Vault-13

ABRDN SILVER ETF TRUST SIVR

PHYSCL SILVR SHS · ETP · CUSIP 003264108

151 institutional holders +3 vs Q4 2022
8,669,3838.7m shares reported held*
$200.3mreported value*
22 new 32 added 45 reduced 17 sold out net sold ≈ $61.2m (-2.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $23.11. Options: 8 managers hold calls ($7.3m notional), 7 hold puts ($1.7m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 130Q4 22: 148Q1 23: 151151Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022130
Q4 2022148
Q1 2023151

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 59 bought or addedQ4 22: 56 cut or sold outQ4 22Q1 23: 54 bought or addedQ1 23: 62 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225956
Q1 20235462

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $3.2mQ3 22 puts: $1.7mQ3 22P/C 0.52Q4 22 calls: $7.1mQ4 22 puts: $376.5kQ4 22P/C 0.05Q1 23 calls: $7.3mQ1 23 puts: $1.7mQ1 23P/C 0.24
Numbers
QuarterCallsPutsP/C
Q3 2022$3.2m$1.7m0.52
Q4 2022$7.1m$376.5k0.05
Q1 2023$7.3m$1.7m0.24

Biggest buyers

Cambridge Investment Research Advisors, Inc. Added +136,959+137.0k
OmniStar Financial Group, Inc. New +121,318+121.3k
Corient Private Wealth LP New +120,162+120.2k
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Added +97,230+97.2k
RENAISSANCE TECHNOLOGIES LLC New +89,800+89.8k
Empowered Funds, LLC New +54,553+54.6k
LPL Financial LLC Added +53,191+53.2k
World Investment Advisors Added +41,284+41.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +31,337+31.3k
Sowell Financial Services LLC New +31,200+31.2k

Biggest sellers

JANE STREET GROUP, LLC Reduced -2,333,894-2.3m
Sycale Advisors (NY) LLC Sold out -281,221-281.2k
BANK OF AMERICA CORP /DE/ Reduced -199,284-199.3k
Synergy Asset Management, LLC Reduced -174,788-174.8k
BANK OF MONTREAL /CAN/ Reduced -111,654-111.7k
MILESTONE ASSET MANAGEMENT, LLC Reduced -110,012-110.0k
WELLS FARGO & COMPANY/MN Reduced -82,400-82.4k
Worth Asset Management, LLC Reduced -67,811-67.8k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -51,998-52.0k
Brookstone Capital Management Sold out -23,669-23.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.3m142.6k shares
JANE STREET GROUP, LLC Reduced $2.2m95.3k shares
CITADEL ADVISORS LLC Reduced $704.9k30.5k shares
WOLVERINE TRADING, LLC New $665.0k29.0k shares
SIMPLEX TRADING, LLC Added $323.0k14.0k shares
Cutler Group LLC / CA Added $54.0k30.6k shares
GROUP ONE TRADING LLC Added $20.8k900 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $499.2k21.6k shares
JANE STREET GROUP, LLC New $494.6k21.4k shares
CITADEL ADVISORS LLC Added $374.4k16.2k shares
WOLVERINE TRADING, LLC New $328.0k14.3k shares
SIMPLEX TRADING, LLC Added $30.0k1.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA New $01.9k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 779,478779.5k $18.0m $18.0m 0.04% Reduced -1.0k -1,015
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 603,747603.7k $14.0m $14.0m 0.00% Reduced -199.3k -199,284
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 535,732535.7k $12.4m $12.4m 0.00% Reduced -82.4k -82,400
4 Systelligence, LLC 3.08% of their portfolio BLOOMINGTON, MN 519,705519.7k $12.0m $12.0m 3.08% Reduced -11.4k -11,420
5 UBS Group AG 0.00% of their portfolio ZURICH, V8 407,395407.4k $9.4m $9.4m 0.00% Reduced -18.5k -18,463
6 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 392,706392.7k $9.1m $9.1m 0.04% Added +137.0k +136,959
7 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 340,240340.2k $7.9m $7.9m 0.01% Added +53.2k +53,191
8 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 304,258304.3k $7.0m $7.0m 0.01% Reduced -2.3m -2,333,894
9 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.09% of their portfolio Madrid, U3 296,675296.7k $6.9m $6.9m 0.09% Added +97.2k +97,230
10 AMG National Trust Bank 0.20% of their portfolio GREENWOOD VILLAGE, CO 244,966245.0k $5.7m $5.7m 0.20% Reduced -17.9k -17,916
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 228,208228.2k $5.3m $5.3m 0.00% Added +7.8k +7,785
12 World Investment Advisors 1.07% of their portfolio LINCROFT, NJ 222,933222.9k $5.2m $5.2m 1.07% Added +41.3k +41,284
13 Gradient Investments LLC 0.12% of their portfolio ARDEN HILLS, MN 194,560194.6k $4.5m $4.5m 0.12% Reduced -16.9k -16,876
14 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 167,650167.7k $3.9m $3.9m 0.04% Added +15.9k +15,882
15 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 156,926156.9k $3.6m $3.6m 0.00% Reduced -12.6k -12,595
16 Pettinga Financial Advisors LLC 1.10% of their portfolio EVANSVILLE, IN 153,245153.2k $3.5m $3.5m 1.10% Reduced -1.2k -1,225
17 MILESTONE ASSET MANAGEMENT, LLC 1.77% of their portfolio PITTSBURGH, PA 133,928133.9k $3.1m $3.1m 1.77% Reduced -110.0k -110,012
18 Synergy Asset Management, LLC 0.71% of their portfolio VANCOUVER, WA 128,163128.2k $3.0m $3.0m 0.71% Reduced -174.8k -174,788
19 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 125,592125.6k $2.9m $2.9m 0.00% Added +500 +500
20 OmniStar Financial Group, Inc. 3.56% of their portfolio Wilmington, NC 121,318121.3k $2.8m $2.8m 3.56% New
21 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 120,162120.2k $2.8m $2.8m 0.01% New
22 180 WEALTH ADVISORS, LLC 0.64% of their portfolio FEDERAL WAY, WA 119,095119.1k $2.8m $2.8m 0.64% Added +3.7k +3,729
23 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 116,188116.2k $2.7m $2.7m 0.01% Reduced -52.0k -51,998
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 96,92596.9k $2.2m $2.2m 0.00% Added +5.4k +5,426
25 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 93,81093.8k $2.2m $2.2m 0.00% Reduced -10.8k -10,775
26 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 89,80089.8k $2.1m $2.1m 0.00% New
27 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 87,28687.3k $2.0m $2.0m 0.00% Added +7.4k +7,429
28 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 86,76086.8k $2.0m $2.0m 0.00% Reduced -111.7k -111,654
29 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 83,81983.8k $1.9m $1.9m 0.00% Added +26.6k +26,608
30 Richard C. Young & CO., LTD. 0.25% of their portfolio NEWPORT, RI 79,29479.3k $1.8m $1.8m 0.25% Reduced -2.8k -2,837
31 BOS Asset Management, LLC 1.41% of their portfolio SPRINGFIELD, IL 73,50073.5k $1.7m $1.7m 1.41% Reduced -3.7k -3,700
32 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 67,31667.3k $1.6m $1.6m 0.00% Added +8.3k +8,345
33 Worth Asset Management, LLC 1.00% of their portfolio DALLAS, TX 56,92356.9k $1.3m $1.3m 1.00% Reduced -67.8k -67,811
34 Marble Harbor Investment Counsel, LLC 0.17% of their portfolio BOSTON, MA 56,30056.3k $1.3m $1.3m 0.17% Reduced -4.3k -4,300
35 Empowered Funds, LLC 0.07% of their portfolio NEWTOWN SQUARE, PA 54,55354.6k $1.3m $1.3m 0.07% New
36 LEO BROKERAGE, LLC 0.17% of their portfolio HURST, TX 48,33048.3k $1.1m $1.1m 0.17% First filing
37 Apeiron RIA LLC 0.38% of their portfolio Dallas, TX 48,19248.2k $1.1m $1.1m 0.38% Added +20.1k +20,130
38 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 47,25847.3k $1.1m $1.1m 0.01% Reduced -749 -749
39 Mission Creek Capital Partners, Inc. 0.37% of their portfolio SAN FRANCISCO, CA 46,52646.5k $1.1m $1.1m 0.37% Added +134 +134
40 New York Life Investment Management LLC 0.01% of their portfolio New York, NY 43,98144.0k $1.0m $1.0m 0.01% Reduced -1.7k -1,747
41 MYECFO, LLC 0.73% of their portfolio La Jolla, CA 42,05542.1k $971.9k $971.9k 0.73% Added +4.6k +4,565
42 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 39,70639.7k $917.6k $917.6k 0.01% Reduced -12.8k -12,774
43 Legacy Wealth Asset Management, LLC 0.33% of their portfolio WOODBURY, MN 39,20439.2k $906.0k $906.0k 0.33% Reduced -159 -159
44 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 33,93333.9k $784.2k $784.2k 0.01% Added +2.7k +2,745
45 LAFFER TENGLER INVESTMENTS, INC. 0.21% of their portfolio Scottsdale, AZ 33,64933.6k $777.6k $777.6k 0.21% Reduced -1.8k -1,770
46 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 32,20032.2k $744.1k $744.1k 0.01% Reduced -2.1k -2,100
47 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 31,33731.3k $724.2k $724.2k 0.00% New
48 SYNOVUS FINANCIAL CORP 0.01% of their portfolio Columbus, GA 31,32131.3k $723.8k $723.8k 0.01% Reduced -1.4k -1,373
49 Sowell Financial Services LLC 0.06% of their portfolio NORTH LITTLE ROCK, AR 31,20031.2k $721.0k $721.0k 0.06% New
50 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 31,12631.1k $719.3k $719.3k 0.00% Added +5.6k +5,603
51 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 28,34928.3k $655.1k $655.1k 0.00% Unchanged
52 Cyndeo Wealth Partners, LLC 0.07% of their portfolio ST. PETERSBURG, FL 26,20226.2k $605.5k $605.5k 0.07% Added +5.1k +5,149
53 HARBOUR INVESTMENT MANAGEMENT LLC 0.33% of their portfolio EDMONDS, WA 26,00026.0k $600.9k $600.9k 0.33% Reduced -1.0k -1,000
54 IFG Advisory, LLC 0.05% of their portfolio ATLANTA, GA 25,16025.2k $581.5k $581.5k 0.05% Unchanged
55 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 24,50724.5k $566.4k $566.4k 0.00% Added +1.2k +1,227
56 Retirement Group, LLC 0.26% of their portfolio SAN DIEGO, CA 24,49724.5k $566.0k $566.0k 0.26% Unchanged
57 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 24,45824.5k $565.2k $565.2k 0.01% New
58 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 24,45824.5k $565.2k $565.2k 0.01% Added +170 +170
59 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 23,42123.4k $541.3k $541.3k 0.01% Unchanged
60 Acorn Wealth Advisors, LLC 0.39% of their portfolio Grand Blanc, MI 22,68222.7k $524.2k $524.2k 0.39% Added +3.0k +2,972
61 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 22,60022.6k $522.3k $522.3k 0.00% New
62 Summit Trail Advisors, LLC 0.02% of their portfolio NEW YORK, NY 22,18322.2k $512.6k $512.6k 0.02% Unchanged
63 Bristlecone Advisors, LLC 0.05% of their portfolio BELLEVUE, WA 19,86919.9k $459.2k $459.2k 0.05% Unchanged
64 Lumature Wealth Partners, LLC 0.24% of their portfolio ALPHARETTA, GA 18,85818.9k $435.8k $435.8k 0.24% Added +1.9k +1,928
65 BUCKINGHAM STRATEGIC WEALTH, LLC 0.01% of their portfolio CLAYTON, MO 18,50018.5k $425.1k $425.1k 0.01% Unchanged
66 AlphaStar Capital Management, LLC 0.03% of their portfolio CORNELIUS, NC 15,77415.8k $364.5k $364.5k 0.03% Reduced -15.2k -15,226
67 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 15,44615.4k $357.0k $357.0k 0.01% Reduced -7.1k -7,070
68 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 15,37515.4k $355.3k $355.3k 0.00% New
69 Freedom Investment Management, Inc. 0.04% of their portfolio SOUTH WINDSOR, CT 14,94014.9k $345.3k $345.3k 0.04% Reduced -1.7k -1,674
70 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 14,66314.7k $338.9k $338.9k 0.01% Added +175 +175
71 Jacobsen Capital Management 0.18% of their portfolio SALT LAKE CITY, UT 14,24414.2k $329.2k $329.2k 0.18% Unchanged
72 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 14,20714.2k $328.3k $328.3k 0.03% Added +270 +270
73 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 14,19514.2k $325.0k $325.0k 0.01% New
74 Mariner, LLC 0.00% of their portfolio Overland Park, KS 14,00614.0k $324.0k $324.0k 0.00% Reduced -681 -681
75 Security National Bank 0.08% of their portfolio OMAHA, NE 13,50013.5k $312.0k $312.0k 0.08% Unchanged
76 Cetera Advisors LLC 0.01% of their portfolio DENVER, CO 13,24013.2k $306.0k $306.0k 0.01% Added +1.5k +1,522
77 Texas Yale Capital Corp. 0.02% of their portfolio ST. PETERSBURG, FL 13,04513.0k $301.5k $301.5k 0.02% Unchanged
78 EQUITABLE TRUST CO 0.02% of their portfolio NASHVILLE, TN 12,65212.7k $292.4k $292.4k 0.02% Reduced -2.2k -2,158
79 TBH Global Asset Management, LLC 0.06% of their portfolio Brentwood, TN 11,45511.5k $264.7k $264.7k 0.06% Unchanged
80 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 11,28811.3k $260.9k $260.9k 0.00% New
81 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,20611.2k $259.0k $259.0k 0.00% Reduced -533 -533
82 VICUS CAPITAL 0.03% of their portfolio STATE COLLEGE, PA 11,02011.0k $254.7k $254.7k 0.03% Added +799 +799
83 SMART Wealth LLC 0.22% of their portfolio Omaha, NE 10,83310.8k $250.4k $250.4k 0.22% Reduced -1.2k -1,207
84 TWO SIGMA SECURITIES, LLC 0.02% of their portfolio NEW YORK, NY 10,71610.7k $247.6k $247.6k 0.02% New
85 Fortis Group Advisors, LLC 0.07% of their portfolio WESTWOOD, NJ 10,23310.2k $245.8k $245.8k 0.07% First filing
86 Private Portfolio Partners LLC 0.06% of their portfolio PARAMUS, NJ 9,96010.0k $230.2k $230.2k 0.06% Added +249 +249
87 BDO Wealth Advisors, LLC 0.03% of their portfolio JACKSONVILLE, FL 9,8709.9k $228.1k $228.1k 0.03% Unchanged
88 BSW Wealth Partners 0.05% of their portfolio BOULDER, CO 9,8049.8k $226.6k $226.6k 0.05% Unchanged
89 Clearstead Advisors, LLC 0.02% of their portfolio CLEVELAND, OH 9,4489.4k $218.3k $218.3k 0.02% Unchanged
90 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 9,4459.4k $218.0k $218.0k 0.00% New
91 Transform Wealth, LLC 0.02% of their portfolio GREENWOOD VILLAGE, CO 9,3229.3k $215.4k $215.4k 0.02% New
92 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.04% of their portfolio BLUE BELL, PA 5,1805.2k $119.7k $119.7k 0.04% Unchanged
93 AlphaMark Advisors, LLC 0.05% of their portfolio FT. WRIGHT, KY 4,8804.9k $113.0k $113.0k 0.05% Reduced -1.2k -1,170
94 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.01% of their portfolio BIRMINGHAM, AL 4,7094.7k $108.8k $108.8k 0.01% Added +1.0k +1,043
95 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 4,3794.4k $101.2k $101.2k 0.00% Reduced -10.6k -10,646
96 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 4,0004.0k $92.4k $92.4k 0.00% Unchanged
97 WR Wealth Planners, LLC 0.04% of their portfolio COLUMBIA, MO 4,0004.0k $92.4k $92.4k 0.04% New
98 WHITTIER TRUST CO OF NEVADA INC 0.00% of their portfolio RENO, NV 3,5503.5k $82.0k $82.0k 0.00% Unchanged
99 Belpointe Asset Management LLC 0.00% of their portfolio RENO, NV 3,0083.0k $69.5k $69.5k 0.00% Reduced -8.2k -8,217
100 ADIRONDACK RETIREMENT SPECIALISTS, INC. 0.05% of their portfolio QUEENSBURY, NY 2,4592.5k $59.0k $59.0k 0.05% Unchanged