VanEck Steel ETF
SLX
46 hedge funds and large institutions have $54M invested in VanEck Steel ETF in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 15 closing their positions.
16% less funds holding
Funds holding: 55 → 46 (-9)
21.39% less ownership
Funds ownership: 65.04% → 43.65% (-21%)
40% less capital invested
Capital invested by funds: $90M → $54M (-$36M)
41% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 22
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
81% less call options, than puts
Call options by funds: $5.66M | Put options by funds: $30.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$4.01M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$1.74M |
| 3 |
Barclays
London,
United Kingdom
|
+$1.53M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.45M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$14.1M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$6.22M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$4.83M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.73M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$2.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wolverine Trading
Chicago,
Illinois
| – | -$1.36M | -22,096 | Closed |
|
|
HT
52
HAP Trading
New York
| – | -$821K | -13,244 | Closed |
|
|
RJA
53
Raymond James & Associates
St Petersburg,
Florida
| – | -$765K | -12,345 | Closed |
|
54
MML Investors Services
Springfield,
Massachusetts
| – | -$524K | -8,462 | Closed |
|
|
JGC
55
J. Goldman & Co
New York
| – | -$452K | -7,298 | Closed |
|
|
RJFSA
56
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$338K | -5,454 | Closed |
|
|
VCWA
57
Vanguard Capital Wealth Advisors
Denver,
Colorado
| – | -$285K | -4,600 | Closed |
|
|
SPC
58
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$270K | -4,356 | Closed |
|
|
PCM
59
Penserra Capital Management
Orinda,
California
| – | -$230K | -3,726 | Closed |
|
|
CAG
60
Csenge Advisory Group
Clearwater,
Florida
| – | -$225K | -3,649 | Closed |
|
61
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$220K | -3,550 | Closed |
|
62
Citigroup
New York
| – | -$19K | -300 | Closed |
|
SLX Hedge Fund Activity: Q3 2021 in Review
46 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2021, worth a combined $54M — down 40% from $90M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SLX and 6 opened new positions — a net loss of 9 holders — while 22 trimmed existing stakes and 13 added.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $4.01M. The largest seller was Jane Street, cutting an estimated $14.1M.
- 46 institutional investors held VanEck Steel ETF (SLX) as of Q3 2021, down from 55 in Q2 2021.
- Funds reported $54M of VanEck Steel ETF stock for Q3 2021, down 40% quarter-over-quarter.
- 6 funds opened new VanEck Steel ETF positions in Q3 2021 and 15 closed out, a net change of -9 holders.
- The largest VanEck Steel ETF buyer in Q3 2021 was Qube Research & Technologies (QRT), an estimated $4.01M added.
- The largest VanEck Steel ETF seller in Q3 2021 was Jane Street, an estimated $14.1M sold.
Based on aggregated 13F filings for Q3 2021.