Who owns SMH
Which tracked institutional funds hold SMH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SMH company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on SMH is one-sided between 2026-Q1 and 2026-Q2: 842 added or opened and 131 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
SMH’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.4% of its own reported 13F book, while the median holder sizes it at 0.5% of theirs — a 0.1pp gap the other way — the median holder sizes SMH more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in SMH divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 1499 tracked filers holding SMH, 810 increased or opened the position and 612 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in SMH between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 102
- Jasper Ridge Partners, L.P.$733M
- Cerity Partners OCIO LLC$379M
- Quadrature Capital Ltd$228M
- SCHRODER INVESTMENT MANAGEMENT GROUP$161M
- MIRAE ASSET SECURITIES (USA) INC.$99M
- Holocene Advisors, LP$79M
Full exits 82
- Clal Insurance Enterprises Holdings Ltd$219M
- Hel Ved Capital Management Ltd$206M
- Harel Insurance Investments & Financial Services Ltd.$205M
- RENAISSANCE TECHNOLOGIES LLC$142M
- Squarepoint Ops LLC$135M
- D. E. Shaw & Co., Inc.$76M
Largest adds
- GOLDMAN SACHS GROUP INC$2.4B
- BANK OF AMERICA CORP /DE/$2.3B
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$853M
- BARCLAYS PLC$819M
- LPL Financial LLC$811M
- BNP PARIBAS FINANCIAL MARKETS$666M
Largest trims
- CITADEL ADVISORS LLC$3.4B
- MILLENNIUM MANAGEMENT LLC$621M
- MARSHALL WACE, LLP$64M
- J.Safra Asset Management Corp$28M
- Horizon Wealth Management, LLC$22M
- Jackson Wealth Management, LLC$18M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 9,557,301 | $6.3B | 19.7% | 2026-Q2 |
| MORGAN STANLEY trimmed | 4,074,538 | $2.7B | 8.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 3,960,836 | $2.6B | 8.2% | 2026-Q2 |
| LPL Financial LLC added | 2,887,567 | $1.9B | 6.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 1,677,290 | $1.1B | 3.5% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 1,568,830 | $1.0B | 3.2% | 2026-Q2 |
| BARCLAYS PLC added | 1,360,781 | $893M | 2.8% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 1,297,218 | $820M | 2.6% | 2026-Q2 |
| UBS Group AG trimmed | 1,294,421 | $849M | 2.7% | 2026-Q2 |
| Jasper Ridge Partners, L.P. new | 1,117,575 | $733M | 2.3% | 2026-Q2 |
| Migdal Insurance & Financial Holdings Ltd. added | 992,691 | $651M | 2.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 980,517 | $643M | 2.0% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 920,000 | $603M | 1.9% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 844,815 | $554M | 1.7% | 2026-Q2 |
| CITIGROUP INC trimmed | 820,261 | $538M | 1.7% | 2026-Q2 |
| MENORA MIVTACHIM HOLDINGS LTD. trimmed | 779,200 | $511M | 1.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 739,031 | $485M | 1.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 634,630 | $416M | 1.3% | 2026-Q2 |
| MEITAV INVESTMENT HOUSE LTD trimmed | 613,486 | $402M | 1.3% | 2026-Q2 |
| Saudi Central Bank | 602,006 | $335M | 1.1% | 2026-Q2 |
| Focus Partners Wealth added | 588,682 | $386M | 1.2% | 2026-Q2 |
| Cerity Partners OCIO LLC new | 577,281 | $379M | 1.2% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 539,026 | $354M | 1.1% | 2026-Q2 |
| Cetera Investment Advisers added | 522,174 | $342M | 1.1% | 2026-Q2 |
| PRUDENTIAL PLC added | 472,312 | $310M | 1.0% | 2026-Q2 |
| RiverFront Investment Group, LLC added | 441,124 | $289M | 0.9% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 384,578 | $252M | 0.8% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 357,849 | $235M | 0.7% | 2026-Q2 |
| Quadrature Capital Ltd added | 347,669 | $228M | 0.7% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 297,998 | $196M | 0.6% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 293,759 | $193M | 0.6% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 283,483 | $186M | 0.6% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 282,670 | $185M | 0.6% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP new | 254,408 | $161M | 0.5% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 239,789 | $147M | 0.5% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 203,071 | $133M | 0.4% | 2026-Q2 |
| Howard Capital Management, LLC | 197,200 | $129M | 0.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 189,914 | $125M | 0.4% | 2026-Q2 |
| Portfolio Strategies, Inc. added | 175,468 | $115M | 0.4% | 2026-Q2 |
| Woodline Partners LP added | 172,111 | $113M | 0.4% | 2026-Q2 |
| BlueCrest Capital Management Ltd added | 167,000 | $110M | 0.3% | 2026-Q2 |
| Private Advisor Group, LLC added | 164,599 | $108M | 0.3% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 159,429 | $105M | 0.3% | 2026-Q2 |
| MIRAE ASSET SECURITIES (USA) INC. added | 150,502 | $99M | 0.3% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 137,546 | $90M | 0.3% | 2026-Q2 |
| Fisher Asset Management, LLC trimmed | 126,330 | $83M | 0.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 124,202 | $81M | 0.3% | 2026-Q2 |
| LMR Partners LLP added | 123,731 | $81M | 0.3% | 2026-Q2 |
| NewEdge Wealth, LLC added | 122,260 | $80M | 0.3% | 2026-Q2 |
| Moss Adams Wealth Advisors LLC trimmed | 120,494 | $79M | 0.2% | 2026-Q2 |
| Holocene Advisors, LP new | 120,000 | $79M | 0.2% | 2026-Q2 |
| Wealthspire Advisors, LLC added | 119,562 | $78M | 0.2% | 2026-Q2 |
| Wealthfront Advisers LLC added | 118,496 | $78M | 0.2% | 2026-Q2 |
| BlackRock, Inc. trimmed | 112,988 | $74M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 105,839 | $69M | 0.2% | 2026-Q2 |
| TRB Advisors LP new | 100,000 | $66M | 0.2% | 2026-Q2 |
| Spider Management Company, LLC added | 97,744 | $64M | 0.2% | 2026-Q2 |
| Miller Investment Management, LP added | 95,530 | $63M | 0.2% | 2026-Q2 |
| SBI Securities Co., Ltd. added | 93,493 | $61M | 0.2% | 2026-Q2 |
| Rezny Wealth Management, Inc. added | 92,798 | $61M | 0.2% | 2026-Q2 |
| Elo Mutual Pension Insurance Co new | 92,560 | $61M | 0.2% | 2026-Q2 |
| Jain Global LLC trimmed | 89,894 | $59M | 0.2% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 85,735 | $56M | 0.2% | 2026-Q2 |
| Concurrent Investment Advisors, LLC trimmed | 85,048 | $56M | 0.2% | 2026-Q2 |
| Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD trimmed | 84,287 | $55M | 0.2% | 2026-Q2 |
| Round Rock Advisors LLC trimmed | 84,209 | $55M | 0.2% | 2026-Q2 |
| Bouchey Financial Group, Ltd. added | 82,577 | $54M | 0.2% | 2026-Q2 |
| Yarbrough Capital, LLC | 81,148 | $53M | 0.2% | 2026-Q2 |
| ASSETMARK, INC added | 80,312 | $53M | 0.2% | 2026-Q2 |
| Cornerstone Advisors, LLC trimmed | 80,177 | $53M | 0.2% | 2026-Q2 |
| FMR LLC added | 79,278 | $52M | 0.2% | 2026-Q2 |
| LYELL WEALTH MANAGEMENT, LP trimmed | 76,152 | $50M | 0.2% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 73,019 | $48M | 0.2% | 2026-Q2 |
| Equitable Holdings, Inc. added | 72,238 | $47M | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 69,964 | $46M | 0.1% | 2026-Q2 |
| Performance Wealth Partners, LLC new | 69,835 | $46M | 0.1% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 66,409 | $44M | 0.1% | 2026-Q2 |
| Summit Financial, LLC trimmed | 66,155 | $43M | 0.1% | 2026-Q2 |
| Navigation Group, LLC trimmed | 65,575 | $43M | 0.1% | 2026-Q2 |
| ADAPT Investment Managers SA trimmed | 63,911 | $42M | 0.1% | 2026-Q2 |
| Principle Wealth Partners LLC added | 62,788 | $41M | 0.1% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 62,339 | $41M | 0.1% | 2026-Q2 |
| Nan Shan Life Insurance Co., Ltd. added | 61,879 | $41M | 0.1% | 2026-Q2 |
| Parker Investment Management, LLC trimmed | 61,745 | $40M | 0.1% | 2026-Q2 |
| Baird Financial Group, Inc. added | 61,203 | $40M | 0.1% | 2026-Q2 |
| Kraft, Davis & Associates, LLC trimmed | 60,208 | $36M | 0.1% | 2026-Q2 |
| M & L Capital Management Ltd new | 59,100 | $39M | 0.1% | 2026-Q2 |
| Daiichi Life Insurance Co., Ltd. trimmed | 57,632 | $38M | 0.1% | 2026-Q2 |
| Centiva Capital, LP added | 56,684 | $37M | 0.1% | 2026-Q2 |
| Pine Ridge Advisers LLC trimmed | 56,475 | $37M | 0.1% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 56,377 | $37M | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 56,345 | $37M | 0.1% | 2026-Q2 |
| CONDOR CAPITAL MANAGEMENT added | 55,559 | $36M | 0.1% | 2026-Q2 |
| TD Waterhouse Canada Inc. trimmed | 55,159 | $34M | 0.1% | 2026-Q2 |
| Mariner, LLC trimmed | 54,060 | $35M | 0.1% | 2026-Q2 |
| Rothschild Capital Partners, LLC | 52,533 | $34M | 0.1% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC | 52,336 | $34M | 0.1% | 2026-Q2 |
| Sowell Financial Services LLC added | 51,206 | $34M | 0.1% | 2026-Q2 |
| Blue Zone Wealth Advisors, LLC added | 50,513 | $33M | 0.1% | 2026-Q2 |
| AE Wealth Management LLC added | 50,409 | $33M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.