Schwab US Broad Market ETF
SCHB
1,170 hedge funds and large institutions have $10.2B invested in Schwab US Broad Market ETF in 2025 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 462 increasing their positions, 428 reducing their positions, and 59 closing their positions.
258% more call options, than puts
Call options by funds: $34.7M | Put options by funds: $9.7M
34% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 59
8% more repeat investments, than reductions
Existing positions increased: 462 | Existing positions reduced: 428
0.24% more ownership
Funds ownership: 33.08% → 33.32% (+0.24%)
1% less funds holding
Funds holding: 1,178 → 1,170 (-8)
5% less funds holding in top 10
Funds holding in top 10: 138 → 131 (-7)
27% less capital invested
Capital invested by funds: $14.1B → $10.2B (-$3.85B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$61.5M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$43.3M |
| 3 |
CMAI
Capital Management Associates Inc
Minneapolis,
Minnesota
|
+$41.6M |
| 4 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
+$38.6M |
| 5 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$35.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Empower Advisory Group
Greenwood Village,
Colorado
|
-$98.1M |
| 2 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
-$91M |
| 3 |
Wealthfront Advisers
Palo Alto,
California
|
-$40.9M |
| 4 |
WCM
Weaver Capital Management
Suwanee,
Georgia
|
-$33.9M |
| 5 |
FSA
Financial Services Advisory
Rockville,
Maryland
|
-$24.9M |
SCHB Hedge Fund Activity: Q1 2025 in Review
1,170 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Schwab US Broad Market ETF (SCHB) for Q1 2025, worth a combined $10.2B — down 27% from $14.1B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new SCHB positions and 59 closed out — a net gain of 20 holders — while 462 added to existing stakes and 428 trimmed.
The largest buyer was Gallagher Fiduciary Advisors, opening a new position worth an estimated $61.5M. The largest seller was Empower Advisory Group, cutting an estimated $98.1M.
- 1,170 institutional investors held Schwab US Broad Market ETF (SCHB) as of Q1 2025, down from 1,178 in Q4 2024.
- Funds reported $10.2B of Schwab US Broad Market ETF stock for Q1 2025, down 27% quarter-over-quarter.
- 79 funds opened new Schwab US Broad Market ETF positions in Q1 2025 and 59 closed out, a net change of +20 holders.
- The largest Schwab US Broad Market ETF buyer in Q1 2025 was Gallagher Fiduciary Advisors, an estimated $61.5M added.
- The largest Schwab US Broad Market ETF seller in Q1 2025 was Empower Advisory Group, an estimated $98.1M sold.
Based on aggregated 13F filings for Q1 2025.