Vault-13

T ROWE PRICE ETF INC TMSL

SMALL MID CAP · ETP · CUSIP 87283Q826

165 institutional holders +13 vs Q1 2026
47,873,53247.9m shares reported held*
$2.1bnreported value*
27 new 79 added 41 reduced 10 sold out net bought ≈ $640.6m (+14.6m 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 ($7.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $43.82.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q2 23: 2Q3 23: 2Q4 23: 12Q1 24: 16Q2 24: 23Q3 24: 46Q4 24: 87Q1 25: 100Q2 25: 98Q3 25: 108Q4 25: 130Q1 26: 152Q2 26: 165165Q2 23Q1 24Q4 24Q3 25Q2 26
Numbers
QuarterHolders
Q2 20232
Q3 20232
Q4 202312
Q1 202416
Q2 202423
Q3 202446
Q4 202487
Q1 2025100
Q2 202598
Q3 2025108
Q4 2025130
Q1 2026152
Q2 2026165

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 42 bought or addedQ3 24: 1 cut or sold outQ4 24: 72 bought or addedQ4 24: 8 cut or sold outQ4 24Q1 25: 70 bought or addedQ1 25: 29 cut or sold outQ2 25: 60 bought or addedQ2 25: 40 cut or sold outQ2 25Q3 25: 70 bought or addedQ3 25: 31 cut or sold outQ4 25: 84 bought or addedQ4 25: 33 cut or sold outQ4 25Q1 26: 113 bought or addedQ1 26: 25 cut or sold outQ2 26: 106 bought or addedQ2 26: 51 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024421
Q4 2024728
Q1 20257029
Q2 20256040
Q3 20257031
Q4 20258433
Q1 202611325
Q2 202610651

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +5,848,880+5.8m
LPL Financial LLC Added +3,347,227+3.3m
AMERIPRISE FINANCIAL INC Added +1,215,901+1.2m
PRICE T ROWE ASSOCIATES INC /MD/ Added +544,219+544.2k
Northwest Financial Advisors New +494,506+494.5k
JONES FINANCIAL COMPANIES LLLP Added +445,915+445.9k
KICKSTAND VENTURES, LLC. New +330,139+330.1k
WELLS FARGO & COMPANY/MN Added +265,298+265.3k
OSAIC HOLDINGS, INC. Added +215,315+215.3k
COMMONWEALTH EQUITY SERVICES, LLC Added +190,365+190.4k

Biggest sellers

GOLDMAN SACHS GROUP INC Sold out -36,195-36.2k
Asio Capital, LLC Reduced -35,065-35.1k
OneAscent Family Office, LLC Sold out -27,938-27.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -25,690-25.7k
Beacon Capital Management, Inc. Reduced -18,442-18.4k
Legacy Capital Wealth Partners, LLC Sold out -14,444-14.4k
D.A. DAVIDSON & CO. Reduced -13,833-13.8k
Mariner, LLC Sold out -12,577-12.6k
CAPTRUST FINANCIAL ADVISORS Reduced -10,737-10.7k
MSH Capital Advisors LLC Sold out -10,685-10.7k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RAYMOND JAMES FINANCIAL INC 0.11% of their portfolio ST. PETERSBURG, FL 9,087,5549.1m $398.5m $398.5m 0.11% Added +5.8m +5,848,880
2 PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio BALTIMORE, MD 7,570,4067.6m $332.0m $332.0m 0.03% Added +544.2k +544,219
3 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 7,309,6127.3m $320.5m $320.5m 0.07% Added +3.3m +3,347,227
4 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 2,711,1932.7m $118.9m $118.9m 0.02% Added +1.2m +1,215,901
5 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,581,5301.6m $69.4m $69.4m 0.01% Added +265.3k +265,298
6 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 1,401,8611.4m $60.4m $60.4m 0.02% Added +445.9k +445,915
7 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 1,223,9601.2m $53.7m $53.7m 0.05% Added +161.2k +161,175
8 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,108,0131.1m $48.6m $48.6m 0.01% Added +159.8k +159,825
9 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 883,593883.6k $38.8m $38.8m 0.05% Added +215.3k +215,315
10 CAPTRUST FINANCIAL ADVISORS 0.06% of their portfolio RALEIGH, NC 876,248876.2k $38.4m $38.4m 0.06% Reduced -10.7k -10,737
11 Watchman Group, Inc. 7.97% of their portfolio PLANO, TX 813,692813.7k $35.7m $35.7m 7.97% Added +2.4k +2,420
12 Kendall Capital Management 5.61% of their portfolio ROCKVILLE, MD 768,122768.1k $33.7m $33.7m 5.61% Added +26.8k +26,774
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 732,556732.6k $32.1m $32.1m 0.00% Added +178.9k +178,928
14 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 668,278668.3k $29.3m $29.3m 0.01% Added +21.7k +21,733
15 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 586,660586.7k $25.3m $25.3m 0.04% Added +63.3k +63,280
16 Private Advisor Group, LLC 0.12% of their portfolio MORRISTOWN, NJ 584,845584.8k $25.6m $25.6m 0.12% Added +63.9k +63,871
17 CMH Wealth Management LLC 3.50% of their portfolio PORTSMOUTH, NH 522,648522.6k $22.9m $22.9m 3.50% Added +18.2k +18,206
18 Northwest Financial Advisors 2.88% of their portfolio HERNDON, VA 494,506494.5k $21.7m $21.7m 2.88% New
19 Asio Capital, LLC 2.64% of their portfolio LEXINGTON, KY 470,430470.4k $20.6m $20.6m 2.64% Reduced -35.1k -35,065
20 Beacon Capital Management, Inc. 1.10% of their portfolio DAYTON, OH 415,489415.5k $18.2m $18.2m 1.10% Reduced -18.4k -18,442
21 HighPoint Advisor Group LLC 0.61% of their portfolio DOWNERS GROVE, IL 394,292394.3k $17.3m $17.3m 0.61% Added +16.8k +16,828
22 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 384,307384.3k $16.9m $16.9m 0.02% Added +20.5k +20,481
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 356,744356.7k $15.6m $15.6m 0.01% Added +56.6k +56,636
24 Souders Financial Advisors 1.54% of their portfolio CINCINNATI, OH 348,557348.6k $15.3m $15.3m 1.54% Reduced -6.9k -6,933
25 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 342,425342.4k $15.0m $15.0m 0.02% Added +190.4k +190,365
26 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 339,328339.3k $14.9m $14.9m 0.03% Added +70.2k +70,186
27 KICKSTAND VENTURES, LLC. 2.63% of their portfolio PITTSFORD, NY 330,139330.1k $14.5m $14.5m 2.63% New
28 Bleakley Financial Group, LLC 0.16% of their portfolio PARSIPPANY, NJ 293,426293.4k $12.9m $12.9m 0.16% Added +49.7k +49,704
29 SITTNER & NELSON, LLC 3.69% of their portfolio EUGENE, OR 267,640267.6k $11.7m $11.7m 3.69% Added +148.7k +148,661
30 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 235,443235.4k $10.3m $10.3m 0.01% Reduced -300 -300
31 DAVENPORT & Co LLC 0.05% of their portfolio RICHMOND, VA 227,799227.8k $10.0m $10.0m 0.05% Added +16.1k +16,094
32 N.E.W. Advisory Services LLC 0.66% of their portfolio DE PERE, WI 225,342225.3k $9.9m $9.9m 0.66% Added +4.9k +4,947
33 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 208,981209.0k $9.2m $9.2m 0.01% Added +102.2k +102,215
34 EXCHANGE TRADED CONCEPTS, LLC 0.04% of their portfolio Oklahoma City, OK 179,510179.5k $7.9m $7.9m 0.04% Reduced -2.0k -2,008
35 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 168,117168.1k $7.4m $7.4m 0.04% Reduced -13.8k -13,833
36 Atlas Wealth LLC 1.05% of their portfolio CINCINNATI, OH 167,294167.3k $7.3m $7.3m 1.05% Added +36.5k +36,530
37 OneDigital Investment Advisors LLC 0.06% of their portfolio OVERLAND PARK, KS 163,434163.4k $7.2m $7.2m 0.06% Reduced -10.3k -10,337
38 Stratos Wealth Partners, LTD. 0.07% of their portfolio BEACHWOOD, OH 150,813150.8k $6.6m $6.6m 0.07% Added +2.9k +2,907
39 Essex Financial Services, Inc. 0.29% of their portfolio ESSEX, CT 134,671134.7k $5.9m $5.9m 0.29% Added +16.5k +16,509
40 CENTAURUS FINANCIAL, INC. 0.23% of their portfolio ANAHEIM, CA 134,669134.7k $5.9m $5.9m 0.23% Added +6.6k +6,611
41 FLAGSHIP HARBOR ADVISORS, LLC 0.22% of their portfolio BOSTON, MA 130,668130.7k $5.7m $5.7m 0.22% Added +486 +486
42 Pearl Planning LLC 2.47% of their portfolio DEXTER, MI 122,457122.5k $5.4m $5.4m 2.47% Added +2.4k +2,379
43 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 121,324121.3k $5.3m $5.3m 0.05% Reduced -1.9k -1,866
44 BARNES PETTEY FINANCIAL ADVISORS, LLC 1.66% of their portfolio CLARKSDALE, MS 120,494120.5k $5.3m $5.3m 1.66% Added +113.1k +113,139
45 Valmark Advisers, Inc. 0.05% of their portfolio AKRON, OH 110,083110.1k $4.8m $4.8m 0.05% Added +7.6k +7,630
46 Garden State Investment Advisory Services LLC 0.88% of their portfolio Red Bank, NJ 102,086102.1k $4.5m $4.5m 0.88% Added +3.4k +3,435
47 Farther Finance Advisors, LLC 0.03% of their portfolio SAN FRANCISCO, CA 98,93398.9k $4.3m $4.3m 0.03% Reduced -3.0k -2,955
48 Richard P Slaughter Associates Inc 0.85% of their portfolio AUSTIN, TX 97,24497.2k $4.3m $4.3m 0.85% Added +34.6k +34,583
49 SageGuard Financial Group, LLC 0.52% of their portfolio GOODLETTSVILLE, TN 84,36284.4k $3.7m $3.7m 0.52% Added +71.0k +70,983
50 Legacy Capital Group California, Inc. 1.11% of their portfolio LOS GATOS, CA 84,14584.1k $3.7m $3.7m 1.11% Reduced -3.7k -3,666
51 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 83,12183.1k $3.6m $3.6m 0.02% Added +52.7k +52,687
52 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 81,01381.0k $3.6m $3.6m 0.02% Added +2.0k +2,023
53 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 78,54878.5k $3.4m $3.4m 0.01% Reduced -387 -387
54 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 76,36276.4k $3.3m $3.3m 0.00% Reduced -54 -54
55 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 60,47660.5k $2.7m $2.7m 0.00% Added +13.3k +13,259
56 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 60,09260.1k $2.6m $2.6m 0.00% Added +34.3k +34,315
57 NEW WAVE WEALTH ADVISORS LLC 0.35% of their portfolio SPRINGDALE, AR 58,76058.8k $2.6m $2.6m 0.35% Added +51.9k +51,871
58 Heritage Wealth Management, Inc. 0.63% of their portfolio CINCINNATI, OH 57,93857.9k $2.5m $2.5m 0.63% Added +4.8k +4,797
59 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 57,40057.4k $2.5m $2.5m 0.00% Added +4.6k +4,642
60 PFG Advisors 0.12% of their portfolio Phoenix, AZ 56,41256.4k $2.5m $2.5m 0.12% Added +621 +621
61 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 50,53950.5k $2.2m $2.2m 0.01% Added +2.9k +2,923
62 Golden State Wealth Management, LLC 0.19% of their portfolio SANTA ANA, CA 47,25547.3k $2.1m $2.1m 0.19% Added +2.2k +2,164
63 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 47,10747.1k $2.1m $2.1m 0.01% Added +600 +600
64 DAHRING | CUSMANO LLC 0.96% of their portfolio NOVI, MI 41,63341.6k $1.8m $1.8m 0.96% Reduced -1.2k -1,219
65 Thayer Partners, LLC / MA 0.67% of their portfolio WYNDMOOR, PA 37,00137.0k $1.6m $1.6m 0.67% Added +4.4k +4,361
66 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 36,51536.5k $1.6m $1.6m 0.01% Reduced -6.8k -6,758
67 StrongBox Wealth, LLC 0.44% of their portfolio LEE'S SUMMIT, MO 35,15535.2k $1.5m $1.5m 0.44% Added +3.8k +3,791
68 DKM Wealth Management, Inc. 1.00% of their portfolio STOCKTON, CA 35,02535.0k $1.5m $1.5m 1.00% Added +441 +441
69 Capital Analysts, LLC 0.03% of their portfolio FORT WASHINGTON, PA 34,22134.2k $1.5m $1.5m 0.03% Added +3.9k +3,940
70 Ballast, Inc. 0.27% of their portfolio Lexington, KY 33,00033.0k $1.4m $1.4m 0.27% New
71 Kingsview Wealth Management, LLC 0.02% of their portfolio GRANTS PASS, OR 32,48732.5k $1.4m $1.4m 0.02% Reduced -968 -968
72 GeoWealth Management, LLC 0.04% of their portfolio CHICAGO, IL 31,18531.2k $1.4m $1.4m 0.04% Reduced -1.3k -1,311
73 IFG Advisory, LLC 0.05% of their portfolio ATLANTA, GA 31,04531.0k $1.4m $1.4m 0.05% New
74 Beacon Financial Advisory LLC 0.27% of their portfolio CLEVELAND, OH 30,82730.8k $1.4m $1.4m 0.27% Added +3.6k +3,629
75 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 29,54329.5k $1.3m $1.3m 0.00% Reduced -3.8k -3,818
76 AXXCESS WEALTH MANAGEMENT, LLC 0.02% of their portfolio CARLSBAD, CA 29,47929.5k $1.3m $1.3m 0.02% Reduced -72 -72
77 AdvisorNet Financial, Inc 0.06% of their portfolio MINNETONKA, MN 29,02629.0k $1.3m $1.3m 0.06% Added +5.9k +5,882
78 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 28,60128.6k $1.3m $1.3m 0.01% Reduced -513 -513
79 IHT Wealth Management, LLC 0.03% of their portfolio Chicago, IL 28,26728.3k $1.2m $1.2m 0.03% Reduced -409 -409
80 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 25,65525.7k $1.1m $1.1m 0.01% Added +10.5k +10,490
81 Retirement Planning Group, LLC 0.03% of their portfolio LEAWOOD, KS 24,10324.1k $1.1m $1.1m 0.03% Unchanged
82 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 23,93923.9k $1.0m $1.0m 0.02% First filing
83 LEVEL FOUR ADVISORY SERVICES, LLC 0.03% of their portfolio DALLAS, TX 22,99023.0k $1.0m $1.0m 0.03% Added +4.1k +4,112
84 Advisor OS, LLC 0.06% of their portfolio CHICAGO, IL 21,98322.0k $964.0k $964.0k 0.06% Added +605 +605
85 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 21,90221.9k $960.4k $960.4k 0.02% Reduced -915 -915
86 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 21,74321.7k $953.4k $953.4k 0.00% New
87 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 21,10321.1k $925.4k $925.4k 0.00% Added +19.5k +19,522
88 4J Wealth Management LLC 0.42% of their portfolio MCLEAN, VA 19,53419.5k $856.6k $856.6k 0.42% New
89 First Heartland Consultants, Inc. 0.05% of their portfolio LAKE ST. LOUIS, MO 18,58518.6k $815.0k $815.0k 0.05% Added +446 +446
90 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 18,23318.2k $793.3k $793.3k 0.00% New
91 FOUNDERS FINANCIAL SECURITIES LLC 0.04% of their portfolio TOWSON, MD 17,69317.7k $775.8k $775.8k 0.04% Reduced -130 -130
92 Robertson Stephens Wealth Management, LLC 0.02% of their portfolio San Francisco, CA 17,55917.6k $770.0k $770.0k 0.02% Reduced -2.4k -2,369
93 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 17,43717.4k $764.6k $764.6k 0.00% Added +10.4k +10,387
94 United Advisor Group, LLC 0.08% of their portfolio CINCINNATI, OH 17,22017.2k $755.1k $755.1k 0.08% Added +1.3k +1,341
95 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 16,93516.9k $633.6k $633.6k 0.01% Reduced -278 -278
96 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 16,44116.4k $720.9k $720.9k 0.01% Added +9.9k +9,933
97 Financial Security Advisor, Inc. 0.11% of their portfolio VIRGINIA BEACH, VA 15,95616.0k $699.7k $699.7k 0.11% Reduced -623 -623
98 Capital Investment Advisory Services, LLC 0.04% of their portfolio RALEIGH, NC 15,87015.9k $695.9k $695.9k 0.04% Added +1.2k +1,223
99 SUMMIT WEALTH GROUP LLC / CO 0.06% of their portfolio COLORADO SPRINGS, CO 15,51015.5k $680.1k $680.1k 0.06% New
100 SEAMOUNT FINANCIAL GROUP INC 0.27% of their portfolio COLORADO SPRINGS, CO 15,13415.1k $663.6k $663.6k 0.27% Unchanged