SCHWAB US DVD EQUITY ETF (SCHD) Top Institutional Shareholders
SCHWAB US DVD EQUITY ETF (SCHD) is currently reported in institutional portfolios tracked by InsiderSet based on the latest available SEC Form 13F filings for the quarter ended March 31, 2026. The institutional investors covered on this page collectively reported approximately $23.02B in SCHD holdings during the latest filing period.
Sumitomo Life Insurance Co is currently the largest disclosed institutional shareholder of SCHD tracked by InsiderSet, reporting ownership valued at approximately $1.39B in its March 31, 2026 SEC Form 13F filing. Based on current market prices and the latest disclosed share count, the position is now estimated to be worth approximately $1.47B, representing an estimated gain of +5.61% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 34% of the total disclosed SCHD value among the investors covered in this analysis. Major shareholders include Sumitomo Life Insurance Co, Rakuten Investment Management, Inc., Bank Of America Corp, and several other long-term asset managers with concentrated positions in SCHWAB US DVD EQUITY ETF (SCHD).
This page ranks the largest institutional SCHD shareholders using publicly disclosed SEC Form 13F data, including reported values, estimated current holding values, portfolio allocation percentages, ownership concentration metrics, and historical holding changes across major hedge funds and investment firms.
Institutional Holders
2,023
Total Reported Value
$23.02B
Largest Holder
Sumitomo Life Insurance Co
Largest Position
$1.39B
Insider Transactions (90d)
0
Latest Filing Quarter
Q2 2026
New Institutional Positions
40
Funds Exiting Positions
1
| Name | Investor/Manager | Portfolio % | Quantity | Reported Balance | Current Estimated Value | Gain/loss Since Filing | Estimated Portfolio Performance |
|---|---|---|---|---|---|---|---|
| Sumitomo Life Insurance Co | 32.77% | 45,450,000 | $1,394,406,000 | $1,472,580,000 | +$78,174,000 | +5.61% | |
| Rakuten Investment Management, Inc. | 4.00% | 41,592,034 | $1,127,144,121 | $1,347,581,902 | +$220,437,781 | +19.56% | |
| Bank Of America Corp | 0.07% | 30,862,254 | $946,853,941 | $999,937,030 | +$53,083,089 | +5.61% | |
| Lpl Financial Llc | 0.25% | 30,861,601 | $946,833,875 | $999,915,872 | +$53,081,997 | +5.61% | |
| Morgan Stanley | 0.05% | 26,336,113 | $807,992,001 | $853,290,061 | +$45,298,060 | +5.61% | |
| Cetera Investment Advisers | 0.79% | 24,184,523 | $741,981,149 | $783,578,545 | +$41,597,396 | +5.61% | |
| Envestnet Asset Management Inc | 0.14% | 17,312,076 | $531,134,502 | $560,911,262 | +$29,776,760 | +5.61% | |
| Raymond James Financial Inc | 0.16% | 17,180,084 | $527,084,973 | $556,634,722 | +$29,549,749 | +5.61% | |
| Ubs Group Ag | 0.08% | 14,633,771 | $448,964,094 | $474,134,180 | +$25,170,086 | +5.61% | |
| Northwestern Mutual Wealth Management Co | 0.26% | 13,734,714 | $421,381,055 | $445,004,734 | +$23,623,679 | +5.61% | |
| Wealthspire Advisors, Llc | 3.21% | 13,311,446 | $408,395,156 | $431,290,850 | +$22,895,694 | +5.61% | |
| Wealthfront Advisers Llc | 0.86% | 12,807,842 | $392,944,593 | $414,974,081 | +$22,029,488 | +5.61% | |
| Cassaday & Co Wealth Management Llc | 6.25% | 9,569,026 | $293,577,714 | $310,036,442 | +$16,458,728 | +5.61% | |
| Osaic Holdings, Inc. | 0.43% | 9,553,728 | $293,129,733 | $309,540,787 | +$16,411,054 | +5.60% | |
| Commonwealth Equity Services, Llc | 0.40% | 9,444,472 | $289,756,402 | $306,000,893 | +$16,244,491 | +5.61% | |
| Wells Fargo & Company/Mn | 0.06% | 9,298,733 | $285,285,134 | $301,278,949 | +$15,993,815 | +5.61% | |
| Royal Bank Of Canada | 0.05% | 8,655,941 | $265,563,000 | $280,452,488 | +$14,889,488 | +5.61% | |
| Ameriprise Financial Inc | 0.06% | 7,892,894 | $242,194,008 | $255,729,766 | +$13,535,758 | +5.59% | |
| Mariner, Llc | 0.27% | 7,606,319 | $233,361,319 | $246,444,736 | +$13,083,417 | +5.61% | |
| Keystone Financial Planning, Inc. | 55.43% | 6,763,707 | $207,510,542 | $219,144,107 | +$11,633,565 | +5.61% | |
| Cibc World Market Inc. | 0.33% | 6,157,767 | $188,920,292 | $199,511,651 | +$10,591,359 | +5.61% | |
| Avantax Planning Partners, Inc. | 4.64% | 5,507,557 | $168,971,841 | $178,444,847 | +$9,473,006 | +5.61% | |
| Mml Investors Services, Llc | 0.46% | 5,368,583 | $164,708,130 | $173,942,089 | +$9,233,959 | +5.61% | |
| Hhm Wealth Advisors, Llc | 18.25% | 5,156,506 | $158,201,602 | $167,070,794 | +$8,869,192 | +5.61% | |
| Hightower Advisors, Llc | 0.17% | 5,134,661 | $157,531,283 | $166,363,016 | +$8,831,733 | +5.61% | |
| Wealth Enhancement Advisory Services, Llc | 0.33% | 4,979,785 | $150,882,631 | $161,345,034 | +$10,462,403 | +6.93% | |
| Creative Planning | 0.09% | 4,398,038 | $134,931,804 | $142,496,431 | +$7,564,627 | +5.61% | |
| Cwm, Llc | 0.33% | 4,054,445 | $124,390,362 | $131,364,018 | +$6,973,656 | +5.61% | |
| Keybank National Association/Oh | 0.43% | 3,836,791 | $117,712,737 | $124,312,028 | +$6,599,291 | +5.61% | |
| Jones Financial Companies Lllp | 0.06% | 3,854,996 | $117,350,598 | $124,901,870 | +$7,551,272 | +6.43% | |
| Kestra Advisory Services, Llc | 0.41% | 3,523,127 | $108,089,523 | $114,149,315 | +$6,059,792 | +5.61% | |
| Truist Financial Corp | 0.13% | 3,179,295 | $97,540,761 | $103,009,158 | +$5,468,397 | +5.61% | |
| Berger Financial Group, Inc | 5.15% | 2,995,109 | $91,889,942 | $97,041,532 | +$5,151,590 | +5.61% | |
| Cresset Asset Management, Llc | 0.37% | 2,810,190 | $86,216,648 | $91,050,156 | +$4,833,508 | +5.61% | |
| Fifth Third Bancorp | 0.15% | 2,740,918 | $84,091,340 | $88,805,743 | +$4,714,403 | +5.61% | |
| Valmark Advisers, Inc. | 0.97% | 2,665,661 | $81,782,485 | $86,367,416 | +$4,584,931 | +5.61% | |
| Asset Advisors Investment Management, Llc | 7.37% | 2,518,563 | $77,269,528 | $81,601,441 | +$4,331,913 | +5.61% | |
| Cerity Partners Llc | 0.11% | 2,502,403 | $76,773,739 | $81,077,857 | +$4,304,118 | +5.61% | |
| Bouchey Financial Group Ltd | 5.35% | 2,356,664 | $72,915,182 | $76,355,914 | +$3,440,732 | +4.72% | |
| Stifel Financial Corp | 0.07% | 2,305,438 | $70,730,796 | $74,696,191 | +$3,965,395 | +5.61% | |
| Mai Capital Management | 0.40% | 2,304,855 | $70,712,955 | $74,677,302 | +$3,964,347 | +5.61% | |
| Mercer Global Advisors Inc | 0.10% | 2,297,170 | $70,477,171 | $74,428,308 | +$3,951,137 | +5.61% | |
| Golden Reserve Retirement Llc | 14.48% | 2,287,654 | $70,185,209 | $74,119,990 | +$3,934,781 | +5.61% | |
| Charles Schwab Trust Bank | 100.00% | 2,064,792 | $63,347,819 | $66,899,261 | +$3,551,442 | +5.61% | |
| Summit Asset Management, Llc | 8.79% | 2,060,404 | $63,213,185 | $66,757,090 | +$3,543,905 | +5.61% | |
| Baird Financial Group, Inc. | 0.10% | 2,019,352 | $61,953,737 | $65,427,005 | +$3,473,268 | +5.61% | |
| Howard Financial Services, Ltd. | 6.19% | 1,953,598 | $61,948,604 | $63,296,575 | +$1,347,971 | +2.18% | |
| Spinnaker Investment Group, Llc | 9.82% | 1,933,604 | $61,314,637 | $62,648,770 | +$1,334,133 | +2.18% | |
| D.A. Davidson & Co. | 0.36% | 1,957,156 | $60,045,566 | $63,411,854 | +$3,366,288 | +5.61% | |
| Harbour Investments, Inc. | 0.91% | 1,925,473 | $59,073,516 | $62,385,325 | +$3,311,809 | +5.61% |
Frequently asked questions about SCHD
Who owns the most SCHD stock?
The largest holders of SCHD are typically major institutional investors such as asset managers and hedge funds reporting on Form 13F. The table above ranks tracked superinvestors by reported position size using the latest available filings for SCHWAB US DVD EQUITY ETF (SCHD).
Is SCHD widely held by superinvestors?
Many widely followed stocks like SCHD appear across numerous superinvestor portfolios because of liquidity, index inclusion, and fundamentals. The holder count and table above show how broadly SCHD is represented among the institutional managers we track.
What do “Current Estimated Value”, “Gain/loss Since Filing”, and “Estimated Portfolio Performance” mean?
Current Estimated Value is reported share quantity from the latest 13F times our most recent split-adjusted U.S. session close. Gain/loss Since Filing is that estimate minus the reported 13F dollar value; Estimated Portfolio Performance is that difference as a percent of the reported value. Green means the estimate is above the filing value; red means below (not purchase cost). If many filers share the same implied filing price per share, the performance % may match across rows. These are not official fund marks or live quotes.