Sprott Physical Gold Trust (PHYS) — Institutional Holders, Q2 2026
658 institutional investment managers reported a PHYS position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $4.4B. 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.
PHYS 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.
Biggest buyers
- Pekin Hardy StraussNew · +4,460,932 sh+$134.6M
- Weiss Asset ManagementAdded · +1,127,546 sh+$34.0M
- SUSQUEHANNA INTERNATIONAL GROUP, LLPAdded · +867,637 sh+$26.2M
- JPMORGAN CHASEAdded · +819,841 sh+$24.7M
- IMC-ChicagoAdded · +801,098 sh+$24.2M
Biggest sellers
- JANE STREET GROUPTrimmed · -651,449 sh-$19.7M
- WEALTH ENHANCEMENT ADVISORY SERVICESTrimmed · -449,335 sh-$13.6M
- Vident AdvisorySold out · -445,593 sh-$13.4M
- SCOTIA CAPITALTrimmed · -375,459 sh-$11.3M
- MORGAN STANLEYTrimmed · -295,553 sh-$8.9M
PHYS 13F holders ranked 1–100 of 658
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | ROYAL BANK OF CANADA#1 · 9,287,092 sh | 9,287,092 | $280.2M | 0.04% | +2.4% |
| 2 | CENTRAL#2 · 5,891,785 sh | 5,891,785 | $177.8M | 3.21% | +6.3% |
| 3 | Federation des caisses Desjardins du Quebec#3 · 5,889,428 sh | 5,889,428 | $177.2M | 0.54% | +1.2% |
| 4 | MORGAN STANLEY#4 · 5,242,209 sh | 5,242,209 | $158.2M | <0.01% | -5.3% |
| 5 | Heritage Wealth Advisors#5 · 4,706,640 sh | 4,706,640 | $142.0M | 4.87% | -1.8% |
| 6 | Pekin Hardy Strauss#6 · 4,460,932 sh | 4,460,932 | $134.6M | 11.86% | New |
| 7 | Evanson Financial#7 · 3,598,792 sh | 3,598,792 | $108.6M | — | — |
| 8 | JUPITER ASSET MANAGEMENT LTD#8 · 3,426,260 sh | 3,426,260 | $103.8M | 0.52% | +4.8% |
| 9 | IMC-Chicago#9 · 3,250,316 sh | 3,250,316 | $98.1M | 0.02% | +32.7% |
| 10 | Cambridge Investment Research Advisors#10 · 3,116,362 sh | 3,116,362 | $94.0M | 0.21% | +1.1% |
| 11 | CAPTRUST FINANCIAL ADVISORS#11 · 2,536,730 sh | 2,536,730 | $76.5M | 0.12% | +0.2% |
| 12 | LPL Financial#12 · 2,315,840 sh | 2,315,840 | $69.9M | 0.02% | -1.9% |
| 13 | Bleakley Financial Group#13 · 2,234,144 sh | 2,234,144 | $67.4M | 0.86% | +0.6% |
| 14 | MATAURO#14 · 2,119,854 sh | 2,119,854 | $64.0M | 8.46% | +2.6% |
| 15 | SPROTT#15 · 2,054,043 sh | 2,054,043 | $62.0M | 1.96% | -2.6% |
| 16 | Kestra Advisory Services#16 · 1,980,953 sh | 1,980,953 | $59.8M | 0.19% | +47.0% |
| 17 | RAYMOND JAMES FINANCIAL#17 · 1,976,995 sh | 1,976,995 | $59.6M | 0.02% | -1.5% |
| 18 | ENVESTNET ASSET MANAGEMENT#18 · 1,711,864 sh | 1,711,864 | $51.6M | 0.01% | -5.1% |
| 19 | WELLS FARGO & COMPANY#19 · 1,680,632 sh | 1,680,632 | $50.7M | <0.01% | -5.2% |
| 20 | Cetera Investment Advisers#20 · 1,658,246 sh | 1,658,246 | $50.0M | 0.05% | -4.0% |
| 21 | SouthState Bank#21 · 1,651,138 sh | 1,651,138 | $49.8M | 2.08% | -4.9% |
| 22 | Weiss Asset Management#22 · 1,611,647 sh | 1,611,647 | $48.6M | 0.51% | +232.9% |
| 23 | GOLDMAN SACHS GROUP#23 · 1,525,066 sh | 1,525,066 | $46.0M | <0.01% | +12.5% |
| 24 | Beacon Pointe Advisors#24 · 1,510,702 sh | 1,510,702 | $45.6M | 0.21% | -2.9% |
| 25 | Forest Hill Capital#25 · 1,448,500 sh | 1,448,500 | $43.7M | 33.63% | 0.0% |
| 26 | WIT Partners Advisory Pte. Ltd.#26 · 1,401,170 sh | 1,401,170 | $42.3M | — | +48.9% |
| 27 | HighTower Advisors#27 · 1,397,071 sh | 1,397,071 | $42.1M | 0.04% | +8.6% |
| 28 | COMMONWEALTH EQUITY SERVICES#28 · 1,384,395 sh | 1,384,395 | $41.8M | 0.05% | -3.2% |
| 29 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT#29 · 1,352,007 sh | 1,352,007 | $40.8M | 0.02% | +69.1% |
| 30 | OSAIC#30 · 1,135,838 sh | 1,135,838 | $34.3M | 0.04% | +39.3% |
| 31 | JPMORGAN CHASE#31 · 1,109,628 sh | 1,109,628 | $33.6M | <0.01% | +282.9% |
| 32 | Intesa Sanpaolo Wealth Management#32 · 1,076,705 sh | 1,076,705 | $32.5M | 6.50% | +114.0% |
| 33 | 3EDGE Asset Management#33 · 1,046,369 sh | 1,046,369 | $31.6M | 1.41% | +21.2% |
| 34 | Capital Wealth Alliance#34 · 967,562 sh | 967,562 | $29.2M | — | +1.1% |
| 35 | Auxano Advisors#35 · 929,843 sh | 929,843 | $28.1M | 5.32% | -7.7% |
| 36 | SUSQUEHANNA INTERNATIONAL GROUP, LLP#36 · 904,630 sh | 904,630 | $27.3M | <0.01% | +2345.4% |
| 37 | SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS#37 · 845,580 sh | 845,580 | $25.5M | 4.87% | -0.9% |
| 38 | VAN DEN BERG MANAGEMENT I#38 · 829,987 sh | 829,987 | $25.0M | 5.29% | -0.6% |
| 39 | BANK OF AMERICA#39 · 818,688 sh | 818,688 | $24.7M | <0.01% | -1.7% |
| 40 | CIBC WORLD MARKET#40 · 811,023 sh | 811,023 | $24.5M | 0.04% | +11.9% |
| 41 | Toroso Investments#41 · 774,770 sh | 774,770 | $23.4M | 0.04% | +70.5% |
| 42 | BANK OF MONTREAL#42 · 773,714 sh | 773,714 | $23.3M | <0.01% | +1.4% |
| 43 | STIFEL FINANCIAL#43 · 764,656 sh | 764,656 | $23.1M | 0.02% | -10.9% |
| 44 | TCP Asset Management#44 · 751,464 sh | 751,464 | $22.7M | — | +14.2% |
| 45 | Basepoint Wealth#45 · 730,965 sh | 730,965 | $22.1M | 12.62% | -7.3% |
| 46 | JANE STREET GROUP#46 · 724,931 sh | 724,931 | $21.9M | <0.01% | -47.3% |
| 47 | WEALTH ENHANCEMENT ADVISORY SERVICES#47 · 662,675 sh | 662,675 | $20.5M | — | -40.4% |
| 48 | Integrated Wealth Concepts#48 · 669,243 sh | 669,243 | $20.2M | 0.10% | +5.0% |
| 49 | LEAVELL INVESTMENT MANAGEMENT#49 · 623,701 sh | 623,701 | $18.8M | 0.69% | +3.7% |
| 50 | Spears Abacus Advisors#50 · 617,290 sh | 617,290 | $18.6M | 0.33% | 0.0% |
| 51 | Marex Group plc#51 · 613,413 sh | 613,413 | $18.5M | 0.08% | -3.4% |
| 52 | O'Brien Greene#52 · 591,138 sh | 591,138 | $17.8M | 4.92% | +1.7% |
| 53 | Private Advisor Group#53 · 583,775 sh | 583,775 | $17.6M | 0.08% | -8.6% |
| 54 | Cyndeo Wealth Partners#54 · 583,054 sh | 583,054 | $17.6M | — | +3.5% |
| 55 | Kingsview Wealth Management#55 · 578,626 sh | 578,626 | $17.5M | 0.21% | +7.9% |
| 56 | Wealthcare Advisory Partners#56 · 545,634 sh | 545,634 | $16.5M | — | +1.2% |
| 57 | Meixler Investment Management, Ltd.#57 · 544,154 sh | 544,154 | $16.4M | 9.07% | -0.8% |
| 58 | Fidelis Capital Partners#58 · 543,915 sh | 543,915 | $16.4M | 0.94% | 0.0% |
| 59 | NATIONAL BANK OF CANADA#59 · 522,965 sh | 522,965 | $15.6M | 0.01% | -24.5% |
| 60 | BIP Wealth#60 · 515,018 sh | 515,018 | $15.5M | — | +1.6% |
| 61 | TD Waterhouse Canada#61 · 497,860 sh | 497,860 | $15.1M | — | +7.9% |
| 62 | Laird Norton Wetherby Company#62 · 496,231 sh | 496,231 | $15.0M | 0.29% | -8.4% |
| 63 | K.J. Harrison & Partners#63 · 492,118 sh | 492,118 | $14.8M | 2.10% | -2.6% |
| 64 | JOHNSON INVESTMENT COUNSEL#64 · 477,408 sh | 477,408 | $14.4M | 0.11% | +4.5% |
| 65 | Sanctuary Advisors#65 · 475,285 sh | 475,285 | $14.3M | 0.07% | +1.8% |
| 66 | Prospera Financial Services#66 · 472,542 sh | 472,542 | $14.3M | 0.21% | -3.5% |
| 67 | Baird Financial Group#67 · 468,513 sh | 468,513 | $14.1M | 0.02% | -2.6% |
| 68 | Mountain Lake Investment Management#68 · 456,819 sh | 456,819 | $13.8M | 8.58% | +1.4% |
| 69 | WEALTHCARE CAPITAL MANAGEMENT#69 · 455,668 sh | 455,668 | $13.7M | — | -3.0% |
| 70 | Essential Partners#70 · 435,188 sh | 435,188 | $13.1M | — | +3.7% |
| 71 | HENGEHOLD CAPITAL MANAGEMENT#71 · 434,486 sh | 434,486 | $13.1M | — | -2.0% |
| 72 | Essex Financial Services#72 · 407,507 sh | 407,507 | $12.3M | 0.61% | +0.6% |
| 73 | Asset One Wealth Management#73 · 400,299 sh | 400,299 | $12.2M | 1.29% | +7.2% |
| 74 | Global Endowment Management#74 · 396,000 sh | 396,000 | $11.9M | 1.21% | 0.0% |
| 75 | SCOTIA CAPITAL#75 · 374,791 sh | 374,791 | $11.7M | 0.04% | -50.0% |
| 76 | Harbour Wealth Management Group#76 · 388,111 sh | 388,111 | $11.7M | 7.91% | +0.1% |
| 77 | Knoll Capital Management#77 · 387,055 sh | 387,055 | $11.7M | 6.51% | 0.0% |
| 78 | Farther Finance Advisors#78 · 382,275 sh | 382,275 | $11.5M | — | +0.9% |
| 79 | Accordant Advisory Group#79 · 380,102 sh | 380,102 | $11.5M | 7.73% | +0.4% |
| 80 | TRANSCEND WEALTH COLLECTIVE#80 · 376,280 sh | 376,280 | $11.4M | 0.77% | +0.8% |
| 81 | Guild Investment Management#81 · 367,845 sh | 367,845 | $11.1M | 7.58% | +1.4% |
| 82 | Summit Financial#82 · 360,966 sh | 360,966 | $10.9M | 0.12% | -9.6% |
| 83 | Ancora Advisors#83 · 347,907 sh | 347,907 | $10.5M | 0.20% | 0.0% |
| 84 | Kera Capital Partners#84 · 345,748 sh | 345,748 | $10.4M | 1.00% | -4.3% |
| 85 | TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES#85 · 342,711 sh | 342,711 | $10.3M | 0.04% | -8.7% |
| 86 | Ameritas Advisory Services#86 · 335,233 sh | 335,233 | $10.1M | 0.20% | +83.9% |
| 87 | Pacific Sage Partners#87 · 330,230 sh | 330,230 | $10.0M | — | +0.7% |
| 88 | MAI Capital Management#88 · 329,709 sh | 329,709 | $9.9M | 0.04% | +8.7% |
| 89 | Advisory Services Network#89 · 328,219 sh | 328,219 | $9.9M | 0.11% | -1.2% |
| 90 | TrustWell Financial Advisors#90 · 325,214 sh | 325,214 | $9.8M | — | -1.2% |
| 91 | INSIGNEO ADVISORY SERVICES#91 · 309,862 sh | 309,862 | $9.3M | 0.35% | +228.6% |
| 92 | PHILADELPHIA#92 · 303,867 sh | 303,867 | $9.2M | 0.59% | -0.2% |
| 93 | JP Wealth Management#93 · 298,830 sh | 298,830 | $9.0M | — | -30.9% |
| 94 | Janney Montgomery Scott#94 · 294,052 sh | 294,052 | $8.9M | 0.02% | -1.6% |
| 95 | Phraction Management#95 · 290,467 sh | 290,467 | $8.8M | — | +9.0% |
| 96 | Proactive Wealth Strategies#96 · 287,086 sh | 287,086 | $8.7M | 1.39% | 0.0% |
| 97 | Foundations Investment Advisors#97 · 276,021 sh | 276,021 | $8.3M | 0.09% | +881.5% |
| 98 | World Investment Advisors#98 · 234,493 sh | 234,493 | $8.3M | 0.14% | -4.3% |
| 99 | Walser Wealth Management Company, A Ltd Liability#99 · 270,123 sh | 270,123 | $8.1M | — | +1120.5% |
| 100 | MONEY CONCEPTS CAPITAL#100 · 269,765 sh | 269,765 | $8.1M | 0.38% | -2.4% |
Funds that sold out of PHYS in Q2 2026 (66)
Held PHYS 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.
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.