VanEck Steel ETF
SLX
58 hedge funds and large institutions have $74.4M invested in VanEck Steel ETF in 2025 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 6 closing their positions.
267% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 6
148% more capital invested
Capital invested by funds: $30M → $74.4M (+$44.3M)
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
38% more funds holding
Funds holding: 42 → 58 (+16)
12.98% more ownership
Funds ownership: 33.15% → 46.12% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.97M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.76M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$3.83M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.15M |
| 5 |
Two Sigma Investments
New York
|
+$3.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$940K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$414K |
| 3 |
GAM
Griffin Asset Management
New York
|
-$263K |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$224K |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$116K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Qube Research & Technologies (QRT)
London,
United Kingdom
| $9.16K | – | – | – |
|
|
CIA
52
Cape Investment Advisory
Mcdonough,
Georgia
| $6.79K | +$6.35K | +80 | New |
|
|
HIA
53
Harbor Investment Advisory
Lutherville,
Maryland
| $4.24K | – | – | – |
|
|
FFA
54
Founders Financial Alliance
Raleigh,
North Carolina
| $3.65K | – | – | – |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $2.38K | +$1.35K | +17 | +155% |
|
56
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1.53K | +$1.43K | +18 | New |
|
|
GC
57
Gould Capital
Tacoma,
Washington
| $1.19K | – | – | – |
|
|
OSAM
58
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $85 | – | – | – |
|
|
59
Goldman Sachs
New York
| – | -$940K | -12,967 | Closed |
|
|
GAM
60
Griffin Asset Management
New York
| – | -$263K | -3,628 | Closed |
|
|
BCWM
61
Ball & Co Wealth Management
Franklin,
Tennessee
| – | -$69K | -963 | Closed |
|
62
Simplex Trading
Chicago,
Illinois
| – | -$15K | -211 | Closed |
|
|
AAS
63
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$14.5K | -200 | Closed |
|
64
Citigroup
New York
| – | -$3.99K | -55 | Closed |
|
SLX Hedge Fund Activity: Q4 2025 in Review
58 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q4 2025, worth a combined $74.4M — up 148% from $30M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SLX positions and 6 closed out — a net gain of 16 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was LPL Financial, adding an estimated $6.97M. The largest seller was Goldman Sachs, exiting entirely with an estimated $940K sold.
- 58 institutional investors held VanEck Steel ETF (SLX) as of Q4 2025, up from 42 in Q3 2025.
- Funds reported $74.4M of VanEck Steel ETF stock for Q4 2025, up 148% quarter-over-quarter.
- 22 funds opened new VanEck Steel ETF positions in Q4 2025 and 6 closed out, a net change of +16 holders.
- The largest VanEck Steel ETF buyer in Q4 2025 was LPL Financial, an estimated $6.97M added.
- The largest VanEck Steel ETF seller in Q4 2025 was Goldman Sachs, an estimated $940K sold.
Based on aggregated 13F filings for Q4 2025.