Who owns SMHX
Which tracked institutional funds hold SMHX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SMHX company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 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 SMHX is one-sided between 2026-Q1 and 2026-Q2: 16 added or opened and 4 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
SMHX’s largest tracked holder by dollar value, ASSETMARK, INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SMHX 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 48 tracked filers holding SMHX, 24 increased or opened the position and 19 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 SMHX 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 4
- Quadrature Capital Ltd$3M
- BANK OF AMERICA CORP /DE/$2M
- D. E. Shaw & Co., Inc.$1M
- AQR CAPITAL MANAGEMENT LLC$835K
Full exits 4
- MILLINGTON SECURITIES, LLC$4M
- CITADEL ADVISORS LLC$2M
- GOLDMAN SACHS GROUP INC$1M
- HRT FINANCIAL LP$766K
Largest adds
- ASSETMARK, INC$10M
- Black Swift Group, LLC$8M
- LPL Financial LLC$4M
- WBI INVESTMENTS, LLC$4M
- Provenance Wealth Advisors, LLC$861K
- Western Wealth Management, LLC$591K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ASSETMARK, INC trimmed | 371,907 | $24M | 25.8% | 2026-Q2 |
| Black Swift Group, LLC trimmed | 318,447 | $20M | 22.1% | 2026-Q2 |
| LPL Financial LLC added | 118,337 | $8M | 8.2% | 2026-Q2 |
| WBI INVESTMENTS, LLC added | 112,755 | $7M | 7.8% | 2026-Q2 |
| Quadrature Capital Ltd new | 48,554 | $3M | 3.4% | 2026-Q2 |
| Provenance Wealth Advisors, LLC | 32,271 | $2M | 2.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ new | 30,125 | $2M | 2.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. new | 19,479 | $1M | 1.3% | 2026-Q2 |
| BXM Wealth LLC | 18,390 | $1M | 1.3% | 2026-Q2 |
| Echo45 Advisors LLC trimmed | 16,902 | $1M | 1.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC new | 13,067 | $835K | 0.9% | 2026-Q2 |
| GRIMES & Co WEALTH MANAGEMENT, LLC trimmed | 12,890 | $824K | 0.9% | 2026-Q2 |
| Western Wealth Management, LLC added | 12,040 | $769K | 0.8% | 2026-Q2 |
| Columbus Macro, LLC added | 11,524 | $736K | 0.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 9,550 | $610K | 0.7% | 2026-Q2 |
| Cetera Investment Advisers added | 9,307 | $595K | 0.6% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 9,107 | $582K | 0.6% | 2026-Q2 |
| PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV | 7,810 | $499K | 0.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC new | 7,076 | $452K | 0.5% | 2026-Q2 |
| Maridea Wealth Management LLC trimmed | 6,840 | $437K | 0.5% | 2026-Q2 |
| Apollon Wealth Management, LLC | 6,350 | $406K | 0.4% | 2026-Q2 |
| PFG Investments, LLC new | 4,786 | $306K | 0.3% | 2026-Q2 |
| Concorde Asset Management, LLC new | 4,433 | $283K | 0.3% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 4,364 | $279K | 0.3% | 2026-Q2 |
| Gladstone Institutional Advisory LLC new | 4,345 | $278K | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 4,278 | $273K | 0.3% | 2026-Q2 |
| Brookstone Capital Management new | 3,884 | $248K | 0.3% | 2026-Q2 |
| Center For Asset Management LLC new | 3,182 | $203K | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 3,008 | $192K | 0.2% | 2026-Q2 |
| Global Retirement Partners, LLC added | 1,938 | $124K | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC | 1,000 | $64K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 828 | $53K | 0.1% | 2026-Q2 |
| Cape Investment Advisory, Inc. added | 783 | $50K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 643 | $41K | 0.0% | 2026-Q2 |
| Kingdom Financial Group LLC. | 526 | $34K | 0.0% | 2026-Q2 |
| Atlantic Union Bankshares Corp | 500 | $32K | 0.0% | 2026-Q2 |
| Ameritas Advisory Services, LLC trimmed | 317 | $20K | 0.0% | 2026-Q2 |
| Rossby Financial, LCC trimmed | 227 | $15K | 0.0% | 2026-Q2 |
| Capital Investment Advisory Services, LLC added | 163 | $10K | 0.0% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP trimmed | 155 | $10K | 0.0% | 2026-Q2 |
| TD Waterhouse Canada Inc. | 128 | $8K | 0.0% | 2026-Q2 |
| Continuum Advisory, LLC new | 73 | $5K | 0.0% | 2026-Q2 |
| US BANCORP \DE\ | 52 | $3K | 0.0% | 2026-Q2 |
| FMR LLC trimmed | 40 | $3K | 0.0% | 2026-Q2 |
| Darwin Wealth Management, LLC | 36 | $2K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 31 | $2K | 0.0% | 2026-Q2 |
| Frazier Financial Advisors, LLC | 28 | $2K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC | 4 | $256 | 0.0% | 2026-Q2 |
| MILLINGTON SECURITIES, LLC new | 98,329 | $4M | 4.0% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC added | 40,517 | $2M | 1.6% | 2026-Q1 stale (1 quarter behind) |
| GOLDMAN SACHS GROUP INC added | 33,088 | $1M | 1.3% | 2026-Q1 stale (1 quarter behind) |
| HRT FINANCIAL LP trimmed | 20,583 | $766K | 0.8% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 11,456 | $426K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| UBS Group AG added | 4,605 | $171K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Lloyd Advisory Services, LLC. new | 526 | $20K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Dakota Wealth Management new | 58,115 | $2M | 2.4% | 2025-Q4 stale (2 quarters behind) |
| Tower Research Capital LLC (TRC) trimmed | 27,357 | $1M | 1.1% | 2025-Q4 stale (2 quarters behind) |
| JANE STREET GROUP, LLC trimmed | 6,810 | $259K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| HARBOUR INVESTMENTS, INC. new | 120 | $5K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| BNP PARIBAS FINANCIAL MARKETS new | 81 | $3K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| SIMPLEX TRADING, LLC new | 44 | $2K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| SIGNATUREFD, LLC new | 40 | $2K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| JPMORGAN CHASE & CO new | 16 | $608 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Lokken Investment Group LLC added | 56,451 | $2M | 2.3% | 2025-Q3 stale (3 quarters behind) |
| Wealthspire Advisors, LLC new | 225 | $9K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| PNC Financial Services Group, Inc. new | 1,000 | $31K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Parallel Advisors, LLC new | 13 | $407 | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.