Schwab US TIPS ETF
SCHP
37 hedge funds and large institutions have $71.5M invested in Schwab US TIPS ETF in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 10 closing their positions.
11.36% less ownership
Funds ownership: 45.7% → 34.34% (-11%)
18% less funds holding
Funds holding: 45 → 37 (-8)
39% less capital invested
Capital invested by funds: $116M → $71.5M (-$45M)
47% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 19
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$810K |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$687K |
| 3 |
Charles Schwab
San Francisco,
California
|
+$629K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$445K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$387K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$20.3M |
| 2 |
3AM
3D Asset Management
Hartford,
Connecticut
|
-$11M |
| 3 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
-$3.48M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.48M |
| 5 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
-$2.81M |
SCHP Hedge Fund Activity: Q3 2013 in Review
37 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Schwab US TIPS ETF (SCHP) for Q3 2013, worth a combined $71.5M — down 39% from $116M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SCHP and 3 opened new positions — a net loss of 7 holders — while 19 trimmed existing stakes and 10 added.
The largest buyer was Bluefin Capital Management, opening a new position worth an estimated $810K. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $20.3M.
- 37 institutional investors held Schwab US TIPS ETF (SCHP) as of Q3 2013, down from 45 in Q2 2013.
- Funds reported $71.5M of Schwab US TIPS ETF stock for Q3 2013, down 39% quarter-over-quarter.
- 3 funds opened new Schwab US TIPS ETF positions in Q3 2013 and 10 closed out, a net change of -7 holders.
- The largest Schwab US TIPS ETF buyer in Q3 2013 was Bluefin Capital Management, an estimated $810K added.
- The largest Schwab US TIPS ETF seller in Q3 2013 was Charles Schwab Investment Advisory, an estimated $20.3M sold.
Based on aggregated 13F filings for Q3 2013.