SMR NuScale Power Corporation Class A Common Stock

NYSE · Electrical Equipment · View on SEC EDGAR ↗
$8.99
Price · Aug 18, 2026
Fundamentals as of Aug 5, 2026

SMR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$8.98
Market Cap
P/E (TTM)
-6.5
EPS (TTM)
$-2.17
Revenue (TTM)
$31M
Div Yield
ROE
-39.8%
Debt/Equity
52W Range
$7 – $57

SMR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $31M
6-point trend, +5146.5%
2020-12-31 2025-12-31
EPS $-2.17
6-point trend, -2.17
2020-12-31 2025-12-31
Free Cash Flow $-460M
4-point trend, -204.8%
2022-12-31 2025-12-31
Margins -1130.3%
4-point trend, -4.5%
2022-12-31 2025-12-31

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
SMR
Peer Median
P/E (TTM)
4-point trend, +67.5%
-6.5
20.4

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
SMR
Peer Median
Gross Margin
4-point trend, -4.5%
36.3%
23.8%
Operating Margin
4-point trend, -12.4%
-2190.6%
Net Profit Margin
4-point trend, -414.8%
-1130.3%
-25.4%
ROA
5-point trend, -2754.0%
-36.4%
-10.3%
ROE
5-point trend, -346.3%
-39.8%
0.15%
ROIC
4-point trend, +70.6%
-59.0%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
SMR
Peer Median
Current Ratio
5-point trend, +36.5%
4.3
2.7
Quick Ratio
5-point trend, +48.4%
4.2

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
SMR
Peer Median
Revenue YoY
5-point trend, +999.9%
-15.0%
Revenue CAGR 3Y
5-point trend, +999.9%
38.7%
Revenue CAGR 5Y
5-point trend, +999.9%
120.8%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
SMR
Peer Median
EPS (Diluted)
5-point trend, -2.17
$-2.17

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
SMR
Peer Median

SMR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

HOLD 23 analysts
  • Strong Buy 1 4.3%
  • Buy 9 39.1%
  • Hold 11 47.8%
  • Sell 1 4.3%
  • Strong Sell 1 4.3%

12-Month Price Target

15 analysts · 2026-08-14
Median target $11.00 +22.4%
Mean target $12.90 +43.6%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.31%
Period EPS Actual EPS Est Surprise
June 30, 2026 $-0.13 $-0.13 -0.00%
March 31, 2026 $-0.14 $-0.13 -0.01%
Dec. 31, 2025 $-0.31 $-0.12 -0.19%
Sept. 30, 2025 $-1.85 $-0.14 -1.7%
June 30, 2025 $-0.13 $-0.11 -0.02%
March 31, 2025 $-0.11 $-0.15 0.04%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
SMR -6.5 -15.0% -1130.3% -39.8% 36.3%
GEV $176.16B 36.9 9.0% 12.8% 47.1% 19.8%
BE -234.8 37.3% -4.3% -13.1% 29.0%
FPS
XE
EROC
BW $827M -13.2 1.1% -6.2% 17.4%
NNE $1.61B -36.4 -22.6%
PSIX 11.6 51.8%
NRGV $779M -7.1 340.9% -50.9% -131.3% 23.6%
NPWR -0.3 -134.6%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 15
Annual Income Statement data for SMR
Metric Trend 202520242023202220212020
Revenue 6-point trend, +5146.5% $31M $37M $23M $12M $3M $600.0K
Cost of Revenue 6-point trend, +5547.3% $20M $5M $19M $7M $2M $355.0K
Gross Profit 6-point trend, +4565.7% $11M $32M $4M $4M $1M $245.0K
R&D Expense 6-point trend, -52.2% $46M $47M $156M $128M $94M $95M
SG&A Expense 6-point trend, +1540.4% $610M $76M $65M $55M $39M $37M
Operating Income 6-point trend, -334.1% $-690M $-139M $-276M $-230M $-174M $-159M
Interest Income · · · · $19.0K ·
Pretax Income 6-point trend, -651.4% $-664M $-346M $-180M $-142M $-102M $-88M
Income Tax 6-point trend, +322000.00 $322.0K $2M $0 $0 $0 $0
Net Income 6-point trend, -302.5% $-356M $-137M $-58M $-26M $-102M $-88M
EPS (Basic) 6-point trend, -2.17 $-2.17 $-1.47 $-0.80 $-0.51 $0.00 $0.00
EPS (Diluted) 6-point trend, -2.17 $-2.17 $-1.47 $-0.80 $-0.51 $0.00 $0.00
Shares (Basic) 6-point trend, +163731673.00 163,731,673 93,249,872 73,386,018 50,763,844 0 0
Shares (Diluted) 6-point trend, +163731673.00 163,731,673 93,249,872 73,386,018 50,763,844 0 0
EBITDA 5-point trend, -51856.2% $-690M $-139M $-276M $-230M $-1M ·
Balance Sheet 24
Annual Balance Sheet data for SMR
Metric Trend 202520242023202220212020
Cash & Equivalents 6-point trend, +43775.4% $836M $402M $120M $218M $77M $2M
Short-term Investments 5-point trend, +417800000.00 $418M $40M $0 $50M $0 ·
Receivables 2-point trend, +131.7% · · · $11M $5M ·
Prepaid Expense 6-point trend, +1957.0% $5M $3M $19M $6M $4M $237.1K
Current Assets 6-point trend, +59270.7% $1.27B $471M $155M $284M $86M $2M
PP&E (Net) 5-point trend, -61.2% $2M $2M $4M $5M $5M ·
PP&E (Gross) · · $25M · · ·
Accum. Depreciation 5-point trend, -18.9% $17M $18M $21M $19M $21M ·
Goodwill Flat — no change across 5 periods $8M $8M $8M $8M $8M ·
Intangibles 5-point trend, -57.4% $527.0K $704.0K $882.0K $1M $1M ·
Other Non-current Assets 5-point trend, +313.9% $16M $2M $4M $7M $4M ·
Total Assets 6-point trend, +502.5% $1.41B $545M $225M $349M $121M $234M
Accounts Payable 6-point trend, +286515000.00 $287M $48M $45M $28M $22M $0
Accrued Liabilities 2-point trend, -19.9% · · · · $40.0K $49.9K
Short-term Debt Flat — no change across 2 periods · · · · $0 $0
Current Liabilities 6-point trend, +592794.6% $296M $90M $87M $39M $48M $49.9K
Capital Leases 4-point trend, +422.3% $1M · $1M $3M $211.0K ·
Other Non-current Liabilities 5-point trend, -13.6% $3M $2M $1M $3M $3M ·
Total Liabilities 6-point trend, +615.9% $299M $92M $96M $72M $53M $42M
Total Debt · · · · $0 ·
Paid-in Capital 6-point trend, +10482.3% $1.90B $996M $334M $297M $0 $18M
Retained Earnings 6-point trend, -1750.0% $-733M $-377M $-240M $-182M $-782M $-40M
Stockholders' Equity 6-point trend, +3050.5% $1.17B $619M $93M $115M $66M $-40M
Liabilities + Equity 6-point trend, +502.5% $1.41B $545M $225M $349M $121M $234M
Cash Flow 14
Annual Cash Flow data for SMR
Metric Trend 202520242023202220212020
Stock-based Comp 6-point trend, +415.3% $19M $14M $16M $9M $6M $4M
Deferred Tax Flat — no change across 2 periods · · $0 $0 · ·
Amort. of Intangibles 6-point trend, -0.6% $177.0K $177.0K $177.0K $177.0K $177.0K $178.0K
Operating Cash Flow 6-point trend, -873.0% $-460M $-109M $-183M $-149M $-99M $-47M
CapEx 6-point trend, -85.6% $508.0K $44.0K $2M $2M $2M $4M
Investing Cash Flow 6-point trend, -11563.7% $-411M $-40M $48M $-52M $-2M $-4M
Debt Issued 3-point trend, -100.0% · · · $0 $0 $23M
Net Debt Issued · · · $0 · ·
Stock Repurchased 5-point trend, -100.0% · $0 $0 $566.0K $17.0K $49.0K
Net Stock Activity 3-point trend, +100.0% · $0 $0 $-566.0K · ·
Financing Cash Flow 6-point trend, +3292.0% $1.31B $430M $16M $368M $173M $38M
Net Change in Cash 6-point trend, +3645.0% $435M $281M $-119M $167M $72M $-12M
Taxes Paid 3-point trend, +322000.00 $322.0K $2M $0 · · ·
Free Cash Flow 4-point trend, -204.8% $-460M $-109M $-185M $-151M · ·
Profitability 8
Annual Profitability data for SMR
Metric Trend 202520242023202220212020
Gross Margin 4-point trend, -4.5% 36.3% 86.7% 16.9% 38.0% · ·
Operating Margin 4-point trend, -12.4% -2190.6% -374.5% -1208.1% -1948.5% · ·
Net Margin 4-point trend, -414.8% -1130.3% -368.8% -255.9% -219.5% · ·
Pretax Margin 4-point trend, -75.9% -2109.7% -935.2% -789.6% -1199.4% · ·
EBITDA Margin 4-point trend, -12.4% -2190.6% -374.5% -1208.1% -1948.5% · ·
ROA 5-point trend, -2754.0% -36.4% -35.5% -20.3% -11.0% 1.4% ·
ROE 5-point trend, -346.3% -39.8% -38.4% -56.1% -28.6% -8.9% ·
ROIC 4-point trend, +70.6% -59.0% -22.6% -294.9% -200.6% · ·
Liquidity & Solvency 3
Annual Liquidity & Solvency data for SMR
Metric Trend 202520242023202220212020
Current Ratio 6-point trend, -90.0% 4.3 5.3 1.8 7.4 3.1 42.9
Quick Ratio 6-point trend, -88.9% 4.2 4.9 1.4 7.2 2.9 38.2
Debt / Equity · · · · 0.0 ·
Efficiency 2
Annual Efficiency data for SMR
Metric Trend 202520242023202220212020
Asset Turnover 4-point trend, -35.9% 0.0 0.1 0.1 0.1 · ·
Receivables Turnover · · · 1.5 · ·
Per Share 3
Annual Per Share data for SMR
Metric Trend 202520242023202220212020
Revenue / Share 4-point trend, -17.3% $0.19 $0.40 $0.31 $0.23 · ·
Cash Flow / Share 4-point trend, +4.1% $-2.81 $-1.17 $-2.50 $-2.93 · ·
EPS (TTM) 6-point trend, -2.17 $-2.17 $-1.47 $-0.80 $-0.51 $0.00 $0.00
Growth Rates 3
Annual Growth Rates data for SMR
Metric Trend 202520242023202220212020
Revenue YoY 5-point trend, -104.0% -15.0% 62.4% 93.2% 312.4% 377.0% ·
Revenue CAGR 3Y 3-point trend, -83.6% 38.7% 134.8% 236.2% · · ·
Revenue CAGR 5Y 120.8% · · · · ·
Valuation (TTM) 4
Annual Valuation (TTM) data for SMR
Metric Trend 202520242023202220212020
Revenue TTM 6-point trend, +5146.5% $31M $37M $23M $12M $3M $600.0K
Net Income TTM 6-point trend, -302.5% $-356M $-137M $-58M $-26M $-102M $-88M
P/E 4-point trend, +67.5% -6.5 -12.2 -4.1 -20.1 · ·
Earnings Yield 4-point trend, -208.0% -15.3% -8.2% -24.3% -5.0% · ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $31M$37M$23M$12M$3M
Gross Margin % 36.3%86.7%16.9%38.0%
Operating Margin % -2190.6%-374.5%-1208.1%-1948.5%
Net Income $-356M$-137M$-58M$-26M$-102M
Diluted EPS $-2.17$-1.47$-0.80$-0.51$0.00
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.0
Current Ratio 4.35.31.87.43.1
Quick Ratio 4.24.91.47.22.9
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $-460M$-109M$-185M$-151M

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Institutional owners (13F) 584 filers · $1.7B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
106 (-15 vs prior Q) 68 (-1 vs prior Q) 227 (+33 vs prior Q) 106 (-20 vs prior Q) +46.2M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VAN ECK ASSOCIATES CORP $200,347,545 19,974,830 11.70% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $151,974,189 15,151,963 8.87% Shares
VANGUARD CAPITAL MANAGEMENT LLC $141,212,671 14,079,030 8.24% Shares
TWO SIGMA INVESTMENTS, LP $116,903,171 11,655,351 6.83% Shares
STATE STREET CORP $66,827,383 6,662,750 3.90% Shares
GEODE CAPITAL MANAGEMENT, LLC $58,920,884 5,873,538 3.44% Shares
JANE STREET GROUP, LLC $55,746,740 5,558,000 3.25% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $42,106,943 4,198,100 2.46% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $39,609,473 3,949,100 2.31% Call option
JANE STREET GROUP, LLC $33,268,507 3,316,900 1.94% Call option
GOLDMAN SACHS GROUP INC $33,153,247 3,305,408 1.94% Shares
Toroso Investments, LLC $29,979,767 2,115,721 1.75% Shares
Toroso Investments, LLC $28,932,306 2,041,800 1.69% Put option
WOLVERINE TRADING, LLC $26,399,088 691,800 1.54% Call option
Clear Street Group Inc. $25,726,218 2,564,927 1.50% Shares
CAPITAL FUND MANAGEMENT S.A. $25,321,818 2,524,608 1.48% Shares
CITADEL ADVISORS LLC $23,416,038 2,334,600 1.37% Put option
Greenhouse Funds LLLP $21,656,906 2,159,213 1.26% Shares
D. E. Shaw & Co., Inc. $21,388,975 2,132,500 1.25% Call option
Cetera Investment Advisers $20,947,008 2,088,436 1.22% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $20,808,750 2,074,651 1.21% Shares
VANGUARD FIDUCIARY TRUST CO $17,536,803 1,748,435 1.02% Shares
WOLVERINE TRADING, LLC $17,416,224 456,400 1.02% Put option
Korea Investment CORP $17,034,360 1,698,341 0.99% Shares
Samsung C&T Corp $15,905,614 1,585,804 0.93% Shares
CITADEL ADVISORS LLC $15,026,946 1,498,200 0.88% Call option
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $14,970,000 1,492,568 0.87% Shares
Trexquant Investment LP $14,189,662 1,414,722 0.83% Shares
RPG Investment Advisory, LLC $14,007,497 1,396,560 0.82% Shares
Point72 Asset Management, L.P. $13,181,817 1,314,239 0.77% Shares
EXCHANGE TRADED CONCEPTS, LLC $12,288,134 1,225,138 0.72% Shares
Mirae Asset Global Investments Co., Ltd. $12,248,465 1,221,183 0.72% Shares
LPL Financial LLC $11,190,042 1,115,657 0.65% Shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC $10,165,164 1,013,476 0.59% Shares
IMC-Chicago, LLC $8,920,411 889,373 0.52% Shares
MILLENNIUM MANAGEMENT LLC $7,291,710 726,990 0.43% Shares
BlackRock, Inc. $6,919,888 689,919 0.40% Shares
ONCE CAPITAL MANAGEMENT, LLC $6,820,400 680,000 0.40% Shares
PEAK6 LLC $6,318,900 630,000 0.37% Put option
Swiss National Bank $6,027,027 600,900 0.35% Shares
Squarepoint Ops LLC $5,699,046 568,200 0.33% Call option
D. E. Shaw & Co., Inc. $5,622,989 560,617 0.33% Shares
Defiance ETFs, LLC $5,187,817 511,115 0.30% Shares
XTX Topco Ltd $5,156,242 514,082 0.30% Shares
RAYMOND JAMES FINANCIAL INC $5,117,306 510,200 0.30% Shares
ExodusPoint Capital Management, LP $4,929,203 491,446 0.29% Shares
CAPITAL FUND MANAGEMENT S.A. $4,661,944 464,800 0.27% Call option
BNP PARIBAS FINANCIAL MARKETS $4,364,053 435,100 0.25% Shares
Walleye Trading LLC $4,350,011 433,700 0.25% Put option
BANK OF AMERICA CORP /DE/ $4,313,282 430,038 0.25% Shares
SIH Partners, LLLP $4,270,022 425,725 0.25% Shares
J. Goldman & Co LP $3,994,949 398,300 0.23% Call option
UBS Group AG $3,982,000 397,009 0.23% Shares
WOLVERINE TRADING, LLC $3,952,269 103,571 0.23% Shares
Quantinno Capital Management LP $3,900,005 388,834 0.23% Shares
RHUMBLINE ADVISERS $3,876,893 386,531 0.23% Shares
Man Group plc $3,851,640 384,012 0.22% Shares
ALLIANCEBERNSTEIN L.P. $3,832,048 353,510 0.22% Shares
Cubist Systematic Strategies, LLC $3,823,200 106,200 0.22% Call option
GROUP ONE TRADING LLC $3,743,517 373,232 0.22% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $3,659,827 364,888 0.21% Shares
Bank of New York Mellon Corp $3,599,807 358,904 0.21% Shares
Corient Private Wealth LP $3,391,373 338,123 0.20% Shares
Quadrature Capital Ltd $3,339,819 332,983 0.19% Shares
Holocene Advisors, LP $3,249,650 323,993 0.19% Shares
Baird Financial Group, Inc. $3,032,581 302,351 0.18% Shares
Parallax Volatility Advisers, L.P. $2,988,940 298,000 0.17% Put option
COMMONWEALTH EQUITY SERVICES, LLC $2,896,703 288,804 0.17% Shares
OSAIC HOLDINGS, INC. $2,759,769 275,163 0.16% Shares
UBS Group AG $2,753,817 274,558 0.16% Call option
JONES FINANCIAL COMPANIES LLLP $2,713,973 268,710 0.16% Shares
PineBridge Investments, L.P. $2,673,216 74,256 0.16% Shares
D. E. Shaw & Co., Inc. $2,631,872 262,400 0.15% Put option
BARCLAYS PLC $2,550,880 254,325 0.15% Shares
VANGUARD ASSET MANAGEMENT, Ltd $2,540,990 253,339 0.15% Shares
Caption Management, LLC $2,507,500 250,000 0.15% Put option
Brevan Howard Capital Management LP $2,446,217 243,890 0.14% Shares
TUDOR INVESTMENT CORP ET AL $2,396,167 238,900 0.14% Put option
MANUFACTURERS LIFE INSURANCE COMPANY, THE $2,323,339 231,639 0.14% Shares
CAPITAL FUND MANAGEMENT S.A. $2,302,888 229,600 0.13% Put option
Balyasny Asset Management L.P. $2,275,486 226,868 0.13% Shares
ALPS ADVISORS INC $2,220,211 221,357 0.13% Shares
DNB Asset Management AS $2,196,289 218,972 0.13% Shares
MILLENNIUM MANAGEMENT LLC $2,185,537 217,900 0.13% Call option
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $2,174,515 200,601 0.13% Shares
CAZ INVESTMENTS LP $2,136,390 213,000 0.12% Shares
Walleye Trading LLC $2,108,406 210,210 0.12% Shares
CITIGROUP INC $2,006,000 200,000 0.12% Call option
CITIGROUP INC $2,006,000 200,000 0.12% Put option
Trask Adam Roland $1,994,289 183,975 0.12% Shares
CWA Asset Management Group, LLC $1,928,338 192,257 0.11% Shares
SIMPLEX TRADING, LLC $1,925,228 191,947 0.11% Shares
Point72 Asset Management, L.P. $1,915,730 191,000 0.11% Call option
MetLife Investment Management, LLC $1,908,248 190,254 0.11% Shares
CastleKnight Management LP $1,798,379 179,300 0.10% Shares
MML INVESTORS SERVICES, LLC $1,678,260 167,324 0.10% Shares
Walleye Capital LLC $1,597,839 159,306 0.09% Shares
Kestra Advisory Services, LLC $1,573,226 156,852 0.09% Shares
Walleye Trading LLC $1,516,536 151,200 0.09% Call option
VANGUARD GROUP INC $1,497,117 105,654 0.09% Shares

Company insiders 13 insiders · 1 officers · 8 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Robert Ramsey Hamady Chief Financial Officer June 30, 2026 M 97,192 0 1 $-202,800
Kent Kresa Director June 30, 2026 A 101,609 0 0 $0
Alan L Boeckmann Director June 30, 2026 A 92,499 0 0 $0
Shinji Fujino Director May 29, 2026 A 28,561 0 0 $0
Bum-Jin Chung Director May 29, 2026 A 51,172 0 0 $0
Stuart Alan Harshaw Director May 29, 2026 A 17,362 0 0 $0
Kimberly O. Warnica Director May 29, 2026 A 56,140 0 0 $0
Dale E. Klein Director May 29, 2026 A 17,362 0 0 $0
Diana J Walters Director May 29, 2026 A 20,976 0 0 $0
Japan Bank for International Cooperation 10% owner Nov. 25, 2024 S 0 0 $0
IBK Securities Co., Ltd. 10% owner Jan. 9, 2023 S 287,420 0 0 $0
Carl M. Fisher Aug. 4, 2026 M 114,718 0 1 $-175,697
William J. Quinn April 22, 2022 P 73,600 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 1 position

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Japan NuScale Innovation, LLC, Japan Bank for International Cooperation, JGC Holdings Corporation, JGC America, Inc., IHI Corporation, IHI Americas Inc., Chubu Electric Power Co., Inc., Chubu Global Investment Americas Inc. ×3 filings Nov. 27, 2024 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 54 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
NUKZ · EXCHANGE TRADED CONCEPTS TRUST 1.75% 1,231,150 NS May 31, 2026 N-PORT
URA · Global X Funds 1.61% 10,097,016 NS April 30, 2026 N-PORT
SRVR · Pacer Funds Trust 0.52% 164,980 NS April 30, 2026 N-PORT
AIPO · Tidal Trust II 0.48% 287,371 NS May 31, 2026 N-PORT
ILDR · First Trust Exchange-Traded Fund VI… 0.32% 72,580 NS May 31, 2026 N-PORT
CCSO · Tidal Trust II 0.30% 11,314 NS April 30, 2026 N-PORT
TRFM · ETF Series Solutions 0.21% 25,848 NS April 30, 2026 N-PORT
IWO · iShares Trust 0.19% 2,953,243 SH Aug. 8, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.19% 349,171 SH Aug. 8, 2026 Daily
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.18% 107,189 NS April 30, 2026 N-PORT
ZAP · Global X Funds 0.14% 50,753 NS April 30, 2026 N-PORT
VBK · VANGUARD INDEX FUNDS 0.10% 4,595,891 SH Aug. 8, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.10% 1,874,277 SH Aug. 8, 2026 Daily
IWM · iShares Trust 0.10% 8,292,079 SH Aug. 8, 2026 Daily
MADE · iShares Trust 0.06% 4,333 SH Aug. 8, 2026 Daily
RSSL · Global X Funds 0.06% 68,955 NS April 30, 2026 N-PORT
ISCF · iShares Trust 0.06% 221,271 SH Aug. 8, 2026 Daily
ISCV · iShares Trust 0.05% 38,400 SH Aug. 8, 2026 Daily
ITWO · ProShares Trust 0.05% 7,492 NS May 31, 2026 N-PORT
ISCB · iShares Trust 0.05% 14,597 SH Aug. 8, 2026 Daily
ISCG · iShares Trust 0.05% 48,644 SH Aug. 8, 2026 Daily
ESML · iShares Trust 0.04% 133,097 SH Aug. 8, 2026 Daily
BKMC · BNY Mellon ETF Trust 0.04% 21,182 NS April 30, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.04% 735,762 NS May 31, 2026 N-PORT
VB · VANGUARD INDEX FUNDS 0.04% 7,941,099 SH Aug. 8, 2026 Daily
VIS · VANGUARD WORLD FUND 0.04% 364,698 SH Aug. 8, 2026 Daily
PDN · Invesco Exchange-Traded Fund Trust … 0.04% 83,368 SH Aug. 8, 2026 Daily
WSML · iShares Trust 0.04% 49,213 SH Aug. 8, 2026 Daily
GSSC · Goldman Sachs ETF Trust 0.03% 24,533 NS May 31, 2026 N-PORT
FIDU · FIDELITY COVINGTON TRUST 0.03% 50,332 NS April 30, 2026 N-PORT
UWM · ProShares Trust 0.03% 5,859 NS May 31, 2026 N-PORT
PICK · iShares, Inc. 0.03% 379,588 SH Aug. 8, 2026 Daily
URTY · ProShares Trust 0.02% 5,930 NS May 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.02% 2,465,523 SH Aug. 8, 2026 Daily
SCZ · iShares Trust 0.01% 1,109,515 SH Aug. 8, 2026 Daily
VSS · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 1,010,721 SH Aug. 8, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.01% 28,783 SH Aug. 8, 2026 Daily
HDG · ProShares Trust 0.01% 149 NS May 31, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.01% 4,917 NS May 31, 2026 N-PORT
IPAC · iShares Trust 0.01% 112,051 SH Aug. 8, 2026 Daily
TILT · FlexShares Trust 0.01% 10,780 NS April 30, 2026 N-PORT
IWV · iShares Trust 0.00% 86,332 SH Aug. 8, 2026 Daily
ITOT · iShares Trust 0.00% 306,203 SH Aug. 8, 2026 Daily
IYY · iShares Trust 0.00% 9,185 SH Aug. 8, 2026 Daily
SCHB · SCHWAB STRATEGIC TRUST 0.00% 90,699 NS May 31, 2026 N-PORT
IEFA · iShares Trust 0.00% 2,316,370 SH Aug. 8, 2026 Daily
AVUQ · AMERICAN CENTURY ETF TRUST 0.00% 105 NS May 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.00% 11,005,869 SH Aug. 8, 2026 Daily
VXUS · VANGUARD STAR FUNDS 0.00% 4,069,467 SH Aug. 8, 2026 Daily
VPL · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 295,977 SH Aug. 8, 2026 Daily