iShares Russell 2500 ETF
SMMD
120 hedge funds and large institutions have $372M invested in iShares Russell 2500 ETF in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 50 increasing their positions, 43 reducing their positions, and 19 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 43
7% less funds holding
Funds holding: 129 → 120 (-9)
8% less capital invested
Capital invested by funds: $406M → $372M (-$33.7M)
17.57% less ownership
Funds ownership: 74.97% → 57.4% (-18%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
+$17.6M |
| 2 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$11M |
| 3 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$10.6M |
| 4 |
BFG
Berger Financial Group
Plymouth,
Minnesota
|
+$6.39M |
| 5 |
SWPG
Strategic Wealth Partners Group
Deerfield,
Illinois
|
+$3.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFGH
Lee Financial Group Hawaii
Honolulu,
Hawaii
|
-$15.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.88M |
| 3 |
AAG
Armstrong Advisory Group
Needham,
Massachusetts
|
-$4.87M |
| 4 |
PIMC
Praesidium Investment Management Company
New York
|
-$3.87M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$2.26M |
SMMD Hedge Fund Activity: Q1 2023 in Review
120 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares Russell 2500 ETF (SMMD) for Q1 2023, worth a combined $372M — down 8.3% from $406M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SMMD and 12 opened new positions — a net loss of 7 holders — while 43 trimmed existing stakes and 50 added.
The largest buyer was Coldstream Capital Management, adding an estimated $17.6M. The largest seller was Lee Financial Group Hawaii, exiting entirely with an estimated $15.2M sold.
- 120 institutional investors held iShares Russell 2500 ETF (SMMD) as of Q1 2023, down from 129 in Q4 2022.
- Funds reported $372M of iShares Russell 2500 ETF stock for Q1 2023, down 8.3% quarter-over-quarter.
- 12 funds opened new iShares Russell 2500 ETF positions in Q1 2023 and 19 closed out, a net change of -7 holders.
- The largest iShares Russell 2500 ETF buyer in Q1 2023 was Coldstream Capital Management, an estimated $17.6M added.
- The largest iShares Russell 2500 ETF seller in Q1 2023 was Lee Financial Group Hawaii, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2023.