Vault-13

ISHARES SILVER TR SLV

ISHARES · ETP · CUSIP 46428Q109 · ISIN US46428Q1094

1,566 institutional holders +39 vs Q4 2025
153,005,984153.0m shares reported held*
$10.4bnreported value*
208 new 459 added 685 reduced 167 sold out net sold ≈ $2.7bn (-39.0m 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 ($23.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $68.11. Options: 97 managers hold calls ($24.1bn notional), 82 hold puts ($21.1bn).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 671Q4 22: 738Q1 23: 740Q2 23: 758Q3 23: 742Q4 23: 773Q1 24: 789Q2 24: 872Q3 24: 917Q4 24: 937Q1 25: 1,014Q2 25: 1,081Q3 25: 1,211Q4 25: 1,527Q1 26: 1,5661,566Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q2 20251,081
Q3 20251,211
Q4 20251,527
Q1 20261,566

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 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 25Q2 25: 513 bought or addedQ2 25: 366 cut or sold outQ3 25: 647 bought or addedQ3 25: 347 cut or sold outQ3 25Q4 25: 799 bought or addedQ4 25: 466 cut or sold outQ1 26: 667 bought or addedQ1 26: 852 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024386290
Q3 2024426304
Q4 2024384343
Q1 2025490311
Q2 2025513366
Q3 2025647347
Q4 2025799466
Q1 2026667852

Calls vs puts

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

CallsPuts
$0$10bn$20bn$30bnQ2 25 calls: $9.5bnQ2 25 puts: $5.2bnQ2 25P/C 0.55Q3 25 calls: $14.2bnQ3 25 puts: $9.0bnQ3 25P/C 0.63Q4 25 calls: $21.7bnQ4 25 puts: $22.8bnQ4 25P/C 1.05Q1 26 calls: $24.1bnQ1 26 puts: $21.1bnQ1 26P/C 0.88
Numbers
QuarterCallsPutsP/C
Q2 2025$9.5bn$5.2bn0.55
Q3 2025$14.2bn$9.0bn0.63
Q4 2025$21.7bn$22.8bn1.05
Q1 2026$24.1bn$21.1bn0.88

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +5,686,038+5.7m
CITADEL ADVISORS LLC New +2,245,001+2.2m
CTC LLC Added +1,634,149+1.6m
Jump Financial, LLC New +844,097+844.1k
Qube Research & Technologies Ltd New +675,473+675.5k
HRT FINANCIAL LP New +673,913+673.9k
Verde Servicos Internacionais S.A. New +453,527+453.5k
BANK OF MONTREAL /CAN/ Added +441,406+441.4k
JPMORGAN CHASE & CO Added +376,778+376.8k
Monaco Asset Management SAM New +370,000+370.0k

Biggest sellers

JANE STREET GROUP, LLC Reduced -11,835,656-11.8m
MORGAN STANLEY Reduced -5,847,704-5.8m
SG Americas Securities, LLC Reduced -2,490,953-2.5m
BANK OF AMERICA CORP /DE/ Reduced -2,019,963-2.0m
PEAK6 LLC Reduced -1,576,944-1.6m
TEACHER RETIREMENT SYSTEM OF TEXAS Sold out -1,400,000-1.4m
WELLS FARGO & COMPANY/MN Reduced -1,369,482-1.4m
LPL Financial LLC Reduced -1,284,179-1.3m
GUGGENHEIM CAPITAL LLC Reduced -1,275,293-1.3m
MARSHALL WACE, LLP Reduced -1,273,733-1.3m

Biggest calls

JANE STREET GROUP, LLC Added $3.8bn55.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.5bn52.1m shares
CTC LLC Added $3.3bn477.1k shares
CITADEL ADVISORS LLC Added $3.2bn46.5m shares
Optiver Holding B.V. Added $2.6bn38.5m shares
SIMPLEX TRADING, LLC Added $1.4bn20.0m shares
Marathon Trading Investment Management LLC Reduced $983.7m14.4m shares
IMC-Chicago, LLC Added $800.0m11.7m shares
JPMORGAN CHASE & CO Reduced $678.5m10.7m shares
GROUP ONE TRADING LLC Added $489.0m7.2m shares

Biggest puts

CTC LLC Reduced $4.2bn611.1k shares
JANE STREET GROUP, LLC Added $3.1bn45.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.3bn33.0m shares
CITADEL ADVISORS LLC Added $2.0bn29.6m shares
Optiver Holding B.V. Added $1.9bn28.2m shares
JPMORGAN CHASE & CO Reduced $1.9bn29.6m shares
SIMPLEX TRADING, LLC Reduced $717.9m10.5m shares
Marathon Trading Investment Management LLC Reduced $686.6m10.1m shares
TORONTO DOMINION BANK Added $488.4m17.2m shares
IMC-Chicago, LLC Reduced $477.6m7.0m 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 2026

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 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 12,225,52512.2m $833.0m $833.0m 0.05% Reduced -5.8m -5,847,704
2 UBS Group AG 0.12% of their portfolio ZURICH, V8 9,670,9729.7m $659.0m $659.0m 0.12% Reduced -458.5k -458,478
3 JANE STREET GROUP, LLC 0.65% of their portfolio NEW YORK, NY 8,836,8818.8m $602.1m $602.1m 0.65% Reduced -11.8m -11,835,656
4 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 8,497,8568.5m $579.0m $579.0m 0.04% Reduced -2.0m -2,019,963
5 LPL Financial LLC 0.14% of their portfolio FORT MILL, SC 7,464,5667.5m $508.6m $508.6m 0.14% Reduced -1.3m -1,284,179
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.61% of their portfolio BALA CYNWYD, PA 6,896,4036.9m $469.9m $469.9m 0.61% Added +5.7m +5,686,038
7 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 5,181,8135.2m $353.1m $353.1m 0.07% Reduced -1.4m -1,369,482
8 CTC LLC 19.54% of their portfolio CHICAGO, IL 3,582,6173.6m $244.1m $244.1m 19.54% Added +1.6m +1,634,149
9 BANK OF MONTREAL /CAN/ 0.07% of their portfolio TORONTO, A6 2,660,3762.7m $181.3m $181.3m 0.07% Added +441.4k +441,406
10 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,527,9192.5m $172.3m $172.3m 0.03% Reduced -629.6k -629,588
11 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 2,512,8012.5m $171.2m $171.2m 0.05% Reduced -445.6k -445,624
12 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 2,451,6382.5m $167.1m $167.1m 0.02% Added +175.3k +175,288
13 CITADEL ADVISORS LLC 0.11% of their portfolio MIAMI, FL 2,245,0012.2m $153.0m $153.0m 0.11% New
14 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 2,070,7832.1m $141.2m $141.2m 0.03% Reduced -609.8k -609,762
15 BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio PARIS, I0 1,992,7342.0m $135.8m $135.8m 0.09% Reduced -930.2k -930,212
16 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 10.27% of their portfolio GRAND BLANC, MI 1,955,7922.0m $133.3m $133.3m 10.27% Added +131.3k +131,313
17 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,711,7211.7m $108.7m $108.7m 0.01% Added +376.8k +376,778
18 SG Americas Securities, LLC 0.12% of their portfolio NEW YORK, NY 1,576,7071.6m $107.4m $107.4m 0.12% Reduced -2.5m -2,490,953
19 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.68% of their portfolio Madrid, U3 1,467,5591.5m $97.5m $97.5m 0.68% Added +363.7k +363,662
20 Cetera Investment Advisers 0.09% of their portfolio SCHAUMBURG, IL 1,310,3001.3m $89.3m $89.3m 0.09% Reduced -465.1k -465,126
21 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,306,2871.3m $89.0m $89.0m 0.02% Reduced -96.5k -96,450
22 COMMONWEALTH EQUITY SERVICES, LLC 0.11% of their portfolio WALTHAM, MA 1,127,8741.1m $76.9m $76.9m 0.11% Reduced -65.6k -65,641
23 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 1,126,5781.1m $76.8m $76.8m 0.11% Reduced -331.4k -331,427
24 PEAK6 LLC 2.20% of their portfolio AUSTIN, TX 1,116,9041.1m $76.1m $76.1m 2.20% Reduced -1.6m -1,576,944
25 Rockefeller Capital Management L.P. 0.13% of their portfolio NEW YORK, NY 1,106,1301.1m $75.4m $75.4m 0.13% Added +202.6k +202,641
26 HighTower Advisors, LLC 0.08% of their portfolio CHICAGO, IL 1,083,8921.1m $73.9m $73.9m 0.08% Reduced -503.6k -503,615
27 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 1,014,7871.0m $69.1m $69.1m 0.06% Reduced -453.4k -453,360
28 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 941,870941.9k $64.2m $64.2m 0.02% Reduced -307.6k -307,601
29 Jump Financial, LLC 0.85% of their portfolio Chicago, IL 844,097844.1k $57.5m $57.5m 0.85% New
30 Cambridge Investment Research Advisors, Inc. 0.15% of their portfolio FAIRFIELD, IA 840,102840.1k $57.2m $57.2m 0.15% Added +24.5k +24,461
31 MML INVESTORS SERVICES, LLC 0.15% of their portfolio SPRINGFIELD, MA 795,313795.3k $54.2m $54.2m 0.15% Reduced -606.9k -606,891
32 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 760,144760.1k $51.8m $51.8m 0.07% Reduced -14.9k -14,865
33 TUDOR INVESTMENT CORP ET AL 0.26% of their portfolio STAMFORD, CT 702,630702.6k $47.9m $47.9m 0.26% Added +45.9k +45,942
34 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 684,954685.0k $43.5m $43.5m 0.02% Added +187.7k +187,696
35 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 675,473675.5k $46.0m $46.0m 0.07% New
36 HRT FINANCIAL LP 0.16% of their portfolio NEW YORK, NY 673,913673.9k $45.9m $45.9m 0.16% New
37 Optiver Holding B.V. 1.69% of their portfolio AMSTERDAM, P7 657,868657.9k $44.8m $44.8m 1.69% Reduced -205.2k -205,153
38 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 651,444651.4k $44.4m $44.4m 0.03% Reduced -95.0k -94,953
39 Saudi Central Bank 0.90% of their portfolio Riyadh, T0 621,400621.4k $42.3m $42.3m 0.90% Unchanged
40 Richard C. Young & CO., LTD. 3.36% of their portfolio NEWPORT, RI 594,851594.9k $40.5m $40.5m 3.36% Reduced -14.0k -14,021
41 Private Advisor Group, LLC 0.18% of their portfolio MORRISTOWN, NJ 561,202561.2k $38.2m $38.2m 0.18% Added +15.1k +15,057
42 NewEdge Advisors, LLC 0.11% of their portfolio NEW ORLEANS, LA 461,272461.3k $31.4m $31.4m 0.11% Reduced -100.7k -100,715
43 Bleakley Financial Group, LLC 0.49% of their portfolio PARSIPPANY, NJ 460,613460.6k $31.4m $31.4m 0.49% Reduced -484.2k -484,223
44 Foundations Investment Advisors, LLC 0.39% of their portfolio PHOENIX, AZ 460,320460.3k $31.4m $31.4m 0.39% Reduced -387.0k -387,049
45 Verde Servicos Internacionais S.A. 9.49% of their portfolio SAO PAULO, D5 453,527453.5k $30.9m $30.9m 9.49% New
46 NORTHEAST PLANNING ASSOCIATES, INC. / NH / 20.62% of their portfolio BEDFORD, NH 450,680450.7k $30.7m $30.7m 20.62% Reduced -4.1k -4,086
47 Greenwich Wealth Management LLC 1.23% of their portfolio GREENWICH, CT 440,963441.0k $30.0m $30.0m 1.23% Reduced -1.8k -1,790
48 Schonfeld Strategic Advisors LLC 0.23% of their portfolio NEW YORK, NY 421,327421.3k $28.7m $28.7m 0.23% Added +110.1k +110,059
49 Marex Group Ltd 0.29% of their portfolio London, X0 416,218416.2k $28.4m $28.4m 0.29% Added +352.3k +352,272
50 Walser Wealth Management Company, A Ltd Liability Co 12.47% of their portfolio TAMPA, FL 407,531407.5k $27.8m $27.8m 12.47% Reduced -158.8k -158,835
51 INSIGNEO ADVISORY SERVICES, LLC 1.96% of their portfolio MIAMI, FL 404,376404.4k $27.6m $27.6m 1.96% Added +40.8k +40,846
52 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 394,677394.7k $26.9m $26.9m 0.03% Reduced -1.3m -1,273,733
53 BLAIR WILLIAM & CO/IL 0.08% of their portfolio CHICAGO, IL 393,136393.1k $26.8m $26.8m 0.08% Reduced -8.4k -8,388
54 GREAT VALLEY ADVISOR GROUP, INC. 0.47% of their portfolio WILMINGTON, DE 379,717379.7k $25.9m $25.9m 0.47% Reduced -83.6k -83,589
55 Kestra Advisory Services, LLC 0.10% of their portfolio AUSTIN, TX 377,159377.2k $25.7m $25.7m 0.10% Reduced -80.7k -80,710
56 Wealthfront Advisers LLC 0.06% of their portfolio Palo Alto, CA 375,833375.8k $25.6m $25.6m 0.06% Added +57.1k +57,070
57 Monaco Asset Management SAM 8.01% of their portfolio Monaco, O9 370,000370.0k $25.2m $25.2m 8.01% New
58 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 361,349361.3k $24.6m $24.6m 0.01% Added +13.7k +13,741
59 New Harbor Financial Group, LLC 4.43% of their portfolio WORCESTER, MA 357,903357.9k $24.4m $24.4m 4.43% Reduced -3.3k -3,333
60 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 356,014356.0k $24.3m $24.3m 0.06% Reduced -45.0k -45,046
61 AMG National Trust Bank 0.52% of their portfolio GREENWOOD VILLAGE, CO 352,283352.3k $24.0m $24.0m 0.52% Reduced -45.3k -45,322
62 MACKENZIE FINANCIAL CORP 0.03% of their portfolio TORONTO ONTARIO, A6 352,153352.2k $24.0m $24.0m 0.03% Reduced -714.5k -714,532
63 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 351,575351.6k $24.0m $24.0m 0.04% Reduced -18.7k -18,679
64 TD Waterhouse Canada Inc. 0.07% of their portfolio TORONTO, A6 351,479351.5k $23.9m $23.9m 0.07% Added +208.0k +208,027
65 Briaud Financial Planning Inc 5.88% of their portfolio COLLEGE STATION, TX 329,248329.2k $22.4m $22.4m 5.88% Reduced -297.8k -297,847
66 Mariner, LLC 0.03% of their portfolio Overland Park, KS 324,022324.0k $22.1m $22.1m 0.03% Reduced -43.5k -43,531
67 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 318,468318.5k $21.7m $21.7m 0.03% Reduced -237.0k -236,957
68 Cadence Wealth Management LLC 8.88% of their portfolio WESTBOROUGH, MA 312,524312.5k $21.3m $21.3m 8.88% Reduced -3.6k -3,645
69 Integrated Wealth Concepts LLC 0.17% of their portfolio WALTHAM, MA 308,426308.4k $21.0m $21.0m 0.17% Added +168.4k +168,355
70 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 295,686295.7k $20.1m $20.1m 0.01% Reduced -95.9k -95,894
71 GFS Advisors, LLC 0.51% of their portfolio HOUSTON, TX 295,256295.3k $8.0m $8.0m 0.51% Added +225.1k +225,072
72 Pinnacle Financial Partners, Inc. 0.15% of their portfolio ATLANTA, GA 294,356294.4k $20.1m $20.1m 0.15% Reduced -59.8k -59,829
73 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 291,704291.7k $19.9m $19.9m 0.01% Reduced -618.6k -618,551
74 INDEPENDENT FINANCIAL GROUP, LLC 0.43% of their portfolio SAN DIEGO, CA 283,261283.3k $19.3m $19.3m 0.43% Reduced -120.2k -120,231
75 RIA Advisory Group LLC 4.63% of their portfolio Des Moines, IA 277,767277.8k $18.9m $18.9m 4.63% Reduced -229.6k -229,622
76 TSP Capital Management Group, LLC 4.40% of their portfolio Summit, NJ 264,925264.9k $18.1m $18.1m 4.40% Reduced -140.3k -140,350
77 Equitable Holdings, Inc. 0.11% of their portfolio NEW YORK, NY 258,340258.3k $16.7m $16.7m 0.11% Reduced -7.0k -6,954
78 DEBUSSY CAPITAL MANAGEMENT LP 2.41% of their portfolio CHICAGO, IL 255,271255.3k $17.4m $17.4m 2.41% Reduced -30.5k -30,452
79 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 252,104252.1k $17.2m $17.2m 0.01% Added +11.1k +11,145
80 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 247,943247.9k $16.9m $16.9m 0.02% Reduced -53.0k -53,017
81 OPPENHEIMER & CO INC 0.20% of their portfolio NEW YORK, NY 246,693246.7k $16.8m $16.8m 0.20% Added +21.4k +21,427
82 Belvedere Trading LLC 2.19% of their portfolio CHICAGO, IL 241,388241.4k $16.4m $16.4m 2.19% Added +52.6k +52,618
83 BW Gestao de Investimentos Ltda. 0.73% of their portfolio SAO PAULO, D5 240,475240.5k $16.4m $16.4m 0.73% New
84 Steward Partners Investment Advisory, LLC 0.08% of their portfolio STAMFORD, CT 238,597238.6k $16.3m $16.3m 0.08% Reduced -45.5k -45,547
85 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio CAUSEWAY BAY, K3 234,145234.1k $16.0m $16.0m 0.02% Added +61.0k +61,004
86 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 230,600230.6k $15.7m $15.7m 0.02% Reduced -513.5k -513,524
87 GLOBALT Investments LLC / GA 0.56% of their portfolio Atlanta, GA 230,378230.4k $15.7m $15.7m 0.56% Reduced -657.4k -657,393
88 Caliber Wealth Management, LLC / KS 1.69% of their portfolio Overland Park, KS 226,212226.2k $15.4m $15.4m 1.69% Reduced -99.5k -99,505
89 Beacon Pointe Advisors, LLC 0.08% of their portfolio NEWPORT BEACH, CA 219,450219.4k $15.0m $15.0m 0.08% Added +23.1k +23,148
90 FIFTH THIRD BANCORP 0.03% of their portfolio CINCINNATI, OH 216,059216.1k $14.7m $14.7m 0.03% Added +120.9k +120,920
91 Ariadne Wealth Management, LP 6.60% of their portfolio SANTA BARBARA, CA 215,850215.8k $14.7m $14.7m 6.60% Unchanged
92 Forest Hill Capital, LLC 9.49% of their portfolio LITTLE ROCK, AR 212,000212.0k $14.4m $14.4m 9.49% Reduced -100.0k -100,000
93 Advisory Services Network, LLC 0.19% of their portfolio ATLANTA, GA 208,405208.4k $14.2m $14.2m 0.19% Added +64.1k +64,070
94 Meridian Wealth Management, LLC 0.50% of their portfolio LEXINGTON, KY 205,248205.2k $14.0m $14.0m 0.50% Added +23.7k +23,690
95 EVOKE WEALTH, LLC 0.25% of their portfolio Los Angeles, CA 200,806200.8k $13.7m $13.7m 0.25% Reduced -9.8k -9,801
96 AUGUSTINE ASSET MANAGEMENT INC 3.08% of their portfolio JACKSONVILLE, FL 200,771200.8k $13.7m $13.7m 3.08% Reduced -426 -426
97 Gemsstock Ltd. 1.44% of their portfolio London, X0 200,000200.0k $13.6m $13.6m 1.44% New
98 RED CEDAR INVESTMENT MANAGEMENT, LLC 1.40% of their portfolio GRAND RAPIDS, MI 197,577197.6k $13.5m $13.5m 1.40% Reduced -158.1k -158,146
99 Harvest Investment Services, LLC 2.45% of their portfolio Oakbrook Terrace, IL 196,899196.9k $13.4m $13.4m 2.45% Added +12.5k +12,474
100 Brookstone Capital Management 0.15% of their portfolio WHEATON, IL 192,831192.8k $13.1m $13.1m 0.15% Reduced -77.6k -77,565