Charles Schwab Portfolio holdings
Charles Schwab Corporation, founded in 1971 by Charles R. Schwab and headquartered in Westlake, Texas, is a leading financial services firm that revolutionized retail investing by offering low-cost brokerage services. Initially disrupting the industry with discount commissions, it has grown into a powerhouse providing a wide array of services, including trading platforms, robo-advisors, retirement accounts, and banking products, managing hundreds of billions in client assets. Known for its user-friendly technology and customer-centric approach, Schwab caters to individual investors, financial advisors, and institutions, notably expanding through its 2020 acquisition of TD Ameritrade. With a mission to democratize investing, Charles Schwab remains a dominant force in the shift toward accessible, self-directed wealth management.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Merck
MRK
|
+$491M |
| 2 |
Microsoft
MSFT
|
+$352M |
| 3 |
Apple
AAPL
|
+$346M |
| 4 |
Janus Henderson Mortgage-Backed Securities ETF
JMBS
|
+$333M |
| 5 |
Cisco
CSCO
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Novartis
NVS
|
+$409M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$374M |
| 3 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$347M |
| 4 |
ATVI
Activision Blizzard
ATVI
|
+$343M |
| 5 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$334M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.03% |
| 2 | Financials | 12.41% |
| 3 | Healthcare | 11.8% |
| 4 | Consumer Discretionary | 10.03% |
| 5 | Industrials | 9.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Johnson Controls International
JCI
$93.4B
| $220M | 0.06% |
3,821,472
+133,265
| +4% | +$7M |
|
302
Biogen
BIIB
$30.2B
| $220M | 0.06% |
849,000
+310
| +0% | +$76.1K |
|
303
W.W. Grainger
GWW
$61.5B
| $220M | 0.06% |
265,103
+4,893
| +2% | +$3.77M |
|
304
CoStar Group
CSGP
$12.5B
| $215M | 0.05% |
2,458,251
+71,891
| +3% | +$5.82M |
|
305
Vanguard Short-Term Bond ETF
BSV
$45.6B
| $214M | 0.05% |
2,778,165
-265,029
| -9% | -$20.1M |
|
306
Old Dominion Freight Line
ODFL
$44B
| $213M | 0.05% |
1,053,090
+25,580
| +2% | +$5.07M |
|
307
Alexandria Real Estate Equities
ARE
$8.3B
| $211M | 0.05% |
1,665,800
+62,540
| +4% | +$6.73M |
|
308
Kroger
KR
$34.6B
| $211M | 0.05% |
4,610,352
+118,209
| +3% | +$5.25M |
|
309
Exelon
EXC
$45.9B
| $210M | 0.05% |
5,853,617
+109,263
| +2% | +$4.21M |
|
310
Gartner
IT
$12B
| $208M | 0.05% |
461,813
+10,828
| +2% | +$4.33M |
|
311
Invitation Homes
INVH
$17.7B
| $207M | 0.05% |
6,067,188
+144,897
| +2% | +$4.72M |
|
312
Workday
WDAY
$45.1B
| $206M | 0.05% |
744,482
+26,307
| +4% | +$6.26M |
|
313
Cummins
CMI
$88.9B
| $205M | 0.05% |
855,396
+24,251
| +3% | +$5.51M |
|
314
Sysco
SYY
$40.2B
| $205M | 0.05% |
2,798,311
+59,371
| +2% | +$4.1M |
|
315
DuPont de Nemours
DD
$19.7B
| $203M | 0.05% |
2,106,928
-73,552
| -3% | -$6.69M |
|
316
Yum! Brands
YUM
$39.2B
| $203M | 0.05% |
1,555,012
+33,501
| +2% | +$4.18M |
|
317
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29.1B
| $203M | 0.05% |
5,572,851
-1,072,877
| -16% | -$37.6M |
|
318
Vanguard Dividend Appreciation ETF
VIG
$115B
| $202M | 0.05% |
1,187,733
+240,572
| +25% | +$38.7M |
|
319
CrowdStrike
CRWD
$227B
| $202M | 0.05% |
3,167,212
+131,352
| +4% | +$6.88M |
|
320
Ametek
AME
$58.9B
| $201M | 0.05% |
1,220,628
+26,712
| +2% | +$4.07M |
|
321
Republic Services
RSG
$66.3B
| $201M | 0.05% |
1,220,264
-778
| -0.1% | -$121K |
|
322
Corteva
CTVA
$50.7B
| $201M | 0.05% |
4,197,182
+127,093
| +3% | +$6.06M |
|
323
Rockwell Automation
ROK
$49.5B
| $200M | 0.05% |
645,485
+35,070
| +6% | +$9.83M |
|
324
Vanguard Morningstar Total Stock Market ETF
VTI
$692B
| $199M | 0.05% |
838,601
-64,038
| -7% | -$14.2M |
|
325
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $198M | 0.05% |
1,692,850
-65,362
| -4% | -$7.46M |
|
Similar funds
Charles Schwab's Q4 2023 Portfolio in Review
As of Q4 2023, Charles Schwab held 3,619 positions worth $394B, up 13% from $349B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Trading was light in Q4 2023: portfolio turnover was 3.5%. Charles Schwab opened 44 new positions and exited 81, leaving the 3,619-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 22% a quarter earlier, followed by Financials and Healthcare.
- Charles Schwab's largest Q4 2023 buy was Janus Henderson Mortgage-Backed Securities ETF: 7,612,323 shares worth $350M.
- Charles Schwab added most to Merck in Q4 2023, an estimated $491M increase.
- Charles Schwab's biggest Q4 2023 reduction was Novartis, cutting an estimated $409M.
- Charles Schwab fully exited Activision Blizzard in Q4 2023, selling an estimated $343M.
- Charles Schwab's ten largest holdings make up 19% of its $394B portfolio in Q4 2023.
- Charles Schwab opened 44 new positions and closed 81 in Q4 2023.
- Charles Schwab's portfolio value rose 13% quarter-over-quarter to $394B.
Based on Charles Schwab's 13F filing for Q4 2023, filed 6 Feb 2024.