Belvedere Trading
SMH icon

Belvedere Trading’s VanEck Semiconductor ETF SMH Stock Holding History

Belvedere Trading’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
Q1 		$572M Sell
1,491,600
-368,400
-20% -$146M 0.68% 15
2025
Q4 		$670M Buy
1,860,000
+4,400
+0.2% +$1.54M 0.72% 21
2025
Q3 		$606M Buy
1,855,600
+448,300
+32% +$133M 0.7% 20
2025
Q2 		$392M Buy
1,407,300
+238,700
+20% +$55.3M 0.46% 24
2025
Q1 		$247M Buy
1,168,600
+701,400
+150% +$168M 0.28% 26
2024
Q4 		$113M Buy
467,200
+223,700
+92% +$55.5M 0.14% 30
2024
Q3 		$59.8M Buy
+243,500
New +$59.2M 0.08% 33

Other funds holding SMH

Bank of America
Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
LPL Financial
LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return
JP Morgan Chase
JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return
UBS Group
UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return
MMH
Menora Mivtachim Holdings Ramat Gan, Israel $21.1B AUM 40.03% 1-Year Est. Return
BNP Paribas Financial Markets
BNP Paribas Financial Markets Paris, France $206B AUM 31.61% 1-Year Est. Return
Citigroup
Citigroup New York $235B AUM 32.99% 1-Year Est. Return
Wells Fargo
Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return
MIH
Meitav Investment House Bene-Beraq, Israel $9.12B AUM 42.07% 1-Year Est. Return

Belvedere Trading's SMH Position: Q3 2025 in Review

Belvedere Trading sold out of VanEck Semiconductor ETF (SMH) in Q3 2025, closing a stake of 378,298 shares — an estimated $112M sold.

Belvedere Trading first reported a position in SMH in Q3 2024 and held it in 3 quarters. The position peaked at $146M in Q4 2024. 1,062 funds tracked by Wall St. Rank hold SMH as of Q3 2025.

  • Belvedere Trading reported no remaining VanEck Semiconductor ETF position as of Q3 2025 after selling out during the quarter.
  • Belvedere Trading sold 378,298 VanEck Semiconductor ETF shares in Q3 2025, an estimated $112M.
  • Belvedere Trading first reported a position in VanEck Semiconductor ETF in Q3 2024 and held it in 3 quarters.
  • Belvedere Trading's VanEck Semiconductor ETF position peaked at $146M in Q4 2024.
  • 1,062 funds tracked by Wall St. Rank held VanEck Semiconductor ETF as of Q3 2025.

Based on Belvedere Trading's 13F filing for Q3 2025, filed 27 Oct 2025.