Sprott Physical Silver Trust
PSLV
89 hedge funds and large institutions have $103M invested in Sprott Physical Silver Trust in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
41% more capital invested
Capital invested by funds: $73.2M → $103M (+$30M)
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
5% more funds holding
Funds holding: 85 → 89 (+4)
1.9% more ownership
Funds ownership: 8.19% → 10.09% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.75M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$727K |
| 3 |
Jane Street
New York
|
+$652K |
| 4 |
TCT
TIAA CREF Trust
St Louis,
Missouri
|
+$478K |
| 5 |
VF
Virtu Financial
New York
|
+$429K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.32M |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
-$1.11M |
| 3 |
Morgan Stanley
New York
|
-$760K |
| 4 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$274K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$259K |
PSLV Hedge Fund Activity: Q1 2017 in Review
89 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q1 2017, worth a combined $103M — up 41% from $73.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PSLV positions and 7 closed out — a net gain of 6 holders — while 24 added to existing stakes and 21 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $4.75M. The largest seller was Federated Hermes, cutting an estimated $3.32M.
- 89 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q1 2017, up from 85 in Q4 2016.
- Funds reported $103M of Sprott Physical Silver Trust stock for Q1 2017, up 41% quarter-over-quarter.
- 13 funds opened new Sprott Physical Silver Trust positions in Q1 2017 and 7 closed out, a net change of +6 holders.
- The largest Sprott Physical Silver Trust buyer in Q1 2017 was Polar Asset Management Partners, an estimated $4.75M added.
- The largest Sprott Physical Silver Trust seller in Q1 2017 was Federated Hermes, an estimated $3.32M sold.
Based on aggregated 13F filings for Q1 2017.