As of 31 Dec 2025, 1,165 institutional investors reported holding 48,440,365 shares of VANECK ETF TRUST - SEMICONDUCTR ETF (SMH).
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 48,440,365 | $17,449,067,646 | +$641,654,776 | $360.13 | 1,165 |
| 2025 Q3 | 47,126,525 | $15,381,385,712 | -$355,042,847 | $326.36 | 1,053 |
| 2025 Q2 | 49,240,322 | $13,734,710,312 | +$509,756,472 | $278.88 | 1,007 |
| 2025 Q1 | 46,650,169 | $9,867,406,074 | -$468,350,868 | $211.47 | 903 |
| 2024 Q4 | 48,877,163 | $11,844,257,755 | +$345,636,147 | $242.17 | 958 |
| 2024 Q3 | 47,218,848 | $11,589,792,960 | -$230,328,895 | $245.45 | 875 |
| 2024 Q2 | 47,625,576 | $12,412,757,514 | -$373,634,316 | $260.70 | 849 |
| 2024 Q1 | 49,464,182 | $11,127,783,173 | +$667,548,904 | $224.99 | 757 |
| 2023 Q4 | 45,810,028 | $8,015,912,434 | +$57,218,004 | $174.87 | 661 |
| 2023 Q3 | 44,979,502 | $6,521,895,222 | +$1,046,993,462 | $144.98 | 552 |
| 2023 Q2 | 38,257,962 | $5,823,222,112 | +$2,124,666,565 | $152.25 | 519 |
| 2023 Q1 | 23,273,827 | $6,123,904,104 | +$235,957,407 | $263.19 | 473 |
| 2022 Q4 | 22,354,914 | $4,537,945,323 | -$243,951,651 | $202.94 | 422 |
| 2022 Q3 | 23,424,411 | $4,341,064,973 | +$250,434,510 | $185.12 | 382 |
| 2022 Q2 | 21,860,938 | $4,454,190,799 | -$238,978,321 | $203.73 | 411 |
| 2022 Q1 | 23,078,307 | $6,229,590,480 | +$2,552,175,483 | $269.79 | 426 |
| 2021 Q4 | 13,624,367 | $4,203,789,236 | -$1,340,334,074 | $308.79 | 444 |
| 2021 Q3 | 18,089,087 | $4,638,134,508 | +$409,533,486 | $256.27 | 381 |
| 2021 Q2 | 16,505,191 | $4,327,705,844 | -$346,417,174 | $262.24 | 368 |
| 2021 Q1 | 17,806,819 | $4,337,319,306 | +$779,871,828 | $243.55 | 334 |
| 2020 Q4 | 14,255,959 | $3,118,615,349 | -$300,398,443 | $218.42 | 291 |
| 2020 Q3 | 15,959,793 | $2,780,375,031 | -$12,090,644 | $174.20 | 229 |
| 2020 Q2 | 16,778,524 | $2,564,018,254 | -$172,737,622 | $152.80 | 206 |
| 2020 Q1 | 18,424,240 | $2,158,149,880 | -$245,448,915 | $117.14 | 186 |
| 2019 Q4 | 16,737,032 | $2,365,822,540 | -$110,603,683 | $141.41 | 177 |
| 2019 Q3 | 18,132,243 | $2,160,989,597 | -$657,294,518 | $119.13 | 140 |
| 2019 Q2 | 22,784,463 | $2,510,284,898 | +$53,661,752 | $110.18 | 137 |
| 2019 Q1 | 22,953,037 | $2,441,780,934 | -$203,770,502 | $106.33 | 122 |
| 2018 Q4 | 24,357,779 | $2,125,870,426 | -$613,737,037 | $87.28 | 129 |
| 2018 Q3 | 32,118,417 | $3,418,881,174 | +$121,650,475 | $106.45 | 117 |
| 2018 Q2 | 32,050,198 | $3,290,665,369 | +$775,730,901 | $102.67 | 129 |
| 2018 Q1 | 24,258,489 | $2,529,766,686 | +$535,486,639 | $104.28 | 131 |
| 2017 Q4 | 19,180,678 | $1,876,168,357 | -$589,253,870 | $97.81 | 117 |
| 2017 Q3 | 25,214,622 | $2,352,586,408 | +$366,207,177 | $93.32 | 105 |
| 2017 Q2 | 21,251,426 | $1,739,907,353 | +$189,298,538 | $81.86 | 96 |
| 2017 Q1 | 18,788,571 | $1,497,586,795 | +$208,363,111 | $79.71 | 88 |
| 2016 Q4 | 16,429,432 | $1,176,978,270 | -$474,705,954 | $71.64 | 84 |
| 2016 Q3 | 23,061,578 | $1,602,024,430 | +$328,127,943 | $69.47 | 64 |
| 2016 Q2 | 19,137,853 | $1,093,842,896 | +$1,039,232,303 | $57.01 | 49 |
| 2016 Q1 | 174,765 | $9,823,000 | +$9,415,000 | $80.67 | 2 |