Schwab US Dividend Equity ETF
SCHD
2,053 hedge funds and large institutions have $24.9B invested in Schwab US Dividend Equity ETF in 2026 Q1 according to their latest regulatory filings, with 232 funds opening new positions, 873 increasing their positions, 754 reducing their positions, and 82 closing their positions.
183% more first-time investments, than exits
New positions opened: 232 | Existing positions closed: 82
16% more funds holding in top 10
Funds holding in top 10: 212 → 246 (+34)
16% more repeat investments, than reductions
Existing positions increased: 873 | Existing positions reduced: 754
13% more capital invested
Capital invested by funds: $22B → $24.9B (+$2.89B)
6% more funds holding
Funds holding: 1,941 → 2,053 (+112)
0.95% less ownership
Funds ownership: 30.8% → 29.85% (-0.95%)
1% less call options, than puts
Call options by funds: $109M | Put options by funds: $111M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rakuten Investment Management
Tokyo,
Japan
|
+$1.26B |
| 2 |
SLI
Sumitomo Life Insurance
Tokyo,
Japan
|
+$437M |
| 3 |
P
Paradiem
Covington,
Louisiana
|
+$55.6M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$50.4M |
| 5 |
MA
MCF Advisors
Covington,
Kentucky
|
+$46.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$488M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$316M |
| 3 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
-$140M |
| 4 |
Cerity Partners
New York
|
-$88.9M |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$82.3M |
SCHD Hedge Fund Activity: Q1 2026 in Review
2,053 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Schwab US Dividend Equity ETF (SCHD) for Q1 2026, worth a combined $24.9B — up 13% from $22B a quarter earlier.
Buyers outnumbered sellers: 232 funds opened new SCHD positions and 82 closed out — a net gain of 150 holders — while 873 added to existing stakes and 754 trimmed.
The largest buyer was Rakuten Investment Management, adding an estimated $1.26B. The largest seller was Bank of America, cutting an estimated $488M.
- 2,053 institutional investors held Schwab US Dividend Equity ETF (SCHD) as of Q1 2026, up from 1,941 in Q4 2025.
- Funds reported $24.9B of Schwab US Dividend Equity ETF stock for Q1 2026, up 13% quarter-over-quarter.
- 232 funds opened new Schwab US Dividend Equity ETF positions in Q1 2026 and 82 closed out, a net change of +150 holders.
- The largest Schwab US Dividend Equity ETF buyer in Q1 2026 was Rakuten Investment Management, an estimated $1.26B added.
- The largest Schwab US Dividend Equity ETF seller in Q1 2026 was Bank of America, an estimated $488M sold.
Based on aggregated 13F filings for Q1 2026.