iShares Silver Trust
402 hedge funds and large institutions have $902M invested in iShares Silver Trust in 2017 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 91 increasing their positions, 117 reducing their positions, and 36 closing their positions.
111% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 36
72% more call options, than puts
Call options by funds: $551M | Put options by funds: $320M
11% more funds holding
Funds holding: 363 → 402 (+39)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.73% less ownership
Funds ownership: 17.13% → 16.4% (-0.73%)
3% less capital invested
Capital invested by funds: $928M → $902M (-$25.5M)
22% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 117
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$47.9M |
| 2 |
Twin Tree Management
Dallas,
Texas
|
+$10.6M |
| 3 |
VF
Virtu Financial
New York
|
+$9.73M |
| 4 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$7.97M |
| 5 |
Citigroup
New York
|
+$7.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$97M |
| 2 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
-$27.3M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
-$9.92M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$8.41M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$7.12M |
SLV Hedge Fund Activity: Q4 2017 in Review
402 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q4 2017, worth a combined $902M — down 2.8% from $928M a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new SLV positions and 36 closed out — a net gain of 40 holders — while 91 added to existing stakes and 117 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $47.9M. The largest seller was UBS Group, cutting an estimated $97M.
- 402 institutional investors held iShares Silver Trust (SLV) as of Q4 2017, up from 363 in Q3 2017.
- Funds reported $902M of iShares Silver Trust stock for Q4 2017, down 2.8% quarter-over-quarter.
- 76 funds opened new iShares Silver Trust positions in Q4 2017 and 36 closed out, a net change of +40 holders.
- The largest iShares Silver Trust buyer in Q4 2017 was Fidelity Investments, an estimated $47.9M added.
- The largest iShares Silver Trust seller in Q4 2017 was UBS Group, an estimated $97M sold.
Based on aggregated 13F filings for Q4 2017.