iShares Silver Trust
450 hedge funds and large institutions have $1.24B invested in iShares Silver Trust in 2019 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 110 increasing their positions, 124 reducing their positions, and 58 closing their positions.
62% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 58
54% more call options, than puts
Call options by funds: $1.68B | Put options by funds: $1.09B
8% more funds holding
Funds holding: 418 → 450 (+32)
5.48% less ownership
Funds ownership: 24.38% → 18.9% (-5.5%)
11% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 124
22% less capital invested
Capital invested by funds: $1.58B → $1.24B (-$341M)
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
+$40M |
| 2 |
OU
Optiver US
Chicago,
Illinois
|
+$35.6M |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
+$22.8M |
| 4 |
Barclays
London,
United Kingdom
|
+$20M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$155M |
| 2 |
Jane Street
New York
|
-$88.3M |
| 3 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$65.7M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$37.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$29M |
SLV Hedge Fund Activity: Q4 2019 in Review
450 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q4 2019, worth a combined $1.24B — down 22% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new SLV positions and 58 closed out — a net gain of 36 holders — while 110 added to existing stakes and 124 trimmed.
The largest buyer was CTC (Chicago Trading Company), opening a new position worth an estimated $40M. The largest seller was Susquehanna International Group, cutting an estimated $155M.
- 450 institutional investors held iShares Silver Trust (SLV) as of Q4 2019, up from 418 in Q3 2019.
- Funds reported $1.24B of iShares Silver Trust stock for Q4 2019, down 22% quarter-over-quarter.
- 94 funds opened new iShares Silver Trust positions in Q4 2019 and 58 closed out, a net change of +36 holders.
- The largest iShares Silver Trust buyer in Q4 2019 was CTC (Chicago Trading Company), an estimated $40M added.
- The largest iShares Silver Trust seller in Q4 2019 was Susquehanna International Group, an estimated $155M sold.
Based on aggregated 13F filings for Q4 2019.