Vault-13

SPROTT ASSET MANAGEMENT LP CEF

TR UNIT · Closed-End Fund · CUSIP 85208R101

446 institutional holders +41 vs Q3 2025
58,290,00458.3m shares reported held*
$2.7bnreported value*
50 new 103 added 131 reduced 25 sold out net sold ≈ $54.6m (-1.3m 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 ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.93.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 274Q4 22: 285Q1 23: 283Q2 23: 283Q3 23: 292Q4 23: 295Q1 24: 297Q2 24: 316Q3 24: 331Q4 24: 357Q1 25: 365Q2 25: 377Q3 25: 405Q4 25: 446446Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022274
Q4 2022285
Q1 2023283
Q2 2023283
Q3 2023292
Q4 2023295
Q1 2024297
Q2 2024316
Q3 2024331
Q4 2024357
Q1 2025365
Q2 2025377
Q3 2025405
Q4 2025446

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 91 bought or addedQ1 24: 119 cut or sold outQ2 24: 104 bought or addedQ2 24: 111 cut or sold outQ2 24Q3 24: 105 bought or addedQ3 24: 113 cut or sold outQ4 24: 97 bought or addedQ4 24: 125 cut or sold outQ4 24Q1 25: 142 bought or addedQ1 25: 124 cut or sold outQ2 25: 121 bought or addedQ2 25: 137 cut or sold outQ2 25Q3 25: 159 bought or addedQ3 25: 123 cut or sold outQ4 25: 153 bought or addedQ4 25: 156 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202491119
Q2 2024104111
Q3 2024105113
Q4 202497125
Q1 2025142124
Q2 2025121137
Q3 2025159123
Q4 2025153156

Biggest buyers

3EDGE Asset Management, LP New +556,287+556.3k
MORGAN STANLEY Added +499,996+500.0k
Private Advisor Group, LLC Added +182,969+183.0k
Focus Partners Wealth Added +102,688+102.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +101,288+101.3k
Rothschild Wealth LLC New +92,600+92.6k
Concurrent Investment Advisors, LLC Added +91,001+91.0k
Thrivent Financial for Lutherans Added +86,215+86.2k
JONES FINANCIAL COMPANIES LLLP Added +63,926+63.9k
Mutual Advisors, LLC Added +62,777+62.8k

Biggest sellers

JPMORGAN CHASE & CO Reduced -536,019-536.0k
JANE STREET GROUP, LLC Reduced -507,935-507.9k
CENTRAL TRUST Co Reduced -431,577-431.6k
Bleakley Financial Group, LLC Reduced -367,345-367.3k
ROYAL BANK OF CANADA Reduced -148,602-148.6k
AMERIPRISE FINANCIAL INC Reduced -123,252-123.3k
PYA Waltman Capital, LLC Reduced -123,226-123.2k
Baird Financial Group, Inc. Reduced -102,175-102.2k
Cheviot Value Management, LLC Reduced -100,603-100.6k
Guardian Partners Inc. Sold out -100,082-100.1k

Insider purchases and sales in Q4 2025

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 Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CENTRAL TRUST Co 6.63% of their portfolio JEFFERSON CITY, MO 7,391,4517.4m $338.5m $338.5m 6.63% Reduced -431.6k -431,577
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 5,627,0385.6m $257.7m $257.7m 0.02% Added +500.0k +499,996
3 Bleakley Financial Group, LLC 3.86% of their portfolio PARSIPPANY, NJ 4,851,3464.9m $222.2m $222.2m 3.86% Reduced -367.3k -367,345
4 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 3,732,1063.7m $170.9m $170.9m 0.03% Reduced -148.6k -148,602
5 JUPITER ASSET MANAGEMENT LTD 1.32% of their portfolio London, X0 3,604,2493.6m $164.8m $164.8m 1.32% Added +52.8k +52,815
6 Baird Financial Group, Inc. 0.09% of their portfolio MILWAUKEE, WI 1,279,3801.3m $58.6m $58.6m 0.09% Reduced -102.2k -102,175
7 MANAGED ASSET PORTFOLIOS, LLC 6.15% of their portfolio ROCHESTER, MI 1,112,1161.1m $50.9m $50.9m 6.15% Reduced -27.8k -27,757
8 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,076,4321.1m $49.3m $49.3m 0.02% Reduced -53.3k -53,280
9 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 934,345934.3k $42.8m $42.8m 0.01% Added +21.7k +21,663
10 Evelyn Partners Investment Management LLP 1.03% of their portfolio London, X0 811,531811.5k $37.2m $37.2m 1.03% Added +49.6k +49,608
11 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 782,789782.8k $35.9m $35.9m 0.01% Reduced -8.5k -8,513
12 SPROTT INC. 1.15% of their portfolio TORONTO, A6 699,916699.9k $32.1m $32.1m 1.15% Added +35.8k +35,800
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 677,310677.3k $31.0m $31.0m 0.00% Reduced -15.9k -15,947
14 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 629,857629.9k $28.8m $28.8m 0.01% Reduced -123.3k -123,252
15 Cheviot Value Management, LLC 3.64% of their portfolio BEVERLY HILLS, CA 626,340626.3k $37.0m $37.0m 3.64% Reduced -100.6k -100,603
16 CIBC WORLD MARKET INC. 0.05% of their portfolio TORONTO, A6 625,923625.9k $28.7m $28.7m 0.05% Reduced -6.1k -6,125
17 COHEN & STEERS, INC. 0.05% of their portfolio NEW YORK, NY 598,497598.5k $27.4m $27.4m 0.05% Added +20.0k +20,000
18 Beaumont Financial Advisors, LLC 1.77% of their portfolio NEEDHAM, MA 586,803586.8k $26.9m $26.9m 1.77% Added +2.0k +2,036
19 3EDGE Asset Management, LP 1.36% of their portfolio Naples, FL 556,287556.3k $26.3m $26.3m 1.36% New
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 521,489521.5k $23.9m $23.9m 0.00% Reduced -536.0k -536,019
21 Cannell & Spears LLC 0.41% of their portfolio NEW YORK, NY 483,025483.0k $22.1m $22.1m 0.41% Unchanged
22 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 466,953467.0k $21.4m $21.4m 0.06% Reduced -14.4k -14,351
23 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 456,966457.0k $20.9m $20.9m 0.03% Added +22.5k +22,480
24 Pekin Hardy Strauss, Inc. 1.90% of their portfolio CHICAGO, IL 447,769447.8k $20.5m $20.5m 1.90% Reduced -10.2k -10,198
25 EVERGREEN CAPITAL MANAGEMENT LLC 0.45% of their portfolio Bellevue, WA 440,169440.2k $20.2m $20.2m 0.45% Reduced -2.1k -2,115
26 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 409,890409.9k $18.5m $18.5m 0.02% Reduced -63.2k -63,222
27 TIAA TRUST, NATIONAL ASSOCIATION 0.04% of their portfolio CHARLOTTE, NC 400,550400.6k $18.3m $18.3m 0.04% Added +425 +425
28 MATAURO, LLC 2.75% of their portfolio NEW YORK, NY 399,066399.1k $18.3m $18.3m 2.75% Added +10.5k +10,522
29 Inlight Wealth Management, LLC 6.69% of their portfolio ATLANTA, GA 398,877398.9k $18.3m $18.3m 6.69% Reduced -2.8k -2,844
30 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 381,773381.8k $17.5m $17.5m 0.01% Reduced -10.4k -10,441
31 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 371,611371.6k $17.0m $17.0m 0.02% Reduced -43.4k -43,410
32 PYA Waltman Capital, LLC 4.42% of their portfolio KNOXVILLE, TN 359,334359.3k $16.5m $16.5m 4.42% Reduced -123.2k -123,226
33 HOLLENCREST CAPITAL MANAGEMENT 0.56% of their portfolio NEWPORT BEACH, CA 356,183356.2k $16.3m $16.3m 0.56% Unchanged
34 SHUFRO ROSE & CO LLC 1.09% of their portfolio NEW YORK, NY 352,806352.8k $16.2m $16.2m 1.09% Added +354 +354
35 New Harbor Financial Group, LLC 2.90% of their portfolio WORCESTER, MA 345,711345.7k $15.8m $15.8m 2.90% Reduced -6.2k -6,225
36 PFG Investments, LLC 0.71% of their portfolio WOODBURY, NY 330,265330.3k $15.1m $15.1m 0.71% Reduced -11.5k -11,495
37 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 314,803314.8k $14.4m $14.4m 0.02% Added +17.0k +16,979
38 Euro Pacific Asset Management, LLC 0.95% of their portfolio DORADO, PR 285,326285.3k $8.6m $8.6m 0.95% Reduced -13.2k -13,240
39 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 278,466278.5k $13.0m $13.0m 0.02% Added +86.2k +86,215
40 Federation des caisses Desjardins du Quebec 0.05% of their portfolio LEVIS, A8 276,761276.8k $12.6m $12.6m 0.05% Reduced -15.2k -15,237
41 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 272,148272.1k $12.5m $12.5m 0.06% Added +183.0k +182,969
42 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 262,792262.8k $13.0m $13.0m 0.02% Added +1.2k +1,233
43 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 259,040259.0k $11.9m $11.9m 0.01% Added +101.3k +101,288
44 NewEdge Wealth, LLC 0.13% of their portfolio STAMFORD, CT 253,922253.9k $11.6m $11.6m 0.13% Unchanged
45 Arkadios Wealth Advisors 0.22% of their portfolio ATLANTA, GA 240,931240.9k $11.0m $11.0m 0.22% Added +4.2k +4,168
46 Pacific Sage Partners, LLC 1.74% of their portfolio EDMONDS, WA 239,587239.6k $11.0m $11.0m 1.74% Reduced -30.9k -30,922
47 SAPIENT CAPITAL LLC 0.16% of their portfolio INDIANAPOLIS, IN 237,789237.8k $11.2m $11.2m 0.16% Unchanged
48 Gem Investment Advisors, LLC 10.21% of their portfolio TEANECK, NJ 235,091235.1k $10.8m $10.8m 10.21% First filing
49 IFP Advisors, Inc 0.24% of their portfolio TAMPA, FL 234,680234.7k $10.7m $10.7m 0.24% Added +36.2k +36,181
50 Cadence Wealth Management LLC 5.19% of their portfolio WESTBOROUGH, MA 234,513234.5k $10.7m $10.7m 5.19% Reduced -31.2k -31,178
51 Brookstone Capital Management 0.12% of their portfolio WHEATON, IL 229,280229.3k $10.5m $10.5m 0.12% Added +5.0k +4,964
52 TrustWell Financial Advisors, LLC 10.12% of their portfolio Jacksonville, FL 228,448228.4k $10.5m $10.5m 10.12% First filing
53 INTREPID CAPITAL MANAGEMENT INC 3.90% of their portfolio JACKSONVILLE BEACH, FL 220,068220.1k $10.1m $10.1m 3.90% Reduced -5.7k -5,678
54 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 210,343210.3k $9.6m $9.6m 0.04% Reduced -10.5k -10,514
55 Concurrent Investment Advisors, LLC 0.11% of their portfolio Tampa, FL 204,833204.8k $9.4m $9.4m 0.11% Added +91.0k +91,001
56 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 204,427204.4k $9.4m $9.4m 0.01% Added +63.9k +63,926
57 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 198,043198.0k $9.1m $9.1m 0.01% Added +1.7k +1,748
58 Evelyn Partners Investment Management Services Ltd 1.11% of their portfolio London, X0 193,487193.5k $8.9m $8.9m 1.11% Added +7.8k +7,840
59 FLAGSHIP HARBOR ADVISORS, LLC 0.39% of their portfolio BOSTON, MA 181,263181.3k $8.3m $8.3m 0.39% Reduced -2.3k -2,297
60 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 174,083174.1k $8.0m $8.0m 0.02% Added +5.1k +5,114
61 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 171,779171.8k $7.9m $7.9m 0.01% Added +48.7k +48,747
62 TD Waterhouse Canada Inc. 0.05% of their portfolio TORONTO, A6 169,009169.0k $7.7m $7.7m 0.05% Added +25.2k +25,186
63 LEVEL FOUR ADVISORY SERVICES, LLC 0.24% of their portfolio DALLAS, TX 162,194162.2k $7.4m $7.4m 0.24% Reduced -8.4k -8,427
64 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 161,013161.0k $7.4m $7.4m 0.01% Added +14.4k +14,413
65 Mutual Advisors, LLC 0.16% of their portfolio OMAHA, NE 159,901159.9k $7.3m $7.3m 0.16% Added +62.8k +62,777
66 Chicago Capital, LLC 0.18% of their portfolio Chicago, IL 155,365155.4k $7.1m $7.1m 0.18% Unchanged
67 SBE LLC DBA CEDAR COVE WEALTH PARTNERS 3.61% of their portfolio BLOOMINGTON, MN 150,762150.8k $6.9m $6.9m 3.61% First filing
68 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 133,889133.9k $6.1m $6.1m 0.03% Reduced -125 -125
69 ROBERTS GLORE & CO INC /IL/ 1.62% of their portfolio DEERFIELD, IL 132,940132.9k $6.1m $6.1m 1.62% Reduced -4.0k -4,030
70 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 130,102130.1k $6.0m $6.0m 0.00% Reduced -41.5k -41,521
71 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.31% of their portfolio CEDAR RAPIDS, IA 129,030129.0k $5.9m $5.9m 0.31% Added +3.0k +3,000
72 OPPENHEIMER & CO INC 0.08% of their portfolio NEW YORK, NY 126,331126.3k $5.8m $5.8m 0.08% Added +630 +630
73 Mariner, LLC 0.01% of their portfolio Overland Park, KS 126,314126.3k $5.8m $5.8m 0.01% Added +4.6k +4,599
74 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 126,218126.2k $5.8m $5.8m 0.01% Reduced -9.5k -9,547
75 MARATHON CAPITAL MANAGEMENT 1.23% of their portfolio Hunt Valley, MD 125,100125.1k $5.7m $5.7m 1.23% Reduced -1.1k -1,125
76 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 123,048123.0k $5.6m $5.6m 0.00% Added +61.5k +61,505
77 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 122,677122.7k $5.6m $5.6m 0.01% Added +7.3k +7,339
78 Beacon Pointe Advisors, LLC 0.04% of their portfolio NEWPORT BEACH, CA 121,912121.9k $5.6m $5.6m 0.04% Reduced -15.9k -15,945
79 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 113,728113.7k $5.2m $5.2m 0.01% Added +102.7k +102,688
80 STEEL GROVE CAPITAL ADVISORS, LLC 0.53% of their portfolio MEMPHIS, TN 111,100111.1k $5.1m $5.1m 0.53% Added +374 +374
81 Fore Capital, LLC 6.66% of their portfolio New York, NY 110,000110.0k $5.0m $5.0m 6.66% Unchanged
82 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 109,730109.7k $5.0m $5.0m 0.03% Added +24.6k +24,603
83 Delta Investment Management, LLC 0.86% of their portfolio SAN FRANCISCO, CA 107,800107.8k $4.9m $4.9m 0.86% Added +1.7k +1,721
84 Financial Planning Navigators CORP 2.26% of their portfolio MAPLE GROVE, MN 107,587107.6k $4.9m $4.9m 2.26% First filing
85 Ancora Advisors LLC 0.10% of their portfolio Cleveland, OH 103,694103.7k $4.7m $4.7m 0.10% Added +5.5k +5,470
86 Robertson Stephens Wealth Management, LLC 0.13% of their portfolio San Francisco, CA 100,166100.2k $4.6m $4.6m 0.13% Unchanged
87 CHASE INVESTMENT COUNSEL CORP 1.27% of their portfolio CHARLOTTESVILLE, VA 99,47699.5k $4.6m $4.6m 1.27% Reduced -1.4k -1,367
88 Rothschild Wealth LLC 0.41% of their portfolio OAK BROOK, IL 92,60092.6k $4.2m $4.2m 0.41% New
89 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 90,89090.9k $4.2m $4.2m 0.02% Reduced -346 -346
90 GWN SECURITIES INC. 0.82% of their portfolio Palm Beach Gardens, FL 88,79488.8k $4.1m $4.1m 0.82% Unchanged
91 CHOREO, LLC 0.05% of their portfolio ROCKFORD, IL 86,43886.4k $4.1m $4.1m 0.05% Reduced -498 -498
92 COLUMBIA ADVISORY PARTNERS LLC 2.66% of their portfolio SPOKANE, WA 85,32585.3k $3.9m $3.9m 2.66% Reduced -7.1k -7,057
93 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 84,07684.1k $3.9m $3.9m 0.00% Reduced -4.0k -4,036
94 Demars Financial Group, LLC 1.21% of their portfolio SPOKANE VALLEY, WA 78,66578.7k $3.6m $3.6m 1.21% Reduced -3.5k -3,547
95 Peak Financial Management, Inc. 0.91% of their portfolio WELLESLEY, MA 76,70976.7k $3.5m $3.5m 0.91% Reduced -630 -630
96 J.W. COLE ADVISORS, INC. 0.08% of their portfolio TAMPA, FL 75,92975.9k $3.5m $3.5m 0.08% Added +2.6k +2,577
97 St. James Investment Company, LLC 0.55% of their portfolio SOUTHLAKE, TX 75,43675.4k $3.5m $3.5m 0.55% Reduced -859 -859
98 IPG Investment Advisors LLC 0.58% of their portfolio SAN DIEGO, CA 72,11572.1k $3.3m $3.3m 0.58% Added +3.6k +3,570
99 INSPIRION WEALTH ADVISORS, LLC 0.38% of their portfolio LIBERTYVILLE, IL 67,81967.8k $3.1m $3.1m 0.38% Added +11.9k +11,886
100 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 67,64767.6k $3.1m $3.1m 0.00% Reduced -6.5k -6,526