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 |
AbbVie
ABBV
|
+$1.91B |
| 2 |
United Parcel Service
UPS
|
+$1.86B |
| 3 |
Chevron
CVX
|
+$1.72B |
| 4 |
Blackstone
BX
|
+$904M |
| 5 |
Ford
F
|
+$722M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
IBM
IBM
|
+$1.64B |
| 2 |
Prudential Financial
PRU
|
+$553M |
| 3 |
Genuine Parts
GPC
|
+$543M |
| 4 |
Cummins
CMI
|
+$538M |
| 5 |
Hartford Financial Services
HIG
|
+$376M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.33% |
| 2 | Healthcare | 13.03% |
| 3 | Financials | 11.86% |
| 4 | Consumer Discretionary | 9.84% |
| 5 | Industrials | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Amgen
AMGN
$212B
| $2.6B | 0.79% |
10,761,437
+1,474,151
| +16% | +$362M |
|
27
Lockheed Martin
LMT
$134B
| $2.57B | 0.78% |
5,479,555
-369,499
| -6% | -$173M |
|
28
Procter & Gamble
PG
$347B
| $2.33B | 0.71% |
15,918,054
-568,549
| -3% | -$81.3M |
|
29
Visa
V
$697B
| $2.33B | 0.71% |
10,383,365
+55,235
| +0.5% | +$12.3M |
|
30
Schwab US Large- Cap ETF
SCHX
$71.3B
| $2.13B | 0.65% |
131,983,254
+7,117,050
| +6% | +$112M |
|
31
Blackrock
BLK
$170B
| $2.11B | 0.64% |
3,158,518
-177,084
| -5% | -$125M |
|
32
Altria Group
MO
$125B
| $1.86B | 0.57% |
42,030,457
-2,035,870
| -5% | -$93.6M |
|
33
Automatic Data Processing
ADP
$106B
| $1.81B | 0.55% |
8,107,791
-479,033
| -6% | -$108M |
|
34
Mastercard
MA
$497B
| $1.65B | 0.5% |
4,545,037
+36,397
| +0.8% | +$13.2M |
|
35
Illinois Tool Works
ITW
$84.9B
| $1.6B | 0.48% |
6,601,774
-403,363
| -6% | -$94.1M |
|
36
Walmart Inc
WMT
$900B
| $1.56B | 0.47% |
32,075,874
-1,199,406
| -4% | -$56.9M |
|
37
Eli Lilly
LLY
$1.09T
| $1.48B | 0.45% |
4,313,984
+31,847
| +0.7% | +$10.7M |
|
38
McDonald's
MCD
$194B
| $1.44B | 0.44% |
5,198,531
-30,975
| -0.6% | -$8.3M |
|
39
EOG Resources
EOG
$74.4B
| $1.4B | 0.43% |
12,239,544
-586,568
| -5% | -$71.1M |
|
40
3M
MMM
$94.1B
| $1.31B | 0.4% |
14,991,659
-715,255
| -5% | -$67.5M |
|
41
Thermo Fisher Scientific
TMO
$214B
| $1.26B | 0.38% |
2,191,596
+38,612
| +2% | +$21.8M |
|
42
Costco
COST
$429B
| $1.26B | 0.38% |
2,537,267
+44,445
| +2% | +$21.8M |
|
43
Philip Morris
PM
$312B
| $1.25B | 0.38% |
13,152,505
-45,279
| -0.3% | -$4.51M |
|
44
iShares 7-10 Year Treasury Bond ETF
IEF
$47.4B
| $1.25B | 0.38% |
12,567,776
+1,237,400
| +11% | +$121M |
|
45
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $1.24B | 0.38% |
24,519,086
+2,426,913
| +11% | +$122M |
|
46
Accenture
ACN
$101B
| $1.23B | 0.37% |
4,345,166
+83,318
| +2% | +$22.7M |
|
47
Abbott
ABT
$187B
| $1.22B | 0.37% |
12,144,038
+54,953
| +0.5% | +$5.8M |
|
48
Comcast
CMCSA
$85.8B
| $1.16B | 0.35% |
31,051,755
+698,069
| +2% | +$26.4M |
|
49
Prologis
PLD
$137B
| $1.15B | 0.35% |
9,202,558
+154,130
| +2% | +$18.9M |
|
50
Bank of America
BAC
$439B
| $1.13B | 0.34% |
39,422,975
+699,040
| +2% | +$23.1M |
|
Similar funds
Charles Schwab's Q1 2023 Portfolio in Review
As of Q1 2023, Charles Schwab held 3,654 positions worth $329B, up 6% from $310B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Charles Schwab's Q1 2023 filing shows 108 new, 2,088 increased, 988 reduced and 104 closed positions. Its largest new stake was GE HealthCare: 1,875,333 shares worth $154M. The largest sale was IBM, an estimated $1.64B.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 19% a quarter earlier, followed by Healthcare and Financials.
- Charles Schwab's largest Q1 2023 buy was GE HealthCare: 1,875,333 shares worth $154M.
- Charles Schwab added most to AbbVie in Q1 2023, an estimated $1.91B increase.
- Charles Schwab's biggest Q1 2023 reduction was IBM, cutting an estimated $1.64B.
- Charles Schwab fully exited STORE Capital Corporation in Q1 2023, selling an estimated $100M.
- Charles Schwab's ten largest holdings make up 17% of its $329B portfolio in Q1 2023.
- Charles Schwab opened 108 new positions and closed 104 in Q1 2023.
- Charles Schwab's portfolio value rose 6% quarter-over-quarter to $329B.
Based on Charles Schwab's 13F filing for Q1 2023, filed 12 May 2023.