Sprott Physical Silver Trust
PSLV
129 hedge funds and large institutions have $252M invested in Sprott Physical Silver Trust in 2020 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 12 reducing their positions, and 12 closing their positions.
308% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 12
142% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
78% more capital invested
Capital invested by funds: $141M → $252M (+$111M)
15% more funds holding
Funds holding: 112 → 129 (+17)
6.93% more ownership
Funds ownership: 16.86% → 23.8% (+6.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$29.2M |
| 2 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$9.47M |
| 3 |
PPW
Pasadena Private Wealth
Pasadena,
California
|
+$6.28M |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
+$5.92M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$1.32M |
| 2 |
Jane Street
New York
|
-$1.11M |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$585K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$297K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$297K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
126
Bank of New York Mellon
New York
| – | -$1.32M | -253,101 | Closed |
|
|
127
Jane Street
New York
| – | -$1.11M | -212,304 | Closed |
|
|
EGA
128
E&G Advisors
Houston,
Texas
| – | -$201K | -38,398 | Closed |
|
129
Citadel Advisors
Miami,
Florida
| – | -$164K | -31,403 | Closed |
|
|
BFA
130
Beaumont Financial Advisors
Needham,
Massachusetts
| – | -$146K | -28,000 | Closed |
|
|
XSC
131
X-Square Capital
Guaynabo,
Puerto Rico
| – | -$86K | -16,380 | Closed |
|
|
SAG
132
Spotlight Asset Group
Oakbrook Terrace,
Illinois
| – | -$54K | -10,383 | Closed |
|
|
TWP
133
TFO Wealth Partners
Maumee,
Ohio
| – | -$10K | -2,033 | Closed |
|
|
ASN
134
Advisory Services Network
Atlanta,
Georgia
| – | -$4K | -800 | Closed |
|
|
DWM
135
Darwin Wealth Management
Tampa,
Florida
| – | -$1K | -350 | Closed |
|
|
SF
136
Synovus Financial
Columbus,
Georgia
| – | -$1K | -200 | Closed |
|
|
AIC
137
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$1K | -138 | Closed |
|
138
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$30 | +5 | New |
|
PSLV Hedge Fund Activity: Q2 2020 in Review
129 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q2 2020, worth a combined $252M — up 78% from $141M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PSLV positions and 12 closed out — a net gain of 17 holders — while 49 added to existing stakes and 12 trimmed.
The largest buyer was Jupiter Investment Management, opening a new position worth an estimated $29.2M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $1.32M sold.
- 129 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q2 2020, up from 112 in Q1 2020.
- Funds reported $252M of Sprott Physical Silver Trust stock for Q2 2020, up 78% quarter-over-quarter.
- 29 funds opened new Sprott Physical Silver Trust positions in Q2 2020 and 12 closed out, a net change of +17 holders.
- The largest Sprott Physical Silver Trust buyer in Q2 2020 was Jupiter Investment Management, an estimated $29.2M added.
- The largest Sprott Physical Silver Trust seller in Q2 2020 was Bank of New York Mellon, an estimated $1.32M sold.
Based on aggregated 13F filings for Q2 2020.