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Schwab Short-Term US Treasury ETF

696 hedge funds and large institutions have $7.78B invested in Schwab Short-Term US Treasury ETF in 2026 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 297 increasing their positions, 239 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 51

24% more repeat investments, than reductions

Existing positions increased: 297 | Existing positions reduced: 239

2% more funds holding

Funds holding: 682696 (+14)

3% less capital invested

Capital invested by funds: $8.01B → $7.78B (-$229M)

2.4% less ownership

Funds ownership: 67.56%65.16% (-2.4%)

4% less funds holding in top 10

Funds holding in top 10: 5452 (-2)

Holders
696
Holders Change
+14
Holders Change %
+2.05%
% of All Funds
8.52%
Holding in Top 10
52
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-3.7%
% of All Funds
0.64%
New
77
Increased
297
Reduced
239
Closed
51
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MIM
26
Morningstar Investment Management
Illinois
$39.2M -$2.76M -113,181 -7%
SGAM
27
Stephens Group Asset Management
Arkansas
$37.5M -$13M -533,280 -26%
WA
28
Waverly Advisors
Alabama
$36.9M +$15.7M +643,713 +73%
DC
29
Davenport & Co
Virginia
$36.2M -$5.78M -237,574 -14%
WJA
30
Willis Johnson & Associates
Texas
$35.4M +$2.4M +98,635 +7%
Mercer Global Advisors
31
Mercer Global Advisors
Colorado
$34M -$904K -37,144 -3%
AFS
32
Access Financial Services
Minnesota
$33.6M +$53.8K +2,210 +0.2%
MCM
33
MAI Capital Management
Ohio
$33.1M +$2.48M +102,019 +8%
LIM
34
Leavell Investment Management
Alabama
$33.1M +$1.94M +79,514 +6%
BCP
35
Blackhawk Capital Partners
Wisconsin
$30.1M +$30.2M +1,241,367 New
PCM
36
Passive Capital Management
Maryland
$30M +$1.66M +68,149 +6%
KIM
37
Kestra Investment Management
Texas
$29.3M +$29.4M +1,208,324 New
UCMOK
38
United Capital Management of KS
Kansas
$28.5M +$1.11M +45,606 +4%
MPWT
39
MassMutual Private Wealth & Trust
Connecticut
$27.8M +$7.21M +296,365 +35%
CST
40
Charles Schwab Trust
Nevada
$26.7M +$1.57M +64,464 +6%
AWM
41
Avior Wealth Management
Nebraska
$25.7M +$1.81M +74,310 +8%
HF
42
Holcombe Financial
Georgia
$25M +$1.7M +69,726 +7%
MWC
43
MBM Wealth Consultants
Missouri
$23.4M +$1.54M +63,131 +7%
GGS
44
Galvin Gaustad & Stein
Arizona
$21.5M +$104K +4,262 +0.5%
JAG
45
Journey Advisory Group
Kentucky
$20.9M +$1.57M +64,548 +8%
CMP
46
Courage Miller Partners
Virginia
$19.9M +$620K +25,466 +3%
Cetera Investment Advisers
47
Cetera Investment Advisers
Illinois
$19.5M -$6.07M -249,561 -24%
RWB
48
RMR Wealth Builders
New Jersey
$19.3M +$3.4M +139,553 +21%
NG
49
Novem Group
New York
$19.2M +$805K +33,051 +4%
AF
50
Advisornet Financial
Minnesota
$18.9M -$247K -10,137 -1%

SCHO Hedge Fund Activity: Q1 2026 in Review

696 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Schwab Short-Term US Treasury ETF (SCHO) for Q1 2026, worth a combined $7.78B — down 2.9% from $8.01B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new SCHO positions and 51 closed out — a net gain of 26 holders — while 297 added to existing stakes and 239 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $81.8M. The largest seller was Bank of America, cutting an estimated $287M.

  • 696 institutional investors held Schwab Short-Term US Treasury ETF (SCHO) as of Q1 2026, up from 682 in Q4 2025.
  • Funds reported $7.78B of Schwab Short-Term US Treasury ETF stock for Q1 2026, down 2.9% quarter-over-quarter.
  • 77 funds opened new Schwab Short-Term US Treasury ETF positions in Q1 2026 and 51 closed out, a net change of +26 holders.
  • The largest Schwab Short-Term US Treasury ETF buyer in Q1 2026 was JP Morgan Chase, an estimated $81.8M added.
  • The largest Schwab Short-Term US Treasury ETF seller in Q1 2026 was Bank of America, an estimated $287M sold.

Based on aggregated 13F filings for Q1 2026.