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 |
Bristol-Myers Squibb
BMY
|
+$2.16B |
| 2 |
Hershey
HSY
|
+$663M |
| 3 |
Lockheed Martin
LMT
|
+$622M |
| 4 |
Altria Group
MO
|
+$525M |
| 5 |
Pfizer
PFE
|
+$499M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$2.76B |
| 2 |
Merck
MRK
|
+$2.35B |
| 3 |
Automatic Data Processing
ADP
|
+$1.57B |
| 4 |
Blackstone
BX
|
+$1.38B |
| 5 |
Illinois Tool Works
ITW
|
+$1.13B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.85% |
| 2 | Financials | 12.71% |
| 3 | Healthcare | 11.72% |
| 4 | Consumer Discretionary | 10.09% |
| 5 | Industrials | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Centene
CNC
$30.1B
| $298M | 0.07% |
3,794,400
+129,460
| +4% | +$10M |
|
252
Weyerhaeuser
WY
$16.9B
| $296M | 0.07% |
8,244,941
+233,718
| +3% | +$7.91M |
|
253
Unum
UNM
$13.7B
| $293M | 0.07% |
5,452,264
+1,289,832
| +31% | +$62.9M |
|
254
MetLife
MET
$62.5B
| $292M | 0.07% |
3,935,833
+57,595
| +1% | +$4.01M |
|
255
Air Products & Chemicals
APD
$66.8B
| $289M | 0.07% |
1,194,046
+27,524
| +2% | +$6.74M |
|
256
iShares MSCI Japan ETF
EWJ
$22.1B
| $287M | 0.07% |
4,024,923
+4,021,142
| +106,351% | +$273M |
|
257
State Street Communication Services Select Sector SPDR ETF
XLC
$21.9B
| $287M | 0.07% |
3,508,986
+1,100,783
| +46% | +$85.7M |
|
258
AvalonBay Communities
AVB
$26.8B
| $286M | 0.07% |
1,542,832
+29,505
| +2% | +$5.31M |
|
259
Vanguard FTSE Pacific ETF
VPL
$8.16B
| $285M | 0.07% |
3,753,114
-980,761
| -21% | -$71.7M |
|
260
C.H. Robinson
CHRW
$17.3B
| $285M | 0.07% |
3,742,411
+2,690,171
| +256% | +$210M |
|
261
Humana
HUM
$44B
| $284M | 0.07% |
820,354
+2,314
| +0.3% | +$877K |
|
262
HF Sinclair
DINO
$16.7B
| $284M | 0.07% |
4,698,401
+3,591,251
| +324% | +$204M |
|
|
BNY
263
Bank of New York Mellon
BNY
$106B
| $280M | 0.06% |
4,854,722
+52,095
| +1% | +$2.87M |
|
264
Prudential Financial
PRU
$42.6B
| $279M | 0.06% |
2,377,874
+31,262
| +1% | +$3.37M |
|
265
W.W. Grainger
GWW
$64B
| $276M | 0.06% |
271,361
+6,258
| +2% | +$5.83M |
|
266
Aflac
AFL
$64.8B
| $276M | 0.06% |
3,214,759
+23,805
| +0.7% | +$1.95M |
|
267
Williams Companies
WMB
$86.7B
| $273M | 0.06% |
7,013,053
+133,506
| +2% | +$4.74M |
|
268
Ross Stores
ROST
$81B
| $273M | 0.06% |
1,859,285
+20,986
| +1% | +$3.01M |
|
269
Carrier Global
CARR
$50.6B
| $273M | 0.06% |
4,693,859
+65,470
| +1% | +$3.68M |
|
270
Idexx Laboratories
IDXX
$44.1B
| $271M | 0.06% |
501,586
+24,787
| +5% | +$13.5M |
|
271
Kroger
KR
$35.4B
| $269M | 0.06% |
4,711,337
+100,985
| +2% | +$4.97M |
|
272
Lennar Class A
LEN
$20.2B
| $268M | 0.06% |
1,606,803
+5,270
| +0.3% | +$792K |
|
273
Robert Half
RHI
$3.81B
| $265M | 0.06% |
3,346,148
+724,390
| +28% | +$58.4M |
|
274
Citizens Financial Group
CFG
$30.3B
| $264M | 0.06% |
7,478,737
-3,000,742
| -29% | -$98.4M |
|
275
Microchip Technology
MCHP
$40.7B
| $264M | 0.06% |
2,941,517
+59,871
| +2% | +$5.16M |
|
Similar funds
Charles Schwab's Q1 2024 Portfolio in Review
As of Q1 2024, Charles Schwab held 3,573 positions worth $433B, up 10% from $394B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q1 2024: portfolio turnover was 3.8%. Charles Schwab opened 35 new positions and exited 102, leaving the 3,573-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 23% a quarter earlier, followed by Financials and Healthcare.
- Charles Schwab's largest Q1 2024 buy was Schwab Fundamental US Large Company Index ETF: 3,608,604 shares worth $81.1M.
- Charles Schwab added most to Bristol-Myers Squibb in Q1 2024, an estimated $2.16B increase.
- Charles Schwab's biggest Q1 2024 reduction was Broadcom, cutting an estimated $2.76B.
- Charles Schwab fully exited Splunk Inc in Q1 2024, selling an estimated $104M.
- Charles Schwab's ten largest holdings make up 20% of its $433B portfolio in Q1 2024.
- Charles Schwab opened 35 new positions and closed 102 in Q1 2024.
- Charles Schwab's portfolio value rose 10% quarter-over-quarter to $433B.
Based on Charles Schwab's 13F filing for Q1 2024, filed 9 May 2024.