Cullen/Frost Bankers’s VanEck Semiconductor ETF SMH Stock Holding History

Cullen/Frost Bankers’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
2025 Q4	–	Sell	-302	Closed	-$98.4K	–	1528
2025 Q3	$98.4K	Sell	302 -110	-27%	-$32.6K	﹤0.01%	647
2025 Q2	$115K	Hold	412	–	–	﹤0.01%	616
2025 Q1	$87.1K	Buy	412 +148	+56%	+$35.5K	﹤0.01%	629
2024 Q4	$63.9K	Buy	264 +154	+140%	+$38.2K	﹤0.01%	666
2024 Q3	$27K	Buy	110 +32	+41%	+$7.78K	﹤0.01%	781
2024 Q2	$20.3K	Hold	78	–	–	﹤0.01%	771
2024 Q1	$17.5K	Hold	78	–	–	﹤0.01%	759
2023 Q4	$13.6K	Hold	78	–	–	﹤0.01%	783
2023 Q3	$11.3K	Hold	78	–	–	﹤0.01%	913
2023 Q2	$11.9K	Hold	78	–	–	﹤0.01%	908
2023 Q1	$10.3K	Buy	+78	New	+$9.35K	﹤0.01%	940

Other funds holding SMH

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

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

HIIFS

Harel Insurance Investments & Financial Services Ramat Gan, Israel $20.6B AUM 59.59% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

BNP Paribas Financial Markets Paris, France $289B AUM 60.46% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Cullen/Frost Bankers's SMH Position: Q4 2025 in Review

Cullen/Frost Bankers sold out of VanEck Semiconductor ETF (SMH) in Q4 2025, closing a stake of 302 shares — an estimated $98.4K sold.

Cullen/Frost Bankers first reported a position in SMH in Q1 2023 and held it in 11 quarters. The position peaked at $115K in Q2 2025. 1,207 funds tracked by Wall St. Rank hold SMH as of Q4 2025.

Cullen/Frost Bankers reported no remaining VanEck Semiconductor ETF position as of Q4 2025 after selling out during the quarter.
Cullen/Frost Bankers sold 302 VanEck Semiconductor ETF shares in Q4 2025, an estimated $98.4K.
Cullen/Frost Bankers first reported a position in VanEck Semiconductor ETF in Q1 2023 and held it in 11 quarters.
Cullen/Frost Bankers's VanEck Semiconductor ETF position peaked at $115K in Q2 2025.
1,207 funds tracked by Wall St. Rank held VanEck Semiconductor ETF as of Q4 2025.

Based on Cullen/Frost Bankers's 13F filing for Q4 2025, filed 6 Feb 2026.