Schwab US Dividend Equity ETF
SCHD
1,807 hedge funds and large institutions have $24.3B invested in Schwab US Dividend Equity ETF in 2025 Q1 according to their latest regulatory filings, with 133 funds opening new positions, 900 increasing their positions, 592 reducing their positions, and 88 closing their positions.
122% more call options, than puts
Call options by funds: $136M | Put options by funds: $61.1M
52% more repeat investments, than reductions
Existing positions increased: 900 | Existing positions reduced: 592
51% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 88
7% more funds holding in top 10
Funds holding in top 10: 267 → 287 (+20)
0% more funds holding
Funds holding: 1,802 → 1,807 (+5)
0.43% less ownership
Funds ownership: 34.83% → 34.4% (-0.43%)
40% less capital invested
Capital invested by funds: $40.8B → $24.3B (-$16.5B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WANY
Wealthspire Advisors (New York)
New York
|
+$402M |
| 2 |
LPL Financial
San Diego,
California
|
+$68.9M |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$57.7M |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$45.6M |
| 5 |
Two Sigma Investments
New York
|
+$33.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$485M |
| 2 |
SLI
Sumitomo Life Insurance
Tokyo,
Japan
|
-$230M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$65.1M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$46.3M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$41.6M |
SCHD Hedge Fund Activity: Q1 2025 in Review
1,807 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Schwab US Dividend Equity ETF (SCHD) for Q1 2025, worth a combined $24.3B — down 40% from $40.8B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new SCHD positions and 88 closed out — a net gain of 45 holders — while 900 added to existing stakes and 592 trimmed.
The largest buyer was Wealthspire Advisors (New York), adding an estimated $402M. The largest seller was Bank of America, cutting an estimated $485M.
- 1,807 institutional investors held Schwab US Dividend Equity ETF (SCHD) as of Q1 2025, up from 1,802 in Q4 2024.
- Funds reported $24.3B of Schwab US Dividend Equity ETF stock for Q1 2025, down 40% quarter-over-quarter.
- 133 funds opened new Schwab US Dividend Equity ETF positions in Q1 2025 and 88 closed out, a net change of +45 holders.
- The largest Schwab US Dividend Equity ETF buyer in Q1 2025 was Wealthspire Advisors (New York), an estimated $402M added.
- The largest Schwab US Dividend Equity ETF seller in Q1 2025 was Bank of America, an estimated $485M sold.
Based on aggregated 13F filings for Q1 2025.