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.
| 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, Q3 2025
Shares, value and share of portfolio for each institution holding Sprott Physical Gold Trust; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Stephens Inc | 34,925 | $1.03M | 0.01% | 00.0% | Unchanged |
| Commerce Bank | 35,036 | $1.04M | 0.01% | +3,500+11.1% | Added |
| Bradley Foster & Sargent Inc | 35,122 | $1.04M | 0.02% | 00.0% | Unchanged |
| Optimum Investment Advisors | 35,700 | $1.06M | 0.42% | 00.0% | Unchanged |
| VestGen Advisors, LLC | 35,700 | $1.06M | 0.04% | +35,700 | New |
| Cresset Asset Management, LLC | 36,076 | $1.07M | 0.00% | +1,100+3.1% | Added |
| Financial Sense Advisors, Inc. | 36,437 | $1.08M | 0.20% | 00.0% | Unchanged |
| Cozad Asset Management Inc | 37,347 | $1.11M | 0.09% | +4,324+13.1% | Added |
| McAdam, LLC | 37,644 | $1.12M | 0.05% | −1,652−4.2% | Reduced |
| White Pine Capital LLC | 38,533 | $1.14M | 0.33% | −2,371−5.8% | Reduced |
| Oxbow Advisors, LLC | 39,124 | $1.16M | 0.11% | −386−1.0% | Reduced |
| Lido Advisors, LLC | 39,267 | $1.16M | 0.00% | +4,424+12.7% | Added |
| Beutel, Goodman & Co Ltd. | 39,500 | $1.17M | 0.01% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 39,609 | $1.17M | 0.05% | +13,879+53.9% | Added |
| Bokf, NA | 40,031 | $1.19M | 0.02% | 00.0% | Unchanged |
| Islay Capital Management, LLC | 40,161 | $1.19M | 0.68% | 00.0% | Unchanged |
| Pettinga Financial Advisors, LLC | 40,197 | $1.19M | 0.23% | +2,325+6.1% | Added |
| L2 Asset Management, LLC | 40,288 | $1.19M | 0.17% | +13,321+49.4% | Added |
| Brookwood Investment Group LLC | 40,568 | $1.20M | 0.16% | +3,434+9.2% | Added |
| Keel Point, LLC | 40,587 | $1.20M | 0.07% | +497+1.2% | Added |
| Flynn Zito Capital Management, LLC | 40,841 | $1.21M | 0.45% | 00.0% | Unchanged |
| Euro Pacific Asset Management, LLC | 47,772 | $1.23M | 0.15% | −1,292−2.6% | Reduced |
| Barometer Capital Management Inc. | 36,200 | $1.24M | 0.28% | +8,900+32.6% | Added |
| Cypress Wealth Services, LLC | 41,835 | $1.24M | 0.20% | 00.0% | Unchanged |
| Rehmann Capital Advisory Group | 41,954 | $1.24M | 0.07% | 00.0% | Unchanged |
| Synergy Financial Management, LLC | 46,505 | $1.25M | 0.05% | +30,993+199.8% | Added |
| Sandy Cove Advisors, LLC | 42,201 | $1.25M | 0.40% | 00.0% | Unchanged |
| Fielder Capital Group LLC | 42,207 | $1.25M | 0.28% | 00.0% | Unchanged |
| Kavar Capital Partners Group, LLC | 42,400 | $1.26M | 0.17% | −5,100−10.7% | Reduced |
| IPG Investment Advisors LLC | 42,568 | $1.26M | 0.22% | −6,565−13.4% | Reduced |
| Proficio Capital Partners LLC | 43,100 | $1.28M | 0.09% | 00.0% | Unchanged |
| LVM Capital Management Ltd | 43,675 | $1.29M | 0.12% | 00.0% | Unchanged |
| Benjamin Edwards Inc | 45,411 | $1.35M | 0.02% | +3,006+7.1% | Added |
| Lane Generational LLC | 45,858 | $1.36M | 1.13% | −1,386−2.9% | Reduced |
| Andina Capital Management, LLC | 45,962 | $1.36M | 0.77% | 00.0% | Unchanged |
| Procyon Private Wealth Partners, LLC | 46,207 | $1.37M | 0.08% | 00.0% | Unchanged |
| SeaCrest Wealth Management, LLC | 44,515 | $1.38M | 0.15% | −2,867−6.1% | Reduced |
| Precision Wealth Strategies, LLC | 46,635 | $1.38M | 0.45% | +46,635 | New |
| Hurley Capital, LLC | 47,203 | $1.40M | 0.79% | +6,305+15.4% | Added |
| Ameriprise Financial Inc | 48,047 | $1.42M | 0.00% | +15,960+49.7% | Added |
| Ade, LLC | 48,567 | $1.44M | 0.73% | +276+0.6% | Added |
| Silver Oak Securities, Inc | 49,099 | $1.45M | 0.11% | +11,622+31.0% | Added |
| M&T Bank Corp | 49,310 | $1.46M | 0.00% | 00.0% | Unchanged |
| XTX Topco Ltd | 49,694 | $1.47M | 0.08% | +30,335+156.7% | Added |
| Fort Point Capital Partners LLC | 50,000 | $1.48M | 0.19% | 00.0% | Unchanged |
| Financial Advisory Service, Inc. | 50,345 | $1.49M | 0.10% | +830+1.7% | Added |
| Concurrent Investment Advisors, LLC | 50,432 | $1.49M | 0.03% | +28,428+129.2% | Added |
| Waddell & Associates, LLC | 50,434 | $1.49M | 0.13% | −18,313−26.6% | Reduced |
| Insight Advisors, LLC | 50,924 | $1.51M | 0.23% | −3,020−5.6% | Reduced |
| Security National Bank | 50,943 | $1.51M | 0.23% | 00.0% | Unchanged |
| Archetype Wealth Partners | 51,283 | $1.52M | 0.19% | 00.0% | Unchanged |
| Independent Family Office, LLC | 51,316 | $1.52M | 0.64% | 00.0% | Unchanged |
| Arnhold LLC | 51,486 | $1.53M | 0.13% | 00.0% | Unchanged |
| VanWeelden Wealth Management, LLC | 51,765 | $1.53M | 1.26% | +51,765 | New |
| Rebalance, LLC | 52,268 | $1.55M | 0.09% | +52,268 | New |
| Warren Averett Asset Management, LLC | 52,565 | $1.56M | 0.02% | +4,925+10.3% | Added |
| Columbia Advisory Partners LLC | 53,475 | $1.58M | 1.10% | −3,085−5.5% | Reduced |
| TruNorth Capital Management, LLC | 53,499 | $1.58M | 0.31% | 00.0% | Unchanged |
| City National Bank of Florida | 54,389 | $1.61M | 1.06% | +2,881+5.6% | Added |
| Larson Financial Group LLC | 54,939 | $1.63M | 0.06% | −32,594−37.2% | Reduced |
| G&S Capital LLC | 54,994 | $1.63M | 0.60% | +3,631+7.1% | Added |
| Goldman Sachs Group Inc | 55,842 | $1.65M | 0.00% | +35,115+169.4% | Added |
| Quantinno Capital Management LP | 56,212 | $1.67M | 0.00% | +56,212 | New |
| Flow Traders U.S. LLC | 56,824 | $1.68M | 0.07% | −84,206−59.7% | Reduced |
| RPS Advisory Solutions LLC | 58,930 | $1.75M | 0.86% | +33,633+133.0% | Added |
| Harbour Investments, Inc. | 59,024 | $1.75M | 0.04% | −334−0.6% | Reduced |
| FLP Wealth Management, LLC | 59,474 | $1.76M | 4.96% | 00.0% | Unchanged |
| Baker Avenue Asset Management, LP | 59,500 | $1.76M | 0.04% | +4,610+8.4% | Added |
| Rossby Financial, LCC | 59,650 | $1.77M | 0.59% | −100−0.2% | Reduced |
| Foster Dykema Cabot & Partners, LLC | 59,799 | $1.77M | 0.12% | −336−0.6% | Reduced |
| Banque Pictet & Cie SA | 60,182 | $1.78M | 0.02% | 00.0% | Unchanged |
| Avenir Corp | 60,310 | $1.79M | 0.19% | 00.0% | Unchanged |
| Aptus Capital Advisors, LLC | 60,580 | $1.79M | 0.02% | +2,229+3.8% | Added |
| Kestra Private Wealth Services, LLC | 60,603 | $1.80M | 0.02% | +4,270+7.6% | Added |
| AlphaCore Capital LLC | 60,837 | $1.80M | 0.06% | −60,000−49.7% | Reduced |
| StoneX Group Inc. | 60,988 | $1.81M | 0.08% | −1,213−2.0% | Reduced |
| Claret Asset Management Corp | 61,400 | $1.82M | 0.22% | 00.0% | Unchanged |
| Wedmont Private Capital | 59,813 | $1.82M | 0.07% | +59,813 | New |
| Verity Asset Management, Inc. | 61,597 | $1.82M | 0.60% | −5,094−7.6% | Reduced |
| Clifford Swan Investment Counsel LLC | 63,035 | $1.87M | 0.06% | 00.0% | Unchanged |
| Connective Portfolio Management, LLC | 65,000 | $1.91M | 3.37% | 00.0% | Unchanged |
| Hedges Asset Management LLC | 65,000 | $1.93M | 1.47% | 00.0% | Unchanged |
| Intrua Financial, LLC | 65,544 | $1.94M | 0.23% | +65,544 | New |
| First Manhattan Co | 65,599 | $1.94M | 0.01% | 00.0% | Unchanged |
| AE Wealth Management LLC | 65,676 | $1.95M | 0.01% | +10,970+20.1% | Added |
| Apollon Wealth Management, LLC | 67,035 | $1.99M | 0.04% | +5,197+8.4% | Added |
| IHT Wealth Management, LLC | 67,843 | $2.01M | 0.05% | +60.0% | Added |
| Sentinel Pension Advisors Inc | 69,159 | $2.05M | 0.33% | −15,617−18.4% | Reduced |
| ORG Wealth Partners, LLC | 69,333 | $2.05M | 0.44% | +261+0.4% | Added |
| CWM, LLC | 70,078 | $2.08M | 0.01% | +27,355+64.0% | Added |
| HC Advisors, LLC | 70,878 | $2.10M | 1.48% | −328−0.5% | Reduced |
| Spirepoint Private Client, LLC | 71,825 | $2.13M | 0.22% | +71,825 | New |
| MML Investors Services, LLC | 73,214 | $2.17M | 0.01% | −3,442−4.5% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 73,900 | $2.19M | 0.00% | +11,000+17.5% | Added |
| Insight Wealth Partners, LLC | 74,065 | $2.19M | 0.97% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 76,409 | $2.26M | 0.15% | −4,000−5.0% | Reduced |
| Wakefield Asset Management LLLP | 76,747 | $2.27M | 0.62% | +718+0.9% | Added |
| J.W. Cole Advisors, Inc. | 77,209 | $2.29M | 0.04% | +7,824+11.3% | Added |
| Sonoma Private Wealth LLC | 77,763 | $2.30M | 2.75% | +7,496+10.7% | Added |
| Nwam LLC | 70,067 | $2.33M | 0.13% | −760−1.1% | Reduced |