T. Rowe Price Small-Mid Cap ETF
TMSL
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.
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: 108 → 130 (+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: 4 → 4 (0)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KFG
126
Kingdom Financial Group
Peoria,
Arizona
| $8.22K | +$8.12K | +229 | New |
|
|
CA
127
Clearstead Advisors
Cleveland,
Ohio
| $7.14K | – | – | – |
|
|
TC
128
Trust Company
Manhattan,
Kansas
| $3.3K | +$3.26K | +92 | New |
|
|
NA
129
Networth Advisors
Canonsburg,
Pennsylvania
| $754 | +$745 | +21 | New |
|
|
SWP
130
Strategic Wealth Partners
Independence,
Ohio
| $24 | -$41.7K | -1,175 | -100% |
|
|
SWM
131
SFG Wealth Management
Towson,
Maryland
| – | -$1.01M | -28,642 | Closed |
|
|
FTUS
132
Flow Traders U.S.
New York
| – | -$953K | -27,091 | Closed |
|
|
HAS
133
HBW Advisory Services
Simi Valley,
California
| – | -$742K | -21,108 | Closed |
|
134
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$428K | -12,169 | Closed |
|
|
TWC
135
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$168K | -4,799 | Closed |
|
|
ASN
136
Advisory Services Network
Atlanta,
Georgia
| – | -$165K | -4,703 | Closed |
|
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.