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 | |
|---|---|---|---|---|---|---|
26
ExxonMobil
XOM
$653B
| $2.69B | 0.68% |
27,042,348
-482,516
| -2% | -$50.7M |
|
27
Eli Lilly
LLY
$1.08T
| $2.66B | 0.68% |
4,560,553
+125,242
| +3% | +$73.1M |
|
28
Blackrock
BLK
$170B
| $2.57B | 0.65% |
3,176,471
-153,079
| -5% | -$107M |
|
29
Lockheed Martin
LMT
$133B
| $2.53B | 0.64% |
5,637,923
-49,014
| -0.9% | -$21.7M |
|
30
Johnson & Johnson
JNJ
$644B
| $2.48B | 0.63% |
15,945,533
+241,799
| +2% | +$37.1M |
|
31
United Parcel Service
UPS
$89.3B
| $2.47B | 0.63% |
15,829,304
-60,266
| -0.4% | -$9.11M |
|
32
Procter & Gamble
PG
$340B
| $2.34B | 0.59% |
16,209,425
+206,165
| +1% | +$30.5M |
|
33
Automatic Data Processing
ADP
$111B
| $2.01B | 0.51% |
8,626,458
-43,625
| -0.5% | -$10.2M |
|
34
Mastercard
MA
$502B
| $1.99B | 0.51% |
4,665,483
+107,953
| +2% | +$43.4M |
|
35
Blackstone
BX
$103B
| $1.94B | 0.49% |
14,853,724
+27,955
| +0.2% | +$3.02M |
|
36
Illinois Tool Works
ITW
$83.8B
| $1.78B | 0.45% |
6,828,213
-71,309
| -1% | -$17.1M |
|
37
Altria Group
MO
$126B
| $1.77B | 0.45% |
44,003,071
-452,993
| -1% | -$18.7M |
|
38
Costco
COST
$432B
| $1.75B | 0.45% |
2,657,994
+77,345
| +3% | +$45.8M |
|
39
Vanguard FTSE Developed Markets ETF
VEA
$223B
| $1.71B | 0.43% |
35,675,417
-1,400,814
| -4% | -$62.7M |
|
40
Walmart Inc
WMT
$907B
| $1.65B | 0.42% |
31,571,274
-542,184
| -2% | -$28.7M |
|
41
McDonald's
MCD
$193B
| $1.59B | 0.4% |
5,425,674
+35,639
| +0.7% | +$9.7M |
|
42
Accenture
ACN
$106B
| $1.56B | 0.4% |
4,466,684
+68,635
| +2% | +$22.1M |
|
43
EOG Resources
EOG
$77.3B
| $1.55B | 0.39% |
12,843,535
-93,535
| -0.7% | -$11.6M |
|
44
Adobe
ADBE
$105B
| $1.55B | 0.39% |
2,602,297
+66,180
| +3% | +$38.2M |
|
45
US Bancorp
USB
$99B
| $1.46B | 0.37% |
33,719,110
+2,598,163
| +8% | +$95M |
|
46
Intel
INTC
$419B
| $1.43B | 0.36% |
28,407,034
+156,761
| +0.6% | +$6.37M |
|
47
Salesforce
CRM
$154B
| $1.42B | 0.36% |
5,397,516
+145,625
| +3% | +$33M |
|
|
48
iShares Core US Aggregate Bond ETF
AGG
$138B
| $1.41B | 0.36% |
14,216,812
-3,928,554
| -22% | -$374M |
|
49
Bank of America
BAC
$434B
| $1.41B | 0.36% |
41,833,075
+1,315,056
| +3% | +$38.3M |
|
50
Schwab International Equity ETF
SCHF
$64.9B
| $1.36B | 0.35% |
73,856,114
+4,308,240
| +6% | +$74.7M |
|
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.