Sprott Physical Silver TrustPSLV
About: Sprott Physical Silver Trust is a closed-end mutual fund trust, created to invest and hold substantially all of its assets in physical silver bullion. The Trust seeks to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust achieves its objective by investing mainly in long-term holdings of unencumbered, fully allocated, physical silver bullion and does not speculate with regard to short-term changes in silver prices.
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
94% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 77
88% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 25
7% more capital invested
Capital invested by funds: $1.48B [Q1] → $1.59B (+$105M) [Q2]
3% more funds holding
Funds holding: 377 [Q1] → 390 (+13) [Q2]
0.59% less ownership
Funds ownership: 24.56% [Q1] → 23.97% (-0.59%) [Q2]
25% less funds holding in top 10
Funds holding in top 10: 12 [Q1] → 9 (-3) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for PSLV.
Financial journalist opinion









