Vault-13

VANECK ETF TRUST SMOT

MORNINGSTAR SMID · ETP · CUSIP 92189H730

107 institutional holders -2 vs Q4 2025
6,847,2066.8m shares reported held*
$241.4mreported value*
12 new 35 added 37 reduced 12 sold out net sold ≈ $25.5m (-724.5k 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 ($6.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.25.

Trends to Q1 2026

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: 103Q3 25: 104Q4 25: 109Q1 26: 107107Q4 22Q3 23Q2 24Q1 25Q1 26
Numbers
QuarterHolders
Q4 20226
Q1 202322
Q2 202331
Q3 202347
Q4 202366
Q1 202480
Q2 202491
Q3 202494
Q4 2024101
Q1 2025100
Q2 2025103
Q3 2025104
Q4 2025109
Q1 2026107

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 51 bought or addedQ2 24: 36 cut or sold outQ3 24: 54 bought or addedQ3 24: 43 cut or sold outQ3 24Q4 24: 67 bought or addedQ4 24: 30 cut or sold outQ1 25: 56 bought or addedQ1 25: 39 cut or sold outQ1 25Q2 25: 46 bought or addedQ2 25: 55 cut or sold outQ3 25: 41 bought or addedQ3 25: 51 cut or sold outQ3 25Q4 25: 46 bought or addedQ4 25: 57 cut or sold outQ1 26: 47 bought or addedQ1 26: 49 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20245136
Q3 20245443
Q4 20246730
Q1 20255639
Q2 20254655
Q3 20254151
Q4 20254657
Q1 20264749

Biggest buyers

FLOW TRADERS U.S. LLC New +90,668+90.7k
Ascentis Independent Advisors New +57,978+58.0k
Mesirow Financial Investment Management, Inc. Added +52,907+52.9k
Gradient Investments LLC Added +47,075+47.1k
GOLDMAN SACHS GROUP INC New +19,838+19.8k
GREAT VALLEY ADVISOR GROUP, INC. New +16,337+16.3k
JONES FINANCIAL COMPANIES LLLP Added +14,847+14.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +13,838+13.8k
FIFTH THIRD BANCORP New +9,947+9.9k
OSAIC HOLDINGS, INC. Added +8,503+8.5k

Biggest sellers

GREAT LAKES ADVISORS, LLC Reduced -319,479-319.5k
LPL Financial LLC Reduced -165,904-165.9k
MML INVESTORS SERVICES, LLC Sold out -139,784-139.8k
MORGAN STANLEY Reduced -108,718-108.7k
FINANCIAL MANAGEMENT NETWORK INC Reduced -83,800-83.8k
Stegent Equity Advisors, Inc. Reduced -56,180-56.2k
Kestra Advisory Services, LLC Reduced -25,980-26.0k
Farther Finance Advisors, LLC Reduced -25,263-25.3k
Cetera Investment Advisers Reduced -21,698-21.7k
Acorn Wealth Advisors, LLC Sold out -21,529-21.5k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 930,882930.9k $32.8m $32.8m 0.01% Reduced -165.9k -165,904
2 Gradient Investments LLC 0.47% of their portfolio ARDEN HILLS, MN 870,035870.0k $30.6m $30.6m 0.47% Added +47.1k +47,075
3 GREAT LAKES ADVISORS, LLC 0.24% of their portfolio CHICAGO, IL 815,034815.0k $28.7m $28.7m 0.24% Reduced -319.5k -319,479
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 493,502493.5k $17.4m $17.4m 0.00% Reduced -108.7k -108,718
5 FINANCIAL MANAGEMENT NETWORK INC 2.63% of their portfolio MISSION VIEJO, CA 476,202476.2k $17.2m $17.2m 2.63% Reduced -83.8k -83,800
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 420,268420.3k $14.8m $14.8m 0.00% Reduced -9.3k -9,311
7 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.07% of their portfolio IRVING, TX 338,529338.5k $11.9m $11.9m 0.07% Reduced -1.4k -1,408
8 Mesirow Financial Investment Management, Inc. 0.15% of their portfolio CHICAGO, IL 268,142268.1k $9.4m $9.4m 0.15% Added +52.9k +52,907
9 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 169,390169.4k $6.0m $6.0m 0.00% Reduced -21.0k -20,970
10 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 106,019106.0k $3.7m $3.7m 0.00% Added +14.8k +14,847
11 FOCUSED ALPHA, LLC 1.15% of their portfolio DENVER, CO 105,350105.3k $3.7m $3.7m 1.15% Unchanged
12 FLOW TRADERS U.S. LLC 0.10% of their portfolio NEW YORK, NY 90,66890.7k $3.2m $3.2m 0.10% New
13 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 83,01783.0k $2.9m $2.9m 0.01% Reduced -10.4k -10,425
14 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.34% of their portfolio Miamisburg, OH 81,45881.5k $2.9m $2.9m 0.34% Added +516 +516
15 Creekside Partners 0.97% of their portfolio PETALUMA, CA 67,16167.2k $2.4m $2.4m 0.97% Added +2.6k +2,558
16 Prospera Financial Services Inc 0.04% of their portfolio Dallas, TX 65,11565.1k $2.3m $2.3m 0.04% Added +1.1k +1,085
17 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 61,50761.5k $2.2m $2.2m 0.00% Reduced -4.5k -4,484
18 TRUE Private Wealth Advisors 0.21% of their portfolio Salem, OR 61,20961.2k $2.2m $2.2m 0.21% Added +5.0k +4,965
19 Ascentis Independent Advisors 0.15% of their portfolio DALLAS, TX 57,97858.0k $2.0m $2.0m 0.15% New
20 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 53,77353.8k $1.9m $1.9m 0.00% Added +769 +769
21 STEPHENS INC /AR/ 0.02% of their portfolio LITTLE ROCK, AR 51,55951.6k $1.8m $1.8m 0.02% Added +2.2k +2,191
22 Family Office Research LLC 0.79% of their portfolio Bethesda, MD 51,50551.5k $1.8m $1.8m 0.79% Reduced -15.3k -15,301
23 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 49,67449.7k $1.7m $1.7m 0.00% Added +710 +710
24 Brown Financial Advisors 0.65% of their portfolio MILFORD, OH 48,46048.5k $1.7m $1.7m 0.65% Added +62 +62
25 TPG Advisors LLC 1.05% of their portfolio NORTHFIELD, IL 47,80147.8k $1.7m $1.7m 1.05% Reduced -13.9k -13,901
26 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 45,65745.7k $1.6m $1.6m 0.01% Reduced -1.5k -1,510
27 PURSUE WEALTH PARTNERS LLC 0.95% of their portfolio ALAMO, CA 45,26145.3k $1.6m $1.6m 0.95% Added +660 +660
28 FIRST FOUNDATION ADVISORS 0.06% of their portfolio Irvine, CA 44,17844.2k $1.6m $1.6m 0.06% Reduced -1.6k -1,589
29 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 41,23541.2k $1.5m $1.5m 0.00% Reduced -21.7k -21,698
30 Vise Technologies, Inc. 0.03% of their portfolio NEW YORK, NY 36,08236.1k $1.3m $1.3m 0.03% Unchanged
31 Beaumont Financial Advisors, LLC 0.08% of their portfolio NEEDHAM, MA 31,82831.8k $1.1m $1.1m 0.08% Reduced -38 -38
32 Bank of New Hampshire 0.25% of their portfolio LACONIA, NH 31,18231.2k $1.1m $1.1m 0.25% Added +7.3k +7,256
33 Stonebridge Financial Planning Group, LLC 0.40% of their portfolio ORLANDO, FL 30,84930.8k $1.1m $1.1m 0.40% Reduced -1.3k -1,325
34 Paladin Wealth, LLC 0.74% of their portfolio ARDEN HILLS, MN 30,56230.6k $1.1m $1.1m 0.74% Added +3.4k +3,437
35 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 28,17628.2k $991.5k $991.5k 0.00% Added +42 +42
36 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 26,73826.7k $940.9k $940.9k 0.00% Added +1.9k +1,913
37 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 26,61226.6k $936.5k $936.5k 0.01% Added +6.6k +6,551
38 Coordinated Financial Services, Inc. 0.47% of their portfolio DENVER, CO 23,10223.1k $813.0k $813.0k 0.47% Added +984 +984
39 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 22,21522.2k $781.7k $781.7k 0.00% Reduced -5.0k -5,050
40 Mattson Financial Services, LLC 0.19% of their portfolio KENTWOOD, MI 22,21322.2k $781.7k $781.7k 0.19% Reduced -490 -490
41 Stiles Financial Services Inc 0.24% of their portfolio EDINA, MN 22,04322.0k $775.7k $775.7k 0.24% Added +120 +120
42 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 21,89521.9k $770.5k $770.5k 0.00% Added +8.1k +8,082
43 First Financial Group Corp 0.61% of their portfolio RALEIGH, NC 21,36321.4k $751.8k $751.8k 0.61% Reduced -200 -200
44 Argent Trust Co 0.03% of their portfolio NASHVILLE, TN 20,95020.9k $737.2k $737.2k 0.03% Reduced -800 -800
45 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 19,83819.8k $698.1k $698.1k 0.00% New
46 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 19,69019.7k $712.8k $712.8k 0.00% Added +324 +324
47 Comprehensive Financial Consultants Institutional, Inc. 0.20% of their portfolio Bloomington, IN 19,48019.5k $685.5k $685.5k 0.20% Reduced -345 -345
48 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 18,59718.6k $654.4k $654.4k 0.00% Reduced -26.0k -25,980
49 WOODMONT INVESTMENT COUNSEL LLC 0.04% of their portfolio NASHVILLE, TN 17,09717.1k $601.6k $601.6k 0.04% Reduced -2.4k -2,353
50 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 16,33716.3k $574.9k $574.9k 0.01% New
51 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,88815.9k $559.0k $559.0k 0.00% Added +6.0k +5,981
52 Mariner, LLC 0.00% of their portfolio Overland Park, KS 14,93014.9k $525.4k $525.4k 0.00% Added +243 +243
53 AlphaCore Capital LLC 0.01% of their portfolio LA JOLLA, CA 14,35014.3k $505.0k $505.0k 0.01% Unchanged
54 Atlas Wealth LLC 0.15% of their portfolio CINCINNATI, OH 14,12914.1k $497.2k $497.2k 0.15% Added +2.8k +2,755
55 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 14,10814.1k $496.4k $496.4k 0.01% Added +83 +83
56 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,83813.8k $487.0k $487.0k 0.00% New
57 Tranquility Partners, LLC 0.18% of their portfolio Brentwood, TN 13,57713.6k $477.8k $477.8k 0.18% Added +239 +239
58 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 11,65011.7k $410.0k $410.0k 0.00% Reduced -500 -500
59 Principle Wealth Partners LLC 0.02% of their portfolio MADISON, CT 11,62011.6k $408.9k $408.9k 0.02% Reduced -284 -284
60 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 11,36111.4k $399.8k $399.8k 0.00% Added +8.5k +8,503
61 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 11,27111.3k $396.6k $396.6k 0.00% Added +1.1k +1,145
62 Essex Financial Services, Inc. 0.02% of their portfolio ESSEX, CT 11,17711.2k $393.3k $393.3k 0.02% Reduced -594 -594
63 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 9,9479.9k $350.0k $350.0k 0.00% New
64 Capital Analysts, LLC 0.01% of their portfolio FORT WASHINGTON, PA 9,6969.7k $341.0k $341.0k 0.01% Reduced -1 -1
65 Stegent Equity Advisors, Inc. 0.29% of their portfolio HOUSTON, TX 9,6789.7k $340.6k $340.6k 0.29% Reduced -56.2k -56,180
66 Copley Financial Group, Inc. 0.18% of their portfolio SAN DIEGO, CA 8,5648.6k $301.4k $301.4k 0.18% Reduced -717 -717
67 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 8,2478.2k $290.2k $290.2k 0.01% Unchanged
68 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 7,9978.0k $281.4k $281.4k 0.00% Reduced -283 -283
69 Fermata Advisors, LLC 0.06% of their portfolio SONOMA, CA 7,8497.8k $276.2k $276.2k 0.06% Reduced -252 -252
70 Capital Investment Advisory Services, LLC 0.02% of their portfolio RALEIGH, NC 7,8447.8k $276.0k $276.0k 0.02% Added +335 +335
71 Soundwatch Capital LLC 0.03% of their portfolio DALLAS, TX 7,8397.8k $275.8k $275.8k 0.03% Added +85 +85
72 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 7,7437.7k $272.5k $272.5k 0.00% Reduced -413 -413
73 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 7,3897.4k $260.0k $260.0k 0.00% New
74 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 7,3557.4k $258.8k $258.8k 0.01% New
75 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 6,6006.6k $232.3k $232.3k 0.00% Reduced -163 -163
76 SageView Advisory Group, LLC 0.01% of their portfolio Newport Beach, CA 6,5616.6k $230.9k $230.9k 0.01% Unchanged
77 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 4,8784.9k $171.7k $171.7k 0.00% Added +514 +514
78 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 4,3474.3k $153.0k $153.0k 0.00% Reduced -8.7k -8,711
79 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 2,0032.0k $70.5k $70.5k 0.00% Unchanged
80 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,9441.9k $68.4k $68.4k 0.00% Reduced -898 -898
81 FMR LLC 0.00% of their portfolio BOSTON, MA 1,7031.7k $59.9k $59.9k 0.00% Added +772 +772
82 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 1,6591.7k $58.4k $58.4k 0.01% Unchanged
83 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 1,3821.4k $48.6k $48.6k 0.00% Unchanged
84 1620 INVESTMENT ADVISORS, INC. 0.03% of their portfolio PLYMOUTH, MA 1,1851.2k $41.7k $41.7k 0.03% Added +350 +350
85 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,1471.1k $40.4k $40.4k 0.00% Unchanged
86 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 1,1151.1k $39.2k $39.2k 0.00% Unchanged
87 EASTERN BANK 0.00% of their portfolio BOSTON, MA 1,0001.0k $35.2k $35.2k 0.00% Unchanged
88 Global X Japan Co., Ltd. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 843843 $29.7k $29.7k 0.00% New
89 CLEAR INVESTMENT RESEARCH, LLC 0.04% of their portfolio ALPHARETTA, GA 703703 $24.7k $24.7k 0.04% New
90 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 569569 $20.0k $20.0k 0.00% Unchanged
91 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 513513 $18.1k $18.1k 0.00% Added +363 +363
92 Hilton Head Capital Partners, LLC 0.01% of their portfolio HILTON HEAD ISLAND, SC 500500 $17.6k $17.6k 0.01% Unchanged
93 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 463463 $16.3k $16.3k 0.00% Unchanged
94 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 413413 $14.2k $14.2k 0.00% Added +78 +78
95 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 412412 $14.5k $14.5k 0.00% Unchanged
96 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 404404 $14.2k $14.2k 0.00% Reduced -25.3k -25,263
97 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 350350 $12.3k $12.3k 0.00% New
98 OLD SECOND NATIONAL BANK OF AURORA 0.00% of their portfolio AURORA, IL 320320 $11.3k $11.3k 0.00% Unchanged
99 VANGUARD ADVISERS INC 0.00% of their portfolio Malvern, PA 199199 $7.0k $7.0k 0.00% First filing
100 UBS Group AG 0.00% of their portfolio ZURICH, V8 186186 $6.5k $6.5k 0.00% Reduced -521 -521