VANECK ETF TRUST SMHX
FABLESS SEMICOND · ETP · CUSIP 92189H664
50
institutional holders
+11 vs Q1 2026
1.3m
shares reported held*
$80.4mreported value*
14 new
10 added
13 reduced
4 sold out
net bought ≈ $5.3m (+82.9k 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. Holder counts are more reliable. Implied quarter-end price ≈ $63.89. Options: 2 managers hold calls ($396.1k notional), 2 hold puts ($1.9m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2024 | 3 |
| Q4 2024 | 7 |
| Q1 2025 | 10 |
| Q2 2025 | 17 |
| Q3 2025 | 24 |
| Q4 2025 | 41 |
| Q1 2026 | 39 |
| Q2 2026 | 50 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2024 | 6 | 1 |
| Q1 2025 | 7 | 3 |
| Q2 2025 | 11 | 4 |
| Q3 2025 | 16 | 8 |
| Q4 2025 | 27 | 9 |
| Q1 2026 | 20 | 19 |
| Q2 2026 | 24 | 17 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $0 | $0 | — |
| Q1 2026 | $0 | $621.5k | — |
| Q2 2026 | $396.1k | $1.9m | 4.76 |
Biggest buyers
| Quadrature Capital Ltd | New | +48.6k |
| LPL Financial LLC | Added | +32.5k |
| BANK OF AMERICA CORP /DE/ | New | +30.1k |
| D. E. Shaw & Co., Inc. | New | +19.5k |
| WBI INVESTMENTS, LLC | Added | +14.4k |
| AQR CAPITAL MANAGEMENT LLC | New | +13.1k |
| Western Wealth Management, LLC | New | +12.0k |
| RAYMOND JAMES FINANCIAL INC | New | +7.1k |
| Cambridge Investment Research Advisors, Inc. | Added | +5.3k |
| PFG Investments, LLC | New | +4.8k |
Biggest sellers
| CITADEL ADVISORS LLC | Sold out | -40.5k |
| GOLDMAN SACHS GROUP INC | Sold out | -33.1k |
| HRT FINANCIAL LP | Reduced | -12.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -9.5k |
| Echo45 Advisors LLC | Reduced | -9.3k |
| ASSETMARK, INC | Reduced | -6.1k |
| Ameritas Advisory Services, LLC | Reduced | -5.9k |
| UBS Group AG | Sold out | -4.6k |
| Black Swift Group, LLC | Reduced | -4.1k |
| Advisory Services Network, LLC | Reduced | -1.1k |
Biggest calls
| CITADEL ADVISORS LLC | New | $370.6k5.8k shares |
| Advisory Services Network, LLC | New | $25.6k400 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $1.2m19.2k shares |
| JANE STREET GROUP, LLC | Added | $658.1k10.3k 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 2026
| Manager | Shares | Change |
|---|---|---|
| ASSETMARK, INC 0.04% of their portfolio | 371.9k $23.8m | Reduced -6.1k |
| Black Swift Group, LLC 2.94% of their portfolio | 318.4k $20.3m | Reduced -4.1k |
| LPL Financial LLC 0.00% of their portfolio | 118.3k $7.6m | Added +32.5k |
| WBI INVESTMENTS, LLC 1.79% of their portfolio | 112.8k $7.2m | Added +14.4k |
| Quadrature Capital Ltd 0.03% of their portfolio | 48.6k $3.1m | New |
| Provenance Wealth Advisors, LLC 0.20% of their portfolio | 32.3k $2.1m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 30.1k $1.9m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 19.5k $1.2m | New |
| BXM Wealth LLC 0.64% of their portfolio | 18.4k $1.2m | Unchanged |
| Echo45 Advisors LLC 0.56% of their portfolio | 16.9k $1.1m | Reduced -9.3k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 16.7k $1.1m | Added +5.3k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 13.1k $834.9k | New |
| GRIMES & Co WEALTH MANAGEMENT, LLC 0.02% of their portfolio | 12.9k $823.5k | Reduced -570 |
| Western Wealth Management, LLC 0.03% of their portfolio | 12.0k $769.2k | New |
| Columbus Macro, LLC 0.07% of their portfolio | 11.5k $736.3k | Added +1.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 9.6k $610.1k | Added +1.9k |
| Cetera Investment Advisers 0.00% of their portfolio | 9.3k $594.6k | Added +1.1k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 9.1k $581.8k | Added +1.4k |
| HRT FINANCIAL LP 0.00% of their portfolio | 8.4k $539.0k | Reduced -12.1k |
| PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV 0.13% of their portfolio | 7.8k $499.0k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 7.1k $452.1k | New |
| Maridea Wealth Management LLC 0.05% of their portfolio | 6.8k $437.0k | Reduced -130 |
| Apollon Wealth Management, LLC 0.00% of their portfolio | 6.3k $405.7k | Unchanged |
| PFG Investments, LLC 0.01% of their portfolio | 4.8k $305.8k | New |
| Concorde Asset Management, LLC 0.16% of their portfolio | 4.4k $283.2k | New |
| Advisory Services Network, LLC 0.00% of their portfolio | 4.4k $278.8k | Reduced -1.1k |
| Gladstone Institutional Advisory LLC 0.01% of their portfolio | 4.3k $277.6k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 4.3k $273.3k | Reduced -9.5k |
| Brookstone Capital Management 0.00% of their portfolio | 3.9k $248.1k | New |
| Center For Asset Management LLC 0.09% of their portfolio | 3.2k $203.3k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 3.0k $192.2k | Added +344 |
| Global Retirement Partners, LLC 0.00% of their portfolio | 1.9k $123.8k | First filing |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 1.0k $63.9k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 828 $53.0k | Added +250 |
| Cape Investment Advisory, Inc. 0.01% of their portfolio | 783 $50.0k | New |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 643 $41.1k | Reduced -19 |
| Kingdom Financial Group LLC. 0.01% of their portfolio | 526 $33.6k | Unchanged |
| Atlantic Union Bankshares Corp 0.00% of their portfolio | 500 $31.9k | Unchanged |
| Ameritas Advisory Services, LLC 0.00% of their portfolio | 317 $20.3k | Reduced -5.9k |
| Rossby Financial, LCC 0.00% of their portfolio | 227 $14.5k | Reduced -28 |
| Capital Investment Advisory Services, LLC 0.00% of their portfolio | 163 $10.4k | Added +68 |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 155 $9.9k | Reduced -11 |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 128 $7.9k | Unchanged |
| Continuum Advisory, LLC 0.00% of their portfolio | 73 $4.7k | New |
| US BANCORP \DE\ 0.00% of their portfolio | 52 $3.3k | Unchanged |
| FMR LLC 0.00% of their portfolio | 40 $2.5k | Reduced -80 |
| Darwin Wealth Management, LLC 0.00% of their portfolio | 36 $2.3k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 31 $2.0k | New |
| Frazier Financial Advisors, LLC 0.00% of their portfolio | 28 $1.8k | Unchanged |
| CoreCap Advisors, LLC 0.00% of their portfolio | 4 $256 | Unchanged |