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iShares Silver Trust

418 hedge funds and large institutions have $1.58B invested in iShares Silver Trust in 2019 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 127 increasing their positions, 90 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 32

114% more funds holding in top 10

Funds holding in top 10: 715 (+8)

86% more capital invested

Capital invested by funds: $848M → $1.58B (+$729M)

41% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 90

39% more call options, than puts

Call options by funds: $1.7B | Put options by funds: $1.22B

12% more funds holding

Funds holding: 374418 (+44)

7.17% more ownership

Funds ownership: 17.21%24.38% (+7.2%)

Holders
418
Holders Change
+44
Holders Change %
+11.76%
% of All Funds
9.17%
Holding in Top 10
15
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+114.29%
% of All Funds
0.33%
New
80
Increased
127
Reduced
90
Closed
32
Calls
$1.7B
Puts
$1.22B
Net Calls
+$479M
Net Calls Change
+$304M
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
1
Susquehanna International Group
Pennsylvania
$155M +$63.6M +3,997,094 +70%
Bank of America
2
Bank of America
North Carolina
$113M +$41M +2,578,796 +57%
Jane Street
3
Jane Street
New York
$93.7M +$85M +5,342,980 +987%
GC
4
Guggenheim Capital
Illinois
$86.7M +$81.9M +5,150,410 +1,754%
Morgan Stanley
5
Morgan Stanley
New York
$73.2M +$25.8M +1,625,145 +55%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$68.1M +$46.3M +2,910,368 +213%
SVG
7
Sun Valley Gold
Idaho
$65.7M +$65.6M +4,126,100 New
Wells Fargo
8
Wells Fargo
California
$64.9M +$31.9M +2,003,922 +97%
Wolverine Trading
9
Wolverine Trading
Illinois
$40.6M +$26.1M +1,643,563 +196%
UBS Group
10
UBS Group
Switzerland
$40.5M +$4.44M +278,968 +12%
Marshall Wace
11
Marshall Wace
United Kingdom
$27.2M +$27.1M +1,706,389 New
Group One Trading
12
Group One Trading
Illinois
$26.9M +$10.6M +666,534 +65%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$25.9M +$6.17M +388,244 +31%
DPRC
14
Deer Park Road Corp
Colorado
$25.5M -$4.77M -300,000 -16%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$22.1M +$10.4M +655,928 +90%
Goldman Sachs
16
Goldman Sachs
New York
$22.1M -$21.9M -1,378,253 -50%
Citigroup
17
Citigroup
New York
$21.9M +$20.1M +1,266,198 +1,174%
LPL Financial
18
LPL Financial
California
$21.4M +$2.3M +144,476 +12%
MFM
19
MD Financial Management
Ontario, Canada
$20.9M -$3.79M -238,160 -15%
SC
20
Sagil Capital
United Kingdom
$18.5M -$159K -10,000 -0.9%
Twin Tree Management
21
Twin Tree Management
Texas
$15.6M -$248K -15,599 -2%
CS
22
Credit Suisse
Switzerland
$15.5M +$14M +880,727 +923%
RJA
23
Raymond James & Associates
Florida
$14.5M +$6.36M +400,015 +78%
FDCDDQ
24
Federation des caisses Desjardins du Quebec
Quebec, Canada
$14.2M +$13.7M +861,004 +2,816%
GLI
25
Guardian Life Insurance
New York
$13.7M -$1.13M -71,343 -8%

SLV Hedge Fund Activity: Q3 2019 in Review

418 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q3 2019, worth a combined $1.58B — up 86% from $848M a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new SLV positions and 32 closed out — a net gain of 48 holders — while 127 added to existing stakes and 90 trimmed.

The largest buyer was Jane Street, adding an estimated $85M. The largest seller was Belvedere Trading, exiting entirely with an estimated $28.3M sold.

  • 418 institutional investors held iShares Silver Trust (SLV) as of Q3 2019, up from 374 in Q2 2019.
  • Funds reported $1.58B of iShares Silver Trust stock for Q3 2019, up 86% quarter-over-quarter.
  • 80 funds opened new iShares Silver Trust positions in Q3 2019 and 32 closed out, a net change of +48 holders.
  • The largest iShares Silver Trust buyer in Q3 2019 was Jane Street, an estimated $85M added.
  • The largest iShares Silver Trust seller in Q3 2019 was Belvedere Trading, an estimated $28.3M sold.

Based on aggregated 13F filings for Q3 2019.