iShares MSCI India Small-Cap ETF
SMIN
129 hedge funds and large institutions have $438M invested in iShares MSCI India Small-Cap ETF in 2025 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 44 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
4% more funds holding
Funds holding: 124 → 129 (+5)
3.62% more ownership
Funds ownership: 55.53% → 59.15% (+3.6%)
0% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 44
12% less capital invested
Capital invested by funds: $498M → $438M (-$60.1M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$14.9M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$10.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$7.43M |
| 4 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$6.6M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$34.7M |
| 2 |
BlackRock
New York
|
-$12.5M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$9.79M |
| 4 |
Morgan Stanley
New York
|
-$8.49M |
| 5 |
Jane Street
New York
|
-$8.47M |
SMIN Hedge Fund Activity: Q4 2025 in Review
129 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI India Small-Cap ETF (SMIN) for Q4 2025, worth a combined $438M — down 12% from $498M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SMIN positions and 11 closed out — a net gain of 9 holders — while 44 added to existing stakes and 44 trimmed.
The largest buyer was State Street, opening a new position worth an estimated $14.9M. The largest seller was Goldman Sachs, cutting an estimated $34.7M.
- 129 institutional investors held iShares MSCI India Small-Cap ETF (SMIN) as of Q4 2025, up from 124 in Q3 2025.
- Funds reported $438M of iShares MSCI India Small-Cap ETF stock for Q4 2025, down 12% quarter-over-quarter.
- 20 funds opened new iShares MSCI India Small-Cap ETF positions in Q4 2025 and 11 closed out, a net change of +9 holders.
- The largest iShares MSCI India Small-Cap ETF buyer in Q4 2025 was State Street, an estimated $14.9M added.
- The largest iShares MSCI India Small-Cap ETF seller in Q4 2025 was Goldman Sachs, an estimated $34.7M sold.
Based on aggregated 13F filings for Q4 2025.