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Sprott Physical Silver Trust

80 hedge funds and large institutions have $39.4M invested in Sprott Physical Silver Trust in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 25 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 10

0.59% less ownership

Funds ownership: 6%5.4% (-0.59%)

2% less funds holding

Funds holding: 8280 (-2)

17% less capital invested

Capital invested by funds: $47.3M → $39.4M (-$7.94M)

44% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 25

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
80
Holders Change
-2
Holders Change %
-2.44%
% of All Funds
2.23%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
11
Increased
14
Reduced
25
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MA
26
MUFG Americas
New York
$319K -$17.4K -3,000 -5%
CNB
27
City National Bank
California
$299K
VKH
28
Virtu KCG Holdings
New York
$277K +$284K +48,931 New
HCM
29
Highlander Capital Management
New Jersey
$273K -$61.1K -10,550 -18%
Bank of Montreal
30
Bank of Montreal
Ontario, Canada
$259K -$41.7K -7,200 -14%
Commonwealth Equity Services
31
Commonwealth Equity Services
Massachusetts
$238K -$7.54K -1,300 -3%
NPC
32
National Planning Corporation
California
$225K -$272 -47 -0.1%
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$216K
LTFS
34
Ladenburg Thalmann Financial Services
Florida
$178K -$201K -34,715 -53%
William Blair & Company
35
William Blair & Company
Illinois
$176K
HH
36
Hilltop Holdings
Texas
$173K +$9.85K +1,700 +6%
OA
37
Oxbow Advisors
Texas
$160K
MFS
38
MSI Financial Services
Massachusetts
$157K -$43.6K -7,520 -21%
PFBT
39
Parkside Financial Bank & Trust
Missouri
$143K -$145K -25,000 Closed
BF
40
BOK Financial
Oklahoma
$143K
1832 Asset Management
41
1832 Asset Management
Ontario, Canada
$143K +$145K +25,000 New
BW
42
Bison Wealth
Georgia
$141K +$144K +24,821 New
JP Morgan Chase
43
JP Morgan Chase
New York
$129K +$132K +22,803 New
DI
44
Diligent Investors
California
$128K
AWA
45
Arete Wealth Advisors
Illinois
$107K
YP
46
Yellowstone Partners
Idaho
$101K -$59.4K -10,252 -36%
LW
47
Linscomb Wealth
Texas
$93K +$94.7K +16,340 New
FIM
48
Frontier Investment Management
Texas
$91K
Deutsche Bank
49
Deutsche Bank
Germany
$88K
CSIC
50
Clifford Swan Investment Counsel
California
$86K

PSLV Hedge Fund Activity: Q3 2015 in Review

80 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q3 2015, worth a combined $39.4M — down 17% from $47.3M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new PSLV positions and 10 closed out — a net gain of 1 holder — while 14 added to existing stakes and 25 trimmed.

The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $981K. The largest seller was Polar Asset Management Partners, cutting an estimated $1.17M.

  • 80 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q3 2015, down from 82 in Q2 2015.
  • Funds reported $39.4M of Sprott Physical Silver Trust stock for Q3 2015, down 17% quarter-over-quarter.
  • 11 funds opened new Sprott Physical Silver Trust positions in Q3 2015 and 10 closed out, a net change of +1 holder.
  • The largest Sprott Physical Silver Trust buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $981K added.
  • The largest Sprott Physical Silver Trust seller in Q3 2015 was Polar Asset Management Partners, an estimated $1.17M sold.

Based on aggregated 13F filings for Q3 2015.