Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Vaneck ETF Trust (SMHX)

41 + Investors. Track Smart Money conviction in SMHX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
6Q ▲
Buyers last Q
55%

Smart Money Signals — SMHX

Based on 41 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds added SMHX 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
41 hedge funds hold SMHX right now — the highest count in 1.8 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 — +583% more funds vs a year ago

fund count last 6Q
+35 new funds entered over the past year (+583% 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.
🟡

Slight buying edge — 55% buying

22 buying18 selling
Last quarter: 22 funds bought or added vs 18 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-10 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 10 → 11 → 19 → 9. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 73% entered in last year

■ 0% conviction (2yr+) ■ 27% medium ■ 73% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
➡️

Steady discovery — ~9 new funds/quarter

3 → 10 → 11 → 19 → 9 new funds/Q
New funds entering each quarter: 10 → 11 → 19 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 95% of holders entered in last year

■ 0% veterans ■ 5% 1-2yr ■ 95% new
Of 42 current holders: 40 (95%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 16% AUM from top-100

16% from top-100 AUM funds
9 of 40 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
6.8
out of 10
Moderate Exit Risk
Exit risk score 6.8/10 — 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.

Institutional Sentiment Summary — SMHX

In 2026 Q1, 22 hedge funds were net buyers of SMHX (9 opened a new position, 13 added to an existing one), while 18 reduced or exited (10 trimmed, 8 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 6 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 41.

Hedge Fund Ownership: SMHX

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

Market Analysis: SMHX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SMHX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Vaneck ETF Trust (SMHX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SMHX has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
SMHX
+78.1%
SPY
+13.9%

SMHX outperformed SPY by +64.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
SMHX
+19.0%
SPY
+0.2%

Since the filing became public, SMHX outperformed SPY by +18.8% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: SMHX
41 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 41 40 2.5%
13F Shares 1M 1M 6.17%
Total Value $44M $43M 2.89%
New Positions 9 19 -10
Increased Positions 13 7 +6
Closed Positions 8 2 +6
Reduced Positions 10 8 +2
Total Calls 0 0 -
Total Puts 2 0 100%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SMHX

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Financial Highlights

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Institutional Holders (2026 Q1)

41 + investors

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

QUARTER:
Top 25 SMHX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Black Swift Group, LLC 2.10% 322,562 $12.0M
2 Wbi Investments, LLC 1.01% 98,329 $3.7M
3 Echo45 Advisors LLC 0.55% 26,242 $977K
4 BXM Wealth LLC 0.53% 18,390 $684K
5 Provenance Wealth Advisors, LLC 0.13% 32,271 $1.2M
6 Pennsylvania Capital Management Inc /Adv 0.08% 7,810 $291K
7 Columbus Macro, LLC 0.04% 10,001 $372K
8 Maridea Wealth Management LLC 0.04% 6,970 $259K
9 Assetmark, Inc 0.03% 377,972 $14.1M
10 GRIMES & Co WEALTH MANAGEMENT, LLC 0.01% 13,460 $501K
11 Ameritas Advisory Services, LLC 0.01% 6,178 $230K
12 Western Wealth Management, LLC 0.01% 4,790 $178K
13 Lloyd Advisory Services, LLC. 0.01% 526 $20K
14 Kingdom Financial Group LLC. 0.01% 526 $20K
15 Apollon Wealth Management, LLC 0.00% 6,350 $236K
16 Advisory Services Network, LLC 0.00% 5,463 $203K
17 Rossby Financial, LCC 0.00% 255 $10K
18 Hrt Financial LP 0.00% 20,583 $766K
19 LPL Financial LLC 0.00% 85,834 $3.2M
20 Frazier Financial Advisors, LLC 0.00% 28 $1K
21 Darwin Wealth Management, LLC 0.00% 36 $1K
22 Commonwealth Equity Services, LLC 0.00% 7,737 $288K
23 Farther Finance Advisors, LLC 0.00% 1,000 $38K
24 Atlantic Union Bankshares Corp 0.00% 500 $19K
25 Cetera Investment Advisers 0.00% 8,236 $307K
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 (SMHX)

What does the Smart Money Trend signal show for SMHX?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added SMHX 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 SMHX?

Slight buying edge — 55% buying: Last quarter: 22 funds bought or added vs 18 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for SMHX holders?

Smaller funds dominant — 16% AUM from top-100: 9 of 40 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held SMHX?

Mostly new holders — 73% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Vaneck ETF Trust (SMHX) following the 2026 Q1 hedge fund 13F filings?

As of today, SMHX has moved +19.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +18.8%. Since the quarter end (March 31, 2026), SMHX has gained +78.1% vs +13.9% for SPY. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

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.

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