Avalon Capital Management’s VanEck Semiconductor ETF SMH Stock Holding History

Avalon Capital Management’s Portfolio SMH Stock Details SMH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$31.5M	Buy	47,957 +1,273	+3%	+$695K	7.43%	2
2026 Q1	$17.9M	Sell	46,684 -3,318	-7%	-$1.32M	5.05%	4
2025 Q4	$18M	Buy	50,002 +8,743	+21%	+$3.07M	4.31%	4
2025 Q3	$13.5M	Sell	41,259 -329	-0.8%	-$97.4K	3.3%	8
2025 Q2	$11.6M	Buy	41,588 +31,542	+314%	+$7.31M	3.12%	7
2025 Q1	$2.12M	Sell	10,046 -21,911	-69%	-$5.25M	0.62%	42
2024 Q4	$7.74M	Buy	31,957 +10,155	+47%	+$2.52M	2.5%	8
2024 Q3	$5.35M	Sell	21,802 -759	-3%	-$185K	1.62%	19
2024 Q2	$5.88M	Sell	22,561 -10,088	-31%	-$2.37M	1.86%	16
2024 Q1	$7.35M	Sell	32,649 -22	-0.1%	-$4.42K	3.01%	12
2023 Q4	$5.71M	Buy	+32,671	New	+$5.11M	2.4%	13
2016 Q3	–	Sell	-13,796	Closed	-$393K	–	85
2016 Q2	$393K	Buy	+13,796	New	+$378K	0.31%	57
2015 Q1	–	Sell	-78,280	Closed	-$2.14M	–	86
2014 Q4	$2.14M	Buy	+78,280	New	+$2.04M	1.64%	25

Other funds holding SMH

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

BNP Paribas Financial Markets Paris, France $289B AUM 60.46% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $1.28T AUM 58.89% 1-Year Est. Return

Barclays London, United Kingdom $521B AUM 51.41% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

JRP

Jasper Ridge Partners Menlo Park, California $4.69B AUM 31.34% 1-Year Est. Return

Avalon Capital Management's SMH Position: Q2 2026 in Review

Avalon Capital Management increased its VanEck Semiconductor ETF (SMH) stake by 2.7% in Q2 2026, buying an estimated $695K and bringing the position to 47,957 shares worth $31.5M. The position accounts for 7.43% of the portfolio, ranked #2.

Avalon Capital Management first reported a position in SMH in Q4 2014 and has held it in 13 quarters since. 1,554 funds tracked by Wall St. Rank hold SMH as of Q2 2026.

Avalon Capital Management held 47,957 shares of VanEck Semiconductor ETF worth $31.5M as of Q2 2026.
Avalon Capital Management bought 1,273 VanEck Semiconductor ETF shares in Q2 2026, an estimated $695K.
VanEck Semiconductor ETF made up 7.43% of Avalon Capital Management's portfolio in Q2 2026, its #2 holding.
Avalon Capital Management first reported a position in VanEck Semiconductor ETF in Q4 2014 and has held it in 13 quarters since.
1,554 funds tracked by Wall St. Rank held VanEck Semiconductor ETF as of Q2 2026.

Based on Avalon Capital Management's 13F filing for Q2 2026, filed 16 Jul 2026.