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	$820M	Sell	2,137,600 -13,300	-0.6%	-$5.28M	0.97%	12
2025 Q4	$775M	Buy	2,150,900 +278,900	+15%	+$97.9M	0.83%	17
2025 Q3	$611M	Sell	1,872,000 -507,700	-21%	-$150M	0.7%	19
2025 Q2	$664M	Buy	2,379,700 +873,100	+58%	+$202M	0.78%	17
2025 Q1	$319M	Buy	1,506,600 +419,500	+39%	+$101M	0.36%	23
2024 Q4	$263M	Buy	1,087,100 +677,400	+165%	+$168M	0.32%	22
2024 Q3	$101M	Buy	+409,700	New	+$99.6M	0.14%	29

Other funds holding SMH

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

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 Paris, France $206B AUM 31.61% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

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.