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VanEck Steel ETF

44 hedge funds and large institutions have $46.5M invested in VanEck Steel ETF in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 12

8% more capital invested

Capital invested by funds: $43M → $46.5M (+$3.51M)

2.12% more ownership

Funds ownership: 38.38%40.5% (+2.1%)

10% less funds holding

Funds holding: 4944 (-5)

48% less call options, than puts

Call options by funds: $151K | Put options by funds: $291K

56% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 9

Holders
44
Holders Change
-5
Holders Change %
-10.2%
% of All Funds
0.7%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
15
Reduced
12
Closed
9
Calls
$151K
Puts
$291K
Net Calls
-$140K
Net Calls Change
-$197K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$12M +$21.9K +329 +0.2%
Morgan Stanley
2
Morgan Stanley
New York
$8.55M -$463K -6,973 -5%
RAM
3
Riggs Asset Management
Pennsylvania
$5.84M +$104K +1,561 +2%
VanEck Associates
4
VanEck Associates
New York
$2.83M -$240K -3,612 -8%
Osaic Holdings
5
Osaic Holdings
Arizona
$2.37M +$1.39M +20,932 +138%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$1.96M +$1.35M +20,269 +212%
LPL Financial
7
LPL Financial
California
$1.86M +$219K +3,290 +13%
Citadel Advisors
8
Citadel Advisors
Florida
$1.77M +$1.57M +23,662 +707%
Bank of America
9
Bank of America
North Carolina
$1.03M -$45.4K -683 -4%
Goldman Sachs
10
Goldman Sachs
New York
$1.01M -$185K -2,782 -15%
BCM
11
Barometer Capital Management
Ontario, Canada
$813K +$312K +4,700 +61%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$701K +$183K +2,759 +35%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$693K +$79.3K +1,194 +13%
CFG
14
Citizens Financial Group
Rhode Island
$435K
IWM
15
IHT Wealth Management
Illinois
$409K +$414K +6,235 New
CAN
16
Cetera Advisor Networks
California
$407K +$73.3K +1,103 +22%
Wells Fargo
17
Wells Fargo
California
$374K +$4.98K +75 +1%
FAIM
18
Financial Advocates Investment Management
Washington
$367K
PMG
19
ProVise Management Group
Florida
$359K -$1.13K -17 -0.3%
OIA
20
OneDigital Investment Advisors
Kansas
$344K +$20.4K +307 +6%
Truist Financial
21
Truist Financial
North Carolina
$338K -$59.3K -893 -15%
PCP
22
Proficio Capital Partners
Massachusetts
$336K +$341K +5,130 New
AWS
23
Atria Wealth Solutions
New York
$208K
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$204K -$26.6K -401 -11%
AWM
25
AE Wealth Management
Kansas
$204K +$207K +3,109 New

SLX Hedge Fund Activity: Q3 2023 in Review

44 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q3 2023, worth a combined $46.5M — up 8.2% from $43M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of SLX and 4 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 15 added.

The largest buyer was Citadel Advisors, adding an estimated $1.57M. The largest seller was Ameriprise, exiting entirely with an estimated $1.43M sold.

  • 44 institutional investors held VanEck Steel ETF (SLX) as of Q3 2023, down from 49 in Q2 2023.
  • Funds reported $46.5M of VanEck Steel ETF stock for Q3 2023, up 8.2% quarter-over-quarter.
  • 4 funds opened new VanEck Steel ETF positions in Q3 2023 and 9 closed out, a net change of -5 holders.
  • The largest VanEck Steel ETF buyer in Q3 2023 was Citadel Advisors, an estimated $1.57M added.
  • The largest VanEck Steel ETF seller in Q3 2023 was Ameriprise, an estimated $1.43M sold.

Based on aggregated 13F filings for Q3 2023.