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 |
|---|---|---|---|---|---|
| First Manhattan Co | 65,599 | $1.94M | 0.01% | 00.0% | Unchanged |
| Intrua Financial, LLC | 65,544 | $1.94M | 0.23% | +65,544 | New |
| Hedges Asset Management LLC | 65,000 | $1.93M | 1.47% | 00.0% | Unchanged |
| Connective Portfolio Management, LLC | 65,000 | $1.91M | 3.37% | 00.0% | Unchanged |
| Clifford Swan Investment Counsel LLC | 63,035 | $1.87M | 0.06% | 00.0% | Unchanged |
| Verity Asset Management, Inc. | 61,597 | $1.82M | 0.60% | −5,094−7.6% | Reduced |
| Wedmont Private Capital | 59,813 | $1.82M | 0.07% | +59,813 | New |
| Claret Asset Management Corp | 61,400 | $1.82M | 0.22% | 00.0% | Unchanged |
| StoneX Group Inc. | 60,988 | $1.81M | 0.08% | −1,213−2.0% | Reduced |
| AlphaCore Capital LLC | 60,837 | $1.80M | 0.06% | −60,000−49.7% | Reduced |
| Kestra Private Wealth Services, LLC | 60,603 | $1.80M | 0.02% | +4,270+7.6% | Added |
| Aptus Capital Advisors, LLC | 60,580 | $1.79M | 0.02% | +2,229+3.8% | Added |
| Avenir Corp | 60,310 | $1.79M | 0.19% | 00.0% | Unchanged |
| Banque Pictet & Cie SA | 60,182 | $1.78M | 0.02% | 00.0% | Unchanged |
| Foster Dykema Cabot & Partners, LLC | 59,799 | $1.77M | 0.12% | −336−0.6% | Reduced |
| Rossby Financial, LCC | 59,650 | $1.77M | 0.59% | −100−0.2% | Reduced |
| Baker Avenue Asset Management, LP | 59,500 | $1.76M | 0.04% | +4,610+8.4% | Added |
| FLP Wealth Management, LLC | 59,474 | $1.76M | 4.96% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 59,024 | $1.75M | 0.04% | −334−0.6% | Reduced |
| RPS Advisory Solutions LLC | 58,930 | $1.75M | 0.86% | +33,633+133.0% | Added |
| Flow Traders U.S. LLC | 56,824 | $1.68M | 0.07% | −84,206−59.7% | Reduced |
| Quantinno Capital Management LP | 56,212 | $1.67M | 0.00% | +56,212 | New |
| Goldman Sachs Group Inc | 55,842 | $1.65M | 0.00% | +35,115+169.4% | Added |
| G&S Capital LLC | 54,994 | $1.63M | 0.60% | +3,631+7.1% | Added |
| Larson Financial Group LLC | 54,939 | $1.63M | 0.06% | −32,594−37.2% | Reduced |
| City National Bank of Florida | 54,389 | $1.61M | 1.06% | +2,881+5.6% | Added |
| TruNorth Capital Management, LLC | 53,499 | $1.58M | 0.31% | 00.0% | Unchanged |
| Columbia Advisory Partners LLC | 53,475 | $1.58M | 1.10% | −3,085−5.5% | Reduced |
| Warren Averett Asset Management, LLC | 52,565 | $1.56M | 0.02% | +4,925+10.3% | Added |
| Rebalance, LLC | 52,268 | $1.55M | 0.09% | +52,268 | New |
| VanWeelden Wealth Management, LLC | 51,765 | $1.53M | 1.26% | +51,765 | New |
| Arnhold LLC | 51,486 | $1.53M | 0.13% | 00.0% | Unchanged |
| Independent Family Office, LLC | 51,316 | $1.52M | 0.64% | 00.0% | Unchanged |
| Archetype Wealth Partners | 51,283 | $1.52M | 0.19% | 00.0% | Unchanged |
| Security National Bank | 50,943 | $1.51M | 0.23% | 00.0% | Unchanged |
| Insight Advisors, LLC | 50,924 | $1.51M | 0.23% | −3,020−5.6% | Reduced |
| Waddell & Associates, LLC | 50,434 | $1.49M | 0.13% | −18,313−26.6% | Reduced |
| Concurrent Investment Advisors, LLC | 50,432 | $1.49M | 0.03% | +28,428+129.2% | Added |
| Financial Advisory Service, Inc. | 50,345 | $1.49M | 0.10% | +830+1.7% | Added |
| Fort Point Capital Partners LLC | 50,000 | $1.48M | 0.19% | 00.0% | Unchanged |
| XTX Topco Ltd | 49,694 | $1.47M | 0.08% | +30,335+156.7% | Added |
| M&T Bank Corp | 49,310 | $1.46M | 0.00% | 00.0% | Unchanged |
| Silver Oak Securities, Inc | 49,099 | $1.45M | 0.11% | +11,622+31.0% | Added |
| Ade, LLC | 48,567 | $1.44M | 0.73% | +276+0.6% | Added |
| Ameriprise Financial Inc | 48,047 | $1.42M | 0.00% | +15,960+49.7% | Added |
| Hurley Capital, LLC | 47,203 | $1.40M | 0.79% | +6,305+15.4% | Added |
| Precision Wealth Strategies, LLC | 46,635 | $1.38M | 0.45% | +46,635 | New |
| SeaCrest Wealth Management, LLC | 44,515 | $1.38M | 0.15% | −2,867−6.1% | Reduced |
| Procyon Private Wealth Partners, LLC | 46,207 | $1.37M | 0.08% | 00.0% | Unchanged |
| Andina Capital Management, LLC | 45,962 | $1.36M | 0.77% | 00.0% | Unchanged |
| Lane Generational LLC | 45,858 | $1.36M | 1.13% | −1,386−2.9% | Reduced |
| Benjamin Edwards Inc | 45,411 | $1.35M | 0.02% | +3,006+7.1% | Added |
| LVM Capital Management Ltd | 43,675 | $1.29M | 0.12% | 00.0% | Unchanged |
| Proficio Capital Partners LLC | 43,100 | $1.28M | 0.09% | 00.0% | Unchanged |
| IPG Investment Advisors LLC | 42,568 | $1.26M | 0.22% | −6,565−13.4% | Reduced |
| Kavar Capital Partners Group, LLC | 42,400 | $1.26M | 0.17% | −5,100−10.7% | Reduced |
| Fielder Capital Group LLC | 42,207 | $1.25M | 0.28% | 00.0% | Unchanged |
| Sandy Cove Advisors, LLC | 42,201 | $1.25M | 0.40% | 00.0% | Unchanged |
| Synergy Financial Management, LLC | 46,505 | $1.25M | 0.05% | +30,993+199.8% | Added |
| Rehmann Capital Advisory Group | 41,954 | $1.24M | 0.07% | 00.0% | Unchanged |
| Cypress Wealth Services, LLC | 41,835 | $1.24M | 0.20% | 00.0% | Unchanged |
| Barometer Capital Management Inc. | 36,200 | $1.24M | 0.28% | +8,900+32.6% | Added |
| Euro Pacific Asset Management, LLC | 47,772 | $1.23M | 0.15% | −1,292−2.6% | Reduced |
| Flynn Zito Capital Management, LLC | 40,841 | $1.21M | 0.45% | 00.0% | Unchanged |
| Keel Point, LLC | 40,587 | $1.20M | 0.07% | +497+1.2% | Added |
| Brookwood Investment Group LLC | 40,568 | $1.20M | 0.16% | +3,434+9.2% | Added |
| L2 Asset Management, LLC | 40,288 | $1.19M | 0.17% | +13,321+49.4% | Added |
| Pettinga Financial Advisors, LLC | 40,197 | $1.19M | 0.23% | +2,325+6.1% | Added |
| Islay Capital Management, LLC | 40,161 | $1.19M | 0.68% | 00.0% | Unchanged |
| Bokf, NA | 40,031 | $1.19M | 0.02% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 39,609 | $1.17M | 0.05% | +13,879+53.9% | Added |
| Beutel, Goodman & Co Ltd. | 39,500 | $1.17M | 0.01% | 00.0% | Unchanged |
| Lido Advisors, LLC | 39,267 | $1.16M | 0.00% | +4,424+12.7% | Added |
| Oxbow Advisors, LLC | 39,124 | $1.16M | 0.11% | −386−1.0% | Reduced |
| White Pine Capital LLC | 38,533 | $1.14M | 0.33% | −2,371−5.8% | Reduced |
| McAdam, LLC | 37,644 | $1.12M | 0.05% | −1,652−4.2% | Reduced |
| Cozad Asset Management Inc | 37,347 | $1.11M | 0.09% | +4,324+13.1% | Added |
| Financial Sense Advisors, Inc. | 36,437 | $1.08M | 0.20% | 00.0% | Unchanged |
| Cresset Asset Management, LLC | 36,076 | $1.07M | 0.00% | +1,100+3.1% | Added |
| Optimum Investment Advisors | 35,700 | $1.06M | 0.42% | 00.0% | Unchanged |
| VestGen Advisors, LLC | 35,700 | $1.06M | 0.04% | +35,700 | New |
| Bradley Foster & Sargent Inc | 35,122 | $1.04M | 0.02% | 00.0% | Unchanged |
| Commerce Bank | 35,036 | $1.04M | 0.01% | +3,500+11.1% | Added |
| Stephens Inc | 34,925 | $1.03M | 0.01% | 00.0% | Unchanged |
| BEAM Asset Management, LLC | 34,898 | $1.03M | 0.28% | +5,545+18.9% | Added |
| True North Advisors, LLC | 34,618 | $1.03M | 0.16% | −390−1.1% | Reduced |
| Pathstone Holdings, LLC | 34,598 | $1.02M | 0.00% | −2,000−5.5% | Reduced |
| Galvin, Gaustad & Stein, LLC | 34,293 | $1.02M | 0.08% | 00.0% | Unchanged |
| Kovitz Investment Group Partners, LLC | 34,034 | $1.01M | 0.00% | +10,187+42.7% | Added |
| Private Client Services, LLC | 33,081 | $979.9K | 0.33% | +8,370+33.9% | Added |
| Kiker Wealth Management, LLC | 32,407 | $959.9K | 0.48% | −200−0.6% | Reduced |
| MKT Advisors LLC | 32,210 | $956.0K | 0.36% | −336−1.0% | Reduced |
| IFP Advisors, Inc | 31,347 | $928.5K | 0.02% | +6,795+27.7% | Added |
| Tru Independence Asset Management 2, LLC | 31,322 | $927.8K | 0.61% | +120+0.4% | Added |
| Ingalls & Snyder LLC | 31,129 | $922.0K | 0.03% | 00.0% | Unchanged |
| Merit Financial Group, LLC | 31,055 | $919.8K | 0.01% | −5,131−14.2% | Reduced |
| Latitude Advisors, LLC | 30,240 | $895.7K | 0.41% | +400+1.3% | Added |
| Fisher Asset Management, LLC | 30,117 | $892.1K | 0.00% | +30,117 | New |
| Miracle Mile Advisors, LLC | 30,069 | $890.6K | 0.01% | 00.0% | Unchanged |
| D.A. Davidson & Co. | 29,821 | $883.3K | 0.01% | +29,821 | New |