Needham Investment Management’s Smith-Midland SMID Stock Holding History

Needham Investment Management’s Portfolio SMID Stock Details SMID Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$7.32M	Hold	225,000	–	–	0.37%	73
2025 Q4	$8.18M	Buy	225,000 +2,000	+0.9%	+$71.7K	0.52%	56
2025 Q3	$8.23M	Buy	223,000 +6,000	+3%	+$231K	0.57%	55
2025 Q2	$7.28M	Buy	217,000 +6,000	+3%	+$183K	0.58%	51
2025 Q1	$6.56M	Hold	211,000	–	–	0.61%	52
2024 Q4	$9.38M	Buy	211,000 +1,000	+0.5%	+$39.8K	0.72%	48
2024 Q3	$7.01M	Buy	210,000 +25,000	+14%	+$800K	0.54%	58
2024 Q2	$5.12M	Buy	185,000 +2,500	+1%	+$91.5K	0.42%	64
2024 Q1	$8.57M	Buy	182,500 +2,500	+1%	+$102K	0.8%	39
2023 Q4	$7.11M	Buy	180,000 +20,000	+13%	+$537K	0.9%	32
2023 Q3	$3.03M	Buy	160,000 +13,900	+10%	+$298K	0.52%	53
2023 Q2	$3.47M	Hold	146,100	–	–	0.57%	53
2023 Q1	$2.74M	Hold	146,100	–	–	0.47%	61
2022 Q4	$3M	Hold	146,100	–	–	0.54%	56
2022 Q3	$3.91M	Hold	146,100	–	–	0.77%	44
2022 Q2	$2.04M	Hold	146,100	–	–	0.38%	68
2022 Q1	$2.59M	Hold	146,100	–	–	0.38%	66
2021 Q4	$6.87M	Sell	146,100 -13,900	-9%	-$388K	0.86%	44
2021 Q3	$2.22M	Buy	160,000 +22,500	+16%	+$412K	0.3%	67
2021 Q2	$3.25M	Hold	137,500	–	–	0.47%	53
2021 Q1	$1.65M	Hold	137,500	–	–	0.23%	76
2020 Q4	$1.26M	Buy	+137,500	New	+$1.2M	0.21%	77

Other funds holding SMID

TDC

Thompson Davis & Co Richmond, Virginia $167M AUM 33.45% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Bard Associates Chicago, Illinois $398M AUM 54.32% 1-Year Est. Return

RBF Capital San Francisco, California $2.05B AUM 29.64% 1-Year Est. Return

RHJA

Rice Hall James & Associates San Diego, California $1.8B AUM 36.16% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

HIMC

Heritage Investors Management Corp Bethesda, Maryland $3.29B AUM 26.44% 1-Year Est. Return

Needham Investment Management's SMID Position: Q1 2026 in Review

Needham Investment Management held its Smith-Midland (SMID) position steady in Q1 2026 at 225,000 shares worth $7.32M. The position accounts for 0.37% of the portfolio, ranked #73.

Needham Investment Management first reported a position in SMID in Q4 2020 and has held it in 22 quarters since. The position peaked at $9.38M in Q4 2024. 57 funds tracked by Wall St. Rank hold SMID as of Q1 2026.

Needham Investment Management held 225,000 shares of Smith-Midland worth $7.32M as of Q1 2026.
Needham Investment Management left its Smith-Midland share count unchanged in Q1 2026.
Smith-Midland made up 0.37% of Needham Investment Management's portfolio in Q1 2026, its #73 holding.
Needham Investment Management first reported a position in Smith-Midland in Q4 2020 and has held it in 22 quarters since.
Needham Investment Management's Smith-Midland position peaked at $9.38M in Q4 2024.
57 funds tracked by Wall St. Rank held Smith-Midland as of Q1 2026.

Based on Needham Investment Management's 13F filing for Q1 2026, filed 15 May 2026.