VanEck Steel ETF
SLX
21 hedge funds and large institutions have $14.8M invested in VanEck Steel ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 15 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
4.4% more ownership
Funds ownership: 16.34% → 20.74% (+4.4%)
27% less capital invested
Capital invested by funds: $20.4M → $14.8M (-$5.56M)
40% less funds holding
Funds holding: 35 → 21 (-14)
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $56K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$6.72M |
| 2 |
Jane Street
New York
|
+$949K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$438K |
| 4 |
Morgan Stanley
New York
|
+$378K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$1.69M |
| 2 |
Goldman Sachs
New York
|
-$1.56M |
| 3 |
VanEck Associates
New York
|
-$587K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$385K |
| 5 |
LPL Financial
San Diego,
California
|
-$346K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
LPL Financial
San Diego,
California
| – | -$346K | -9,165 | Closed |
|
|
CAG
27
Csenge Advisory Group
Clearwater,
Florida
| – | -$325K | -8,619 | Closed |
|
|
SWM
28
SeaCrest Wealth Management
Purchase,
New York
| – | -$257K | -6,822 | Closed |
|
|
VNA
29
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$85K | -2,257 | Closed |
|
|
RIA
30
Realta Investment Advisors
Wilmington,
Delaware
| – | -$61K | -1,700 | Closed |
|
31
US Bancorp
Minneapolis,
Minnesota
| – | -$21K | -553 | Closed |
|
|
CFA
32
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$15K | -412 | Closed |
|
33
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$15K | -400 | Closed |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| – | -$8.27K | -268 | Closed |
|
|
FMP
35
Financial Management Professionals
Austin,
Texas
| – | -$4K | -113 | Closed |
|
SLX Hedge Fund Activity: Q1 2020 in Review
21 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q1 2020, worth a combined $14.8M — down 27% from $20.4M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SLX and 3 opened new positions — a net loss of 12 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Citadel Advisors, adding an estimated $6.72M. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $1.69M sold.
- 21 institutional investors held VanEck Steel ETF (SLX) as of Q1 2020, down from 35 in Q4 2019.
- Funds reported $14.8M of VanEck Steel ETF stock for Q1 2020, down 27% quarter-over-quarter.
- 3 funds opened new VanEck Steel ETF positions in Q1 2020 and 15 closed out, a net change of -12 holders.
- The largest VanEck Steel ETF buyer in Q1 2020 was Citadel Advisors, an estimated $6.72M added.
- The largest VanEck Steel ETF seller in Q1 2020 was Clark Capital Management Group, an estimated $1.69M sold.
Based on aggregated 13F filings for Q1 2020.