Vault-13

VANECK ETF TRUST SMH

SEMICONDUCTR ETF · ETP · CUSIP 92189F676 · ISIN US92189F6768

970 institutional holders +88 vs Q3 2024
48,878,86848.9m shares reported held*
$11.8bnreported value*
115 new 371 added 263 reduced 80 sold out net bought ≈ $30.3m (+118.6k 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 ($17.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $242.36. Options: 42 managers hold calls ($4.8bn notional), 56 hold puts ($6.7bn).

Trends to Q4 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: 882Q4 24: 970970Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022390
Q4 2022432
Q1 2023488
Q2 2023529
Q3 2023560
Q4 2023668
Q1 2024775
Q2 2024859
Q3 2024882
Q4 2024970

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ1 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 24Q3 24: 477 bought or addedQ3 24: 340 cut or sold outQ4 24: 486 bought or addedQ4 24: 343 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023272199
Q2 2023265225
Q3 2023283201
Q4 2023364216
Q1 2024468246
Q2 2024516269
Q3 2024477340
Q4 2024486343

Calls vs puts

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

CallsPuts
$0$2.5bn$5bn$7.5bn$10bnQ1 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 1.76Q4 24 calls: $4.8bnQ4 24 puts: $6.7bnQ4 24P/C 1.40
Numbers
QuarterCallsPutsP/C
Q1 2024$6.0bn$6.1bn1.02
Q2 2024$5.1bn$7.4bn1.46
Q3 2024$5.5bn$9.6bn1.76
Q4 2024$4.8bn$6.7bn1.40

Biggest buyers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +700,000+700.0k
D. E. Shaw & Co., Inc. New +501,007+501.0k
Belvedere Trading LLC Added +499,432+499.4k
BANK OF AMERICA CORP /DE/ Added +472,190+472.2k
UBS Group AG Added +332,957+333.0k
MENORA MIVTACHIM HOLDINGS LTD. Added +325,050+325.1k
Walleye Capital LLC Added +247,972+248.0k
BANK OF MONTREAL /CAN/ Added +204,778+204.8k
Harel Insurance Investments & Financial Services Ltd. Added +202,744+202.7k
Nan Shan Life Insurance Co., Ltd. Added +177,727+177.7k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,169,933-1.2m
JANE STREET GROUP, LLC Reduced -485,985-486.0k
GOLDMAN SACHS GROUP INC Reduced -472,599-472.6k
CITIGROUP INC Reduced -313,276-313.3k
Rokos Capital Management LLP Sold out -260,499-260.5k
BARCLAYS PLC Reduced -260,056-260.1k
MIRAE ASSET SECURITIES (USA) INC. Sold out -251,641-251.6k
MOORE CAPITAL MANAGEMENT, LP Sold out -206,000-206.0k
BlackRock, Inc. Reduced -179,426-179.4k
BANK OF NOVA SCOTIA Reduced -175,570-175.6k

Biggest calls

CITADEL ADVISORS LLC Reduced $1.1bn4.7m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $822.2m3.4m shares
JANE STREET GROUP, LLC Added $690.9m2.9m shares
CAPITAL FUND MANAGEMENT S.A. Reduced $240.6m993.6k shares
PEAK6 LLC First filing $227.7m940.3k shares
BNP PARIBAS FINANCIAL MARKETS Added $137.5m5.7k shares
Squarepoint Ops LLC Reduced $124.5m513.9k shares
Belvedere Trading LLC Added $113.1m467.2k shares
Twin Tree Management, LP Added $105.0m433.5k shares
Trybe Capital Management LP New $96.9m400.0k shares

Biggest puts

BANK OF AMERICA CORP /DE/ Reduced $1.4bn5.6m shares
CITADEL ADVISORS LLC Reduced $1.0bn4.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $853.9m3.5m shares
JANE STREET GROUP, LLC Reduced $650.4m2.7m shares
Walleye Capital LLC Added $300.2m1.2m shares
CAPITAL FUND MANAGEMENT S.A. Reduced $288.7m1.2m shares
Belvedere Trading LLC Added $263.3m1.1m shares
Twin Tree Management, LP Added $239.3m988.0k shares
PEAK6 LLC First filing $188.7m779.0k shares
Apollo Management Holdings, L.P. New $159.8m660.0k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.26% of their portfolio CHARLOTTE, NC 11,757,21511.8m $2.8bn $2.8bn 0.26% Added +472.2k +472,190
2 GOLDMAN SACHS GROUP INC 0.10% of their portfolio NEW YORK, NY 2,126,7122.1m $515.0m $515.0m 0.10% Reduced -472.6k -472,599
3 LPL Financial LLC 0.19% of their portfolio FORT MILL, SC 1,913,5891.9m $463.4m $463.4m 0.19% Added +170.3k +170,256
4 UBS Group AG 0.10% of their portfolio ZURICH, V8 1,761,8261.8m $426.7m $426.7m 0.10% Added +333.0k +332,957
5 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 1,601,2031.6m $387.8m $387.8m 0.03% Added +38.6k +38,592
6 JANE STREET GROUP, LLC 0.56% of their portfolio NEW YORK, NY 1,443,5391.4m $349.6m $349.6m 0.56% Reduced -486.0k -485,985
7 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 1,437,3811.4m $348.1m $348.1m 0.03% Reduced -1.2m -1,169,933
8 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.68% of their portfolio TORONTO, A6 1,314,0001.3m $318.2m $318.2m 0.68% Added +700.0k +700,000
9 BNP PARIBAS FINANCIAL MARKETS 0.24% of their portfolio PARIS, I0 1,295,6431.3m $313.8m $313.8m 0.24% Reduced -67.9k -67,942
10 Main Management ETF Advisors, LLC 10.68% of their portfolio SAN FRANCISCO, CA 972,740972.7k $235.6m $235.6m 10.68% Added +29.9k +29,920
11 BANK OF NOVA SCOTIA 0.29% of their portfolio TORONTO, A6 679,428679.4k $164.5m $164.5m 0.29% Reduced -175.6k -175,570
12 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 634,561634.6k $153.7m $153.7m 0.04% Added +15.0k +14,959
13 Fisher Asset Management, LLC 0.06% of their portfolio PLANO, TX 633,103633.1k $153.3m $153.3m 0.06% Reduced -42.3k -42,329
14 MEITAV INVESTMENT HOUSE LTD 2.55% of their portfolio BENE-BERAQ, L3 624,975625.0k $151.3m $151.3m 2.55% Added +24.5k +24,516
15 Saudi Central Bank 14.01% of their portfolio Riyadh, T0 602,006602.0k $149.1m $149.1m 14.01% Unchanged
16 Belvedere Trading LLC 11.08% of their portfolio CHICAGO, IL 601,602601.6k $145.7m $145.7m 11.08% Added +499.4k +499,432
17 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 596,212596.2k $144.4m $144.4m 0.05% First filing
18 BANK OF MONTREAL /CAN/ 0.06% of their portfolio TORONTO, A6 533,598533.6k $129.2m $129.2m 0.06% Added +204.8k +204,778
19 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 511,912511.9k $124.0m $124.0m 0.03% Reduced -20.8k -20,787
20 D. E. Shaw & Co., Inc. 0.13% of their portfolio New York, NY 501,007501.0k $121.3m $121.3m 0.13% New
21 Cetera Investment Advisers 0.19% of their portfolio SCHAUMBURG, IL 371,976372.0k $90.1m $90.1m 0.19% Added +23.2k +23,192
22 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 371,941371.9k $90.1m $90.1m 0.02% Added +19.2k +19,220
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 359,899359.9k $87.2m $87.2m 0.07% Added +67.7k +67,695
24 Harel Insurance Investments & Financial Services Ltd. 1.36% of their portfolio Ramat Gan, L3 343,206343.2k $83.1m $83.1m 1.36% Added +202.7k +202,744
25 Main Management Fund Advisors LLC 12.52% of their portfolio SAN FRANCISCO, CA 338,700338.7k $82.0m $82.0m 12.52% Added +26.5k +26,500
26 MENORA MIVTACHIM HOLDINGS LTD. 0.51% of their portfolio Ramat Gan, L3 335,150335.1k $81.2m $81.2m 0.51% Added +325.1k +325,050
27 Thrivent Financial for Lutherans 0.15% of their portfolio Minneapolis, MN 326,088326.1k $79.9m $79.9m 0.15% Added +1.4k +1,392
28 Main Management LLC 6.19% of their portfolio SAN FRANCISCO, CA 312,987313.0k $75.8m $75.8m 6.19% Added +10.6k +10,610
29 CITIGROUP INC 0.07% of their portfolio NEW YORK, NY 307,532307.5k $74.5m $74.5m 0.07% Reduced -313.3k -313,276
30 Squarepoint Ops LLC 0.19% of their portfolio NEW YORK, NY 304,693304.7k $73.8m $73.8m 0.19% Reduced -156.6k -156,551
31 Walleye Capital LLC 0.70% of their portfolio NEW YORK, NY 303,590303.6k $73.5m $73.5m 0.70% Added +248.0k +247,972
32 BlackRock, Inc. 0.00% of their portfolio New York, NY 285,426285.4k $69.1m $69.1m 0.00% Reduced -179.4k -179,426
33 Twin Tree Management, LP 1.65% of their portfolio DALLAS, TX 281,615281.6k $68.2m $68.2m 1.65% Added +164.9k +164,947
34 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 275,574275.6k $66.7m $66.7m 0.02% Reduced -145.2k -145,206
35 Portfolio Strategies, Inc. 8.87% of their portfolio MONTVALE, NJ 258,061258.1k $62.5m $62.5m 8.87% Reduced -43.1k -43,071
36 MML INVESTORS SERVICES, LLC 0.21% of their portfolio SPRINGFIELD, MA 256,909256.9k $62.2m $62.2m 0.21% Added +7.2k +7,169
37 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 254,098254.1k $61.5m $61.5m 0.09% Added +11.7k +11,699
38 Nan Shan Life Insurance Co., Ltd. 1.47% of their portfolio Taipei City, F5 252,727252.7k $61.2m $61.2m 1.47% Added +177.7k +177,727
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.09% of their portfolio BALA CYNWYD, PA 247,133247.1k $59.8m $59.8m 0.09% Reduced -36.7k -36,692
40 Rockefeller Capital Management L.P. 0.15% of their portfolio NEW YORK, NY 238,392238.4k $57.7m $57.7m 0.15% Added +10.2k +10,193
41 Cambridge Investment Research Advisors, Inc. 0.19% of their portfolio FAIRFIELD, IA 231,682231.7k $56.1m $56.1m 0.19% Added +25.0k +25,037
42 Migdal Insurance & Financial Holdings Ltd. 0.73% of their portfolio Petach Tikva, L3 208,964209.0k $50.6m $50.6m 0.73% Reduced -87.6k -87,600
43 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 198,007198.0k $48.0m $48.0m 0.11% Added +1.4k +1,384
44 Optiver Holding B.V. 1.53% of their portfolio AMSTERDAM, P7 195,804195.8k $47.4m $47.4m 1.53% Added +118.4k +118,398
45 Foundations Investment Advisors, LLC 0.89% of their portfolio PHOENIX, AZ 190,825190.8k $46.2m $46.2m 0.89% Added +32.8k +32,842
46 Diversified Enterprises, LLC 4.00% of their portfolio Wilmington, DE 172,313172.3k $41.7m $41.7m 4.00% Added +27.6k +27,572
47 Moss Adams Wealth Advisors LLC 4.16% of their portfolio SEATTLE, WA 162,593162.6k $39.4m $39.4m 4.16% Added +2.6k +2,611
48 SOROS CAPITAL MANAGEMENT LLC 6.13% of their portfolio New York, NY 161,600161.6k $39.1m $39.1m 6.13% New
49 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 126,776126.8k $30.7m $30.7m 0.03% Reduced -2.6k -2,553
50 NewEdge Wealth, LLC 0.52% of their portfolio STAMFORD, CT 124,621124.6k $30.2m $30.2m 0.52% Reduced -7.0k -6,965
51 Aragon Global Management, LP 11.01% of their portfolio MIAMI, FL 122,630122.6k $29.7m $29.7m 11.01% Unchanged
52 Miller Investment Management, LP 3.16% of their portfolio WEST CONSHOHOCKEN, PA 119,085119.1k $28.8m $28.8m 3.16% Added +651 +651
53 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 2.26% of their portfolio Tel Aviv, L3 118,460118.5k $28.7m $28.7m 2.26% New
54 TUDOR INVESTMENT CORP ET AL 0.30% of their portfolio STAMFORD, CT 116,984117.0k $28.3m $28.3m 0.30% Added +116.1k +116,094
55 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 115,425115.4k $28.0m $28.0m 0.01% Reduced -260.1k -260,056
56 Private Advisor Group, LLC 0.14% of their portfolio MORRISTOWN, NJ 101,142101.1k $24.5m $24.5m 0.14% Added +8.1k +8,118
57 Schonfeld Strategic Advisors LLC 0.15% of their portfolio NEW YORK, NY 100,667100.7k $24.4m $24.4m 0.15% Added +99.3k +99,266
58 TruWealth Advisors, LLC 1.46% of their portfolio Metairie, LA 100,319100.3k $24.3m $24.3m 1.46% Added +2.8k +2,797
59 Kestra Advisory Services, LLC 0.13% of their portfolio AUSTIN, TX 99,30899.3k $24.0m $24.0m 0.13% Reduced -2.1k -2,105
60 J.Safra Asset Management Corp 1.96% of their portfolio NEW YORK, NY 98,44498.4k $24.1m $24.1m 1.96% Added +3.2k +3,165
61 Atria Wealth Solutions, Inc. 0.25% of their portfolio NEW YORK, NY 92,81192.8k $22.5m $22.5m 0.25% Added +10.3k +10,279
62 Rezny Wealth Management, Inc. 5.46% of their portfolio Fort Myers, FL 91,85891.9k $22.2m $22.2m 5.46% Added +1.2k +1,232
63 Walleye Trading LLC 0.44% of their portfolio NEW YORK, NY 91,37191.4k $22.1m $22.1m 0.44% Reduced -35.1k -35,085
64 RiverFront Investment Group, LLC 0.50% of their portfolio RICHMOND, VA 89,93589.9k $21.8m $21.8m 0.50% Added +6.4k +6,396
65 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 83,96784.0k $20.3m $20.3m 0.03% New
66 Wealthfront Advisers LLC 0.06% of their portfolio Palo Alto, CA 83,31083.3k $20.2m $20.2m 0.06% Added +8.8k +8,770
67 Gerber Kawasaki Wealth & Investment Management 0.85% of their portfolio SANTA MONICA, CA 80,35580.4k $19.5m $19.5m 0.85% Added +79.4k +79,448
68 Round Rock Advisors LLC 3.89% of their portfolio WILTON, CT 78,28378.3k $19.0m $19.0m 3.89% Reduced -1.2k -1,164
69 BLAIR WILLIAM & CO/IL 0.05% of their portfolio CHICAGO, IL 77,36177.4k $18.7m $18.7m 0.05% Reduced -19.2k -19,168
70 PEAK6 LLC 0.73% of their portfolio AUSTIN, TX 76,64276.6k $18.6m $18.6m 0.73% First filing
71 WESPAC Advisors SoCal, LLC 4.17% of their portfolio Pasadena, CA 76,19776.2k $18.5m $18.5m 4.17% Added +4.9k +4,946
72 Kozak & Associates, Inc. 4.02% of their portfolio HIGHLANDS RANCH, CO 69,77669.8k $17.6m $17.6m 4.02% Added +19.9k +19,894
73 TD Waterhouse Canada Inc. 0.14% of their portfolio TORONTO, A6 69,21669.2k $16.8m $16.8m 0.14% Added +1.4k +1,430
74 Meridian Wealth Management, LLC 0.79% of their portfolio LEXINGTON, KY 68,98669.0k $16.7m $16.7m 0.79% Reduced -19 -19
75 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 68,14768.1k $16.5m $16.5m 0.02% New
76 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 67,41567.4k $16.3m $16.3m 0.05% Reduced -7.0k -6,981
77 Kraft, Davis & Associates, LLC 4.67% of their portfolio St. Louis, MO 66,06866.1k $16.3m $16.3m 4.67% Added +17.5k +17,474
78 Horizon Wealth Management, LLC 2.70% of their portfolio LA GRANGE, IL 64,15564.2k $15.5m $15.5m 2.70% Reduced -9.0k -8,969
79 Parallax Volatility Advisers, L.P. 0.33% of their portfolio San Francisco, CA 62,71962.7k $15.2m $15.2m 0.33% Reduced -19.8k -19,778
80 LYELL WEALTH MANAGEMENT, LP 1.36% of their portfolio MENLO PARK, CA 62,58862.6k $15.2m $15.2m 1.36% Added +2.4k +2,367
81 Principle Wealth Partners LLC 1.05% of their portfolio MADISON, CT 61,83261.8k $15.0m $15.0m 1.05% Added +1.2k +1,208
82 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 59,40459.4k $14.4m $14.4m 0.01% Added +17.9k +17,896
83 HARBOUR INVESTMENTS, INC. 0.41% of their portfolio MADISON, WI 58,38158.4k $14.1m $14.1m 0.41% Reduced -7.1k -7,115
84 Yarbrough Capital, LLC 0.54% of their portfolio FRANKLIN, TN 57,78857.8k $14.0m $14.0m 0.54% Unchanged
85 Prospera Financial Services Inc 0.32% of their portfolio Dallas, TX 57,51357.5k $13.9m $13.9m 0.32% Added +7.0k +7,018
86 PFG Advisors 0.85% of their portfolio Phoenix, AZ 57,41657.4k $13.9m $13.9m 0.85% Added +2.0k +1,991
87 EHP Funds Inc. 14.17% of their portfolio TORONTO, Z4 56,70056.7k $13.7m $13.7m 14.17% Added +22.3k +22,300
88 EDMOND DE ROTHSCHILD HOLDING S.A. 0.23% of their portfolio CHAMBESY, V8 55,20955.2k $13.4m $13.4m 0.23% Unchanged
89 Mason & Associates Inc 3.13% of their portfolio LOS ANGELES, CA 54,84954.8k $13.3m $13.3m 3.13% Added +7.3k +7,275
90 Lido Advisors, LLC 0.08% of their portfolio Los Angeles, CA 54,57454.6k $13.2m $13.2m 0.08% Reduced -4.1k -4,052
91 INDEPENDENT FINANCIAL GROUP, LLC 0.44% of their portfolio SAN DIEGO, CA 54,12754.1k $13.1m $13.1m 0.44% Reduced -809 -809
92 Concurrent Investment Advisors, LLC 0.35% of their portfolio Tampa, FL 53,88253.9k $13.0m $13.0m 0.35% Added +3.3k +3,272
93 MATAURO, LLC 2.81% of their portfolio NEW YORK, NY 53,66853.7k $13.0m $13.0m 2.81% First filing
94 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 53,63653.6k $13.0m $13.0m 0.03% Reduced -91.9k -91,863
95 GREAT VALLEY ADVISOR GROUP, INC. 0.29% of their portfolio WILMINGTON, DE 53,43453.4k $12.9m $12.9m 0.29% Added +3.8k +3,806
96 Anfield Capital Management, LLC 4.63% of their portfolio IRVINE, CA 52,73452.7k $12.8m $12.8m 4.63% Added +763 +763
97 Rothschild Capital Partners, LLC 3.07% of their portfolio NEW YORK, NY 52,20152.2k $12.6m $12.6m 3.07% Unchanged
98 IFP Advisors, Inc 0.41% of their portfolio TAMPA, FL 51,35851.4k $12.4m $12.4m 0.41% Added +22.3k +22,339
99 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 50,56650.6k $12.2m $12.2m 0.01% Added +28.8k +28,831
100 ALTFEST L J & CO INC 1.54% of their portfolio NEW YORK, NY 50,28550.3k $12.2m $12.2m 1.54% Added +2.4k +2,369