VanEck Steel ETF
SLX
35 hedge funds and large institutions have $31.1M invested in VanEck Steel ETF in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 2 closing their positions.
700% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 2
297% more capital invested
Capital invested by funds: $7.84M → $31.1M (+$23.2M)
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
67% more funds holding
Funds holding: 21 → 35 (+14)
16.81% more ownership
Funds ownership: 12.81% → 29.62% (+17%)
99% less call options, than puts
Call options by funds: $11K | Put options by funds: $1.66M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$7.76M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.34M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.87M |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$1.61M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
-$800K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$689K |
| 3 |
LPL Financial
San Diego,
California
|
-$193K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$77K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$35.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
Winfield Associates
Cleveland,
Ohio
| $6K | – | – | – |
|
|
TWA
27
TCI Wealth Advisors
Tucson,
Arizona
| $5K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $4K | +$4.33K | +162 | New |
|
29
Creative Planning
Overland Park,
Kansas
| $3K | – | – | – |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $3K | +$3.42K | +128 | New |
|
31
Barclays
London,
United Kingdom
| $2K | +$27 | +1 | +1% |
|
|
WP
32
WealthPLAN Partners
Omaha,
Nebraska
| $1.05K | +$2.03K | +76 | New |
|
33
Citigroup
New York
| $1K | -$2.3K | -86 | -63% |
|
|
AIM
34
Advantage Investment Management
Cedar Rapids,
Iowa
| $1K | +$774 | +29 | New |
|
|
JG
35
Jefferies Group
New York
| – | -$800K | -32,000 | Closed |
|
|
AIG
36
American International Group
New York
| – | -$2K | -80 | Closed |
|
SLX Hedge Fund Activity: Q2 2016 in Review
35 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q2 2016, worth a combined $31.1M — up 297% from $7.84M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SLX positions and 2 closed out — a net gain of 14 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $7.76M. The largest seller was Jefferies Group, exiting entirely with an estimated $800K sold.
- 35 institutional investors held VanEck Steel ETF (SLX) as of Q2 2016, up from 21 in Q1 2016.
- Funds reported $31.1M of VanEck Steel ETF stock for Q2 2016, up 297% quarter-over-quarter.
- 16 funds opened new VanEck Steel ETF positions in Q2 2016 and 2 closed out, a net change of +14 holders.
- The largest VanEck Steel ETF buyer in Q2 2016 was Goldman Sachs, an estimated $7.76M added.
- The largest VanEck Steel ETF seller in Q2 2016 was Jefferies Group, an estimated $800K sold.
Based on aggregated 13F filings for Q2 2016.