VanEck Steel ETF
SLX
39 hedge funds and large institutions have $69.2M invested in VanEck Steel ETF in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 10 closing their positions.
59% more call options, than puts
Call options by funds: $1.03M | Put options by funds: $645K
20% more capital invested
Capital invested by funds: $57.9M → $69.2M (+$11.3M)
4.66% more ownership
Funds ownership: 39.05% → 43.71% (+4.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 42 → 39 (-3)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$3.34M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.73M |
| 3 |
VF
Virtu Financial
New York
|
+$1.43M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.42M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$408K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$663K |
| 2 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$662K |
| 3 |
Millennium Management
New York
|
-$497K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$381K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$257K |
SLX Hedge Fund Activity: Q3 2017 in Review
39 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2017, worth a combined $69.2M — up 20% from $57.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SLX and 7 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $3.34M. The largest seller was Jane Street, cutting an estimated $663K.
- 39 institutional investors held VanEck Steel ETF (SLX) as of Q3 2017, down from 42 in Q2 2017.
- Funds reported $69.2M of VanEck Steel ETF stock for Q3 2017, up 20% quarter-over-quarter.
- 7 funds opened new VanEck Steel ETF positions in Q3 2017 and 10 closed out, a net change of -3 holders.
- The largest VanEck Steel ETF buyer in Q3 2017 was Clark Capital Management Group, an estimated $3.34M added.
- The largest VanEck Steel ETF seller in Q3 2017 was Jane Street, an estimated $663K sold.
Based on aggregated 13F filings for Q3 2017.