Smith-Midland Corporation (SMID) Institutional OwnershipQ2 2026 13F Data|Updated 2026-11-07
Institutional ownership decreased this quarter (-0.61 pp), while top 10 holders maintain a highly concentrated 93.0% of value.
Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in SMID held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | THOMPSON DAVIS & CO., INC. | 1.8M | $52.9M | -1.0% | 34.375% | 31.63% |
| 2 | NEEDHAM INVESTMENT MANAGEMENT LLC | 225K | $6.5M | 0.0% | 4.240% | 0.20% |
| 3 | BlackRock, Inc. | 196K | $5.7M | +21.9% | 3.702% | 0.00% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 137K | $4.0M | -23.8% | 2.588% | 0.00% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 90K | $2.6M | +8.3% | 1.691% | 0.00% |
| 6 | BARD ASSOCIATES INC | 80K | $2.3M | -0.6% | 1.505% | 0.51% |
| 7 | RBF Capital, LLC | 74K | $2.2M | 0.0% | 1.398% | 0.09% |
| 8 | RICE HALL JAMES & ASSOCIATES, LLC | 54K | $1.6M | +5.1% | 1.017% | 0.08% |
| 9 | DIMENSIONAL FUND ADVISORS LP | 51K | $1.5M | +13.0% | 0.953% | 0.00% |
| 10 | STATE STREET CORP | 46K | $1.3M | -1.1% | 0.861% | 0.00% |
| 11 | VANGUARD FIDUCIARY TRUST CO | 30K | $871K | +7.4% | 0.566% | 0.00% |
| 12 | NORTHERN TRUST CORP | 26K | $749K | -7.9% | 0.487% | 0.00% |
| 13 | MORGAN STANLEY | 23K | $664K | +76.8% | 0.431% | 0.00% |
| 14 | Topline Capital Management, LLC | 20K | $580K | — | 0.377% | 0.15% |
| 15 | VANGUARD PORTFOLIO MANAGEMENT LLC | 19K | $562K | +18.0% | 0.365% | 0.00% |
| 16 | INTRUST BANK NA | 12K | $351K | 0.0% | 0.228% | 0.03% |
| 17 | Bank of New York Mellon Corp | 11K | $325K | +4.4% | 0.212% | 0.00% |
| 18 | Waverly Advisors, LLC | 10K | $290K | 0.0% | 0.189% | 0.00% |
| 19 | GOLDMAN SACHS GROUP INC | 9K | $258K | +24.6% | 0.168% | 0.00% |
| 20 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 9K | $253K | +17.2% | 0.164% | 0.00% |
| 21 | LOS ANGELES CAPITAL MANAGEMENT LLC | 7K | $205K | 0.0% | 0.134% | 0.00% |
| 22 | UBS Group AG | 7K | $191K | -7.4% | 0.124% | 0.00% |
| 23 | CALDWELL SUTTER CAPITAL, INC. | 3K | $95K | 0.0% | 0.062% | 0.04% |
| 24 | WELLS FARGO & COMPANY/MN | 3K | $76K | +149.8% | 0.049% | 0.00% |
| 25 | JPMORGAN CHASE & CO | 2K | $64K | +2.6% | 0.041% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in SMID — a direct measure of their conviction.
Filings activity in SMID during Q2 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 55 | 3.5% | 56.99% | 0.61 pp | $87M | 12% |
| Q1 2026 | 57 | +3.6% | 57.60% | 0.42 pp | $98M | 11% |
| Q4 2025 | 55 | 3.5% | 58.02% | 0.22 pp | $110M | 1.8% |
| Q3 2025 | 57 | +1.8% | 58.24% | 8.28 pp | $112M | 3.2% |
| Q2 2025 | 56 | 1.8% | 66.52% | +6.11 pp | $116M | +19% |
| Q1 2025 | 57 | 3.4% | 60.41% | 0.34 pp | $98M | 31% |
| Q4 2024 | 59 | +3.5% | 60.75% | +1.13 pp | $141M | +36% |
| Q3 2024 | 57 | — | 59.62% | — | $104M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying SMID stock.
Based on Q2 2026 13F filings, institutional ownership of Smith-Midland Corporation stands at 57.0%, held across 55 reporting institutions.
THOMPSON DAVIS & CO., INC. is the largest reported institutional holder of SMID, with approximately 1,824,119 shares worth $0.05B as of Q2 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of SMID.
Our composite Smart Money Score for SMID is 27 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
6 institutions opened new positions in SMID during Q2 2026, while 7 fully exited. 11 added to existing positions and 38 trimmed.
SMID institutional ownership fell by 0.61 percentage points quarter-over-quarter, with a net change of -2 holders.
The top 10 institutions account for 93.0% of all reported 13F value in SMID, and the top 25 account for 99.4%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.