Vault-13

ISHARES SILVER TR SLV

ISHARES · ETP · CUSIP 46428Q109 · ISIN US46428Q1094

1,014 institutional holders +77 vs Q4 2024
168,164,402168.2m shares reported held*
$5.2bnreported value*
151 new 339 added 240 reduced 71 sold out net sold ≈ $3.9m (-308.1k 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 ($2.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.98. Options: 77 managers hold calls ($8.1bn notional), 46 hold puts ($5.2bn).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 671Q4 22: 738Q1 23: 740Q2 23: 758Q3 23: 742Q4 23: 773Q1 24: 789Q2 24: 872Q3 24: 917Q4 24: 937Q1 25: 1,0141,014Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022671
Q4 2022738
Q1 2023740
Q2 2023758
Q3 2023742
Q4 2023773
Q1 2024789
Q2 2024872
Q3 2024917
Q4 2024937
Q1 20251,014

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 23: 308 bought or addedQ2 23: 259 cut or sold outQ3 23: 230 bought or addedQ3 23: 339 cut or sold outQ3 23Q4 23: 227 bought or addedQ4 23: 345 cut or sold outQ1 24: 265 bought or addedQ1 24: 353 cut or sold outQ1 24Q2 24: 386 bought or addedQ2 24: 290 cut or sold outQ3 24: 426 bought or addedQ3 24: 304 cut or sold outQ3 24Q4 24: 384 bought or addedQ4 24: 343 cut or sold outQ1 25: 490 bought or addedQ1 25: 311 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023308259
Q3 2023230339
Q4 2023227345
Q1 2024265353
Q2 2024386290
Q3 2024426304
Q4 2024384343
Q1 2025490311

Calls vs puts

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

CallsPuts
$0$2.5bn$5bn$7.5bn$10bnQ2 24 calls: $5.6bnQ2 24 puts: $3.6bnQ2 24P/C 0.64Q3 24 calls: $6.9bnQ3 24 puts: $3.6bnQ3 24P/C 0.53Q4 24 calls: $6.3bnQ4 24 puts: $3.5bnQ4 24P/C 0.55Q1 25 calls: $8.1bnQ1 25 puts: $5.2bnQ1 25P/C 0.64
Numbers
QuarterCallsPutsP/C
Q2 2024$5.6bn$3.6bn0.64
Q3 2024$6.9bn$3.6bn0.53
Q4 2024$6.3bn$3.5bn0.55
Q1 2025$8.1bn$5.2bn0.64

Biggest buyers

JANE STREET GROUP, LLC Added +4,100,586+4.1m
IMC-Chicago, LLC New +2,221,419+2.2m
AMERIPRISE FINANCIAL INC Added +1,460,084+1.5m
UBS Group AG Added +1,342,502+1.3m
SG Americas Securities, LLC Added +1,115,916+1.1m
MEITAV INVESTMENT HOUSE LTD Added +1,100,000+1.1m
LPL Financial LLC Added +962,653+962.7k
Quadrature Capital Ltd New +902,077+902.1k
Carrhae Capital LLP New +576,960+577.0k
TUDOR INVESTMENT CORP ET AL New +534,846+534.8k

Biggest sellers

CTC LLC Sold out -5,330,451-5.3m
TORONTO DOMINION BANK Reduced -4,261,932-4.3m
MORGAN STANLEY Reduced -4,027,762-4.0m
MILLENNIUM MANAGEMENT LLC Reduced -3,128,776-3.1m
NATIONAL BANK OF CANADA /FI/ Reduced -1,761,581-1.8m
MACKENZIE FINANCIAL CORP Reduced -1,570,940-1.6m
BANK OF NOVA SCOTIA Reduced -987,688-987.7k
Twin Tree Management, LP Sold out -589,602-589.6k
CIBC WORLD MARKETS CORP Sold out -490,100-490.1k
Verition Fund Management LLC Reduced -452,733-452.7k

Biggest calls

JANE STREET GROUP, LLC Added $1.6bn52.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $829.5m26.8m shares
CTC LLC Added $797.3m25.7m shares
UBS Group AG Reduced $584.9m18.9m shares
CITADEL ADVISORS LLC Reduced $492.9m15.9m shares
SIMPLEX TRADING, LLC Reduced $489.0m15.8m shares
Optiver Holding B.V. Reduced $448.4m14.5m shares
BANK OF AMERICA CORP /DE/ Added $305.7m9.9m shares
JPMORGAN CHASE & CO Added $284.4m9.2m shares
BNP PARIBAS FINANCIAL MARKETS First filing $278.6m89.9k shares

Biggest puts

JPMORGAN CHASE & CO Added $1.5bn49.0m shares
CTC LLC Added $514.2m16.6m shares
TORONTO DOMINION BANK New $502.0m17.7m shares
CITADEL ADVISORS LLC Added $471.3m15.2m shares
JANE STREET GROUP, LLC Added $418.0m13.5m shares
Twin Tree Management, LP Reduced $323.7m10.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $309.8m10.0m shares
Optiver Holding B.V. Added $236.8m7.6m shares
SIMPLEX TRADING, LLC Reduced $179.8m5.8m shares
UBS Group AG Reduced $110.8m3.6m 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 2025

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 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 1.50% of their portfolio NEW YORK, NY 26,841,45326.8m $831.8m $831.8m 1.50% Added +4.1m +4,100,586
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 15,827,77315.8m $490.5m $490.5m 0.04% Reduced -4.0m -4,027,762
3 UBS Group AG 0.08% of their portfolio ZURICH, V8 12,039,48112.0m $373.1m $373.1m 0.08% Added +1.3m +1,342,502
4 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 9,921,8859.9m $307.5m $307.5m 0.03% Added +492.1k +492,133
5 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 7,832,3707.8m $242.7m $242.7m 0.09% Added +962.7k +962,653
6 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 4,901,1584.9m $151.9m $151.9m 0.04% Added +116.7k +116,675
7 BNP PARIBAS FINANCIAL MARKETS 0.11% of their portfolio PARIS, I0 4,743,8084.7m $147.0m $147.0m 0.11% First filing
8 SG Americas Securities, LLC 0.40% of their portfolio NEW YORK, NY 3,820,3073.8m $118.4m $118.4m 0.40% Added +1.1m +1,115,916
9 MEITAV INVESTMENT HOUSE LTD 1.61% of their portfolio BENE-BERAQ, L3 2,820,0002.8m $87.3m $87.3m 1.61% Added +1.1m +1,100,000
10 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 2,607,4712.6m $80.5m $80.5m 0.02% Added +1.5m +1,460,084
11 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 2,446,9722.4m $75.8m $75.8m 0.03% Added +270.6k +270,649
12 IMC-Chicago, LLC 2.67% of their portfolio CHICAGO, IL 2,221,4192.2m $68.8m $68.8m 2.67% New
13 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 2,105,8542.1m $65.3m $65.3m 0.09% Added +166.1k +166,148
14 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,971,4272.0m $61.1m $61.1m 0.01% Added +425.6k +425,563
15 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 1,725,7811.7m $53.5m $53.5m 0.07% Added +211.4k +211,423
16 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,418,4361.4m $44.0m $44.0m 0.01% Added +371.7k +371,655
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,288,7911.3m $39.9m $39.9m 0.00% Added +398.5k +398,533
18 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 1,235,4831.2m $38.3m $38.3m 0.07% Added +207.1k +207,050
19 Ion Asset Management Ltd. 2.52% of their portfolio Herzliya, L3 1,106,6001.1m $34.3m $34.3m 2.52% Reduced -6.0k -6,000
20 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,076,5681.1m $33.4m $33.4m 0.01% Added +68.0k +68,041
21 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 1,061,9351.1m $32.9m $32.9m 0.11% Added +91.3k +91,317
22 Bleakley Financial Group, LLC 1.05% of their portfolio PARSIPPANY, NJ 1,054,2521.1m $32.7m $32.7m 1.05% Added +16.8k +16,764
23 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 1,012,5601.0m $31.4m $31.4m 0.07% Added +99.9k +99,905
24 Quadrature Capital Ltd 0.62% of their portfolio LONDON, X0 902,077902.1k $28.0m $28.0m 0.62% New
25 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 885,522885.5k $27.4m $27.4m 0.03% Added +228.8k +228,844
26 Corecam Pte. Ltd. 14.34% of their portfolio SINGAPORE, U0 843,200843.2k $26.1m $26.1m 14.34% Added +55.5k +55,500
27 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 839,842839.8k $26.0m $26.0m 0.03% Reduced -11.0k -10,981
28 MACKENZIE FINANCIAL CORP 0.03% of their portfolio TORONTO ONTARIO, A6 784,624784.6k $24.3m $24.3m 0.03% Reduced -1.6m -1,570,940
29 Money Design Co.,Ltd. 1.18% of their portfolio TOKYO, M0 764,811764.8k $23.7m $23.7m 1.18% Added +30.1k +30,078
30 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 751,040751.0k $23.3m $23.3m 0.03% Reduced -1.8m -1,761,581
31 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 740,500740.5k $22.9m $22.9m 0.04% Reduced -10.1k -10,072
32 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 731,043731.0k $22.7m $22.7m 0.06% Added +9.5k +9,505
33 Richard C. Young & CO., LTD. 2.37% of their portfolio NEWPORT, RI 712,603712.6k $22.1m $22.1m 2.37% Reduced -10.6k -10,615
34 Cadence Wealth Management LLC 16.24% of their portfolio WESTBOROUGH, MA 709,110709.1k $22.0m $22.0m 16.24% Added +86.4k +86,365
35 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 599,968600.0k $18.6m $18.6m 0.09% Added +3.9k +3,929
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 582,115582.1k $18.0m $18.0m 0.03% Reduced -265.8k -265,793
37 Marex Group Ltd 0.34% of their portfolio London, X0 577,850577.9k $17.9m $17.9m 0.34% Reduced -12.1k -12,112
38 Carrhae Capital LLP 2.08% of their portfolio London, X0 576,960577.0k $17.9m $17.9m 2.08% New
39 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.17% of their portfolio Madrid, U3 540,112540.1k $16.9m $16.9m 0.17% Added +150.0k +150,000
40 Foundations Investment Advisors, LLC 0.31% of their portfolio PHOENIX, AZ 535,674535.7k $16.6m $16.6m 0.31% Added +29.8k +29,819
41 TUDOR INVESTMENT CORP ET AL 0.15% of their portfolio STAMFORD, CT 534,846534.8k $16.6m $16.6m 0.15% New
42 RIA Advisory Group LLC 5.07% of their portfolio Des Moines, IA 503,201503.2k $15.6m $15.6m 5.07% Reduced -256.0k -256,017
43 Trek Financial, LLC 1.10% of their portfolio Scottsdale, AZ 489,699489.7k $15.2m $15.2m 1.10% Added +215.7k +215,660
44 Kaydan Wealth Management, Inc. 4.83% of their portfolio FENTON, MI 485,653485.7k $15.1m $15.1m 4.83% New
45 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 481,112481.1k $14.9m $14.9m 0.09% Added +54.9k +54,941
46 Faithward Advisors, LLC 2.59% of their portfolio LANCASTER, PA 479,337479.3k $14.9m $14.9m 2.59% Reduced -16.6k -16,565
47 TSP Capital Management Group, LLC 4.77% of their portfolio Summit, NJ 468,075468.1k $14.5m $14.5m 4.77% Reduced -4.5k -4,505
48 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 455,619455.6k $14.1m $14.1m 0.00% Reduced -304.5k -304,527
49 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 452,153452.2k $14.0m $14.0m 0.05% Added +60.7k +60,734
50 B&D White Capital Company, LLC 2.03% of their portfolio Lakeway, TX 444,706444.7k $13.8m $13.8m 2.03% Added +244.5k +244,545
51 Gimbal Financial 12.40% of their portfolio CARMEL, IN 443,682443.7k $13.7m $13.7m 12.40% New
52 AMG National Trust Bank 0.38% of their portfolio GREENWOOD VILLAGE, CO 436,981437.0k $13.5m $13.5m 0.38% Reduced -2.8k -2,798
53 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 425,695425.7k $12.2m $12.2m 0.07% Added +77.2k +77,206
54 Carrera Capital Advisors 2.92% of their portfolio TROY, MI 425,460425.5k $13.2m $13.2m 2.92% Added +3.8k +3,818
55 NORTHEAST PLANNING ASSOCIATES, INC. / NH / 10.92% of their portfolio BEDFORD, NH 424,271424.3k $13.1m $13.1m 10.92% Added +5.2k +5,221
56 Marks Wealth, LLC 4.67% of their portfolio ELLICOTT CITY, MD 410,641410.6k $12.7m $12.7m 4.67% New
57 DEBUSSY CAPITAL MANAGEMENT LP 2.02% of their portfolio CHICAGO, IL 405,462405.5k $12.6m $12.6m 2.02% Reduced -34.6k -34,589
58 INSIGNEO ADVISORY SERVICES, LLC 1.26% of their portfolio MIAMI, FL 394,540394.5k $12.2m $12.2m 1.26% Reduced -2.6k -2,620
59 Cercano Management LLC 0.35% of their portfolio BELLEVUE, WA 388,503388.5k $12.0m $12.0m 0.35% Reduced -356.8k -356,820
60 Oxbow Advisors, LLC 1.24% of their portfolio Austin, TX 378,623378.6k $11.7m $11.7m 1.24% Added +49.2k +49,194
61 Caliber Wealth Management, LLC / KS 1.60% of their portfolio Overland Park, KS 377,350377.4k $11.7m $11.7m 1.60% First filing
62 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 376,496376.5k $11.7m $11.7m 0.01% Added +19.4k +19,382
63 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 370,060370.1k $11.5m $11.5m 0.01% Added +71.6k +71,596
64 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 366,630366.6k $11.4m $11.4m 0.02% Added +30.2k +30,228
65 Quantitative Investment Management, LLC 1.00% of their portfolio CHARLOTTESVILLE, VA 350,842350.8k $10.9m $10.9m 1.00% New
66 Revere Asset Management, Inc 11.56% of their portfolio DALLAS, TX 345,883345.9k $10.7m $10.7m 11.56% New
67 Cubist Systematic Strategies, LLC 0.14% of their portfolio STAMFORD, CT 344,140344.1k $10.7m $10.7m 0.14% New
68 Atria Wealth Solutions, Inc. 0.12% of their portfolio NEW YORK, NY 311,355311.4k $9.6m $9.6m 0.12% Added +42.9k +42,858
69 Chicago Wealth Management, Inc. 5.02% of their portfolio CHICAGO, IL 309,100309.1k $9.6m $9.6m 5.02% Added +293.8k +293,816
70 Cresset Asset Management, LLC 0.05% of their portfolio Chicago, IL 306,695306.7k $9.5m $9.5m 0.05% Added +15.9k +15,883
71 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 300,814300.8k $9.3m $9.3m 0.02% Added +114.1k +114,102
72 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 299,108299.1k $9.3m $9.3m 0.01% Reduced -3.1m -3,128,776
73 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 295,357295.4k $9.2m $9.2m 0.02% Reduced -3.3k -3,311
74 MAPLELANE CAPITAL, LLC 0.84% of their portfolio New York, NY 290,000290.0k $9.0m $9.0m 0.84% Added +114.2k +114,160
75 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 286,611286.6k $8.9m $8.9m 0.00% Added +96.8k +96,823
76 Proficio Capital Partners LLC 0.57% of their portfolio NEWTON, MA 262,270262.3k $7.4m $7.4m 0.57% Added +28.9k +28,910
77 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 256,224256.2k $7.9m $7.9m 0.07% Added +13.8k +13,781
78 SPROTT INC. 0.44% of their portfolio TORONTO, A6 240,484240.5k $7.5m $7.5m 0.44% Reduced -20.1k -20,110
79 Bedell Frazier Investment Counselling, LLC 1.82% of their portfolio Walnut Creek, CA 230,369230.4k $7.1m $7.1m 1.82% Added +60.0k +59,957
80 ARS Wealth Advisors Group, LLC 0.99% of their portfolio St. Petersburg, FL 225,442225.4k $7.0m $7.0m 0.99% Reduced -2.8k -2,832
81 Ariadne Wealth Management, LP 3.36% of their portfolio SANTA BARBARA, CA 215,850215.8k $6.4m $6.4m 3.36% Added +33.5k +33,550
82 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 214,948214.9k $6.7m $6.7m 0.01% Added +39.8k +39,764
83 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 210,768210.8k $6.5m $6.5m 0.01% Added +71.4k +71,407
84 IHT Wealth Management, LLC 0.20% of their portfolio Chicago, IL 209,016209.0k $6.5m $6.5m 0.20% Added +12.0k +12,049
85 Mariner, LLC 0.01% of their portfolio Overland Park, KS 206,542206.5k $6.4m $6.4m 0.01% Added +18.6k +18,599
86 LMR Partners LLP 0.12% of their portfolio LONDON, X0 200,001200.0k $6.2m $6.2m 0.12% Added +1 +1
87 AUGUSTINE ASSET MANAGEMENT INC 1.80% of their portfolio JACKSONVILLE, FL 199,024199.0k $6.2m $6.2m 1.80% Added +3.7k +3,709
88 Arkadios Wealth Advisors 0.23% of their portfolio ATLANTA, GA 195,290195.3k $6.1m $6.1m 0.23% Added +9.7k +9,707
89 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 194,896194.9k $6.0m $6.0m 0.00% Reduced -166 -166
90 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 193,109193.1k $6.0m $6.0m 0.01% Reduced -987.7k -987,688
91 Meridian Wealth Management, LLC 0.29% of their portfolio LEXINGTON, KY 192,590192.6k $6.0m $6.0m 0.29% Added +1.3k +1,317
92 NTV Asset Management LLC 0.79% of their portfolio Charleston, WV 191,458191.5k $5.9m $5.9m 0.79% Added +8.8k +8,780
93 Yong Rong (HK) Asset Management Ltd 1.38% of their portfolio SHEUNG WAN, K3 190,200190.2k $5.9m $5.9m 1.38% New
94 OPPENHEIMER & CO INC 0.09% of their portfolio NEW YORK, NY 189,817189.8k $5.9m $5.9m 0.09% Reduced -33.2k -33,192
95 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 187,704187.7k $5.8m $5.8m 0.01% Added +72.2k +72,177
96 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.44% of their portfolio CEDAR RAPIDS, IA 184,645184.6k $5.7m $5.7m 0.44% Added +16.9k +16,852
97 SIG BROKERAGE, LP 1.67% of their portfolio BALA CYNWYD, PA 184,491184.5k $5.7m $5.7m 1.67% New
98 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 184,449184.4k $5.7m $5.7m 0.01% Added +22.0k +21,986
99 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 181,242181.2k $5.6m $5.6m 0.01% Reduced -736 -736
100 GUIDANCE CAPITAL, INC 1.60% of their portfolio LOUSVILLE, KY 180,131180.1k $5.2m $5.2m 1.60% Reduced -2.3k -2,293