VanEck Steel ETF
SLX
32 hedge funds and large institutions have $20.6M invested in VanEck Steel ETF in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 11 closing their positions.
19% more capital invested
Capital invested by funds: $17.4M → $20.6M (+$3.25M)
0.52% more ownership
Funds ownership: 15.12% → 15.64% (+0.52%)
16% less funds holding
Funds holding: 38 → 32 (-6)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $232K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.52M |
| 2 |
VanEck Associates
New York
|
+$1.15M |
| 3 |
VF
Virtu Financial
New York
|
+$831K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$663K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWC
MKD Wealth Coaches
Troy,
Michigan
|
-$1.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$776K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$653K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$521K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$285K |
SLX Hedge Fund Activity: Q1 2019 in Review
32 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q1 2019, worth a combined $20.6M — up 19% from $17.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SLX and 6 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $1.52M. The largest seller was MKD Wealth Coaches, cutting an estimated $1.7M.
- 32 institutional investors held VanEck Steel ETF (SLX) as of Q1 2019, down from 38 in Q4 2018.
- Funds reported $20.6M of VanEck Steel ETF stock for Q1 2019, up 19% quarter-over-quarter.
- 6 funds opened new VanEck Steel ETF positions in Q1 2019 and 11 closed out, a net change of -5 holders.
- The largest VanEck Steel ETF buyer in Q1 2019 was Goldman Sachs, an estimated $1.52M added.
- The largest VanEck Steel ETF seller in Q1 2019 was MKD Wealth Coaches, an estimated $1.7M sold.
Based on aggregated 13F filings for Q1 2019.