Schwab US Mid-Cap ETF
SCHM
944 hedge funds and large institutions have $8.14B invested in Schwab US Mid-Cap ETF in 2025 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 332 increasing their positions, 399 reducing their positions, and 52 closing their positions.
35% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 52
5% more capital invested
Capital invested by funds: $7.76B → $8.14B (+$384M)
0% less funds holding
Funds holding: 945 → 944 (-1)
6% less funds holding in top 10
Funds holding in top 10: 65 → 61 (-4)
6.83% less ownership
Funds ownership: 67.09% → 60.26% (-6.8%)
17% less repeat investments, than reductions
Existing positions increased: 332 | Existing positions reduced: 399
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$54M |
| 2 |
Morgan Stanley
New York
|
+$24.1M |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
+$16.6M |
| 4 |
MGIA
Moneta Group Investment Advisors
St Louis,
Missouri
|
+$16.2M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
-$44.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$24.4M |
| 3 |
EGWAG
Elwood & Goetz Wealth Advisory Group
Athens,
Georgia
|
-$19.5M |
| 4 |
Cerity Partners
New York
|
-$16.5M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$12.4M |
SCHM Hedge Fund Activity: Q3 2025 in Review
944 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Schwab US Mid-Cap ETF (SCHM) for Q3 2025, worth a combined $8.14B — up 4.9% from $7.76B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new SCHM positions and 52 closed out — a net gain of 18 holders — while 332 added to existing stakes and 399 trimmed.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $54M. The largest seller was Financial Engines Advisors, cutting an estimated $44.9M.
- 944 institutional investors held Schwab US Mid-Cap ETF (SCHM) as of Q3 2025, down from 945 in Q2 2025.
- Funds reported $8.14B of Schwab US Mid-Cap ETF stock for Q3 2025, up 4.9% quarter-over-quarter.
- 70 funds opened new Schwab US Mid-Cap ETF positions in Q3 2025 and 52 closed out, a net change of +18 holders.
- The largest Schwab US Mid-Cap ETF buyer in Q3 2025 was Thrivent Financial for Lutherans, an estimated $54M added.
- The largest Schwab US Mid-Cap ETF seller in Q3 2025 was Financial Engines Advisors, an estimated $44.9M sold.
Based on aggregated 13F filings for Q3 2025.