Capula Management’s VanEck Semiconductor ETF SMH Stock Holding History

Capula 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	$1.32M	Buy	2,016 +1,967	+4,014%	+$1.07M	﹤0.01%	264
2026 Q1	$18.8K	Sell	49 -33,795	-100%	-$13.4M	﹤0.01%	1050
2025 Q4	$12.2M	Sell	33,844 -293,531	-90%	-$103M	0.06%	103
2025 Q3	$107M	Buy	327,375 +322,167	+6,186%	+$95.4M	0.53%	31
2025 Q2	$1.45M	Sell	5,208 -123,505	-96%	-$28.6M	0.01%	151
2025 Q1	$27.2M	Buy	+128,713	New	+$30.9M	0.15%	54
2024 Q4	–	Sell	-10,192	Closed	-$2.5M	–	581
2024 Q3	$2.5M	Sell	10,192 -14,169	-58%	-$3.45M	0.03%	81
2024 Q2	$6.35M	Buy	+24,361	New	+$5.71M	0.05%	62
2024 Q1	–	Sell	-138,000	Closed	-$27.7M	–	586
2023 Q4	$24.1M	Buy	138,000 +85,000	+160%	+$13.3M	0.97%	14
2023 Q3	$7.68M	Buy	+53,000	New	+$8.03M	0.16%	71
2022 Q4	–	Sell	-58,462	Closed	-$5.94M	–	884
2022 Q3	$5.41M	Buy	+58,462	New	+$6.37M	0.07%	243

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

Capula Management's SMH Position: Q2 2026 in Review

Capula Management increased its VanEck Semiconductor ETF (SMH) stake by 4,014% in Q2 2026, buying an estimated $1.07M and bringing the position to 2,016 shares worth $1.32M. The position accounts for ﹤0.01% of the portfolio, ranked #264.

Capula Management first reported a position in SMH in Q3 2022 and has held it in 11 quarters since. The position peaked at $107M in Q3 2025. 1,550 funds tracked by Wall St. Rank hold SMH as of Q2 2026.

Capula Management held 2,016 shares of VanEck Semiconductor ETF worth $1.32M as of Q2 2026.
Capula Management bought 1,967 VanEck Semiconductor ETF shares in Q2 2026, an estimated $1.07M.
VanEck Semiconductor ETF made up ﹤0.01% of Capula Management's portfolio in Q2 2026, its #264 holding.
Capula Management first reported a position in VanEck Semiconductor ETF in Q3 2022 and has held it in 11 quarters since.
Capula Management's VanEck Semiconductor ETF position peaked at $107M in Q3 2025.
1,550 funds tracked by Wall St. Rank held VanEck Semiconductor ETF as of Q2 2026.

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