Schwab Short-Term US Treasury ETF
SCHO
643 hedge funds and large institutions have $7.83B invested in Schwab Short-Term US Treasury ETF in 2025 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 285 increasing their positions, 235 reducing their positions, and 57 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 235
2% more capital invested
Capital invested by funds: $7.7B → $7.83B (+$129M)
0.23% less ownership
Funds ownership: 69.88% → 69.65% (-0.23%)
2% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 57
2% less funds holding
Funds holding: 654 → 643 (-11)
8% less funds holding in top 10
Funds holding in top 10: 52 → 48 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$233M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$31.5M |
| 3 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
+$17.3M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$13.9M |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$89.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$31.1M |
| 3 |
LPL Financial
San Diego,
California
|
-$25.9M |
| 4 |
AssetMark Inc
Concord,
California
|
-$19.3M |
| 5 |
BOPW
Brandywine Oak Private Wealth
Kennett Square,
Pennsylvania
|
-$15.6M |
SCHO Hedge Fund Activity: Q3 2025 in Review
643 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Schwab Short-Term US Treasury ETF (SCHO) for Q3 2025, worth a combined $7.83B — up 1.7% from $7.7B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of SCHO and 56 opened new positions — a net loss of 1 holder — while 235 trimmed existing stakes and 285 added.
The largest buyer was Bank of America, adding an estimated $233M. The largest seller was Ameriprise, cutting an estimated $89.4M.
- 643 institutional investors held Schwab Short-Term US Treasury ETF (SCHO) as of Q3 2025, down from 654 in Q2 2025.
- Funds reported $7.83B of Schwab Short-Term US Treasury ETF stock for Q3 2025, up 1.7% quarter-over-quarter.
- 56 funds opened new Schwab Short-Term US Treasury ETF positions in Q3 2025 and 57 closed out, a net change of -1 holder.
- The largest Schwab Short-Term US Treasury ETF buyer in Q3 2025 was Bank of America, an estimated $233M added.
- The largest Schwab Short-Term US Treasury ETF seller in Q3 2025 was Ameriprise, an estimated $89.4M sold.
Based on aggregated 13F filings for Q3 2025.