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T. Rowe Price Small-Mid Cap ETF

130 hedge funds and large institutions have $949M invested in T. Rowe Price Small-Mid Cap ETF in 2025 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 62 increasing their positions, 27 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

367% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 6

130% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 27

36% more capital invested

Capital invested by funds: $697M → $949M (+$251M)

20% more funds holding

Funds holding: 108130 (+22)

6.62% more ownership

Funds ownership: 74.53%81.14% (+6.6%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

Holders
130
Holders Change
+22
Holders Change %
+20.37%
% of All Funds
1.58%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
28
Increased
62
Reduced
27
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
26
Envestnet Asset Management
Illinois
$5.72M -$505K -14,245 -8%
OIA
27
OneDigital Investment Advisors
Kansas
$5.64M -$151K -4,250 -3%
SWP
28
Stratos Wealth Partners
Ohio
$5.19M -$50.8K -1,432 -1%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$4.68M +$914K +25,760 +25%
BCMIO
30
Beacon Capital Management Inc (Ohio)
Ohio
$4.66M -$2.16M -60,843 -32%
CF
31
Centaurus Financial
California
$4.62M -$668K -18,828 -13%
FHA
32
Flagship Harbor Advisors
Massachusetts
$4.59M +$17K +480 +0.4%
MML Investors Services
33
MML Investors Services
Massachusetts
$4.54M +$178K +5,026 +4%
GRP
34
Global Retirement Partners
California
$4.36M +$361K +10,165 +9%
PP
35
Pearl Planning
Michigan
$4.12M +$4.07M +114,775 New
EFS
36
Essex Financial Services
Connecticut
$3.79M +$579K +16,327 +18%
AW
37
Atlas Wealth
Ohio
$3.73M +$1.12M +31,581 +44%
FFA
38
Farther Finance Advisors
California
$3.6M -$318K -8,953 -8%
VFPW
39
Vantage Financial Partners (Wisconsin)
Wisconsin
$3.51M +$75.5K +2,129 +2%
GSIAS
40
Garden State Investment Advisory Services
New Jersey
$3.38M +$1.02M +28,737 +44%
SN
41
Sittner & Nelson
Oregon
$3.04M +$432K +12,190 +19%
NA
42
NewEdge Advisors
Louisiana
$2.71M +$2.64M +74,514 +7,422%
SPIA
43
Steward Partners Investment Advisory
New York
$2.53M +$451K +12,707 +22%
HighTower Advisors
44
HighTower Advisors
Illinois
$2.28M +$42.2K +1,189 +2%
Natixis Advisors
45
Natixis Advisors
Massachusetts
$1.94M +$1.49M +41,964 +347%
PA
46
PFG Advisors
Arizona
$1.93M -$22.7K -640 -1%
HWMO
47
Heritage Wealth Management (Ohio)
Ohio
$1.76M +$413K +11,641 +31%
DC
48
Dahring Cusmano
Michigan
$1.57M -$3.44K -97 -0.2%
AI
49
Atria Investments
North Carolina
$1.47M -$32.8K -925 -2%
GSWM
50
Golden State Wealth Management
California
$1.27M +$1.26M +35,424 New

TMSL Hedge Fund Activity: Q4 2025 in Review

130 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in T. Rowe Price Small-Mid Cap ETF (TMSL) for Q4 2025, worth a combined $949M — up 36% from $697M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new TMSL positions and 6 closed out — a net gain of 22 holders — while 62 added to existing stakes and 27 trimmed.

The largest buyer was LPL Financial, adding an estimated $70.4M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $5.52M.

  • 130 institutional investors held T. Rowe Price Small-Mid Cap ETF (TMSL) as of Q4 2025, up from 108 in Q3 2025.
  • Funds reported $949M of T. Rowe Price Small-Mid Cap ETF stock for Q4 2025, up 36% quarter-over-quarter.
  • 28 funds opened new T. Rowe Price Small-Mid Cap ETF positions in Q4 2025 and 6 closed out, a net change of +22 holders.
  • The largest T. Rowe Price Small-Mid Cap ETF buyer in Q4 2025 was LPL Financial, an estimated $70.4M added.
  • The largest T. Rowe Price Small-Mid Cap ETF seller in Q4 2025 was Northwestern Mutual Wealth Management, an estimated $5.52M sold.

Based on aggregated 13F filings for Q4 2025.