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SPROTT PHYSICAL GOLD TRUST
SPROTT PHYSICAL GOLD TRUST. 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
101 LADENBURG THALMANN FINANCIAL SERVICES INC. 269,102 2,963,000 1.04%
102 Cetera Advisor Networks LLC 270,013 2,969,000 1.04%
103 BAILARD, INC. 270,375 2,977,000 1.04%
104 Paloma Partners Management Co 275,000 3,028,000 1.06%
105 RAYMOND JAMES & ASSOCIATES 316,674 3,487,000 1.22%
106 CREDIT SUISSE AG/ 354,455 3,903,000 1.36%
107 OTA LLC 412,797 4,544,000 1.59%
108 LAU ASSOCIATES LLC 417,570 4,597,000 1.61%
109 Citizens Business Bank 432,786 4,765,000 1.67%
110 HighTower Advisors, LLC 449,484 4,943,000 1.73%
111 Beaumont Financial Partners, LLC 455,879 5,019,000 1.75%
112 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 478,896 5,273,000 1.84%
113 Virtu Financial LLC 683,310 7,523,000 2.63%
114 LPL Financial LLC 778,872 8,575,000 3.00%
115 Bluefin Trading, LLC 798,383 8,800,000 3.08%
116 PORTOLA GROUP INC /CA 883,264 9,725,000 3.40%
117 ROYAL BANK OF CANADA 929,237 10,231,000 3.58%
118 Commonwealth Equity Services, Inc 1,010,819 11,129,000 3.89%
119 EVERGREEN CAPITAL MANAGEMENT LLC 1,210,492 13,328,000 4.66%
120 SPROTT INC. 2,303,943 25,366,000 8.87%
121 Polar Asset Management Partners Inc. 2,478,168 27,285,000 9.54%
122 Pekin Hardy Strauss, Inc. 2,520,215 27,748,000 9.70%
123 MORGAN STANLEY 2,786,898 30,685,000 10.73%
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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.