Capstone Investment Advisors’s VanEck Semiconductor ETF SMH Stock Holding History

Capstone Investment Advisors’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	$1.15M	Hold	3,000	–	–	﹤0.01%	814
2025 Q4	$1.08M	Sell	3,000 -278,400	-99%	-$97.7M	﹤0.01%	840
2025 Q3	$91.8M	Buy	281,400 +228,300	+430%	+$67.6M	0.17%	59
2025 Q2	$14.8M	Sell	53,100 -323,800	-86%	-$75.1M	0.04%	188
2025 Q1	$79.7M	Buy	+376,900	New	+$90.3M	0.21%	51
2024 Q2	–	Sell	-4,400	Closed	-$990K	–	2440
2024 Q1	$990K	Hold	4,400	–	–	﹤0.01%	1157
2023 Q4	$769K	Sell	4,400 -5,200	-54%	-$814K	﹤0.01%	1154
2023 Q3	$1.39M	Sell	9,600 -6,400	-40%	-$969K	0.01%	862
2023 Q2	$2.44M	Buy	+16,000	New	+$2.16M	0.01%	581
2022 Q3	–	Sell	-8,600	Closed	-$876K	–	1753
2022 Q2	$876K	Hold	8,600	–	–	﹤0.01%	1072
2022 Q1	$1.16M	Sell	8,600 -214,600	-96%	-$29.4M	﹤0.01%	1257
2021 Q4	$34.5M	Sell	223,200 -72,800	-25%	-$10.5M	0.06%	294
2021 Q3	$37.9M	Sell	296,000 -5,200	-2%	-$685K	0.08%	247
2021 Q2	$39.5M	Sell	301,200 -68,000	-18%	-$8.4M	0.09%	194
2021 Q1	$45M	Buy	+369,200	New	+$43.7M	0.13%	156
2020 Q4	–	Sell	-50,000	Closed	-$4.36M	–	1754
2020 Q3	$4.36M	Buy	+50,000	New	+$4.19M	0.02%	551
2020 Q1	–	Sell	-243,000	Closed	-$17.2M	–	1373
2019 Q4	$17.2M	Buy	243,000 +184,400	+315%	+$12.1M	0.09%	231
2019 Q3	$3.49M	Sell	58,600 -587,000	-91%	-$34M	0.02%	565
2019 Q2	$35.6M	Buy	645,600 +255,400	+65%	+$13.9M	0.26%	89
2019 Q1	$20.7M	Buy	390,200 +250,200	+179%	+$12.4M	0.19%	116
2018 Q4	$6.11M	Buy	140,000 +90,000	+180%	+$4.22M	0.08%	212
2018 Q3	$2.66M	Buy	+50,000	New	+$2.66M	0.03%	370
2018 Q2	–	Sell	-58,400	Closed	-$3.04M	–	723
2018 Q1	$3.04M	Sell	58,400 -171,600	-75%	-$9.04M	0.06%	168
2017 Q4	$11.2M	Sell	230,000 -70,000	-23%	-$3.49M	0.32%	66
2017 Q3	$14M	Buy	+300,000	New	+$13.1M	0.49%	53

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 $303B AUM 53.02% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

MIH

Meitav Investment House Bene-Beraq, Israel $14.9B AUM 46.8% 1-Year Est. Return

Capstone Investment Advisors's SMH Position: Q1 2026 in Review

Capstone Investment Advisors opened a new position in VanEck Semiconductor ETF (SMH) in Q1 2026: 4,880 shares worth $1.87M. The stake represents ﹤0.01% of the portfolio and ranks #671 among its holdings. This is a return to the name: Capstone Investment Advisors previously reported a position in SMH as recently as Q3 2025.

Capstone Investment Advisors first reported a position in SMH in Q3 2017 and has held it in 20 quarters since. The position peaked at $8.36M in Q1 2021. 1,300 funds tracked by Wall St. Rank hold SMH as of Q1 2026.

Capstone Investment Advisors held 4,880 shares of VanEck Semiconductor ETF worth $1.87M as of Q1 2026.
VanEck Semiconductor ETF was a new Capstone Investment Advisors position in Q1 2026.
VanEck Semiconductor ETF made up ﹤0.01% of Capstone Investment Advisors's portfolio in Q1 2026, its #671 holding.
Capstone Investment Advisors first reported a position in VanEck Semiconductor ETF in Q3 2017 and has held it in 20 quarters since.
Capstone Investment Advisors's VanEck Semiconductor ETF position peaked at $8.36M in Q1 2021.
1,300 funds tracked by Wall St. Rank held VanEck Semiconductor ETF as of Q1 2026.

Based on Capstone Investment Advisors's 13F filing for Q1 2026, filed 15 May 2026.