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Sprott Physical Silver Trust

92 hedge funds and large institutions have $97.5M invested in Sprott Physical Silver Trust in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 29 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

5% more capital invested

Capital invested by funds: $92.9M → $97.5M (+$4.59M)

0.25% more ownership

Funds ownership: 9.99%10.24% (+0.25%)

1% less funds holding

Funds holding: 9392 (-1)

31% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 29

Holders
92
Holders Change
-1
Holders Change %
-1.08%
% of All Funds
2.29%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
20
Reduced
29
Closed
8
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
$23M -$212K -33,214 -0.9%
PAMP
2
Polar Asset Management Partners
Ontario, Canada
$22.7M +$1.5M +234,300 +7%
Morgan Stanley
3
Morgan Stanley
New York
$5.73M -$646K -101,051 -10%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$3.61M -$83.1K -13,004 -2%
PCP
5
Proficio Capital Partners
Massachusetts
$3.32M +$1.94M +303,294 +134%
HighTower Advisors
6
HighTower Advisors
Illinois
$3.19M -$19.6K -3,071 -0.6%
PP
7
Paloma Partners
Connecticut
$3.14M -$863K -135,000 -21%
Wells Fargo
8
Wells Fargo
California
$2.58M -$290K -45,311 -10%
ECM
9
Evergreen Capital Management
Washington
$1.73M -$1.48M -230,920 Closed
Bank of New York Mellon
10
Bank of New York Mellon
New York
$1.73M +$16.7K +2,610 +1%
AI
11
ArchPoint Investors
Florida
$1.51M -$44.7K -7,000 -3%
CAN
12
Cetera Advisor Networks
California
$1.51M -$7.82K -1,224 -0.5%
Jane Street
13
Jane Street
New York
$1.31M +$1.05M +164,093 +363%
HI
14
Hudock Inc
Pennsylvania
$1.23M +$973K +152,275 +353%
TYCC
15
Texas Yale Capital Corp
Florida
$1.18M +$129K +20,195 +12%
OFG
16
OTA Financial Group
New York
$1.15M +$850K +133,021 +268%
TF
17
TIAA FSB
Florida
$1.13M
WAM
18
Weiss Asset Management
Massachusetts
$1.1M +$1.12M +174,960 New
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$975K -$28.4K -4,440 -3%
RJA
20
Raymond James & Associates
Florida
$955K -$107K -16,730 -10%
VF
21
Virtu Financial
New York
$953K +$145K +22,626 +18%
Federated Hermes
22
Federated Hermes
Pennsylvania
$942K +$320K +50,000 +50%
LPL Financial
23
LPL Financial
California
$924K +$17.8K +2,789 +2%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$722K +$24K +3,750 +3%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$693K -$12.3K -1,929 -2%

PSLV Hedge Fund Activity: Q3 2017 in Review

92 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q3 2017, worth a combined $97.5M — up 4.9% from $92.9M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new PSLV positions and 8 closed out — a net gain of 1 holder — while 20 added to existing stakes and 29 trimmed.

The largest buyer was Proficio Capital Partners, adding an estimated $1.94M. The largest seller was Evergreen Capital Management, exiting entirely with an estimated $1.48M sold.

  • 92 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q3 2017, down from 93 in Q2 2017.
  • Funds reported $97.5M of Sprott Physical Silver Trust stock for Q3 2017, up 4.9% quarter-over-quarter.
  • 9 funds opened new Sprott Physical Silver Trust positions in Q3 2017 and 8 closed out, a net change of +1 holder.
  • The largest Sprott Physical Silver Trust buyer in Q3 2017 was Proficio Capital Partners, an estimated $1.94M added.
  • The largest Sprott Physical Silver Trust seller in Q3 2017 was Evergreen Capital Management, an estimated $1.48M sold.

Based on aggregated 13F filings for Q3 2017.