VanEck Steel ETF
SLX
42 hedge funds and large institutions have $39M invested in VanEck Steel ETF in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 14 closing their positions.
8.3% less ownership
Funds ownership: 34.4% → 26.1% (-8.3%)
16% less funds holding
Funds holding: 50 → 42 (-8)
25% less capital invested
Capital invested by funds: $52M → $39M (-$13M)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.64M |
| 2 |
Jane Street
New York
|
+$2.54M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$1.56M |
| 4 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$1.19M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$750K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$13.4M |
| 2 |
Goldman Sachs
New York
|
-$3.52M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
-$1.52M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$821K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$708K |
SLX Hedge Fund Activity: Q2 2018 in Review
42 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q2 2018, worth a combined $39M — down 25% from $52M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SLX and 7 opened new positions — a net loss of 7 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Morgan Stanley, adding an estimated $2.64M. The largest seller was Arlington Capital Management, exiting entirely with an estimated $13.4M sold.
- 42 institutional investors held VanEck Steel ETF (SLX) as of Q2 2018, down from 50 in Q1 2018.
- Funds reported $39M of VanEck Steel ETF stock for Q2 2018, down 25% quarter-over-quarter.
- 7 funds opened new VanEck Steel ETF positions in Q2 2018 and 14 closed out, a net change of -7 holders.
- The largest VanEck Steel ETF buyer in Q2 2018 was Morgan Stanley, an estimated $2.64M added.
- The largest VanEck Steel ETF seller in Q2 2018 was Arlington Capital Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2018.