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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
Silver Oak Securities, Inc38,503$1.36M0.10%−40,099−51.0%Reduced
Truist Financial Corp38,586$1.37M0.00%−75,975−66.3%Reduced
SIG North Trading, ULC38,651$1.37M0.27%+38,651New
Cresset Asset Management, LLC38,849$1.38M0.01%−201−0.5%Reduced
White Pine Capital LLC39,145$1.39M0.38%+612+1.6%Added
Benjamin Edwards Inc39,525$1.40M0.01%−900−2.2%Reduced
Beutel, Goodman & Co Ltd.39,500$1.40M0.01%00.0%Unchanged
Diesslin Group, Inc.39,596$1.40M0.63%+3,762+10.5%Added
SeaCrest Wealth Management, LLC39,795$1.41M0.15%−8,016−16.8%Reduced
Bokf, NA40,031$1.42M0.02%00.0%Unchanged
Islay Capital Management, LLC40,161$1.42M0.72%00.0%Unchanged
VestGen Advisors, LLC39,976$1.43M0.04%+623+1.6%Added
Flynn Zito Capital Management, LLC40,841$1.45M0.46%00.0%Unchanged
Flow Traders U.S. LLC41,136$1.46M0.05%+17,557+74.5%Added
Brookwood Investment Group LLC41,296$1.46M0.19%−18,509−30.9%Reduced
Cozad Asset Management Inc41,878$1.48M0.12%+2,145+5.4%Added
M&T Bank Corp41,891$1.48M0.00%−11,355−21.3%Reduced
Rehmann Capital Advisory Group41,954$1.49M0.08%00.0%Unchanged
Sandy Cove Advisors, LLC42,201$1.50M0.45%00.0%Unchanged
Fielder Capital Group LLC42,207$1.50M0.33%00.0%Unchanged
Black Diamond Financial, LLC43,208$1.53M0.17%+43,208New
LVM Capital Management Ltd43,325$1.53M0.14%−350−0.8%Reduced
Keel Point, LLC43,313$1.54M0.10%+1,588+3.8%Added
Colony Group, LLC43,464$1.54M0.00%−12,101−21.8%Reduced
Park Avenue Securities LLC43,983$1.56M0.01%+31,302+246.8%Added
Independent Advisor Alliance44,765$1.59M0.02%+26,635+146.9%Added
Atomi Financial Group, Inc.44,841$1.59M0.05%+21,391+91.2%Added
Cypress Wealth Services, LLC44,931$1.59M0.22%+3,206+7.7%Added
Insight Advisors, LLC45,514$1.61M0.31%−3,370−6.9%Reduced
L2 Asset Management, LLC45,607$1.62M0.15%+5,319+13.2%Added
Lane Generational LLC45,858$1.63M1.29%00.0%Unchanged
StoneX Group Inc.48,696$1.73M0.09%−792−1.6%Reduced
Two Sigma Securities, LLC48,744$1.73M0.20%+38,061+356.3%Added
Collaborative Fund Advisors, LLC48,950$1.73M1.07%+48,950New
Commerce Bank49,724$1.76M0.01%+323+0.7%Added
Fort Point Capital Partners LLC50,000$1.77M0.23%00.0%Unchanged
Financial Advisory Service, Inc.50,345$1.78M0.11%00.0%Unchanged
Waddell & Associates, LLC50,442$1.79M0.10%−774−1.5%Reduced
Security National Bank50,943$1.81M0.26%00.0%Unchanged
Archetype Wealth Partners51,283$1.82M0.23%00.0%Unchanged
Independent Family Office, LLC51,316$1.82M0.75%00.0%Unchanged
Ade, LLC52,213$1.85M0.89%00.0%Unchanged
Rebalance, LLC52,268$1.85M0.11%00.0%Unchanged
Hurley Capital, LLC52,305$1.85M0.99%+1,131+2.2%Added
TruNorth Capital Management, LLC53,499$1.90M0.36%00.0%Unchanged
VanWeelden Wealth Management, LLC53,726$1.90M1.52%+2,461+4.8%Added
Verity Asset Management, Inc.53,795$1.91M0.80%+8,240+18.1%Added
Concurrent Investment Advisors, LLC53,908$1.91M0.02%−39,967−42.6%Reduced
Nwam LLC54,009$1.91M0.11%−16,202−23.1%Reduced
Insight Wealth Partners, LLC54,476$1.93M0.78%−18,898−25.8%Reduced
Warren Averett Asset Management, LLC55,225$1.96M0.01%+12,377+28.9%Added
Claret Asset Management Corp55,730$1.98M0.24%−4,550−7.5%Reduced
Baker Avenue Asset Management, LP57,454$2.04M0.05%−1,699−2.9%Reduced
UBS Group AG57,600$2.04M0.00%−12,729−18.1%Reduced
Financial Sense Advisors, Inc.57,621$2.04M0.41%+42,000+268.9%Added
Foster Dykema Cabot & Partners, LLC58,084$2.06M0.13%00.0%Unchanged
Larson Financial Group LLC58,322$2.07M0.07%+646+1.1%Added
Holos Integrated Wealth LLC58,311$2.07M1.05%+58,311New
ORG Wealth Partners, LLC59,640$2.11M0.42%−11,159−15.8%Reduced
Quantinno Capital Management LP59,933$2.12M0.00%+3,093+5.4%Added
Banque Pictet & Cie SA60,182$2.13M0.02%00.0%Unchanged
Avenir Corp60,310$2.14M0.26%00.0%Unchanged
Rossby Financial, LCC59,600$2.15M0.45%−50−0.1%Reduced
G&S Capital LLC60,919$2.16M0.76%+5,018+9.0%Added
Keybank National Association61,127$2.17M0.01%+50,000+449.4%Added
Clifford Swan Investment Counsel LLC62,635$2.22M0.08%−400−0.6%Reduced
Kestra Private Wealth Services, LLC64,058$2.27M0.03%−750−1.2%Reduced
Aptus Capital Advisors, LLC64,192$2.27M0.02%−500−0.8%Reduced
St. James Investment Company, LLC64,905$2.30M0.36%−21,835−25.2%Reduced
EverSource Wealth Advisors, LLC65,201$2.31M0.07%+8,683+15.4%Added
RPS Advisory Solutions LLC66,713$2.36M1.34%−27,484−29.2%Reduced
CWM, LLC67,436$2.39M0.01%+1,485+2.3%Added
TCG Advisory Services, LLC68,148$2.42M0.06%+68,148New
Sumitomo Mitsui Trust Holdings, Inc.68,600$2.43M0.00%−4,300−5.9%Reduced
Apollon Wealth Management, LLC69,853$2.48M0.04%+2,197+3.2%Added
MML Investors Services, LLC70,118$2.48M0.01%+10,937+18.5%Added
Matrix Private Capital Group LLC70,408$2.50M1.20%+30,769+77.6%Added
Vise Technologies, Inc.76,798$2.54M0.05%00.0%Unchanged
City National Bank of Florida72,508$2.57M1.53%+14,706+25.4%Added
Sentinel Pension Advisors Inc73,420$2.60M0.38%+2,905+4.1%Added
Wakefield Asset Management LLLP74,522$2.64M0.70%−697−0.9%Reduced
Cerity Partners LLC74,332$2.64M0.00%−10,550−12.4%Reduced
Great Valley Advisor Group, Inc.74,925$2.66M0.05%−14,775−16.5%Reduced
HC Advisors, LLC75,529$2.68M1.79%+4,026+5.6%Added
Wealth Management Associates, Inc.76,351$2.71M0.93%−2,652−3.4%Reduced
North Star Investment Management Corp.76,409$2.71M0.16%00.0%Unchanged
Change Path, LLC78,197$2.77M0.06%−29,616−27.5%Reduced
Moors & Cabot, Inc.78,833$2.79M0.12%−2,682−3.3%Reduced
Freestone Capital Holdings, LLC79,916$2.83M0.09%+332+0.4%Added
Harbour Investments, Inc.80,732$2.86M0.04%+9,297+13.0%Added
Gateway Wealth Partners, LLC82,584$2.93M0.11%+61,124+284.8%Added
Montis Financial, LLC84,429$2.99M0.62%−1,907−2.2%Reduced
Guardian Wealth Advisors, LLC84,589$3.00M0.19%−8,614−9.2%Reduced
Guardian Partners Inc.85,261$3.02M0.25%+261+0.3%Added
Spirepoint Private Client, LLC87,150$3.09M0.29%+285+0.3%Added
A. D. Beadell Investment Counsel, Inc.87,283$3.09M1.97%−8,011−8.4%Reduced
Cypress Capital Management LLC (WY)87,555$3.10M2.87%+1,089+1.3%Added
GWM Advisors LLC87,620$3.11M0.01%−4,348−4.7%Reduced
M. Kulyk & Associates, LLC88,094$3.12M0.58%+88,094New
AE Wealth Management LLC88,641$3.14M0.02%+5,968+7.2%Added