iShares Silver Trust
374 hedge funds and large institutions have $848M invested in iShares Silver Trust in 2019 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 91 increasing their positions, 105 reducing their positions, and 59 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
36% more call options, than puts
Call options by funds: $658M | Put options by funds: $482M
19% more capital invested
Capital invested by funds: $715M → $848M (+$133M)
2.09% more ownership
Funds ownership: 15.12% → 17.21% (+2.1%)
6% less funds holding
Funds holding: 396 → 374 (-22)
13% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 105
27% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$57.6M |
| 2 |
Goldman Sachs
New York
|
+$29.4M |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
+$24.8M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$12.3M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$13.5M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12M |
| 3 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
-$10.9M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$9.07M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.95M |
SLV Hedge Fund Activity: Q2 2019 in Review
374 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q2 2019, worth a combined $848M — up 19% from $715M a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of SLV and 43 opened new positions — a net loss of 16 holders — while 105 trimmed existing stakes and 91 added.
The largest buyer was Susquehanna International Group, adding an estimated $57.6M. The largest seller was KGH Ltd, cutting an estimated $13.5M.
- 374 institutional investors held iShares Silver Trust (SLV) as of Q2 2019, down from 396 in Q1 2019.
- Funds reported $848M of iShares Silver Trust stock for Q2 2019, up 19% quarter-over-quarter.
- 43 funds opened new iShares Silver Trust positions in Q2 2019 and 59 closed out, a net change of -16 holders.
- The largest iShares Silver Trust buyer in Q2 2019 was Susquehanna International Group, an estimated $57.6M added.
- The largest iShares Silver Trust seller in Q2 2019 was KGH Ltd, an estimated $13.5M sold.
Based on aggregated 13F filings for Q2 2019.