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SMBS

Schwab Mortgage-Backed Securities ETF

54 hedge funds and large institutions have $5.46B invested in Schwab Mortgage-Backed Securities ETF in 2025 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 12

88% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 8

32% more funds holding

Funds holding: 4154 (+13)

5% more capital invested

Capital invested by funds: $5.18B → $5.46B (+$278M)

0.11% less ownership

Funds ownership: 99.56%99.45% (-0.11%)

Holders
54
Holders Change
+13
Holders Change %
+31.71%
% of All Funds
0.71%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
27
Increased
15
Reduced
8
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
1
Charles Schwab
California
$5.43B +$230M +9,054,278 +4%
CI
2
CacheTech Inc
Utah
$9.76M +$682K +26,827 +8%
AWM
3
Adams Wealth Management
Utah
$9.06M -$5.69K -224 -0.1%
SF
4
Summit Financial
New Jersey
$2.73M +$2.7M +106,267 New
Citadel Advisors
5
Citadel Advisors
Florida
$1.94M -$1.39M -54,827 -42%
Goldman Sachs
6
Goldman Sachs
New York
$886K -$769K -30,280 -47%
LPL Financial
7
LPL Financial
California
$628K +$197K +7,743 +46%
CFG
8
Chapman Financial Group
Hawaii
$620K +$162K +6,358 +36%
Mercer Global Advisors
9
Mercer Global Advisors
Colorado
$606K +$599K +23,580 New
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$486K +$218K +8,596 +83%
Mariner
11
Mariner
Kansas
$445K +$440K +17,323 New
Jane Street
12
Jane Street
New York
$414K -$1.46M -57,478 -78%
CD
13
Chapin Davis
Maryland
$326K +$323K +12,698 New
OGF
14
Orin Green Financial
California
$292K +$288K +11,352 New
EWM
15
Empirical Wealth Management
Washington
$261K +$258K +10,140 New
JWBC
16
John W. Brooker & Co
California
$225K +$222K +8,748 New
Osaic Holdings
17
Osaic Holdings
Arizona
$124K +$62.6K +2,465 +104%
Morgan Stanley
18
Morgan Stanley
New York
$106K +$100K +3,937 +1,978%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$103K +$86.4K +3,399 +555%
CA
20
CoreCap Advisors
Michigan
$75.2K -$179K -7,047 -71%
PP
21
PFS Partners
New Jersey
$69.1K +$68.3K +2,688 New
Bank of America
22
Bank of America
North Carolina
$43.9K +$34.2K +1,345 +373%
Northwestern Mutual Wealth Management
23
Northwestern Mutual Wealth Management
Wisconsin
$41K -$8.05K -317 -17%
HI
24
Hoey Investments
Pennsylvania
$40K
LFG
25
Larson Financial Group
Missouri
$36K -$157K -6,183 -82%

SMBS Hedge Fund Activity: Q3 2025 in Review

54 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Schwab Mortgage-Backed Securities ETF (SMBS) for Q3 2025, worth a combined $5.46B — up 5.4% from $5.18B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new SMBS positions and 12 closed out — a net gain of 15 holders — while 15 added to existing stakes and 8 trimmed.

The largest buyer was Charles Schwab, adding an estimated $230M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $3.61M sold.

  • 54 institutional investors held Schwab Mortgage-Backed Securities ETF (SMBS) as of Q3 2025, up from 41 in Q2 2025.
  • Funds reported $5.46B of Schwab Mortgage-Backed Securities ETF stock for Q3 2025, up 5.4% quarter-over-quarter.
  • 27 funds opened new Schwab Mortgage-Backed Securities ETF positions in Q3 2025 and 12 closed out, a net change of +15 holders.
  • The largest Schwab Mortgage-Backed Securities ETF buyer in Q3 2025 was Charles Schwab, an estimated $230M added.
  • The largest Schwab Mortgage-Backed Securities ETF seller in Q3 2025 was JP Morgan Chase, an estimated $3.61M sold.

Based on aggregated 13F filings for Q3 2025.