VanEck Semiconductor ETF
1,559 hedge funds and large institutions have $38B invested in VanEck Semiconductor ETF in 2026 Q2 according to their latest regulatory filings, with 345 funds opening new positions, 503 increasing their positions, 487 reducing their positions, and 71 closing their positions.
386% more first-time investments, than exits
New positions opened: 345 | Existing positions closed: 71
95% more capital invested
Capital invested by funds: $19.5B → $38B (+$18.5B)
63% more funds holding in top 10
Funds holding in top 10: 68 → 111 (+43)
19% more funds holding
Funds holding: 1,306 → 1,559 (+253)
5.06% more ownership
Funds ownership: 45.66% → 50.71% (+5.1%)
3% more repeat investments, than reductions
Existing positions increased: 503 | Existing positions reduced: 487
67% less call options, than puts
Call options by funds: $30.7B | Put options by funds: $93B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.81B |
| 2 |
Barclays
London,
United Kingdom
|
+$638M |
| 3 |
JRP
Jasper Ridge Partners
Menlo Park,
California
|
+$610M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$606M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$447M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$758M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$492M |
| 3 |
JP Morgan Chase
New York
|
-$285M |
| 4 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$228M |
| 5 |
HVCM
Hel Ved Capital Management
Central,
Hong Kong
|
-$206M |
SMH Hedge Fund Activity: Q2 2026 in Review
1,559 of the 8,345 institutional investors tracked by Wall St. Rank reported a position in VanEck Semiconductor ETF (SMH) for Q2 2026, worth a combined $38B — up 95% from $19.5B a quarter earlier.
Buyers outnumbered sellers: 345 funds opened new SMH positions and 71 closed out — a net gain of 274 holders — while 503 added to existing stakes and 487 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $1.81B. The largest seller was Morgan Stanley, cutting an estimated $758M.
- 1,559 institutional investors held VanEck Semiconductor ETF (SMH) as of Q2 2026, up from 1,306 in Q1 2026.
- Funds reported $38B of VanEck Semiconductor ETF stock for Q2 2026, up 95% quarter-over-quarter.
- 345 funds opened new VanEck Semiconductor ETF positions in Q2 2026 and 71 closed out, a net change of +274 holders.
- The largest VanEck Semiconductor ETF buyer in Q2 2026 was Goldman Sachs, an estimated $1.81B added.
- The largest VanEck Semiconductor ETF seller in Q2 2026 was Morgan Stanley, an estimated $758M sold.
Based on aggregated 13F filings for Q2 2026.