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 | |
|---|---|---|---|---|---|---|
76
RTX Corp
RTX
$295B
| $968M | 0.22% |
10,044,333
-433,940
| -4% | -$39.2M |
|
77
Medtronic
MDT
$111B
| $954M | 0.22% |
11,217,885
+128,485
| +1% | +$11M |
|
78
Danaher
DHR
$140B
| $953M | 0.22% |
3,815,807
+97,072
| +3% | +$23.7M |
|
79
Applied Materials
AMAT
$378B
| $936M | 0.22% |
4,539,257
+44,329
| +1% | +$8.13M |
|
80
AT&T
T
$169B
| $912M | 0.21% |
51,818,145
+1,228,724
| +2% | +$21M |
|
81
Citigroup
C
$222B
| $909M | 0.21% |
14,374,901
+228,129
| +2% | +$12.7M |
|
82
Starbucks
SBUX
$118B
| $907M | 0.21% |
10,079,736
+51,783
| +0.5% | +$4.82M |
|
83
CVS Health
CVS
$140B
| $904M | 0.21% |
11,537,373
-1,412,916
| -11% | -$108M |
|
84
iShares Core S&P Total US Stock Market ETF
ITOT
$93.7B
| $901M | 0.21% |
7,817,531
-717,533
| -8% | -$78.7M |
|
85
ServiceNow
NOW
$114B
| $884M | 0.2% |
5,798,720
+50,290
| +0.9% | +$7.62M |
|
86
American Express
AXP
$227B
| $879M | 0.2% |
3,892,166
+52,890
| +1% | +$11M |
|
87
Parker-Hannifin
PH
$125B
| $872M | 0.2% |
1,604,063
-53,540
| -3% | -$27.2M |
|
88
ConocoPhillips
COP
$139B
| $863M | 0.2% |
6,780,400
+156,865
| +2% | +$17.9M |
|
89
Union Pacific
UNP
$175B
| $851M | 0.2% |
3,458,931
+51,746
| +2% | +$12.7M |
|
90
Intuitive Surgical
ISRG
$130B
| $849M | 0.2% |
2,127,461
+33,320
| +2% | +$12.6M |
|
91
Lowe's Companies
LOW
$122B
| $836M | 0.19% |
3,282,432
+71,301
| +2% | +$16.4M |
|
|
92
Hershey
HSY
$37.2B
| $820M | 0.19% |
4,214,387
+3,436,626
| +442% | +$663M |
|
93
Elevance Health
ELV
$83.7B
| $812M | 0.19% |
1,565,652
+36,797
| +2% | +$18.3M |
|
94
Uber
UBER
$144B
| $805M | 0.19% |
10,454,587
+198,235
| +2% | +$14.2M |
|
95
Goldman Sachs
GS
$305B
| $805M | 0.19% |
1,926,753
+39,793
| +2% | +$15.4M |
|
96
Duke Energy
DUK
$101B
| $802M | 0.19% |
8,606,139
+90,751
| +1% | +$8.61M |
|
97
T. Rowe Price
TROW
$26.1B
| $793M | 0.18% |
6,506,436
+1,609,491
| +33% | +$180M |
|
98
S&P Global
SPGI
$125B
| $789M | 0.18% |
1,854,326
+38,108
| +2% | +$16.5M |
|
99
Huntington Bancshares
HBAN
$35B
| $776M | 0.18% |
56,428,924
+10,580,845
| +23% | +$137M |
|
100
Micron Technology
MU
$927B
| $775M | 0.18% |
6,572,126
+121,779
| +2% | +$11M |
|
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.