iShares Silver Trust
410 hedge funds and large institutions have $778M invested in iShares Silver Trust in 2018 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 99 increasing their positions, 116 reducing their positions, and 44 closing their positions.
183% more call options, than puts
Call options by funds: $886M | Put options by funds: $313M
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
25% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 44
2% more funds holding
Funds holding: 401 → 410 (+9)
2.78% less ownership
Funds ownership: 18.2% → 15.43% (-2.8%)
15% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 116
18% less capital invested
Capital invested by funds: $947M → $778M (-$170M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
+$28.4M |
| 2 |
DPRC
Deer Park Road Corp
Steamboat Springs,
Colorado
|
+$14.1M |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$11.5M |
| 4 |
SC
Sagil Capital
London,
United Kingdom
|
+$7.4M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$7.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$45M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$23M |
| 3 |
JP Morgan Chase
New York
|
-$22M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$17.3M |
| 5 |
OU
Optiver US
Chicago,
Illinois
|
-$17M |
SLV Hedge Fund Activity: Q3 2018 in Review
410 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q3 2018, worth a combined $778M — down 18% from $947M a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new SLV positions and 44 closed out — a net gain of 11 holders — while 99 added to existing stakes and 116 trimmed.
The largest buyer was CTC (Chicago Trading Company), opening a new position worth an estimated $28.4M. The largest seller was Bank of America, cutting an estimated $45M.
- 410 institutional investors held iShares Silver Trust (SLV) as of Q3 2018, up from 401 in Q2 2018.
- Funds reported $778M of iShares Silver Trust stock for Q3 2018, down 18% quarter-over-quarter.
- 55 funds opened new iShares Silver Trust positions in Q3 2018 and 44 closed out, a net change of +11 holders.
- The largest iShares Silver Trust buyer in Q3 2018 was CTC (Chicago Trading Company), an estimated $28.4M added.
- The largest iShares Silver Trust seller in Q3 2018 was Bank of America, an estimated $45M sold.
Based on aggregated 13F filings for Q3 2018.