Schwab 1000 Index ETF
SCHK
127 hedge funds and large institutions have $1.44B invested in Schwab 1000 Index ETF in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 46 increasing their positions, 33 reducing their positions, and 15 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 33
17% more capital invested
Capital invested by funds: $1.23B → $1.44B (+$213M)
4.07% more ownership
Funds ownership: 105.76% → 109.82% (+4.1%)
5% less funds holding
Funds holding: 133 → 127 (-6)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$77.1M |
| 2 |
AAG
Armstrong Advisory Group
Needham,
Massachusetts
|
+$44.7M |
| 3 |
LWMT
Legacy Wealth Management (Tennessee)
Memphis,
Tennessee
|
+$12.7M |
| 4 |
Mariner
Overland Park,
Kansas
|
+$1.82M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.85M |
| 2 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$2.77M |
| 3 |
RDWM
Red Door Wealth Management
Memphis,
Tennessee
|
-$2.52M |
| 4 |
KFS
Kaizen Financial Strategies
Campbell,
California
|
-$1.75M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.63M |
SCHK Hedge Fund Activity: Q1 2023 in Review
127 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Schwab 1000 Index ETF (SCHK) for Q1 2023, worth a combined $1.44B — up 17% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SCHK and 11 opened new positions — a net loss of 4 holders — while 33 trimmed existing stakes and 46 added.
The largest buyer was Financial Engines Advisors, adding an estimated $77.1M. The largest seller was Goldman Sachs, exiting entirely with an estimated $2.85M sold.
- 127 institutional investors held Schwab 1000 Index ETF (SCHK) as of Q1 2023, down from 133 in Q4 2022.
- Funds reported $1.44B of Schwab 1000 Index ETF stock for Q1 2023, up 17% quarter-over-quarter.
- 11 funds opened new Schwab 1000 Index ETF positions in Q1 2023 and 15 closed out, a net change of -4 holders.
- The largest Schwab 1000 Index ETF buyer in Q1 2023 was Financial Engines Advisors, an estimated $77.1M added.
- The largest Schwab 1000 Index ETF seller in Q1 2023 was Goldman Sachs, an estimated $2.85M sold.
Based on aggregated 13F filings for Q1 2023.