Schwab 1000 Index ETF
SCHK
75 hedge funds and large institutions have $242M invested in Schwab 1000 Index ETF in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 14 closing their positions.
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
4% more funds holding
Funds holding: 72 → 75 (+3)
1.3% more ownership
Funds ownership: 57.65% → 58.95% (+1.3%)
11% less capital invested
Capital invested by funds: $272M → $242M (-$29.7M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWMT
Legacy Wealth Management (Tennessee)
Memphis,
Tennessee
|
+$22.6M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$16.2M |
| 3 |
Financial Engines Advisors
Santa Clara,
California
|
+$15.5M |
| 4 |
PA
Parkside Advisors
Berkeley,
California
|
+$2.82M |
| 5 |
UWM
USAdvisors Wealth Management
Eden Prairie,
Minnesota
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Waddell & Associates
Memphis,
Tennessee
|
-$23.6M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$3.36M |
| 3 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$2.8M |
| 4 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$2.69M |
| 5 |
Jane Street
New York
|
-$1.42M |
SCHK Hedge Fund Activity: Q1 2020 in Review
75 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Schwab 1000 Index ETF (SCHK) for Q1 2020, worth a combined $242M — down 11% from $272M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SCHK positions and 14 closed out — a net gain of 5 holders — while 19 added to existing stakes and 17 trimmed.
The largest buyer was Legacy Wealth Management (Tennessee), adding an estimated $22.6M. The largest seller was Waddell & Associates, exiting entirely with an estimated $23.6M sold.
- 75 institutional investors held Schwab 1000 Index ETF (SCHK) as of Q1 2020, up from 72 in Q4 2019.
- Funds reported $242M of Schwab 1000 Index ETF stock for Q1 2020, down 11% quarter-over-quarter.
- 19 funds opened new Schwab 1000 Index ETF positions in Q1 2020 and 14 closed out, a net change of +5 holders.
- The largest Schwab 1000 Index ETF buyer in Q1 2020 was Legacy Wealth Management (Tennessee), an estimated $22.6M added.
- The largest Schwab 1000 Index ETF seller in Q1 2020 was Waddell & Associates, an estimated $23.6M sold.
Based on aggregated 13F filings for Q1 2020.