HAP Trading, LLC SMH — MARKET VECTORS ETF TR

Ownership history in HAP Trading, LLC  ·  74 quarters on record

AI Ownership Summary

HAP Trading, LLC reported MARKET VECTORS ETF TR (SMH) in 74 quarterly 13F filings from 2023 Q4 through 2025 Q2. Peak portfolio weight reached 1.39% in 2024 Q1. The latest visible filing shows SMH at 0.05% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this SMH ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was HAP Trading, LLC's position in MARKET VECTORS ETF TR, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q2

SMH was reported at 0.05% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
1.39% in 2024 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2025 Q2

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

SMH stock page HAP Trading, LLC fund profile HAP Trading, LLC full holdings
How HAP Trading, LLC held SMH — position size vs. price
% of Fund (quarterly)    SMH price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 17 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q2 REDUCED 60.4% +15.7% ❌ 47,200 -71,900 -60.4% 0.05% $512K 2025-08-14 (Est.) $300.98
2025 Q2 ADDED — — — 119,100 +78,139 +190.8% 0.02% $224K 2025-08-14 (Est.) $300.98
2025 Q2 REDUCED 79.9% +15.7% ❌ 40,961 -162,639 -79.9% 1.08% $11.4M 2025-08-14 (Est.) $300.98
2025 Q1 ADDED — — — 203,600 +150,500 +283.4% 0.16% $1.53B 2025-05-14 $247.22
2025 Q1 ADDED — — — 53,100 +22,700 +74.7% 0.11% $992.7M 2025-05-14 $247.22
2024 Q4 ADDED — — — 30,400 +18,685 +159.5% 0.02% $262.2M 2025-02-13 $251.14
2024 Q4 REDUCED 73.9% -12.7% ✅ 11,715 -33,085 -73.9% 0.25% $2.84B 2025-02-13 $251.14
2024 Q4 ADDED — — — 44,800 +15,400 +52.4% 0.02% $174.0M 2025-02-13 $251.14
2024 Q3 ADDED — — — 29,400 +5,800 +24.6% 0.03% $260.5M 2024-11-12 $249.97
2024 Q3 ADDED — — — 23,600 +5,100 +27.6% 0.06% $535.1M 2024-11-12 $249.97
2024 Q2 REDUCED 38.5% -5.8% ✅ 18,500 -11,600 -38.5% 0.02% $167.1M 2024-08-14 $234.62
2024 Q2 ADDED — — — 30,100 +17,300 +135.2% 0.11% $958.8M 2024-08-14 $234.62
2024 Q1 REDUCED 76.3% +16.0% ❌ 12,800 -41,099 -76.3% 0.00% $32.7M 2024-05-13 $221.59
2024 Q1 REDUCED 36.3% +16.0% ❌ 53,899 -30,701 -36.3% 1.39% $12.13B 2024-05-13 $221.59
2024 Q1 ADDED — — — 84,600 +11,500 +15.7% 0.09% $771.6M 2024-05-13 $221.59
2023 Q4 REDUCED 38.3% +30.4% ❌ 73,100 -45,400 -38.3% 0.23% $1.48B 2024-02-14 $201.78
2023 Q4 REDUCED 49.6% +30.4% ❌ 118,500 -116,400 -49.6% 0.01% $44.8M 2024-02-14 $201.78
57 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding SMH

As of 2026 Q1 — sorted by position size

Yahav Achim Ve Achayot - Provident Funds Management Co Ltd. 3Y 9.4% Rye Brook Capital LLC 3Y 8.93% Kraft, Davis & Associates, LLC 3Y 7.93% Portfolio Strategies, Inc. 3Y 7Y 7.72% Ring Mountain Capital, LLC 7.59% URS Advisory LLC 6.69% Navigation Group, LLC 6.05% Oasis Advisors, LLC 5.85% Kozak & Associates, Inc. 3Y 5.63% Milestones Private Investment Advisors LLC 5.26%

FAQ About HAP Trading, LLC and SMH

These are the practical questions this page is built to answer before you even open the full history table.

How long has HAP Trading, LLC reported owning SMH?

HAP Trading, LLC reported SMH across 17 quarterly 13F filings, from 2023 Q4 through 2025 Q2.

What was the largest reported SMH position in HAP Trading, LLC's portfolio?

The largest reported portfolio weight for SMH was 1.39% in 2024 Q1.

What is the latest reported SMH position on this page?

The most recent filing on this page is 2025 Q2, when HAP Trading, LLC reported 47,200 shares, equal to 0.05% of portfolio, with an estimated market value of $512K.

What does the chart on this SMH ownership page compare?

The chart compares HAP Trading, LLC's quarterly SMH portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did HAP Trading, LLC time their SMH position?

Based on 13F filing dates vs. subsequent SMH price moves, HAP Trading, LLC correctly timed 36 out of 73 reported position changes (49%). The annualised alpha on SMH relative to SPY over the holding period was +10.9%.

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