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 | |
|---|---|---|---|---|---|---|
151
Digital Realty Trust
DLR
$70.8B
| $436M | 0.11% |
3,236,434
+85,262
| +3% | +$11M |
|
152
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.5B
| $434M | 0.11% |
5,338,854
+2,395,580
| +81% | +$185M |
|
153
Realty Income
O
$58.6B
| $432M | 0.11% |
7,522,670
+369,442
| +5% | +$19.4M |
|
154
Schwab U.S Small- Cap ETF
SCHA
$23B
| $431M | 0.11% |
18,226,926
+260,226
| +1% | +$5.48M |
|
155
PayPal
PYPL
$50.5B
| $428M | 0.11% |
6,976,859
+265,116
| +4% | +$15.2M |
|
156
General Mills
GIS
$19.9B
| $427M | 0.11% |
6,707,080
-820,909
| -11% | -$53M |
|
157
Southern Company
SO
$105B
| $427M | 0.11% |
6,089,460
+111,311
| +2% | +$7.64M |
|
158
Darden Restaurants
DRI
$24.9B
| $422M | 0.11% |
2,569,729
-7,219
| -0.3% | -$1.09M |
|
159
Sherwin-Williams
SHW
$88.1B
| $418M | 0.11% |
1,339,419
+31,217
| +2% | +$8.39M |
|
160
Cadence Design Systems
CDNS
$91.4B
| $412M | 0.1% |
1,512,624
+45,319
| +3% | +$11.7M |
|
|
CTRA
161
DELISTED
Coterra Energy
CTRA
| $410M | 0.1% |
16,050,416
-30,174
| -0.2% | -$808K |
|
162
Arthur J. Gallagher & Co
AJG
$64.7B
| $409M | 0.1% |
1,848,879
-8,681
| -0.5% | -$2.06M |
|
163
Target
TGT
$69B
| $409M | 0.1% |
2,873,399
+125,489
| +5% | +$15.3M |
|
164
CME Group
CME
$94.8B
| $399M | 0.1% |
1,895,085
-35,695
| -2% | -$7.62M |
|
165
Kenvue
KVUE
$36.5B
| $398M | 0.1% |
18,852,206
+1,886,917
| +11% | +$37.8M |
|
166
SLB Ltd
SLB
$78.9B
| $396M | 0.1% |
7,601,124
+146,815
| +2% | +$7.98M |
|
167
Omnicom Group
OMC
$23.2B
| $393M | 0.1% |
4,709,130
-34,941
| -0.7% | -$2.75M |
|
168
Regions Financial
RF
$26.8B
| $391M | 0.1% |
20,160,574
-9,302
| -0% | -$154K |
|
169
Phillips 66
PSX
$86B
| $389M | 0.1% |
2,924,738
+28,826
| +1% | +$3.45M |
|
170
CSX Corp
CSX
$92.8B
| $389M | 0.1% |
11,217,832
+135,169
| +1% | +$4.31M |
|
171
iShares TIPS Bond ETF
TIP
$14.7B
| $388M | 0.1% |
3,609,997
-106,683
| -3% | -$11.2M |
|
172
iShares Core MSCI EAFE ETF
IEFA
$195B
| $387M | 0.1% |
5,499,206
-332,339
| -6% | -$21.9M |
|
173
Intercontinental Exchange
ICE
$84.5B
| $386M | 0.1% |
3,009,313
+78,138
| +3% | +$8.86M |
|
174
Becton Dickinson
BDX
$48.9B
| $383M | 0.1% |
1,571,143
+31,987
| +2% | +$7.88M |
|
175
Vanguard Morningstar Value ETF
VTV
$192B
| $382M | 0.1% |
2,555,166
-307,574
| -11% | -$43.3M |
|
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.