The phrase "small hedge" refers to taking a protective action or making a small investment to reduce or avoid potential risks or losses in a larger situation. Full definition
Morris figured that as a shareholder voice on the board, he could help cut expenses — including the high pay — and, once it was clean enough to sell, reap a return for his own small hedge fund. (greenbackd.com)
In 2011 he topped Bloomberg's league of global mid-cap hedge - fund returns, and was named the most successful small hedge - fund manager in the world. (investingbythebooks.com)
Or consider the strategy of Sean Everett, an entrepreneur specializing in artificial intelligence who recently launched a very small hedge fund called the Base Code fund. (fortune.com)