Carmel Capital Management’s VanEck Semiconductor ETF SMH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.89M	Sell	4,937 -125	-2%	-$49.6K	0.54%	23
2025 Q4	$1.82M	Hold	5,062	–	–	0.55%	21
2025 Q3	$1.65M	Hold	5,062	–	–	0.5%	23
2025 Q2	$1.41M	Hold	5,062	–	–	0.48%	23
2025 Q1	$1.07M	Sell	5,062 -50	-1%	-$12K	0.43%	23
2024 Q4	$1.24M	Sell	5,112 -10	-0.2%	-$2.48K	0.47%	24
2024 Q3	$1.26M	Hold	5,122	–	–	0.47%	25
2024 Q2	$1.34M	Buy	5,122 +50	+1%	+$11.7K	0.52%	24
2024 Q1	$1.14M	Hold	5,072	–	–	0.47%	24
2023 Q4	$887K	Hold	5,072	–	–	0.43%	26
2023 Q3	$735K	Hold	5,072	–	–	0.42%	27
2023 Q2	$772K	Sell	5,072 -210	-4%	-$28.4K	0.4%	27
2023 Q1	$695K	Hold	5,282	–	–	0.4%	28
2022 Q4	$536K	Hold	5,282	–	–	0.33%	30
2022 Q3	$489K	Sell	5,282 -914	-15%	-$99.6K	0.32%	32
2022 Q2	$631K	Sell	6,196 -10	-0.2%	-$1.16K	0.39%	31
2022 Q1	$837K	Hold	6,206	–	–	0.44%	29
2021 Q4	$958K	Buy	+6,206	New	+$897K	0.47%	29