VanEck Steel ETF
SLX
20 hedge funds and large institutions have $10.9M invested in VanEck Steel ETF in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 6 closing their positions.
6.42% more ownership
Funds ownership: 20.74% → 27.15% (+6.4%)
5% less funds holding
Funds holding: 21 → 20 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
26% less capital invested
Capital invested by funds: $14.8M → $10.9M (-$3.93M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWIG
Strategic Wealth Investment Group
Louisville,
Kentucky
|
+$928K |
| 2 |
LPL Financial
San Diego,
California
|
+$228K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$203K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$144K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$4.77M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.06M |
| 3 |
Jane Street
New York
|
-$915K |
| 4 |
VanEck Associates
New York
|
-$209K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$191K |
SLX Hedge Fund Activity: Q2 2020 in Review
20 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q2 2020, worth a combined $10.9M — down 26% from $14.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SLX and 5 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 4 added.
The largest buyer was Strategic Wealth Investment Group, opening a new position worth an estimated $928K. The largest seller was Citadel Advisors, cutting an estimated $4.77M.
- 20 institutional investors held VanEck Steel ETF (SLX) as of Q2 2020, down from 21 in Q1 2020.
- Funds reported $10.9M of VanEck Steel ETF stock for Q2 2020, down 26% quarter-over-quarter.
- 5 funds opened new VanEck Steel ETF positions in Q2 2020 and 6 closed out, a net change of -1 holder.
- The largest VanEck Steel ETF buyer in Q2 2020 was Strategic Wealth Investment Group, an estimated $928K added.
- The largest VanEck Steel ETF seller in Q2 2020 was Citadel Advisors, an estimated $4.77M sold.
Based on aggregated 13F filings for Q2 2020.