ABRDN SILVER ETF TRUST

Ticker: SIVR CUSIP: 003264108 Class: PHYSCL SILVR SHS

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
JPMORGAN CHASE & CO3,053,342$206,528
JANE STREET GROUP, LLC2,675,974$181,003
BANK OF AMERICA CORP /DE/1,762,453$119,212
LPL Financial LLC1,209,495$81,810
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.1,060,062$73,083
WELLS FARGO & COMPANY/MN953,967$64,526
UBS Group AG738,110$49,926
Tradewinds Capital Management, LLC696,246$47,094
SUSQUEHANNA INTERNATIONAL GROUP, LLP621,645$42,048
AMG National Trust Bank613,613$41,505
MORGAN STANLEY536,624$36,297
GUARDIAN POINT CAPITAL, LP475,000$32,129
Gradient Investments LLC462,030$31,252
Southeast Asset Advisors Inc.442,290$29,916
HighTower Advisors, LLC418,252$28,291
Cetera Investment Advisers382,936$25,902
ENVESTNET ASSET MANAGEMENT INC315,845$21,364
Capital Management Associates, Inc305,697$20,677
Mission Creek Capital Partners, Inc.304,416$20,591
AMERIPRISE FINANCIAL INC267,341$18,089
OSAIC HOLDINGS, INC.251,229$16,993
Advocacy Wealth Management Services, LLC242,213$16,383
McIlrath & Eck, LLC242,170$16,380
COMMONWEALTH EQUITY SERVICES, LLC227,025$15,356
AE Wealth Management LLC221,479$14,981
ROYAL BANK OF CANADA213,259$14,425
Mount Yale Investment Advisors, LLC202,335$13,686
Vestmark Advisory Solutions, Inc.202,119$13,671
RAYMOND JAMES FINANCIAL INC164,832$11,149
180 WEALTH ADVISORS, LLC164,812$11,148
World Investment Advisors162,119$10,966
NewEdge Advisors, LLC150,288$10,165
Merit Financial Group, LLC149,453$10,109
MML INVESTORS SERVICES, LLC146,143$9,885
Cambridge Investment Research Advisors, Inc.142,003$10
Systelligence, LLC133,250$9,013
Avior Wealth Management, LLC119,411$8,077
ASSETMARK, INC102,825$6,955
Pettinga Financial Advisors, LLC99,895$6,757
Copley Financial Group, Inc.97,913$6,623
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO91,873$6,214
Encompass More Asset Management89,285$6,039
OneDigital Investment Advisors LLC88,575$5,991
JONES FINANCIAL COMPANIES LLLP88,543$5,989
NATIONS FINANCIAL GROUP INC, /IA/ /ADV85,119$5,757
Fielder Capital Group LLC80,862$5,470
SEEDS INVESTOR LLC77,994$5,276
Thrivent Financial for Lutherans77,768$6
INTREPID FAMILY OFFICE LLC77,000$5,208
Global Wealth Management, LLC76,291$5,160
Apeiron RIA LLC72,504$5,415
SMART Wealth LLC68,240$4,616
US BANCORP \DE\66,206$4,478
WT Wealth Management59,959$4,056
CWM, LLC59,525$4
Richard C. Young & CO., LTD.58,691$3,970
PRINCIPAL SECURITIES, INC.56,310$3,809
MYECFO, LLC56,107$3,784
Simplicity Wealth,LLC55,907$3,782
Marble Harbor Investment Counsel, LLC55,600$3,761
Janney Montgomery Scott LLC55,325$4
Mutual Advisors, LLC54,765$3,704
STABLEFORD CAPITAL II LLC54,453$3,683
Stratos Wealth Partners, LTD.53,612$3,626
Silver Coast Investments LLC53,159$3,596
Asset One Wealth Management LLC52,875$4,024
Focus Partners Wealth51,689$3,496
Private Advisor Group, LLC51,183$3,462
Rockefeller Capital Management L.P.49,483$3,347
Scarborough Advisors, LLC49,164$3,325
FOREFRONT WEALTH MANAGEMENT INC.48,510$3,281
Miller Global Investments, LLC47,248$3,196
Wealth Watch Advisors, INC45,834$3,100
SPROTT INC.45,258$3,061
MATAURO, LLC44,792$3,030
Mariner, LLC44,520$3,011
GTS SECURITIES LLC44,001$2,976
Sowell Financial Services LLC40,843$2,763
NEW YORK LIFE INVESTMENT MANAGEMENT LLC39,626$2,680
Cardinal Strategic Wealth Guidance37,123$2,511
Clearstead Advisors, LLC34,138$2,309
Alpine Bank Wealth Management34,000$2,300
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC32,278$2,498
RFG Advisory, LLC31,793$2,150
Farther Finance Advisors, LLC31,336$2,120
Leo Wealth, LLC30,750$2,080
IMC-Chicago, LLC30,424$2,058
Proficio Capital Partners LLC30,105$2,036
HARBOUR INVESTMENTS, INC.29,834$2,018
CreativeOne Wealth, LLC29,767$2,013
Baird Financial Group, Inc.29,696$2,009
Global View Capital Management LLC29,433$1,991
IFG Advisory, LLC29,406$1,989
Robinson Value Management, Ltd.29,371$1,987
Transamerica Financial Advisors, Inc.29,215$1,976
Legacy Wealth Asset Management, LLC28,958$1,959
Blue Capital, Inc.28,136$1,903
SHEETS SMITH WEALTH MANAGEMENT27,404$1,854
CITADEL ADVISORS LLC26,899$1,819
Prospera Financial Services Inc26,879$1,818
255 other institutions1,959,915$135,173
Total (355 institutions)25,695,670$1,720,697