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-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
14 tracked funds added or opened SCHQ while 34 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
SCHQ’s largest tracked holder by dollar value, ENVESTNET ASSET MANAGEMENT INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes SCHQ more heavily than its largest holder by dollar value does.
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 2025-Q4 and 2026-Q1, across 120 tracked filers holding SCHQ, 61 increased or opened the position and 75 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 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 4
- Tower Research Capital LLC (TRC)$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
- Frisch Financial Group, Inc.$1M
- Integrated Wealth Concepts LLC$689K
Full exits 8
- Quadrature Capital Ltd$7M
- Thrivent Financial for Lutherans$6M
- Kaizen Financial Strategies$4M
- Principia Wealth Advisory, LLC$3M
- FLOW TRADERS U.S. LLC$1M
- VAN STRUM & TOWNE INC.$1M
Largest adds
- Tidal Investments LLC$11M
- L2 Asset Management, LLC$5M
- Bank of New York Mellon Corp$5M
- WELLS FARGO & COMPANY/MN$4M
- Summit Financial, LLC$3M
- SFMG, LLC$2M
Largest trims
- ENVESTNET ASSET MANAGEMENT INC$66M
- MML INVESTORS SERVICES, LLC$21M
- LPL Financial LLC$18M
- Mirae Asset Global Investments Co., Ltd.$10M
- JPMORGAN CHASE & CO$6M
- MORGAN STANLEY$5M
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 |
|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC trimmed | 3,988,690 | $125M | 23.6% | 2026-Q1 |
| LPL Financial LLC trimmed | 1,360,175 | $43M | 8.1% | 2026-Q1 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 977,627 | $31M | 5.8% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 976,422 | $31M | 5.8% | 2026-Q1 |
| Tidal Investments LLC added | 676,157 | $21M | 4.0% | 2026-Q1 |
| Carolina Wealth Advisors, LLC trimmed | 564,266 | $18M | 3.3% | 2026-Q1 |
| SFMG, LLC added | 540,812 | $17M | 3.2% | 2026-Q1 |
| Werba Rubin Papier Wealth Management trimmed | 478,692 | $15M | 2.8% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 469,286 | $15M | 2.8% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 419,782 | $13M | 2.5% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 372,644 | $12M | 2.2% | 2026-Q1 |
| L2 Asset Management, LLC added | 324,933 | $10M | 1.9% | 2026-Q1 |
| MORGAN STANLEY trimmed | 312,529 | $10M | 1.9% | 2026-Q1 |
| Bank of New York Mellon Corp added | 285,707 | $9M | 1.7% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC trimmed | 249,508 | $8M | 1.5% | 2026-Q1 |
| Summit Financial, LLC added | 189,078 | $6M | 1.1% | 2026-Q1 |
| Beacon Bridge Wealth Partners, LLC added | 176,856 | $6M | 1.0% | 2026-Q1 |
| Centric Wealth Management added | 164,686 | $5M | 1.0% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 160,810 | $5M | 1.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 150,316 | $5M | 0.9% | 2026-Q1 |
| Attessa Capital LLC trimmed | 123,516 | $4M | 0.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 118,727 | $4M | 0.7% | 2026-Q1 |
| Professional Financial Management, Inc. added | 102,093 | $3M | 0.6% | 2026-Q1 |
| WBH ADVISORY INC trimmed | 95,285 | $3M | 0.6% | 2026-Q1 |
| WT Wealth Management trimmed | 91,052 | $3M | 0.5% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. trimmed | 90,524 | $3M | 0.5% | 2026-Q1 |
| Charles Schwab Trust Co added | 85,315 | $3M | 0.5% | 2026-Q1 |
| COLLECTIVE FAMILY OFFICE LLC trimmed | 79,316 | $2M | 0.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 77,508 | $2M | 0.5% | 2026-Q1 |
| MFG WEALTH MANAGEMENT, INC. added | 73,332 | $2M | 0.4% | 2026-Q1 |
| GTS SECURITIES LLC trimmed | 69,653 | $2M | 0.4% | 2026-Q1 |
| BANK OF NOVA SCOTIA | 68,200 | $2M | 0.4% | 2026-Q1 |
| Sequoia Financial Advisors, LLC trimmed | 62,304 | $2M | 0.4% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 57,655 | $2M | 0.3% | 2026-Q1 |
| Waverly Advisors, LLC trimmed | 55,220 | $2M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 53,745 | $2M | 0.3% | 2026-Q1 |
| Mutual Advisors, LLC trimmed | 53,398 | $2M | 0.3% | 2026-Q1 |
| Fermata Advisors, LLC added | 52,565 | $2M | 0.3% | 2026-Q1 |
| Tower Research Capital LLC (TRC) new | 49,840 | $2M | 0.3% | 2026-Q1 |
| NorthRock Partners, LLC trimmed | 49,130 | $2M | 0.3% | 2026-Q1 |
| Galvin, Gaustad & Stein, LLC trimmed | 48,045 | $2M | 0.3% | 2026-Q1 |
| Foundations Investment Advisors, LLC added | 47,753 | $2M | 0.3% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 47,683 | $1M | 0.3% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 44,930 | $1M | 0.3% | 2026-Q1 |
| Barden Capital Management, Inc. added | 44,165 | $1M | 0.3% | 2026-Q1 |
| CWM, LLC trimmed | 38,846 | $1M | 0.2% | 2026-Q1 |
| Seek First Inc. added | 37,207 | $1M | 0.2% | 2026-Q1 |
| Faithward Advisors, LLC added | 36,545 | $1M | 0.2% | 2026-Q1 |
| World Investment Advisors trimmed | 35,703 | $1M | 0.2% | 2026-Q1 |
| Smart Money Group LLC added | 34,937 | $1M | 0.2% | 2026-Q1 |
| Antonelli Financial Advisors, LLC added | 32,301 | $1M | 0.2% | 2026-Q1 |
| Frisch Financial Group, Inc. new | 31,820 | $1M | 0.2% | 2026-Q1 |
| IFP Advisors, Inc added | 31,088 | $977K | 0.2% | 2026-Q1 |
| Invst, LLC trimmed | 30,063 | $945K | 0.2% | 2026-Q1 |
| GRANVILLE CAPITAL, INC. added | 24,157 | $759K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 22,644 | $712K | 0.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 21,914 | $689K | 0.1% | 2026-Q1 |
| Sellwood Investment Partners LLC added | 21,423 | $673K | 0.1% | 2026-Q1 |
| Regal Investment Advisors LLC trimmed | 21,400 | $673K | 0.1% | 2026-Q1 |
| Downshift Financial, LLC added | 21,048 | $658K | 0.1% | 2026-Q1 |
| Strategic Blueprint, LLC trimmed | 20,713 | $651K | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 19,641 | $617K | 0.1% | 2026-Q1 |
| EXENCIAL WEALTH ADVISORS, LLC added | 16,253 | $511K | 0.1% | 2026-Q1 |
| SILVERLAKE WEALTH MANAGEMENT LLC trimmed | 14,894 | $468K | 0.1% | 2026-Q1 |
| Bryn Mawr Trust Advisors, LLC trimmed | 14,747 | $463K | 0.1% | 2026-Q1 |
| TOTAL INVESTMENT MANAGEMENT INC added | 14,610 | $459K | 0.1% | 2026-Q1 |
| Milestones Private Investment Advisors LLC | 12,588 | $396K | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 12,520 | $394K | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 12,046 | $379K | 0.1% | 2026-Q1 |
| Keystone Global Partners, LLC trimmed | 11,106 | $349K | 0.1% | 2026-Q1 |
| RITHOLTZ WEALTH MANAGEMENT new | 10,777 | $339K | 0.1% | 2026-Q1 |
| Transamerica Financial Advisors, LLC added | 10,767 | $338K | 0.1% | 2026-Q1 |
| Hayek Kallen Investment Management added | 10,590 | $333K | 0.1% | 2026-Q1 |
| Quadrature Capital Ltd added | 207,781 | $7M | 1.2% | 2025-Q4 stale |
| Thrivent Financial for Lutherans added | 203,304 | $6M | 1.2% | 2025-Q4 stale |
| NATIONAL BANK OF CANADA /FI/ added | 183,200 | $6M | 1.1% | 2025-Q3 stale |
| Capitolis Liquid Global Markets LLC new | 140,300 | $5M | 0.9% | 2025-Q3 stale |
| Kaizen Financial Strategies trimmed | 120,863 | $4M | 0.7% | 2025-Q4 stale |
| BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL trimmed | 119,550 | $4M | 0.7% | 2025-Q2 stale |
| NAPA WEALTH MANAGEMENT new | 94,863 | $3M | 0.6% | 2025-Q1 stale |
| Principia Wealth Advisory, LLC added | 88,663 | $3M | 0.5% | 2025-Q4 stale |
| CITADEL ADVISORS LLC added | 62,636 | $2M | 0.4% | 2025-Q3 stale |
| Atria Wealth Solutions, Inc. added | 47,269 | $2M | 0.3% | 2025-Q1 stale |
| Prosperity Wealth Management, Inc. added | 36,432 | $1M | 0.2% | 2025-Q2 stale |
| FLOW TRADERS U.S. LLC trimmed | 35,376 | $1M | 0.2% | 2025-Q4 stale |
| VAN STRUM & TOWNE INC. trimmed | 34,681 | $1M | 0.2% | 2025-Q4 stale |
| SILVER OAK SECURITIES, INCORPORATED added | 30,923 | $986K | 0.2% | 2025-Q2 stale |
| Clear Creek Financial Management, LLC trimmed | 28,387 | $917K | 0.2% | 2025-Q3 stale |
| EQ WEALTH ADVISORS, LLC trimmed | 24,416 | $800K | 0.2% | 2025-Q1 stale |
| Private Advisor Group, LLC trimmed | 23,198 | $760K | 0.1% | 2025-Q1 stale |
| TRUST POINT INC. trimmed | 22,037 | $712K | 0.1% | 2025-Q3 stale |
| Magnus Financial Group LLC added | 20,707 | $656K | 0.1% | 2025-Q4 stale |
| Claro Advisors LLC added | 19,703 | $645K | 0.1% | 2025-Q1 stale |
| IHT Wealth Management, LLC trimmed | 16,933 | $540K | 0.1% | 2025-Q2 stale |
| MERIDIAN MANAGEMENT CO added | 16,507 | $523K | 0.1% | 2025-Q4 stale |
| Stokes Family Office, LLC trimmed | 14,714 | $482K | 0.1% | 2025-Q1 stale |
| Northwest Capital Management Inc trimmed | 13,266 | $421K | 0.1% | 2025-Q4 stale |
| KINTRA WEALTH, LLC new | 11,885 | $377K | 0.1% | 2025-Q4 stale |
| Worth Asset Management, LLC trimmed | 10,684 | $339K | 0.1% | 2025-Q4 stale |
| WNY Asset Management, LLC new | 9,677 | $313K | 0.1% | 2025-Q3 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.