iShares MSCI India Small-Cap ETF
SMIN
64 hedge funds and large institutions have $150M invested in iShares MSCI India Small-Cap ETF in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 23 reducing their positions, and 10 closing their positions.
80% more call options, than puts
Call options by funds: $99K | Put options by funds: $55K
6% less funds holding
Funds holding: 68 → 64 (-4)
7.18% less ownership
Funds ownership: 65.7% → 58.52% (-7.2%)
27% less capital invested
Capital invested by funds: $205M → $150M (-$56M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
48% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Randolph Company
Cincinnati,
Ohio
|
+$7.12M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.54M |
| 3 |
Morgan Stanley
New York
|
+$1.76M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.46M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$20.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.99M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$6.96M |
| 4 |
Jane Street
New York
|
-$4.85M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$3.84M |
SMIN Hedge Fund Activity: Q1 2023 in Review
64 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI India Small-Cap ETF (SMIN) for Q1 2023, worth a combined $150M — down 27% from $205M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SMIN and 7 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 12 added.
The largest buyer was Randolph Company, opening a new position worth an estimated $7.12M. The largest seller was Kayne Anderson Rudnick Investment Management, exiting entirely with an estimated $20.6M sold.
- 64 institutional investors held iShares MSCI India Small-Cap ETF (SMIN) as of Q1 2023, down from 68 in Q4 2022.
- Funds reported $150M of iShares MSCI India Small-Cap ETF stock for Q1 2023, down 27% quarter-over-quarter.
- 7 funds opened new iShares MSCI India Small-Cap ETF positions in Q1 2023 and 10 closed out, a net change of -3 holders.
- The largest iShares MSCI India Small-Cap ETF buyer in Q1 2023 was Randolph Company, an estimated $7.12M added.
- The largest iShares MSCI India Small-Cap ETF seller in Q1 2023 was Kayne Anderson Rudnick Investment Management, an estimated $20.6M sold.
Based on aggregated 13F filings for Q1 2023.