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VanEck Semiconductor ETF

120 hedge funds and large institutions have $3.42B invested in VanEck Semiconductor ETF in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 27 increasing their positions, 51 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $3.29B → $3.42B (+$130M)

8% less funds holding

Funds holding: 131120 (-11)

26.66% less ownership

Funds ownership: 577.53%550.87% (-27%)

31% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 35

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

47% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 51

63% less call options, than puts

Call options by funds: $1.36B | Put options by funds: $3.66B

Holders
120
Holders Change
-11
Holders Change %
-8.4%
% of All Funds
2.74%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
24
Increased
27
Reduced
51
Closed
35
Calls
$1.36B
Puts
$3.66B
Net Calls
-$2.29B
Net Calls Change
+$38.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$578M -$125M -2,351,248 -18%
UBS Group
2
UBS Group
Switzerland
$397M +$226M +4,251,722 +132%
Goldman Sachs
3
Goldman Sachs
New York
$308M +$125M +2,359,502 +69%
Barclays
4
Barclays
United Kingdom
$292M +$119M +2,241,002 +69%
Citigroup
5
Citigroup
New York
$266M -$173M -3,264,312 -40%
BNP Paribas Financial Markets
6
BNP Paribas Financial Markets
France
$223M -$102M -1,928,398 -32%
JP Morgan Chase
7
JP Morgan Chase
New York
$211M +$89.4M +1,683,306 +74%
Bank of America
8
Bank of America
North Carolina
$207M +$10.1M +190,864 +5%
Wells Fargo
9
Wells Fargo
California
$179M +$94.6M +1,782,014 +112%
N
10
Natixis
France
$133M +$106M +1,999,680 +400%
Bank of Nova Scotia
11
Bank of Nova Scotia
Ontario, Canada
$112M +$58.4M +1,100,010 +110%
Deutsche Bank
12
Deutsche Bank
Germany
$84.5M -$5.05M -95,036 -6%
Nomura Holdings
13
Nomura Holdings
Japan
$71.2M -$219M -4,127,472 -76%
MIFH
14
Migdal Insurance & Financial Holdings
Israel
$68.2M -$11.1M -209,266 -14%
SG Americas Securities
15
SG Americas Securities
New York
$47.2M +$46.9M +884,092 +43,810%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$23.8M +$23.8M +447,498 New
QIM
17
Quantitative Investment Management
Virginia
$19.4M +$19.4M +364,800 New
Parallax Volatility Advisers
18
Parallax Volatility Advisers
California
$18.4M +$7.77M +146,394 +73%
KSCM
19
Key Square Capital Management
Connecticut
$18.3M +$18.2M +343,406 New
LPL Financial
20
LPL Financial
California
$18.1M +$8.09M +152,424 +81%
Walleye Trading
21
Walleye Trading
New York
$13.9M +$13.9M +261,330 New
RJA
22
Raymond James & Associates
Florida
$13.9M +$516K +9,714 +4%
PI
23
PEAK6 Investments
Illinois
$10.9M +$10.8M +204,012 New
TH
24
Timber Hill
Connecticut
$9.09M -$759K -14,296 -8%
ACPU
25
Arrowgrass Capital Partners (US)
Delaware
$6.65M +$71.8K +1,352 +1%

SMH Hedge Fund Activity: Q3 2018 in Review

120 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in VanEck Semiconductor ETF (SMH) for Q3 2018, worth a combined $3.42B — up 4% from $3.29B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of SMH and 24 opened new positions — a net loss of 11 holders — while 51 trimmed existing stakes and 27 added.

The largest buyer was UBS Group, adding an estimated $226M. The largest seller was Nomura Holdings, cutting an estimated $219M.

  • 120 institutional investors held VanEck Semiconductor ETF (SMH) as of Q3 2018, down from 131 in Q2 2018.
  • Funds reported $3.42B of VanEck Semiconductor ETF stock for Q3 2018, up 4% quarter-over-quarter.
  • 24 funds opened new VanEck Semiconductor ETF positions in Q3 2018 and 35 closed out, a net change of -11 holders.
  • The largest VanEck Semiconductor ETF buyer in Q3 2018 was UBS Group, an estimated $226M added.
  • The largest VanEck Semiconductor ETF seller in Q3 2018 was Nomura Holdings, an estimated $219M sold.

Based on aggregated 13F filings for Q3 2018.