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iShares Silver Trust

319 hedge funds and large institutions have $864M invested in iShares Silver Trust in 2015 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 89 increasing their positions, 89 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 26 (+4)

38% more call options, than puts

Call options by funds: $746M | Put options by funds: $540M

0.61% more ownership

Funds ownership: 16.18%16.79% (+0.61%)

0% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 89

2% less capital invested

Capital invested by funds: $884M → $864M (-$20.2M)

3% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 32

2% less funds holding

Funds holding: 326319 (-7)

Holders
319
Holders Change
-7
Holders Change %
-2.15%
% of All Funds
8.6%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.16%
New
31
Increased
89
Reduced
89
Closed
32
Calls
$746M
Puts
$540M
Net Calls
+$206M
Net Calls Change
-$192M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
1
Credit Suisse
Switzerland
$146M +$4.04M +257,797 +3%
Bank of America
2
Bank of America
North Carolina
$83.7M +$9.76M +622,021 +13%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$69.2M -$4.81M -306,327 -6%
Morgan Stanley
4
Morgan Stanley
New York
$67.5M +$6.74M +429,565 +11%
KL
5
KGH Ltd
Bahamas
$62.1M +$31.9M +2,033,830 +97%
Millennium Management
6
Millennium Management
New York
$46.8M +$26.7M +1,704,024 +121%
Citadel Advisors
7
Citadel Advisors
Florida
$23.6M +$20.1M +1,280,818 +447%
Wells Fargo
8
Wells Fargo
California
$22.4M +$2.88M +183,439 +14%
Goldman Sachs
9
Goldman Sachs
New York
$18.7M +$10.9M +693,058 +126%
UBS Group
10
UBS Group
Switzerland
$18.6M -$9.59M -611,309 -33%
JP Morgan Chase
11
JP Morgan Chase
New York
$17.6M -$76M -4,844,802 -80%
Citigroup
12
Citigroup
New York
$15.1M -$3.32M -211,799 -17%
BNP Paribas Financial Markets
13
BNP Paribas Financial Markets
France
$13.5M +$8.34M +531,655 +145%
Teacher Retirement System of Texas
14
Teacher Retirement System of Texas
Texas
$13.2M
GLI
15
Guardian Life Insurance
New York
$12.7M +$11.2M +714,512 +556%
Barclays
16
Barclays
United Kingdom
$10M +$1.35M +85,826 +15%
FRM
17
Fore Research & Management
New York
$9.32M +$9.73M +620,000 New
USAA
18
United Services Automobile Association
Texas
$7.92M -$565 -36 -0%
VF
19
Virtu Financial
New York
$7.56M +$7.89M +502,952 New
ANTB
20
AMG National Trust Bank
Colorado
$6.62M -$65.6K -4,183 -0.9%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$6.36M +$604K +38,498 +10%
FC
22
Financial Consulate
Maryland
$6.26M +$103K +6,544 +2%
NCA
23
New Century Advisors
Maryland
$5.34M +$941K +60,000 +20%
QI
24
QS Investors
New York
$5.25M +$288K +18,364 +6%
Stifel Financial
25
Stifel Financial
Missouri
$4.62M -$3.64M -232,093 -43%

SLV Hedge Fund Activity: Q2 2015 in Review

319 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q2 2015, worth a combined $864M — down 2.3% from $884M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of SLV and 31 opened new positions — a net loss of 1 holder — while 89 trimmed existing stakes and 89 added.

The largest buyer was KGH Ltd, adding an estimated $31.9M. The largest seller was JP Morgan Chase, cutting an estimated $76M.

  • 319 institutional investors held iShares Silver Trust (SLV) as of Q2 2015, down from 326 in Q1 2015.
  • Funds reported $864M of iShares Silver Trust stock for Q2 2015, down 2.3% quarter-over-quarter.
  • 31 funds opened new iShares Silver Trust positions in Q2 2015 and 32 closed out, a net change of -1 holder.
  • The largest iShares Silver Trust buyer in Q2 2015 was KGH Ltd, an estimated $31.9M added.
  • The largest iShares Silver Trust seller in Q2 2015 was JP Morgan Chase, an estimated $76M sold.

Based on aggregated 13F filings for Q2 2015.