Schwab 1000 Index ETF
SCHK
47 hedge funds and large institutions have $209M invested in Schwab 1000 Index ETF in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 8 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
34% more capital invested
Capital invested by funds: $156M → $209M (+$52.8M)
7% more funds holding
Funds holding: 44 → 47 (+3)
1.67% more ownership
Funds ownership: 54.38% → 56.05% (+1.7%)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWMT
Legacy Wealth Management (Tennessee)
Memphis,
Tennessee
|
+$37.2M |
| 2 |
C
Clearshares
New York
|
+$1.9M |
| 3 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$1.75M |
| 4 |
WA
Waddell & Associates
Memphis,
Tennessee
|
+$1.19M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.8M |
| 2 |
SG
Strid Group
Newtown Square,
Pennsylvania
|
-$2.93M |
| 3 |
Financial Engines Advisors
Santa Clara,
California
|
-$1.85M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.49M |
| 5 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
-$1.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KM
51
Kalos Management
Alpharetta,
Georgia
| – | -$715K | -47,816 | Closed |
|
52
Bank of America
Charlotte,
North Carolina
| – | -$61K | -5,012 | Closed |
|
|
AIA
53
Arcadia Investment Advisors
Eagle,
Idaho
| – | -$27.7K | -2,262 | Closed |
|
|
IA
54
IFP Advisors
Tampa,
Florida
| – | -$14K | -1,124 | Closed |
|
|
PG
55
Patten Group
Chattanooga,
Tennessee
| – | -$1K | -50 | Closed |
|
SCHK Hedge Fund Activity: Q1 2019 in Review
47 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Schwab 1000 Index ETF (SCHK) for Q1 2019, worth a combined $209M — up 34% from $156M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SCHK positions and 8 closed out — a net gain of 3 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Legacy Wealth Management (Tennessee), adding an estimated $37.2M. The largest seller was Jane Street, cutting an estimated $4.8M.
- 47 institutional investors held Schwab 1000 Index ETF (SCHK) as of Q1 2019, up from 44 in Q4 2018.
- Funds reported $209M of Schwab 1000 Index ETF stock for Q1 2019, up 34% quarter-over-quarter.
- 11 funds opened new Schwab 1000 Index ETF positions in Q1 2019 and 8 closed out, a net change of +3 holders.
- The largest Schwab 1000 Index ETF buyer in Q1 2019 was Legacy Wealth Management (Tennessee), an estimated $37.2M added.
- The largest Schwab 1000 Index ETF seller in Q1 2019 was Jane Street, an estimated $4.8M sold.
Based on aggregated 13F filings for Q1 2019.