Schwab US Mid-Cap ETF
SCHM
776 hedge funds and large institutions have $6.18B invested in Schwab US Mid-Cap ETF in 2023 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 304 increasing their positions, 302 reducing their positions, and 38 closing their positions.
8,407% more call options, than puts
Call options by funds: $1.19M | Put options by funds: $14K
4% more funds holding in top 10
Funds holding in top 10: 78 → 81 (+3)
3.53% more ownership
Funds ownership: 192.39% → 195.92% (+3.5%)
8% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 38
1% more repeat investments, than reductions
Existing positions increased: 304 | Existing positions reduced: 302
1% less funds holding
Funds holding: 782 → 776 (-6)
1% less capital invested
Capital invested by funds: $6.28B → $6.18B (-$93.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$151M |
| 2 |
Financial Engines Advisors
Santa Clara,
California
|
+$122M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$16.9M |
| 4 |
SIS
Strategic Investment Solutions
Orland Park,
Illinois
|
+$16.6M |
| 5 |
Lido Advisors
Los Angeles,
California
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$69.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.12M |
| 3 |
PA
Procyon Advisors
Shelton,
Connecticut
|
-$5.54M |
| 4 |
RCA
Reitz Capital Advisors
Freeland,
Michigan
|
-$5.49M |
| 5 |
PIMG
Patriot Investment Management Group
Knoxville,
Tennessee
|
-$5.25M |
SCHM Hedge Fund Activity: Q3 2023 in Review
776 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Schwab US Mid-Cap ETF (SCHM) for Q3 2023, worth a combined $6.18B — down 1.5% from $6.28B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SCHM positions and 38 closed out — a net gain of 3 holders — while 304 added to existing stakes and 302 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $151M. The largest seller was Gradient Investments, cutting an estimated $69.7M.
- 776 institutional investors held Schwab US Mid-Cap ETF (SCHM) as of Q3 2023, down from 782 in Q2 2023.
- Funds reported $6.18B of Schwab US Mid-Cap ETF stock for Q3 2023, down 1.5% quarter-over-quarter.
- 41 funds opened new Schwab US Mid-Cap ETF positions in Q3 2023 and 38 closed out, a net change of +3 holders.
- The largest Schwab US Mid-Cap ETF buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $151M added.
- The largest Schwab US Mid-Cap ETF seller in Q3 2023 was Gradient Investments, an estimated $69.7M sold.
Based on aggregated 13F filings for Q3 2023.