13FPulse
SM

SMH VANECK SEMICONDUCTOR ETF

2026Q2 · CUSIP 92189F676 · Sector: Other

Piling in

Net holder growth ranks near the top of the market

Funds that own it
1,518
Institutions that reported holding it to the SEC
Net increase in holders
+222
Last quarter 1,296 → now 1,518
How unusual is that
Top 1% in the market
Stronger buying than 99.4% of US stocks
What the filings say, in one paragraph

1,518 funds held SMH at the end of 2026Q2, up 222 from the quarter before. That is stronger buying than 99.4% of US stocks — among the most piled-into names this quarter. SMH has had 30 buying rushes in its history. It sits in the Other sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2016Q3: holders=63 2016Q4: holders=84 2017Q1: holders=83 2017Q2: holders=93 2017Q3: holders=103 2017Q4: holders=120 2018Q1: holders=135 2018Q2: holders=130 2018Q3: holders=119 2018Q4: holders=139 2019Q1: holders=124 2019Q2: holders=139 2019Q3: holders=141 2019Q4: holders=177 2020Q1: holders=184 2020Q2: holders=208 2020Q3: holders=231 2020Q4: holders=291 2021Q1: holders=336 2021Q2: holders=373 2021Q3: holders=385 2021Q4: holders=447 2022Q1: holders=432 2022Q2: holders=414 2022Q3: holders=385 2022Q4: holders=426 2023Q1: holders=480 2023Q2: holders=520 2023Q3: holders=553 2023Q4: holders=658 2024Q1: holders=770 2024Q2: holders=851 2024Q3: holders=874 2024Q4: holders=963 2025Q1: holders=910 2025Q2: holders=1012 2025Q3: holders=1052 2025Q4: holders=1198 2026Q1: holders=1296 2026Q2: holders=1518 -222 -111 +0 +111 +222 568251594 16Q317Q419Q120Q221Q322Q424Q125Q226Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 30 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 1% in the market
2026Q1 Top 5%
2025Q4 Top 5%
2025Q3 Top 10%
2025Q2 Top 5%
2024Q4 Top 5%
2024Q3 Top 20%
2024Q2 Top 1% in the market

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
182
Change in large funds
+15
Total value they hold
$37.9B
Funds buying for the first time
342
Funds that sold out entirely
120
Price change that quarter
Funds holding puts (bearish)
128
Funds holding calls (bullish)
63

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.