Sprott Fds Tr (NIKL) Hedge Fund Ownership (Q2 2026)

Sprott Fds Tr (NIKL)

25 + Investors. Track Smart Money conviction in NIKL. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — NIKL

Based on 25 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds reduced or closed their NIKL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

📊

High ownership — 74% of 3.0Y peak

74% of all-time peak

25 funds currently hold this stock — 74% of the 3.0-year high of 34 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

🚀

Fast accumulation — +525% more funds vs a year ago

fund count last 6Q

+21 new funds entered over the past year (+525% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🔴

Heavy selling pressure — only 35% buying

9 buying17 selling

Last quarter: 17 funds sold vs only 9 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 1 → 15 → 18 → 3. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔄

Mostly new holders — 76% entered in last year

■ 4% conviction (2yr+) ■ 20% medium ■ 76% new

Only 1 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

💎

Buying through price weakness — shares -18%, value -33%

Value

-33%

-18%

Last quarter: funds added -18% more shares while total portfolio value only changed -33%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

➡️

Steady discovery — ~3 new funds/quarter

2 → 1 → 15 → 18 → 3 new funds/Q

New funds entering each quarter: 1 → 15 → 18 → 3. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🌱

Early stage — 80% of holders entered in last year

■ 8% veterans ■ 12% 1-2yr ■ 80% new

Of 25 current holders: 20 (80%) entered in the past year, only 2 (8%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.

✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds

7 of 25 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

6.3

out of 10

Moderate Exit Risk

Exit risk score 6.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	25	34	-26.47%
13F Shares	1M	2M	-18.17%
Total Value	$16M	$25M	-33.42%
New Positions	3	18	-15
Increased Positions	6	6	-
Closed Positions	12	1	+11
Reduced Positions	5	4	+1
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

-26.47%

13F Shares

-18.17%

Total Value

$16M

$25M

-33.42%

New Positions

-15

Increased Positions

Closed Positions

+11

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

25 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NIKL. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 23 NIKL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Militia Capital Management LLC	0.36%	220,800	$3.5M
2	Nwam LLC	0.15%	243,505	$3.1M
3	Nano Cap New Millennium Growth Fund L P	0.11%	11,000	$140K
4	O'Brien Greene & Co. Inc	0.05%	14,693	$187K
5	Massar Capital Management, LP	0.05%	40,876	$519K
6	Sprott INC.	0.02%	46,815	$594K
7	Hancock Prospecting Pty Ltd	0.02%	70,000	$889K
8	Moors & Cabot, Inc.	0.01%	12,250	$155K
9	CENTRAL TRUST Co	0.01%	22,454	$285K
10	Valley National Advisers Inc	0.00%	1,716	$22K
11	AdvisorNet Financial, Inc	0.00%	3,065	$39K
12	Cetera Investment Advisers	0.00%	98,665	$1.3M
13	Highline Wealth Partners LLC	0.00%	200	$3K
14	Bank of Montreal /Can/	0.00%	91,092	$1.2M
15	Jane Street Group, LLC	0.00%	250,071	$3.2M
16	D. E. Shaw & Co., Inc.	0.00%	24,244	$308K
17	Raymond James Financial Inc	0.00%	21,135	$268K
18	Susquehanna International Group, LLP	0.00%	43,561	$553K
19	UBS Group AG	0.00%	13,401	$170K
20	National Bank of Canada /Fi/	0.00%	700	$9K
21	Morgan Stanley	0.00%	6,299	$80K
22	Royal Bank of Canada	0.00%	1,723	$22K
23	Federation des caisses Desjardins du Quebec	0.00%	45	—

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Sprott Fds Tr (NIKL)

What does the Smart Money Trend signal show for NIKL?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NIKL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for NIKL?

Heavy selling pressure — only 35% buying: Last quarter: 17 funds sold vs only 9 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for NIKL holders?

Strong quality — 30% AUM from major funds: 7 of 25 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held NIKL?

Mostly new holders — 76% entered in last year: Only 1 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Sprott Fds Tr (NIKL)

Smart Money Signals — NIKL

Selling streak — 1 quarter in a row

High ownership — 74% of 3.0Y peak

Fast accumulation — +525% more funds vs a year ago

Heavy selling pressure — only 35% buying

Fewer new buyers each quarter (-15 vs last Q)

Mostly new holders — 76% entered in last year

Buying through price weakness — shares -18%, value -33%

Steady discovery — ~3 new funds/quarter

Early stage — 80% of holders entered in last year

Strong quality — 30% AUM from major funds

Institutional Sentiment Summary — NIKL

Hedge Fund Ownership: NIKL

Market Analysis: NIKL

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: NIKL

Hedge Fund Positioning: NIKL

Statistics: NIKL

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Sprott Fds Tr (NIKL)

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