13FPulse
中
SM

SMCI SUPER MICRO COMPUTER INC

2026Q2 · CUSIP 86800U302 · AI Servers & Hardware · Sector: Technology

Piling in

Net holder growth ranks near the top of the market

Funds that own it
745
Institutions that reported holding it to the SEC
Net increase in holders
+45
Last quarter 700 → now 745
How unusual is that
Top 10%
Stronger buying than 94% of US stocks
What the filings say, in one paragraph

745 funds held SMCI at the end of 2026Q2, up 45 from the quarter before. That is stronger buying than 93.7% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $39.1B(YoY +77.8%), the P/E is 11.3x, return on equity is 15.4%. SMCI has had 6 buying rushes in its history, and the price moved +25.4% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Technology sector, tagged AI Servers & Hardware.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2014Q3: holders=1 2014Q4: holders=1 2023Q3: holders=1 2023Q4: holders=1 2024Q1: holders=1 2024Q2: holders=5 2024Q3: holders=63 2024Q4: holders=670 2025Q1: holders=741 2025Q2: holders=820 2025Q3: holders=838 2025Q4: holders=744 2026Q1: holders=700 2026Q2: holders=745 -607 -303.5 +0 +303.5 +607 0440880 14Q314Q423Q323Q424Q124Q224Q324Q425Q125Q225Q325Q426Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 6 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10% — —
2025Q3 Top 20% -11.8% -5.7%
2025Q2 Top 5% +14.2% -20.6%
2025Q1 Top 1% in the market +8.4% -3.5%
2024Q4 Top 1% in the market -26.8% -3.7%
2024Q3 Top 5% +54.7% +160.3%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
283
Change in large funds
+34
Total value they hold
$13.1B
Funds buying for the first time
148
Funds that sold out entirely
103
Price change that quarter
+19.9%
Funds holding puts (bearish)
62
Funds holding calls (bullish)
67

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
11.3
EPS (TTM)
$3.26
EPS YoY
+94.0%
Revenue (TTM)
$39.1B
Revenue YoY
+77.8%
Net margin
5.7%
ROE
15.4%
Debt ratio
51.6%
FCF (TTM)
-$7.0B
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 0.05 2021-12-31: EPS 0.08 2022-03-31: EPS 0.14 2022-06-30: EPS 0.26 2022-09-30: EPS 0.34 2022-12-31: EPS 0.31 2023-03-31: EPS 0.15 2023-06-30: EPS 0.34 2023-09-30: EPS 0.27 2023-12-31: EPS 0.51 2024-03-31: EPS 0.66 2024-06-30: EPS 0.48 2024-09-30: EPS 0.67 2024-12-31: EPS 0.51 2025-03-31: EPS 0.17 2025-06-30: EPS 0.33 2025-09-30: EPS 0.26 2025-12-31: EPS 0.60 2026-03-31: EPS 0.72 2026-06-30: EPS 1.68 0B 6.3B 12.7B $B 0.00 0.92 1.85 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 22 7 37 66 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-6.7B-2.9B841M 20162017201820192020202120222023202420252026
Latest quarter $-6.7B (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.