Sprott Physical Silver Trust
PSLV
91 hedge funds and large institutions have $73.2M invested in Sprott Physical Silver Trust in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 8 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
6% more funds holding
Funds holding: 86 → 91 (+5)
0.73% less ownership
Funds ownership: 7.67% → 6.94% (-0.73%)
8% less capital invested
Capital invested by funds: $79.3M → $73.2M (-$6.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$326K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$287K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$274K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$237K |
| 5 |
LPL Financial
San Diego,
California
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$6.78M |
| 2 |
ICM
Ionic Capital Management
New York
|
-$945K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$831K |
| 4 |
LVP
Limestone Value Partners
Houston,
Texas
|
-$762K |
| 5 |
VF
Virtu Financial
New York
|
-$423K |
PSLV Hedge Fund Activity: Q3 2016 in Review
91 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q3 2016, worth a combined $73.2M — down 7.7% from $79.3M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PSLV positions and 8 closed out — a net gain of 5 holders — while 29 added to existing stakes and 16 trimmed.
The largest buyer was Wells Fargo, adding an estimated $326K. The largest seller was Federated Hermes, cutting an estimated $6.78M.
- 91 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q3 2016, up from 86 in Q2 2016.
- Funds reported $73.2M of Sprott Physical Silver Trust stock for Q3 2016, down 7.7% quarter-over-quarter.
- 13 funds opened new Sprott Physical Silver Trust positions in Q3 2016 and 8 closed out, a net change of +5 holders.
- The largest Sprott Physical Silver Trust buyer in Q3 2016 was Wells Fargo, an estimated $326K added.
- The largest Sprott Physical Silver Trust seller in Q3 2016 was Federated Hermes, an estimated $6.78M sold.
Based on aggregated 13F filings for Q3 2016.