VanEck Steel ETF
SLX
36 hedge funds and large institutions have $33.1M invested in VanEck Steel ETF in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 14 reducing their positions, and 15 closing their positions.
90% more call options, than puts
Call options by funds: $120K | Put options by funds: $63K
6.73% less ownership
Funds ownership: 33.67% → 26.94% (-6.7%)
16% less capital invested
Capital invested by funds: $39.3M → $33.1M (-$6.13M)
20% less funds holding
Funds holding: 45 → 36 (-9)
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
79% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$11.6M |
| 2 |
Two Sigma Investments
New York
|
+$566K |
| 3 |
Jane Street
New York
|
+$279K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$36.2K |
| 5 |
VanEck Associates
New York
|
+$2.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$12.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.34M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.02M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$918K |
| 5 |
FFA
Fortune Financial Advisors
Overland Park,
Kansas
|
-$767K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VAG
51
VisionPoint Advisory Group
Dallas,
Texas
| – | -$1.73K | -26 | Closed |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1.13K | -17 | Closed |
|
SLX Hedge Fund Activity: Q3 2024 in Review
36 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2024, worth a combined $33.1M — down 16% from $39.3M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SLX and 6 opened new positions — a net loss of 9 holders — while 14 trimmed existing stakes and 3 added.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $11.6M. The largest seller was UBS Group, cutting an estimated $12.3M.
- 36 institutional investors held VanEck Steel ETF (SLX) as of Q3 2024, down from 45 in Q2 2024.
- Funds reported $33.1M of VanEck Steel ETF stock for Q3 2024, down 16% quarter-over-quarter.
- 6 funds opened new VanEck Steel ETF positions in Q3 2024 and 15 closed out, a net change of -9 holders.
- The largest VanEck Steel ETF buyer in Q3 2024 was Raymond James & Associates, an estimated $11.6M added.
- The largest VanEck Steel ETF seller in Q3 2024 was UBS Group, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2024.