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 |
|---|---|---|---|---|---|
| TruNorth Capital Management, LLC | 53,499 | $1.77M | 0.34% | 00.0% | Unchanged |
| McAdam, LLC | 55,023 | $1.82M | 0.08% | +17,379+46.2% | Added |
| Colony Group, LLC | 55,565 | $1.83M | 0.00% | +46,384+505.2% | Added |
| BCS Wealth Management | 55,738 | $1.84M | 0.19% | +27,744+99.1% | Added |
| Goldman Sachs Group Inc | 55,842 | $1.84M | 0.00% | 00.0% | Unchanged |
| G&S Capital LLC | 55,901 | $1.85M | 0.65% | +907+1.6% | Added |
| EverSource Wealth Advisors, LLC | 56,518 | $1.87M | 0.07% | +16,909+42.7% | Added |
| Quantinno Capital Management LP | 56,840 | $1.88M | 0.00% | +628+1.1% | Added |
| Larson Financial Group LLC | 57,676 | $1.90M | 0.06% | +2,737+5.0% | Added |
| City National Bank of Florida | 57,802 | $1.91M | 1.25% | +3,413+6.3% | Added |
| Foster Dykema Cabot & Partners, LLC | 58,084 | $1.92M | 0.12% | −1,715−2.9% | Reduced |
| Baker Avenue Asset Management, LP | 59,153 | $1.95M | 0.05% | −347−0.6% | Reduced |
| MML Investors Services, LLC | 59,181 | $1.95M | 0.00% | −14,033−19.2% | Reduced |
| FLP Wealth Management, LLC | 59,474 | $1.96M | 4.65% | 00.0% | Unchanged |
| Rossby Financial, LCC | 59,650 | $1.97M | 0.62% | 00.0% | Unchanged |
| Brookwood Investment Group LLC | 59,805 | $1.97M | 0.24% | +19,237+47.4% | Added |
| Banque Pictet & Cie SA | 60,182 | $1.99M | 0.02% | 00.0% | Unchanged |
| Claret Asset Management Corp | 60,280 | $1.99M | 0.23% | −1,120−1.8% | Reduced |
| Avenir Corp | 60,310 | $1.99M | 0.22% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 63,034 | $2.08M | 0.00% | +14,987+31.2% | Added |
| Clifford Swan Investment Counsel LLC | 63,035 | $2.08M | 0.07% | 00.0% | Unchanged |
| Aptus Capital Advisors, LLC | 64,692 | $2.14M | 0.02% | +4,112+6.8% | Added |
| Kestra Private Wealth Services, LLC | 64,808 | $2.14M | 0.03% | +4,205+6.9% | Added |
| Hedges Asset Management LLC | 65,000 | $2.15M | 1.51% | 00.0% | Unchanged |
| First Manhattan Co | 65,599 | $2.17M | 0.01% | 00.0% | Unchanged |
| CWM, LLC | 65,951 | $2.18M | 0.01% | −4,127−5.9% | Reduced |
| Apollon Wealth Management, LLC | 67,656 | $2.23M | 0.04% | +621+0.9% | Added |
| UBS Group AG | 70,329 | $2.32M | 0.00% | +70,329 | New |
| Sentinel Pension Advisors Inc | 70,515 | $2.33M | 0.36% | +1,356+2.0% | Added |
| ORG Wealth Partners, LLC | 70,799 | $2.34M | 0.55% | +1,466+2.1% | Added |
| Harbour Investments, Inc. | 71,435 | $2.36M | 0.05% | +12,411+21.0% | Added |
| HC Advisors, LLC | 71,503 | $2.36M | 1.63% | +625+0.9% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 72,900 | $2.41M | 0.00% | −1,000−1.4% | Reduced |
| IHT Wealth Management, LLC | 73,166 | $2.42M | 0.06% | +5,323+7.8% | Added |
| Insight Wealth Partners, LLC | 73,374 | $2.42M | 1.01% | −691−0.9% | Reduced |
| Wakefield Asset Management LLLP | 75,219 | $2.48M | 0.67% | −1,528−2.0% | Reduced |
| North Star Investment Management Corp. | 76,409 | $2.52M | 0.16% | 00.0% | Unchanged |
| Vise Technologies, Inc. | 76,798 | $2.54M | 0.05% | +63,731+487.7% | Added |
| Intrua Financial, LLC | 78,409 | $2.59M | 0.28% | +12,865+19.6% | Added |
| Wealth Management Associates, Inc. | 79,003 | $2.61M | 0.91% | −1,047−1.3% | Reduced |
| Silver Oak Securities, Inc | 78,602 | $2.61M | 0.18% | +29,503+60.1% | Added |
| Freestone Capital Holdings, LLC | 79,584 | $2.63M | 0.08% | +183+0.2% | Added |
| Sonoma Private Wealth LLC | 81,276 | $2.68M | 3.24% | +3,513+4.5% | Added |
| Moors & Cabot, Inc. | 81,515 | $2.69M | 0.12% | −17,086−17.3% | Reduced |
| Nwam LLC | 70,211 | $2.70M | 0.15% | +144+0.2% | Added |
| AE Wealth Management LLC | 82,673 | $2.73M | 0.02% | +16,997+25.9% | Added |
| J.W. Cole Advisors, Inc. | 84,318 | $2.77M | 0.07% | +7,109+9.2% | Added |
| Connective Portfolio Management, LLC | 85,000 | $2.81M | 5.06% | +20,000+30.8% | Added |
| Cerity Partners LLC | 84,882 | $2.81M | 0.00% | −423,440−83.3% | Reduced |
| Avidian Wealth Solutions, LLC | 85,092 | $2.81M | 0.10% | −31,972−27.3% | Reduced |
| Montis Financial, LLC | 86,336 | $2.85M | 0.56% | −1,215−1.4% | Reduced |
| Cypress Capital Management LLC (WY) | 86,466 | $2.86M | 2.65% | −410.0% | Reduced |
| St. James Investment Company, LLC | 86,740 | $2.86M | 0.46% | −1,450−1.6% | Reduced |
| Spirepoint Private Client, LLC | 86,865 | $2.87M | 0.27% | +15,040+20.9% | Added |
| Beaird Harris Wealth Management, LLC | 88,930 | $2.94M | 0.20% | 00.0% | Unchanged |
| Great Valley Advisor Group, Inc. | 89,700 | $2.96M | 0.06% | −19,861−18.1% | Reduced |
| Hollencrest Capital Management | 90,692 | $2.99M | 0.10% | −1,530−1.7% | Reduced |
| Insigneo Advisory Services, LLC | 90,773 | $3.00M | 0.22% | +6,172+7.3% | Added |
| Enclave Advisors LLC | 91,527 | $3.02M | 0.43% | +91,527 | New |
| GWM Advisors LLC | 91,968 | $3.04M | 0.01% | −196−0.2% | Reduced |
| E&G Advisors, LP | 92,379 | $3.05M | 0.68% | −513−0.6% | Reduced |
| Guardian Wealth Advisors, LLC | 93,203 | $3.08M | 0.19% | −5,910−6.0% | Reduced |
| Concurrent Investment Advisors, LLC | 93,875 | $3.10M | 0.04% | +43,443+86.1% | Added |
| RPS Advisory Solutions LLC | 94,197 | $3.11M | 1.47% | +35,267+59.8% | Added |
| A. D. Beadell Investment Counsel, Inc. | 95,294 | $3.15M | 2.04% | −2,524−2.6% | Reduced |
| Guardian Partners Inc. | 85,000 | $3.16M | 0.25% | +85,000 | New |
| Bailard, Inc. | 97,668 | $3.22M | 0.07% | −500−0.5% | Reduced |
| Apella Capital, LLC | 98,684 | $3.26M | 0.06% | −1,191−1.2% | Reduced |
| D.A. Davidson & Co. | 99,054 | $3.27M | 0.02% | +69,233+232.2% | Added |
| Change Path, LLC | 107,813 | $3.56M | 0.09% | −15,330−12.4% | Reduced |
| Grand Central Investment Group | 108,962 | $3.60M | 2.61% | +108,962 | New |
| New Harbor Financial Group, LLC | 110,345 | $3.64M | 0.67% | +16,073+17.0% | Added |
| Fiduciary Trust Co | 110,378 | $3.64M | 0.04% | +14,727+15.4% | Added |
| CIBC Private Wealth Group, LLC | 111,509 | $3.68M | 0.01% | +8,033+7.8% | Added |
| Quadrant Private Wealth Management, LLC | 112,579 | $3.72M | 0.61% | +7,598+7.2% | Added |
| Truist Financial Corp | 114,561 | $3.78M | 0.01% | −9,835−7.9% | Reduced |
| Red Door Wealth Management, LLC | 114,862 | $3.79M | 0.39% | 00.0% | Unchanged |
| Davenport & Co LLC | 118,555 | $3.91M | 0.02% | −1,433−1.2% | Reduced |
| Belpointe Asset Management LLC | 119,405 | $3.94M | 0.14% | +14,576+13.9% | Added |
| Kerntke Otto McGlone Wealth Management Group | 120,896 | $3.99M | 2.82% | +15,930+15.2% | Added |
| Cedrus Wealth Group LLC | 124,466 | $4.11M | 3.79% | +124,466 | New |
| AlphaCore Capital LLC | 127,737 | $4.22M | 0.09% | +66,900+110.0% | Added |
| Pictet Asset Management Holding SA | 129,406 | $4.27M | 0.00% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 130,098 | $4.30M | 0.01% | +1,690+1.3% | Added |
| Capital Group Private Client Services, Inc. | 130,341 | $4.30M | 0.07% | −262−0.2% | Reduced |
| Pine Valley Investments Ltd Liability Co | 130,522 | $4.31M | 0.21% | +200+0.2% | Added |
| ORG Partners LLC | 130,776 | $4.32M | 0.76% | −48,479−27.0% | Reduced |
| Bruce G. Allen Investments, LLC | 132,304 | $4.37M | 2.95% | −14,244−9.7% | Reduced |
| Entruity Wealth, LLC | 142,845 | $4.72M | 3.36% | −17,173−10.7% | Reduced |
| Proactive Wealth Strategies LLC | 143,494 | $4.74M | 1.88% | +8,990+6.7% | Added |
| Rockefeller Capital Management L.P. | 146,400 | $4.83M | 0.01% | −4,651−3.1% | Reduced |
| NovaPoint Capital, LLC | 147,330 | $4.86M | 1.25% | +446+0.3% | Added |
| Clearstead Advisors, LLC | 149,897 | $4.95M | 0.06% | +20,394+15.7% | Added |
| Valued Retirements, Inc. | 150,650 | $4.97M | 4.86% | +16,750+12.5% | Added |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | 152,244 | $5.03M | 0.60% | +2,639+1.8% | Added |
| Greenfield Seitz Capital Management, LLC | 154,220 | $5.09M | 1.67% | −5,620−3.5% | Reduced |
| Cauble & Harre Wealth Management, Inc. | 156,673 | $5.17M | 4.34% | +156,673 | New |
| Empire Financial Management Company, LLC | 161,226 | $5.32M | 1.16% | −26,538−14.1% | Reduced |
| Amitell Capital Pte Ltd | 162,638 | $5.37M | 6.00% | −1,920−1.2% | Reduced |
| Stratos Wealth Partners, LTD. | 164,737 | $5.44M | 0.06% | +5,545+3.5% | Added |