Schwab US Mid-Cap ETF
SCHM
307 hedge funds and large institutions have $1.17B invested in Schwab US Mid-Cap ETF in 2017 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 167 increasing their positions, 67 reducing their positions, and 17 closing their positions.
149% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 67
124% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 17
14% more funds holding in top 10
Funds holding in top 10: 35 → 40 (+5)
12% more capital invested
Capital invested by funds: $1.04B → $1.17B (+$128M)
7% more funds holding
Funds holding: 286 → 307 (+21)
4.03% more ownership
Funds ownership: 91.26% → 95.29% (+4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$25.7M |
| 2 |
AWMG
Alliance Wealth Management Group
Flemington,
New Jersey
|
+$6.43M |
| 3 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$4.77M |
| 4 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
+$4.71M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$3.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWMT
Legacy Wealth Management (Tennessee)
Memphis,
Tennessee
|
-$12.4M |
| 2 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
-$7.33M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$5.22M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.25M |
| 5 |
JFG
JMG Financial Group
Downers Grove,
Illinois
|
-$2.29M |
SCHM Hedge Fund Activity: Q3 2017 in Review
307 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Schwab US Mid-Cap ETF (SCHM) for Q3 2017, worth a combined $1.17B — up 12% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new SCHM positions and 17 closed out — a net gain of 21 holders — while 167 added to existing stakes and 67 trimmed.
The largest buyer was Financial Engines Advisors, adding an estimated $25.7M. The largest seller was Legacy Wealth Management (Tennessee), cutting an estimated $12.4M.
- 307 institutional investors held Schwab US Mid-Cap ETF (SCHM) as of Q3 2017, up from 286 in Q2 2017.
- Funds reported $1.17B of Schwab US Mid-Cap ETF stock for Q3 2017, up 12% quarter-over-quarter.
- 38 funds opened new Schwab US Mid-Cap ETF positions in Q3 2017 and 17 closed out, a net change of +21 holders.
- The largest Schwab US Mid-Cap ETF buyer in Q3 2017 was Financial Engines Advisors, an estimated $25.7M added.
- The largest Schwab US Mid-Cap ETF seller in Q3 2017 was Legacy Wealth Management (Tennessee), an estimated $12.4M sold.
Based on aggregated 13F filings for Q3 2017.