Vault-13

SILVERGATE CAP CORP SICP

CL A · Common Stock · CUSIP 82837P408 · ISIN US82837P4081

223 institutional holders -45 vs Q3 2022
30,865,64130.9m shares reported held*
$537.1mreported value*
51 new 82 added 56 reduced 103 sold out net bought ≈ $57.5m (+3.3m 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.40. Options: 19 managers hold calls ($177.7m notional), 37 hold puts ($191.7m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 268Q4 22: 223223Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022268
Q4 2022223

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ3 22 calls: $134.7mQ3 22 puts: $106.4mQ3 22P/C 0.79Q4 22 calls: $177.7mQ4 22 puts: $191.7mQ4 22P/C 1.08
Numbers
QuarterCallsPutsP/C
Q3 2022$134.7m$106.4m0.79
Q4 2022$177.7m$191.7m1.08

Biggest buyers

STATE STREET CORP Added +1,263,077+1.3m
Miller Value Partners, LLC Added +1,164,224+1.2m
Anson Funds Management LP New +1,114,704+1.1m
MILLENNIUM MANAGEMENT LLC Added +1,102,644+1.1m
RENAISSANCE TECHNOLOGIES LLC New +1,054,300+1.1m
TWO SIGMA INVESTMENTS, LP Added +588,799+588.8k
TWO SIGMA ADVISERS, LP Added +516,000+516.0k
AMERIPRISE FINANCIAL INC Added +501,594+501.6k
ALLIANCEBERNSTEIN L.P. Added +409,000+409.0k
Trexquant Investment LP New +393,033+393.0k

Biggest sellers

MARSHALL WACE, LLP Sold out -1,349,311-1.3m
ZEVENBERGEN CAPITAL INVESTMENTS LLC Sold out -908,697-908.7k
EJF Capital LP Reduced -601,492-601.5k
Stephens Investment Management Group LLC Sold out -570,535-570.5k
Invesco Ltd. Reduced -550,686-550.7k
Capital International Investors Sold out -500,878-500.9k
FMR LLC Reduced -500,389-500.4k
Bridgewater Associates, LP Reduced -441,081-441.1k
Senvest Management, LLC Sold out -439,704-439.7k
Artisan Partners Limited Partnership Sold out -387,639-387.6k

Biggest calls

GROUP ONE TRADING LLC Added $37.5m2.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $33.7m1.9m shares
JANE STREET GROUP, LLC Added $28.0m1.6m shares
CITADEL ADVISORS LLC Added $27.9m1.6m shares
WOLVERINE TRADING, LLC Added $14.7m842.9k shares
SIMPLEX TRADING, LLC Added $12.3m705.6k shares
IMC-Chicago, LLC New $7.4m427.9k shares
PEAK6 Investments LLC Added $6.3m363.9k shares
Caption Management, LLC New $3.2m184.3k shares
Walleye Trading LLC Added $2.7m157.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $38.3m2.2m shares
GROUP ONE TRADING LLC Added $36.3m2.1m shares
CITADEL ADVISORS LLC Added $23.3m1.3m shares
SANDLER CAPITAL MANAGEMENT New $13.4m770.0k shares
JANE STREET GROUP, LLC Added $11.5m660.7k shares
SIMPLEX TRADING, LLC Added $10.3m594.0k shares
PEAK6 Investments LLC Added $7.2m413.3k shares
IMC-Chicago, LLC New $5.9m341.1k shares
WOLVERINE TRADING, LLC Added $5.5m315.5k shares
Atika Capital Management LLC New $5.1m2.9k 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.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,999,0833.0m $52.2m $52.2m 0.00% Added +101.0k +100,968
2 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,950,1983.0m $51.3m $51.3m 0.00% Added +1.3m +1,263,077
3 block.one 49.14% of their portfolio George Town, Grand Cayman, E9 2,562,1862.6m $44.6m $44.6m 49.14% First filing
4 BlackRock Inc. 0.00% of their portfolio New York, NY 2,285,3102.3m $39.8m $39.8m 0.00% Added +173.4k +173,408
5 Miller Value Partners, LLC 1.60% of their portfolio SARASOTA, FL 1,423,9841.4m $24.8m $24.8m 1.60% Added +1.2m +1,164,224
6 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,142,8461.1m $19.9m $19.9m 0.02% Added +1.1m +1,102,644
7 Anson Funds Management LP 4.70% of their portfolio DALLAS, TX 1,114,7041.1m $19.4m $19.4m 4.70% New
8 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 1,054,3001.1m $18.3m $18.3m 0.03% New
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 861,256861.3k $15.0m $15.0m 0.00% Added +137.5k +137,489
10 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 653,786653.8k $11.4m $11.4m 0.04% Added +588.8k +588,799
11 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 642,389642.4k $11.2m $11.2m 0.00% Added +501.6k +501,594
12 Point72 Asset Management, L.P. 0.04% of their portfolio STAMFORD, CT 600,000600.0k $10.4m $10.4m 0.04% Added +392.7k +392,708
13 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 574,200574.2k $10.0m $10.0m 0.03% Added +516.0k +516,000
14 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 573,473573.5k $10.0m $10.0m 0.00% Added +409.0k +409,000
15 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 556,509556.5k $9.7m $9.7m 0.00% Added +13.5k +13,517
16 Granahan Investment Management, LLC 0.26% of their portfolio WALTHAM, MA 492,163492.2k $8.6m $8.6m 0.26% Added +218.6k +218,589
17 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio JUPITER, FL 475,595475.6k $8.3m $8.3m 0.05% Added +185.8k +185,841
18 ARK Investment Management LLC 0.06% of their portfolio ST. PETERSBURG, FL 413,798413.8k $7.2m $7.2m 0.06% Reduced -6.9k -6,862
19 Trexquant Investment LP 0.19% of their portfolio STAMFORD, CT 393,033393.0k $6.8m $6.8m 0.19% New
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 387,019387.0k $6.7m $6.7m 0.00% Added +292.5k +292,475
21 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 362,676362.7k $6.3m $6.3m 0.00% Reduced -550.7k -550,686
22 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 352,358352.4k $6.1m $6.1m 0.01% Added +194.8k +194,800
23 Tidal Investments LLC 0.21% of their portfolio Milwaukee, WI 319,934319.9k $5.6m $5.6m 0.21% Added +18.7k +18,744
24 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 280,741280.7k $4.9m $4.9m 0.00% Reduced -14.5k -14,464
25 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 271,771271.8k $4.7m $4.7m 0.03% New
26 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 266,506266.5k $4.6m $4.6m 0.01% Added +131.3k +131,302
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 248,177248.2k $4.3m $4.3m 0.00% Added +14.6k +14,574
28 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 239,711239.7k $4.2m $4.2m 0.01% Reduced -59.1k -59,103
29 NORGES BANK 0.00% of their portfolio OSLO, Q8 233,964234.0k $4.1m $4.1m 0.00% Added +201.6k +201,630
30 Delphi Financial Group, Inc. 1.87% of their portfolio Wilmington, DE 213,445213.4k $3.7m $3.7m 1.87% New
31 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 212,823212.8k $3.7m $3.7m 0.01% Added +212.5k +212,461
32 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 189,870189.9k $3.3m $3.3m 0.01% Not comparable
33 SONA ASSET MANAGEMENT (US) LLC 0.87% of their portfolio NEW YORK, NY 174,000174.0k $3.0m $3.0m 0.87% New
34 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 173,524173.5k $3.0m $3.0m 0.01% New
35 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 170,088170.1k $3.0m $3.0m 0.00% Added +119.2k +119,196
36 Quantbot Technologies LP 0.21% of their portfolio NEW YORK, NY 169,595169.6k $3.0m $3.0m 0.21% New
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 161,707161.7k $2.8m $2.8m 0.00% Reduced -115.8k -115,842
38 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 158,030158.0k $2.7m $2.7m 0.02% New
39 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 147,005147.0k $2.6m $2.6m 0.00% Added +144.3k +144,257
40 Patient Capital Management, LLC 1.16% of their portfolio BALTIMORE, MD 135,600135.6k $2.4m $2.4m 1.16% New
41 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 127,574127.6k $2.2m $2.2m 0.00% Reduced -17.4k -17,410
42 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 127,391127.4k $2.2m $2.2m 0.00% Reduced -266.8k -266,829
43 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 126,843126.8k $2.2m $2.2m 0.01% New
44 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 125,474125.5k $2.2m $2.2m 0.00% Added +82.1k +82,055
45 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 120,923120.9k $2.1m $2.1m 0.01% New
46 Sculptor Capital LP 0.03% of their portfolio New York, NY 105,600105.6k $1.8m $1.8m 0.03% New
47 Temasek Holdings (Private) Ltd 0.01% of their portfolio SINGAPORE, U0 97,92297.9k $1.7m $1.7m 0.01% Unchanged
48 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 96,72696.7k $1.7m $1.7m 0.01% Added +66.8k +66,780
49 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 96,02296.0k $1.7m $1.7m 0.00% First filing
50 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 93,66093.7k $1.6m $1.6m 0.00% Added +50.2k +50,204
51 Robeco Institutional Asset Management B.V. 0.00% of their portfolio ROTTERDAM, P7 90,00090.0k $1.6m $1.6m 0.00% Unchanged
52 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 89,50689.5k $1.6m $1.6m 0.01% Added +81.8k +81,839
53 Bridgewater Associates, LP 0.01% of their portfolio Westport, CT 87,86887.9k $1.5m $1.5m 0.01% Reduced -441.1k -441,081
54 BIT Capital GmbH 0.31% of their portfolio BERLIN, 2M 86,95587.0k $1.5m $1.5m 0.31% Reduced -18.7k -18,700
55 JACOB ASSET MANAGEMENT OF NEW YORK LLC 1.82% of their portfolio HERMOSA BEACH, CA 86,12286.1k $1.5m $1.5m 1.82% Added +34.3k +34,339
56 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 85,54685.5k $1.5m $1.5m 0.00% Added +41.1k +41,150
57 SRN Advisors, LLC 1.47% of their portfolio HUNTINGDON VALLEY, PA 84,99685.0k $1.5m $1.5m 1.47% Added +62.2k +62,176
58 PEAK6 Investments LLC 0.08% of their portfolio CHICAGO, IL 80,39980.4k $1.4m $1.4m 0.08% Added +57.4k +57,415
59 TLS Advisors LLC 6.84% of their portfolio MIAMI, FL 79,79579.8k $1.4m $1.4m 6.84% First filing
60 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.02% of their portfolio BALA CYNWYD, PA 77,96778.0k $1.4m $1.4m 0.02% Added +74.7k +74,667
61 Swiss National Bank 0.00% of their portfolio ZURICH, V8 76,40076.4k $1.3m $1.3m 0.00% Added +1.4k +1,400
62 EXCHANGE TRADED CONCEPTS, LLC 0.04% of their portfolio Oklahoma City, OK 74,43874.4k $1.3m $1.3m 0.04% Reduced -7.9k -7,927
63 STILWELL VALUE LLC 0.93% of their portfolio NEW YORK, NY 71,00071.0k $1.2m $1.2m 0.93% New
64 Curi Capital, LLC 0.04% of their portfolio CHICAGO, IL 67,50067.5k $1.2m $1.2m 0.04% Added +9.0k +9,000
65 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 67,17867.2k $1.2m $1.2m 0.00% Added +11.3k +11,322
66 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 66,46566.5k $1.2m $1.2m 0.00% Reduced -38.4k -38,406
67 Graham Capital Management, L.P. 0.04% of their portfolio ROWAYTON, CT 60,89760.9k $1.1m $1.1m 0.04% New
68 Tower Research Capital LLC (TRC) 0.04% of their portfolio NEW YORK, NY 58,04558.0k $1.0m $1.0m 0.04% Added +41.2k +41,188
69 Sara-Bay Financial 0.56% of their portfolio SARASOTA, FL 56,78256.8k $988.0k $988.0k 0.56% Added +3.8k +3,802
70 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 52,11152.1k $906.7k $906.7k 0.01% Reduced -8.4k -8,374
71 Quadrature Capital Ltd 0.03% of their portfolio LONDON, X0 51,28951.3k $892.9k $892.9k 0.03% New
72 Taylor Frigon Capital Management LLC 0.50% of their portfolio SCOTTSDALE, AZ 50,87550.9k $885.2k $885.2k 0.50% Added +14.3k +14,290
73 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 46,94446.9k $817.0k $817.0k 0.00% Reduced -14.2k -14,154
74 HAP Trading, LLC 0.13% of their portfolio NEW YORK, NY 46,58446.6k $811.0k $811.0k 0.13% New
75 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 46,49046.5k $808.9k $808.9k 0.00% Reduced -53.2k -53,216
76 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 46,30746.3k $806.0k $806.0k 0.00% Added +2.1k +2,057
77 NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio ST. LOUIS, MO 46,24646.2k $805.0k $805.0k 0.01% Added +45.2k +45,224
78 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 41,62941.6k $724.3k $724.3k 0.00% Added +36.4k +36,353
79 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 40,40740.4k $703.1k $703.1k 0.00% Added +26.7k +26,694
80 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 40,02640.0k $696.5k $696.5k 0.00% Added +427 +427
81 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 37,11437.1k $645.8k $645.8k 0.00% Added +2.7k +2,690
82 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 36,54036.5k $636.0k $636.0k 0.00% Added +10.6k +10,568
83 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 35,31035.3k $614.4k $614.4k 0.01% Added +31.6k +31,577
84 HENNESSY ADVISORS INC 0.04% of their portfolio NOVATO, CA 35,00035.0k $609.0k $609.0k 0.04% New
85 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 34,55734.6k $601.3k $601.3k 0.00% Added +1.7k +1,692
86 EJF Capital LP 0.19% of their portfolio Arlington, VA 34,24534.2k $595.9k $595.9k 0.19% Reduced -601.5k -601,492
87 Ribbit Capital GP V, Ltd. 2.86% of their portfolio Palo Alto, CA 32,64132.6k $568.0k $568.0k 2.86% First filing
88 Caption Management, LLC 0.09% of their portfolio OKLAHOMA CITY, OK 32,10032.1k $558.5k $558.5k 0.09% New
89 WOODMONT INVESTMENT COUNSEL LLC 0.06% of their portfolio NASHVILLE, TN 30,83930.8k $536.6k $536.6k 0.06% Reduced -3.2k -3,207
90 UBS Group AG 0.00% of their portfolio ZURICH, V8 28,79728.8k $501.1k $501.1k 0.00% Reduced -12.2k -12,215
91 Engineers Gate Manager LP 0.03% of their portfolio NEW YORK, NY 27,68927.7k $481.8k $481.8k 0.03% Added +24.7k +24,694
92 Legal & General Group Plc 0.00% of their portfolio London, X0 27,46827.5k $477.9k $477.9k 0.00% Reduced -130 -130
93 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 27,13527.1k $472.1k $472.1k 0.00% Added +1.5k +1,500
94 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 25,87725.9k $450.3k $450.3k 0.00% Reduced -1.9k -1,862
95 Aquatic Capital Management LLC 0.03% of their portfolio CHICAGO, IL 25,70025.7k $447.0k $447.0k 0.03% Added +13.5k +13,500
96 Harvest Portfolios Group Inc. 0.03% of their portfolio Oakville, A6 25,35225.4k $441.1k $441.1k 0.03% First filing
97 Man Group plc 0.00% of their portfolio LONDON, X0 24,34624.3k $423.6k $423.6k 0.00% Reduced -89.5k -89,533
98 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 24,10024.1k $419.3k $419.3k 0.00% Added +21.5k +21,500
99 XTX Topco Ltd 0.09% of their portfolio LONDON, X0 23,59323.6k $410.5k $410.5k 0.09% New
100 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 23,15623.2k $403.0k $403.0k 0.01% Added +16.1k +16,084