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VanEck Semiconductor ETF

38 hedge funds and large institutions have $467M invested in VanEck Semiconductor ETF in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

36% more capital invested

Capital invested by funds: $343M → $467M (+$125M)

35.26% more ownership

Funds ownership: 270.49%305.76% (+35%)

12% more funds holding

Funds holding: 3438 (+4)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

40% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 15

96% less call options, than puts

Call options by funds: $5.96M | Put options by funds: $147M

Holders
38
Holders Change
+4
Holders Change %
+11.76%
% of All Funds
1.23%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
12
Increased
9
Reduced
15
Closed
8
Calls
$5.96M
Puts
$147M
Net Calls
-$141M
Net Calls Change
-$133M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
1
Citigroup
New York
$81.9M +$36.8M +1,909,394 +87%
Goldman Sachs
2
Goldman Sachs
New York
$69.2M -$25.6M -1,325,038 -28%
CS
3
Credit Suisse
Switzerland
$67.3M +$58.3M +3,023,660 +864%
Morgan Stanley
4
Morgan Stanley
New York
$56.5M +$7.97M +413,056 +17%
JP Morgan Chase
5
JP Morgan Chase
New York
$41.9M +$3.86M +200,112 +11%
SG Americas Securities
6
SG Americas Securities
New York
$39.8M -$2.05M -106,244 -5%
BC
7
Brinker Capital
Pennsylvania
$25.6M +$24.7M +1,281,640 New
Barclays
8
Barclays
United Kingdom
$17.6M -$193K -10,000 -1%
U
9
UBS
Switzerland
$10.7M -$228K -11,804 -2%
MM
10
Main Management
California
$8.38M +$87K +4,510 +1%
Wells Fargo
11
Wells Fargo
California
$6.78M -$7.14K -370 -0.1%
Deutsche Bank
12
Deutsche Bank
Germany
$5.95M -$1.62M -84,100 -22%
ICM
13
Ionic Capital Management
New York
$5.18M +$3.92M +203,000 +356%
MSU
14
Maple Securities USA
New Jersey
$4.39M +$4.24M +220,000 New
SCM
15
Stuyvesant Capital Management
New York
$3.28M -$11.6K -600 -0.4%
BTS
16
BB&T Securities
Virginia
$3.22M +$312K +16,148 New
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$3.04M -$148K -7,660 -5%
TRCT
18
Tower Research Capital (TRC)
New York
$2.07M +$2M +103,828 New
QIM
19
Quantitative Investment Management
Virginia
$2.03M +$1.21M +62,600 +159%
ICMC
20
Intrepid Capital Management (Connecticut)
Connecticut
$2M +$1.93M +100,000 New
WBG
21
Wharton Business Group
Pennsylvania
$1.97M
Walleye Trading
22
Walleye Trading
New York
$1.64M -$255K -13,236 -14%
Bank of America
23
Bank of America
North Carolina
$1.59M -$1.56M -80,776 -50%
SCM
24
Stevens Capital Management
Pennsylvania
$1.46M +$1.41M +73,200 New
RCM
25
Rotella Capital Management
Washington
$886K +$428K +22,200 +100%

SMH Hedge Fund Activity: Q3 2013 in Review

38 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in VanEck Semiconductor ETF (SMH) for Q3 2013, worth a combined $467M — up 36% from $343M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new SMH positions and 8 closed out — a net gain of 4 holders — while 9 added to existing stakes and 15 trimmed.

The largest buyer was Credit Suisse, adding an estimated $58.3M. The largest seller was Goldman Sachs, cutting an estimated $25.6M.

  • 38 institutional investors held VanEck Semiconductor ETF (SMH) as of Q3 2013, up from 34 in Q2 2013.
  • Funds reported $467M of VanEck Semiconductor ETF stock for Q3 2013, up 36% quarter-over-quarter.
  • 12 funds opened new VanEck Semiconductor ETF positions in Q3 2013 and 8 closed out, a net change of +4 holders.
  • The largest VanEck Semiconductor ETF buyer in Q3 2013 was Credit Suisse, an estimated $58.3M added.
  • The largest VanEck Semiconductor ETF seller in Q3 2013 was Goldman Sachs, an estimated $25.6M sold.

Based on aggregated 13F filings for Q3 2013.