VanEck Steel ETF
SLX
41 hedge funds and large institutions have $45M invested in VanEck Steel ETF in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 4 closing their positions.
400% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 4
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
96% more capital invested
Capital invested by funds: $23M → $45M (+$22M)
64% more funds holding
Funds holding: 25 → 41 (+16)
14% more call options, than puts
Call options by funds: $1.01M | Put options by funds: $888K
3.13% more ownership
Funds ownership: 33.52% → 36.65% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.71M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.14M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.15M |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$2.08M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$4.9M |
| 2 |
SWIG
Strategic Wealth Investment Group
Louisville,
Kentucky
|
-$1.92M |
| 3 |
Jane Street
New York
|
-$698K |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$669K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$467K |
SLX Hedge Fund Activity: Q1 2021 in Review
41 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q1 2021, worth a combined $45M — up 96% from $23M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SLX positions and 4 closed out — a net gain of 16 holders — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Bank of America, adding an estimated $3.71M. The largest seller was Citadel Advisors, cutting an estimated $4.9M.
- 41 institutional investors held VanEck Steel ETF (SLX) as of Q1 2021, up from 25 in Q4 2020.
- Funds reported $45M of VanEck Steel ETF stock for Q1 2021, up 96% quarter-over-quarter.
- 20 funds opened new VanEck Steel ETF positions in Q1 2021 and 4 closed out, a net change of +16 holders.
- The largest VanEck Steel ETF buyer in Q1 2021 was Bank of America, an estimated $3.71M added.
- The largest VanEck Steel ETF seller in Q1 2021 was Citadel Advisors, an estimated $4.9M sold.
Based on aggregated 13F filings for Q1 2021.