Schwab US Dividend Equity ETF
SCHD
1,800 hedge funds and large institutions have $21B invested in Schwab US Dividend Equity ETF in 2025 Q2 according to their latest regulatory filings, with 134 funds opening new positions, 840 increasing their positions, 640 reducing their positions, and 114 closing their positions.
66% more call options, than puts
Call options by funds: $119M | Put options by funds: $71.5M
31% more repeat investments, than reductions
Existing positions increased: 840 | Existing positions reduced: 640
18% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 114
0% less funds holding
Funds holding: 1,807 → 1,800 (-7)
3.97% less ownership
Funds ownership: 34.4% → 30.43% (-4%)
13% less capital invested
Capital invested by funds: $24.3B → $21B (-$3.27B)
14% less funds holding in top 10
Funds holding in top 10: 287 → 246 (-41)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$31.8M |
| 2 |
DP
DDD Partners
Bellevue,
Washington
|
+$30.4M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$28.3M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$23.3M |
| 5 |
PAS
Park Avenue Securities
New York
|
+$22.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLI
Sumitomo Life Insurance
Tokyo,
Japan
|
-$519M |
| 2 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
-$290M |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$135M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$96.2M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$95.9M |
SCHD Hedge Fund Activity: Q2 2025 in Review
1,800 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Schwab US Dividend Equity ETF (SCHD) for Q2 2025, worth a combined $21B — down 13% from $24.3B a quarter earlier.
Buyers outnumbered sellers: 134 funds opened new SCHD positions and 114 closed out — a net gain of 20 holders — while 840 added to existing stakes and 640 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $31.8M. The largest seller was Sumitomo Life Insurance, exiting entirely with an estimated $519M sold.
- 1,800 institutional investors held Schwab US Dividend Equity ETF (SCHD) as of Q2 2025, down from 1,807 in Q1 2025.
- Funds reported $21B of Schwab US Dividend Equity ETF stock for Q2 2025, down 13% quarter-over-quarter.
- 134 funds opened new Schwab US Dividend Equity ETF positions in Q2 2025 and 114 closed out, a net change of +20 holders.
- The largest Schwab US Dividend Equity ETF buyer in Q2 2025 was Osaic Holdings, an estimated $31.8M added.
- The largest Schwab US Dividend Equity ETF seller in Q2 2025 was Sumitomo Life Insurance, an estimated $519M sold.
Based on aggregated 13F filings for Q2 2025.