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 | |
|---|---|---|---|---|---|---|
676
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
$364M
| $102M | 0.02% |
2,613,037
-2,897,007
| -53% | -$104M |
|
677
Aecom
ACM
$8.75B
| $102M | 0.02% |
900,113
+10,160
| +1% | +$1.05M |
|
678
Liberty Broadband Class C
LBRDK
$5.29B
| $101M | 0.02% |
1,025,474
+5,763
| +0.6% | +$517K |
|
679
Gen Digital
GEN
$17.5B
| $101M | 0.02% |
3,426,470
+55,792
| +2% | +$1.53M |
|
680
LKQ Corp
LKQ
$6.27B
| $99.9M | 0.02% |
2,699,771
+51,159
| +2% | +$2.04M |
|
681
iShares Gold Trust
IAU
$64.9B
| $99.7M | 0.02% |
1,599,101
+617,769
| +63% | +$38.3M |
|
682
CarMax
KMX
$8.3B
| $99.3M | 0.02% |
1,476,983
-10,573
| -0.7% | -$711K |
|
683
Neurocrine Biosciences
NBIX
$16.5B
| $99.3M | 0.02% |
789,715
+13,942
| +2% | +$1.6M |
|
684
Commault Systems
CVLT
$5.82B
| $99.3M | 0.02% |
569,345
+11,148
| +2% | +$1.9M |
|
685
Pinnacle West Capital
PNW
$12.1B
| $98.5M | 0.02% |
1,101,325
+57,278
| +5% | +$5.24M |
|
686
Evercore
EVR
$11.7B
| $97.8M | 0.02% |
362,151
+6,429
| +2% | +$1.41M |
|
687
EPAM Systems
EPAM
$5.13B
| $97.6M | 0.02% |
552,109
+8,686
| +2% | +$1.45M |
|
688
Zebra Technologies
ZBRA
$18.1B
| $97.6M | 0.02% |
316,395
+3,055
| +1% | +$829K |
|
689
iShares MSCI EAFE Growth ETF
EFG
$17.3B
| $97.5M | 0.02% |
870,647
+421,923
| +94% | +$44.5M |
|
690
First Citizens BancShares
FCNCA
$25.3B
| $97M | 0.02% |
49,579
-1,122
| -2% | -$2.04M |
|
691
Planet Fitness
PLNT
$3.65B
| $96.9M | 0.02% |
888,158
-18,017
| -2% | -$1.8M |
|
692
United Therapeutics
UTHR
$22.5B
| $96.5M | 0.02% |
335,885
-14,973
| -4% | -$4.47M |
|
693
Wintrust Financial
WTFC
$10.9B
| $96.3M | 0.02% |
777,133
-10,217
| -1% | -$1.17M |
|
694
Jackson Financial
JXN
$8.8B
| $96.2M | 0.02% |
1,082,998
-1,562
| -0.1% | -$127K |
|
695
Pinnacle Financial Partners Inc
PNFP
$16B
| $95.7M | 0.02% |
866,656
-20,366
| -2% | -$2.1M |
|
696
Globe Life
GL
$14.2B
| $95.2M | 0.02% |
765,977
-15,432
| -2% | -$1.87M |
|
697
Ollie's Bargain Outlet
OLLI
$4.81B
| $95.1M | 0.02% |
721,503
-22,099
| -3% | -$2.53M |
|
698
Solventum
SOLV
$14.4B
| $95.1M | 0.02% |
1,253,610
+79,650
| +7% | +$5.64M |
|
699
Align Technology
ALGN
$12.3B
| $95M | 0.02% |
501,763
+3,392
| +0.7% | +$599K |
|
700
BJs Wholesale Club
BJ
$12B
| $94.8M | 0.02% |
879,343
+18,834
| +2% | +$2.15M |
|
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.