Schwab US Dividend Equity ETF
SCHD
2,127 hedge funds and large institutions have $26.2B invested in Schwab US Dividend Equity ETF in 2026 Q2 according to their latest regulatory filings, with 191 funds opening new positions, 1,066 increasing their positions, 635 reducing their positions, and 77 closing their positions.
148% more first-time investments, than exits
New positions opened: 191 | Existing positions closed: 77
85% more call options, than puts
Call options by funds: $123M | Put options by funds: $66.8M
68% more repeat investments, than reductions
Existing positions increased: 1,066 | Existing positions reduced: 635
4% more funds holding
Funds holding: 2,053 → 2,127 (+74)
5% more capital invested
Capital invested by funds: $24.9B → $26.2B (+$1.24B)
2.07% less ownership
Funds ownership: 29.85% → 27.78% (-2.1%)
9% less funds holding in top 10
Funds holding in top 10: 246 → 223 (-23)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLI
Sumitomo Life Insurance
Tokyo,
Japan
|
+$448M |
| 2 |
VERPA
Virginia Estate & Retirement Planning Advisors
Glen Allen,
Virginia
|
+$334M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$162M |
| 4 |
LPL Financial
San Diego,
California
|
+$83.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$74.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rakuten Investment Management
Tokyo,
Japan
|
-$1.14B |
| 2 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$58.4M |
| 3 |
P
Paradiem
Covington,
Louisiana
|
-$56.3M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$29.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$26.5M |
SCHD Hedge Fund Activity: Q2 2026 in Review
2,127 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Schwab US Dividend Equity ETF (SCHD) for Q2 2026, worth a combined $26.2B — up 5% from $24.9B a quarter earlier.
Buyers outnumbered sellers: 191 funds opened new SCHD positions and 77 closed out — a net gain of 114 holders — while 1,066 added to existing stakes and 635 trimmed.
The largest buyer was Sumitomo Life Insurance, adding an estimated $448M. The largest seller was Rakuten Investment Management, cutting an estimated $1.14B.
- 2,127 institutional investors held Schwab US Dividend Equity ETF (SCHD) as of Q2 2026, up from 2,053 in Q1 2026.
- Funds reported $26.2B of Schwab US Dividend Equity ETF stock for Q2 2026, up 5% quarter-over-quarter.
- 191 funds opened new Schwab US Dividend Equity ETF positions in Q2 2026 and 77 closed out, a net change of +114 holders.
- The largest Schwab US Dividend Equity ETF buyer in Q2 2026 was Sumitomo Life Insurance, an estimated $448M added.
- The largest Schwab US Dividend Equity ETF seller in Q2 2026 was Rakuten Investment Management, an estimated $1.14B sold.
Based on aggregated 13F filings for Q2 2026.