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Sprott Physical Silver Trust

93 hedge funds and large institutions have $92.9M invested in Sprott Physical Silver Trust in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

4% more funds holding

Funds holding: 8993 (+4)

0.1% less ownership

Funds ownership: 10.09%9.99% (-0.1%)

10% less capital invested

Capital invested by funds: $103M → $92.9M (-$10.3M)

35% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 23

Holders
93
Holders Change
+4
Holders Change %
+4.49%
% of All Funds
2.32%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
15
Reduced
23
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FDCDDQ
1
Federation des caisses Desjardins du Quebec
Quebec, Canada
$23.3M +$5.39M +826,919 +29%
PAMP
2
Polar Asset Management Partners
Ontario, Canada
$21.4M +$3.56M +545,610 +19%
Morgan Stanley
3
Morgan Stanley
New York
$6.4M -$1.65M -252,282 -20%
PP
4
Paloma Partners
Connecticut
$4.01M -$913K -140,000 -18%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$3.71M +$139K +21,313 +4%
HighTower Advisors
6
HighTower Advisors
Illinois
$3.23M -$156K -23,891 -4%
Wells Fargo
7
Wells Fargo
California
$2.88M +$9.49K +1,455 +0.3%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$1.72M
AI
9
ArchPoint Investors
Florida
$1.56M -$16.5K -2,524 -1%
CAN
10
Cetera Advisor Networks
California
$1.52M -$21.4K -3,285 -1%
ECM
11
Evergreen Capital Management
Washington
$1.46M +$253K +38,800 +20%
ICM
12
Ionic Capital Management
New York
$1.43M -$3.26M -499,339 -69%
PCP
13
Proficio Capital Partners
Massachusetts
$1.42M -$158K -24,200 -10%
TF
14
TIAA FSB
Florida
$1.14M +$1.18M +180,500 New
RJA
15
Raymond James & Associates
Florida
$1.06M -$23.5K -3,600 -2%
TYCC
16
Texas Yale Capital Corp
Florida
$1.05M
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$1.01M -$791K -121,189 -43%
LPL Financial
18
LPL Financial
California
$911K -$2.5M -383,968 -73%
VF
19
Virtu Financial
New York
$815K -$672K -103,081 -44%
NPC
20
National Planning Corporation
California
$725K +$462K +70,772 +150%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$709K +$316K +48,490 +76%
Bank of Montreal
22
Bank of Montreal
Ontario, Canada
$702K
SI
23
Sprott Inc
Ontario, Canada
$661K -$217K -33,222 -24%
Federated Hermes
24
Federated Hermes
Pennsylvania
$631K
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$605K +$25.3K +3,875 +4%

PSLV Hedge Fund Activity: Q2 2017 in Review

93 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q2 2017, worth a combined $92.9M — down 10% from $103M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new PSLV positions and 6 closed out — a net gain of 5 holders — while 15 added to existing stakes and 23 trimmed.

The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $5.39M. The largest seller was Ionic Capital Management, cutting an estimated $3.26M.

  • 93 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q2 2017, up from 89 in Q1 2017.
  • Funds reported $92.9M of Sprott Physical Silver Trust stock for Q2 2017, down 10% quarter-over-quarter.
  • 11 funds opened new Sprott Physical Silver Trust positions in Q2 2017 and 6 closed out, a net change of +5 holders.
  • The largest Sprott Physical Silver Trust buyer in Q2 2017 was Federation des caisses Desjardins du Quebec, an estimated $5.39M added.
  • The largest Sprott Physical Silver Trust seller in Q2 2017 was Ionic Capital Management, an estimated $3.26M sold.

Based on aggregated 13F filings for Q2 2017.