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VanEck Steel ETF

52 hedge funds and large institutions have $62.9M invested in VanEck Steel ETF in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 6

86% more call options, than puts

Call options by funds: $288K | Put options by funds: $155K

50% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 12

35% more capital invested

Capital invested by funds: $46.5M → $62.9M (+$16.4M)

18% more funds holding

Funds holding: 4452 (+8)

8.21% more ownership

Funds ownership: 40.5%48.71% (+8.2%)

Holders
52
Holders Change
+8
Holders Change %
+18.18%
% of All Funds
0.76%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
18
Reduced
12
Closed
6
Calls
$288K
Puts
$155K
Net Calls
+$133K
Net Calls Change
+$273K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$17.3M +$6.95M +103,787 +80%
UBS Group
2
UBS Group
Switzerland
$14.5M +$903K +13,471 +7%
RAM
3
Riggs Asset Management
Pennsylvania
$6.64M +$70.1K +1,046 +1%
VanEck Associates
4
VanEck Associates
New York
$3.8M +$565K +8,428 +20%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$2.95M +$679K +10,140 +34%
Citadel Advisors
6
Citadel Advisors
Florida
$2.31M +$292K +4,352 +16%
Bank of America
7
Bank of America
North Carolina
$1.98M +$749K +11,170 +71%
LPL Financial
8
LPL Financial
California
$1.9M -$182K -2,716 -10%
Osaic Holdings
9
Osaic Holdings
Arizona
$1.36M -$1.18M -17,643 -49%
Goldman Sachs
10
Goldman Sachs
New York
$1.18M +$46.8K +699 +5%
Stifel Financial
11
Stifel Financial
Missouri
$757K +$688K +10,261 New
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$687K -$92.5K -1,381 -13%
BCM
13
Barometer Capital Management
Ontario, Canada
$686K -$208K -3,100 -25%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$685K -$85.8K -1,280 -12%
CFG
15
Citizens Financial Group
Rhode Island
$503K +$12.3K +184 +3%
Ameriprise
16
Ameriprise
Minnesota
$454K +$412K +6,151 New
IWM
17
IHT Wealth Management
Illinois
$437K -$20.7K -309 -5%
Wells Fargo
18
Wells Fargo
California
$426K +$4.56K +68 +1%
CFIM
19
Client First Investment Management
Wisconsin
$418K +$380K +5,668 New
Truist Financial
20
Truist Financial
North Carolina
$392K +$10.4K +155 +3%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$391K +$146K +2,180 +70%
PMG
22
ProVise Management Group
Florida
$357K -$43K -641 -12%
CAN
23
Cetera Advisor Networks
California
$337K -$110K -1,645 -26%
VCA
24
Verdence Capital Advisors
Maryland
$297K +$270K +4,032 New
Millennium Management
25
Millennium Management
New York
$292K +$265K +3,954 New

SLX Hedge Fund Activity: Q4 2023 in Review

52 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q4 2023, worth a combined $62.9M — up 35% from $46.5M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new SLX positions and 6 closed out — a net gain of 8 holders — while 18 added to existing stakes and 12 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $6.95M. The largest seller was Osaic Holdings, cutting an estimated $1.18M.

  • 52 institutional investors held VanEck Steel ETF (SLX) as of Q4 2023, up from 44 in Q3 2023.
  • Funds reported $62.9M of VanEck Steel ETF stock for Q4 2023, up 35% quarter-over-quarter.
  • 14 funds opened new VanEck Steel ETF positions in Q4 2023 and 6 closed out, a net change of +8 holders.
  • The largest VanEck Steel ETF buyer in Q4 2023 was Morgan Stanley, an estimated $6.95M added.
  • The largest VanEck Steel ETF seller in Q4 2023 was Osaic Holdings, an estimated $1.18M sold.

Based on aggregated 13F filings for Q4 2023.