Who owns SMLV
Which tracked institutional funds hold SMLV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SMLV 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 SMLV is one-sided between 2026-Q1 and 2026-Q2: 20 added or opened and 6 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
SMLV’s largest tracked holder by dollar value, Howard Capital Management, LLC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SMLV 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 95 tracked filers holding SMLV, 47 increased or opened the position and 41 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 SMLV 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 3
- Howard Capital Management, LLC$19M
- McKinney Capital Management, LLC$10M
- Integrated Wealth Concepts LLC$2M
Full exits 4
- Cambridge Investment Research Advisors, Inc.$10M
- Capital Developers, LLC$2M
- Pathfinder Wealth Consulting, Inc.$945K
- HighTower Advisors, LLC$538K
Largest adds
- DORVAL Corp$2M
- LPL Financial LLC$1M
- NewEdge Advisors, LLC$1M
- AQR CAPITAL MANAGEMENT LLC$1M
- TWO SIGMA INVESTMENTS, LP$1M
- Roan Capital Partners$867K
Largest trims
- IEQ CAPITAL, LLC$7M
- ROYAL BANK OF CANADA$1M
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 |
|---|---|---|---|---|
| Howard Capital Management, LLC new | 121,811 | $19M | 11.6% | 2026-Q2 |
| DORVAL Corp added | 80,869 | $13M | 7.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 76,601 | $12M | 7.3% | 2026-Q2 |
| McKinney Capital Management, LLC new | 63,794 | $10M | 6.1% | 2026-Q2 |
| LPL Financial LLC added | 61,981 | $10M | 5.9% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 58,197 | $9M | 5.5% | 2026-Q2 |
| Roan Capital Partners added | 35,075 | $6M | 3.3% | 2026-Q2 |
| UBS Group AG added | 22,259 | $4M | 2.1% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 20,186 | $3M | 1.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 19,335 | $3M | 1.8% | 2026-Q2 |
| McNaughton Wealth Management, LLC trimmed | 18,455 | $3M | 1.8% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 14,200 | $2M | 1.4% | 2026-Q2 |
| Johnson & White Wealth Management, LLC trimmed | 12,562 | $2M | 1.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 12,083 | $2M | 1.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 11,900 | $2M | 1.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 11,813 | $2M | 1.1% | 2026-Q2 |
| IAG Wealth Partners, LLC trimmed | 11,606 | $2M | 1.1% | 2026-Q2 |
| MORGAN STANLEY added | 11,532 | $2M | 1.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 11,367 | $2M | 1.1% | 2026-Q2 |
| IEQ CAPITAL, LLC trimmed | 10,817 | $2M | 1.0% | 2026-Q2 |
| NorthRock Partners, LLC trimmed | 9,880 | $2M | 0.9% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 9,620 | $2M | 0.9% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 9,152 | $1M | 0.9% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 8,657 | $1M | 0.8% | 2026-Q2 |
| Insight Advisors, LLC/ PA trimmed | 8,325 | $1M | 0.8% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 8,018 | $1M | 0.8% | 2026-Q2 |
| COWA, LLC trimmed | 7,910 | $1M | 0.8% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 7,623 | $1M | 0.7% | 2026-Q2 |
| HF Advisory Group, LLC added | 7,591 | $1M | 0.7% | 2026-Q2 |
| CITIGROUP INC added | 7,527 | $1M | 0.7% | 2026-Q2 |
| Savant Capital, LLC added | 7,943 | $1M | 0.7% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 6,236 | $981K | 0.6% | 2026-Q2 |
| Navis Wealth Advisors, LLC added | 6,206 | $977K | 0.6% | 2026-Q2 |
| Pacific Sun Financial Corp trimmed | 5,762 | $907K | 0.5% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 4,978 | $783K | 0.5% | 2026-Q2 |
| Portland Financial Advisors Inc added | 4,631 | $729K | 0.4% | 2026-Q2 |
| Clearview Wealth Management LLC trimmed | 4,137 | $651K | 0.4% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 4,056 | $638K | 0.4% | 2026-Q2 |
| SUMMIT WEALTH GROUP LLC / CO added | 3,939 | $620K | 0.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 3,757 | $591K | 0.4% | 2026-Q2 |
| McAdam, LLC trimmed | 3,535 | $556K | 0.3% | 2026-Q2 |
| Stratos Wealth Partners, LTD. trimmed | 3,490 | $549K | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 3,414 | $537K | 0.3% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 3,207 | $505K | 0.3% | 2026-Q2 |
| Strategic Blueprint, LLC | 3,110 | $489K | 0.3% | 2026-Q2 |
| Waverly Advisors, LLC added | 2,784 | $438K | 0.3% | 2026-Q2 |
| Ausdal Financial Partners, Inc. added | 2,561 | $403K | 0.2% | 2026-Q2 |
| ROFFMAN MILLER ASSOCIATES INC /PA/ trimmed | 2,508 | $395K | 0.2% | 2026-Q2 |
| Continuum Advisory, LLC added | 2,335 | $367K | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO | 2,320 | $365K | 0.2% | 2026-Q2 |
| Compound Planning, Inc. trimmed | 2,150 | $338K | 0.2% | 2026-Q2 |
| Western Wealth Management, LLC | 2,015 | $317K | 0.2% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. | 1,973 | $310K | 0.2% | 2026-Q2 |
| Fragasso Financial Advisors Inc trimmed | 1,956 | $308K | 0.2% | 2026-Q2 |
| IHT Wealth Management, LLC added | 1,902 | $299K | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 1,859 | $293K | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC | 1,745 | $275K | 0.2% | 2026-Q2 |
| Swisher Financial Concepts, Inc. trimmed | 1,674 | $263K | 0.2% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. new | 1,601 | $252K | 0.2% | 2026-Q2 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC added | 1,584 | $249K | 0.2% | 2026-Q2 |
| Quantinno Capital Management LP new | 1,556 | $245K | 0.1% | 2026-Q2 |
| Grey Fox Wealth Advisors, LLC trimmed | 1,501 | $236K | 0.1% | 2026-Q2 |
| Worth Financial Advisory Group, LLC new | 1,483 | $233K | 0.1% | 2026-Q2 |
| LIBRA WEALTH LLC | 1,463 | $230K | 0.1% | 2026-Q2 |
| LEVEL FOUR ADVISORY SERVICES, LLC new | 1,445 | $227K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 1,437 | $226K | 0.1% | 2026-Q2 |
| Koshinski Asset Management, Inc. new | 1,376 | $217K | 0.1% | 2026-Q2 |
| Creative Planning new | 1,371 | $216K | 0.1% | 2026-Q2 |
| Sigma Planning Corp trimmed | 1,369 | $216K | 0.1% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. new | 1,367 | $215K | 0.1% | 2026-Q2 |
| Optimist Retirement Group LLC new | 1,324 | $208K | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP new | 1,273 | $200K | 0.1% | 2026-Q2 |
| IFP Advisors, Inc | 1,052 | $166K | 0.1% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 880 | $138K | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. | 344 | $54K | 0.0% | 2026-Q2 |
| Sage Mountain Advisors LLC trimmed | 340 | $54K | 0.0% | 2026-Q2 |
| Medallion Wealth Advisors, LLC | 250 | $39K | 0.0% | 2026-Q2 |
| ASSETMARK, INC | 239 | $38K | 0.0% | 2026-Q2 |
| FMR LLC added | 238 | $38K | 0.0% | 2026-Q2 |
| US BANCORP \DE\ | 233 | $37K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 200 | $32K | 0.0% | 2026-Q2 |
| VALLEY NATIONAL ADVISERS INC | 191 | $30K | 0.0% | 2026-Q2 |
| Tidemark, LLC | 162 | $25K | 0.0% | 2026-Q2 |
| Vermillion Wealth Management, Inc. added | 130 | $20K | 0.0% | 2026-Q2 |
| N.E.W. Advisory Services LLC added | 116 | $18K | 0.0% | 2026-Q2 |
| Capital Investment Advisory Services, LLC | 114 | $18K | 0.0% | 2026-Q2 |
| LANARK FINANCIAL, INC. | 110 | $17K | 0.0% | 2026-Q2 |
| 10Elms LLP added | 91 | $14K | 0.0% | 2026-Q2 |
| Bogart Wealth, LLC | 74 | $12K | 0.0% | 2026-Q2 |
| VANGUARD ADVISERS INC | 73 | $11K | 0.0% | 2026-Q2 |
| SOA Wealth Advisors, LLC. added | 71 | $11K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC | 59 | $9K | 0.0% | 2026-Q2 |
| Spire Wealth Management | 37 | $6K | 0.0% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 21 | $3K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 1 | $124 | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. added | 76,409 | $10M | 6.3% | 2026-Q1 stale (1 quarter behind) |
| Capital Developers, LLC trimmed | 11,822 | $2M | 1.0% | 2026-Q1 stale (1 quarter behind) |
| GOLDMAN SACHS GROUP INC trimmed | 7,702 | $1M | 0.6% | 2025-Q4 stale (2 quarters behind) |
| CW Advisors, LLC trimmed | 85,695 | $11M | 6.5% | 2025-Q2 stale (4 quarters behind) |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 11,001 | $1M | 0.8% | 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.