iShares Silver Trust
326 hedge funds and large institutions have $878M invested in iShares Silver Trust in 2015 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 83 increasing their positions, 103 reducing their positions, and 20 closing their positions.
125% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 20
90% more call options, than puts
Call options by funds: $842M | Put options by funds: $444M
8% more funds holding
Funds holding: 302 → 326 (+24)
4% more capital invested
Capital invested by funds: $847M → $878M (+$30.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.07% less ownership
Funds ownership: 16.25% → 16.18% (-0.07%)
19% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$113M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$33.5M |
| 3 |
Millennium Management
New York
|
+$22.6M |
| 4 |
JP Morgan Chase
New York
|
+$19.5M |
| 5 |
O
OppenheimerFunds
New York
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$48.6M |
| 2 |
Morgan Stanley
New York
|
-$44.4M |
| 3 |
CC
Cassaday & Co
Mclean,
Virginia
|
-$36M |
| 4 |
Citigroup
New York
|
-$21.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$16.1M |
SLV Hedge Fund Activity: Q1 2015 in Review
326 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q1 2015, worth a combined $878M — up 3.6% from $847M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new SLV positions and 20 closed out — a net gain of 25 holders — while 83 added to existing stakes and 103 trimmed.
The largest buyer was Credit Suisse, adding an estimated $113M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $48.6M.
- 326 institutional investors held iShares Silver Trust (SLV) as of Q1 2015, up from 302 in Q4 2014.
- Funds reported $878M of iShares Silver Trust stock for Q1 2015, up 3.6% quarter-over-quarter.
- 45 funds opened new iShares Silver Trust positions in Q1 2015 and 20 closed out, a net change of +25 holders.
- The largest iShares Silver Trust buyer in Q1 2015 was Credit Suisse, an estimated $113M added.
- The largest iShares Silver Trust seller in Q1 2015 was BNP Paribas Financial Markets, an estimated $48.6M sold.
Based on aggregated 13F filings for Q1 2015.