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 | |
|---|---|---|---|---|---|---|
26
Blackrock
BLK
$170B
| $3.02B | 0.7% |
3,631,343
+454,872
| +14% | +$365M |
|
27
Visa
V
$697B
| $2.96B | 0.68% |
10,667,679
+143,350
| +1% | +$39.6M |
|
|
28
Bristol-Myers Squibb
BMY
$130B
| $2.91B | 0.67% |
53,715,966
+42,354,249
| +373% | +$2.16B |
|
29
United Parcel Service
UPS
$89.7B
| $2.82B | 0.65% |
19,091,280
+3,261,976
| +21% | +$496M |
|
30
Tesla
TSLA
$1.21T
| $2.75B | 0.63% |
15,633,383
+477,505
| +3% | +$93.3M |
|
31
Procter & Gamble
PG
$347B
| $2.61B | 0.6% |
16,362,432
+153,007
| +0.9% | +$24M |
|
32
Johnson & Johnson
JNJ
$643B
| $2.54B | 0.59% |
16,177,932
+232,399
| +1% | +$37M |
|
|
33
Altria Group
MO
$125B
| $2.46B | 0.57% |
56,671,217
+12,668,146
| +29% | +$525M |
|
34
Mastercard
MA
$497B
| $2.3B | 0.53% |
4,783,294
+117,811
| +3% | +$53.9M |
|
|
35
Merck
MRK
$326B
| $2.29B | 0.53% |
17,650,140
-19,032,726
| -52% | -$2.35B |
|
36
EOG Resources
EOG
$74.4B
| $2.19B | 0.5% |
17,101,349
+4,257,814
| +33% | +$497M |
|
37
US Bancorp
USB
$100B
| $2.01B | 0.46% |
44,959,731
+11,240,621
| +33% | +$474M |
|
38
Costco
COST
$429B
| $1.98B | 0.46% |
2,701,832
+43,838
| +2% | +$31.3M |
|
39
Walmart Inc
WMT
$900B
| $1.9B | 0.44% |
31,807,160
+235,886
| +0.7% | +$13.5M |
|
40
Vanguard FTSE Developed Markets ETF
VEA
$225B
| $1.83B | 0.42% |
36,495,617
+820,200
| +2% | +$39.6M |
|
41
Valero Energy
VLO
$88.7B
| $1.73B | 0.4% |
10,149,973
+2,291,241
| +29% | +$328M |
|
42
Salesforce
CRM
$149B
| $1.66B | 0.38% |
5,523,448
+125,932
| +2% | +$36.3M |
|
43
Advanced Micro Devices
AMD
$741B
| $1.66B | 0.38% |
9,171,261
+248,239
| +3% | +$43.4M |
|
44
Bank of America
BAC
$439B
| $1.62B | 0.37% |
42,722,847
+889,772
| +2% | +$30.5M |
|
45
Accenture
ACN
$101B
| $1.56B | 0.36% |
4,537,668
+70,984
| +2% | +$25.9M |
|
46
Ford
F
$59.6B
| $1.54B | 0.36% |
116,200,358
+28,538,683
| +33% | +$346M |
|
47
McDonald's
MCD
$194B
| $1.52B | 0.35% |
5,465,251
+39,577
| +0.7% | +$11.5M |
|
48
Netflix
NFLX
$301B
| $1.51B | 0.35% |
24,833,500
+438,570
| +2% | +$24.7M |
|
49
Schwab International Equity ETF
SCHF
$65.5B
| $1.5B | 0.35% |
77,053,548
+3,197,434
| +4% | +$59.8M |
|
50
Schwab US Aggregate Bond ETF
SCHZ
$10.6B
| $1.48B | 0.34% |
64,321,248
+10,681,136
| +20% | +$246M |
|
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.