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Sprott Physical Silver Trust

80 hedge funds and large institutions have $60.2M invested in Sprott Physical Silver Trust in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $57.2M → $60.2M (+$3.05M)

6% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 17

0.89% less ownership

Funds ownership: 6.13%5.24% (-0.89%)

8% less funds holding

Funds holding: 8780 (-7)

38% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 16

Holders
80
Holders Change
-7
Holders Change %
-8.05%
% of All Funds
2.13%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
18
Reduced
17
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MFS
26
MSI Financial Services
Massachusetts
$246K -$18K -3,092 -7%
Creative Planning
27
Creative Planning
Kansas
$240K +$218K +37,400 +2,877%
OA
28
Oxbow Advisors
Texas
$175K
William Blair & Company
29
William Blair & Company
Illinois
$172K
SBIA
30
Sheaff Brock Investment Advisors
Indiana
$163K -$19.6K -3,361 -11%
PFBT
31
Parkside Financial Bank & Trust
Missouri
$157K
BF
32
BOK Financial
Oklahoma
$156K
1832 Asset Management
33
1832 Asset Management
Ontario, Canada
$155K
PHS
34
Pekin Hardy Strauss
Illinois
$143K -$237K -40,600 -64%
BW
35
Bison Wealth
Georgia
$134K
DI
36
Diligent Investors
California
$129K
Stifel Financial
37
Stifel Financial
Missouri
$121K +$47.8K +8,200 +72%
AWA
38
Arete Wealth Advisors
Illinois
$117K
CIBC World Market
39
CIBC World Market
Ontario, Canada
$105K +$98.5K +16,912 New
MC
40
Moors & Cabot
Massachusetts
$103K +$15.7K +2,700 +19%
LW
41
Linscomb Wealth
Texas
$101K
FIM
42
Frontier Investment Management
Texas
$100K
Deutsche Bank
43
Deutsche Bank
Germany
$97K
CSIC
44
Clifford Swan Investment Counsel
California
$95K
MFW
45
Meristem Family Wealth
Minnesota
$87K -$1.75K -300 -2%
AIA
46
Allegis Investment Advisors
Idaho
$86K
SHCM
47
Stokes & Hubbell Capital Management
Louisiana
$83K -$23.3K -4,000 -23%
CB
48
Chemical Bank
Michigan
$82K -$1.55K -266 -2%
JP Morgan Chase
49
JP Morgan Chase
New York
$80K
FNBT
50
FineMark National Bank & Trust
Florida
$79K -$20.4K -3,500 -21%

PSLV Hedge Fund Activity: Q1 2016 in Review

80 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q1 2016, worth a combined $60.2M — up 5.3% from $57.2M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of PSLV and 10 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 18 added.

The largest buyer was Wells Fargo, adding an estimated $1.31M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $5.15M sold.

  • 80 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q1 2016, down from 87 in Q4 2015.
  • Funds reported $60.2M of Sprott Physical Silver Trust stock for Q1 2016, up 5.3% quarter-over-quarter.
  • 10 funds opened new Sprott Physical Silver Trust positions in Q1 2016 and 16 closed out, a net change of -6 holders.
  • The largest Sprott Physical Silver Trust buyer in Q1 2016 was Wells Fargo, an estimated $1.31M added.
  • The largest Sprott Physical Silver Trust seller in Q1 2016 was Polar Asset Management Partners, an estimated $5.15M sold.

Based on aggregated 13F filings for Q1 2016.