Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ishares Tr (SMMD)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +13
Streak
2Q ▲
Buyers last Q
59%

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.
🏛️

Veteran-anchored — 46% veterans vs 34% newcomers

■ 46% veterans ■ 20% 1-2yr ■ 34% new
Entry-cohort mix of 231 holders: 106 (46%) are 2+ year veterans, 47 entered 1–2 years ago, and 78 (34%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

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.

Institutional Sentiment Summary — SMMD

In 2026 Q1, 133 hedge funds were net buyers of SMMD (39 opened a new position, 94 added to an existing one), while 91 reduced or exited (65 trimmed, 26 sold completely) — a 59% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 23% of total institutional value in SMMD is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +13 funds (more new holders than closures). Total institutional holders: 231.

Hedge Fund Ownership: SMMD

How many hedge funds hold SMMD — quarterly history vs. share price
Quarterly hedge fund ownership of SMMD vs. share price

Market Analysis: SMMD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SMMD

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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

Signal Freshness measures how much SMMD has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
SMMD
+18.1%
SPY
+15.9%

SMMD outperformed SPY by +2.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
SMMD
+6.6%
SPY
+2.0%

Since the filing became public, SMMD outperformed SPY by +4.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 7 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: SMMD
230 + Investors

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

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

Statistics: SMMD

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Financial Highlights

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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:
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.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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