VanEck Steel ETF
SLX
42 hedge funds and large institutions have $57.9M invested in VanEck Steel ETF in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 10 closing their positions.
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
2% less funds holding
Funds holding: 43 → 42 (-1)
2.91% less ownership
Funds ownership: 41.96% → 39.05% (-2.9%)
29% less capital invested
Capital invested by funds: $81.5M → $57.9M (-$23.6M)
49% less call options, than puts
Call options by funds: $616K | Put options by funds: $1.2M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$1.82M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.79M |
| 3 |
Jane Street
New York
|
+$1.68M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$987K |
| 5 |
Millennium Management
New York
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
-$11.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.62M |
| 3 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
-$2.64M |
| 4 |
VF
Virtu Financial
New York
|
-$1.47M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
SEI Investments
Oaks,
Pennsylvania
| – | +$224 | +6 | New |
|
SLX Hedge Fund Activity: Q2 2017 in Review
42 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q2 2017, worth a combined $57.9M — down 29% from $81.5M a quarter earlier.
Fund positioning in SLX was balanced in Q2 2017: 10 funds opened new positions, 10 closed out, 6 added to existing stakes and 16 trimmed.
The largest buyer was Barometer Capital Management, opening a new position worth an estimated $1.82M. The largest seller was Riggs Asset Management, exiting entirely with an estimated $11.2M sold.
- 42 institutional investors held VanEck Steel ETF (SLX) as of Q2 2017, down from 43 in Q1 2017.
- Funds reported $57.9M of VanEck Steel ETF stock for Q2 2017, down 29% quarter-over-quarter.
- 10 funds opened new VanEck Steel ETF positions in Q2 2017 and 10 closed out, a net change of 0 holders.
- The largest VanEck Steel ETF buyer in Q2 2017 was Barometer Capital Management, an estimated $1.82M added.
- The largest VanEck Steel ETF seller in Q2 2017 was Riggs Asset Management, an estimated $11.2M sold.
Based on aggregated 13F filings for Q2 2017.