iShares Silver Trust
450 hedge funds and large institutions have $1.2B invested in iShares Silver Trust in 2019 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 110 increasing their positions, 124 reducing their positions, and 58 closing their positions.
62% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 58
49% more call options, than puts
Call options by funds: $1.56B | Put options by funds: $1.05B
8% more funds holding
Funds holding: 418 → 450 (+32)
6.11% less ownership
Funds ownership: 24.38% → 18.27% (-6.1%)
11% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 124
24% less capital invested
Capital invested by funds: $1.58B → $1.2B (-$382M)
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OU
Optiver US
Chicago,
Illinois
|
+$35.6M |
| 2 |
Belvedere Trading
Chicago,
Illinois
|
+$22.8M |
| 3 |
Barclays
London,
United Kingdom
|
+$20M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$14M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$155M |
| 2 |
Jane Street
New York
|
-$88.3M |
| 3 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$65.7M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$37.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$29M |
SLV Hedge Fund Activity: Q4 2019 in Review
450 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q4 2019, worth a combined $1.2B — down 24% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new SLV positions and 58 closed out — a net gain of 36 holders — while 110 added to existing stakes and 124 trimmed.
The largest buyer was Optiver US, adding an estimated $35.6M. The largest seller was Susquehanna International Group, cutting an estimated $155M.
- 450 institutional investors held iShares Silver Trust (SLV) as of Q4 2019, up from 418 in Q3 2019.
- Funds reported $1.2B of iShares Silver Trust stock for Q4 2019, down 24% quarter-over-quarter.
- 94 funds opened new iShares Silver Trust positions in Q4 2019 and 58 closed out, a net change of +36 holders.
- The largest iShares Silver Trust buyer in Q4 2019 was Optiver US, an estimated $35.6M added.
- The largest iShares Silver Trust seller in Q4 2019 was Susquehanna International Group, an estimated $155M sold.
Based on aggregated 13F filings for Q4 2019.