Sprott Physical Silver Trust
PSLV
224 hedge funds and large institutions have $518M invested in Sprott Physical Silver Trust in 2021 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 76 increasing their positions, 33 reducing their positions, and 26 closing their positions.
150% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 26
130% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 33
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
28% more capital invested
Capital invested by funds: $403M → $518M (+$114M)
20% more funds holding
Funds holding: 186 → 224 (+38)
1.18% less ownership
Funds ownership: 17.35% → 16.17% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DPRC
Deer Park Road Corp
Steamboat Springs,
Colorado
|
+$19.6M |
| 2 |
Morgan Stanley
New York
|
+$17M |
| 3 |
BM
Baymount Management
Miami,
Florida
|
+$17M |
| 4 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$14.2M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.28M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$4.24M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$3.47M |
| 4 |
GSC
G&S Capital
Denver,
Colorado
|
-$682K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$547K |
PSLV Hedge Fund Activity: Q1 2021 in Review
224 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q1 2021, worth a combined $518M — up 28% from $403M a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new PSLV positions and 26 closed out — a net gain of 39 holders — while 76 added to existing stakes and 33 trimmed.
The largest buyer was Deer Park Road Corp, opening a new position worth an estimated $19.6M. The largest seller was Millennium Management, cutting an estimated $4.28M.
- 224 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q1 2021, up from 186 in Q4 2020.
- Funds reported $518M of Sprott Physical Silver Trust stock for Q1 2021, up 28% quarter-over-quarter.
- 65 funds opened new Sprott Physical Silver Trust positions in Q1 2021 and 26 closed out, a net change of +39 holders.
- The largest Sprott Physical Silver Trust buyer in Q1 2021 was Deer Park Road Corp, an estimated $19.6M added.
- The largest Sprott Physical Silver Trust seller in Q1 2021 was Millennium Management, an estimated $4.28M sold.
Based on aggregated 13F filings for Q1 2021.