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iShares Silver Trust

359 hedge funds and large institutions have $926M invested in iShares Silver Trust in 2017 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 113 increasing their positions, 93 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

122% more call options, than puts

Call options by funds: $529M | Put options by funds: $238M

22% more repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 93

0.38% more ownership

Funds ownership: 15.98%16.36% (+0.38%)

5% less capital invested

Capital invested by funds: $972M → $926M (-$46M)

6% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 31

2% less funds holding

Funds holding: 366359 (-7)

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
359
Holders Change
-7
Holders Change %
-1.91%
% of All Funds
8.95%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
29
Increased
113
Reduced
93
Closed
31
Calls
$529M
Puts
$238M
Net Calls
+$290M
Net Calls Change
+$47.9M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$155M +$87.1M +5,350,821 +118%
Morgan Stanley
2
Morgan Stanley
New York
$82.6M +$19.3M +1,184,551 +29%
Bank of America
3
Bank of America
North Carolina
$58.4M -$14.8M -909,225 -20%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$48.8M -$56.4M -3,464,186 -53%
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$45M +$8.23M +505,353 +21%
Wells Fargo
6
Wells Fargo
California
$41.4M +$6.57M +403,356 +18%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$26.5M -$4.51M -277,081 -14%
GLI
8
Guardian Life Insurance
New York
$22.2M +$1.57M +96,152 +7%
Barclays
9
Barclays
United Kingdom
$20.5M +$11.3M +693,527 +113%
JIR
10
James Investment Research
Ohio
$19.3M -$5.2M -319,355 -21%
LPL Financial
11
LPL Financial
California
$18.7M +$11.5M +703,687 +144%
Group One Trading
12
Group One Trading
Illinois
$17.7M -$6.86M -421,029 -27%
PP
13
Paloma Partners
Connecticut
$17.2M +$17.4M +1,068,062 +4,270%
Goldman Sachs
14
Goldman Sachs
New York
$14.3M +$2.71M +166,261 +22%
Jane Street
15
Jane Street
New York
$13.3M -$13.7M -844,264 -50%
CG
16
Cutler Group
California
$12.9M +$6.22M +382,249 +87%
Teacher Retirement System of Texas
17
Teacher Retirement System of Texas
Texas
$11.2M -$1.06M -65,000 -8%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$10.5M +$190K +11,694 +2%
JP Morgan Chase
19
JP Morgan Chase
New York
$9.77M -$3.89M -238,770 -28%
RCYC
20
Richard C. Young & Co
Rhode Island
$8.41M +$292K +17,955 +3%
ANTB
21
AMG National Trust Bank
Colorado
$8.24M +$2.51M +154,385 +42%
Ameriprise
22
Ameriprise
Minnesota
$7.79M +$392K +24,091 +5%
Voloridge Investment Management
23
Voloridge Investment Management
Florida
$7.66M +$7.94M +487,504 New
LCM
24
Lakewood Capital Management
New York
$7.65M
TCMG
25
TSP Capital Management Group
New Jersey
$6.86M

SLV Hedge Fund Activity: Q2 2017 in Review

359 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q2 2017, worth a combined $926M — down 4.7% from $972M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of SLV and 29 opened new positions — a net loss of 2 holders — while 93 trimmed existing stakes and 113 added.

The largest buyer was UBS Group, adding an estimated $87.1M. The largest seller was Susquehanna International Group, cutting an estimated $56.4M.

  • 359 institutional investors held iShares Silver Trust (SLV) as of Q2 2017, down from 366 in Q1 2017.
  • Funds reported $926M of iShares Silver Trust stock for Q2 2017, down 4.7% quarter-over-quarter.
  • 29 funds opened new iShares Silver Trust positions in Q2 2017 and 31 closed out, a net change of -2 holders.
  • The largest iShares Silver Trust buyer in Q2 2017 was UBS Group, an estimated $87.1M added.
  • The largest iShares Silver Trust seller in Q2 2017 was Susquehanna International Group, an estimated $56.4M sold.

Based on aggregated 13F filings for Q2 2017.