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 | |
|---|---|---|---|---|---|---|
201
Vanguard FTSE Pacific ETF
VPL
$8.36B
| $341M | 0.09% |
4,733,875
-1,026,547
| -18% | -$69.7M |
|
202
VICI Properties
VICI
$28.7B
| $338M | 0.09% |
10,608,645
+461,873
| +5% | +$13.6M |
|
203
KeyCorp
KEY
$24.3B
| $337M | 0.09% |
23,416,018
+289,258
| +1% | +$3.43M |
|
204
Citizens Financial Group
CFG
$30.6B
| $337M | 0.09% |
10,479,479
-374,390
| -3% | -$10.3M |
|
205
Capital One
COF
$134B
| $337M | 0.09% |
2,570,380
+71,967
| +3% | +$7.76M |
|
206
Constellation Brands
STZ
$22.8B
| $335M | 0.09% |
1,403,495
+388,390
| +38% | +$92.4M |
|
207
lululemon athletica
LULU
$14.5B
| $334M | 0.08% |
653,391
+249,232
| +62% | +$108M |
|
208
iShares US Treasury Bond ETF
GOVT
$43.6B
| $331M | 0.08% |
14,350,003
+5,635,763
| +65% | +$125M |
|
209
Airbnb
ABNB
$111B
| $330M | 0.08% |
2,423,537
+122,142
| +5% | +$15.7M |
|
210
Arista Networks
ANET
$242B
| $330M | 0.08% |
5,598,388
+181,760
| +3% | +$9.55M |
|
211
Freeport-McMoran
FCX
$98.7B
| $329M | 0.08% |
7,732,045
+223,960
| +3% | +$8.27M |
|
212
Roper Technologies
ROP
$39.9B
| $328M | 0.08% |
602,308
+16,685
| +3% | +$8.59M |
|
213
Fidelity MSCI Health Care Index ETF
FHLC
$3.42B
| $328M | 0.08% |
5,075,295
+48,012
| +1% | +$2.93M |
|
214
O'Reilly Automotive
ORLY
$75.3B
| $328M | 0.08% |
5,175,420
+47,040
| +0.9% | +$2.97M |
|
215
TransDigm Group
TDG
$67.6B
| $324M | 0.08% |
320,183
+7,383
| +2% | +$6.81M |
|
216
Marriott International
MAR
$90.9B
| $324M | 0.08% |
1,434,785
+27,532
| +2% | +$5.58M |
|
217
International Paper
IP
$21.9B
| $320M | 0.08% |
8,847,682
+35,930
| +0.4% | +$1.26M |
|
218
Air Products & Chemicals
APD
$68.6B
| $319M | 0.08% |
1,166,522
+22,846
| +2% | +$6.28M |
|
|
K
219
DELISTED
Kellanova
K
| $316M | 0.08% |
5,657,709
-263,068
| -4% | -$13.7M |
|
220
Amphenol
APH
$207B
| $315M | 0.08% |
6,360,522
+147,324
| +2% | +$6.51M |
|
221
NXP Semiconductors
NXPI
$58.9B
| $312M | 0.08% |
1,358,394
+20,945
| +2% | +$4.22M |
|
222
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.4B
| $310M | 0.08% |
7,339,324
+63,007
| +0.9% | +$2.37M |
|
223
Emerson Electric
EMR
$88.5B
| $309M | 0.08% |
3,174,088
+60,990
| +2% | +$5.58M |
|
224
Cintas
CTAS
$81.1B
| $308M | 0.08% |
2,047,548
+48,428
| +2% | +$6.49M |
|
225
Aon
AON
$75.7B
| $308M | 0.08% |
1,058,309
+5,727
| +0.5% | +$1.83M |
|
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.