Vault-13

SPROTT PHYSICAL SILVER TR PSLV

TR UNIT · Closed-End Fund · CUSIP 85207K107

404 institutional holders +16 vs Q1 2025
134,302,715134.3m shares reported held*
$1.6bnreported value*
39 new 153 added 80 reduced 27 sold out net bought ≈ $65.6m (+5.4m 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 ($23.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.27.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 283Q4 22: 308Q1 23: 302Q2 23: 312Q3 23: 315Q4 23: 318Q1 24: 325Q2 24: 333Q3 24: 344Q4 24: 374Q1 25: 388Q2 25: 404404Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022283
Q4 2022308
Q1 2023302
Q2 2023312
Q3 2023315
Q4 2023318
Q1 2024325
Q2 2024333
Q3 2024344
Q4 2024374
Q1 2025388
Q2 2025404

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 97 bought or addedQ3 23: 111 cut or sold outQ4 23: 98 bought or addedQ4 23: 111 cut or sold outQ4 23Q1 24: 97 bought or addedQ1 24: 125 cut or sold outQ2 24: 138 bought or addedQ2 24: 95 cut or sold outQ2 24Q3 24: 140 bought or addedQ3 24: 98 cut or sold outQ4 24: 151 bought or addedQ4 24: 104 cut or sold outQ4 24Q1 25: 165 bought or addedQ1 25: 103 cut or sold outQ2 25: 192 bought or addedQ2 25: 107 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202397111
Q4 202398111
Q1 202497125
Q2 202413895
Q3 202414098
Q4 2024151104
Q1 2025165103
Q2 2025192107

Biggest buyers

ROYAL BANK OF CANADA Added +3,712,064+3.7m
JANE STREET GROUP, LLC Added +3,582,153+3.6m
JUPITER ASSET MANAGEMENT LTD Added +1,002,527+1.0m
Federation des caisses Desjardins du Quebec Added +757,030+757.0k
PenderFund Capital Management Ltd. New +665,000+665.0k
ALPS ADVISORS INC Added +631,803+631.8k
TIAA TRUST, NATIONAL ASSOCIATION Added +606,556+606.6k
Prospera Financial Services Inc Added +580,287+580.3k
WINNACLE WEALTH LLC New +530,399+530.4k
Summit Financial, LLC Added +485,105+485.1k

Biggest sellers

BlackRock, Inc. Reduced -4,497,813-4.5m
Polar Asset Management Partners Inc. Reduced -1,641,829-1.6m
WEALTHCARE CAPITAL MANAGEMENT LLC Reduced -1,263,923-1.3m
RAYMOND JAMES FINANCIAL INC Reduced -1,140,041-1.1m
Geneos Wealth Management Inc. Reduced -1,048,754-1.0m
Marex Group Ltd Sold out -742,012-742.0k
Janney Montgomery Scott LLC Reduced -521,161-521.2k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -464,256-464.3k
Whitaker-Myers Wealth Managers, LTD. Sold out -450,074-450.1k
NATIONAL BANK OF CANADA /FI/ Reduced -420,930-420.9k

Insider purchases and sales in Q2 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 Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 21,326,17521.3m $261.0m $261.0m 0.00% Reduced -4.5m -4,497,813
2 Federation des caisses Desjardins du Quebec 0.85% of their portfolio LEVIS, A8 15,939,07815.9m $194.7m $194.7m 0.85% Added +757.0k +757,030
3 JUPITER ASSET MANAGEMENT LTD 0.78% of their portfolio London, X0 7,610,3917.6m $93.2m $93.2m 0.78% Added +1.0m +1,002,527
4 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 7,094,6407.1m $86.8m $86.8m 0.01% Added +3.7m +3,712,064
5 JANE STREET GROUP, LLC 0.11% of their portfolio NEW YORK, NY 5,772,0745.8m $70.7m $70.7m 0.11% Added +3.6m +3,582,153
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,730,5783.7m $45.7m $45.7m 0.00% Added +132.0k +132,004
7 Polar Asset Management Partners Inc. 1.05% of their portfolio TORONTO, A6 3,437,2323.4m $42.1m $42.1m 1.05% Reduced -1.6m -1,641,829
8 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 2,705,1472.7m $33.1m $33.1m 0.01% Added +209.0k +209,025
9 Capital Wealth Alliance, LLC 16.12% of their portfolio Scottsdale, AZ 2,450,3022.5m $30.0m $30.0m 16.12% Added +28.8k +28,830
10 WEALTHCARE CAPITAL MANAGEMENT LLC 3.16% of their portfolio RICHMOND, VA 2,444,0082.4m $29.9m $29.9m 3.16% Reduced -1.3m -1,263,923
11 SPROTT INC. 1.15% of their portfolio TORONTO, A6 1,871,2271.9m $22.9m $22.9m 1.15% Reduced -43.5k -43,506
12 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,777,6361.8m $21.8m $21.8m 0.00% Added +130.5k +130,461
13 Basepoint Wealth LLC 15.75% of their portfolio CEDAR RAPIDS, IA 1,665,0631.7m $20.4m $20.4m 15.75% Reduced -23.6k -23,642
14 FIDELIS CAPITAL PARTNERS, LLC 1.89% of their portfolio TAMPA, FL 1,618,1601.6m $20.8m $20.8m 1.89% Reduced -14.2k -14,190
15 Equinox Partners Investment Management LLC 10.25% of their portfolio STAMFORD, CT 1,473,0001.5m $18.0m $18.0m 10.25% Unchanged
16 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 1,400,4851.4m $17.1m $17.1m 0.03% Added +141.2k +141,195
17 ALPS ADVISORS INC 0.10% of their portfolio Denver, CO 1,395,5491.4m $17.1m $17.1m 0.10% Added +631.8k +631,803
18 HOLLENCREST CAPITAL MANAGEMENT 0.71% of their portfolio NEWPORT BEACH, CA 1,354,8391.4m $16.6m $16.6m 0.71% Added +992 +992
19 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 1,299,2311.3m $15.9m $15.9m 0.03% Added +188.3k +188,283
20 Kestra Advisory Services, LLC 0.07% of their portfolio AUSTIN, TX 1,207,0841.2m $14.8m $14.8m 0.07% Added +364.3k +364,297
21 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,167,1911.2m $14.3m $14.3m 0.00% Reduced -1.1m -1,140,041
22 Prospera Financial Services Inc 0.26% of their portfolio Dallas, TX 1,147,5121.1m $14.0m $14.0m 0.26% Added +580.3k +580,287
23 Cyndeo Wealth Partners, LLC 0.76% of their portfolio ST. PETERSBURG, FL 1,051,3031.1m $12.9m $12.9m 0.76% Added +20.1k +20,106
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 1,050,8991.1m $12.9m $12.9m 0.00% Added +230.0k +230,006
25 Geneos Wealth Management Inc. 0.27% of their portfolio ENGLEWOOD, CO 888,086888.1k $10.9m $10.9m 0.27% Reduced -1.0m -1,048,754
26 Pekin Hardy Strauss, Inc. 1.23% of their portfolio CHICAGO, IL 880,542880.5k $10.8m $10.8m 1.23% Added +80.4k +80,426
27 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 861,955862.0k $14.4m $14.4m 0.01% Added +229.2k +229,166
28 TIAA TRUST, NATIONAL ASSOCIATION 0.03% of their portfolio CHARLOTTE, NC 810,456810.5k $9.9m $9.9m 0.03% Added +606.6k +606,556
29 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 796,609796.6k $9.8m $9.8m 0.01% Added +142.3k +142,326
30 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 788,067788.1k $9.6m $9.6m 0.02% Added +250.2k +250,204
31 EVERGREEN CAPITAL MANAGEMENT LLC 0.28% of their portfolio Bellevue, WA 755,879755.9k $9.3m $9.3m 0.28% Added +16.4k +16,361
32 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 749,758749.8k $9.4m $9.4m 0.02% Added +8.5k +8,481
33 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 717,960718.0k $8.8m $8.8m 0.03% Added +194.3k +194,285
34 PenderFund Capital Management Ltd. 1.93% of their portfolio VANCOUVER, A1 665,000665.0k $8.1m $8.1m 1.93% New
35 Euro Pacific Asset Management, LLC 0.66% of their portfolio DORADO, PR 623,244623.2k $7.1m $7.1m 0.66% Added +351.1k +351,095
36 MONEY CONCEPTS CAPITAL CORP 0.50% of their portfolio PALM BEACH GARDENS, FL 613,995614.0k $7.5m $7.5m 0.50% Added +9.9k +9,865
37 Summit Financial, LLC 0.17% of their portfolio PARSIPPANY, NJ 606,451606.5k $7.4m $7.4m 0.17% Added +485.1k +485,105
38 CENTRAL TRUST Co 0.17% of their portfolio JEFFERSON CITY, MO 593,635593.6k $7.3m $7.3m 0.17% Reduced -25.6k -25,594
39 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 579,977580.0k $7.1m $7.1m 0.01% Added +139.9k +139,893
40 World Investment Advisors 0.15% of their portfolio LINCROFT, NJ 556,498556.5k $6.8m $6.8m 0.15% Added +195.0k +195,046
41 Kingsview Wealth Management, LLC 0.11% of their portfolio GRANTS PASS, OR 548,152548.2k $6.7m $6.7m 0.11% Added +52.5k +52,481
42 Accordant Advisory Group Inc 4.84% of their portfolio ANNAPOLIS, MD 530,399530.4k $6.5m $6.5m 4.84% Added +18.4k +18,410
43 WINNACLE WEALTH LLC 4.84% of their portfolio WACO, TX 530,399530.4k $6.5m $6.5m 4.84% New
44 Fielder Capital Group LLC 1.70% of their portfolio NASHVILLE, TN 520,150520.1k $6.4m $6.4m 1.70% Reduced -46.6k -46,614
45 Advisory Services Network, LLC 0.10% of their portfolio ATLANTA, GA 511,726511.7k $6.4m $6.4m 0.10% Added +156.9k +156,871
46 Blueprint Investment Partners LLC 1.09% of their portfolio GREENSBORO, NC 503,561503.6k $6.2m $6.2m 1.09% Added +54.1k +54,076
47 Blueprint Financial Advisors LLC 1.98% of their portfolio GREENSBOTO, NC 503,561503.6k $6.2m $6.2m 1.98% Added +54.1k +54,076
48 Brookstone Capital Management 0.08% of their portfolio WHEATON, IL 486,451486.5k $6.0m $6.0m 0.08% Added +60.0k +60,002
49 Nokomis Capital, L.L.C. 2.46% of their portfolio DALLAS, TX 479,721479.7k $5.9m $5.9m 2.46% Added +156.9k +156,900
50 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 475,439475.4k $5.8m $5.8m 0.01% Reduced -464.3k -464,256
51 Pasadena Private Wealth, LLC 0.99% of their portfolio PASADENA, CA 473,927473.9k $5.8m $5.8m 0.99% Reduced -42.0k -41,986
52 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 465,112465.1k $5.7m $5.7m 0.00% Added +20.9k +20,856
53 Hurley Capital, LLC 3.97% of their portfolio NEW YORK, NY 462,561462.6k $5.7m $5.7m 3.97% Added +804 +804
54 K.J. Harrison & Partners Inc 0.93% of their portfolio TORONTO, A6 460,765460.8k $5.6m $5.6m 0.93% Added +165.4k +165,405
55 Entruity Wealth, LLC 4.76% of their portfolio BAKERSFIELD, CA 457,194457.2k $5.6m $5.6m 4.76% Added +13.1k +13,091
56 Pacific Sage Partners, LLC 1.10% of their portfolio EDMONDS, WA 452,093452.1k $5.5m $5.5m 1.10% Added +31.9k +31,868
57 Manatuck Hill Partners, LLC 2.07% of their portfolio WESTPORT, CT 450,000450.0k $5.5m $5.5m 2.07% Reduced -250.0k -250,000
58 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 440,145440.1k $5.4m $5.4m 0.01% Added +117.0k +117,000
59 UBS Group AG 0.00% of their portfolio ZURICH, V8 437,766437.8k $5.4m $5.4m 0.00% Added +429.9k +429,862
60 Abacus Planning Group, Inc. 0.79% of their portfolio COLUMBIA, SC 435,540435.5k $5.3m $5.3m 0.79% Unchanged
61 Kera Capital Partners, Inc. 1.04% of their portfolio SACRAMENTO, CA 431,836431.8k $5.3m $5.3m 1.04% Added +19.5k +19,466
62 Financial Sense Advisors, Inc. 1.24% of their portfolio SAN DIEGO, CA 416,863416.9k $5.1m $5.1m 1.24% Added +222.5k +222,518
63 Belpointe Asset Management LLC 0.21% of their portfolio RENO, NV 405,653405.7k $5.0m $5.0m 0.21% Added +12.5k +12,465
64 Rathbones Group PLC 0.02% of their portfolio Liverpool, X0 399,155399.2k $4.9m $4.9m 0.02% Added +16.0k +16,039
65 Cannell & Spears LLC 0.09% of their portfolio NEW YORK, NY 353,000353.0k $4.3m $4.3m 0.09% Unchanged
66 Apella Capital, LLC 0.12% of their portfolio WEST HARTFORD, CT 346,258346.3k $4.3m $4.3m 0.12% Added +10.3k +10,278
67 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 344,358344.4k $4.2m $4.2m 0.01% Added +243.9k +243,946
68 Glenmede Investment Management, LP 0.02% of their portfolio PHILADELPHIA, PA 342,718342.7k $4.2m $4.2m 0.02% First filing
69 Pine Valley Investments Ltd Liability Co 0.24% of their portfolio MARLTON, NJ 337,393337.4k $4.1m $4.1m 0.24% Added +2.8k +2,836
70 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 331,076331.1k $4.1m $4.1m 0.03% Reduced -1.8k -1,790
71 LM Asset Management Inc. 3.76% of their portfolio VANCOUVER, A1 330,000330.0k $4.0m $4.0m 3.76% Added +30.0k +30,000
72 PARSONS CAPITAL MANAGEMENT INC/RI 0.24% of their portfolio PROVIDENCE, RI 322,218322.2k $3.9m $3.9m 0.24% Reduced -30.0k -30,000
73 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 319,698319.7k $3.9m $3.9m 0.02% Added +675 +675
74 WADDELL & ASSOCIATES, LLC 0.40% of their portfolio MEMPHIS, TN 305,808305.8k $3.7m $3.7m 0.40% Reduced -26.1k -26,131
75 Kovack Advisors, Inc. 0.36% of their portfolio FT. LAUDERDALE, FL 301,376301.4k $3.7m $3.7m 0.36% Added +3.3k +3,336
76 Gradient Investments LLC 0.07% of their portfolio ARDEN HILLS, MN 299,837299.8k $3.7m $3.7m 0.07% Added +1.6k +1,574
77 Bleakley Financial Group, LLC 0.09% of their portfolio PARSIPPANY, NJ 299,258299.3k $3.7m $3.7m 0.09% Added +910 +910
78 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 285,444285.4k $3.5m $3.5m 0.00% Unchanged
79 Wealthcare Advisory Partners LLC 0.08% of their portfolio WEST CHESTER, PA 280,504280.5k $3.4m $3.4m 0.08% Added +2.0k +1,974
80 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 270,088270.1k $3.3m $3.3m 0.01% Reduced -18.3k -18,261
81 SMART Wealth LLC 0.98% of their portfolio Omaha, NE 255,824255.8k $3.1m $3.1m 0.98% Added +45.9k +45,875
82 MENLO ADVISORS LLC 1.68% of their portfolio MENLO PARK, CA 253,380253.4k $3.1m $3.1m 1.68% New
83 Proactive Wealth Strategies LLC 1.46% of their portfolio MARIETTA, GA 252,927252.9k $3.1m $3.1m 1.46% New
84 ArchPoint Investors 0.88% of their portfolio CORAL GABLES, FL 245,864245.9k $3.0m $3.0m 0.88% Unchanged
85 GREAT VALLEY ADVISOR GROUP, INC. 0.07% of their portfolio WILMINGTON, DE 245,669245.7k $3.0m $3.0m 0.07% Reduced -1.7k -1,666
86 Amitell Capital Pte Ltd 1.65% of their portfolio SINGAPORE, U0 240,680240.7k $2.9m $2.9m 1.65% Unchanged
87 Pettinga Financial Advisors LLC 0.62% of their portfolio EVANSVILLE, IN 230,100230.1k $2.8m $2.8m 0.62% Reduced -6.7k -6,675
88 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 229,639229.6k $2.8m $2.8m 0.00% Added +180.5k +180,483
89 NewEdge Wealth, LLC 0.04% of their portfolio STAMFORD, CT 211,665211.7k $2.7m $2.7m 0.04% Unchanged
90 Regency Capital Management Inc.\DE 1.34% of their portfolio HONOLULU, HI 208,896208.9k $2.6m $2.6m 1.34% Added +6.2k +6,200
91 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 199,391199.4k $2.4m $2.4m 0.03% Reduced -1.2k -1,239
92 Rossby Financial, LCC 0.91% of their portfolio MELBOURNE, FL 197,450197.4k $2.4m $2.4m 0.91% Added +7.4k +7,400
93 HC Advisors, LLC 1.67% of their portfolio SANDY SPRINGS, GA 193,472193.5k $2.4m $2.4m 1.67% Added +70.9k +70,871
94 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 193,468193.5k $2.4m $2.4m 0.02% Reduced -5.6k -5,589
95 Spire Wealth Management 0.08% of their portfolio MCLEAN, VA 191,430191.4k $2.3m $2.3m 0.08% Reduced -21.6k -21,609
96 Ancora Advisors LLC 0.05% of their portfolio Cleveland, OH 186,807186.8k $2.3m $2.3m 0.05% Added +2.6k +2,634
97 GUARDIAN WEALTH ADVISORS, LLC / NC 0.16% of their portfolio RALEIGH, NC 180,503180.5k $2.2m $2.2m 0.16% Added +25.4k +25,449
98 HARBOUR INVESTMENTS, INC. 0.06% of their portfolio MADISON, WI 179,737179.7k $2.2m $2.2m 0.06% Added +10.0k +9,961
99 Hudock, Inc. 0.35% of their portfolio Williamsport, PA 179,435179.4k $2.2m $2.2m 0.35% Unchanged
100 Larson Financial Group LLC 0.09% of their portfolio ST LOUIS, MO 176,521176.5k $2.2m $2.2m 0.09% Reduced -343 -343