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 |
iShares Core US Aggregate Bond ETF
AGG
|
+$956M |
| 2 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$924M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$769M |
| 4 |
Vanguard Value ETF
VTV
|
+$410M |
| 5 |
Kenvue
KVUE
|
+$393M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 0-5 Year TIPS Bond ETF
STIP
|
+$411M |
| 2 |
Johnson & Johnson
JNJ
|
+$234M |
| 3 |
Cisco
CSCO
|
+$181M |
| 4 |
iShares Gold Trust
IAU
|
+$143M |
| 5 |
LSI
Life Storage, Inc.
LSI
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.03% |
| 2 | Healthcare | 12.31% |
| 3 | Financials | 11.79% |
| 4 | Consumer Discretionary | 9.84% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Johnson & Johnson
JNJ
$643B
| $2.43B | 0.7% |
15,703,734
-1,419,551
| -8% | -$234M |
|
27
Eli Lilly
LLY
$1.09T
| $2.38B | 0.68% |
4,435,311
+88,016
| +2% | +$45.4M |
|
28
Visa
V
$697B
| $2.37B | 0.68% |
10,382,763
-10,470
| -0.1% | -$2.52M |
|
29
Schwab US Large- Cap ETF
SCHX
$71.3B
| $2.31B | 0.66% |
136,697,214
+5,033,826
| +4% | +$88.3M |
|
30
Lockheed Martin
LMT
$134B
| $2.3B | 0.66% |
5,686,937
+97,916
| +2% | +$43.4M |
|
31
Procter & Gamble
PG
$347B
| $2.3B | 0.66% |
16,003,260
+131,339
| +0.8% | +$20.1M |
|
32
Blackrock
BLK
$170B
| $2.15B | 0.62% |
3,329,550
+35,161
| +1% | +$24.6M |
|
33
Automatic Data Processing
ADP
$106B
| $2.09B | 0.6% |
8,670,083
+198,008
| +2% | +$48.3M |
|
34
Altria Group
MO
$125B
| $1.86B | 0.53% |
44,456,064
+840,559
| +2% | +$37.1M |
|
35
Mastercard
MA
$497B
| $1.8B | 0.52% |
4,557,530
+16,019
| +0.4% | +$6.43M |
|
|
36
iShares Core US Aggregate Bond ETF
AGG
$138B
| $1.71B | 0.49% |
18,145,366
+9,923,920
| +121% | +$956M |
|
37
Walmart Inc
WMT
$900B
| $1.7B | 0.49% |
32,113,458
+396,015
| +1% | +$21.1M |
|
38
EOG Resources
EOG
$74.4B
| $1.64B | 0.47% |
12,937,070
+145,691
| +1% | +$18.5M |
|
|
39
Vanguard FTSE Developed Markets ETF
VEA
$225B
| $1.62B | 0.46% |
37,076,231
+16,797,788
| +83% | +$769M |
|
40
Blackstone
BX
$107B
| $1.59B | 0.45% |
14,825,769
+1,744,652
| +13% | +$182M |
|
41
Illinois Tool Works
ITW
$84.9B
| $1.58B | 0.45% |
6,899,522
+97,568
| +1% | +$23.8M |
|
42
Costco
COST
$429B
| $1.46B | 0.42% |
2,580,649
+28,259
| +1% | +$15.6M |
|
43
McDonald's
MCD
$194B
| $1.4B | 0.4% |
5,390,035
+237,532
| +5% | +$67.7M |
|
44
Comcast
CMCSA
$85.8B
| $1.34B | 0.38% |
30,802,071
-156,628
| -0.5% | -$6.99M |
|
45
Accenture
ACN
$101B
| $1.34B | 0.38% |
4,398,049
+20,876
| +0.5% | +$6.58M |
|
46
Adobe
ADBE
$99B
| $1.29B | 0.37% |
2,536,117
+5,278
| +0.2% | +$2.77M |
|
47
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $1.24B | 0.35% |
24,826,515
+123,876
| +0.5% | +$6.2M |
|
48
Oracle
ORCL
$346B
| $1.21B | 0.35% |
11,704,523
+61,604
| +0.5% | +$7.13M |
|
49
Philip Morris
PM
$312B
| $1.2B | 0.34% |
13,270,435
+87,946
| +0.7% | +$8.46M |
|
50
Schwab International Equity ETF
SCHF
$65.5B
| $1.18B | 0.34% |
69,547,874
+2,911,310
| +4% | +$51.4M |
|
Similar funds
Charles Schwab's Q3 2023 Portfolio in Review
As of Q3 2023, Charles Schwab held 3,713 positions worth $349B, down 0.3% from $350B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Charles Schwab deployed $12.6B of net new capital in Q3 2023, opening 104 new positions and adding to 2,394 existing holdings. Its largest new stake was Vanguard Value ETF: 2,862,740 shares worth $395M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Johnson & Johnson, an estimated $234M trimmed.
- Charles Schwab's largest Q3 2023 buy was Vanguard Value ETF: 2,862,740 shares worth $395M.
- Charles Schwab added most to iShares Core US Aggregate Bond ETF in Q3 2023, an estimated $956M increase.
- Charles Schwab's biggest Q3 2023 reduction was Johnson & Johnson, cutting an estimated $234M.
- Charles Schwab fully exited iShares 0-5 Year TIPS Bond ETF in Q3 2023, selling an estimated $411M.
- Charles Schwab's ten largest holdings make up 18% of its $349B portfolio in Q3 2023.
- Charles Schwab opened 104 new positions and closed 137 in Q3 2023.
- Charles Schwab's portfolio value fell 0.3% quarter-over-quarter to $349B.
Based on Charles Schwab's 13F filing for Q3 2023, filed 8 Nov 2023.