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 |
Verizon
VZ
|
+$441M |
| 2 |
Broadcom
AVGO
|
+$328M |
| 3 |
Pfizer
PFE
|
+$292M |
| 4 |
Tesla
TSLA
|
+$252M |
| 5 |
IBM
IBM
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares National Muni Bond ETF
MUB
|
+$295M |
| 2 |
iShares 3-7 Year Treasury Bond ETF
IEI
|
+$138M |
| 3 |
General Mills
GIS
|
+$131M |
| 4 |
Chevron
CVX
|
+$116M |
| 5 |
PPG Industries
PPG
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.91% |
| 2 | Financials | 13.22% |
| 3 | Healthcare | 13.19% |
| 4 | Consumer Discretionary | 10.07% |
| 5 | Industrials | 8.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.97T
| $11.1B | 3.99% |
80,540,065
-313,174
| -0.4% | -$49.2M |
|
2
Microsoft
MSFT
$2.9T
| $9.49B | 3.4% |
40,739,220
+497,117
| +1% | +$131M |
|
3
Amazon
AMZN
$2.44T
| $5.17B | 1.85% |
45,773,001
+1,275,130
| +3% | +$161M |
|
|
4
Tesla
TSLA
$1.18T
| $3.53B | 1.26% |
13,316,473
+902,392
| +7% | +$252M |
|
5
Home Depot
HD
$337B
| $3.26B | 1.17% |
11,828,207
+307,058
| +3% | +$90.6M |
|
|
6
Pfizer
PFE
$143B
| $3.07B | 1.1% |
70,123,906
+6,001,894
| +9% | +$292M |
|
7
Alphabet (Google) Class A
GOOGL
$4.12T
| $3.05B | 1.09% |
31,934,262
+421,142
| +1% | +$46.7M |
|
8
Coca-Cola
KO
$383B
| $3.02B | 1.08% |
53,942,255
+1,429,265
| +3% | +$88.8M |
|
|
9
Verizon
VZ
$197B
| $2.8B | 1% |
73,687,365
+9,909,795
| +16% | +$441M |
|
10
Johnson & Johnson
JNJ
$640B
| $2.76B | 0.99% |
16,912,055
+343,752
| +2% | +$58.2M |
|
|
11
Alphabet (Google) Class C
GOOG
$4.11T
| $2.67B | 0.96% |
27,778,075
-276,005
| -1% | -$30.8M |
|
12
Cisco
CSCO
$443B
| $2.67B | 0.96% |
66,718,699
+1,795,323
| +3% | +$79.7M |
|
13
Merck
MRK
$322B
| $2.67B | 0.95% |
30,950,448
+1,429,537
| +5% | +$128M |
|
|
14
Broadcom
AVGO
$1.76T
| $2.66B | 0.95% |
59,977,380
+6,422,080
| +12% | +$328M |
|
15
UnitedHealth
UNH
$382B
| $2.63B | 0.94% |
5,213,781
+35,276
| +0.7% | +$18.5M |
|
16
ExxonMobil
XOM
$650B
| $2.6B | 0.93% |
29,755,346
-420,201
| -1% | -$38.4M |
|
17
PepsiCo
PEP
$196B
| $2.58B | 0.93% |
15,832,745
+73,519
| +0.5% | +$12.7M |
|
18
Texas Instruments
TXN
$248B
| $2.52B | 0.9% |
16,312,773
+392,246
| +2% | +$65.8M |
|
19
Berkshire Hathaway Class B
BRK.B
$1.1T
| $2.48B | 0.89% |
9,290,401
+272,579
| +3% | +$77.6M |
|
|
20
IBM
IBM
$213B
| $2.19B | 0.78% |
18,431,724
+1,593,390
| +9% | +$209M |
|
21
Lockheed Martin
LMT
$131B
| $2.11B | 0.76% |
5,466,544
+320,317
| +6% | +$134M |
|
22
Amgen
AMGN
$209B
| $2.08B | 0.75% |
9,236,530
+287,899
| +3% | +$69.8M |
|
23
Procter & Gamble
PG
$340B
| $2.07B | 0.74% |
16,377,327
+355,636
| +2% | +$50.5M |
|
24
JPMorgan Chase
JPM
$916B
| $2.04B | 0.73% |
19,568,981
+643,426
| +3% | +$73.8M |
|
|
25
Chevron
CVX
$382B
| $1.97B | 0.7% |
13,684,970
-761,721
| -5% | -$116M |
|
Similar funds
Charles Schwab's Q3 2022 Portfolio in Review
As of Q3 2022, Charles Schwab held 3,614 positions worth $279B, down 2.9% from $287B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Charles Schwab deployed $8.77B of net new capital in Q3 2022, opening 79 new positions and adding to 2,461 existing holdings. Its largest new stake was JPMorgan Ultra-Short Income ETF: 2,974,316 shares worth $149M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 20% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares National Muni Bond ETF, an estimated $295M trimmed.
- Charles Schwab's largest Q3 2022 buy was JPMorgan Ultra-Short Income ETF: 2,974,316 shares worth $149M.
- Charles Schwab added most to Verizon in Q3 2022, an estimated $441M increase.
- Charles Schwab's biggest Q3 2022 reduction was iShares National Muni Bond ETF, cutting an estimated $295M.
- Charles Schwab fully exited American Campus Communities, Inc. in Q3 2022, selling an estimated $91.4M.
- Charles Schwab's ten largest holdings make up 17% of its $279B portfolio in Q3 2022.
- Charles Schwab opened 79 new positions and closed 105 in Q3 2022.
- Charles Schwab's portfolio value fell 2.9% quarter-over-quarter to $279B.
Based on Charles Schwab's 13F filing for Q3 2022, filed 14 Nov 2022.