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Schwab Short-Term US Treasury ETF

654 hedge funds and large institutions have $7.7B invested in Schwab Short-Term US Treasury ETF in 2025 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 271 increasing their positions, 240 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $2.4M | Put options by funds: $1.71M

38% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 50

13% more repeat investments, than reductions

Existing positions increased: 271 | Existing positions reduced: 240

2% more funds holding

Funds holding: 641654 (+13)

3% more capital invested

Capital invested by funds: $7.47B → $7.7B (+$237M)

0.2% less ownership

Funds ownership: 70.08%69.88% (-0.2%)

2% less funds holding in top 10

Funds holding in top 10: 5352 (-1)

Holders
654
Holders Change
+13
Holders Change %
+2.03%
% of All Funds
8.61%
Holding in Top 10
52
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-1.89%
% of All Funds
0.68%
New
69
Increased
271
Reduced
240
Closed
50
Calls
$2.4M
Puts
$1.71M
Net Calls
+$690K
Net Calls Change
-$904K
Name Holding Trade Value Shares
Change
Change in
Stake
FCA
26
FLC Capital Advisors
California
$35.5M +$5.7M +234,601 +19%
Wealth Enhancement Advisory Services
27
Wealth Enhancement Advisory Services
Minnesota
$35.2M +$1.34M +55,145 +4%
BOPW
28
Brandywine Oak Private Wealth
Pennsylvania
$34M +$524K +21,567 +2%
SCM
29
SCS Capital Management
Massachusetts
$32.5M +$453K +18,633 +1%
HPA
30
High Probability Advisors
New York
$30.9M +$463K +19,054 +2%
MT
31
Midwest Trust
Kansas
$29.3M +$29.2M +1,202,205 New
LIM
32
Leavell Investment Management
Alabama
$28.7M +$947K +38,969 +3%
PCM
33
Passive Capital Management
Maryland
$27.1M -$1.59M -65,292 -6%
MFG
34
Merit Financial Group
Georgia
$26.6M +$4.66M +191,629 +21%
MCM
35
MAI Capital Management
Ohio
$26.2M +$926K +38,115 +4%
SWA
36
Stratos Wealth Advisors
Ohio
$26M -$113K -4,661 -0.4%
UCMOK
37
United Capital Management of KS
Kansas
$25.8M -$14.3M -587,862 -36%
Cetera Investment Advisers
38
Cetera Investment Advisers
Illinois
$25.5M -$1.26M -51,989 -5%
HF
39
Holcombe Financial
Georgia
$24.7M +$1.06M +43,710 +5%
CST
40
Charles Schwab Trust
Nevada
$22.7M +$2.74M +112,752 +14%
WF
41
Williams Financial
Vermont
$22.7M +$3.21M +132,069 +17%
UBS Group
42
UBS Group
Switzerland
$22.5M +$2.07M +85,043 +10%
AFG
43
Altiora Financial Group
Ohio
$22.4M -$418K -17,185 -2%
AssetMark Inc
44
AssetMark Inc
California
$21.7M +$5.74M +236,229 +36%
AWM
45
Avior Wealth Management
Nebraska
$21.1M +$579K +23,811 +3%
Northwestern Mutual Wealth Management
46
Northwestern Mutual Wealth Management
Wisconsin
$20.3M -$174K -7,166 -0.9%
MPWT
47
MassMutual Private Wealth & Trust
Connecticut
$20.1M -$170K -7,008 -0.8%
GGS
48
Galvin Gaustad & Stein
Arizona
$19.2M +$3.22M +132,363 +20%
FEG
49
Fund Evaluation Group
Ohio
$18.8M
AF
50
Advisornet Financial
Minnesota
$18.7M +$231K +9,501 +1%

SCHO Hedge Fund Activity: Q2 2025 in Review

654 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Schwab Short-Term US Treasury ETF (SCHO) for Q2 2025, worth a combined $7.7B — up 3.2% from $7.47B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new SCHO positions and 50 closed out — a net gain of 19 holders — while 271 added to existing stakes and 240 trimmed.

The largest buyer was Cerity Partners, adding an estimated $77.9M. The largest seller was Renaissance Technologies, cutting an estimated $47.3M.

  • 654 institutional investors held Schwab Short-Term US Treasury ETF (SCHO) as of Q2 2025, up from 641 in Q1 2025.
  • Funds reported $7.7B of Schwab Short-Term US Treasury ETF stock for Q2 2025, up 3.2% quarter-over-quarter.
  • 69 funds opened new Schwab Short-Term US Treasury ETF positions in Q2 2025 and 50 closed out, a net change of +19 holders.
  • The largest Schwab Short-Term US Treasury ETF buyer in Q2 2025 was Cerity Partners, an estimated $77.9M added.
  • The largest Schwab Short-Term US Treasury ETF seller in Q2 2025 was Renaissance Technologies, an estimated $47.3M sold.

Based on aggregated 13F filings for Q2 2025.