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

Institutional Holders (2015Q1)
Portfolio Summary: 118 Institutional holders with a total value of $202,378,415.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Pekin Hardy Strauss, Inc. 2,687,859 26,287,000 12.99%
2 MORGAN STANLEY 2,318,720 22,676,000 11.20%
3 Polar Asset Management Partners Inc. 1,798,267 17,587,000 8.69%
4 SPROTT INC. 1,731,354 16,933,000 8.37%
5 Commonwealth Equity Services, Inc 1,066,468 10,430,000 5.15%
6 LPL Financial LLC 755,591 7,511,000 3.71%
7 PORTOLA GROUP INC /CA 741,414 7,251,000 3.58%
8 Bluefin Trading, LLC 460,526 4,504,000 2.23%
9 TOCQUEVILLE ASSET MANAGEMENT L.P. 444,370 4,346,000 2.15%
10 Citizens Business Bank 432,979 4,234,000 2.09%
11 ROYAL BANK OF CANADA 432,292 4,228,000 2.09%
12 CREDIT SUISSE AG/ 383,435 3,750,000 1.85%
13 Virtu Financial LLC 375,560 3,673,000 1.81%
14 Beaumont Financial Partners, LLC 333,080 3,258,000 1.61%
15 Anson Funds Management LP 310,000 3,032,000 1.50%
16 BAILARD, INC. 306,380 2,996,000 1.48%
17 Cetera Advisor Networks LLC 304,263 2,976,000 1.47%
18 LADENBURG THALMANN FINANCIAL SERVICES INC. 293,470 2,871,000 1.42%
19 LAU ASSOCIATES LLC 292,755 2,863,000 1.41%
20 BENNICAS & ASSOCIATES, INC. 257,402 2,517,000 1.24%
21 Filament LLC 255,598 2,500,000 1.24%
22 RAYMOND JAMES & ASSOCIATES 255,630 2,500,000 1.24%
23 Private Advisor Group, LLC 217,433 2,126,000 1.05%
24 HighTower Advisors, LLC 177,968 1,739,000 0.86%
25 WFG Advisors, LP 173,045 1,692,000 0.84%
26 JANUS HENDERSON GROUP PLC 171,658 1,679,000 0.83%
27 Virtu KCG Holdings LLC 169,655 1,659,000 0.82%
28 MUFG Americas Holdings Corp 159,140 1,556,000 0.77%
29 Baker Avenue Asset Management, LP 149,575 1,463,000 0.72%
30 Quantum Capital Management, LLC / NJ 138,524 1,355,000 0.67%
31 St. James Investment Company, LLC 137,793 1,348,000 0.67%
32 AMERICAN CENTURY COMPANIES INC 127,042 1,242,000 0.61%
33 WELLS FARGO & COMPANY/MN 125,655 1,229,000 0.61%
34 Hudock, Inc. 125,494 1,227,000 0.61%
35 Sigma Planning Corp 110,178 1,078,000 0.53%
36 STIFEL FINANCIAL CORP 103,734 1,015,000 0.50%
37 BANK OF AMERICA CORP /DE/ 101,168 990,000 0.49%
38 Robert W. Baird & Co. Inc 87,750 858,000 0.42%
39 UBS Group AG 86,975 851,000 0.42%
40 FRONTIER INVESTMENT MGMT CO 86,457 846,000 0.42%
41 MSI Financial Services Inc 81,155 794,000 0.39%
42 ACCOUNT MANAGEMENT LLC 79,250 775,065 0.38%
43 Bank of New York Mellon Corp 77,920 762,000 0.38%
44 D.A. DAVIDSON & CO. 77,729 760,000 0.38%
45 Benchmark Capital Advisors 75,150 735,000 0.36%
46 JPMORGAN CHASE & CO 73,669 720,000 0.36%
47 Seamans Capital Management, LLC 66,840 654,000 0.32%
48 CITY NATIONAL BANK 65,460 640,000 0.32%
49 FIRST MANHATTAN CO. LLC. 60,000 586,000 0.29%
50 JANE STREET GROUP, LLC 54,410 532,000 0.26%
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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.