Summit Trail Advisors’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	$1.32M	Buy	3,432 +425	+14%	+$169K	0.02%	797
2025 Q4	$1.08M	Buy	3,007 +138	+5%	+$48.4K	0.02%	777
2025 Q3	$936K	Hold	2,869	–	–	0.01%	871
2025 Q2	$800K	Hold	2,869	–	–	0.01%	555
2025 Q1	$607K	Hold	2,869	–	–	0.02%	223
2024 Q4	$695K	Buy	2,869 +12	+0.4%	+$2.98K	0.03%	172
2024 Q3	$701K	Sell	2,857 -150	-5%	-$36.5K	0.02%	327
2024 Q2	$784K	Sell	3,007 -100	-3%	-$23.4K	0.02%	279
2024 Q1	$699K	Hold	3,107	–	–	0.02%	272
2023 Q4	$543K	Buy	3,107 +17	+0.6%	+$2.66K	0.02%	268
2023 Q3	$448K	Buy	3,090 +290	+10%	+$43.9K	0.02%	295
2023 Q2	$426K	Hold	2,800	–	–	0.02%	296
2023 Q1	$368K	Hold	2,800	–	–	0.01%	274
2022 Q4	$284K	Hold	2,800	–	–	0.01%	292
2022 Q3	$259K	Hold	2,800	–	–	0.01%	288
2022 Q2	$285K	Hold	2,800	–	–	0.02%	286
2022 Q1	$378K	Sell	2,800 -400	-13%	-$54.8K	0.03%	208
2021 Q4	$494K	Sell	3,200 -200	-6%	-$28.9K	0.03%	174
2021 Q3	$436K	Hold	3,400	–	–	0.03%	172
2021 Q2	$446K	Hold	3,400	–	–	0.04%	146
2021 Q1	$414K	Buy	3,400 +600	+21%	+$71.1K	0.04%	134
2020 Q4	$306K	Hold	2,800	–	–	0.04%	149
2020 Q3	$271K	Hold	2,800	–	–	0.05%	164
2020 Q2	$214K	Buy	+2,800	New	+$192K	0.04%	148
2018 Q4	–	Sell	-2,800	Closed	-$149K	–	204
2018 Q3	$149K	Hold	2,800	–	–	0.03%	217
2018 Q2	$144K	Buy	+2,800	New	+$146K	0.05%	166
2018 Q1	–	Sell	-2,800	Closed	-$149K	–	1467
2017 Q4	$149K	Buy	+2,800	New	+$140K	0.02%	518