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Sprott Physical Silver Trust

186 hedge funds and large institutions have $403M invested in Sprott Physical Silver Trust in 2020 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 55 increasing their positions, 34 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

75% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 24

62% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 34

11% more capital invested

Capital invested by funds: $362M → $403M (+$41.3M)

11% more funds holding

Funds holding: 168186 (+18)

2.86% less ownership

Funds ownership: 20.21%17.35% (-2.9%)

Holders
186
Holders Change
+18
Holders Change %
+10.71%
% of All Funds
3.29%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
42
Increased
55
Reduced
34
Closed
24
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
$66.4M +$1.65M +191,938 +3%
JAM
2
Jupiter Asset Management
United Kingdom
$53.3M -$2.09M -243,138 -4%
Morgan Stanley
3
Morgan Stanley
New York
$44.5M +$6.08M +708,021 +17%
PAMP
4
Polar Asset Management Partners
Ontario, Canada
$32.1M
Ninety One (UK)
5
Ninety One (UK)
United Kingdom
$22.9M -$34M -3,962,801 -62%
ECM
6
Evergreen Capital Management
Washington
$9.61M +$247K +28,733 +3%
Wells Fargo
7
Wells Fargo
California
$9.33M +$727K +84,718 +9%
CWA
8
Capital Wealth Alliance
Arizona
$8.13M +$7.13M +830,641 New
RAM
9
RWC Asset Management
United Kingdom
$7.88M +$7.43M +865,000 New
GWM
10
Geneos Wealth Management
Colorado
$7.29M +$2.77M +323,093 +64%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$6.47M +$1.23M +143,818 +26%
ICM
12
Ionic Capital Management
New York
$5.34M +$4.91M +572,104 New
HighTower Advisors
13
HighTower Advisors
Illinois
$5.28M +$526K +61,289 +12%
PPW
14
Pasadena Private Wealth
California
$5.16M -$2.95M -343,418 -38%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$5.16M -$148K -17,292 -3%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$4.76M -$2.03M -236,742 -32%
Jane Street
17
Jane Street
New York
$4.62M +$3.13M +363,999 +279%
Osaic Holdings
18
Osaic Holdings
Arizona
$4.46M +$2.47K +288 +0.1%
Millennium Management
19
Millennium Management
New York
$4.35M +$4M +465,742 New
SWM
20
SeaCrest Wealth Management
New York
$4.18M -$1.89M -220,059 -33%
CTC
21
Central Trust Company
Missouri
$4.09M +$2.09M +243,536 +125%
PCM
22
Parsons Capital Management
Rhode Island
$4.07M +$30.9K +3,600 +0.8%
LPL Financial
23
LPL Financial
California
$3.61M +$1.08M +126,070 +48%
Nomura Holdings
24
Nomura Holdings
Japan
$3.47M +$673K +78,338 +26%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$2.95M -$37.2K -4,335 -1%

PSLV Hedge Fund Activity: Q4 2020 in Review

186 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q4 2020, worth a combined $403M — up 11% from $362M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new PSLV positions and 24 closed out — a net gain of 18 holders — while 55 added to existing stakes and 34 trimmed.

The largest buyer was RWC Asset Management, opening a new position worth an estimated $7.43M. The largest seller was Ninety One (UK), cutting an estimated $34M.

  • 186 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q4 2020, up from 168 in Q3 2020.
  • Funds reported $403M of Sprott Physical Silver Trust stock for Q4 2020, up 11% quarter-over-quarter.
  • 42 funds opened new Sprott Physical Silver Trust positions in Q4 2020 and 24 closed out, a net change of +18 holders.
  • The largest Sprott Physical Silver Trust buyer in Q4 2020 was RWC Asset Management, an estimated $7.43M added.
  • The largest Sprott Physical Silver Trust seller in Q4 2020 was Ninety One (UK), an estimated $34M sold.

Based on aggregated 13F filings for Q4 2020.