Business Insider – Silver was above $50 just a couple of days ago. Not anymore. iShares Silver Trust (SLV) lost nearly $8 per share during the last couple of days. Business Insider listed Charles Davidson’s Wexford Capital as one of the biggest holders of SLV at the end of December. Wexford had 841 thousand shares of SLV. They also had call options on 200 thousand shares. Business Insider – The value of their holdings is worth more than $40 Million today. There are other hedge funds with bigger SLV holdings though.
Peter J. Eichler’s Alethia Research had more than 4.8 Million shares of SLV. Alethia lost more than $38 Million in just two days. But don’t feel sorry for them, they made more than $40 Million since the end of 2010.
