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Schwab US Broad Market ETF
SCHB

1,034 hedge funds and large institutions have $8.74B invested in Schwab US Broad Market ETF in 2023 Q4 according to their latest regulatory filings, with 147 funds opening new positions, 411 increasing their positions, 326 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

399% more call options, than puts

Call options by funds: $177M | Put options by funds: $35.4M

277% more first-time investments, than exits

New positions opened: 147 | Existing positions closed: 39

26% more repeat investments, than reductions

Existing positions increased: 411 | Existing positions reduced: 326

17% more capital invested

Capital invested by funds: $7.45B → $8.74B (+$1.28B)

10% more funds holding

Funds holding: 939 → 1,034 (+95)

9% more funds holding in top 10

Funds holding in top 10: 115 → 125 (+10)

3.03% more ownership

Funds ownership: 100.3% → 103.33% (+3%)

Holders
1,034
Holders Change
+95
Holders Change %
+10.12%
% of All Funds
15.08%
Holding in Top 10
125
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+8.7%
% of All Funds
1.82%
New
147
Increased
411
Reduced
326
Closed
39
Calls
$177M
Puts
$35.4M
Net Calls
+$141M
Net Calls Change
+$11.7M

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$49.9M
2
MIS
Morningstar Investment Services
Illinois
+$39.4M
3
CAG
Compass Advisory Group
New York
+$30M
4
HighTower Advisors
HighTower Advisors
Illinois
+$26.9M
5
JP Morgan Chase
JP Morgan Chase
New York
+$24M

Top Sellers

Rank Fund Capital Flow
1
Wealthfront Advisers
Wealthfront Advisers
California
-$42.3M
2
IAS
IMA Advisory Services
Colorado
-$13.9M
3
Betterment LLC
Betterment LLC
New York
-$11.3M
4
EW
Evoke Wealth
California
-$10.4M
5
SCM
SCS Capital Management
Massachusetts
-$10.4M
Name Holding Trade Value Shares
Change 		Change in
Stake
BP
26
Ballentine Partners
Massachusetts
$62.3M +$713K +41,271 +1%
Bank of America
27
Bank of America
North Carolina
$59.9M +$6.13M +354,879 +12%
National Bank of Canada
28
National Bank of Canada
Quebec, Canada
$59.5M +$8.43M +488,376 +18%
MBFW
29
Morton Brown Family Wealth
Pennsylvania
$58M +$1.78M +103,101 +3%
HSA
30
HBK Sorce Advisory
Pennsylvania
$57.3M -$2.23M -129,000 -4%
CWM
31
Circle Wealth Management
New Jersey
$57.1M +$40.7K +2,358 +0.1%
AI
32
Accredited Investors
Minnesota
$56.2M +$4.38M +253,674 +9%
AAIM
33
Asset Advisors Investment Management
Georgia
$55.9M +$1.41M +81,381 +3%
SFG
34
Socha Financial Group
New York
$55.1M -$297K -17,220 -0.6%
NSAM
35
North Star Asset Management
Wisconsin
$52.5M +$1.76M +101,829 +4%
CCWA
36
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$50.8M -$230K -13,290 -0.5%
AP
37
Agilis Partners
Massachusetts
$50.3M +$2.88M +167,010 +7%
Brown Advisory
38
Brown Advisory
Maryland
$46.5M +$203K +11,760 +0.5%
DLCIG
39
D.L. Carlson Investment Group
New Hampshire
$44.5M +$9.4M +544,368 +31%
CG
40
Caprock Group
Idaho
$44M +$211K +12,198 +0.5%
MF
41
Manchester Financial
California
$43.4M -$167K -9,666 -0.4%
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$42.2M +$412K +23,850 +1%
Mercer Global Advisors
43
Mercer Global Advisors
Colorado
$41.7M -$1.87M -108,357 -5%
CAG
44
Compass Advisory Group
New York
$40.7M +$30M +1,739,067 +385%
MAG
45
Members Advisory Group
New York
$40.2M -$1.35M -78,339 -3%
M
46
MYeCFO
California
$40.1M +$1.58M +91,500 +4%
Creative Planning
47
Creative Planning
Kansas
$38M -$1.3M -75,135 -4%
OIA
48
OneDigital Investment Advisors
Kansas
$35.8M +$19.4M +1,122,915 +140%
SFG
49
SNS Financial Group
Minnesota
$35.7M -$255K -14,760 -0.8%
SC
50
Savant Capital
Illinois
$33.7M +$756K +43,758 +2%
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SCHB Hedge Fund Activity: Q4 2023 in Review

1,034 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Schwab US Broad Market ETF (SCHB) for Q4 2023, worth a combined $8.74B — up 17% from $7.45B a quarter earlier.

Buyers outnumbered sellers: 147 funds opened new SCHB positions and 39 closed out — a net gain of 108 holders — while 411 added to existing stakes and 326 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $49.9M. The largest seller was Wealthfront Advisers, cutting an estimated $42.3M.

  • 1,034 institutional investors held Schwab US Broad Market ETF (SCHB) as of Q4 2023, up from 939 in Q3 2023.
  • Funds reported $8.74B of Schwab US Broad Market ETF stock for Q4 2023, up 17% quarter-over-quarter.
  • 147 funds opened new Schwab US Broad Market ETF positions in Q4 2023 and 39 closed out, a net change of +108 holders.
  • The largest Schwab US Broad Market ETF buyer in Q4 2023 was Morgan Stanley, an estimated $49.9M added.
  • The largest Schwab US Broad Market ETF seller in Q4 2023 was Wealthfront Advisers, an estimated $42.3M sold.

Based on aggregated 13F filings for Q4 2023.