Brevan Howard Capital Management’s VanEck Semiconductor ETF SMH Stock Holding History

Brevan Howard 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	$2.16M	Buy	+3,300	New	+$1.8M	0.02%	685
2024 Q4	–	Sell	-60,000	Closed	-$14.7M	–	1395
2024 Q3	$14.7M	Sell	60,000 -400,000	-87%	-$97.3M	0.1%	49
2024 Q2	$120M	Buy	460,000 +370,000	+411%	+$86.8M	1.07%	12
2024 Q1	$20.2M	Buy	+90,000	New	+$18.1M	0.18%	28
2023 Q2	–	Sell	-400,000	Closed	-$52.6M	–	220
2023 Q1	$52.6M	Buy	+400,000	New	+$48M	1.38%	14
2021 Q1	–	Sell	-400,000	Closed	-$43.7M	–	59
2020 Q4	$43.7M	Buy	+400,000	New	+$39.6M	8.76%	4
2014 Q3	–	Sell	-100,000	Closed	-$2.48M	–	17
2014 Q2	$2.48M	Buy	+100,000	New	+$2.31M	1.15%	14

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

Brevan Howard Capital Management's SMH Position: Q2 2026 in Review

Brevan Howard Capital Management reduced its VanEck Semiconductor ETF (SMH) stake by 88% in Q2 2026, selling an estimated $9.69M and leaving 2,348 shares worth $1.54M. The position accounts for 0.01% of the portfolio, ranked #849.

Brevan Howard Capital Management first reported a position in SMH in Q4 2022 and has held it in 9 quarters since. The position peaked at $19M in Q1 2024. 1,552 funds tracked by Wall St. Rank hold SMH as of Q2 2026.

Brevan Howard Capital Management held 2,348 shares of VanEck Semiconductor ETF worth $1.54M as of Q2 2026.
Brevan Howard Capital Management sold 17,752 VanEck Semiconductor ETF shares in Q2 2026, an estimated $9.69M.
VanEck Semiconductor ETF made up 0.01% of Brevan Howard Capital Management's portfolio in Q2 2026, its #849 holding.
Brevan Howard Capital Management first reported a position in VanEck Semiconductor ETF in Q4 2022 and has held it in 9 quarters since.
Brevan Howard Capital Management's VanEck Semiconductor ETF position peaked at $19M in Q1 2024.
1,552 funds tracked by Wall St. Rank held VanEck Semiconductor ETF as of Q2 2026.

Based on Brevan Howard Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.