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Schwab US Broad Market ETF

240 hedge funds and large institutions have $1.62B invested in Schwab US Broad Market ETF in 2016 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 110 increasing their positions, 73 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,375% more call options, than puts

Call options by funds: $3.41M | Put options by funds: $231K

51% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 73

17% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 23

10% more capital invested

Capital invested by funds: $1.48B → $1.62B (+$143M)

6% more funds holding in top 10

Funds holding in top 10: 3133 (+2)

3.38% more ownership

Funds ownership: 161.65%165.03% (+3.4%)

1% more funds holding

Funds holding: 238240 (+2)

Holders
240
Holders Change
+2
Holders Change %
+0.84%
% of All Funds
6.39%
Holding in Top 10
33
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+6.45%
% of All Funds
0.88%
New
27
Increased
110
Reduced
73
Closed
23
Calls
$3.41M
Puts
$231K
Net Calls
+$3.18M
Net Calls Change
+$1.57M
Name Holding Trade Value Shares
Change
Change in
Stake
MFRM
1
Milliman Financial Risk Management
Illinois
$258M +$73.3M +9,433,194 +43%
W
2
Wealthfront
California
$136M +$17.8M +2,285,118 +16%
Mirae Asset Global Investments
3
Mirae Asset Global Investments
South Korea
$106M +$101M +12,943,782 New
Betterment LLC
4
Betterment LLC
New York
$93.5M +$29.4M +3,780,372 +50%
HP
5
HT Partners
Connecticut
$74.7M +$44.9M +5,778,822 +174%
EK
6
Evensky & Katz
Florida
$58.4M +$7.95M +1,022,670 +17%
RPGK
7
Retirement Planning Group (Kansas)
Kansas
$57.3M +$2.81M +361,110 +5%
AP
8
Agilis Partners
Massachusetts
$55.5M +$8.47M +1,090,356 +19%
PA
9
Planning Alternatives
Michigan
$42.5M -$22.6M -2,904,348 -36%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$40.3M -$278K -35,760 -0.7%
BJ
11
Brouwer & Janachowski
California
$37.4M +$9.43M +1,213,722 +36%
UCFA
12
United Capital Financial Advisors
Texas
$36M -$4.95M -636,630 -13%
DWM
13
Destination Wealth Management
California
$35.8M
AI
14
Accredited Investors
Minnesota
$33.7M +$6.69M +861,414 +27%
OAJ
15
Ogorek Anthony Joseph
New York
$33.1M +$379K +48,816 +1%
FPCG
16
Fort Pitt Capital Group
Pennsylvania
$30.9M -$21.7M -2,790,360 -43%
FC
17
Financial Consulate
Maryland
$21.8M +$189K +24,288 +0.9%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$21.1M -$4.6M -591,870 -19%
HB
19
Homrich & Berg
Georgia
$18.4M -$315K -40,470 -2%
HDIM
20
Hanson & Doremus Investment Management
Vermont
$16.3M -$435K -56,028 -3%
KFA
21
Kays Financial Advisory
Georgia
$16.1M +$414K +53,316 +3%
Brown Advisory
22
Brown Advisory
Maryland
$14.7M +$1.08M +139,578 +8%
NSAM
23
North Star Asset Management
Wisconsin
$14.6M +$1.39M +179,040 +11%
SFS
24
Summit Financial Strategies
Ohio
$12.9M +$2.4M +308,892 +25%
Wells Fargo
25
Wells Fargo
California
$12.6M -$4.49M -577,824 -27%

SCHB Hedge Fund Activity: Q1 2016 in Review

240 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Schwab US Broad Market ETF (SCHB) for Q1 2016, worth a combined $1.62B — up 9.7% from $1.48B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new SCHB positions and 23 closed out — a net gain of 4 holders — while 110 added to existing stakes and 73 trimmed.

The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $101M. The largest seller was Bank of America, cutting an estimated $31.5M.

  • 240 institutional investors held Schwab US Broad Market ETF (SCHB) as of Q1 2016, up from 238 in Q4 2015.
  • Funds reported $1.62B of Schwab US Broad Market ETF stock for Q1 2016, up 9.7% quarter-over-quarter.
  • 27 funds opened new Schwab US Broad Market ETF positions in Q1 2016 and 23 closed out, a net change of +4 holders.
  • The largest Schwab US Broad Market ETF buyer in Q1 2016 was Mirae Asset Global Investments, an estimated $101M added.
  • The largest Schwab US Broad Market ETF seller in Q1 2016 was Bank of America, an estimated $31.5M sold.

Based on aggregated 13F filings for Q1 2016.