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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, Q4 2025

Institutional positions in Sprott Physical Gold Trust as of Dec 31, 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
642
+68 vs. Q3 2025
Shares held
140.6M
+6.63M (+4.9%) vs. Q3 2025
Total value
$4.66B
+$687.5M (+17.3%) vs. Q3 2025
New holders
98
181 more added
Sold out
30
188 more reduced

10 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 642 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 heldQ4 2025: $4.66B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Sprott Physical Gold Trust; share changes are against Q3 2025.

Institutions holding PHYS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Prestige Wealth Management Group LLC5$1660.00%00.0%Unchanged
Strive Financial Group ,LLC9$2970.00%+9New
MH & Associates Securities Management Corp50$9990.00%+50New
Paladin Advisory Group, LLC45$1.49K0.00%00.0%Unchanged
Key Financial Inc46$1.52K0.00%00.0%Unchanged
Triumph Capital Management50$1.65K0.00%+50New
Scarborough Advisors, LLC50$1.65K0.00%+50New
Strengthening Families & Communities, LLC70$2.31K0.00%+70New
Hazlett, Burt & Watson, Inc.84$3.00K0.00%+84New
Bullseye Investment Management, LLC100$3.30K0.00%+100New
DecisionPoint Financial, LLC150$4.95K0.00%00.0%Unchanged
Chilton Capital Management LLC200$6.60K0.00%−400−66.7%Reduced
Caitlin John, LLC200$6.60K0.00%00.0%Unchanged
Lodestone Wealth Management LLC203$6.70K0.00%+203New
O'Shaughnessy Asset Management, LLC242$7.99K0.00%+242New
BFSG, LLC250$8.26K0.00%00.0%Unchanged
Morton Brown Family Wealth, LLC259$8.55K0.00%00.0%Unchanged
Birchbrook, Inc.284$9.38K0.00%00.0%Unchanged
Financial Consulate, Inc287$9.47K0.00%00.0%Unchanged
UMA Financial Services, Inc.287$9.48K0.00%−17,652−98.4%Reduced
Tower Research Capital LLC (TRC)303$10.0K0.00%+280+1,217.4%Added
Optiver Holding B.V.324$10.7K0.00%+324New
Highline Wealth Partners LLC350$11.6K0.00%00.0%Unchanged
Luminist Capital LLC400$13.2K0.02%00.0%Unchanged
SHP Wealth Management400$13.2K0.00%+400New
Laurel Wealth Advisors LLC441$14.6K0.00%+441New
Garton & Associates Financial Advisors LLC453$15.0K0.01%+453New
Silicon Valley Capital Partners475$15.7K0.00%00.0%Unchanged
Roxbury Financial LLC475$15.7K0.01%+80+20.3%Added
Kilter Group LLC482$15.9K0.01%00.0%Unchanged
Costello Asset Management, INC500$16.5K0.01%00.0%Unchanged
Pacifica Partners Inc.500$16.5K0.01%−500−50.0%Reduced
Pin Oak Investment Advisors Inc485$18.0K0.01%00.0%Unchanged
Evolution Wealth Management Inc.572$18.9K0.02%+572New
Webster Bank, N. A.585$19.3K0.00%00.0%Unchanged
Blue Bell Private Wealth Management, LLC614$20.3K0.00%00.0%Unchanged
Strategic Wealth Partners, Ltd.692$22.9K0.00%00.0%Unchanged
Bank & Trust Co736$24.3K0.02%00.0%Unchanged
Bank of New Hampshire800$26.4K0.01%00.0%Unchanged
Dunhill Financial, LLC850$28.1K0.01%00.0%Unchanged
SageView Advisory Group, LLC900$29.7K0.00%+900New
Toth Financial Advisory Corp903$29.8K0.00%00.0%Unchanged
SWAN Capital LLC951$31.4K0.01%00.0%Unchanged
Manchester Capital Management LLC1,000$33.0K0.00%00.0%Unchanged
Gables Capital Management Inc.1,000$33.0K0.01%00.0%Unchanged
Kohmann Bosshard Financial Services, LLC1,000$33.0K0.00%+1,000New
JNBA Financial Advisors1,060$35.0K0.00%−1,504−58.7%Reduced
Tradewinds Capital Management, LLC1,088$35.9K0.01%00.0%Unchanged
Trust Co1,099$36.3K0.00%+9+0.8%Added
Financial Management Professionals, Inc.1,100$36.3K0.00%+1,100New
Global Retirement Partners, LLC1,103$36.4K0.00%00.0%Unchanged
MTM Investment Management, LLC1,200$39.6K0.01%00.0%Unchanged
Loring Wolcott & Coolidge Fiduciary Advisors LLP1,008$39.7K0.00%00.0%Unchanged
Creative Financial Designs Inc1,273$42.0K0.00%−227−15.1%Reduced
Missouri Trust & Investment Co1,350$44.6K0.01%−150−10.0%Reduced
Eastern Bank1,434$47.4K0.00%+1,434New
Cheviot Value Management, LLC1,175$47.9K0.00%00.0%Unchanged
US Bancorp1,485$49.0K0.00%00.0%Unchanged
Parkside Financial Bank & Trust1,500$49.5K0.00%00.0%Unchanged
Intelligent Financial Strategies1,518$50.1K0.02%00.0%Unchanged
Concord Wealth Partners1,600$52.8K0.01%00.0%Unchanged
Caldwell Sutter Capital, Inc.1,675$55.3K0.02%+375+28.8%Added
Strategic Advocates LLC1,732$57.5K0.01%00.0%Unchanged
Assetmark, Inc1,752$57.9K0.00%−1,921−52.3%Reduced
McGuire Capital Advisors Inc1,950$64.4K0.04%+1,950New
DiNuzzo Private Wealth, Inc.2,135$70.5K0.01%00.0%Unchanged
Legacy Wealth Managment, LLC2,162$71.4K0.03%+714+49.3%Added
Jones Financial Companies LLLP2,172$71.7K0.00%+2,172New
Pinnacle Wealth Planning Services, Inc.2,177$71.9K0.01%+2,177New
Flagship Harbor Advisors, LLC2,186$72.2K0.00%+2,186New
Wilkerson Advisory Group LLC2,198$72.6K0.03%+2,198New
NBC Securities, Inc.2,225$73.5K0.01%00.0%Unchanged
Halbert Hargrove Global Advisors, LLC2,400$79.2K0.00%+2,400New
Franklin Resources Inc2,500$82.5K0.00%00.0%Unchanged
1620 Investment Advisors, Inc.2,897$95.7K0.06%−212−6.8%Reduced
Flagship Wealth Advisors, LLC3,026$99.9K0.03%00.0%Unchanged
Ritter Daniher Financial Advisory LLC3,200$105.7K0.02%00.0%Unchanged
Evelyn Partners Investment Management (Europe) Ltd3,250$107.3K0.03%00.0%Unchanged
Ronald Blue Trust, Inc.3,254$107.4K0.00%+2,840+686.0%Added
Purpose Unlimited Inc.3,300$109.1K0.00%+3,300New
Salomon & Ludwin, LLC3,250$110.2K0.01%00.0%Unchanged
Spire Wealth Management3,387$111.8K0.00%−8,857−72.3%Reduced
BlackRock, Inc.3,573$118.0K0.00%+395+12.4%Added
Colonial Trust Co3,624$119.7K0.02%00.0%Unchanged
First Command Advisory Services, Inc.3,796$125.3K0.00%00.0%Unchanged
Evermay Wealth Management LLC3,906$129.0K0.01%00.0%Unchanged
Smartleaf Asset Management LLC3,937$130.7K0.00%00.0%Unchanged
Medallion Wealth Advisors, LLC4,810$158.8K0.05%+1,040+27.6%Added
Private Trust Co NA5,000$165.1K0.01%00.0%Unchanged
Colonial Trust Advisors5,000$165.1K0.01%00.0%Unchanged
Arlington Trust Co LLC5,206$171.9K0.02%00.0%Unchanged
Nalls Sherbakoff Group, LLC5,226$172.6K0.12%00.0%Unchanged
Evergreen Private Wealth LLC5,400$178.3K0.07%−1,901−26.0%Reduced
Red Tortoise LLC5,600$184.9K0.08%00.0%Unchanged
DV Trading LLC6,000$198.1K0.02%+6,000New
Alternative Investment Advisors, LLC.6,065$200.3K0.09%+6,065New
Ofc Financial Planning, LLC6,084$200.9K0.19%+6,084New
Pure Financial Advisors, Inc.6,089$201.1K0.00%−2,002−24.7%Reduced
Harbor Investment Advisory, LLC6,090$201.1K0.02%00.0%Unchanged
Midwest Trust Co6,110$201.8K0.00%−8,798−59.0%Reduced