Vault-13

SPROTT FDS TR NIKL

NICKEL MINERS ET · ETP · CUSIP 85208P600

34 institutional holders +16 vs Q4 2025
1,998,0852.0m shares reported held*
$32.0mreported value*
17 new 6 added 4 reduced 2 sold out net bought ≈ $11.7m (+780.5k 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 ≈ $16.01.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

02040Q2 23: 3Q3 23: 2Q4 23: 2Q1 24: 3Q2 24: 5Q3 24: 5Q4 24: 4Q1 25: 1Q2 25: 5Q3 25: 3Q4 25: 18Q1 26: 3434Q2 23Q1 24Q4 24Q3 25Q1 26
Numbers
QuarterHolders
Q2 20233
Q3 20232
Q4 20232
Q1 20243
Q2 20245
Q3 20245
Q4 20244
Q1 20251
Q2 20255
Q3 20253
Q4 202518
Q1 202634

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 4 bought or addedQ2 24: 1 cut or sold outQ3 24: 1 bought or addedQ3 24: 4 cut or sold outQ3 24Q4 24: 1 bought or addedQ4 24: 4 cut or sold outQ1 25: 0 bought or addedQ1 25: 3 cut or sold outQ1 25Q2 25: 4 bought or addedQ2 25: 0 cut or sold outQ3 25: 1 bought or addedQ3 25: 4 cut or sold outQ3 25Q4 25: 15 bought or addedQ4 25: 1 cut or sold outQ1 26: 23 bought or addedQ1 26: 6 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202441
Q3 202414
Q4 202414
Q1 202503
Q2 202540
Q3 202514
Q4 2025151
Q1 2026236

Biggest buyers

JANE STREET GROUP, LLC New +179,180+179.2k
Extract Advisors LLC New +175,000+175.0k
Massar Capital Management, LP New +164,657+164.7k
Cetera Investment Advisers New +99,577+99.6k
NWAM LLC Added +78,870+78.9k
RAYMOND JAMES FINANCIAL INC New +55,030+55.0k
MAINSTAY CAPITAL MANAGEMENT LLC /ADV New +35,685+35.7k
BANK OF MONTREAL /CAN/ Added +33,444+33.4k
CITADEL ADVISORS LLC New +29,781+29.8k
SPROTT INC. Added +28,595+28.6k

Biggest sellers

Fortis Group Advisors, LLC Sold out -110,971-111.0k
NATIONAL BANK OF CANADA /FI/ Reduced -59,300-59.3k
Cambridge Investment Research Advisors, Inc. Reduced -8,225-8.2k
Vanguard Capital Wealth Advisors Reduced -4,641-4.6k
UBS Group AG Reduced -2,978-3.0k
Essential Partners LLC Sold out -14-14

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Militia Capital Management LLC 0.80% of their portfolio AUSTIN, TX 662,400662.4k $10.6m $10.6m 0.80% First filing
2 NWAM LLC 0.21% of their portfolio MERCER ISLAND, WA 232,255232.3k $3.7m $3.7m 0.21% Added +78.9k +78,870
3 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 179,180179.2k $2.9m $2.9m 0.00% New
4 Extract Advisors LLC 1.94% of their portfolio CALABASAS, CA 175,000175.0k $2.8m $2.8m 1.94% New
5 Massar Capital Management, LP 0.53% of their portfolio STAMFORD, CT 164,657164.7k $2.6m $2.6m 0.53% New
6 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 99,57799.6k $1.6m $1.6m 0.00% New
7 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 92,77092.8k $1.5m $1.5m 0.00% Added +33.4k +33,444
8 Hancock Prospecting Pty Ltd 0.03% of their portfolio West Perth, C3 70,00070.0k $1.1m $1.1m 0.03% Unchanged
9 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 55,03055.0k $881.0k $881.0k 0.00% New
10 SPROTT INC. 0.02% of their portfolio TORONTO, A6 45,61545.6k $730.3k $730.3k 0.02% Added +28.6k +28,595
11 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 0.04% of their portfolio GRAND BLANC, MI 35,68535.7k $571.3k $571.3k 0.04% New
12 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 29,78129.8k $476.8k $476.8k 0.00% New
13 CENTRAL TRUST Co 0.01% of their portfolio JEFFERSON CITY, MO 22,45422.5k $359.5k $359.5k 0.01% Unchanged
14 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 20,53220.5k $328.0k $328.0k 0.00% New
15 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 16,04316.0k $256.8k $256.8k 0.00% New
16 Vanguard Capital Wealth Advisors 0.23% of their portfolio DENVER, CO 15,82015.8k $253.3k $253.3k 0.23% Reduced -4.6k -4,641
17 O'Brien Greene & Co. Inc 0.07% of their portfolio MEDIA, PA 14,69314.7k $235.2k $235.2k 0.07% New
18 TWO SIGMA SECURITIES, LLC 0.03% of their portfolio NEW YORK, NY 14,65114.7k $234.6k $234.6k 0.03% New
19 Moors & Cabot, Inc. 0.01% of their portfolio BOSTON, MA 12,25012.2k $196.1k $196.1k 0.01% Added +1.6k +1,600
20 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 11,33011.3k $181.0k $181.0k 0.00% Reduced -8.2k -8,225
21 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 10,53210.5k $168.6k $168.6k 0.00% New
22 NANO CAP NEW MILLENNIUM GROWTH FUND L P 0.07% of their portfolio STATEN ISLAND, NY 5,0005.0k $80.0k $80.0k 0.07% Unchanged
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,0004.0k $64.0k $64.0k 0.00% New
24 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 3,0653.1k $49.1k $49.1k 0.00% Added +2.8k +2,765
25 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,7231.7k $28.0k $28.0k 0.00% Unchanged
26 VALLEY NATIONAL ADVISERS INC 0.00% of their portfolio BETHLEHEM, PA 1,7161.7k $27.0k $27.0k 0.00% Added +1.0k +1,036
27 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 700700 $11.1k $11.1k 0.00% Reduced -59.3k -59,300
28 Root Financial Partners, LLC 0.00% of their portfolio ENCINITAS, CA 554554 $8.9k $8.9k 0.00% New
29 UBS Group AG 0.00% of their portfolio ZURICH, V8 422422 $6.8k $6.8k 0.00% Reduced -3.0k -2,978
30 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 200200 $3.2k $3.2k 0.00% New
31 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 200200 $3.2k $3.2k 0.00% Unchanged
32 FMR LLC 0.00% of their portfolio BOSTON, MA 180180 $2.9k $2.9k 0.00% New
33 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 4545 $720 $720 0.00% New
34 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2525 $400 $400 0.00% Unchanged