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, Q2 2025
Institutional positions in Sprott Physical Gold Trust as of Jun 30, 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
- 559
- +24 vs. Q1 2025
- Shares held
- 140.5M
- +15.1M (+12.0%) vs. Q1 2025
- Total value
- $3.57B
- +$552.2M (+18.3%) vs. Q1 2025
- New holders
- 56
- 171 more added
- Sold out
- 32
- 178 more reduced
6 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding Sprott Physical Gold Trust; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Quilter Plc | 448,093 | $11.4M | 0.21% | −11,638−2.5% | Reduced |
| Hengehold Capital Management LLC | 456,451 | $11.6M | 1.05% | +414,288+982.6% | Added |
| Prospera Financial Services Inc | 482,843 | $12.2M | 0.23% | +160,832+49.9% | Added |
| Wealthcare Advisory Partners LLC | 488,158 | $12.4M | 0.28% | −53,546−9.9% | Reduced |
| Mountain Lake Investment Management LLC | 490,593 | $12.4M | 10.35% | 00.0% | Unchanged |
| Cohen & Steers, Inc. | 502,155 | $12.7M | 0.02% | 00.0% | Unchanged |
| National Bank of Canada | 518,149 | $12.9M | 0.01% | +18,633+3.7% | Added |
| O'Brien Greene & Co. Inc | 540,386 | $13.7M | 4.48% | +30,014+5.9% | Added |
| Avantax Advisory Services, Inc. | 545,100 | $13.8M | 0.08% | +132,995+32.3% | Added |
| Fidelis Capital Partners, LLC | 543,915 | $14.1M | 1.28% | −9,365−1.7% | Reduced |
| TCP Asset Management, LLC | 572,423 | $14.5M | 2.88% | −34,062−5.6% | Reduced |
| Beacon Pointe Advisors, LLC | 597,781 | $15.2M | 0.16% | +43,296+7.8% | Added |
| CIBC World Markets Inc. | 600,115 | $15.2M | 0.03% | +40,271+7.2% | Added |
| Spears Abacus Advisors LLC | 614,790 | $15.6M | 0.31% | −800−0.1% | Reduced |
| Concorde Financial Corp | 620,923 | $15.7M | 9.31% | −222,374−26.4% | Reduced |
| Stifel Financial Corp | 625,040 | $15.8M | 0.02% | +4,351+0.7% | Added |
| Meixler Investment Management, Ltd. | 631,977 | $16.0M | 11.04% | −22,293−3.4% | Reduced |
| Cyndeo Wealth Partners, LLC | 672,339 | $17.0M | 1.01% | +6,909+1.0% | Added |
| 3EDGE Asset Management, LP | 688,425 | $17.2M | 1.07% | +15,674+2.3% | Added |
| Baird Financial Group, Inc. | 792,223 | $20.1M | 0.04% | +19,349+2.5% | Added |
| Schwarz Dygos Wheeler Investment Advisors LLC | 866,257 | $22.0M | 5.00% | +6,046+0.7% | Added |
| Van Den Berg Management I, Inc | 866,612 | $22.0M | 6.24% | −5,917−0.7% | Reduced |
| Toroso Investments, LLC | 867,575 | $22.0M | 0.14% | +277,648+47.1% | Added |
| Scotia Capital Inc. | 868,624 | $22.2M | 0.10% | +110,525+14.6% | Added |
| Bank of America Corp | 909,453 | $23.1M | 0.00% | −28,559−3.0% | Reduced |
| Advisor Group Holdings, Inc. | 927,690 | $23.5M | 0.04% | −281,992−23.3% | Reduced |
| Northwestern Mutual Wealth Management Co | 969,658 | $24.6M | 0.02% | +26,246+2.8% | Added |
| HighTower Advisors, LLC | 971,062 | $24.6M | 0.03% | +71,279+7.9% | Added |
| Capital Wealth Alliance, LLC | 972,985 | $24.7M | 13.26% | +655+0.1% | Added |
| Auxano Advisors, LLC | 1,007,806 | $25.5M | 5.97% | −12,806−1.3% | Reduced |
| Wealthcare Capital Management LLC | 1,077,957 | $27.3M | 2.89% | −621,232−36.6% | Reduced |
| Basepoint Wealth LLC | 1,098,542 | $27.8M | 21.52% | −58,352−5.0% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 1,162,641 | $29.7M | 0.05% | −9,743−0.8% | Reduced |
| Private Advisor Group, LLC | 1,192,904 | $30.2M | 0.16% | −114,794−8.8% | Reduced |
| Cetera Investment Advisers | 1,199,310 | $30.4M | 0.05% | +44,234+3.8% | Added |
| Bank of Montreal | 881,244 | $30.4M | 0.02% | +68,986+8.5% | Added |
| Kestra Advisory Services, LLC | 1,418,276 | $36.0M | 0.18% | +420,430+42.1% | Added |
| Forest Hill Capital, LLC | 1,448,500 | $36.7M | 26.05% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 1,453,624 | $36.8M | 0.05% | −78,635−5.1% | Reduced |
| Wells Fargo & Company | 1,602,941 | $40.6M | 0.01% | +86,437+5.7% | Added |
| Envestnet Asset Management Inc | 1,617,170 | $41.0M | 0.01% | −65,141−3.9% | Reduced |
| Jane Street Group, LLC | 1,618,276 | $41.0M | 0.07% | +642,224+65.8% | Added |
| LPL Financial LLC | 1,661,906 | $42.1M | 0.01% | +201,616+13.8% | Added |
| Raymond James Financial Inc | 1,689,784 | $42.8M | 0.01% | −387,859−18.7% | Reduced |
| South State Corp. | 1,871,490 | $47.4M | 2.07% | −13,585−0.7% | Reduced |
| Sprott Inc. | 1,942,429 | $49.2M | 2.46% | −45,807−2.3% | Reduced |
| Matauro, LLC | 2,020,000 | $51.2M | 9.61% | −121,018−5.7% | Reduced |
| Jupiter Asset Management Ltd | 2,249,508 | $56.8M | 0.47% | +296,330+15.2% | Added |
| Captrust Financial Advisors | 2,453,340 | $62.2M | 0.14% | +22,778+0.9% | Added |
| Cambridge Investment Research Advisors, Inc. | 2,505,048 | $63.5M | 0.19% | +137,871+5.8% | Added |
| Bleakley Financial Group, LLC | 2,519,041 | $63.9M | 1.62% | −253,333−9.1% | Reduced |
| IMC-Chicago, LLC | 3,204,243 | $81.2M | 2.03% | +3,095,611+2,849.6% | Added |
| Central Trust Co | 4,261,148 | $108.0M | 2.49% | −382,825−8.2% | Reduced |
| Pekin Hardy Strauss, Inc. | 4,310,858 | $109.3M | 12.45% | +84,300+2.0% | Added |
| Evanson Asset Management, LLC | 4,843,086 | $122.8M | 7.88% | −183,503−3.7% | Reduced |
| Federation des caisses Desjardins du Quebec | 5,345,362 | $134.6M | 0.59% | +41,316+0.8% | Added |
| Morgan Stanley | 5,524,818 | $140.1M | 0.01% | −202,989−3.5% | Reduced |
| Royal Bank of Canada | 8,253,181 | $209.2M | 0.04% | +335,203+4.2% | Added |
| Polar Asset Management Partners Inc. | 15,809,185 | $400.8M | 9.99% | +11,987,630+313.7% | Added |
| Marex Group plc | 0 | $0 | 0.00% | −608,830−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −116,005−100.0% | Sold out |
| Surience Private Wealth LLC | 0 | $0 | 0.00% | −101,540−100.0% | Sold out |
| TownSquare Capital, LLC | 0 | $0 | 0.00% | −78,702−100.0% | Sold out |
| Permanens Capital L.P. | 0 | $0 | 0.00% | −70,327−100.0% | Sold out |
| LaSalle St. Investment Advisors, LLC | 0 | $0 | 0.00% | −66,037−100.0% | Sold out |
| Intrua Financial, LLC | 0 | $0 | 0.00% | −63,399−100.0% | Sold out |
| Cutter & CO Brokerage, Inc. | 0 | $0 | 0.00% | −31,337−100.0% | Sold out |
| Aveo Capital Partners, LLC | 0 | $0 | 0.00% | −29,214−100.0% | Sold out |
| GWN Securities Inc. | 0 | $0 | 0.00% | −29,240−100.0% | Sold out |
| One Capital Management, LLC | 0 | $0 | 0.00% | −21,500−100.0% | Sold out |
| NDWM LLC | 0 | $0 | 0.00% | −19,065−100.0% | Sold out |
| Financial Counselors Inc | 0 | $0 | 0.00% | −16,778−100.0% | Sold out |
| Alliance Wealth Advisors, LLC | 0 | $0 | 0.00% | −15,410−100.0% | Sold out |
| Vawter Financial, Ltd. | 0 | $0 | 0.00% | −15,000−100.0% | Sold out |
| Virtue Capital Management, LLC | 0 | $0 | 0.00% | −14,940−100.0% | Sold out |
| Thompson Davis & Co., Inc. | 0 | $0 | 0.00% | −14,700−100.0% | Sold out |
| Fisher Asset Management, LLC | 0 | $0 | 0.00% | −12,211−100.0% | Sold out |
| Generation Capital Management LLC | 0 | $0 | 0.00% | −10,640−100.0% | Sold out |
| WS Portfolio Advisory, LLC | 0 | $0 | 0.00% | −10,521−100.0% | Sold out |
| Visionary Horizons, LLC | 0 | $0 | 0.00% | −10,300−100.0% | Sold out |
| Pure Financial Advisors, Inc. | 0 | $0 | 0.00% | −9,823−100.0% | Sold out |
| Colony Group, LLC | 0 | $0 | 0.00% | −8,331−100.0% | Sold out |
| Washington Trust Co | 0 | $0 | 0.00% | −3,490−100.0% | Sold out |
| First Horizon Advisors, Inc. | 0 | $0 | 0.00% | −1,768−100.0% | Sold out |
| Continuum Advisory, LLC | 0 | $0 | 0.00% | −1,472−100.0% | Sold out |
| Goodman Advisory Group, LLC | 0 | $0 | 0.00% | −1,135−100.0% | Sold out |
| Graybill Bartz & Assoc Ltd | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| Stonebridge Financial Group, LLC | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| GHP Investment Advisors, Inc. | 0 | $0 | 0.00% | −655−100.0% | Sold out |
| Asset Dedication, LLC | 0 | $0 | 0.00% | −500−100.0% | Sold out |
| Laurel Wealth Advisors LLC | 0 | $0 | 0.00% | −441−100.0% | Sold out |
| VanWeelden Wealth Management, LLC | – | – | – | – | Not filed |
| Orion Portfolio Solutions, LLC | – | – | – | – | Not filed |
| Stillwater Wealth Management Group | – | – | – | – | Not filed |
| Rappaport Reiches Capital Management, LLC | – | – | – | – | Not filed |
| Glenmede Trust Co NA | – | – | – | – | Not filed |
| Sofos Investments, Inc. | – | – | – | – | Not filed |