Sprott Physical Silver Trust
PSLV
81 hedge funds and large institutions have $42.9M invested in Sprott Physical Silver Trust in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 16 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
4% more capital invested
Capital invested by funds: $41.4M → $42.9M (+$1.47M)
0.74% less ownership
Funds ownership: 6.13% → 5.4% (-0.74%)
7% less funds holding
Funds holding: 87 → 81 (-6)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.31M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$1.17M |
| 3 |
Morgan Stanley
New York
|
+$1.08M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$886K |
| 5 |
LPL Financial
San Diego,
California
|
+$842K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.15M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$2.39M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.47M |
| 4 |
VF
Virtu Financial
New York
|
-$880K |
| 5 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
-$486K |
PSLV Hedge Fund Activity: Q1 2016 in Review
81 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q1 2016, worth a combined $42.9M — up 3.5% from $41.4M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PSLV and 11 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 18 added.
The largest buyer was Wells Fargo, adding an estimated $1.31M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $5.15M sold.
- 81 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q1 2016, down from 87 in Q4 2015.
- Funds reported $42.9M of Sprott Physical Silver Trust stock for Q1 2016, up 3.5% quarter-over-quarter.
- 11 funds opened new Sprott Physical Silver Trust positions in Q1 2016 and 16 closed out, a net change of -5 holders.
- The largest Sprott Physical Silver Trust buyer in Q1 2016 was Wells Fargo, an estimated $1.31M added.
- The largest Sprott Physical Silver Trust seller in Q1 2016 was Polar Asset Management Partners, an estimated $5.15M sold.
Based on aggregated 13F filings for Q1 2016.