Ranked by reported Q1 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 | $59.9M | +0.4% | 34.720% | 39.96% |
| 2 | NEEDHAM INVESTMENT MANAGEMENT LLC | 225K | $7.3M | 0.0% | 4.242% | 0.37% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 180K | $5.9M | — | 3.399% | 0.00% |
| 4 | BlackRock, Inc. | 161K | $5.2M | -3.0% | 3.037% | 0.00% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 83K | $2.7M | -2.4% | 1.563% | 0.00% |
| 6 | BARD ASSOCIATES INC | 80K | $2.6M | -0.3% | 1.514% | 0.66% |
| 7 | RBF Capital, LLC | 74K | $2.4M | 0.0% | 1.399% | 0.13% |
| 8 | RICE HALL JAMES & ASSOCIATES, LLC | 51K | $1.7M | +1.5% | 0.968% | 0.09% |
| 9 | STATE STREET CORP | 46K | $1.5M | -0.4% | 0.872% | 0.00% |
| 10 | DIMENSIONAL FUND ADVISORS LP | 45K | $1.5M | +10.9% | 0.843% | 0.00% |
| 11 | Corient Private Wealth LLC | 35K | $1.1M | 0.0% | 0.655% | 0.00% |
| 12 | NORTHERN TRUST CORP | 28K | $913K | -1.1% | 0.529% | 0.00% |
| 13 | VANGUARD FIDUCIARY TRUST CO | 28K | $910K | — | 0.527% | 0.00% |
| 14 | VANGUARD PORTFOLIO MANAGEMENT LLC | 16K | $534K | — | 0.310% | 0.00% |
| 15 | MORGAN STANLEY | 13K | $421K | -9.4% | 0.244% | 0.00% |
| 16 | INTRUST BANK NA | 12K | $394K | 0.0% | 0.228% | 0.03% |
| 17 | Bank of New York Mellon Corp | 11K | $350K | -5.5% | 0.203% | 0.00% |
| 18 | Warren Averett Asset Management, LLC | 10K | $325K | +0.0% | 0.189% | 0.00% |
| 19 | LAZARD ASSET MANAGEMENT LLC | 9K | $293K | +3.1% | 0.170% | 0.00% |
| 20 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 7K | $242K | -13.2% | 0.140% | 0.00% |
| 21 | GOLDMAN SACHS GROUP INC | 7K | $232K | -7.2% | 0.135% | 0.00% |
| 22 | UBS Group AG | 7K | $231K | +2.1% | 0.134% | 0.00% |
| 23 | LOS ANGELES CAPITAL MANAGEMENT LLC | 7K | $230K | -27.0% | 0.134% | 0.00% |
| 24 | JANE STREET GROUP, LLC | 7K | $212K | -0.2% | 0.123% | 0.00% |
| 25 | CITADEL ADVISORS LLC | 6K | $207K | — | 0.120% | 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 Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new SMID position in Q1 2026
Institutions that fully closed their SMID position in Q1 2026
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 |
|---|---|---|---|---|---|---|
| Q1 2026 | 55 | +0.0% | 59.00% | 7.30 pp | $98M | 11% |
| Q4 2025 | 55 | 3.5% | 66.30% | 1.23 pp | $110M | 1.8% |
| Q3 2025 | 57 | +1.8% | 67.53% | 2.23 pp | $112M | 3.2% |
| Q2 2025 | 56 | 1.8% | 69.76% | +11.07 pp | $116M | +19% |
| Q1 2025 | 57 | 3.4% | 58.69% | 25.87 pp | $98M | 31% |
| Q4 2024 | 59 | +3.5% | 84.56% | +22.17 pp | $141M | +36% |
| Q3 2024 | 57 | +14% | 62.39% | +13.18 pp | $104M | +27% |
| Q2 2024 | 50 | — | 49.21% | — | $82M | — |
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 Q1 2026 13F filings, institutional ownership of Smith-Midland Corporation stands at 59.0%, held across 55 reporting institutions.
THOMPSON DAVIS & CO., INC. is the largest reported institutional holder of SMID, with approximately 1,841,775 shares worth $0.06B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of SMID, including JANE STREET GROUP, LLC, CITADEL ADVISORS LLC.
Our composite Smart Money Score for SMID is 45 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
7 institutions opened new positions in SMID during Q1 2026, while 7 fully exited. 7 added to existing positions and 41 trimmed.
SMID institutional ownership fell by 7.30 percentage points quarter-over-quarter, with a net change of +0 holders.
The top 10 institutions account for 92.4% of all reported 13F value in SMID, and the top 25 account for 99.2%.
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.
Smith-Midland Corporation (SMID) Institutional Ownership