Bahl & Gaynor Small/Mid Cap Income Growth ETF
SMIG
52 hedge funds and large institutions have $769M invested in Bahl & Gaynor Small/Mid Cap Income Growth ETF in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 11 reducing their positions, and 11 closing their positions.
173% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 11
11% more capital invested
Capital invested by funds: $692M → $769M (+$77.2M)
2.81% more ownership
Funds ownership: 61.82% → 64.63% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 56 → 52 (-4)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$23.1M |
| 2 |
Morgan Stanley
New York
|
+$15.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.99M |
| 4 |
GAM
Gotham Asset Management
New York
|
+$5.02M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$4.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFG
Independent Financial Group
San Diego,
California
|
-$7.78M |
| 2 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$1.86M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.01M |
| 4 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$945K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$847K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AFWM
51
Abich Financial Wealth Management
Ashburn,
Virginia
| $2.04K | +$2.04K | +69 | New |
|
|
OSAM
52
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $1.69K | +$1.68K | +57 | New |
|
|
IFG
53
Independent Financial Group
San Diego,
California
| – | -$7.78M | -269,775 | Closed |
|
|
KAS
54
Kestra Advisory Services
Austin,
Texas
| – | -$1.01M | -34,874 | Closed |
|
|
GIA
55
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
| – | -$945K | -32,752 | Closed |
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$603K | -20,884 | Closed |
|
57
D.E. Shaw & Co
New York
| – | -$391K | -13,541 | Closed |
|
|
MOS
58
MGO One Seven
Beachwood,
Ohio
| – | -$324K | -11,225 | Closed |
|
59
William Blair & Company
Chicago,
Illinois
| – | -$271K | -9,378 | Closed |
|
|
CL
60
COWA LLC
Tulsa,
Oklahoma
| – | -$232K | -8,034 | Closed |
|
|
CFD
61
Creative Financial Designs
Kokomo,
Indiana
| – | -$58.4K | -2,024 | Closed |
|
62
BlackRock
New York
| – | -$13.4K | -465 | Closed |
|
|
BIG
63
Brooklyn Investment Group
Brooklyn,
New York
| – | -$12.6K | -436 | Closed |
|
SMIG Hedge Fund Activity: Q3 2025 in Review
52 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) for Q3 2025, worth a combined $769M — up 11% from $692M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SMIG and 7 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 30 added.
The largest buyer was Bank of America, adding an estimated $23.1M. The largest seller was Independent Financial Group, exiting entirely with an estimated $7.78M sold.
- 52 institutional investors held Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) as of Q3 2025, down from 56 in Q2 2025.
- Funds reported $769M of Bahl & Gaynor Small/Mid Cap Income Growth ETF stock for Q3 2025, up 11% quarter-over-quarter.
- 7 funds opened new Bahl & Gaynor Small/Mid Cap Income Growth ETF positions in Q3 2025 and 11 closed out, a net change of -4 holders.
- The largest Bahl & Gaynor Small/Mid Cap Income Growth ETF buyer in Q3 2025 was Bank of America, an estimated $23.1M added.
- The largest Bahl & Gaynor Small/Mid Cap Income Growth ETF seller in Q3 2025 was Independent Financial Group, an estimated $7.78M sold.
Based on aggregated 13F filings for Q3 2025.