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Sprott Physical Silver Trust

310 hedge funds and large institutions have $793M invested in Sprott Physical Silver Trust in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 77 increasing their positions, 93 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 17

0% more funds holding

Funds holding: 309310 (+1)

0.18% more ownership

Funds ownership: 20.53%20.71% (+0.18%)

17% less repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 93

31% less capital invested

Capital invested by funds: $1.14B → $793M (-$350M)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
310
Holders Change
+1
Holders Change %
+0.32%
% of All Funds
4.92%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
22
Increased
77
Reduced
93
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$155M -$9.68M -1,201,298 -6%
FDCDDQ
2
Federation des caisses Desjardins du Quebec
Quebec, Canada
$66.5M -$1.2M -149,289 -2%
JAM
3
Jupiter Asset Management
United Kingdom
$48.1M -$10.1M -1,252,804 -16%
Morgan Stanley
4
Morgan Stanley
New York
$44.4M +$5.47M +678,877 +13%
Truist Financial
5
Truist Financial
North Carolina
$40.8M -$1.38M -171,347 -3%
PAMP
6
Polar Asset Management Partners
Ontario, Canada
$32.9M
Osaic Holdings
7
Osaic Holdings
Arizona
$26.4M +$8.26M +1,025,485 +42%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$26M +$651K +80,866 +2%
Jane Street
9
Jane Street
New York
$16M +$12.9M +1,599,147 +309%
CWA
10
Capital Wealth Alliance
Arizona
$15.9M -$293K -36,416 -2%
BW
11
Basepoint Wealth
Iowa
$15.2M +$490K +60,858 +3%
QP
12
Quilter Plc
United Kingdom
$12.5M -$2.73M -339,538 -96%
LPL Financial
13
LPL Financial
California
$11.5M +$45.5K +5,648 +0.4%
Wells Fargo
14
Wells Fargo
California
$10.8M +$400K +49,645 +4%
CTC
15
Central Trust Company
Missouri
$10.3M -$545K -67,635 -5%
ECM
16
Evergreen Capital Management
Washington
$8.58M -$14.5K -1,798 -0.2%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$7.8M +$63K +7,816 +0.8%
GWM
18
Geneos Wealth Management
Colorado
$7.63M -$38.5K -4,775 -0.5%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$7.18M +$903K +112,062 +13%
CWP
20
Cyndeo Wealth Partners
Florida
$7.05M +$162K +20,134 +2%
HCM
21
Hollencrest Capital Management
California
$6.47M +$210K +26,133 +3%
HighTower Advisors
22
HighTower Advisors
Illinois
$5.76M -$480K -59,554 -7%
BCM
23
Bluefin Capital Management
New York
$5.61M +$4.23M +525,033 +244%
CAN
24
Cetera Advisor Networks
California
$5.4M -$188K -23,371 -3%
RJA
25
Raymond James & Associates
Florida
$5.26M +$147K +18,199 +3%

PSLV Hedge Fund Activity: Q3 2023 in Review

310 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q3 2023, worth a combined $793M — down 31% from $1.14B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new PSLV positions and 17 closed out — a net gain of 5 holders — while 77 added to existing stakes and 93 trimmed.

The largest buyer was Jane Street, adding an estimated $12.9M. The largest seller was Jupiter Asset Management, cutting an estimated $10.1M.

  • 310 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q3 2023, up from 309 in Q2 2023.
  • Funds reported $793M of Sprott Physical Silver Trust stock for Q3 2023, down 31% quarter-over-quarter.
  • 22 funds opened new Sprott Physical Silver Trust positions in Q3 2023 and 17 closed out, a net change of +5 holders.
  • The largest Sprott Physical Silver Trust buyer in Q3 2023 was Jane Street, an estimated $12.9M added.
  • The largest Sprott Physical Silver Trust seller in Q3 2023 was Jupiter Asset Management, an estimated $10.1M sold.

Based on aggregated 13F filings for Q3 2023.