VanEck Steel ETF
SLX
49 hedge funds and large institutions have $43M invested in VanEck Steel ETF in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 26 reducing their positions, and 11 closing their positions.
438% more call options, than puts
Call options by funds: $70K | Put options by funds: $13K
6% less funds holding
Funds holding: 52 → 49 (-3)
15.22% less ownership
Funds ownership: 53.61% → 38.38% (-15%)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
28% less capital invested
Capital invested by funds: $59.6M → $43M (-$16.6M)
81% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 26
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$458K |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$368K |
| 3 |
Two Sigma Investments
New York
|
+$298K |
| 4 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
+$84K |
| 5 |
Citigroup
New York
|
+$35.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.04M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.44M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.27M |
| 4 |
Morgan Stanley
New York
|
-$1.76M |
| 5 |
MWM
Moran Wealth Management
Naples,
Florida
|
-$966K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Simplex Trading
Chicago,
Illinois
| – | -$644K | -10,111 | Closed |
|
|
RJA
52
Raymond James & Associates
St Petersburg,
Florida
| – | -$437K | -6,859 | Closed |
|
53
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$227 | -3,567 | Closed |
|
|
MRC
54
Millburn Ridgefield Corp
New York
| – | -$94.3K | -1,479 | Closed |
|
|
USGIU
55
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$51K | -800 | Closed |
|
|
AAS
56
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$12.7K | -200 | Closed |
|
|
BAM
57
Belpointe Asset Management
Reno,
Nevada
| – | -$9.05K | -142 | Closed |
|
|
S
58
SignatureFD
Atlanta,
Georgia
| – | -$1.91K | -30 | Closed |
|
59
AssetMark Inc
Concord,
California
| – | -$510 | -8 | Closed |
|
|
VF
60
VitalStone Financial
Shavano Park,
Texas
| – | +$182 | +3 | New |
|
SLX Hedge Fund Activity: Q2 2023 in Review
49 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q2 2023, worth a combined $43M — down 28% from $59.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SLX and 8 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 5 added.
The largest buyer was Camelot Portfolios, opening a new position worth an estimated $458K. The largest seller was Bank of America, cutting an estimated $3.04M.
- 49 institutional investors held VanEck Steel ETF (SLX) as of Q2 2023, down from 52 in Q1 2023.
- Funds reported $43M of VanEck Steel ETF stock for Q2 2023, down 28% quarter-over-quarter.
- 8 funds opened new VanEck Steel ETF positions in Q2 2023 and 11 closed out, a net change of -3 holders.
- The largest VanEck Steel ETF buyer in Q2 2023 was Camelot Portfolios, an estimated $458K added.
- The largest VanEck Steel ETF seller in Q2 2023 was Bank of America, an estimated $3.04M sold.
Based on aggregated 13F filings for Q2 2023.