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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, Q3 2025

Institutional positions in Sprott Physical Gold & Silver Trust as of Sep 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
405
+34 vs. Q2 2025
Shares held
58.1M
+1.70M (+3.0%) vs. Q2 2025
Total value
$2.12B
+$427.5M (+25.2%) vs. Q2 2025
New holders
52
107 more added
Sold out
18
104 more reduced

5 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 405 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 heldQ3 2025: $2.12B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Sprott Physical Gold & Silver Trust; share changes are against Q2 2025.

Institutions holding CEF in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Philadelphia Trust Co69,390$2.55M0.18%−5,286−7.1%Reduced
XTX Topco Ltd68,960$2.53M0.13%+68,960New
IPG Investment Advisors LLC68,545$2.51M0.45%+30,577+80.5%Added
Ieq Capital, LLC67,852$2.49M0.01%+3,000+4.6%Added
Wealthcare Advisory Partners LLC64,541$2.37M0.05%−2,711−4.0%Reduced
Kovitz Investment Group Partners, LLC62,330$2.29M0.01%−478−0.8%Reduced
Fedenia Advisers LLC62,255$2.28M0.91%00.0%Unchanged
CI Private Wealth, LLC61,543$2.26M0.00%+11,389+22.7%Added
Garrett Investment Advisors LLC60,561$2.22M0.18%00.0%Unchanged
Equitable Holdings, Inc.60,521$2.22M0.02%+9,205+17.9%Added
Kestra Private Wealth Services, LLC59,434$2.18M0.03%−398−0.7%Reduced
Manchester Financial Inc58,423$2.14M0.43%+11,282+23.9%Added
Hunter Perkins Capital Management, LLC58,240$2.14M0.47%00.0%Unchanged
Lodestar Private Asset Management LLC57,531$2.11M0.22%−2,852−4.7%Reduced
Sonoma Private Wealth LLC57,485$2.11M2.52%+264+0.5%Added
First Manhattan Co57,463$2.11M0.01%00.0%Unchanged
Argent Trust Co57,399$2.11M0.07%00.0%Unchanged
Twin Focus Capital Partners, LLC53,845$1.98M0.25%00.0%Unchanged
Mercer Global Advisors Inc51,710$1.90M0.00%+21,724+72.4%Added
Main Street Financial Solutions, LLC51,684$1.90M0.12%−4,371−7.8%Reduced
Nalls Sherbakoff Group, LLC51,486$1.89M1.27%+3,666+7.7%Added
Financial Sense Advisors, Inc.50,167$1.84M0.34%−13,872−21.7%Reduced
BOS Asset Management, LLC48,069$1.76M0.50%−207−0.4%Reduced
Creative Planning47,455$1.74M0.00%+2,798+6.3%Added
Sunbeam Capital Management, LLC47,152$1.73M1.08%00.0%Unchanged
Geneos Wealth Management Inc.46,272$1.70M0.04%+1,164+2.6%Added
Cornerstone Wealth Management, LLC45,620$1.67M0.09%−300−0.7%Reduced
Flputnam Investment Management Co45,566$1.67M0.02%−323−0.7%Reduced
Belpointe Asset Management LLC44,599$1.64M0.06%−103,222−69.8%Reduced
Allworth Financial LP43,872$1.61M0.01%−742−1.7%Reduced
Andina Capital Management, LLC43,173$1.58M0.89%+99+0.2%Added
Waddell & Associates, LLC42,909$1.57M0.13%−2,968−6.5%Reduced
Lincoln Capital Corp42,900$1.57M0.57%00.0%Unchanged
Truist Financial Corp38,240$1.40M0.00%−4,324−10.2%Reduced
Inspirion Wealth Advisors, LLC55,933$1.37M0.19%−1,306−2.3%Reduced
The PNC Financial Services Group, Inc.35,767$1.31M0.00%−4,000−10.1%Reduced
Quilter Plc35,598$1.31M0.02%00.0%Unchanged
MAI Capital Management34,320$1.26M0.01%+5,597+19.5%Added
Franklin Resources Inc34,291$1.26M0.00%00.0%Unchanged
Welch & Forbes LLC34,001$1.25M0.02%00.0%Unchanged
Prospera Financial Services Inc33,680$1.24M0.02%+875+2.7%Added
CIBC Private Wealth Group, LLC33,059$1.21M0.00%−32,182−49.3%Reduced
Cardiff Park Advisors, LLC32,980$1.21M0.09%−1,334−3.9%Reduced
Jaffetilchin Investment Partners, LLC32,452$1.19M0.07%+2,994+10.2%Added
Merit Financial Group, LLC31,742$1.16M0.01%−650−2.0%Reduced
US Bancorp31,101$1.14M0.00%−7,035−18.4%Reduced
Highland Capital Management, LLC30,928$1.13M0.06%+400+1.3%Added
EverSource Wealth Advisors, LLC30,416$1.12M0.04%00.0%Unchanged
Scotia Capital Inc.30,360$1.11M0.00%−1,867−5.8%Reduced
Transcend Wealth Collective, LLC30,357$1.11M0.08%+1,082+3.7%Added
Philip James Wealth Mangement, LLC30,075$1.10M0.13%−37,940−55.8%Reduced
CIBC Asset Management Inc30,000$1.10M0.00%00.0%Unchanged
South State Corp.29,576$1.09M0.05%+42+0.1%Added
Strategic Financial Concepts, LLC29,304$1.08M0.16%+5,349+22.3%Added
Rockport Wealth LLC29,162$1.07M0.22%−2,937−9.1%Reduced
Petra Financial Advisors Inc28,546$1.05M0.61%+517+1.8%Added
CapitalatWork S.A.–$1.04M0.03%––
Montis Financial, LLC28,310$1.04M0.24%−300−1.0%Reduced
Valeo Financial Advisors, LLC28,247$1.04M0.02%−538−1.9%Reduced
Summit Financial, LLC28,199$1.03M0.02%+15,010+113.8%Added
Ronald Blue Trust, Inc.27,832$1.02M0.01%+900+3.3%Added
IHT Wealth Management, LLC27,688$1.02M0.03%00.0%Unchanged
Advisory Services Network, LLC25,834$947.9K0.01%+904+3.6%Added
Summit Global Investments25,744$945.0K0.06%00.0%Unchanged
Oppenheimer & Close, LLC25,490$935.2K0.63%−5,565−17.9%Reduced
StoneX Group Inc.25,448$933.7K0.04%+487+2.0%Added
Tradition Wealth Management, LLC25,078$920.1K0.07%00.0%Unchanged
Stenahm Asset Managment Ltd25,000$917.3K0.53%00.0%Unchanged
Toronto Dominion Bank25,000$914.0K0.00%00.0%Unchanged
Harbour Investments, Inc.24,009$880.9K0.02%+3,474+16.9%Added
Barclays PLC23,801$873.3K0.00%+4,240+21.7%Added
Simplicity Wealth,LLC23,625$866.8K0.05%−50,653−68.2%Reduced
Camelot Technology Advisors, Inc.22,907$840.5K0.67%00.0%Unchanged
WealthTrust Axiom LLC22,773$835.5K0.22%00.0%Unchanged
Nadler Financial Group, Inc.22,305$818.4K0.08%+2,420+12.2%Added
Continuum Advisory, LLC22,300$818.2K0.09%+22,300New
HBW Advisory Services LLC22,234$815.8K0.09%−235−1.0%Reduced
Hardin Capital Partners, LLC22,161$813.1K0.44%+1,695+8.3%Added
Dakota Wealth Management21,986$806.7K0.02%00.0%Unchanged
Veracity Capital LLC21,284$780.9K0.25%+828+4.0%Added
Sandy Cove Advisors, LLC21,100$774.2K0.25%00.0%Unchanged
Marks Group Wealth Management, Inc21,065$772.9K0.07%00.0%Unchanged
Cobblestone Capital Advisors LLC20,703$759.6K0.04%00.0%Unchanged
Moloney Securities Asset Management, LLC20,634$757.1K0.09%+2,044+11.0%Added
Accordant Advisory Group Inc20,460$750.7K0.51%−5,582−21.4%Reduced
BLB&B Advisors, LLC20,000$733.8K0.03%00.0%Unchanged
Cresset Asset Management, LLC18,616$683.0K0.00%00.0%Unchanged
Two Sigma Securities, LLC18,599$682.4K0.10%+4,413+31.1%Added
CWM, LLC18,236$669.0K0.00%+17,280+1,807.5%Added
Clearstead Advisors, LLC18,005$660.6K0.01%00.0%Unchanged
Cerity Partners LLC17,615$646.3K0.00%−2,666−13.1%Reduced
Almanack Investment Partners, LLC.17,251$632.9K0.10%00.0%Unchanged
Moors & Cabot, Inc.17,148$629.2K0.03%00.0%Unchanged
Old Port Advisors16,941$621.6K0.16%00.0%Unchanged
waypoint wealth counsel16,490$605.0K0.24%00.0%Unchanged
Rehmann Capital Advisory Group16,400$601.7K0.03%00.0%Unchanged
Procyon Private Wealth Partners, LLC16,397$601.6K0.04%00.0%Unchanged
WealthBridge Capital Management, LLC16,358$600.2K0.14%00.0%Unchanged
Stonehage Fleming Financial Services Holdings Ltd15,572$571.3K0.02%00.0%Unchanged
Independent Family Office, LLC15,140$555.5K0.24%00.0%Unchanged