VanEck Steel ETF
SLX
25 hedge funds and large institutions have $23M invested in VanEck Steel ETF in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
73% more capital invested
Capital invested by funds: $13.3M → $23M (+$9.71M)
25% more funds holding
Funds holding: 20 → 25 (+5)
1.88% more ownership
Funds ownership: 31.64% → 33.52% (+1.9%)
2% less call options, than puts
Call options by funds: $870K | Put options by funds: $889K
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$1.68M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.5M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$676K |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
+$567K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$698K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$549K |
| 3 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$309K |
| 4 |
FSA
Financial Sense Advisors
San Diego,
California
|
-$235K |
| 5 |
VanEck Associates
New York
|
-$128K |
SLX Hedge Fund Activity: Q4 2020 in Review
25 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q4 2020, worth a combined $23M — up 73% from $13.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SLX positions and 2 closed out — a net gain of 6 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $1.68M. The largest seller was Royal Bank of Canada, cutting an estimated $698K.
- 25 institutional investors held VanEck Steel ETF (SLX) as of Q4 2020, up from 20 in Q3 2020.
- Funds reported $23M of VanEck Steel ETF stock for Q4 2020, up 73% quarter-over-quarter.
- 8 funds opened new VanEck Steel ETF positions in Q4 2020 and 2 closed out, a net change of +6 holders.
- The largest VanEck Steel ETF buyer in Q4 2020 was Clark Capital Management Group, an estimated $1.68M added.
- The largest VanEck Steel ETF seller in Q4 2020 was Royal Bank of Canada, an estimated $698K sold.
Based on aggregated 13F filings for Q4 2020.