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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
TCFG Wealth Management, LLC6,125$202.2K0.08%+6,125New
Triton Wealth Management, PLLC5,519$203.2K0.08%−1,671−23.2%Reduced
Smith, Moore & Co.6,160$203.4K0.02%+6,160New
Alexander Labrunerie & Co., Inc.6,232$205.8K0.07%+6,232New
RHS Financial, LLC6,260$206.7K0.10%+6,260New
Summit Financial Strategies, Inc.6,272$207.1K0.02%+6,272New
Pinnacle Associates Ltd6,335$209.2K0.00%+6,335New
Howard Financial Services, Ltd.6,369$210.3K0.02%+6,369New
Thoroughbred Financial Services, LLC6,420$211.0K0.01%−336−5.0%Reduced
O'Rourke & Company, Inc6,417$211.9K0.08%+6,417New
Bryn Mawr Trust Co6,500$214.6K0.01%00.0%Unchanged
J. Derek Lewis & Associates Inc.6,500$214.6K0.05%+6,500New
Ironwood Investment Counsel, LLC6,520$215.3K0.03%+6,520New
Thrivent Financial for Lutherans6,536$216.0K0.00%+6,536New
NFP Retirement, Inc.6,570$216.9K0.01%+6,570New
Bessemer Group Inc6,586$217.0K0.00%+6,586New
Advisors Capital Management, LLC6,635$219.1K0.00%+6,635New
Avantax Planning Partners, Inc.6,658$219.8K0.01%+6,658New
Redhawk Wealth Advisors, Inc.6,679$220.5K0.02%+6,679New
FSA Advisors, Inc.6,745$222.7K0.15%+6,745New
Parallel Advisors, LLC6,818$225.1K0.00%−170−2.4%Reduced
Centaurus Financial, Inc.6,884$227.0K0.01%+170+2.5%Added
Madrona Financial Services, LLC6,890$227.5K0.05%+6,890New
Joseph P. Lucia & Associates, LLC6,955$229.7K0.08%00.0%Unchanged
Caldwell Trust Co6,970$230.1K0.02%+6,970New
Keating Investment Counselors Inc7,010$231.5K0.06%00.0%Unchanged
Outlook Wealth Advisors, LLC7,110$234.8K0.05%+7,110New
Advyzon Investment Management, LLC7,112$234.8K0.03%−640−8.3%Reduced
Trust Point Inc.7,113$234.9K0.02%00.0%Unchanged
Total Investment Management Inc7,191$237.4K0.03%+7,191New
Fiduciary Alliance LLC7,195$237.6K0.02%+300+4.4%Added
Coastwise Capital Group, LLC7,200$237.7K0.12%00.0%Unchanged
Atlas Capital Advisors LLC7,200$237.7K0.03%+7,200New
Plan Group Financial, LLC7,300$241.0K0.06%+7,300New
IKE Capital, LLC7,300$241.0K0.21%+7,300New
Manchester Financial Inc7,360$243.0K0.05%+410+5.9%Added
Principia Wealth Advisory, LLC7,390$244.0K0.15%−1,890−20.4%Reduced
Towneley Capital Management, Inc7,510$248.0K0.05%00.0%Unchanged
Savant Capital, LLC7,522$248.4K0.00%−1,398−15.7%Reduced
Pacific Wealth Management7,565$249.8K0.12%00.0%Unchanged
Woodmont Investment Counsel LLC7,684$253.7K0.02%−3,974−34.1%Reduced
Pacific Center for Financial Services8,750$259.2K0.07%00.0%Unchanged
Moseley Investment Management Inc7,900$260.9K0.08%+7,900New
HB Wealth Management, LLC7,918$261.5K0.00%−419−5.0%Reduced
Nelson, Van Denburg & Campbell Wealth Management Group, LLC7,981$263.5K0.01%00.0%Unchanged
Summit Financial Wealth Advisors, LLC8,000$264.2K0.04%00.0%Unchanged
Tranquilli Financial Advisor LLC8,000$264.2K0.15%00.0%Unchanged
Robinson Smith Wealth Advisors LLC8,000$264.2K0.18%00.0%Unchanged
Uniting Wealth Partners, LLC8,000$264.2K0.08%00.0%Unchanged
Forum Financial Management, LP8,169$269.7K0.00%00.0%Unchanged
Ledyard National Bank8,187$270.3K0.02%00.0%Unchanged
Clear Harbor Asset Management, LLC8,283$273.5K0.02%00.0%Unchanged
Smithfield Trust Co8,347$276.0K0.01%00.0%Unchanged
Cannon Advisors, Inc.7,877$278.6K0.20%00.0%Unchanged
Sigma Planning Corp8,460$279.3K0.01%−4,675−35.6%Reduced
Adviser Investments LLC8,500$280.7K0.00%00.0%Unchanged
Asset Advisors Investment Management, LLC8,600$284.0K0.03%00.0%Unchanged
TownSquare Capital, LLC8,654$285.8K0.06%+8,654New
Pecaut & Co.8,700$287.3K0.09%00.0%Unchanged
Cushing Capital Partners, LLC8,712$287.7K0.21%−33−0.4%Reduced
BKD Wealth Advisors, LLC8,729$288.2K0.01%+8,729New
Strait & Sound Wealth Management LLC8,786$290.1K0.11%00.0%Unchanged
Rockwood Wealth Management, LLC8,958$295.8K0.02%+8,958New
Accurate Wealth Management, LLC8,645$297.5K0.04%−320−3.6%Reduced
Parvin Asset Management, LLC9,048$298.8K0.24%+9,048New
Hamrick Investment Counsel, llc9,060$299.2K0.22%+9,060New
Diligent Investors, LLC9,188$303.4K0.07%+153+1.7%Added
Zacks Investment Management9,325$307.9K0.00%−637−6.4%Reduced
Sound Income Strategies, LLC8,936$313.0K0.01%+5,167+137.1%Added
Wealth Dimensions Group, Ltd.9,500$313.7K0.06%00.0%Unchanged
J.E. Simmons & Co., P.C.9,500$313.7K0.20%+9,500New
Integrity Alliance, LLC.9,555$315.5K0.01%−341−3.4%Reduced
ARS Wealth Advisors Group, LLC9,561$315.7K0.03%+9,561New
International Assets Investment Management, LLC9,689$319.9K0.02%−2,737−22.0%Reduced
Inspire Advisors, LLC9,711$320.7K0.03%−597−5.8%Reduced
Stonebridge Capital Advisors LLC9,850$325.2K0.02%−400−3.9%Reduced
Sunbelt Securities, Inc.9,949$328.5K0.02%−1,999−16.7%Reduced
HRT Financial LP10,013$330.0K0.00%+10,013New
Citadel Advisors LLC10,000$330.2K0.00%−154,823−93.9%Reduced
Investors Asset Management of Georgia Inc10,000$330.2K0.14%00.0%Unchanged
Tower Bridge Advisors10,000$330.2K0.03%00.0%Unchanged
Tiemann Investment Advisors, LLC10,000$330.2K0.13%00.0%Unchanged
Clientfirst Wealth Management, LLC10,000$330.2K0.27%00.0%Unchanged
Mendota Financial Group, LLC10,000$330.2K0.24%00.0%Unchanged
Glenmede Trust Co NA10,000$330.2K0.00%+10,000New
Investment Partners Asset Management, Inc.10,019$330.8K0.21%−283−2.7%Reduced
Innovative Advisory Group, LLC10,149$335.1K0.22%00.0%Unchanged
National Asset Management, Inc.10,166$335.7K0.02%−120−1.2%Reduced
Secure Asset Management, LLC10,167$335.7K0.05%−33−0.3%Reduced
Carnegie Lake Advisors LLC10,200$336.8K0.13%00.0%Unchanged
Sovran Advisors, LLC9,586$337.2K0.03%+9,586New
Willis Johnson & Associates, Inc.10,216$337.3K0.02%00.0%Unchanged
Surience Private Wealth LLC10,295$339.9K0.38%+3,175+44.6%Added
Western Wealth Management, LLC10,330$341.1K0.02%+10,330New
CoreCap Advisors, LLC10,349$341.7K0.01%+198+2.0%Added
Dorsey & Whitney Trust CO LLC10,380$342.7K0.02%00.0%Unchanged
Prime Capital Investment Advisors, LLC10,410$343.7K0.00%00.0%Unchanged
Oak Family Advisors, LLC10,438$344.7K0.11%−3,267−23.8%Reduced
WS Portfolio Advisory, LLC10,521$347.4K19.27%00.0%Unchanged
Douglass Winthrop Advisors, LLC10,670$352.3K0.01%00.0%Unchanged