Sprott Physical Silver Trust
PSLV
112 hedge funds and large institutions have $141M invested in Sprott Physical Silver Trust in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 23 reducing their positions, and 13 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 23
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
1% more funds holding
Funds holding: 111 → 112 (+1)
0.03% more ownership
Funds ownership: 16.84% → 16.86% (+0.03%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less capital invested
Capital invested by funds: $176M → $141M (-$35.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$4.74M |
| 2 |
Morgan Stanley
New York
|
+$4.45M |
| 3 |
Jane Street
New York
|
+$916K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$721K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$534K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$7.37M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$2.69M |
| 3 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$2.07M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$1.37M |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$1.12M |
PSLV Hedge Fund Activity: Q1 2020 in Review
112 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q1 2020, worth a combined $141M — down 20% from $176M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PSLV positions and 13 closed out — a net gain of 5 holders — while 38 added to existing stakes and 23 trimmed.
The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $4.74M. The largest seller was Polar Asset Management Partners, cutting an estimated $7.37M.
- 112 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q1 2020, up from 111 in Q4 2019.
- Funds reported $141M of Sprott Physical Silver Trust stock for Q1 2020, down 20% quarter-over-quarter.
- 18 funds opened new Sprott Physical Silver Trust positions in Q1 2020 and 13 closed out, a net change of +5 holders.
- The largest Sprott Physical Silver Trust buyer in Q1 2020 was Federation des caisses Desjardins du Quebec, an estimated $4.74M added.
- The largest Sprott Physical Silver Trust seller in Q1 2020 was Polar Asset Management Partners, an estimated $7.37M sold.
Based on aggregated 13F filings for Q1 2020.