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 2025
Institutional positions in Sprott Physical Gold & Silver Trust as of Dec 31, 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
- 446
- +46 vs. Q3 2025
- Shares held
- 58.3M
- +192.0K (+0.3%) vs. Q3 2025
- Total value
- $2.68B
- +$553.0M (+26.1%) vs. Q3 2025
- New holders
- 71
- 102 more added
- Sold out
- 25
- 130 more reduced
5 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 447 | $2.25B |
| Q1 2026 | 461 | $2.71B |
| Q4 2025 | 446 | $2.68B |
| Q3 2025 | 405 | $2.12B |
| Q2 2025 | 376 | $1.70B |
| Q1 2025 | 363 | $1.65B |
| Q4 2024 | 356 | $1.43B |
| Q3 2024 | 330 | $1.46B |
| Q2 2024 | 315 | $1.45B |
| Q1 2024 | 296 | $1.40B |
| Q4 2023 | 294 | $1.36B |
| Q3 2023 | 291 | $1.24B |
| Q2 2023 | 282 | $1.23B |
| Q1 2023 | 282 | $1.24B |
| Q4 2022 | 285 | $1.05B |
| Q3 2022 | 275 | $804.7M |
| Q2 2022 | 281 | $930.3M |
| Q1 2022 | 274 | $1.10B |
| Q4 2021 | 289 | $1.05B |
| Q3 2021 | 269 | $1.02B |
| Q2 2021 | 264 | $997.4M |
| Q1 2021 | 253 | $923.0M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Sprott Physical Gold & Silver Trust; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Central Trust Co | 7,391,451 | $338.5M | 6.63% | −431,577−5.5% | Reduced |
| Morgan Stanley | 5,627,038 | $257.7M | 0.02% | +499,996+9.8% | Added |
| Bleakley Financial Group, LLC | 4,851,346 | $222.2M | 3.86% | −367,345−7.0% | Reduced |
| Royal Bank of Canada | 3,732,106 | $170.9M | 0.03% | −148,602−3.8% | Reduced |
| Jupiter Asset Management Ltd | 3,604,249 | $164.8M | 1.32% | +52,815+1.5% | Added |
| Baird Financial Group, Inc. | 1,279,380 | $58.6M | 0.09% | −102,175−7.4% | Reduced |
| Managed Asset Portfolios, LLC | 1,112,116 | $50.9M | 6.15% | −27,757−2.4% | Reduced |
| Raymond James Financial Inc | 1,076,432 | $49.3M | 0.02% | −53,280−4.7% | Reduced |
| LPL Financial LLC | 934,345 | $42.8M | 0.01% | +21,663+2.4% | Added |
| Evelyn Partners Investment Management LLP | 811,531 | $37.2M | 1.03% | +49,608+6.5% | Added |
| Cheviot Value Management, LLC | 626,340 | $37.0M | 3.64% | −100,603−13.8% | Reduced |
| Wells Fargo & Company | 782,789 | $35.9M | 0.01% | −8,513−1.1% | Reduced |
| Sprott Inc. | 699,916 | $32.1M | 1.15% | +35,800+5.4% | Added |
| Bank of America Corp | 677,310 | $31.0M | 0.00% | −15,947−2.3% | Reduced |
| Ameriprise Financial Inc | 629,857 | $28.8M | 0.01% | −123,252−16.4% | Reduced |
| CIBC World Markets Inc. | 625,923 | $28.7M | 0.05% | −6,125−1.0% | Reduced |
| Cohen & Steers, Inc. | 598,497 | $27.4M | 0.05% | +20,000+3.5% | Added |
| Beaumont Financial Advisors, LLC | 586,803 | $26.9M | 1.77% | +2,036+0.3% | Added |
| 3EDGE Asset Management, LP | 556,287 | $26.3M | 1.36% | +556,287 | New |
| JPMorgan Chase & Co | 521,489 | $23.9M | 0.00% | −7,265−1.4% | Reduced |
| Spears Abacus Advisors LLC | 483,025 | $22.1M | 0.41% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 466,953 | $21.4M | 0.06% | −14,351−3.0% | Reduced |
| Advisor Group Holdings, Inc. | 456,966 | $20.9M | 0.03% | +22,480+5.2% | Added |
| Pekin Hardy Strauss, Inc. | 447,769 | $20.5M | 1.90% | −10,198−2.2% | Reduced |
| Evergreen Capital Management LLC | 440,169 | $20.2M | 0.45% | −2,115−0.5% | Reduced |
| National Bank of Canada | 409,890 | $18.5M | 0.02% | −63,222−13.4% | Reduced |
| Tiaa Trust, National Association | 400,550 | $18.3M | 0.04% | +425+0.1% | Added |
| Matauro, LLC | 399,066 | $18.3M | 2.75% | +10,522+2.7% | Added |
| Inlight Wealth Management, LLC | 398,877 | $18.3M | 6.69% | −2,844−0.7% | Reduced |
| Neuberger Berman Group LLC | 381,773 | $17.5M | 0.01% | −10,441−2.7% | Reduced |
| Cetera Investment Advisers | 371,611 | $17.0M | 0.02% | −43,410−10.5% | Reduced |
| PYA Waltman Capital, LLC | 359,334 | $16.5M | 4.42% | −123,226−25.5% | Reduced |
| Hollencrest Capital Management | 356,183 | $16.3M | 0.56% | 00.0% | Unchanged |
| Shufro Rose & Co LLC | 352,806 | $16.2M | 1.09% | +354+0.1% | Added |
| New Harbor Financial Group, LLC | 345,711 | $15.8M | 2.90% | −6,225−1.8% | Reduced |
| PFG Investments, LLC | 330,265 | $15.1M | 0.71% | −11,495−3.4% | Reduced |
| Commonwealth Equity Services, LLC | 314,803 | $14.4M | 0.02% | +16,979+5.7% | Added |
| Wealth Enhancement Advisory Services, LLC | 262,792 | $13.0M | 0.02% | +1,233+0.5% | Added |
| Thrivent Financial for Lutherans | 278,466 | $13.0M | 0.02% | +86,215+44.8% | Added |
| Federation des caisses Desjardins du Quebec | 276,761 | $12.6M | 0.05% | −15,237−5.2% | Reduced |
| Private Advisor Group, LLC | 272,148 | $12.5M | 0.06% | +182,969+205.2% | Added |
| Northwestern Mutual Wealth Management Co | 259,040 | $11.9M | 0.01% | +101,288+64.2% | Added |
| NewEdge Wealth, LLC | 253,922 | $11.6M | 0.13% | 00.0% | Unchanged |
| Sapient Capital LLC | 237,789 | $11.2M | 0.16% | 00.0% | Unchanged |
| Arkadios Wealth Advisors | 240,931 | $11.0M | 0.22% | +4,168+1.8% | Added |
| Pacific Sage Partners, LLC | 239,587 | $11.0M | 1.74% | −30,922−11.4% | Reduced |
| Gem Investment Advisors, LLC | 235,091 | $10.8M | 10.21% | +235,091 | New |
| IFP Advisors, Inc | 234,680 | $10.7M | 0.24% | +36,181+18.2% | Added |
| Cadence Wealth Management LLC | 234,513 | $10.7M | 5.19% | −31,178−11.7% | Reduced |
| Brookstone Capital Management | 229,280 | $10.5M | 0.12% | +4,964+2.2% | Added |
| TrustWell Financial Advisors, LLC | 228,448 | $10.5M | 10.12% | +228,448 | New |
| Intrepid Capital Management Inc | 220,068 | $10.1M | 3.90% | −5,678−2.5% | Reduced |
| Kestra Advisory Services, LLC | 210,343 | $9.63M | 0.04% | −10,514−4.8% | Reduced |
| Concurrent Investment Advisors, LLC | 204,833 | $9.38M | 0.11% | +91,001+79.9% | Added |
| Jones Financial Companies LLLP | 204,427 | $9.36M | 0.01% | +63,926+45.5% | Added |
| Stifel Financial Corp | 198,043 | $9.07M | 0.01% | +1,748+0.9% | Added |
| Evelyn Partners Investment Management Services Ltd | 193,487 | $8.86M | 1.11% | +7,840+4.2% | Added |
| Euro Pacific Asset Management, LLC | 285,326 | $8.59M | 0.95% | −13,240−4.4% | Reduced |
| Flagship Harbor Advisors, LLC | 181,263 | $8.30M | 0.39% | −2,297−1.3% | Reduced |
| Janney Montgomery Scott LLC | 174,083 | $7.97M | 0.02% | +5,114+3.0% | Added |
| Susquehanna International Group, LLP | 171,779 | $7.87M | 0.01% | +48,747+39.6% | Added |
| TD Waterhouse Canada Inc. | 169,009 | $7.71M | 0.05% | +25,186+17.5% | Added |
| Level Four Advisory Services, LLC | 162,194 | $7.43M | 0.24% | −8,427−4.9% | Reduced |
| Captrust Financial Advisors | 161,013 | $7.37M | 0.01% | +14,413+9.8% | Added |
| Mutual Advisors, LLC | 159,901 | $7.32M | 0.16% | +62,777+64.6% | Added |
| Chicago Capital, LLC | 155,365 | $7.12M | 0.18% | 00.0% | Unchanged |
| Sbe LLC Dba Cedar Cove Wealth Partners | 150,762 | $6.90M | 3.61% | +150,762 | New |
| Wiley Bros.-Aintree Capital, LLC | 133,889 | $6.13M | 0.03% | −125−0.1% | Reduced |
| Roberts Glore & Co Inc | 132,940 | $6.09M | 1.62% | −4,030−2.9% | Reduced |
| Envestnet Asset Management Inc | 130,102 | $5.96M | 0.00% | −41,521−24.2% | Reduced |
| Nations Financial Group Inc, | 129,030 | $5.91M | 0.31% | +3,000+2.4% | Added |
| Oppenheimer & Co Inc | 126,331 | $5.79M | 0.08% | +630+0.5% | Added |
| Mariner, LLC | 126,314 | $5.79M | 0.01% | +4,599+3.8% | Added |
| HighTower Advisors, LLC | 126,218 | $5.78M | 0.01% | −9,547−7.0% | Reduced |
| Marathon Capital Management | 125,100 | $5.73M | 1.23% | −1,125−0.9% | Reduced |
| MML Investors Services, LLC | 122,677 | $5.62M | 0.01% | +7,339+6.4% | Added |
| Beacon Pointe Advisors, LLC | 121,912 | $5.58M | 0.04% | −15,945−11.6% | Reduced |
| Colony Group, LLC | 113,728 | $5.21M | 0.01% | +102,688+930.1% | Added |
| Green Square Capital Advisors LLC | 111,100 | $5.09M | 0.53% | +374+0.3% | Added |
| Fore Capital, LLC | 110,000 | $5.04M | 6.66% | 00.0% | Unchanged |
| AE Wealth Management LLC | 109,730 | $5.03M | 0.03% | +24,603+28.9% | Added |
| Delta Investment Management, LLC | 107,800 | $4.94M | 0.86% | +1,721+1.6% | Added |
| Financial Planning Navigators CORP | 107,587 | $4.93M | 2.26% | +107,587 | New |
| Ancora Advisors, LLC | 103,694 | $4.75M | 0.10% | +5,470+5.6% | Added |
| Robertson Stephens Wealth Management, LLC | 100,166 | $4.59M | 0.13% | 00.0% | Unchanged |
| Chase Investment Counsel Corp | 99,476 | $4.56M | 1.27% | −1,367−1.4% | Reduced |
| Sentinus, LLC | 92,600 | $4.24M | 0.41% | +92,600 | New |
| Steward Partners Investment Advisory, LLC | 90,890 | $4.16M | 0.02% | −346−0.4% | Reduced |
| RSM US Wealth Management LLC | 86,438 | $4.08M | 0.05% | −498−0.6% | Reduced |
| GWN Securities Inc. | 88,794 | $4.07M | 0.82% | 00.0% | Unchanged |
| Columbia Advisory Partners LLC | 85,325 | $3.91M | 2.66% | −7,057−7.6% | Reduced |
| Bank of Montreal | 84,076 | $3.85M | 0.00% | −4,036−4.6% | Reduced |
| Demars Financial Group, LLC | 78,665 | $3.60M | 1.21% | −3,547−4.3% | Reduced |
| Peak Financial Management, Inc. | 76,709 | $3.51M | 0.91% | −630−0.8% | Reduced |
| J.W. Cole Advisors, Inc. | 75,929 | $3.48M | 0.08% | +2,577+3.5% | Added |
| St. James Investment Company, LLC | 75,436 | $3.45M | 0.55% | −859−1.1% | Reduced |
| IPG Investment Advisors LLC | 72,115 | $3.30M | 0.58% | +3,570+5.2% | Added |
| Asset One Wealth Management LLC | 67,158 | $3.22M | 0.44% | +67,158 | New |
| Inspirion Wealth Advisors, LLC | 67,819 | $3.11M | 0.38% | +11,886+21.3% | Added |
| Brown Advisory Inc | 67,647 | $3.10M | 0.00% | −6,526−8.8% | Reduced |