Murray Stahl's SLV Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 29,395 shares of iShares Silver Trust (SLV) worth $1.89 M, representing 0.03% of the portfolio. First purchased in 2019-Q1, this long-term strategic position has been held for 28 quarters.
Based on 13F filings, Murray Stahl has maintained a strategic position in SLV, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2020, adding 154,382 shares. Largest reduction occurred in Q1 2021, reducing 125,302 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's iShares Silver Trust (SLV) Holding Value Over Time
Track share changes against reported price movement
Quarterly iShares Silver Trust (SLV) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -1,191 | Reduce 3.89% | 29,395 | $64.42 |
| Q3 2025 | -104 | Reduce 0.34% | 30,586 | $42.37 |
| Q3 2024 | -298 | Reduce 0.96% | 30,690 | $28.41 |
| Q2 2024 | -584 | Reduce 1.85% | 30,988 | $26.57 |
| Q1 2024 | -1,091 | Reduce 3.34% | 31,572 | $22.75 |
| Q3 2023 | -1,338 | Reduce 3.94% | 32,663 | $20.34 |
| Q2 2023 | +2,268 | Add 7.15% | 34,001 | $20.89 |
| Q1 2023 | -100 | Reduce 0.31% | 31,733 | $22.12 |
| Q1 2022 | -265 | Reduce 0.83% | 31,833 | $22.87 |
| Q4 2021 | -380 | Reduce 1.17% | 32,098 | $21.50 |
| Q3 2021 | -4,357 | Reduce 11.83% | 32,478 | $20.51 |
| Q2 2021 | -135 | Reduce 0.37% | 36,835 | $24.22 |
| Q1 2021 | -125,302 | Reduce 77.22% | 36,970 | $22.69 |
| Q4 2020 | -76,807 | Reduce 32.13% | 162,272 | $24.57 |
| Q3 2020 | +154,382 | Add 182.28% | 239,079 | $21.64 |
| Q2 2020 | +17,721 | Add 26.46% | 84,697 | $17.01 |
| Q1 2020 | +28,605 | Add 74.55% | 66,976 | $13.05 |
| Q4 2019 | +13,003 | Add 51.26% | 38,371 | $16.68 |
| Q3 2019 | +15,343 | Add 153.05% | 25,368 | $15.93 |
| Q1 2019 | +10,025 | New Buy | 10,025 | $14.16 |
Murray Stahl's iShares Silver Trust Investment FAQs
Murray Stahl first purchased iShares Silver Trust (SLV) in Q1 2019, acquiring 10,025 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held iShares Silver Trust (SLV) for 28 quarters since Q1 2019.
Murray Stahl's largest addition to iShares Silver Trust (SLV) was in Q3 2020, adding 239,079 shares worth $5.17 M.
According to the latest 13F filing for Q4 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 29,395 shares of iShares Silver Trust (SLV), valued at approximately $1.89 M.
As of the Q4 2025 filing, iShares Silver Trust (SLV) represents approximately 0.03% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in iShares Silver Trust (SLV) was 239,079 shares, as reported at the end of Q3 2020.