Vault-13

SPROTT PHYSICAL SILVER TR PSLV

TR UNIT · Closed-End Fund · CUSIP 85207K107

476 institutional holders -30 vs Q1 2026
164,639,787164.6m shares reported held*
$3.1bnreported value*
38 new 141 added 143 reduced 63 sold out net bought ≈ $177.2m (+9.3m 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 ($33.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.92. Options: 1 managers hold calls ($2.1m notional), 1 hold puts ($1.6m).

Trends to Q2 2026

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: 404Q3 25: 421Q4 25: 483Q1 26: 506Q2 26: 476476Q3 22Q3 23Q3 24Q3 25Q2 26
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
Q3 2025421
Q4 2025483
Q1 2026506
Q2 2026476

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 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 25Q3 25: 201 bought or addedQ3 25: 111 cut or sold outQ4 25: 220 bought or addedQ4 25: 167 cut or sold outQ4 25Q1 26: 211 bought or addedQ1 26: 241 cut or sold outQ2 26: 179 bought or addedQ2 26: 206 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202414098
Q4 2024151104
Q1 2025165103
Q2 2025192107
Q3 2025201111
Q4 2025220167
Q1 2026211241
Q2 2026179206

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 25 calls: $5.2mQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $4.2mQ4 25 puts: $1.8mQ4 25P/C 0.44Q1 26 calls: $6.6mQ1 26 puts: $3.0mQ1 26P/C 0.45Q2 26 calls: $2.1mQ2 26 puts: $1.6mQ2 26P/C 0.79
Numbers
QuarterCallsPutsP/C
Q3 2025$5.2m$00.00
Q4 2025$4.2m$1.8m0.44
Q1 2026$6.6m$3.0m0.45
Q2 2026$2.1m$1.6m0.79

Biggest buyers

Federation des caisses Desjardins du Quebec Added +4,985,569+5.0m
IMC-Chicago, LLC Added +4,400,600+4.4m
BlackRock, Inc. Added +4,179,194+4.2m
GOLDMAN SACHS GROUP INC Added +2,927,318+2.9m
Cambridge Investment Research Advisors, Inc. Added +1,798,880+1.8m
Kovack Advisors, Inc. Added +928,447+928.4k
AlTi Global, Inc. New +671,620+671.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +443,534+443.5k
Cedrus Wealth Group LLC Added +254,205+254.2k
WIT Partners Advisory Pte. Ltd. Added +250,473+250.5k

Biggest sellers

Weiss Asset Management LP Reduced -5,388,581-5.4m
CITADEL ADVISORS LLC Reduced -814,357-814.4k
Anson Funds Management LP Reduced -598,473-598.5k
RK Capital Management, LLC/FL Sold out -509,906-509.9k
JANE STREET GROUP, LLC Reduced -446,433-446.4k
ENVESTNET ASSET MANAGEMENT INC Reduced -443,506-443.5k
Quarry LP Sold out -416,000-416.0k
ALPS ADVISORS INC Reduced -375,553-375.6k
Blueprint Investment Partners LLC Reduced -346,608-346.6k
Blueprint Financial Advisors LLC Reduced -346,608-346.6k

Biggest calls

SIG North Trading, ULC Reduced $2.1m109.1k shares

Biggest puts

SIG North Trading, ULC Reduced $1.6m86.0k 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.

Insider purchases and sales since 1 Apr 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 since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Federation des caisses Desjardins du Quebec 1.31% of their portfolio LEVIS, A8 22,711,15922.7m $427.6m $427.6m 1.31% Added +5.0m +4,985,569
2 IMC-Chicago, LLC 2.99% of their portfolio CHICAGO, IL 17,254,07117.3m $325.6m $325.6m 2.99% Added +4.4m +4,400,600
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 15,149,82715.1m $285.9m $285.9m 0.00% Added +4.2m +4,179,194
4 JUPITER ASSET MANAGEMENT LTD 0.91% of their portfolio London, X0 9,666,7639.7m $184.2m $184.2m 0.91% Added +198.9k +198,880
5 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 7,485,1567.5m $141.2m $141.2m 0.01% Added +2.9m +2,927,318
6 ALPS ADVISORS INC 0.51% of their portfolio Denver, CO 5,777,2065.8m $109.0m $109.0m 0.51% Reduced -375.6k -375,553
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,809,6744.8m $90.8m $90.8m 0.00% Added +113.4k +113,448
8 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 3,394,6523.4m $64.1m $64.1m 0.07% Added +1.8m +1,798,880
9 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 3,033,7693.0m $57.2m $57.2m 0.01% Reduced -150.2k -150,184
10 Weiss Asset Management LP 0.59% of their portfolio BOSTON, MA 2,801,7892.8m $52.9m $52.9m 0.59% Reduced -5.4m -5,388,581
11 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,750,8412.8m $51.9m $51.9m 0.01% Reduced -95.3k -95,336
12 Capital Wealth Alliance, LLC 19.56% of their portfolio Scottsdale, AZ 2,233,1412.2m $42.1m $42.1m 19.56% Added +13.3k +13,347
13 Kestra Advisory Services, LLC 0.12% of their portfolio AUSTIN, TX 1,891,2281.9m $35.7m $35.7m 0.12% Added +226.1k +226,082
14 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,791,6761.8m $33.8m $33.8m 0.01% Reduced -52.6k -52,612
15 SPROTT INC. 1.05% of their portfolio TORONTO, A6 1,676,6001.7m $31.6m $31.6m 1.05% Added +20.6k +20,605
16 FIDELIS CAPITAL PARTNERS, LLC 1.79% of their portfolio TAMPA, FL 1,650,8201.7m $31.2m $31.2m 1.79% Unchanged
17 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 1,578,5711.6m $29.8m $29.8m 0.02% Reduced -446.4k -446,433
18 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,551,1851.6m $29.3m $29.3m 0.01% Reduced -43.6k -43,585
19 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 1,506,0341.5m $28.4m $28.4m 0.03% Added +165.9k +165,881
20 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 1,373,0091.4m $25.9m $25.9m 0.02% Reduced -84.1k -84,146
21 HOLLENCREST CAPITAL MANAGEMENT 1.70% of their portfolio NEWPORT BEACH, CA 1,372,9141.4m $25.9m $25.9m 1.70% Reduced -4.5k -4,480
22 Prospera Financial Services Inc 0.37% of their portfolio Dallas, TX 1,340,7091.3m $25.3m $25.3m 0.37% Reduced -1.9k -1,864
23 Beacon Pointe Advisors, LLC 0.12% of their portfolio NEWPORT BEACH, CA 1,332,9491.3m $25.2m $25.2m 0.12% Added +9.3k +9,324
24 Kovack Advisors, Inc. 1.15% of their portfolio FT. LAUDERDALE, FL 1,270,8871.3m $24.0m $24.0m 1.15% Added +928.4k +928,447
25 WIT Partners Advisory Pte. Ltd. 11.14% of their portfolio SINGAPORE, U0 1,258,0301.3m $23.7m $23.7m 11.14% Added +250.5k +250,473
26 WEALTHCARE CAPITAL MANAGEMENT LLC 1.84% of their portfolio RICHMOND, VA 1,028,9241.0m $19.4m $19.4m 1.84% Reduced -31.0k -31,041
27 Cedrus Wealth Group LLC 16.62% of their portfolio ANDOVER, MN 1,008,3581.0m $19.0m $19.0m 16.62% Added +254.2k +254,205
28 Cable Car Capital, LP 0.82% of their portfolio SAN FRANCISCO, CA 1,000,0001.0m $18.9m $18.9m 0.82% Unchanged
29 Kingsview Wealth Management, LLC 0.22% of their portfolio GRANTS PASS, OR 972,794972.8k $18.4m $18.4m 0.22% Added +30.7k +30,701
30 World Investment Advisors 0.39% of their portfolio LINCROFT, NJ 963,167963.2k $23.5m $23.5m 0.39% Reduced -40.5k -40,463
31 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 936,022936.0k $17.7m $17.7m 0.00% Reduced -443.5k -443,506
32 Basepoint Wealth LLC 9.34% of their portfolio CEDAR RAPIDS, IA 865,438865.4k $16.3m $16.3m 9.34% Reduced -108.4k -108,393
33 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 865,277865.3k $16.3m $16.3m 0.02% Reduced -156.7k -156,670
34 Marex Group Ltd 0.10% of their portfolio London, X0 717,611717.6k $13.5m $13.5m 0.10% Reduced -26.8k -26,798
35 Asset One Wealth Management LLC 1.37% of their portfolio BELLEVUE, WA 700,769700.8k $13.0m $13.0m 1.37% Added +27.9k +27,853
36 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 686,911686.9k $13.1m $13.1m 0.02% Reduced -188.0k -188,006
37 AlTi Global, Inc. 0.28% of their portfolio NEW YORK, NY 671,620671.6k $13.4m $13.4m 0.28% New
38 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.04% of their portfolio CHARLOTTE, NC 669,971670.0k $12.6m $12.6m 0.04% Reduced -129.4k -129,419
39 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 642,373642.4k $12.1m $12.1m 0.01% Reduced -7.8k -7,848
40 Brookstone Capital Management 0.12% of their portfolio WHEATON, IL 636,397636.4k $12.0m $12.0m 0.12% Added +488 +488
41 MONEY CONCEPTS CAPITAL CORP 0.54% of their portfolio PALM BEACH GARDENS, FL 613,780613.8k $11.6m $11.6m 0.54% Reduced -3.4k -3,422
42 LEAVELL INVESTMENT MANAGEMENT, INC. 0.42% of their portfolio MOBILE, AL 613,245613.2k $11.6m $11.6m 0.42% Added +47.9k +47,929
43 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 603,594603.6k $11.4m $11.4m 0.02% Added +97.4k +97,352
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 588,016588.0k $11.1m $11.1m 0.01% Added +443.5k +443,534
45 Cyndeo Wealth Partners, LLC 0.51% of their portfolio ST. PETERSBURG, FL 576,722576.7k $10.9m $10.9m 0.51% Added +31.7k +31,687
46 Summit Financial, LLC 0.12% of their portfolio PARSIPPANY, NJ 572,407572.4k $10.8m $10.8m 0.12% Reduced -53.1k -53,132
47 Proactive Wealth Strategies LLC 1.72% of their portfolio MARIETTA, GA 569,500569.5k $10.7m $10.7m 1.72% Reduced -1.8k -1,848
48 Abacus Planning Group, Inc. 1.32% of their portfolio COLUMBIA, SC 565,265565.3k $10.7m $10.7m 1.32% Unchanged
49 Kera Capital Partners, Inc. 1.00% of their portfolio SACRAMENTO, CA 550,964551.0k $10.4m $10.4m 1.00% Added +27.0k +26,975
50 Equinox Partners Investment Management LLC 4.89% of their portfolio STAMFORD, CT 550,500550.5k $10.4m $10.4m 4.89% Added +166.0k +166,000
51 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 550,289550.3k $10.4m $10.4m 0.01% Added +69.4k +69,358
52 Geneos Wealth Management Inc. 0.21% of their portfolio ENGLEWOOD, CO 548,031548.0k $10.3m $10.3m 0.21% Reduced -24.3k -24,284
53 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 535,079535.1k $10.1m $10.1m 0.00% Reduced -60.4k -60,409
54 Advisory Services Network, LLC 0.11% of their portfolio ATLANTA, GA 519,432519.4k $9.8m $9.8m 0.11% Added +8.7k +8,651
55 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.55% of their portfolio ORLANDO, FL 491,171491.2k $9.3m $9.3m 0.55% Reduced -5.1k -5,119
56 SCOTIA CAPITAL INC. 0.03% of their portfolio TORONTO, A6 477,190477.2k $8.9m $8.9m 0.03% Reduced -280.8k -280,828
57 Hurley Capital, LLC 4.56% of their portfolio NEW YORK, NY 466,559466.6k $8.8m $8.8m 4.56% Reduced -350 -350
58 Accordant Advisory Group Inc 5.87% of their portfolio ANNAPOLIS, MD 461,338461.3k $8.7m $8.7m 5.87% Reduced -2.2k -2,222
59 RIA Advisory Group LLC 1.91% of their portfolio Des Moines, IA 455,688455.7k $8.6m $8.6m 1.91% Added +1.2k +1,206
60 Pacific Sage Partners, LLC 1.22% of their portfolio EDMONDS, WA 455,651455.7k $8.6m $8.6m 1.22% Reduced -453 -453
61 INSIGNEO ADVISORY SERVICES, LLC 0.32% of their portfolio MIAMI, FL 449,742449.7k $8.5m $8.5m 0.32% Added +88.8k +88,775
62 K.J. Harrison & Partners Inc 1.19% of their portfolio TORONTO, A6 445,981446.0k $8.4m $8.4m 1.19% Added +230.0k +230,013
63 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 442,718442.7k $8.4m $8.4m 0.04% Reduced -134.8k -134,802
64 Grand Central Investment Group 6.75% of their portfolio TAMPA, FL 427,947427.9k $8.1m $8.1m 6.75% Reduced -24.1k -24,140
65 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 417,670417.7k $7.9m $7.9m 0.00% Added +23.1k +23,129
66 Cannell & Spears LLC 0.14% of their portfolio NEW YORK, NY 405,850405.9k $7.7m $7.7m 0.14% Added +450 +450
67 Pekin Hardy Strauss, Inc. 0.65% of their portfolio CHICAGO, IL 390,969391.0k $7.4m $7.4m 0.65% Added +17.6k +17,560
68 EVERGREEN CAPITAL MANAGEMENT LLC 0.13% of their portfolio Bellevue, WA 389,517389.5k $7.4m $7.4m 0.13% Reduced -10.9k -10,904
69 Forest Hill Capital, LLC 5.63% of their portfolio LITTLE ROCK, AR 388,000388.0k $7.3m $7.3m 5.63% Unchanged
70 Bleakley Financial Group, LLC 0.09% of their portfolio PARSIPPANY, NJ 383,541383.5k $7.2m $7.2m 0.09% Reduced -105.1k -105,065
71 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 365,114365.1k $6.8m $6.8m 0.01% Reduced -16.8k -16,830
72 TD Waterhouse Canada Inc. 0.02% of their portfolio TORONTO, A6 362,737362.7k $6.9m $6.9m 0.02% Added +20.2k +20,210
73 Entruity Wealth, LLC 4.41% of their portfolio BAKERSFIELD, CA 361,456361.5k $6.8m $6.8m 4.41% Reduced -31.2k -31,207
74 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 356,362356.4k $6.7m $6.7m 0.03% Reduced -16.7k -16,690
75 Apella Capital, LLC 0.10% of their portfolio WEST HARTFORD, CT 351,326351.3k $6.8m $6.8m 0.10% Reduced -2.0k -1,993
76 CENTRAL TRUST Co 0.11% of their portfolio JEFFERSON CITY, MO 330,978331.0k $6.2m $6.2m 0.11% Reduced -56.7k -56,705
77 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 328,652328.7k $6.1m $6.1m 0.00% Reduced -340.5k -340,523
78 Pine Valley Investments Ltd Liability Co 0.24% of their portfolio MARLTON, NJ 302,878302.9k $5.7m $5.7m 0.24% Added +62.5k +62,543
79 PARSONS CAPITAL MANAGEMENT INC/RI 0.25% of their portfolio PROVIDENCE, RI 292,323292.3k $5.5m $5.5m 0.25% Reduced -25.8k -25,795
80 WADDELL & ASSOCIATES, LLC 0.27% of their portfolio MEMPHIS, TN 288,061288.1k $5.4m $5.4m 0.27% Reduced -1.8k -1,771
81 Euro Pacific Asset Management, LLC 0.55% of their portfolio DORADO, PR 284,621284.6k $4.8m $4.8m 0.55% Reduced -963 -963
82 HOHIMER WEALTH MANAGEMENT, LLC 0.50% of their portfolio SEATTLE, WA 258,804258.8k $4.9m $4.9m 0.50% Reduced -3.8k -3,750
83 New Harbor Financial Group, LLC 0.71% of their portfolio WORCESTER, MA 236,272236.3k $4.5m $4.5m 0.71% Added +10.9k +10,919
84 J.W. COLE ADVISORS, INC. 0.08% of their portfolio TAMPA, FL 233,631233.6k $4.4m $4.4m 0.08% Reduced -32.2k -32,169
85 GREAT VALLEY ADVISOR GROUP, INC. 0.07% of their portfolio WILMINGTON, DE 224,359224.4k $4.2m $4.2m 0.07% Reduced -4.1k -4,065
86 Fielder Capital Group LLC 0.91% of their portfolio NASHVILLE, TN 222,956223.0k $4.2m $4.2m 0.91% Reduced -3.3k -3,306
87 Regency Capital Management Inc.\DE 1.67% of their portfolio HONOLULU, HI 222,527222.5k $4.2m $4.2m 1.67% Reduced -2.3k -2,253
88 Knoll Capital Management, LLC 2.34% of their portfolio MIAMI, FL 222,160222.2k $4.2m $4.2m 2.34% Unchanged
89 FLOW TRADERS U.S. LLC 0.17% of their portfolio NEW YORK, NY 221,858221.9k $4.2m $4.2m 0.17% Added +72.7k +72,683
90 Anson Funds Management LP 0.37% of their portfolio DALLAS, TX 215,327215.3k $4.1m $4.1m 0.37% Reduced -598.5k -598,473
91 NewEdge Wealth, LLC 0.04% of their portfolio STAMFORD, CT 211,665211.7k $4.0m $4.0m 0.04% Unchanged
92 Wealthcare Advisory Partners LLC 0.07% of their portfolio WEST CHESTER, PA 205,537205.5k $3.9m $3.9m 0.07% Reduced -281 -281
93 UBS Group AG 0.00% of their portfolio ZURICH, V8 202,421202.4k $3.8m $3.8m 0.00% Reduced -218.7k -218,708
94 SeaCrest Wealth Management, LLC 0.42% of their portfolio PURCHASE, NY 201,835201.8k $3.8m $3.8m 0.42% Reduced -15.7k -15,728
95 Belpointe Asset Management LLC 0.12% of their portfolio RENO, NV 196,824196.8k $3.7m $3.7m 0.12% Reduced -56 -56
96 HARBOUR INVESTMENTS, INC. 0.05% of their portfolio MADISON, WI 195,246195.2k $3.7m $3.7m 0.05% Added +521 +521
97 Rossby Financial, LCC 0.67% of their portfolio MELBOURNE, FL 194,160194.2k $3.7m $3.7m 0.67% Reduced -1.8k -1,800
98 Manatuck Hill Partners, LLC 1.20% of their portfolio WESTPORT, CT 192,200192.2k $3.6m $3.6m 1.20% Unchanged
99 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 189,429189.4k $3.6m $3.6m 0.02% Added +15.3k +15,319
100 Financial Sense Advisors, Inc. 0.68% of their portfolio SAN DIEGO, CA 183,168183.2k $3.5m $3.5m 0.68% Reduced -311.3k -311,325