VanEck Steel ETF
SLX
50 hedge funds and large institutions have $52M invested in VanEck Steel ETF in 2018 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 6 closing their positions.
592% more call options, than puts
Call options by funds: $2.96M | Put options by funds: $428K
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
32% more funds holding
Funds holding: 38 → 50 (+12)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.99% less ownership
Funds ownership: 44.39% → 34.4% (-10%)
23% less capital invested
Capital invested by funds: $67.2M → $52M (-$15.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
+$6.42M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.61M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.62M |
| 4 |
Jane Street
New York
|
+$1.52M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$25.7M |
| 2 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$3.94M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.38M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.45M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$559K |
SLX Hedge Fund Activity: Q1 2018 in Review
50 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q1 2018, worth a combined $52M — down 23% from $67.2M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SLX positions and 6 closed out — a net gain of 12 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Riggs Asset Management, opening a new position worth an estimated $6.42M. The largest seller was Arlington Capital Management, cutting an estimated $25.7M.
- 50 institutional investors held VanEck Steel ETF (SLX) as of Q1 2018, up from 38 in Q4 2017.
- Funds reported $52M of VanEck Steel ETF stock for Q1 2018, down 23% quarter-over-quarter.
- 18 funds opened new VanEck Steel ETF positions in Q1 2018 and 6 closed out, a net change of +12 holders.
- The largest VanEck Steel ETF buyer in Q1 2018 was Riggs Asset Management, an estimated $6.42M added.
- The largest VanEck Steel ETF seller in Q1 2018 was Arlington Capital Management, an estimated $25.7M sold.
Based on aggregated 13F filings for Q1 2018.