Sprott Physical Gold Trust
PHYS- Exchange
- NYSE
- Industry
- Commodity Contracts Brokers & Dealers
- SEC CIK
- 0001477049
No open-market purchases or sales by Sprott Physical Gold Trust insiders were filed in the last 90 days; 655 institutions reported holding it in 13F filings for Q2 2026, worth $4.40B in total; Semper Augustus is the only superinvestor holding it.
13F holders, Q1 2025
Institutional positions in Sprott Physical Gold Trust as of Mar 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
- 541
- +52 vs. Q4 2024
- Shares held
- 125.6M
- +3.02M (+2.5%) vs. Q4 2024
- Total value
- $3.02B
- +$543.8M (+22.0%) vs. Q4 2024
- New holders
- 83
- 159 more added
- Sold out
- 31
- 144 more reduced
6 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 2024: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting PHYS 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 | 655 | $4.40B |
| Q1 2026 | 683 | $4.84B |
| Q4 2025 | 642 | $4.66B |
| Q3 2025 | 584 | $3.98B |
| Q2 2025 | 559 | $3.57B |
| Q1 2025 | 541 | $3.02B |
| Q4 2024 | 495 | $2.48B |
| Q3 2024 | 467 | $2.52B |
| Q2 2024 | 434 | $2.12B |
| Q1 2024 | 411 | $2.04B |
| Q4 2023 | 404 | $1.85B |
| Q3 2023 | 391 | $1.75B |
| Q2 2023 | 384 | $1.66B |
| Q1 2023 | 390 | $1.80B |
| Q4 2022 | 386 | $1.58B |
| Q3 2022 | 365 | $1.42B |
| Q2 2022 | 381 | $1.58B |
| Q1 2022 | 378 | $1.70B |
| Q4 2021 | 355 | $1.45B |
| Q3 2021 | 328 | $1.37B |
| Q2 2021 | 320 | $1.30B |
| Q1 2021 | 312 | $1.22B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Sprott Physical Gold Trust; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Royal Bank of Canada | 7,917,978 | $190.5M | 0.04% | +1,225,695+18.3% | Added |
| Morgan Stanley | 5,727,807 | $137.8M | 0.01% | −39,910−0.7% | Reduced |
| Federation des caisses Desjardins du Quebec | 5,304,046 | $127.6M | 0.63% | −48,928−0.9% | Reduced |
| Evanson Asset Management, LLC | 5,026,589 | $120.9M | 8.81% | −301,667−5.7% | Reduced |
| Central Trust Co | 4,643,973 | $111.7M | 2.75% | −204,248−4.2% | Reduced |
| Pekin Hardy Strauss, Inc. | 4,226,558 | $101.7M | 12.33% | +29,770+0.7% | Added |
| Polar Asset Management Partners Inc. | 3,821,555 | $91.9M | 3.05% | −552,400−12.6% | Reduced |
| Bleakley Financial Group, LLC | 2,772,374 | $66.7M | 2.14% | −120,311−4.2% | Reduced |
| Captrust Financial Advisors | 2,430,562 | $58.5M | 0.15% | −16,948−0.7% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 2,367,177 | $57.0M | 0.19% | +66,054+2.9% | Added |
| Matauro, LLC | 2,141,018 | $51.5M | 10.46% | +154,057+7.8% | Added |
| Raymond James Financial Inc | 2,077,643 | $50.0M | 0.02% | −138,405−6.2% | Reduced |
| Sprott Inc. | 1,988,236 | $47.8M | 2.83% | −99,250−4.8% | Reduced |
| Jupiter Asset Management Ltd | 1,953,178 | $47.1M | 0.45% | +192,612+10.9% | Added |
| South State Corp. | 1,885,075 | $45.4M | 2.07% | +11,035+0.6% | Added |
| Wealthcare Capital Management LLC | 1,699,189 | $40.9M | 4.15% | −212,518−11.1% | Reduced |
| Envestnet Asset Management Inc | 1,682,311 | $40.5M | 0.01% | −130,801−7.2% | Reduced |
| Commonwealth Equity Services, LLC | 1,532,259 | $36.9M | 0.05% | +170,662+12.5% | Added |
| Wells Fargo & Company | 1,516,504 | $36.5M | 0.01% | +5,596+0.4% | Added |
| LPL Financial LLC | 1,460,290 | $35.1M | 0.01% | +9,179+0.6% | Added |
| Forest Hill Capital, LLC | 1,448,500 | $34.9M | 26.08% | 00.0% | Unchanged |
| Private Advisor Group, LLC | 1,307,698 | $31.5M | 0.19% | +126,850+10.7% | Added |
| Advisor Group Holdings, Inc. | 1,209,682 | $29.1M | 0.06% | +265,555+28.1% | Added |
| Wealth Enhancement Advisory Services, LLC | 1,172,384 | $28.2M | 0.05% | +665,199+131.2% | Added |
| Basepoint Wealth LLC | 1,156,894 | $27.8M | 21.77% | −17,037−1.5% | Reduced |
| Cetera Investment Advisers | 1,155,076 | $27.8M | 0.05% | +23,608+2.1% | Added |
| Auxano Advisors, LLC | 1,020,612 | $24.6M | 6.51% | +19,187+1.9% | Added |
| Kestra Advisory Services, LLC | 997,846 | $24.0M | 0.12% | −453,231−31.2% | Reduced |
| Jane Street Group, LLC | 976,052 | $23.5M | 0.04% | −1,013,025−50.9% | Reduced |
| Capital Wealth Alliance, LLC | 972,330 | $23.4M | 13.98% | +12,937+1.3% | Added |
| Northwestern Mutual Wealth Management Co | 943,412 | $22.7M | 0.02% | −31,213−3.2% | Reduced |
| Bank of America Corp | 938,012 | $22.6M | 0.00% | +16,826+1.8% | Added |
| HighTower Advisors, LLC | 899,783 | $21.6M | 0.03% | +62,911+7.5% | Added |
| Van Den Berg Management I, Inc | 872,529 | $21.0M | 6.43% | −13,411−1.5% | Reduced |
| Schwarz Dygos Wheeler Investment Advisors LLC | 860,211 | $20.7M | 4.92% | +21,402+2.6% | Added |
| Concorde Financial Corp | 843,297 | $20.3M | 11.19% | +2,737+0.3% | Added |
| Bank of Montreal | 812,258 | $19.6M | 0.01% | +26,744+3.4% | Added |
| Baird Financial Group, Inc. | 772,874 | $18.6M | 0.04% | −8,598−1.1% | Reduced |
| Scotia Capital Inc. | 758,099 | $18.3M | 0.10% | +438,259+137.0% | Added |
| 3EDGE Asset Management, LP | 672,751 | $16.0M | 1.09% | +197,796+41.6% | Added |
| Cyndeo Wealth Partners, LLC | 665,430 | $16.0M | 1.05% | −1,543−0.2% | Reduced |
| Meixler Investment Management, Ltd. | 654,270 | $15.7M | 10.91% | −167,883−20.4% | Reduced |
| Whitaker-Myers Wealth Managers, LTD. | 625,352 | $15.0M | 4.22% | +288,642+85.7% | Added |
| Stifel Financial Corp | 620,689 | $14.9M | 0.02% | +58,410+10.4% | Added |
| Spears Abacus Advisors LLC | 615,590 | $14.8M | 0.32% | 00.0% | Unchanged |
| Marex Group plc | 608,830 | $14.6M | 0.28% | −29,850−4.7% | Reduced |
| TCP Asset Management, LLC | 606,485 | $14.6M | 3.26% | −8,575−1.4% | Reduced |
| Toroso Investments, LLC | 589,927 | $14.2M | 0.12% | +589,927 | New |
| Fidelis Capital Partners, LLC | 553,280 | $13.9M | 1.48% | +3,000+0.5% | Added |
| Integrated Wealth Concepts LLC | 571,700 | $13.8M | 0.16% | −84,407−12.9% | Reduced |
| CIBC World Markets Inc. | 559,844 | $13.5M | 0.03% | +77,546+16.1% | Added |
| Beacon Pointe Advisors, LLC | 554,485 | $13.3M | 0.15% | −34,023−5.8% | Reduced |
| Mariner, LLC | 551,702 | $13.3M | 0.02% | +375,603+213.3% | Added |
| Wealthcare Advisory Partners LLC | 541,704 | $13.0M | 0.35% | +418,273+338.9% | Added |
| JPMorgan Chase & Co | 536,004 | $12.9M | 0.00% | +89,381+20.0% | Added |
| O'Brien Greene & Co. Inc | 510,372 | $12.3M | 4.12% | +30,181+6.3% | Added |
| Cohen & Steers, Inc. | 502,155 | $12.1M | 0.02% | +10,000+2.0% | Added |
| National Bank of Canada | 499,516 | $11.9M | 0.01% | +47,033+10.4% | Added |
| Mountain Lake Investment Management LLC | 490,593 | $11.8M | 11.11% | +114,593+30.5% | Added |
| Quilter Plc | 459,731 | $11.1M | 0.23% | −36,456−7.3% | Reduced |
| Barometer Capital Management Inc. | 455,670 | $11.0M | 4.08% | +355,270+353.9% | Added |
| Philadelphia Trust Co | 429,114 | $10.3M | 0.88% | −24,308−5.4% | Reduced |
| Essex Financial Services, Inc. | 417,746 | $10.1M | 0.72% | +2,061+0.5% | Added |
| Manatuck Hill Partners, LLC | 412,500 | $9.92M | 4.57% | +412,500 | New |
| Avantax Advisory Services, Inc. | 412,105 | $9.92M | 0.06% | +396,193+2,489.9% | Added |
| Atria Wealth Solutions, Inc. | 406,043 | $9.77M | 0.12% | −106,299−20.7% | Reduced |
| Global Endowment Management, LP | 396,000 | $9.53M | 1.24% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 386,763 | $9.31M | 0.03% | −4,494−1.1% | Reduced |
| Guild Investment Management, Inc. | 385,039 | $9.26M | 9.73% | +2,869+0.8% | Added |
| Silvercrest Asset Management Group LLC | 364,930 | $8.78M | 0.06% | 00.0% | Unchanged |
| Chemung Canal Trust Co | 358,715 | $8.63M | 1.90% | −38,870−9.8% | Reduced |
| Accordant Advisory Group Inc | 336,088 | $8.09M | 7.91% | +57,017+20.4% | Added |
| Vident Advisory, LLC | 335,373 | $8.07M | 0.12% | +42,904+14.7% | Added |
| Advisory Services Network, LLC | 330,552 | $7.95M | 0.15% | +5,848+1.8% | Added |
| SMI Advisory Services, LLC | 345,285 | $7.88M | 1.78% | +128,816+59.5% | Added |
| Pacific Sage Partners, LLC | 326,985 | $7.87M | 1.77% | −312−0.1% | Reduced |
| Prospera Financial Services Inc | 322,011 | $7.75M | 0.18% | −1,982−0.6% | Reduced |
| Strategic Blueprint, LLC | 313,238 | $7.54M | 0.41% | +65,049+26.2% | Added |
| Sanctuary Advisors, LLC | 309,860 | $7.46M | 0.05% | −16,595−5.1% | Reduced |
| Pictet Asset Management Holding SA | 305,151 | $7.34M | 0.01% | 00.0% | Unchanged |
| Blair William & Co | 300,205 | $7.22M | 0.02% | +31,600+11.8% | Added |
| Biltmore Family Office, LLC | 299,475 | $7.21M | 1.23% | −832−0.3% | Reduced |
| Steward Partners Investment Advisory, LLC | 298,629 | $7.19M | 0.06% | −29,736−9.1% | Reduced |
| Amitell Capital Pte Ltd | 295,959 | $7.12M | 5.50% | −47,048−13.7% | Reduced |
| Bailard, Inc. | 294,738 | $7.09M | 0.18% | 00.0% | Unchanged |
| Alpha Advisors, LLC | 290,436 | $6.99M | 6.08% | −9,836−3.3% | Reduced |
| Creative Planning | 285,509 | $6.87M | 0.01% | +93,814+48.9% | Added |
| Laird Norton Trust Company, LLC | 282,293 | $6.79M | 1.09% | −181,007−39.1% | Reduced |
| Ancora Advisors, LLC | 277,878 | $6.69M | 0.15% | +36,859+15.3% | Added |
| Palumbo Wealth Management LLC | 277,008 | $6.66M | 2.23% | +2,501+0.9% | Added |
| Hubbell Strickland Wealth Management, LLC | 265,865 | $6.40M | 3.03% | +3,120+1.2% | Added |
| Courage Capital Management LLC | 264,500 | $6.36M | 12.99% | 00.0% | Unchanged |
| Evergreen Capital Management LLC | 259,180 | $6.24M | 0.21% | +20,733+8.7% | Added |
| Money Concepts Capital Corp | 257,340 | $6.19M | 0.46% | −14,336−5.3% | Reduced |
| PFG Investments, LLC | 256,521 | $6.17M | 0.40% | −3,503−1.3% | Reduced |
| Pasadena Private Wealth, LLC | 251,791 | $6.06M | 1.17% | +4,383+1.8% | Added |
| Geneos Wealth Management Inc. | 244,517 | $5.88M | 0.20% | −1,052−0.4% | Reduced |
| NewEdge Wealth, LLC | 237,840 | $5.72M | 0.10% | +11,400+5.0% | Added |
| Ausdal Financial Partners, Inc. | 236,297 | $5.69M | 0.43% | −11,601−4.7% | Reduced |
| Transcend Wealth Collective, LLC | 235,871 | $5.68M | 0.41% | +235,871 | New |