VanEck Steel ETF
SLX
27 hedge funds and large institutions have $14.7M invested in VanEck Steel ETF in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
77% more capital invested
Capital invested by funds: $8.28M → $14.7M (+$6.38M)
13% more funds holding
Funds holding: 24 → 27 (+3)
6.47% more ownership
Funds ownership: 13.62% → 20.09% (+6.5%)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
78% less call options, than puts
Call options by funds: $252K | Put options by funds: $1.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
+$2.01M |
| 2 |
VF
Virtu Financial
New York
|
+$1.66M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.43M |
| 4 |
Jane Street
New York
|
+$1.19M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$966K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$218K |
| 2 |
Goldman Sachs
New York
|
-$93K |
| 3 |
Morgan Stanley
New York
|
-$47.4K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$42.2K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$34K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Canada Life
Winnipeg,
Manitoba, Canada
| $3K | – | – | – |
|
|
27
Creative Planning
Overland Park,
Kansas
| – | -$34K | -1,100 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$12K | -400 | Closed |
|
|
WEC
29
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$1.56K | -50 | Closed |
|
SLX Hedge Fund Activity: Q2 2015 in Review
27 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q2 2015, worth a combined $14.7M — up 77% from $8.28M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SLX positions and 3 closed out — a net gain of 3 holders — while 5 added to existing stakes and 11 trimmed.
The largest buyer was Rothschild Investment LLC, opening a new position worth an estimated $2.01M. The largest seller was Bank of America, cutting an estimated $218K.
- 27 institutional investors held VanEck Steel ETF (SLX) as of Q2 2015, up from 24 in Q1 2015.
- Funds reported $14.7M of VanEck Steel ETF stock for Q2 2015, up 77% quarter-over-quarter.
- 6 funds opened new VanEck Steel ETF positions in Q2 2015 and 3 closed out, a net change of +3 holders.
- The largest VanEck Steel ETF buyer in Q2 2015 was Rothschild Investment LLC, an estimated $2.01M added.
- The largest VanEck Steel ETF seller in Q2 2015 was Bank of America, an estimated $218K sold.
Based on aggregated 13F filings for Q2 2015.