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 |
SMBS
Schwab Mortgage-Backed Securities ETF
SMBS
|
+$5.08B |
| 2 |
Schwab Municipal Bond ETF
SCMB
|
+$1.29B |
| 3 |
Schwab US Large-Cap Growth ETF
SCHG
|
+$752M |
| 4 |
Microsoft
MSFT
|
+$699M |
| 5 |
NVIDIA
NVDA
|
+$578M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Mortgage-Backed Securities ETF
VMBS
|
+$4.9B |
| 2 |
Invesco FTSE RAFI US 1000 ETF
PRF
|
+$986M |
| 3 |
iShares National Muni Bond ETF
MUB
|
+$951M |
| 4 |
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
|
+$794M |
| 5 |
Schwab Fundamental International Small Company Index ETF
FNDC
|
+$647M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.55% |
| 2 | Financials | 11.83% |
| 3 | Healthcare | 9.33% |
| 4 | Consumer Discretionary | 9.25% |
| 5 | Industrials | 8.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
NetApp
NTAP
$39.1B
| $139M | 0.02% |
1,303,029
+19,392
| +2% | +$1.84M |
|
527
Alliant Energy
LNT
$17.6B
| $139M | 0.02% |
2,291,630
+21,036
| +0.9% | +$1.29M |
|
528
Ares Management
ARES
$32B
| $138M | 0.02% |
796,472
+61,317
| +8% | +$9.7M |
|
529
Cboe Global Markets
CBOE
$29.7B
| $138M | 0.02% |
590,047
+10,713
| +2% | +$2.38M |
|
530
CubeSmart
CUBE
$9.21B
| $137M | 0.02% |
3,227,559
+44,288
| +1% | +$1.84M |
|
531
Lennox International
LII
$14.9B
| $137M | 0.02% |
238,961
+10,987
| +5% | +$6.14M |
|
532
Federated Hermes
FHI
$4.75B
| $137M | 0.02% |
3,088,309
-111,245
| -3% | -$4.58M |
|
533
Bunge Global
BG
$21.6B
| $137M | 0.02% |
1,702,989
+99,320
| +6% | +$7.82M |
|
534
Textron
TXT
$15.3B
| $136M | 0.02% |
1,698,580
+23,635
| +1% | +$1.71M |
|
535
News Corp Class A
NWSA
$15.5B
| $136M | 0.02% |
4,586,346
+93,681
| +2% | +$2.58M |
|
536
W.R. Berkley
WRB
$26.1B
| $136M | 0.02% |
1,847,961
+25,344
| +1% | +$1.82M |
|
537
Edison International
EIX
$26.2B
| $136M | 0.02% |
2,627,750
+65,622
| +3% | +$3.6M |
|
538
Biogen
BIIB
$30.2B
| $135M | 0.02% |
1,075,757
+56,538
| +6% | +$7.04M |
|
539
Fidelity MSCI Financials Index ETF
FNCL
$2.41B
| $135M | 0.02% |
1,820,635
-34,265
| -2% | -$2.38M |
|
|
K
540
DELISTED
Kellanova
K
| $135M | 0.02% |
1,694,817
+12,134
| +0.7% | +$992K |
|
541
Cathay General Bancorp
CATY
$4.23B
| $135M | 0.02% |
2,955,021
-15,152
| -0.5% | -$644K |
|
542
Ralph Lauren
RL
$24.2B
| $134M | 0.02% |
490,045
+3,066
| +0.6% | +$759K |
|
543
Quest Diagnostics
DGX
$26.3B
| $134M | 0.02% |
746,559
+5,721
| +0.8% | +$994K |
|
544
Zscaler
ZS
$29B
| $134M | 0.02% |
426,363
+19,098
| +5% | +$4.76M |
|
545
The Mosaic Company
MOS
$7.49B
| $134M | 0.02% |
3,662,814
+67,362
| +2% | +$2.16M |
|
546
CMS Energy
CMS
$21.6B
| $133M | 0.02% |
1,925,841
+22,994
| +1% | +$1.64M |
|
547
Vanguard FTSE Pacific ETF
VPL
$8.45B
| $133M | 0.02% |
1,620,706
+7,151
| +0.4% | +$546K |
|
548
Flex
FLEX
$45.4B
| $133M | 0.02% |
2,662,488
+116,032
| +5% | +$4.52M |
|
549
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.6B
| $133M | 0.02% |
1,640,423
-40,804
| -2% | -$3.31M |
|
550
Everest Group
EG
$14.1B
| $133M | 0.02% |
390,449
+4,460
| +1% | +$1.54M |
|
Similar funds
Charles Schwab's Q2 2025 Portfolio in Review
As of Q2 2025, Charles Schwab held 3,631 positions worth $578B, up 8.5% from $533B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Charles Schwab's Q2 2025 filing shows 158 new, 2,252 increased, 1,020 reduced and 137 closed positions. Its largest new stake was Schwab Mortgage-Backed Securities ETF: 202,020,489 shares worth $5.15B. The largest sale was Vanguard Mortgage-Backed Securities ETF, an estimated $4.9B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 21% a quarter earlier, followed by Financials and Healthcare.
- Charles Schwab's largest Q2 2025 buy was Schwab Mortgage-Backed Securities ETF: 202,020,489 shares worth $5.15B.
- Charles Schwab added most to Schwab Municipal Bond ETF in Q2 2025, an estimated $1.29B increase.
- Charles Schwab's biggest Q2 2025 reduction was Vanguard Mortgage-Backed Securities ETF, cutting an estimated $4.9B.
- Charles Schwab fully exited Invesco FTSE RAFI US 1000 ETF in Q2 2025, selling an estimated $986M.
- Charles Schwab's ten largest holdings make up 23% of its $578B portfolio in Q2 2025.
- Charles Schwab opened 158 new positions and closed 137 in Q2 2025.
- Charles Schwab's portfolio value rose 8.5% quarter-over-quarter to $578B.
Based on Charles Schwab's 13F filing for Q2 2025, filed 12 Aug 2025.