Schwab U.S Small- Cap ETF
SCHA
1,165 hedge funds and large institutions have $6.7B invested in Schwab U.S Small- Cap ETF in 2025 Q3 according to their latest regulatory filings, with 89 funds opening new positions, 418 increasing their positions, 476 reducing their positions, and 37 closing their positions.
141% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 37
11% more capital invested
Capital invested by funds: $6.04B → $6.7B (+$665M)
9% more funds holding in top 10
Funds holding in top 10: 53 → 58 (+5)
2% more funds holding
Funds holding: 1,137 → 1,165 (+28)
2.05% less ownership
Funds ownership: 34.8% → 32.75% (-2.1%)
12% less repeat investments, than reductions
Existing positions increased: 418 | Existing positions reduced: 476
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VIA
Vantagepoint Investment Advisers
Washington,
District of Columbia
|
+$56M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
+$28.5M |
| 3 |
NYLIM
New York Life Investment Management
New York
|
+$21.8M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$21.2M |
| 5 |
Empower Advisory Group
Greenwood Village,
Colorado
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$46.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$38.1M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$21.1M |
| 4 |
FI
FIDELIS iM
Medford,
Oregon
|
-$15.3M |
| 5 |
Financial Engines Advisors
Santa Clara,
California
|
-$13M |
SCHA Hedge Fund Activity: Q3 2025 in Review
1,165 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Schwab U.S Small- Cap ETF (SCHA) for Q3 2025, worth a combined $6.7B — up 11% from $6.04B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new SCHA positions and 37 closed out — a net gain of 52 holders — while 418 added to existing stakes and 476 trimmed.
The largest buyer was Vantagepoint Investment Advisers, opening a new position worth an estimated $56M. The largest seller was Bank of America, cutting an estimated $46.5M.
- 1,165 institutional investors held Schwab U.S Small- Cap ETF (SCHA) as of Q3 2025, up from 1,137 in Q2 2025.
- Funds reported $6.7B of Schwab U.S Small- Cap ETF stock for Q3 2025, up 11% quarter-over-quarter.
- 89 funds opened new Schwab U.S Small- Cap ETF positions in Q3 2025 and 37 closed out, a net change of +52 holders.
- The largest Schwab U.S Small- Cap ETF buyer in Q3 2025 was Vantagepoint Investment Advisers, an estimated $56M added.
- The largest Schwab U.S Small- Cap ETF seller in Q3 2025 was Bank of America, an estimated $46.5M sold.
Based on aggregated 13F filings for Q3 2025.