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iShares Silver Trust

366 hedge funds and large institutions have $972M invested in iShares Silver Trust in 2017 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 101 increasing their positions, 103 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more call options, than puts

Call options by funds: $585M | Put options by funds: $342M

24% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 38

1% more capital invested

Capital invested by funds: $964M → $972M (+$8.13M)

1% more funds holding

Funds holding: 364366 (+2)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0.56% less ownership

Funds ownership: 16.54%15.98% (-0.56%)

2% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 103

Holders
366
Holders Change
+2
Holders Change %
+0.55%
% of All Funds
9.11%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
47
Increased
101
Reduced
103
Closed
38
Calls
$585M
Puts
$342M
Net Calls
+$242M
Net Calls Change
-$40.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
1
Susquehanna International Group
Pennsylvania
$113M -$16.2M -976,958 -13%
Bank of America
2
Bank of America
North Carolina
$79.8M +$2.52M +152,359 +3%
UBS Group
3
UBS Group
Switzerland
$78.1M -$7.74M -467,808 -9%
Morgan Stanley
4
Morgan Stanley
New York
$70.2M -$6.33M -382,491 -9%
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$40.7M +$22.2M +1,339,589 +132%
Wells Fargo
6
Wells Fargo
California
$38.5M -$3.28M -197,846 -8%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$33.9M -$7.45M -450,315 -19%
QIM
8
Quantitative Investment Management
Virginia
$30.6M +$9.67M +584,400 +49%
Jane Street
9
Jane Street
New York
$29.2M +$24.7M +1,490,201 +738%
JIR
10
James Investment Research
Ohio
$26.7M +$7.11M +429,234 +38%
Group One Trading
11
Group One Trading
Illinois
$26.7M -$8.22M -496,695 -24%
GLI
12
Guardian Life Insurance
New York
$22.7M +$9.44M +570,146 +76%
JP Morgan Chase
13
JP Morgan Chase
New York
$14.8M +$8.84M +533,865 +163%
Teacher Retirement System of Texas
14
Teacher Retirement System of Texas
Texas
$13.5M
Goldman Sachs
15
Goldman Sachs
New York
$12.8M -$687K -41,511 -5%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$11.4M -$616K -37,234 -5%
Barclays
17
Barclays
United Kingdom
$10.6M -$10.1M -607,280 -50%
RCYC
18
Richard C. Young & Co
Rhode Island
$8.93M +$299K +18,041 +4%
LPL Financial
19
LPL Financial
California
$8.42M +$3.61M +217,968 +81%
LCM
20
Lakewood Capital Management
New York
$8.4M +$8.06M +487,000 New
Citigroup
21
Citigroup
New York
$8.28M -$650K -39,243 -8%
CS
22
Credit Suisse
Switzerland
$8.25M -$35M -2,112,039 -82%
Ameriprise
23
Ameriprise
Minnesota
$8.14M +$1.52M +91,976 +24%
OAM
24
Oxford Asset Management
United Kingdom
$7.89M +$7.57M +457,317 New
RJA
25
Raymond James & Associates
Florida
$7.88M -$497K -30,015 -6%

SLV Hedge Fund Activity: Q1 2017 in Review

366 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q1 2017, worth a combined $972M — up 0.84% from $964M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new SLV positions and 38 closed out — a net gain of 9 holders — while 101 added to existing stakes and 103 trimmed.

The largest buyer was Jane Street, adding an estimated $24.7M. The largest seller was Credit Suisse, cutting an estimated $35M.

  • 366 institutional investors held iShares Silver Trust (SLV) as of Q1 2017, up from 364 in Q4 2016.
  • Funds reported $972M of iShares Silver Trust stock for Q1 2017, up 0.84% quarter-over-quarter.
  • 47 funds opened new iShares Silver Trust positions in Q1 2017 and 38 closed out, a net change of +9 holders.
  • The largest iShares Silver Trust buyer in Q1 2017 was Jane Street, an estimated $24.7M added.
  • The largest iShares Silver Trust seller in Q1 2017 was Credit Suisse, an estimated $35M sold.

Based on aggregated 13F filings for Q1 2017.