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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.

Institutional holdersQ1 2025: 541 institutions
Q1 2021: 312 institutionsQ2 2021: 320 institutionsQ3 2021: 328 institutionsQ4 2021: 355 institutionsQ1 2022: 378 institutionsQ2 2022: 381 institutionsQ3 2022: 365 institutionsQ4 2022: 386 institutionsQ1 2023: 390 institutionsQ2 2023: 384 institutionsQ3 2023: 391 institutionsQ4 2023: 404 institutionsQ1 2024: 411 institutionsQ2 2024: 434 institutionsQ3 2024: 467 institutionsQ4 2024: 495 institutionsQ1 2025: 541 institutionsQ2 2025: 559 institutionsQ3 2025: 584 institutionsQ4 2025: 642 institutionsQ1 2026: 683 institutionsQ2 2026: 655 institutions
Value heldQ1 2025: $3.02B
Q1 2021: $1.22BQ2 2021: $1.30BQ3 2021: $1.37BQ4 2021: $1.45BQ1 2022: $1.70BQ2 2022: $1.58BQ3 2022: $1.42BQ4 2022: $1.58BQ1 2023: $1.80BQ2 2023: $1.66BQ3 2023: $1.75BQ4 2023: $1.85BQ1 2024: $2.04BQ2 2024: $2.12BQ3 2024: $2.52BQ4 2024: $2.48BQ1 2025: $3.02BQ2 2025: $3.57BQ3 2025: $3.98BQ4 2025: $4.66BQ1 2026: $4.84BQ2 2026: $4.40B
Institutions holding PHYS and their total value by quarter
QuarterHoldersValue
Q2 2026655$4.40B
Q1 2026683$4.84B
Q4 2025642$4.66B
Q3 2025584$3.98B
Q2 2025559$3.57B
Q1 2025541$3.02B
Q4 2024495$2.48B
Q3 2024467$2.52B
Q2 2024434$2.12B
Q1 2024411$2.04B
Q4 2023404$1.85B
Q3 2023391$1.75B
Q2 2023384$1.66B
Q1 2023390$1.80B
Q4 2022386$1.58B
Q3 2022365$1.42B
Q2 2022381$1.58B
Q1 2022378$1.70B
Q4 2021355$1.45B
Q3 2021328$1.37B
Q2 2021320$1.30B
Q1 2021312$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.

Institutions holding PHYS in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Proficio Capital Partners LLC45,600$1.10M0.08%00.0%Unchanged
Andina Capital Management, LLC45,962$1.11M0.79%+45,962New
Euro Pacific Asset Management, LLC47,761$1.11M0.20%−72−0.2%Reduced
SeaCrest Wealth Management, LLC47,088$1.13M0.13%+3,172+7.2%Added
Warren Averett Asset Management, LLC47,205$1.14M0.01%+350+0.7%Added
Lane Generational LLC47,244$1.14M1.29%00.0%Unchanged
Whittier Trust Co48,172$1.16M0.02%−700−1.4%Reduced
Ade, LLC48,291$1.16M0.67%+925+2.0%Added
Freestone Capital Holdings, LLC48,431$1.17M0.04%+1,588+3.4%Added
IPG Investment Advisors LLC49,133$1.18M0.27%−641−1.3%Reduced
Procyon Private Wealth Partners, LLC49,186$1.18M0.07%−986−2.0%Reduced
M&T Bank Corp49,310$1.19M0.00%−10,717−17.9%Reduced
Financial Advisory Service, Inc.49,515$1.19M0.10%−200−0.4%Reduced
Fiduciary Trust Co49,900$1.20M0.02%−5,620−10.1%Reduced
Security National Bank50,943$1.23M0.23%00.0%Unchanged
Sowell Financial Services LLC51,127$1.23M0.06%+9,985+24.3%Added
Archetype Wealth Partners51,283$1.23M0.18%+30,218+143.5%Added
G&S Capital LLC51,299$1.23M0.52%−5,500−9.7%Reduced
Kavar Capital Partners Group, LLC51,400$1.24M0.21%+51,400New
Verity Asset Management, Inc.51,791$1.25M0.51%+10,660+25.9%Added
VanWeelden Wealth Management, LLC52,035$1.25M1.11%+4,730+10.0%Added
Kestra Private Wealth Services, LLC52,283$1.26M0.02%+1,349+2.6%Added
TruNorth Capital Management, LLC53,499$1.29M0.32%00.0%Unchanged
Insight Advisors, LLC53,997$1.30M0.23%−125−0.2%Reduced
Aptus Capital Advisors, LLC55,717$1.34M0.02%−423−0.8%Reduced
Harbour Investments, Inc.56,366$1.36M0.04%+21,509+61.7%Added
Arnhold LLC56,486$1.36M0.14%00.0%Unchanged
Miracle Mile Advisors, LLC56,938$1.37M0.03%+56,938New
Silver Oak Securities, Inc58,478$1.39M0.13%+10,267+21.3%Added
Claret Asset Management Corp59,315$1.43M0.21%−310−0.5%Reduced
FLP Wealth Management, LLC59,474$1.43M4.55%+8,936+17.7%Added
Rossby Financial, LCC56,950$1.43M0.62%−384−0.7%Reduced
J.W. Cole Advisors, Inc.59,768$1.44M0.04%+17,637+41.9%Added
Banque Pictet & Cie SA60,182$1.45M0.02%00.0%Unchanged
AlphaCore Capital LLC60,837$1.45M0.12%+60,837New
Foster Dykema Cabot & Partners, LLC60,329$1.45M0.12%00.0%Unchanged
ORG Wealth Partners, LLC60,690$1.47M0.45%+59,650+5,735.6%Added
Columbia Advisory Partners LLC60,967$1.47M1.27%+47,995+370.0%Added
Sonoma Private Wealth LLC61,285$1.47M2.05%+61,285New
Nwam LLC61,395$1.48M0.13%−969−1.6%Reduced
AE Wealth Management LLC62,940$1.51M0.01%−21,670−25.6%Reduced
Clifford Swan Investment Counsel LLC63,035$1.52M0.06%00.0%Unchanged
Intrua Financial, LLC63,399$1.53M0.24%+63,399New
GWM Advisors LLC63,605$1.53M0.01%−2,155−3.3%Reduced
Sigma Planning Corp63,985$1.54M0.05%+425+0.7%Added
LaSalle St. Investment Advisors, LLC66,037$1.59M0.37%+45,000+213.9%Added
First Manhattan Co66,599$1.60M0.00%00.0%Unchanged
Two Sigma Securities, LLC68,100$1.64M0.25%+68,100New
Cerity Partners LLC68,379$1.65M0.00%+24,380+55.4%Added
Independent Family Office, LLC68,391$1.65M0.87%00.0%Unchanged
IHT Wealth Management, LLC68,495$1.65M0.05%+5,235+8.3%Added
Waddell & Associates, LLC69,607$1.67M0.20%−6,422−8.4%Reduced
Change Path, LLC69,704$1.68M0.05%+2,408+3.6%Added
Permanens Capital L.P.70,327$1.69M0.31%+70,327New
HC Advisors, LLC71,206$1.71M1.28%00.0%Unchanged
Wakefield Asset Management LLLP71,250$1.71M0.52%−10,149−12.5%Reduced
E&G Advisors, LP74,961$1.80M0.51%+1,230+1.7%Added
Wealth Management Associates, Inc.78,163$1.88M0.81%+100.0%Added
Hedges Asset Management LLC78,500$1.89M1.24%−8,000−9.2%Reduced
TownSquare Capital, LLC78,702$1.89M0.02%+30,101+61.9%Added
CIBC Private Wealth Group, LLC82,793$1.91M0.00%+10,884+15.1%Added
North Star Investment Management Corp.79,409$1.91M0.14%00.0%Unchanged
MML Investors Services, LLC80,891$1.95M0.01%+5,738+7.6%Added
Insight Wealth Partners, LLC84,029$2.02M1.22%−18,789−18.3%Reduced
New Harbor Financial Group, LLC84,344$2.03M0.54%−18,162−17.7%Reduced
Hollencrest Capital Management84,915$2.04M0.09%00.0%Unchanged
Sentinel Pension Advisors Inc84,976$2.04M0.38%−116−0.1%Reduced
Guardian Wealth Advisors, LLC88,767$2.14M0.17%−1,656−1.8%Reduced
Beaird Harris Wealth Management, LLC88,930$2.14M0.18%−1,088−1.2%Reduced
St. James Investment Company, LLC89,145$2.14M0.36%−1,165−1.3%Reduced
Bard Financial Services, Inc.89,220$2.15M0.26%+89,220New
Dakota Wealth Management89,249$2.15M0.05%−4,000−4.3%Reduced
Montis Financial, LLC90,551$2.18M0.64%−1,361−1.5%Reduced
Avidian Wealth Solutions, LLC91,682$2.21M0.10%00.0%Unchanged
Black Point Wealth Management92,463$2.22M12.87%−230,661−71.4%Reduced
Davenport & Co LLC93,684$2.25M0.01%−326−0.3%Reduced
Belpointe Asset Management LLC93,754$2.26M0.12%+93,754New
Apella Capital, LLC96,450$2.28M0.08%+96,450New
Truist Financial Corp96,924$2.33M0.00%+6,000+6.6%Added
Pensionmark Financial Group, LLC97,335$2.34M0.06%+97,335New
Larson Financial Group LLC97,973$2.36M0.11%+230+0.2%Added
Quadrant Private Wealth Management, LLC99,513$2.39M0.60%+4,775+5.0%Added
XTX Topco Ltd100,573$2.42M0.12%+19,853+24.6%Added
Insigneo Advisory Services, LLC101,100$2.43M0.25%+14,250+16.4%Added
Surience Private Wealth LLC101,540$2.44M4.26%+101,540New
A. D. Beadell Investment Counsel, Inc.102,199$2.46M2.05%−5,900−5.5%Reduced
BIP Wealth, LLC104,482$2.51M0.16%00.0%Unchanged
Valued Retirements, Inc.105,147$2.53M3.33%+46,798+80.2%Added
Claudia M.P. Batlle, CRP (R) LLC107,420$2.58M0.63%−1,000−0.9%Reduced
IMC-Chicago, LLC108,632$2.61M0.10%−1,917,131−94.6%Reduced
Pine Valley Investments Ltd Liability Co108,895$2.62M0.17%−5,800−5.1%Reduced
Proactive Wealth Strategies LLC110,882$2.67M1.42%+110,882New
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors113,634$2.71M0.41%+98,824+667.3%Added
Farringdon Capital, Ltd.113,691$2.74M1.38%−47,766−29.6%Reduced
Red Door Wealth Management, LLC114,862$2.76M0.41%00.0%Unchanged
Cypress Capital Management LLC (WY)115,029$2.77M3.31%−1,461−1.3%Reduced
HRT Financial LP116,005$2.79M0.02%+116,005New
ORG Partners LLC117,610$2.84M0.70%−123,306−51.2%Reduced
Mercer Global Advisors Inc118,553$2.85M0.01%+100,217+546.6%Added
Tiaa Trust, National Association121,925$2.93M0.01%00.0%Unchanged