Schwab US Mid-Cap ETF
SCHM
853 hedge funds and large institutions have $7B invested in Schwab US Mid-Cap ETF in 2023 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 305 increasing their positions, 324 reducing their positions, and 30 closing their positions.
290% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 30
168% more call options, than puts
Call options by funds: $625K | Put options by funds: $233K
36.1% more ownership
Funds ownership: 195.92% → 232.02% (+36%)
13% more capital invested
Capital invested by funds: $6.18B → $7B (+$822M)
10% more funds holding
Funds holding: 776 → 853 (+77)
9% more funds holding in top 10
Funds holding in top 10: 81 → 88 (+7)
6% less repeat investments, than reductions
Existing positions increased: 305 | Existing positions reduced: 324
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$1.22B |
| 2 |
Financial Engines Advisors
Santa Clara,
California
|
+$44.1M |
| 3 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$29.2M |
| 4 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$24.5M |
| 5 |
Morgan Stanley
New York
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$31.2M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$24.2M |
| 3 |
Lido Advisors
Los Angeles,
California
|
-$22.4M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$20.9M |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$19M |
SCHM Hedge Fund Activity: Q4 2023 in Review
853 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Schwab US Mid-Cap ETF (SCHM) for Q4 2023, worth a combined $7B — up 13% from $6.18B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new SCHM positions and 30 closed out — a net gain of 87 holders — while 305 added to existing stakes and 324 trimmed.
The largest buyer was Cerity Partners, adding an estimated $1.22B. The largest seller was HBK Sorce Advisory, cutting an estimated $31.2M.
- 853 institutional investors held Schwab US Mid-Cap ETF (SCHM) as of Q4 2023, up from 776 in Q3 2023.
- Funds reported $7B of Schwab US Mid-Cap ETF stock for Q4 2023, up 13% quarter-over-quarter.
- 117 funds opened new Schwab US Mid-Cap ETF positions in Q4 2023 and 30 closed out, a net change of +87 holders.
- The largest Schwab US Mid-Cap ETF buyer in Q4 2023 was Cerity Partners, an estimated $1.22B added.
- The largest Schwab US Mid-Cap ETF seller in Q4 2023 was HBK Sorce Advisory, an estimated $31.2M sold.
Based on aggregated 13F filings for Q4 2023.