VanEck Semiconductor ETF
1,306 hedge funds and large institutions have $19.5B invested in VanEck Semiconductor ETF in 2026 Q1 according to their latest regulatory filings, with 199 funds opening new positions, 485 increasing their positions, 377 reducing their positions, and 82 closing their positions.
143% more first-time investments, than exits
New positions opened: 199 | Existing positions closed: 82
29% more repeat investments, than reductions
Existing positions increased: 485 | Existing positions reduced: 377
13% more funds holding in top 10
Funds holding in top 10: 60 → 68 (+8)
10% more capital invested
Capital invested by funds: $17.7B → $19.5B (+$1.81B)
8% more funds holding
Funds holding: 1,210 → 1,306 (+96)
2.02% less ownership
Funds ownership: 47.68% → 45.66% (-2%)
54% less call options, than puts
Call options by funds: $9.03B | Put options by funds: $19.5B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.11B |
| 2 |
JP Morgan Chase
New York
|
+$283M |
| 3 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$271M |
| 4 |
HVCM
Hel Ved Capital Management
Central,
Hong Kong
|
+$213M |
| 5 |
Renaissance Technologies
New York
|
+$147M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$681M |
| 2 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$264M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$259M |
| 4 |
Two Sigma Investments
New York
|
-$216M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$212M |
SMH Hedge Fund Activity: Q1 2026 in Review
1,306 of the 8,207 institutional investors tracked by Wall St. Rank reported a position in VanEck Semiconductor ETF (SMH) for Q1 2026, worth a combined $19.5B — up 10% from $17.7B a quarter earlier.
Buyers outnumbered sellers: 199 funds opened new SMH positions and 82 closed out — a net gain of 117 holders — while 485 added to existing stakes and 377 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.11B. The largest seller was Bank of America, cutting an estimated $681M.
- 1,306 institutional investors held VanEck Semiconductor ETF (SMH) as of Q1 2026, up from 1,210 in Q4 2025.
- Funds reported $19.5B of VanEck Semiconductor ETF stock for Q1 2026, up 10% quarter-over-quarter.
- 199 funds opened new VanEck Semiconductor ETF positions in Q1 2026 and 82 closed out, a net change of +117 holders.
- The largest VanEck Semiconductor ETF buyer in Q1 2026 was Morgan Stanley, an estimated $1.11B added.
- The largest VanEck Semiconductor ETF seller in Q1 2026 was Bank of America, an estimated $681M sold.
Based on aggregated 13F filings for Q1 2026.