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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
Hoey Investments, Inc14,000$462.3K0.06%00.0%Unchanged
Sapient Capital LLC13,889$461.3K0.01%00.0%Unchanged
Heritage Trust Co13,847$457.2K0.05%00.0%Unchanged
Soltis Investment Advisors LLC13,788$455.3K0.03%−385−2.7%Reduced
Koshinski Asset Management, Inc.13,584$448.5K0.03%+58+0.4%Added
Investor's Fiduciary Advisor Network, LLC13,595$448.0K0.10%+622+4.8%Added
Allen Capital Group, LLC13,416$443.0K0.04%+6,629+97.7%Added
Neuberger Berman Group LLC13,374$441.6K0.00%00.0%Unchanged
Wealth Alliance Advisory Group, LLC13,289$438.8K0.08%00.0%Unchanged
55 North Private Wealth, LLC13,223$436.6K0.12%+13,223New
Bearing Point Capital, LLC13,000$429.3K0.07%00.0%Unchanged
Princeton Global Asset Management LLC12,900$426.0K0.07%00.0%Unchanged
WealthBridge Capital Management, LLC12,862$424.7K0.10%−319−2.4%Reduced
Park Avenue Securities LLC12,681$419.0K0.00%−1,396−9.9%Reduced
Principal Securities, Inc.12,600$416.1K0.01%+302+2.5%Added
Bleichroeder LP12,540$414.1K0.07%00.0%Unchanged
Apollon Financial, LLC12,482$412.2K0.06%+12,482New
Stonehage Fleming Financial Services Holdings Ltd12,482$412.2K0.01%00.0%Unchanged
HM Payson & Co12,154$401.3K0.01%00.0%Unchanged
Founders Financial Securities LLC12,144$401.0K0.02%+12,144New
Mutual Advisors, LLC12,097$399.4K0.01%+2,050+20.4%Added
Brown Advisory Inc12,045$397.7K0.00%00.0%Unchanged
Oliver Luxxe Assets LLC12,036$397.4K0.06%00.0%Unchanged
Menlo Advisors LLC12,000$396.0K0.18%00.0%Unchanged
Pure Portfolios Holdings LLC11,989$395.9K0.12%−60−0.5%Reduced
David Loasby11,035$386.3K0.03%00.0%Unchanged
Forza Wealth Management, LLC11,613$383.5K0.14%00.0%Unchanged
Clarity Financial LLC11,523$380.5K0.04%−12,296−51.6%Reduced
Prelude Capital Management, LLC11,522$380.5K0.03%−15,000−56.6%Reduced
Beacon Financial Advisory LLC11,364$375.2K0.09%+2,786+32.5%Added
Live Oak Private Wealth LLC11,250$371.5K0.05%+11,250New
WCG Wealth Advisors LLC11,230$370.8K0.01%+11,230New
Keybank National Association11,127$367.4K0.00%00.0%Unchanged
Apriem Advisors11,113$367.0K0.03%−1,195−9.7%Reduced
Fairway Wealth LLC11,111$366.9K0.10%00.0%Unchanged
CWA Asset Management Group, LLC11,087$366.1K0.01%00.0%Unchanged
Capital City Trust Co10,900$359.9K0.08%+650+6.3%Added
Vontobel Holding Ltd.10,876$359.1K0.00%−1,124−9.4%Reduced
Stillwater Wealth Management Group10,800$356.6K0.24%−800−6.9%Reduced
Modera Wealth Management, LLC10,776$355.8K0.00%00.0%Unchanged
Almanack Investment Partners, LLC.10,736$354.5K0.06%−6,531−37.8%Reduced
Two Sigma Securities, LLC10,683$352.8K0.05%−91,506−89.5%Reduced
Douglass Winthrop Advisors, LLC10,670$352.3K0.01%00.0%Unchanged
WS Portfolio Advisory, LLC10,521$347.4K19.27%00.0%Unchanged
Oak Family Advisors, LLC10,438$344.7K0.11%−3,267−23.8%Reduced
Prime Capital Investment Advisors, LLC10,410$343.7K0.00%00.0%Unchanged
Dorsey & Whitney Trust CO LLC10,380$342.7K0.02%00.0%Unchanged
CoreCap Advisors, LLC10,349$341.7K0.01%+198+2.0%Added
Western Wealth Management, LLC10,330$341.1K0.02%+10,330New
Surience Private Wealth LLC10,295$339.9K0.38%+3,175+44.6%Added
Willis Johnson & Associates, Inc.10,216$337.3K0.02%00.0%Unchanged
Sovran Advisors, LLC9,586$337.2K0.03%+9,586New
Carnegie Lake Advisors LLC10,200$336.8K0.13%00.0%Unchanged
Secure Asset Management, LLC10,167$335.7K0.05%−33−0.3%Reduced
National Asset Management, Inc.10,166$335.7K0.02%−120−1.2%Reduced
Innovative Advisory Group, LLC10,149$335.1K0.22%00.0%Unchanged
Investment Partners Asset Management, Inc.10,019$330.8K0.21%−283−2.7%Reduced
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
HRT Financial LP10,013$330.0K0.00%+10,013New
Sunbelt Securities, Inc.9,949$328.5K0.02%−1,999−16.7%Reduced
Stonebridge Capital Advisors LLC9,850$325.2K0.02%−400−3.9%Reduced
Inspire Advisors, LLC9,711$320.7K0.03%−597−5.8%Reduced
International Assets Investment Management, LLC9,689$319.9K0.02%−2,737−22.0%Reduced
ARS Wealth Advisors Group, LLC9,561$315.7K0.03%+9,561New
Integrity Alliance, LLC.9,555$315.5K0.01%−341−3.4%Reduced
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
Sound Income Strategies, LLC8,936$313.0K0.01%+5,167+137.1%Added
Zacks Investment Management9,325$307.9K0.00%−637−6.4%Reduced
Diligent Investors, LLC9,188$303.4K0.07%+153+1.7%Added
Hamrick Investment Counsel, llc9,060$299.2K0.22%+9,060New
Parvin Asset Management, LLC9,048$298.8K0.24%+9,048New
Accurate Wealth Management, LLC8,645$297.5K0.04%−320−3.6%Reduced
Rockwood Wealth Management, LLC8,958$295.8K0.02%+8,958New
Strait & Sound Wealth Management LLC8,786$290.1K0.11%00.0%Unchanged
BKD Wealth Advisors, LLC8,729$288.2K0.01%+8,729New
Cushing Capital Partners, LLC8,712$287.7K0.21%−33−0.4%Reduced
Pecaut & Co.8,700$287.3K0.09%00.0%Unchanged
TownSquare Capital, LLC8,654$285.8K0.06%+8,654New
Asset Advisors Investment Management, LLC8,600$284.0K0.03%00.0%Unchanged
Adviser Investments LLC8,500$280.7K0.00%00.0%Unchanged
Sigma Planning Corp8,460$279.3K0.01%−4,675−35.6%Reduced
Cannon Advisors, Inc.7,877$278.6K0.20%00.0%Unchanged
Smithfield Trust Co8,347$276.0K0.01%00.0%Unchanged
Clear Harbor Asset Management, LLC8,283$273.5K0.02%00.0%Unchanged
Ledyard National Bank8,187$270.3K0.02%00.0%Unchanged
Forum Financial Management, LP8,169$269.7K0.00%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
Nelson, Van Denburg & Campbell Wealth Management Group, LLC7,981$263.5K0.01%00.0%Unchanged
HB Wealth Management, LLC7,918$261.5K0.00%−419−5.0%Reduced
Moseley Investment Management Inc7,900$260.9K0.08%+7,900New