Vault-13

VANECK ETF TRUST SMH

SEMICONDUCTR ETF · ETP · CUSIP 92189F676 · ISIN US92189F6768

432 institutional holders +42 vs Q3 2022
22,391,84122.4m shares reported held*
$4.5bnreported value*
89 new 123 added 143 reduced 60 sold out net sold ≈ $118.5m (-655.7k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $203.03. Options: 31 managers hold calls ($1.6bn notional), 37 hold puts ($2.0bn).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 390Q4 22: 432432Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022390
Q4 2022432

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1bn$2bn$3bnQ3 22 calls: $1.3bnQ3 22 puts: $1.8bnQ3 22P/C 1.42Q4 22 calls: $1.6bnQ4 22 puts: $2.0bnQ4 22P/C 1.29
Numbers
QuarterCallsPutsP/C
Q3 2022$1.3bn$1.8bn1.42
Q4 2022$1.6bn$2.0bn1.29

Biggest buyers

Fisher Asset Management, LLC Added +1,638,186+1.6m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +700,000+700.0k
CITIGROUP INC Added +427,972+428.0k
BNP PARIBAS FINANCIAL MARKETS Added +393,918+393.9k
WELLS FARGO & COMPANY/MN Added +345,818+345.8k
Woodline Partners LP New +237,823+237.8k
CITADEL ADVISORS LLC Added +225,466+225.5k
MEITAV INVESTMENT HOUSE LTD Added +182,375+182.4k
Main Management ETF Advisors, LLC Added +171,870+171.9k
MORGAN STANLEY Added +166,418+166.4k

Biggest sellers

Altshuler Shaham Ltd Sold out -1,316,276-1.3m
GOLDMAN SACHS GROUP INC Reduced -1,287,872-1.3m
CI INVESTMENTS INC. Reduced -856,229-856.2k
TWO SIGMA ADVISERS, LP Sold out -417,468-417.5k
Twin Tree Management, LP Reduced -322,949-322.9k
JANE STREET GROUP, LLC Reduced -311,741-311.7k
JPMORGAN CHASE & CO Reduced -299,602-299.6k
Harel Insurance Investments & Financial Services Ltd. Sold out -183,000-183.0k
Optiver Holding B.V. Reduced -152,113-152.1k
RENAISSANCE TECHNOLOGIES LLC Reduced -111,200-111.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $431.6m2.1m shares
CITADEL ADVISORS LLC Reduced $378.4m1.9m shares
GOLDMAN SACHS GROUP INC Added $96.1m473.5k shares
Parallax Volatility Advisers, L.P. Reduced $91.8m452.5k shares
BANK OF AMERICA CORP /DE/ Added $88.1m434.2k shares
Walleye Trading LLC Added $77.5m381.8k shares
MILLENNIUM MANAGEMENT LLC Added $67.0m330.0k shares
PEAK6 Investments LLC Reduced $45.1m222.4k shares
MARSHALL WACE, LLP Reduced $44.4m218.8k shares
UBS Group AG Added $43.1m212.4k shares

Biggest puts

CITADEL ADVISORS LLC Added $652.4m3.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $482.2m2.4m shares
GOLDMAN SACHS GROUP INC Added $142.6m702.7k shares
WOLVERINE TRADING, LLC Added $91.7m451.8k shares
Capula Management Ltd Added $89.1m439.0k shares
MILLENNIUM MANAGEMENT LLC Added $67.9m334.6k shares
Walleye Trading LLC Added $63.0m310.2k shares
PEAK6 Investments LLC Reduced $61.0m300.8k shares
CAPITAL FUND MANAGEMENT S.A. Added $56.7m279.5k shares
Parallax Volatility Advisers, L.P. Reduced $51.6m254.2k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.12% of their portfolio CHARLOTTE, NC 4,680,2654.7m $949.8m $949.8m 0.12% Reduced -95.5k -95,523
2 GOLDMAN SACHS GROUP INC 0.11% of their portfolio NEW YORK, NY 1,846,1131.8m $374.7m $374.7m 0.11% Reduced -1.3m -1,287,872
3 Fisher Asset Management, LLC 0.24% of their portfolio PLANO, TX 1,743,3311.7m $353.8m $353.8m 0.24% Added +1.6m +1,638,186
4 CITIGROUP INC 0.40% of their portfolio NEW YORK, NY 1,418,0481.4m $287.8m $287.8m 0.40% Added +428.0k +427,972
5 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.26% of their portfolio TORONTO, A6 1,230,0001.2m $249.6m $249.6m 1.26% Added +700.0k +700,000
6 CI INVESTMENTS INC. 1.09% of their portfolio TORONTO, Z4 1,065,7521.1m $216.3m $216.3m 1.09% Reduced -856.2k -856,229
7 JANE STREET GROUP, LLC 0.32% of their portfolio NEW YORK, NY 843,073843.1k $171.1m $171.1m 0.32% Reduced -311.7k -311,741
8 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 810,841810.8k $164.6m $164.6m 0.02% Added +166.4k +166,418
9 BNP PARIBAS FINANCIAL MARKETS 0.32% of their portfolio PARIS, I0 628,650628.6k $127.6m $127.6m 0.32% Added +393.9k +393,918
10 UBS Group AG 0.06% of their portfolio ZURICH, V8 604,079604.1k $122.6m $122.6m 0.06% Reduced -67.1k -67,103
11 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 564,699564.7k $114.6m $114.6m 0.04% Added +345.8k +345,818
12 Migdal Insurance & Financial Holdings Ltd. 1.95% of their portfolio Petach Tikva, L3 432,000432.0k $87.7m $87.7m 1.95% Added +152.0k +152,000
13 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 323,820323.8k $65.7m $65.7m 0.06% Reduced -51.2k -51,208
14 Twin Tree Management, LP 1.92% of their portfolio DALLAS, TX 307,914307.9k $62.5m $62.5m 1.92% Reduced -322.9k -322,949
15 CANADA PENSION PLAN INVESTMENT BOARD 0.10% of their portfolio TORONTO ONTARIO, A6 270,000270.0k $54.8m $54.8m 0.10% Unchanged
16 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 264,719264.7k $53.7m $53.7m 0.01% Reduced -299.6k -299,602
17 Main Management ETF Advisors, LLC 4.94% of their portfolio SAN FRANCISCO, CA 260,610260.6k $52.9m $52.9m 4.94% Added +171.9k +171,870
18 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 249,590249.6k $50.7m $50.7m 0.06% Added +225.5k +225,466
19 Woodline Partners LP 0.66% of their portfolio San Francisco, CA 237,823237.8k $48.3m $48.3m 0.66% New
20 MEITAV INVESTMENT HOUSE LTD 0.71% of their portfolio BENE-BERAQ, L3 201,295201.3k $41.1m $41.1m 0.71% Added +182.4k +182,375
21 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 178,266178.3k $36.2m $36.2m 0.09% Added +110.2k +110,226
22 Main Management LLC 3.66% of their portfolio SAN FRANCISCO, CA 156,571156.6k $31.8m $31.8m 3.66% Reduced -1.5k -1,469
23 BlackRock Inc. 0.00% of their portfolio New York, NY 139,498139.5k $28.3m $28.3m 0.00% Added +59.9k +59,948
24 Portfolio Strategies, Inc. 6.02% of their portfolio MONTVALE, NJ 133,055133.1k $27.0m $27.0m 6.02% Reduced -23.0k -22,992
25 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio BALA CYNWYD, PA 132,776132.8k $26.9m $26.9m 0.05% Reduced -91.8k -91,764
26 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 116,101116.1k $23.6m $23.6m 0.01% Reduced -2.2k -2,232
27 LMR Partners LLP 0.41% of their portfolio LONDON, X0 103,966104.0k $21.1m $21.1m 0.41% Added +85.7k +85,720
28 Diversified, LLC 7.77% of their portfolio Wilmington, DE 97,38297.4k $19.8m $19.8m 7.77% Added +3.1k +3,072
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 97,30097.3k $19.7m $19.7m 0.03% Reduced -2.9k -2,949
30 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 91,31191.3k $18.5m $18.5m 0.02% Added +1.5k +1,486
31 Main Management Fund Advisors LLC 10.27% of their portfolio SAN FRANCISCO, CA 80,20080.2k $16.3m $16.3m 10.27% Added +4.5k +4,500
32 Quantitative Investment Management, LLC 3.03% of their portfolio CHARLOTTESVILLE, VA 78,59178.6k $15.9m $15.9m 3.03% Reduced -11.0k -11,009
33 J. Goldman & Co LP 1.11% of their portfolio NEW YORK, NY 77,92877.9k $15.8m $15.8m 1.11% Added +54.0k +53,964
34 Wolf Hill Capital Management, LP 3.23% of their portfolio GREENWICH, CT 75,00075.0k $15.2m $15.2m 3.23% New
35 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 70,05770.1k $14.2m $14.2m 0.03% Added +4.3k +4,251
36 CAPITAL FUND MANAGEMENT S.A. 0.31% of their portfolio PARIS, I0 68,12568.1k $13.8m $13.8m 0.31% New
37 Graham Capital Management, L.P. 0.52% of their portfolio ROWAYTON, CT 67,50067.5k $13.7m $13.7m 0.52% New
38 J.P. Morgan Private Wealth Advisors LLC 0.03% of their portfolio SAN FRANCISCO, CA 65,93365.9k $13.4m $13.4m 0.03% Reduced -18.1k -18,079
39 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 62,84062.8k $12.7m $12.7m 0.00% Reduced -2.2k -2,245
40 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 57,32057.3k $11.6m $11.6m 0.02% Added +4.7k +4,734
41 Cutler Group LLC / CA 1.36% of their portfolio SAN FRANCISCO, CA 55,09255.1k $11.2m $11.2m 1.36% Added +7.6k +7,627
42 NewEdge Wealth, LLC 0.44% of their portfolio STAMFORD, CT 50,89150.9k $10.3m $10.3m 0.44% Reduced -13.6k -13,584
43 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 48,92448.9k $9.9m $9.9m 0.05% Added +1.9k +1,889
44 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 47,57247.6k $9.7m $9.7m 0.02% Reduced -2.3k -2,270
45 Kraft, Davis & Associates, LLC 4.39% of their portfolio St. Louis, MO 44,17844.2k $11.1m $11.1m 4.39% First filing
46 Rye Brook Capital LLC 5.61% of their portfolio GREENWICH, CT 42,65042.6k $8.7m $8.7m 5.61% Added +800 +800
47 Round Rock Advisors LLC 3.52% of their portfolio WILTON, CT 42,42042.4k $8.6m $8.6m 3.52% Reduced -3.9k -3,917
48 Miller Investment Management, LP 1.42% of their portfolio WEST CONSHOHOCKEN, PA 40,94640.9k $8.3m $8.3m 1.42% Reduced -3.4k -3,354
49 TD Waterhouse Canada Inc. 0.10% of their portfolio TORONTO, A6 40,84140.8k $8.7m $8.7m 0.10% Added +22.6k +22,575
50 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 39,78239.8k $8.1m $8.1m 0.01% Reduced -95.3k -95,341
51 Cavalier Investments, LLC 2.89% of their portfolio ALPHARETTA, GA 39,62239.6k $8.0m $8.0m 2.89% Reduced -2.0k -2,048
52 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 38,50238.5k $7.8m $7.8m 0.03% Added +31.6k +31,640
53 Bedell Frazier Investment Counselling, LLC 1.99% of their portfolio Walnut Creek, CA 37,40537.4k $7.6m $7.6m 1.99% New
54 Edge Capital Group, LLC 0.53% of their portfolio ATLANTA, GA 37,18537.2k $7.5m $7.5m 0.53% Added +15.2k +15,244
55 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 34,93934.9k $7.1m $7.1m 0.00% Added +25 +25
56 Cetera Advisor Networks LLC 0.06% of their portfolio EL SEGUNDO, CA 34,78034.8k $7.1m $7.1m 0.06% Added +1.8k +1,775
57 Edmonds Duncan Registered Investment Advisors, LLC 2.03% of their portfolio LAWRENCE, KS 30,72630.7k $6.2m $6.2m 2.03% Added +4.1k +4,145
58 WOLVERINE TRADING, LLC 0.10% of their portfolio CHICAGO, IL 29,95630.0k $6.1m $6.1m 0.10% Added +1.0k +1,018
59 EDMOND DE ROTHSCHILD HOLDING S.A. 0.14% of their portfolio CHAMBESY, V8 29,44129.4k $6.0m $6.0m 0.14% Reduced -435 -435
60 Schonfeld Strategic Advisors LLC 0.05% of their portfolio NEW YORK, NY 27,17027.2k $5.5m $5.5m 0.05% New
61 LYELL WEALTH MANAGEMENT, LP 0.86% of their portfolio MENLO PARK, CA 26,74826.7k $5.4m $5.4m 0.86% Reduced -183 -183
62 GARDA CAPITAL PARTNERS LP 4.96% of their portfolio WAYZATA, MN 26,31926.3k $5.3m $5.3m 4.96% First filing
63 SG Americas Securities, LLC 0.07% of their portfolio NEW YORK, NY 24,13824.1k $4.9m $4.9m 0.07% Reduced -5.7k -5,746
64 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 23,64023.6k $4.8m $4.8m 0.01% Added +9.2k +9,150
65 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 21,21921.2k $4.3m $4.3m 0.01% Reduced -4.5k -4,464
66 STEVENS CAPITAL MANAGEMENT LP 2.72% of their portfolio RADNOR, PA 21,20021.2k $4.3m $4.3m 2.72% New
67 Brevan Howard Capital Management LP 1.24% of their portfolio ST. HELIER, Y9 21,00021.0k $4.3m $4.3m 1.24% New
68 Lido Advisors, LLC 0.07% of their portfolio Los Angeles, CA 20,87120.9k $4.2m $4.2m 0.07% Added +180 +180
69 MMBG INVESTMENT ADVISORS CO. 0.56% of their portfolio MIAMI, FL 20,71120.7k $4.2m $4.2m 0.56% Added +219 +219
70 KWMG, LLC 0.57% of their portfolio OVERLAND PARK, KS 19,87719.9k $4.0m $4.0m 0.57% Added +446 +446
71 Plotkin Financial Advisors, LLC 4.09% of their portfolio CHEVY CHASE, MD 19,86319.9k $4.0m $4.0m 4.09% Reduced -2.1k -2,090
72 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 19,00919.0k $3.9m $3.9m 0.00% First filing
73 Rezny Wealth Management, Inc. 1.43% of their portfolio Fort Myers, FL 18,29818.3k $3.7m $3.7m 1.43% Added +201 +201
74 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 17,93017.9k $3.6m $3.6m 0.01% Reduced -1.5k -1,465
75 Optiver Holding B.V. 0.22% of their portfolio AMSTERDAM, P7 17,78917.8k $3.6m $3.6m 0.22% Reduced -152.1k -152,113
76 Joseph P. Lucia & Associates, LLC 2.64% of their portfolio Yorktown Heights, NY 17,35317.4k $3.5m $3.5m 2.64% Reduced -643 -643
77 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 17,07017.1k $3.5m $3.5m 0.02% Added +5.8k +5,805
78 SG Capital Management LLC 2.06% of their portfolio CHICAGO, IL 17,02317.0k $3.5m $3.5m 2.06% New
79 OLD MISSION CAPITAL LLC 0.15% of their portfolio CHICAGO, IL 16,87116.9k $3.4m $3.4m 0.15% New
80 EP Wealth Advisors, LLC 0.06% of their portfolio TORRANCE, CA 16,84716.8k $3.4m $3.4m 0.06% New
81 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 16,76316.8k $3.4m $3.4m 0.00% New
82 Ameritas Advisory Services, LLC 0.16% of their portfolio Lincoln, NE 16,52316.5k $3.4m $3.4m 0.16% Added +1.7k +1,722
83 SCOTIA CAPITAL INC. 0.03% of their portfolio TORONTO, A6 16,41616.4k $3.3m $3.3m 0.03% Added +1.4k +1,429
84 Chevy Chase Trust Holdings, LLC 0.01% of their portfolio BETHESDA, MD 16,20116.2k $3.3m $3.3m 0.01% New
85 NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio TOKYO, M0 16,10016.1k $3.3m $3.3m 0.02% Reduced -4.4k -4,400
86 Fifth Third Securities, Inc. 0.42% of their portfolio Cincinnati, OH 15,87815.9k $3.2m $3.2m 0.42% Added +6.2k +6,170
87 J.W. COLE ADVISORS, INC. 0.25% of their portfolio TAMPA, FL 15,77915.8k $3.2m $3.2m 0.25% Reduced -272 -272
88 HARBOUR INVESTMENTS, INC. 0.19% of their portfolio MADISON, WI 15,68915.7k $3.2m $3.2m 0.19% Added +12.5k +12,463
89 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 15,60415.6k $3.2m $3.2m 0.01% New
90 Mint Tower Capital Management B.V. 0.35% of their portfolio AMSTERDAM, P7 15,46815.5k $3.1m $3.1m 0.35% Added +10.5k +10,458
91 Triumph Capital Management 1.68% of their portfolio DENVER, CO 15,46315.5k $3.1m $3.1m 1.68% Added +1.1k +1,112
92 ARS Investment Partners, LLC 0.42% of their portfolio New York, NY 15,38715.4k $3.1m $3.1m 0.42% Reduced -937 -937
93 Advisory Services Network, LLC 0.10% of their portfolio ATLANTA, GA 15,31015.3k $3.1m $3.1m 0.10% Added +629 +629
94 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 14,85014.8k $3.0m $3.0m 0.01% Added +3.7k +3,684
95 BBJS FINANCIAL ADVISORS, LLC 1.31% of their portfolio SEATTLE, WA 14,35414.4k $2.9m $2.9m 1.31% First filing
96 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 14,15514.2k $2.9m $2.9m 0.02% Added +1.0k +1,029
97 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 13,65513.7k $2.8m $2.8m 0.01% New
98 Atria Wealth Solutions, Inc. 0.04% of their portfolio NEW YORK, NY 13,58613.6k $2.8m $2.8m 0.04% Reduced -1.3k -1,331
99 CONSOLIDATED CAPITAL MANAGEMENT, LLC 1.64% of their portfolio BURBANK, CA 13,56213.6k $2.8m $2.8m 1.64% Reduced -166 -166
100 Rothschild Capital Partners, LLC 1.16% of their portfolio NEW YORK, NY 13,46713.5k $2.7m $2.7m 1.16% Added +6 +6