Form 13-F position report

VANECK ETF TR SEMICONDUCTOR ET Call options

Reported by CAPITAL FUND MANAGEMENT S A

ETF profile Manager portfolio Source filing
SMH CUSIP 92189F676 Manager CIK 0001323645
Latest reported change

Reported 1,006,500 underlying shares controlled, up 12,900 (1.3%) from the prior quarter.

Reported value -11.5%; share count 1.3% vs. the prior quarter.

Added
% of reported 13F value 0.61% This manager · Q1 2025
Underlying shares 1,006,500 Quarter-end amount reported
Reported notional value $212,844,555 Underlying-share value; not option premium
Consecutive quarters held 11 Through Q1 2025

Reported position value by quarter

Reported position value by quarter

Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.

Manager history

Quarterly position history

How this manager's reported quarter-end position changed over time.

16 quarters
Quarter Activity Underlying shares Change % of reported 13F Reported notional value Filed
Q2 2026 Reduced 30,100 -66,500 (-68.8%) 0.09% $19,742,289 2026-08-13
Q1 2026 Reduced 96,600 -71,700 (-42.6%) 0.17% $37,036,440 2026-05-14
Q4 2025 Reduced 168,300 -137,700 (-45.0%) 0.17% $60,609,879 2026-02-17
Q3 2025 Reduced 306,000 -54,200 (-15.0%) 0.26% $99,866,160 2025-11-13
Q2 2025 Reduced 360,200 -646,300 (-64.2%) 0.28% $100,452,576 2025-08-13
Q1 2025 Added 1,006,500 +12,900 (1.3%) 0.61% $212,844,555 2025-05-14
Q4 2024 Reduced 993,600 -39,000 (-3.8%) 0.61% $240,620,112 2025-02-13
Q3 2024 Added 1,032,600 +301,400 (41.2%) 0.69% $253,451,670 2024-11-13
Q2 2024 Added 731,200 +145,700 (24.9%) 0.56% $190,623,840 2024-08-13
Q1 2024 Reduced 585,500 -8,800 (-1.5%) 0.38% $131,731,645 2024-05-15
Q4 2023 Reduced 594,300 -544,800 (-47.8%) 0.28% $103,925,241 2024-02-14
Q3 2023 Added 1,139,100 +661,500 (138.5%) 0.57% $165,146,718 2023-11-14
Q2 2023 Added 477,600* +33,800 (7.6%) 0.29% $72,714,600 2023-08-14
Q1 2023 Added 221,900 +21,700 (10.8%) 0.28% $58,401,861 2023-05-15
Q4 2022 Added 200,200 +55,700 (38.5%) 0.27% $40,628,588 2023-02-13
Q3 2022 New 144,500 +144,500 (0.0%) 0.21% $26,749,840 2022-11-14
Institutional context

Who else reported the position

55 managers reported VANECK ETF TR SEMICONDUCTOR ET for Q1 2025.

Manager Activity Underlying shares Change % of reported 13F Reported notional value Tenure
SUSQUEHANNA INTERNATIONAL GROUP LLP Added 3,942,100 +546,900 0.14% $833,635,887 36 qtrs
CITADEL ADVISORS LLC Reduced 3,651,600 -1,060,400 0.15% $772,203,852 35 qtrs
Twin Tree Management LP Added 1,963,300 +1,529,800 0.78% $415,179,053 5 qtrs
JANE STREET GROUP LLC Reduced 1,780,500 -1,072,500 0.09% $376,522,335 3 qtrs
BNP PARIBAS FINANCIAL MARKETS Added 1,206,500 +638,600 0.15% $255,138,555 11 qtrs
Belvedere Trading LLC Added 1,168,600 +701,400 0.28% $247,123,842 3 qtrs
CAPITAL FUND MANAGEMENT S A This report Added 1,006,500 +12,900 0.61% $212,844,555 11 qtrs
UBS Group AG Added 996,272 +890,990 0.04% $210,681,640 14 qtrs
MILLENNIUM MANAGEMENT LLC Added 923,900 +553,400 0.1% $195,377,133 16 qtrs
PEAK6 LLC Reduced 735,700 -204,600 0.35% $155,578,479 2 qtrs
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Filing details and methodology As reported
Report period
March 31, 2025
Filed
May 14, 2025
Filing type
13F-HR
Position type
Call options

Voting authority reported

Sole
0
Shared
1,006,500
None
0

“None” means the manager reported no voting authority for those shares on non-routine matters. It does not disclose why and is not evidence of securities lending.

Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.