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Schwab US Mid-Cap ETF

944 hedge funds and large institutions have $7.76B invested in Schwab US Mid-Cap ETF in 2025 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 339 increasing their positions, 386 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 40

6% more capital invested

Capital invested by funds: $7.29B → $7.76B (+$465M)

4% more funds holding

Funds holding: 911944 (+33)

1.07% less ownership

Funds ownership: 68.16%67.08% (-1.1%)

3% less funds holding in top 10

Funds holding in top 10: 6765 (-2)

12% less repeat investments, than reductions

Existing positions increased: 339 | Existing positions reduced: 386

Holders
944
Holders Change
+33
Holders Change %
+3.62%
% of All Funds
12.43%
Holding in Top 10
65
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-2.99%
% of All Funds
0.86%
New
84
Increased
339
Reduced
386
Closed
40
Calls
$258K
Puts
Net Calls
+$258K
Net Calls Change
-$791K
Name Holding Trade Value Shares
Change
Change in
Stake
Financial Engines Advisors
1
Financial Engines Advisors
California
$1.69B +$41.9M +1,586,972 +3%
Creative Planning
2
Creative Planning
Kansas
$830M +$18.1M +684,597 +2%
HighTower Advisors
3
HighTower Advisors
Illinois
$297M +$14.3M +542,228 +5%
Northwestern Mutual Wealth Management
4
Northwestern Mutual Wealth Management
Wisconsin
$288M +$54.6M +2,070,689 +25%
MGIA
5
Moneta Group Investment Advisors
Missouri
$266M +$15.8M +600,335 +7%
AA
6
Advisory Alpha
Michigan
$235M +$28.3M +1,072,948 +15%
Cerity Partners
7
Cerity Partners
New York
$168M -$23.9M -904,308 -13%
Wealth Enhancement Advisory Services
8
Wealth Enhancement Advisory Services
Minnesota
$166M -$2.79M -105,813 -2%
LWMT
9
Legacy Wealth Management (Tennessee)
Tennessee
$117M -$556K -21,087 -0.5%
JFG
10
JMG Financial Group
Illinois
$92.5M +$11.2M +423,102 +15%
FFA
11
Fragasso Financial Advisors
Pennsylvania
$81.6M -$2.44M -92,329 -3%
Jones Financial Companies
12
Jones Financial Companies
Missouri
$63.6M +$16.2M +615,039 +37%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$61.6M -$6.72M -254,914 -10%
Mariner
14
Mariner
Kansas
$59.9M -$1.37M -51,857 -2%
PCIA
15
Prime Capital Investment Advisors
Kansas
$58M -$23.9M -905,928 -30%
Raymond James Financial
16
Raymond James Financial
Florida
$55.9M -$11.2M -423,930 -18%
SFS
17
Summit Financial Strategies
Ohio
$50.9M -$1.94M -73,369 -4%
WA
18
Waverly Advisors
Alabama
$49.9M -$666K -25,243 -1%
Morgan Stanley
19
Morgan Stanley
New York
$49.7M +$4.99M +189,106 +12%
Ameriprise
20
Ameriprise
Minnesota
$46.1M -$4.61M -174,859 -10%
LPL Financial
21
LPL Financial
California
$45.8M -$384K -14,561 -0.9%
BPA
22
Beacon Pointe Advisors
California
$45.1M +$357K +13,535 +0.8%
Mercer Global Advisors
23
Mercer Global Advisors
Colorado
$44.3M -$759K -28,771 -2%
AWMS
24
Advocacy Wealth Management Services
Georgia
$41.8M -$321K -12,160 -0.8%
GAM
25
Gemmer Asset Management
California
$39.5M -$3.87M -146,543 -9%

SCHM Hedge Fund Activity: Q2 2025 in Review

944 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Schwab US Mid-Cap ETF (SCHM) for Q2 2025, worth a combined $7.76B — up 6.4% from $7.29B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new SCHM positions and 40 closed out — a net gain of 44 holders — while 339 added to existing stakes and 386 trimmed.

The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $54.6M. The largest seller was UBS Group, cutting an estimated $111M.

  • 944 institutional investors held Schwab US Mid-Cap ETF (SCHM) as of Q2 2025, up from 911 in Q1 2025.
  • Funds reported $7.76B of Schwab US Mid-Cap ETF stock for Q2 2025, up 6.4% quarter-over-quarter.
  • 84 funds opened new Schwab US Mid-Cap ETF positions in Q2 2025 and 40 closed out, a net change of +44 holders.
  • The largest Schwab US Mid-Cap ETF buyer in Q2 2025 was Northwestern Mutual Wealth Management, an estimated $54.6M added.
  • The largest Schwab US Mid-Cap ETF seller in Q2 2025 was UBS Group, an estimated $111M sold.

Based on aggregated 13F filings for Q2 2025.