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

Tandem 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 Q1	–	Sell	-3,480	Closed	-$1.25M	–	119
2025 Q4	$1.25M	Hold	3,480	–	–	0.57%	51
2025 Q3	$1.14M	Hold	3,480	–	–	0.53%	53
2025 Q2	$971K	Hold	3,480	–	–	0.49%	57
2025 Q1	$736K	Hold	3,480	–	–	0.41%	64
2024 Q4	$843K	Buy	3,480 +5	+0.1%	+$1.24K	0.45%	59
2024 Q3	$853K	Buy	3,475 +260	+8%	+$63.2K	0.45%	58
2024 Q2	$867K	Buy	+3,215	New	+$754K	0.48%	60

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

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

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

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

MMH

Menora Mivtachim Holdings Ramat Gan, Israel $25.6B AUM 50.04% 1-Year Est. Return

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

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

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

MIH

Meitav Investment House Bene-Beraq, Israel $14.9B AUM 46.8% 1-Year Est. Return

Tandem Capital Management's SMH Position: Q1 2026 in Review

Tandem Capital Management sold out of VanEck Semiconductor ETF (SMH) in Q1 2026, closing a stake of 3,480 shares — an estimated $1.25M sold.

Tandem Capital Management first reported a position in SMH in Q2 2024 and held it in 7 quarters. The position peaked at $1.25M in Q4 2025. 1,302 funds tracked by Wall St. Rank hold SMH as of Q1 2026.

Tandem Capital Management reported no remaining VanEck Semiconductor ETF position as of Q1 2026 after selling out during the quarter.
Tandem Capital Management sold 3,480 VanEck Semiconductor ETF shares in Q1 2026, an estimated $1.25M.
Tandem Capital Management first reported a position in VanEck Semiconductor ETF in Q2 2024 and held it in 7 quarters.
Tandem Capital Management's VanEck Semiconductor ETF position peaked at $1.25M in Q4 2025.
1,302 funds tracked by Wall St. Rank held VanEck Semiconductor ETF as of Q1 2026.

Based on Tandem Capital Management's 13F filing for Q1 2026, filed 16 Apr 2026.