Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

VANECK ETF TRUST (SMH)

1K + Investors. Track Smart Money conviction in SMH. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +144
Streak
3Q ▲
Buyers last Q
62%

Smart Money Signals — SMH

Based on 1149 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added SMH than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,149 hedge funds hold SMH right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +26% more funds vs a year ago

fund count last 6Q
+238 new funds entered over the past year (+26% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 62% buying

701 buying426 selling
Last quarter: 701 funds were net buyers (234 opened a brand new position + 467 added to an existing one). Only 426 were sellers (336 trimmed + 90 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+98 vs last Q)

new funds entering per quarter
Funds opening a new SMH position: 115 → 204 → 136 → 234. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 30% medium ■ 26% new
504 out of 1,149 hedge funds have held SMH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

157 → 115 → 204 → 136 → 234 new funds/Q
New funds entering each quarter: 115 → 204 → 136 → 234. A growing number of institutions are discovering SMH each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 48% of holders stayed 2+ years

■ 48% veterans ■ 20% 1-2yr ■ 32% new
Of 1,227 current holders: 587 (48%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 26% AUM from major funds

26% from top-100 AUM funds
26 of 1149 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: SMH

How many hedge funds hold SMH — quarterly history vs. share price
Quarterly hedge fund ownership of SMH vs. share price

Market Analysis: SMH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SMH

-- --
Smart Money Signal ?
Strong Institutional Conviction

Multiple high-quality funds hold meaningful positions with strong conviction.

79 top-rated funds 34 high-conviction
Consensus
8.3
/ 10
breadth
×
Elite
6.0
/ 10
conviction
Hedge Fund Positioning: SMH
2026 Q1 Stats Unlock in 20 days 1K + Investors

Track Smart Money conviction in SMH. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 1227 1083 13.3%
13F Shares 116M 108M 7.66%
Total Value $40.30B $35.89B 12.29%
New Positions 239 140 +99
Increased Positions 580 506 +74
Closed Positions 95 115 -20
Reduced Positions 423 421 +2
Total Calls 46 42 9.52%
Total Puts 62 64 -3.12%
PUT/CALL Ratio 1.35 1.52 Bearish

Statistics: SMH

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SMH. Verified SEC 13F-HR filings.

Top 25 institutional holders of SMH — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rye Brook Capital LLC 8.93% 25,250 $10K
2 URS Advisory LLC 6.69% 23,856 $9.1M
3 Oasis Advisors, LLC 5.85% 30,648 $11.0M
4 Kozak & Associates, Inc. 5.63% 65,171 $28.9M
5 WESPAC Advisors SoCal, LLC 4.99% 61,157 $23.4M
6 Fiduciary Planning LLC 4.96% 42,858 $16.4M
7 Moss Adams Wealth Advisors LLC 4.86% 173,466 $66.5M
8 Urban Wealth Management, LLC 4.69% 11,954 $4.6M
9 Center for Wealth Management Advisory 4.54% 17,107 $6.2M
10 Odyssey Capital Advisors, Inc. 4.35% 12,663 $4.9M
11 MEITAV INVESTMENT HOUSE LTD 3.81% 905,426 $347.1M
12 Horizon Wealth Management, LLC 3.63% 64,522 $24.7M
13 CREDIT INDUSTRIEL ET COMMERCIAL 3.61% 120,900 $46.4M
14 Titiun Yejiel 3.55% 8,214 $3.0M
15 AJ Advisors, LLC 3.41% 23,972 $9.2M
16 Pachira Investments Inc. 3.36% 18,769 $7.2M
17 BLVD Private Wealth, LLC 3.34% 10,038 $3.8M
18 Ascent Advisors, LLC 3.25% 4,620 $1.8M
19 SURIENCE PRIVATE WEALTH LLC 3.22% 7,815 $3.0M
20 StoneCrest Wealth Management, Inc. 3.20% 19,717 $7.6M
21 Alexis Investment Partners, LLC 3.14% 12,589 $4.6M
22 Blue Zone Wealth Advisors, LLC 3.11% 39,850 $15.3M
23 Black Swift Group, LLC 2.80% 41,676 $16.0M
24 SBE LLC DBA CEDAR COVE WEALTH PARTNERS 2.74% 13,606 $5.2M
25 WT Wealth Management 2.67% 23,391 $9.0M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — VANECK ETF TRUST (SMH)

What does the Smart Money Trend signal show for SMH?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added SMH than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for SMH?

More buyers than sellers — 62% buying: Last quarter: 701 funds were net buyers (234 opened a brand new position + 467 added to an existing one). Only 426 were sellers (336 trimmed + 90 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SMH holders?

Strong quality — 26% AUM from major funds: 26 of 1149 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held SMH?

44% of holders stayed for 2+ years: 504 out of 1,149 hedge funds have held SMH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.