ISHARES L CAP MB SEP ETF (SMAX) Institutional Ownership and Insiders Activity

ISHARES L CAP MB SEP ETF (SMAX) is widely held by institutional investors, with 33 firms reporting positions valued at approximately $51.12M based on SEC Form 13F filings for the quarter ended June 30, 2026.

J. L. Bainbridge & Co., Inc. is the largest disclosed holder, reporting approximately $26.39M in SMAX holdings in its latest filing.

Institutional ownership remains highly concentrated, with J. L. Bainbridge & Co., Inc. representing the majority of disclosed value.