Sprott Physical Silver Trust
PSLV
298 hedge funds and large institutions have $1.18B invested in Sprott Physical Silver Trust in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 92 increasing their positions, 62 reducing their positions, and 25 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 62
25% more capital invested
Capital invested by funds: $947M → $1.18B (+$233M)
1.52% more ownership
Funds ownership: 18.89% → 20.41% (+1.5%)
3% less funds holding
Funds holding: 306 → 298 (-8)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$88.1M |
| 2 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$21.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.28M |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$2.01M |
| 5 |
LPL Financial
San Diego,
California
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DPRC
Deer Park Road Corp
Steamboat Springs,
Colorado
|
-$26.9M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$18.8M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$7.67M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$2.49M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$1.38M |
PSLV Hedge Fund Activity: Q1 2023 in Review
298 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q1 2023, worth a combined $1.18B — up 25% from $947M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of PSLV and 22 opened new positions — a net loss of 3 holders — while 62 trimmed existing stakes and 92 added.
The largest buyer was BlackRock, adding an estimated $88.1M. The largest seller was Deer Park Road Corp, exiting entirely with an estimated $26.9M sold.
- 298 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q1 2023, down from 306 in Q4 2022.
- Funds reported $1.18B of Sprott Physical Silver Trust stock for Q1 2023, up 25% quarter-over-quarter.
- 22 funds opened new Sprott Physical Silver Trust positions in Q1 2023 and 25 closed out, a net change of -3 holders.
- The largest Sprott Physical Silver Trust buyer in Q1 2023 was BlackRock, an estimated $88.1M added.
- The largest Sprott Physical Silver Trust seller in Q1 2023 was Deer Park Road Corp, an estimated $26.9M sold.
Based on aggregated 13F filings for Q1 2023.