Vault-13

SMITH MIDLAND CORP SMID

COM · Common Stock · CUSIP 832156103

56 institutional holders -1 vs Q1 2026
3,024,3873.0m shares reported held*
57.0% of all shares outstanding*
$87.7mreported value*
7 new 16 added 17 reduced 7 sold out net sold ≈ $908.9k (-31.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 5.3m as of 2026-05-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $29.00.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 28Q4 22: 30Q1 23: 29Q2 23: 26Q3 23: 29Q4 23: 38Q1 24: 45Q2 24: 50Q3 24: 57Q4 24: 59Q1 25: 57Q2 25: 57Q3 25: 59Q4 25: 57Q1 26: 57Q2 26: 5656Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202228
Q4 202230
Q1 202329
Q2 202326
Q3 202329
Q4 202338
Q1 202445
Q2 202450
Q3 202457
Q4 202459
Q1 202557
Q2 202557
Q3 202559
Q4 202557
Q1 202657
Q2 202656

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 28 bought or addedQ3 24: 18 cut or sold outQ4 24: 28 bought or addedQ4 24: 23 cut or sold outQ4 24Q1 25: 17 bought or addedQ1 25: 20 cut or sold outQ2 25: 16 bought or addedQ2 25: 31 cut or sold outQ2 25Q3 25: 21 bought or addedQ3 25: 28 cut or sold outQ4 25: 25 bought or addedQ4 25: 22 cut or sold outQ4 25Q1 26: 18 bought or addedQ1 26: 28 cut or sold outQ2 26: 23 bought or addedQ2 26: 24 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242818
Q4 20242823
Q1 20251720
Q2 20251631
Q3 20252128
Q4 20252522
Q1 20261828
Q2 20262324

Biggest buyers

BlackRock, Inc. Added +35,330+35.3k
Topline Capital Management, LLC New +20,012+20.0k
MORGAN STANLEY Added +9,940+9.9k
GEODE CAPITAL MANAGEMENT, LLC Added +6,842+6.8k
DIMENSIONAL FUND ADVISORS LP Added +5,826+5.8k
VANGUARD PORTFOLIO MANAGEMENT LLC Added +2,950+3.0k
RICE HALL JAMES & ASSOCIATES, LLC Added +2,633+2.6k
VANGUARD FIDUCIARY TRUST CO Added +2,068+2.1k
GOLDMAN SACHS GROUP INC Added +1,758+1.8k
WELLS FARGO & COMPANY/MN Added +1,568+1.6k

Biggest sellers

VANGUARD CAPITAL MANAGEMENT LLC Reduced -42,981-43.0k
Corient Private Wealth LP Sold out -34,750-34.8k
THOMPSON DAVIS & CO., INC. Reduced -17,656-17.7k
LAZARD ASSET MANAGEMENT LLC Sold out -9,004-9.0k
JANE STREET GROUP, LLC Sold out -6,518-6.5k
CITADEL ADVISORS LLC Sold out -6,369-6.4k
NORTHERN TRUST CORP Reduced -2,230-2.2k
RHUMBLINE ADVISERS Reduced -1,857-1.9k
OSAIC HOLDINGS, INC. Reduced -836-836
UBS Group AG Reduced -526-526

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
THOMPSON DAVIS & CO., INC. 13D · may seek influence +1.5 pts · filed 2026-10-07 35.4% +1.5 pts 1.9m≈ $55.0m 2026-10-07
SMITH RODNEY I 13G · passive investor new · filed 2025-11-14 10.1% new 534.5k≈ $15.5m 2025-11-14

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 1 sellingQ3 25Q4 25: 0 buyingQ4 25: 1 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 2 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—1$234.4k—
Q4 20250—1$22.2k—
Q1 20260—0——
Q2 20260—0——
Q3 20262$108.0k0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-09-02 Smith Matthew I Director Bought 2,000 $27.15 $54.3k2.0k shares +20%
2026-09-01 SMITH ASHLEY B Chief Executive Officer, director Bought 2,000 $26.87 $53.7k2.0k shares +1%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 THOMPSON DAVIS & CO., INC. 31.63% of their portfolio RICHMOND, VA 1,824,1191.8m $52.9m $52.9m 31.63% Reduced -17.7k -17,656
2 NEEDHAM INVESTMENT MANAGEMENT LLC 0.20% of their portfolio NEW YORK, NY 225,000225.0k $6.5m $6.5m 0.20% Unchanged
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 196,437196.4k $5.7m $5.7m 0.00% Added +35.3k +35,330
4 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 137,332137.3k $4.0m $4.0m 0.00% Reduced -43.0k -42,981
5 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 89,74289.7k $2.6m $2.6m 0.00% Added +6.8k +6,842
6 BARD ASSOCIATES INC 0.51% of their portfolio CHICAGO, IL 79,87579.9k $2.3m $2.3m 0.51% Reduced -458 -458
7 RBF Capital, LLC 0.09% of their portfolio RENO, NV 74,20074.2k $2.2m $2.2m 0.09% Unchanged
8 RICE HALL JAMES & ASSOCIATES, LLC 0.08% of their portfolio San Diego, CA 53,97954.0k $1.6m $1.6m 0.08% Added +2.6k +2,633
9 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 50,55550.6k $1.5m $1.5m 0.00% Added +5.8k +5,826
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 45,71345.7k $1.3m $1.3m 0.00% Reduced -520 -520
11 HERITAGE INVESTORS MANAGEMENT CORP 0.03% of their portfolio BETHESDA, MD 38,26838.3k $1.1m $1.1m 0.03% Unchanged
12 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 30,04430.0k $871.3k $871.3k 0.00% Added +2.1k +2,068
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 25,84425.8k $749.5k $749.5k 0.00% Reduced -2.2k -2,230
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 22,88322.9k $663.6k $663.6k 0.00% Added +9.9k +9,940
15 Topline Capital Management, LLC 0.15% of their portfolio SANTA MONICA, CA 20,01220.0k $580.3k $580.3k 0.15% New
16 VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 19,37319.4k $561.8k $561.8k 0.00% Added +3.0k +2,950
17 INTRUST BANK NA 0.03% of their portfolio WICHITA, KS 12,09812.1k $350.8k $350.8k 0.03% Unchanged
18 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 11,22211.2k $325.4k $325.4k 0.00% Added +475 +475
19 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 10,00410.0k $290.1k $290.1k 0.00% Unchanged
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 8,9028.9k $258.2k $258.2k 0.00% Added +1.8k +1,758
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 8,7268.7k $253.1k $253.1k 0.00% Added +1.3k +1,281
22 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 7,0857.1k $205.5k $205.5k 0.00% Unchanged
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,5826.6k $190.9k $190.9k 0.00% Reduced -526 -526
24 CALDWELL SUTTER CAPITAL, INC. 0.04% of their portfolio SAUSALITO, CA 3,2723.3k $94.9k $94.9k 0.04% Unchanged
25 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,6152.6k $75.8k $75.8k 0.00% Added +1.6k +1,568
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,1622.2k $63.8k $63.8k 0.00% Added +54 +54
27 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 2,1612.2k $62.7k $62.7k 0.00% Unchanged
28 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,0112.0k $58.3k $58.3k 0.00% Added +58 +58
29 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 1,9952.0k $57.9k $57.9k 0.00% Unchanged
30 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 1,9431.9k $56.3k $56.3k 0.00% Reduced -1.9k -1,857
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,7581.8k $52.0k $52.0k 0.00% Added +538 +538
32 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,3771.4k $39.9k $39.9k 0.00% Reduced -104 -104
33 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,3151.3k $38.1k $38.1k 0.00% Added +1.2k +1,204
34 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 1,2911.3k $37.4k $37.4k 0.00% Reduced -54 -54
35 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 1,0401.0k $30.2k $30.2k 0.00% Unchanged
36 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 933933 $27.1k $27.1k 0.00% Added +423 +423
37 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 557557 $16.2k $16.2k 0.00% Reduced -125 -125
38 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 406406 $11.8k $11.8k 0.00% Reduced -67 -67
39 ADIRONDACK TRUST CO 0.00% of their portfolio SARATOGA SPRINGS, NY 330330 $9.6k $9.6k 0.00% Unchanged
40 Legal & General Group Plc 0.00% of their portfolio London, X0 250250 $7.2k $7.2k 0.00% Unchanged
41 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 230230 $6.7k $6.7k 0.00% Reduced -52 -52
42 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 228228 $6.6k $6.6k 0.00% Unchanged
43 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 200200 $6.1k $6.1k 0.00% Unchanged
44 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 108108 $3.1k $3.1k 0.00% Reduced -836 -836
45 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 6666 $1.9k $1.9k 0.00% New
46 FMR LLC 0.00% of their portfolio BOSTON, MA 5050 $1.5k $1.5k 0.00% Reduced -135 -135
47 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 3939 $1.1k $1.1k 0.00% Reduced -109 -109
48 Optiver Holding B.V. 0.00% of their portfolio AMSTERDAM, P7 3030 $870 $870 0.00% Unchanged
49 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 1010 $290 $290 0.00% Reduced -8 -8
50 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 1010 $290 $290 0.00% New
51 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 11 $29 $29 0.00% New
52 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 11 $29 $29 0.00% Unchanged
53 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 11 $29 $29 0.00% New
54 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 11 $29 $29 0.00% New
55 Essential Partners LLC 0.00% of their portfolio RANCHO SANTA FE, CA 11 $29 $29 0.00% Reduced -1 -1
56 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 00 $0 $0 0.00% New