Schwab Mortgage-Backed Securities ETF
SMBS
77 hedge funds and large institutions have $6.07B invested in Schwab Mortgage-Backed Securities ETF in 2026 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 18 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
10% more funds holding
Funds holding: 70 → 77 (+7)
6% more capital invested
Capital invested by funds: $5.75B → $6.07B (+$321M)
1.04% less ownership
Funds ownership: 98.28% → 97.24% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$312M |
| 2 |
JP Morgan Chase
New York
|
+$15.9M |
| 3 |
Goldman Sachs
New York
|
+$8.41M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.7M |
| 5 |
SWM
Schwallier Wealth Management
Grand Rapids,
Michigan
|
+$4.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
-$755K |
| 2 |
HCWM
Hidden Cove Wealth Management
Bainbridge Island,
Washington
|
-$372K |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$231K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$183K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$179K |
SMBS Hedge Fund Activity: Q1 2026 in Review
77 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in Schwab Mortgage-Backed Securities ETF (SMBS) for Q1 2026, worth a combined $6.07B — up 5.6% from $5.75B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SMBS positions and 18 closed out — a net gain of 8 holders — while 24 added to existing stakes and 15 trimmed.
The largest buyer was Charles Schwab, adding an estimated $312M. The largest seller was Mariner, exiting entirely with an estimated $755K sold.
- 77 institutional investors held Schwab Mortgage-Backed Securities ETF (SMBS) as of Q1 2026, up from 70 in Q4 2025.
- Funds reported $6.07B of Schwab Mortgage-Backed Securities ETF stock for Q1 2026, up 5.6% quarter-over-quarter.
- 26 funds opened new Schwab Mortgage-Backed Securities ETF positions in Q1 2026 and 18 closed out, a net change of +8 holders.
- The largest Schwab Mortgage-Backed Securities ETF buyer in Q1 2026 was Charles Schwab, an estimated $312M added.
- The largest Schwab Mortgage-Backed Securities ETF seller in Q1 2026 was Mariner, an estimated $755K sold.
Based on aggregated 13F filings for Q1 2026.