VanEck Semiconductor ETF
45 hedge funds and large institutions have $482M invested in VanEck Semiconductor ETF in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
18% more funds holding
Funds holding: 38 → 45 (+7)
3% more capital invested
Capital invested by funds: $467M → $482M (+$14.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
17.07% less ownership
Funds ownership: 305.76% → 288.69% (-17%)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
97% less call options, than puts
Call options by funds: $5.71M | Put options by funds: $202M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$57.3M |
| 2 |
Citigroup
New York
|
+$35.5M |
| 3 |
MCM
Moore Capital Management
New York
|
+$4.1M |
| 4 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$2.46M |
| 5 |
SG Americas Securities
New York
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$67.2M |
| 2 |
Morgan Stanley
New York
|
-$19.8M |
| 3 |
JP Morgan Chase
New York
|
-$12.3M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$10.5M |
| 5 |
ICM
Ionic Capital Management
New York
|
-$4.51M |
SMH Hedge Fund Activity: Q4 2013 in Review
45 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in VanEck Semiconductor ETF (SMH) for Q4 2013, worth a combined $482M — up 3.1% from $467M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SMH positions and 6 closed out — a net gain of 7 holders — while 12 added to existing stakes and 16 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $57.3M. The largest seller was Credit Suisse, cutting an estimated $67.2M.
- 45 institutional investors held VanEck Semiconductor ETF (SMH) as of Q4 2013, up from 38 in Q3 2013.
- Funds reported $482M of VanEck Semiconductor ETF stock for Q4 2013, up 3.1% quarter-over-quarter.
- 13 funds opened new VanEck Semiconductor ETF positions in Q4 2013 and 6 closed out, a net change of +7 holders.
- The largest VanEck Semiconductor ETF buyer in Q4 2013 was Goldman Sachs, an estimated $57.3M added.
- The largest VanEck Semiconductor ETF seller in Q4 2013 was Credit Suisse, an estimated $67.2M sold.
Based on aggregated 13F filings for Q4 2013.