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Schwab US Broad Market ETF

923 hedge funds and large institutions have $7.19B invested in Schwab US Broad Market ETF in 2023 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 366 increasing their positions, 365 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

229% more call options, than puts

Call options by funds: $77M | Put options by funds: $23.4M

36% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 45

4% more funds holding in top 10

Funds holding in top 10: 111115 (+4)

1% more capital invested

Capital invested by funds: $7.09B → $7.19B (+$93.2M)

0% more repeat investments, than reductions

Existing positions increased: 366 | Existing positions reduced: 365

1% less funds holding

Funds holding: 929923 (-6)

4.51% less ownership

Funds ownership: 105.61%101.1% (-4.5%)

Holders
923
Holders Change
-6
Holders Change %
-0.65%
% of All Funds
14.71%
Holding in Top 10
115
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+3.6%
% of All Funds
1.83%
New
61
Increased
366
Reduced
365
Closed
45
Calls
$77M
Puts
$23.4M
Net Calls
+$53.6M
Net Calls Change
+$40.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Wealthfront Advisers
1
Wealthfront Advisers
California
$1.24B -$245M -15,672,735 -17%
Betterment LLC
2
Betterment LLC
New York
$340M -$5.96M -380,901 -2%
SCM
3
SCS Capital Management
Massachusetts
$214M -$16.2M -1,033,851 -7%
EK
4
Evensky & Katz
Florida
$188M -$20.2K -1,290 -0%
R
5
Rebalance
California
$143M +$1.65M +105,507 +1%
SG
6
Strid Group
Pennsylvania
$116M +$2.88M +184,026 +3%
HWM
7
HB Wealth Management
Georgia
$116M -$14M -894,882 -11%
HCM
8
Hengehold Capital Management
Ohio
$116M +$9M +575,832 +9%
HP
9
HT Partners
Connecticut
$111M -$2.32M -148,353 -2%
RPGK
10
Retirement Planning Group (Kansas)
Kansas
$105M +$1.6M +102,468 +2%
CC
11
Callan Capital
California
$104M +$1.79M +114,345 +2%
EA
12
Evergreen Advisors
Tennessee
$102M +$2.28M +145,794 +2%
BFG
13
Bouchey Financial Group
New York
$96.8M +$257K +16,413 +0.3%
HDIM
14
Hanson & Doremus Investment Management
Vermont
$84.2M -$1.36M -86,892 -2%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$79.4M -$4.18M -267,609 -5%
FWM
16
FFT Wealth Management
Pennsylvania
$75.7M +$1.64M +105,087 +2%
LP
17
LGL Partners
Pennsylvania
$73M +$277K +17,703 +0.4%
HWA
18
HHM Wealth Advisors
Tennessee
$70.8M -$2M -128,205 -3%
FMWA
19
Forvis Mazars Wealth Advisors
Missouri
$70.1M +$3.87M +247,773 +6%
SFS
20
Summit Financial Strategies
Ohio
$66.5M +$1.04M +66,678 +2%
Mariner
21
Mariner
Kansas
$60.4M -$1.66M -106,383 -3%
CAPTRUST Financial Advisors
22
CAPTRUST Financial Advisors
North Carolina
$53.8M +$3.5M +223,584 +7%
BP
23
Ballentine Partners
Massachusetts
$53.8M -$794K -50,799 -1%
HSA
24
HBK Sorce Advisory
Pennsylvania
$52.9M -$48.9M -3,125,358 -49%
Bank of America
25
Bank of America
North Carolina
$49.1M -$17.2M -1,102,923 -26%

SCHB Hedge Fund Activity: Q1 2023 in Review

923 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Schwab US Broad Market ETF (SCHB) for Q1 2023, worth a combined $7.19B — up 1.3% from $7.09B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new SCHB positions and 45 closed out — a net gain of 16 holders — while 366 added to existing stakes and 365 trimmed.

The largest buyer was Transform Wealth, adding an estimated $9.24M. The largest seller was Wealthfront Advisers, cutting an estimated $245M.

  • 923 institutional investors held Schwab US Broad Market ETF (SCHB) as of Q1 2023, down from 929 in Q4 2022.
  • Funds reported $7.19B of Schwab US Broad Market ETF stock for Q1 2023, up 1.3% quarter-over-quarter.
  • 61 funds opened new Schwab US Broad Market ETF positions in Q1 2023 and 45 closed out, a net change of +16 holders.
  • The largest Schwab US Broad Market ETF buyer in Q1 2023 was Transform Wealth, an estimated $9.24M added.
  • The largest Schwab US Broad Market ETF seller in Q1 2023 was Wealthfront Advisers, an estimated $245M sold.

Based on aggregated 13F filings for Q1 2023.