Schwab US Dividend Equity ETF
SCHD
2,064 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 233 funds opening new positions, 879 increasing their positions, 758 reducing their positions, and 84 closing their positions.
177% more first-time investments, than exits
New positions opened: 233 | Existing positions closed: 84
17% more funds holding in top 10
Funds holding in top 10: 212 → 247 (+35)
16% more repeat investments, than reductions
Existing positions increased: 879 | Existing positions reduced: 758
13% more capital invested
Capital invested by funds: $22B → $24.9B (+$2.92B)
6% more funds holding
Funds holding: 1,951 → 2,064 (+113)
0.91% less ownership
Funds ownership: 30.78% → 29.86% (-0.91%)
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
2,064 of the 8,208 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: 233 funds opened new SCHD positions and 84 closed out — a net gain of 149 holders — while 879 added to existing stakes and 758 trimmed.
The largest buyer was Rakuten Investment Management, adding an estimated $1.26B. The largest seller was Bank of America, cutting an estimated $488M.
- 2,064 institutional investors held Schwab US Dividend Equity ETF (SCHD) as of Q1 2026, up from 1,951 in Q4 2025.
- Funds reported $24.9B of Schwab US Dividend Equity ETF stock for Q1 2026, up 13% quarter-over-quarter.
- 233 funds opened new Schwab US Dividend Equity ETF positions in Q1 2026 and 84 closed out, a net change of +149 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.