iShares Silver Trust
410 hedge funds and large institutions have $986M invested in iShares Silver Trust in 2018 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 101 increasing their positions, 120 reducing their positions, and 45 closing their positions.
27% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 45
26% more call options, than puts
Call options by funds: $395M | Put options by funds: $315M
9% more capital invested
Capital invested by funds: $902M → $986M (+$83.4M)
2.52% more ownership
Funds ownership: 16.4% → 18.92% (+2.5%)
2% more funds holding
Funds holding: 402 → 410 (+8)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
16% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$101M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$36.5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$29M |
| 4 |
Twin Tree Management
Dallas,
Texas
|
+$12.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.6M |
| 2 |
VF
Virtu Financial
New York
|
-$19.8M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$10.5M |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$8.59M |
| 5 |
PL
Polianta Ltd
St Helier,
Jersey
|
-$8.49M |
SLV Hedge Fund Activity: Q1 2018 in Review
410 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q1 2018, worth a combined $986M — up 9.2% from $902M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new SLV positions and 45 closed out — a net gain of 12 holders — while 101 added to existing stakes and 120 trimmed.
The largest buyer was Bank of America, adding an estimated $101M. The largest seller was Fidelity Investments, cutting an estimated $47.6M.
- 410 institutional investors held iShares Silver Trust (SLV) as of Q1 2018, up from 402 in Q4 2017.
- Funds reported $986M of iShares Silver Trust stock for Q1 2018, up 9.2% quarter-over-quarter.
- 57 funds opened new iShares Silver Trust positions in Q1 2018 and 45 closed out, a net change of +12 holders.
- The largest iShares Silver Trust buyer in Q1 2018 was Bank of America, an estimated $101M added.
- The largest iShares Silver Trust seller in Q1 2018 was Fidelity Investments, an estimated $47.6M sold.
Based on aggregated 13F filings for Q1 2018.