Ishares Tr (SMMD) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Ishares Tr (SMMD) following the 2026 Q2 hedge fund 13F filings?

As of today, SMMD has moved -6.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -1.8% for the SPY sector ETF — an outperformance of -4.7%. Since the quarter end (June 30, 2026), SMMD gained -5.1% vs +2.1% 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)

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

Smart Money Signals — SMMD

Based on 259 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q

For 3 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

259 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 — +34% more funds vs a year ago

fund count last 6Q

+65 new funds entered over the past year (+34% 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.

🟢

More buyers than sellers — 67% buying

158 buying78 selling

Last quarter: 158 funds were net buyers (42 opened a brand new position + 116 added to an existing one). Only 78 were sellers (63 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~42 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 12 → 38 → 39 → 42. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

43% of holders stayed for 2+ years

■ 43% conviction (2yr+) ■ 27% medium ■ 30% new

112 out of 259 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.

💰

Value +43% but shares only +19% — price-driven

Value

+42%

+19%

Last quarter: the total dollar value of institutional holdings rose +43%, but actual share count only changed +19%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

🚀

Acceleration phase — new buyers rushing in

28 → 12 → 38 → 39 → 42 new funds/Q

New funds entering each quarter: 12 → 38 → 39 → 42. 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 259 holders: 119 (46%) are 2+ year veterans, 51 entered 1–2 years ago, and 89 (34%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 28% AUM from major funds

28% from top-100 AUM funds

26 of 259 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

4.2

out of 10

Moderate Exit Risk

Exit risk score 4.2/10 — 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 Q2)	Prior (2026 Q1)	Change
Funds Holding	259	232	11.64%
13F Shares	33M	27M	19.41%
Total Value	$2.95B	$2.07B	42.58%
New Positions	42	39	+3
Increased Positions	116	94	+22
Closed Positions	15	26	-11
Reduced Positions	63	65	-2
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

259

232

11.64%

13F Shares

33M

27M

19.41%

Total Value

$2.95B

$2.07B

42.58%

New Positions

Increased Positions

116

+22

Closed Positions

-11

Reduced Positions

-2

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

259 + 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 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Sfam, LLC	12.66%	169,317	$15.5M
2	Diesslin Group, Inc.	12.41%	351,000	$32.2M
3	Qp Wealth Management, LLC	4.45%	34,051	$3.1M
4	Pacific Excel Wealth Advisors, Inc.	3.19%	89,987	$8.2M
5	Heritage Family Offices, LLP	3.18%	89,987	$8.2M
6	Rogco, LP	3.15%	112,165	$10.3M
7	IMA Advisory Services, Inc.	2.82%	491,513	$45.0M
8	Andina Capital Management, LLC	2.69%	18,221	$1.7M
9	Rossby Financial, LCC	2.29%	136,447	$12.5M
10	City National Bank of Florida /Msd	2.08%	54,265	$5.0M
11	Benchmark Financial Wealth Advisors, LLC	2.08%	92,212	$8.4M
12	Fidelis Wealth Advisors LLC	1.94%	14,122	$1.3M
13	Glenmede Trust Co NA	1.94%	4,790,919	$439.0M
14	Brio Consultants, LLC	1.89%	176,437	$16.2M
15	CMH Wealth Management LLC	1.78%	127,138	$11.6M
16	CENTRAL TRUST Co	1.73%	1,046,455	$95.9M
17	Talisman Wealth Advisors LLC	1.66%	10,168	$2.2M
18	Catalyst Financial Partners LLC	1.57%	172,778	$15.8M
19	Dimension Capital Management LLC	1.51%	140,441	$12.9M
20	Gerber Kawasaki Wealth & Investment Management	1.27%	519,296	$47.6M
21	WorthPointe, LLC	1.26%	54,641	$5.0M
22	Kendall Capital Management	1.12%	73,607	$6.7M
23	Cornerstone Financial Group, LLC /NE/	1.08%	19,186	$1.8M
24	Tounjian Advisory Partners, LLC	0.96%	24,573	$2.3M
25	Mechanics Financial Corp	0.93%	28,512	$2.6M

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 — 3 quarters in a row: For 3 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?

More buyers than sellers — 67% buying: Last quarter: 158 funds were net buyers (42 opened a brand new position + 116 added to an existing one). Only 78 were sellers (63 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SMMD holders?

Strong quality — 28% AUM from major funds: 26 of 259 holders rank in the top 100 by AUM, accounting for 28% 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?

43% of holders stayed for 2+ years: 112 out of 259 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 Q2 hedge fund 13F filings?

As of today, SMMD has moved -6.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -1.8% for the SPY sector ETF — an outperformance of -4.7%. Since the quarter end (June 30, 2026), SMMD has gained -5.1% vs +2.1% 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 — 3 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +34% more funds vs a year ago

More buyers than sellers — 67% buying

Steady new buyers — ~42 new funds per quarter

43% of holders stayed for 2+ years

Value +43% but shares only +19% — price-driven

Acceleration phase — new buyers rushing in

Veteran-anchored — 46% veterans vs 34% newcomers

Strong quality — 28% 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 Q2)

Frequently Asked Questions — Ishares Tr (SMMD)

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