Ciovacco 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	$3.67M	Buy	9,568 +188	+2%	+$74.6K	2.14%	11
2025 Q4	$3.38M	Sell	9,380 -149	-2%	-$52.3K	1.69%	13
2025 Q3	$3.11M	Buy	9,529 +460	+5%	+$136K	1.57%	13
2025 Q2	$2.53M	Sell	9,069 -9,047	-50%	-$2.1M	1.38%	15
2025 Q1	$3.83M	Sell	18,116 -11,918	-40%	-$2.86M	2.68%	9
2024 Q4	$7.27M	Sell	30,034 -1,268	-4%	-$315K	4.16%	6
2024 Q3	$7.68M	Sell	31,302 -1,733	-5%	-$421K	4.49%	6
2024 Q2	$8.61M	Buy	33,035 +317	+1%	+$74.3K	5.55%	6
2024 Q1	$7.36M	Sell	32,718 -6,020	-16%	-$1.21M	4.95%	6
2023 Q4	$6.77M	Buy	38,738 +3,250	+9%	+$509K	5.01%	5
2023 Q3	$5.14M	Buy	35,488 +5,985	+20%	+$906K	4.27%	6
2023 Q2	$4.49M	Buy	29,503 +15,051	+104%	+$2.03M	3.62%	7
2023 Q1	$1.9M	Buy	+14,452	New	+$1.73M	2.91%	11
2022 Q2	–	Sell	-4,860	Closed	-$656K	–	28
2022 Q1	$656K	Sell	4,860 -6,824	-58%	-$935K	0.58%	12
2021 Q4	$1.8M	Buy	11,684 +446	+4%	+$64.5K	1.09%	13
2021 Q3	$1.44M	Buy	+11,238	New	+$1.48M	0.99%	16
2021 Q2	–	Sell	-33,506	Closed	-$4.1M	–	32
2021 Q1	$4.1M	Buy	33,506 +12,122	+57%	+$1.44M	3.33%	10
2020 Q4	$2.33M	Buy	+21,384	New	+$2.12M	2.01%	18