Who owns SCHQ
Which tracked institutional funds hold SCHQ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SCHQ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-26). 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
18 tracked funds added or opened SCHQ while 31 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
SCHQ’s largest tracked holder by dollar value, Tidal Investments LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% 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 SCHQ 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 2026-Q1 and 2026-Q2, across 116 tracked filers holding SCHQ, 61 increased or opened the position and 79 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 SCHQ between the 2026-Q1 and 2026-Q2 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 4
- AllGen Financial Advisors, Inc.$7M
- Quadrature Capital Ltd$2M
- COMPASS FINANCIAL MANAGEMENT LLC$2M
- Sigma Planning Corp$854K
Full exits 6
- PARK AVENUE SECURITIES LLC$8M
- Tower Research Capital LLC (TRC)$2M
- CWM, LLC$1M
- JANE STREET GROUP, LLC$712K
- Regal Investment Advisors LLC$673K
- EXENCIAL WEALTH ADVISORS, LLC$511K
Largest adds
- Tidal Investments LLC$22M
- SFMG, LLC$2M
- O'SHAUGHNESSY ASSET MANAGEMENT, LLC$2M
- Fermata Advisors, LLC$1M
- Bank of New York Mellon Corp$1M
- IFP Advisors, Inc$750K
Largest trims
- ENVESTNET ASSET MANAGEMENT INC$82M
- LPL Financial LLC$24M
- MML INVESTORS SERVICES, LLC$18M
- JPMORGAN CHASE & CO$10M
- Mirae Asset Global Investments Co., Ltd.$7M
- WELLS FARGO & COMPANY/MN$6M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Tidal Investments LLC added | 1,394,729 | $43M | 12.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 1,385,488 | $43M | 12.8% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 742,964 | $23M | 6.9% | 2026-Q2 |
| SFMG, LLC added | 621,809 | $19M | 5.7% | 2026-Q2 |
| LPL Financial LLC trimmed | 601,655 | $19M | 5.6% | 2026-Q2 |
| Carolina Wealth Advisors, LLC added | 579,543 | $18M | 5.4% | 2026-Q2 |
| Werba Rubin Papier Wealth Management trimmed | 465,471 | $15M | 4.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 400,837 | $13M | 3.7% | 2026-Q2 |
| Bank of New York Mellon Corp added | 320,135 | $10M | 3.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 263,799 | $8M | 2.4% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 236,728 | $7M | 2.2% | 2026-Q2 |
| AllGen Financial Advisors, Inc. new | 221,736 | $7M | 2.0% | 2026-Q2 |
| Summit Financial, LLC added | 207,404 | $6M | 1.9% | 2026-Q2 |
| Beacon Bridge Wealth Partners, LLC trimmed | 169,913 | $5M | 1.6% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 167,188 | $5M | 1.5% | 2026-Q2 |
| L2 Asset Management, LLC trimmed | 165,654 | $5M | 1.5% | 2026-Q2 |
| Centric Wealth Management | 164,686 | $5M | 1.5% | 2026-Q2 |
| MORGAN STANLEY trimmed | 159,441 | $5M | 1.5% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 144,191 | $5M | 1.3% | 2026-Q2 |
| Attessa Capital LLC added | 132,650 | $4M | 1.2% | 2026-Q2 |
| Professional Financial Management, Inc. added | 111,214 | $3M | 1.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 108,731 | $3M | 1.0% | 2026-Q2 |
| WT Wealth Management added | 103,757 | $3M | 1.0% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 99,761 | $3M | 0.9% | 2026-Q2 |
| Fermata Advisors, LLC added | 98,434 | $3M | 0.9% | 2026-Q2 |
| Charles Schwab Trust Co added | 89,892 | $3M | 0.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 88,477 | $3M | 0.8% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 83,067 | $3M | 0.8% | 2026-Q2 |
| Principia Wealth Advisory, LLC trimmed | 82,622 | $3M | 0.8% | 2026-Q2 |
| MFG WEALTH MANAGEMENT, INC. added | 78,530 | $2M | 0.7% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 71,265 | $2M | 0.7% | 2026-Q2 |
| BANK OF NOVA SCOTIA | 68,200 | $2M | 0.6% | 2026-Q2 |
| COLLECTIVE FAMILY OFFICE LLC trimmed | 56,305 | $2M | 0.5% | 2026-Q2 |
| IFP Advisors, Inc added | 55,172 | $2M | 0.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 53,140 | $2M | 0.5% | 2026-Q2 |
| Quadrature Capital Ltd trimmed | 51,569 | $2M | 0.5% | 2026-Q2 |
| Foundations Investment Advisors, LLC added | 51,095 | $2M | 0.5% | 2026-Q2 |
| Mutual Advisors, LLC trimmed | 50,883 | $2M | 0.5% | 2026-Q2 |
| Galvin, Gaustad & Stein, LLC added | 50,726 | $2M | 0.5% | 2026-Q2 |
| COMPASS FINANCIAL MANAGEMENT LLC new | 50,314 | $2M | 0.5% | 2026-Q2 |
| Barden Capital Management, Inc. trimmed | 43,414 | $1M | 0.4% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. trimmed | 37,103 | $1M | 0.3% | 2026-Q2 |
| Smart Money Group LLC added | 36,926 | $1M | 0.3% | 2026-Q2 |
| Faithward Advisors, LLC trimmed | 35,714 | $1M | 0.3% | 2026-Q2 |
| WBH ADVISORY INC trimmed | 35,637 | $1M | 0.3% | 2026-Q2 |
| Seek First Inc. trimmed | 34,831 | $1M | 0.3% | 2026-Q2 |
| Frisch Financial Group, Inc. trimmed | 29,607 | $927K | 0.3% | 2026-Q2 |
| Antonelli Financial Advisors, LLC trimmed | 27,301 | $855K | 0.3% | 2026-Q2 |
| Sigma Planning Corp new | 27,271 | $854K | 0.3% | 2026-Q2 |
| GRANVILLE CAPITAL, INC. added | 26,302 | $823K | 0.2% | 2026-Q2 |
| Keystone Global Partners, LLC added | 26,006 | $814K | 0.2% | 2026-Q2 |
| RITHOLTZ WEALTH MANAGEMENT added | 25,991 | $814K | 0.2% | 2026-Q2 |
| Sellwood Investment Partners LLC added | 23,510 | $736K | 0.2% | 2026-Q2 |
| Downshift Financial, LLC added | 23,079 | $722K | 0.2% | 2026-Q2 |
| Waverly Advisors, LLC trimmed | 18,299 | $573K | 0.2% | 2026-Q2 |
| Savant Capital, LLC new | 16,357 | $493K | 0.1% | 2026-Q2 |
| NorthRock Partners, LLC trimmed | 16,265 | $509K | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 15,063 | $471K | 0.1% | 2026-Q2 |
| TOTAL INVESTMENT MANAGEMENT INC added | 14,613 | $438K | 0.1% | 2026-Q2 |
| Vise Technologies, Inc. new | 13,837 | $433K | 0.1% | 2026-Q2 |
| Bryn Mawr Trust Advisors, LLC trimmed | 13,398 | $419K | 0.1% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 12,916 | $404K | 0.1% | 2026-Q2 |
| Strategic Blueprint, LLC trimmed | 12,677 | $397K | 0.1% | 2026-Q2 |
| World Investment Advisors trimmed | 12,624 | $395K | 0.1% | 2026-Q2 |
| Milestones Private Investment Advisors LLC | 12,588 | $394K | 0.1% | 2026-Q2 |
| Talisman Wealth Advisors LLC new | 12,277 | $284K | 0.1% | 2026-Q2 |
| Compound Planning, Inc. added | 12,076 | $378K | 0.1% | 2026-Q2 |
| Invst, LLC trimmed | 11,525 | $361K | 0.1% | 2026-Q2 |
| Pathstone Holdings, LLC new | 11,116 | $348K | 0.1% | 2026-Q2 |
| Sequoia Financial Advisors, LLC trimmed | 10,908 | $341K | 0.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC trimmed | 10,126 | $317K | 0.1% | 2026-Q2 |
| Ascent Group, LLC new | 9,121 | $285K | 0.1% | 2026-Q2 |
| Madden Advisory Services, Inc. added | 8,450 | $264K | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 8,364 | $257K | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 8,267 | $259K | 0.1% | 2026-Q2 |
| BLALOCK WILLIAMS, LLC new | 7,942 | $249K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 6,913 | $216K | 0.1% | 2026-Q2 |
| Transamerica Financial Advisors, LLC trimmed | 6,852 | $214K | 0.1% | 2026-Q2 |
| GTS SECURITIES LLC trimmed | 6,797 | $213K | 0.1% | 2026-Q2 |
| FOUNDERS GROVE WEALTH PARTNERS, LLC new | 6,772 | $212K | 0.1% | 2026-Q2 |
| GREENUP STREET WEALTH MANAGEMENT LLC trimmed | 6,662 | $209K | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 6,656 | $208K | 0.1% | 2026-Q2 |
| Clark Asset Management, LLC new | 6,636 | $208K | 0.1% | 2026-Q2 |
| Balboa Wealth Partners new | 6,534 | $205K | 0.1% | 2026-Q2 |
| ZENITH SOLUTIONS, INC. new | 6,530 | $204K | 0.1% | 2026-Q2 |
| Strategic Advocates LLC trimmed | 5,757 | $180K | 0.1% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 3,851 | $121K | 0.0% | 2026-Q2 |
| SouthState Bank Corp | 2,990 | $94K | 0.0% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV trimmed | 2,701 | $85K | 0.0% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 2,319 | $73K | 0.0% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 2,156 | $67K | 0.0% | 2026-Q2 |
| Larson Financial Group LLC added | 2,118 | $66K | 0.0% | 2026-Q2 |
| Dogwood Wealth Management LLC added | 1,920 | $60K | 0.0% | 2026-Q2 |
| Atlantic Union Bankshares Corp trimmed | 1,744 | $55K | 0.0% | 2026-Q2 |
| ATLAS CAPITAL ADVISORS INC. | 1,606 | $50K | 0.0% | 2026-Q2 |
| Smartleaf Asset Management LLC | 1,354 | $43K | 0.0% | 2026-Q2 |
| Triumph Capital Management trimmed | 1,203 | $38K | 0.0% | 2026-Q2 |
| Versant Capital Management, Inc | 1,161 | $36K | 0.0% | 2026-Q2 |
| CARDIFF PARK ADVISORS, LLC | 1,139 | $36K | 0.0% | 2026-Q2 |
| Aptus Capital Advisors, LLC trimmed | 731 | $23K | 0.0% | 2026-Q2 |
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.