iShares US Small Cap Equity Factor ETF
SMLF
237 hedge funds and large institutions have $1.98B invested in iShares US Small Cap Equity Factor ETF in 2025 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 105 increasing their positions, 53 reducing their positions, and 8 closing their positions.
300% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 8
98% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 53
34% more capital invested
Capital invested by funds: $1.48B → $1.98B (+$498M)
12% more funds holding in top 10
Funds holding in top 10: 17 → 19 (+2)
10% more funds holding
Funds holding: 215 → 237 (+22)
2.69% more ownership
Funds ownership: 81.68% → 84.38% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VA
Valmark Advisers
Akron,
Ohio
|
+$49.4M |
| 2 |
VIA
Vantagepoint Investment Advisers
Washington,
District of Columbia
|
+$47.7M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$35M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$22M |
| 5 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.92M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$3.62M |
| 3 |
UWPG
Ullmann Wealth Partners Group
Jacksonville Beach,
Florida
|
-$2.33M |
| 4 |
Jane Street
New York
|
-$1.99M |
| 5 |
LWA
LifeGoal Wealth Advisors
Saratoga Springs,
New York
|
-$1.68M |
SMLF Hedge Fund Activity: Q3 2025 in Review
237 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in iShares US Small Cap Equity Factor ETF (SMLF) for Q3 2025, worth a combined $1.98B — up 34% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SMLF positions and 8 closed out — a net gain of 24 holders — while 105 added to existing stakes and 53 trimmed.
The largest buyer was Valmark Advisers, adding an estimated $49.4M. The largest seller was Envestnet Asset Management, cutting an estimated $6.92M.
- 237 institutional investors held iShares US Small Cap Equity Factor ETF (SMLF) as of Q3 2025, up from 215 in Q2 2025.
- Funds reported $1.98B of iShares US Small Cap Equity Factor ETF stock for Q3 2025, up 34% quarter-over-quarter.
- 32 funds opened new iShares US Small Cap Equity Factor ETF positions in Q3 2025 and 8 closed out, a net change of +24 holders.
- The largest iShares US Small Cap Equity Factor ETF buyer in Q3 2025 was Valmark Advisers, an estimated $49.4M added.
- The largest iShares US Small Cap Equity Factor ETF seller in Q3 2025 was Envestnet Asset Management, an estimated $6.92M sold.
Based on aggregated 13F filings for Q3 2025.