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Sprott Physical Silver Trust

90 hedge funds and large institutions have $119M invested in Sprott Physical Silver Trust in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 27 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

9% more capital invested

Capital invested by funds: $110M → $119M (+$9.41M)

2% more funds holding

Funds holding: 8890 (+2)

0.82% more ownership

Funds ownership: 13.1%13.93% (+0.82%)

37% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 27

Holders
90
Holders Change
+2
Holders Change %
+2.27%
% of All Funds
1.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
17
Reduced
27
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
$35.8M +$809K +149,759 +2%
PAMP
2
Polar Asset Management Partners
Ontario, Canada
$28M -$296K -54,815 -1%
Ninety One (UK)
3
Ninety One (UK)
United Kingdom
$20.4M +$7.68M +1,421,614 +66%
Morgan Stanley
4
Morgan Stanley
New York
$2.67M +$198K +36,655 +8%
Wells Fargo
5
Wells Fargo
California
$2.14M -$12K -2,226 -0.6%
HighTower Advisors
6
HighTower Advisors
Illinois
$1.94M +$4.57K +846 +0.2%
TYCC
7
Texas Yale Capital Corp
Florida
$1.81M -$1.71M -317,100 -50%
ECM
8
Evergreen Capital Management
Washington
$1.55M +$1.47M +272,400 New
CAN
9
Cetera Advisor Networks
California
$1.49M -$1K -185 -0.1%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$1.45M -$3.24K -600 -0.2%
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$1.41M +$1.33M +246,734 New
AI
12
ArchPoint Investors
Florida
$1.38M
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$1.21M +$238K +43,948 +26%
HI
14
Hudock Inc
Pennsylvania
$1.11M
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.04M -$139K -25,780 -12%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$837K -$1.03M -190,081 -56%
RJA
17
Raymond James & Associates
Florida
$833K -$184K -34,000 -19%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$823K -$117K -21,700 -13%
FIM
19
Freedom Investment Management
Connecticut
$787K +$163K +30,123 +28%
AL
20
Arnhold LLC
New York
$781K
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$751K -$6.76K -1,251 -0.9%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$744K +$692 +128 +0.1%
SI
23
Sprott Inc
Ontario, Canada
$682K +$147K +27,160 +29%
LPL Financial
24
LPL Financial
California
$678K -$45.3K -8,382 -7%
TF
25
TIAA FSB
Florida
$620K

PSLV Hedge Fund Activity: Q2 2019 in Review

90 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q2 2019, worth a combined $119M — up 8.6% from $110M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new PSLV positions and 6 closed out — a net gain of 4 holders — while 17 added to existing stakes and 27 trimmed.

The largest buyer was Ninety One (UK), adding an estimated $7.68M. The largest seller was OTA Financial Group, cutting an estimated $1.87M.

  • 90 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q2 2019, up from 88 in Q1 2019.
  • Funds reported $119M of Sprott Physical Silver Trust stock for Q2 2019, up 8.6% quarter-over-quarter.
  • 10 funds opened new Sprott Physical Silver Trust positions in Q2 2019 and 6 closed out, a net change of +4 holders.
  • The largest Sprott Physical Silver Trust buyer in Q2 2019 was Ninety One (UK), an estimated $7.68M added.
  • The largest Sprott Physical Silver Trust seller in Q2 2019 was OTA Financial Group, an estimated $1.87M sold.

Based on aggregated 13F filings for Q2 2019.