Who Owns Schwab U.S. (SCHD)? -- Institutional Holders (2026-03-31)

2,113 institutions reported holding $25.00B of Schwab U.S. (SCHD) in SEC 13F filings for 2026-03-31. Largest institutional holders: Rakuten Investment Management, Inc. ($2.25B), SUMITOMO LIFE INSURANCE CO ($1.39B), LPL Financial LLC ($947.1M), BANK OF AMERICA CORP /DE/ ($946.9M), MORGAN STANLEY ($808.0M). Source: SEC Form 13F.

RankInstitutionValueSharesChange
1Rakuten Investment Management, Inc.$2.25B83.2MAdded
2SUMITOMO LIFE INSURANCE CO$1.39B45.5MAdded
3LPL Financial LLC$947.1M30.9MTrimmed
4BANK OF AMERICA CORP /DE/$946.9M30.9MTrimmed
5MORGAN STANLEY$808.0M26.3MAdded
6Cetera Investment Advisers$742.0M24.2MTrimmed
7ENVESTNET ASSET MANAGEMENT INC$531.1M17.3MAdded
8RAYMOND JAMES FINANCIAL INC$527.1M17.2MAdded
9UBS Group AG$449.0M14.6MAdded
10NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$421.4M13.7MTrimmed
11Wealthspire Advisors, LLC$408.4M13.3MTrimmed
12Wealthfront Advisers LLC$392.9M12.8MTrimmed
13Cassaday & Co Wealth Management LLC$293.6M9.6MAdded
14OSAIC HOLDINGS, INC.$293.1M9.6MAdded
15COMMONWEALTH EQUITY SERVICES, LLC$289.8M9.4MTrimmed
16WELLS FARGO & COMPANY/MN$285.3M9.3MTrimmed
17Royal Bank of Canada$265.6M8.7MAdded
18AMERIPRISE FINANCIAL INC$242.2M7.9MTrimmed
19Mariner, LLC$233.4M7.6MAdded
20Keystone Financial Planning, Inc.$207.5M6.8MAdded
21Cambridge Investment Research Advisors, Inc.$200.7M6.5MAdded
22CIBC WORLD MARKET INC.$188.9M6.2MTrimmed
23Avantax Planning Partners, Inc.$169.0M5.5MTrimmed
24MML INVESTORS SERVICES, LLC$164.7M5.4MTrimmed
25HHM Wealth Advisors, LLC$158.2M5.2MAdded

Source: SEC Form 13F filings · as of 2026-03-31