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iShares Silver Trust

296 hedge funds and large institutions have $1.08B invested in iShares Silver Trust in 2014 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 95 increasing their positions, 98 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more call options, than puts

Call options by funds: $1.47B | Put options by funds: $719M

2.47% more ownership

Funds ownership: 15.83%18.3% (+2.5%)

3% less repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 98

4% less funds holding

Funds holding: 308296 (-12)

18% less capital invested

Capital invested by funds: $1.31B → $1.08B (-$233M)

20% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 40

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
296
Holders Change
-12
Holders Change %
-3.9%
% of All Funds
8.59%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
32
Increased
95
Reduced
98
Closed
40
Calls
$1.47B
Puts
$719M
Net Calls
+$749M
Net Calls Change
-$345M
Name Holding Trade Value Shares
Change
Change in
Stake
Fiera Capital (Canada)
101
Fiera Capital (Canada)
Quebec, Canada
$811K +$938K +49,578 New
QIM
102
Quantitative Investment Management
Virginia
$810K -$832K -44,000 -47%
MFS
103
MSI Financial Services
Massachusetts
$799K -$2.48K -131 -0.3%
SFU
104
Stonehage Fleming (UK)
United Kingdom
$798K +$3.94M +208,555 New
DADC
105
D.A. Davidson & Co
Montana
$768K +$60.2K +3,181 +7%
WA
106
WFG Advisors
Texas
$752K -$126K -6,657 -13%
PSI
107
Pinnacle Summer Investments
Virginia
$702K -$34.7K -1,837 -4%
LFR
108
Lehman Financial Resources
Pennsylvania
$695K
EA
109
Evanston Advisors
Illinois
$690K +$69.4K +3,669 +10%
CM
110
Castleark Management
Illinois
$651K
NCM
111
Narwhal Capital Management
Georgia
$649K +$28.4K +1,500 +4%
SI
112
SII Investments
Wisconsin
$643K +$103K +5,448 +16%
SC
113
Scotia Capital
Ontario, Canada
$607K +$369K +19,500 +111%
BA
114
Bard Associates
Illinois
$592K
SI
115
Stephens Inc
Arkansas
$592K +$3.78K +200 +0.6%
ACM
116
Argentus Capital Management
Texas
$588K +$455K +24,052 +202%
GA
117
GFS Advisors
Texas
$585K +$676K +35,770 New
Schroder Investment Management Group
118
Schroder Investment Management Group
United Kingdom
$571K +$522K +27,580 +375%
First Manhattan
119
First Manhattan
New York
$561K
BCM
120
Brookstone Capital Management
Illinois
$561K +$18.3K +970 +3%
CCM
121
Catawba Capital Management
Virginia
$531K
BAAM
122
Baker Avenue Asset Management
California
$530K -$266K -14,070 -30%
PAG
123
Private Advisor Group
New Jersey
$511K +$88.8K +4,697 +18%
EAM
124
Evanson Asset Management
California
$502K -$26.2K -1,383 -4%
ICAS
125
Investors Capital Advisory Services
Massachusetts
$502K -$12.8K -676 -2%

SLV Hedge Fund Activity: Q3 2014 in Review

296 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q3 2014, worth a combined $1.08B — down 18% from $1.31B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of SLV and 32 opened new positions — a net loss of 8 holders — while 98 trimmed existing stakes and 95 added.

The largest buyer was Royal Bank of Canada, adding an estimated $67.2M. The largest seller was Morgan Stanley, cutting an estimated $28.7M.

  • 296 institutional investors held iShares Silver Trust (SLV) as of Q3 2014, down from 308 in Q2 2014.
  • Funds reported $1.08B of iShares Silver Trust stock for Q3 2014, down 18% quarter-over-quarter.
  • 32 funds opened new iShares Silver Trust positions in Q3 2014 and 40 closed out, a net change of -8 holders.
  • The largest iShares Silver Trust buyer in Q3 2014 was Royal Bank of Canada, an estimated $67.2M added.
  • The largest iShares Silver Trust seller in Q3 2014 was Morgan Stanley, an estimated $28.7M sold.

Based on aggregated 13F filings for Q3 2014.