iShares US Small Cap Equity Factor ETF
SMLF
115 hedge funds and large institutions have $615M invested in iShares US Small Cap Equity Factor ETF in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 34 increasing their positions, 38 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
13% more funds holding
Funds holding: 102 → 115 (+13)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
11% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 38
14.28% less ownership
Funds ownership: 97.14% → 82.85% (-14%)
27% less capital invested
Capital invested by funds: $846M → $615M (-$231M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UWPG
Ullmann Wealth Partners Group
Jacksonville Beach,
Florida
|
+$7.87M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.93M |
| 3 |
AIM
Acropolis Investment Management
St. Louis,
Missouri
|
+$2.72M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.66M |
| 5 |
PFBT
Parkside Financial Bank & Trust
Saint Louis,
Missouri
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$107M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
-$105M |
| 3 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$4.27M |
| 4 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$3.57M |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$2.53M |
SMLF Hedge Fund Activity: Q3 2023 in Review
115 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in iShares US Small Cap Equity Factor ETF (SMLF) for Q3 2023, worth a combined $615M — down 27% from $846M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SMLF positions and 9 closed out — a net gain of 13 holders — while 34 added to existing stakes and 38 trimmed.
The largest buyer was Ullmann Wealth Partners Group, adding an estimated $7.87M. The largest seller was Envestnet Asset Management, cutting an estimated $107M.
- 115 institutional investors held iShares US Small Cap Equity Factor ETF (SMLF) as of Q3 2023, up from 102 in Q2 2023.
- Funds reported $615M of iShares US Small Cap Equity Factor ETF stock for Q3 2023, down 27% quarter-over-quarter.
- 22 funds opened new iShares US Small Cap Equity Factor ETF positions in Q3 2023 and 9 closed out, a net change of +13 holders.
- The largest iShares US Small Cap Equity Factor ETF buyer in Q3 2023 was Ullmann Wealth Partners Group, an estimated $7.87M added.
- The largest iShares US Small Cap Equity Factor ETF seller in Q3 2023 was Envestnet Asset Management, an estimated $107M sold.
Based on aggregated 13F filings for Q3 2023.