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Institutional Ownership · SEC Form 13F

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.

857
Institutional holders
152,537,332
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
Creative Planning added21,758,142$717M16.8%2026-Q1
Financial Engines Advisors L.L.C. trimmed15,542,282$512M12.0%2026-Q1
HighTower Advisors, LLC trimmed9,475,403$312M7.3%2026-Q1
Rakuten Investment Management, Inc. added4,491,206$149M3.5%2026-Q1
US BANCORP \DE\ trimmed3,643,590$120M2.8%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added3,371,879$111M2.6%2026-Q1
MORGAN STANLEY added2,432,609$80M1.9%2026-Q1
REBALANCE, LLC added2,184,395$72M1.7%2026-Q1
Orgel Wealth Management, LLC added2,110,215$70M1.6%2026-Q1
MATHER GROUP, LLC. trimmed2,081,385$69M1.6%2026-Q1
JONES FINANCIAL COMPANIES LLLP added2,106,721$68M1.6%2026-Q1
MONETA GROUP INVESTMENT ADVISORS LLC added1,914,788$63M1.5%2026-Q1
Sanctuary Advisors, LLC added1,909,261$63M1.5%2026-Q1
Krilogy Financial LLC added1,704,193$60M1.4%2026-Q1
JPMORGAN CHASE & CO trimmed1,721,550$55M1.3%2026-Q1
FMR LLC trimmed1,565,070$52M1.2%2026-Q1
Mountain Capital Investment Advisors Inc. added1,431,314$51M1.2%2026-Q1
Mariner, LLC added1,525,115$50M1.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added1,524,161$50M1.2%2026-Q1
Corient Private Wealth LLC added1,500,199$49M1.2%2026-Q1
WELLS FARGO & COMPANY/MN added1,480,192$49M1.1%2026-Q1
Heartwood Wealth Advisors LLC trimmed1,471,629$48M1.1%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV trimmed1,446,971$48M1.1%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed1,288,013$42M1.0%2026-Q1
Wealthspire Advisors, LLC added1,256,495$41M1.0%2026-Q1
Fund Evaluation Group, LLC trimmed1,224,851$40M0.9%2026-Q1
RAINEY & RANDALL WEALTH ADVISORS INC. added1,092,100$36M0.8%2026-Q1
COOPER/HAIMS ADVISORS, LLC trimmed1,055,311$35M0.8%2026-Q1
Waverly Advisors, LLC added1,042,983$34M0.8%2026-Q1
JMG Financial Group, Ltd. trimmed942,824$31M0.7%2026-Q1
McAdam, LLC trimmed939,664$31M0.7%2026-Q1
UBS Group AG added896,838$30M0.7%2026-Q1
Cerity Partners LLC added887,746$29M0.7%2026-Q1
HBK Sorce Advisory LLC trimmed792,488$29M0.7%2026-Q1
Cetera Investment Advisers added847,101$28M0.7%2026-Q1
BENJAMIN EDWARDS INC added810,336$27M0.6%2026-Q1
SCS Capital Management LLC added749,111$25M0.6%2026-Q1
Charles Schwab Trust Co added692,044$23M0.5%2026-Q1
OSAIC HOLDINGS, INC. added679,704$22M0.5%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed654,911$22M0.5%2026-Q1
Ballentine Partners, LLC trimmed650,782$21M0.5%2026-Q1
BlueSky Wealth Advisors, LLC trimmed628,752$21M0.5%2026-Q1
93 Financial Group, LLC trimmed623,006$21M0.5%2026-Q1
Thrivent Financial for Lutherans added595,196$20M0.5%2026-Q1
Focus Partners Wealth added543,184$18M0.4%2026-Q1
SUMMIT WEALTH & RETIREMENT PLANNING, INC. added500,583$16M0.4%2026-Q1
L2 Asset Management, LLC added497,259$16M0.4%2026-Q1
LPL Financial LLC added491,328$16M0.4%2026-Q1
Alliance Wealth Management Group added490,541$16M0.4%2026-Q1
Towercrest Capital Management added490,541$16M0.4%2026-Q1
NAPLES GLOBAL ADVISORS, LLC added485,317$16M0.4%2026-Q1
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management trimmed450,361$15M0.3%2026-Q1
TruNorth Capital Management, LLC trimmed449,426$15M0.3%2026-Q1
Procyon Advisors, LLC trimmed434,831$14M0.3%2026-Q1
DROMS STRAUSS ADVISORS INC /MO/ /ADV trimmed433,989$14M0.3%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed432,414$14M0.3%2026-Q1
KLINGENSTEIN FIELDS & CO LP trimmed428,431$14M0.3%2026-Q1
AMERIPRISE FINANCIAL INC added384,988$13M0.3%2026-Q1
RFG - Bristol Wealth Advisors, LLC added375,633$12M0.3%2026-Q1
Gemmer Asset Management LLC added369,944$12M0.3%2026-Q1
PRINCIPAL SECURITIES, INC. added364,570$12M0.3%2026-Q1
Almanack Investment Partners, LLC. added356,821$12M0.3%2026-Q1
TRUIST FINANCIAL CORP added347,527$11M0.3%2026-Q1
IHT Wealth Management, LLC trimmed346,432$11M0.3%2026-Q1
Pathstone Holdings, LLC trimmed346,106$11M0.3%2026-Q1
NORTH STAR ASSET MANAGEMENT INC added343,404$11M0.3%2026-Q1
BANK OF AMERICA CORP /DE/ added343,290$11M0.3%2026-Q1
Brand Asset Management Group, Inc. added334,074$11M0.3%2026-Q1
SigFig Wealth Management, LLC trimmed326,253$11M0.3%2026-Q1
Cambridge Investment Research Advisors, Inc. trimmed325,155$11M0.3%2026-Q1
CAPTRUST FINANCIAL ADVISORS trimmed322,381$11M0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC added316,432$10M0.2%2026-Q1
Cresset Asset Management, LLC trimmed316,078$10M0.2%2026-Q1
HC Advisors, LLC trimmed313,928$10M0.2%2026-Q1
Red Tortoise LLC trimmed308,145$10M0.2%2026-Q1
Prime Capital Investment Advisors, LLC trimmed300,063$10M0.2%2026-Q1
ROYAL BANK OF CANADA trimmed299,735$10M0.2%2026-Q1
Visionary Wealth Advisors added297,394$10M0.2%2026-Q1
Steele Capital Management, Inc. trimmed292,361$10M0.2%2026-Q1
Seneca Financial Advisors LLC trimmed287,716$9M0.2%2026-Q1
AlphaCore Capital LLC trimmed284,654$9M0.2%2026-Q1
HANTZ FINANCIAL SERVICES, INC. added276,501$9M0.2%2026-Q1
Garde Capital, Inc. trimmed276,480$9M0.2%2026-Q1
Wedmont Private Capital trimmed264,567$9M0.2%2026-Q1
BALLAST ADVISORS LLC added274,403$9M0.2%2026-Q1
Apriem Advisors trimmed272,299$9M0.2%2026-Q1
Invst, LLC trimmed258,277$9M0.2%2026-Q1
BlackRock, Inc. added255,699$8M0.2%2026-Q1
Boltwood Capital Management added255,695$8M0.2%2026-Q1
OLD MISSION CAPITAL LLC added250,217$8M0.2%2026-Q1
BERKSHIRE ASSET MANAGEMENT LLC/PA added248,234$8M0.2%2026-Q1
Geneos Wealth Management Inc. added246,807$8M0.2%2026-Q1
Savant Capital, LLC trimmed234,834$8M0.2%2026-Q1
SageView Advisory Group, LLC trimmed3,358,935$110M2.6%2025-Q4 stale
PURE PORTFOLIOS HOLDINGS LLC added515,022$17M0.4%2025-Q4 stale
WOOSTER CORTHELL WEALTH MANAGEMENT, INC. trimmed453,615$14M0.3%2025-Q2 stale
DRW Securities, LLC added411,908$13M0.3%2025-Q4 stale
Main Street Financial Solutions, LLC added304,716$10M0.2%2025-Q4 stale
FLOW TRADERS U.S. LLC added326,578$9M0.2%2025-Q1 stale
Callan Capital, LLC trimmed277,822$8M0.2%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.

HoldersTotal shares

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.

Learn how to read institutional ownership