Schwab 1000 Index ETF
SCHK
130 hedge funds and large institutions have $1.59B invested in Schwab 1000 Index ETF in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 58 increasing their positions, 32 reducing their positions, and 8 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 32
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more capital invested
Capital invested by funds: $1.44B → $1.59B (+$150M)
2% more funds holding
Funds holding: 127 → 130 (+3)
1.03% more ownership
Funds ownership: 109.82% → 110.86% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$28M |
| 2 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
+$1.8M |
| 3 |
AAG
Armstrong Advisory Group
Needham,
Massachusetts
|
+$1.76M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.55M |
| 5 |
Jane Street
New York
|
+$665K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWMA
Pension & Wealth Management Advisors
Waltham,
Massachusetts
|
-$3.37M |
| 2 |
BIP
Blueprint Investment Partners
Greensboro,
North Carolina
|
-$3.23M |
| 3 |
LWMT
Legacy Wealth Management (Tennessee)
Memphis,
Tennessee
|
-$944K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$935K |
| 5 |
PA
Parkside Advisors
Berkeley,
California
|
-$591K |
SCHK Hedge Fund Activity: Q2 2023 in Review
130 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Schwab 1000 Index ETF (SCHK) for Q2 2023, worth a combined $1.59B — up 10% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SCHK positions and 8 closed out — a net gain of 4 holders — while 58 added to existing stakes and 32 trimmed.
The largest buyer was Financial Engines Advisors, adding an estimated $28M. The largest seller was Pension & Wealth Management Advisors, cutting an estimated $3.37M.
- 130 institutional investors held Schwab 1000 Index ETF (SCHK) as of Q2 2023, up from 127 in Q1 2023.
- Funds reported $1.59B of Schwab 1000 Index ETF stock for Q2 2023, up 10% quarter-over-quarter.
- 12 funds opened new Schwab 1000 Index ETF positions in Q2 2023 and 8 closed out, a net change of +4 holders.
- The largest Schwab 1000 Index ETF buyer in Q2 2023 was Financial Engines Advisors, an estimated $28M added.
- The largest Schwab 1000 Index ETF seller in Q2 2023 was Pension & Wealth Management Advisors, an estimated $3.37M sold.
Based on aggregated 13F filings for Q2 2023.