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iShares Silver Trust

363 hedge funds and large institutions have $1.12B invested in iShares Silver Trust in 2016 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 120 increasing their positions, 73 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $686M | Put options by funds: $322M

100% more funds holding in top 10

Funds holding in top 10: 714 (+7)

64% more repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 73

61% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 41

34% more capital invested

Capital invested by funds: $834M → $1.12B (+$281M)

6% more funds holding

Funds holding: 342363 (+21)

0.92% more ownership

Funds ownership: 16.44%17.35% (+0.92%)

Holders
363
Holders Change
+21
Holders Change %
+6.14%
% of All Funds
9.69%
Holding in Top 10
14
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+100%
% of All Funds
0.37%
New
66
Increased
120
Reduced
73
Closed
41
Calls
$686M
Puts
$322M
Net Calls
+$364M
Net Calls Change
-$53.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$104M +$48.7M +3,046,175 +109%
Morgan Stanley
2
Morgan Stanley
New York
$89M +$16.5M +1,029,793 +26%
Wells Fargo
3
Wells Fargo
California
$85.2M +$43.7M +2,729,835 +134%
SF
4
Synovus Financial
Georgia
$63.9M +$224K +13,994 +0.9%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$53.9M -$6.87M -429,551 -12%
UBS Group
6
UBS Group
Switzerland
$37M -$6.41M -400,839 -16%
Teacher Retirement System of Texas
7
Teacher Retirement System of Texas
Texas
$30.6M -$4.32M -270,000 -14%
SG Americas Securities
8
SG Americas Securities
New York
$29.8M +$14.6M +910,488 +121%
SG
9
Societe Generale
$29.8M +$26.6M +1,665,526 New
Barclays
10
Barclays
United Kingdom
$23.4M +$18.6M +1,164,758 +813%
JIR
11
James Investment Research
Ohio
$20.9M -$137K -8,548 -0.7%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$19.5M +$3.36M +210,127 +24%
DS
13
DRW Securities
Illinois
$18.7M -$637K -39,822 -4%
AAM
14
Alphadyne Asset Management
New York
$16.9M +$15.1M +943,500 New
AA
15
Antipodean Advisors
New York
$15.2M -$5.33M -333,000 -28%
GLI
16
Guardian Life Insurance
New York
$12.8M -$438K -27,401 -4%
CC
17
Cadinha & Co
Hawaii
$12.4M +$11.1M +695,590 New
Wolverine Trading
18
Wolverine Trading
Illinois
$12.3M +$11.4M +709,695 New
Goldman Sachs
19
Goldman Sachs
New York
$12M -$1.29M -80,508 -11%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$11.9M +$2.51M +156,950 +31%
CCP
21
Clough Capital Partners
Massachusetts
$11.2M +$10M +626,800 New
BNP Paribas Financial Markets
22
BNP Paribas Financial Markets
France
$11.2M +$8.37M +523,131 +507%
SI
23
Sensato Investors
California
$10.8M +$1.15M +71,580 +13%
QIM
24
Quantitative Investment Management
Virginia
$10.5M +$5M +312,700 +113%
BC
25
Brinker Capital
Pennsylvania
$9.72M -$7.57M -473,274 -47%

SLV Hedge Fund Activity: Q2 2016 in Review

363 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q2 2016, worth a combined $1.12B — up 34% from $834M a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new SLV positions and 41 closed out — a net gain of 25 holders — while 120 added to existing stakes and 73 trimmed.

The largest buyer was Bank of America, adding an estimated $48.7M. The largest seller was AssetMark Inc, cutting an estimated $74.9M.

  • 363 institutional investors held iShares Silver Trust (SLV) as of Q2 2016, up from 342 in Q1 2016.
  • Funds reported $1.12B of iShares Silver Trust stock for Q2 2016, up 34% quarter-over-quarter.
  • 66 funds opened new iShares Silver Trust positions in Q2 2016 and 41 closed out, a net change of +25 holders.
  • The largest iShares Silver Trust buyer in Q2 2016 was Bank of America, an estimated $48.7M added.
  • The largest iShares Silver Trust seller in Q2 2016 was AssetMark Inc, an estimated $74.9M sold.

Based on aggregated 13F filings for Q2 2016.