Sprott Physical GoldPHYS
About: Sprott Physical Gold Trust is a closed-end mutual fund trust. The company provides a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience associated with direct investment in physical gold bullion. The company invests mainly in long-term holdings of unencumbered, fully allocated, physical gold bullion and does not and will not speculate about short-term changes in gold prices.
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
133% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 24
8% more funds holding
Funds holding: 422 [Q2] → 454 (+32) [Q3]
7% more funds holding in top 10
Funds holding in top 10: 28 [Q2] → 30 (+2) [Q3]
6% more capital invested
Capital invested by funds: $2.21B [Q2] → $2.33B (+$128M) [Q3]
7% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 119
1.62% less ownership
Funds ownership: 30.69% [Q2] → 29.07% (-1.62%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for PHYS.
Financial journalist opinion
Based on 3 articles about PHYS published over the past 30 days