$SMID

$21.20 -$0.09 (0.4%) Close

$SMID Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 5.3M shares outstanding

Who owns SMID?

By type of holder

Institutions 57.0% Insiders 14.0% Everyone else 29.0%

Concentration Top 10 holders own 64.0%

Thompson Davis & Co., Inc. 34.4% · Smith Rodney I 10.1%

Institutional ownership

57.0%

-0.6 pts vs last qtr

Institutional holders

-3 vs last qtr

Net shares bought

−32.4K

by institutions in Q2 2026

New / sold out

5 / 8

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

BlackRock, Inc. +35.3K
Topline Capital Management, LLC NEW +20.0K

Biggest sellers in Q2 2026

Vanguard Capital Management LLC −43.0K
Corient Private Wealth LP SOLD OUT −34.8K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Smith-Midland Corp in the last 12 months.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+4.7%

+0.51% a year

Each share's claim on the business

−4.5%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

— vs $2.6M

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years32% 3–5 years64% 1–3 years2% Under 1 year1%

Quarterly turnover

3.6%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting SMID on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
TD Thompson Davis & Co., Inc. 13D · 35.4%	1.8M	34.39%	−17.7K (−1.0%)	2021	31.6%
Shares held by quarter Peak holding1.8M (Q1'26) Change over 8 quarters+73.2K Share of the company34.390% Disclosed stake13D · 35.4% Thompson Davis & Co., Inc.'s full portfolio →
NI Needham Investment Management LLC	225.0K	4.24%	Unchanged	≤2021	0.2%
Shares held by quarter Peak holding225.0K (Q4'25) Change over 8 quarters+15.0K Share of the company4.240% Needham Investment Management LLC's full portfolio →

Thompson Davis & Co., Inc.

13D · 35.4%

1.8M

% of company

34.39%

Change vs last qtr

−17.7K (−1.0%)

Held since

2021

Needham Investment Management LLC

225.0K

% of company

4.24%

Change vs last qtr

Unchanged

Held since

≤2021

28 more super investors behind a free account

See every manager holding Smith-Midland Corp, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting SMID on Form N-PORT; together they hold 12.7% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
NA Needham Aggressive Growth Fund Needham Funds Inc	$6.53M	225.0K	4.24%	0.25%	June 30, 2026
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$2.44M	84.2K	1.59%	0.00%	June 30, 2026

Needham Aggressive Growth Fund

Needham Funds Inc

Position value

$6.53M

% of company

4.24%

% of the fund

0.25%

As of

June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$2.44M

% of company

1.59%

% of the fund

0.00%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Smith-Midland Corp and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
SR Smith Rodney I Insider	534.5K	10.08%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company10.080% Smith Rodney I's insider activity →
SA Smith Ashley B Insider	180.5K	3.40%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company3.400% Smith Ashley B's insider activity →

Smith Rodney I

Insider

534.5K

% of company

10.08%

Change vs last qtr

—

Held since

—

Smith Ashley B

Insider

180.5K

% of company

3.40%

Change vs last qtr

—

Held since

—

5 more holders behind a free account

See every insider and 5%+ holder of Smith-Midland Corp.

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