VanEck Steel ETF
SLX
52 hedge funds and large institutions have $59.6M invested in VanEck Steel ETF in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 5 closing their positions.
453% more call options, than puts
Call options by funds: $880K | Put options by funds: $159K
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
45% more capital invested
Capital invested by funds: $41.2M → $59.6M (+$18.4M)
13.62% more ownership
Funds ownership: 39.99% → 53.61% (+14%)
13% more funds holding
Funds holding: 46 → 52 (+6)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
+$5.54M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.56M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.43M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.83M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$1.61M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.25M |
| 3 |
VanEck Associates
New York
|
-$564K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$478K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$448K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
AssetMark Inc
Concord,
California
| $510 | +$517 | +8 | New |
|
52
Commonwealth Equity Services
Waltham,
Massachusetts
| $227 | +$231K | +3,567 | New |
|
|
CCMG
53
Clark Capital Management Group
Philadelphia,
Pennsylvania
| – | -$1.61M | -27,907 | Closed |
|
|
SWM
54
Spire Wealth Management
Mclean,
Virginia
| – | -$52K | -896 | Closed |
|
55
Citigroup
New York
| – | -$28.9K | -500 | Closed |
|
|
NA
56
NewEdge Advisors
New Orleans,
Louisiana
| – | -$2.19K | -38 | Closed |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| – | -$65 | -1 | -33% |
|
SLX Hedge Fund Activity: Q1 2023 in Review
52 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q1 2023, worth a combined $59.6M — up 45% from $41.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SLX positions and 5 closed out — a net gain of 7 holders — while 14 added to existing stakes and 19 trimmed.
The largest buyer was Riggs Asset Management, adding an estimated $5.54M. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $1.61M sold.
- 52 institutional investors held VanEck Steel ETF (SLX) as of Q1 2023, up from 46 in Q4 2022.
- Funds reported $59.6M of VanEck Steel ETF stock for Q1 2023, up 45% quarter-over-quarter.
- 12 funds opened new VanEck Steel ETF positions in Q1 2023 and 5 closed out, a net change of +7 holders.
- The largest VanEck Steel ETF buyer in Q1 2023 was Riggs Asset Management, an estimated $5.54M added.
- The largest VanEck Steel ETF seller in Q1 2023 was Clark Capital Management Group, an estimated $1.61M sold.
Based on aggregated 13F filings for Q1 2023.