iShares Russell 2500 ETF
SMMD
193 hedge funds and large institutions have $1.35B invested in iShares Russell 2500 ETF in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 88 increasing their positions, 54 reducing their positions, and 15 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 54
16% more capital invested
Capital invested by funds: $1.16B → $1.35B (+$189M)
2.22% more ownership
Funds ownership: 76.48% → 78.7% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less funds holding
Funds holding: 198 → 193 (-5)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Glenmede Investment Management
Philadelphia,
Pennsylvania
|
+$33.8M |
| 2 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
+$23.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.29M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$7.45M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.4M |
| 2 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
-$3.92M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.13M |
| 4 |
HCA
Harbor Capital Advisors
Chicago,
Illinois
|
-$3.06M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.55M |
SMMD Hedge Fund Activity: Q3 2025 in Review
193 of the 7,639 institutional investors tracked by Wall St. Rank reported a position in iShares Russell 2500 ETF (SMMD) for Q3 2025, worth a combined $1.35B — up 16% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SMMD and 12 opened new positions — a net loss of 3 holders — while 54 trimmed existing stakes and 88 added.
The largest buyer was Glenmede Investment Management, adding an estimated $33.8M. The largest seller was Susquehanna International Group, cutting an estimated $4.4M.
- 193 institutional investors held iShares Russell 2500 ETF (SMMD) as of Q3 2025, down from 198 in Q2 2025.
- Funds reported $1.35B of iShares Russell 2500 ETF stock for Q3 2025, up 16% quarter-over-quarter.
- 12 funds opened new iShares Russell 2500 ETF positions in Q3 2025 and 15 closed out, a net change of -3 holders.
- The largest iShares Russell 2500 ETF buyer in Q3 2025 was Glenmede Investment Management, an estimated $33.8M added.
- The largest iShares Russell 2500 ETF seller in Q3 2025 was Susquehanna International Group, an estimated $4.4M sold.
Based on aggregated 13F filings for Q3 2025.