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Sprott Physical Silver Trust

129 hedge funds and large institutions have $252M invested in Sprott Physical Silver Trust in 2020 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 12 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

308% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 12

142% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 12

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

78% more capital invested

Capital invested by funds: $141M → $252M (+$111M)

15% more funds holding

Funds holding: 112129 (+17)

6.93% more ownership

Funds ownership: 16.86%23.8% (+6.9%)

Holders
129
Holders Change
+17
Holders Change %
+15.18%
% of All Funds
2.65%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
29
Increased
49
Reduced
12
Closed
12
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
$48.8M +$1.46M +242,798 +3%
Ninety One (UK)
2
Ninety One (UK)
United Kingdom
$42.7M +$1.74M +289,900 +5%
JIM
3
Jupiter Investment Management
United Kingdom
$32M +$29.2M +4,848,697 New
PAMP
4
Polar Asset Management Partners
Ontario, Canada
$22.7M
ECM
5
Evergreen Capital Management
Washington
$12.2M +$9.47M +1,573,048 +584%
Morgan Stanley
6
Morgan Stanley
New York
$11.6M +$444K +73,832 +4%
PPW
7
Pasadena Private Wealth
California
$6.89M +$6.28M +1,043,068 New
OFG
8
OTA Financial Group
New York
$6.5M +$5.92M +983,880 New
Wells Fargo
9
Wells Fargo
California
$5.52M +$2.19M +364,047 +77%
CWA
10
Capital Wealth Alliance
Arizona
$4.31M +$349K +57,915 +10%
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$3.74M -$35.7K -5,927 -1%
HighTower Advisors
12
HighTower Advisors
Illinois
$3.43M +$650K +108,046 +26%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$3.35M -$297K -49,332 -9%
QP
14
Quilter Plc
United Kingdom
$3.25M +$414K +68,828 +16%
GWM
15
Geneos Wealth Management
Colorado
$2.61M +$1.57M +260,688 +185%
Osaic Holdings
16
Osaic Holdings
Arizona
$2.32M +$297K +49,360 +16%
RJA
17
Raymond James & Associates
Florida
$2.17M +$579K +96,242 +41%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$1.9M +$281K +46,705 +19%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$1.8M +$172K +28,627 +12%
CAN
20
Cetera Advisor Networks
California
$1.62M +$13.3K +2,211 +0.9%
AI
21
ArchPoint Investors
Florida
$1.59M
HI
22
Hudock Inc
Pennsylvania
$1.59M
RJFSA
23
Raymond James Financial Services Advisors
Florida
$1.49M +$212K +35,264 +19%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$1.34M +$83.3K +13,837 +8%
CC
25
Cannell & Co
New York
$1.32M +$1.2M +200,000 New

PSLV Hedge Fund Activity: Q2 2020 in Review

129 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q2 2020, worth a combined $252M — up 78% from $141M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new PSLV positions and 12 closed out — a net gain of 17 holders — while 49 added to existing stakes and 12 trimmed.

The largest buyer was Jupiter Investment Management, opening a new position worth an estimated $29.2M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $1.32M sold.

  • 129 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q2 2020, up from 112 in Q1 2020.
  • Funds reported $252M of Sprott Physical Silver Trust stock for Q2 2020, up 78% quarter-over-quarter.
  • 29 funds opened new Sprott Physical Silver Trust positions in Q2 2020 and 12 closed out, a net change of +17 holders.
  • The largest Sprott Physical Silver Trust buyer in Q2 2020 was Jupiter Investment Management, an estimated $29.2M added.
  • The largest Sprott Physical Silver Trust seller in Q2 2020 was Bank of New York Mellon, an estimated $1.32M sold.

Based on aggregated 13F filings for Q2 2020.