VanEck Semiconductor ETF
SMH
483 hedge funds and large institutions have $6.12B invested in VanEck Semiconductor ETF in 2023 Q1 according to their latest regulatory filings, with 121 funds opening new positions, 154 increasing their positions, 137 reducing their positions, and 61 closing their positions.
98% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 61
27% more capital invested
Capital invested by funds: $4.82B → $6.12B (+$1.29B)
19% more funds holding in top 10
Funds holding in top 10: 21 → 25 (+4)
12% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 137
12% more funds holding
Funds holding: 430 → 483 (+53)
5.85% more ownership
Funds ownership: 144.41% → 150.26% (+5.9%)
36% less call options, than puts
Call options by funds: $1.91B | Put options by funds: $2.99B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$380M |
| 2 |
D.E. Shaw & Co
New York
|
+$91M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$83.8M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$70.8M |
| 5 |
Barclays
London,
United Kingdom
|
+$62.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$179M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$164M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$159M |
| 4 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$87.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$74.4M |
SMH Hedge Fund Activity: Q1 2023 in Review
483 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in VanEck Semiconductor ETF (SMH) for Q1 2023, worth a combined $6.12B — up 27% from $4.82B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new SMH positions and 61 closed out — a net gain of 60 holders — while 154 added to existing stakes and 137 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $380M. The largest seller was Citigroup, cutting an estimated $179M.
- 483 institutional investors held VanEck Semiconductor ETF (SMH) as of Q1 2023, up from 430 in Q4 2022.
- Funds reported $6.12B of VanEck Semiconductor ETF stock for Q1 2023, up 27% quarter-over-quarter.
- 121 funds opened new VanEck Semiconductor ETF positions in Q1 2023 and 61 closed out, a net change of +60 holders.
- The largest VanEck Semiconductor ETF buyer in Q1 2023 was Goldman Sachs, an estimated $380M added.
- The largest VanEck Semiconductor ETF seller in Q1 2023 was Citigroup, an estimated $179M sold.
Based on aggregated 13F filings for Q1 2023.