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 | |
|---|---|---|---|---|---|---|
51
Abbott
ABT
$191B
| $1.35B | 0.34% |
12,360,908
+207,031
| +2% | +$20.7M |
|
52
3M
MMM
$92.7B
| $1.32B | 0.34% |
14,448,371
+52,303
| +0.4% | +$4.2M |
|
53
Comcast
CMCSA
$87.6B
| $1.32B | 0.33% |
30,549,019
-253,052
| -0.8% | -$10.8M |
|
54
Advanced Micro Devices
AMD
$699B
| $1.32B | 0.33% |
8,923,022
+229,286
| +3% | +$27M |
|
55
Prologis
PLD
$135B
| $1.27B | 0.32% |
9,519,818
+175,276
| +2% | +$19.9M |
|
56
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $1.25B | 0.32% |
53,640,112
+4,412,420
| +9% | +$98.7M |
|
57
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$22.9B
| $1.25B | 0.32% |
24,323,092
-503,423
| -2% | -$25.3M |
|
58
Philip Morris
PM
$314B
| $1.23B | 0.31% |
13,396,354
+125,919
| +0.9% | +$11.6M |
|
59
Oracle
ORCL
$337B
| $1.22B | 0.31% |
11,909,069
+204,546
| +2% | +$22.3M |
|
60
Thermo Fisher Scientific
TMO
$215B
| $1.21B | 0.31% |
2,277,266
+92,338
| +4% | +$44.7M |
|
61
Netflix
NFLX
$302B
| $1.19B | 0.3% |
24,394,930
+458,650
| +2% | +$20M |
|
62
Linde
LIN
$234B
| $1.16B | 0.3% |
2,830,970
+64,362
| +2% | +$25.4M |
|
63
Wells Fargo
WFC
$257B
| $1.14B | 0.29% |
23,237,905
+526,178
| +2% | +$22.7M |
|
64
Ford
F
$62.1B
| $1.07B | 0.27% |
87,661,675
+269,887
| +0.3% | +$3M |
|
65
IBM
IBM
$214B
| $1.05B | 0.27% |
6,465,214
+61,028
| +1% | +$9.22M |
|
66
American Tower
AMT
$80.7B
| $1.04B | 0.26% |
4,808,113
+122,265
| +3% | +$23.1M |
|
67
Valero Energy
VLO
$90.3B
| $1.02B | 0.26% |
7,858,732
-186,245
| -2% | -$23.7M |
|
68
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $1.02B | 0.26% |
31,103,538
+4,672,777
| +18% | +$148M |
|
69
Newmont
NEM
$94.1B
| $1.02B | 0.26% |
24,639,109
+7,635,657
| +45% | +$295M |
|
70
CVS Health
CVS
$138B
| $993M | 0.25% |
12,950,289
+232,464
| +2% | +$16.5M |
|
71
Intuit
INTU
$91.2B
| $982M | 0.25% |
1,571,602
+44,332
| +3% | +$24.5M |
|
72
Starbucks
SBUX
$118B
| $948M | 0.24% |
10,027,953
+27,496
| +0.3% | +$2.68M |
|
73
Caterpillar
CAT
$362B
| $948M | 0.24% |
3,264,635
+529,420
| +19% | +$137M |
|
74
Qualcomm
QCOM
$168B
| $914M | 0.23% |
6,317,857
+259,403
| +4% | +$32.1M |
|
75
iShares Core S&P Total US Stock Market ETF
ITOT
$92.8B
| $898M | 0.23% |
8,535,064
-877,946
| -9% | -$86M |
|
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.