PPH
VanEck Pharmaceutical ETF · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth +25.0% ·
share flow -30.0% ·
net new positions +20.0%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 42 | 0 | 4.70M | $514.35M | +3 | −3 |
| Q1 2026 | 43 | 0 | 4.47M | $464.64M | +6 | −6 |
| Q4 2025 | 43 | -2 | 5.30M | $546.75M | +1 | −3 |
| Q3 2025 | 10 | +2 | 3.22M | $291.27M | +2 | — |
| Q2 2025 | 5 | +1 | 92.39K | $8.13M | +2 | −1 |
| Q1 2025 | 3 | -2 | 1.37M | $124.90M | +1 | −3 |
| Q4 2024 | 5 | 0 | 197.06K | $17.00M | +1 | −1 |
| Q3 2024 | 5 | 0 | 123.94K | $11.78M | +1 | −1 |
| Q2 2024 | 5 | — | 69.03K | $6.31M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Citadel Advisors ✦ | 31.28K | -24.5% | $2.75M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 2 | D. E. Shaw & Co. ✦ | 30.25K | New | $2.66M | 0.0% | New | 1 | SEC ↗ |
| 3 | Fisher Asset Management ✦ | 15.00K | -98.8% | $1.32M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 4 | Renaissance Technologies ✦ | 14.40K | New | $1.27M | 0.0% | New | 1 | SEC ↗ |
| 5 | Fidelity (FMR) ✦ | 1.46K | — | $128,527 | 0.0% | n/c | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| D. E. Shaw & Co. | $2.66M | 0.0% |
| Renaissance Technologies | $1.27M | 0.0% |
Exited
| Two Sigma Investments | $4.60M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 147 holders, 7.59M shares, $716.28M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.