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VanEck Steel ETF

46 hedge funds and large institutions have $54M invested in VanEck Steel ETF in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% less funds holding

Funds holding: 5546 (-9)

21.39% less ownership

Funds ownership: 65.04%43.65% (-21%)

40% less capital invested

Capital invested by funds: $90M → $54M (-$36M)

41% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 22

60% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 15

81% less call options, than puts

Call options by funds: $5.66M | Put options by funds: $30.5M

Holders
46
Holders Change
-9
Holders Change %
-16.36%
% of All Funds
0.81%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
13
Reduced
22
Closed
15
Calls
$5.66M
Puts
$30.5M
Net Calls
-$24.8M
Net Calls Change
-$30.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$7.65M -$955K -15,510 -10%
Bank of America
2
Bank of America
North Carolina
$6.63M +$100K +1,625 +1%
UBS Group
3
UBS Group
Switzerland
$6.38M +$1.02M +16,490 +17%
Wells Fargo
4
Wells Fargo
California
$6.19M +$1.22M +19,776 +21%
Qube Research & Technologies (QRT)
5
Qube Research & Technologies (QRT)
United Kingdom
$3.65M +$4.01M +65,055 +5,866%
LFA
6
Legend Financial Advisors
Pennsylvania
$3.48M +$504K +8,181 +15%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$2.25M +$1.45M +23,471 +136%
Jane Street
8
Jane Street
New York
$1.94M -$14.1M -228,743 -87%
HighTower Advisors
9
HighTower Advisors
Illinois
$1.56M +$1.74M +28,265 New
LPL Financial
10
LPL Financial
California
$1.45M -$263K -4,272 -14%
Barclays
11
Barclays
United Kingdom
$1.41M +$1.53M +24,771 +3,124%
TRCT
12
Tower Research Capital (TRC)
New York
$1.09M +$941K +15,279 +339%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$1.04M -$1.17M -19,029 -50%
Citadel Advisors
14
Citadel Advisors
Florida
$997K -$852K -13,837 -43%
Simplex Trading
15
Simplex Trading
Illinois
$955K -$6.16K -100 -0.6%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$871K +$16.1K +261 +2%
FTUS
17
Flow Traders U.S.
New York
$670K +$748K +12,136 New
KAS
18
Kestra Advisory Services
Texas
$595K +$298K +4,839 +82%
PMG
19
ProVise Management Group
Florida
$568K -$90.6K -1,471 -13%
Goldman Sachs
20
Goldman Sachs
New York
$568K -$73.1K -1,186 -10%
VanEck Associates
21
VanEck Associates
New York
$493K +$131K +2,127 +31%
GVAG
22
Great Valley Advisor Group
Delaware
$443K +$57.2K +929 +13%
FIM
23
Freedom Investment Management
Connecticut
$407K -$28.2K -458 -6%
FEM
24
Fulcrum Equity Management
Texas
$345K -$30.7K -498 -7%
CFG
25
Citizens Financial Group
Rhode Island
$326K

SLX Hedge Fund Activity: Q3 2021 in Review

46 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2021, worth a combined $54M — down 40% from $90M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of SLX and 6 opened new positions — a net loss of 9 holders — while 22 trimmed existing stakes and 13 added.

The largest buyer was Qube Research & Technologies (QRT), adding an estimated $4.01M. The largest seller was Jane Street, cutting an estimated $14.1M.

  • 46 institutional investors held VanEck Steel ETF (SLX) as of Q3 2021, down from 55 in Q2 2021.
  • Funds reported $54M of VanEck Steel ETF stock for Q3 2021, down 40% quarter-over-quarter.
  • 6 funds opened new VanEck Steel ETF positions in Q3 2021 and 15 closed out, a net change of -9 holders.
  • The largest VanEck Steel ETF buyer in Q3 2021 was Qube Research & Technologies (QRT), an estimated $4.01M added.
  • The largest VanEck Steel ETF seller in Q3 2021 was Jane Street, an estimated $14.1M sold.

Based on aggregated 13F filings for Q3 2021.