Schwab Long-Term U.S. Treasury

SCHQ • ARCA

Schwab Long-Term U.S. Treasury is an exchange-traded fund on ARCA. As of Q3 2025, 109 institutional investors hold shares in this ETF, with total holdings valued at $447.1M. ENVESTNET ASSET MANAGEMENT INC is the largest holder with a position valued at $97.4M.

Overview

Overview of institutional ownership in SCHQ as of Q3 2025

All Institutions

Institutions: 109
Value Held: $447.1M
Shares Held: 13.8M
Avg Position: $4.1M
Median Position: $592.9K

Hedge Funds

Hedge Funds: 3
Value Held: $8.4M
Shares Held: 258.5K
Avg Position: $2.8M
Median Position: $2.0M

Biggest Investors

Institutions with the largest positions in SCHQ as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$97.4M 0.03% of portfolio	3.0M shares	Q2 2023 Held for 2y 5m	$341.99B
Mirae Asset Global Investments Co., Ltd. Long Only Manager	Wanyoun Cho CEO	$44.6M 0.14% of portfolio	1.4M shares	Q1 2024 Held for 1y 8m	$31.7B
L LPL Financial LLC Institution	-	$29.5M 0.01% of portfolio	914.3K shares	Q2 2024 Held for 1y 5m	$340.07B
MML INVESTORS SERVICES, LLC RIA/Wealth	Vaughn Charles Bowman CEO	$26.8M 0.07% of portfolio	829.7K shares	Q2 2023 Held for 2y 5m	$36.7B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$19.8M 0.00% of portfolio	613.5K shares	Q1 2022 Held for 3y 8m	$1.65T
Carolina Wealth Advisors, LLC RIA/Wealth	Christopher David St. John CEO	$18.9M 8.40% of portfolio	585.8K shares	Q2 2025 Held for 5 months	$225.3M
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$16.7M 0.00% of portfolio	518.3K shares	Q3 2023 Held for 2y 2m	$691.34B
Werba Rubin Papier Wealth Management RIA/Wealth	Jason Robert Papier Managing Partner	$16.4M 2.65% of portfolio	507.4K shares	Q3 2024 Held for 1y 2m	$618.1M
Toroso Investments, LLC ETF Provider	Guillermo Trias CEO	$14.3M 0.06% of portfolio	443.5K shares	Q3 2024 Held for 1y 2m	$23.2B
SFMG, LLC Fund of Funds	Stephen Gaetano Vicinelli President	$13.5M 0.94% of portfolio	418.1K shares	Q3 2023 Held for 2y 2m	$1.4B

Net Capital Flow

Institutional buying and selling activity for SCHQ in Q3 2025

Traded: +$28.9M
Buyers: 69
Sellers: 44
Total Bought: +$67.8M
Total Sold: −$38.9M
Avg Position: $3.7M

Biggest Buyers

Institution	Net Bought	Current Position
Carolina Wealth Advisors, LLC RIA/Wealth	+$18.0M +556.3K shares	$18.9M 585.8K shares
GOLDMAN SACHS GROUP INC Institution	+$11.6M +358.5K shares	$16.7M 518.3K shares
MORGAN STANLEY RIA/Wealth	+$8.6M +267.5K shares	$19.8M 613.5K shares
C Capitolis Liquid Global Markets LLC Private Equity	+$4.5M +140.3K shares	$4.5M 140.3K shares
N NATIONAL BANK OF CANADA /FI/ Institution	+$2.8M +85.4K shares	$5.9M 183.2K shares
SFMG, LLC Fund of Funds	+$2.7M +85.0K shares	$13.5M 418.1K shares
Summit Financial, LLC RIA/Wealth	+$2.7M +82.1K shares	$2.7M 82.1K shares
MFG WEALTH MANAGEMENT, INC. RIA/Wealth	+$2.3M +70.5K shares	$2.3M 70.5K shares
BANK OF NOVA SCOTIA / Institution	+$2.2M +68.2K shares	$2.2M 68.2K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$1.5M +47.5K shares	$2.0M 62.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
Toroso Investments, LLC ETF Provider	−$7.8M −242.4K shares	$14.3M 443.5K shares
AMERIPRISE FINANCIAL INC Institution	−$4.2M −131.2K shares	$5.0M 156.0K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$4.2M −129.9K shares	$97.4M 3.0M shares
B BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL RIA/Wealth	−$3.8M −119.6K shares	Sold Off 0 shares
Bank of New York Mellon Corp Institution	−$3.3M −102.7K shares	$1.5M 46.7K shares
Werba Rubin Papier Wealth Management RIA/Wealth	−$2.3M −71.0K shares	$16.4M 507.4K shares
J JANE STREET GROUP, LLC Institution	−$2.2M −69.9K shares	Sold Off 0 shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	−$2.0M −63.0K shares	Sold Off 0 shares
L LPL Financial LLC Institution	−$1.2M −37.3K shares	$29.5M 914.3K shares
P Prosperity Wealth Management, Inc. RIA/Wealth	−$1.2M −36.4K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited SCHQ in Q3 2025

New Positions: 11
New Value: $13.9M
Exited Positions: 11
Exited Value: $12.1M

New Positions

Institution	Position Value
C Capitolis Liquid Global Markets LLC Private Equity	$4.5M 140.3K shares
Summit Financial, LLC RIA/Wealth	$2.7M 82.1K shares
MFG WEALTH MANAGEMENT, INC. RIA/Wealth	$2.3M 70.5K shares
BANK OF NOVA SCOTIA / Institution	$2.2M 68.2K shares
NorthRock Partners, LLC RIA/Wealth	$949.2K 29.4K shares
Cornerstone Planning Group LLC RIA/Wealth	$442.6K 16.9K shares
WNY Asset Management, LLC RIA/Wealth	$312.7K 9.7K shares
M Madden Advisory Services, Inc. RIA/Wealth	$240.2K 7.4K shares
T Two West Capital Advisors LLC RIA/Wealth	$204.2K 6.2K shares
Transamerica Financial Advisors, Inc. Institution	$101.9K 3.2K shares

Exited Positions

Institution	Previous Position
B BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL RIA/Wealth	$3.8M 119.6K shares
J JANE STREET GROUP, LLC Institution	$2.2M 69.9K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	$2.0M 63.0K shares
P Prosperity Wealth Management, Inc. RIA/Wealth	$1.2M 36.4K shares
SILVER OAK SECURITIES, Inc RIA/Wealth	$986.1K 30.9K shares
H HRT FINANCIAL LLC Institution	$774.9K 24.3K shares
IHT Wealth Management, LLC RIA/Wealth	$540.0K 16.9K shares
Merit Financial Group, LLC RIA/Wealth	$298.2K 9.4K shares
Brookstone Capital Management RIA/Wealth	$222.4K 7.0K shares
B Bogart Wealth, LLC RIA/Wealth	$41.5K 1.3K shares

Options Activity

Institutions with the largest Call and Put options positions in SCHQ as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with SCHQ as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Carolina Wealth Advisors, LLC RIA/Wealth	Christopher David St. John CEO	8.40% $18.9M	585.8K shares	Q2 2025 Held for 5 months	$225.3M
Werba Rubin Papier Wealth Management RIA/Wealth	Jason Robert Papier Managing Partner	2.65% $16.4M	507.4K shares	Q3 2024 Held for 1y 2m	$618.1M
Beacon Bridge Wealth Partners, LLC RIA/Wealth	Steven John Krzywicki CEO	2.46% $6.6M	205.6K shares	Q3 2023 Held for 2y 2m	$270.6M
Attessa Capital LLC RIA/Wealth	James Andrew Good CIO	2.20% $3.7M	115.4K shares	Q4 2024 Held for 11 months	$169.7M
Kaizen Financial Strategies RIA/Wealth	Laurie Laverne Klein Managing Partner	1.95% $4.3M	132.7K shares	Q3 2022 Held for 3y 2m	$220.7M
MFG WEALTH MANAGEMENT, INC. RIA/Wealth	Michael Ray Mccracken President	1.72% $2.3M	70.5K shares	Q3 2025 Held for 2 months	$132.4M
C Centric Wealth Management RIA/Wealth	Stacie J'Ann Zapfel CCO	1.10% $4.9M	149.0K shares	Q3 2024 Held for 1y 2m	$439.8M
B Barden Capital Management, Inc. RIA/Wealth	Eric David Barden President	1.10% $1.3M	40.9K shares	Q1 2023 Held for 2y 8m	$120.3M
SFMG, LLC Fund of Funds	Stephen Gaetano Vicinelli President	0.94% $13.5M	418.1K shares	Q3 2023 Held for 2y 2m	$1.4B
Keystone Global Partners, LLC RIA/Wealth	James Peyton Carr Managing Partner	0.93% $1.6M	50.9K shares	Q1 2025 Held for 8 months	$177.4M

Hedge Fund Spotlight

Discover hedge funds investing in SCHQ

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in Schwab Long-Term U.S. Treasury

Market Value: $2.0M
Shares Held: 62.6K
Portfolio Weight: 0.00%
Owned Since: 2019-Q4

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%