ALPS O'Shares US Small-Cap Quality Dividend ETF
OUSM
125 hedge funds and large institutions have $548M invested in ALPS O'Shares US Small-Cap Quality Dividend ETF in 2026 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 40 increasing their positions, 48 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
0% more funds holding
Funds holding: 125 → 125 (0)
2.65% less ownership
Funds ownership: 65.65% → 63% (-2.6%)
7% less capital invested
Capital invested by funds: $591M → $548M (-$42.7M)
17% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 48
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$4.37M |
| 2 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
+$2.55M |
| 3 |
BMWS
Brady Martz Wealth Solutions
Grand Forks,
North Dakota
|
+$2.55M |
| 4 |
HIC
Hamrick Investment Counsel
Seattle,
Washington
|
+$1.9M |
| 5 |
Goldman Sachs
New York
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$15.7M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$11.2M |
| 3 |
FSA
Financial Services Advisory
Rockville,
Maryland
|
-$7.24M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.59M |
| 5 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$2.79M |
OUSM Hedge Fund Activity: Q1 2026 in Review
125 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in ALPS O'Shares US Small-Cap Quality Dividend ETF (OUSM) for Q1 2026, worth a combined $548M — down 7.2% from $591M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new OUSM positions and 11 closed out — a net gain of 3 holders — while 40 added to existing stakes and 48 trimmed.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $4.37M. The largest seller was Ameriprise, cutting an estimated $15.7M.
- 125 institutional investors held ALPS O'Shares US Small-Cap Quality Dividend ETF (OUSM) as of Q1 2026, unchanged from Q4 2025.
- Funds reported $548M of ALPS O'Shares US Small-Cap Quality Dividend ETF stock for Q1 2026, down 7.2% quarter-over-quarter.
- 14 funds opened new ALPS O'Shares US Small-Cap Quality Dividend ETF positions in Q1 2026 and 11 closed out, a net change of +3 holders.
- The largest ALPS O'Shares US Small-Cap Quality Dividend ETF buyer in Q1 2026 was Independent Advisor Alliance, an estimated $4.37M added.
- The largest ALPS O'Shares US Small-Cap Quality Dividend ETF seller in Q1 2026 was Ameriprise, an estimated $15.7M sold.
Based on aggregated 13F filings for Q1 2026.