Avantis U.S. Small Cap Equity

AVSC • ARCA

Avantis U.S. Small Cap Equity is an exchange-traded fund on ARCA. As of Q3 2025, 171 institutional investors hold shares in this ETF, with total holdings valued at $1.8B. MERCER GLOBAL ADVISORS INC /ADV is the largest holder with a position valued at $806.7M.

Overview

Overview of institutional ownership in AVSC as of Q3 2025

All Institutions

Institutions: 171
Value Held: $1.8B
Shares Held: 29.9M
Avg Position: $10.3M
Median Position: $816.5K

Hedge Funds

Hedge Funds: 1
Value Held: $380.3K
Shares Held: 6.6K
Avg Position: $380.3K
Median Position: $380.3K

Biggest Investors

Institutions with the largest positions in AVSC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	Charles David Welling CEO	$806.7M 1.35% of portfolio	14.1M shares	Q4 2024 Held for 11 months	$59.9B
Mason Investment Advisory Services, Inc. RIA/Wealth	Christopher Lee Schreiner CEO	$201.0M 10.01% of portfolio	3.5M shares	Q1 2023 Held for 2y 8m	$2.0B
W Wealth Management Nebraska Institution	-	$90.1M 10.74% of portfolio	905.3K shares	Q4 2024 Held for 11 months	$838.6M
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	-	$63.4M 0.04% of portfolio	1.1M shares	Q3 2023 Held for 2y 2m	$149.83B
CAMBRIDGE ASSOCIATES LLC /MA/ /ADV Fund of Funds	David Ryan Druley CEO	$48.0M 0.89% of portfolio	837.6K shares	Q1 2024 Held for 1y 8m	$5.4B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$36.6M 0.01% of portfolio	639.7K shares	Q4 2022 Held for 2y 11m	$341.99B
Creative Planning RIA/Wealth	Peter Alex Mallouk CEO	$35.1M 0.03% of portfolio	613.1K shares	Q4 2022 Held for 2y 11m	$130.86B
Elwood & Goetz Wealth Advisory Group, LLC RIA/Wealth	Joseph William Goetz Managing Partner	$33.9M 6.52% of portfolio	592.5K shares	Q1 2023 Held for 2y 8m	$520.3M
AE Wealth Management LLC RIA/Wealth	David James Callanan CEO	$31.7M 0.21% of portfolio	553.7K shares	Q3 2024 Held for 1y 2m	$15.2B
Savant Capital, LLC RIA/Wealth	Brent Raymond Brodeski CEO	$26.6M 0.14% of portfolio	463.9K shares	Q3 2025 Held for 2 months	$18.9B

Net Capital Flow

Institutional buying and selling activity for AVSC in Q3 2025

Traded: +$166.1M
Buyers: 110
Sellers: 53
Total Bought: +$200.7M
Total Sold: −$34.6M
Avg Position: $9.5M

Biggest Buyers

Institution	Net Bought	Current Position
CAMBRIDGE ASSOCIATES LLC /MA/ /ADV Fund of Funds	+$44.8M +782.5K shares	$48.0M 837.6K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$36.6M +-12.0M shares	$36.6M 639.7K shares
Savant Capital, LLC RIA/Wealth	+$26.6M +463.9K shares	$26.6M 463.9K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$19.6M +341.6K shares	$806.7M 14.1M shares
R RETIREMENT FINANCIAL SOLUTIONS, LLC RIA/Wealth	+$16.1M +280.9K shares	$16.1M 280.9K shares
CWM, LLC RIA/Wealth	+$9.8M +171.5K shares	$9.8M 171.5K shares
W Wealth Management Nebraska Institution	+$7.7M +77.5K shares	$90.1M 905.3K shares
Savvy Advisors, Inc. RIA/Wealth	+$6.3M +110.4K shares	$6.3M 110.4K shares
AE Wealth Management LLC RIA/Wealth	+$5.0M +87.6K shares	$31.7M 553.7K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	+$2.9M +51.3K shares	$63.4M 1.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
Simplicity Wealth,LLC RIA/Wealth	−$12.2M −212.9K shares	$11.9M 208.1K shares
Buckingham Strategic Partners RIA/Wealth	−$5.8M −100.6K shares	$1.3M 22.6K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$3.5M −61.9K shares	$506.8K 8.9K shares
K KNIGHTSBRIDGE ASSET MANAGEMENT, LLC Institution	−$1.6M −30.6K shares	Sold Off 0 shares
Farther Finance Advisors, LLC RIA/Wealth	−$1.6M −27.3K shares	$981.0K 17.1K shares
R Resources Investment Advisors, Inc. Pension/Endowment	−$1.5M −26.7K shares	$8.6M 150.0K shares
Eqis Capital Management, Inc. RIA/Wealth	−$1.1M −19.3K shares	$10.0M 175.3K shares
Armis Advisers, LLC RIA/Wealth	−$660.2K −12.8K shares	Sold Off 0 shares
Catalytic Wealth RIA, LLC RIA/Wealth	−$634.9K −12.3K shares	Sold Off 0 shares
F FLOW TRADERS U.S. LLC Institution	−$581.6K −11.3K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited AVSC in Q3 2025

New Positions: 33
New Value: $55.2M
Exited Positions: 14
Exited Value: $5.3M

New Positions

Institution	Position Value
Savant Capital, LLC RIA/Wealth	$26.6M 463.9K shares
R RETIREMENT FINANCIAL SOLUTIONS, LLC RIA/Wealth	$16.1M 280.9K shares
Savvy Advisors, Inc. RIA/Wealth	$6.3M 110.4K shares
StrongBox Wealth, LLC RIA/Wealth	$1.3M 22.8K shares
Summit Financial, LLC RIA/Wealth	$622.7K 10.9K shares
Atomi Financial Group, Inc. RIA/Wealth	$385.1K 6.7K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$380.3K 6.6K shares
A Arlington Financial Advisors, LLC Institution	$320.0K 5.6K shares
Change Path, LLC RIA/Wealth	$285.7K 5.0K shares
B BAYSHORE ASSET MANAGEMENT, LLC Institution	$267.0K 4.7K shares

Exited Positions

Institution	Previous Position
K KNIGHTSBRIDGE ASSET MANAGEMENT, LLC Institution	$1.6M 30.6K shares
Armis Advisers, LLC RIA/Wealth	$660.2K 12.8K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$634.9K 12.3K shares
F FLOW TRADERS U.S. LLC Institution	$581.6K 11.3K shares
S Stephens Consulting, LLC RIA/Wealth	$563.0K 10.9K shares
L Lion Street Advisors, LLC RIA/Wealth	$475.2K 9.2K shares
McElhenny Sheffield Capital Management, LLC Long Only Manager	$339.8K 3.7K shares
F FIRST NATIONAL BANK SIOUX FALLS Institution	$218.8K 4.2K shares
Park Square Financial Group, LLC RIA/Wealth	$105.5K 2.0K shares
UBS Group AG Institution	$86.5K 1.7K shares

Options Activity

Institutions with the largest Call and Put options positions in AVSC as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with AVSC as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
W Wealth Management Nebraska Institution	-	10.74% $90.1M	905.3K shares	Q4 2024 Held for 11 months	$838.6M
Mason Investment Advisory Services, Inc. RIA/Wealth	Christopher Lee Schreiner CEO	10.01% $201.0M	3.5M shares	Q1 2023 Held for 2y 8m	$2.0B
R RETIREMENT FINANCIAL SOLUTIONS, LLC RIA/Wealth	Clark Calvin Shofner Managing Partner	9.83% $16.1M	280.9K shares	Q3 2025 Held for 2 months	$163.7M
Elwood & Goetz Wealth Advisory Group, LLC RIA/Wealth	Joseph William Goetz Managing Partner	6.52% $33.9M	592.5K shares	Q1 2023 Held for 2y 8m	$520.3M
Wheelhouse Advisory Group LLC RIA/Wealth	Rishi Ghosh Managing Partner	6.43% $14.9M	149.9K shares	Q4 2023 Held for 1y 11m	$232.2M
WEST PACES ADVISORS INC. RIA/Wealth	George Andrew Crews Founder	2.97% $14.9M	261.1K shares	Q1 2024 Held for 1y 8m	$502.4M
R Ridgeline Wealth, LLC Institution	-	2.76% $3.7M	65.4K shares	Q2 2025 Held for 5 months	$135.5M
Eqis Capital Management, Inc. RIA/Wealth	Robert Philip Herrmann CEO	2.66% $10.0M	175.3K shares	Q3 2024 Held for 1y 2m	$376.9M
P Paul R. Ried Financial Group, LLC RIA/Wealth	Paul Richard Ried CEO	2.45% $4.7M	81.6K shares	Q4 2024 Held for 11 months	$190.6M
CAP Partners, LLC RIA/Wealth	Brendan Karl Easterday Owner	2.08% $3.6M	63.2K shares	Q4 2023 Held for 1y 11m	$174.3M

Hedge Fund Spotlight

Discover hedge funds investing in AVSC

Quantinno Capital Management LP

Hedge Fund • Market Neutral

Portfolio ManagerHoon Nmn Kim

Portfolio Value: $36.6B
Positions: 2,911
Last Reported: Q3 2025

Sector Allocation

Position in Avantis U.S. Small Cap Equity

Market Value: $380.3K
Shares Held: 6.6K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$2.1B	5.71%
2 Apple AAPL	Consumer Electronics Technology	$1.9B	5.06%
3 Microsoft MSFT	Software - Infrastructure Technology	$1.4B	3.93%