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Sprott Physical Silver Trust

224 hedge funds and large institutions have $518M invested in Sprott Physical Silver Trust in 2021 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 76 increasing their positions, 33 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 26

130% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 33

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

28% more capital invested

Capital invested by funds: $403M → $518M (+$114M)

20% more funds holding

Funds holding: 186224 (+38)

1.18% less ownership

Funds ownership: 17.35%16.17% (-1.2%)

Holders
224
Holders Change
+38
Holders Change %
+20.43%
% of All Funds
3.93%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.07%
New
65
Increased
76
Reduced
33
Closed
26
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
$68.2M +$5.78M +613,794 +9%
JAM
2
Jupiter Asset Management
United Kingdom
$62.1M +$12.8M +1,362,324 +24%
Morgan Stanley
3
Morgan Stanley
New York
$57.7M +$17M +1,808,182 +38%
PAMP
4
Polar Asset Management Partners
Ontario, Canada
$36.9M +$7.25M +769,493 +22%
DPRC
5
Deer Park Road Corp
Colorado
$18.2M +$19.6M +2,077,000 New
Ninety One (UK)
6
Ninety One (UK)
United Kingdom
$17.5M -$4.24M -450,546 -18%
CTC
7
Central Trust Company
Missouri
$17.1M +$14.2M +1,509,063 +345%
BM
8
Baymount Management
Florida
$15.8M +$17M +1,800,000 New
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$13M +$7.43M +789,329 +114%
Wells Fargo
10
Wells Fargo
California
$11.3M +$2.7M +286,903 +29%
CWA
11
Capital Wealth Alliance
Arizona
$9.21M +$2.05M +218,018 +26%
ECM
12
Evergreen Capital Management
Washington
$8.99M -$42.5K -4,512 -0.4%
Osaic Holdings
13
Osaic Holdings
Arizona
$7.95M +$4.02M +427,295 +90%
GWM
14
Geneos Wealth Management
Colorado
$7.87M +$96K +10,190 +1%
RAM
15
RWC Asset Management
United Kingdom
$7.59M
HighTower Advisors
16
HighTower Advisors
Illinois
$6.26M +$1.37M +145,219 +26%
LPL Financial
17
LPL Financial
California
$6.24M +$3.05M +323,902 +84%
Jane Street
18
Jane Street
New York
$6.16M +$1.95M +206,705 +42%
PPW
19
Pasadena Private Wealth
California
$5.58M +$780K +82,821 +15%
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$5.16M +$332K +35,304 +6%
ICM
21
Ionic Capital Management
New York
$4.58M -$471K -50,050 -9%
RJA
22
Raymond James & Associates
Florida
$4.55M +$2.73M +289,912 +127%
SC
23
SouthState Corp
Florida
$4.12M +$4.26M +452,316 +2,659%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$4.07M -$439K -46,600 -9%
SWM
25
SeaCrest Wealth Management
New York
$3.96M +$33.6K +3,570 +0.8%

PSLV Hedge Fund Activity: Q1 2021 in Review

224 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q1 2021, worth a combined $518M — up 28% from $403M a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new PSLV positions and 26 closed out — a net gain of 39 holders — while 76 added to existing stakes and 33 trimmed.

The largest buyer was Deer Park Road Corp, opening a new position worth an estimated $19.6M. The largest seller was Millennium Management, cutting an estimated $4.28M.

  • 224 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q1 2021, up from 186 in Q4 2020.
  • Funds reported $518M of Sprott Physical Silver Trust stock for Q1 2021, up 28% quarter-over-quarter.
  • 65 funds opened new Sprott Physical Silver Trust positions in Q1 2021 and 26 closed out, a net change of +39 holders.
  • The largest Sprott Physical Silver Trust buyer in Q1 2021 was Deer Park Road Corp, an estimated $19.6M added.
  • The largest Sprott Physical Silver Trust seller in Q1 2021 was Millennium Management, an estimated $4.28M sold.

Based on aggregated 13F filings for Q1 2021.