Sprott Physical Silver Trust
PSLV
73 hedge funds and large institutions have $68.8M invested in Sprott Physical Silver Trust in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.38% less ownership
Funds ownership: 6.76% → 6.38% (-0.38%)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
4% less funds holding
Funds holding: 76 → 73 (-3)
24% less capital invested
Capital invested by funds: $91M → $68.8M (-$22.1M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.16M |
| 2 |
CNB
City National Bank
Beverly Hills,
California
|
+$290K |
| 3 |
Jane Street
New York
|
+$163K |
| 4 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$147K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$3.03M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$443K |
| 3 |
Barclays
London,
United Kingdom
|
-$406K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$347K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$331K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWP
76
Private Wealth Partners
Mill Valley,
California
| – | -$273K | -34,800 | Closed |
|
|
LFR
77
Lehman Financial Resources
Media,
Pennsylvania
| – | -$248K | -31,642 | Closed |
|
|
WS
78
Wedbush Securities
Los Angeles,
California
| – | -$171K | -21,825 | Closed |
|
|
MFW
79
Meristem Family Wealth
Minnetonka,
Minnesota
| – | -$128K | -16,300 | Closed |
|
80
Truist Financial
Charlotte,
North Carolina
| – | -$109K | -13,900 | Closed |
|
81
Citadel Advisors
Miami,
Florida
| – | -$99K | -12,628 | Closed |
|
PSLV Hedge Fund Activity: Q2 2014 in Review
73 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q2 2014, worth a combined $68.8M — down 24% from $91M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PSLV and 5 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 21 added.
The largest buyer was Bank of America, adding an estimated $1.16M. The largest seller was Sprott Inc, cutting an estimated $3.03M.
- 73 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q2 2014, down from 76 in Q1 2014.
- Funds reported $68.8M of Sprott Physical Silver Trust stock for Q2 2014, down 24% quarter-over-quarter.
- 5 funds opened new Sprott Physical Silver Trust positions in Q2 2014 and 8 closed out, a net change of -3 holders.
- The largest Sprott Physical Silver Trust buyer in Q2 2014 was Bank of America, an estimated $1.16M added.
- The largest Sprott Physical Silver Trust seller in Q2 2014 was Sprott Inc, an estimated $3.03M sold.
Based on aggregated 13F filings for Q2 2014.