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Schwab US Dividend Equity ETF

1,523 hedge funds and large institutions have $21.2B invested in Schwab US Dividend Equity ETF in 2023 Q4 according to their latest regulatory filings, with 227 funds opening new positions, 594 increasing their positions, 578 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

266% more first-time investments, than exits

New positions opened: 227 | Existing positions closed: 62

129% more call options, than puts

Call options by funds: $138M | Put options by funds: $60M

10% more funds holding

Funds holding: 1,3791,523 (+144)

9% more capital invested

Capital invested by funds: $19.3B → $21.2B (+$1.83B)

3% more funds holding in top 10

Funds holding in top 10: 239246 (+7)

3% more repeat investments, than reductions

Existing positions increased: 594 | Existing positions reduced: 578

0.04% more ownership

Funds ownership: 121.71%121.74% (+0.04%)

Holders
1,523
Holders Change
+144
Holders Change %
+10.44%
% of All Funds
22.2%
Holding in Top 10
246
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+2.93%
% of All Funds
3.59%
New
227
Increased
594
Reduced
578
Closed
62
Calls
$138M
Puts
$60M
Net Calls
+$77.6M
Net Calls Change
+$42.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.26B +$601M +25,224,135 +103%
Bank of America
2
Bank of America
North Carolina
$1.04B +$316M +13,254,270 +48%
LPL Financial
3
LPL Financial
California
$873M +$14.1M +593,769 +2%
CSIA
4
Charles Schwab Investment Advisory
California
$737M +$3.22M +135,039 +0.5%
Ameriprise
5
Ameriprise
Minnesota
$604M +$10.6M +445,122 +2%
AAS
6
Avantax Advisory Services
Texas
$569M +$1.19M +50,145 +0.2%
Northwestern Mutual Wealth Management
7
Northwestern Mutual Wealth Management
Wisconsin
$503M -$41.8M -1,753,881 -8%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$437M -$2.62M -110,061 -0.6%
Wealthfront Advisers
9
Wealthfront Advisers
California
$402M -$179M -7,495,029 -32%
WANY
10
Wealthspire Advisors (New York)
New York
$396M -$16.2M -679,794 -4%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$389M -$5.78M -242,745 -2%
UBS Group
12
UBS Group
Switzerland
$357M -$14.8M -623,139 -4%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$340M +$13.1M +549,975 +4%
Osaic Holdings
14
Osaic Holdings
Arizona
$332M -$77.4M -3,246,150 -20%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$316M -$19.4M -812,568 -6%
OWM
16
Orgel Wealth Management
Wisconsin
$313M +$1.21M +50,574 +0.4%
Wells Fargo
17
Wells Fargo
California
$278M +$16.9M +707,823 +7%
JP Morgan Chase
18
JP Morgan Chase
New York
$277M -$51M -2,141,817 -16%
APP
19
Avantax Planning Partners
Iowa
$271M -$5.24M -219,753 -2%
Wealth Enhancement Advisory Services
20
Wealth Enhancement Advisory Services
Minnesota
$246M +$96.4M +4,046,109 +72%
MFG
21
Merit Financial Group
Georgia
$235M -$3.63M -152,202 -2%
SLI
22
Sumitomo Life Insurance
Japan
$228M +$214M +9,000,000 New
Corient Private Wealth
23
Corient Private Wealth
Florida
$168M +$3.92M +164,358 +3%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$166M +$7.32M +307,194 +5%
Mariner
25
Mariner
Kansas
$159M -$6.88M -288,510 -4%

SCHD Hedge Fund Activity: Q4 2023 in Review

1,523 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Schwab US Dividend Equity ETF (SCHD) for Q4 2023, worth a combined $21.2B — up 9.5% from $19.3B a quarter earlier.

Buyers outnumbered sellers: 227 funds opened new SCHD positions and 62 closed out — a net gain of 165 holders — while 594 added to existing stakes and 578 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $601M. The largest seller was Strategic Investment Solutions, cutting an estimated $513M.

  • 1,523 institutional investors held Schwab US Dividend Equity ETF (SCHD) as of Q4 2023, up from 1,379 in Q3 2023.
  • Funds reported $21.2B of Schwab US Dividend Equity ETF stock for Q4 2023, up 9.5% quarter-over-quarter.
  • 227 funds opened new Schwab US Dividend Equity ETF positions in Q4 2023 and 62 closed out, a net change of +165 holders.
  • The largest Schwab US Dividend Equity ETF buyer in Q4 2023 was Morgan Stanley, an estimated $601M added.
  • The largest Schwab US Dividend Equity ETF seller in Q4 2023 was Strategic Investment Solutions, an estimated $513M sold.

Based on aggregated 13F filings for Q4 2023.