Sprott Physical Gold & Silver Trust (CEF) — Institutional Holders, Q2 2026

450 institutional investment managers reported a CEF position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $2.2B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← CEF stock profile

CEF in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

110

Trimmed

119

Sold out

Biggest buyers

Weiss Asset ManagementAdded · +1,360,216 sh+$54.7M
JANE STREET GROUPAdded · +200,135 sh+$8.1M
AMERIPRISE FINANCIALAdded · +178,487 sh+$7.2M
Janney Montgomery ScottNew · +171,793 sh+$6.9M
Capital Wealth AllianceNew · +129,717 sh+$5.2M

Biggest sellers

IMC-ChicagoTrimmed · -1,685,344 sh-$67.8M
WELLS FARGO & COMPANYTrimmed · -434,584 sh-$17.5M
CENTRALTrimmed · -357,415 sh-$14.4M
CITADEL ADVISORSTrimmed · -323,486 sh-$13.0M
Baird Financial GroupTrimmed · -247,313 sh-$9.9M

CEF 13F holders ranked 1–100 of 450

Institutional investors reporting a position in Sprott Physical Gold & Silver Trust on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	CENTRAL#1 · 4,506,959 sh	4,506,959	$181.3M	3.28%	-7.3%
2	Bleakley Financial Group#2 · 4,208,130 sh	4,208,130	$169.3M	2.16%	+0.4%
3	MORGAN STANLEY#3 · 4,154,969 sh	4,154,969	$167.2M	<0.01%	+2.5%
4	JUPITER ASSET MANAGEMENT LTD#4 · 3,657,084 sh	3,657,084	$147.7M	0.73%	+3.1%
5	ROYAL BANK OF CANADA#5 · 3,329,872 sh	3,329,872	$134.0M	0.02%	+0.4%
6	Weiss Asset Management#6 · 3,099,716 sh	3,099,716	$124.7M	1.31%	+78.2%
7	IMC-Chicago#7 · 1,779,571 sh	1,779,571	$71.6M	0.02%	-48.6%
8	Evelyn Partners Group Ltd#8 · 1,168,036 sh	1,168,036	$47.0M	0.10%	—
9	MANAGED ASSET PORTFOLIOS#9 · 955,967 sh	955,967	$38.5M	4.40%	-0.6%
10	RAYMOND JAMES FINANCIAL#10 · 903,921 sh	903,921	$36.4M	<0.01%	-3.7%
11	JANE STREET GROUP#11 · 897,561 sh	897,561	$36.1M	<0.01%	+28.7%
12	LPL Financial#12 · 847,803 sh	847,803	$34.1M	<0.01%	-6.7%
13	Baird Financial Group#13 · 841,648 sh	841,648	$33.9M	0.05%	-22.7%
14	WELLS FARGO & COMPANY#14 · 747,266 sh	747,266	$30.1M	<0.01%	-36.8%
15	BANK OF AMERICA#15 · 642,326 sh	642,326	$25.8M	<0.01%	+1.9%
16	SPROTT#16 · 636,665 sh	636,665	$25.6M	0.81%	-1.9%
17	Cheviot Value Management#17 · 567,160 sh	567,160	$22.8M	2.32%	-1.2%
18	Beaumont Financial Advisors#18 · 563,859 sh	563,859	$22.7M	—	-0.2%
19	Marshall Financial Group#19 · 544,511 sh	544,511	$21.9M	3.19%	0.0%
20	AMERIPRISE FINANCIAL#20 · 525,803 sh	525,803	$21.1M	<0.01%	+51.4%
21	JPMORGAN CHASE#21 · 504,984 sh	504,984	$20.1M	<0.01%	-0.9%
22	CIBC WORLD MARKET#22 · 483,429 sh	483,429	$19.4M	0.03%	-4.0%
23	Spears Abacus Advisors#23 · 483,025 sh	483,025	$19.4M	0.35%	0.0%
24	OSAIC#24 · 444,749 sh	444,749	$17.9M	0.02%	+28.8%
25	Cambridge Investment Research Advisors#25 · 441,740 sh	441,740	$17.8M	0.04%	-1.9%
26	COHEN & STEERS#26 · 368,497 sh	368,497	$14.8M	0.02%	+8.9%
27	EVERGREEN CAPITAL MANAGEMENT#27 · 359,926 sh	359,926	$14.5M	—	0.0%
28	HOLLENCREST SECURITIES#28 · 356,183 sh	356,183	$14.3M	0.93%	0.0%
29	3EDGE Asset Management#29 · 347,252 sh	347,252	$14.0M	0.62%	+20.7%
30	New Harbor Financial Group#30 · 346,918 sh	346,918	$14.0M	—	+5.2%
31	Cetera Investment Advisers#31 · 340,595 sh	340,595	$13.7M	0.01%	+0.6%
32	MATAURO#32 · 330,630 sh	330,630	$13.3M	1.76%	-1.6%
33	NATIONAL BANK OF CANADA#33 · 332,657 sh	332,657	$13.1M	<0.01%	+2.7%
34	Neuberger Berman Group#34 · 316,559 sh	316,559	$12.7M	<0.01%	-12.5%
35	TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES#35 · 312,644 sh	312,644	$12.6M	0.04%	-7.9%
36	PFG Investments#36 · 312,401 sh	312,401	$12.6M	0.49%	-2.6%
37	Federation des caisses Desjardins du Quebec#37 · 312,254 sh	312,254	$12.5M	0.04%	+5.9%
38	NewEdge Wealth#38 · 253,922 sh	253,922	$10.2M	0.10%	0.0%
39	Private Advisor Group#39 · 238,559 sh	238,559	$9.6M	0.04%	-11.6%
40	SAPIENT CAPITAL#40 · 237,789 sh	237,789	$9.6M	—	0.0%
41	Mariner#41 · 236,491 sh	236,491	$9.5M	0.01%	-6.9%
42	Pacific Sage Partners#42 · 224,596 sh	224,596	$9.0M	—	+14.6%
43	JONES FINANCIAL COMPANIES LLLP#43 · 222,807 sh	222,807	$9.0M	<0.01%	+4.2%
44	NORTHWESTERN MUTUAL WEALTH MANAGEMENT#44 · 217,958 sh	217,958	$8.8M	<0.01%	-20.2%
45	SUSQUEHANNA INTERNATIONAL GROUP, LLP#45 · 216,346 sh	216,346	$8.7M	<0.01%	-20.0%
46	STIFEL FINANCIAL#46 · 210,558 sh	210,558	$8.5M	<0.01%	+1.1%
47	Cadence Wealth Management#47 · 207,150 sh	207,150	$8.3M	3.73%	-3.2%
48	PYA Waltman Capital#48 · 204,820 sh	204,820	$8.2M	1.96%	+7.1%
49	WEALTH ENHANCEMENT ADVISORY SERVICES#49 · 196,822 sh	196,822	$8.1M	—	-0.7%
50	INTREPID CAPITAL MANAGEMENT#50 · 199,116 sh	199,116	$8.0M	2.84%	-2.4%
51	IFP Advisors#51 · 195,814 sh	195,814	$7.9M	—	-0.9%
52	COMMONWEALTH EQUITY SERVICES#52 · 189,917 sh	189,917	$7.6M	<0.01%	-4.7%
53	Arkadios Wealth Advisors#53 · 188,371 sh	188,371	$7.6M	0.11%	+8.4%
54	Kestra Advisory Services#54 · 187,775 sh	187,775	$7.6M	0.02%	-12.1%
55	Gem Investment Advisors#55 · 187,561 sh	187,561	$7.5M	4.63%	0.0%
56	TD Waterhouse Canada#56 · 183,699 sh	183,699	$7.4M	—	+7.3%
57	TrustWell Financial Advisors#57 · 180,261 sh	180,261	$7.3M	—	-1.5%
58	FLAGSHIP HARBOR ADVISORS#58 · 178,047 sh	178,047	$7.2M	—	-0.5%
59	Brookstone Capital Management#59 · 176,920 sh	176,920	$7.1M	—	+6.4%
60	Janney Montgomery Scott#60 · 171,793 sh	171,793	$6.9M	0.01%	New
61	Pekin Hardy Strauss#61 · 166,832 sh	166,832	$6.7M	0.59%	-0.1%
62	HighTower Advisors#62 · 161,405 sh	161,405	$6.5M	<0.01%	+28.3%
63	LEVEL FOUR ADVISORY SERVICES#63 · 160,327 sh	160,327	$6.4M	0.18%	-0.9%
64	Chicago Capital#64 · 155,365 sh	155,365	$6.3M	—	0.0%
65	CAPTRUST FINANCIAL ADVISORS#65 · 151,509 sh	151,509	$6.1M	<0.01%	+2.7%
66	ENVESTNET ASSET MANAGEMENT#66 · 141,609 sh	141,609	$5.7M	<0.01%	+9.7%
67	Beacon Pointe Advisors#67 · 138,425 sh	138,425	$5.6M	0.03%	-2.1%
68	WILEY BROS.-AINTREE CAPITAL#68 · 133,884 sh	133,884	$5.4M	0.02%	0.0%
69	Concurrent Investment Advisors#69 · 132,379 sh	132,379	$5.3M	—	+12.7%
70	Atria Investments#70 · 130,306 sh	130,306	$5.2M	—	+9.3%
71	Capital Wealth Alliance#71 · 129,717 sh	129,717	$5.2M	—	New
72	ROBERTS GLORE#72 · 125,652 sh	125,652	$5.1M	1.25%	-0.1%
73	Cable Car Capital#73 · 125,000 sh	125,000	$5.0M	0.11%	-37.5%
74	NATIONS FINANCIAL GROUP , /IA#74 · 121,510 sh	121,510	$4.9M	0.23%	-5.1%
75	K.J. Harrison & Partners#75 · 120,351 sh	120,351	$4.8M	0.69%	New
76	MARATHON CAPITAL MANAGEMENT#76 · 120,075 sh	120,075	$4.8M	—	-0.2%
77	OPPENHEIMER#77 · 111,903 sh	111,903	$4.5M	—	+0.1%
78	Robertson Stephens Wealth Management#78 · 110,516 sh	110,516	$4.4M	—	+0.1%
79	Steward Partners Investment Advisory#79 · 107,062 sh	107,062	$4.3M	0.02%	+15.9%
80	STEEL GROVE CAPITAL ADVISORS#80 · 106,115 sh	106,115	$4.3M	—	+0.6%
81	AE Wealth Management#81 · 105,442 sh	105,442	$4.2M	0.02%	-10.8%
82	INTERNATIONAL ASSETS INVESTMENT MANAGEMENT#82 · 104,460 sh	104,460	$4.2M	0.25%	-1.1%
83	Delta Investment Management#83 · 101,314 sh	101,314	$4.1M	0.67%	-4.9%
84	CHASE INVESTMENT COUNSEL#84 · 99,416 sh	99,416	$4.0M	0.84%	-0.1%
85	Ancora Advisors#85 · 95,794 sh	95,794	$3.9M	0.07%	New
86	Mutual Advisors#86 · 95,196 sh	95,196	$3.8M	0.07%	+0.4%
87	Demars Financial Group#87 · 95,014 sh	95,014	$3.8M	—	+16.7%
88	Integrated Wealth Concepts#88 · 94,920 sh	94,920	$3.8M	0.02%	-0.1%
89	Sentinus#89 · 90,772 sh	90,772	$3.7M	0.29%	0.0%
90	GWN SECURITIES#90 · 88,794 sh	88,794	$3.6M	0.60%	0.0%
91	Focus Partners Wealth#91 · 87,958 sh	87,958	$3.5M	<0.01%	-26.7%
92	CHOREO#92 · 86,438 sh	86,438	$3.5M	0.04%	0.0%
93	Coastline#93 · 86,358 sh	86,358	$3.5M	—	+1.1%
94	Wealthcare Advisory Partners#94 · 79,900 sh	79,900	$3.2M	—	-15.8%
95	MML INVESTORS SERVICES#95 · 78,349 sh	78,349	$3.2M	<0.01%	-0.1%
96	Peak Financial Management#96 · 74,831 sh	74,831	$3.0M	—	-0.3%
97	THRIVENT FINANCIAL FOR LUTHERANS#97 · 73,169 sh	73,169	$2.9M	<0.01%	+292.9%
98	IPG Investment Advisors#98 · 72,906 sh	72,906	$2.9M	0.42%	+2.5%
99	SBE DBA CEDAR COVE WEALTH PARTNERS#99 · 69,439 sh	69,439	$2.8M	—	New
100	CAMELOT TECHNOLOGY ADVISORS#100 · 69,398 sh	69,398	$2.8M	—	-10.1%

Funds that sold out of CEF in Q2 2026 (43)

Held CEF at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held CEF in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
GOLDMAN SACHS GROUP160,550 sh	160,550	$7.7M
Logan Stone Capital125,705 sh	125,705	$6.0M
BOOTHBAY FUND MANAGEMENT95,000 sh	95,000	$4.5M
Independent Advisor Alliance69,012 sh	69,012	$3.3M
WOLVERINE ASSET MANAGEMENT56,893 sh	56,893	$2.7M
READYSTATE ASSET MANAGEMENT54,898 sh	54,898	$2.6M
PETRA FINANCIAL ADVISORS29,767 sh	29,767	$1.4M
Andina Capital Management19,509 sh	19,509	$931.0K
O'SHAUGHNESSY ASSET MANAGEMENT18,122 sh	18,122	$864.8K
Strategic Financial Concepts26,965 sh	26,965	$855.2K
Sepio Capital11,465 sh	11,465	$547.1K
Marex Group plc11,400 sh	11,400	$544.0K
Gradient Investments7,432 sh	7,432	$354.7K
Lido Advisors6,729 sh	6,729	$321.1K
Clay Northam Wealth Management6,721 sh	6,721	$320.7K
CSS6,470 sh	6,470	$308.7K
MILLENNIUM MANAGEMENT6,400 sh	6,400	$304.8K
Addison Advisors6,135 sh	6,135	$292.8K
Bay Colony Advisory Group, d/b/a Bay Colony Advisors6,092 sh	6,092	$290.7K
Greykasell Wealth Strategies6,075 sh	6,075	$289.9K
Texas Yale Capital5,975 sh	5,975	$285.1K
HRT FINANCIAL5,886 sh	5,886	$280.0K
GREAT VALLEY ADVISOR GROUP5,500 sh	5,500	$262.7K
Wealth Quarterback5,482 sh	5,482	$261.6K
Apollon Wealth Management5,353 sh	5,353	$255.4K
Fulcrum Equity Management5,018 sh	5,018	$239.5K
Kovack Advisors4,833 sh	4,833	$233.6K
Global Assets Advisory4,839 sh	4,839	$230.9K
Grandview Asset Management4,800 sh	4,800	$229.1K
Forvis Mazars Wealth Advisors4,755 sh	4,755	$226.9K
Gateway Wealth Partners4,700 sh	4,700	$224.3K
ABLE Financial Group4,506 sh	4,506	$215.0K
AlphaStar Capital Management4,445 sh	4,445	$212.1K
Suncoast Equity Management4,440 sh	4,440	$211.9K
Accent Capital Management4,300 sh	4,300	$211.3K
Expressive Wealth4,300 sh	4,300	$211.3K
Western Wealth Management4,275 sh	4,275	$204.0K
Sowell Financial Services4,260 sh	4,260	$203.3K
Golden State Equity Partners3,144 sh	3,144	$150.0K
Destiny Wealth Partners2,851 sh	2,851	$136.1K
Sound Income Strategies1,439 sh	1,439	$69.6K
Missouri & Investment875 sh	875	$41.8K
Clarity Asset Management68 sh	68	$3.3K

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.