Vault-13

VANECK ETF TRUST SMH

SEMICONDUCTR ETF · ETP · CUSIP 92189F676 · ISIN US92189F6768

529 institutional holders +41 vs Q1 2023
38,915,13138.9m shares reported held*
$5.9bnreported value*
85 new 180 added 168 reduced 57 sold out net sold ≈ $1.2bn (-8.1m shares)

Q1 2023 share counts are adjusted for a 2-for-1 stock split, so holders aren't shown as buying or selling because of it.

* 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 ($3.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $151.23. Options: 31 managers hold calls ($1.8bn notional), 45 hold puts ($3.0bn).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 390Q4 22: 432Q1 23: 488Q2 23: 529529Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022390
Q4 2022432
Q1 2023488
Q2 2023529

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 23Q2 23: 265 bought or addedQ2 23: 225 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022212203
Q1 2023272199
Q2 2023265225

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bn$4bnQ3 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 1.57Q2 23 calls: $1.8bnQ2 23 puts: $3.0bnQ2 23P/C 1.72
Numbers
QuarterCallsPutsP/C
Q3 2022$1.3bn$1.8bn1.42
Q4 2022$1.6bn$2.0bn1.29
Q1 2023$1.9bn$3.0bn1.57
Q2 2023$1.8bn$3.0bn1.72

Biggest buyers

JANE STREET GROUP, LLC Added +852,852+852.9k
Migdal Insurance & Financial Holdings Ltd. New +429,000+429.0k
CITADEL ADVISORS LLC Added +379,649+379.6k
MILLENNIUM MANAGEMENT LLC Added +330,281+330.3k
EP Wealth Advisors, LLC Added +268,506+268.5k
Squarepoint Ops LLC New +125,108+125.1k
Cetera Advisors LLC Added +115,108+115.1k
LPL Financial LLC Added +109,397+109.4k
Fisher Asset Management, LLC Added +105,722+105.7k
Center Lake Capital Management, LLC New +100,000+100.0k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -4,157,546-4.2m
BNP PARIBAS FINANCIAL MARKETS Reduced -980,494-980.5k
CITIGROUP INC Reduced -859,316-859.3k
D. E. Shaw & Co., Inc. Sold out -758,800-758.8k
BARCLAYS PLC Reduced -409,639-409.6k
UBS Group AG Reduced -391,876-391.9k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -350,000-350.0k
Parallax Volatility Advisers, L.P. Reduced -346,866-346.9k
Woodline Partners LP Sold out -336,112-336.1k
MONEY CONCEPTS CAPITAL CORP Reduced -304,014-304.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $477.6m3.1m shares
CITADEL ADVISORS LLC Reduced $412.8m2.7m shares
PEAK6 Investments LLC Added $178.3m1.2m shares
Walleye Trading LLC Added $158.4m1.0m shares
CAPITAL FUND MANAGEMENT S.A. Added $72.7m477.6k shares
LMR Partners LLP New $63.9m420.0k shares
WOLVERINE TRADING, LLC Reduced $61.3m408.8k shares
BANK OF AMERICA CORP /DE/ Reduced $54.0m355.0k shares
Squarepoint Ops LLC New $49.7m326.4k shares
BNP PARIBAS FINANCIAL MARKETS Added $42.1m2.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $701.5m4.6m shares
BNP PARIBAS FINANCIAL MARKETS New $627.5m41.2k shares
CITADEL ADVISORS LLC Reduced $616.6m4.0m shares
MILLENNIUM MANAGEMENT LLC Added $201.4m1.3m shares
Walleye Trading LLC Reduced $93.4m613.6k shares
PEAK6 Investments LLC Reduced $74.4m488.4k shares
WOLVERINE TRADING, LLC Reduced $73.9m493.0k shares
Polar Asset Management Partners Inc. Added $70.9m465.9k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $70.2m460.8k shares
BANK OF AMERICA CORP /DE/ Reduced $69.8m458.7k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.14% of their portfolio CHARLOTTE, NC 7,858,2817.9m $1.2bn $1.2bn 0.14% Reduced -173.9k -173,865
2 Fisher Asset Management, LLC 0.31% of their portfolio PLANO, TX 3,711,7743.7m $565.1m $565.1m 0.31% Added +105.7k +105,722
3 JANE STREET GROUP, LLC 0.62% of their portfolio NEW YORK, NY 3,013,7863.0m $458.8m $458.8m 0.62% Added +852.9k +852,852
4 GOLDMAN SACHS GROUP INC 0.11% of their portfolio NEW YORK, NY 2,707,5342.7m $412.2m $412.2m 0.11% Reduced -4.2m -4,157,546
5 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.10% of their portfolio TORONTO, A6 1,610,0001.6m $245.1m $245.1m 1.10% Reduced -350.0k -350,000
6 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,406,9041.4m $214.2m $214.2m 0.02% Reduced -196.3k -196,286
7 UBS Group AG 0.07% of their portfolio ZURICH, V8 1,121,6901.1m $170.8m $170.8m 0.07% Reduced -391.9k -391,876
8 BNP PARIBAS FINANCIAL MARKETS 0.26% of their portfolio PARIS, I0 867,316867.3k $132.0m $132.0m 0.26% Reduced -980.5k -980,494
9 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 826,755826.8k $125.9m $125.9m 0.09% Added +109.4k +109,397
10 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 781,438781.4k $119.0m $119.0m 0.01% Reduced -69.3k -69,324
11 CITADEL ADVISORS LLC 0.13% of their portfolio MIAMI, FL 773,341773.3k $117.7m $117.7m 0.13% Added +379.6k +379,649
12 MEITAV INVESTMENT HOUSE LTD 0.73% of their portfolio BENE-BERAQ, L3 608,242608.2k $91.4m $91.4m 0.73% Reduced -21.4k -21,374
13 CI INVESTMENTS INC. 0.45% of their portfolio TORONTO, Z4 582,360582.4k $88.7m $88.7m 0.45% Reduced -182.0k -182,006
14 Main Management ETF Advisors, LLC 6.29% of their portfolio SAN FRANCISCO, CA 570,180570.2k $86.8m $86.8m 6.29% Added +34.7k +34,680
15 CANADA PENSION PLAN INVESTMENT BOARD 0.12% of their portfolio TORONTO ONTARIO, A6 540,000540.0k $82.2m $82.2m 0.12% Unchanged
16 CITIGROUP INC 0.09% of their portfolio NEW YORK, NY 479,828479.8k $73.1m $73.1m 0.09% Reduced -859.3k -859,316
17 Thrivent Financial for Lutherans 0.15% of their portfolio Minneapolis, MN 436,010436.0k $66.1m $66.1m 0.15% Added +26.5k +26,472
18 Migdal Insurance & Financial Holdings Ltd. 1.51% of their portfolio Petach Tikva, L3 429,000429.0k $65.3m $65.3m 1.51% New
19 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 391,979392.0k $59.7m $59.7m 0.06% Added +330.3k +330,281
20 Parallax Volatility Advisers, L.P. 1.84% of their portfolio San Francisco, CA 352,036352.0k $53.6m $53.6m 1.84% Reduced -346.9k -346,866
21 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 344,675344.7k $52.5m $52.5m 0.02% Reduced -164.5k -164,455
22 Main Management LLC 4.89% of their portfolio SAN FRANCISCO, CA 316,317316.3k $48.2m $48.2m 4.89% Added +3.0k +2,965
23 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 310,677310.7k $47.3m $47.3m 0.01% Reduced -248.0k -248,013
24 EP Wealth Advisors, LLC 0.06% of their portfolio TORRANCE, CA 282,144282.1k $4.1m $4.1m 0.06% Added +268.5k +268,506
25 Portfolio Strategies, Inc. 7.22% of their portfolio MONTVALE, NJ 262,440262.4k $40.0m $40.0m 7.22% Reduced -2.5k -2,480
26 CIBC WORLD MARKET INC. 0.13% of their portfolio TORONTO, A6 249,500249.5k $38.0m $38.0m 0.13% Added +26.1k +26,104
27 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 242,727242.7k $37.0m $37.0m 0.01% Added +76.3k +76,337
28 Main Management Fund Advisors LLC 11.33% of their portfolio SAN FRANCISCO, CA 231,100231.1k $35.2m $35.2m 11.33% Added +41.9k +41,900
29 Rockefeller Capital Management L.P. 0.13% of their portfolio NEW YORK, NY 227,044227.0k $33.5m $33.5m 0.13% First filing
30 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 200,471200.5k $30.5m $30.5m 0.05% Added +10.1k +10,069
31 LMR Partners LLP 0.69% of their portfolio LONDON, X0 200,052200.1k $30.5m $30.5m 0.69% Reduced -3.2k -3,190
32 Twin Tree Management, LP 0.57% of their portfolio DALLAS, TX 180,847180.8k $27.5m $27.5m 0.57% Added +93.1k +93,069
33 Diversified, LLC 6.35% of their portfolio Wilmington, DE 163,758163.8k $24.9m $24.9m 6.35% Reduced -34.1k -34,078
34 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 160,157160.2k $24.4m $24.4m 0.02% Reduced -1.7k -1,727
35 BlackRock Inc. 0.00% of their portfolio New York, NY 158,996159.0k $24.2m $24.2m 0.00% Reduced -20.0k -20,000
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 158,045158.0k $24.1m $24.1m 0.03% Added +4.2k +4,195
37 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 148,335148.3k $22.6m $22.6m 0.01% Reduced -409.6k -409,639
38 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 139,738139.7k $21.3m $21.3m 0.01% Added +48.2k +48,212
39 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 134,993135.0k $20.6m $20.6m 0.04% Added +6.4k +6,417
40 Squarepoint Ops LLC 0.11% of their portfolio NEW YORK, NY 125,108125.1k $19.0m $19.0m 0.11% New
41 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 121,869121.9k $18.6m $18.6m 0.08% Reduced -24.0k -24,047
42 Cetera Advisors LLC 0.29% of their portfolio DENVER, CO 121,560121.6k $18.5m $18.5m 0.29% Added +115.1k +115,108
43 NewEdge Wealth, LLC 0.59% of their portfolio STAMFORD, CT 115,283115.3k $17.6m $17.6m 0.59% Added +5.7k +5,677
44 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 111,751111.8k $17.0m $17.0m 0.03% Reduced -21.3k -21,337
45 J.P. Morgan Private Wealth Advisors LLC 0.08% of their portfolio SAN FRANCISCO, CA 107,067107.1k $16.3m $16.3m 0.08% Reduced -26.4k -26,385
46 Center Lake Capital Management, LLC 8.98% of their portfolio WEST PALM BEACH, FL 100,000100.0k $15.2m $15.2m 8.98% New
47 Kraft, Davis & Associates, LLC 4.86% of their portfolio St. Louis, MO 92,88192.9k $14.0m $14.0m 4.86% First filing
48 Cavalier Investments, LLC 4.98% of their portfolio ALPHARETTA, GA 89,86889.9k $13.7m $13.7m 4.98% Added +5.7k +5,726
49 Round Rock Advisors LLC 4.88% of their portfolio WILTON, CT 88,62988.6k $13.5m $13.5m 4.88% Added +755 +755
50 TD Waterhouse Canada Inc. 0.13% of their portfolio TORONTO, A6 82,10282.1k $13.3m $13.3m 0.13% Added +1.6k +1,578
51 Miller Investment Management, LP 1.84% of their portfolio WEST CONSHOHOCKEN, PA 79,34279.3k $12.1m $12.1m 1.84% Reduced -74 -74
52 Noked Israel Ltd 3.81% of their portfolio Ramat Hasharon, L3 73,06073.1k $11.1m $11.1m 3.81% Added +51.5k +51,520
53 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 63,04563.0k $9.6m $9.6m 0.05% Added +37.3k +37,275
54 HARBOUR INVESTMENTS, INC. 0.46% of their portfolio MADISON, WI 60,74060.7k $9.2m $9.2m 0.46% Added +2.2k +2,152
55 EHP Funds Inc. 2.59% of their portfolio TORONTO, Z4 60,00060.0k $9.1m $9.1m 2.59% New
56 WOLVERINE TRADING, LLC 0.11% of their portfolio CHICAGO, IL 56,47856.5k $8.5m $8.5m 0.11% Added +668 +668
57 Edge Capital Group, LLC 0.49% of their portfolio ATLANTA, GA 55,92455.9k $8.5m $8.5m 0.49% Reduced -17.0k -17,016
58 LYELL WEALTH MANAGEMENT, LP 1.07% of their portfolio MENLO PARK, CA 55,09255.1k $8.4m $8.4m 1.07% Added +696 +696
59 Alpine Global Management, LLC 1.16% of their portfolio NEW YORK, NY 52,65852.7k $8.0m $8.0m 1.16% Added +47.3k +47,276
60 Rothschild Capital Partners, LLC 2.91% of their portfolio NEW YORK, NY 51,87051.9k $7.9m $7.9m 2.91% Unchanged
61 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 51,56951.6k $7.9m $7.9m 0.02% Added +7.2k +7,189
62 Rezny Wealth Management, Inc. 2.61% of their portfolio Fort Myers, FL 50,82950.8k $7.7m $7.7m 2.61% Added +983 +983
63 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 50,37150.4k $7.7m $7.7m 0.03% Added +2.7k +2,731
64 NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio TOKYO, M0 48,60048.6k $7.4m $7.4m 0.03% Added +11.2k +11,200
65 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 47,94447.9k $7.3m $7.3m 0.06% Added +24.5k +24,458
66 One Capital Management, LLC 0.33% of their portfolio WESTLAKE VILLAGE, CA 47,34747.3k $7.2m $7.2m 0.33% Added +26.1k +26,123
67 Yarbrough Capital, LLC 0.41% of their portfolio FRANKLIN, TN 46,98847.0k $7.2m $7.2m 0.41% Unchanged
68 Cetera Advisor Networks LLC 0.05% of their portfolio EL SEGUNDO, CA 46,84446.8k $7.1m $7.1m 0.05% Reduced -17.5k -17,452
69 Intrua Financial, LLC 1.26% of their portfolio Houston, TX 46,47946.5k $7.1m $7.1m 1.26% New
70 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 45,55245.6k $6.9m $6.9m 0.01% Added +2.6k +2,618
71 Lido Advisors, LLC 0.08% of their portfolio Los Angeles, CA 45,46845.5k $6.9m $6.9m 0.08% Added +3.6k +3,626
72 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 44,67344.7k $6.8m $6.8m 0.01% Reduced -3.2k -3,199
73 Fullerton Fund Management Co Ltd. 0.47% of their portfolio SINGAPORE, U0 44,50044.5k $6.8m $6.8m 0.47% Reduced -4.5k -4,500
74 CAPITAL FUND MANAGEMENT S.A. 0.10% of their portfolio PARIS, I0 43,64843.6k $6.6m $6.6m 0.10% New
75 GTS SECURITIES LLC 0.21% of their portfolio NEW YORK, NY 43,48743.5k $6.6m $6.6m 0.21% First filing
76 EDMOND DE ROTHSCHILD HOLDING S.A. 0.13% of their portfolio CHAMBESY, V8 42,20242.2k $6.4m $6.4m 0.13% Reduced -7.5k -7,546
77 Horizon Wealth Management, LLC 2.53% of their portfolio LA GRANGE, IL 42,09542.1k $6.4m $6.4m 2.53% New
78 Piedmont Capital Management, LLC 4.75% of their portfolio WHITEFISH, MT 41,08441.1k $6.3m $6.3m 4.75% New
79 KWMG, LLC 0.77% of their portfolio OVERLAND PARK, KS 40,77240.8k $6.2m $6.2m 0.77% Added +698 +698
80 Prospera Financial Services Inc 0.23% of their portfolio Dallas, TX 40,00640.0k $6.1m $6.1m 0.23% Added +6.8k +6,802
81 Bluesphere Advisors LLC 4.17% of their portfolio EAST NORRITON, PA 39,29439.3k $6.0m $6.0m 4.17% Added +27.3k +27,314
82 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 38,81438.8k $5.9m $5.9m 0.04% Added +318 +318
83 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 38,38438.4k $5.8m $5.8m 0.01% Added +7.5k +7,532
84 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 37,19937.2k $5.7m $5.7m 0.03% Added +9.6k +9,639
85 Y.D. More Investments Ltd 1.30% of their portfolio Ramat Gan, L3 37,04837.0k $5.6m $5.6m 1.30% Reduced -2.7k -2,662
86 Joseph P. Lucia & Associates, LLC 3.77% of their portfolio Yorktown Heights, NY 37,03037.0k $5.6m $5.6m 3.77% Added +2.1k +2,130
87 RWQ Financial Management Services, Inc. 4.94% of their portfolio NAPLES, FL 36,95537.0k $5.6m $5.6m 4.94% Reduced -8.9k -8,855
88 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 36,48836.5k $5.6m $5.6m 0.02% Added +914 +914
89 Plotkin Financial Advisors, LLC 4.59% of their portfolio CHEVY CHASE, MD 36,25836.3k $5.5m $5.5m 4.59% Reduced -1.9k -1,950
90 MMBG INVESTMENT ADVISORS CO. 0.66% of their portfolio MIAMI, FL 35,93635.9k $5.4m $5.4m 0.66% Reduced -4.8k -4,798
91 Robertson Stephens Wealth Management, LLC 0.39% of their portfolio San Francisco, CA 35,22135.2k $5.4m $5.4m 0.39% Added +19.7k +19,667
92 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 34,31334.3k $5.3m $5.3m 0.00% Added +11.3k +11,253
93 Fifth Third Securities, Inc. 0.54% of their portfolio Cincinnati, OH 32,87032.9k $5.0m $5.0m 0.54% Added +2.3k +2,348
94 Mariner, LLC 0.01% of their portfolio Overland Park, KS 32,67332.7k $5.0m $5.0m 0.01% Added +14.6k +14,581
95 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 32,38032.4k $4.9m $4.9m 0.05% Added +9.2k +9,228
96 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 31,40031.4k $4.8m $4.8m 0.01% Reduced -79.7k -79,710
97 OPPENHEIMER & CO INC 0.10% of their portfolio NEW YORK, NY 31,21331.2k $4.8m $4.8m 0.10% Added +14.9k +14,877
98 Atria Wealth Solutions, Inc. 0.06% of their portfolio NEW YORK, NY 30,24530.2k $4.6m $4.6m 0.06% Added +6.0k +6,029
99 Ciovacco Capital Management LLC 3.62% of their portfolio ATLANTA, GA 29,50329.5k $4.5m $4.5m 3.62% Added +15.1k +15,051
100 Advisory Services Network, LLC 0.11% of their portfolio ATLANTA, GA 28,04828.0k $4.3m $4.3m 0.11% Reduced -534 -534