CTC 13F: Exits Super Micro Computer (SMCI) Stake

CTC has fully exited its investment in Super Micro Computer, Inc. (NasdaqGS: SMCI). According to its latest Form 13F filing with the SEC for the period ending May 21, 2026, the firm sold off its entire position of 149,085 shares. This move represents a 100% reduction in its holding. Because 13F filings are backward-looking and reflect holdings as of the reporting date, this may not represent the firm's current market position.

CTC Closes Out SMCI Holding

Prior to this transaction, CTC held 149,085 shares of the computer hardware company. By selling the entire block, the firm has completely removed Super Micro Computer from its reported portfolio. The liquidation comes at a time when the broader market has been closely watching the AI infrastructure sector for signs of cooling or continued expansion. The filing did not specify the exact dollar value at the time of the sale, but it marks a definitive exit for the fund.

Super Micro Computer Stock Performance

On this Saturday, Super Micro Computer shares are priced at $30.46. The stock has experienced significant volatility over the past year, trading as low as $19.48 and as high as $56.60. Currently, the price is hovering below its 50-day moving average of $38.62 but remains relatively close to its 200-day moving average of $32.46. With a price-to-earnings (P/E) ratio of 10.76, the market is valuing the company at roughly 10 times its trailing earnings. This is notably lower than many of its peers in the high-growth technology sector.

Recent Earnings Growth

Super Micro Computer has seen substantial expansion in its top line, reporting revenue of $39.06 billion with a growth rate of 93.2%. The company's profitability remains steady with a net margin of 5.71% and a return on equity (ROE) of 21.47%. Earnings per share (EPS) currently stand at $3.26. Investors are looking toward November 3, 2026, when the company is scheduled to release its next quarterly financial results to see if it can maintain this pace of revenue growth.

Analysts Set New Price Targets

Wall Street firms have been active in adjusting their expectations for the stock recently. On October 8, 2026, Citigroup maintained a Neutral rating but raised its price target to $45.00 from $39.00. Mizuho followed suit on October 6, 2026, keeping a Neutral rating while lifting its target from $35.00 to $43.00. Other firms are more cautious; Goldman Sachs maintained a Sell rating on August 12, 2026, with a target of $34.00. Overall, the consensus among 15 analysts is a Hold, with a mean price target of $42.27, suggesting some potential upside from current levels.

Server Solutions for the AI Era

Super Micro Computer, based in San Jose, California, is a major player in the high-performance server market. The company designs and builds specialized hardware used in large data centers, with a heavy focus on systems that support artificial intelligence, cloud computing, and 5G networking. Its modular approach allows it to quickly adapt to new chips from makers like Nvidia and AMD, which has made it a central figure in the recent AI infrastructure build-out.

What's Ahead for SMCI

While CTC has moved to the sidelines, the market will be watching to see if other institutional investors follow suit or if they see the current price as a buying opportunity. The upcoming earnings report in November will be a critical catalyst for the stock, providing clarity on whether the demand for AI servers continues to justify the company's massive revenue growth. As always, these 13F filings provide a snapshot of the past rather than a real-time view of fund activity.