Sprott Physical Silver Trust
PSLV
97 hedge funds and large institutions have $109M invested in Sprott Physical Silver Trust in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 11 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
0.12% more ownership
Funds ownership: 11.68% → 11.8% (+0.12%)
0% more funds holding
Funds holding: 97 → 97 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
3% less capital invested
Capital invested by funds: $113M → $109M (-$3.54M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$9.99M |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
+$2.25M |
| 3 |
Morgan Stanley
New York
|
+$216K |
| 4 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$213K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$175K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.99M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.47M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.55M |
| 4 |
Jane Street
New York
|
-$1.27M |
| 5 |
Mariner
Overland Park,
Kansas
|
-$535K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JMPWA
101
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$394K | -62,200 | Closed |
|
102
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$291K | -45,888 | Closed |
|
103
First Eagle Investment Management
New York
| – | -$236K | -37,209 | Closed |
|
|
SC
104
Scotia Capital
Toronto,
Ontario, Canada
| – | -$163K | -25,670 | Closed |
|
|
NIM
105
Northeast Investment Management
Boston,
Massachusetts
| – | -$109K | -17,241 | Closed |
|
106
UBS Group
Zurich,
Switzerland
| – | -$41K | -6,480 | Closed |
|
|
TCOV
107
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$39K | -6,200 | Closed |
|
|
SWP
108
Strategic Wealth Partners
Independence,
Ohio
| – | -$4K | -500 | Closed |
|
|
NPC
109
National Planning Corporation
El Segundo,
California
| – | -$1.14K | -179 | Closed |
|
PSLV Hedge Fund Activity: Q1 2018 in Review
97 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q1 2018, worth a combined $109M — down 3.1% from $113M a quarter earlier.
Fund positioning in PSLV was balanced in Q1 2018: 11 funds opened new positions, 11 closed out, 26 added to existing stakes and 23 trimmed.
The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $9.99M. The largest seller was Polar Asset Management Partners, cutting an estimated $3.99M.
- 97 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $109M of Sprott Physical Silver Trust stock for Q1 2018, down 3.1% quarter-over-quarter.
- 11 funds opened new Sprott Physical Silver Trust positions in Q1 2018 and 11 closed out, a net change of 0 holders.
- The largest Sprott Physical Silver Trust buyer in Q1 2018 was Federation des caisses Desjardins du Quebec, an estimated $9.99M added.
- The largest Sprott Physical Silver Trust seller in Q1 2018 was Polar Asset Management Partners, an estimated $3.99M sold.
Based on aggregated 13F filings for Q1 2018.