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VanEck Steel ETF

45 hedge funds and large institutions have $39.3M invested in VanEck Steel ETF in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 16 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

868% more call options, than puts

Call options by funds: $513K | Put options by funds: $53K

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

2% more funds holding

Funds holding: 4445 (+1)

4.45% less ownership

Funds ownership: 38.12%33.67% (-4.5%)

19% less capital invested

Capital invested by funds: $48.4M → $39.3M (-$9.14M)

56% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 16

Holders
45
Holders Change
+1
Holders Change %
+2.27%
% of All Funds
0.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
7
Reduced
16
Closed
6
Calls
$513K
Puts
$53K
Net Calls
+$460K
Net Calls Change
-$1.93M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$13.8M +$420K +5,995 +3%
Morgan Stanley
2
Morgan Stanley
New York
$7.36M -$517K -7,394 -6%
Citadel Advisors
3
Citadel Advisors
Florida
$3.73M +$2.19M +31,290 +126%
Goldman Sachs
4
Goldman Sachs
New York
$1.98M +$973K +13,903 +88%
VanEck Associates
5
VanEck Associates
New York
$1.4M -$1.08M -15,456 -42%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$1.34M +$843K +12,042 +148%
LPL Financial
7
LPL Financial
California
$1.25M -$129K -1,839 -9%
Bank of America
8
Bank of America
North Carolina
$1.18M -$106K -1,516 -8%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$1.07M -$118K -1,691 -10%
FFA
10
Fortune Financial Advisors
Kansas
$767K +$267K +3,810 +49%
Osaic Holdings
11
Osaic Holdings
Arizona
$746K -$97.4K -1,392 -11%
SC
12
Scotia Capital
Ontario, Canada
$644K +$676K +9,665 New
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$550K -$18.5K -264 -3%
CFG
14
Citizens Financial Group
Rhode Island
$455K
IWM
15
IHT Wealth Management
Illinois
$398K -$8.19K -117 -2%
Comerica Bank
16
Comerica Bank
Texas
$353K
Truist Financial
17
Truist Financial
North Carolina
$347K
Wells Fargo
18
Wells Fargo
California
$343K +$2.1K +30 +0.6%
Cetera Investment Advisers
19
Cetera Investment Advisers
Illinois
$276K -$116K -1,659 -29%
VCA
20
Verdence Capital Advisors
Maryland
$240K -$70K -1,000 -22%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$225K -$281K -4,018 -55%
HBW
22
Hazlett, Burt & Watson
West Virginia
$218K
RIL
23
Rothschild Investment LLC
Illinois
$147K +$154K +2,200 New
CP
24
Castleview Partners
Texas
$111K +$18.2K +260 +18%
TFF
25
The Family Firm
Maryland
$62K +$65.1K +931 New

SLX Hedge Fund Activity: Q2 2024 in Review

45 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q2 2024, worth a combined $39.3M — down 19% from $48.4M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new SLX positions and 6 closed out — a net gain of 2 holders — while 7 added to existing stakes and 16 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $2.19M. The largest seller was Riggs Asset Management, exiting entirely with an estimated $6.61M sold.

  • 45 institutional investors held VanEck Steel ETF (SLX) as of Q2 2024, up from 44 in Q1 2024.
  • Funds reported $39.3M of VanEck Steel ETF stock for Q2 2024, down 19% quarter-over-quarter.
  • 8 funds opened new VanEck Steel ETF positions in Q2 2024 and 6 closed out, a net change of +2 holders.
  • The largest VanEck Steel ETF buyer in Q2 2024 was Citadel Advisors, an estimated $2.19M added.
  • The largest VanEck Steel ETF seller in Q2 2024 was Riggs Asset Management, an estimated $6.61M sold.

Based on aggregated 13F filings for Q2 2024.