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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, 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.

Institutional holdersQ2 2025: 559 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 heldQ2 2025: $3.57B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Sprott Physical Gold Trust; share changes are against Q1 2025.

Institutions holding PHYS in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
First Manhattan Co65,599$1.66M0.00%−1,000−1.5%Reduced
Hedges Asset Management LLC65,000$1.65M1.32%−13,500−17.2%Reduced
Connective Portfolio Management, LLC65,000$1.65M3.53%+65,000New
Clifford Swan Investment Counsel LLC63,035$1.60M0.06%00.0%Unchanged
Sumitomo Mitsui Trust Holdings, Inc.62,900$1.59M0.00%+51,550+454.2%Added
StoneX Group Inc.62,201$1.58M0.08%+19,281+44.9%Added
Apollon Wealth Management, LLC61,838$1.57M0.03%+21,390+52.9%Added
Claret Asset Management Corp61,400$1.56M0.20%+2,085+3.5%Added
Avenir Corp60,310$1.53M0.16%+21,450+55.2%Added
Banque Pictet & Cie SA60,182$1.53M0.02%00.0%Unchanged
Foster Dykema Cabot & Partners, LLC60,135$1.52M0.11%−194−0.3%Reduced
Sigma Planning Corp59,915$1.52M0.05%−4,070−6.4%Reduced
Rossby Financial, LCC59,750$1.51M0.57%+2,800+4.9%Added
FLP Wealth Management, LLC59,474$1.51M4.23%00.0%Unchanged
Harbour Investments, Inc.59,358$1.50M0.04%+2,992+5.3%Added
Aptus Capital Advisors, LLC58,351$1.48M0.01%+2,634+4.7%Added
Farringdon Capital, Ltd.56,889$1.44M0.48%−56,802−50.0%Reduced
Columbia Advisory Partners LLC56,560$1.43M1.09%−4,407−7.2%Reduced
Kestra Private Wealth Services, LLC56,333$1.43M0.02%+4,050+7.7%Added
Baker Avenue Asset Management, LP54,890$1.39M0.04%+11,200+25.6%Added
AE Wealth Management LLC54,706$1.39M0.01%−8,234−13.1%Reduced
Insight Advisors, LLC53,944$1.37M0.22%−53−0.1%Reduced
TruNorth Capital Management, LLC53,499$1.36M0.30%00.0%Unchanged
City National Bank of Florida51,508$1.31M0.95%+10,308+25.0%Added
Simplicity Wealth,LLC51,508$1.31M0.05%+10,308+25.0%Added
Arnhold LLC51,486$1.31M0.12%−5,000−8.9%Reduced
G&S Capital LLC51,363$1.30M0.52%+64+0.1%Added
Independent Family Office, LLC51,316$1.30M0.60%−17,075−25.0%Reduced
Archetype Wealth Partners51,283$1.30M0.18%00.0%Unchanged
Security National Bank50,943$1.29M0.22%00.0%Unchanged
Fort Point Capital Partners LLC50,000$1.27M0.13%+50,000New
Financial Advisory Service, Inc.49,515$1.26M0.09%00.0%Unchanged
M&T Bank Corp49,310$1.25M0.00%00.0%Unchanged
IPG Investment Advisors LLC49,133$1.25M0.24%00.0%Unchanged
Ade, LLC48,291$1.22M0.65%00.0%Unchanged
Freestone Capital Holdings, LLC47,670$1.21M0.04%−761−1.6%Reduced
Warren Averett Asset Management, LLC47,640$1.21M0.01%+435+0.9%Added
Kavar Capital Partners Group, LLC47,500$1.20M0.17%−3,900−7.6%Reduced
SeaCrest Wealth Management, LLC47,382$1.20M0.13%+294+0.6%Added
Lane Generational LLC47,244$1.20M1.12%00.0%Unchanged
Euro Pacific Asset Management, LLC49,064$1.18M0.19%+1,303+2.7%Added
Procyon Private Wealth Partners, LLC46,207$1.17M0.11%−2,979−6.1%Reduced
Andina Capital Management, LLC45,962$1.17M0.82%00.0%Unchanged
Susquehanna International Group, LLP44,305$1.12M0.00%+44,305New
Walleye Capital LLC44,300$1.12M0.01%+15,900+56.0%Added
LVM Capital Management Ltd43,675$1.11M0.11%00.0%Unchanged
Whittier Trust Co of Nevada Inc43,532$1.10M0.03%00.0%Unchanged
Proficio Capital Partners LLC43,100$1.09M0.07%−2,500−5.5%Reduced
CWM, LLC42,723$1.08M0.00%+1,225+3.0%Added
Benjamin Edwards Inc42,405$1.07M0.01%+42,405New
Fielder Capital Group LLC42,207$1.07M0.29%00.0%Unchanged
Sandy Cove Advisors, LLC42,201$1.07M0.39%00.0%Unchanged
Rehmann Capital Advisory Group41,954$1.06M0.06%00.0%Unchanged
Cypress Wealth Services, LLC41,835$1.06M0.19%−997−2.3%Reduced
White Pine Capital LLC40,904$1.04M0.33%00.0%Unchanged
Hurley Capital, LLC40,898$1.04M0.73%−635−1.5%Reduced
Flynn Zito Capital Management, LLC40,841$1.04M0.44%00.0%Unchanged
Islay Capital Management, LLC40,161$1.02M0.66%−1,000−2.4%Reduced
Keel Point, LLC40,090$1.02M0.07%−1,854−4.4%Reduced
Bokf, NA40,031$1.01M0.02%+20,666+106.7%Added
Oxbow Advisors, LLC39,510$1.00M0.11%−200−0.5%Reduced
Beutel, Goodman & Co Ltd.39,500$999.0K0.01%00.0%Unchanged
McAdam, LLC39,296$996.2K0.05%+4,711+13.6%Added
Pettinga Financial Advisors, LLC37,872$960.1K0.21%−4,900−11.5%Reduced
Silver Oak Securities, Inc37,477$950.0K0.08%−21,001−35.9%Reduced
Brookwood Investment Group LLC37,134$941.3K0.15%−1,881−4.8%Reduced
Pathstone Holdings, LLC36,598$927.8K0.00%00.0%Unchanged
Whittier Trust Co36,463$924.0K0.01%−11,709−24.3%Reduced
Financial Sense Advisors, Inc.36,437$923.7K0.22%−158,383−81.3%Reduced
Merit Financial Group, LLC36,186$917.3K0.01%+1,899+5.5%Added
BlackRock, Inc.36,074$914.5K0.00%+1,112+3.2%Added
Optimum Investment Advisors35,700$905.0K0.39%−200−0.6%Reduced
Bradley Foster & Sargent Inc35,122$890.3K0.01%00.0%Unchanged
Eqis Capital Management, Inc.35,023$887.8K0.07%−9,644−21.6%Reduced
True North Advisors, LLC35,008$887.5K0.17%−809−2.3%Reduced
Cresset Asset Management, LLC34,976$886.6K0.00%−99,863−74.1%Reduced
Stephens Inc34,925$885.3K0.01%00.0%Unchanged
Lido Advisors, LLC34,843$883.3K0.00%−1,940−5.3%Reduced
Galvin, Gaustad & Stein, LLC34,293$869.3K0.07%+34,293New
Foundations Investment Advisors, LLC33,354$845.5K0.01%+791+2.4%Added
Cozad Asset Management Inc33,023$837.1K0.07%+2,354+7.7%Added
MKT Advisors LLC32,546$830.6K0.33%00.0%Unchanged
Kiker Wealth Management, LLC32,607$826.6K0.47%+6,603+25.4%Added
Ameriprise Financial Inc32,087$813.4K0.00%−2,651−7.6%Reduced
Commerce Bank31,536$799.4K0.00%−1,000−3.1%Reduced
Tru Independence Asset Management 2, LLC31,202$791.0K0.54%+20,000+178.5%Added
Ingalls & Snyder LLC31,129$789.0K0.03%00.0%Unchanged
BCS Wealth Management30,528$774.0K0.17%−2,114−6.5%Reduced
Miracle Mile Advisors, LLC30,069$762.2K0.01%−26,869−47.2%Reduced
Latitude Advisors, LLC29,840$756.4K0.38%+600+2.1%Added
Straight Path Wealth Management29,394$745.1K0.25%+1,100+3.9%Added
BEAM Asset Management, LLC29,353$744.1K0.22%+7,190+32.4%Added
Equitable Holdings, Inc.29,255$741.6K0.01%−2,155−6.9%Reduced
Harmony Asset Management LLC29,141$738.7K0.28%−9,620−24.8%Reduced
J2 Capital Management Inc28,571$724.3K0.58%−1,707−5.6%Reduced
Black Point Wealth Management28,299$717.4K20.51%−64,164−69.4%Reduced
Tectonic Advisors LLC28,257$716.3K0.04%−3,201−10.2%Reduced
CWA Asset Management Group, LLC28,243$716.0K0.03%00.0%Unchanged
U.S. Capital Wealth Advisors, LLC27,621$700.2K0.02%−2,040−6.9%Reduced
Barometer Capital Management Inc.27,300$692.1K0.19%−428,370−94.0%Reduced