iShares Silver Trust
400 hedge funds and large institutions have $933M invested in iShares Silver Trust in 2018 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 111 increasing their positions, 102 reducing their positions, and 40 closing their positions.
31% more call options, than puts
Call options by funds: $372M | Put options by funds: $283M
9% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 102
0.59% less ownership
Funds ownership: 18.73% → 18.14% (-0.59%)
4% less capital invested
Capital invested by funds: $976M → $933M (-$43.1M)
2% less funds holding
Funds holding: 410 → 400 (-10)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
15% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$29.9M |
| 2 |
OU
Optiver US
Chicago,
Illinois
|
+$27.8M |
| 3 |
PL
Polianta Ltd
St Helier,
Jersey
|
+$16.5M |
| 4 |
Barclays
London,
United Kingdom
|
+$13.8M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$34.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$22M |
| 3 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
-$20.2M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$18.1M |
| 5 |
Twin Tree Management
Dallas,
Texas
|
-$14M |
SLV Hedge Fund Activity: Q2 2018 in Review
400 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q2 2018, worth a combined $933M — down 4.4% from $976M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of SLV and 34 opened new positions — a net loss of 6 holders — while 102 trimmed existing stakes and 111 added.
The largest buyer was JP Morgan Chase, adding an estimated $29.9M. The largest seller was UBS Group, cutting an estimated $34.6M.
- 400 institutional investors held iShares Silver Trust (SLV) as of Q2 2018, down from 410 in Q1 2018.
- Funds reported $933M of iShares Silver Trust stock for Q2 2018, down 4.4% quarter-over-quarter.
- 34 funds opened new iShares Silver Trust positions in Q2 2018 and 40 closed out, a net change of -6 holders.
- The largest iShares Silver Trust buyer in Q2 2018 was JP Morgan Chase, an estimated $29.9M added.
- The largest iShares Silver Trust seller in Q2 2018 was UBS Group, an estimated $34.6M sold.
Based on aggregated 13F filings for Q2 2018.