Vault-13

VANECK ETF TRUST SMH

SEMICONDUCTR ETF · ETP · CUSIP 92189F676 · ISIN US92189F6768

488 institutional holders +56 vs Q4 2022
23,322,08223.3m shares reported held*
$6.1bnreported value*
117 new 155 added 137 reduced 62 sold out net bought ≈ $221.1m (+960.9k 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 ($5.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $261.52. Options: 31 managers hold calls ($1.9bn notional), 45 hold puts ($3.0bn).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 390Q4 22: 432Q1 23: 488488Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022390
Q4 2022432
Q1 2023488

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 212 bought or addedQ4 22: 203 cut or sold outQ4 22Q1 23: 272 bought or addedQ1 23: 199 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022212203
Q1 2023272199

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 1.29Q1 23 calls: $1.9bnQ1 23 puts: $3.0bnQ1 23P/C 1.57
Numbers
QuarterCallsPutsP/C
Q3 2022$1.3bn$1.8bn1.42
Q4 2022$1.6bn$2.0bn1.29
Q1 2023$1.9bn$3.0bn1.57

Biggest buyers

GOLDMAN SACHS GROUP INC Added +1,586,427+1.6m
D. E. Shaw & Co., Inc. New +379,400+379.4k
Parallax Volatility Advisers, L.P. Added +349,450+349.4k
BNP PARIBAS FINANCIAL MARKETS Added +295,255+295.3k
BARCLAYS PLC Added +259,978+260.0k
JANE STREET GROUP, LLC Added +237,394+237.4k
ROYAL BANK OF CANADA Added +163,244+163.2k
JPMORGAN CHASE & CO Added +160,662+160.7k
UBS Group AG Added +152,704+152.7k
MONEY CONCEPTS CAPITAL CORP Added +150,785+150.8k

Biggest sellers

CITIGROUP INC Reduced -748,476-748.5k
CI INVESTMENTS INC. Reduced -683,569-683.6k
BANK OF AMERICA CORP /DE/ Reduced -664,192-664.2k
Migdal Insurance & Financial Holdings Ltd. Sold out -432,000-432.0k
WELLS FARGO & COMPANY/MN Reduced -310,134-310.1k
Twin Tree Management, LP Reduced -264,025-264.0k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -250,000-250.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -130,457-130.5k
Quantitative Investment Management, LLC Sold out -78,591-78.6k
Wolf Hill Capital Management, LP Sold out -75,000-75.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $538.9m2.0m shares
CITADEL ADVISORS LLC Added $509.5m1.9m shares
GOLDMAN SACHS GROUP INC Added $189.9m721.5k shares
MILLENNIUM MANAGEMENT LLC Added $131.9m501.2k shares
BANK OF AMERICA CORP /DE/ Reduced $88.9m337.7k shares
Walleye Trading LLC Reduced $78.5m298.4k shares
WOLVERINE TRADING, LLC Added $71.1m272.1k shares
Parallax Volatility Advisers, L.P. Reduced $60.4m229.5k shares
CAPITAL FUND MANAGEMENT S.A. Added $58.4m221.9k shares
PEAK6 Investments LLC Reduced $54.8m208.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $665.9m2.5m shares
CITADEL ADVISORS LLC Reduced $602.8m2.3m shares
GOLDMAN SACHS GROUP INC Added $336.0m1.3m shares
MAPLELANE CAPITAL, LLC New $171.1m650.0k shares
PEAK6 Investments LLC Added $141.6m538.1k shares
MILLENNIUM MANAGEMENT LLC Added $139.0m528.0k shares
Walleye Trading LLC Added $125.9m478.3k shares
WOLVERINE TRADING, LLC Reduced $94.8m362.6k shares
CAPITAL FUND MANAGEMENT S.A. Added $88.3m335.5k shares
Parallax Volatility Advisers, L.P. Added $71.9m273.2k 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.12% of their portfolio CHARLOTTE, NC 4,016,0734.0m $1.1bn $1.1bn 0.12% Reduced -664.2k -664,192
2 GOLDMAN SACHS GROUP INC 0.24% of their portfolio NEW YORK, NY 3,432,5403.4m $903.4m $903.4m 0.24% Added +1.6m +1,586,427
3 Fisher Asset Management, LLC 0.29% of their portfolio PLANO, TX 1,803,0261.8m $474.5m $474.5m 0.29% Added +59.7k +59,695
4 JANE STREET GROUP, LLC 0.49% of their portfolio NEW YORK, NY 1,080,4671.1m $284.4m $284.4m 0.49% Added +237.4k +237,394
5 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.46% of their portfolio TORONTO, A6 980,000980.0k $257.9m $257.9m 1.46% Reduced -250.0k -250,000
6 BNP PARIBAS FINANCIAL MARKETS 0.52% of their portfolio PARIS, I0 923,905923.9k $243.2m $243.2m 0.52% Added +295.3k +295,255
7 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 801,595801.6k $211.0m $211.0m 0.02% Reduced -9.2k -9,246
8 UBS Group AG 0.09% of their portfolio ZURICH, V8 756,783756.8k $199.2m $199.2m 0.09% Added +152.7k +152,704
9 CITIGROUP INC 0.24% of their portfolio NEW YORK, NY 669,572669.6k $176.2m $176.2m 0.24% Reduced -748.5k -748,476
10 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 425,381425.4k $112.0m $112.0m 0.01% Added +160.7k +160,662
11 CI INVESTMENTS INC. 0.51% of their portfolio TORONTO, Z4 382,183382.2k $100.6m $100.6m 0.51% Reduced -683.6k -683,569
12 D. E. Shaw & Co., Inc. 0.16% of their portfolio New York, NY 379,400379.4k $99.9m $99.9m 0.16% New
13 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 358,679358.7k $94.4m $94.4m 0.07% Added +34.9k +34,859
14 Parallax Volatility Advisers, L.P. 3.23% of their portfolio San Francisco, CA 349,451349.5k $92.0m $92.0m 3.23% Added +349.4k +349,450
15 MEITAV INVESTMENT HOUSE LTD 1.41% of their portfolio BENE-BERAQ, L3 314,808314.8k $81.7m $81.7m 1.41% Added +113.5k +113,513
16 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 279,345279.3k $73.5m $73.5m 0.02% Added +163.2k +163,244
17 BARCLAYS PLC 0.08% of their portfolio LONDON, X0 278,987279.0k $73.4m $73.4m 0.08% Added +260.0k +259,978
18 CANADA PENSION PLAN INVESTMENT BOARD 0.11% of their portfolio TORONTO ONTARIO, A6 270,000270.0k $71.1m $71.1m 0.11% Unchanged
19 Main Management ETF Advisors, LLC 5.98% of their portfolio SAN FRANCISCO, CA 267,750267.8k $70.5m $70.5m 5.98% Added +7.1k +7,140
20 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 254,565254.6k $67.0m $67.0m 0.02% Reduced -310.1k -310,134
21 Thrivent Financial for Lutherans 0.13% of their portfolio Minneapolis, MN 204,769204.8k $53.8m $53.8m 0.13% Added +26.5k +26,503
22 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 196,846196.8k $51.8m $51.8m 0.06% Reduced -52.7k -52,744
23 Woodline Partners LP 0.63% of their portfolio San Francisco, CA 168,056168.1k $44.2m $44.2m 0.63% Reduced -69.8k -69,767
24 Main Management LLC 4.37% of their portfolio SAN FRANCISCO, CA 156,676156.7k $41.2m $41.2m 4.37% Added +105 +105
25 MONEY CONCEPTS CAPITAL CORP 0.07% of their portfolio PALM BEACH GARDENS, FL 156,430156.4k $1.2m $1.2m 0.07% Added +150.8k +150,785
26 BANK OF NOVA SCOTIA 0.12% of their portfolio TORONTO, A6 152,965153.0k $40.3m $40.3m 0.12% Added +141.6k +141,575
27 Portfolio Strategies, Inc. 6.79% of their portfolio MONTVALE, NJ 132,460132.5k $34.9m $34.9m 6.79% Reduced -595 -595
28 CIBC WORLD MARKET INC. 0.11% of their portfolio TORONTO, A6 111,698111.7k $29.4m $29.4m 0.11% Added +73.2k +73,196
29 LMR Partners LLP 0.49% of their portfolio LONDON, X0 101,621101.6k $26.7m $26.7m 0.49% Reduced -2.3k -2,345
30 Diversified, LLC 9.32% of their portfolio Wilmington, DE 98,91898.9k $26.0m $26.0m 9.32% Added +1.5k +1,536
31 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 95,20195.2k $25.0m $25.0m 0.05% Added +25.1k +25,144
32 Main Management Fund Advisors LLC 10.85% of their portfolio SAN FRANCISCO, CA 94,60094.6k $24.9m $24.9m 10.85% Added +14.4k +14,400
33 BlackRock Inc. 0.00% of their portfolio New York, NY 89,49889.5k $23.6m $23.6m 0.00% Reduced -50.0k -50,000
34 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 83,19583.2k $21.9m $21.9m 0.01% Added +20.4k +20,355
35 Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 1.33% of their portfolio Tel Aviv, L3 81,30081.3k $21.4m $21.4m 1.33% New
36 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 80,94280.9k $21.3m $21.3m 0.02% Reduced -10.4k -10,369
37 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 76,92576.9k $20.2m $20.2m 0.03% Reduced -20.4k -20,375
38 SOROS CAPITAL MANAGEMENT LLC 14.60% of their portfolio New York, NY 76,22576.2k $20.1m $20.1m 14.60% New
39 Graham Capital Management, L.P. 0.69% of their portfolio ROWAYTON, CT 75,26275.3k $19.8m $19.8m 0.69% Added +7.8k +7,762
40 HRT FINANCIAL LP 0.24% of their portfolio NEW YORK, NY 74,06774.1k $19.5m $19.5m 0.24% New
41 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 72,95873.0k $19.2m $19.2m 0.09% Added +24.0k +24,034
42 J. Goldman & Co LP 1.04% of their portfolio NEW YORK, NY 67,81767.8k $17.8m $17.8m 1.04% Reduced -10.1k -10,111
43 J.P. Morgan Private Wealth Advisors LLC 0.04% of their portfolio SAN FRANCISCO, CA 66,72666.7k $17.6m $17.6m 0.04% Added +793 +793
44 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 66,54466.5k $17.5m $17.5m 0.04% Added +19.0k +18,972
45 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 64,28864.3k $16.9m $16.9m 0.03% Added +7.0k +6,968
46 Brevan Howard Capital Management LP 3.59% of their portfolio ST. HELIER, Y9 62,00062.0k $16.3m $16.3m 3.59% Added +41.0k +41,000
47 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 55,55555.6k $14.6m $14.6m 0.03% Added +41.9k +41,900
48 NewEdge Wealth, LLC 0.55% of their portfolio STAMFORD, CT 54,80354.8k $14.4m $14.4m 0.55% Added +3.9k +3,912
49 Tower Research Capital LLC (TRC) 0.41% of their portfolio NEW YORK, NY 48,57648.6k $12.8m $12.8m 0.41% New
50 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 45,76345.8k $12.0m $12.0m 0.01% Added +10.8k +10,824
51 Round Rock Advisors LLC 4.43% of their portfolio WILTON, CT 43,93743.9k $11.6m $11.6m 4.43% Added +1.5k +1,517
52 Twin Tree Management, LP 0.33% of their portfolio DALLAS, TX 43,88943.9k $11.6m $11.6m 0.33% Reduced -264.0k -264,025
53 Cavalier Investments, LLC 4.81% of their portfolio ALPHARETTA, GA 42,07142.1k $11.1m $11.1m 4.81% Added +2.4k +2,449
54 Rye Brook Capital LLC 6.62% of their portfolio GREENWICH, CT 41,15041.1k $10.8m $10.8m 6.62% Reduced -1.5k -1,500
55 TD Waterhouse Canada Inc. 0.11% of their portfolio TORONTO, A6 40,26240.3k $11.1m $11.1m 0.11% Reduced -579 -579
56 Ardmore Road Asset Management LP 4.72% of their portfolio WESTPORT, CT 40,00040.0k $10.5m $10.5m 4.72% New
57 Miller Investment Management, LP 1.73% of their portfolio WEST CONSHOHOCKEN, PA 39,70839.7k $10.5m $10.5m 1.73% Reduced -1.2k -1,238
58 Edge Capital Group, LLC 0.59% of their portfolio ATLANTA, GA 36,47036.5k $9.6m $9.6m 0.59% Reduced -715 -715
59 Black Swift Group, LLC 3.22% of their portfolio BOULDER, CO 33,10033.1k $9.2m $9.2m 3.22% New
60 Cetera Advisor Networks LLC 0.06% of their portfolio EL SEGUNDO, CA 32,14832.1k $8.5m $8.5m 0.06% Reduced -2.6k -2,632
61 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 30,84930.8k $8.1m $8.1m 0.01% Reduced -8.9k -8,933
62 Edmonds Duncan Registered Investment Advisors, LLC 2.49% of their portfolio LAWRENCE, KS 30,55930.6k $8.0m $8.0m 2.49% Reduced -167 -167
63 HARBOUR INVESTMENTS, INC. 0.42% of their portfolio MADISON, WI 29,29429.3k $7.7m $7.7m 0.42% Added +13.6k +13,605
64 WOLVERINE TRADING, LLC 0.22% of their portfolio CHICAGO, IL 27,90527.9k $7.3m $7.3m 0.22% Reduced -2.1k -2,051
65 LYELL WEALTH MANAGEMENT, LP 1.00% of their portfolio MENLO PARK, CA 27,19827.2k $7.2m $7.2m 1.00% Added +450 +450
66 Rothschild Capital Partners, LLC 2.80% of their portfolio NEW YORK, NY 25,93525.9k $6.8m $6.8m 2.80% Added +12.5k +12,468
67 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 25,16725.2k $6.6m $6.6m 0.02% New
68 Rezny Wealth Management, Inc. 2.42% of their portfolio Fort Myers, FL 24,92324.9k $6.6m $6.6m 2.42% Added +6.6k +6,625
69 EDMOND DE ROTHSCHILD HOLDING S.A. 0.15% of their portfolio CHAMBESY, V8 24,87424.9k $6.5m $6.5m 0.15% Reduced -4.6k -4,567
70 Fullerton Fund Management Co Ltd. 0.49% of their portfolio SINGAPORE, U0 24,50024.5k $6.4m $6.4m 0.49% New
71 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 23,93623.9k $6.3m $6.3m 0.01% Added +296 +296
72 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 23,82023.8k $6.3m $6.3m 0.03% Added +9.0k +8,970
73 PRUDENTIAL PLC 0.07% of their portfolio LONDON, X0 23,64023.6k $6.2m $6.2m 0.07% Added +21.1k +21,150
74 Yarbrough Capital, LLC 0.50% of their portfolio FRANKLIN, TN 23,49423.5k $6.2m $6.2m 0.50% Added +18.5k +18,494
75 RWQ Financial Management Services, Inc. 7.23% of their portfolio NAPLES, FL 22,90522.9k $6.0m $6.0m 7.23% New
76 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 22,19022.2k $5.8m $5.8m 0.01% New
77 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 21,46721.5k $5.7m $5.7m 0.01% Added +3.5k +3,537
78 Lido Advisors, LLC 0.08% of their portfolio Los Angeles, CA 20,92120.9k $5.5m $5.5m 0.08% Added +50 +50
79 Pine Valley Investments Ltd Liability Co 0.38% of their portfolio MARLTON, NJ 20,53620.5k $2.5m $2.5m 0.38% First filing
80 MMBG INVESTMENT ADVISORS CO. 0.68% of their portfolio MIAMI, FL 20,36720.4k $5.4m $5.4m 0.68% Reduced -344 -344
81 KWMG, LLC 0.71% of their portfolio OVERLAND PARK, KS 20,03720.0k $5.3m $5.3m 0.71% Added +160 +160
82 Y.D. More Investments Ltd 1.18% of their portfolio Ramat Gan, L3 19,85519.9k $5.2m $5.2m 1.18% Added +19.8k +19,808
83 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 19,24819.2k $5.1m $5.1m 0.04% Added +2.8k +2,832
84 STEVENS CAPITAL MANAGEMENT LP 1.25% of their portfolio RADNOR, PA 19,20819.2k $5.1m $5.1m 1.25% Reduced -2.0k -1,992
85 Plotkin Financial Advisors, LLC 4.68% of their portfolio CHEVY CHASE, MD 19,10419.1k $5.0m $5.0m 4.68% Reduced -759 -759
86 Q3 Asset Management 4.13% of their portfolio BIRMINGHAM, MI 18,81418.8k $4.9m $4.9m 4.13% New
87 NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio TOKYO, M0 18,70018.7k $4.9m $4.9m 0.03% Added +2.6k +2,600
88 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 18,11418.1k $4.8m $4.8m 0.02% New
89 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 17,78717.8k $4.7m $4.7m 0.02% Added +717 +717
90 Gladstone Institutional Advisory LLC 0.30% of their portfolio Bedminster, NJ 17,64617.6k $4.6m $4.6m 0.30% Added +15.2k +15,179
91 Joseph P. Lucia & Associates, LLC 3.20% of their portfolio Yorktown Heights, NY 17,45017.4k $4.6m $4.6m 3.20% Added +97 +97
92 Man Group plc 0.02% of their portfolio LONDON, X0 16,67616.7k $4.4m $4.4m 0.02% New
93 Prospera Financial Services Inc 0.18% of their portfolio Dallas, TX 16,60216.6k $4.4m $4.4m 0.18% Added +6.1k +6,073
94 J.W. COLE ADVISORS, INC. 0.31% of their portfolio TAMPA, FL 16,51016.5k $4.3m $4.3m 0.31% Added +731 +731
95 Empowered Funds, LLC 0.25% of their portfolio NEWTOWN SQUARE, PA 16,06716.1k $4.2m $4.2m 0.25% New
96 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 15,42615.4k $4.1m $4.1m 0.01% Added +3.9k +3,882
97 RWA WEALTH PARTNERS, LLC 0.10% of their portfolio BOSTON, MA 15,41715.4k $4.1m $4.1m 0.10% Added +11.6k +11,627
98 ARS Investment Partners, LLC 0.48% of their portfolio New York, NY 15,31215.3k $4.0m $4.0m 0.48% Reduced -75 -75
99 Fifth Third Securities, Inc. 0.46% of their portfolio Cincinnati, OH 15,26115.3k $4.0m $4.0m 0.46% Reduced -617 -617
100 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 15,18315.2k $4.0m $4.0m 0.00% Reduced -1.6k -1,580