VanEck Steel ETF
SLX
44 hedge funds and large institutions have $46.5M invested in VanEck Steel ETF in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 9 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
8% more capital invested
Capital invested by funds: $43M → $46.5M (+$3.51M)
2.12% more ownership
Funds ownership: 38.38% → 40.5% (+2.1%)
10% less funds holding
Funds holding: 49 → 44 (-5)
48% less call options, than puts
Call options by funds: $151K | Put options by funds: $291K
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.57M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.39M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.35M |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$414K |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.43M |
| 2 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$492K |
| 3 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$482K |
| 4 |
Morgan Stanley
New York
|
-$463K |
| 5 |
Two Sigma Investments
New York
|
-$313K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| – | -$37.8K | -591 | Closed |
|
52
William Blair & Company
Chicago,
Illinois
| – | -$768 | -12 | Closed |
|
|
MTIC
53
Missouri Trust & Investment Company
Springfield,
Missouri
| – | -$576 | -9 | Closed |
|
SLX Hedge Fund Activity: Q3 2023 in Review
44 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2023, worth a combined $46.5M — up 8.2% from $43M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SLX and 4 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 15 added.
The largest buyer was Citadel Advisors, adding an estimated $1.57M. The largest seller was Ameriprise, exiting entirely with an estimated $1.43M sold.
- 44 institutional investors held VanEck Steel ETF (SLX) as of Q3 2023, down from 49 in Q2 2023.
- Funds reported $46.5M of VanEck Steel ETF stock for Q3 2023, up 8.2% quarter-over-quarter.
- 4 funds opened new VanEck Steel ETF positions in Q3 2023 and 9 closed out, a net change of -5 holders.
- The largest VanEck Steel ETF buyer in Q3 2023 was Citadel Advisors, an estimated $1.57M added.
- The largest VanEck Steel ETF seller in Q3 2023 was Ameriprise, an estimated $1.43M sold.
Based on aggregated 13F filings for Q3 2023.