Vault-13

VANECK ETF TRUST SMH

SEMICONDUCTR ETF · ETP · CUSIP 92189F676 · ISIN US92189F6768

882 institutional holders +23 vs Q2 2024
48,529,71448.5m shares reported held*
$11.9bnreported value*
114 new 363 added 250 reduced 90 sold out net sold ≈ $48.8m (-756.1k 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 ($13.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $245.44. Options: 53 managers hold calls ($5.5bn notional), 63 hold puts ($9.6bn).

Trends to Q3 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: 859Q3 24: 882882Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022390
Q4 2022432
Q1 2023488
Q2 2023529
Q3 2023560
Q4 2023668
Q1 2024775
Q2 2024859
Q3 2024882

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 outQ1 23: 272 bought or addedQ1 23: 199 cut or sold outQ1 23Q2 23: 265 bought or addedQ2 23: 225 cut or sold outQ3 23: 283 bought or addedQ3 23: 201 cut or sold outQ3 23Q4 23: 364 bought or addedQ4 23: 216 cut or sold outQ1 24: 468 bought or addedQ1 24: 246 cut or sold outQ1 24Q2 24: 516 bought or addedQ2 24: 269 cut or sold outQ3 24: 477 bought or addedQ3 24: 340 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022212203
Q1 2023272199
Q2 2023265225
Q3 2023283201
Q4 2023364216
Q1 2024468246
Q2 2024516269
Q3 2024477340

Calls vs puts

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

CallsPuts
$0$2.5bn$5bn$7.5bn$10bnQ4 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 1.46Q3 24 calls: $5.5bnQ3 24 puts: $9.6bnQ3 24P/C 1.76
Numbers
QuarterCallsPutsP/C
Q4 2023$2.6bn$3.5bn1.34
Q1 2024$6.0bn$6.1bn1.02
Q2 2024$5.1bn$7.4bn1.46
Q3 2024$5.5bn$9.6bn1.76

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +2,366,505+2.4m
JPMORGAN CHASE & CO Added +848,084+848.1k
Rokos Capital Management LLP New +260,499+260.5k
Main Management ETF Advisors, LLC Added +253,300+253.3k
CITIGROUP INC Added +251,404+251.4k
BNP PARIBAS FINANCIAL MARKETS Added +244,632+244.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +238,901+238.9k
MEITAV INVESTMENT HOUSE LTD Added +217,702+217.7k
MOORE CAPITAL MANAGEMENT, LP New +206,000+206.0k
BARCLAYS PLC Added +202,466+202.5k

Biggest sellers

JANE STREET GROUP, LLC Reduced -1,992,348-2.0m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -1,010,000-1.0m
Migdal Insurance & Financial Holdings Ltd. Reduced -647,600-647.6k
Squarepoint Ops LLC Reduced -559,091-559.1k
CANADA PENSION PLAN INVESTMENT BOARD Sold out -540,000-540.0k
LIBERTY WEALTH MANAGEMENT LLC Reduced -437,195-437.2k
Quadrature Capital Ltd Sold out -270,372-270.4k
MORGAN STANLEY Reduced -261,984-262.0k
Optiver Holding B.V. Reduced -215,989-216.0k
Fisher Asset Management, LLC Reduced -198,771-198.8k

Biggest calls

CITADEL ADVISORS LLC Added $1.4bn5.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $876.0m3.6m shares
JANE STREET GROUP, LLC New $502.8m2.0m shares
PEAK6 Investments LLC Reduced $422.5m1.7m shares
CAPITAL FUND MANAGEMENT S.A. Added $253.5m1.0m shares
Squarepoint Ops LLC Added $155.2m632.5k shares
GOLDMAN SACHS GROUP INC Added $147.5m600.8k shares
Rokos Capital Management LLP Added $134.8m550.0k shares
Parallax Volatility Advisers, L.P. Added $126.4m515.0k shares
Hudson Bay Capital Management LP Added $109.3m445.3k shares

Biggest puts

BANK OF AMERICA CORP /DE/ Added $2.4bn9.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.6bn6.4m shares
CITADEL ADVISORS LLC Added $1.5bn6.0m shares
JANE STREET GROUP, LLC New $787.0m3.2m shares
LMR Partners LLP New $368.2m1.5m shares
Parallax Volatility Advisers, L.P. Added $359.6m1.5m shares
CAPITAL FUND MANAGEMENT S.A. Added $309.0m1.3m shares
Walleye Capital LLC Added $297.4m1.2m shares
UBS Group AG Added $216.4m881.7k shares
Walleye Trading LLC Added $145.7m593.4k 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.24% of their portfolio CHARLOTTE, NC 11,285,02511.3m $2.8bn $2.8bn 0.24% Added +2.4m +2,366,505
2 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 2,607,3142.6m $640.0m $640.0m 0.03% Added +848.1k +848,084
3 GOLDMAN SACHS GROUP INC 0.12% of their portfolio NEW YORK, NY 2,599,3112.6m $638.0m $638.0m 0.12% Added +66.8k +66,775
4 JANE STREET GROUP, LLC 0.76% of their portfolio NEW YORK, NY 1,929,5241.9m $473.6m $473.6m 0.76% Reduced -2.0m -1,992,348
5 LPL Financial LLC 0.19% of their portfolio FORT MILL, SC 1,743,3331.7m $427.9m $427.9m 0.19% Added +113.7k +113,705
6 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 1,562,6111.6m $383.5m $383.5m 0.03% Reduced -262.0k -261,984
7 UBS Group AG 0.10% of their portfolio ZURICH, V8 1,428,8691.4m $350.7m $350.7m 0.10% Reduced -81.7k -81,745
8 BNP PARIBAS FINANCIAL MARKETS 0.33% of their portfolio PARIS, I0 1,363,5851.4m $334.7m $334.7m 0.33% Added +244.6k +244,632
9 Main Management ETF Advisors, LLC 10.97% of their portfolio SAN FRANCISCO, CA 942,820942.8k $231.4m $231.4m 10.97% Added +253.3k +253,300
10 BANK OF NOVA SCOTIA 0.42% of their portfolio TORONTO, A6 854,998855.0k $209.9m $209.9m 0.42% Reduced -75.3k -75,271
11 Fisher Asset Management, LLC 0.07% of their portfolio PLANO, TX 675,432675.4k $165.8m $165.8m 0.07% Reduced -198.8k -198,771
12 CITIGROUP INC 0.14% of their portfolio NEW YORK, NY 620,808620.8k $152.4m $152.4m 0.14% Added +251.4k +251,404
13 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 619,602619.6k $152.1m $152.1m 0.04% Added +69.1k +69,051
14 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.37% of their portfolio TORONTO, A6 614,000614.0k $150.7m $150.7m 0.37% Reduced -1.0m -1,010,000
15 Saudi Central Bank 14.26% of their portfolio Riyadh, T0 602,006602.0k $147.8m $147.8m 14.26% Unchanged
16 MEITAV INVESTMENT HOUSE LTD 2.47% of their portfolio BENE-BERAQ, L3 600,459600.5k $147.3m $147.3m 2.47% Added +217.7k +217,702
17 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 532,699532.7k $130.8m $130.8m 0.03% Reduced -73.5k -73,536
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 464,852464.9k $114.1m $114.1m 0.00% First filing
19 Squarepoint Ops LLC 0.37% of their portfolio NEW YORK, NY 461,244461.2k $113.2m $113.2m 0.37% Reduced -559.1k -559,091
20 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 420,780420.8k $103.3m $103.3m 0.03% Added +33.1k +33,143
21 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 375,481375.5k $92.2m $92.2m 0.04% Added +202.5k +202,466
22 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 352,721352.7k $86.6m $86.6m 0.02% Added +28.7k +28,655
23 Cetera Investment Advisers 0.19% of their portfolio SCHAUMBURG, IL 348,784348.8k $85.6m $85.6m 0.19% Added +22.3k +22,300
24 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 328,820328.8k $81.5m $81.5m 0.04% Added +152.3k +152,260
25 Thrivent Financial for Lutherans 0.15% of their portfolio Minneapolis, MN 324,696324.7k $79.7m $79.7m 0.15% Added +18.3k +18,329
26 Main Management Fund Advisors LLC 13.14% of their portfolio SAN FRANCISCO, CA 312,200312.2k $76.6m $76.6m 13.14% Added +26.2k +26,200
27 Main Management LLC 6.10% of their portfolio SAN FRANCISCO, CA 302,377302.4k $74.2m $74.2m 6.10% Added +58.5k +58,518
28 Raymond James Financial Services Advisors, Inc. 0.10% of their portfolio ST. PETERSBURG, FL 302,170302.2k $74.2m $74.2m 0.10% Reduced -4.5k -4,464
29 Portfolio Strategies, Inc. 9.98% of their portfolio MONTVALE, NJ 301,132301.1k $73.9m $73.9m 9.98% Reduced -6.0k -5,964
30 Migdal Insurance & Financial Holdings Ltd. 1.18% of their portfolio Petach Tikva, L3 296,564296.6k $72.8m $72.8m 1.18% Reduced -647.6k -647,600
31 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 292,204292.2k $71.7m $71.7m 0.06% Added +16.4k +16,443
32 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.12% of their portfolio BALA CYNWYD, PA 283,825283.8k $69.7m $69.7m 0.12% Added +238.9k +238,901
33 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 279,721279.7k $68.7m $68.7m 0.04% Added +65.3k +65,276
34 Rokos Capital Management LLP 2.24% of their portfolio LONDON, X0 260,499260.5k $63.9m $63.9m 2.24% New
35 MIRAE ASSET SECURITIES (USA) INC. 3.57% of their portfolio NEW YORK, NY 251,641251.6k $61.8m $61.8m 3.57% Added +201.1k +201,116
36 MML INVESTORS SERVICES, LLC 0.22% of their portfolio SPRINGFIELD, MA 249,740249.7k $61.3m $61.3m 0.22% Added +5.5k +5,530
37 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 242,399242.4k $59.5m $59.5m 0.09% Reduced -6.3k -6,252
38 Rockefeller Capital Management L.P. 0.15% of their portfolio NEW YORK, NY 228,199228.2k $56.0m $56.0m 0.15% Reduced -72.0k -71,966
39 Cambridge Investment Research Advisors, Inc. 0.17% of their portfolio FAIRFIELD, IA 206,645206.6k $50.7m $50.7m 0.17% Reduced -34.6k -34,574
40 MOORE CAPITAL MANAGEMENT, LP 1.46% of their portfolio NEW YORK, NY 206,000206.0k $50.6m $50.6m 1.46% New
41 Jump Financial, LLC 1.01% of their portfolio Chicago, IL 199,897199.9k $49.1m $49.1m 1.01% Added +63.3k +63,333
42 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 196,623196.6k $48.3m $48.3m 0.11% Reduced -30.2k -30,221
43 Moss Adams Wealth Advisors LLC 4.30% of their portfolio SEATTLE, WA 159,982160.0k $39.3m $39.3m 4.30% Added +5.9k +5,915
44 Foundations Investment Advisors, LLC 0.81% of their portfolio PHOENIX, AZ 157,983158.0k $38.8m $38.8m 0.81% Added +48.9k +48,932
45 CIBC WORLD MARKET INC. 0.08% of their portfolio TORONTO, A6 145,499145.5k $35.7m $35.7m 0.08% Added +3.7k +3,725
46 Diversified, LLC 3.90% of their portfolio Wilmington, DE 144,741144.7k $35.5m $35.5m 3.90% Added +159 +159
47 Diversified Enterprises, LLC 3.90% of their portfolio Wilmington, DE 144,741144.7k $35.5m $35.5m 3.90% First filing
48 Harel Insurance Investments & Financial Services Ltd. 0.59% of their portfolio Ramat Gan, L3 140,462140.5k $34.5m $34.5m 0.59% Added +102.6k +102,560
49 Blackstone Inc. 0.15% of their portfolio NEW YORK, NY 135,500135.5k $33.3m $33.3m 0.15% New
50 NewEdge Wealth, LLC 0.58% of their portfolio STAMFORD, CT 131,586131.6k $32.3m $32.3m 0.58% Added +11.6k +11,595
51 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 129,329129.3k $31.7m $31.7m 0.03% Reduced -3.8k -3,838
52 Walleye Trading LLC 0.75% of their portfolio NEW YORK, NY 126,456126.5k $31.0m $31.0m 0.75% New
53 Aragon Global Management, LP 12.61% of their portfolio MIAMI, FL 122,630122.6k $30.1m $30.1m 12.61% Unchanged
54 Miller Investment Management, LP 3.03% of their portfolio WEST CONSHOHOCKEN, PA 118,434118.4k $29.1m $29.1m 3.03% Added +146 +146
55 Daiichi Life Insurance Co., Ltd. 0.73% of their portfolio TOKYO, M0 118,280118.3k $29.0m $29.0m 0.73% Unchanged
56 Twin Tree Management, LP 0.67% of their portfolio DALLAS, TX 116,668116.7k $28.6m $28.6m 0.67% Added +66.7k +66,673
57 Belvedere Trading LLC 1.50% of their portfolio CHICAGO, IL 102,170102.2k $25.1m $25.1m 1.50% New
58 Kestra Advisory Services, LLC 0.14% of their portfolio AUSTIN, TX 101,413101.4k $24.9m $24.9m 0.14% Reduced -4.2k -4,173
59 GTS SECURITIES LLC 0.48% of their portfolio NEW YORK, NY 97,67497.7k $24.0m $24.0m 0.48% Added +49.7k +49,666
60 TruWealth Advisors, LLC 1.47% of their portfolio Metairie, LA 97,52297.5k $23.9m $23.9m 1.47% Added +4.8k +4,780
61 BLAIR WILLIAM & CO/IL 0.07% of their portfolio CHICAGO, IL 96,52996.5k $23.7m $23.7m 0.07% Added +24.2k +24,204
62 J.Safra Asset Management Corp 2.24% of their portfolio NEW YORK, NY 95,27995.3k $23.6m $23.6m 2.24% Reduced -123.0k -122,982
63 Private Advisor Group, LLC 0.14% of their portfolio MORRISTOWN, NJ 93,02493.0k $22.8m $22.8m 0.14% Added +50.9k +50,926
64 Rezny Wealth Management, Inc. 5.61% of their portfolio Fort Myers, FL 90,62690.6k $22.2m $22.2m 5.61% Added +3.5k +3,466
65 RiverFront Investment Group, LLC 0.48% of their portfolio RICHMOND, VA 83,53983.5k $20.5m $20.5m 0.48% Added +5.8k +5,794
66 Atria Wealth Solutions, Inc. 0.22% of their portfolio NEW YORK, NY 82,53282.5k $20.3m $20.3m 0.22% Reduced -3.1k -3,148
67 Parallax Volatility Advisers, L.P. 0.53% of their portfolio San Francisco, CA 82,49782.5k $20.2m $20.2m 0.53% Added +62.6k +62,581
68 Round Rock Advisors LLC 4.56% of their portfolio WILTON, CT 79,44779.4k $19.5m $19.5m 4.56% Added +719 +719
69 Optiver Holding B.V. 0.48% of their portfolio AMSTERDAM, P7 77,40677.4k $19.0m $19.0m 0.48% Reduced -216.0k -215,989
70 Nan Shan Life Insurance Co., Ltd. 0.43% of their portfolio Taipei City, F5 75,00075.0k $18.4m $18.4m 0.43% Added +5.0k +5,005
71 Wealthfront Advisers LLC 0.06% of their portfolio Palo Alto, CA 74,54074.5k $18.3m $18.3m 0.06% Added +7.0k +6,979
72 LMR Partners LLP 0.40% of their portfolio LONDON, X0 74,50574.5k $18.3m $18.3m 0.40% Reduced -5.5k -5,495
73 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 74,39674.4k $18.3m $18.3m 0.05% New
74 Horizon Wealth Management, LLC 3.58% of their portfolio LA GRANGE, IL 73,12473.1k $17.9m $17.9m 3.58% Added +16.0k +16,036
75 WESPAC Advisors SoCal, LLC 4.04% of their portfolio Pasadena, CA 71,25171.3k $17.5m $17.5m 4.04% Added +74 +74
76 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 70,06270.1k $16.8m $16.8m 0.04% Added +7.1k +7,101
77 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 69,23469.2k $17.0m $17.0m 0.02% Added +9.6k +9,600
78 Meridian Wealth Management, LLC 0.83% of their portfolio LEXINGTON, KY 69,00569.0k $16.9m $16.9m 0.83% Added +5.4k +5,392
79 TD Waterhouse Canada Inc. 0.13% of their portfolio TORONTO, A6 67,78667.8k $16.2m $16.2m 0.13% Reduced -551 -551
80 HARBOUR INVESTMENTS, INC. 0.48% of their portfolio MADISON, WI 65,49665.5k $16.1m $16.1m 0.48% Reduced -5.9k -5,920
81 PARK AVENUE SECURITIES LLC 0.17% of their portfolio NEW YORK, NY 62,99463.0k $15.5m $15.5m 0.17% Added +20.9k +20,863
82 Principle Wealth Partners LLC 1.05% of their portfolio MADISON, CT 60,62460.6k $14.9m $14.9m 1.05% Added +11.9k +11,938
83 Marks Wealth, LLC 6.38% of their portfolio ELLICOTT CITY, MD 60,56060.6k $14.9m $14.9m 6.38% Reduced -80.0k -79,977
84 LYELL WEALTH MANAGEMENT, LP 1.34% of their portfolio MENLO PARK, CA 60,22160.2k $14.8m $14.8m 1.34% Added +1.6k +1,570
85 Lido Advisors, LLC 0.11% of their portfolio Los Angeles, CA 58,62658.6k $14.4m $14.4m 0.11% Added +255 +255
86 Yarbrough Capital, LLC 0.58% of their portfolio FRANKLIN, TN 57,78857.8k $14.2m $14.2m 0.58% Unchanged
87 Phoenix Financial Ltd. 0.20% of their portfolio Givatayim, L3 55,94655.9k $13.7m $13.7m 0.20% Added +893 +893
88 Walleye Capital LLC 0.14% of their portfolio NEW YORK, NY 55,61855.6k $13.7m $13.7m 0.14% Reduced -14.0k -14,033
89 PFG Advisors 0.86% of their portfolio Phoenix, AZ 55,42555.4k $13.6m $13.6m 0.86% Added +7.8k +7,823
90 EDMOND DE ROTHSCHILD HOLDING S.A. 0.22% of their portfolio CHAMBESY, V8 55,20955.2k $13.6m $13.6m 0.22% Reduced -269 -269
91 INDEPENDENT FINANCIAL GROUP, LLC 0.50% of their portfolio SAN DIEGO, CA 54,93654.9k $13.5m $13.5m 0.50% Added +5.0k +5,029
92 Equitable Holdings, Inc. 0.13% of their portfolio NEW YORK, NY 54,46854.5k $13.4m $13.4m 0.13% Added +11.2k +11,174
93 Mariner, LLC 0.02% of their portfolio Overland Park, KS 53,68053.7k $13.2m $13.2m 0.02% Added +9.7k +9,716
94 PRUDENTIAL PLC 0.07% of their portfolio LONDON, X0 53,30053.3k $13.1m $13.1m 0.07% Reduced -106.3k -106,315
95 Rothschild Capital Partners, LLC 3.57% of their portfolio NEW YORK, NY 52,20152.2k $12.8m $12.8m 3.57% Added +393 +393
96 AGUR PROVIDENT & TRAINING FUNDS MANAGEMENT LTD 3.39% of their portfolio TEL AVIV, L3 52,00552.0k $11.1m $11.1m 3.39% Added +16.2k +16,200
97 Anfield Capital Management, LLC 4.86% of their portfolio IRVINE, CA 51,97152.0k $12.8m $12.8m 4.86% Added +1.8k +1,848
98 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 51,90351.9k $12.7m $12.7m 0.01% Added +28.2k +28,197
99 Ardmore Road Asset Management LP 1.63% of their portfolio WESTPORT, CT 51,47551.5k $12.6m $12.6m 1.63% New
100 Concurrent Investment Advisors, LLC 0.37% of their portfolio Tampa, FL 50,61050.6k $12.4m $12.4m 0.37% Added +14.0k +14,026