VANECK ETF TRUST (SMB): Hedge Fund Ownership & Smart Money Signals (Q4 2025)

VANECK ETF TRUST (SMB)

93 + Investors. Track Smart Money conviction in SMB. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — SMB

Based on 93 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added SMB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

93 hedge funds hold SMB right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q

+9 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟢

More buyers than sellers — 64% buying

54 buying30 selling

Last quarter: 54 funds were net buyers (16 opened a brand new position + 38 added to an existing one). Only 30 were sellers (23 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+9 vs last Q)

new funds entering per quarter

Funds opening a new SMB position: 7 → 9 → 7 → 16. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 18% medium ■ 16% new

61 out of 93 hedge funds have held SMB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

📈

Growing discovery — still being found

13 → 7 → 9 → 7 → 16 new funds/Q

New funds entering each quarter: 7 → 9 → 7 → 16. A growing number of institutions are discovering SMB each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Deep conviction — 72% of holders stayed 2+ years

■ 72% veterans ■ 9% 1-2yr ■ 19% new

Of 93 current holders: 67 (72%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds

13 of 93 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in SMB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.5

out of 10

Low Exit Risk

Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2025 Q4)	Prior (2025 Q3)	Change
Funds Holding	93	84	10.71%
13F Shares	13M	13M	3.69%
Total Value	$228M	$220M	3.72%
New Positions	16	7	+9
Increased Positions	38	33	+5
Closed Positions	7	9	-2
Reduced Positions	23	29	-6
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

10.71%

13F Shares

13M

3.69%

Total Value

$228M

$220M

3.72%

New Positions

Increased Positions

Closed Positions

-2

Reduced Positions

-6

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

93 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SMB. Verified SEC 13F-HR filings.

FILTER:All New Added To Reduced No Change | Overweight >5% | SHOW: Active managers + show index funds

Top 25 institutional holders of SMB — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	IMPACTfolio, LLC	1.27%	172,924	$3.0M
2	Stronghold Wealth Management L.L.C.	0.79%	30,239	$523K
3	ORBA Wealth Advisors, L.L.C.	0.59%	28,752	$497K
4	Willis Johnson & Associates, Inc.	0.21%	206,652	$3.6M
5	JUNCTURE WEALTH STRATEGIES, LLC	0.12%	20,463	$354K
6	PRIVATE CLIENT SERVICES, LLC	0.07%	14,132	$244K
7	Detalus Advisors, LLC	0.06%	14,234	$246K
8	PRIVATE TRUST CO NA	0.05%	32,060	$555K
9	Gradient Investments LLC	0.04%	135,058	$2.3M
10	WealthShield Partners, LLC	0.03%	15,813	$273K
11	KAVAR CAPITAL PARTNERS GROUP, LLC	0.03%	12,500	$216K
12	J.W. COLE ADVISORS, INC.	0.02%	36,346	$629K
13	VICUS CAPITAL	0.02%	11,885	$206K
14	Capital Asset Advisory Services LLC	0.01%	19,400	$336K
15	Clean Yield Group	0.01%	2,216	$38K
16	Berger Financial Group, Inc	0.01%	11,048	$191K
17	PFG Investments, LLC	0.01%	12,455	$215K
18	Composition Wealth, LLC	0.01%	38,551	$667K
19	Trilogy Capital Inc.	0.01%	11,600	$201K
20	Private Advisor Group, LLC	0.01%	84,500	$1.5M
21	Janney Montgomery Scott LLC	0.01%	145,836	$3K
22	Merit Financial Group, LLC	0.00%	36,828	$637K
23	Versant Capital Management, Inc	0.00%	2,411	$42K
24	Anchor Investment Management, LLC	0.00%	2,000	$35K
25	Envestnet Portfolio Solutions, Inc.	0.00%	26,479	$458K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — VANECK ETF TRUST (SMB)

What does the Smart Money Trend signal show for SMB?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added SMB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for SMB?

More buyers than sellers — 64% buying: Last quarter: 54 funds were net buyers (16 opened a brand new position + 38 added to an existing one). Only 30 were sellers (23 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SMB holders?

Elite ownership — 41% AUM from top-100 funds: 13 of 93 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in SMB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held SMB?

66% of holders stayed for 2+ years: 61 out of 93 hedge funds have held SMB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Market Cap	--
Enterprise Value	--
Trailing P/E	--
Forward P/E	--
PEG Ratio (5yr expected)	--
Price/Sales (ttm)	--
Price/Book (mrq)	--
Enterprise Value/Revenue	--
Enterprise Value/EBITDA	--
Beta (5Y Monthly)	--
Short Ratio (Days to Cover)	--
Short % of Float	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

VANECK ETF TRUST (SMB)

Smart Money Signals — SMB

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Steady growth — +11% more funds vs a year ago

More buyers than sellers — 64% buying

More new buyers each quarter (+9 vs last Q)

66% of holders stayed for 2+ years

Growing discovery — still being found

Deep conviction — 72% of holders stayed 2+ years

Elite ownership — 41% AUM from top-100 funds

Hedge Fund Ownership: SMB

Market Analysis: SMB

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: SMB

Hedge Fund Positioning: SMB

Statistics: SMB

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — VANECK ETF TRUST (SMB)

Welcome to 13Foresight!