New Positions
3 managers initiated
Top five by reported value
Smith-Midland Corporation NCM:SMID
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
3 new21 added33 reduced4 exited
Total Institutional Holders
56
as of 2025-12-31
Top Holder
THOMPSON DAVIS & CO., INC.
$66.7M
Largest QoQ Increase
RBF Capital, LLC
+74,200 sh
Largest QoQ Decrease
MILLENNIUM MANAGEMENT LLC
-11,905 sh
New Positions(3)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| STIFEL FINANCIAL CORP | 16,608 | +16,608 | $603.5K | +$603.5K | — |
| SUMMIT WEALTH GROUP LLC / CO | 2,493 | +2,493 | $249.2K | +$249.2K | — |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 200 | +200 | $7.3K | +$7.3K | — |
Added To(21)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| RBF Capital, LLC | 148,400 | +74,200 | $5.4M | +$2.7M | 100.0% |
| THOMPSON DAVIS & CO., INC. | 1,834,327 | +1,484 | $66.7M | -$972.5K | 0.1% |
| RICE HALL JAMES & ASSOCIATES, LLC | 50,590 | +4,099 | $1.8M | +$122.9K | 8.8% |
| VANGUARD GROUP INC | 224,841 | +496 | $8.2M | -$107.6K | 0.2% |
| Bank of New York Mellon Corp | 11,367 | +2,947 | $413.1K | +$102.4K | 35.0% |
| DIMENSIONAL FUND ADVISORS LP | 40,345 | +3,244 | $1.5M | +$97.8K | 8.7% |
| MORGAN STANLEY | 14,280 | +2,367 | $518.9K | +$79.3K | 19.9% |
| UBS Group AG | 6,965 | +1,757 | $253.1K | +$60.9K | 33.7% |
| NEEDHAM INVESTMENT MANAGEMENT LLC | 225,000 | +2,000 | $8.2M | -$52.2K | 0.9% |
| WELLS FARGO & COMPANY/MN | 3,039 | +1,307 | $110.4K | +$46.5K | 75.5% |
| BARCLAYS PLC | 5,381 | +1,492 | $180.6K | +$37.1K | 38.4% |
| STATE STREET CORP | 46,433 | +196 | $1.7M | -$18.8K | 0.4% |
| JANE STREET GROUP, LLC | 6,530 | +583 | $237.3K | +$17.9K | 9.8% |
| GEODE CAPITAL MANAGEMENT, LLC | 84,965 | +1,008 | $3.1M | -$10.4K | 1.2% |
| Russell Investments Group, Ltd. | 544 | +266 | $19.8K | +$9.5K | 95.7% |
| GOLDMAN SACHS GROUP INC | 7,695 | +261 | $279.6K | +$5.3K | 3.5% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1,311 | +98 | $47.6K | +$2.9K | 8.1% |
| BNP PARIBAS ARBITRAGE, SNC | 1,473 | +89 | $53.5K | +$2.5K | 6.4% |
| GAMMA Investing LLC | 320 | +29 | $11.6K | +$891 | 10.0% |
| FMR LLC | 88 | +25 | $3.2K | +$873 | 39.7% |
| Sterling Capital Management LLC | 18 | +11 | $654 | +$396 | 157.1% |
Reduced(33)
Sold Out(4)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| MILLENNIUM MANAGEMENT LLC | 0 | -11,905 | $0 | -$439.3K | — |
| DAVENPORT & Co LLC | 0 | -6,300 | $0 | -$232.5K | — |
| Berman McAleer LLC | 0 | -5,803 | $0 | -$214.1K | — |
| SRS Capital Advisors, Inc. | 0 | -8 | $0 | -$295 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| THOMPSON DAVIS & CO., INC. | 1,834,327 | $66.7M | +1,484 | 0.1% |
| NEEDHAM INVESTMENT MANAGEMENT LLC | 225,000 | $8.2M | +2,000 | 0.9% |
| VANGUARD GROUP INC | 224,841 | $8.2M | +496 | 0.2% |
| BlackRock, Inc. | 166,031 | $6.0M | -4,882 | -2.9% |
| RBF Capital, LLC | 148,400 | $5.4M | +74,200 | 100.0% |
| GEODE CAPITAL MANAGEMENT, LLC | 84,965 | $3.1M | +1,008 | 1.2% |
| BARD ASSOCIATES INC | 80,531 | $2.9M | -840 | -1.0% |
| RICE HALL JAMES & ASSOCIATES, LLC | 50,590 | $1.8M | +4,099 | 8.8% |
| STATE STREET CORP | 46,433 | $1.7M | +196 | 0.4% |
| DIMENSIONAL FUND ADVISORS LP | 40,345 | $1.5M | +3,244 | 8.7% |
| CI Private Wealth, LLC | 34,750 | $1.3M | 0 | 0.0% |
| NORTHERN TRUST CORP | 28,382 | $1.0M | -1,343 | -4.5% |
| STIFEL FINANCIAL CORP | 16,608 | $603.5K | +16,608 | — |
| MORGAN STANLEY | 14,280 | $518.9K | +2,367 | 19.9% |
| INTRUST BANK NA | 12,098 | $439.6K | 0 | 0.0% |
| Bank of New York Mellon Corp | 11,367 | $413.1K | +2,947 | 35.0% |
| LOS ANGELES CAPITAL MANAGEMENT LLC | 9,703 | $368.6K | -1,312 | -11.9% |
| Waverly Advisors, LLC | 10,003 | $363.5K | 0 | 0.0% |
| LAZARD ASSET MANAGEMENT LLC | 8,730 | $317.2K | -3,901 | -30.9% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 8,575 | $311.6K | 0 | 0.0% |
New & Closed Positions this quarter
Closed Positions
4 managers exited
Top five by prior-quarter value
- MILLENNIUM MANAGEMENT LLC$439.3K
- DAVENPORT & Co LLC$232.5K
- Berman McAleer LLC$214.1K
- SRS Capital Advisors, Inc.$295
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for SMID against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.