VanEck Steel ETF
SLX
60 hedge funds and large institutions have $74.5M invested in VanEck Steel ETF in 2025 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 6 closing their positions.
1,741% more capital inflows, than outflows
Capital inflows: $39M | Capital outflows: $2.12M
283% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 6
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
40% more funds holding
Funds holding: 43 → 60 (+17)
12.96% more ownership
Funds ownership: 33.25% → 46.22% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.97M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.76M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$3.83M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.15M |
| 5 |
Two Sigma Investments
New York
|
+$3.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$940K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$414K |
| 3 |
Griffin Asset Management
New York
|
-$263K |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$224K |
| 5 |
IHT Wealth Management
Chicago,
Illinois
|
-$116K |
SLX Hedge Fund Activity: Q4 2025 in Review
60 of the 8,302 institutional investors tracked by Wall St. Rank reported a position in VanEck Steel ETF (SLX) for Q4 2025, worth a combined $74.5M — up 147% from $30.1M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SLX positions and 6 closed out — a net gain of 17 holders — while 18 added to existing stakes and 10 trimmed.
The largest buyer was LPL Financial, adding an estimated $6.97M. The largest seller was Goldman Sachs, exiting entirely with an estimated $940K sold.
- 60 institutional investors held VanEck Steel ETF (SLX) as of Q4 2025, up from 43 in Q3 2025.
- Funds reported $74.5M of VanEck Steel ETF stock for Q4 2025, up 147% quarter-over-quarter.
- 23 funds opened new VanEck Steel ETF positions in Q4 2025 and 6 closed out, a net change of +17 holders.
- The largest VanEck Steel ETF buyer in Q4 2025 was LPL Financial, an estimated $6.97M added.
- The largest VanEck Steel ETF seller in Q4 2025 was Goldman Sachs, an estimated $940K sold.
Based on aggregated 13F filings for Q4 2025.