Hudson Bay Capital Management’s VanEck Semiconductor ETF SMH Stock Holding History

Hudson Bay Capital 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	$135M	Buy	205,300 +73,900	+56%	+$40.3M	0.37%	61
2026 Q1	$50.4M	Buy	131,400 +124,700	+1,861%	+$49.5M	0.17%	102
2025 Q4	$2.41M	Sell	6,700 -651,500	-99%	-$229M	0.01%	677
2025 Q3	$215M	Buy	658,200 +443,200	+206%	+$131M	0.71%	32
2025 Q2	$60M	Buy	215,000 +70,400	+49%	+$16.3M	0.2%	87
2025 Q1	$30.6M	Sell	144,600 -125,400	-46%	-$30.1M	0.09%	192
2024 Q4	$65.4M	Buy	270,000 +67,600	+33%	+$16.8M	0.23%	95
2024 Q3	$49.7M	Buy	202,400 +47,400	+31%	+$11.5M	0.2%	85
2024 Q2	$40.4M	Buy	155,000 +105,000	+210%	+$24.6M	0.19%	82
2024 Q1	$11.2M	Buy	+50,000	New	+$10.1M	0.06%	161

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

Hudson Bay Capital Management's SMH Position: Q2 2026 in Review

Hudson Bay Capital Management opened a new position in VanEck Semiconductor ETF (SMH) in Q2 2026: 37,960 shares worth $24.9M. The stake represents 0.07% of the portfolio and ranks #193 among its holdings. This is a return to the name: Hudson Bay Capital Management previously reported a position in SMH as recently as Q4 2025.

Hudson Bay Capital Management first reported a position in SMH in Q4 2017 and has held it in 6 quarters since. The position peaked at $45.8M in Q3 2025. 1,558 funds tracked by Wall St. Rank hold SMH as of Q2 2026.

Hudson Bay Capital Management held 37,960 shares of VanEck Semiconductor ETF worth $24.9M as of Q2 2026.
VanEck Semiconductor ETF was a new Hudson Bay Capital Management position in Q2 2026.
VanEck Semiconductor ETF made up 0.07% of Hudson Bay Capital Management's portfolio in Q2 2026, its #193 holding.
Hudson Bay Capital Management first reported a position in VanEck Semiconductor ETF in Q4 2017 and has held it in 6 quarters since.
Hudson Bay Capital Management's VanEck Semiconductor ETF position peaked at $45.8M in Q3 2025.
1,558 funds tracked by Wall St. Rank held VanEck Semiconductor ETF as of Q2 2026.

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