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Schwab US Dividend Equity ETF

1,563 hedge funds and large institutions have $21.5B invested in Schwab US Dividend Equity ETF in 2024 Q1 according to their latest regulatory filings, with 145 funds opening new positions, 728 increasing their positions, 539 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

186% more call options, than puts

Call options by funds: $154M | Put options by funds: $54M

75% more first-time investments, than exits

New positions opened: 145 | Existing positions closed: 83

35% more repeat investments, than reductions

Existing positions increased: 728 | Existing positions reduced: 539

3% more funds holding

Funds holding: 1,5231,563 (+40)

2% more capital invested

Capital invested by funds: $21.2B → $21.5B (+$322M)

6% less funds holding in top 10

Funds holding in top 10: 246232 (-14)

7.26% less ownership

Funds ownership: 121.74%114.48% (-7.3%)

Holders
1,563
Holders Change
+40
Holders Change %
+2.63%
% of All Funds
22.52%
Holding in Top 10
232
Holding in Top 10 Change
-14
Holding in Top 10 Change %
-5.69%
% of All Funds
3.34%
New
145
Increased
728
Reduced
539
Closed
83
Calls
$154M
Puts
$54M
Net Calls
+$100M
Net Calls Change
+$22.8M
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$874M -$48.8M -1,887,588 -5%
CSIA
2
Charles Schwab Investment Advisory
California
$784M +$3.14M +121,479 +0.4%
Morgan Stanley
3
Morgan Stanley
New York
$737M -$574M -22,212,732 -45%
AAS
4
Avantax Advisory Services
Texas
$627M +$23.2M +898,488 +4%
Bank of America
5
Bank of America
North Carolina
$581M -$498M -19,287,762 -47%
Ameriprise
6
Ameriprise
Minnesota
$541M -$93.7M -3,628,377 -15%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$492M +$27.9M +1,079,748 +6%
Northwestern Mutual Wealth Management
8
Northwestern Mutual Wealth Management
Wisconsin
$491M -$40.4M -1,562,226 -8%
SLI
9
Sumitomo Life Insurance
Japan
$471M +$257M +9,960,000 +111%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$461M +$46.9M +1,814,532 +12%
Wealthfront Advisers
11
Wealthfront Advisers
California
$413M -$12.9M -498,801 -3%
WANY
12
Wealthspire Advisors (New York)
New York
$406M -$12.4M -479,820 -3%
UBS Group
13
UBS Group
Switzerland
$379M +$439K +16,977 +0.1%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$358M +$22.7M +878,346 +7%
Osaic Holdings
15
Osaic Holdings
Arizona
$338M -$12.4M -481,017 -4%
OWM
16
Orgel Wealth Management
Wisconsin
$335M +$2.95M +114,060 +0.9%
Wells Fargo
17
Wells Fargo
California
$324M +$28.4M +1,098,360 +10%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$307M -$51M -1,973,112 -15%
JP Morgan Chase
19
JP Morgan Chase
New York
$306M +$12.4M +479,997 +4%
APP
20
Avantax Planning Partners
Iowa
$290M +$2.5M +96,855 +0.9%
Wealth Enhancement Advisory Services
21
Wealth Enhancement Advisory Services
Minnesota
$272M +$11.4M +440,106 +5%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$183M +$7.3M +282,423 +4%
Mariner
23
Mariner
Kansas
$181M +$12.2M +471,117 +8%
Cetera Investment Advisers
24
Cetera Investment Advisers
Illinois
$170M +$56.5M +2,188,806 +53%
RJA
25
Raymond James & Associates
Florida
$156M -$5.68M -219,891 -4%

SCHD Hedge Fund Activity: Q1 2024 in Review

1,563 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Schwab US Dividend Equity ETF (SCHD) for Q1 2024, worth a combined $21.5B — up 1.5% from $21.2B a quarter earlier.

Buyers outnumbered sellers: 145 funds opened new SCHD positions and 83 closed out — a net gain of 62 holders — while 728 added to existing stakes and 539 trimmed.

The largest buyer was Sumitomo Life Insurance, adding an estimated $257M. The largest seller was Morgan Stanley, cutting an estimated $574M.

  • 1,563 institutional investors held Schwab US Dividend Equity ETF (SCHD) as of Q1 2024, up from 1,523 in Q4 2023.
  • Funds reported $21.5B of Schwab US Dividend Equity ETF stock for Q1 2024, up 1.5% quarter-over-quarter.
  • 145 funds opened new Schwab US Dividend Equity ETF positions in Q1 2024 and 83 closed out, a net change of +62 holders.
  • The largest Schwab US Dividend Equity ETF buyer in Q1 2024 was Sumitomo Life Insurance, an estimated $257M added.
  • The largest Schwab US Dividend Equity ETF seller in Q1 2024 was Morgan Stanley, an estimated $574M sold.

Based on aggregated 13F filings for Q1 2024.