VanEck Steel ETF
SLX
46 hedge funds and large institutions have $90.2M invested in VanEck Steel ETF in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 0 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
52% more capital invested
Capital invested by funds: $59.1M → $90.2M (+$31M)
48% more funds holding
Funds holding: 31 → 46 (+15)
5.65% less ownership
Funds ownership: 56.87% → 51.22% (-5.7%)
28% less call options, than puts
Call options by funds: $986K | Put options by funds: $1.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
+$10.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.35M |
| 3 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$2.17M |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$1.78M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.3M |
| 2 |
Jane Street
New York
|
-$2.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.48M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$790K |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$110K |
SLX Hedge Fund Activity: Q4 2016 in Review
46 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q4 2016, worth a combined $90.2M — up 52% from $59.1M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SLX positions and 0 closed out — a net gain of 16 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was Riggs Asset Management, opening a new position worth an estimated $10.3M. The largest seller was Goldman Sachs, cutting an estimated $7.3M.
- 46 institutional investors held VanEck Steel ETF (SLX) as of Q4 2016, up from 31 in Q3 2016.
- Funds reported $90.2M of VanEck Steel ETF stock for Q4 2016, up 52% quarter-over-quarter.
- 16 funds opened new VanEck Steel ETF positions in Q4 2016 and 0 closed out, a net change of +16 holders.
- The largest VanEck Steel ETF buyer in Q4 2016 was Riggs Asset Management, an estimated $10.3M added.
- The largest VanEck Steel ETF seller in Q4 2016 was Goldman Sachs, an estimated $7.3M sold.
Based on aggregated 13F filings for Q4 2016.