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SPROTT PHYSICAL GOLD TRUST UNIT
SPROTT PHYSICAL GOLD TRUST UNIT. Institutional holdings reported to the SEC.

Institutional Holders (2014Q2)
Portfolio Summary: 123 Institutional holders with a total value of $286,033,456.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 2,786,898 30,685,000 10.73%
2 Pekin Hardy Strauss, Inc. 2,520,215 27,748,000 9.70%
3 Polar Asset Management Partners Inc. 2,478,168 27,285,000 9.54%
4 SPROTT INC. 2,303,943 25,366,000 8.87%
5 EVERGREEN CAPITAL MANAGEMENT LLC 1,210,492 13,328,000 4.66%
6 Commonwealth Equity Services, Inc 1,010,819 11,129,000 3.89%
7 ROYAL BANK OF CANADA 929,237 10,231,000 3.58%
8 PORTOLA GROUP INC /CA 883,264 9,725,000 3.40%
9 Bluefin Trading, LLC 798,383 8,800,000 3.08%
10 LPL Financial LLC 778,872 8,575,000 3.00%
11 Virtu Financial LLC 683,310 7,523,000 2.63%
12 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 478,896 5,273,000 1.84%
13 Beaumont Financial Partners, LLC 455,879 5,019,000 1.75%
14 HighTower Advisors, LLC 449,484 4,943,000 1.73%
15 Citizens Business Bank 432,786 4,765,000 1.67%
16 LAU ASSOCIATES LLC 417,570 4,597,000 1.61%
17 OTA LLC 412,797 4,544,000 1.59%
18 CREDIT SUISSE AG/ 354,455 3,903,000 1.36%
19 RAYMOND JAMES & ASSOCIATES 316,674 3,487,000 1.22%
20 Paloma Partners Management Co 275,000 3,028,000 1.06%
21 BAILARD, INC. 270,375 2,977,000 1.04%
22 Cetera Advisor Networks LLC 270,013 2,969,000 1.04%
23 LADENBURG THALMANN FINANCIAL SERVICES INC. 269,102 2,963,000 1.04%
24 WFG Advisors, LP 260,884 2,872,000 1.00%
25 BENNICAS & ASSOCIATES, INC. 237,852 2,619,000 0.92%
26 DIALECTIC CAPITAL MANAGEMENT, LP 210,000 2,311,000 0.81%
27 Private Advisor Group, LLC 205,046 2,258,000 0.79%
28 AMERICAN CENTURY COMPANIES INC 198,567 2,186,000 0.76%
29 Filament LLC 192,967 2,125,000 0.74%
30 JANUS HENDERSON GROUP PLC 171,658 1,890,000 0.66%
31 Baker Avenue Asset Management, LP 149,320 1,644,000 0.57%
32 JPMORGAN CHASE & CO 141,908 1,563,000 0.55%
33 Quantum Capital Management, LLC / NJ 141,616 1,559,000 0.55%
34 MUFG Americas Holdings Corp 126,778 1,396,000 0.49%
35 Hudock, Inc. 125,494 1,382,000 0.48%
36 BB&T SECURITIES, LLC 11,847 1,304,000 0.46%
37 BENJAMIN F. EDWARDS & COMPANY, INC. 115,166 1,268,000 0.44%
38 Bank of New York Mellon Corp 113,935 1,255,000 0.44%
39 WELLS FARGO & COMPANY/MN 112,833 1,243,000 0.43%
40 FRONTIER INVESTMENT MGMT CO 98,476 1,084,000 0.38%
41 BANK OF AMERICA CORP /DE/ 83,896 923,000 0.32%
42 OPPENHEIMER & CO INC 81,700 900,000 0.31%
43 COHEN & STEERS, INC. 80,300 884,000 0.31%
44 ACCOUNT MANAGEMENT LLC 79,250 872,543 0.31%
45 Benchmark Capital Advisors 77,850 856,000 0.30%
46 Seamans Capital Management, LLC 75,840 835,000 0.29%
47 CITY NATIONAL BANK 73,625 811,000 0.28%
48 Robert W. Baird & Co. Inc 72,340 796,000 0.28%
49 Neuberger Berman Group LLC 70,400 775,000 0.27%
50 DEUTSCHE BANK AG\ 70,396 774,000 0.27%
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From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.