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Sprott Physical Platinum & Palladium Trust

SPPP
Exchange
NYSE
Industry
Commodity Contracts Brokers & Dealers
SEC CIK
0001539190

No open-market purchases or sales by Sprott Physical Platinum & Palladium Trust insiders were filed in the last 90 days; 79 institutions reported holding it in 13F filings for Q2 2026, worth $142.0M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Sprott Physical Platinum & Palladium 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
69
+12 vs. Q3 2025
Shares held
11.4M
+6.53M (+134.0%) vs. Q3 2025
Total value
$192.4M
+$126.3M (+191.1%) vs. Q3 2025
New holders
20
24 more added
Sold out
8
9 more reduced

1 institution 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 SPPP 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: 69 institutions
Q1 2021: 36 institutionsQ2 2021: 35 institutionsQ3 2021: 38 institutionsQ4 2021: 38 institutionsQ1 2022: 43 institutionsQ2 2022: 49 institutionsQ3 2022: 46 institutionsQ4 2022: 49 institutionsQ1 2023: 52 institutionsQ2 2023: 46 institutionsQ3 2023: 46 institutionsQ4 2023: 48 institutionsQ1 2024: 42 institutionsQ2 2024: 45 institutionsQ3 2024: 46 institutionsQ4 2024: 57 institutionsQ1 2025: 56 institutionsQ2 2025: 67 institutionsQ3 2025: 58 institutionsQ4 2025: 69 institutionsQ1 2026: 79 institutionsQ2 2026: 79 institutions
Value heldQ4 2025: $192.4M
Q1 2021: $21.5MQ2 2021: $22.9MQ3 2021: $17.6MQ4 2021: $16.9MQ1 2022: $22.3MQ2 2022: $28.3MQ3 2022: $27.7MQ4 2022: $22.0MQ1 2023: $19.7MQ2 2023: $19.7MQ3 2023: $21.4MQ4 2023: $18.4MQ1 2024: $15.8MQ2 2024: $21.1MQ3 2024: $17.6MQ4 2024: $28.6MQ1 2025: $23.5MQ2 2025: $63.1MQ3 2025: $66.1MQ4 2025: $192.4MQ1 2026: $189.2MQ2 2026: $142.0M
Institutions holding SPPP and their total value by quarter
QuarterHoldersValue
Q2 202679$142.0M
Q1 202679$189.2M
Q4 202569$192.4M
Q3 202558$66.1M
Q2 202567$63.1M
Q1 202556$23.5M
Q4 202457$28.6M
Q3 202446$17.6M
Q2 202445$21.1M
Q1 202442$15.8M
Q4 202348$18.4M
Q3 202346$21.4M
Q2 202346$19.7M
Q1 202352$19.7M
Q4 202249$22.0M
Q3 202246$27.7M
Q2 202249$28.3M
Q1 202243$22.3M
Q4 202138$16.9M
Q3 202138$17.6M
Q2 202135$22.9M
Q1 202136$21.5M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Sprott Physical Platinum & Palladium Trust; share changes are against Q3 2025.

Institutions holding SPPP in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
IMC-Chicago, LLC2,198,806$37.0M0.65%+2,198,806New
Jane Street Group, LLC1,551,118$26.1M0.03%+1,551,118New
Morgan Stanley896,321$15.1M0.00%+528,059+143.4%Added
Royal Bank of Canada886,869$14.9M0.00%+309,907+53.7%Added
Fielder Capital Group LLC850,344$14.3M3.05%+45,009+5.6%Added
Hatch Cove Capital, LLC831,600$14.0M5.47%+831,600New
Nokomis Capital, L.L.C.682,500$11.5M3.20%+141,377+26.1%Added
Raymond James Financial Inc524,072$8.83M0.00%+11,519+2.2%Added
Pictet Asset Management Holding SA469,466$7.91M0.01%+136,964+41.2%Added
Cedrus Wealth Group LLC246,255$4.15M3.82%+246,255New
Envestnet Asset Management Inc178,719$3.01M0.00%+86,385+93.6%Added
Sprott Inc.163,117$2.75M0.10%+21,050+14.8%Added
Wolverine Asset Management LLC155,339$2.62M0.04%+155,339New
Resources Investment Advisors, LLC.149,011$2.51M0.02%+9,431+6.8%Added
LPL Financial LLC141,841$2.39M0.00%+48,739+52.4%Added
Kestra Advisory Services, LLC135,950$2.29M0.01%−28,250−17.2%Reduced
Stifel Financial Corp130,975$2.21M0.00%+31,266+31.4%Added
Cetera Investment Advisers112,612$1.90M0.00%+85,964+322.6%Added
Advisor Group Holdings, Inc.92,285$1.55M0.00%+3,820+4.3%Added
HighTower Advisors, LLC86,017$1.45M0.00%−9,122−9.6%Reduced
Beacon Pointe Advisors, LLC85,860$1.45M0.01%+7,145+9.1%Added
Bank of Montreal56,549$1.31M0.00%−8,075−12.5%Reduced
International Assets Investment Management, LLC72,092$1.21M0.08%+72,092New
Wakefield Asset Management LLLP64,476$1.09M0.29%+64,476New
Federation des caisses Desjardins du Quebec60,464$1.01M0.00%+38,412+174.2%Added
Private Advisor Group, LLC46,398$781.3K0.00%−34,378−42.6%Reduced
HC Advisors, LLC45,299$762.8K0.53%+5,651+14.3%Added
Stratos Wealth Partners, LTD.42,399$714.0K0.01%−33,994−44.5%Reduced
Cerity Partners LLC40,175$676.5K0.00%00.0%Unchanged
UBS Group AG33,286$560.5K0.00%−49,603−59.8%Reduced
XTX Topco Ltd30,884$520.1K0.01%+20,201+189.1%Added
Spears Abacus Advisors LLC30,000$505.2K0.01%00.0%Unchanged
Two Sigma Securities, LLC27,554$464.0K0.06%+11,736+74.2%Added
Bayshore Capital Advisors, LLC26,800$451.3K0.23%+26,800New
J.W. Cole Advisors, Inc.26,460$445.6K0.01%+26,460New
Wiley Bros.-Aintree Capital, LLC25,000$421.0K0.00%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.23,887$402.0K0.00%+2,658+12.5%Added
Tocqueville Asset Management L.P.23,000$387.3K0.01%00.0%Unchanged
Morling Financial Advisors, LLC19,000$320.0K0.10%00.0%Unchanged
Wealth Enhancement Advisory Services, LLC15,973$312.1K0.00%+5,542+53.1%Added
Pettinga Financial Advisors, LLC15,700$264.4K0.05%−3,871−19.8%Reduced
Wealthcare Advisory Partners LLC15,171$255.5K0.01%+989+7.0%Added
Commonwealth Equity Services, LLC14,588$245.7K0.00%−170−1.2%Reduced
Peak Retirement Planning, Inc.13,928$234.6K0.05%+13,928New
Prospera Financial Services Inc10,000$168.4K0.00%+10,000New
National Bank of Canada9,869$158.1K0.00%+9,232+1,449.3%Added
Strategic Investment Solutions, Inc.8,327$140.2K0.03%+8,327New
Islay Capital Management, LLC5,000$84.2K0.05%00.0%Unchanged
Steward Partners Investment Advisory, LLC4,550$76.6K0.00%+4,550New
Hollencrest Capital Management3,150$53.0K0.00%00.0%Unchanged
IFP Advisors, Inc3,000$50.5K0.00%00.0%Unchanged
GWM Advisors LLC2,765$46.6K0.00%+323+13.2%Added
CIBC Private Wealth Group, LLC2,693$45.4K0.00%+2,693New
Bank of America Corp2,250$37.9K0.00%+1,000+80.0%Added
AdvisorNet Financial, Inc2,160$36.4K0.00%+2,160New
Ancora Advisors, LLC2,000$33.7K0.00%00.0%Unchanged
HHM Wealth Advisors, LLC1,700$28.6K0.00%00.0%Unchanged
Caldwell Trust Co1,640$27.6K0.00%00.0%Unchanged
Uniplan Investment Counsel, Inc.1,567$26.4K0.00%−606−27.9%Reduced
TD Waterhouse Canada Inc.1,075$18.1K0.00%00.0%Unchanged
Twin Lakes Capital Management, LLC1,000$16.8K0.01%00.0%Unchanged
The PNC Financial Services Group, Inc.850$14.3K0.00%+850New
Laurel Wealth Advisors LLC600$10.1K0.00%+600New
Global Retirement Partners, LLC375$6.32K0.00%+375New
Geneos Wealth Management Inc.300$5.05K0.00%00.0%Unchanged
Innovative Advisory Group, LLC250$4.21K0.00%00.0%Unchanged
Parkside Financial Bank & Trust200$3.37K0.00%00.0%Unchanged
Creative Financial Designs Inc70$1.18K0.00%+70New
MAI Capital Management22$3710.00%+22New
Synergy Financial Management, LLC0$00.00%−32,890−100.0%Sold out
Citadel Advisors LLC0$00.00%−20,632−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−15,748−100.0%Sold out
Main Street Group, LTD0$00.00%−8,084−100.0%Sold out
Advisory Services Network, LLC0$00.00%−2,800−100.0%Sold out
Ronald Blue Trust, Inc.0$00.00%−45−100.0%Sold out
Solstein Capital, LLC0$00.00%−31−100.0%Sold out
JPMorgan Chase & Co0$00.00%−9−100.0%Sold out
Creekmur Asset Management LLC––––Not filed