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

CTC recently revealed it has completely exited its investment in Super Micro Computer, Inc. (NasdaqGS: SMCI). According to its latest Form 13F filing with the SEC, the firm sold off its entire stake of 149,085 shares. This liquidation follows a string of similar moves by the fund on May 21, 2026, when it also closed out positions in Upstart Holdings and JD.com.

CTC Liquidates SMCI Holdings

The fund's decision to sell out of Super Micro Computer was a total exit. Before the move, CTC held 149,085 shares. By the end of the reporting period, that count dropped to zero, a 100.0% decrease in the fund's position. This filing gives a snapshot of what the fund owned as of the end of the quarter, and it is important to remember these reports are backward-looking and might not reflect what the firm owns today.

Super Micro Stock Performance

On Friday, shares of Super Micro Computer were priced at $29.55. The stock has been volatile over the past year, reaching as high as $56.60 and dropping as low as $19.48. Right now, the stock is trading a bit below its 200-day moving average of $32.46. With a price-to-earnings (P/E) ratio of 10.8, some investors might see the valuation as lean compared to other high-growth technology names, though the market remains cautious about the hardware sector.

Recent Earnings Growth

Super Micro has seen a massive surge in demand for its products lately. In its most recent financial reports, the company posted revenue of $39.06 billion, which is a 93.2% jump compared to the previous year. It managed to keep a net margin of 5.7% and a return on equity of 21.5%. Investors are looking ahead to November 3, 2026, when the company is expected to release its next set of financial results.

Analysts Set New Price Targets

Several research firms have updated their outlooks on Super Micro recently. On October 8, 2026, Citigroup kept a Neutral rating but bumped its price target up to $45.00. A few days earlier, on October 6, 2026, Mizuho also stayed Neutral while raising its target to $43.00. On August 12, 2026, a wave of updates came through: Barclays maintained an Equal-Weight rating with a $39.00 target, while Goldman Sachs kept a Sell rating and a $34.00 target. Out of 15 analysts covering the stock, the consensus is a hold with a target price of $42.27.

Servers for the AI Era

Super Micro Computer is a major player in the world of high-performance data centers. The San Jose-based company builds the specialized servers and storage systems that run artificial intelligence, cloud computing, and 5G networks. Because it uses a modular design, it can quickly customize systems for big tech companies that need to scale up their AI capabilities. As a partner to major chipmakers, the company has become a central part of the infrastructure supporting the current AI boom.

What to Watch at Super Micro Computer, Inc.

While CTC has moved on from Super Micro, the company's rapid revenue growth suggests it remains a key figure in the technology hardware space. Investors should keep an eye on the November 3 earnings date to see if the company can maintain its margins while keeping up with AI demand. Since 13F filings are delayed, future reports will show if other institutional investors are following CTC's lead or buying the dip.