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 | |
|---|---|---|---|---|---|---|
176
Northern Trust
NTRS
$34.4B
| $377M | 0.1% |
4,469,957
-16,883
| -0.4% | -$1.25M |
|
177
Humana
HUM
$46.3B
| $375M | 0.1% |
818,040
+26,879
| +3% | +$13.2M |
|
178
State Street SPDR S&P 500 ETF Trust
SPY
$810B
| $374M | 0.09% |
786,782
-34,412
| -4% | -$15.3M |
|
179
McKesson
MCK
$103B
| $372M | 0.09% |
804,338
+10,977
| +1% | +$4.99M |
|
180
General Motors
GM
$77.2B
| $371M | 0.09% |
10,327,552
+558,765
| +6% | +$17.3M |
|
181
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $370M | 0.09% |
7,110,558
+474,976
| +7% | +$23.5M |
|
182
Northrop Grumman
NOC
$82.1B
| $369M | 0.09% |
789,096
+21,653
| +3% | +$10.1M |
|
183
Snap-on
SNA
$21.3B
| $368M | 0.09% |
1,275,792
-413
| -0% | -$111K |
|
184
PNC Financial Services
PNC
$100B
| $362M | 0.09% |
2,336,842
+68,262
| +3% | +$8.84M |
|
185
Marathon Petroleum
MPC
$90B
| $358M | 0.09% |
2,416,402
-63,235
| -3% | -$9.39M |
|
186
Waste Management
WM
$90.6B
| $358M | 0.09% |
1,997,367
+38,828
| +2% | +$6.51M |
|
187
BCE
BCE
$21B
| $358M | 0.09% |
9,454,339
+77,416
| +0.8% | +$3M |
|
188
Tyson Foods
TSN
$20.1B
| $357M | 0.09% |
6,647,913
+49,540
| +0.8% | +$2.41M |
|
189
General Dynamics
GD
$107B
| $356M | 0.09% |
1,372,311
+40,689
| +3% | +$9.93M |
|
190
Packaging Corp of America
PKG
$22.7B
| $356M | 0.09% |
2,184,835
-1,894
| -0.1% | -$298K |
|
191
FedEx
FDX
$76.9B
| $355M | 0.09% |
1,401,372
+12,489
| +0.9% | +$3.17M |
|
192
Genuine Parts
GPC
$18.5B
| $353M | 0.09% |
2,707,699
+185,913
| +7% | +$25.5M |
|
193
Colgate-Palmolive
CL
$74.3B
| $353M | 0.09% |
4,426,430
+77,679
| +2% | +$5.84M |
|
194
Extra Space Storage
EXR
$31B
| $353M | 0.09% |
2,198,631
+54,393
| +3% | +$6.92M |
|
195
Best Buy
BBY
$17.4B
| $351M | 0.09% |
4,481,930
+3,171
| +0.1% | +$223K |
|
196
Moody's
MCO
$82.8B
| $351M | 0.09% |
898,117
+24,335
| +3% | +$8.46M |
|
|
197
Janus Henderson Mortgage-Backed Securities ETF
JMBS
$6.72B
| $350M | 0.09% |
+7,612,323
| New | +$333M |
|
198
Chipotle Mexican Grill
CMG
$40.7B
| $349M | 0.09% |
7,632,850
+172,400
| +2% | +$7.17M |
|
199
Vanguard FTSE Europe ETF
VGK
$31B
| $345M | 0.09% |
5,348,933
-130,371
| -2% | -$7.8M |
|
200
iShares Core S&P 500 ETF
IVV
$904B
| $343M | 0.09% |
718,104
-22,926
| -3% | -$10.3M |
|
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.