Sprott Physical Silver Trust
PSLV
97 hedge funds and large institutions have $113M invested in Sprott Physical Silver Trust in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
15% more capital invested
Capital invested by funds: $97.5M → $113M (+$15.1M)
5% more funds holding
Funds holding: 92 → 97 (+5)
1.44% more ownership
Funds ownership: 10.24% → 11.68% (+1.4%)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$9.77M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$5.51M |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
+$5.31M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$875K |
| 5 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$799K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$3.56M |
| 2 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$2.75M |
| 3 |
Morgan Stanley
New York
|
-$1.71M |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
-$674K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$586K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
101
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$86K | -13,535 | Closed |
|
|
TNB
102
Thomasville National Bank
Thomasville,
Georgia
| – | -$77K | -12,330 | Closed |
|
|
ABC
103
Associated Banc-Corp
Green Bay,
Wisconsin
| – | -$75K | -12,000 | Closed |
|
|
MA
104
MUFG Americas
New York
| – | -$69K | -11,000 | Closed |
|
|
BFA
105
Beaumont Financial Advisors
Needham,
Massachusetts
| – | -$65K | -10,401 | Closed |
|
106
MML Investors Services
Springfield,
Massachusetts
| – | -$64K | -10,248 | Closed |
|
107
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$47K | -7,552 | Closed |
|
|
NFG
108
Next Financial Group
Houston,
Texas
| – | -$10K | -1,555 | Closed |
|
109
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$19 | -3 | -5% |
|
PSLV Hedge Fund Activity: Q4 2017 in Review
97 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q4 2017, worth a combined $113M — up 15% from $97.5M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PSLV positions and 10 closed out — a net gain of 5 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $9.77M. The largest seller was Federation des caisses Desjardins du Quebec, cutting an estimated $3.56M.
- 97 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q4 2017, up from 92 in Q3 2017.
- Funds reported $113M of Sprott Physical Silver Trust stock for Q4 2017, up 15% quarter-over-quarter.
- 15 funds opened new Sprott Physical Silver Trust positions in Q4 2017 and 10 closed out, a net change of +5 holders.
- The largest Sprott Physical Silver Trust buyer in Q4 2017 was Polar Asset Management Partners, an estimated $9.77M added.
- The largest Sprott Physical Silver Trust seller in Q4 2017 was Federation des caisses Desjardins du Quebec, an estimated $3.56M sold.
Based on aggregated 13F filings for Q4 2017.