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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
US Bancorp
76
US Bancorp
Minnesota
$6K
FANJ
77
Financial Architects (New Jersey)
New Jersey
$6K +$5.83K +1,000 New
Northwestern Mutual Wealth Management
78
Northwestern Mutual Wealth Management
Wisconsin
$6K +$5.83K +1,000 New
BBPWM
79
Blue Bell Private Wealth Management
Pennsylvania
$5K
TRCT
80
Tower Research Capital (TRC)
New York
$3K
AI
81
ArchPoint Investors
Florida
$2K
NFG
82
Next Financial Group
Texas
$2K
PAMP
83
Polar Asset Management Partners
Ontario, Canada
-$5.15M -977,764 Closed
CS
84
Credit Suisse
Switzerland
-$1.47M -278,345 Closed
VF
85
Virtu Financial
New York
-$880K -166,721 Closed
LFR
86
Lehman Financial Resources
Pennsylvania
-$486K -92,400 Closed
PP
87
Paloma Partners
Connecticut
-$396K -75,000 Closed
VKH
88
Virtu KCG Holdings
New York
-$213K -40,400 Closed
OMC
89
Old Mission Capital
Illinois
-$144K -27,328 Closed
Goldman Sachs
90
Goldman Sachs
New York
-$67K -12,733 Closed
Susquehanna International Group
91
Susquehanna International Group
Pennsylvania
-$65K -12,314 Closed
SWP
92
Stratos Wealth Partners
Ohio
-$55K -10,478 Closed
SPC
93
Sigma Planning Corp
Michigan
-$54K -10,231 Closed
TCM
94
Tanaka Capital Management
New York
-$21K -4,000 Closed
AA
95
Apriem Advisors
California
-$17K -3,246 Closed
AFP
96
Ausdal Financial Partners
Iowa
-$3K -500 Closed
ADL
97
Asset Dedication LLC
California
-$2K -400 Closed
IA
98
IFP Advisors
Florida
-$2K -358 Closed
Carson Wealth (CWM LLC)
99
Carson Wealth (CWM LLC)
Nebraska
+$105 +18 New

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.