Valence8 US’s VanEck Semiconductor ETF SMH Stock Holding History

Valence8 US’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	$13.7M	Sell	20,934 -32,199	-61%	-$17.6M	4.57%	8
2026 Q1	$20.4M	Hold	53,133	–	–	7.12%	6
2025 Q4	$19.1M	Buy	53,133 +14,247	+37%	+$5M	5.67%	6
2025 Q3	$12.7M	Hold	38,886	–	–	4.35%	7
2025 Q2	$10.8M	Buy	+38,886	New	+$9.02M	4.56%	6

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

Valence8 US's SMH Position: Q2 2026 in Review

Valence8 US reduced its VanEck Semiconductor ETF (SMH) stake by 61% in Q2 2026, selling an estimated $17.6M and leaving 20,934 shares worth $13.7M. The position accounts for 4.57% of the portfolio, ranked #8.

Valence8 US first reported a position in SMH in Q2 2025 and has held it in 5 quarters since. The position peaked at $20.4M in Q1 2026. 1,550 funds tracked by Wall St. Rank hold SMH as of Q2 2026.

Valence8 US held 20,934 shares of VanEck Semiconductor ETF worth $13.7M as of Q2 2026.
Valence8 US sold 32,199 VanEck Semiconductor ETF shares in Q2 2026, an estimated $17.6M.
VanEck Semiconductor ETF made up 4.57% of Valence8 US's portfolio in Q2 2026, its #8 holding.
Valence8 US first reported a position in VanEck Semiconductor ETF in Q2 2025 and has held it in 5 quarters since.
Valence8 US's VanEck Semiconductor ETF position peaked at $20.4M in Q1 2026.
1,550 funds tracked by Wall St. Rank held VanEck Semiconductor ETF as of Q2 2026.

Based on Valence8 US's 13F filing for Q2 2026, filed 6 Aug 2026.