Who owns SCHE (SCHE)
Which tracked institutional funds hold SCHE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SCHE company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
125 tracked funds added or opened SCHE while 73 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
SCHE’s largest tracked holder by dollar value, Creative Planning, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SCHE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 857 tracked filers holding SCHE, 389 increased or opened the position and 369 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in SCHE between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 16
- OAK FAMILY ADVISORS, LLC$5M
- Heirloom Wealth Management$2M
- Econ Financial Services Corp$2M
- RENAISSANCE TECHNOLOGIES LLC$2M
- PRINCIPAL FINANCIAL GROUP INC$1M
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC$1M
Full exits 18
- SageView Advisory Group, LLC$110M
- PURE PORTFOLIOS HOLDINGS LLC$17M
- DRW Securities, LLC$13M
- Main Street Financial Solutions, LLC$10M
- JANE STREET GROUP, LLC$7M
- Strategic Financial Planning, Inc.$3M
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$109M
- Creative Planning$98M
- Rakuten Investment Management, Inc.$75M
- ENVESTNET ASSET MANAGEMENT INC$34M
- Mountain Capital Investment Advisors Inc.$22M
- Waverly Advisors, LLC$18M
Largest trims
- US BANCORP \DE\$94M
- RMG Wealth Management LLC$45M
- CITADEL ADVISORS LLC$35M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$34M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$29M
- Financial Engines Advisors L.L.C.$19M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Creative Planning added | 21,758,142 | $717M | 16.8% | 2026-Q1 |
| Financial Engines Advisors L.L.C. trimmed | 15,542,282 | $512M | 12.0% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 9,475,403 | $312M | 7.3% | 2026-Q1 |
| Rakuten Investment Management, Inc. added | 4,491,206 | $149M | 3.5% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 3,643,590 | $120M | 2.8% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 3,371,879 | $111M | 2.6% | 2026-Q1 |
| MORGAN STANLEY added | 2,432,609 | $80M | 1.9% | 2026-Q1 |
| REBALANCE, LLC added | 2,184,395 | $72M | 1.7% | 2026-Q1 |
| Orgel Wealth Management, LLC added | 2,110,215 | $70M | 1.6% | 2026-Q1 |
| MATHER GROUP, LLC. trimmed | 2,081,385 | $69M | 1.6% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 2,106,721 | $68M | 1.6% | 2026-Q1 |
| MONETA GROUP INVESTMENT ADVISORS LLC added | 1,914,788 | $63M | 1.5% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 1,909,261 | $63M | 1.5% | 2026-Q1 |
| Krilogy Financial LLC added | 1,704,193 | $60M | 1.4% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 1,721,550 | $55M | 1.3% | 2026-Q1 |
| FMR LLC trimmed | 1,565,070 | $52M | 1.2% | 2026-Q1 |
| Mountain Capital Investment Advisors Inc. added | 1,431,314 | $51M | 1.2% | 2026-Q1 |
| Mariner, LLC added | 1,525,115 | $50M | 1.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,524,161 | $50M | 1.2% | 2026-Q1 |
| Corient Private Wealth LLC added | 1,500,199 | $49M | 1.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,480,192 | $49M | 1.1% | 2026-Q1 |
| Heartwood Wealth Advisors LLC trimmed | 1,471,629 | $48M | 1.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 1,446,971 | $48M | 1.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 1,288,013 | $42M | 1.0% | 2026-Q1 |
| Wealthspire Advisors, LLC added | 1,256,495 | $41M | 1.0% | 2026-Q1 |
| Fund Evaluation Group, LLC trimmed | 1,224,851 | $40M | 0.9% | 2026-Q1 |
| RAINEY & RANDALL WEALTH ADVISORS INC. added | 1,092,100 | $36M | 0.8% | 2026-Q1 |
| COOPER/HAIMS ADVISORS, LLC trimmed | 1,055,311 | $35M | 0.8% | 2026-Q1 |
| Waverly Advisors, LLC added | 1,042,983 | $34M | 0.8% | 2026-Q1 |
| JMG Financial Group, Ltd. trimmed | 942,824 | $31M | 0.7% | 2026-Q1 |
| McAdam, LLC trimmed | 939,664 | $31M | 0.7% | 2026-Q1 |
| UBS Group AG added | 896,838 | $30M | 0.7% | 2026-Q1 |
| Cerity Partners LLC added | 887,746 | $29M | 0.7% | 2026-Q1 |
| HBK Sorce Advisory LLC trimmed | 792,488 | $29M | 0.7% | 2026-Q1 |
| Cetera Investment Advisers added | 847,101 | $28M | 0.7% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 810,336 | $27M | 0.6% | 2026-Q1 |
| SCS Capital Management LLC added | 749,111 | $25M | 0.6% | 2026-Q1 |
| Charles Schwab Trust Co added | 692,044 | $23M | 0.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 679,704 | $22M | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 654,911 | $22M | 0.5% | 2026-Q1 |
| Ballentine Partners, LLC trimmed | 650,782 | $21M | 0.5% | 2026-Q1 |
| BlueSky Wealth Advisors, LLC trimmed | 628,752 | $21M | 0.5% | 2026-Q1 |
| 93 Financial Group, LLC trimmed | 623,006 | $21M | 0.5% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 595,196 | $20M | 0.5% | 2026-Q1 |
| Focus Partners Wealth added | 543,184 | $18M | 0.4% | 2026-Q1 |
| SUMMIT WEALTH & RETIREMENT PLANNING, INC. added | 500,583 | $16M | 0.4% | 2026-Q1 |
| L2 Asset Management, LLC added | 497,259 | $16M | 0.4% | 2026-Q1 |
| LPL Financial LLC added | 491,328 | $16M | 0.4% | 2026-Q1 |
| Alliance Wealth Management Group added | 490,541 | $16M | 0.4% | 2026-Q1 |
| Towercrest Capital Management added | 490,541 | $16M | 0.4% | 2026-Q1 |
| NAPLES GLOBAL ADVISORS, LLC added | 485,317 | $16M | 0.4% | 2026-Q1 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management trimmed | 450,361 | $15M | 0.3% | 2026-Q1 |
| TruNorth Capital Management, LLC trimmed | 449,426 | $15M | 0.3% | 2026-Q1 |
| Procyon Advisors, LLC trimmed | 434,831 | $14M | 0.3% | 2026-Q1 |
| DROMS STRAUSS ADVISORS INC /MO/ /ADV trimmed | 433,989 | $14M | 0.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 432,414 | $14M | 0.3% | 2026-Q1 |
| KLINGENSTEIN FIELDS & CO LP trimmed | 428,431 | $14M | 0.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 384,988 | $13M | 0.3% | 2026-Q1 |
| RFG - Bristol Wealth Advisors, LLC added | 375,633 | $12M | 0.3% | 2026-Q1 |
| Gemmer Asset Management LLC added | 369,944 | $12M | 0.3% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 364,570 | $12M | 0.3% | 2026-Q1 |
| Almanack Investment Partners, LLC. added | 356,821 | $12M | 0.3% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 347,527 | $11M | 0.3% | 2026-Q1 |
| IHT Wealth Management, LLC trimmed | 346,432 | $11M | 0.3% | 2026-Q1 |
| Pathstone Holdings, LLC trimmed | 346,106 | $11M | 0.3% | 2026-Q1 |
| NORTH STAR ASSET MANAGEMENT INC added | 343,404 | $11M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 343,290 | $11M | 0.3% | 2026-Q1 |
| Brand Asset Management Group, Inc. added | 334,074 | $11M | 0.3% | 2026-Q1 |
| SigFig Wealth Management, LLC trimmed | 326,253 | $11M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 325,155 | $11M | 0.3% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 322,381 | $11M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 316,432 | $10M | 0.2% | 2026-Q1 |
| Cresset Asset Management, LLC trimmed | 316,078 | $10M | 0.2% | 2026-Q1 |
| HC Advisors, LLC trimmed | 313,928 | $10M | 0.2% | 2026-Q1 |
| Red Tortoise LLC trimmed | 308,145 | $10M | 0.2% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC trimmed | 300,063 | $10M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 299,735 | $10M | 0.2% | 2026-Q1 |
| Visionary Wealth Advisors added | 297,394 | $10M | 0.2% | 2026-Q1 |
| Steele Capital Management, Inc. trimmed | 292,361 | $10M | 0.2% | 2026-Q1 |
| Seneca Financial Advisors LLC trimmed | 287,716 | $9M | 0.2% | 2026-Q1 |
| AlphaCore Capital LLC trimmed | 284,654 | $9M | 0.2% | 2026-Q1 |
| HANTZ FINANCIAL SERVICES, INC. added | 276,501 | $9M | 0.2% | 2026-Q1 |
| Garde Capital, Inc. trimmed | 276,480 | $9M | 0.2% | 2026-Q1 |
| Wedmont Private Capital trimmed | 264,567 | $9M | 0.2% | 2026-Q1 |
| BALLAST ADVISORS LLC added | 274,403 | $9M | 0.2% | 2026-Q1 |
| Apriem Advisors trimmed | 272,299 | $9M | 0.2% | 2026-Q1 |
| Invst, LLC trimmed | 258,277 | $9M | 0.2% | 2026-Q1 |
| BlackRock, Inc. added | 255,699 | $8M | 0.2% | 2026-Q1 |
| Boltwood Capital Management added | 255,695 | $8M | 0.2% | 2026-Q1 |
| OLD MISSION CAPITAL LLC added | 250,217 | $8M | 0.2% | 2026-Q1 |
| BERKSHIRE ASSET MANAGEMENT LLC/PA added | 248,234 | $8M | 0.2% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 246,807 | $8M | 0.2% | 2026-Q1 |
| Savant Capital, LLC trimmed | 234,834 | $8M | 0.2% | 2026-Q1 |
| SageView Advisory Group, LLC trimmed | 3,358,935 | $110M | 2.6% | 2025-Q4 stale |
| PURE PORTFOLIOS HOLDINGS LLC added | 515,022 | $17M | 0.4% | 2025-Q4 stale |
| WOOSTER CORTHELL WEALTH MANAGEMENT, INC. trimmed | 453,615 | $14M | 0.3% | 2025-Q2 stale |
| DRW Securities, LLC added | 411,908 | $13M | 0.3% | 2025-Q4 stale |
| Main Street Financial Solutions, LLC added | 304,716 | $10M | 0.2% | 2025-Q4 stale |
| FLOW TRADERS U.S. LLC added | 326,578 | $9M | 0.2% | 2025-Q1 stale |
| Callan Capital, LLC trimmed | 277,822 | $8M | 0.2% | 2025-Q1 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.