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 |
|---|---|---|---|---|---|
| Janney Montgomery Scott LLC | 312,206 | $9.25M | 0.02% | +12,090+4.0% | Added |
| Ameritas Advisory Services, LLC | 317,902 | $9.42M | 0.62% | +162,311+104.3% | Added |
| Jane Street Group, LLC | 319,464 | $9.46M | 0.01% | −1,298,812−80.3% | Reduced |
| Pacific Sage Partners, LLC | 321,177 | $9.51M | 1.59% | +1,024+0.3% | Added |
| Laird Norton Trust Company, LLC | 327,081 | $9.69M | 1.66% | +22,425+7.4% | Added |
| TD Waterhouse Canada Inc. | 326,263 | $9.69M | 0.06% | +35,736+12.3% | Added |
| Advisory Services Network, LLC | 328,286 | $9.72M | 0.14% | +21,839+7.1% | Added |
| Sanctuary Advisors, LLC | 330,521 | $9.79M | 0.06% | +7,308+2.3% | Added |
| JP Wealth Management, Inc. | 333,135 | $9.87M | 6.64% | +140,180+72.6% | Added |
| Vident Advisory, LLC | 339,099 | $10.0M | 0.10% | +16,835+5.2% | Added |
| SMI Advisory Services, LLC | 339,343 | $10.1M | 1.92% | −2,558−0.7% | Reduced |
| JPMorgan Chase & Co | 342,904 | $10.2M | 0.00% | +43,421+14.5% | Added |
| Ancora Advisors, LLC | 345,801 | $10.2M | 0.21% | +42,405+14.0% | Added |
| Philadelphia Trust Co | 346,163 | $10.3M | 0.72% | −13,324−3.7% | Reduced |
| Transcend Wealth Collective, LLC | 348,029 | $10.3M | 0.73% | +38,280+12.4% | Added |
| Mariner, LLC | 353,151 | $10.5M | 0.01% | +6,548+1.9% | Added |
| Silvercrest Asset Management Group LLC | 355,694 | $10.5M | 0.07% | 00.0% | Unchanged |
| Guild Investment Management, Inc. | 364,175 | $10.8M | 8.56% | +720+0.2% | Added |
| Tiaa Trust, National Association | 372,023 | $11.0M | 0.03% | +33,938+10.0% | Added |
| Accordant Advisory Group Inc | 374,518 | $11.1M | 7.55% | +3,087+0.8% | Added |
| Summit Financial, LLC | 374,677 | $11.1M | 0.17% | +98,571+35.7% | Added |
| Strategic Blueprint, LLC | 377,026 | $11.2M | 0.49% | +42,900+12.8% | Added |
| Farther Finance Advisors, LLC | 380,275 | $11.3M | 0.17% | −300−0.1% | Reduced |
| Global Endowment Management, LP | 396,000 | $11.7M | 1.47% | 00.0% | Unchanged |
| Essex Financial Services, Inc. | 403,612 | $12.0M | 0.72% | −1,585−0.4% | Reduced |
| Essential Partners LLC | 403,867 | $12.0M | 3.95% | −11,405−2.7% | Reduced |
| Quilter Plc | 439,713 | $13.0M | 0.22% | −8,380−1.9% | Reduced |
| Mountain Lake Investment Management LLC | 462,140 | $13.7M | 10.19% | −28,453−5.8% | Reduced |
| Hengehold Capital Management LLC | 477,575 | $14.1M | 1.21% | +21,124+4.6% | Added |
| Cohen & Steers, Inc. | 502,155 | $14.9M | 0.03% | 00.0% | Unchanged |
| Wealthcare Advisory Partners LLC | 505,526 | $15.0M | 0.31% | +17,368+3.6% | Added |
| Cerity Partners LLC | 508,322 | $15.1M | 0.02% | +430,358+552.0% | Added |
| Integrated Wealth Concepts LLC | 509,857 | $15.1M | 0.14% | +62,555+14.0% | Added |
| Prospera Financial Services Inc | 524,900 | $15.5M | 0.27% | +42,057+8.7% | Added |
| O'Brien Greene & Co. Inc | 533,902 | $15.8M | 4.86% | −6,484−1.2% | Reduced |
| Fidelis Capital Partners, LLC | 543,915 | $16.1M | 1.26% | 00.0% | Unchanged |
| National Bank of Canada | 562,516 | $16.5M | 0.02% | +44,367+8.6% | Added |
| TCP Asset Management, LLC | 576,152 | $17.1M | 3.04% | +3,729+0.7% | Added |
| Meixler Investment Management, Ltd. | 610,666 | $18.1M | 11.09% | −21,311−3.4% | Reduced |
| Spears Abacus Advisors LLC | 614,790 | $18.2M | 0.34% | 00.0% | Unchanged |
| Concorde Financial Corp | 616,691 | $18.3M | 10.12% | −4,232−0.7% | Reduced |
| Wealthcare Capital Management LLC | 621,310 | $18.4M | 1.87% | −456,647−42.4% | Reduced |
| Marex Group plc | 630,430 | $18.7M | 0.23% | +630,430 | New |
| CIBC World Markets Inc. | 648,205 | $19.2M | 0.04% | +48,090+8.0% | Added |
| Toroso Investments, LLC | 650,382 | $19.3M | 0.08% | −217,193−25.0% | Reduced |
| Cyndeo Wealth Partners, LLC | 667,729 | $19.8M | 1.10% | −4,610−0.7% | Reduced |
| Stifel Financial Corp | 728,392 | $21.6M | 0.02% | +103,352+16.5% | Added |
| Baird Financial Group, Inc. | 764,296 | $22.6M | 0.04% | −27,927−3.5% | Reduced |
| Schwarz Dygos Wheeler Investment Advisors LLC | 858,616 | $25.4M | 5.39% | −7,641−0.9% | Reduced |
| Van Den Berg Management I, Inc | 865,106 | $25.6M | 6.42% | −1,506−0.2% | Reduced |
| Scotia Capital Inc. | 871,776 | $26.0M | 0.11% | +3,152+0.4% | Added |
| Bank of Montreal | 887,465 | $26.3M | 0.01% | +6,221+0.7% | Added |
| Bank of America Corp | 898,211 | $26.6M | 0.00% | −11,242−1.2% | Reduced |
| Advisor Group Holdings, Inc. | 995,049 | $27.5M | 0.04% | +67,359+7.3% | Added |
| Private Advisor Group, LLC | 960,848 | $28.5M | 0.14% | −232,056−19.5% | Reduced |
| Auxano Advisors, LLC | 976,102 | $28.9M | 6.15% | −31,704−3.1% | Reduced |
| Capital Wealth Alliance, LLC | 976,531 | $28.9M | 14.37% | +3,546+0.4% | Added |
| Kestra Advisory Services, LLC | 985,235 | $29.2M | 0.13% | −433,041−30.5% | Reduced |
| Northwestern Mutual Wealth Management Co | 986,941 | $29.2M | 0.02% | +17,283+1.8% | Added |
| HighTower Advisors, LLC | 1,058,006 | $31.3M | 0.04% | +86,944+9.0% | Added |
| Basepoint Wealth LLC | 1,060,237 | $31.4M | 22.25% | −38,305−3.5% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 1,198,630 | $36.5M | 0.06% | +35,989+3.1% | Added |
| Forest Hill Capital, LLC | 1,448,500 | $42.9M | 25.25% | 00.0% | Unchanged |
| Beacon Pointe Advisors, LLC | 1,457,713 | $43.2M | 0.37% | +859,932+143.9% | Added |
| Commonwealth Equity Services, LLC | 1,550,102 | $45.9M | 0.06% | +96,478+6.6% | Added |
| Envestnet Asset Management Inc | 1,612,133 | $47.8M | 0.01% | −5,037−0.3% | Reduced |
| Raymond James Financial Inc | 1,655,642 | $49.0M | 0.02% | −34,142−2.0% | Reduced |
| Wells Fargo & Company | 1,755,320 | $52.0M | 0.01% | +152,379+9.5% | Added |
| Cetera Investment Advisers | 1,786,962 | $52.9M | 0.06% | +587,652+49.0% | Added |
| South State Corp. | 1,836,334 | $54.4M | 2.51% | −35,156−1.9% | Reduced |
| LPL Financial LLC | 1,931,518 | $57.2M | 0.02% | +269,612+16.2% | Added |
| Matauro, LLC | 2,064,346 | $61.1M | 9.72% | +44,346+2.2% | Added |
| Sprott Inc. | 2,265,812 | $67.1M | 2.52% | +323,383+16.6% | Added |
| Bleakley Financial Group, LLC | 2,368,990 | $70.2M | 1.63% | −150,051−6.0% | Reduced |
| Captrust Financial Advisors | 2,460,899 | $72.9M | 0.15% | +7,559+0.3% | Added |
| Cambridge Investment Research Advisors, Inc. | 2,628,030 | $77.8M | 0.21% | +122,982+4.9% | Added |
| Jupiter Asset Management Ltd | 3,145,855 | $92.9M | 0.80% | +896,347+39.8% | Added |
| Pekin Hardy Strauss, Inc. | 4,261,570 | $126.2M | 12.68% | −49,288−1.1% | Reduced |
| Evanson Asset Management, LLC | 4,538,192 | $134.4M | 7.79% | −304,894−6.3% | Reduced |
| Central Trust Co | 4,649,181 | $137.7M | 2.88% | +388,033+9.1% | Added |
| Federation des caisses Desjardins du Quebec | 5,464,759 | $161.7M | 0.64% | +119,397+2.2% | Added |
| Morgan Stanley | 5,714,455 | $169.3M | 0.01% | +189,637+3.4% | Added |
| Royal Bank of Canada | 8,791,732 | $260.4M | 0.05% | +538,551+6.5% | Added |
| Polar Asset Management Partners Inc. | 9,552,402 | $282.9M | 5.73% | −6,256,783−39.6% | Reduced |
| 3EDGE Asset Management, LP | 0 | $0 | 0.00% | −688,425−100.0% | Sold out |
| Winnow Wealth LLC | 0 | $0 | 0.00% | −371,431−100.0% | Sold out |
| UBS Group AG | 0 | $0 | 0.00% | −198,588−100.0% | Sold out |
| Claudia M.P. Batlle, CRP (R) LLC | 0 | $0 | 0.00% | −97,920−100.0% | Sold out |
| Financial Advocates Investment Management | 0 | $0 | 0.00% | −73,199−100.0% | Sold out |
| Elequin Capital LP | 0 | $0 | 0.00% | −71,543−100.0% | Sold out |
| Walleye Capital LLC | 0 | $0 | 0.00% | −44,300−100.0% | Sold out |
| Whittier Trust Co of Nevada Inc | 0 | $0 | 0.00% | −43,532−100.0% | Sold out |
| Whittier Trust Co | 0 | $0 | 0.00% | −36,463−100.0% | Sold out |
| Eqis Capital Management, Inc. | 0 | $0 | 0.00% | −35,023−100.0% | Sold out |
| Crew Capital Management, Ltd. | 0 | $0 | 0.00% | −18,500−100.0% | Sold out |
| Whitaker-Myers Wealth Managers, LTD. | 0 | $0 | 0.00% | −11,545−100.0% | Sold out |
| Orleans Capital Management Corp | 0 | $0 | 0.00% | −9,300−100.0% | Sold out |
| Cidel Asset Management Inc | 0 | $0 | 0.00% | −8,915−100.0% | Sold out |
| Sentinus, LLC | 0 | $0 | 0.00% | −8,961−100.0% | Sold out |
| Hilltop Holdings Inc. | 0 | $0 | 0.00% | −8,828−100.0% | Sold out |