iShares Silver Trust
1,552 hedge funds and large institutions have $10.4B invested in iShares Silver Trust in 2026 Q1 according to their latest regulatory filings, with 229 funds opening new positions, 455 increasing their positions, 678 reducing their positions, and 166 closing their positions.
38% more first-time investments, than exits
New positions opened: 229 | Existing positions closed: 166
14% more call options, than puts
Call options by funds: $24.1B | Put options by funds: $21.1B
2% more funds holding
Funds holding: 1,521 → 1,552 (+31)
5.66% less ownership
Funds ownership: 32.67% → 27.01% (-5.7%)
16% less capital invested
Capital invested by funds: $12.4B → $10.4B (-$1.94B)
30% less funds holding in top 10
Funds holding in top 10: 67 → 47 (-20)
33% less repeat investments, than reductions
Existing positions increased: 455 | Existing positions reduced: 678
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$432M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$171M |
| 3 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
+$124M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
+$64.1M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$51.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$899M |
| 2 |
Morgan Stanley
New York
|
-$444M |
| 3 |
SG Americas Securities
New York
|
-$189M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$153M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$104M |
SLV Hedge Fund Activity: Q1 2026 in Review
1,552 of the 8,131 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q1 2026, worth a combined $10.4B — down 16% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 229 funds opened new SLV positions and 166 closed out — a net gain of 63 holders — while 455 added to existing stakes and 678 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $432M. The largest seller was Jane Street, cutting an estimated $899M.
- 1,552 institutional investors held iShares Silver Trust (SLV) as of Q1 2026, up from 1,521 in Q4 2025.
- Funds reported $10.4B of iShares Silver Trust stock for Q1 2026, down 16% quarter-over-quarter.
- 229 funds opened new iShares Silver Trust positions in Q1 2026 and 166 closed out, a net change of +63 holders.
- The largest iShares Silver Trust buyer in Q1 2026 was Susquehanna International Group, an estimated $432M added.
- The largest iShares Silver Trust seller in Q1 2026 was Jane Street, an estimated $899M sold.
Based on aggregated 13F filings for Q1 2026.