VanEck Semiconductor ETF
46 hedge funds and large institutions have $613M invested in VanEck Semiconductor ETF in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 23 reducing their positions, and 19 closing their positions.
20% less capital invested
Capital invested by funds: $765M → $613M (-$152M)
23% less funds holding
Funds holding: 60 → 46 (-14)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
52% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 23
74% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 19
87% less call options, than puts
Call options by funds: $24.3M | Put options by funds: $183M
106.6% less ownership
Funds ownership: 524.86% → 418.26% (-107%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$36.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$22.5M |
| 3 |
JP Morgan Chase
New York
|
+$7.94M |
| 4 |
LA
Leonetti & Associates
Buffalo Grove,
Illinois
|
+$6.55M |
| 5 |
Morgan Stanley
New York
|
+$6.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$88.8M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$48M |
| 3 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$13.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$13M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$11.9M |
SMH Hedge Fund Activity: Q1 2016 in Review
46 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in VanEck Semiconductor ETF (SMH) for Q1 2016, worth a combined $613M — down 20% from $765M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SMH and 5 opened new positions — a net loss of 14 holders — while 23 trimmed existing stakes and 11 added.
The largest buyer was Citigroup, adding an estimated $36.4M. The largest seller was Goldman Sachs, cutting an estimated $88.8M.
- 46 institutional investors held VanEck Semiconductor ETF (SMH) as of Q1 2016, down from 60 in Q4 2015.
- Funds reported $613M of VanEck Semiconductor ETF stock for Q1 2016, down 20% quarter-over-quarter.
- 5 funds opened new VanEck Semiconductor ETF positions in Q1 2016 and 19 closed out, a net change of -14 holders.
- The largest VanEck Semiconductor ETF buyer in Q1 2016 was Citigroup, an estimated $36.4M added.
- The largest VanEck Semiconductor ETF seller in Q1 2016 was Goldman Sachs, an estimated $88.8M sold.
Based on aggregated 13F filings for Q1 2016.