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Sprott Physical Silver Trust

97 hedge funds and large institutions have $113M invested in Sprott Physical Silver Trust in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 10

15% more capital invested

Capital invested by funds: $97.5M → $113M (+$15.1M)

5% more funds holding

Funds holding: 9297 (+5)

1.44% more ownership

Funds ownership: 10.24%11.68% (+1.4%)

5% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 22

Holders
97
Holders Change
+5
Holders Change %
+5.43%
% of All Funds
2.2%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
23
Reduced
22
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAMP
1
Polar Asset Management Partners
Ontario, Canada
$32.8M +$9.77M +1,557,240 +43%
FDCDDQ
2
Federation des caisses Desjardins du Quebec
Quebec, Canada
$19.6M -$3.56M -567,868 -16%
WAM
3
Weiss Asset Management
Massachusetts
$6.67M +$5.51M +877,720 +502%
OFG
4
OTA Financial Group
New York
$6.53M +$5.31M +846,663 +464%
Morgan Stanley
5
Morgan Stanley
New York
$4.06M -$1.71M -272,401 -30%
PP
6
Paloma Partners
Connecticut
$3.17M
RJFSA
7
Raymond James Financial Services Advisors
Florida
$3.06M -$586K -93,428 -16%
HighTower Advisors
8
HighTower Advisors
Illinois
$2.81M -$402K -64,117 -13%
Wells Fargo
9
Wells Fargo
California
$2.63M +$23.6K +3,768 +0.9%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$1.87M +$124K +19,809 +7%
TYCC
11
Texas Yale Capital Corp
Florida
$1.73M +$531K +84,675 +45%
ECM
12
Evergreen Capital Management
Washington
$1.68M
Jane Street
13
Jane Street
New York
$1.61M +$284K +45,216 +22%
CAN
14
Cetera Advisor Networks
California
$1.55M +$23.4K +3,733 +2%
AI
15
ArchPoint Investors
Florida
$1.53M -$6 -1 -0%
HI
16
Hudock Inc
Pennsylvania
$1.24M
TF
17
TIAA FSB
Florida
$1.14M
RJA
18
Raymond James & Associates
Florida
$983K +$18.8K +3,003 +2%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$952K -$31.2K -4,981 -3%
Federated Hermes
20
Federated Hermes
Pennsylvania
$951K
Baird Financial Group
21
Baird Financial Group
Wisconsin
$884K +$875K +139,483 New
OMC
22
Old Mission Capital
Illinois
$860K +$669K +106,686 +368%
CTC
23
Central Trust Company
Missouri
$807K +$799K +127,300 New
VF
24
Virtu Financial
New York
$773K -$187K -29,852 -20%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$729K

PSLV Hedge Fund Activity: Q4 2017 in Review

97 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q4 2017, worth a combined $113M — up 15% from $97.5M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new PSLV positions and 10 closed out — a net gain of 5 holders — while 23 added to existing stakes and 22 trimmed.

The largest buyer was Polar Asset Management Partners, adding an estimated $9.77M. The largest seller was Federation des caisses Desjardins du Quebec, cutting an estimated $3.56M.

  • 97 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q4 2017, up from 92 in Q3 2017.
  • Funds reported $113M of Sprott Physical Silver Trust stock for Q4 2017, up 15% quarter-over-quarter.
  • 15 funds opened new Sprott Physical Silver Trust positions in Q4 2017 and 10 closed out, a net change of +5 holders.
  • The largest Sprott Physical Silver Trust buyer in Q4 2017 was Polar Asset Management Partners, an estimated $9.77M added.
  • The largest Sprott Physical Silver Trust seller in Q4 2017 was Federation des caisses Desjardins du Quebec, an estimated $3.56M sold.

Based on aggregated 13F filings for Q4 2017.