VanEck Semiconductor ETF
137 hedge funds and large institutions have $2.13B invested in VanEck Semiconductor ETF in 2018 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 31 closing their positions.
55% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 31
14% more funds holding
Funds holding: 120 → 137 (+17)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
10% less call options, than puts
Call options by funds: $1.44B | Put options by funds: $1.59B
38% less capital invested
Capital invested by funds: $3.42B → $2.13B (-$1.29B)
64.18% less ownership
Funds ownership: 550.87% → 486.7% (-64%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$34.4M |
| 2 |
Two Sigma Advisers
New York
|
+$26.7M |
| 3 |
Jane Street
New York
|
+$23.4M |
| 4 |
Twin Tree Management
Dallas,
Texas
|
+$21.9M |
| 5 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$397M |
| 2 |
Barclays
London,
United Kingdom
|
-$119M |
| 3 |
JP Morgan Chase
New York
|
-$101M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$88.9M |
| 5 |
N
Natixis
Paris,
France
|
-$70.4M |
SMH Hedge Fund Activity: Q4 2018 in Review
137 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in VanEck Semiconductor ETF (SMH) for Q4 2018, worth a combined $2.13B — down 38% from $3.42B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new SMH positions and 31 closed out — a net gain of 17 holders — while 36 added to existing stakes and 37 trimmed.
The largest buyer was Bank of America, adding an estimated $34.4M. The largest seller was Morgan Stanley, cutting an estimated $397M.
- 137 institutional investors held VanEck Semiconductor ETF (SMH) as of Q4 2018, up from 120 in Q3 2018.
- Funds reported $2.13B of VanEck Semiconductor ETF stock for Q4 2018, down 38% quarter-over-quarter.
- 48 funds opened new VanEck Semiconductor ETF positions in Q4 2018 and 31 closed out, a net change of +17 holders.
- The largest VanEck Semiconductor ETF buyer in Q4 2018 was Bank of America, an estimated $34.4M added.
- The largest VanEck Semiconductor ETF seller in Q4 2018 was Morgan Stanley, an estimated $397M sold.
Based on aggregated 13F filings for Q4 2018.