VanEck Steel ETF
SLX
29 hedge funds and large institutions have $29.5M invested in VanEck Steel ETF in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 7 closing their positions.
6% less funds holding
Funds holding: 31 → 29 (-2)
8.88% less ownership
Funds ownership: 38.26% → 29.38% (-8.9%)
19% less capital invested
Capital invested by funds: $36.5M → $29.5M (-$6.99M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
40% less call options, than puts
Call options by funds: $455K | Put options by funds: $759K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Baird
Milwaukee,
Wisconsin
|
+$2.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.73M |
| 3 |
PRC
Platte River Capital
Denver,
Colorado
|
+$389K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$364K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.17M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.49M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$1.17M |
| 4 |
SG Americas Securities
New York
|
-$1.07M |
| 5 |
Jane Street
New York
|
-$843K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Canada Life
Winnipeg,
Manitoba, Canada
| $5K | – | – | – |
|
|
AIG
27
American International Group
New York
| $3.57K | -$20K | -411 | -84% |
|
28
Envestnet Asset Management
Chicago,
Illinois
| $3K | +$1.61K | +33 | +92% |
|
|
WEC
29
Winslow Evans & Crocker
Boston,
Massachusetts
| $2.23K | – | – | – |
|
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.49M | -30,600 | Closed |
|
|
31
SG Americas Securities
New York
| – | -$1.07M | -22,525 | Closed |
|
|
32
Jane Street
New York
| – | -$843K | -17,676 | Closed |
|
|
TH
33
Timber Hill
Greenwich,
Connecticut
| – | -$591K | -12,394 | Closed |
|
|
BIT
34
BlackRock Institutional Trust
San Francisco,
California
| – | -$252K | -5,281 | Closed |
|
35
Verition Fund Management
Greenwich,
Connecticut
| – | -$246K | -5,147 | Closed |
|
|
BRWA
36
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$23.9K | -500 | Closed |
|
SLX Hedge Fund Activity: Q3 2014 in Review
29 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2014, worth a combined $29.5M — down 19% from $36.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SLX and 5 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 8 added.
The largest buyer was Baird, opening a new position worth an estimated $2.4M. The largest seller was Credit Suisse, cutting an estimated $2.17M.
- 29 institutional investors held VanEck Steel ETF (SLX) as of Q3 2014, down from 31 in Q2 2014.
- Funds reported $29.5M of VanEck Steel ETF stock for Q3 2014, down 19% quarter-over-quarter.
- 5 funds opened new VanEck Steel ETF positions in Q3 2014 and 7 closed out, a net change of -2 holders.
- The largest VanEck Steel ETF buyer in Q3 2014 was Baird, an estimated $2.4M added.
- The largest VanEck Steel ETF seller in Q3 2014 was Credit Suisse, an estimated $2.17M sold.
Based on aggregated 13F filings for Q3 2014.