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 | |
|---|---|---|---|---|---|---|
76
Walt Disney
DIS
$178B
| $898M | 0.23% |
9,943,052
+211,397
| +2% | +$18.6M |
|
77
Medtronic
MDT
$114B
| $893M | 0.23% |
11,089,400
+101,111
| +0.9% | +$7.71M |
|
78
Fastenal
FAST
$59.8B
| $887M | 0.23% |
27,532,286
-129,616
| -0.5% | -$3.91M |
|
79
Kimberly-Clark
KMB
$35.9B
| $874M | 0.22% |
7,192,631
+1,153
| +0% | +$139K |
|
80
RTX Corp
RTX
$302B
| $872M | 0.22% |
10,478,273
-581,013
| -5% | -$46M |
|
81
Oneok
OKE
$56.9B
| $871M | 0.22% |
12,408,725
+2,153,295
| +21% | +$144M |
|
82
Danaher
DHR
$147B
| $860M | 0.22% |
3,718,735
-368,342
| -9% | -$78.4M |
|
83
Nike
NKE
$62.5B
| $859M | 0.22% |
8,088,823
-112,109
| -1% | -$12M |
|
84
AT&T
T
$165B
| $849M | 0.22% |
50,589,421
+798,024
| +2% | +$12.6M |
|
85
Union Pacific
UNP
$174B
| $837M | 0.21% |
3,407,185
+75,663
| +2% | +$16.6M |
|
86
Allstate
ALL
$68.2B
| $828M | 0.21% |
5,914,244
-12,673
| -0.2% | -$1.65M |
|
87
Morgan Stanley
MS
$338B
| $816M | 0.21% |
8,820,988
+383,211
| +5% | +$30.7M |
|
88
ServiceNow
NOW
$132B
| $812M | 0.21% |
5,748,430
+195,730
| +4% | +$24.7M |
|
89
Paychex
PAYX
$43.1B
| $809M | 0.21% |
6,788,274
-9,397
| -0.1% | -$1.11M |
|
90
S&P Global
SPGI
$121B
| $800M | 0.2% |
1,816,218
+32,897
| +2% | +$13M |
|
91
Duke Energy
DUK
$94.5B
| $800M | 0.2% |
8,515,388
+842,458
| +11% | +$76.6M |
|
92
Public Storage
PSA
$60.8B
| $794M | 0.2% |
2,687,170
+216,331
| +9% | +$57.4M |
|
93
GE Aerospace
GE
$380B
| $791M | 0.2% |
7,761,787
-42,149
| -0.5% | -$3.91M |
|
94
Boeing
BA
$184B
| $785M | 0.2% |
3,012,207
+27,347
| +0.9% | +$5.85M |
|
95
Equinix
EQIX
$103B
| $772M | 0.2% |
958,961
-15,442
| -2% | -$11.9M |
|
96
ConocoPhillips
COP
$148B
| $769M | 0.2% |
6,623,535
+150,945
| +2% | +$17.7M |
|
97
Honeywell
HON
$77B
| $759M | 0.19% |
3,842,458
+70,252
| +2% | +$12.7M |
|
98
Parker-Hannifin
PH
$134B
| $746M | 0.19% |
1,657,603
-40,744
| -2% | -$17M |
|
99
Applied Materials
AMAT
$415B
| $728M | 0.19% |
4,494,928
+66,923
| +2% | +$9.83M |
|
100
Goldman Sachs
GS
$301B
| $728M | 0.18% |
1,886,960
+38,847
| +2% | +$13M |
|
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.