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Sprott Physical Silver Trust

73 hedge funds and large institutions have $68.8M invested in Sprott Physical Silver Trust in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.38% less ownership

Funds ownership: 6.76%6.38% (-0.38%)

9% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 23

4% less funds holding

Funds holding: 7673 (-3)

24% less capital invested

Capital invested by funds: $91M → $68.8M (-$22.1M)

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8

Holders
73
Holders Change
-3
Holders Change %
-3.95%
% of All Funds
2.1%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
5
Increased
21
Reduced
23
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$17.8M +$45.3K +5,778 +0.3%
JP Morgan Chase
2
JP Morgan Chase
New York
$12.6M +$3.51K +448 +0%
PG
3
Portola Group
California
$6.93M -$192K -24,500 -3%
SI
4
Sprott Inc
Ontario, Canada
$4.3M -$3.03M -386,539 -43%
MLIM
5
Mountain Lake Investment Management
Florida
$2.32M
CS
6
Credit Suisse
Switzerland
$2.18M +$52.5K +6,695 +3%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$2.13M -$443K -56,483 -18%
LPL Financial
8
LPL Financial
California
$1.95M -$65.8K -8,398 -4%
Bank of America
9
Bank of America
North Carolina
$1.76M +$1.16M +147,543 +245%
CAN
10
Cetera Advisor Networks
California
$1.69M +$119K +15,211 +8%
BA
11
BlackRock Advisors
Delaware
$1.59M
RJA
12
Raymond James & Associates
Florida
$1.41M +$4.25K +543 +0.3%
AC
13
Altus Capital
Ohio
$1.14M
PAG
14
Private Advisor Group
New Jersey
$969K -$52.6K -6,713 -6%
Wells Fargo
15
Wells Fargo
California
$754K +$15.5K +1,976 +2%
DAS
16
Dynamic Advisor Solutions
Arizona
$583K -$15K -1,913 -3%
YP
17
Yellowstone Partners
Idaho
$517K -$15.7K -2,000 -3%
CNB
18
City National Bank
California
$446K +$290K +37,000 +236%
HighTower Advisors
19
HighTower Advisors
Illinois
$442K -$347K -44,295 -46%
NPC
20
National Planning Corporation
California
$422K -$11.5K -1,464 -3%
OC
21
Oppenheimer & Co
New York
$415K -$3.92K -500 -1%
PHS
22
Pekin Hardy Strauss
Illinois
$379K -$18.8K -2,400 -5%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$371K +$9.4K +1,200 +3%
OAM
24
Orinda Asset Management
California
$350K +$87.2K +11,128 +37%
AIG
25
American International Group
New York
$311K +$19.7K +2,510 +7%

PSLV Hedge Fund Activity: Q2 2014 in Review

73 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q2 2014, worth a combined $68.8M — down 24% from $91M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of PSLV and 5 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 21 added.

The largest buyer was Bank of America, adding an estimated $1.16M. The largest seller was Sprott Inc, cutting an estimated $3.03M.

  • 73 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q2 2014, down from 76 in Q1 2014.
  • Funds reported $68.8M of Sprott Physical Silver Trust stock for Q2 2014, down 24% quarter-over-quarter.
  • 5 funds opened new Sprott Physical Silver Trust positions in Q2 2014 and 8 closed out, a net change of -3 holders.
  • The largest Sprott Physical Silver Trust buyer in Q2 2014 was Bank of America, an estimated $1.16M added.
  • The largest Sprott Physical Silver Trust seller in Q2 2014 was Sprott Inc, an estimated $3.03M sold.

Based on aggregated 13F filings for Q2 2014.