VanEck Semiconductor ETF
49 hedge funds and large institutions have $469M invested in VanEck Semiconductor ETF in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
81% more call options, than puts
Call options by funds: $148M | Put options by funds: $81.3M
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
9% more funds holding
Funds holding: 45 → 49 (+4)
3% less capital invested
Capital invested by funds: $482M → $469M (-$12.4M)
19.42% less ownership
Funds ownership: 288.69% → 269.26% (-19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$22.4M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$15.9M |
| 3 |
HHC
Hutchin Hill Capital
New York
|
+$14M |
| 4 |
MCM
Moore Capital Management
New York
|
+$8.6M |
| 5 |
ST
Spot Trading
Chicago,
Illinois
|
+$6.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$76.1M |
| 2 |
Morgan Stanley
New York
|
-$22.5M |
| 3 |
Barclays
London,
United Kingdom
|
-$19.7M |
| 4 |
Goldman Sachs
New York
|
-$10.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$1.23M | -58,000 | Closed |
|
|
SCM
52
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$1.08M | -50,720 | Closed |
|
53
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$1.06M | -50,000 | Closed |
|
|
JG
54
Jefferies Group
New York
| – | -$459K | -21,622 | Closed |
|
55
Jane Street
New York
| – | -$460K | -21,400 | Closed |
|
56
BNP Paribas Financial Markets
Paris,
France
| – | -$339K | -16,002 | Closed |
|
57
Two Sigma Investments
New York
| – | -$301K | -14,200 | Closed |
|
|
FSA
58
Financial Sense Advisors
San Diego,
California
| – | -$265K | -12,500 | Closed |
|
|
OC
59
Oppenheimer & Co
New York
| – | -$222K | -10,486 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$165K | -7,778 | Closed |
|
|
MFS
61
MSI Financial Services
Springfield,
Massachusetts
| – | -$2K | -94 | Closed |
|
SMH Hedge Fund Activity: Q1 2014 in Review
49 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in VanEck Semiconductor ETF (SMH) for Q1 2014, worth a combined $469M — down 2.6% from $482M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SMH positions and 12 closed out — a net gain of 4 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Bank of America, adding an estimated $22.4M. The largest seller was Citigroup, cutting an estimated $76.1M.
- 49 institutional investors held VanEck Semiconductor ETF (SMH) as of Q1 2014, up from 45 in Q4 2013.
- Funds reported $469M of VanEck Semiconductor ETF stock for Q1 2014, down 2.6% quarter-over-quarter.
- 16 funds opened new VanEck Semiconductor ETF positions in Q1 2014 and 12 closed out, a net change of +4 holders.
- The largest VanEck Semiconductor ETF buyer in Q1 2014 was Bank of America, an estimated $22.4M added.
- The largest VanEck Semiconductor ETF seller in Q1 2014 was Citigroup, an estimated $76.1M sold.
Based on aggregated 13F filings for Q1 2014.