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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, Q3 2025

Institutional positions in Sprott Physical Gold Trust as of Sep 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
584
+34 vs. Q2 2025
Shares held
134.2M
−5.61M (−4.0%) vs. Q2 2025
Total value
$3.98B
+$426.8M (+12.0%) vs. Q2 2025
New holders
56
197 more added
Sold out
22
138 more reduced

9 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 584 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 heldQ3 2025: $3.98B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Sprott Physical Gold Trust; share changes are against Q2 2025.

Institutions holding PHYS in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Cannon Financial Strategists, Inc.14,417$427.0K0.06%00.0%Unchanged
Bank Julius Baer & Co. Ltd, Zurich14,710$435.6K0.00%−8−0.1%Reduced
Focus Financial Network, Inc.14,710$435.7K0.02%−1,237−7.8%Reduced
Darwin Advisors, LLC14,835$439.4K0.14%−4,448−23.1%Reduced
Midwest Trust Co14,908$441.6K0.01%−1,870−11.1%Reduced
Signaturefd, LLC15,000$444.3K0.01%00.0%Unchanged
Vawter Financial, Ltd.15,000$444.3K0.20%+15,000New
IFG Advisory, LLC15,528$459.9K0.02%+3,920+33.8%Added
Challenger Wealth Management15,573$461.3K0.36%00.0%Unchanged
Natixis Advisors, L.P.15,641$463.0K0.00%−633−3.9%Reduced
TFR Capital, LLC.15,640$463.3K0.15%00.0%Unchanged
MAI Capital Management15,694$464.9K0.00%+285+1.8%Added
Evoke Wealth, LLC16,000$473.9K0.01%+3,000+23.1%Added
Armstrong Advisory Group, Inc16,031$474.8K0.03%+4,237+35.9%Added
We Are One Seven, LLC16,345$484.1K0.01%−1,534−8.6%Reduced
Horizon Kinetics Asset Management LLC16,634$492.7K0.01%00.0%Unchanged
Tradition Wealth Management, LLC16,894$500.4K0.04%00.0%Unchanged
Baker Ellis Asset Management LLC17,100$506.5K0.06%+175+1.0%Added
Moneta Group Investment Advisors LLC17,124$507.2K0.00%+252+1.5%Added
Arcadia Wealth Management, LLC17,154$508.1K0.20%00.0%Unchanged
AlphaStar Capital Management, LLC17,201$509.5K0.04%−973−5.4%Reduced
Almanack Investment Partners, LLC.17,267$511.4K0.08%+142+0.8%Added
Capital Investment Advisors, LLC17,390$515.1K0.01%+488+2.9%Added
Compass Capital Corp16,535$517.6K0.23%+1,575+10.5%Added
Cobblestone Asset Management LLC17,535$519.4K0.24%−118−0.7%Reduced
Asset Allocation Strategies LLC17,875$529.5K0.10%+17,875New
UMA Financial Services, Inc.17,939$531.4K0.08%00.0%Unchanged
Family Capital Trust Co18,000$533.0K0.18%00.0%Unchanged
Perigon Wealth Management, LLC18,178$538.4K0.01%+460+2.6%Added
Beacon Financial Group18,316$542.5K0.05%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC18,376$544.3K0.00%+516+2.9%Added
Rice Partnership, LLC18,548$549.4K0.08%00.0%Unchanged
Independent Financial Group, LLC18,564$549.9K0.01%+2,213+13.5%Added
Lineweaver Wealth Advisors, LLC18,615$551.4K0.08%00.0%Unchanged
Independent Advisor Alliance18,630$551.8K0.01%+18,630New
Stratos Wealth Advisors, LLC18,866$558.8K0.03%+392+2.1%Added
apricus wealth, LLC19,000$562.8K0.30%00.0%Unchanged
Nvest Financial, LLC19,051$564.3K0.32%−5,055−21.0%Reduced
Fifth Third Bancorp19,110$566.0K0.00%00.0%Unchanged
Gateway Wealth Partners, LLC19,215$569.1K0.08%+651+3.5%Added
SpringVest Wealth Management LLC19,373$573.8K0.42%00.0%Unchanged
Welch & Forbes LLC19,550$579.1K0.01%00.0%Unchanged
Sound View Wealth Advisors Group, LLC19,900$589.5K0.04%+1,159+6.2%Added
Orgel Wealth Management, LLC20,000$592.4K0.01%00.0%Unchanged
Cobblestone Capital Advisors LLC20,549$608.7K0.03%00.0%Unchanged
S.A. Mason LLC21,057$623.7K0.28%+1,625+8.4%Added
Littlejohn Financial Services, Inc.21,060$623.8K0.45%+11,060+110.6%Added
Atria Investments LLC21,414$634.3K0.01%−1,260−5.6%Reduced
OneAscent Financial Services LLC21,475$636.1K0.04%−100−0.5%Reduced
Apexium Financial, LP21,500$636.8K0.03%00.0%Unchanged
Matrix Private Capital Group LLC22,062$653.5K0.35%+8,632+64.3%Added
Peak Financial Management, Inc.22,214$658.0K0.17%00.0%Unchanged
Badgley Phelps Wealth Managers, LLC22,225$658.3K0.01%00.0%Unchanged
Allworth Financial LP22,394$663.3K0.00%+35+0.2%Added
RIA Advisory Group LLC22,868$677.4K0.17%−178−0.8%Reduced
Tectonic Advisors LLC22,962$680.1K0.04%−5,295−18.7%Reduced
BSW Wealth Partners23,327$690.9K0.09%00.0%Unchanged
Tocqueville Asset Management L.P.23,453$694.7K0.01%00.0%Unchanged
Meridian Wealth Advisors, LLC23,469$695.2K0.10%00.0%Unchanged
Howe & Rusling Inc23,513$696.5K0.05%+806+3.5%Added
Clarity Financial LLC23,819$705.5K0.07%+7,924+49.9%Added
Lumbard & Kellner, LLC23,831$705.9K0.26%+126+0.5%Added
Semper Augustus Investments Group LLCSuperinvestorSemper Augustus23,869$707.0K0.09%00.0%Unchanged
Community Bank, N.A.24,654$730.0K0.09%00.0%Unchanged
Wedbush Securities Inc24,913$738.0K0.02%00.0%Unchanged
Nadler Financial Group, Inc.25,155$745.1K0.07%00.0%Unchanged
Fortitude Advisory Group L.L.C.25,156$745.1K0.40%00.0%Unchanged
Journey Strategic Wealth LLC25,411$752.7K0.02%00.0%Unchanged
Brinker Capital Investments, LLC26,312$779.4K0.01%+1,456+5.9%Added
Prelude Capital Management, LLC26,522$785.6K0.06%+15,000+130.2%Added
Sequoia Financial Advisors, LLC26,765$792.8K0.00%+9,131+51.8%Added
Millennium Capital Advisors, LLC26,988$799.4K0.48%+1,200+4.7%Added
Bank of New York Mellon Corp27,461$813.4K0.00%+8,825+47.4%Added
Ashton Thomas Private Wealth, LLC27,543$815.8K0.02%+452+1.7%Added
HBK Sorce Advisory LLC25,410$817.9K0.02%00.0%Unchanged
BCS Wealth Management27,994$829.2K0.19%−2,534−8.3%Reduced
U.S. Capital Wealth Advisors, LLC28,021$830.0K0.02%+400+1.4%Added
J2 Capital Management Inc29,009$859.2K0.65%+438+1.5%Added
Foundations Investment Advisors, LLC29,013$859.4K0.01%−4,341−13.0%Reduced
Harmony Asset Management LLC29,063$860.8K0.30%−78−0.3%Reduced
Equitable Holdings, Inc.29,255$866.5K0.01%00.0%Unchanged
Straight Path Wealth Management29,394$870.6K0.25%00.0%Unchanged
Wolverine Asset Management LLC29,449$872.3K0.01%−41,828−58.7%Reduced
Crown Wealth Group, LLC29,758$881.4K0.26%+3,395+12.9%Added
D.A. Davidson & Co.29,821$883.3K0.01%+29,821New
Miracle Mile Advisors, LLC30,069$890.6K0.01%00.0%Unchanged
Fisher Asset Management, LLC30,117$892.1K0.00%+30,117New
Latitude Advisors, LLC30,240$895.7K0.41%+400+1.3%Added
Merit Financial Group, LLC31,055$919.8K0.01%−5,131−14.2%Reduced
Ingalls & Snyder LLC31,129$922.0K0.03%00.0%Unchanged
Tru Independence Asset Management 2, LLC31,322$927.8K0.61%+120+0.4%Added
IFP Advisors, Inc31,347$928.5K0.02%+6,795+27.7%Added
MKT Advisors LLC32,210$956.0K0.36%−336−1.0%Reduced
Kiker Wealth Management, LLC32,407$959.9K0.48%−200−0.6%Reduced
Private Client Services, LLC33,081$979.9K0.33%+8,370+33.9%Added
Kovitz Investment Group Partners, LLC34,034$1.01M0.00%+10,187+42.7%Added
Galvin, Gaustad & Stein, LLC34,293$1.02M0.08%00.0%Unchanged
Pathstone Holdings, LLC34,598$1.02M0.00%−2,000−5.5%Reduced
True North Advisors, LLC34,618$1.03M0.16%−390−1.1%Reduced
BEAM Asset Management, LLC34,898$1.03M0.28%+5,545+18.9%Added