Inspire Small/Mid Cap Impact ETF
ISMD
50 hedge funds and large institutions have $94.8M invested in Inspire Small/Mid Cap Impact ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 7 closing their positions.
8% more capital invested
Capital invested by funds: $87.5M → $94.8M (+$7.29M)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
2% less funds holding
Funds holding: 51 → 50 (-1)
4.19% less ownership
Funds ownership: 73.59% → 69.4% (-4.2%)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Inspire Advisors
Meridian,
Idaho
|
+$8.74M |
| 2 |
PFG
PAX Financial Group
San Antonio,
Texas
|
+$1.27M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$640K |
| 4 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$348K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
II
Inspire Investing
Meridian,
Idaho
|
-$5.23M |
| 2 |
Jane Street
New York
|
-$821K |
| 3 |
LI
LVZ Inc
Holland,
Michigan
|
-$298K |
| 4 |
VFA
Values First Advisors
Gray,
Tennessee
|
-$214K |
| 5 |
FAM
Frontier Asset Management
Sheridan,
Wyoming
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| $20 | -$32 | -1 | Closed |
|
|
52
Jane Street
New York
| – | -$821K | -27,253 | Closed |
|
|
FAM
53
Frontier Asset Management
Sheridan,
Wyoming
| – | -$208K | -6,897 | Closed |
|
|
NA
54
NewEdge Advisors
New Orleans,
Louisiana
| – | -$41 | -1,375 | Closed |
|
|
FA
55
Fiduciary Alliance
Greenville,
South Carolina
| – | -$5.57K | -185 | Closed |
|
|
CAS
56
Coppell Advisory Solutions
Coppell,
Texas
| – | -$120 | -4 | Closed |
|
|
CASC
57
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$120 | -4 | Closed |
|
ISMD Hedge Fund Activity: Q1 2023 in Review
50 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Inspire Small/Mid Cap Impact ETF (ISMD) for Q1 2023, worth a combined $94.8M — up 8.3% from $87.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ISMD and 6 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 17 added.
The largest buyer was Inspire Advisors, adding an estimated $8.74M. The largest seller was Inspire Investing, cutting an estimated $5.23M.
- 50 institutional investors held Inspire Small/Mid Cap Impact ETF (ISMD) as of Q1 2023, down from 51 in Q4 2022.
- Funds reported $94.8M of Inspire Small/Mid Cap Impact ETF stock for Q1 2023, up 8.3% quarter-over-quarter.
- 6 funds opened new Inspire Small/Mid Cap Impact ETF positions in Q1 2023 and 7 closed out, a net change of -1 holder.
- The largest Inspire Small/Mid Cap Impact ETF buyer in Q1 2023 was Inspire Advisors, an estimated $8.74M added.
- The largest Inspire Small/Mid Cap Impact ETF seller in Q1 2023 was Inspire Investing, an estimated $5.23M sold.
Based on aggregated 13F filings for Q1 2023.