VanEck Fabless Semiconductor ETF
SMHX
24 hedge funds and large institutions have $33.4M invested in VanEck Fabless Semiconductor ETF in 2025 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 3 closing their positions.
391% more capital invested
Capital invested by funds: $6.81M → $33.4M (+$26.6M)
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
50% more funds holding
Funds holding: 16 → 24 (+8)
5.32% more ownership
Funds ownership: 12.97% → 18.29% (+5.3%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BSG
Black Swift Group
Boulder,
Colorado
|
+$12.1M |
| 2 |
AssetMark Inc
Concord,
California
|
+$7.73M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$985K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$974K |
| 5 |
Jane Street
New York
|
+$673K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$437K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$428K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$97.8K |
| 4 |
PCM
Pennsylvania Capital Management
Huntingdon Valley,
Pennsylvania
|
-$50.4K |
| 5 |
BW
BXM Wealth
Englewood,
Colorado
|
-$43.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$31.3K | -1,000 | Closed |
|
|
PA
27
Parallel Advisors
San Francisco,
California
| – | -$407 | -13 | Closed |
|
SMHX Hedge Fund Activity: Q3 2025 in Review
24 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in VanEck Fabless Semiconductor ETF (SMHX) for Q3 2025, worth a combined $33.4M — up 391% from $6.81M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SMHX positions and 3 closed out — a net gain of 8 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Black Swift Group, opening a new position worth an estimated $12.1M. The largest seller was Citadel Advisors, exiting entirely with an estimated $437K sold.
- 24 institutional investors held VanEck Fabless Semiconductor ETF (SMHX) as of Q3 2025, up from 16 in Q2 2025.
- Funds reported $33.4M of VanEck Fabless Semiconductor ETF stock for Q3 2025, up 391% quarter-over-quarter.
- 11 funds opened new VanEck Fabless Semiconductor ETF positions in Q3 2025 and 3 closed out, a net change of +8 holders.
- The largest VanEck Fabless Semiconductor ETF buyer in Q3 2025 was Black Swift Group, an estimated $12.1M added.
- The largest VanEck Fabless Semiconductor ETF seller in Q3 2025 was Citadel Advisors, an estimated $437K sold.
Based on aggregated 13F filings for Q3 2025.