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T. Rowe Price Small-Mid Cap ETF

96 hedge funds and large institutions have $587M invested in T. Rowe Price Small-Mid Cap ETF in 2025 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 49 increasing their positions, 25 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

96% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 25

30% more capital invested

Capital invested by funds: $452M → $587M (+$134M)

1.44% more ownership

Funds ownership: 69.2%70.63% (+1.4%)

3% less funds holding

Funds holding: 9996 (-3)

20% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 15

Holders
96
Holders Change
-3
Holders Change %
-3.03%
% of All Funds
1.26%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
12
Increased
49
Reduced
25
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$173M +$34.4M +1,119,777 +27%
LPL Financial
2
LPL Financial
California
$52.2M +$12.8M +416,352 +35%
Raymond James Financial
3
Raymond James Financial
Florida
$30M -$2.38M -77,412 -8%
CAPTRUST Financial Advisors
4
CAPTRUST Financial Advisors
North Carolina
$27.8M +$9.24M +300,967 +55%
WG
5
Watchman Group
Texas
$26.4M +$1.16M +37,628 +5%
Wealth Enhancement Advisory Services
6
Wealth Enhancement Advisory Services
Minnesota
$26.2M +$1.75M +57,043 +8%
SFA
7
Souders Financial Advisors
Ohio
$16.2M +$1.22M +39,853 +9%
CWM
8
CMH Wealth Management
New Hampshire
$16M +$15M +489,121 New
UBS Group
9
UBS Group
Switzerland
$15.5M +$3.79M +123,367 +35%
Osaic Holdings
10
Osaic Holdings
Arizona
$14.2M +$6.1M +198,446 +85%
Northwestern Mutual Wealth Management
11
Northwestern Mutual Wealth Management
Wisconsin
$13.3M +$3.02M +98,411 +32%
AC
12
Asio Capital
Kentucky
$12.4M +$4.68M +152,230 +68%
Cetera Investment Advisers
13
Cetera Investment Advisers
Illinois
$11M +$1.86M +60,506 +22%
Wells Fargo
14
Wells Fargo
California
$10.1M -$43.9K -1,429 -0.5%
DADC
15
D.A. Davidson & Co
Montana
$9.08M +$8.28M +269,742 +3,743%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$8.5M +$690K +22,450 +9%
PAG
17
Private Advisor Group
New Jersey
$8.35M +$838K +27,274 +12%
Jones Financial Companies
18
Jones Financial Companies
Missouri
$7.83M +$4.94M +161,001 +207%
Corient Private Wealth
19
Corient Private Wealth
Florida
$7.76M +$253K +8,222 +4%
FHA
20
Flagship Harbor Advisors
Massachusetts
$7.05M +$1.87M +60,724 +39%
OIA
21
OneDigital Investment Advisors
Kansas
$5.31M +$72.8K +2,369 +1%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$5.29M +$98.8K +3,217 +2%
AWS
23
Atria Wealth Solutions
New York
$4.78M -$658K -21,436 -13%
SWP
24
Stratos Wealth Partners
Ohio
$4.77M +$70.8K +2,304 +2%
AIM
25
Astor Investment Management
Illinois
$4.63M -$156K -5,092 -3%

TMSL Hedge Fund Activity: Q2 2025 in Review

96 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in T. Rowe Price Small-Mid Cap ETF (TMSL) for Q2 2025, worth a combined $587M — up 30% from $452M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of TMSL and 12 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 49 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $34.4M. The largest seller was MML Investors Services, cutting an estimated $8.27M.

  • 96 institutional investors held T. Rowe Price Small-Mid Cap ETF (TMSL) as of Q2 2025, down from 99 in Q1 2025.
  • Funds reported $587M of T. Rowe Price Small-Mid Cap ETF stock for Q2 2025, up 30% quarter-over-quarter.
  • 12 funds opened new T. Rowe Price Small-Mid Cap ETF positions in Q2 2025 and 15 closed out, a net change of -3 holders.
  • The largest T. Rowe Price Small-Mid Cap ETF buyer in Q2 2025 was T. Rowe Price Associates, an estimated $34.4M added.
  • The largest T. Rowe Price Small-Mid Cap ETF seller in Q2 2025 was MML Investors Services, an estimated $8.27M sold.

Based on aggregated 13F filings for Q2 2025.