Schwab US Broad Market ETF
SCHB
94 hedge funds and large institutions have $403M invested in Schwab US Broad Market ETF in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 40 increasing their positions, 19 reducing their positions, and 9 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 19
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
28% more capital invested
Capital invested by funds: $315M → $403M (+$88.3M)
11.67% more ownership
Funds ownership: 93.68% → 105.35% (+12%)
8% more funds holding
Funds holding: 87 → 94 (+7)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Planning Alternatives
Birmingham,
Michigan
|
+$17.3M |
| 2 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
+$12.9M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$9.71M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.76M |
| 5 |
HP
HT Partners
Centerbrook,
Connecticut
|
+$6.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$2.41M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$920K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$499K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$361K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$311K |
SCHB Hedge Fund Activity: Q3 2013 in Review
94 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Schwab US Broad Market ETF (SCHB) for Q3 2013, worth a combined $403M — up 28% from $315M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SCHB positions and 9 closed out — a net gain of 7 holders — while 40 added to existing stakes and 19 trimmed.
The largest buyer was Planning Alternatives, adding an estimated $17.3M. The largest seller was ProVise Management Group, exiting entirely with an estimated $2.41M sold.
- 94 institutional investors held Schwab US Broad Market ETF (SCHB) as of Q3 2013, up from 87 in Q2 2013.
- Funds reported $403M of Schwab US Broad Market ETF stock for Q3 2013, up 28% quarter-over-quarter.
- 16 funds opened new Schwab US Broad Market ETF positions in Q3 2013 and 9 closed out, a net change of +7 holders.
- The largest Schwab US Broad Market ETF buyer in Q3 2013 was Planning Alternatives, an estimated $17.3M added.
- The largest Schwab US Broad Market ETF seller in Q3 2013 was ProVise Management Group, an estimated $2.41M sold.
Based on aggregated 13F filings for Q3 2013.