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.
| 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, Q4 2025
Shares, value and share of portfolio for each institution holding Sprott Physical Gold Trust; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Peak Financial Management, Inc. | 22,000 | $726.4K | 0.19% | −214−1.0% | Reduced |
| S.A. Mason LLC | 22,062 | $728.5K | 0.29% | +1,005+4.8% | Added |
| RIA Advisory Group LLC | 22,567 | $745.2K | 0.18% | −301−1.3% | Reduced |
| Sankala Group LLC | 18,740 | $752.4K | 0.60% | +18,740 | New |
| Private Client Services, LLC | 23,191 | $765.8K | 0.24% | −9,890−29.9% | Reduced |
| BSW Wealth Partners | 23,327 | $770.3K | 0.09% | 00.0% | Unchanged |
| Atomi Financial Group, Inc. | 23,450 | $774.3K | 0.02% | +12,994+124.3% | Added |
| Tocqueville Asset Management L.P. | 23,453 | $774.4K | 0.01% | 00.0% | Unchanged |
| Meridian Wealth Advisors, LLC | 23,469 | $774.9K | 0.11% | 00.0% | Unchanged |
| Flow Traders U.S. LLC | 23,579 | $779.0K | 0.03% | −33,245−58.5% | Reduced |
| McAlvany Wealth Management LLC | 17,055 | $781.1K | 0.60% | +17,055 | New |
| Nvest Financial, LLC | 23,717 | $783.1K | 0.33% | +4,666+24.5% | Added |
| United Capital Financial Advisers, LLC | 23,818 | $786.5K | 0.00% | +23,818 | New |
| Lumbard & Kellner, LLC | 23,831 | $786.9K | 0.28% | 00.0% | Unchanged |
| Semper Augustus Investments Group LLCSuperinvestorSemper Augustus | 23,869 | $788.2K | 0.09% | 00.0% | Unchanged |
| XTX Topco Ltd | 24,269 | $801.4K | 0.02% | −25,425−51.2% | Reduced |
| Badgley Phelps Wealth Managers, LLC | 24,544 | $810.4K | 0.01% | +2,319+10.4% | Added |
| Wedbush Securities Inc | 24,553 | $811.0K | 0.02% | −360−1.4% | Reduced |
| Community Bank, N.A. | 24,654 | $814.1K | 0.10% | 00.0% | Unchanged |
| HBK Sorce Advisory LLC | 22,251 | $830.2K | 0.02% | −3,159−12.4% | Reduced |
| Fortitude Advisory Group L.L.C. | 25,156 | $830.7K | 0.35% | 00.0% | Unchanged |
| Journey Strategic Wealth LLC | 25,411 | $839.1K | 0.02% | 00.0% | Unchanged |
| Sound View Wealth Advisors Group, LLC | 25,975 | $857.7K | 0.06% | +6,075+30.5% | Added |
| Harmony Asset Management LLC | 26,166 | $864.0K | 0.29% | −2,897−10.0% | Reduced |
| Howe & Rusling Inc | 26,221 | $865.8K | 0.06% | +2,708+11.5% | Added |
| Walser Wealth Management Company, A Ltd Liability Co | 26,662 | $880.4K | 0.46% | +26,662 | New |
| Millennium Capital Advisors, LLC | 26,988 | $891.1K | 0.53% | 00.0% | Unchanged |
| U.S. Capital Wealth Advisors, LLC | 27,221 | $898.8K | 0.02% | −800−2.9% | Reduced |
| Bank of New York Mellon Corp | 27,260 | $900.1K | 0.00% | −201−0.7% | Reduced |
| Sequoia Financial Advisors, LLC | 27,498 | $908.0K | 0.01% | +733+2.7% | Added |
| Straight Path Wealth Management | 28,144 | $929.3K | 0.25% | −1,250−4.3% | Reduced |
| AdvisorNet Financial, Inc | 28,290 | $934.1K | 0.05% | +14,415+103.9% | Added |
| Kovack Advisors, Inc. | 29,554 | $975.9K | 0.05% | +29,554 | New |
| Brinker Capital Investments, LLC | 29,958 | $989.2K | 0.01% | +3,646+13.9% | Added |
| J2 Capital Management Inc | 29,969 | $989.6K | 0.72% | +960+3.3% | Added |
| Fisher Asset Management, LLC | 30,054 | $992.4K | 0.00% | −63−0.2% | Reduced |
| Miracle Mile Advisors, LLC | 30,069 | $992.9K | 0.01% | 00.0% | Unchanged |
| Latitude Advisors, LLC | 30,540 | $1.01M | 0.44% | +300+1.0% | Added |
| True North Advisors, LLC | 30,659 | $1.01M | 0.13% | −3,959−11.4% | Reduced |
| Merit Financial Group, LLC | 30,893 | $1.02M | 0.01% | −162−0.5% | Reduced |
| Whalerock Point Partners, LLC | 31,000 | $1.02M | 0.19% | +31,000 | New |
| Ingalls & Snyder LLC | 31,114 | $1.03M | 0.04% | −150.0% | Reduced |
| IFP Advisors, Inc | 31,408 | $1.04M | 0.02% | +61+0.2% | Added |
| MKT Advisors LLC | 30,710 | $1.04M | 0.36% | −1,500−4.7% | Reduced |
| EP Wealth Advisors, LLC | 32,158 | $1.06M | 0.01% | +32,158 | New |
| Foundations Investment Advisors, LLC | 32,213 | $1.06M | 0.01% | +3,200+11.0% | Added |
| Allworth Financial LP | 32,569 | $1.08M | 0.00% | +10,175+45.4% | Added |
| Galvin, Gaustad & Stein, LLC | 32,683 | $1.08M | 0.08% | −1,610−4.7% | Reduced |
| Pettinga Financial Advisors, LLC | 33,757 | $1.11M | 0.21% | −6,440−16.0% | Reduced |
| Equitable Holdings, Inc. | 33,810 | $1.12M | 0.01% | +4,555+15.6% | Added |
| Pathstone Holdings, LLC | 34,598 | $1.14M | 0.00% | 00.0% | Unchanged |
| Stephens Inc | 34,925 | $1.15M | 0.01% | 00.0% | Unchanged |
| Columbia Advisory Partners LLC | 34,977 | $1.15M | 0.79% | −18,498−34.6% | Reduced |
| Bradley Foster & Sargent Inc | 35,122 | $1.16M | 0.02% | 00.0% | Unchanged |
| Lido Advisors, LLC | 39,267 | $1.16M | 0.00% | 00.0% | Unchanged |
| Diesslin Group, Inc. | 35,834 | $1.18M | 0.47% | +35,834 | New |
| Crown Wealth Group, LLC | 36,011 | $1.19M | 0.33% | +6,253+21.0% | Added |
| Arnhold LLC | 36,486 | $1.20M | 0.09% | −15,000−29.1% | Reduced |
| Andina Capital Management, LLC | 36,990 | $1.22M | 0.74% | −8,972−19.5% | Reduced |
| BEAM Asset Management, LLC | 37,522 | $1.24M | 0.34% | +2,624+7.5% | Added |
| Kavar Capital Partners Group, LLC | 37,600 | $1.24M | 0.17% | −4,800−11.3% | Reduced |
| IPG Investment Advisors LLC | 38,137 | $1.26M | 0.22% | −4,431−10.4% | Reduced |
| White Pine Capital LLC | 38,533 | $1.27M | 0.35% | 00.0% | Unchanged |
| Cresset Asset Management, LLC | 39,050 | $1.29M | 0.01% | +2,974+8.2% | Added |
| VestGen Advisors, LLC | 39,353 | $1.30M | 0.06% | +3,653+10.2% | Added |
| Euro Pacific Asset Management, LLC | 48,180 | $1.30M | 0.14% | +408+0.9% | Added |
| Beutel, Goodman & Co Ltd. | 39,500 | $1.30M | 0.01% | 00.0% | Unchanged |
| Matrix Private Capital Group LLC | 39,639 | $1.31M | 0.66% | +17,577+79.7% | Added |
| Cozad Asset Management Inc | 39,733 | $1.31M | 0.10% | +2,386+6.4% | Added |
| Bokf, NA | 40,031 | $1.32M | 0.02% | 00.0% | Unchanged |
| Islay Capital Management, LLC | 40,161 | $1.33M | 0.78% | 00.0% | Unchanged |
| Oxbow Advisors, LLC | 40,275 | $1.33M | 0.12% | +1,151+2.9% | Added |
| L2 Asset Management, LLC | 40,288 | $1.33M | 0.18% | 00.0% | Unchanged |
| Benjamin Edwards Inc | 40,425 | $1.33M | 0.01% | −4,986−11.0% | Reduced |
| Flynn Zito Capital Management, LLC | 40,841 | $1.35M | 0.48% | 00.0% | Unchanged |
| Cypress Wealth Services, LLC | 41,725 | $1.38M | 0.19% | −110−0.3% | Reduced |
| Keel Point, LLC | 41,725 | $1.38M | 0.08% | +1,138+2.8% | Added |
| Rehmann Capital Advisory Group | 41,954 | $1.39M | 0.07% | 00.0% | Unchanged |
| Sandy Cove Advisors, LLC | 42,201 | $1.39M | 0.41% | 00.0% | Unchanged |
| Fielder Capital Group LLC | 42,207 | $1.39M | 0.30% | 00.0% | Unchanged |
| Warren Averett Asset Management, LLC | 42,848 | $1.41M | 0.01% | −9,717−18.5% | Reduced |
| LVM Capital Management Ltd | 43,675 | $1.44M | 0.13% | 00.0% | Unchanged |
| Verity Asset Management, Inc. | 45,555 | $1.50M | 0.65% | −16,042−26.0% | Reduced |
| Lane Generational LLC | 45,858 | $1.51M | 1.37% | 00.0% | Unchanged |
| Insight Advisors, LLC | 48,884 | $1.61M | 0.24% | −2,040−4.0% | Reduced |
| SeaCrest Wealth Management, LLC | 47,811 | $1.63M | 0.16% | +3,296+7.4% | Added |
| Wedmont Private Capital | 47,813 | $1.63M | 0.06% | −12,000−20.1% | Reduced |
| Commerce Bank | 49,401 | $1.63M | 0.01% | +14,365+41.0% | Added |
| StoneX Group Inc. | 49,488 | $1.63M | 0.07% | −11,500−18.9% | Reduced |
| Financial Advisory Service, Inc. | 50,345 | $1.66M | 0.11% | 00.0% | Unchanged |
| Security National Bank | 50,943 | $1.68M | 0.24% | 00.0% | Unchanged |
| Hurley Capital, LLC | 51,174 | $1.69M | 0.95% | +3,971+8.4% | Added |
| Waddell & Associates, LLC | 51,216 | $1.69M | 0.11% | +782+1.6% | Added |
| VanWeelden Wealth Management, LLC | 51,265 | $1.69M | 1.33% | −500−1.0% | Reduced |
| Archetype Wealth Partners | 51,283 | $1.69M | 0.22% | 00.0% | Unchanged |
| Independent Family Office, LLC | 51,316 | $1.69M | 0.71% | 00.0% | Unchanged |
| Ade, LLC | 52,213 | $1.72M | 0.83% | +3,646+7.5% | Added |
| Rebalance, LLC | 52,268 | $1.73M | 0.10% | 00.0% | Unchanged |
| M&T Bank Corp | 53,246 | $1.76M | 0.01% | +3,936+8.0% | Added |
| Fort Point Capital Partners LLC | 50,000 | $1.76M | 0.21% | 00.0% | Unchanged |