Schwab US Broad Market ETF
SCHB
1,214 hedge funds and large institutions have $12.1B invested in Schwab US Broad Market ETF in 2025 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 485 increasing their positions, 451 reducing their positions, and 48 closing their positions.
175% more call options, than puts
Call options by funds: $34.6M | Put options by funds: $12.6M
63% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 48
8% more capital invested
Capital invested by funds: $11.2B → $12.1B (+$852M)
2% more funds holding in top 10
Funds holding in top 10: 137 → 140 (+3)
8% more repeat investments, than reductions
Existing positions increased: 485 | Existing positions reduced: 451
0% more funds holding
Funds holding: 1,212 → 1,214 (+2)
0.36% less ownership
Funds ownership: 32.76% → 32.4% (-0.36%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$96M |
| 2 |
WCM
Weaver Capital Management
Suwanee,
Georgia
|
+$34M |
| 3 |
R
Rebalance
Palo Alto,
California
|
+$32.7M |
| 4 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$30.4M |
| 5 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$22.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$96.5M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$47.9M |
| 3 |
CIA
Cape Investment Advisory
Mcdonough,
Georgia
|
-$38.9M |
| 4 |
Wealthfront Advisers
Palo Alto,
California
|
-$31.3M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$22.3M |
SCHB Hedge Fund Activity: Q3 2025 in Review
1,214 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Schwab US Broad Market ETF (SCHB) for Q3 2025, worth a combined $12.1B — up 7.6% from $11.2B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new SCHB positions and 48 closed out — a net gain of 30 holders — while 485 added to existing stakes and 451 trimmed.
The largest buyer was Arax Advisory Partners, adding an estimated $96M. The largest seller was National Bank of Canada, exiting entirely with an estimated $96.5M sold.
- 1,214 institutional investors held Schwab US Broad Market ETF (SCHB) as of Q3 2025, up from 1,212 in Q2 2025.
- Funds reported $12.1B of Schwab US Broad Market ETF stock for Q3 2025, up 7.6% quarter-over-quarter.
- 78 funds opened new Schwab US Broad Market ETF positions in Q3 2025 and 48 closed out, a net change of +30 holders.
- The largest Schwab US Broad Market ETF buyer in Q3 2025 was Arax Advisory Partners, an estimated $96M added.
- The largest Schwab US Broad Market ETF seller in Q3 2025 was National Bank of Canada, an estimated $96.5M sold.
Based on aggregated 13F filings for Q3 2025.