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 |
|---|---|---|---|---|---|
| Cyndeo Wealth Partners, LLC | 665,430 | $16.0M | 1.05% | −1,543−0.2% | Reduced |
| 3EDGE Asset Management, LP | 672,751 | $16.0M | 1.09% | +197,796+41.6% | Added |
| Scotia Capital Inc. | 758,099 | $18.3M | 0.10% | +438,259+137.0% | Added |
| Baird Financial Group, Inc. | 772,874 | $18.6M | 0.04% | −8,598−1.1% | Reduced |
| Bank of Montreal | 812,258 | $19.6M | 0.01% | +26,744+3.4% | Added |
| Concorde Financial Corp | 843,297 | $20.3M | 11.19% | +2,737+0.3% | Added |
| Schwarz Dygos Wheeler Investment Advisors LLC | 860,211 | $20.7M | 4.92% | +21,402+2.6% | Added |
| Van Den Berg Management I, Inc | 872,529 | $21.0M | 6.43% | −13,411−1.5% | Reduced |
| HighTower Advisors, LLC | 899,783 | $21.6M | 0.03% | +62,911+7.5% | Added |
| Bank of America Corp | 938,012 | $22.6M | 0.00% | +16,826+1.8% | Added |
| Northwestern Mutual Wealth Management Co | 943,412 | $22.7M | 0.02% | −31,213−3.2% | Reduced |
| Capital Wealth Alliance, LLC | 972,330 | $23.4M | 13.98% | +12,937+1.3% | Added |
| Jane Street Group, LLC | 976,052 | $23.5M | 0.04% | −1,013,025−50.9% | Reduced |
| Kestra Advisory Services, LLC | 997,846 | $24.0M | 0.12% | −453,231−31.2% | Reduced |
| Auxano Advisors, LLC | 1,020,612 | $24.6M | 6.51% | +19,187+1.9% | Added |
| Cetera Investment Advisers | 1,155,076 | $27.8M | 0.05% | +23,608+2.1% | Added |
| Basepoint Wealth LLC | 1,156,894 | $27.8M | 21.77% | −17,037−1.5% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 1,172,384 | $28.2M | 0.05% | +665,199+131.2% | Added |
| Advisor Group Holdings, Inc. | 1,209,682 | $29.1M | 0.06% | +265,555+28.1% | Added |
| Private Advisor Group, LLC | 1,307,698 | $31.5M | 0.19% | +126,850+10.7% | Added |
| Forest Hill Capital, LLC | 1,448,500 | $34.9M | 26.08% | 00.0% | Unchanged |
| LPL Financial LLC | 1,460,290 | $35.1M | 0.01% | +9,179+0.6% | Added |
| Wells Fargo & Company | 1,516,504 | $36.5M | 0.01% | +5,596+0.4% | Added |
| Commonwealth Equity Services, LLC | 1,532,259 | $36.9M | 0.05% | +170,662+12.5% | Added |
| Envestnet Asset Management Inc | 1,682,311 | $40.5M | 0.01% | −130,801−7.2% | Reduced |
| Wealthcare Capital Management LLC | 1,699,189 | $40.9M | 4.15% | −212,518−11.1% | Reduced |
| South State Corp. | 1,885,075 | $45.4M | 2.07% | +11,035+0.6% | Added |
| Jupiter Asset Management Ltd | 1,953,178 | $47.1M | 0.45% | +192,612+10.9% | Added |
| Sprott Inc. | 1,988,236 | $47.8M | 2.83% | −99,250−4.8% | Reduced |
| Raymond James Financial Inc | 2,077,643 | $50.0M | 0.02% | −138,405−6.2% | Reduced |
| Matauro, LLC | 2,141,018 | $51.5M | 10.46% | +154,057+7.8% | Added |
| Cambridge Investment Research Advisors, Inc. | 2,367,177 | $57.0M | 0.19% | +66,054+2.9% | Added |
| Captrust Financial Advisors | 2,430,562 | $58.5M | 0.15% | −16,948−0.7% | Reduced |
| Bleakley Financial Group, LLC | 2,772,374 | $66.7M | 2.14% | −120,311−4.2% | Reduced |
| Polar Asset Management Partners Inc. | 3,821,555 | $91.9M | 3.05% | −552,400−12.6% | Reduced |
| Pekin Hardy Strauss, Inc. | 4,226,558 | $101.7M | 12.33% | +29,770+0.7% | Added |
| Central Trust Co | 4,643,973 | $111.7M | 2.75% | −204,248−4.2% | Reduced |
| Evanson Asset Management, LLC | 5,026,589 | $120.9M | 8.81% | −301,667−5.7% | Reduced |
| Federation des caisses Desjardins du Quebec | 5,304,046 | $127.6M | 0.63% | −48,928−0.9% | Reduced |
| Morgan Stanley | 5,727,807 | $137.8M | 0.01% | −39,910−0.7% | Reduced |
| Royal Bank of Canada | 7,917,978 | $190.5M | 0.04% | +1,225,695+18.3% | Added |
| Proequities, Inc. | 0 | $0 | 0.00% | −6,893−100.0% | Sold out |
| Equinox Partners Investment Management LLC | 0 | $0 | 0.00% | −131,673−100.0% | Sold out |
| Weiss Asset Management LP | 0 | $0 | 0.00% | −114,132−100.0% | Sold out |
| Fiduciary Family Office, LLC | 0 | $0 | 0.00% | −102,506−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −74,995−100.0% | Sold out |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −39,669−100.0% | Sold out |
| Kingswood Wealth Advisors, LLC | 0 | $0 | 0.00% | −39,450−100.0% | Sold out |
| Westwood Holdings Group Inc. | 0 | $0 | 0.00% | −25,499−100.0% | Sold out |
| Drive Wealth Management, LLC | 0 | $0 | 0.00% | −24,550−100.0% | Sold out |
| Simon Quick Advisors, LLC | 0 | $0 | 0.00% | −23,452−100.0% | Sold out |
| First Hawaiian Bank | 0 | $0 | 0.00% | −22,778−100.0% | Sold out |
| Tower Research Capital LLC (TRC) | 0 | $0 | 0.00% | −20,909−100.0% | Sold out |
| Arrow Investment Advisors, LLC | 0 | $0 | 0.00% | −14,820−100.0% | Sold out |
| Savant Capital, LLC | 0 | $0 | 0.00% | −12,531−100.0% | Sold out |
| Independent Advisor Alliance | 0 | $0 | 0.00% | −12,388−100.0% | Sold out |
| Howard Financial Services, Ltd. | 0 | $0 | 0.00% | −10,090−100.0% | Sold out |
| Wexford Capital LP | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| Federated Hermes, Inc. | 0 | $0 | 0.00% | −6,000−100.0% | Sold out |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 0 | $0 | 0.00% | −5,700−100.0% | Sold out |
| FNY Investment Advisers, LLC | 0 | $0 | 0.00% | −5,490−100.0% | Sold out |
| Lee Danner & Bass Inc | 0 | $0 | 0.00% | −4,400−100.0% | Sold out |
| Robinson Value Management, Ltd. | 0 | $0 | 0.00% | −3,000−100.0% | Sold out |
| Jones Financial Companies LLLP | 0 | $0 | 0.00% | −1,925−100.0% | Sold out |
| Van Hulzen Asset Management, LLC | 0 | $0 | 0.00% | −1,800−100.0% | Sold out |
| Fedenia Advisers LLC | 0 | $0 | 0.00% | −1,285−100.0% | Sold out |
| Kohmann Bosshard Financial Services, LLC | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| Plante Moran Financial Advisors, LLC | 0 | $0 | 0.00% | −805−100.0% | Sold out |
| Caitlin John, LLC | 0 | $0 | 0.00% | −600−100.0% | Sold out |
| PSI Advisors, LLC | 0 | $0 | 0.00% | −172−100.0% | Sold out |
| Tucker Asset Management LLC | 0 | $0 | 0.00% | −156−100.0% | Sold out |
| Coppell Advisory Solutions LLC | 0 | $0 | 0.00% | −110−100.0% | Sold out |
| WR Wealth Planners, LLC | – | – | – | – | Not filed |
| Sugarloaf Wealth Management, LLC | – | – | – | – | Not filed |
| Legacy Investment Solutions, LLC | – | – | – | – | Not filed |
| Hilltop National Bank | – | – | – | – | Not filed |
| Global Retirement Partners, LLC | – | – | – | – | Not filed |
| Oliver Lagore Vanvalin Investment Group | – | – | – | – | Not filed |