VanEck Steel ETF
SLX
29 hedge funds and large institutions have $34.9M invested in VanEck Steel ETF in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 6 closing their positions.
14% more capital invested
Capital invested by funds: $30.5M → $34.9M (+$4.35M)
0.06% more ownership
Funds ownership: 28.71% → 28.76% (+0.06%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
3% less funds holding
Funds holding: 30 → 29 (-1)
35% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $1.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$5.34M |
| 2 |
Morgan Stanley
New York
|
+$1.68M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.64M |
| 4 |
Goldman Sachs
New York
|
+$1.55M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$4.23M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.68M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.2M |
| 4 |
Barclays
London,
United Kingdom
|
-$844K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$679K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAS
26
Partnervest Advisory Services
Santa Barbara,
California
| $8K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $7K | +$6.37K | +150 | New |
|
28
Canada Life
Winnipeg,
Manitoba, Canada
| $4K | +$4.42K | +104 | New |
|
29
Envestnet Asset Management
Chicago,
Illinois
| $2K | -$23.4K | -552 | -94% |
|
|
TH
30
Timber Hill
Greenwich,
Connecticut
| – | -$679K | -17,872 | Closed |
|
|
DS
31
DRW Securities
Chicago,
Illinois
| – | -$677K | -17,811 | Closed |
|
32
Jane Street
New York
| – | -$401K | -10,564 | Closed |
|
33
Verition Fund Management
Greenwich,
Connecticut
| – | -$271K | -7,126 | Closed |
|
34
Creative Planning
Overland Park,
Kansas
| – | -$4K | -116 | Closed |
|
|
PSUF
35
People's United Financial
Bridgeport,
Connecticut
| – | -$4K | -100 | Closed |
|
SLX Hedge Fund Activity: Q3 2013 in Review
29 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2013, worth a combined $34.9M — up 14% from $30.5M a quarter earlier.
Fund positioning in SLX was balanced in Q3 2013: 6 funds opened new positions, 6 closed out, 11 added to existing stakes and 11 trimmed.
The largest buyer was Lazard Asset Management, opening a new position worth an estimated $5.34M. The largest seller was Citigroup, cutting an estimated $4.23M.
- 29 institutional investors held VanEck Steel ETF (SLX) as of Q3 2013, down from 30 in Q2 2013.
- Funds reported $34.9M of VanEck Steel ETF stock for Q3 2013, up 14% quarter-over-quarter.
- 6 funds opened new VanEck Steel ETF positions in Q3 2013 and 6 closed out, a net change of 0 holders.
- The largest VanEck Steel ETF buyer in Q3 2013 was Lazard Asset Management, an estimated $5.34M added.
- The largest VanEck Steel ETF seller in Q3 2013 was Citigroup, an estimated $4.23M sold.
Based on aggregated 13F filings for Q3 2013.