Who owns SCHF
Which tracked institutional funds hold SCHF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SCHF company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
397 tracked funds added or opened SCHF while 147 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
SCHF’s largest tracked holder by dollar value, NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO, sizes it at 4.6% of its own reported 13F book, while the median holder sizes it at 1.0% of theirs — a 3.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SCHF 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 1577 tracked filers holding SCHF, 757 increased or opened the position and 633 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 SCHF 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 44
- JANE STREET GROUP, LLC$158M
- Owl Creek Wealth Partners LLC$18M
- Sentinel Advisory Group, LLC$17M
- St. Clair Advisors, LLC$9M
- Heirloom Wealth Management$7M
- SEEDS INVESTOR LLC$5M
Full exits 42
- SageView Advisory Group, LLC$159M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$139M
- PURE PORTFOLIOS HOLDINGS LLC$27M
- BUSH INVESTMENT GROUP, LLC$25M
- NewEdge Advisors, LLC$23M
- Main Street Financial Solutions, LLC$23M
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$7.5B
- Empower Advisory Group, LLC$250M
- Wealthfront Advisers LLC$199M
- Creative Planning$160M
- BANK OF AMERICA CORP /DE/$66M
- Composition Wealth, LLC$49M
Largest trims
- Valpey Financial Services, LLC$216M
- MORGAN STANLEY$154M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$90M
- BNP PARIBAS FINANCIAL MARKETS$62M
- GOLDMAN SACHS GROUP INC$34M
- CITADEL ADVISORS LLC$32M
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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 302,286,734 | $7.5B | 24.4% | 2026-Q1 |
| Empower Advisory Group, LLC added | 185,695,369 | $4.6B | 15.0% | 2026-Q1 |
| Financial Engines Advisors L.L.C. trimmed | 152,570,229 | $3.8B | 12.3% | 2026-Q1 |
| Wealthfront Advisers LLC added | 116,338,040 | $2.9B | 9.4% | 2026-Q1 |
| Creative Planning added | 47,134,843 | $1.2B | 3.8% | 2026-Q1 |
| Betterment LLC trimmed | 21,209,364 | $525M | 1.7% | 2026-Q1 |
| HighTower Advisors, LLC added | 21,192,861 | $525M | 1.7% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 19,146,190 | $474M | 1.5% | 2026-Q1 |
| Composition Wealth, LLC added | 15,506,947 | $384M | 1.3% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 12,623,820 | $312M | 1.0% | 2026-Q1 |
| SCS Capital Management LLC trimmed | 12,487,960 | $309M | 1.0% | 2026-Q1 |
| Wealthspire Advisors, LLC added | 12,209,080 | $302M | 1.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 12,175,392 | $301M | 1.0% | 2026-Q1 |
| Mariner, LLC added | 9,995,681 | $247M | 0.8% | 2026-Q1 |
| Orgel Wealth Management, LLC added | 9,411,516 | $233M | 0.8% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 8,901,238 | $220M | 0.7% | 2026-Q1 |
| McAdam, LLC added | 8,408,940 | $208M | 0.7% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 8,345,201 | $201M | 0.7% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 7,478,304 | $185M | 0.6% | 2026-Q1 |
| Avantax Planning Partners, Inc. added | 7,317,057 | $181M | 0.6% | 2026-Q1 |
| Cresset Asset Management, LLC added | 7,007,246 | $173M | 0.6% | 2026-Q1 |
| Steele Capital Management, Inc. added | 6,911,388 | $171M | 0.6% | 2026-Q1 |
| REBALANCE, LLC added | 6,904,650 | $171M | 0.6% | 2026-Q1 |
| Cerity Partners LLC added | 6,885,220 | $171M | 0.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 6,575,417 | $163M | 0.5% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 6,402,151 | $158M | 0.5% | 2026-Q1 |
| LPL Financial LLC added | 6,221,234 | $154M | 0.5% | 2026-Q1 |
| Gemmer Asset Management LLC added | 6,097,616 | $151M | 0.5% | 2026-Q1 |
| BRANDYWINE OAK PRIVATE WEALTH LLC trimmed | 5,847,506 | $145M | 0.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 5,831,941 | $144M | 0.5% | 2026-Q1 |
| BESSEMER GROUP INC added | 5,683,178 | $141M | 0.5% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 5,609,716 | $140M | 0.5% | 2026-Q1 |
| Fund Evaluation Group, LLC trimmed | 5,533,237 | $137M | 0.4% | 2026-Q1 |
| FMR LLC added | 5,375,213 | $133M | 0.4% | 2026-Q1 |
| MONETA GROUP INVESTMENT ADVISORS LLC added | 4,579,118 | $113M | 0.4% | 2026-Q1 |
| UBS Group AG added | 4,551,204 | $113M | 0.4% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC trimmed | 4,430,297 | $110M | 0.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 4,182,884 | $104M | 0.3% | 2026-Q1 |
| JMG Financial Group, Ltd. trimmed | 4,116,077 | $102M | 0.3% | 2026-Q1 |
| Cetera Investment Advisers added | 4,042,225 | $100M | 0.3% | 2026-Q1 |
| SNS Financial Group, LLC trimmed | 3,613,363 | $89M | 0.3% | 2026-Q1 |
| BENJAMIN EDWARDS INC trimmed | 3,563,500 | $88M | 0.3% | 2026-Q1 |
| CHOREO, LLC added | 3,536,409 | $88M | 0.3% | 2026-Q1 |
| Charles Schwab Trust Co trimmed | 3,481,790 | $86M | 0.3% | 2026-Q1 |
| AlphaCore Capital LLC trimmed | 3,258,891 | $81M | 0.3% | 2026-Q1 |
| Truepoint, Inc. trimmed | 3,251,680 | $80M | 0.3% | 2026-Q1 |
| CWM, LLC added | 3,218,486 | $80M | 0.3% | 2026-Q1 |
| Focus Partners Wealth added | 3,172,935 | $79M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 3,143,277 | $78M | 0.3% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 3,125,753 | $77M | 0.3% | 2026-Q1 |
| FOSTER & MOTLEY INC added | 3,112,346 | $77M | 0.3% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 2,957,285 | $73M | 0.2% | 2026-Q1 |
| OARSMAN CAPITAL, INC. added | 2,806,554 | $69M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 2,705,673 | $67M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 2,656,034 | $66M | 0.2% | 2026-Q1 |
| Waverly Advisors, LLC added | 2,560,398 | $63M | 0.2% | 2026-Q1 |
| Evergreen Advisors, LLC added | 2,470,899 | $61M | 0.2% | 2026-Q1 |
| BlueStem Wealth Partners, LLC trimmed | 2,426,744 | $60M | 0.2% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 2,381,566 | $59M | 0.2% | 2026-Q1 |
| Riverpoint Wealth Management Holdings, LLC trimmed | 2,328,048 | $58M | 0.2% | 2026-Q1 |
| Modern Wealth Management, LLC added | 2,188,851 | $55M | 0.2% | 2026-Q1 |
| TruNorth Capital Management, LLC added | 2,208,619 | $55M | 0.2% | 2026-Q1 |
| Bleakley Financial Group, LLC added | 2,045,299 | $51M | 0.2% | 2026-Q1 |
| CITIZENS FINANCIAL GROUP INC/RI added | 2,027,127 | $50M | 0.2% | 2026-Q1 |
| Matrix Trust Co trimmed | 2,015,802 | $50M | 0.2% | 2026-Q1 |
| MAI Capital Management added | 1,907,799 | $47M | 0.2% | 2026-Q1 |
| Procyon Advisors, LLC trimmed | 1,890,225 | $47M | 0.2% | 2026-Q1 |
| PITTENGER & ANDERSON INC trimmed | 1,880,859 | $47M | 0.2% | 2026-Q1 |
| Visionary Wealth Advisors added | 1,868,703 | $46M | 0.2% | 2026-Q1 |
| FINANCIAL CONSULATE, INC added | 1,854,408 | $46M | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 1,847,119 | $46M | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 1,825,535 | $45M | 0.1% | 2026-Q1 |
| Goelzer Investment Management, Inc. trimmed | 1,813,550 | $45M | 0.1% | 2026-Q1 |
| CAPITAL ADVISORS INC/OK trimmed | 1,798,668 | $45M | 0.1% | 2026-Q1 |
| Forvis Mazars Wealth Advisors, LLC trimmed | 1,736,627 | $43M | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,729,716 | $41M | 0.1% | 2026-Q1 |
| Pacific Sage Partners, LLC added | 1,673,285 | $41M | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 1,624,903 | $40M | 0.1% | 2026-Q1 |
| Summit Asset Management, LLC added | 1,618,896 | $40M | 0.1% | 2026-Q1 |
| BlueSky Wealth Advisors, LLC added | 1,562,897 | $39M | 0.1% | 2026-Q1 |
| Payne Capital Management, LLC added | 1,538,351 | $38M | 0.1% | 2026-Q1 |
| KAVAR CAPITAL PARTNERS GROUP, LLC added | 1,482,356 | $37M | 0.1% | 2026-Q1 |
| Operose Advisors LLC added | 1,470,297 | $36M | 0.1% | 2026-Q1 |
| Perigon Wealth Management, LLC added | 1,414,506 | $35M | 0.1% | 2026-Q1 |
| HB Wealth Management, LLC trimmed | 1,413,474 | $35M | 0.1% | 2026-Q1 |
| Persium Advisors, LLC trimmed | 1,374,068 | $34M | 0.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,313,947 | $33M | 0.1% | 2026-Q1 |
| VOISARD ASSET MANAGEMENT GROUP, INC. added | 1,305,257 | $32M | 0.1% | 2026-Q1 |
| GHP Investment Advisors, Inc. added | 1,285,163 | $32M | 0.1% | 2026-Q1 |
| LCW Services, LLC added | 1,282,583 | $32M | 0.1% | 2026-Q1 |
| FSM Wealth Advisors, LLC added | 1,264,073 | $31M | 0.1% | 2026-Q1 |
| Avidian Wealth Enterprises, LLC trimmed | 1,261,856 | $31M | 0.1% | 2026-Q1 |
| Krilogy Financial LLC trimmed | 1,172,640 | $31M | 0.1% | 2026-Q1 |
| Bangor Savings Bank added | 1,247,016 | $31M | 0.1% | 2026-Q1 |
| SageView Advisory Group, LLC trimmed | 6,611,853 | $159M | 0.5% | 2025-Q4 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 5,780,130 | $139M | 0.5% | 2025-Q4 stale |
| Callan Capital, LLC trimmed | 3,901,803 | $77M | 0.3% | 2025-Q1 stale |
| OLD MISSION CAPITAL LLC trimmed | 2,336,106 | $54M | 0.2% | 2025-Q3 stale |
| WOOSTER CORTHELL WEALTH MANAGEMENT, INC. trimmed | 2,011,239 | $44M | 0.1% | 2025-Q2 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 1,781,173 | $39M | 0.1% | 2025-Q2 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.