Sprott Physical Gold Trust (PHYS)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Matauro, Llc	2,064,346	$61,145,934	9.72%
2.	Cyndeo Wealth Partners, Llc	667,729	$19,778,134	1.1%
3.	Tcp Asset Management, Llc	576,152	$17,065,622	3.04%
4.	Smi Advisory Services, Llc	339,343	$10,132,783	1.92%
5.	Phraction Management Llc	222,427	$6,588,288	1.9%