Summit Financial, LLC SMH β€” VanEck:Semiconductor

Ownership history in Summit Financial, LLC  Β·  4 quarters on record

AI Ownership Summary

Summit Financial, LLC reported VanEck:Semiconductor (SMH) in 4 quarterly 13F filings from 2025 Q1 through 2025 Q4. Peak portfolio weight reached 0.38% in 2025 Q4. The latest visible filing shows SMH at 0.38% 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.

What this SMH ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Summit Financial, LLC's position in VanEck:Semiconductor, 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 Q4

SMH was reported at 0.38% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.38% in 2025 Q4

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

Time in book
Holding Window
2025 Q1 to 2025 Q4

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 Summit Financial, LLC fund profile Summit Financial, LLC full holdings
How Summit Financial, LLC held SMH β€” position size vs. price
% of Fund (quarterly)    SMH price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
πŸ“‹ Quarterly Holdings History 4 quarters  β–Ύ
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q4 ADDED β€” β€” β€” 72,486 +1,412 +2.0% 0.38% $26.1M 2026-02-14 (Est.) $407.72
2025 Q3 ADDED β€” β€” β€” 71,074 +65,207 +1111.4% 0.35% $23.2M 2025-11-14 $343.91
2025 Q2 ADDED β€” β€” β€” 5,867 +3,577 +156.2% 0.04% $1.6M 2025-08-13 $300.35
2025 Q1 INITIATED β€” β€” β€” 2,290 β€” β€” 0.01% $484K 2025-05-14 $247.22

🏒 Other funds also holding SMH

As of 2026 Q1 β€” 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% Ring Mountain Capital, LLC 7.59% URS Advisory LLC 6.69% Oasis Advisors, LLC 5.85% Kozak & Associates, Inc. 3Y 5.63% Milestones Private Investment Advisors LLC 5.26% WESPAC Advisors SoCal, LLC 3Y 7Y 4.99% Fiduciary Planning LLC 3Y 4.96%

FAQ About Summit Financial, 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 Summit Financial, LLC reported owning SMH?

Summit Financial, LLC reported SMH across 4 quarterly 13F filings, from 2025 Q1 through 2025 Q4.

What was the largest reported SMH position in Summit Financial, LLC's portfolio?

The largest reported portfolio weight for SMH was 0.38% in 2025 Q4.

What is the latest reported SMH position on this page?

The most recent filing on this page is 2025 Q4, when Summit Financial, LLC reported 72,486 shares, equal to 0.38% of portfolio, with an estimated market value of $26.1M.

What does the chart on this SMH ownership page compare?

The chart compares Summit Financial, 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 Summit Financial, LLC time their SMH position?

Based on 13F filing dates vs. subsequent SMH price moves, Summit Financial, LLC correctly timed 3 out of 3 reported position changes (100%). The annualised alpha on SMH relative to SPY over the holding period was +57.4%.

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