Sprott Physical Silver Trust
PSLV- Exchange
- NYSE
- Industry
- Commodity Contracts Brokers & Dealers
- SEC CIK
- 0001494728
No open-market purchases or sales by Sprott Physical Silver Trust insiders were filed in the last 90 days; 479 institutions reported holding it in 13F filings for Q2 2026, worth $3.12B in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Sprott Physical Silver Trust as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 486
- +70 vs. Q3 2025
- Shares held
- 143.6M
- +2.58M (+1.8%) vs. Q3 2025
- Total value
- $3.41B
- +$1.20B (+54.3%) vs. Q3 2025
- New holders
- 100
- 145 more added
- Sold out
- 30
- 137 more reduced
7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting PSLV on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 479 | $3.12B |
| Q1 2026 | 508 | $3.82B |
| Q4 2025 | 486 | $3.41B |
| Q3 2025 | 423 | $2.22B |
| Q2 2025 | 404 | $1.62B |
| Q1 2025 | 388 | $1.50B |
| Q4 2024 | 374 | $1.23B |
| Q3 2024 | 343 | $1.22B |
| Q2 2024 | 332 | $1.10B |
| Q1 2024 | 324 | $927.9M |
| Q4 2023 | 317 | $893.0M |
| Q3 2023 | 313 | $780.6M |
| Q2 2023 | 311 | $793.5M |
| Q1 2023 | 301 | $823.9M |
| Q4 2022 | 309 | $751.3M |
| Q3 2022 | 284 | $513.9M |
| Q2 2022 | 283 | $516.0M |
| Q1 2022 | 273 | $647.2M |
| Q4 2021 | 268 | $581.6M |
| Q3 2021 | 247 | $525.1M |
| Q2 2021 | 239 | $616.6M |
| Q1 2021 | 225 | $518.9M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Sprott Physical Silver Trust; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 18,517,077 | $437.9M | 0.01% | −4,320,467−18.9% | Reduced |
| Federation des caisses Desjardins du Quebec | 17,091,404 | $403.7M | 1.54% | +681,981+4.2% | Added |
| Jupiter Asset Management Ltd | 9,391,147 | $220.5M | 1.77% | −423,011−4.3% | Reduced |
| Alps Advisors Inc | 5,387,630 | $127.4M | 0.74% | +2,334,928+76.5% | Added |
| Morgan Stanley | 4,760,761 | $112.6M | 0.01% | +353,293+8.0% | Added |
| Royal Bank of Canada | 3,674,368 | $86.9M | 0.02% | +162,085+4.6% | Added |
| LPL Financial LLC | 3,525,195 | $83.4M | 0.02% | +504,474+16.7% | Added |
| Polar Asset Management Partners Inc. | 3,437,232 | $81.3M | 1.61% | 00.0% | Unchanged |
| Capital Wealth Alliance, LLC | 2,223,582 | $61.0M | 26.08% | −238,916−9.7% | Reduced |
| Sprott Inc. | 2,188,883 | $51.8M | 1.86% | +232,021+11.9% | Added |
| Wells Fargo & Company | 2,060,486 | $48.9M | 0.01% | −108,479−5.0% | Reduced |
| Raymond James Financial Inc | 1,670,450 | $39.5M | 0.01% | +335,677+25.1% | Added |
| Cetera Investment Advisers | 1,653,775 | $39.1M | 0.04% | +109,972+7.1% | Added |
| Fidelis Capital Partners, LLC | 1,649,160 | $39.0M | 2.83% | +31,000+1.9% | Added |
| Kestra Advisory Services, LLC | 1,583,229 | $37.4M | 0.15% | +493,967+45.3% | Added |
| Prospera Financial Services Inc | 1,525,021 | $36.1M | 0.59% | +233,495+18.1% | Added |
| Advisor Group Holdings, Inc. | 1,522,562 | $36.0M | 0.05% | −15,993−1.0% | Reduced |
| Basepoint Wealth LLC | 1,500,344 | $35.5M | 21.56% | −120,078−7.4% | Reduced |
| Hollencrest Capital Management | 1,393,050 | $32.9M | 1.14% | −2,797−0.2% | Reduced |
| Beacon Pointe Advisors, LLC | 1,276,259 | $30.2M | 0.21% | +7,022+0.6% | Added |
| Cedrus Wealth Group LLC | 1,197,676 | $28.3M | 26.12% | +1,197,676 | New |
| Wealthcare Capital Management LLC | 1,193,913 | $28.2M | 2.80% | −205,155−14.7% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 1,145,283 | $27.1M | 0.07% | +327,169+40.0% | Added |
| Envestnet Asset Management Inc | 1,105,879 | $26.2M | 0.01% | +88,861+8.7% | Added |
| Cyndeo Wealth Partners, LLC | 1,056,727 | $25.0M | 1.35% | +19,200+1.9% | Added |
| Wealth Enhancement Advisory Services, LLC | 838,636 | $22.5M | 0.03% | +65,770+8.5% | Added |
| CIBC World Markets Inc. | 935,256 | $22.1M | 0.04% | +85,908+10.1% | Added |
| Pekin Hardy Strauss, Inc. | 922,665 | $21.8M | 2.02% | −27,051−2.8% | Reduced |
| Equinox Partners Investment Management LLC | 912,100 | $21.6M | 11.27% | −560,900−38.1% | Reduced |
| Pensionmark Financial Group, LLC | 889,940 | $21.0M | 0.35% | +118,445+15.4% | Added |
| Summit Financial, LLC | 855,109 | $20.2M | 0.30% | +61,995+7.8% | Added |
| Marex Group plc | 851,673 | $20.1M | 0.22% | +79,660+10.3% | Added |
| WIT Partners Advisory Pte. Ltd. | 847,792 | $19.0M | 6.59% | +323,722+61.8% | Added |
| Tiaa Trust, National Association | 796,744 | $18.8M | 0.05% | 00.0% | Unchanged |
| Hatch Cove Capital, LLC | 790,900 | $18.7M | 7.30% | +790,900 | New |
| Grand Central Investment Group | 788,669 | $18.7M | 13.54% | +788,669 | New |
| Stifel Financial Corp | 752,649 | $17.8M | 0.02% | −208,161−21.7% | Reduced |
| HighTower Advisors, LLC | 726,964 | $17.2M | 0.02% | +52,131+7.7% | Added |
| Geneos Wealth Management Inc. | 720,082 | $17.0M | 0.42% | −149,846−17.2% | Reduced |
| K.J. Harrison & Partners Inc | 713,622 | $16.9M | 2.25% | +279,665+64.4% | Added |
| Asset One Wealth Management LLC | 650,859 | $16.8M | 2.30% | +650,859 | New |
| Cohen & Steers, Inc. | 652,145 | $15.4M | 0.03% | +55,000+9.2% | Added |
| Kingsview Wealth Management, LLC | 642,577 | $15.2M | 0.22% | +37,257+6.2% | Added |
| Blueprint Investment Partners LLC | 640,498 | $15.1M | 1.62% | +132,956+26.2% | Added |
| Blueprint Financial Advisors LLC | 640,276 | $15.1M | 2.31% | +132,734+26.2% | Added |
| Brookstone Capital Management | 616,156 | $14.6M | 0.17% | +124,606+25.3% | Added |
| Money Concepts Capital Corp | 615,009 | $14.5M | 0.82% | −2,400−0.4% | Reduced |
| Scotia Capital Inc. | 577,865 | $13.7M | 0.06% | +504,747+690.3% | Added |
| Evergreen Capital Management LLC | 576,898 | $13.6M | 0.31% | −159,721−21.7% | Reduced |
| Kera Capital Partners, Inc. | 509,964 | $13.5M | 1.66% | +80,707+18.8% | Added |
| PenderFund Capital Management Ltd. | 565,000 | $13.4M | 2.11% | −100,000−15.0% | Reduced |
| Commonwealth Equity Services, LLC | 545,258 | $12.9M | 0.02% | +31,735+6.2% | Added |
| Bank of Montreal | 544,237 | $12.9M | 0.01% | −297,510−35.3% | Reduced |
| Leavell Investment Management, Inc. | 524,804 | $12.4M | 0.52% | +302,338+135.9% | Added |
| Accordant Advisory Group Inc | 520,930 | $12.3M | 8.50% | −22,541−4.1% | Reduced |
| Central Trust Co | 518,481 | $12.3M | 0.24% | −79,780−13.3% | Reduced |
| Advisory Services Network, LLC | 481,659 | $11.4M | 0.16% | −37,413−7.2% | Reduced |
| Hurley Capital, LLC | 467,137 | $11.0M | 6.19% | +5,106+1.1% | Added |
| Bank of America Corp | 464,536 | $11.0M | 0.00% | −12,335−2.6% | Reduced |
| Pacific Sage Partners, LLC | 461,148 | $10.9M | 1.73% | −2,110−0.5% | Reduced |
| International Assets Investment Management, LLC | 441,767 | $10.4M | 0.72% | +207,976+89.0% | Added |
| Fielder Capital Group LLC | 439,379 | $10.4M | 2.21% | −70,211−13.8% | Reduced |
| Abacus Planning Group, Inc. | 435,540 | $10.3M | 1.37% | 00.0% | Unchanged |
| Nokomis Capital, L.L.C. | 419,082 | $9.91M | 2.76% | −112,039−21.1% | Reduced |
| Pictet Asset Management Holding SA | 407,778 | $9.64M | 0.01% | +122,334+42.9% | Added |
| Spears Abacus Advisors LLC | 405,400 | $9.59M | 0.18% | +12,000+3.1% | Added |
| Pasadena Private Wealth, LLC | 402,928 | $9.53M | 1.30% | −142,039−26.1% | Reduced |
| Entruity Wealth, LLC | 402,708 | $9.52M | 6.79% | −59,644−12.9% | Reduced |
| Forest Hill Capital, LLC | 388,000 | $9.18M | 4.69% | +388,000 | New |
| Apella Capital, LLC | 377,553 | $8.93M | 0.18% | −4,318−1.1% | Reduced |
| Goldman Sachs Group Inc | 371,531 | $8.79M | 0.00% | −196,516−34.6% | Reduced |
| Private Advisor Group, LLC | 367,193 | $8.68M | 0.04% | +29,380+8.7% | Added |
| Pine Valley Investments Ltd Liability Co | 365,063 | $8.63M | 0.43% | −10,446−2.8% | Reduced |
| Manatuck Hill Partners, LLC | 360,200 | $8.52M | 2.98% | −14,800−3.9% | Reduced |
| Wealthcare Advisory Partners LLC | 352,808 | $8.34M | 0.16% | +49,793+16.4% | Added |
| Kovack Advisors, Inc. | 346,609 | $8.20M | 0.39% | +4,084+1.2% | Added |
| Waddell & Associates, LLC | 335,445 | $7.93M | 0.54% | −18,940−5.3% | Reduced |
| Belpointe Asset Management LLC | 321,774 | $7.61M | 0.27% | −81,803−20.3% | Reduced |
| Parsons Capital Management Inc | 320,618 | $7.58M | 0.42% | +810+0.3% | Added |
| Rathbone Brothers plc | 319,433 | $7.55M | 0.03% | −64,014−16.7% | Reduced |
| Jane Street Group, LLC | 313,051 | $7.40M | 0.01% | −1,310,525−80.7% | Reduced |
| TD Waterhouse Canada Inc. | 311,286 | $7.35M | 0.05% | +113,087+57.1% | Added |
| National Bank of Canada | 307,084 | $7.17M | 0.01% | +63,626+26.1% | Added |
| SeaCrest Wealth Management, LLC | 267,691 | $6.97M | 0.70% | −9,240−3.3% | Reduced |
| Bleakley Financial Group, LLC | 292,457 | $6.92M | 0.12% | −5,077−1.7% | Reduced |
| Euro Pacific Asset Management, LLC | 307,137 | $6.80M | 0.75% | +19,478+6.8% | Added |
| Proactive Wealth Strategies LLC | 285,771 | $6.76M | 2.68% | +26,711+10.3% | Added |
| Insigneo Advisory Services, LLC | 274,117 | $6.48M | 0.47% | +106,293+63.3% | Added |
| Abbington Investment Group | 271,872 | $6.43M | 4.39% | +5,236+2.0% | Added |
| J.W. Cole Advisors, Inc. | 276,698 | $6.26M | 0.15% | +139,747+102.0% | Added |
| New Harbor Financial Group, LLC | 261,823 | $6.19M | 1.13% | +61,801+30.9% | Added |
| Menlo Advisors LLC | 251,960 | $5.96M | 2.68% | 00.0% | Unchanged |
| Botty Investors LLC | 245,864 | $5.81M | 1.38% | 00.0% | Unchanged |
| Great Valley Advisor Group, Inc. | 243,784 | $5.77M | 0.11% | −1180.0% | Reduced |
| IMC-Chicago, LLC | 241,742 | $5.72M | 0.10% | +241,742 | New |
| Regency Capital Management Inc. | 228,974 | $5.42M | 2.25% | −4,751−2.0% | Reduced |
| Hohimer Wealth Management, LLC | 228,849 | $5.41M | 0.73% | −1,600−0.7% | Reduced |
| Alpha Advisors, LLC | 225,670 | $5.34M | 4.12% | +12,970+6.1% | Added |
| SMART Wealth LLC | 223,782 | $5.29M | 1.61% | −26,203−10.5% | Reduced |
| NewEdge Wealth, LLC | 222,831 | $5.27M | 0.06% | +11,166+5.3% | Added |