Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Sprott Physical Copper Trust (SPHCF)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +36
Streak
1Q ▲
Buyers last Q
95%

Smart Money Signals — SPHCF

Based on 39 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 1Q
For 1 consecutive quarter, more hedge funds added SPHCF than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
39 hedge funds hold SPHCF right now — the highest count in 0.5 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🟢

More buyers than sellers — 95% buying

37 buying2 selling
Last quarter: 37 funds were net buyers (37 opened a brand new position + 0 added to an existing one). Only 2 were sellers (1 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.
🔄

Mostly new holders — 100% entered in last year

■ 0% conviction (2yr+) ■ 0% medium ■ 100% new
Only 0 funds (0%) 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.
💰

Value +204448% but shares only +4919% — price-driven

Value
+204448%
Shares
+4919%
Last quarter: the total dollar value of institutional holdings rose +204448%, but actual share count only changed +4919%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new
Of 39 current holders: 39 (100%) entered in the past year, only 0 (0%) 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 — 25% AUM from major funds

25% from top-100 AUM funds
8 of 39 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.5
out of 10
Moderate Exit Risk
Exit risk score 5.5/10 — 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.

Institutional Sentiment Summary — SPHCF

In 2026 Q2, 37 hedge funds were net buyers of SPHCF (37 opened a brand-new position), while 2 reduced or exited (1 trimmed, 1 sold completely) — a 95% buyer ratio, indicating clear institutional accumulation. 25% of total institutional value in SPHCF is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +36 funds (more new holders than closures). Total institutional holders: 39.

Hedge Fund Ownership: SPHCF

How many hedge funds hold SPHCF — quarterly history vs. share price
Quarterly hedge fund ownership of SPHCF vs. share price

Market Analysis: SPHCF

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPHCF

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: SPHCF
39 + Investors

Track Smart Money conviction in SPHCF. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 39 3 1200.0%
13F Shares 6M 124K 4919.01%
Total Value $70M $34K 204448.18%
New Positions 37 3 +34
Increased Positions 0 0 -
Closed Positions 1 0 +1
Reduced Positions 1 0 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SPHCF

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
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Total Cash (mrq) --
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Institutional Holders (2026 Q2)

39 + investors

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

QUARTER:
Top 25 SPHCF holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sprott INC. 0.40% 1,084,885 $12.5M
2 Trek Financial, LLC 0.27% 472,666 $5.4M
3 Pekin Hardy Strauss, Inc. 0.15% 145,012 $1.7M
4 K.J. Harrison & Partners Inc 0.10% 62,500 $710K
5 Alps Advisors Inc 0.07% 1,280,883 $14.7M
6 Flynn Zito Capital Management, LLC 0.06% 20,172 $230K
7 Regency Capital Management Inc.\DE 0.06% 13,000 $150K
8 Waterloo Capital, L.P. 0.03% 42,461 $483K
9 Quadrature Capital Ltd 0.01% 143,800 $1.6M
10 Tidal Investments LLC 0.01% 531,790 $6.0M
11 Main Street Group, LTD 0.01% 2,950 $34K
12 Cetera Investment Advisers 0.00% 294,818 $3.4M
13 Brookstone Capital Management 0.00% 20,632 $235K
14 Pictet Asset Management Holding SA 0.00% 195,477 $2.2M
15 Federation des caisses Desjardins du Quebec 0.00% 43,500 $492K
16 Rockefeller Capital Management L.P. 0.00% 55,700 $634K
17 TD Waterhouse Canada Inc. 0.00% 27,461 $315K
18 Kestra Advisory Services, LLC 0.00% 19,750 $225K
19 Goldman Sachs Group Inc 0.00% 637,842 $7.3M
20 Royal Bank of Canada 0.00% 371,121 $4.2M
21 Wealth Enhancement Advisory Services, LLC 0.00% 28,400 $304K
22 Envestnet Asset Management Inc 0.00% 185,731 $2.1M
23 Hollencrest Capital Management 0.00% 530 $6K
24 Steward Partners Investment Advisory, LLC 0.00% 4,000 $46K
25 Stifel Financial Corp 0.00% 22,839 $260K
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 Physical Copper Trust (SPHCF)

What does the Smart Money Trend signal show for SPHCF?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added SPHCF than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for SPHCF?

More buyers than sellers — 95% buying: Last quarter: 37 funds were net buyers (37 opened a brand new position + 0 added to an existing one). Only 2 were sellers (1 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SPHCF holders?

Strong quality — 25% AUM from major funds: 8 of 39 holders rank in the top 100 by AUM, accounting for 25% 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 SPHCF?

Mostly new holders — 100% entered in last year: Only 0 funds (0%) 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.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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