iShares MSCI India Small-Cap ETF
SMIN
110 hedge funds and large institutions have $337M invested in iShares MSCI India Small-Cap ETF in 2026 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 42 reducing their positions, and 25 closing their positions.
3.27% less ownership
Funds ownership: 59.15% → 55.88% (-3.3%)
15% less funds holding
Funds holding: 129 → 110 (-19)
23% less capital invested
Capital invested by funds: $438M → $337M (-$101M)
24% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 42
68% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$11.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.85M |
| 3 |
CA
Crumly & Associates
Springfield,
Illinois
|
+$5.35M |
| 4 |
Man Group
London,
United Kingdom
|
+$4.06M |
| 5 |
MFG
Mainsail Financial Group
Bellevue,
Washington
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$14.4M |
| 2 |
Jane Street
New York
|
-$12.6M |
| 3 |
RC
Randolph Company
Cincinnati,
Ohio
|
-$9.86M |
| 4 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$9.79M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$8.37M |
SMIN Hedge Fund Activity: Q1 2026 in Review
110 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI India Small-Cap ETF (SMIN) for Q1 2026, worth a combined $337M — down 23% from $438M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SMIN and 8 opened new positions — a net loss of 17 holders — while 42 trimmed existing stakes and 32 added.
The largest buyer was Susquehanna International Group, adding an estimated $11.6M. The largest seller was State Street, exiting entirely with an estimated $14.4M sold.
- 110 institutional investors held iShares MSCI India Small-Cap ETF (SMIN) as of Q1 2026, down from 129 in Q4 2025.
- Funds reported $337M of iShares MSCI India Small-Cap ETF stock for Q1 2026, down 23% quarter-over-quarter.
- 8 funds opened new iShares MSCI India Small-Cap ETF positions in Q1 2026 and 25 closed out, a net change of -17 holders.
- The largest iShares MSCI India Small-Cap ETF buyer in Q1 2026 was Susquehanna International Group, an estimated $11.6M added.
- The largest iShares MSCI India Small-Cap ETF seller in Q1 2026 was State Street, an estimated $14.4M sold.
Based on aggregated 13F filings for Q1 2026.