Vault-13

ABRDN PLATINUM ETF TRUST PPLT

PHYSCL PLATM SHS · ETP · CUSIP 003260106

224 institutional holders -22 vs Q4 2025
3,436,4463.4m shares reported held*
$612.0mreported value*
37 new 72 added 67 reduced 55 sold out net sold ≈ $111.5m (-625.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $178.10. Options: 15 managers hold calls ($394.3m notional), 7 hold puts ($144.3m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 85Q4 22: 111Q1 23: 109Q2 23: 107Q3 23: 107Q4 23: 112Q1 24: 96Q2 24: 120Q3 24: 119Q4 24: 131Q1 25: 139Q2 25: 170Q3 25: 189Q4 25: 246Q1 26: 224224Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202285
Q4 2022111
Q1 2023109
Q2 2023107
Q3 2023107
Q4 2023112
Q1 202496
Q2 2024120
Q3 2024119
Q4 2024131
Q1 2025139
Q2 2025170
Q3 2025189
Q4 2025246
Q1 2026224

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q2 24: 60 bought or addedQ2 24: 42 cut or sold outQ3 24: 52 bought or addedQ3 24: 49 cut or sold outQ3 24Q4 24: 68 bought or addedQ4 24: 47 cut or sold outQ1 25: 65 bought or addedQ1 25: 52 cut or sold outQ1 25Q2 25: 93 bought or addedQ2 25: 58 cut or sold outQ3 25: 100 bought or addedQ3 25: 69 cut or sold outQ3 25Q4 25: 137 bought or addedQ4 25: 79 cut or sold outQ1 26: 109 bought or addedQ1 26: 122 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20246042
Q3 20245249
Q4 20246847
Q1 20256552
Q2 20259358
Q3 202510069
Q4 202513779
Q1 2026109122

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300m$400mQ2 25 calls: $72.1mQ2 25 puts: $19.4mQ2 25P/C 0.27Q3 25 calls: $95.2mQ3 25 puts: $97.3mQ3 25P/C 1.02Q4 25 calls: $296.0mQ4 25 puts: $239.5mQ4 25P/C 0.81Q1 26 calls: $394.3mQ1 26 puts: $144.3mQ1 26P/C 0.37
Numbers
QuarterCallsPutsP/C
Q2 2025$72.1m$19.4m0.27
Q3 2025$95.2m$97.3m1.02
Q4 2025$296.0m$239.5m0.81
Q1 2026$394.3m$144.3m0.37

Biggest buyers

JANE STREET GROUP, LLC New +180,707+180.7k
Proficio Capital Partners LLC New +60,979+61.0k
CENTRAL TRUST Co Added +39,841+39.8k
BLAIR WILLIAM & CO/IL Added +38,433+38.4k
Corecam Pte. Ltd. Added +24,853+24.9k
CITADEL ADVISORS LLC Added +21,216+21.2k
Mizuho Markets Cayman LP New +21,020+21.0k
SPROTT INC. Added +20,965+21.0k
Valliance Asset Management Ltd New +20,300+20.3k
BENJAMIN EDWARDS INC Added +19,509+19.5k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -324,146-324.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -194,770-194.8k
PenderFund Capital Management Ltd. Reduced -82,000-82.0k
BNP PARIBAS FINANCIAL MARKETS Reduced -74,025-74.0k
LPL Financial LLC Reduced -46,482-46.5k
MORGAN STANLEY Reduced -43,253-43.3k
Southeast Asset Advisors, LLC Sold out -37,945-37.9k
BANK OF MONTREAL /CAN/ Reduced -28,264-28.3k
L & S Advisors Inc Sold out -27,093-27.1k
Journey Advisory Group, LLC Sold out -25,814-25.8k

Biggest calls

GROUP ONE TRADING LLC Added $76.6m430.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $74.3m416.6k shares
CITADEL ADVISORS LLC Added $73.1m410.3k shares
IMC-Chicago, LLC Added $59.7m335.1k shares
JANE STREET GROUP, LLC Added $59.2m332.0k shares
GOLDMAN SACHS GROUP INC New $17.8m100.0k shares
SIMPLEX TRADING, LLC Added $12.3m69.2k shares
Caption Management, LLC New $11.0m61.5k shares
TORONTO DOMINION BANK New $6.8m38.0k shares
Belvedere Trading LLC Reduced $2.5m14.3k shares

Biggest puts

JANE STREET GROUP, LLC Reduced $37.4m209.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $36.6m205.3k shares
CITADEL ADVISORS LLC Reduced $30.2m169.4k shares
GROUP ONE TRADING LLC Reduced $19.6m109.9k shares
IMC-Chicago, LLC Reduced $18.3m102.8k shares
SIMPLEX TRADING, LLC Reduced $2.0m11.4k shares
Belvedere Trading LLC Reduced $213.9k1.2k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CENTRAL TRUST Co 1.26% of their portfolio JEFFERSON CITY, MO 358,153358.2k $63.8m $63.8m 1.26% Added +39.8k +39,841
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 283,414283.4k $50.5m $50.5m 0.00% Reduced -43.3k -43,253
3 HOLLENCREST CAPITAL MANAGEMENT 1.54% of their portfolio NEWPORT BEACH, CA 231,738231.7k $41.3m $41.3m 1.54% Reduced -192 -192
4 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 180,707180.7k $32.2m $32.2m 0.03% New
5 PenderFund Capital Management Ltd. 4.47% of their portfolio VANCOUVER, A1 160,000160.0k $28.5m $28.5m 4.47% Reduced -82.0k -82,000
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 158,041158.0k $28.2m $28.2m 0.00% Reduced -21.4k -21,406
7 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 121,102121.1k $21.6m $21.6m 0.01% Reduced -46.5k -46,482
8 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 100,949100.9k $18.0m $18.0m 0.01% Reduced -74.0k -74,025
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 98,54898.5k $17.6m $17.6m 0.00% Reduced -4.9k -4,919
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 80,89580.9k $14.4m $14.4m 0.00% Reduced -4.3k -4,289
11 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 76,91176.9k $13.7m $13.7m 0.00% Reduced -6.4k -6,436
12 Corecam Pte. Ltd. 5.54% of their portfolio SINGAPORE, U0 71,74971.7k $12.8m $12.8m 5.54% Added +24.9k +24,853
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 64,56664.6k $11.1m $11.1m 0.00% Reduced -20.1k -20,103
14 Black Swift Group, LLC 1.94% of their portfolio BOULDER, CO 62,29562.3k $11.1m $11.1m 1.94% Added +4.3k +4,255
15 Proficio Capital Partners LLC 0.58% of their portfolio NEWTON, MA 60,97961.0k $10.9m $10.9m 0.58% New
16 SPROTT INC. 0.31% of their portfolio TORONTO, A6 57,18857.2k $10.2m $10.2m 0.31% Added +21.0k +20,965
17 Pekin Hardy Strauss, Inc. 0.95% of their portfolio CHICAGO, IL 50,85150.9k $9.1m $9.1m 0.95% Reduced -12.8k -12,774
18 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 50,21450.2k $8.9m $8.9m 0.00% Reduced -23.3k -23,251
19 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 44,71344.7k $8.0m $8.0m 0.01% Added +8.2k +8,234
20 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 44,10244.1k $7.9m $7.9m 0.02% Added +38.4k +38,433
21 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 43,58343.6k $7.8m $7.8m 0.01% Reduced -1.9k -1,927
22 Accordant Advisory Group Inc 4.80% of their portfolio ANNAPOLIS, MD 43,44443.4k $7.7m $7.7m 4.80% Added +17.8k +17,797
23 INTREPID FAMILY OFFICE LLC 6.20% of their portfolio SARASOTA, FL 40,00040.0k $7.1m $7.1m 6.20% Unchanged
24 Bleakley Financial Group, LLC 0.10% of their portfolio PARSIPPANY, NJ 35,15435.2k $6.3m $6.3m 0.10% Reduced -506 -506
25 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 31,23031.2k $5.6m $5.6m 0.01% Reduced -250 -250
26 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 30,68930.7k $5.5m $5.5m 0.00% Added +21.2k +21,216
27 Corecam AG 4.89% of their portfolio ZURICH, V8 30,55030.6k $5.4m $5.4m 4.89% Added +10.5k +10,520
28 ABBINGTON INVESTMENT GROUP 2.47% of their portfolio WESTPORT, CT 23,86323.9k $4.3m $4.3m 2.47% Reduced -101 -101
29 WIT Partners Advisory Pte. Ltd. 1.20% of their portfolio SINGAPORE, U0 22,97023.0k $4.1m $4.1m 1.20% Added +11.8k +11,770
30 Brookwood Investment Group LLC 0.52% of their portfolio PHOENIX, AZ 22,95123.0k $4.1m $4.1m 0.52% Added +9.1k +9,116
31 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 22,65822.7k $4.0m $4.0m 0.00% Reduced -324.1k -324,146
32 BENJAMIN EDWARDS INC 0.04% of their portfolio Clayton, MO 22,58522.6k $4.0m $4.0m 0.04% Added +19.5k +19,509
33 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 21,70121.7k $3.9m $3.9m 0.00% Added +2.6k +2,597
34 Mizuho Markets Cayman LP 0.20% of their portfolio NEW YORK, NY 21,02021.0k $3.7m $3.7m 0.20% New
35 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 20,74520.7k $3.7m $3.7m 0.00% Added +15.8k +15,752
36 Mariner, LLC 0.00% of their portfolio Overland Park, KS 20,70520.7k $3.7m $3.7m 0.00% Added +2.8k +2,764
37 Valliance Asset Management Ltd 2.97% of their portfolio CENTRAL, K3 20,30020.3k $3.6m $3.6m 2.97% New
38 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 19,92519.9k $3.6m $3.6m 0.00% Reduced -4.1k -4,065
39 Marshall Financial Group, LLC 0.54% of their portfolio Hunt Valley, MD 19,02519.0k $3.4m $3.4m 0.54% New
40 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 17,34817.3k $3.1m $3.1m 0.00% Added +1.8k +1,803
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 16,96517.0k $3.0m $3.0m 0.00% Reduced -194.8k -194,770
42 SCOTIA CAPITAL INC. 0.01% of their portfolio TORONTO, A6 14,22514.2k $2.5m $2.5m 0.01% Reduced -960 -960
43 INGALLS & SNYDER LLC 0.09% of their portfolio NEW YORK, NY 14,10714.1k $2.5m $2.5m 0.09% Added +25 +25
44 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 14,04814.0k $2.5m $2.5m 0.00% Reduced -4.0k -4,018
45 Arkadios Wealth Advisors 0.04% of their portfolio ATLANTA, GA 13,66113.7k $2.4m $2.4m 0.04% Reduced -16.9k -16,934
46 PHILADELPHIA TRUST CO 0.17% of their portfolio PHILADELPHIA, PA 13,32613.3k $2.4m $2.4m 0.17% Reduced -2.1k -2,091
47 Ancora Advisors LLC 0.05% of their portfolio Cleveland, OH 12,57012.6k $2.2m $2.2m 0.05% Reduced -2.5k -2,467
48 McAlvany Wealth Management LLC 1.43% of their portfolio DURANGO, CO 12,29212.3k $2.1m $2.1m 1.43% Added +307 +307
49 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 10,65210.7k $1.9m $1.9m 0.02% Added +53 +53
50 Fortis Group Advisors, LLC 0.31% of their portfolio WESTWOOD, NJ 10,56410.6k $1.9m $1.9m 0.31% New
51 Holcombe Financial, Inc. 1.10% of their portfolio ATLANTA, GA 10,48210.5k $1.9m $1.9m 1.10% Added +1.4k +1,418
52 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 10,45010.4k $1.9m $1.9m 0.01% Added +5.6k +5,600
53 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 10,41010.4k $1.9m $1.9m 0.00% Reduced -500 -500
54 AlphaCore Capital LLC 0.04% of their portfolio LA JOLLA, CA 10,19610.2k $1.8m $1.8m 0.04% Unchanged
55 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 9,5349.5k $1.7m $1.7m 0.00% Added +1.4k +1,436
56 INDEPENDENT FINANCIAL GROUP, LLC 0.04% of their portfolio SAN DIEGO, CA 9,2039.2k $1.6m $1.6m 0.04% Added +2.5k +2,537
57 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 9,0929.1k $1.6m $1.6m 0.00% Added +1.9k +1,938
58 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 9,0639.1k $1.6m $1.6m 0.01% Reduced -2.2k -2,156
59 Carrera Capital Advisors 0.24% of their portfolio TROY, MI 8,7638.8k $1.6m $1.6m 0.24% Reduced -159 -159
60 EVOKE WEALTH, LLC 0.03% of their portfolio Los Angeles, CA 8,5338.5k $1.5m $1.5m 0.03% Reduced -1 -1
61 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 8,5118.5k $1.5m $1.5m 0.01% Reduced -350 -350
62 Compound Planning, Inc. 0.05% of their portfolio NEW YORK, NY 8,3698.4k $1.5m $1.5m 0.05% Added +210 +210
63 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 8,3538.4k $1.4m $1.4m 0.00% Added +5.3k +5,309
64 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 8,1478.1k $1.5m $1.5m 0.00% Reduced -10.2k -10,243
65 Hyposwiss Advisors SA 1.26% of their portfolio GENEVA, V8 7,1257.1k $1.3m $1.3m 1.26% Unchanged
66 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 6,8006.8k $1.2m $1.2m 0.00% Added +1.5k +1,500
67 Titiun Yejiel 1.22% of their portfolio PUNTA DEL ESTE, X3 6,7576.8k $1.2m $1.2m 1.22% New
68 Linden Thomas Advisory Services, LLC 0.11% of their portfolio Charlotte, NC 6,6786.7k $1.2m $1.2m 0.11% Added +289 +289
69 Briaud Financial Planning Inc 0.31% of their portfolio COLLEGE STATION, TX 6,6506.7k $1.2m $1.2m 0.31% Added +26 +26
70 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 6,5636.6k $1.2m $1.2m 0.00% Added +4.0k +4,030
71 WT Wealth Management 0.34% of their portfolio SCOTTSDALE, AZ 6,4696.5k $1.2m $1.2m 0.34% Added +742 +742
72 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 6,0646.1k $1.1m $1.1m 0.02% Reduced -1.1k -1,149
73 Beacon Capital Management, LLC 0.18% of their portfolio FRANKLIN, TN 5,6665.7k $1.0m $1.0m 0.18% Added +3.8k +3,756
74 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ST. LOUIS, MO 5,4405.4k $969.6k $969.6k 0.02% Reduced -7.3k -7,305
75 Basecamp Wealth Advisors LLC 0.20% of their portfolio BELLEVUE, WA 5,4255.4k $966.9k $966.9k 0.20% New
76 Harel Insurance Investments & Financial Services Ltd. 0.01% of their portfolio Ramat Gan, L3 5,3305.3k $938.0k $938.0k 0.01% Added +2.5k +2,530
77 Bank Julius Baer & Co. Ltd, Zurich 0.00% of their portfolio ZURICH, V8 5,3235.3k $948.8k $948.8k 0.00% Added +51 +51
78 Financial Sense Advisors, Inc. 0.19% of their portfolio SAN DIEGO, CA 5,2855.3k $941.9k $941.9k 0.19% New
79 Pettinga Financial Advisors LLC 0.17% of their portfolio EVANSVILLE, IN 5,1805.2k $923.2k $923.2k 0.17% Reduced -830 -830
80 Keel Point, LLC 0.06% of their portfolio HUNTSVILLE, AL 5,1275.1k $913.8k $913.8k 0.06% Reduced -2.0k -1,999
81 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 4,9414.9k $880.6k $880.6k 0.00% Reduced -28.3k -28,264
82 Alhambra Investment Management LLC 0.40% of their portfolio PALMETTO BAY, FL 4,8454.8k $863.5k $863.5k 0.40% Reduced -2.9k -2,941
83 CAPITAL ADVISORS INC/OK 0.01% of their portfolio TULSA, OK 4,8004.8k $855.5k $855.5k 0.01% Unchanged
84 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 4,7254.7k $842.1k $842.1k 0.00% New
85 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 4,1444.1k $738.6k $738.6k 0.00% New
86 DV Trading LLC 0.07% of their portfolio CHICAGO, IL 4,0764.1k $726.5k $726.5k 0.07% New
87 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 3,9684.0k $707.2k $707.2k 0.00% Added +1.2k +1,195
88 LaSalle St. Investment Advisors, LLC 0.10% of their portfolio ELMHURST, IL 3,9674.0k $707.0k $707.0k 0.10% Reduced -5 -5
89 Hikari Tsushin, Inc. 0.05% of their portfolio TOKYO, M0 3,9644.0k $706.5k $706.5k 0.05% Reduced -2.5k -2,532
90 Private Wealth Advisors, LLC 0.19% of their portfolio Fresno, CA 3,7713.8k $672.1k $672.1k 0.19% Reduced -6.2k -6,196
91 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 3,7323.7k $665.2k $665.2k 0.00% Added +1.6k +1,629
92 Perennial Investment Advisors, LLC 0.05% of their portfolio Los Angeles, CA 3,6653.7k $653.2k $653.2k 0.05% Added +985 +985
93 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 3,5503.5k $632.7k $632.7k 0.00% Added +250 +250
94 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 3,4763.5k $620.0k $620.0k 0.00% Reduced -553 -553
95 ISTHMUS PARTNERS, LLC 0.06% of their portfolio MADISON, WI 3,4753.5k $619.3k $619.3k 0.06% Unchanged
96 MONEY CONCEPTS CAPITAL CORP 0.03% of their portfolio PALM BEACH GARDENS, FL 3,3953.4k $605.1k $605.1k 0.03% Reduced -141 -141
97 AlTi Global, Inc. 0.01% of their portfolio NEW YORK, NY 3,3003.3k $632.2k $632.2k 0.01% Unchanged
98 LETSON INVESTMENT MANAGEMENT, INC. 0.21% of their portfolio ATLANTA, GA 3,1003.1k $552.5k $552.5k 0.21% Unchanged
99 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 3,0403.0k $541.8k $541.8k 0.01% Added +113 +113
100 PIN OAK INVESTMENT ADVISORS INC 0.38% of their portfolio HOUSTON, TX 3,0013.0k $535.0k $535.0k 0.38% Unchanged