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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
Simplicity Wealth,LLC79,036$2.34M0.14%+27,528+53.4%Added
Freestone Capital Holdings, LLC79,401$2.35M0.07%+31,731+66.6%Added
Wealth Management Associates, Inc.80,050$2.37M0.84%−541−0.7%Reduced
Insigneo Advisory Services, LLC84,601$2.51M0.18%−19,450−18.7%Reduced
Cypress Capital Management LLC (WY)86,507$2.56M2.36%−3,018−3.4%Reduced
Montis Financial, LLC87,551$2.59M0.60%−400−0.5%Reduced
Bard Financial Services, Inc.88,000$2.61M0.29%−1,220−1.4%Reduced
St. James Investment Company, LLC88,190$2.61M0.41%+725+0.8%Added
Beaird Harris Wealth Management, LLC88,930$2.63M0.19%00.0%Unchanged
GWM Advisors LLC92,164$2.73M0.01%+835+0.9%Added
Hollencrest Capital Management92,222$2.73M0.10%+7,307+8.6%Added
E&G Advisors, LP92,892$2.75M0.64%+12,481+15.5%Added
New Harbor Financial Group, LLC94,272$2.79M0.57%+6,948+8.0%Added
Fiduciary Trust Co95,651$2.83M0.03%00.0%Unchanged
A. D. Beadell Investment Counsel, Inc.97,818$2.90M1.97%−2,949−2.9%Reduced
Bailard, Inc.98,168$2.91M0.06%−196,570−66.7%Reduced
Moors & Cabot, Inc.98,601$2.92M0.13%−8,624−8.0%Reduced
Guardian Wealth Advisors, LLC99,113$2.94M0.19%+3,083+3.2%Added
Two Sigma Securities, LLC102,189$3.03M0.45%+84,691+484.0%Added
CIBC Private Wealth Group, LLC103,476$3.06M0.01%+14,401+16.2%Added
Belpointe Asset Management LLC104,829$3.11M0.12%+8,025+8.3%Added
Kerntke Otto McGlone Wealth Management Group104,966$3.11M2.35%+27,101+34.8%Added
Quadrant Private Wealth Management, LLC104,981$3.11M0.57%+3,468+3.4%Added
Great Valley Advisor Group, Inc.109,561$3.25M0.07%−7,586−6.5%Reduced
IMC-Chicago, LLC110,003$3.26M0.06%−3,094,240−96.6%Reduced
Apella Capital, LLC99,875$3.29M0.07%+7,821+8.5%Added
BIP Wealth, LLC112,905$3.34M0.17%+9,035+8.7%Added
Farringdon Capital, Ltd.114,360$3.39M0.86%+57,471+101.0%Added
Valued Retirements, Inc.133,900$3.39M3.83%00.0%Unchanged
Red Door Wealth Management, LLC114,862$3.40M0.36%−381−0.3%Reduced
Avidian Wealth Solutions, LLC117,064$3.47M0.13%+24,610+26.6%Added
Davenport & Co LLC119,988$3.55M0.02%+2,253+1.9%Added
Change Path, LLC123,143$3.65M0.09%+12,662+11.5%Added
Truist Financial Corp124,396$3.68M0.00%−8,199−6.2%Reduced
Mercer Global Advisors Inc128,408$3.80M0.01%+2,215+1.8%Added
Pictet Asset Management Holding SA129,406$3.83M0.00%00.0%Unchanged
Clearstead Advisors, LLC129,503$3.84M0.06%00.0%Unchanged
Pine Valley Investments Ltd Liability Co130,322$3.86M0.20%+21,923+20.2%Added
Capital Group Private Client Services, Inc.130,603$3.87M0.06%−316−0.2%Reduced
Proactive Wealth Strategies LLC134,504$3.98M1.72%−912−0.7%Reduced
Bruce G. Allen Investments, LLC146,548$4.34M3.11%−768−0.5%Reduced
NovaPoint Capital, LLC146,884$4.35M1.06%00.0%Unchanged
Dakota Wealth Management147,217$4.36M0.09%+26,060+21.5%Added
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors149,605$4.43M0.52%+3,922+2.7%Added
Rockefeller Capital Management L.P.151,051$4.47M0.01%+16,093+11.9%Added
Stratos Wealth Partners, LTD.159,192$4.72M0.06%−913−0.6%Reduced
Greenfield Seitz Capital Management, LLC159,840$4.73M1.53%+5,080+3.3%Added
Entruity Wealth, LLC160,018$4.74M3.68%+4,946+3.2%Added
Huntington National Bank–$4.82M0.03%––
Amitell Capital Pte Ltd164,558$4.87M3.60%−131,401−44.4%Reduced
Citadel Advisors LLC164,823$4.88M0.00%+164,823New
CI Private Wealth, LLC167,742$4.97M0.01%+28,706+20.6%Added
Beaumont Financial Advisors, LLC170,064$5.04M0.34%00.0%Unchanged
Abacus Planning Group, Inc.170,885$5.06M0.70%00.0%Unchanged
Botty Investors LLC173,200$5.13M1.41%+2,500+1.5%Added
ORG Partners LLC179,255$5.16M0.94%−7,736−4.1%Reduced
Chicago Capital, LLC186,978$5.54M0.14%00.0%Unchanged
Brookstone Capital Management187,115$5.54M0.07%+25,825+16.0%Added
Empire Financial Management Company, LLC187,764$5.56M1.27%+4,248+2.3%Added
AQR Capital Management LLC189,593$5.62M0.00%+170,793+908.5%Added
Pensionmark Financial Group, LLC192,058$5.69M0.12%+51,243+36.4%Added
Camden Capital, LLC196,585$5.82M0.40%+196,585New
Palumbo Wealth Management LLC198,416$5.88M1.88%−33,725−14.5%Reduced
Perritt Capital Management Inc199,303$5.90M2.80%−10,228−4.9%Reduced
Susquehanna International Group, LLP201,138$5.96M0.01%+156,833+354.0%Added
Elevate Capital Advisors, LLC203,111$6.02M4.19%+5,903+3.0%Added
Macroview Investment Management LLC204,614$6.06M4.55%−243−0.1%Reduced
Brown Brothers Harriman & Co206,053$6.10M0.04%+188,850+1,097.8%Added
Creative Planning206,068$6.10M0.00%+730.0%Added
Geneos Wealth Management Inc.209,101$6.19M0.16%−12,070−5.5%Reduced
Warwick Investment Management, Inc.209,390$6.20M1.08%00.0%Unchanged
Latigo Investments, LLC214,134$6.34M3.20%00.0%Unchanged
The PNC Financial Services Group, Inc.218,238$6.46M0.00%+2,832+1.3%Added
Oppenheimer & Co Inc218,791$6.48M0.08%−161−0.1%Reduced
Oberndorf William E222,164$6.58M8.87%+61,090+37.9%Added
Camelot Technology Advisors, Inc.222,381$6.59M5.29%+8,459+4.0%Added
Phraction Management LLC222,427$6.59M1.90%+53,964+32.0%Added
Alpha Advisors, LLC225,928$6.69M5.03%+1,116+0.5%Added
Blueprint Investment Partners LLC228,387$6.76M0.95%+732+0.3%Added
Blueprint Financial Advisors LLC228,387$6.76M1.46%+732+0.3%Added
Kera Capital Partners, Inc.229,023$6.78M1.02%+1,857+0.8%Added
NewEdge Wealth, LLC236,115$7.12M0.10%−950−0.4%Reduced
Evergreen Capital Management LLC245,537$7.27M0.17%−9,005−3.5%Reduced
Manatuck Hill Partners, LLC250,000$7.41M2.52%−12,500−4.8%Reduced
Money Concepts Capital Corp251,541$7.45M0.46%−1,539−0.6%Reduced
Barclays PLC252,761$7.49M0.00%−13,500−5.1%Reduced
Blair William & Co257,356$7.62M0.02%−1,000−0.4%Reduced
Hubbell Strickland Wealth Management, LLC258,311$7.65M3.15%−1,667−0.6%Reduced
PFG Investments, LLC259,036$7.67M0.40%+1,225+0.5%Added
Courage Capital Management LLC264,500$7.83M10.35%00.0%Unchanged
Pasadena Private Wealth, LLC267,864$7.93M1.14%+58,385+27.9%Added
WIT Partners Advisory Pte. Ltd.276,187$7.96M2.95%+276,187New
Chemung Canal Trust Co277,740$8.23M1.64%−76,810−21.7%Reduced
Leavell Investment Management, Inc.278,136$8.24M0.35%+113,726+69.2%Added
Sowell Financial Services LLC280,272$8.30M0.32%−27,816−9.0%Reduced
K.J. Harrison & Partners Inc286,496$8.48M1.21%+12,298+4.5%Added
Steward Partners Investment Advisory, LLC288,261$8.54M0.05%+6,374+2.3%Added
Kingsview Wealth Management, LLC288,639$8.55M0.13%+45,230+18.6%Added
Biltmore Family Office, LLC292,990$8.68M1.23%−2,000−0.7%Reduced
Ausdal Financial Partners, Inc.297,493$8.81M0.43%+5,042+1.7%Added