Vault-13

VANECK ETF TRUST SMOT

MORNINGSTAR SMID · ETP · CUSIP 92189H730

103 institutional holders +3 vs Q1 2025
8,525,7138.5m shares reported held*
$297.4mreported value*
13 new 33 added 45 reduced 10 sold out net sold ≈ $39.5m (-1.1m 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 ($438.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $34.91.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q4 22: 6Q1 23: 22Q2 23: 31Q3 23: 47Q4 23: 66Q1 24: 80Q2 24: 91Q3 24: 94Q4 24: 101Q1 25: 100Q2 25: 103103Q4 22Q2 23Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q4 20226
Q1 202322
Q2 202331
Q3 202347
Q4 202366
Q1 202480
Q2 202491
Q3 202494
Q4 2024101
Q1 2025100
Q2 2025103

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 39 bought or addedQ3 23: 5 cut or sold outQ4 23: 51 bought or addedQ4 23: 12 cut or sold outQ4 23Q1 24: 52 bought or addedQ1 24: 25 cut or sold outQ2 24: 51 bought or addedQ2 24: 36 cut or sold outQ2 24Q3 24: 54 bought or addedQ3 24: 43 cut or sold outQ4 24: 67 bought or addedQ4 24: 30 cut or sold outQ4 24Q1 25: 56 bought or addedQ1 25: 39 cut or sold outQ2 25: 46 bought or addedQ2 25: 55 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023395
Q4 20235112
Q1 20245225
Q2 20245136
Q3 20245443
Q4 20246730
Q1 20255639
Q2 20254655

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $327.9kQ1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$0$327.9k—
Q2 2025$0$0—

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +95,940+95.9k
GREAT LAKES ADVISORS, LLC Added +65,015+65.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +55,629+55.6k
AVANTAX ADVISORY SERVICES, INC. New +38,314+38.3k
ROYAL BANK OF CANADA Added +32,560+32.6k
Gradient Investments LLC Added +24,392+24.4k
Stegent Equity Advisors, Inc. Added +22,134+22.1k
JONES FINANCIAL COMPANIES LLLP Added +18,026+18.0k
INDEPENDENT FINANCIAL GROUP, LLC New +16,135+16.1k
Thrivent Financial for Lutherans New +12,688+12.7k

Biggest sellers

Principle Wealth Partners LLC Reduced -794,058-794.1k
LPL Financial LLC Reduced -112,128-112.1k
RAYMOND JAMES FINANCIAL INC Reduced -87,494-87.5k
Kestra Advisory Services, LLC Reduced -80,375-80.4k
Farther Finance Advisors, LLC Reduced -73,135-73.1k
MORGAN STANLEY Reduced -68,958-69.0k
VestGen Advisors, LLC Reduced -55,307-55.3k
TRUIST FINANCIAL CORP Sold out -38,355-38.4k
HighTower Advisors, LLC Reduced -33,788-33.8k
EP Wealth Advisors, LLC Reduced -33,575-33.6k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Gradient Investments LLC 0.79% of their portfolio ARDEN HILLS, MN 1,236,4261.2m $43.0m $43.0m 0.79% Added +24.4k +24,392
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,158,0151.2m $40.3m $40.3m 0.01% Reduced -112.1k -112,128
3 GREAT LAKES ADVISORS, LLC 0.29% of their portfolio CHICAGO, IL 998,750998.8k $34.8m $34.8m 0.29% Added +65.0k +65,015
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 609,663609.7k $21.2m $21.2m 0.00% Added +95.9k +95,940
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 566,448566.4k $19.7m $19.7m 0.00% Reduced -69.0k -68,958
6 FINANCIAL MANAGEMENT NETWORK INC 3.62% of their portfolio MISSION VIEJO, CA 561,077561.1k $20.2m $20.2m 3.62% Added +5.9k +5,855
7 Apexium Financial, LP 0.60% of their portfolio Dallas, TX 324,756324.8k $11.3m $11.3m 0.60% Reduced -18.7k -18,739
8 Mesirow Financial Investment Management, Inc. 0.17% of their portfolio CHICAGO, IL 256,624256.6k $8.9m $8.9m 0.17% Reduced -12.3k -12,348
9 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 177,833177.8k $6.2m $6.2m 0.00% Reduced -87.5k -87,494
10 WOODMONT INVESTMENT COUNSEL LLC 0.40% of their portfolio NASHVILLE, TN 175,639175.6k $6.1m $6.1m 0.40% Added +595 +595
11 Farther Finance Advisors, LLC 0.11% of their portfolio SAN FRANCISCO, CA 153,785153.8k $5.4m $5.4m 0.11% Reduced -73.1k -73,135
12 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 117,718117.7k $4.1m $4.1m 0.01% Reduced -15.3k -15,330
13 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 87,93887.9k $3.1m $3.1m 0.01% Added +3.6k +3,641
14 TRUE Private Wealth Advisors 0.34% of their portfolio Salem, OR 87,83387.8k $3.1m $3.1m 0.34% Reduced -2.3k -2,329
15 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 87,34187.3k $3.0m $3.0m 0.01% Reduced -1.9k -1,852
16 Family Office Research LLC 1.28% of their portfolio Bethesda, MD 77,72677.7k $2.7m $2.7m 1.28% Reduced -2.5k -2,463
17 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 77,69177.7k $2.7m $2.7m 0.00% Reduced -13.2k -13,212
18 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.34% of their portfolio Miamisburg, OH 77,20077.2k $2.7m $2.7m 0.34% Reduced -576 -576
19 Brown Financial Advisors 1.00% of their portfolio MILFORD, OH 73,26973.3k $2.5m $2.5m 1.00% Reduced -1.3k -1,310
20 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 73,24973.2k $2.5m $2.5m 0.01% Reduced -3.4k -3,390
21 Stegent Equity Advisors, Inc. 2.24% of their portfolio HOUSTON, TX 72,75672.8k $2.5m $2.5m 2.24% Added +22.1k +22,134
22 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 70,19570.2k $2.4m $2.4m 0.01% Reduced -80.4k -80,375
23 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 65,87165.9k $2.3m $2.3m 0.00% Added +18.0k +18,026
24 Prospera Financial Services Inc 0.04% of their portfolio Dallas, TX 65,32265.3k $2.3m $2.3m 0.04% Added +12.5k +12,457
25 Creekside Partners 1.08% of their portfolio PETALUMA, CA 65,28965.3k $2.3m $2.3m 1.08% Added +271 +271
26 TPG Advisors LLC 1.43% of their portfolio NORTHFIELD, IL 56,71656.7k $2.0m $2.0m 1.43% Added +1.4k +1,370
27 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 55,62955.6k $2.0m $2.0m 0.00% New
28 STEPHENS INC /AR/ 0.02% of their portfolio LITTLE ROCK, AR 52,17252.2k $1.8m $1.8m 0.02% Added +2.2k +2,168
29 FIRST FOUNDATION ADVISORS 0.07% of their portfolio Irvine, CA 50,49050.5k $1.8m $1.8m 0.07% Reduced -254 -254
30 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 49,43549.4k $1.7m $1.7m 0.00% Added +386 +386
31 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 49,04649.0k $1.7m $1.7m 0.01% Reduced -950 -950
32 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 44,92044.9k $1.6m $1.6m 0.00% Added +32.6k +32,560
33 Mattson Financial Services, LLC 0.37% of their portfolio KENTWOOD, MI 39,83639.8k $1.4m $1.4m 0.37% Reduced -1.8k -1,822
34 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 38,31438.3k $1.3m $1.3m 0.01% New
35 Acorn Wealth Advisors, LLC 0.46% of their portfolio Grand Blanc, MI 35,32335.3k $1.2m $1.2m 0.46% Reduced -3.3k -3,315
36 Paladin Wealth, LLC 0.89% of their portfolio ARDEN HILLS, MN 32,93732.9k $1.1m $1.1m 0.89% Added +2.1k +2,085
37 Beaumont Financial Advisors, LLC 0.08% of their portfolio NEEDHAM, MA 31,98032.0k $1.1m $1.1m 0.08% Reduced -1.2k -1,216
38 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 29,37529.4k $1.0m $1.0m 0.01% Reduced -33.6k -33,575
39 Stonebridge Financial Planning Group, LLC 0.42% of their portfolio ORLANDO, FL 28,64828.6k $997.0k $997.0k 0.42% Reduced -1.9k -1,934
40 PURSUE WEALTH PARTNERS LLC 0.54% of their portfolio ALAMO, CA 27,22127.2k $947.3k $947.3k 0.54% Reduced -20.0k -20,000
41 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 26,51026.5k $923.0k $923.0k 0.00% Added +78 +78
42 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 24,87524.9k $866.0k $866.0k 0.00% Reduced -6.1k -6,147
43 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 24,74824.7k $861.2k $861.2k 0.00% Reduced -33.8k -33,788
44 First Financial Group Corp 0.83% of their portfolio RALEIGH, NC 24,55124.6k $854.4k $854.4k 0.83% Added +2.1k +2,085
45 Argent Trust Co 0.03% of their portfolio NASHVILLE, TN 23,75023.8k $826.5k $826.5k 0.03% Reduced -1.0k -1,000
46 Coordinated Financial Services, Inc. 0.54% of their portfolio DENVER, CO 22,36822.4k $778.4k $778.4k 0.54% First filing
47 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 21,96222.0k $764.3k $764.3k 0.01% Reduced -5.0k -4,979
48 Stiles Financial Services Inc 0.24% of their portfolio EDINA, MN 20,33520.3k $707.7k $707.7k 0.24% Added +898 +898
49 Comprehensive Financial Consultants Institutional, Inc. 0.23% of their portfolio Bloomington, IN 20,22220.2k $703.7k $703.7k 0.23% Reduced -177 -177
50 Lowe Wealth Advisors, LLC 0.27% of their portfolio COLUMBIA, MD 19,89219.9k $692.2k $692.2k 0.27% Reduced -532 -532
51 IRON Financial LLC 0.34% of their portfolio NORTHBROOK, IL 18,60118.6k $647.3k $647.3k 0.34% Added +388 +388
52 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 16,13516.1k $561.5k $561.5k 0.02% New
53 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 15,58315.6k $542.3k $542.3k 0.01% Reduced -3.1k -3,130
54 Patton Albertson Miller Group, LLC 0.07% of their portfolio Chattanooga, TN 14,50714.5k $504.8k $504.8k 0.07% Reduced -16.8k -16,763
55 Essex Financial Services, Inc. 0.03% of their portfolio ESSEX, CT 14,48914.5k $504.2k $504.2k 0.03% Reduced -3.2k -3,238
56 AlphaCore Capital LLC 0.02% of their portfolio LA JOLLA, CA 14,35014.3k $499.4k $499.4k 0.02% Unchanged
57 Mariner, LLC 0.00% of their portfolio Overland Park, KS 13,72713.7k $477.7k $477.7k 0.00% Reduced -616 -616
58 ROVIN CAPITAL /UT/ /ADV 0.14% of their portfolio MESA, AZ 13,70913.7k $477.0k $477.0k 0.14% Unchanged
59 Tranquility Partners, LLC 0.17% of their portfolio Brentwood, TN 13,62913.6k $474.3k $474.3k 0.17% Added +229 +229
60 Copley Financial Group, Inc. 0.35% of their portfolio SAN DIEGO, CA 13,57213.6k $472.3k $472.3k 0.35% Reduced -706 -706
61 Ancora Advisors LLC 0.01% of their portfolio Cleveland, OH 13,05813.1k $454.4k $454.4k 0.01% Added +1.3k +1,318
62 VestGen Advisors, LLC 0.02% of their portfolio CHICAGO, IL 13,01213.0k $452.8k $452.8k 0.02% Reduced -55.3k -55,307
63 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 12,68812.7k $442.0k $442.0k 0.00% New
64 Principle Wealth Partners LLC 0.03% of their portfolio MADISON, CT 12,20812.2k $424.8k $424.8k 0.03% Reduced -794.1k -794,058
65 Atlas Wealth LLC 0.15% of their portfolio CINCINNATI, OH 11,37411.4k $402.8k $402.8k 0.15% Reduced -3.7k -3,661
66 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 11,08611.1k $385.8k $385.8k 0.01% Added +2.8k +2,843
67 COMERICA BANK 0.00% of their portfolio DALLAS, TX 10,75210.8k $374.2k $374.2k 0.00% Reduced -201 -201
68 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 10,19310.2k $354.7k $354.7k 0.00% New
69 Capital Analysts, LLC 0.01% of their portfolio FORT WASHINGTON, PA 9,6149.6k $335.0k $335.0k 0.01% Reduced -3 -3
70 Capital Investment Advisory Services, LLC 0.03% of their portfolio RALEIGH, NC 8,9338.9k $310.9k $310.9k 0.03% Reduced -1.7k -1,718
71 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 8,9248.9k $310.5k $310.5k 0.00% Reduced -1.1k -1,055
72 CALTON & ASSOCIATES, INC. 0.05% of their portfolio Tampa, FL 8,8138.8k $306.7k $306.7k 0.05% Added +19 +19
73 Fermata Advisors, LLC 0.08% of their portfolio SONOMA, CA 8,5708.6k $298.2k $298.2k 0.08% New
74 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 8,0848.1k $281.3k $281.3k 0.00% Added +304 +304
75 Soundwatch Capital LLC 0.07% of their portfolio DALLAS, TX 7,8247.8k $438.5k $438.5k 0.07% Added +39 +39
76 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 7,2537.3k $252.4k $252.4k 0.01% Added +386 +386
77 Whitaker-Myers Wealth Managers, LTD. 0.06% of their portfolio Mansfield, OH 7,2307.2k $251.6k $251.6k 0.06% Added +580 +580
78 Etesian Wealth Advisors, Inc. 0.09% of their portfolio West Linn, OR 7,1467.1k $248.7k $248.7k 0.09% Reduced -1.0k -1,039
79 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 6,8296.8k $237.6k $237.6k 0.00% Reduced -14.2k -14,213
80 SageView Advisory Group, LLC 0.01% of their portfolio Newport Beach, CA 6,5616.6k $236.4k $236.4k 0.01% Unchanged
81 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 5,7555.8k $200.3k $200.3k 0.00% New
82 SIERRA OCEAN, LLC 0.10% of their portfolio RIPON, CA 4,2264.2k $143.0k $143.0k 0.10% Unchanged
83 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,8362.8k $98.7k $98.7k 0.00% New
84 IAG Wealth Partners, LLC 0.01% of their portfolio WAUKESHA, WI 2,3052.3k $80.2k $80.2k 0.01% Unchanged
85 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 1,6591.7k $57.7k $57.7k 0.01% Reduced -2.4k -2,380
86 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 1,4321.4k $49.8k $49.8k 0.00% Added +895 +895
87 GPS Wealth Strategies Group, LLC 0.00% of their portfolio CENTENNIAL, CO 1,0801.1k $37.6k $37.6k 0.00% Unchanged
88 EASTERN BANK 0.00% of their portfolio BOSTON, MA 1,0001.0k $34.8k $34.8k 0.00% Unchanged
89 UBS Group AG 0.00% of their portfolio ZURICH, V8 720720 $25.1k $25.1k 0.00% New
90 CLEAR INVESTMENT RESEARCH, LLC 0.03% of their portfolio ALPHARETTA, GA 652652 $22.7k $22.7k 0.03% Added +76 +76
91 FAS Wealth Partners, Inc. 0.00% of their portfolio LEAWOOD, KS 633633 $22.0k $22.0k 0.00% Reduced -1 -1
92 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 569569 $19.8k $19.8k 0.00% New
93 Global X Japan Co., Ltd. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 527527 $18.3k $18.3k 0.00% Added +330 +330
94 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 515515 $17.9k $17.9k 0.00% Added +55 +55
95 1620 INVESTMENT ADVISORS, INC. 0.01% of their portfolio PLYMOUTH, MA 500500 $17.4k $17.4k 0.01% Added +125 +125
96 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 316316 $11.0k $11.0k 0.00% New
97 CWM, LLC 0.00% of their portfolio OMAHA, NE 215215 $7.0k $7.0k 0.00% Unchanged
98 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 165165 $6.0k $6.0k 0.00% Unchanged
99 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 156156 $5.4k $5.4k 0.00% Added +104 +104
100 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8080 $2.8k $2.8k 0.00% New