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Sprott Physical Silver Trust

280 hedge funds and large institutions have $513M invested in Sprott Physical Silver Trust in 2022 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 77 increasing their positions, 60 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 22

28% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 60

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

3% more funds holding

Funds holding: 271280 (+9)

0.05% less ownership

Funds ownership: 16.51%16.46% (-0.05%)

21% less capital invested

Capital invested by funds: $645M → $513M (-$133M)

Holders
280
Holders Change
+9
Holders Change %
+3.32%
% of All Funds
4.72%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
34
Increased
77
Reduced
60
Closed
22
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
$60.3M -$691K -88,254 -1%
JAM
2
Jupiter Asset Management
United Kingdom
$55.7M -$23.7M -3,023,986 -27%
Morgan Stanley
3
Morgan Stanley
New York
$29.8M +$482K +61,643 +1%
PAMP
4
Polar Asset Management Partners
Ontario, Canada
$29M
CTC
5
Central Trust Company
Missouri
$25.7M +$155K +19,803 +0.5%
DPRC
6
Deer Park Road Corp
Colorado
$22.6M
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$15.9M +$954K +121,850 +6%
BW
8
Basepoint Wealth
Iowa
$12.6M +$397K +50,738 +3%
Osaic Holdings
9
Osaic Holdings
Arizona
$12.2M -$892K -114,009 -6%
CWA
10
Capital Wealth Alliance
Arizona
$12.1M +$517K +66,082 +4%
Wells Fargo
11
Wells Fargo
California
$10.7M +$859K +109,795 +8%
Jane Street
12
Jane Street
New York
$10.3M +$7.32M +935,558 +168%
OFG
13
OTA Financial Group
New York
$10.1M +$11.5M +1,469,516 New
FTUS
14
Flow Traders U.S.
New York
$9.36M +$10.6M +1,356,550 New
ECM
15
Evergreen Capital Management
Washington
$8.8M +$167K +21,290 +2%
GWM
16
Geneos Wealth Management
Colorado
$6.93M +$378K +48,235 +5%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$5.99M +$820K +104,743 +14%
RAM
18
RWC Asset Management
United Kingdom
$5.97M
HighTower Advisors
19
HighTower Advisors
Illinois
$5.85M -$41.7K -5,332 -0.6%
LPL Financial
20
LPL Financial
California
$5.36M -$203K -25,934 -3%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$4.86M +$509K +65,098 +10%
Janney Montgomery Scott
22
Janney Montgomery Scott
Pennsylvania
$4.13M -$2.54K -325 -0.1%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$4.1M -$18.1K -2,309 -0.4%
HCM
24
Hollencrest Capital Management
California
$3.85M +$3.31M +423,115 +312%
PPW
25
Pasadena Private Wealth
California
$3.56M +$862K +110,119 +27%

PSLV Hedge Fund Activity: Q2 2022 in Review

280 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q2 2022, worth a combined $513M — down 21% from $645M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new PSLV positions and 22 closed out — a net gain of 12 holders — while 77 added to existing stakes and 60 trimmed.

The largest buyer was OTA Financial Group, opening a new position worth an estimated $11.5M. The largest seller was Jupiter Asset Management, cutting an estimated $23.7M.

  • 280 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q2 2022, up from 271 in Q1 2022.
  • Funds reported $513M of Sprott Physical Silver Trust stock for Q2 2022, down 21% quarter-over-quarter.
  • 34 funds opened new Sprott Physical Silver Trust positions in Q2 2022 and 22 closed out, a net change of +12 holders.
  • The largest Sprott Physical Silver Trust buyer in Q2 2022 was OTA Financial Group, an estimated $11.5M added.
  • The largest Sprott Physical Silver Trust seller in Q2 2022 was Jupiter Asset Management, an estimated $23.7M sold.

Based on aggregated 13F filings for Q2 2022.