Sprott Physical Silver Trust
PSLV
85 hedge funds and large institutions have $73.2M invested in Sprott Physical Silver Trust in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 17 closing their positions.
1.25% more ownership
Funds ownership: 6.94% → 8.19% (+1.3%)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
1% less capital invested
Capital invested by funds: $74.3M → $73.2M (-$1.1M)
7% less funds holding
Funds holding: 91 → 85 (-6)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$5.52M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.28M |
| 3 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$1.91M |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
+$1.42M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$775K |
| 2 |
Morgan Stanley
New York
|
-$750K |
| 3 |
PWP
Private Wealth Partners
Mill Valley,
California
|
-$739K |
| 4 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
-$542K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$455K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
TD Asset Management
Toronto,
Ontario, Canada
| – | -$66K | -10,000 | Closed |
|
|
IWMPD
102
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$48K | -6,438 | Closed |
|
|
PA
103
Parallel Advisors
San Francisco,
California
| – | +$92 | +14 | New |
|
PSLV Hedge Fund Activity: Q4 2016 in Review
85 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q4 2016, worth a combined $73.2M — down 1.5% from $74.3M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PSLV and 13 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 24 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $5.52M. The largest seller was Evergreen Capital Management, cutting an estimated $775K.
- 85 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q4 2016, down from 91 in Q3 2016.
- Funds reported $73.2M of Sprott Physical Silver Trust stock for Q4 2016, down 1.5% quarter-over-quarter.
- 13 funds opened new Sprott Physical Silver Trust positions in Q4 2016 and 17 closed out, a net change of -4 holders.
- The largest Sprott Physical Silver Trust buyer in Q4 2016 was Polar Asset Management Partners, an estimated $5.52M added.
- The largest Sprott Physical Silver Trust seller in Q4 2016 was Evergreen Capital Management, an estimated $775K sold.
Based on aggregated 13F filings for Q4 2016.