Ishares Tr (SMMD): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Ishares Tr (SMMD) following the 2026 Q1 hedge fund 13F filings?

As of today, SMMD has moved +6.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of +4.6%. Since the quarter end (March 31, 2026), SMMD gained +18.1% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Ishares Tr (SMMD)

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

Smart Money Signals — SMMD

Based on 231 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added SMMD 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

231 hedge funds hold SMMD 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.

🚀

Fast accumulation — +24% more funds vs a year ago

fund count last 6Q

+45 new funds entered over the past year (+24% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟡

Slight buying edge — 59% buying

133 buying91 selling

Last quarter: 133 funds bought or added vs 91 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

➡️

Steady new buyers — ~39 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 27 → 12 → 38 → 39. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 30% medium ■ 26% new

101 out of 231 hedge funds have held SMMD 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.

🚀

Acceleration phase — new buyers rushing in

17 → 27 → 12 → 38 → 39 new funds/Q

New funds entering each quarter: 27 → 12 → 38 → 39. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.

🏛️

Deep conviction — 46% of holders stayed 2+ years

■ 46% veterans ■ 20% 1-2yr ■ 34% new

Of 231 current holders: 106 (46%) 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.

✅

Strong quality — 23% AUM from major funds

23% from top-100 AUM funds

22 of 231 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

4.0

out of 10

Moderate Exit Risk

Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	230	218	5.5%
13F Shares	23M	24M	-4.26%
Total Value	$1.73B	$1.88B	-7.92%
New Positions	39	38	+1
Increased Positions	93	97	-4
Closed Positions	27	8	+19
Reduced Positions	65	49	+16
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

230

218

5.5%

13F Shares

23M

24M

-4.26%

Total Value

$1.73B

$1.88B

-7.92%

New Positions

Increased Positions

-4

Closed Positions

+19

Reduced Positions

+16

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

230 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 SMMD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Sfam, LLC	12.44%	175,608	$13.4M
2	Diesslin Group, Inc.	10.01%	291,193	$22.2M
3	Kendall Capital Management	5.55%	354,936	$27.1M
4	Heritage Family Offices, LLP	5.16%	152,444	$11.6M
5	Qp Wealth Management, LLC	4.49%	34,313	$2.6M
6	Rogco, LP	2.83%	111,111	$8.5M
7	City National Bank of Florida /Msd	2.50%	54,934	$4.2M
8	Rossby Financial, LCC	1.99%	126,214	$9.7M
9	Benchmark Financial Wealth Advisors, LLC	1.86%	87,975	$6.7M
10	Brio Consultants, LLC	1.82%	173,045	$14.9M
11	Andina Capital Management, LLC	1.69%	25,020	$1.9M
12	Glenmede Trust Co NA	1.65%	4,413,593	$337.0M
13	CMH Wealth Management LLC	1.64%	125,051	$9.5M
14	Catalyst Financial Partners LLC	1.48%	164,192	$12.5M
15	CENTRAL TRUST Co	1.43%	949,678	$72.5M
16	Gerber Kawasaki Wealth & Investment Management	1.22%	502,333	$38.4M
17	WorthPointe, LLC	1.07%	51,841	$4.0M
18	Cornerstone Financial Group, LLC /NE/	1.03%	18,779	$1.6M
19	Guidance Capital, Inc	0.82%	42,609	$3.7M
20	James J. Burns & Company, LLC	0.76%	73,776	$5.6M
21	Coldstream Capital Management Inc	0.73%	775,027	$59.2M
22	Thayer Financial, L.L.C.	0.71%	9,059	$692K
23	Fort Washington Investment Advisors Inc /Oh/	0.64%	1,504,650	$114.9M
24	Berger Financial Group, Inc	0.61%	143,458	$11.0M
25	Evernest Financial Advisors, LLC	0.57%	32,492	$2.7M

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 — Ishares Tr (SMMD)

What does the Smart Money Trend signal show for SMMD?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added SMMD 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 SMMD?

Slight buying edge — 59% buying: Last quarter: 133 funds bought or added vs 91 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for SMMD holders?

Strong quality — 23% AUM from major funds: 22 of 231 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held SMMD?

44% of holders stayed for 2+ years: 101 out of 231 hedge funds have held SMMD 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.

Is it too late to buy Ishares Tr (SMMD) following the 2026 Q1 hedge fund 13F filings?

As of today, SMMD has moved +6.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of +4.6%. Since the quarter end (March 31, 2026), SMMD has gained +18.1% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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Ishares Tr (SMMD)

Smart Money Signals — SMMD

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +24% more funds vs a year ago

Slight buying edge — 59% buying

Steady new buyers — ~39 new funds per quarter

44% of holders stayed for 2+ years

Acceleration phase — new buyers rushing in

Deep conviction — 46% of holders stayed 2+ years

Strong quality — 23% AUM from major funds

Institutional Sentiment Summary — SMMD

Hedge Fund Ownership: SMMD

Market Analysis: SMMD

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: SMMD

Is It Too Late to Buy Ishares Tr (SMMD) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: SMMD

Statistics: SMMD

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Ishares Tr (SMMD)

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