Schwab US Mid-Cap ETF
SCHM
213 hedge funds and large institutions have $744M invested in Schwab US Mid-Cap ETF in 2016 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 111 increasing their positions, 54 reducing their positions, and 11 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 54
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
19% more capital invested
Capital invested by funds: $628M → $744M (+$117M)
14% more funds holding in top 10
Funds holding in top 10: 22 → 25 (+3)
3.71% more ownership
Funds ownership: 83.84% → 87.55% (+3.7%)
3% more funds holding
Funds holding: 206 → 213 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$27.5M |
| 2 |
AB
AT Bancorp
Dubuque,
Iowa
|
+$17.2M |
| 3 |
LWMT
Legacy Wealth Management (Tennessee)
Memphis,
Tennessee
|
+$10.3M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$7.66M |
| 5 |
LIM
Lathrop Investment Management
Little Rock,
Arkansas
|
+$5.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
-$10.1M |
| 2 |
Jane Street
New York
|
-$4.75M |
| 3 |
Goldman Sachs
New York
|
-$2.39M |
| 4 |
KF
Krilogy Financial
St. Louis,
Missouri
|
-$2.02M |
| 5 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$1.64M |
SCHM Hedge Fund Activity: Q3 2016 in Review
213 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Schwab US Mid-Cap ETF (SCHM) for Q3 2016, worth a combined $744M — up 19% from $628M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SCHM positions and 11 closed out — a net gain of 9 holders — while 111 added to existing stakes and 54 trimmed.
The largest buyer was HBK Sorce Advisory, adding an estimated $27.5M. The largest seller was Salem Investment Counselors, exiting entirely with an estimated $10.1M sold.
- 213 institutional investors held Schwab US Mid-Cap ETF (SCHM) as of Q3 2016, up from 206 in Q2 2016.
- Funds reported $744M of Schwab US Mid-Cap ETF stock for Q3 2016, up 19% quarter-over-quarter.
- 20 funds opened new Schwab US Mid-Cap ETF positions in Q3 2016 and 11 closed out, a net change of +9 holders.
- The largest Schwab US Mid-Cap ETF buyer in Q3 2016 was HBK Sorce Advisory, an estimated $27.5M added.
- The largest Schwab US Mid-Cap ETF seller in Q3 2016 was Salem Investment Counselors, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2016.