U.S. Small Cap Portfolio ETF Class Shares
DFAS
758 hedge funds and large institutions have $7.17B invested in U.S. Small Cap Portfolio ETF Class Shares in 2025 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 353 increasing their positions, 215 reducing their positions, and 33 closing their positions.
194% more capital inflows, than outflows
Capital inflows: $696M | Capital outflows: $237M
97% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 33
64% more repeat investments, than reductions
Existing positions increased: 353 | Existing positions reduced: 215
2% more funds holding
Funds holding: 744 → 758 (+14)
0.58% less ownership
Funds ownership: 78.85% → 78.27% (-0.58%)
12% less funds holding in top 10
Funds holding in top 10: 108 → 95 (-13)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$230M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$29.1M |
| 3 |
Financial Consulate
Hunt Valley,
Maryland
|
+$22.8M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$16M |
| 5 |
Root Financial Partners
Encinitas,
California
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Elser Financial Planning
Indianapolis,
Indiana
|
-$45.9M |
| 2 |
Index Fund Advisors
Irvine,
California
|
-$44.5M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$21.1M |
| 4 |
INVST
Indianapolis,
Indiana
|
-$10.3M |
| 5 |
CW
Curio Wealth
Annapolis,
Maryland
|
-$5.46M |
DFAS Hedge Fund Activity: Q1 2025 in Review
758 of the 7,481 institutional investors tracked by Wall St. Rank reported a position in U.S. Small Cap Portfolio ETF Class Shares (DFAS) for Q1 2025, worth a combined $7.17B — down 3.1% from $7.4B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new DFAS positions and 33 closed out — a net gain of 32 holders — while 353 added to existing stakes and 215 trimmed.
The largest buyer was Creative Planning, adding an estimated $230M. The largest seller was Elser Financial Planning, cutting an estimated $45.9M.
- 758 institutional investors held U.S. Small Cap Portfolio ETF Class Shares (DFAS) as of Q1 2025, up from 744 in Q4 2024.
- Funds reported $7.17B of U.S. Small Cap Portfolio ETF Class Shares stock for Q1 2025, down 3.1% quarter-over-quarter.
- 65 funds opened new U.S. Small Cap Portfolio ETF Class Shares positions in Q1 2025 and 33 closed out, a net change of +32 holders.
- The largest U.S. Small Cap Portfolio ETF Class Shares buyer in Q1 2025 was Creative Planning, an estimated $230M added.
- The largest U.S. Small Cap Portfolio ETF Class Shares seller in Q1 2025 was Elser Financial Planning, an estimated $45.9M sold.
Based on aggregated 13F filings for Q1 2025.