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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, Q1 2026

Institutional positions in Sprott Physical Gold Trust as of Mar 31, 2026. 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
683
+47 vs. Q4 2025
Shares held
136.6M
−3.68M (−2.6%) vs. Q4 2025
Total value
$4.84B
+$190.8M (+4.1%) vs. Q4 2025
New holders
89
201 more added
Sold out
42
213 more reduced

6 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 683 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 heldQ1 2026: $4.84B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Sprott Physical Gold Trust; share changes are against Q4 2025.

Institutions holding PHYS in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Royal Bank of Canada9,065,043$321.3M0.06%−451,010−4.7%Reduced
Federation des caisses Desjardins du Quebec5,821,327$205.6M0.74%+231,481+4.1%Added
Central Trust Co5,542,655$196.4M3.87%+1,154,326+26.3%Added
Morgan Stanley5,537,762$196.3M0.01%+163,749+3.0%Added
Heritage Wealth Advisors4,794,455$169.9M6.64%−344,117−6.7%Reduced
Evanson Asset Management, LLC3,839,307$136.1M7.39%−240,703−5.9%Reduced
Jupiter Asset Management Ltd3,270,273$115.7M0.62%−187,097−5.4%Reduced
Cambridge Investment Research Advisors, Inc.3,082,329$109.2M0.28%+47,028+1.5%Added
Captrust Financial Advisors2,531,940$89.7M0.16%−12,977−0.5%Reduced
IMC-Chicago, LLC2,449,218$86.8M1.32%+2,037,133+494.3%Added
LPL Financial LLC2,361,598$83.7M0.02%+40,893+1.8%Added
Bleakley Financial Group, LLC2,219,816$78.7M1.23%−61,431−2.7%Reduced
Sprott Inc.2,109,488$74.8M2.27%−101,925−4.6%Reduced
Matauro, LLC2,065,418$73.2M10.58%+4,846+0.2%Added
Raymond James Financial Inc2,007,130$71.1M0.02%+213,961+11.9%Added
Envestnet Asset Management Inc1,803,388$63.9M0.02%+289,499+19.1%Added
Wells Fargo & Company1,772,405$62.8M0.01%+12,888+0.7%Added
South State Corp.1,735,437$61.5M2.87%−57,203−3.2%Reduced
Cetera Investment Advisers1,726,789$61.2M0.07%+91,695+5.6%Added
Beacon Pointe Advisors, LLC1,556,314$55.2M0.29%+80,102+5.4%Added
Forest Hill Capital, LLC1,448,500$51.3M33.71%00.0%Unchanged
Commonwealth Equity Services, LLC1,430,221$50.7M0.07%−79,587−5.3%Reduced
Jane Street Group, LLC1,376,380$48.8M0.05%+1,046,193+316.8%Added
Goldman Sachs Group Inc1,355,749$48.0M0.01%+1,299,907+2,327.8%Added
Kestra Advisory Services, LLC1,347,193$47.7M0.18%+382,603+39.7%Added
HighTower Advisors, LLC1,285,906$45.6M0.05%+184,466+16.7%Added
Wealth Enhancement Advisory Services, LLC1,112,010$39.4M0.09%−59,441−5.1%Reduced
Auxano Advisors, LLC1,007,737$35.7M7.12%−11,874−1.2%Reduced
Capital Wealth Alliance, LLC956,566$33.9M15.34%+2,470+0.3%Added
WIT Partners Advisory Pte. Ltd.941,220$33.4M9.75%+727,533+340.5%Added
Stifel Financial Corp858,339$30.4M0.03%+42,310+5.2%Added
Schwarz Dygos Wheeler Investment Advisors LLC853,305$30.2M6.28%−3,918−0.5%Reduced
Van Den Berg Management I, Inc834,961$29.6M6.78%−19,887−2.3%Reduced
Bank of America Corp832,843$29.5M0.00%−45,163−5.1%Reduced
3EDGE Asset Management, LP863,368$29.5M1.42%−89,732−9.4%Reduced
Advisor Group Holdings, Inc.815,517$28.9M0.04%−261,087−24.3%Reduced
Northwestern Mutual Wealth Management Co799,576$28.3M0.02%−179,845−18.4%Reduced
Basepoint Wealth LLC788,317$27.9M15.98%−213,486−21.3%Reduced
Bank of Montreal762,956$27.1M0.01%−169,508−18.2%Reduced
Scotia Capital Inc.750,250$26.3M0.11%−185,802−19.8%Reduced
CIBC World Markets Inc.724,494$25.7M0.05%+19,088+2.7%Added
National Bank of Canada692,869$24.3M0.02%+100,063+16.9%Added
TCP Asset Management, LLC657,916$23.3M3.00%+118,711+22.0%Added
Private Advisor Group, LLC638,594$22.6M0.11%+7,361+1.2%Added
Integrated Wealth Concepts LLC637,542$22.6M0.18%+117,464+22.6%Added
Marex Group plc635,056$22.5M0.23%−27,050−4.1%Reduced
Spears Abacus Advisors LLC617,290$21.9M0.43%+2,500+0.4%Added
Leavell Investment Management, Inc.601,703$21.3M0.87%+84,392+16.3%Added
O'Brien Greene & Co. Inc581,416$20.6M5.83%+15,800+2.8%Added
Cyndeo Wealth Partners, LLC563,098$20.0M1.05%−133,333−19.1%Reduced
Meixler Investment Management, Ltd.548,744$19.4M10.45%−44,217−7.5%Reduced
Fidelis Capital Partners, LLC543,915$19.3M1.37%00.0%Unchanged
Laird Norton Trust Company, LLC542,013$19.2M0.42%−26,630−4.7%Reduced
Wealthcare Advisory Partners LLC539,041$19.1M0.37%+32,560+6.4%Added
Kingsview Wealth Management, LLC536,503$19.0M0.26%+198,014+58.5%Added
BIP Wealth, LLC506,722$18.0M0.73%+15,372+3.1%Added
K.J. Harrison & Partners Inc505,278$17.9M2.94%+237,072+88.4%Added
Intesa Sanpaolo Wealth Management503,249$17.8M4.35%+301,249+149.1%Added
Prospera Financial Services Inc489,776$17.4M0.28%+9,735+2.0%Added
Weiss Asset Management LP484,101$17.2M0.31%+484,101New
Baird Financial Group, Inc.481,001$17.0M0.03%+14,576+3.1%Added
Wealthcare Capital Management LLC469,559$16.6M1.66%−72,687−13.4%Reduced
TD Waterhouse Canada Inc.461,475$16.6M0.05%+77,832+20.3%Added
Sanctuary Advisors, LLC467,109$16.6M0.09%+40,130+9.4%Added
Johnson Investment Counsel Inc456,672$16.2M0.13%+456,672New
Toroso Investments, LLC454,474$16.1M0.05%−308,094−40.4%Reduced
Mountain Lake Investment Management LLC450,344$16.0M10.31%−839−0.2%Reduced
Vident Advisory, LLC445,593$15.8M0.13%+81,747+22.5%Added
Hengehold Capital Management LLC443,281$15.7M1.37%−22,471−4.8%Reduced
JP Wealth Management, Inc.432,610$15.3M10.40%+2,840+0.7%Added
Essential Partners LLC419,852$14.9M5.01%+4,022+1.0%Added
Essex Financial Services, Inc.405,027$14.4M0.81%+2,773+0.7%Added
Summit Financial, LLC399,311$14.2M0.18%−19,997−4.8%Reduced
Global Endowment Management, LP396,000$14.0M1.57%00.0%Unchanged
Harbour Wealth Management Group, Inc.387,894$13.7M10.35%−6,835−1.7%Reduced
Knoll Capital Management, LLC387,055$13.7M7.61%+387,055New
Farther Finance Advisors, LLC378,878$13.7M0.13%−3,391−0.9%Reduced
Accordant Advisory Group Inc378,692$13.4M8.31%+18,975+5.3%Added
Tiaa-Cref Individual & Institutional Services, LLC375,567$13.3M0.05%+375,567New
Asset One Wealth Management LLC373,285$13.2M1.46%+9,179+2.5%Added
Transcend Wealth Collective, LLC373,174$13.2M1.06%+5,196+1.4%Added
Guild Investment Management, Inc.362,870$12.9M9.19%−975−0.3%Reduced
Kera Capital Partners, Inc.361,380$12.8M1.57%+5,187+1.5%Added
Ancora Advisors, LLC347,932$12.3M0.26%−606−0.2%Reduced
LexAurum Advisors, LLC345,284$12.2M1.59%+345,284New
Fulcrum Wealth Advisors, LLC341,152$12.1M10.02%−3,588−1.0%Reduced
Advisory Services Network, LLC332,325$11.8M0.16%+20,056+6.4%Added
TrustWell Financial Advisors, LLC329,001$11.7M10.97%−23,763−6.7%Reduced
Blueprint Investment Partners LLC328,489$11.6M1.19%+30,940+10.4%Added
Blueprint Financial Advisors LLC328,489$11.6M1.72%+30,940+10.4%Added
Pacific Sage Partners, LLC327,776$11.6M1.83%+5,788+1.8%Added
SMI Advisory Services, LLC312,744$11.0M1.82%−10,900−3.4%Reduced
Philadelphia Trust Co304,569$10.8M0.76%−24,834−7.5%Reduced
MAI Capital Management303,304$10.7M0.06%+513+0.2%Added
Janney Montgomery Scott LLC298,901$10.6M0.03%+3,400+1.2%Added
Mariner, LLC295,081$10.5M0.01%−47,189−13.8%Reduced
Proactive Wealth Strategies LLC286,988$10.2M1.91%+143,494+100.0%Added
JPMorgan Chase & Co289,787$9.89M0.00%−58,984−16.9%Reduced
Money Concepts Capital Corp276,345$9.79M0.54%+25,056+10.0%Added
Biltmore Family Office, LLC274,990$9.75M1.36%−15,500−5.3%Reduced