iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
121 hedge funds and large institutions have $206M invested in iShares MSCI USA Small-Cap Min Vol Factor ETF in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 39 increasing their positions, 43 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 43
2% less funds holding
Funds holding: 124 → 121 (-3)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
12.75% less ownership
Funds ownership: 76.07% → 63.32% (-13%)
14% less capital invested
Capital invested by funds: $240M → $206M (-$33.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.65M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.27M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.9M |
| 4 |
HF
HRT Financial
New York
|
+$519K |
| 5 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
+$375K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$17.5M |
| 2 |
Mariner
Overland Park,
Kansas
|
-$16.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.13M |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
-$1.86M |
| 5 |
Goldman Sachs
New York
|
-$1.01M |
SMMV Hedge Fund Activity: Q3 2025 in Review
121 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) for Q3 2025, worth a combined $206M — down 14% from $240M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SMMV and 9 opened new positions — a net loss of 1 holder — while 43 trimmed existing stakes and 39 added.
The largest buyer was Kestra Advisory Services, adding an estimated $2.65M. The largest seller was Envestnet Asset Management, cutting an estimated $17.5M.
- 121 institutional investors held iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) as of Q3 2025, down from 124 in Q2 2025.
- Funds reported $206M of iShares MSCI USA Small-Cap Min Vol Factor ETF stock for Q3 2025, down 14% quarter-over-quarter.
- 9 funds opened new iShares MSCI USA Small-Cap Min Vol Factor ETF positions in Q3 2025 and 10 closed out, a net change of -1 holder.
- The largest iShares MSCI USA Small-Cap Min Vol Factor ETF buyer in Q3 2025 was Kestra Advisory Services, an estimated $2.65M added.
- The largest iShares MSCI USA Small-Cap Min Vol Factor ETF seller in Q3 2025 was Envestnet Asset Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q3 2025.