Sprott Physical Silver Trust
PSLV
80 hedge funds and large institutions have $39.4M invested in Sprott Physical Silver Trust in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 25 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
0.59% less ownership
Funds ownership: 6% → 5.4% (-0.59%)
2% less funds holding
Funds holding: 82 → 80 (-2)
17% less capital invested
Capital invested by funds: $47.3M → $39.4M (-$7.94M)
44% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$981K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$528K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$497K |
| 4 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
+$452K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.17M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$466K |
| 3 |
Morgan Stanley
New York
|
-$404K |
| 4 |
OCM
One Capital Management
Westlake Village,
California
|
-$346K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$201K |
PSLV Hedge Fund Activity: Q3 2015 in Review
80 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q3 2015, worth a combined $39.4M — down 17% from $47.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PSLV positions and 10 closed out — a net gain of 1 holder — while 14 added to existing stakes and 25 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $981K. The largest seller was Polar Asset Management Partners, cutting an estimated $1.17M.
- 80 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q3 2015, down from 82 in Q2 2015.
- Funds reported $39.4M of Sprott Physical Silver Trust stock for Q3 2015, down 17% quarter-over-quarter.
- 11 funds opened new Sprott Physical Silver Trust positions in Q3 2015 and 10 closed out, a net change of +1 holder.
- The largest Sprott Physical Silver Trust buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $981K added.
- The largest Sprott Physical Silver Trust seller in Q3 2015 was Polar Asset Management Partners, an estimated $1.17M sold.
Based on aggregated 13F filings for Q3 2015.