Sprott Physical Gold and SilCEF
13F holders, Q4 2025 (December 31)444holders +41
50new positions
25sold out
1famous investor
$45.90avg. 13F price*
At the end of Q4 2025, 444 institutions reported holding Sprott Physical Gold and Sil (CEF) in their 13F filings, up 41 from Q3 2025. 50 opened new positions and 25 sold out. The largest holders were CENTRAL TRUST Co ($338.5M), Morgan Stanley ($257.7M) and Bleakley Financial Group, LLC ($222.2M). One famous investor held it Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Sprott Physical Gold and Sil
- CUSIP
- 85208R101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 50 | $45.3M |
| Exits | 25 | $25.6M |
All 13F filers, Q3 2025 → Q4 2025: 2,810,528 shares bought and 3,618,983 shares sold, net −808,455 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 444 holders
| CENTRAL TRUST Co | 6.63% | Reduce -5.5% | 7,391,451 | $338.5M |
| Morgan Stanley | 0.02% | Add +9.8% | 5,627,038 | $257.7M |
| Bleakley Financial Group, LLC | 3.86% | Reduce -7.0% | 4,851,346 | $222.2M |
| Royal Bank of Canada | 0.03% | Reduce -3.8% | 3,732,106 | $170.9M |
| Jupiter Asset Management Ltd. | 1.32% | Add +1.5% | 3,604,249 | $164.8M |
| Baird Financial Group, Inc. | 0.09% | Reduce -7.4% | 1,279,380 | $58.6M |
| Managed Asset Portfolios, LLC | 6.15% | Reduce -2.4% | 1,112,116 | $50.9M |
| Raymond James Financial Inc. | 0.02% | Reduce -4.7% | 1,076,432 | $49.3M |
| LPL Financial LLC | 0.01% | Add +2.4% | 934,345 | $42.8M |
| Evelyn Partners Investment Management LLP | 1.03% | Add +6.5% | 811,531 | $37.2M |
| Cheviot Value Management, LLC | 3.64% | Reduce -13.8% | 626,340 | $37.0M |
| Wells Fargo & Company | 0.01% | Reduce -1.1% | 782,789 | $35.9M |
| Sprott Inc. | 1.15% | Add +5.4% | 699,916 | $32.1M |
| Bank of America Corp. | 0.00% | Reduce -2.3% | 677,310 | $31.0M |
| Ameriprise Financial Inc. | 0.01% | Reduce -16.4% | 629,857 | $28.8M |
| Cibc World Market Inc. | 0.05% | Reduce -1.0% | 625,923 | $28.7M |
| Cohen & Steers, Inc. | 0.05% | Add +3.5% | 598,497 | $27.4M |
| Beaumont Financial Advisors, LLC | 1.77% | Add +0.3% | 586,803 | $26.9M |
| 3EDGE Asset Management, LP | 1.36% | New | 556,287 | $26.3M |
| JPMorgan Chase & Co. | 0.00% | Reduce -1.4% | 521,489 | $23.9M |
| Cannell & Spears LLC | 0.42% | No change | 483,025 | $22.1M |
| Cambridge Investment Research Advisors, Inc. | 0.06% | Reduce -3.0% | 466,953 | $21.4M |
| Osaic Holdings, Inc. | 0.03% | Add +5.2% | 456,966 | $20.9M |
| Pekin Hardy Strauss, Inc. | 1.90% | Reduce -2.2% | 447,769 | $20.5M |
| Evergreen Capital Management LLC | 0.45% | Reduce -0.5% | 440,169 | $20.2M |
| National Bank of Canada | 0.02% | Reduce -13.4% | 409,890 | $18.5M |
| Tiaa Trust, National Association | 0.04% | Add +0.1% | 400,550 | $18.3M |
| Matauro, LLC | 2.75% | Add +2.7% | 399,066 | $18.3M |
| Inlight Wealth Management, LLC | 6.69% | Reduce -0.7% | 398,877 | $18.3M |
| Neuberger Berman Group LLC | 0.01% | Reduce -2.7% | 381,773 | $17.5M |
| Cetera Investment Advisers | 0.02% | Reduce -10.5% | 371,611 | $17.0M |
| PYA Waltman Capital, LLC | 4.42% | Reduce -25.5% | 359,334 | $16.5M |
| Hollencrest Capital Management | 0.56% | No change | 356,183 | $16.3M |
| Shufro Rose & Co. LLC | 1.10% | Add +0.1% | 352,806 | $16.2M |
| New Harbor Financial Group, LLC | 2.90% | Reduce -1.8% | 345,711 | $15.8M |
| PFG Investments, LLC | 0.71% | Reduce -3.4% | 330,265 | $15.1M |
| Commonwealth Equity Services, LLC | 0.02% | Add +5.7% | 314,803 | $14.4M |
| Wealth Enhancement Advisory Services, LLC | 0.02% | Add +0.5% | 262,792 | $13.0M |
| Thrivent Financial for Lutherans | 0.02% | Add +44.9% | 278,466 | $13.0M |
| Federation des caisses Desjardins du Quebec | 0.05% | Reduce -5.2% | 276,761 | $12.6M |
| Private Advisor Group, LLC | 0.06% | Add +205.2% | 272,148 | $12.5M |
| Northwestern Mutual Wealth Management Co. | 0.01% | Add +64.2% | 259,040 | $11.9M |
| NewEdge Wealth, LLC | 0.13% | No change | 253,922 | $11.6M |
| Sapient Capital LLC | 0.16% | No change | 237,789 | $11.2M |
| Arkadios Wealth Advisors | 0.22% | Add +1.8% | 240,931 | $11.0M |
| Pacific Sage Partners, LLC | 1.74% | Reduce -11.4% | 239,587 | $11.0M |
| Gem Investment Advisors, LLC | 10.21% | — | 235,091 | $10.8M |
| IFP Advisors, Inc | 0.24% | Add +18.2% | 234,680 | $10.7M |
| Cadence Wealth Management LLC | 5.18% | Reduce -11.7% | 234,513 | $10.7M |
| Brookstone Capital Management | 0.12% | Add +2.2% | 229,280 | $10.5M |
| TrustWell Financial Advisors, LLC | 10.12% | — | 228,448 | $10.5M |
| Intrepid Capital Management Inc. | 4.86% | Reduce -2.5% | 220,068 | $10.1M |
| Kestra Advisory Services, LLC | 0.04% | Reduce -4.8% | 210,343 | $9.6M |
| Concurrent Investment Advisors, LLC | 0.11% | Add +79.9% | 204,833 | $9.4M |
| Jones Financial Companies LLLP | 0.01% | Add +45.5% | 204,427 | $9.4M |
| Stifel Financial Corp. | 0.01% | Add +0.9% | 198,043 | $9.1M |
| Evelyn Partners Investment Management Services Ltd | 1.11% | Add +4.2% | 193,487 | $8.9M |
| Euro Pacific Asset Management, LLC | 0.95% | Reduce -4.4% | 285,326 | $8.6M |
| Flagship Harbor Advisors, LLC | 0.39% | Reduce -1.3% | 181,263 | $8.3M |
| Janney Montgomery Scott LLC | 0.02% | Add +3.0% | 174,083 | $8.0M |
| Susquehanna International Group, LLP | 0.01% | Add +39.6% | 171,779 | $7.9M |
| TD Waterhouse Canada Inc. | 0.05% | Add +17.5% | 169,009 | $7.7M |
| Level Four Advisory Services, LLC | 0.24% | Reduce -4.9% | 162,194 | $7.4M |
| Captrust Financial Advisors | 0.01% | Add +9.8% | 161,013 | $7.4M |
| Mutual Advisors, LLC | 0.16% | Add +64.6% | 159,901 | $7.3M |
| Chicago Capital, LLC | 0.18% | No change | 155,365 | $7.1M |
| Sbe LLC Dba Cedar Cove Wealth Partners | 3.61% | — | 150,762 | $6.9M |
| &partners | 0.03% | Reduce -0.1% | 133,889 | $6.1M |
| Roberts Glore & Co. Inc. | 1.62% | Reduce -2.9% | 132,940 | $6.1M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -24.2% | 130,102 | $6.0M |
| Nations Financial Group Inc, /Ia/ | 0.31% | Add +2.4% | 129,030 | $5.9M |
| Oppenheimer & Co. Inc. | 0.08% | Add +0.5% | 126,331 | $5.8M |
| Mariner, LLC | 0.01% | Add +3.8% | 126,314 | $5.8M |
| HighTower Advisors, LLC | 0.01% | Reduce -7.0% | 126,218 | $5.8M |
| Marathon Capital Management | 1.24% | Reduce -0.9% | 125,100 | $5.7M |
| MML Investors Services, LLC | 0.01% | Add +6.4% | 122,677 | $5.6M |
| Beacon Pointe Advisors, LLC | 0.04% | Reduce -11.6% | 121,912 | $5.6M |
| Focus Partners Wealth | 0.01% | Add +930.1% | 113,728 | $5.2M |
| Steel Grove Capital Advisors, LLC | 0.53% | Add +0.3% | 111,100 | $5.1M |
| Fore Capital, LLC | 12.39% | No change | 110,000 | $5.0M |
| AE Wealth Management LLC | 0.03% | Add +28.9% | 109,730 | $5.0M |
| Delta Investment Management, LLC | 0.86% | Add +1.6% | 107,800 | $4.9M |
| Financial Planning Navigators CORP | 2.26% | — | 107,587 | $4.9M |
| Ancora Advisors LLC | 0.10% | Add +5.6% | 103,694 | $4.7M |
| Robertson Stephens Wealth Management, LLC | 0.13% | No change | 100,166 | $4.6M |
| Chase Investment Counsel Corp. | 1.27% | Reduce -1.4% | 99,476 | $4.6M |
| Rothschild Wealth LLC | 0.41% | New | 92,600 | $4.2M |
| Steward Partners Investment Advisory, LLC | 0.02% | Reduce -0.4% | 90,890 | $4.2M |
| Choreo, LLC | 0.05% | Reduce -0.6% | 86,438 | $4.1M |
| GWN Securities Inc. | 0.82% | No change | 88,794 | $4.1M |
| Columbia Advisory Partners LLC | 2.66% | Reduce -7.6% | 85,325 | $3.9M |
| Bank of Montreal | 0.00% | Reduce -4.6% | 84,076 | $3.9M |
| Demars Financial Group, LLC | 1.21% | Reduce -4.3% | 78,665 | $3.6M |
| Peak Financial Management, Inc. | 0.91% | Reduce -0.8% | 76,709 | $3.5M |
| J.W. Cole Advisors, Inc. | 0.08% | Add +3.5% | 75,929 | $3.5M |
| St. James Investment Company, LLC | 0.55% | Reduce -1.1% | 75,436 | $3.5M |
| IPG Investment Advisors LLC | 0.58% | Add +5.2% | 72,115 | $3.3M |
| Asset One Wealth Management LLC | 0.44% | — | 67,158 | $3.2M |
| Inspirion Wealth Advisors, LLC | 0.38% | Add +21.3% | 67,819 | $3.1M |
| Brown Advisory Inc. | 0.00% | Reduce -8.8% | 67,647 | $3.1M |
| Ieq Capital, LLC | 0.01% | Reduce -0.4% | 67,556 | $3.1M |
| Equitable Holdings, Inc. | 0.02% | Add +9.7% | 66,371 | $3.0M |
| Philadelphia Trust Co. | 0.20% | Reduce -8.6% | 63,443 | $2.9M |
| International Assets Investment Management, LLC | 0.20% | Add +39.6% | 63,221 | $2.9M |
| Atlatl Advisers LLC | 1.09% | Add +0.0% | 62,274 | $2.9M |
| Spire Wealth Management | 0.10% | Reduce -30.9% | 61,927 | $2.8M |
| Corient Private Wealth LP | 0.00% | Reduce -0.0% | 61,524 | $2.8M |
| First Manhattan Co. Llc. | 0.01% | Add +6.9% | 61,419 | $2.8M |
| CGN Advisors LLC | 0.22% | No change | 60,561 | $2.8M |
| Sonoma Private Wealth LLC | 3.34% | Add +5.2% | 60,447 | $2.8M |
| Kestra Private Wealth Services, LLC | 0.03% | Reduce -1.1% | 58,779 | $2.7M |
| Lodestar Private Asset Management LLC | 0.26% | Reduce -1.4% | 56,755 | $2.6M |
| Nalls Sherbakoff Group, LLC | 1.85% | Add +8.7% | 55,961 | $2.6M |
| Allworth Financial LP | 0.01% | Add +24.9% | 54,777 | $2.5M |
| Twin Focus Capital Partners, LLC | 0.28% | No change | 53,845 | $2.5M |
| Mercer Global Advisors Inc. | 0.00% | Add +3.8% | 53,665 | $2.5M |
| Hunter Perkins Capital Management, LLC | 0.57% | Reduce -8.2% | 53,490 | $2.5M |
| Titiun Yejiel | 2.82% | — | 50,000 | $2.3M |
| Wilmar Advisors LLC | 1.79% | Reduce -28.6% | 50,000 | $2.3M |
| Main Street Financial Solutions, LLC | 0.17% | Reduce -4.7% | 49,234 | $2.3M |
| Creative Planning | 0.00% | Add +1.2% | 48,020 | $2.2M |
| Sunbeam Capital Management, LLC | 1.28% | No change | 47,152 | $2.2M |
| Argent Trust Co | 0.07% | Reduce -18.1% | 47,004 | $2.2M |
| Flputnam Investment Management Co. | 0.03% | Reduce -0.4% | 45,383 | $2.1M |
| Cornerstone Wealth Management, LLC | 0.11% | Reduce -0.7% | 45,285 | $2.1M |
| Geneos Wealth Management Inc. | 0.05% | Reduce -2.4% | 45,151 | $2.1M |
| CIBC Private Wealth Group LLC | 0.00% | Add +34.2% | 44,378 | $2.0M |
| BOS Asset Management, LLC | 0.55% | Reduce -7.8% | 44,319 | $2.0M |
| US Bancorp \de | 0.00% | Add +35.5% | 42,132 | $1.9M |
| Wealthcare Advisory Partners LLC | 0.04% | Reduce -35.3% | 41,752 | $1.9M |
| Citadel Advisors | 0.00% | New | 40,402 | $1.9M |
| Truist Financial Corp. | 0.00% | Add +3.7% | 39,644 | $1.8M |
| Belpointe Asset Management LLC | 0.06% | Reduce -12.3% | 39,110 | $1.8M |
| Andina Capital Management, LLC | 1.05% | Reduce -12.4% | 37,798 | $1.7M |
| MAI Capital Management | 0.01% | Add +8.7% | 37,320 | $1.7M |
| HBW Advisory Services LLC | 0.18% | Add +62.7% | 36,173 | $1.7M |
| PNC Financial Services Group, Inc. | 0.00% | No change | 35,767 | $1.6M |
| Waddell & Associates, LLC | 0.11% | Reduce -18.1% | 35,146 | $1.6M |
| Camelot Technology Advisors, Inc. | 1.19% | Add +50.5% | 34,479 | $1.6M |
| Transcend Capital Advisors, LLC | 0.12% | Add +13.3% | 34,380 | $1.6M |
| Prospera Financial Services Inc | 0.03% | Reduce -1.3% | 33,229 | $1.5M |
| Cardiff Park Advisors, LLC | 0.12% | No change | 32,980 | $1.5M |
| Jaffetilchin Investment Partners, LLC | 0.09% | Reduce -1.0% | 32,133 | $1.5M |
| Dakota Wealth Management | 0.02% | Add +37.6% | 30,255 | $1.4M |
| Scotia Capital Inc. | 0.01% | Add +1.3% | 30,742 | $1.4M |
| CIBC Asset Management Inc | 0.00% | No change | 30,000 | $1.4M |
| Rockport Wealth LLC | 0.27% | Add +2.2% | 29,802 | $1.4M |
| SouthState Bank Corp | 0.06% | No change | 29,576 | $1.4M |
| Franklin Resources Inc. | 0.00% | Reduce -14.4% | 29,356 | $1.3M |
| Petra Financial Advisors Inc. | 0.79% | Add +2.6% | 29,277 | $1.3M |
| Advisory Services Network, LLC | 0.02% | Add +11.7% | 28,862 | $1.3M |
| Highland Capital Management, LLC | 0.07% | Reduce -7.8% | 28,528 | $1.3M |
| Alchemi Wealth, LLC | 0.71% | — | 28,505 | $1.3M |
| Montis Financial, LLC | 0.25% | Reduce -0.8% | 28,080 | $1.3M |
| Tradition Wealth Management, LLC | 0.09% | Add +12.0% | 28,078 | $1.3M |
| IHT Wealth Management, LLC | 0.03% | No change | 27,688 | $1.3M |
| Simplicity Wealth,LLC | 0.08% | Add +16.7% | 27,563 | $1.3M |
| Valeo Financial Advisors, LLC | 0.03% | Reduce -2.7% | 27,483 | $1.3M |
| Blue Trust, Inc. | 0.01% | Reduce -1.4% | 27,432 | $1.3M |
| Merit Financial Group, LLC | 0.01% | Reduce -15.9% | 26,707 | $1.2M |
| StoneX Group Inc. | 0.05% | Add +2.2% | 26,012 | $1.2M |
| Summit Financial, LLC | 0.02% | Reduce -7.8% | 25,985 | $1.2M |
| Summit Global Investments | 0.07% | Add +0.2% | 25,794 | $1.2M |
| Quilter Plc | 0.02% | Reduce -28.1% | 25,598 | $1.2M |
| XTX Topco Ltd | 0.03% | Reduce -62.9% | 25,554 | $1.2M |
| EverSource Wealth Advisors, LLC | 0.04% | Reduce -16.9% | 25,274 | $1.2M |
| Oppenheimer & Close, LLC | 0.79% | Reduce -1.3% | 25,160 | $1.2M |
| Welch & Forbes LLC | 0.01% | Reduce -26.2% | 25,100 | $1.1M |
| Stenham Asset Management Ltd | 0.57% | No change | 25,000 | $1.1M |
| Toronto Dominion Bank | 0.00% | No change | 25,000 | $1.1M |
| Philip James Wealth Mangement, LLC | 0.13% | Reduce -23.4% | 23,035 | $1.1M |
| WealthTrust Axiom LLC | 0.27% | No change | 22,773 | $1.0M |
| Nadler Financial Group, Inc. | 0.10% | No change | 22,305 | $1.0M |
| Continuum Advisory, LLC | 0.10% | No change | 22,300 | $1.0M |
| Cresset Asset Management, LLC | 0.00% | Add +17.2% | 21,810 | $999K |
| Astoria Portfolio Advisors LLC. | 0.22% | Add +25.9% | 17,559 | $967K |
| Marks Group Wealth Management, Inc | 0.09% | No change | 21,065 | $965K |
| Accordant Advisory Group Inc | 0.66% | Add +1.5% | 20,766 | $951K |
| Financial Sense Advisors, Inc. | 0.20% | Reduce -58.9% | 20,636 | $945K |
| Hilton Head Capital Partners, LLC | 0.55% | — | 20,530 | $940K |
| BLB&B Advisors, LLC | 0.04% | No change | 20,000 | $916K |
| Hardin Capital Partners, LLC | 0.43% | Reduce -9.8% | 19,989 | $915K |
| Regal Investment Advisors LLC | 0.05% | New | 19,946 | $914K |
| Commerce Bank | 0.01% | Add +39.0% | 19,659 | $900K |
| Harbour Investments, Inc. | 0.02% | Reduce -18.2% | 19,631 | $899K |
| Blue Line Capital, LLC / IL | 1.06% | — | 19,494 | $893K |
| Cerity Partners LLC | 0.00% | Add +7.7% | 18,979 | $869K |
| Clearstead Advisors, LLC | 0.01% | No change | 18,005 | $825K |
| Coastline Trust Co | 0.08% | Add +110.9% | 17,648 | $808K |
| Bank of New York Mellon Corp | 0.00% | Add +33.4% | 17,583 | $805K |
| 4WEALTH Advisors, Inc. | 0.68% | Add +38.6% | 17,050 | $781K |
| waypoint wealth counsel | 0.29% | Add +3.1% | 17,000 | $779K |
| Old Port Advisors | 0.19% | Reduce -0.2% | 16,903 | $774K |
| Moors & Cabot, Inc. | 0.03% | Reduce -1.4% | 16,903 | $774K |
| Almanack Investment Partners, LLC. | 0.13% | Reduce -3.0% | 16,726 | $766K |
| Sandy Cove Advisors, LLC | 0.23% | Reduce -21.3% | 16,600 | $760K |
| Centaurus Financial, Inc. | 0.03% | Add +25.5% | 16,479 | $755K |
| Rehmann Capital Advisory Group | 0.04% | No change | 16,400 | $751K |
| WealthBridge Capital Management, LLC | 0.17% | No change | 16,358 | $749K |
| Kellett Wealth Advisors, LLC | 0.43% | Add +23.6% | 16,252 | $744K |
| Total Wealth Planning & Management, Inc. | 0.59% | — | 16,213 | $743K |
| Stonehage Fleming Financial Services Holdings Ltd | 0.02% | No change | 15,572 | $713K |
| Founders Grove Wealth Partners, LLC | 0.16% | New | 15,357 | $703K |
| Midwest Financial Group LLC | 0.31% | Add +6.9% | 15,258 | $699K |
| Independent Family Office, LLC | 0.29% | No change | 15,140 | $693K |
| Veracity Capital LLC | 0.20% | Reduce -29.3% | 15,059 | $690K |
| Summit Trail Advisors, LLC | 0.01% | No change | 15,000 | $687K |
| BCS Wealth Management | 0.07% | Add +101.8% | 14,988 | $686K |
| Oxbow Advisors, LLC | 0.06% | No change | 14,306 | $655K |
| MRP Capital Investments, LLC | 0.55% | Reduce -1.1% | 14,275 | $654K |
| Schaper Benz & Wise Investment Counsel Inc. | 0.05% | Add +51.5% | 14,125 | $647K |
| Mb, Levis & Associates, LLC | 0.26% | No change | 13,667 | $626K |
| Daytona Street Capital LLC | 0.49% | — | 13,666 | $626K |
| Madden Advisory Services, Inc. | 0.25% | Reduce -8.4% | 13,611 | $623K |
| Benjamin Edwards Inc. | 0.01% | New | 13,500 | $618K |
| Ketron Financial | 0.20% | — | 13,407 | $614K |
| CLG LLC | 0.15% | No change | 13,395 | $614K |
| Tiemann Investment Advisors, LLC | 0.24% | No change | 13,310 | $610K |
| MBL Wealth, LLC | 0.05% | Reduce -1.1% | 13,155 | $602K |
| Apollon Wealth Management, LLC | 0.01% | Reduce -5.0% | 13,123 | $601K |
| North Forty Two & Co. | 0.57% | Add +4.8% | 13,100 | $600K |
| Park Avenue Securities LLC | 0.01% | Reduce -12.7% | 13,004 | $596K |
| Verity Asset Management, Inc. | 0.26% | New | 12,978 | $594K |
| Beese Fulmer Investment Management, Inc. | 0.04% | Add +1.5% | 12,871 | $589K |
| Cwm, LLC | 0.00% | Reduce -29.6% | 12,834 | $588K |
| CHICAGO TRUST Co NA | 0.09% | No change | 12,775 | $585K |
| EP Wealth Advisors, LLC | 0.00% | — | 12,724 | $583K |
| Brookwood Investment Group LLC | 0.07% | New | 12,548 | $575K |
| Mraz, Amerine & Associates, Inc. | 0.08% | No change | 12,291 | $563K |
| Atticus Wealth Management, LLC | 0.14% | Add +53.5% | 12,190 | $558K |
| Graney & King, LLC | 0.32% | No change | 12,073 | $553K |
| Boston Family Office LLC | 0.04% | No change | 12,056 | $552K |
| Chilton Capital Management LLC | 0.02% | No change | 12,000 | $550K |
| Latitude Advisors, LLC | 0.24% | No change | 11,966 | $548K |
| O'shaughnessy Asset Management, LLC | 0.00% | New | 11,686 | $535K |
| Midwest Trust Co | 0.01% | Reduce -2.6% | 11,685 | $535K |
| Mission Wealth Management, LP | 0.01% | Reduce -0.9% | 11,450 | $524K |
| M&T Bank Corp | 0.00% | No change | 11,286 | $517K |
| Crown Wealth Group, LLC | 0.14% | Add +3.2% | 11,278 | $517K |
| YHB Investment Advisors, Inc. | 0.04% | No change | 11,105 | $509K |
| Cannon Financial Strategists, Inc. | 0.07% | No change | 11,000 | $504K |
| D.A. Davidson & Co. | 0.00% | Add +2.8% | 10,975 | $503K |
| Rockefeller Capital Management L.P. | 0.00% | Add +2.4% | 10,895 | $499K |
| Stansberry Asset Management, LLC | 0.05% | Reduce -2.3% | 10,874 | $498K |
| IFG Advisory, LLC | 0.02% | Reduce -0.5% | 10,843 | $497K |
| Camden National Bank | 0.07% | Reduce -3.1% | 10,817 | $495K |
| Northwest Wealth Management, LLC | 0.08% | No change | 10,701 | $490K |
| Richard C. Young & CO., LTD. | 0.04% | No change | 10,635 | $487K |
| Carmel Capital Partners, LLC | 0.17% | New | 10,606 | $486K |
| Indie Asset Partners, LLC | 0.54% | No change | 10,568 | $484K |
| Fermata Advisors, LLC | 0.12% | Reduce -16.5% | 10,512 | $481K |
| Inscription Capital, LLC | 0.05% | Add +73.3% | 10,400 | $476K |
| Prime Capital Investment Advisors, LLC | 0.01% | Reduce -5.4% | 10,319 | $473K |
| Forum Financial Management, LP | 0.01% | New | 10,300 | $472K |
| Trust Co. of Toledo NA | 0.05% | Add +6.8% | 10,139 | $464K |
| Integrated Wealth Concepts LLC | 0.01% | Reduce -88.8% | 10,080 | $462K |
| Parsons Capital Management Inc. | 0.03% | No change | 10,000 | $458K |
| Strait & Sound Wealth Management LLC | 0.17% | Add +34.1% | 9,827 | $450K |
| RCW Management, LLC | 0.45% | — | 9,670 | $443K |
| AdvisorNet Financial, Inc | 0.02% | Add +4.3% | 9,650 | $442K |
| Simmons Bank | 0.03% | Reduce -3.5% | 9,629 | $441K |
| Fairway Wealth LLC | 0.12% | No change | 9,600 | $440K |
| Principle Wealth Partners LLC | 0.02% | No change | 9,450 | $433K |
| Lido Advisors, LLC | 0.00% | No change | 10,185 | $426K |
| Baker Avenue Asset Management, LP | 0.01% | No change | 9,262 | $424K |
| Arbor Capital Management Inc. | 0.36% | No change | 8,750 | $424K |
| Sanctuary Advisors, LLC | 0.00% | Add +16.8% | 9,177 | $420K |
| Ausdal Financial Partners, Inc. | 0.02% | New | 9,172 | $420K |
| Covenant Asset Management, LLC | 0.08% | No change | 9,146 | $419K |
| RFG Advisory, LLC | 0.01% | No change | 9,100 | $417K |
| U.S. Capital Wealth Advisors, LLC | 0.01% | No change | 9,029 | $414K |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | 0.05% | New | 8,855 | $406K |
| Keybank National Association | 0.00% | No change | 8,818 | $404K |
| Great Valley Advisor Group, Inc. | 0.01% | Add +10.0% | 8,800 | $403K |
| Manchester Financial Inc. | 0.07% | Reduce -85.0% | 8,741 | $400K |
| TCFG Wealth Management, LLC | 0.16% | Reduce -24.5% | 8,700 | $398K |
| Daymark Wealth Partners, LLC | 0.01% | No change | 8,697 | $398K |
| Knightsbridge Asset Management, LLC | 0.06% | No change | 8,645 | $396K |
| Confluence Wealth Services, Inc. | 0.02% | No change | 8,577 | $393K |
| Guardian Wealth Advisors, LLC / NC | 0.02% | No change | 8,474 | $388K |
| Aptus Capital Advisors, LLC | 0.00% | No change | 8,474 | $388K |
| Northern Capital Management, Inc. | 0.20% | No change | 8,380 | $384K |
| Independent Wealth Network Inc. | 0.12% | Reduce -20.9% | 8,217 | $376K |
| Paradigm Capital Management, LLC | 0.35% | No change | 8,145 | $373K |
| Investors Asset Management of Georgia Inc. /Ga/ | 0.15% | No change | 8,073 | $370K |
| Freestone Capital Holdings, LLC | 0.01% | No change | 8,030 | $368K |
| NewEdge Advisors, LLC | 0.00% | Add +12.1% | 7,997 | $366K |
| Robinson Value Management, Ltd. | 0.20% | No change | 7,982 | $366K |
| Independent Financial Group, LLC | 0.01% | No change | 7,933 | $363K |
| WJ Financial Advisors LLC | 0.32% | No change | 7,800 | $357K |
| Motiv8 Investments LLC | 0.19% | No change | 7,675 | $352K |
| Ogorek Anthony Joseph /NY/ | 0.10% | New | 7,665 | $351K |
| Jane Street Group, LLC | 0.00% | Reduce -98.5% | 7,574 | $347K |
| CreativeOne Wealth, LLC | 0.01% | Reduce -35.6% | 7,527 | $345K |
| Aegis Financial Corp. | 0.08% | No change | 7,474 | $342K |
| Regions Financial Corp. | 0.00% | No change | 7,450 | $341K |
| Sound View Wealth Advisors Group, LLC | 0.02% | No change | 7,436 | $341K |
| Gradient Investments LLC | 0.01% | No change | 7,432 | $340K |
| Aviance Capital Partners, LLC | 0.04% | No change | 7,430 | $340K |
| Alexander Labrunerie & Co., Inc. | 0.12% | No change | 7,349 | $337K |
| Garde Capital, Inc. | 0.02% | No change | 7,245 | $332K |
| Resurgent Financial Advisors LLC | 0.17% | Reduce -12.2% | 7,200 | $330K |
| Hemenway Trust Co LLC | 0.03% | No change | 7,160 | $328K |
| S.A. Mason LLC | 0.13% | Add +2.8% | 7,068 | $324K |
| WealthShield Partners, LLC | 0.04% | No change | 7,032 | $322K |
| Orion Porfolio Solutions, LLC | 0.00% | New | 7,023 | $322K |
| Ruedi Wealth Management, Inc. | 0.08% | No change | 7,009 | $321K |
| Cannon Advisors, Inc. | 0.23% | No change | 6,031 | $319K |
| Thompson David Blair | 0.18% | — | 6,965 | $319K |
| Mgo One Seven LLC | 0.01% | Reduce -12.7% | 6,905 | $316K |
| Avidian Wealth Enterprises, LLC | 0.01% | No change | 6,869 | $315K |
| Silver Oak Securities, Incorporated | 0.02% | Add +4.0% | 6,617 | $312K |
| Stratos Wealth Partners, LTD. | 0.00% | New | 6,765 | $310K |
| Snowden Capital Advisors LLC | 0.01% | No change | 6,660 | $305K |
| Gibraltar Capital Management, Inc. | 0.05% | No change | 6,625 | $303K |
| Bryn Mawr Trust Advisors, LLC | 0.01% | No change | 6,600 | $302K |
| Advyzon Investment Management, LLC | 0.03% | Reduce -9.8% | 6,569 | $301K |
| White Knight Strategic Wealth Advisors, LLC | 0.22% | New | 6,532 | $299K |
| Ardent Capital Management, Inc. | 0.12% | No change | 6,505 | $298K |
| Kera Capital Partners, Inc. | 0.04% | Reduce -3.4% | 5,978 | $297K |
| Addison Advisors LLC | 0.07% | Reduce -3.2% | 6,430 | $294K |
| DDD Partners, LLC | 0.02% | Add +4.5% | 6,399 | $293K |
| Tenzing Financial LLC | 0.23% | — | 6,278 | $288K |
| Jackson, Grant Investment Advisers, Inc. | 0.09% | No change | 6,206 | $284K |
| Van Den Berg Management I, Inc. | 0.06% | No change | 6,126 | $281K |
| Perigon Wealth Management, LLC | 0.01% | Add +1.5% | 6,123 | $280K |
| Aprio Wealth Management, LLC | 0.02% | New | 6,110 | $280K |
| Greykasell Wealth Strategies, Inc. | 0.11% | New | 6,075 | $278K |
| Delta Financial Advisors LLC | 0.07% | No change | 6,000 | $275K |
| Occidental Asset Management, LLC | 0.03% | No change | 6,000 | $275K |
| NBT Bank, N.A. | 0.02% | No change | 6,000 | $275K |
| Perkins Coie Trust Co | 0.05% | No change | 6,000 | $275K |
| Clear Harbor Asset Management, LLC | 0.02% | No change | 5,979 | $274K |
| Texas Yale Capital Corp. | 0.01% | No change | 5,975 | $274K |
| Pine Valley Investments Ltd Liability Co | 0.01% | No change | 5,972 | $274K |
| Insigneo Advisory Services, LLC | 0.02% | Reduce -36.8% | 5,823 | $267K |
| Meramec Financial Planners, LLC | 0.10% | — | 5,424 | $266K |
| Two Sigma Securities, LLC | 0.04% | Reduce -68.9% | 5,789 | $265K |
| Lanark Financial, Inc. | 0.02% | Reduce -2.2% | 5,785 | $265K |
| Wescott Financial Advisory Group, LLC | 0.02% | No change | 5,711 | $262K |
| Global Assets Advisory, LLC | 0.07% | Reduce -9.0% | 5,639 | $258K |
| Kovack Advisors, Inc. | 0.01% | No change | 5,583 | $256K |
| Forvis Mazars Wealth Advisors, LLC | 0.00% | New | 5,538 | $254K |
| Wealth Quarterback LLC | 0.09% | Reduce -6.5% | 5,482 | $251K |
| Davidson Trust Co. | 0.10% | Reduce -7.0% | 5,461 | $250K |
| DAVENPORT & Co LLC | 0.00% | New | 5,400 | $247K |
| Woodmont Investment Counsel LLC | 0.02% | Reduce -8.8% | 5,356 | $245K |
| Purkiss Capital Advisors LLC | 0.11% | New | 5,250 | $240K |
| Essex Financial Services, Inc. | 0.01% | New | 5,244 | $240K |
| Axxcess Wealth Management, LLC | 0.00% | New | 5,200 | $238K |
| Advisors Capital Management, LLC | 0.00% | New | 5,200 | $238K |
| Capital Investment Advisors, LLC | 0.00% | New | 5,139 | $235K |
| Calton & Associates, Inc. | 0.03% | New | 5,135 | $235K |
| Bahl & Gaynor LLC | 0.00% | Reduce -16.4% | 5,078 | $233K |
| Mayfair Advisory Group, LLC | 0.09% | New | 5,000 | $231K |
| Key Client Fiduciary Advisors, LLC | 0.08% | New | 5,000 | $229K |
| MTM Investment Management, LLC | 0.07% | No change | 5,000 | $229K |
| Composition Wealth, LLC | 0.00% | New | 5,000 | $229K |
| Cidel Asset Management Inc. | 0.02% | New | 4,822 | $227K |
| Schiavi & Co LLC | 0.07% | New | 4,931 | $226K |
| Sax Wealth Advisors, LLC | 0.01% | New | 4,931 | $226K |
| Journey Strategic Wealth LLC | 0.01% | New | 4,921 | $225K |
| Silverlake Wealth Management LLC | 0.05% | New | 4,917 | $225K |
| SageView Advisory Group, LLC | 0.01% | New | 4,903 | $225K |
| Debussy Capital Management LP | 0.03% | New | 4,855 | $222K |
| Grandview Asset Management LLC | 0.06% | New | 4,800 | $220K |
| Foundations Investment Advisors, LLC | 0.00% | Reduce -12.8% | 4,766 | $218K |
| Fifth Third Bancorp | 0.00% | No change | 4,750 | $218K |
| Caldwell Sutter Capital, Inc. | 0.09% | Reduce -7.1% | 4,737 | $217K |
| Chicago Partners Investment Group LLC | 0.01% | New | 3,647 | $208K |
| Coppell Advisory Solutions LLC | 0.02% | New | 4,403 | $208K |
| Hohimer Wealth Management, LLC | 0.03% | Reduce -94.5% | 4,531 | $208K |
| XML Financial, LLC | 0.02% | New | 4,500 | $206K |
| Bulwark Capital Corp | 0.13% | No change | 4,100 | $188K |
| Blue Bell Private Wealth Management, LLC | 0.02% | No change | 3,604 | $165K |
| Brown Brothers Harriman & Co. | 0.00% | No change | 3,390 | $155K |
| Optiver Holding B.V. | 0.00% | Add +11.4% | 3,264 | $149K |
| Hara Capital LLC | 0.08% | Reduce -37.1% | 3,238 | $148K |
| Wellington Grp LLC | 0.05% | — | 3,208 | $147K |
| CoreCap Advisors, LLC | 0.01% | No change | 3,186 | $146K |
| HM Payson & Co. | 0.00% | No change | 3,100 | $142K |
| Pacifica Partners Inc. | 0.06% | No change | 3,000 | $138K |
| Heritage Wealth Advisors | 0.01% | No change | 3,000 | $137K |
| Chapman Financial Group, LLC | 0.09% | No change | 2,800 | $128K |
| Washington Trust Advisors, Inc. | 0.01% | Reduce -20.0% | 2,800 | $128K |
| SHP Wealth Management | 0.01% | — | 2,770 | $127K |
| GAMMA Investing LLC | 0.01% | No change | 2,671 | $122K |
| UMB Bank, n.a. | 0.00% | No change | 2,500 | $115K |
| Burkett Financial Services, LLC | 0.04% | No change | 2,491 | $114K |
| Benson Wealth Management INC | 0.13% | — | 2,468 | $113K |
| Arax Advisory Partners | 0.00% | New | 2,467 | $113K |
| Global Retirement Partners, LLC | 0.00% | Add +60.0% | 2,400 | $110K |
| Capital Analysts, LLC | 0.00% | No change | 2,283 | $105K |
| Farther Finance Advisors, LLC | 0.00% | Add +843.9% | 2,086 | $96K |
| Parallel Advisors, LLC | 0.00% | Add +17.7% | 1,879 | $86K |
| Private Trust Co. NA | 0.01% | No change | 1,785 | $82K |
| Laurel Wealth Advisors LLC | 0.01% | New | 1,700 | $78K |
| Bard Associates Inc. | 0.02% | New | 1,500 | $69K |
| Bogart Wealth, LLC | 0.00% | No change | 1,500 | $69K |
| Trust Co | 0.01% | Add +157.1% | 1,401 | $64K |
| Advantage Trust Co | 0.03% | Reduce -22.2% | 1,400 | $64K |
| Old Second National Bank of Aurora | 0.01% | No change | 1,400 | $64K |
| Atlantic Union Bankshares Corp | 0.00% | No change | 1,400 | $64K |
| Medallion Wealth Advisors, LLC | 0.02% | Reduce -19.0% | 1,391 | $64K |
| IAG Wealth Partners, LLC | 0.01% | No change | 1,000 | $46K |
| Rothschild Investment LLC | 0.00% | No change | 1,000 | $46K |
| Halbert Hargrove Global Advisors, LLC | 0.00% | New | 1,000 | $46K |
| Principia Wealth Advisory, LLC | 0.03% | Reduce -4.3% | 900 | $41K |
| Missouri Trust & Investment Co | 0.01% | No change | 900 | $41K |
| Princeton Global Asset Management LLC | 0.01% | No change | 900 | $41K |
| Creative Financial Designs Inc. | 0.00% | No change | 843 | $39K |
| Sound Income Strategies, LLC | 0.00% | No change | 743 | $38K |
| Atlantic Edge Private Wealth Management, LLC | 0.01% | No change | 800 | $37K |
| Bessemer Group Inc. | 0.00% | No change | 760 | $35K |
| Key Financial Inc | 0.01% | No change | 710 | $33K |
| Strategic Wealth Partners, Ltd. | 0.00% | No change | 700 | $32K |
| Delta Asset Management LLC | 0.00% | No change | 650 | $30K |
| Litman Gregory Wealth Management LLC | 0.00% | New | 659 | $26K |
| JNBA Financial Advisors | 0.00% | Reduce -73.3% | 510 | $23K |
| Physician Wealth Advisors, Inc. | 0.00% | New | 481 | $22K |
| Evermay Wealth Management LLC | 0.00% | No change | 400 | $18K |
| Signaturefd, LLC | 0.00% | Add +16.7% | 350 | $16K |
| Tradewinds Capital Management, LLC | 0.00% | No change | 328 | $15K |
| Tower Research Capital LLC (TRC) | 0.00% | New | 323 | $15K |
| 1620 Investment Advisors, Inc. | 0.01% | No change | 255 | $12K |
| Gen-Wealth Partners Inc | 0.00% | No change | 250 | $11K |
| Financial Consulate, Inc. | 0.00% | No change | 250 | $11K |
| Larson Financial Group LLC | 0.00% | No change | 242 | $11K |
| ORG Partners LLC | 0.00% | No change | 225 | $10K |
| Westside Investment Management, Inc. | 0.00% | No change | 200 | $9K |
| Asset Dedication, LLC | 0.00% | No change | 200 | $9K |
| Clark Wealth Partners | 0.00% | No change | 170 | $8K |
| Lummis Asset Management, LP | 0.00% | New | 150 | $7K |
| Assetmark, Inc. | 0.00% | Reduce -85.8% | 120 | $5K |
| Barrett & Company, Inc. | 0.00% | No change | 104 | $5K |
| McGuire Capital Advisors Inc. | 0.00% | — | 100 | $5K |
| Paladin Advisory Group, LLC | 0.00% | No change | 93 | $4K |
| BlackRock, Inc. | 0.00% | Reduce -86.3% | 93 | $4K |
| DecisionPoint Financial, LLC | 0.00% | No change | 68 | $3K |
| TCTC Holdings, LLC | 0.00% | No change | 66 | $3K |
| McIlrath & Eck, LLC | 0.00% | No change | 65 | $3K |
| Fourth Dimension Wealth, LLC | 0.00% | No change | 4 | $183 |
| Kohmann Bosshard Financial Services, LLC | 0.00% | New | 1 | $46 |
| Covestor Ltd | 0.00% | No change | 8 | $0 |
"% of holder's portfolio" is CEF's weight in each manager's 13F, not the share of Sprott Physical Gold and Sil the manager owns.