VanEck Steel ETF
SLX
36 hedge funds and large institutions have $59.7M invested in VanEck Steel ETF in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
71% more capital invested
Capital invested by funds: $34.9M → $59.7M (+$24.8M)
63% more call options, than puts
Call options by funds: $890K | Put options by funds: $547K
24% more funds holding
Funds holding: 29 → 36 (+7)
10.06% more ownership
Funds ownership: 28.76% → 38.82% (+10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$6.35M |
| 2 |
Citigroup
New York
|
+$4.8M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.82M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.23M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$5.64M |
| 2 |
AIG
American International Group
New York
|
-$457K |
| 3 |
LPL Financial
San Diego,
California
|
-$380K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$370K |
| 5 |
Morgan Stanley
New York
|
-$322K |
SLX Hedge Fund Activity: Q4 2013 in Review
36 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q4 2013, worth a combined $59.7M — up 71% from $34.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SLX positions and 6 closed out — a net gain of 7 holders — while 15 added to existing stakes and 5 trimmed.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $6.35M. The largest seller was Lazard Asset Management, exiting entirely with an estimated $5.64M sold.
- 36 institutional investors held VanEck Steel ETF (SLX) as of Q4 2013, up from 29 in Q3 2013.
- Funds reported $59.7M of VanEck Steel ETF stock for Q4 2013, up 71% quarter-over-quarter.
- 13 funds opened new VanEck Steel ETF positions in Q4 2013 and 6 closed out, a net change of +7 holders.
- The largest VanEck Steel ETF buyer in Q4 2013 was Pinnacle Advisory Group, an estimated $6.35M added.
- The largest VanEck Steel ETF seller in Q4 2013 was Lazard Asset Management, an estimated $5.64M sold.
Based on aggregated 13F filings for Q4 2013.