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VanEck Steel ETF
SLX

36 hedge funds and large institutions have $59.7M invested in VanEck Steel ETF in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 5

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

71% more capital invested

Capital invested by funds: $34.9M → $59.7M (+$24.8M)

63% more call options, than puts

Call options by funds: $890K | Put options by funds: $547K

24% more funds holding

Funds holding: 29 → 36 (+7)

10.06% more ownership

Funds ownership: 28.76% → 38.82% (+10%)

Holders
36
Holders Change
+7
Holders Change %
+24.14%
% of All Funds
1.04%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
13
Increased
15
Reduced
5
Closed
6
Calls
$890K
Puts
$547K
Net Calls
+$343K
Net Calls Change
+$895K

Top Buyers

Rank Fund Capital Flow
1
PAG
Pinnacle Advisory Group
Maryland
+$6.35M
2
Citigroup
Citigroup
New York
+$4.8M
3
U
UBS
Switzerland
+$3.82M
4
Wells Fargo
Wells Fargo
California
+$2.23M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$1.77M

Top Sellers

Rank Fund Capital Flow
1
Lazard Asset Management
Lazard Asset Management
New York
-$5.64M
2
AIG
American International Group
New York
-$457K
3
LPL Financial
LPL Financial
California
-$380K
4
VKH
Virtu KCG Holdings
New York
-$370K
5
Morgan Stanley
Morgan Stanley
New York
-$322K
Name Holding Trade Value Shares
Change 		Change in
Stake
AA
26
Apriem Advisors
California
$40K +$19.2K +400 +100%
DBT
27
Dubuque Bank & Trust
Iowa
$31K +$30K +625 New
AIG
28
American International Group
New York
$26.6K -$457K -9,541 -95%
MFS
29
MSI Financial Services
Massachusetts
$20K – – –
WA
30
Winfield Associates
Ohio
$10K +$9.59K +200 New
ASN
31
Advisory Services Network
Georgia
$9K +$8.54K +178 New
Canada Life
32
Canada Life
Manitoba, Canada
$5K – – –
Deutsche Bank
33
Deutsche Bank
Germany
$4K -$101K -2,100 -95%
PNC Financial Services Group
34
PNC Financial Services Group
Pennsylvania
$3K +$2.49K +52 New
Envestnet Asset Management
35
Envestnet Asset Management
Illinois
$2K +$48 +1 +3%
WEC
36
Winslow Evans & Crocker
Massachusetts
$2K +$2.4K +50 New
Lazard Asset Management
37
Lazard Asset Management
New York
– -$5.64M -125,679 Closed
VKH
38
Virtu KCG Holdings
New York
– -$370K -8,250 Closed
Nomura Holdings
39
Nomura Holdings
Japan
– -$223K -4,958 Closed
BIT
40
BlackRock Institutional Trust
California
– -$47K -1,049 Closed
PAS
41
Partnervest Advisory Services
California
– -$8K -178 Closed
TRCT
42
Tower Research Capital (TRC)
New York
– -$7K -150 Closed
1
2

SLX Hedge Fund Activity: Q4 2013 in Review

36 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q4 2013, worth a combined $59.7M — up 71% from $34.9M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new SLX positions and 6 closed out — a net gain of 7 holders — while 15 added to existing stakes and 5 trimmed.

The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $6.35M. The largest seller was Lazard Asset Management, exiting entirely with an estimated $5.64M sold.

  • 36 institutional investors held VanEck Steel ETF (SLX) as of Q4 2013, up from 29 in Q3 2013.
  • Funds reported $59.7M of VanEck Steel ETF stock for Q4 2013, up 71% quarter-over-quarter.
  • 13 funds opened new VanEck Steel ETF positions in Q4 2013 and 6 closed out, a net change of +7 holders.
  • The largest VanEck Steel ETF buyer in Q4 2013 was Pinnacle Advisory Group, an estimated $6.35M added.
  • The largest VanEck Steel ETF seller in Q4 2013 was Lazard Asset Management, an estimated $5.64M sold.

Based on aggregated 13F filings for Q4 2013.