We are live on ! Find out more
PSLV icon

Sprott Physical Silver Trust
PSLV

76 hedge funds and large institutions have $128M invested in Sprott Physical Silver Trust in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 16

13% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 15

3% more funds holding

Funds holding: 74 → 76 (+2)

2.53% less ownership

Funds ownership: 9.94% → 7.41% (-2.5%)

7% less capital invested

Capital invested by funds: $139M → $128M (-$10M)

33% less funds holding in top 10

Funds holding in top 10: 3 → 2 (-1)

Holders
76
Holders Change
+2
Holders Change %
+2.7%
% of All Funds
2.46%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
17
Increased
23
Reduced
16
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SI
Sprott Inc
Ontario, Canada
+$3.49M
2
Morgan Stanley
Morgan Stanley
New York
+$3.03M
3
JP Morgan Chase
JP Morgan Chase
New York
+$988K
4
LPL Financial
LPL Financial
California
+$911K
5
PHS
Pekin Hardy Strauss
Illinois
+$899K

Top Sellers

Rank Fund Capital Flow
1
WAM
Weiss Asset Management
Massachusetts
-$25M
2
PP
Paloma Partners
Connecticut
-$3.85M
3
DCM
Dialectic Capital Management
Connecticut
-$3.02M
4
PAMP
Polar Asset Management Partners
Ontario, Canada
-$2.48M
5
VF
Virtu Financial
New York
-$770K
Name Holding Trade Value Shares
Change 		Change in
Stake
MA
51
MUFG Americas
New York
$115K +$113K +13,200 New
FNBOO
52
First National Bank of Omaha
Nebraska
$110K – – –
CB
53
Commerce Bank
Missouri
$97K +$94.5K +11,060 New
LPT
54
Legacy Private Trust
Wisconsin
$96K – – –
BAAM
55
Baker Avenue Asset Management
California
$94K +$92K +10,760 New
Ameriprise
56
Ameriprise
Minnesota
$91K – – –
CWA
57
Convergent Wealth Advisors
Maryland
$87K +$85.5K +10,000 New
AIG
58
American International Group
New York
$76.9K -$96.4K -11,279 -56%
PSI
59
Pinnacle Summer Investments
Virginia
$71K – – –
WRM
60
Westport Resources Management
Connecticut
$54K +$52.8K +6,175 New
Citigroup
61
Citigroup
New York
$48K -$40.1K -4,693 -46%
Invesco
62
Invesco
Georgia
$48K – – –
SSB
63
Sandy Spring Bank
Maryland
$39K – – –
BCI
64
Brinker Capital Investments
Pennsylvania
$27K – – –
Deutsche Bank
65
Deutsche Bank
Germany
$24K +$12K +1,400 +100%
HI
66
Hudock Inc
Pennsylvania
$22K +$2.56K +300 +14%
FA
67
Financial Advantage
Maryland
$15K – – –
MFS
68
MSI Financial Services
Massachusetts
$13K – – –
US Bancorp
69
US Bancorp
Minnesota
$10K – – –
BFEC
70
Benjamin F. Edwards & Company
Missouri
$9K -$1.03K -120 -10%
FANJ
71
Financial Architects (New Jersey)
New Jersey
$9K – – –
M&T Bank
72
M&T Bank
New York
$9K – – –
GT
73
Glenmede Trust
Pennsylvania
$8K +$8.55K +1,000 New
LNB
74
Ledyard National Bank
$7K – – –
TRCT
75
Tower Research Capital (TRC)
New York
$7K +$6.84K +800 New
1 2
3
4

PSLV Hedge Fund Activity: Q3 2013 in Review

76 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q3 2013, worth a combined $128M — down 7.3% from $139M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PSLV positions and 15 closed out — a net gain of 2 holders — while 23 added to existing stakes and 16 trimmed.

The largest buyer was Sprott Inc, adding an estimated $3.49M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $25M sold.

  • 76 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q3 2013, up from 74 in Q2 2013.
  • Funds reported $128M of Sprott Physical Silver Trust stock for Q3 2013, down 7.3% quarter-over-quarter.
  • 17 funds opened new Sprott Physical Silver Trust positions in Q3 2013 and 15 closed out, a net change of +2 holders.
  • The largest Sprott Physical Silver Trust buyer in Q3 2013 was Sprott Inc, an estimated $3.49M added.
  • The largest Sprott Physical Silver Trust seller in Q3 2013 was Weiss Asset Management, an estimated $25M sold.

Based on aggregated 13F filings for Q3 2013.