VanEck Steel ETF
SLX
35 hedge funds and large institutions have $32.7M invested in VanEck Steel ETF in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 11 closing their positions.
4.46% less ownership
Funds ownership: 26.1% → 21.64% (-4.5%)
16% less capital invested
Capital invested by funds: $39M → $32.7M (-$6.29M)
17% less funds holding
Funds holding: 42 → 35 (-7)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
66% less call options, than puts
Call options by funds: $981K | Put options by funds: $2.91M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.84M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.61M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$996K |
| 5 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.95M |
| 2 |
Morgan Stanley
New York
|
-$2.94M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.49M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$1.47M |
| 5 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$1.12M |
SLX Hedge Fund Activity: Q3 2018 in Review
35 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2018, worth a combined $32.7M — down 16% from $39M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SLX and 5 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 9 added.
The largest buyer was Virtu Financial, adding an estimated $1.84M. The largest seller was Bank of America, cutting an estimated $3.95M.
- 35 institutional investors held VanEck Steel ETF (SLX) as of Q3 2018, down from 42 in Q2 2018.
- Funds reported $32.7M of VanEck Steel ETF stock for Q3 2018, down 16% quarter-over-quarter.
- 5 funds opened new VanEck Steel ETF positions in Q3 2018 and 11 closed out, a net change of -6 holders.
- The largest VanEck Steel ETF buyer in Q3 2018 was Virtu Financial, an estimated $1.84M added.
- The largest VanEck Steel ETF seller in Q3 2018 was Bank of America, an estimated $3.95M sold.
Based on aggregated 13F filings for Q3 2018.