iShares Silver Trust
309 hedge funds and large institutions have $1.06B invested in iShares Silver Trust in 2014 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 84 increasing their positions, 104 reducing their positions, and 27 closing their positions.
134% more call options, than puts
Call options by funds: $1.38B | Put options by funds: $591M
63% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 27
5% more funds holding
Funds holding: 294 → 309 (+15)
3% more capital invested
Capital invested by funds: $1.03B → $1.06B (+$27.5M)
0.06% less ownership
Funds ownership: 16.43% → 16.37% (-0.06%)
19% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 104
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$67.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$20.7M |
| 3 |
Citigroup
New York
|
+$9.35M |
| 4 |
QI
QS Investors
New York
|
+$8.09M |
| 5 |
Millennium Management
New York
|
+$7.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$60.2M |
| 2 |
Morgan Stanley
New York
|
-$25.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$15.3M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$10.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.25M |
SLV Hedge Fund Activity: Q1 2014 in Review
309 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q1 2014, worth a combined $1.06B — up 2.7% from $1.03B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new SLV positions and 27 closed out — a net gain of 17 holders — while 84 added to existing stakes and 104 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $67.6M. The largest seller was Credit Suisse, cutting an estimated $60.2M.
- 309 institutional investors held iShares Silver Trust (SLV) as of Q1 2014, up from 294 in Q4 2013.
- Funds reported $1.06B of iShares Silver Trust stock for Q1 2014, up 2.7% quarter-over-quarter.
- 44 funds opened new iShares Silver Trust positions in Q1 2014 and 27 closed out, a net change of +17 holders.
- The largest iShares Silver Trust buyer in Q1 2014 was Susquehanna International Group, an estimated $67.6M added.
- The largest iShares Silver Trust seller in Q1 2014 was Credit Suisse, an estimated $60.2M sold.
Based on aggregated 13F filings for Q1 2014.