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Schwab US Dividend Equity ETF

1,802 hedge funds and large institutions have $22.2B invested in Schwab US Dividend Equity ETF in 2025 Q3 according to their latest regulatory filings, with 126 funds opening new positions, 757 increasing their positions, 745 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more call options, than puts

Call options by funds: $134M | Put options by funds: $69.9M

45% more first-time investments, than exits

New positions opened: 126 | Existing positions closed: 87

5% more capital invested

Capital invested by funds: $21B → $22.2B (+$1.15B)

2% more repeat investments, than reductions

Existing positions increased: 757 | Existing positions reduced: 745

0.64% more ownership

Funds ownership: 30.43%31.07% (+0.64%)

0% more funds holding

Funds holding: 1,8001,802 (+2)

15% less funds holding in top 10

Funds holding in top 10: 246208 (-38)

Holders
1,802
Holders Change
+2
Holders Change %
+0.11%
% of All Funds
23.65%
Holding in Top 10
208
Holding in Top 10 Change
-38
Holding in Top 10 Change %
-15.45%
% of All Funds
2.73%
New
126
Increased
757
Reduced
745
Closed
87
Calls
$134M
Puts
$69.9M
Net Calls
+$64.2M
Net Calls Change
+$16.9M
Name Holding Trade Value Shares
Change
Change in
Stake
FMII
1001
Farmers & Merchants Investments Inc
Nebraska
$956K
MFA
1002
Morling Financial Advisors
California
$956K -$29.2K -1,071 -3%
CWA
1003
Clearview Wealth Advisors
Oregon
$950K -$45.3K -1,660 -5%
CW
1004
Code Waechter
Florida
$950K +$4.53K +166 +0.5%
FFG
1005
First Financial Group
North Carolina
$949K -$20.4K -748 -2%
CAM
1006
CPA Asset Management
Florida
$948K +$948K +34,735 New
CMBA
1007
C.M. Bidwell & Associates
Hawaii
$942K
DFG
1008
Demars Financial Group
Washington
$941K +$73.6K +2,698 +8%
EIP
1009
Ellis Investment Partners
Pennsylvania
$938K +$10.2K +375 +1%
MWA
1010
MFA Wealth Advisors
Pennsylvania
$934K -$33.7M -1,236,488 -97%
AWA
1011
Aaron Wealth Advisors
Illinois
$929K -$3.9K -143 -0.4%
MC
1012
Moors & Cabot
Massachusetts
$929K +$49.2K +1,802 +6%
MFG
1013
Magnus Financial Group
New York
$920K +$138K +5,059 +18%
TF
1014
Tandem Financial
Colorado
$913K +$912K +33,435 New
MA
1015
MCF Advisors
Kentucky
$911K +$524K +19,189 +135%
WCM
1016
Wealthcare Capital Management
Virginia
$910K -$15.1K -552 -2%
SAG
1017
SageView Advisory Group
California
$910K +$1.94K +71 +0.2%
BFS
1018
Bradley Foster & Sargent
Connecticut
$907K +$163K +5,991 +22%
BFA
1019
Beaumont Financial Advisors
Massachusetts
$903K -$13.3K -488 -1%
SIM
1020
Stratos Investment Management
Ohio
$903K -$1.49M -54,511 -62%
PWM
1021
Paulson Wealth Management
Illinois
$897K -$30.5K -1,118 -3%
VFG
1022
Valley Financial Group
Pennsylvania
$896K -$54.4K -1,995 -6%
TWM
1023
Triton Wealth Management
Arizona
$894K -$191K -7,009 -17%
SIS
1024
Sound Income Strategies
Florida
$893K +$733K +26,870 +432%
FSC
1025
Full Sail Capital
Oklahoma
$886K +$13.8K +506 +2%

SCHD Hedge Fund Activity: Q3 2025 in Review

1,802 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Schwab US Dividend Equity ETF (SCHD) for Q3 2025, worth a combined $22.2B — up 5.4% from $21B a quarter earlier.

Buyers outnumbered sellers: 126 funds opened new SCHD positions and 87 closed out — a net gain of 39 holders — while 757 added to existing stakes and 745 trimmed.

The largest buyer was Sumitomo Life Insurance, opening a new position worth an estimated $847M. The largest seller was Ameriprise, cutting an estimated $150M.

  • 1,802 institutional investors held Schwab US Dividend Equity ETF (SCHD) as of Q3 2025, up from 1,800 in Q2 2025.
  • Funds reported $22.2B of Schwab US Dividend Equity ETF stock for Q3 2025, up 5.4% quarter-over-quarter.
  • 126 funds opened new Schwab US Dividend Equity ETF positions in Q3 2025 and 87 closed out, a net change of +39 holders.
  • The largest Schwab US Dividend Equity ETF buyer in Q3 2025 was Sumitomo Life Insurance, an estimated $847M added.
  • The largest Schwab US Dividend Equity ETF seller in Q3 2025 was Ameriprise, an estimated $150M sold.

Based on aggregated 13F filings for Q3 2025.