Sprott Physical Silver Trust
PSLV
385 hedge funds and large institutions have $1.52B invested in Sprott Physical Silver Trust in 2025 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 129 increasing their positions, 80 reducing their positions, and 23 closing their positions.
83% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 23
63% more funds holding in top 10
Funds holding in top 10: 8 → 13 (+5)
61% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 80
11% more capital invested
Capital invested by funds: $1.36B → $1.52B (+$154M)
3% more funds holding
Funds holding: 372 → 385 (+13)
0.63% more ownership
Funds ownership: 24.5% → 25.13% (+0.63%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$15.2M |
| 2 |
BlackRock
New York
|
+$11.1M |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$10.9M |
| 4 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
+$10.1M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$8.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$27.1M |
| 2 |
Jane Street
New York
|
-$21.4M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$16.2M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$9.72M |
| 5 |
LAII
LM Asset (IM) Inc
Vancouver,
British Columbia, Canada
|
-$4.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
401
FNY Investment Advisers
New York
| – | -$80K | -8,319 | Closed |
|
|
FA
402
Fedenia Advisers
Madison,
Wisconsin
| – | -$33.8K | -3,505 | Closed |
|
|
CJ
403
Caitlin John
Brighton,
Michigan
| – | -$30.2K | -3,125 | Closed |
|
|
OWP
404
ORG Wealth Partners
Dallas,
Texas
| – | -$10.2K | -1,052 | Closed |
|
405
Jones Financial Companies
Des Peres,
Missouri
| – | -$7.72K | -800 | Closed |
|
|
AWM
406
Avior Wealth Management
Omaha,
Nebraska
| – | -$5.74K | -595 | Closed |
|
|
MA
407
Montag & Associates
Atlanta,
Georgia
| – | -$5.63K | -583 | Closed |
|
|
HWM
408
Hemington Wealth Management
Falls Church,
Virginia
| – | -$4K | -501 | Closed |
|
|
TAM
409
Tucker Asset Management
Littleton,
Colorado
| – | -$2.86K | -296 | Closed |
|
PSLV Hedge Fund Activity: Q1 2025 in Review
385 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q1 2025, worth a combined $1.52B — up 11% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PSLV positions and 23 closed out — a net gain of 19 holders — while 129 added to existing stakes and 80 trimmed.
The largest buyer was Jupiter Asset Management, adding an estimated $15.2M. The largest seller was Polar Asset Management Partners, cutting an estimated $27.1M.
- 385 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q1 2025, up from 372 in Q4 2024.
- Funds reported $1.52B of Sprott Physical Silver Trust stock for Q1 2025, up 11% quarter-over-quarter.
- 42 funds opened new Sprott Physical Silver Trust positions in Q1 2025 and 23 closed out, a net change of +19 holders.
- The largest Sprott Physical Silver Trust buyer in Q1 2025 was Jupiter Asset Management, an estimated $15.2M added.
- The largest Sprott Physical Silver Trust seller in Q1 2025 was Polar Asset Management Partners, an estimated $27.1M sold.
Based on aggregated 13F filings for Q1 2025.