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Sprott Physical Silver Trust

82 hedge funds and large institutions have $47.3M invested in Sprott Physical Silver Trust in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 9

0.25% less ownership

Funds ownership: 6.25%6% (-0.25%)

2% less funds holding

Funds holding: 8482 (-2)

8% less capital invested

Capital invested by funds: $51.5M → $47.3M (-$4.17M)

22% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 23

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
82
Holders Change
-2
Holders Change %
-2.38%
% of All Funds
2.21%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
9
Increased
18
Reduced
23
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$9.62M -$283K -44,537 -3%
PG
2
Portola Group
California
$4M -$259K -40,750 -6%
PAMP
3
Polar Asset Management Partners
Ontario, Canada
$3.27M +$401K +63,100 +14%
SI
4
Sprott Inc
Ontario, Canada
$3.26M -$133K -20,867 -4%
HighTower Advisors
5
HighTower Advisors
Illinois
$3.07M +$328K +51,539 +12%
ECM
6
Evergreen Capital Management
Washington
$2.23M +$66.1K +10,400 +3%
LPL Financial
7
LPL Financial
California
$2M +$165K +25,943 +9%
CS
8
Credit Suisse
Switzerland
$1.57M -$102K -16,000 -6%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$1.18M +$328K +51,554 +37%
BA
10
BlackRock Advisors
Delaware
$1.16M
PAG
11
Private Advisor Group
New Jersey
$1.03M +$84.7K +13,323 +9%
EPIM
12
Equinox Partners Investment Management
Connecticut
$929K -$3.41M -537,100 -78%
PP
13
Paloma Partners
Connecticut
$771K +$794K +125,000 New
CAN
14
Cetera Advisor Networks
California
$744K
RJA
15
Raymond James & Associates
Florida
$697K -$15.9K -2,500 -2%
DADC
16
D.A. Davidson & Co
Montana
$694K -$8.25K -1,298 -1%
SCM
17
Sterneck Capital Management
Missouri
$663K -$5.56K -875 -0.8%
VF
18
Virtu Financial
New York
$622K +$158K +24,811 +33%
LFR
19
Lehman Financial Resources
Pennsylvania
$570K
Mariner
20
Mariner
Kansas
$521K
Bank of New York Mellon
21
Bank of New York Mellon
New York
$476K +$203K +32,000 +71%
LCM
22
Landscape Capital Management
New Jersey
$466K +$480K +75,546 New
Bank of America
23
Bank of America
North Carolina
$452K +$48.5K +7,638 +12%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$408K +$30.3K +4,767 +8%
PHS
25
Pekin Hardy Strauss
Illinois
$401K

PSLV Hedge Fund Activity: Q2 2015 in Review

82 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q2 2015, worth a combined $47.3M — down 8.1% from $51.5M a quarter earlier.

Fund positioning in PSLV was balanced in Q2 2015: 9 funds opened new positions, 9 closed out, 18 added to existing stakes and 23 trimmed.

The largest buyer was Paloma Partners, opening a new position worth an estimated $794K. The largest seller was Equinox Partners Investment Management, cutting an estimated $3.41M.

  • 82 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q2 2015, down from 84 in Q1 2015.
  • Funds reported $47.3M of Sprott Physical Silver Trust stock for Q2 2015, down 8.1% quarter-over-quarter.
  • 9 funds opened new Sprott Physical Silver Trust positions in Q2 2015 and 9 closed out, a net change of 0 holders.
  • The largest Sprott Physical Silver Trust buyer in Q2 2015 was Paloma Partners, an estimated $794K added.
  • The largest Sprott Physical Silver Trust seller in Q2 2015 was Equinox Partners Investment Management, an estimated $3.41M sold.

Based on aggregated 13F filings for Q2 2015.