Vault-13

SPROTT PHYSICAL PLAT PALLAD SPPP

UNIT · Closed-End Fund · CUSIP 85207Q104

79 institutional holders +0 vs Q1 2026
11,406,11011.4m shares reported held*
$142.0mreported value*
12 new 18 added 25 reduced 11 sold out net sold ≈ $8.7m (-702.8k 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 ≈ $12.45.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 47Q4 22: 50Q1 23: 53Q2 23: 47Q3 23: 47Q4 23: 49Q1 24: 43Q2 24: 46Q3 24: 47Q4 24: 57Q1 25: 56Q2 25: 67Q3 25: 57Q4 25: 68Q1 26: 79Q2 26: 7979Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202247
Q4 202250
Q1 202353
Q2 202347
Q3 202347
Q4 202349
Q1 202443
Q2 202446
Q3 202447
Q4 202457
Q1 202556
Q2 202567
Q3 202557
Q4 202568
Q1 202679
Q2 202679

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 24: 14 bought or addedQ3 24: 15 cut or sold outQ4 24: 27 bought or addedQ4 24: 13 cut or sold outQ4 24Q1 25: 24 bought or addedQ1 25: 17 cut or sold outQ2 25: 35 bought or addedQ2 25: 16 cut or sold outQ2 25Q3 25: 30 bought or addedQ3 25: 30 cut or sold outQ4 25: 41 bought or addedQ4 25: 17 cut or sold outQ4 25Q1 26: 45 bought or addedQ1 26: 31 cut or sold outQ2 26: 30 bought or addedQ2 26: 36 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241415
Q4 20242713
Q1 20252417
Q2 20253516
Q3 20253030
Q4 20254117
Q1 20264531
Q2 20263036

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP New +411,777+411.8k
GOLDMAN SACHS GROUP INC Added +220,296+220.3k
INSIGNEO ADVISORY SERVICES, LLC New +161,484+161.5k
Cedrus Wealth Group LLC Added +117,359+117.4k
Weiss Asset Management LP Added +34,106+34.1k
PRELUDE CAPITAL MANAGEMENT, LLC New +30,000+30.0k
Pekin Hardy Strauss, Inc. New +24,370+24.4k
WOLVERINE ASSET MANAGEMENT LLC Added +17,609+17.6k
J.W. COLE ADVISORS, INC. New +13,950+13.9k
OSAIC HOLDINGS, INC. Added +13,323+13.3k

Biggest sellers

Logan Stone Capital, LLC Sold out -537,219-537.2k
ROYAL BANK OF CANADA Reduced -430,759-430.8k
JANE STREET GROUP, LLC Reduced -175,183-175.2k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Reduced -126,652-126.7k
MORGAN STANLEY Reduced -121,312-121.3k
HighTower Advisors, LLC Reduced -60,092-60.1k
SPROTT INC. Reduced -48,135-48.1k
XTX Topco Ltd Reduced -46,317-46.3k
Private Advisor Group, LLC Sold out -33,699-33.7k
LPL Financial LLC Reduced -28,647-28.6k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
RAYMOND JAMES & ASSOCIATES 13G · institution new · filed 2025-10-23 5.1% new 505.5k≈ $6.3m 2025-10-23

Insider purchases and sales since 1 Apr 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 since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 IMC-Chicago, LLC 0.34% of their portfolio CHICAGO, IL 3,002,3963.0m $37.4m $37.4m 0.34% Unchanged
2 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,480,0651.5m $18.4m $18.4m 0.00% Added +220.3k +220,296
3 Fielder Capital Group LLC 2.39% of their portfolio NASHVILLE, TN 885,724885.7k $11.0m $11.0m 2.39% Added +12.9k +12,925
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 738,449738.4k $9.2m $9.2m 0.00% Reduced -121.3k -121,312
5 Weiss Asset Management LP 0.10% of their portfolio BOSTON, MA 729,549729.5k $9.1m $9.1m 0.10% Added +34.1k +34,106
6 Cedrus Wealth Group LLC 6.39% of their portfolio ANDOVER, MN 587,573587.6k $7.3m $7.3m 6.39% Added +117.4k +117,359
7 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 579,734579.7k $7.2m $7.2m 0.00% Reduced -12.6k -12,572
8 Nokomis Capital, L.L.C. 2.50% of their portfolio DALLAS, TX 546,814546.8k $6.8m $6.8m 2.50% Unchanged
9 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 411,777411.8k $5.1m $5.1m 0.00% New
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 311,342311.3k $3.9m $3.9m 0.00% Reduced -430.8k -430,759
11 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 179,420179.4k $2.2m $2.2m 0.00% Added +13.3k +13,323
12 INSIGNEO ADVISORY SERVICES, LLC 0.08% of their portfolio MIAMI, FL 161,484161.5k $2.0m $2.0m 0.08% New
13 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 128,966129.0k $1.6m $1.6m 0.01% Reduced -4.3k -4,340
14 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 124,247124.2k $1.5m $1.5m 0.00% Reduced -14.4k -14,445
15 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 112,375112.4k $1.4m $1.4m 0.00% Reduced -19.8k -19,750
16 SPROTT INC. 0.05% of their portfolio TORONTO, A6 111,792111.8k $1.4m $1.4m 0.05% Reduced -48.1k -48,135
17 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 105,222105.2k $1.3m $1.3m 0.01% Added +9.7k +9,746
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 103,731103.7k $1.3m $1.3m 0.00% Reduced -17.4k -17,401
19 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 102,927102.9k $1.3m $1.3m 0.02% Added +17.6k +17,609
20 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 100,610100.6k $1.3m $1.3m 0.00% Reduced -28.6k -28,647
21 HC Advisors, LLC 0.48% of their portfolio SANDY SPRINGS, GA 63,24063.2k $787.3k $787.3k 0.48% Added +9.7k +9,719
22 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 57,19557.2k $708.8k $708.8k 0.00% Reduced -5.4k -5,395
23 Wakefield Asset Management LLLP 0.15% of their portfolio Englewood, CO 52,74152.7k $656.6k $656.6k 0.15% Reduced -12.7k -12,659
24 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 50,14550.1k $624.3k $624.3k 0.00% Reduced -18.9k -18,863
25 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 40,17540.2k $500.2k $500.2k 0.00% Unchanged
26 Cannell & Spears LLC 0.01% of their portfolio NEW YORK, NY 35,00035.0k $435.8k $435.8k 0.01% Unchanged
27 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 34,72734.7k $432.5k $432.5k 0.00% Reduced -10.1k -10,064
28 JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio Cincinnati, OH 30,00030.0k $373.5k $373.5k 0.00% Unchanged
29 PRELUDE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 30,00030.0k $373.5k $373.5k 0.03% New
30 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 27,79627.8k $346.0k $346.0k 0.00% Added +1.3k +1,335
31 Bayshore Capital Advisors, LLC 0.16% of their portfolio TAMPA, FL 26,80026.8k $333.7k $333.7k 0.16% Unchanged
32 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 25,20025.2k $313.7k $313.7k 0.00% Added +200 +200
33 HUB Investment Partners, LLC 0.01% of their portfolio AUSTIN, TX 25,00025.0k $311.2k $311.2k 0.01% Unchanged
34 Pekin Hardy Strauss, Inc. 0.03% of their portfolio CHICAGO, IL 24,37024.4k $303.4k $303.4k 0.03% New
35 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 23,60323.6k $270.0k $270.0k 0.00% Reduced -562 -562
36 Main Street Financial Solutions, LLC 0.02% of their portfolio NEWTOWN, PA 23,25023.2k $289.5k $289.5k 0.02% Added +5.4k +5,425
37 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.00% of their portfolio New York, NY 23,00023.0k $286.4k $286.4k 0.00% Unchanged
38 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 22,52922.5k $280.5k $280.5k 0.00% Added +300 +300
39 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 22,44822.4k $279.5k $279.5k 0.00% Reduced -46.3k -46,317
40 FIDELIS CAPITAL PARTNERS, LLC 0.01% of their portfolio TAMPA, FL 20,00020.0k $249.0k $249.0k 0.01% Unchanged
41 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 18,46618.5k $229.9k $229.9k 0.00% Added +862 +862
42 Pettinga Financial Advisors LLC 0.04% of their portfolio EVANSVILLE, IN 18,40018.4k $229.1k $229.1k 0.04% Added +2.1k +2,150
43 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 18,05018.1k $225.0k $225.0k 0.00% Reduced -1.0k -1,000
44 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 17,45017.4k $217.3k $217.3k 0.00% Reduced -175.2k -175,183
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 15,29615.3k $190.4k $190.4k 0.00% Reduced -17.9k -17,902
46 J.W. COLE ADVISORS, INC. 0.00% of their portfolio TAMPA, FL 13,95013.9k $173.7k $173.7k 0.00% New
47 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 12,86612.9k $162.2k $162.2k 0.01% Reduced -126.7k -126,652
48 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 11,68911.7k $145.5k $145.5k 0.00% New
49 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 11,30411.3k $141.2k $141.2k 0.00% New
50 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 10,82010.8k $134.7k $134.7k 0.00% Reduced -60.1k -60,092
51 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 10,37910.4k $129.2k $129.2k 0.00% Reduced -107 -107
52 Prospera Financial Services Inc 0.00% of their portfolio Dallas, TX 10,00010.0k $124.5k $124.5k 0.00% Unchanged
53 Central Pacific Bank - Trust Division 0.01% of their portfolio HONOLULU, HI 8,8498.8k $110.2k $110.2k 0.01% Unchanged
54 Strategic Investment Solutions, Inc. /IL 0.02% of their portfolio ORLAND PARK, IL 8,3338.3k $103.7k $103.7k 0.02% Reduced -5.4k -5,369
55 Dogwood Wealth Management LLC 0.03% of their portfolio LENEXA, KS 6,3006.3k $78.4k $78.4k 0.03% Unchanged
56 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 5,5005.5k $68.5k $68.5k 0.00% New
57 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 4,8354.8k $60.2k $60.2k 0.00% Unchanged
58 Smithfield Trust Co 0.00% of their portfolio PITTSBURGH, PA 4,5004.5k $56.0k $56.0k 0.00% New
59 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 4,3184.3k $53.8k $53.8k 0.00% Added +568 +568
60 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 3,9984.0k $49.8k $49.8k 0.00% New
61 COMPASS FINANCIAL MANAGEMENT LLC 0.01% of their portfolio TAMPA, FL 3,9153.9k $53.7k $53.7k 0.01% First filing
62 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 3,0003.0k $37.4k $37.4k 0.00% Unchanged
63 Main Street Group, LTD 0.01% of their portfolio GLEN ALLEN, VA 3,0003.0k $37.4k $37.4k 0.01% Reduced -2.0k -2,000
64 Purpose Unlimited Inc. 0.00% of their portfolio TORONTO, A6 2,8372.8k $34.1k $34.1k 0.00% New
65 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,6552.7k $33.1k $33.1k 0.00% Added +1.7k +1,655
66 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 2,5452.5k $31.7k $31.7k 0.00% Added +625 +625
67 HHM Wealth Advisors, LLC 0.00% of their portfolio CHATTANOOGA, TN 1,7001.7k $21.2k $21.2k 0.00% Unchanged
68 Caldwell Trust Co 0.00% of their portfolio Venice, FL 1,6401.6k $20.4k $20.4k 0.00% Unchanged
69 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,5941.6k $19.8k $19.8k 0.00% Reduced -20.8k -20,776
70 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 1,5161.5k $18.9k $18.9k 0.00% New
71 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 1,2831.3k $16.2k $16.2k 0.00% Reduced -950 -950
72 Twin Lakes Capital Management, LLC 0.00% of their portfolio REDWOOD SHORES, CA 1,0001.0k $12.4k $12.4k 0.00% Unchanged
73 Ascentis Wealth Management, LLC 0.00% of their portfolio DALLAS, TX 788788 $9.8k $9.8k 0.00% Unchanged
74 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 550550 $6.8k $6.8k 0.00% Added +50 +50
75 CONTRAVISORY INVESTMENT MANAGEMENT, INC. 0.00% of their portfolio Norwell, MA 543543 $6.8k $6.8k 0.00% Unchanged
76 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 300300 $3.7k $3.7k 0.00% Unchanged
77 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 300300 $3.7k $3.7k 0.00% Unchanged
78 IFG Advisory, LLC 0.00% of their portfolio ATLANTA, GA 200200 $2.5k $2.5k 0.00% Unchanged
79 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2525 $311 $311 0.00% Unchanged