Who owns SMMU
Which tracked institutional funds hold SMMU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SMMU company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
60 tracked funds added or opened SMMU while 29 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
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
SMMU’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes SMMU more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in SMMU 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 194 tracked filers holding SMMU, 123 increased or opened the position and 78 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 SMMU 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 15
- AXXCESS WEALTH MANAGEMENT, LLC$9M
- Odyssey Group, LLC$8M
- HB Wealth Management, LLC$2M
- Garden State Investment Advisory Services LLC$1M
- Syntegra Private Wealth Group, LLC$1M
- Triad Wealth Partners, LLC$1M
Full exits 15
- CWM, LLC$40M
- Independent Advisor Alliance$3M
- UNIQUE WEALTH, LLC$2M
- BESSEMER GROUP INC$1M
- HighTower Advisors, LLC$1M
- SIGNET FINANCIAL MANAGEMENT, LLC$1M
Largest adds
- MORGAN STANLEY$14M
- CAPTRUST FINANCIAL ADVISORS$11M
- BANK OF AMERICA CORP /DE/$6M
- RAYMOND JAMES FINANCIAL INC$6M
- WELLS FARGO & COMPANY/MN$5M
- NewEdge Advisors, LLC$5M
Largest trims
- Gateway Wealth Partners, LLC$5M
- SAGESPRING WEALTH PARTNERS, LLC$3M
- GOLDMAN SACHS GROUP INC$2M
- HighPoint Advisor Group LLC$2M
- JPMORGAN CHASE & CO$1M
- Cetera Investment Advisers$1M
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 |
|---|---|---|---|---|
| MORGAN STANLEY added | 3,573,247 | $180M | 20.4% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 1,370,095 | $69M | 7.8% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,282,365 | $65M | 7.3% | 2026-Q2 |
| Stonebridge Financial Group, LLC trimmed | 1,050,787 | $53M | 6.0% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 612,120 | $31M | 3.5% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 606,473 | $31M | 3.5% | 2026-Q2 |
| LPL Financial LLC added | 599,248 | $30M | 3.4% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 495,505 | $25M | 2.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 427,458 | $22M | 2.4% | 2026-Q2 |
| Biltmore Wealth Management, LLC added | 424,580 | $21M | 2.4% | 2026-Q2 |
| John A. Wolfe & Associates, Inc. added | 403,445 | $20M | 2.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 402,335 | $20M | 2.3% | 2026-Q2 |
| TD Capital Management LLC trimmed | 401,878 | $20M | 2.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 380,329 | $19M | 2.2% | 2026-Q2 |
| CONDOR CAPITAL MANAGEMENT added | 268,866 | $14M | 1.5% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 233,000 | $12M | 1.3% | 2026-Q2 |
| SAGESPRING WEALTH PARTNERS, LLC trimmed | 207,752 | $10M | 1.2% | 2026-Q2 |
| Kelman-Lazarov, Inc. added | 172,326 | $9M | 1.0% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC trimmed | 172,039 | $9M | 1.0% | 2026-Q2 |
| WEBSTERROGERS FINANCIAL ADVISORS, LLC added | 161,569 | $8M | 0.9% | 2026-Q2 |
| Vise Technologies, Inc. added | 157,391 | $8M | 0.9% | 2026-Q2 |
| Capital Asset Advisory Services LLC trimmed | 157,016 | $8M | 0.9% | 2026-Q2 |
| Odyssey Group, LLC new | 149,344 | $8M | 0.9% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 142,552 | $7M | 0.8% | 2026-Q2 |
| Quotient Wealth Partners, LLC added | 139,502 | $7M | 0.8% | 2026-Q2 |
| Allworth Financial LP trimmed | 132,622 | $7M | 0.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 127,653 | $6M | 0.7% | 2026-Q2 |
| Crumly & Associates Inc. added | 124,280 | $6M | 0.7% | 2026-Q2 |
| Optimus Capital Advisors, LLC added | 109,261 | $6M | 0.6% | 2026-Q2 |
| MAI Capital Management added | 104,708 | $5M | 0.6% | 2026-Q2 |
| NewEdge Advisors, LLC added | 102,358 | $5M | 0.6% | 2026-Q2 |
| HighPoint Advisor Group LLC trimmed | 97,181 | $5M | 0.6% | 2026-Q2 |
| MBM WEALTH CONSULTANTS, LLC added | 92,079 | $5M | 0.5% | 2026-Q2 |
| Gateway Wealth Partners, LLC trimmed | 80,456 | $4M | 0.5% | 2026-Q2 |
| ABLE Financial Group, LLC added | 77,211 | $4M | 0.4% | 2026-Q2 |
| Summit Financial, LLC added | 75,833 | $4M | 0.4% | 2026-Q2 |
| CarsonAllaria Wealth Management, Ltd. trimmed | 75,773 | $4M | 0.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 73,062 | $4M | 0.4% | 2026-Q2 |
| YHB Investment Advisors, Inc. added | 67,612 | $3M | 0.4% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 66,901 | $3M | 0.4% | 2026-Q2 |
| Private Advisor Group, LLC added | 66,002 | $3M | 0.4% | 2026-Q2 |
| Milestone Investment Advisors LLC added | 66,000 | $3M | 0.4% | 2026-Q2 |
| Certified Advisory Corp added | 65,011 | $3M | 0.4% | 2026-Q2 |
| Waverly Advisors, LLC added | 61,587 | $3M | 0.4% | 2026-Q2 |
| SITTNER & NELSON, LLC trimmed | 60,118 | $3M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 57,439 | $3M | 0.3% | 2026-Q2 |
| CFS Investment Advisory Services, LLC trimmed | 56,772 | $3M | 0.3% | 2026-Q2 |
| DAVENPORT & Co LLC added | 56,425 | $3M | 0.3% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC added | 52,465 | $3M | 0.3% | 2026-Q2 |
| Stokes Capital Advisors, LLC added | 50,000 | $3M | 0.3% | 2026-Q2 |
| UBS Group AG added | 49,178 | $2M | 0.3% | 2026-Q2 |
| Westside Investment Management, Inc. trimmed | 48,740 | $2M | 0.3% | 2026-Q2 |
| Cerity Partners LLC trimmed | 48,442 | $2M | 0.3% | 2026-Q2 |
| GeoWealth Management, LLC added | 48,266 | $2M | 0.3% | 2026-Q2 |
| Inspire Advisors, LLC added | 44,481 | $2M | 0.3% | 2026-Q2 |
| DAVIS R M INC added | 43,341 | $2M | 0.2% | 2026-Q2 |
| Equitable Holdings, Inc. added | 42,892 | $2M | 0.2% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 42,801 | $2M | 0.2% | 2026-Q2 |
| INSPIRION WEALTH ADVISORS, LLC added | 42,108 | $2M | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 42,031 | $2M | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 41,856 | $2M | 0.2% | 2026-Q2 |
| FOUNDERS GROVE WEALTH PARTNERS, LLC added | 40,993 | $2M | 0.2% | 2026-Q2 |
| PAX Financial Group, LLC added | 40,249 | $2M | 0.2% | 2026-Q2 |
| RFG Advisory, LLC added | 36,522 | $2M | 0.2% | 2026-Q2 |
| Summit Financial Strategies, Inc. trimmed | 35,514 | $2M | 0.2% | 2026-Q2 |
| LifeWealth Investments, LLC | 35,056 | $2M | 0.2% | 2026-Q2 |
| IAM Advisory, LLC added | 34,770 | $2M | 0.2% | 2026-Q2 |
| Rockport Wealth LLC added | 34,470 | $2M | 0.2% | 2026-Q2 |
| Dynamic Advisor Solutions LLC trimmed | 34,165 | $2M | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 33,895 | $2M | 0.2% | 2026-Q2 |
| Smith Partners Wealth Management, LLC added | 32,712 | $2M | 0.2% | 2026-Q2 |
| Lakeridge Wealth Management LLC | 31,610 | $2M | 0.2% | 2026-Q2 |
| HB Wealth Management, LLC new | 30,217 | $2M | 0.2% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 29,336 | $1M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 29,333 | $1M | 0.2% | 2026-Q2 |
| Garden State Investment Advisory Services LLC added | 27,740 | $1M | 0.2% | 2026-Q2 |
| Syntegra Private Wealth Group, LLC new | 27,547 | $1M | 0.2% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. trimmed | 27,238 | $1M | 0.2% | 2026-Q2 |
| ELEVATION POINT WEALTH PARTNERS, LLC trimmed | 27,238 | $1M | 0.2% | 2026-Q2 |
| EHRLICH FINANCIAL GROUP trimmed | 26,920 | $1M | 0.2% | 2026-Q2 |
| StoneCrest Wealth Management, Inc. | 26,707 | $1M | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 26,671 | $1M | 0.2% | 2026-Q2 |
| NewSquare Capital LLC added | 25,786 | $1M | 0.1% | 2026-Q2 |
| Premier Path Wealth Partners, LLC added | 25,705 | $1M | 0.1% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 24,767 | $1M | 0.1% | 2026-Q2 |
| Main Line Retirement Advisors, LLC added | 23,650 | $1M | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 23,589 | $1M | 0.1% | 2026-Q2 |
| MBL Wealth, LLC trimmed | 21,662 | $1M | 0.1% | 2026-Q2 |
| Triad Wealth Partners, LLC new | 20,912 | $1M | 0.1% | 2026-Q2 |
| BCGM Wealth Management, LLC trimmed | 20,231 | $1M | 0.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 20,028 | $1M | 0.1% | 2026-Q2 |
| Stratos Wealth Partners, LTD. trimmed | 19,366 | $978K | 0.1% | 2026-Q2 |
| TITLEIST ASSET MANAGEMENT, LLC added | 19,070 | $963K | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 18,477 | $933K | 0.1% | 2026-Q2 |
| SFG Wealth Management, LLC. new | 18,397 | $929K | 0.1% | 2026-Q2 |
| Skyline Advisors, Inc. trimmed | 18,030 | $911K | 0.1% | 2026-Q2 |
| Oak Wealth Advisors LLC added | 17,811 | $899K | 0.1% | 2026-Q2 |
| Kuhn & Co Investment Counsel added | 17,574 | $887K | 0.1% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 17,271 | $872K | 0.1% | 2026-Q2 |
| Pathstone Holdings, LLC | 17,146 | $866K | 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.