Sprott Physical Silver Trust
PSLV
508 hedge funds and large institutions have $3.83B invested in Sprott Physical Silver Trust in 2026 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 138 increasing their positions, 189 reducing their positions, and 54 closing their positions.
121% more call options, than puts
Call options by funds: $6.61M | Put options by funds: $2.99M
56% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 54
12% more capital invested
Capital invested by funds: $3.42B → $3.83B (+$404M)
5% more funds holding
Funds holding: 486 → 508 (+22)
4% more funds holding in top 10
Funds holding in top 10: 24 → 25 (+1)
0.58% more ownership
Funds ownership: 24.15% → 24.72% (+0.58%)
27% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 189
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$344M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$224M |
| 3 |
Goldman Sachs
New York
|
+$114M |
| 4 |
Jane Street
New York
|
+$46.7M |
| 5 |
CCC
Cable Car Capital
San Francisco,
California
|
+$27.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$206M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$81.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$22.6M |
| 4 |
TIAA Trust, National Association
Charlotte,
North Carolina
|
-$18.8M |
| 5 |
HCC
Hatch Cove Capital
Chicago,
Illinois
|
-$18.7M |
PSLV Hedge Fund Activity: Q1 2026 in Review
508 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Silver Trust (PSLV) for Q1 2026, worth a combined $3.83B — up 12% from $3.42B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new PSLV positions and 54 closed out — a net gain of 30 holders — while 138 added to existing stakes and 189 trimmed.
The largest buyer was IMC Chicago, adding an estimated $344M. The largest seller was BlackRock, cutting an estimated $206M.
- 508 institutional investors held Sprott Physical Silver Trust (PSLV) as of Q1 2026, up from 486 in Q4 2025.
- Funds reported $3.83B of Sprott Physical Silver Trust stock for Q1 2026, up 12% quarter-over-quarter.
- 84 funds opened new Sprott Physical Silver Trust positions in Q1 2026 and 54 closed out, a net change of +30 holders.
- The largest Sprott Physical Silver Trust buyer in Q1 2026 was IMC Chicago, an estimated $344M added.
- The largest Sprott Physical Silver Trust seller in Q1 2026 was BlackRock, an estimated $206M sold.
Based on aggregated 13F filings for Q1 2026.