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Schwab US Broad Market ETF

939 hedge funds and large institutions have $7.45B invested in Schwab US Broad Market ETF in 2023 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 370 increasing their positions, 355 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

436% more call options, than puts

Call options by funds: $159M | Put options by funds: $29.7M

8% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 53

4% more repeat investments, than reductions

Existing positions increased: 370 | Existing positions reduced: 355

0% more funds holding in top 10

Funds holding in top 10: 115115 (0)

0.47% less ownership

Funds ownership: 100.76%100.3% (-0.47%)

1% less funds holding

Funds holding: 945939 (-6)

3% less capital invested

Capital invested by funds: $7.72B → $7.45B (-$264M)

Holders
939
Holders Change
-6
Holders Change %
-0.63%
% of All Funds
14.9%
Holding in Top 10
115
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
1.83%
New
57
Increased
370
Reduced
355
Closed
53
Calls
$159M
Puts
$29.7M
Net Calls
+$129M
Net Calls Change
+$58M
Name Holding Trade Value Shares
Change
Change in
Stake
Wealthfront Advisers
1
Wealthfront Advisers
California
$1.18B -$40.9M -2,361,465 -3%
Betterment LLC
2
Betterment LLC
New York
$336M -$8.5M -491,025 -2%
SCM
3
SCS Capital Management
Massachusetts
$211M -$4.41M -254,928 -2%
R
4
Rebalance
California
$180M +$1.33M +76,794 +0.7%
EK
5
Evensky & Katz
Florida
$178M -$10.8M -621,711 -5%
HCM
6
Hengehold Capital Management
Ohio
$149M +$11.2M +649,683 +8%
SG
7
Strid Group
Pennsylvania
$122M +$360K +20,799 +0.3%
HWM
8
HB Wealth Management
Georgia
$117M -$2.25M -129,957 -2%
HP
9
HT Partners
Connecticut
$111M -$4.76M -275,016 -4%
EA
10
Evergreen Advisors
Tennessee
$109M +$2.35M +135,690 +2%
RPGK
11
Retirement Planning Group (Kansas)
Kansas
$108M -$770K -44,499 -0.7%
BFG
12
Bouchey Financial Group
New York
$107M +$4.56M +263,370 +4%
CC
13
Callan Capital
California
$104M -$495K -28,578 -0.5%
HDIM
14
Hanson & Doremus Investment Management
Vermont
$94.6M +$5.34M +308,718 +6%
HighTower Advisors
15
HighTower Advisors
Illinois
$90.8M +$40.5M +2,339,166 +75%
FMWA
16
Forvis Mazars Wealth Advisors
Missouri
$81.2M +$2.95M +170,637 +4%
FWM
17
FFT Wealth Management
Pennsylvania
$79.4M +$304K +17,553 +0.4%
LP
18
LGL Partners
Pennsylvania
$76.6M +$300K +17,361 +0.4%
HWA
19
HHM Wealth Advisors
Tennessee
$76M +$1.22M +70,326 +2%
CAPTRUST Financial Advisors
20
CAPTRUST Financial Advisors
North Carolina
$71.2M +$16.1M +931,722 +28%
SFS
21
Summit Financial Strategies
Ohio
$69.7M +$364K +21,060 +0.5%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$64.4M -$17.8M -1,028,721 -21%
Mariner
23
Mariner
Kansas
$61.7M +$914K +52,839 +1%
BP
24
Ballentine Partners
Massachusetts
$55.1M -$390K -22,545 -0.7%
HSA
25
HBK Sorce Advisory
Pennsylvania
$53.5M +$591K +34,152 +1%

SCHB Hedge Fund Activity: Q3 2023 in Review

939 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Schwab US Broad Market ETF (SCHB) for Q3 2023, worth a combined $7.45B — down 3.4% from $7.72B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new SCHB positions and 53 closed out — a net gain of 4 holders — while 370 added to existing stakes and 355 trimmed.

The largest buyer was HighTower Advisors, adding an estimated $40.5M. The largest seller was Wealthfront Advisers, cutting an estimated $40.9M.

  • 939 institutional investors held Schwab US Broad Market ETF (SCHB) as of Q3 2023, down from 945 in Q2 2023.
  • Funds reported $7.45B of Schwab US Broad Market ETF stock for Q3 2023, down 3.4% quarter-over-quarter.
  • 57 funds opened new Schwab US Broad Market ETF positions in Q3 2023 and 53 closed out, a net change of +4 holders.
  • The largest Schwab US Broad Market ETF buyer in Q3 2023 was HighTower Advisors, an estimated $40.5M added.
  • The largest Schwab US Broad Market ETF seller in Q3 2023 was Wealthfront Advisers, an estimated $40.9M sold.

Based on aggregated 13F filings for Q3 2023.