Vault-13

ABRDN SILVER ETF TRUST SIVR

PHYSCL SILVR SHS · ETP · CUSIP 003264108

191 institutional holders +29 vs Q1 2024
11,537,43411.5m shares reported held*
$321.3mreported value*
37 new 53 added 40 reduced 10 sold out net bought ≈ $16.4m (+575.9k 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 ($285.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.85. Options: 6 managers hold calls ($3.9m notional), 5 hold puts ($1.3m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 130Q4 22: 148Q1 23: 151Q2 23: 157Q3 23: 158Q4 23: 158Q1 24: 162Q2 24: 191191Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022130
Q4 2022148
Q1 2023151
Q2 2023157
Q3 2023158
Q4 2023158
Q1 2024162
Q2 2024191

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 outQ2 23: 67 bought or addedQ2 23: 52 cut or sold outQ2 23Q3 23: 68 bought or addedQ3 23: 52 cut or sold outQ4 23: 49 bought or addedQ4 23: 68 cut or sold outQ4 23Q1 24: 68 bought or addedQ1 24: 61 cut or sold outQ2 24: 90 bought or addedQ2 24: 50 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20225956
Q1 20235462
Q2 20236752
Q3 20236852
Q4 20234968
Q1 20246861
Q2 20249050

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 23 calls: $4.0mQ3 23 puts: $456.7kQ3 23P/C 0.11Q4 23 calls: $4.6mQ4 23 puts: $706.3kQ4 23P/C 0.15Q1 24 calls: $7.5mQ1 24 puts: $980.3kQ1 24P/C 0.13Q2 24 calls: $3.9mQ2 24 puts: $1.3mQ2 24P/C 0.34
Numbers
QuarterCallsPutsP/C
Q3 2023$4.0m$456.7k0.11
Q4 2023$4.6m$706.3k0.15
Q1 2024$7.5m$980.3k0.13
Q2 2024$3.9m$1.3m0.34

Biggest buyers

JANE STREET GROUP, LLC Added +602,853+602.9k
JPMORGAN CHASE & CO Added +352,210+352.2k
Herr Investment Group LLC New +156,000+156.0k
BANK OF AMERICA CORP /DE/ Added +117,046+117.0k
Sowell Financial Services LLC Added +104,157+104.2k
NewEdge Advisors, LLC Added +87,184+87.2k
RENAISSANCE TECHNOLOGIES LLC Added +80,800+80.8k
Concurrent Investment Advisors, LLC New +45,940+45.9k
COMMONWEALTH EQUITY SERVICES, LLC Added +38,554+38.6k
China Universal Asset Management Co., Ltd. New +37,000+37.0k

Biggest sellers

MORGAN STANLEY Reduced -535,802-535.8k
Virtu Financial LLC Sold out -253,244-253.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -215,277-215.3k
BANK OF MONTREAL /CAN/ Sold out -174,734-174.7k
Systelligence, LLC Reduced -59,077-59.1k
BENJAMIN F. EDWARDS & COMPANY, INC. Reduced -40,881-40.9k
WELLS FARGO & COMPANY/MN Reduced -38,507-38.5k
Cambridge Investment Research Advisors, Inc. Reduced -35,440-35.4k
Raymond James Financial Services Advisors, Inc. Reduced -29,766-29.8k
STIFEL FINANCIAL CORP Reduced -25,645-25.6k

Biggest calls

JANE STREET GROUP, LLC Reduced $1.4m51.5k shares
SIMPLEX TRADING, LLC Reduced $985.0k35.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $838.0k30.1k shares
GROUP ONE TRADING LLC Reduced $342.4k12.3k shares
CITADEL ADVISORS LLC Reduced $278.4k10.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $540.1k19.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $492.8k17.7k shares
SIMPLEX TRADING, LLC Added $278.0k10.0k shares
GROUP ONE TRADING LLC Added $13.9k500 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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 Q2 2024

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 Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 1,297,1991.3m $36.1m $36.1m 0.04% Added +602.9k +602,853
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 740,702740.7k $20.6m $20.6m 0.00% Added +117.0k +117,046
3 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 730,080730.1k $20.3m $20.3m 0.03% Reduced -19.7k -19,682
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 580,542580.5k $16.2m $16.2m 0.01% Added +31.3k +31,254
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 397,870397.9k $11.1m $11.1m 0.00% Reduced -535.8k -535,802
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 387,055387.1k $10.8m $10.8m 0.00% Reduced -38.5k -38,507
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 356,176356.2k $9.9m $9.9m 0.00% Added +352.2k +352,210
8 AMG National Trust Bank 0.26% of their portfolio GREENWOOD VILLAGE, CO 339,626339.6k $9.5m $9.5m 0.26% Added +27.8k +27,790
9 Capital Management Associates, Inc 5.61% of their portfolio MINNEAPOLIS, MN 332,827332.8k $9.3m $9.3m 5.61% Added +16.3k +16,260
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 321,796321.8k $9.0m $9.0m 0.00% Added +10.1k +10,148
11 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.09% of their portfolio Madrid, U3 311,346311.3k $8.7m $8.7m 0.09% Added +16.8k +16,845
12 Systelligence, LLC 2.28% of their portfolio BLOOMINGTON, MN 307,832307.8k $8.6m $8.6m 2.28% Reduced -59.1k -59,077
13 BENJAMIN F. EDWARDS & COMPANY, INC. 0.15% of their portfolio ST. LOUIS, MO 300,337300.3k $8.4m $8.4m 0.15% Reduced -40.9k -40,881
14 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 279,943279.9k $7.8m $7.8m 0.01% Reduced -25.6k -25,645
15 World Investment Advisors 0.41% of their portfolio LINCROFT, NJ 234,928234.9k $6.5m $6.5m 0.41% Reduced -3.1k -3,141
16 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 223,123223.1k $6.2m $6.2m 0.02% Reduced -35.4k -35,440
17 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 190,195190.2k $5.3m $5.3m 0.01% Added +38.6k +38,554
18 Gradient Investments LLC 0.11% of their portfolio ARDEN HILLS, MN 178,389178.4k $5.0m $5.0m 0.11% Added +281 +281
19 Herr Investment Group LLC 1.29% of their portfolio AUSTIN, TX 156,000156.0k $4.3m $4.3m 1.29% New
20 Sowell Financial Services LLC 0.20% of their portfolio NORTH LITTLE ROCK, AR 150,583150.6k $4.2m $4.2m 0.20% Added +104.2k +104,157
21 Fielder Capital Group LLC 1.49% of their portfolio NASHVILLE, TN 139,287139.3k $3.9m $3.9m 1.49% Added +18.8k +18,849
22 Pettinga Financial Advisors LLC 0.97% of their portfolio EVANSVILLE, IN 138,470138.5k $3.9m $3.9m 0.97% Reduced -4.1k -4,100
23 180 WEALTH ADVISORS, LLC 0.67% of their portfolio FEDERAL WAY, WA 136,180136.2k $4.1m $4.1m 0.67% Added +1.8k +1,756
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 130,225130.2k $3.6m $3.6m 0.00% Added +18.0k +18,037
25 Avior Wealth Management, LLC 0.14% of their portfolio OMAHA, NE 120,295120.3k $3.3m $3.3m 0.14% Added +8.2k +8,248
26 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 118,035118.0k $3.3m $3.3m 0.01% Added +20.6k +20,650
27 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 107,080107.1k $3.0m $3.0m 0.00% Added +8.7k +8,658
28 OmniStar Financial Group, Inc. 2.65% of their portfolio Wilmington, NC 105,146105.1k $2.9m $2.9m 2.65% Reduced -15.1k -15,147
29 Silver Coast Investments LLC 1.16% of their portfolio SAN DIEGO, X1 101,879101.9k $2.8m $2.8m 1.16% Reduced -20.8k -20,754
30 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 97,66197.7k $2.7m $2.7m 0.02% Added +87.2k +87,184
31 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.04% of their portfolio ST. LOUIS, MO 96,08996.1k $2.7m $2.7m 0.04% Reduced -4.7k -4,693
32 Merit Financial Group, LLC 0.06% of their portfolio ALPHARETTA, GA 93,28193.3k $2.6m $2.6m 0.06% Reduced -282 -282
33 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 90,20090.2k $2.5m $2.5m 0.00% Added +80.8k +80,800
34 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 87,32387.3k $2.4m $2.4m 0.01% Added +24.0k +23,966
35 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 84,55884.6k $2.4m $2.4m 0.00% Added +696 +696
36 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 71,37571.4k $2.0m $2.0m 0.00% Reduced -500 -500
37 Richard C. Young & CO., LTD. 0.24% of their portfolio NEWPORT, RI 70,81670.8k $2.0m $2.0m 0.24% Added +1.0k +1,033
38 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 66,74866.7k $1.9m $1.9m 0.00% Reduced -29.8k -29,766
39 Foundations Investment Advisors, LLC 0.04% of their portfolio PHOENIX, AZ 62,72562.7k $1.7m $1.7m 0.04% Added +548 +548
40 Marble Harbor Investment Counsel, LLC 0.20% of their portfolio BOSTON, MA 61,80061.8k $1.7m $1.7m 0.20% Reduced -1.0k -1,000
41 Apeiron RIA LLC 0.52% of their portfolio Dallas, TX 60,52160.5k $1.7m $1.7m 0.52% Reduced -1.6k -1,570
42 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 58,79658.8k $1.6m $1.6m 0.00% Reduced -4.8k -4,792
43 MYECFO, LLC 0.91% of their portfolio La Jolla, CA 56,42156.4k $1.6m $1.6m 0.91% Reduced -1.8k -1,833
44 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 48,22148.2k $1.3m $1.3m 0.00% Reduced -9 -9
45 Concurrent Investment Advisors, LLC 0.04% of their portfolio Tampa, FL 45,94045.9k $1.3m $1.3m 0.04% New
46 Mission Creek Capital Partners, Inc. 0.29% of their portfolio SAN FRANCISCO, CA 41,94741.9k $1.2m $1.2m 0.29% Reduced -1.9k -1,871
47 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 41,49541.5k $1.2m $1.2m 0.00% Added +21.5k +21,467
48 SPROTT INC. 0.08% of their portfolio TORONTO, A6 40,13940.1k $1.1m $1.1m 0.08% Added +25.4k +25,376
49 China Universal Asset Management Co., Ltd. 0.15% of their portfolio SHANGHAI, F4 37,00037.0k $1.0m $1.0m 0.15% New
50 &PARTNERS 0.04% of their portfolio NASHVILLE, TN 35,59535.6k $991.0k $991.0k 0.04% Added +9.5k +9,500
51 SHEETS SMITH WEALTH MANAGEMENT 0.12% of their portfolio WINSTON-SALEM, NC 34,61634.6k $963.7k $963.7k 0.12% Added +8.9k +8,890
52 Leo Wealth, LLC 0.10% of their portfolio HURST, TX 34,41334.4k $958.2k $958.2k 0.10% Added +581 +581
53 Custom Portfolio Group LLC 0.65% of their portfolio ENGLEWOOD, CO 29,84229.8k $821.8k $821.8k 0.65% Reduced -26 -26
54 IFG Advisory, LLC 0.05% of their portfolio ATLANTA, GA 29,47029.5k $820.4k $820.4k 0.05% Added +1.9k +1,890
55 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 29,01429.0k $807.8k $807.8k 0.00% Unchanged
56 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 28,51928.5k $794.0k $794.0k 0.01% Reduced -13.8k -13,760
57 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 27,79227.8k $773.7k $773.7k 0.02% Added +18.3k +18,341
58 Legacy Wealth Asset Management, LLC 0.21% of their portfolio WOODBURY, MN 27,31627.3k $760.5k $760.5k 0.21% Reduced -235 -235
59 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 26,40426.4k $735.1k $735.1k 0.01% Added +1.1k +1,143
60 SYNOVUS FINANCIAL CORP 0.01% of their portfolio Columbus, GA 26,10726.1k $726.8k $726.8k 0.01% Added +181 +181
61 HARBOUR INVESTMENT MANAGEMENT LLC 0.33% of their portfolio EDMONDS, WA 26,00026.0k $723.8k $723.8k 0.33% Unchanged
62 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 25,25025.2k $703.0k $703.0k 0.00% Reduced -3.0k -2,950
63 Acorn Wealth Advisors, LLC 0.35% of their portfolio Grand Blanc, MI 25,16525.2k $700.6k $700.6k 0.35% Added +758 +758
64 WT Wealth Management 0.22% of their portfolio SCOTTSDALE, AZ 23,27823.3k $648.1k $648.1k 0.22% Reduced -2.0k -2,022
65 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 22,99823.0k $640.3k $640.3k 0.01% Added +2.1k +2,081
66 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 22,99823.0k $640.3k $640.3k 0.01% Added +2.1k +2,081
67 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 22,60022.6k $629.2k $629.2k 0.00% Unchanged
68 Summit Trail Advisors, LLC 0.02% of their portfolio NEW YORK, NY 22,18322.2k $617.6k $617.6k 0.02% Unchanged
69 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 21,35021.4k $594.4k $594.4k 0.02% Added +2.5k +2,482
70 Inspire Advisors, LLC 0.08% of their portfolio Meridian, ID 20,82820.8k $579.9k $579.9k 0.08% Reduced -1.8k -1,830
71 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 20,69220.7k $576.1k $576.1k 0.00% Added +1.2k +1,193
72 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 19,98220.0k $556.3k $556.3k 0.00% Added +19.6k +19,624
73 Bristlecone Advisors, LLC 0.05% of their portfolio BELLEVUE, WA 19,86919.9k $553.2k $553.2k 0.05% Unchanged
74 City Center Advisors, LLC 0.55% of their portfolio TROY, MI 19,72619.7k $469.7k $469.7k 0.55% Unchanged
75 Betterment LLC 0.00% of their portfolio NEW YORK, NY 19,52819.5k $544.0k $544.0k 0.00% Reduced -589 -589
76 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 18,50918.5k $493.1k $493.1k 0.01% Added +3.4k +3,394
77 OXFORD FINANCIAL GROUP, LTD. LLC 0.03% of their portfolio INDIANAPOLIS, IN 18,50018.5k $515.0k $515.0k 0.03% New
78 BUCKINGHAM STRATEGIC WEALTH, LLC 0.01% of their portfolio CLAYTON, MO 18,50018.5k $515.0k $515.0k 0.01% Unchanged
79 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 18,39318.4k $512.1k $512.1k 0.00% Unchanged
80 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 18,24718.2k $508.0k $508.0k 0.00% Added +459 +459
81 Columbus Macro, LLC 0.19% of their portfolio NEW CASTLE, PA 17,90017.9k $498.3k $498.3k 0.19% New
82 BOS Asset Management, LLC 0.22% of their portfolio SPRINGFIELD, IL 17,48317.5k $486.7k $486.7k 0.22% Reduced -2.5k -2,450
83 Worth Asset Management, LLC 0.29% of their portfolio DALLAS, TX 17,30117.3k $481.7k $481.7k 0.29% New
84 Clearstead Advisors, LLC 0.01% of their portfolio CLEVELAND, OH 17,28817.3k $481.3k $481.3k 0.01% Added +7.8k +7,840
85 DENVER WEALTH MANAGEMENT, INC. 0.21% of their portfolio DENVER, CO 15,06115.1k $419.3k $419.3k 0.21% Unchanged
86 Jacobsen Capital Management 0.18% of their portfolio SALT LAKE CITY, UT 14,24414.2k $396.6k $396.6k 0.18% Unchanged
87 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 13,87113.9k $386.2k $386.2k 0.01% Added +1.2k +1,177
88 Security National Bank 0.05% of their portfolio OMAHA, NE 13,50013.5k $375.8k $375.8k 0.05% Reduced -12.6k -12,641
89 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 13,46213.5k $374.8k $374.8k 0.00% New
90 VICUS CAPITAL 0.03% of their portfolio STATE COLLEGE, PA 12,62612.6k $351.5k $351.5k 0.03% Reduced -360 -360
91 CHOREO, LLC 0.01% of their portfolio ROCKFORD, IL 12,09312.1k $339.9k $339.9k 0.01% Added +1.6k +1,642
92 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 11,99912.0k $334.1k $334.1k 0.00% Added +236 +236
93 Empower Advisory Group, LLC 0.00% of their portfolio Greenwood Village, CO 11,50011.5k $320.2k $320.2k 0.00% Unchanged
94 TBH Global Asset Management, LLC 0.07% of their portfolio Brentwood, TN 11,45511.5k $318.9k $318.9k 0.07% Unchanged
95 WASHINGTON TRUST Co 0.01% of their portfolio WESTERLY, RI 11,38411.4k $316.9k $316.9k 0.01% Added +3.4k +3,434
96 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 10,66310.7k $296.9k $296.9k 0.01% Unchanged
97 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 10,38610.4k $289.0k $289.0k 0.01% Reduced -20.7k -20,697
98 Cyndeo Wealth Partners, LLC 0.02% of their portfolio ST. PETERSBURG, FL 10,27710.3k $286.1k $286.1k 0.02% Unchanged
99 BENJAMIN EDWARDS INC 0.05% of their portfolio Clayton, MO 10,25310.3k $285.0k $285.0k 0.05% Reduced -1.4k -1,390
100 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 10,04510.0k $279.7k $279.7k 0.00% Added +730 +730