment Research Advisors, Inc.457,527$13.8M0.04%−12,927−2.7%Reduced
Evergreen Capital Management LLC441,552$13.3M0.40%+6,580+1.5%Added
Advisor Group Holdings, Inc.427,476$12.9M0.02%−102,308−19.3%Reduced
Commonwealth Equity Services, LLC423,201$12.7M0.02%−92,859−18.0%Reduced
Inlight Wealth Management, LLC402,557$12.1M6.27%−10,738−2.6%Reduced
Neuberger Berman Group LLC395,867$11.9M0.01%−3,868−1.0%Reduced
National Bank of Canada391,841$11.6M0.01%−7,923−2.0%Reduced
Cetera Investment Advisers374,478$11.3M0.02%+15,184+4.2%Added
Matauro, LLC370,108$11.1M2.09%−46,324−11.1%Reduced
Tiaa Trust, National Association362,035$10.9M0.03%+196,787+119.1%Added
Hollencrest Capital Management354,014$10.7M0.46%00.0%Unchanged
Shufro Rose & Co LLC355,433$10.1M0.82%−7,218−2.0%Reduced
PFG Investments, LLC334,802$10.1M0.59%−17,022−4.8%Reduced
New Harbor Financial Group, LLC332,110$10.0M2.29%−44,375−11.8%Reduced
Euro Pacific Asset Management, LLC312,796$9.41M1.52%−7,601−2.4%Reduced
Pacific Sage Partners, LLC276,842$8.33M1.66%−16,263−5.5%Reduced
Federation des caisses Desjardins du Quebec275,950$8.27M0.04%−61,938−18.3%Reduced
Cadence Wealth Management LLC268,528$8.08M5.35%−5,464−2.0%Reduced
NewEdge Wealth, LLC255,472$8.03M0.13%−655−0.3%Reduced
Sapient Capital LLC237,789$7.16M0.13%00.0%Unchanged
Intrepid Capital Management Inc234,199$7.05M2.86%+1,649+0.7%Added
GWN Securities Inc.227,584$6.85M1.27%+216,079+1,878.1%Added
Arkadios Wealth Advisors220,854$6.65M0.20%−40,872−15.6%Reduced
Kestra Advisory Services, LLC215,573$6.49M0.03%−16,798−7.2%Reduced
Brookstone Capital Management215,272$6.48M0.08%−30,651−12.5%Reduced
Wealth Enhancement Advisory Services, LLC208,708$6.36M0.01%−4,030−1.9%Reduced
Stifel Financial Corp194,699$5.86M0.01%−283−0.1%Reduced
Envestnet Asset Management Inc193,901$5.84M0.00%+1,437+0.7%Added
Flagship Harbor Advisors, LLC183,909$5.54M0.26%+4,312+2.4%Added
Evelyn Partners Investment Management Services Ltd180,937$5.45M0.82%−1,104−0.6%Reduced
Level Four Advisory Services, LLC179,099$5.39M0.20%−9,732−5.2%Reduced
Beacon Pointe Advisors, LLC174,799$5.26M0.05%−8,967−4.9%Reduced
Chicago Capital, LLC155,365$4.68M0.12%+1,500+1.0%Added
HighTower Advisors, LLC154,540$4.65M0.01%+15,562+11.2%Added
Captrust Financial Advisors149,214$4.49M0.01%−12,378−7.7%Reduced
Belpointe Asset Management LLC147,821$4.45M0.19%+45,766+44.8%Added
TD Waterhouse Canada Inc.146,060$4.39M0.03%+12,060+9.0%Added
Northwestern Mutual Wealth Management Co141,734$4.27M0.00%+243+0.2%Added
Roberts Glore & Co Inc140,415$4.23M1.23%−985−0.7%Reduced
Capital Wealth Alliance, LLC132,699$3.99M2.15%+621+0.5%Added
Marathon Capital Management131,975$3.97M1.01%−15,250−10.4%Reduced
Nations Financial Group Inc,128,120$3.86M0.27%+2,800+2.2%Added
Susquehanna International Group, LLP123,131$3.71M0.01%+51,432+71.7%Added
Mariner, LLC121,654$3.66M0.01%−271−0.2%Reduced
Bank of Montreal89,172$3.65M0.00%−64,804−42.1%Reduced
Wiley Bros.-Aintree Capital, LLC113,805$3.43M0.03%+2,470+2.2%Added
Oppenheimer & Co Inc113,362$3.41M0.05%+3,521+3.2%Added
International Assets Investment Management, LLC210,865$3.41M0.27%+210,865New
Green Square Capital Advisors LLC110,726$3.33M0.40%−2,718−2.4%Reduced
Fore Capital, LLC110,000$3.31M6.59%00.0%Unchanged
IFP Advisors, Inc107,779$3.24M0.09%+2,661+2.5%Added
MML Investors Services, LLC107,423$3.23M0.01%−13,356−11.1%Reduced
Delta Investment Management, LLC104,915$3.16M0.61%−10,293−8.9%Reduced
Jones Financial Companies LLLP105,840$3.16M0.00%+48,863+85.8%Added
Ancora Advisors, LLC102,410$3.08M0.06%−12,500−10.9%Reduced
Chase Investment Counsel Corp100,853$3.04M0.97%−2,600−2.5%Reduced
Robertson Stephens Wealth Management, LLC99,742$3.00M0.10%−118,714−54.3%Reduced
Thrivent Financial for Lutherans99,387$2.99M0.01%+99,387New
Guardian Partners Inc.95,132$2.88M0.26%+15,855+20.0%Added
Columbia Advisory Partners LLC94,962$2.86M2.16%+5,812+6.5%Added
Private Advisor Group, LLC91,010$2.74M0.01%−18,203−16.7%Reduced
Mutual Advisors, LLC88,298$2.72M0.07%+1,756+2.0%Added
Integrated Wealth Concepts LLC90,467$2.72M0.03%−3,142−3.4%Reduced
Perritt Capital Management Inc89,900$2.71M1.40%−1,000−1.1%Reduced
Spire Wealth Management88,939$2.68M0.10%−17,859−16.7%Reduced
Demars Financial Group, LLC88,446$2.66M1.02%−2,337,288−96.4%Reduced
Kiker Wealth Management, LLC83,485$2.51M1.42%+19,422+30.3%Added
AE Wealth Management LLC82,356$2.48M0.02%+1,738+2.2%Added
Bluefin Capital Management, LLC80,914$2.44M1.88%−1,249,484−93.9%Reduced
RSM US Wealth Management LLC78,181$2.35M0.03%+2,301+3.0%Added
Peak Financial Management, Inc.77,339$2.33M0.66%00.0%Unchanged
St. James Investment Company, LLC76,440$2.30M0.37%−1,090−1.4%Reduced
Wilmar Advisors LLC75,000$2.26M2.17%−13,000−14.8%Reduced
Philadelphia Trust Co74,676$2.25M0.17%−3,768−4.8%Reduced
Simplicity Wealth,LLC74,278$2.24M0.09%−18,728−20.1%Reduced