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 | |
|---|---|---|---|---|---|---|
51
Oracle
ORCL
$343B
| $1.46B | 0.34% |
11,982,876
+73,807
| +0.6% | +$8.45M |
|
52
Abbott
ABT
$189B
| $1.39B | 0.32% |
12,367,277
+6,369
| +0.1% | +$730K |
|
53
Fastenal
FAST
$54.5B
| $1.37B | 0.32% |
35,642,502
+8,110,216
| +29% | +$287M |
|
54
Thermo Fisher Scientific
TMO
$215B
| $1.36B | 0.32% |
2,348,419
+71,153
| +3% | +$39.9M |
|
55
Wells Fargo
WFC
$262B
| $1.36B | 0.31% |
23,418,872
+180,967
| +0.8% | +$9.47M |
|
56
Linde
LIN
$236B
| $1.35B | 0.31% |
2,902,246
+71,276
| +3% | +$30.9M |
|
57
Adobe
ADBE
$100B
| $1.34B | 0.31% |
2,646,912
+44,615
| +2% | +$25.6M |
|
58
Oneok
OKE
$57.1B
| $1.33B | 0.31% |
16,588,041
+4,179,316
| +34% | +$305M |
|
59
Comcast
CMCSA
$85.6B
| $1.31B | 0.3% |
30,830,349
+281,330
| +0.9% | +$12.1M |
|
60
iShares Core US Aggregate Bond ETF
AGG
$138B
| $1.25B | 0.29% |
12,789,785
-1,427,027
| -10% | -$140M |
|
61
Prologis
PLD
$136B
| $1.25B | 0.29% |
9,611,616
+91,798
| +1% | +$12M |
|
62
Intel
INTC
$439B
| $1.25B | 0.29% |
28,211,078
-195,956
| -0.7% | -$8.73M |
|
63
Kimberly-Clark
KMB
$37.2B
| $1.24B | 0.29% |
9,606,086
+2,413,455
| +34% | +$296M |
|
64
Walt Disney
DIS
$172B
| $1.24B | 0.29% |
10,145,506
+202,454
| +2% | +$21.1M |
|
65
IBM
IBM
$211B
| $1.22B | 0.28% |
6,463,689
-1,525
| -0% | -$278K |
|
66
Philip Morris
PM
$314B
| $1.22B | 0.28% |
13,770,364
+374,010
| +3% | +$34.5M |
|
67
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$22.9B
| $1.21B | 0.28% |
23,518,161
-804,931
| -3% | -$41.2M |
|
68
Caterpillar
CAT
$376B
| $1.18B | 0.27% |
3,291,247
+26,612
| +0.8% | +$8.51M |
|
69
Paychex
PAYX
$43.1B
| $1.12B | 0.26% |
9,093,734
+2,305,460
| +34% | +$280M |
|
70
GE Aerospace
GE
$373B
| $1.11B | 0.26% |
7,916,390
+154,603
| +2% | +$18.2M |
|
71
Qualcomm
QCOM
$171B
| $1.09B | 0.25% |
6,464,230
+146,373
| +2% | +$22.6M |
|
72
Intuit
INTU
$87.4B
| $1.05B | 0.24% |
1,613,160
+41,558
| +3% | +$26.5M |
|
73
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $1.01B | 0.23% |
30,913,540
-189,998
| -0.6% | -$6.2M |
|
74
Morgan Stanley
MS
$329B
| $1.01B | 0.23% |
10,873,418
+2,052,430
| +23% | +$181M |
|
75
American Tower
AMT
$82.6B
| $968M | 0.22% |
4,900,443
+92,330
| +2% | +$18.4M |
|
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.