VanEck Steel ETF
SLX
31 hedge funds and large institutions have $59.1M invested in VanEck Steel ETF in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 9 closing their positions.
90% more capital invested
Capital invested by funds: $31.1M → $59.1M (+$28.1M)
27.25% more ownership
Funds ownership: 29.62% → 56.87% (+27%)
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
11% less funds holding
Funds holding: 35 → 31 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
96% less call options, than puts
Call options by funds: $732K | Put options by funds: $20.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$24.3M |
| 2 |
Jane Street
New York
|
+$1.69M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.13M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$735K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$1.48M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.41M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.25M |
| 4 |
VF
Virtu Financial
New York
|
-$529K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$488K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWA
26
TCI Wealth Advisors
Tucson,
Arizona
| $5K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $2K | -$1.46K | -48 | -38% |
|
28
Barclays
London,
United Kingdom
| $2K | – | – | – |
|
|
WP
29
WealthPLAN Partners
Omaha,
Nebraska
| $1.16K | -$1.16K | -38 | -50% |
|
|
AIM
30
Advantage Investment Management
Cedar Rapids,
Iowa
| $1K | – | – | – |
|
|
31
Stifel Financial
St. Louis,
Missouri
| – | -$1.25M | -45,366 | Closed |
|
|
VF
32
Virtu Financial
New York
| – | -$529K | -19,156 | Closed |
|
|
33
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$488K | -17,680 | Closed |
|
|
RJFSA
34
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$314K | -11,357 | Closed |
|
35
Envestnet Asset Management
Chicago,
Illinois
| – | -$169K | -6,114 | Closed |
|
|
PFG
36
Piershale Financial Group
Barrington,
Illinois
| – | -$16K | -574 | Closed |
|
|
CG
37
Cutler Group
San Francisco,
California
| – | -$12.2K | -400 | Closed |
|
38
US Bancorp
Minneapolis,
Minnesota
| – | -$4K | -162 | Closed |
|
39
Citigroup
New York
| – | -$1K | -50 | Closed |
|
SLX Hedge Fund Activity: Q3 2016 in Review
31 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2016, worth a combined $59.1M — up 90% from $31.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SLX and 5 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Arlington Capital Management, opening a new position worth an estimated $24.3M. The largest seller was Clark Capital Management Group, cutting an estimated $1.48M.
- 31 institutional investors held VanEck Steel ETF (SLX) as of Q3 2016, down from 35 in Q2 2016.
- Funds reported $59.1M of VanEck Steel ETF stock for Q3 2016, up 90% quarter-over-quarter.
- 5 funds opened new VanEck Steel ETF positions in Q3 2016 and 9 closed out, a net change of -4 holders.
- The largest VanEck Steel ETF buyer in Q3 2016 was Arlington Capital Management, an estimated $24.3M added.
- The largest VanEck Steel ETF seller in Q3 2016 was Clark Capital Management Group, an estimated $1.48M sold.
Based on aggregated 13F filings for Q3 2016.