Schwab U.S Small- Cap ETF
SCHA
1,244 hedge funds and large institutions have $7.15B invested in Schwab U.S Small- Cap ETF in 2025 Q4 according to their latest regulatory filings, with 159 funds opening new positions, 474 increasing their positions, 443 reducing their positions, and 55 closing their positions.
189% more first-time investments, than exits
New positions opened: 159 | Existing positions closed: 55
15% more funds holding in top 10
Funds holding in top 10: 60 → 69 (+9)
7% more capital invested
Capital invested by funds: $6.71B → $7.15B (+$441M)
6% more funds holding
Funds holding: 1,169 → 1,244 (+75)
4.2% more ownership
Funds ownership: 32.78% → 36.99% (+4.2%)
7% more repeat investments, than reductions
Existing positions increased: 474 | Existing positions reduced: 443
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWM
RMG Wealth Management
Platteville,
Wisconsin
|
+$103M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$59.6M |
| 3 |
FI
FIDELIS iM
Medford,
Oregon
|
+$18.7M |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$11.9M |
| 5 |
NYLIM
New York Life Investment Management
New York
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$32.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$18M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$16.7M |
| 4 |
WANY
Wealthspire Advisors (New York)
New York
|
-$9.76M |
| 5 |
VWA
VSM Wealth Advisory
Hunt Valley,
Maryland
|
-$9.5M |
SCHA Hedge Fund Activity: Q4 2025 in Review
1,244 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Schwab U.S Small- Cap ETF (SCHA) for Q4 2025, worth a combined $7.15B — up 6.6% from $6.71B a quarter earlier.
Buyers outnumbered sellers: 159 funds opened new SCHA positions and 55 closed out — a net gain of 104 holders — while 474 added to existing stakes and 443 trimmed.
The largest buyer was RMG Wealth Management, adding an estimated $103M. The largest seller was HighTower Advisors, cutting an estimated $32.8M.
- 1,244 institutional investors held Schwab U.S Small- Cap ETF (SCHA) as of Q4 2025, up from 1,169 in Q3 2025.
- Funds reported $7.15B of Schwab U.S Small- Cap ETF stock for Q4 2025, up 6.6% quarter-over-quarter.
- 159 funds opened new Schwab U.S Small- Cap ETF positions in Q4 2025 and 55 closed out, a net change of +104 holders.
- The largest Schwab U.S Small- Cap ETF buyer in Q4 2025 was RMG Wealth Management, an estimated $103M added.
- The largest Schwab U.S Small- Cap ETF seller in Q4 2025 was HighTower Advisors, an estimated $32.8M sold.
Based on aggregated 13F filings for Q4 2025.