Bahl & Gaynor Small/Mid Cap Income Growth ETF
SMIG
59 hedge funds and large institutions have $730M invested in Bahl & Gaynor Small/Mid Cap Income Growth ETF in 2025 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
13% more funds holding
Funds holding: 52 → 59 (+7)
0.08% less ownership
Funds ownership: 64.63% → 64.55% (-0.08%)
5% less capital invested
Capital invested by funds: $769M → $730M (-$38.9M)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.2M |
| 2 |
Two Sigma Investments
New York
|
+$2.03M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.58M |
| 4 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
+$1.34M |
| 5 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$8M |
| 2 |
IWA
Integrity Wealth Advisors
Ventura,
California
|
-$7.37M |
| 3 |
Morgan Stanley
New York
|
-$3.94M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.29M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$3.14M |
SMIG Hedge Fund Activity: Q4 2025 in Review
59 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) for Q4 2025, worth a combined $730M — down 5.1% from $769M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SMIG positions and 6 closed out — a net gain of 8 holders — while 18 added to existing stakes and 20 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.2M. The largest seller was UBS Group, cutting an estimated $8M.
- 59 institutional investors held Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) as of Q4 2025, up from 52 in Q3 2025.
- Funds reported $730M of Bahl & Gaynor Small/Mid Cap Income Growth ETF stock for Q4 2025, down 5.1% quarter-over-quarter.
- 14 funds opened new Bahl & Gaynor Small/Mid Cap Income Growth ETF positions in Q4 2025 and 6 closed out, a net change of +8 holders.
- The largest Bahl & Gaynor Small/Mid Cap Income Growth ETF buyer in Q4 2025 was Wells Fargo, an estimated $2.2M added.
- The largest Bahl & Gaynor Small/Mid Cap Income Growth ETF seller in Q4 2025 was UBS Group, an estimated $8M sold.
Based on aggregated 13F filings for Q4 2025.