Portola Group’s Sprott Physical Silver Trust PSLV Stock Holding History

Portola Group’s Portfolio PSLV Stock Details PSLV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	$4M	Sell	647,800 -40,750	-6%	-$259K	5.29%	3
2015 Q1	$4.46M	Sell	688,550 -73,900	-10%	-$489K	5.52%	3
2014 Q4	$4.69M	Sell	762,450 -29,700	-4%	-$196K	5.24%	3
2014 Q3	$5.45M	Sell	792,150 -26,300	-3%	-$209K	5.45%	3
2014 Q2	$6.93M	Sell	818,450 -24,500	-3%	-$192K	5.75%	2
2014 Q1	$6.61M	Sell	842,950 -348,600	-29%	-$2.86M	6.09%	2
2013 Q4	$9.01M	Sell	1,191,550 -102,500	-8%	-$847K	5.8%	2
2013 Q3	$11.3M	Sell	1,294,050 -34,300	-3%	-$293K	6.86%	2
2013 Q2	$10.3M	Buy	+1,328,350	New	+$12.1M	6.8%	2

Other funds holding PSLV

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

PAMP

Polar Asset Management Partners Toronto, Ontario, Canada $5.01B AUM 35.27% 1-Year Est. Return

Sprott Inc Toronto, Ontario, Canada $3.15B AUM 70.1% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $103B AUM 28.65% 1-Year Est. Return

ECM

Evergreen Capital Management Bellevue, Washington $5.7B AUM 32.06% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

BlackRock Advisors Wilmington, Delaware $98.8B AUM 15.8% 1-Year Est. Return

PAG

Private Advisor Group Morristown, New Jersey $21.8B AUM 28.57% 1-Year Est. Return

Portola Group's PSLV Position: Q2 2015 in Review

Portola Group reduced its Sprott Physical Silver Trust (PSLV) stake by 5.9% in Q2 2015, selling an estimated $259K and leaving 647,800 shares worth $4M. The position accounts for 5.29% of the portfolio, ranked #3.

Portola Group first reported a position in PSLV in Q2 2013 and has held it in 9 quarters since. The position peaked at $11.3M in Q3 2013. 82 funds tracked by Wall St. Rank hold PSLV as of Q2 2015.

Portola Group held 647,800 shares of Sprott Physical Silver Trust worth $4M as of Q2 2015.
Portola Group sold 40,750 Sprott Physical Silver Trust shares in Q2 2015, an estimated $259K.
Sprott Physical Silver Trust made up 5.29% of Portola Group's portfolio in Q2 2015, its #3 holding.
Portola Group first reported a position in Sprott Physical Silver Trust in Q2 2013 and has held it in 9 quarters since.
Portola Group's Sprott Physical Silver Trust position peaked at $11.3M in Q3 2013.
82 funds tracked by Wall St. Rank held Sprott Physical Silver Trust as of Q2 2015.

Based on Portola Group's 13F filing for Q2 2015, filed 17 Jul 2015.