Vault-13

VANECK ETF TRUST SMH

SEMICONDUCTR ETF · ETP · CUSIP 92189F676 · ISIN US92189F6768

859 institutional holders +84 vs Q1 2024
49,120,47649.1m shares reported held*
$12.7bnreported value*
150 new 366 added 198 reduced 71 sold out net sold ≈ $1.3bn (-4.2m 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 ($11.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $257.66. Options: 43 managers hold calls ($5.1bn notional), 63 hold puts ($7.4bn).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 390Q4 22: 432Q1 23: 488Q2 23: 529Q3 23: 560Q4 23: 668Q1 24: 775Q2 24: 859859Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022390
Q4 2022432
Q1 2023488
Q2 2023529
Q3 2023560
Q4 2023668
Q1 2024775
Q2 2024859

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 212 bought or addedQ4 22: 203 cut or sold outQ4 22Q1 23: 272 bought or addedQ1 23: 199 cut or sold outQ2 23: 265 bought or addedQ2 23: 225 cut or sold outQ2 23Q3 23: 283 bought or addedQ3 23: 201 cut or sold outQ4 23: 364 bought or addedQ4 23: 216 cut or sold outQ4 23Q1 24: 468 bought or addedQ1 24: 246 cut or sold outQ2 24: 516 bought or addedQ2 24: 269 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022212203
Q1 2023272199
Q2 2023265225
Q3 2023283201
Q4 2023364216
Q1 2024468246
Q2 2024516269

Calls vs puts

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

CallsPuts
$0$2bn$4bn$6bn$8bnQ3 23 calls: $2.0bnQ3 23 puts: $2.5bnQ3 23P/C 1.25Q4 23 calls: $2.6bnQ4 23 puts: $3.5bnQ4 23P/C 1.34Q1 24 calls: $6.0bnQ1 24 puts: $6.1bnQ1 24P/C 1.02Q2 24 calls: $5.1bnQ2 24 puts: $7.4bnQ2 24P/C 1.46
Numbers
QuarterCallsPutsP/C
Q3 2023$2.0bn$2.5bn1.25
Q4 2023$2.6bn$3.5bn1.34
Q1 2024$6.0bn$6.1bn1.02
Q2 2024$5.1bn$7.4bn1.46

Biggest buyers

Squarepoint Ops LLC Added +723,874+723.9k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +514,000+514.0k
JPMORGAN CHASE & CO Added +498,088+498.1k
Migdal Insurance & Financial Holdings Ltd. Added +494,164+494.2k
LIBERTY WEALTH MANAGEMENT LLC Added +436,853+436.9k
Optiver Holding B.V. New +293,395+293.4k
LPL Financial LLC Added +281,312+281.3k
Quadrature Capital Ltd Added +258,572+258.6k
BANK OF NOVA SCOTIA Added +238,035+238.0k
J.Safra Asset Management Corp New +218,261+218.3k

Biggest sellers

Fisher Asset Management, LLC Reduced -2,419,972-2.4m
MORGAN STANLEY Reduced -2,347,466-2.3m
JANE STREET GROUP, LLC Reduced -2,123,060-2.1m
CI INVESTMENTS INC. Reduced -852,501-852.5k
CITADEL ADVISORS LLC Sold out -763,087-763.1k
BNP PARIBAS FINANCIAL MARKETS Reduced -517,411-517.4k
MOORE CAPITAL MANAGEMENT, LP Sold out -472,200-472.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -388,517-388.5k
MILLENNIUM MANAGEMENT LLC Reduced -152,733-152.7k
Discovery Value Fund Sold out -141,989-142.0k

Biggest calls

CITADEL ADVISORS LLC Reduced $1.3bn5.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $998.5m3.8m shares
PEAK6 Investments LLC Reduced $469.1m1.8m shares
UBS Group AG Reduced $345.8m1.3m shares
WELLS FARGO & COMPANY/MN Added $219.8m843.0k shares
CAPITAL FUND MANAGEMENT S.A. Added $190.6m731.2k shares
Squarepoint Ops LLC Reduced $161.8m620.5k shares
ExodusPoint Capital Management, LP Added $140.7m540.0k shares
Rokos Capital Management LLP New $101.6m390.0k shares
WOLVERINE TRADING, LLC Added $91.0m349.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.2bn4.8m shares
CITADEL ADVISORS LLC Reduced $965.2m3.7m shares
BANK OF AMERICA CORP /DE/ Reduced $907.6m3.5m shares
Herr Investment Group LLC Added $443.0m1.7m shares
BNP PARIBAS FINANCIAL MARKETS Reduced $426.2m16.4k shares
Parallax Volatility Advisers, L.P. Added $289.5m1.1m shares
Walleye Capital LLC Reduced $271.8m1.0m shares
MARSHALL WACE, LLP Added $249.5m957.0k shares
PEAK6 Investments LLC Added $245.9m943.2k shares
CAPITAL FUND MANAGEMENT S.A. Added $205.9m789.7k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.22% of their portfolio CHARLOTTE, NC 8,918,5208.9m $2.3bn $2.3bn 0.22% Reduced -76.0k -75,967
2 JANE STREET GROUP, LLC 1.11% of their portfolio NEW YORK, NY 3,921,8723.9m $1.0bn $1.0bn 1.11% Reduced -2.1m -2,123,060
3 GOLDMAN SACHS GROUP INC 0.13% of their portfolio NEW YORK, NY 2,532,5362.5m $660.2m $660.2m 0.13% Reduced -101.9k -101,886
4 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 1,824,5951.8m $475.7m $475.7m 0.04% Reduced -2.3m -2,347,466
5 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 1,759,2301.8m $458.6m $458.6m 0.02% Added +498.1k +498,088
6 LPL Financial LLC 0.21% of their portfolio FORT MILL, SC 1,629,6281.6m $424.8m $424.8m 0.21% Added +281.3k +281,312
7 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.26% of their portfolio TORONTO, A6 1,624,0001.6m $423.4m $423.4m 1.26% Added +514.0k +514,000
8 UBS Group AG 0.12% of their portfolio ZURICH, V8 1,510,6141.5m $393.8m $393.8m 0.12% Added +148.0k +148,026
9 BNP PARIBAS FINANCIAL MARKETS 0.32% of their portfolio PARIS, I0 1,118,9531.1m $291.7m $291.7m 0.32% Reduced -517.4k -517,411
10 Squarepoint Ops LLC 0.99% of their portfolio NEW YORK, NY 1,020,3351.0m $266.0m $266.0m 0.99% Added +723.9k +723,874
11 Migdal Insurance & Financial Holdings Ltd. 4.11% of their portfolio Petach Tikva, L3 944,164944.2k $246.1m $246.1m 4.11% Added +494.2k +494,164
12 BANK OF NOVA SCOTIA 0.48% of their portfolio TORONTO, A6 930,269930.3k $242.5m $242.5m 0.48% Added +238.0k +238,035
13 Fisher Asset Management, LLC 0.10% of their portfolio PLANO, TX 874,203874.2k $227.9m $227.9m 0.10% Reduced -2.4m -2,419,972
14 Main Management ETF Advisors, LLC 8.98% of their portfolio SAN FRANCISCO, CA 689,520689.5k $179.8m $179.8m 8.98% Added +17.3k +17,340
15 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 606,235606.2k $158.0m $158.0m 0.04% Added +203.3k +203,298
16 Saudi Central Bank 15.83% of their portfolio Riyadh, T0 602,006602.0k $156.9m $156.9m 15.83% Unchanged
17 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 550,551550.6k $143.5m $143.5m 0.04% Added +3.2k +3,167
18 CANADA PENSION PLAN INVESTMENT BOARD 0.14% of their portfolio TORONTO ONTARIO, A6 540,000540.0k $140.8m $140.8m 0.14% Unchanged
19 LIBERTY WEALTH MANAGEMENT LLC 0.00% of their portfolio OAKLAND, CA 438,641438.6k $476 $476 0.00% Added +436.9k +436,853
20 BlackRock Inc. 0.00% of their portfolio New York, NY 424,838424.8k $110.8m $110.8m 0.00% Reduced -25.0k -25,000
21 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 387,637387.6k $101.1m $101.1m 0.04% Added +107.9k +107,902
22 MEITAV INVESTMENT HOUSE LTD 1.78% of their portfolio BENE-BERAQ, L3 382,757382.8k $99.7m $99.7m 1.78% Added +148.7k +148,707
23 CITIGROUP INC 0.09% of their portfolio NEW YORK, NY 369,404369.4k $96.3m $96.3m 0.09% Reduced -141.2k -141,219
24 Cetera Investment Advisers 0.20% of their portfolio SCHAUMBURG, IL 326,484326.5k $85.1m $85.1m 0.20% Added +36.1k +36,137
25 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 324,066324.1k $84.5m $84.5m 0.02% Added +7.5k +7,451
26 Portfolio Strategies, Inc. 10.91% of their portfolio MONTVALE, NJ 307,096307.1k $80.0m $80.0m 10.91% Added +15.7k +15,693
27 Raymond James Financial Services Advisors, Inc. 0.11% of their portfolio ST. PETERSBURG, FL 306,634306.6k $79.9m $79.9m 0.11% Reduced -3.9k -3,872
28 Thrivent Financial for Lutherans 0.16% of their portfolio Minneapolis, MN 306,367306.4k $79.9m $79.9m 0.16% Reduced -10.6k -10,611
29 Rockefeller Capital Management L.P. 0.22% of their portfolio NEW YORK, NY 300,165300.2k $78.3m $78.3m 0.22% Added +48.8k +48,769
30 Optiver Holding B.V. 1.48% of their portfolio AMSTERDAM, P7 293,395293.4k $76.5m $76.5m 1.48% New
31 Main Management Fund Advisors LLC 13.43% of their portfolio SAN FRANCISCO, CA 286,000286.0k $74.6m $74.6m 13.43% Added +22.7k +22,700
32 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 275,761275.8k $71.9m $71.9m 0.07% Reduced -19.8k -19,789
33 Quadrature Capital Ltd 1.18% of their portfolio LONDON, X0 270,372270.4k $70.5m $70.5m 1.18% Added +258.6k +258,572
34 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 248,651248.7k $64.8m $64.8m 0.10% Reduced -22.2k -22,191
35 MML INVESTORS SERVICES, LLC 0.26% of their portfolio SPRINGFIELD, MA 244,210244.2k $63.7m $63.7m 0.26% Added +4.6k +4,600
36 Main Management LLC 5.26% of their portfolio SAN FRANCISCO, CA 243,859243.9k $63.6m $63.6m 5.26% Added +2.3k +2,342
37 Cambridge Investment Research Advisors, Inc. 0.23% of their portfolio FAIRFIELD, IA 241,219241.2k $62.9m $62.9m 0.23% Reduced -8.4k -8,359
38 OSAIC HOLDINGS, INC. 0.14% of their portfolio SCOTTSDALE, AZ 226,844226.8k $59.1m $59.1m 0.14% Added +11.7k +11,742
39 J.Safra Asset Management Corp 5.74% of their portfolio NEW YORK, NY 218,261218.3k $56.9m $56.9m 5.74% New
40 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 214,445214.4k $55.9m $55.9m 0.04% Added +27.9k +27,919
41 EHP Funds Inc. 26.23% of their portfolio TORONTO, Z4 203,600203.6k $53.1m $53.1m 26.23% Added +194.0k +194,000
42 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 176,560176.6k $46.9m $46.9m 0.01% Added +120.9k +120,851
43 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 173,015173.0k $45.1m $45.1m 0.02% Added +164.3k +164,332
44 PRUDENTIAL PLC 0.29% of their portfolio LONDON, X0 159,615159.6k $41.6m $41.6m 0.29% Reduced -56.8k -56,764
45 Moss Adams Wealth Advisors LLC 5.59% of their portfolio SEATTLE, WA 154,067154.1k $40.2m $40.2m 5.59% Added +13.7k +13,657
46 Diversified, LLC 4.43% of their portfolio Wilmington, DE 144,582144.6k $37.7m $37.7m 4.43% Added +5.2k +5,208
47 CIBC WORLD MARKET INC. 0.09% of their portfolio TORONTO, A6 141,774141.8k $37.0m $37.0m 0.09% Reduced -17.3k -17,316
48 Marks Wealth, LLC 16.17% of their portfolio ELLICOTT CITY, MD 140,537140.5k $36.6m $36.6m 16.17% New
49 Jump Financial, LLC 0.72% of their portfolio Chicago, IL 136,564136.6k $35.6m $35.6m 0.72% Added +102.5k +102,496
50 Cavalier Investments, LLC 10.77% of their portfolio ALPHARETTA, GA 134,257134.3k $35.0m $35.0m 10.77% Reduced -18.9k -18,948
51 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 133,167133.2k $34.7m $34.7m 0.04% Added +652 +652
52 Strategic Financial Concepts, LLC 0.06% of their portfolio SAN ANTONIO, TX 123,870123.9k $105.9k $105.9k 0.06% New
53 Aragon Global Management, LP 13.64% of their portfolio MIAMI, FL 122,630122.6k $32.0m $32.0m 13.64% Unchanged
54 Qube Research & Technologies Ltd 0.06% of their portfolio LONDON, X0 121,039121.0k $31.6m $31.6m 0.06% Added +95.6k +95,605
55 NewEdge Wealth, LLC 0.68% of their portfolio STAMFORD, CT 119,991120.0k $31.3m $31.3m 0.68% Added +900 +900
56 Miller Investment Management, LP 3.68% of their portfolio WEST CONSHOHOCKEN, PA 118,288118.3k $30.8m $30.8m 3.68% Added +39.2k +39,190
57 Daiichi Life Insurance Co., Ltd. 0.75% of their portfolio TOKYO, M0 118,280118.3k $30.8m $30.8m 0.75% New
58 SOROS FUND MANAGEMENT LLC 0.65% of their portfolio NEW YORK, NY 110,000110.0k $28.7m $28.7m 0.65% New
59 Foundations Investment Advisors, LLC 0.69% of their portfolio PHOENIX, AZ 109,051109.1k $28.4m $28.4m 0.69% Reduced -23.2k -23,201
60 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 105,586105.6k $27.5m $27.5m 0.15% Added +18.5k +18,533
61 Mirae Asset Global Investments Co., Ltd. 0.13% of their portfolio SEOUL, M5 102,517102.5k $26.5m $26.5m 0.13% Added +57.0k +56,960
62 RWQ Financial Management Services, Inc. 9.29% of their portfolio NAPLES, FL 98,39198.4k $25.7m $25.7m 9.29% Added +44.0k +43,957
63 TruWealth Advisors, LLC 1.61% of their portfolio Metairie, LA 92,74292.7k $24.2m $24.2m 1.61% Added +38.0k +38,044
64 Rezny Wealth Management, Inc. 6.08% of their portfolio Fort Myers, FL 87,16087.2k $22.7m $22.7m 6.08% New
65 Allianz Asset Management GmbH 0.04% of their portfolio MUNICH, 2M 85,80085.8k $22.4m $22.4m 0.04% Added +53.6k +53,600
66 Atria Wealth Solutions, Inc. 0.25% of their portfolio NEW YORK, NY 85,68085.7k $22.3m $22.3m 0.25% Added +26.7k +26,688
67 Maven Securities LTD 3.33% of their portfolio ST HELIER, Y9 81,97882.0k $21.4m $21.4m 3.33% Added +70.8k +70,768
68 LMR Partners LLP 0.45% of their portfolio LONDON, X0 80,00080.0k $20.9m $20.9m 0.45% Reduced -25.3k -25,341
69 Bricktown Capital, LLC 4.19% of their portfolio DETROIT, MI 78,98479.0k $20.6m $20.6m 4.19% New
70 Round Rock Advisors LLC 5.00% of their portfolio WILTON, CT 78,72878.7k $20.5m $20.5m 5.00% Reduced -2.8k -2,757
71 FLAGSHIP HARBOR ADVISORS, LLC 1.22% of their portfolio BOSTON, MA 77,83377.8k $20.3m $20.3m 1.22% Added +71.0k +70,970
72 RiverFront Investment Group, LLC 0.54% of their portfolio RICHMOND, VA 77,74577.7k $20.3m $20.3m 0.54% Added +7.2k +7,249
73 Brookstone Capital Management 0.31% of their portfolio WHEATON, IL 74,27074.3k $18.9m $18.9m 0.31% Added +46.8k +46,771
74 BLAIR WILLIAM & CO/IL 0.06% of their portfolio CHICAGO, IL 72,32572.3k $18.9m $18.9m 0.06% Added +10.6k +10,636
75 HARBOUR INVESTMENTS, INC. 0.63% of their portfolio MADISON, WI 71,41671.4k $18.6m $18.6m 0.63% Added +7.2k +7,166
76 WESPAC Advisors SoCal, LLC 4.66% of their portfolio Pasadena, CA 71,17771.2k $18.6m $18.6m 4.66% Reduced -64 -64
77 Nan Shan Life Insurance Co., Ltd. 0.43% of their portfolio Taipei City, F5 69,99570.0k $18.2m $18.2m 0.43% Reduced -80.1k -80,143
78 Walleye Capital LLC 0.19% of their portfolio NEW YORK, NY 69,65169.7k $18.2m $18.2m 0.19% Reduced -66.2k -66,247
79 TD Waterhouse Canada Inc. 0.16% of their portfolio TORONTO, A6 68,33768.3k $17.8m $17.8m 0.16% Reduced -482 -482
80 Wealthfront Advisers LLC 0.06% of their portfolio Palo Alto, CA 67,56167.6k $17.6m $17.6m 0.06% Added +6.1k +6,071
81 Meridian Wealth Management, LLC 1.98% of their portfolio LEXINGTON, KY 63,61363.6k $16.6m $16.6m 1.98% New
82 MERCER GLOBAL ADVISORS INC /ADV 0.05% of their portfolio DENVER, CO 62,96163.0k $17.2m $17.2m 0.05% Added +51.7k +51,708
83 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 59,63459.6k $15.5m $15.5m 0.02% Added +6.0k +5,957
84 LYELL WEALTH MANAGEMENT, LP 1.46% of their portfolio MENLO PARK, CA 58,65158.7k $15.3m $15.3m 1.46% Added +2.7k +2,707
85 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 58,60558.6k $15.3m $15.3m 0.03% Added +6.0k +6,002
86 Lido Advisors, LLC 0.13% of their portfolio Los Angeles, CA 58,37158.4k $15.2m $15.2m 0.13% Added +2.2k +2,247
87 Yarbrough Capital, LLC 0.62% of their portfolio FRANKLIN, TN 57,78857.8k $15.1m $15.1m 0.62% Added +10.8k +10,800
88 Horizon Wealth Management, LLC 3.55% of their portfolio LA GRANGE, IL 57,08857.1k $14.9m $14.9m 3.55% Added +10.3k +10,335
89 EDMOND DE ROTHSCHILD HOLDING S.A. 0.25% of their portfolio CHAMBESY, V8 55,47855.5k $14.5m $14.5m 0.25% Reduced -75 -75
90 Phoenix Financial Ltd. 0.22% of their portfolio Givatayim, L3 55,05355.1k $14.4m $14.4m 0.22% Added +24.0k +23,963
91 Horizon Investments, LLC 0.40% of their portfolio Charlotte, NC 54,96355.0k $14.3m $14.3m 0.40% Added +54.8k +54,780
92 GREAT VALLEY ADVISOR GROUP, INC. 0.39% of their portfolio WILMINGTON, DE 54,04354.0k $14.1m $14.1m 0.39% Added +34.8k +34,778
93 Rothschild Capital Partners, LLC 3.86% of their portfolio NEW YORK, NY 51,80851.8k $13.5m $13.5m 3.86% Reduced -9 -9
94 MIRAE ASSET SECURITIES (USA) INC. 0.85% of their portfolio NEW YORK, NY 50,52550.5k $13.2m $13.2m 0.85% First filing
95 Anfield Capital Management, LLC 6.35% of their portfolio IRVINE, CA 50,12350.1k $13.1m $13.1m 6.35% Reduced -549 -549
96 Twin Tree Management, LP 0.38% of their portfolio DALLAS, TX 49,99550.0k $13.0m $13.0m 0.38% Reduced -72.7k -72,704
97 INDEPENDENT FINANCIAL GROUP, LLC 0.52% of their portfolio SAN DIEGO, CA 49,90749.9k $13.0m $13.0m 0.52% Added +4.7k +4,663
98 Kozak & Associates, Inc. 3.29% of their portfolio HIGHLANDS RANCH, CO 49,44149.4k $13.3m $13.3m 3.29% Reduced -4.9k -4,873
99 Kraft, Davis & Associates, LLC 3.58% of their portfolio St. Louis, MO 49,26549.3k $11.8m $11.8m 3.58% Added +1.4k +1,432
100 Principle Wealth Partners LLC 0.97% of their portfolio MADISON, CT 48,68648.7k $12.7m $12.7m 0.97% Added +14.9k +14,856