Vault-13

GLOBAL X FDS SIL

GLOBAL X SILVER · ETP · CUSIP 37954Y848

184 institutional holders +9 vs Q4 2024
8,122,4448.1m shares reported held*
$320.3mreported value*
38 new 69 added 37 reduced 28 sold out net sold ≈ $23.1m (-584.4k 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 ≈ $39.44. Options: 10 managers hold calls ($53.4m notional), 7 hold puts ($33.1m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 130Q4 22: 145Q1 23: 138Q2 23: 140Q3 23: 139Q4 23: 152Q1 24: 145Q2 24: 166Q3 24: 153Q4 24: 175Q1 25: 184184Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022130
Q4 2022145
Q1 2023138
Q2 2023140
Q3 2023139
Q4 2023152
Q1 2024145
Q2 2024166
Q3 2024153
Q4 2024175
Q1 2025184

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 61 bought or addedQ2 23: 54 cut or sold outQ3 23: 60 bought or addedQ3 23: 55 cut or sold outQ3 23Q4 23: 66 bought or addedQ4 23: 61 cut or sold outQ1 24: 59 bought or addedQ1 24: 68 cut or sold outQ1 24Q2 24: 80 bought or addedQ2 24: 50 cut or sold outQ3 24: 60 bought or addedQ3 24: 74 cut or sold outQ3 24Q4 24: 91 bought or addedQ4 24: 47 cut or sold outQ1 25: 107 bought or addedQ1 25: 65 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20236154
Q3 20236055
Q4 20236661
Q1 20245968
Q2 20248050
Q3 20246074
Q4 20249147
Q1 202510765

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ2 24 calls: $37.7mQ2 24 puts: $15.2mQ2 24P/C 0.40Q3 24 calls: $45.0mQ3 24 puts: $67.4mQ3 24P/C 1.50Q4 24 calls: $32.9mQ4 24 puts: $25.3mQ4 24P/C 0.77Q1 25 calls: $53.4mQ1 25 puts: $33.1mQ1 25P/C 0.62
Numbers
QuarterCallsPutsP/C
Q2 2024$37.7m$15.2m0.40
Q3 2024$45.0m$67.4m1.50
Q4 2024$32.9m$25.3m0.77
Q1 2025$53.4m$33.1m0.62

Biggest buyers

MEITAV INVESTMENT HOUSE LTD Added +230,000+230.0k
ROYAL BANK OF CANADA Added +180,917+180.9k
LPL Financial LLC Added +164,158+164.2k
CITIGROUP INC Added +154,899+154.9k
Quadrature Capital Ltd Added +136,663+136.7k
Capitolis Liquid Global Markets LLC New +94,000+94.0k
GROUP ONE TRADING LLC Added +76,637+76.6k
WELLINGTON MANAGEMENT GROUP LLP New +64,657+64.7k
GOLDMAN SACHS GROUP INC Added +62,815+62.8k
SIMPLEX TRADING, LLC Added +56,464+56.5k

Biggest sellers

MORGAN STANLEY Reduced -993,307-993.3k
JANE STREET GROUP, LLC Sold out -558,303-558.3k
TWO SIGMA INVESTMENTS, LP Reduced -152,700-152.7k
LMR Partners LLP Reduced -113,551-113.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -99,754-99.8k
SG Americas Securities, LLC Sold out -79,610-79.6k
MILLENNIUM MANAGEMENT LLC Reduced -71,210-71.2k
MARSHALL WACE, LLP Sold out -58,946-58.9k
CITADEL ADVISORS LLC Reduced -57,971-58.0k
Clark Capital Management Group, Inc. Reduced -39,514-39.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $29.9m758.0k shares
UBS Group AG Reduced $13.6m345.4k shares
GOLDMAN SACHS GROUP INC Unchanged $3.9m100.0k shares
WOLVERINE TRADING, LLC Added $2.3m58.3k shares
CITADEL ADVISORS LLC Reduced $1.8m44.9k shares
Belvedere Trading LLC Added $591.8k15.0k shares
Caption Management, LLC Unchanged $572.0k14.5k shares
JANE STREET GROUP, LLC New $291.9k7.4k shares
Cubist Systematic Strategies, LLC Reduced $284.0k7.2k shares
Walleye Trading LLC Reduced $110.5k2.8k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $9.3m235.0k shares
UBS Group AG Added $9.1m230.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.5m189.9k shares
JANE STREET GROUP, LLC Added $4.5m114.2k shares
CITIGROUP INC New $2.1m52.5k shares
WOLVERINE TRADING, LLC Added $521.3k13.2k shares
Belvedere Trading LLC Unchanged $197.2k5.0k 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.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,007,1491.0m $39.7m $39.7m 0.00% Reduced -993.3k -993,307
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 745,936745.9k $29.4m $29.4m 0.01% Added +164.2k +164,158
3 MEITAV INVESTMENT HOUSE LTD 0.47% of their portfolio BENE-BERAQ, L3 650,000650.0k $25.6m $25.6m 0.47% Added +230.0k +230,000
4 UBS Group AG 0.00% of their portfolio ZURICH, V8 503,500503.5k $19.9m $19.9m 0.00% Added +25.0k +25,010
5 PCG Wealth Advisors, LLC 5.71% of their portfolio OVERLAND PARK, KS 414,719414.7k $16.4m $16.4m 5.71% Added +18.8k +18,833
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 309,720309.7k $12.2m $12.2m 0.00% Reduced -5.6k -5,578
7 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 223,253223.3k $8.8m $8.8m 0.01% Reduced -58.0k -57,971
8 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 210,084210.1k $8.3m $8.3m 0.00% Added +180.9k +180,917
9 Quadrature Capital Ltd 0.17% of their portfolio LONDON, X0 199,834199.8k $7.9m $7.9m 0.17% Added +136.7k +136,663
10 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 189,447189.4k $7.5m $7.5m 0.01% Added +21.5k +21,522
11 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 156,314156.3k $6.2m $6.2m 0.00% Added +154.9k +154,899
12 Clark Capital Management Group, Inc. 0.04% of their portfolio PHILADELPHIA, PA 136,156136.2k $5.4m $5.4m 0.04% Reduced -39.5k -39,514
13 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 127,173127.2k $5.0m $5.0m 0.00% Added +47.9k +47,904
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 124,517124.5k $4.9m $4.9m 0.00% Added +1.9k +1,893
15 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 122,695122.7k $4.8m $4.8m 0.01% Added +291 +291
16 GROUP ONE TRADING LLC 0.19% of their portfolio CHICAGO, IL 116,474116.5k $4.6m $4.6m 0.19% Added +76.6k +76,637
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 112,850112.8k $4.5m $4.5m 0.00% Added +62.8k +62,815
18 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 96,85996.9k $3.8m $3.8m 0.01% Reduced -99.8k -99,754
19 Capitolis Liquid Global Markets LLC 0.03% of their portfolio NEW YORK, NY 94,00094.0k $3.7m $3.7m 0.03% New
20 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 81,18581.2k $3.2m $3.2m 0.02% Added +30.0k +29,964
21 Summit Financial, LLC 0.09% of their portfolio PARSIPPANY, NJ 81,09181.1k $3.2m $3.2m 0.09% Added +234 +234
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 78,29378.3k $3.1m $3.1m 0.00% Reduced -23.1k -23,112
23 SPROTT INC. 0.18% of their portfolio TORONTO, A6 77,55177.6k $3.1m $3.1m 0.18% Added +34.2k +34,170
24 Banco BTG Pactual S.A. 0.76% of their portfolio RIO DE JANEIRO, D5 77,28077.3k $3.0m $3.0m 0.76% Added +20.0k +20,000
25 Ballew Advisors, Inc 2.05% of their portfolio Jackson, MS 75,90575.9k $3.1m $3.1m 2.05% Reduced -30.9k -30,867
26 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 75,84975.8k $3.0m $3.0m 0.00% Added +31.4k +31,359
27 SIMPLEX TRADING, LLC 0.10% of their portfolio CHICAGO, IL 74,28274.3k $2.9m $2.9m 0.10% Added +56.5k +56,464
28 Federation des caisses Desjardins du Quebec 0.01% of their portfolio LEVIS, A8 74,20874.2k $2.9m $2.9m 0.01% Added +10.4k +10,425
29 ONE PLUS ONE WEALTH MANAGEMENT, LLC 1.48% of their portfolio JUPITER, FL 68,80668.8k $2.7m $2.7m 1.48% Added +26.1k +26,062
30 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 67,35467.4k $2.7m $2.7m 0.00% Reduced -19.7k -19,705
31 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 64,65764.7k $2.6m $2.6m 0.00% New
32 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 54,90854.9k $2.2m $2.2m 0.00% New
33 Capula Management Ltd 0.02% of their portfolio Grand Cayman, E9 54,49054.5k $2.1m $2.1m 0.02% Added +30.6k +30,550
34 Financial Sense Advisors, Inc. 0.60% of their portfolio SAN DIEGO, CA 53,08053.1k $2.1m $2.1m 0.60% New
35 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 52,06952.1k $2.1m $2.1m 0.00% Reduced -10.6k -10,638
36 WYNNEFIELD CAPITAL INC 1.25% of their portfolio NEW YORK, NY 50,00050.0k $2.0m $2.0m 1.25% Unchanged
37 QUATTRO FINANCIAL ADVISORS LLC 0.67% of their portfolio The Woodlands, TX 49,19549.2k $1.9m $1.9m 0.67% Added +7.4k +7,375
38 Geneos Wealth Management Inc. 0.03% of their portfolio ENGLEWOOD, CO 47,77547.8k $1.9m $1.9m 0.03% Added +22.2k +22,200
39 ELEVATION POINT WEALTH PARTNERS, LLC 0.16% of their portfolio DENVER, CO 47,63247.6k $1.9m $1.9m 0.16% New
40 Pekin Hardy Strauss, Inc. 0.21% of their portfolio CHICAGO, IL 43,99944.0k $1.7m $1.7m 0.21% Added +500 +500
41 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 42,10042.1k $1.7m $1.7m 0.01% Reduced -1.4k -1,400
42 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 41,19441.2k $1.6m $1.6m 0.00% Added +8.4k +8,420
43 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 38,94038.9k $1.5m $1.5m 0.02% Reduced -475 -475
44 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 36,85436.9k $1.5m $1.5m 0.00% Added +475 +475
45 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 36,19936.2k $1.4m $1.4m 0.01% Reduced -5.9k -5,922
46 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 36,19836.2k $1.4m $1.4m 0.00% Added +3.2k +3,235
47 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 33,61033.6k $1.3m $1.3m 0.00% Added +3.5k +3,500
48 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 32,30032.3k $1.3m $1.3m 0.00% Reduced -152.7k -152,700
49 LMR Partners LLP 0.02% of their portfolio LONDON, X0 28,60028.6k $1.1m $1.1m 0.02% Reduced -113.6k -113,551
50 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 28,21628.2k $1.1m $1.1m 0.00% Reduced -2.3k -2,296
51 Ion Asset Management Ltd. 0.08% of their portfolio Herzliya, L3 26,70026.7k $1.1m $1.1m 0.08% Unchanged
52 IHT Wealth Management, LLC 0.03% of their portfolio Chicago, IL 24,72824.7k $975.5k $975.5k 0.03% Reduced -2.3k -2,255
53 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 24,69824.7k $974.3k $974.3k 0.00% Added +3.0k +2,970
54 EVOKE WEALTH, LLC 0.03% of their portfolio Los Angeles, CA 24,46224.5k $965.0k $965.0k 0.03% Added +10.8k +10,781
55 New Harbor Financial Group, LLC 0.25% of their portfolio WORCESTER, MA 24,21124.2k $955.1k $955.1k 0.25% Added +3.9k +3,918
56 JUNCTURE WEALTH STRATEGIES, LLC 0.37% of their portfolio SCOTTSDALE, AZ 24,01324.0k $947.3k $947.3k 0.37% Added +13.4k +13,361
57 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 22,87422.9k $902.4k $902.4k 0.00% First filing
58 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 21,03321.0k $829.7k $829.7k 0.00% Added +5.8k +5,754
59 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 20,04020.0k $790.6k $790.6k 0.00% New
60 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 19,63119.6k $774.4k $774.4k 0.00% Added +206 +206
61 SPC Financial, Inc. 0.07% of their portfolio ROCKVILLE, MD 19,26819.3k $760.1k $760.1k 0.07% Reduced -138 -138
62 Main Street Financial Solutions, LLC 0.06% of their portfolio NEWTOWN, PA 18,80018.8k $741.7k $741.7k 0.06% Reduced -4.3k -4,350
63 HOLLENCREST CAPITAL MANAGEMENT 0.03% of their portfolio NEWPORT BEACH, CA 18,59118.6k $733.4k $733.4k 0.03% Unchanged
64 Sender Co & Partners, Inc. 0.51% of their portfolio NEW YORK, NY 17,37717.4k $685.5k $685.5k 0.51% New
65 HARBOR INVESTMENT ADVISORY, LLC 0.07% of their portfolio LUTHERVILLE, MD 17,08317.1k $673.9k $673.9k 0.07% Unchanged
66 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 16,87716.9k $665.8k $665.8k 0.01% Reduced -344 -344
67 Beverly Hills Private Wealth, LLC 0.13% of their portfolio BEVERLY HILLS, CA 16,78816.8k $662.3k $662.3k 0.13% Added +7.3k +7,288
68 LEVEL FOUR ADVISORY SERVICES, LLC 0.03% of their portfolio DALLAS, TX 16,59016.6k $654.5k $654.5k 0.03% Reduced -120 -120
69 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 16,38516.4k $646.0k $646.0k 0.00% New
70 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 15,82515.8k $624.3k $624.3k 0.00% Unchanged
71 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 14,78114.8k $583.1k $583.1k 0.00% Added +8.1k +8,082
72 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 14,27314.3k $563.1k $563.1k 0.00% Reduced -1.4k -1,423
73 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 13,69013.7k $540.1k $540.1k 0.01% New
74 WOLVERINE TRADING, LLC 0.02% of their portfolio CHICAGO, IL 13,47913.5k $532.3k $532.3k 0.02% New
75 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 13,45013.4k $530.6k $530.6k 0.02% Added +1.2k +1,216
76 Mariner, LLC 0.00% of their portfolio Overland Park, KS 12,99613.0k $512.7k $512.7k 0.00% Reduced -54 -54
77 BAROMETER CAPITAL MANAGEMENT INC. 0.19% of their portfolio TORONTO, A6 12,60012.6k $497.1k $497.1k 0.19% New
78 Columbus Macro, LLC 0.06% of their portfolio NEW CASTLE, PA 12,38112.4k $488.4k $488.4k 0.06% Added +2.2k +2,184
79 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 12,30012.3k $485.7k $485.7k 0.00% Reduced -1.2k -1,200
80 Trek Financial, LLC 0.03% of their portfolio Scottsdale, AZ 12,17412.2k $480.3k $480.3k 0.03% New
81 PFG Investments, LLC 0.03% of their portfolio WOODBURY, NY 11,37911.4k $448.9k $448.9k 0.03% Added +3.1k +3,149
82 Pettinga Financial Advisors LLC 0.10% of their portfolio EVANSVILLE, IN 11,11211.1k $438.4k $438.4k 0.10% Reduced -3.9k -3,908
83 Diametric Capital, LP 0.51% of their portfolio BOSTON, MA 10,95811.0k $432.3k $432.3k 0.51% Added +3.3k +3,338
84 Fiduciary Trust Co 0.01% of their portfolio Boston, MA 10,36010.4k $408.7k $408.7k 0.01% Unchanged
85 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 10,29010.3k $406.0k $406.0k 0.00% Reduced -2.1k -2,130
86 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 9,9389.9k $392.0k $392.0k 0.01% New
87 Portfolio Strategies, Inc. 0.06% of their portfolio MONTVALE, NJ 9,8379.8k $388.1k $388.1k 0.06% Added +3.1k +3,076
88 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 9,3629.4k $297.4k $297.4k 0.01% Unchanged
89 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 9,0229.0k $355.9k $355.9k 0.00% Reduced -71.2k -71,210
90 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 8,7378.7k $344.7k $344.7k 0.01% Added +682 +682
91 Physician Wealth Advisors, Inc. 0.06% of their portfolio MIDVALE, UT 8,7008.7k $343.2k $343.2k 0.06% Unchanged
92 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 8,5588.6k $337.6k $337.6k 0.01% Unchanged
93 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 8,1098.1k $319.9k $319.9k 0.00% Added +256 +256
94 National Philanthropic Trust 0.01% of their portfolio Jenkintown, PA 7,8847.9k $311.0k $311.0k 0.01% Unchanged
95 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 7,3797.4k $291.1k $291.1k 0.01% Added +7.3k +7,267
96 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 7,3707.4k $290.7k $290.7k 0.00% New
97 Arete Wealth Advisors, LLC 0.02% of their portfolio CHICAGO, IL 7,3377.3k $289.0k $289.0k 0.02% New
98 Well Done, LLC 0.04% of their portfolio HOLLAND, MI 6,9797.0k $221.7k $221.7k 0.04% Unchanged
99 SIGNATUREFD, LLC 0.01% of their portfolio ATLANTA, GA 6,8366.8k $269.7k $269.7k 0.01% Added +68 +68
100 Verity Asset Management, Inc. 0.11% of their portfolio DURHAM, NC 6,7806.8k $267.5k $267.5k 0.11% Reduced -62 -62