StrataNova research

Positioning research

What registered investment advisers and hedge funds actually hold, built from their public 13F filings with every fund looked through to its holdings.

Report cover: RIAs nearly doubled their chip exposure. Almost none of it was a decision.
September 2026 · Positioning research · Q2 2026 13F filings

RIAs nearly doubled their chip exposure. Almost none of it was a decision.

Semiconductors went from 4.6% to 8.8% of the pooled book of 1,943 RIAs between December 2024 and June 2026. Rising chip prices and the index funds advisers already owned did almost all of it.

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