VanEck Steel ETF
SLX
26 hedge funds and large institutions have $7.63M invested in VanEck Steel ETF in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 5 closing their positions.
3.55% less ownership
Funds ownership: 20.09% → 16.54% (-3.5%)
4% less funds holding
Funds holding: 27 → 26 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
48% less capital invested
Capital invested by funds: $14.7M → $7.63M (-$7.03M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $568K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$850K |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$348K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$65.3K |
| 4 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
+$50.6K |
| 5 |
Morgan Stanley
New York
|
+$34K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.51M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$736K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$734K |
| 4 |
Jane Street
New York
|
-$535K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$327K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Gupta Wealth Management
San Diego,
California
| – | -$143K | -4,700 | Closed |
|
27
Simplex Trading
Chicago,
Illinois
| – | -$80K | -2,652 | Closed |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$55K | -1,795 | Closed |
|
|
RIA
29
Regal Investment Advisors
Kentwood,
Michigan
| – | -$3.89K | -150 | -86% |
|
30
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$3K | -104 | Closed |
|
SLX Hedge Fund Activity: Q3 2015 in Review
26 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2015, worth a combined $7.63M — down 48% from $14.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SLX and 4 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 6 added.
The largest buyer was Freedom Investment Management, adding an estimated $850K. The largest seller was Virtu Financial, exiting entirely with an estimated $1.51M sold.
- 26 institutional investors held VanEck Steel ETF (SLX) as of Q3 2015, down from 27 in Q2 2015.
- Funds reported $7.63M of VanEck Steel ETF stock for Q3 2015, down 48% quarter-over-quarter.
- 4 funds opened new VanEck Steel ETF positions in Q3 2015 and 5 closed out, a net change of -1 holder.
- The largest VanEck Steel ETF buyer in Q3 2015 was Freedom Investment Management, an estimated $850K added.
- The largest VanEck Steel ETF seller in Q3 2015 was Virtu Financial, an estimated $1.51M sold.
Based on aggregated 13F filings for Q3 2015.