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Sprott Physical Silver Trust

97 hedge funds and large institutions have $113M invested in Sprott Physical Silver Trust in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 10

15% more capital invested

Capital invested by funds: $97.5M → $113M (+$15.1M)

5% more funds holding

Funds holding: 9297 (+5)

1.44% more ownership

Funds ownership: 10.24%11.68% (+1.4%)

5% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 22

Holders
97
Holders Change
+5
Holders Change %
+5.43%
% of All Funds
2.2%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
23
Reduced
22
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$716K +$15.7K +2,499 +2%
SI
27
Sprott Inc
Ontario, Canada
$666K +$502 +80 +0.1%
PCP
28
Proficio Capital Partners
Massachusetts
$576K -$2.75M -438,274 -83%
LPL Financial
29
LPL Financial
California
$567K -$362K -57,675 -39%
Mariner
30
Mariner
Kansas
$535K
LTFS
31
Ladenburg Thalmann Financial Services
Florida
$504K -$45.6K -7,263 -8%
MC
32
Moors & Cabot
Massachusetts
$491K -$11.4K -1,822 -2%
Stifel Financial
33
Stifel Financial
Missouri
$477K +$1.88K +300 +0.4%
Cambridge Investment Research Advisors
34
Cambridge Investment Research Advisors
Iowa
$426K -$3.03K -483 -0.7%
JMPWA
35
JP Morgan Private Wealth Advisors
California
$394K +$390K +62,200 New
GWM
36
Geneos Wealth Management
Colorado
$389K +$8.15K +1,300 +2%
William Blair & Company
37
William Blair & Company
Illinois
$373K +$88.8K +14,150 +32%
SPC
38
Sigma Planning Corp
Michigan
$347K +$11.9K +1,900 +4%
Bank of America
39
Bank of America
North Carolina
$314K +$24.5K +3,900 +9%
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
$291K +$288K +45,888 New
Creative Planning
41
Creative Planning
Kansas
$250K +$3.58K +570 +1%
First Eagle Investment Management
42
First Eagle Investment Management
New York
$236K
HCM
43
Highlander Capital Management
New Jersey
$225K -$15.7K -2,500 -7%
AG
44
Advisor Group
Arizona
$217K +$8.15K +1,300 +4%
TSS
45
Two Sigma Securities
New York
$207K -$49.7K -7,928 -20%
OA
46
Oxbow Advisors
Texas
$179K
IIC
47
Ironwood Investment Counsel
Arizona
$170K
BF
48
BOK Financial
Oklahoma
$169K
PFBT
49
Parkside Financial Bank & Trust
Missouri
$168K
SC
50
Scotia Capital
Ontario, Canada
$163K +$161K +25,670 New

PSLV Hedge Fund Activity: Q4 2017 in Review

97 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q4 2017, worth a combined $113M — up 15% from $97.5M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new PSLV positions and 10 closed out — a net gain of 5 holders — while 23 added to existing stakes and 22 trimmed.

The largest buyer was Polar Asset Management Partners, adding an estimated $9.77M. The largest seller was Federation des caisses Desjardins du Quebec, cutting an estimated $3.56M.

  • 97 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q4 2017, up from 92 in Q3 2017.
  • Funds reported $113M of Sprott Physical Silver Trust stock for Q4 2017, up 15% quarter-over-quarter.
  • 15 funds opened new Sprott Physical Silver Trust positions in Q4 2017 and 10 closed out, a net change of +5 holders.
  • The largest Sprott Physical Silver Trust buyer in Q4 2017 was Polar Asset Management Partners, an estimated $9.77M added.
  • The largest Sprott Physical Silver Trust seller in Q4 2017 was Federation des caisses Desjardins du Quebec, an estimated $3.56M sold.

Based on aggregated 13F filings for Q4 2017.