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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, 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: $1.70B
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, 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
IFP Advisors, Inc107,779$3.24M0.09%+2,661+2.5%Added
Fore Capital, LLC110,000$3.31M6.59%00.0%Unchanged
Green Square Capital Advisors LLC110,726$3.33M0.40%−2,718−2.4%Reduced
International Assets Investment Management, LLC210,865$3.41M0.27%+210,865New
Oppenheimer & Co Inc113,362$3.41M0.05%+3,521+3.2%Added
Wiley Bros.-Aintree Capital, LLC113,805$3.43M0.03%+2,470+2.2%Added
Bank of Montreal89,172$3.65M0.00%−64,804−42.1%Reduced
Mariner, LLC121,654$3.66M0.01%−271−0.2%Reduced
Susquehanna International Group, LLP123,131$3.71M0.01%+51,432+71.7%Added
Nations Financial Group Inc,128,120$3.86M0.27%+2,800+2.2%Added
Marathon Capital Management131,975$3.97M1.01%−15,250−10.4%Reduced
Capital Wealth Alliance, LLC132,699$3.99M2.15%+621+0.5%Added
Roberts Glore & Co Inc140,415$4.23M1.23%−985−0.7%Reduced
Northwestern Mutual Wealth Management Co141,734$4.27M0.00%+243+0.2%Added
TD Waterhouse Canada Inc.146,060$4.39M0.03%+12,060+9.0%Added
Belpointe Asset Management LLC147,821$4.45M0.19%+45,766+44.8%Added
Captrust Financial Advisors149,214$4.49M0.01%−12,378−7.7%Reduced
HighTower Advisors, LLC154,540$4.65M0.01%+15,562+11.2%Added
Chicago Capital, LLC155,365$4.68M0.12%+1,500+1.0%Added
Beacon Pointe Advisors, LLC174,799$5.26M0.05%−8,967−4.9%Reduced
Level Four Advisory Services, LLC179,099$5.39M0.20%−9,732−5.2%Reduced
Evelyn Partners Investment Management Services Ltd180,937$5.45M0.82%−1,104−0.6%Reduced
Flagship Harbor Advisors, LLC183,909$5.54M0.26%+4,312+2.4%Added
Envestnet Asset Management Inc193,901$5.84M0.00%+1,437+0.7%Added
Stifel Financial Corp194,699$5.86M0.01%−283−0.1%Reduced
Wealth Enhancement Advisory Services, LLC208,708$6.36M0.01%−4,030−1.9%Reduced
Brookstone Capital Management215,272$6.48M0.08%−30,651−12.5%Reduced
Kestra Advisory Services, LLC215,573$6.49M0.03%−16,798−7.2%Reduced
Arkadios Wealth Advisors220,854$6.65M0.20%−40,872−15.6%Reduced
GWN Securities Inc.227,584$6.85M1.27%+216,079+1,878.1%Added
Intrepid Capital Management Inc234,199$7.05M2.86%+1,649+0.7%Added
Sapient Capital LLC237,789$7.16M0.13%00.0%Unchanged
NewEdge Wealth, LLC255,472$8.03M0.13%−655−0.3%Reduced
Cadence Wealth Management LLC268,528$8.08M5.35%−5,464−2.0%Reduced
Federation des caisses Desjardins du Quebec275,950$8.27M0.04%−61,938−18.3%Reduced
Pacific Sage Partners, LLC276,842$8.33M1.66%−16,263−5.5%Reduced
Euro Pacific Asset Management, LLC312,796$9.41M1.52%−7,601−2.4%Reduced
New Harbor Financial Group, LLC332,110$10.0M2.29%−44,375−11.8%Reduced
PFG Investments, LLC334,802$10.1M0.59%−17,022−4.8%Reduced
Shufro Rose & Co LLC355,433$10.1M0.82%−7,218−2.0%Reduced
Hollencrest Capital Management354,014$10.7M0.46%00.0%Unchanged
Tiaa Trust, National Association362,035$10.9M0.03%+196,787+119.1%Added
Matauro, LLC370,108$11.1M2.09%−46,324−11.1%Reduced
Cetera Investment Advisers374,478$11.3M0.02%+15,184+4.2%Added
National Bank of Canada391,841$11.6M0.01%−7,923−2.0%Reduced
Neuberger Berman Group LLC395,867$11.9M0.01%−3,868−1.0%Reduced
Inlight Wealth Management, LLC402,557$12.1M6.27%−10,738−2.6%Reduced
Commonwealth Equity Services, LLC423,201$12.7M0.02%−92,859−18.0%Reduced
Advisor Group Holdings, Inc.427,476$12.9M0.02%−102,308−19.3%Reduced
Evergreen Capital Management LLC441,552$13.3M0.40%+6,580+1.5%Added
Cambridge Investment Research Advisors, Inc.457,527$13.8M0.04%−12,927−2.7%Reduced
Pekin Hardy Strauss, Inc.460,892$13.9M1.58%+20,020+4.5%Added
JPMorgan Chase & Co467,691$14.1M0.00%+5,892+1.3%Added
Spears Abacus Advisors LLC483,025$14.5M0.29%00.0%Unchanged
PYA Waltman Capital, LLC493,250$14.8M4.27%−5,989−1.2%Reduced
Jane Street Group, LLC555,963$16.7M0.03%+189,669+51.8%Added
Cohen & Steers, Inc.573,497$17.3M0.03%−13,000−2.2%Reduced
3EDGE Asset Management, LP589,317$17.6M1.09%+186,745+46.4%Added
Beaumont Financial Advisors, LLC584,808$17.6M1.27%+49,015+9.1%Added
CIBC World Markets Inc.613,538$18.5M0.04%−20,055−3.2%Reduced
Parallax Volatility Advisers, L.P.641,772$19.3M0.77%−1,377,816−68.2%Reduced
Bank of America Corp687,751$20.7M0.00%−62,179−8.3%Reduced
Sprott Inc.688,251$20.7M1.04%+784+0.1%Added
LPL Financial LLC724,196$21.8M0.01%+70,432+10.8%Added
Evelyn Partners Investment Management LLP758,413$22.8M0.70%+38,658+5.4%Added
Cheviot Value Management, LLC732,823$23.0M2.64%−2,651−0.4%Reduced
Ameriprise Financial Inc787,541$23.7M0.01%+158,687+25.2%Added
Wells Fargo & Company803,062$24.2M0.01%+8,866+1.1%Added
Raymond James Financial Inc1,056,511$31.8M0.01%−142,028−11.9%Reduced
Managed Asset Portfolios, LLC1,152,456$34.7M4.51%−2,373−0.2%Reduced
Baird Financial Group, Inc.1,378,369$41.5M0.07%−15,788−1.1%Reduced
Jupiter Asset Management Ltd2,738,737$82.3M0.69%+360,777+15.2%Added
Royal Bank of Canada3,544,546$106.7M0.02%−44,095−1.2%Reduced
Morgan Stanley4,006,589$120.6M0.01%+872,093+27.8%Added
Bleakley Financial Group, LLC5,058,879$152.3M3.87%−360,195−6.6%Reduced
Central Trust Co7,924,854$238.5M5.50%+19,469+0.2%Added
Boothbay Fund Management, LLC0$00.00%−201,593−100.0%Sold out
Guild Investment Management, Inc.0$00.00%−81,827−100.0%Sold out
Stephens Inc0$00.00%−51,203−100.0%Sold out
Elequin Capital LP0$00.00%−35,750−100.0%Sold out
Napa Wealth Management0$00.00%−20,979−100.0%Sold out
TownSquare Capital, LLC0$00.00%−16,907−100.0%Sold out
Global Assets Advisory, LLC0$00.00%−16,182−100.0%Sold out
Fisher Asset Management, LLC0$00.00%−13,302−100.0%Sold out
Aveo Capital Partners, LLC0$00.00%−11,583−100.0%Sold out
Financial Counselors Inc0$00.00%−11,900−100.0%Sold out
Alliance Wealth Advisors, LLC0$00.00%−10,595−100.0%Sold out
American Investment Services, Inc.0$00.00%−10,572−100.0%Sold out
Northern Trust Corp0$00.00%−10,456−100.0%Sold out
Bahl & Gaynor Inc0$00.00%−9,939−100.0%Sold out
Private Wealth Partners, LLC0$00.00%−9,000−100.0%Sold out
Heritage Investors Management Corp0$00.00%−7,585−100.0%Sold out
Cutter & CO Brokerage, Inc.0$00.00%−7,350−100.0%Sold out
XTX Topco Ltd0$00.00%−7,134−100.0%Sold out
Laurel Wealth Advisors LLC0$00.00%−2,200−100.0%Sold out
ZynergyRetirementPlanningLLC0$00.00%−2,000−100.0%Sold out
Glass Jacobson Investment Advisors llc0$00.00%−1,600−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−95−100.0%Sold out
Carolinas Wealth Consulting LLC0$00.00%−45−100.0%Sold out
FMR LLC0$00.00%−24−100.0%Sold out