iShares MSCI India Small-Cap ETF
SMIN
136 hedge funds and large institutions have $509M invested in iShares MSCI India Small-Cap ETF in 2025 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 41 increasing their positions, 44 reducing their positions, and 41 closing their positions.
269% more call options, than puts
Call options by funds: $1.96M | Put options by funds: $531K
7% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 44
3.55% less ownership
Funds ownership: 68.53% → 64.98% (-3.6%)
11% less funds holding
Funds holding: 153 → 136 (-17)
13% less capital invested
Capital invested by funds: $584M → $509M (-$75.2M)
37% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 41
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$48.6M |
| 2 |
Goldman Sachs
New York
|
+$19.2M |
| 3 |
Morgan Stanley
New York
|
+$15.2M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$14.8M |
| 5 |
Millennium Management
New York
|
+$5.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$51.1M |
| 2 |
FP
FFG Partners
Fort Lauderdale,
Florida
|
-$13.1M |
| 3 |
Jane Street
New York
|
-$11.6M |
| 4 |
AWM
Adams Wealth Management
Logan,
Utah
|
-$9.24M |
| 5 |
CI
CacheTech Inc
Logan,
Utah
|
-$9.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Russell Investments Group
London,
United Kingdom
| – | -$612 | -8 | Closed |
|
|
KBFS
177
Kohmann Bosshard Financial Services
Fairlawn,
Ohio
| – | -$76 | -1 | Closed |
|
SMIN Hedge Fund Activity: Q1 2025 in Review
136 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI India Small-Cap ETF (SMIN) for Q1 2025, worth a combined $509M — down 13% from $584M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of SMIN and 26 opened new positions — a net loss of 15 holders — while 44 trimmed existing stakes and 41 added.
The largest buyer was AllianceBernstein, adding an estimated $48.6M. The largest seller was Jennison Associates, exiting entirely with an estimated $51.1M sold.
- 136 institutional investors held iShares MSCI India Small-Cap ETF (SMIN) as of Q1 2025, down from 153 in Q4 2024.
- Funds reported $509M of iShares MSCI India Small-Cap ETF stock for Q1 2025, down 13% quarter-over-quarter.
- 26 funds opened new iShares MSCI India Small-Cap ETF positions in Q1 2025 and 41 closed out, a net change of -15 holders.
- The largest iShares MSCI India Small-Cap ETF buyer in Q1 2025 was AllianceBernstein, an estimated $48.6M added.
- The largest iShares MSCI India Small-Cap ETF seller in Q1 2025 was Jennison Associates, an estimated $51.1M sold.
Based on aggregated 13F filings for Q1 2025.