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Sprott Physical Silver Trust

314 hedge funds and large institutions have $935M invested in Sprott Physical Silver Trust in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 82 increasing their positions, 86 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

26% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 23

18% more capital invested

Capital invested by funds: $793M → $935M (+$142M)

2.85% more ownership

Funds ownership: 20.71%23.56% (+2.8%)

1% more funds holding

Funds holding: 310314 (+4)

5% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 86

Holders
314
Holders Change
+4
Holders Change %
+1.29%
% of All Funds
4.58%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
29
Increased
82
Reduced
86
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$202M +$36M +4,561,246 +22%
Morgan Stanley
2
Morgan Stanley
New York
$84.1M +$36M +4,552,916 +78%
FDCDDQ
3
Federation des caisses Desjardins du Quebec
Quebec, Canada
$68.7M -$1.76M -223,276 -3%
JAM
4
Jupiter Asset Management
United Kingdom
$43.9M -$7.18M -909,231 -14%
Truist Financial
5
Truist Financial
North Carolina
$40.7M -$2.72M -344,107 -6%
PAMP
6
Polar Asset Management Partners
Ontario, Canada
$35.1M
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$28.5M +$782K +98,941 +3%
MG
8
Marex Group
$24.5M +$23.9M +3,026,200 New
Jane Street
9
Jane Street
New York
$20.7M +$3.51M +444,650 +21%
BCM
10
Bluefin Capital Management
New York
$17.3M +$11M +1,386,766 +187%
CWA
11
Capital Wealth Alliance
Arizona
$16.5M -$485K -61,394 -3%
RJA
12
Raymond James & Associates
Florida
$15.4M +$9.53M +1,206,770 +174%
BW
13
Basepoint Wealth
Iowa
$15M -$1.16M -146,420 -7%
Osaic Holdings
14
Osaic Holdings
Arizona
$13.1M -$14.8M -1,869,349 -54%
LPL Financial
15
LPL Financial
California
$12.1M -$217K -27,446 -2%
Wells Fargo
16
Wells Fargo
California
$11.5M +$31K +3,930 +0.3%
HCM
17
Hollencrest Capital Management
California
$10.7M +$3.74M +473,177 +55%
CTC
18
Central Trust Company
Missouri
$10.1M -$813K -102,946 -8%
BA
19
Bridge Advisory
California
$9.05M +$6.78M +858,686 +328%
ECM
20
Evergreen Capital Management
Washington
$8.94M -$198K -25,100 -2%
GWM
21
Geneos Wealth Management
Colorado
$8.05M -$84.5K -10,692 -1%
CWP
22
Cyndeo Wealth Partners
Florida
$7.71M +$187K +23,651 +3%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$7.57M -$735K -93,058 -9%
FTUS
24
Flow Traders U.S.
New York
$7.01M +$1.83M +231,317 +36%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$5.8M +$205K +25,975 +4%

PSLV Hedge Fund Activity: Q4 2023 in Review

314 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q4 2023, worth a combined $935M — up 18% from $793M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new PSLV positions and 23 closed out — a net gain of 6 holders — while 82 added to existing stakes and 86 trimmed.

The largest buyer was BlackRock, adding an estimated $36M. The largest seller was Osaic Holdings, cutting an estimated $14.8M.

  • 314 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q4 2023, up from 310 in Q3 2023.
  • Funds reported $935M of Sprott Physical Silver Trust stock for Q4 2023, up 18% quarter-over-quarter.
  • 29 funds opened new Sprott Physical Silver Trust positions in Q4 2023 and 23 closed out, a net change of +6 holders.
  • The largest Sprott Physical Silver Trust buyer in Q4 2023 was BlackRock, an estimated $36M added.
  • The largest Sprott Physical Silver Trust seller in Q4 2023 was Osaic Holdings, an estimated $14.8M sold.

Based on aggregated 13F filings for Q4 2023.