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 | |
|---|---|---|---|---|---|---|
|
101
Schwab US Large-Cap Growth ETF
SCHG
$62.9B
| $958M | 0.17% |
32,809,028
+28,455,790
| +654% | +$752M |
|
102
Archer Daniels Midland
ADM
$36.9B
| $954M | 0.17% |
18,076,118
+620,794
| +4% | +$30.2M |
|
103
GE Vernova
GEV
$264B
| $953M | 0.16% |
1,800,510
+58,211
| +3% | +$24.2M |
|
104
CVS Health
CVS
$122B
| $951M | 0.16% |
13,783,474
+135,601
| +1% | +$8.89M |
|
105
Boston Scientific
BSX
$71.5B
| $937M | 0.16% |
8,719,911
+143,697
| +2% | +$14.5M |
|
106
Capital One
COF
$134B
| $935M | 0.16% |
4,394,866
+1,714,135
| +64% | +$320M |
|
107
Honeywell
HON
$78B
| $916M | 0.16% |
4,175,214
-14,205
| -0.3% | -$2.88M |
|
108
Palo Alto Networks
PANW
$297B
| $916M | 0.16% |
4,476,638
+59,959
| +1% | +$11.1M |
|
109
Xtrackers MSCI EAFE High Dividend Yield Equity ETF
HDEF
$2.36B
| $899M | 0.16% |
31,151,476
-3,319,200
| -10% | -$93M |
|
110
Applied Materials
AMAT
$428B
| $892M | 0.15% |
4,873,162
+70,698
| +1% | +$11.2M |
|
111
Boeing
BA
$185B
| $889M | 0.15% |
4,242,397
+44,338
| +1% | +$8.37M |
|
112
Darden Restaurants
DRI
$24.4B
| $888M | 0.15% |
4,073,901
+75,701
| +2% | +$15.7M |
|
113
Gilead Sciences
GILD
$165B
| $887M | 0.15% |
8,000,074
-10,427
| -0.1% | -$1.11M |
|
114
Lam Research
LRCX
$390B
| $882M | 0.15% |
9,057,190
+165,778
| +2% | +$13.1M |
|
115
Kinder Morgan
KMI
$68.7B
| $877M | 0.15% |
29,842,146
-138,279
| -0.5% | -$3.8M |
|
116
Micron Technology
MU
$991B
| $870M | 0.15% |
7,061,763
+122,915
| +2% | +$11.5M |
|
117
State Street SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
$2.29B
| $868M | 0.15% |
40,552,150
-1,667,235
| -4% | -$34.4M |
|
|
SCHW
118
Charles Schwab
SCHW
$187B
| $864M | 0.15% |
9,472,454
+114,564
| +1% | +$9.59M |
|
119
TJX Companies
TJX
$178B
| $861M | 0.15% |
6,972,681
+12,576
| +0.2% | +$1.6M |
|
120
Public Storage
PSA
$61.3B
| $858M | 0.15% |
2,924,395
+87,918
| +3% | +$26M |
|
121
Danaher
DHR
$144B
| $857M | 0.15% |
4,337,038
+106,951
| +3% | +$20.7M |
|
122
Hershey
HSY
$36.6B
| $849M | 0.15% |
5,116,739
+125,100
| +3% | +$20.6M |
|
123
Equinix
EQIX
$103B
| $849M | 0.15% |
1,066,694
+27,241
| +3% | +$23.1M |
|
124
Union Pacific
UNP
$174B
| $846M | 0.15% |
3,677,143
-23,052
| -0.6% | -$5.12M |
|
125
CrowdStrike
CRWD
$218B
| $837M | 0.14% |
6,573,340
+248,396
| +4% | +$26.9M |
|
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.