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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
AE Wealth Management LLC62,940$1.51M0.01%−21,670−25.6%Reduced
Nwam LLC61,395$1.48M0.13%−969−1.6%Reduced
Sonoma Private Wealth LLC61,285$1.47M2.05%+61,285New
Columbia Advisory Partners LLC60,967$1.47M1.27%+47,995+370.0%Added
ORG Wealth Partners, LLC60,690$1.47M0.45%+59,650+5,735.6%Added
Foster Dykema Cabot & Partners, LLC60,329$1.45M0.12%00.0%Unchanged
AlphaCore Capital LLC60,837$1.45M0.12%+60,837New
Banque Pictet & Cie SA60,182$1.45M0.02%00.0%Unchanged
J.W. Cole Advisors, Inc.59,768$1.44M0.04%+17,637+41.9%Added
Rossby Financial, LCC56,950$1.43M0.62%−384−0.7%Reduced
FLP Wealth Management, LLC59,474$1.43M4.55%+8,936+17.7%Added
Claret Asset Management Corp59,315$1.43M0.21%−310−0.5%Reduced
Silver Oak Securities, Inc58,478$1.39M0.13%+10,267+21.3%Added
Miracle Mile Advisors, LLC56,938$1.37M0.03%+56,938New
Arnhold LLC56,486$1.36M0.14%00.0%Unchanged
Harbour Investments, Inc.56,366$1.36M0.04%+21,509+61.7%Added
Aptus Capital Advisors, LLC55,717$1.34M0.02%−423−0.8%Reduced
Insight Advisors, LLC53,997$1.30M0.23%−125−0.2%Reduced
TruNorth Capital Management, LLC53,499$1.29M0.32%00.0%Unchanged
Kestra Private Wealth Services, LLC52,283$1.26M0.02%+1,349+2.6%Added
VanWeelden Wealth Management, LLC52,035$1.25M1.11%+4,730+10.0%Added
Verity Asset Management, Inc.51,791$1.25M0.51%+10,660+25.9%Added
Kavar Capital Partners Group, LLC51,400$1.24M0.21%+51,400New
G&S Capital LLC51,299$1.23M0.52%−5,500−9.7%Reduced
Archetype Wealth Partners51,283$1.23M0.18%+30,218+143.5%Added
Sowell Financial Services LLC51,127$1.23M0.06%+9,985+24.3%Added
Security National Bank50,943$1.23M0.23%00.0%Unchanged
Fiduciary Trust Co49,900$1.20M0.02%−5,620−10.1%Reduced
Financial Advisory Service, Inc.49,515$1.19M0.10%−200−0.4%Reduced
M&T Bank Corp49,310$1.19M0.00%−10,717−17.9%Reduced
Procyon Private Wealth Partners, LLC49,186$1.18M0.07%−986−2.0%Reduced
IPG Investment Advisors LLC49,133$1.18M0.27%−641−1.3%Reduced
Freestone Capital Holdings, LLC48,431$1.17M0.04%+1,588+3.4%Added
Ade, LLC48,291$1.16M0.67%+925+2.0%Added
Whittier Trust Co48,172$1.16M0.02%−700−1.4%Reduced
Lane Generational LLC47,244$1.14M1.29%00.0%Unchanged
Warren Averett Asset Management, LLC47,205$1.14M0.01%+350+0.7%Added
SeaCrest Wealth Management, LLC47,088$1.13M0.13%+3,172+7.2%Added
Euro Pacific Asset Management, LLC47,761$1.11M0.20%−72−0.2%Reduced
Andina Capital Management, LLC45,962$1.11M0.79%+45,962New
Proficio Capital Partners LLC45,600$1.10M0.08%00.0%Unchanged
Nvest Financial, LLC44,860$1.08M0.58%+9,904+28.3%Added
Eqis Capital Management, Inc.44,667$1.07M0.09%−2,916−6.1%Reduced
Baker Avenue Asset Management, LP43,690$1.05M0.03%−442−1.0%Reduced
LVM Capital Management Ltd43,675$1.05M0.12%00.0%Unchanged
Summit Financial, LLC43,659$1.05M0.03%+8,944+25.8%Added
Whittier Trust Co of Nevada Inc43,532$1.05M0.03%00.0%Unchanged
StoneX Group Inc.42,920$1.03M0.06%−230−0.5%Reduced
Cypress Wealth Services, LLC42,832$1.03M0.21%−70−0.2%Reduced
Pettinga Financial Advisors, LLC42,772$1.03M0.24%−3,425−7.4%Reduced
Fielder Capital Group LLC42,207$1.02M0.29%00.0%Unchanged
Sandy Cove Advisors, LLC42,201$1.02M0.41%00.0%Unchanged
Hengehold Capital Management LLC42,163$1.01M0.10%−2,832−6.3%Reduced
Rehmann Capital Advisory Group41,954$1.01M0.06%00.0%Unchanged
Keel Point, LLC41,944$1.01M0.08%+159+0.4%Added
Hurley Capital, LLC41,533$999.3K0.76%−3,208−7.2%Reduced
CWM, LLC41,498$998.0K0.00%+15,987+62.7%Added
Simplicity Wealth,LLC41,200$991.3K0.08%+5,231+14.5%Added
City National Bank of Florida41,200$991.3K0.89%+41,200New
Islay Capital Management, LLC41,161$990.3K0.67%00.0%Unchanged
White Pine Capital LLC40,904$984.1K0.34%+390+1.0%Added
Flynn Zito Capital Management, LLC40,841$982.6K0.45%00.0%Unchanged
Apollon Wealth Management, LLC40,448$973.2K0.02%+15,780+64.0%Added
Oxbow Advisors, LLC39,710$955.4K0.10%+16,478+70.9%Added
Beutel, Goodman & Co Ltd.39,500$950.0K0.01%+39,500New
Brookwood Investment Group LLC39,015$938.7K0.16%+39,015New
Avenir Corp38,860$935.0K0.10%00.0%Unchanged
Harmony Asset Management LLC38,761$932.6K0.39%00.0%Unchanged
IFP Advisors, Inc37,759$908.5K0.03%+10,872+40.4%Added
Rockport Wealth LLC37,230$895.8K0.32%00.0%Unchanged
Prime Capital Investment Advisors, LLC36,966$889.4K0.01%+36,966New
Lido Advisors, LLC36,783$885.0K0.01%+11,147+43.5%Added
Pathstone Holdings, LLC36,598$880.5K0.00%−355−1.0%Reduced
Optimum Investment Advisors35,900$863.8K0.41%+2,700+8.1%Added
True North Advisors, LLC35,817$861.8K0.15%00.0%Unchanged
Financial Advocates Investment Management35,515$854.5K0.06%−700−1.9%Reduced
Bradley Foster & Sargent Inc35,122$845.0K0.01%00.0%Unchanged
BlackRock, Inc.34,962$841.2K0.00%+2,175+6.6%Added
Stephens Inc34,925$840.3K0.01%00.0%Unchanged
Ameriprise Financial Inc34,738$835.8K0.00%−633−1.8%Reduced
McAdam, LLC34,585$832.1K0.05%+34,585New
Private Client Services, LLC34,549$831.2K0.41%−30,026−46.5%Reduced
Merit Financial Group, LLC34,287$824.9K0.01%+5,831+20.5%Added
BCS Wealth Management32,642$785.0K0.20%+20,670+172.7%Added
Foundations Investment Advisors, LLC32,563$783.5K0.01%+5,302+19.4%Added
Commerce Bank32,536$782.8K0.00%−1,000−3.0%Reduced
Tectonic Advisors LLC31,458$756.9K0.05%−3,416−9.8%Reduced
Equitable Holdings, Inc.31,410$755.7K0.01%+498+1.6%Added
Cutter & CO Brokerage, Inc.31,337$754.0K0.18%+10,087+47.5%Added
Aveo Capital Partners, LLC29,214$752.6K0.13%−914−3.0%Reduced
Ingalls & Snyder LLC31,129$749.0K0.02%00.0%Unchanged
MKT Advisors LLC32,546$742.7K0.35%+36+0.1%Added
Cozad Asset Management Inc30,669$737.9K0.07%+25+0.1%Added
J2 Capital Management Inc30,278$728.5K0.67%+7,945+35.6%Added
U.S. Capital Wealth Advisors, LLC29,661$713.6K0.02%+772+2.7%Added
Latitude Advisors, LLC29,240$703.5K0.41%00.0%Unchanged
GWN Securities Inc.29,240$703.5K0.04%+10,221+53.7%Added
Kovitz Investment Group Partners, LLC28,657$689.5K0.00%−34,839−54.9%Reduced
Walleye Capital LLC28,400$683.3K0.01%+28,400New
Straight Path Wealth Management28,294$680.8K0.28%−8,156−22.4%Reduced