Belpointe Asset Management’s VanEck Semiconductor ETF SMH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$5.13M	Sell	13,370 -6,443	-33%	-$2.56M	0.19%	96
2025 Q4	$7.14M	Buy	19,813 +5,961	+43%	+$2.09M	0.26%	69
2025 Q3	$4.52M	Buy	13,852 +3,826	+38%	+$1.13M	0.17%	101
2025 Q2	$2.8M	Buy	10,026 +858	+9%	+$199K	0.12%	154
2025 Q1	$1.94M	Buy	9,168 +1,444	+19%	+$346K	0.1%	187
2024 Q4	$1.88M	Buy	7,724 +176	+2%	+$43.7K	0.11%	181
2024 Q3	$1.85M	Sell	7,548 -7,293	-49%	-$1.77M	0.11%	185
2024 Q2	$3.87M	Buy	14,841 +9,475	+177%	+$2.22M	0.27%	66
2024 Q1	$1.21M	Buy	+5,366	New	+$1.08M	0.09%	220
2023 Q2	–	Sell	-4,500	Closed	-$592K	–	2936
2023 Q1	$592K	Sell	4,500 -926	-17%	-$111K	0.03%	494
2022 Q4	$551K	Buy	5,426 +608	+13%	+$61.8K	0.03%	495
2022 Q3	$446K	Sell	4,818 -338	-7%	-$36.8K	0.03%	545
2022 Q2	$525K	Sell	5,156 -862	-14%	-$100K	0.04%	466
2022 Q1	$812K	Buy	6,018 +328	+6%	+$44.9K	0.05%	389
2021 Q4	$879K	Buy	5,690 +886	+18%	+$128K	0.05%	351
2021 Q3	$615K	Buy	4,804 +1,460	+44%	+$192K	0.04%	445
2021 Q2	$439K	Buy	3,344 +1,582	+90%	+$195K	0.03%	539
2021 Q1	$215K	Sell	1,762 -7,010	-80%	-$830K	0.02%	723
2020 Q4	$958K	Buy	+8,772	New	+$870K	0.09%	259