# VANECK ETF TRUST (SMH)

> Institutional ownership reported to the SEC as of Q3 2026, from Form 13F filings. Source: https://holderbook.com/stocks/SMH/

- Reporting holders: 81
- Reported value: $161.9M
- Held through calls: 2.3%
- Held through puts: 5.7%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [FERGUSON WELLMAN CAPITAL MANAGEMENT, INC](https://holderbook.com/funds/869353-ferguson-wellman-capital-management-inc/) | $17.3M | 28,408 | 0.2% | 6 |
| [KWMG, LLC](https://holderbook.com/funds/1633024-kwmg-llc/) | $16.6M | 27,315 | 1.2% | 26 |
| [CoreCap Advisors, LLC](https://holderbook.com/funds/1902501-corecap-advisors-llc/) | $14.9M | 24,392 | 0.4% | 17 |
| [MFA WEALTH ADVISORS, LLC](https://holderbook.com/funds/1688184-mfa-wealth-advisors-llc/) | $14.0M | 23,006 | 2.4% | 11 |
| [CenterStar Asset Management, LLC](https://holderbook.com/funds/1722053-centerstar-asset-management-llc/) | $11.1M | 478 | 2.6% | 2 |
| [Farther Finance Advisors, LLC](https://holderbook.com/funds/1992825-farther-finance-advisors-llc/) | $10.3M | 16,047 | 0.1% | 16 |
| [Castle Rock Wealth Management, LLC](https://holderbook.com/funds/1727605-castle-rock-wealth-management-llc/) | $6.4M | 10,144 | 1.2% | 16 |
| [Kaizen Financial Strategies](https://holderbook.com/funds/1842013-kaizen-financial-strategies/) | $6.3M | 10,339 | 2.5% | 22 |
| [SACKS & ASSOCIATES, LLC](https://holderbook.com/funds/2145868-sacks-associates-llc/) | $5.3M | 8,745 | 3.7% | 4 |
| [Tactive Advisors, LLC](https://holderbook.com/funds/2002409-tactive-advisors-llc/) | $4.8M | 7,810 | 1.1% | 11 |
| [Avidian Wealth Enterprises, LLC](https://holderbook.com/funds/1471474-avidian-wealth-enterprises-llc/) | $3.6M | 5,831 | 0.1% | 12 |
| [First Heartland Consultants, Inc.](https://holderbook.com/funds/1428793-first-heartland-consultants-inc/) | $3.5M | 5,684 | 0.2% | 11 |
| [Strategic Financial Group, LLC](https://holderbook.com/funds/2131286-strategic-financial-group-llc/) | $3.4M | 5,578 | 3.3% | 1 |
| [Cadent Capital Advisors, LLC](https://holderbook.com/funds/1803536-cadent-capital-advisors-llc/) | $2.8M | 4,560 | 0.6% | 1 |
| [Wisconsin Wealth Advisors, LLC](https://holderbook.com/funds/2073891-wisconsin-wealth-advisors-llc/) | $2.6M | 4,263 | 2.2% | 8 |
| [FSA Investment Group, LLC](https://holderbook.com/funds/2051584-fsa-investment-group-llc/) | $2.5M | 4,080 | 0.8% | 5 |
| [Box Hill Private Wealth LLC](https://holderbook.com/funds/2094120-box-hill-private-wealth-llc/) | $2.4M | 3,917 | 1.7% | 4 |
| [CONGRESS ASSET MANAGEMENT CO](https://holderbook.com/funds/897378-congress-asset-management-co/) | $2.4M | 3,912 | 0.0% | 1 |
| [City Center Advisors, LLC](https://holderbook.com/funds/2030341-city-center-advisors-llc/) | $2.0M | 3,323 | 1.5% | 11 |
| [Venture Visionary Partners LLC](https://holderbook.com/funds/1792283-venture-visionary-partners-llc/) | $1.8M | 2,985 | 0.0% | 12 |
| [Castleview Partners, LLC](https://holderbook.com/funds/1737088-castleview-partners-llc/) | $1.7M | 2,800 | 0.7% | 2 |
| [Bill Few Associates, Inc.](https://holderbook.com/funds/1914644-bill-few-associates-inc/) | $1.7M | 300 | 0.4% | 1 |
| [Elm3 Financial Group, LLC](https://holderbook.com/funds/2011201-elm3-financial-group-llc/) | $1.4M | 2,361 | 1.0% | 8 |
| [Wedmont Private Capital](https://holderbook.com/funds/1904274-wedmont-private-capital/) | $1.4M | 2,343 | 0.0% | 11 |
| [Mirador Capital Partners LP](https://holderbook.com/funds/1633446-mirador-capital-partners-lp/) | $1.3M | 2,164 | 0.2% | 5 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q3 2026 | 81 | $161.9M |
| Q2 2026 | 1,637 | $197.3B |
| Q1 2026 | 1,352 | $57.4B |
| Q4 2025 | 1,254 | $48.6B |
| Q3 2025 | 1,107 | $44.2B |
| Q2 2025 | 1,062 | $38.1B |
| Q1 2025 | 951 | $25.4B |
| Q4 2024 | 995 | $26.6B |
| Q3 2024 | 915 | $30.6B |
| Q2 2024 | 904 | $31.0B |
| Q1 2024 | 812 | $29.7B |
| Q4 2023 | 694 | $18.8B |