Schwab 1000 Index ETF
SCHK
72 hedge funds and large institutions have $346M invested in Schwab 1000 Index ETF in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 15 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
43% more capital invested
Capital invested by funds: $242M → $346M (+$104M)
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
11.85% more ownership
Funds ownership: 58.95% → 70.8% (+12%)
4% less funds holding
Funds holding: 75 → 72 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$85.5M |
| 2 |
WA
Waddell & Associates
Memphis,
Tennessee
|
+$22.5M |
| 3 |
5L
55I LLC
Boston,
Massachusetts
|
+$583K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
+$560K |
| 5 |
Jane Street
New York
|
+$457K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWMT
Legacy Wealth Management (Tennessee)
Memphis,
Tennessee
|
-$36.2M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$15M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.06M |
| 4 |
UWM
USAdvisors Wealth Management
Eden Prairie,
Minnesota
|
-$1.57M |
| 5 |
CG
Colony Group
Boston,
Massachusetts
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAS
76
Avantax Advisory Services
Dallas,
Texas
| – | -$392K | -31,274 | Closed |
|
77
Envestnet Asset Management
Chicago,
Illinois
| – | -$377K | -30,078 | Closed |
|
|
CWP
78
Capital Wealth Planning
Naples,
Florida
| – | -$225K | -17,968 | Closed |
|
|
FWP
79
FAS Wealth Partners
Leawood,
Kansas
| – | -$136K | -10,860 | Closed |
|
|
MDCM
80
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
| – | -$82K | -6,580 | Closed |
|
|
JWA
81
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$19K | -1,516 | Closed |
|
|
AIC
82
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$13K | -1,092 | Closed |
|
|
S
83
SignatureFD
Atlanta,
Georgia
| – | -$11K | -874 | Closed |
|
|
ASN
84
Advisory Services Network
Atlanta,
Georgia
| – | -$6K | -500 | Closed |
|
85
Fidelity Investments
Boston,
Massachusetts
| – | -$5K | -420 | Closed |
|
|
SFSG
86
Stearns Financial Services Group
Greensboro,
North Carolina
| – | -$2K | -150 | Closed |
|
SCHK Hedge Fund Activity: Q2 2020 in Review
72 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Schwab 1000 Index ETF (SCHK) for Q2 2020, worth a combined $346M — up 43% from $242M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SCHK and 12 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 21 added.
The largest buyer was Financial Engines Advisors, adding an estimated $85.5M. The largest seller was Legacy Wealth Management (Tennessee), cutting an estimated $36.2M.
- 72 institutional investors held Schwab 1000 Index ETF (SCHK) as of Q2 2020, down from 75 in Q1 2020.
- Funds reported $346M of Schwab 1000 Index ETF stock for Q2 2020, up 43% quarter-over-quarter.
- 12 funds opened new Schwab 1000 Index ETF positions in Q2 2020 and 15 closed out, a net change of -3 holders.
- The largest Schwab 1000 Index ETF buyer in Q2 2020 was Financial Engines Advisors, an estimated $85.5M added.
- The largest Schwab 1000 Index ETF seller in Q2 2020 was Legacy Wealth Management (Tennessee), an estimated $36.2M sold.
Based on aggregated 13F filings for Q2 2020.