VanEck Steel ETF
SLX
27 hedge funds and large institutions have $17.6M invested in VanEck Steel ETF in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 7 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
1.16% more ownership
Funds ownership: 14.55% → 15.72% (+1.2%)
6% less capital invested
Capital invested by funds: $18.8M → $17.6M (-$1.2M)
7% less funds holding
Funds holding: 29 → 27 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $271K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$897K |
| 2 |
VanEck Associates
New York
|
+$686K |
| 3 |
Jane Street
New York
|
+$620K |
| 4 |
LPL Financial
San Diego,
California
|
+$332K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$799K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$328K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$321K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$276K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$211K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FGAM
26
Financial Gravity Asset Management
Lakeway,
Texas
| $5K | +$353 | +10 | +7% |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $3K | – | – | – |
|
|
RJA
28
Raymond James & Associates
St Petersburg,
Florida
| – | -$321K | -8,217 | Closed |
|
|
29
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$211K | -5,388 | Closed |
|
|
OIA
30
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$97K | -2,470 | Closed |
|
|
CG
31
Cutler Group
San Francisco,
California
| – | -$5.86K | -166 | Closed |
|
|
CFGS
32
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$4.59K | -130 | Closed |
|
|
TPWA
33
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$1K | -44 | Closed |
|
SLX Hedge Fund Activity: Q3 2019 in Review
27 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2019, worth a combined $17.6M — down 6.4% from $18.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SLX and 5 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Morgan Stanley, adding an estimated $897K. The largest seller was Tower Research Capital (TRC), cutting an estimated $799K.
- 27 institutional investors held VanEck Steel ETF (SLX) as of Q3 2019, down from 29 in Q2 2019.
- Funds reported $17.6M of VanEck Steel ETF stock for Q3 2019, down 6.4% quarter-over-quarter.
- 5 funds opened new VanEck Steel ETF positions in Q3 2019 and 7 closed out, a net change of -2 holders.
- The largest VanEck Steel ETF buyer in Q3 2019 was Morgan Stanley, an estimated $897K added.
- The largest VanEck Steel ETF seller in Q3 2019 was Tower Research Capital (TRC), an estimated $799K sold.
Based on aggregated 13F filings for Q3 2019.