SPPP Sprott Physical Platinum and Palladium Trust
NYSE ARCA · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Mar 16, 2026SPPP Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
SPPP Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Not enough fundamentals data to compute this ratio group yet.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | SPPP | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| ROA | 61.2%5Y avg ≈-2.4% | ≈-2.4% | · | · | |
| ROE | 61.8%5Y avg ≈-2.3% | ≈-2.3% | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
Not enough fundamentals data to compute this ratio group yet.
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Not enough fundamentals data to compute this ratio group yet.
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Not enough fundamentals data to compute this ratio group yet.
value · ≈ 5Y avg · industry median · verdict relative to median
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Profit | $294M | $-22M | $-35M | $-4M | $-30M | $25M | $39M | $8M | $35M | |
| Net Income | $290M | $-23M | $-36M | $-5M | $-32M | $23M | $38M | $7M | $34M | |
| Shares (Basic) | 28,587,347 | 13,934,975 | 10,198,824 | 9,901,240 | 8,299,012 | 6,976,031 | 8,605,467 | 11,183,502 | 13,701,904 |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $12M | $311.0K | $594.0K | $375.0K | $892.0K | $1M | $269.0K | $94.8K | $14.3K | |
| Total Assets | $781M | $168M | $117M | $138M | $132M | $127M | $118M | $102M | $125M | |
| Accounts Payable | $310.0K | $317.0K | $212.0K | $59.0K | $267.0K | $240.0K | $346.0K | $219.5K | $217.2K | |
| Total Liabilities | $9M | $317.0K | $212.0K | $59.0K | $638.0K | $240.0K | $346.0K | $219.5K | $217.2K | |
| Retained Earnings | $257M | $-33M | $-9M | $27M | $36M | $67M | $54M | $18M | $9M | |
| Stockholders' Equity | $772M | $167M | $116M | $138M | $132M | $127M | $118M | $102M | $125M |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $6M | $-1M | $-1M | $-2M | $-1M | $-1M | $-1M | $-1M | $-1M | |
| Investing Cash Flow | $-309M | $-73M | $-13M | $-23M | $-36M | $-9M | $-699.0K | $1M | $952.5K | |
| Financing Cash Flow | $315M | $74M | $14M | $24M | $37M | $11M | $2M | $-99.7K | $-56.5K |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 61.2% | -16.4% | -28.3% | -4.0% | -24.4% | 19.1% | 34.4% | 5.7% | 29.9% | |
| ROE | 61.8% | -16.4% | -28.3% | -4.0% | -24.5% | 19.1% | 34.5% | 5.8% | 30.0% |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income TTM | $290M | $-23M | $-36M | $-5M | $-32M | $23M | $38M | $7M | $34M |
Valuation (TTM)
| Metric | Trend | Q4 2016 | Q4 2015 | Q4 2014 | Q4 2013 | Q4 2012 |
|---|---|---|---|---|---|---|
| Net Income TTM | $10M | · | · | · | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Net Income | $290M | $-23M | $-36M | $-5M | $-32M |
Not enough fundamentals data to build this statement yet.
Not enough fundamentals data to build this statement yet.
Institutional owners (13F) 78 filers · $141.3M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 12 (-11 vs prior Q) | 10 (-1 vs prior Q) | 17 (-6 vs prior Q) | 25 (+6 vs prior Q) | -7K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| IMC-Chicago, LLC | $37,379,830 | 3,002,396 | 26.46% | Shares |
| GOLDMAN SACHS GROUP INC | $18,426,809 | 1,480,065 | 13.04% | Shares |
| Fielder Capital Group LLC | $11,027,264 | 885,724 | 7.80% | Shares |
| MORGAN STANLEY | $9,193,690 | 738,449 | 6.51% | Shares |
| Weiss Asset Management LP | $9,082,885 | 729,549 | 6.43% | Shares |
| Cedrus Wealth Group LLC | $7,315,284 | 587,573 | 5.18% | Shares |
| RAYMOND JAMES FINANCIAL INC | $7,217,685 | 579,734 | 5.11% | Shares |
| Nokomis Capital, L.L.C. | $6,807,834 | 546,814 | 4.82% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $5,126,624 | 411,777 | 3.63% | Shares |
| ROYAL BANK OF CANADA | $3,876,000 | 311,342 | 2.74% | Shares |
| OSAIC HOLDINGS, INC. | $2,233,711 | 179,420 | 1.58% | Shares |
| INSIGNEO ADVISORY SERVICES, LLC | $2,010,476 | 161,484 | 1.42% | Shares |
| OneDigital Investment Advisors LLC | $1,605,627 | 128,966 | 1.14% | Shares |
| STIFEL FINANCIAL CORP | $1,546,895 | 124,247 | 1.09% | Shares |
| Kestra Advisory Services, LLC | $1,399,069 | 112,375 | 0.99% | Shares |
| SPROTT INC. | $1,391,810 | 111,792 | 0.99% | Shares |
| Beacon Pointe Advisors, LLC | $1,310,014 | 105,222 | 0.93% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $1,291,451 | 103,731 | 0.91% | Shares |
| WOLVERINE ASSET MANAGEMENT LLC | $1,281,441 | 102,927 | 0.91% | Shares |
| LPL Financial LLC | $1,252,595 | 100,610 | 0.89% | Shares |
| HC Advisors, LLC | $787,338 | 63,240 | 0.56% | Shares |
| Federation des caisses Desjardins du Quebec | $708,750 | 57,195 | 0.50% | Shares |
| Wakefield Asset Management LLLP | $656,626 | 52,741 | 0.46% | Shares |
| Cetera Investment Advisers | $624,305 | 50,145 | 0.44% | Shares |
| Cerity Partners LLC | $500,179 | 40,175 | 0.35% | Shares |
| Cannell & Spears LLC | $435,750 | 35,000 | 0.31% | Shares |
| BANK OF MONTREAL /CAN/ | $432,475 | 34,727 | 0.31% | Shares |
| PRELUDE CAPITAL MANAGEMENT, LLC | $373,500 | 30,000 | 0.26% | Shares |
| JOHNSON INVESTMENT COUNSEL INC | $373,500 | 30,000 | 0.26% | Shares |
| Bayshore Capital Advisors, LLC | $333,660 | 26,800 | 0.24% | Shares |
| &PARTNERS | $313,740 | 25,200 | 0.22% | Shares |
| HUB Investment Partners, LLC | $311,250 | 25,000 | 0.22% | Shares |
| Pekin Hardy Strauss, Inc. | $303,406 | 24,370 | 0.21% | Shares |
| Main Street Financial Solutions, LLC | $289,463 | 23,250 | 0.20% | Shares |
| TOCQUEVILLE ASSET MANAGEMENT L.P. | $286,350 | 23,000 | 0.20% | Shares |
| Stratos Wealth Partners, LTD. | $280,486 | 22,529 | 0.20% | Shares |
| XTX Topco Ltd | $279,478 | 22,448 | 0.20% | Shares |
| NATIONAL BANK OF CANADA /FI/ | $269,996 | 23,603 | 0.19% | Shares |
| FIDELIS CAPITAL PARTNERS, LLC | $249,000 | 20,000 | 0.18% | Shares |
| COMMONWEALTH EQUITY SERVICES, LLC | $229,900 | 18,466 | 0.16% | Shares |
| Pettinga Financial Advisors LLC | $229,080 | 18,400 | 0.16% | Shares |
| JANE STREET GROUP, LLC | $217,253 | 17,450 | 0.15% | Shares |
| UBS Group AG | $190,435 | 15,296 | 0.13% | Shares |
| J.W. COLE ADVISORS, INC. | $173,678 | 13,950 | 0.12% | Shares |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | $162,240 | 12,866 | 0.11% | Shares |
| DAVENPORT & Co LLC | $145,529 | 11,689 | 0.10% | Shares |
| CIBC WORLD MARKET INC. | $141,187 | 11,304 | 0.10% | Shares |
| HighTower Advisors, LLC | $134,709 | 10,820 | 0.10% | Shares |
| Brookstone Capital Management | $129,219 | 10,379 | 0.09% | Shares |
| Prospera Financial Services Inc | $124,500 | 10,000 | 0.09% | Shares |
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