Vaneck ETF Trust (SMHX) Hedge Fund Ownership (Q1 2026)

Q: Is it too late to buy Vaneck ETF Trust (SMHX) following the 2026 Q2 hedge fund 13F filings?

As of today, SMHX has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), SMHX gained -6.8% vs +4.0% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Vaneck ETF Trust (SMHX)

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

Smart Money Signals — SMHX

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

➡️

No change last quarter

last 6Q

The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

🏔️

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 — 54% buying

22 buying19 selling

Last quarter: 22 funds bought or added vs 19 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: 11 → 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 → 11 → 11 → 19 → 9 new funds/Q

New funds entering each quarter: 11 → 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	40	41	-2.44%
13F Shares	1M	1M	6.06%
Total Value	$44M	$43M	2.79%
New Positions	9	19	-10
Increased Positions	13	8	+5
Closed Positions	9	2	+7
Reduced Positions	10	8	+2
Total Calls	0	0	-
Total Puts	2	0	100%
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

-2.44%

13F Shares

6.06%

Total Value

$44M

$43M

2.79%

New Positions

-10

Increased Positions

Closed Positions

Reduced Positions

Total Calls

Total Puts

100%

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

40 + 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:

2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

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	2.94%	318,447	$20.3M
2	Wbi Investments, LLC	1.79%	112,755	$7.2M
3	Millington Securities, LLC	1.01%	98,329	$3.7M
4	BXM Wealth LLC	0.64%	18,390	$1.2M
5	Echo45 Advisors LLC	0.56%	16,902	$1.1M
6	Provenance Wealth Advisors, LLC	0.20%	32,271	$2.1M
7	Pennsylvania Capital Management Inc /Adv	0.13%	7,810	$499K
8	Center For Asset Management LLC	0.09%	3,182	$203K
9	Columbus Macro, LLC	0.07%	11,524	$736K
10	Maridea Wealth Management LLC	0.05%	6,840	$437K
11	Assetmark, Inc	0.04%	371,907	$23.8M
12	Quadrature Capital Ltd	0.03%	48,554	$3.1M
13	GRIMES & Co WEALTH MANAGEMENT, LLC	0.02%	12,890	$824K
14	Cape Investment Advisory, Inc.	0.01%	783	$50K
15	PFG Investments, LLC	0.01%	4,786	$306K
16	Gladstone Institutional Advisory LLC	0.01%	4,345	$278K
17	Kingdom Financial Group LLC.	0.01%	526	$34K
18	Apollon Wealth Management, LLC	0.00%	6,350	$406K
19	Advisory Services Network, LLC	0.00%	4,364	$279K
20	Rossby Financial, LCC	0.00%	227	$15K
21	Brookstone Capital Management	0.00%	3,884	$248K
22	Global Retirement Partners, LLC	0.00%	1,938	$124K
23	LPL Financial LLC	0.00%	118,337	$7.6M
24	Hrt Financial LP	0.00%	8,444	$539K
25	Frazier Financial Advisors, LLC	0.00%	28	$2K

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?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for SMHX?

Slight buying edge — 54% buying: Last quarter: 22 funds bought or added vs 19 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 Q2 hedge fund 13F filings?

As of today, SMHX has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), SMHX has gained -6.8% vs +4.0% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near 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.

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Vaneck ETF Trust (SMHX)

Smart Money Signals — SMHX

No change last quarter

At the ownership peak (100% of max)

Fast accumulation — +583% more funds vs a year ago

Slight buying edge — 54% buying

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

Mostly new holders — 73% entered in last year

Steady discovery — ~9 new funds/quarter

Early stage — 95% of holders entered in last year

Smaller funds dominant — 16% AUM from top-100

Institutional Sentiment Summary — SMHX

Hedge Fund Ownership: SMHX

Market Analysis: SMHX

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: SMHX

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

Hedge Fund Positioning: SMHX

Statistics: SMHX

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Vaneck ETF Trust (SMHX)

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