Sprott Physical Silver Trust
PSLV
168 hedge funds and large institutions have $362M invested in Sprott Physical Silver Trust in 2020 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 56 increasing their positions, 25 reducing their positions, and 15 closing their positions.
267% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 15
124% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 25
44% more capital invested
Capital invested by funds: $252M → $362M (+$110M)
30% more funds holding
Funds holding: 129 → 168 (+39)
3.59% less ownership
Funds ownership: 23.8% → 20.21% (-3.6%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$52M |
| 2 |
Morgan Stanley
New York
|
+$20M |
| 3 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$5.83M |
| 4 |
PCM
Parsons Capital Management
Providence,
Rhode Island
|
+$3.77M |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$7.36M |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
-$6.5M |
| 3 |
CWA
Capital Wealth Alliance
Scottsdale,
Arizona
|
-$5.69M |
| 4 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$3.79M |
| 5 |
QP
Quilter Plc
London,
United Kingdom
|
-$3.59M |
PSLV Hedge Fund Activity: Q3 2020 in Review
168 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q3 2020, worth a combined $362M — up 44% from $252M a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new PSLV positions and 15 closed out — a net gain of 40 holders — while 56 added to existing stakes and 25 trimmed.
The largest buyer was Jupiter Asset Management, opening a new position worth an estimated $52M. The largest seller was Evergreen Capital Management, cutting an estimated $7.36M.
- 168 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q3 2020, up from 129 in Q2 2020.
- Funds reported $362M of Sprott Physical Silver Trust stock for Q3 2020, up 44% quarter-over-quarter.
- 55 funds opened new Sprott Physical Silver Trust positions in Q3 2020 and 15 closed out, a net change of +40 holders.
- The largest Sprott Physical Silver Trust buyer in Q3 2020 was Jupiter Asset Management, an estimated $52M added.
- The largest Sprott Physical Silver Trust seller in Q3 2020 was Evergreen Capital Management, an estimated $7.36M sold.
Based on aggregated 13F filings for Q3 2020.