Who owns SMMD
Which tracked institutional funds hold SMMD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SMMD 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 SMMD is one-sided between 2026-Q1 and 2026-Q2: 107 added or opened and 20 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
SMMD’s largest tracked holder by dollar value, GLENMEDE TRUST CO NA, sizes it at 1.9% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 1.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SMMD 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 247 tracked filers holding SMMD, 149 increased or opened the position and 84 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 SMMD 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 17
- WELLINGTON MANAGEMENT GROUP LLP$99M
- IMA Advisory Services, Inc.$45M
- Badgley Phelps Wealth Managers, LLC$26M
- Pacific Excel Wealth Advisors, Inc.$8M
- Concurrent Investment Advisors, LLC$8M
- Advisory Solutions Group, LLC$2M
Full exits 13
- Janney Montgomery Scott LLC$10M
- HighTower Advisors, LLC$7M
- CX Institutional$5M
- JANE STREET GROUP, LLC$4M
- FLOW TRADERS U.S. LLC$3M
- Centerpoint Advisors, LLC$2M
Largest adds
- GLENMEDE TRUST CO NA$102M
- FIFTH THIRD BANCORP$85M
- BANK OF MONTREAL /CAN/$81M
- GOLDMAN SACHS GROUP INC$28M
- FMR LLC$27M
- UBS Group AG$26M
Largest trims
- Kendall Capital Management$20M
- CONGRESS ASSET MANAGEMENT CO$6M
- Heritage Family Offices, LLP$3M
- Blue Trust, Inc.$1M
- FULLER & THALER ASSET MANAGEMENT, INC.$704K
- Allspring Global Investments Holdings, LLC$368K
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 |
|---|---|---|---|---|
| GLENMEDE TRUST CO NA added | 4,790,919 | $439M | 15.3% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 3,480,115 | $319M | 11.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 2,323,554 | $213M | 7.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,760,471 | $161M | 5.6% | 2026-Q2 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | 1,504,650 | $138M | 4.8% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP new | 1,085,260 | $99M | 3.5% | 2026-Q2 |
| FMR LLC added | 1,082,560 | $99M | 3.5% | 2026-Q2 |
| CENTRAL TRUST Co added | 1,046,455 | $96M | 3.3% | 2026-Q2 |
| Focus Partners Wealth added | 776,244 | $71M | 2.5% | 2026-Q2 |
| UBS Group AG added | 774,676 | $71M | 2.5% | 2026-Q2 |
| COLDSTREAM CAPITAL MANAGEMENT INC trimmed | 690,732 | $63M | 2.2% | 2026-Q2 |
| Cresset Asset Management, LLC trimmed | 650,970 | $60M | 2.1% | 2026-Q2 |
| Wealthspire Advisors, LLC added | 562,618 | $52M | 1.8% | 2026-Q2 |
| Gerber Kawasaki Wealth & Investment Management added | 519,296 | $48M | 1.7% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 496,885 | $46M | 1.6% | 2026-Q2 |
| IMA Advisory Services, Inc. new | 491,513 | $45M | 1.6% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL added | 480,198 | $44M | 1.5% | 2026-Q2 |
| US BANCORP \DE\ added | 382,478 | $35M | 1.2% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 377,548 | $34M | 1.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 367,953 | $34M | 1.2% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 353,440 | $32M | 1.1% | 2026-Q2 |
| Diesslin Group, Inc. added | 351,000 | $32M | 1.1% | 2026-Q2 |
| LPL Financial LLC added | 281,070 | $26M | 0.9% | 2026-Q2 |
| Badgley Phelps Wealth Managers, LLC new | 279,503 | $26M | 0.9% | 2026-Q2 |
| WESTWOOD HOLDINGS GROUP INC added | 274,856 | $25M | 0.9% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 273,676 | $25M | 0.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 264,669 | $24M | 0.8% | 2026-Q2 |
| Wealthcare Advisory Partners LLC trimmed | 257,371 | $24M | 0.8% | 2026-Q2 |
| CWA Asset Management Group, LLC added | 205,082 | $19M | 0.7% | 2026-Q2 |
| Curi Capital, LLC added | 203,409 | $19M | 0.6% | 2026-Q2 |
| SigFig Wealth Management, LLC added | 176,920 | $16M | 0.6% | 2026-Q2 |
| Brio Consultants, LLC added | 176,437 | $16M | 0.6% | 2026-Q2 |
| CATALYST FINANCIAL PARTNERS LLC added | 172,778 | $16M | 0.6% | 2026-Q2 |
| SFAM, LLC trimmed | 169,317 | $16M | 0.5% | 2026-Q2 |
| World Investment Advisors trimmed | 162,754 | $12M | 0.4% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. trimmed | 160,337 | $15M | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 150,641 | $14M | 0.5% | 2026-Q2 |
| Berger Financial Group, Inc trimmed | 142,271 | $13M | 0.5% | 2026-Q2 |
| DIMENSION CAPITAL MANAGEMENT LLC added | 140,441 | $13M | 0.4% | 2026-Q2 |
| Rossby Financial, LCC added | 136,447 | $13M | 0.4% | 2026-Q2 |
| CONGRESS ASSET MANAGEMENT CO trimmed | 133,716 | $12M | 0.4% | 2026-Q2 |
| CMH Wealth Management LLC added | 127,138 | $12M | 0.4% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 122,982 | $11M | 0.4% | 2026-Q2 |
| Cerity Partners LLC added | 122,893 | $11M | 0.4% | 2026-Q2 |
| ROGCO, LP added | 112,165 | $10M | 0.4% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 111,704 | $10M | 0.4% | 2026-Q2 |
| JOHNSON INVESTMENT COUNSEL INC added | 110,932 | $10M | 0.4% | 2026-Q2 |
| Mariner, LLC added | 107,740 | $10M | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 107,574 | $10M | 0.3% | 2026-Q2 |
| Benchmark Financial Wealth Advisors, LLC added | 92,212 | $8M | 0.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 91,159 | $8M | 0.3% | 2026-Q2 |
| Heritage Family Offices, LLP trimmed | 89,987 | $8M | 0.3% | 2026-Q2 |
| Pacific Excel Wealth Advisors, Inc. new | 89,987 | $8M | 0.3% | 2026-Q2 |
| Pure Financial Advisors, LLC added | 88,733 | $8M | 0.3% | 2026-Q2 |
| MORGAN STANLEY trimmed | 88,288 | $8M | 0.3% | 2026-Q2 |
| Concurrent Investment Advisors, LLC new | 87,039 | $8M | 0.3% | 2026-Q2 |
| Orion Porfolio Solutions, LLC trimmed | 86,866 | $8M | 0.3% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 83,006 | $8M | 0.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 75,922 | $7M | 0.2% | 2026-Q2 |
| Kendall Capital Management trimmed | 73,607 | $7M | 0.2% | 2026-Q2 |
| James J. Burns & Company, LLC trimmed | 73,212 | $7M | 0.2% | 2026-Q2 |
| OneDigital Investment Advisors LLC trimmed | 66,570 | $6M | 0.2% | 2026-Q2 |
| Trek Financial, LLC added | 63,419 | $6M | 0.2% | 2026-Q2 |
| MAI Capital Management added | 60,238 | $6M | 0.2% | 2026-Q2 |
| WorthPointe, LLC added | 54,641 | $5M | 0.2% | 2026-Q2 |
| FULLER & THALER ASSET MANAGEMENT, INC. trimmed | 54,356 | $5M | 0.2% | 2026-Q2 |
| CITY NATIONAL BANK OF FLORIDA /MSD trimmed | 54,265 | $5M | 0.2% | 2026-Q2 |
| AlTi Global, Inc. trimmed | 50,548 | $5M | 0.2% | 2026-Q2 |
| GUIDANCE CAPITAL, INC added | 45,832 | $4M | 0.1% | 2026-Q2 |
| Retirement Planning Group, LLC trimmed | 45,393 | $4M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 43,095 | $4M | 0.1% | 2026-Q2 |
| WHITTIER TRUST CO added | 40,115 | $4M | 0.1% | 2026-Q2 |
| STEPHENS INC /AR/ added | 36,633 | $3M | 0.1% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC added | 35,200 | $3M | 0.1% | 2026-Q2 |
| Fifth Third Wealth Advisors LLC added | 34,659 | $3M | 0.1% | 2026-Q2 |
| Smartleaf Asset Management LLC | 34,205 | $3M | 0.1% | 2026-Q2 |
| QP WEALTH MANAGEMENT, LLC trimmed | 34,051 | $3M | 0.1% | 2026-Q2 |
| Evernest Financial Advisors, LLC | 32,492 | $3M | 0.1% | 2026-Q2 |
| RAFFA WEALTH MANAGEMENT, LLC trimmed | 30,938 | $3M | 0.1% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 29,891 | $3M | 0.1% | 2026-Q2 |
| Mechanics Financial Corp added | 28,512 | $3M | 0.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 28,430 | $3M | 0.1% | 2026-Q2 |
| CITIGROUP INC trimmed | 27,780 | $3M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 27,678 | $3M | 0.1% | 2026-Q2 |
| NORTHERN TRUST CORP | 26,142 | $2M | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 25,380 | $2M | 0.1% | 2026-Q2 |
| Advisory Solutions Group, LLC new | 24,900 | $2M | 0.1% | 2026-Q2 |
| TOUNJIAN ADVISORY PARTNERS, LLC new | 24,573 | $2M | 0.1% | 2026-Q2 |
| Spartan Wealth Advisory Services LLC added | 24,456 | $2M | 0.1% | 2026-Q2 |
| KLINGENSTEIN FIELDS & CO LP | 22,700 | $2M | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 22,390 | $2M | 0.1% | 2026-Q2 |
| MainStreet Investment Advisors LLC added | 21,978 | $2M | 0.1% | 2026-Q2 |
| Corient Private Wealth LP added | 21,689 | $2M | 0.1% | 2026-Q2 |
| Pinnacle Wealth Management Advisory Group, LLC | 20,988 | $2M | 0.1% | 2026-Q2 |
| PINNACLE ASSOCIATES LTD | 20,988 | $2M | 0.1% | 2026-Q2 |
| Prepared Retirement Institute LLC new | 20,344 | $2M | 0.1% | 2026-Q2 |
| QUADRANT CAPITAL GROUP LLC trimmed | 20,267 | $2M | 0.1% | 2026-Q2 |
| Cornerstone Financial Group, LLC /NE/ added | 19,186 | $2M | 0.1% | 2026-Q2 |
| HF Advisory Group, LLC trimmed | 19,037 | $2M | 0.1% | 2026-Q2 |
| Talisman Wealth Advisors LLC new | 10,168 | $2M | 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.