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 | |
|---|---|---|---|---|---|---|
101
LyondellBasell Industries
LYB
$18.8B
| $771M | 0.18% |
7,541,533
+1,857,641
| +33% | +$181M |
|
102
Equinix
EQIX
$102B
| $769M | 0.18% |
931,735
-27,226
| -3% | -$22.9M |
|
103
Lam Research
LRCX
$337B
| $767M | 0.18% |
7,896,560
+119,340
| +2% | +$10.5M |
|
104
Progressive
PGR
$128B
| $766M | 0.18% |
3,701,449
+191,744
| +5% | +$35.6M |
|
105
Public Storage
PSA
$61.7B
| $763M | 0.18% |
2,726,135
+38,965
| +1% | +$11.2M |
|
106
Honeywell
HON
$78.3B
| $758M | 0.18% |
3,920,494
+78,036
| +2% | +$14.7M |
|
107
Booking.com
BKNG
$154B
| $757M | 0.17% |
5,218,475
+132,125
| +3% | +$18.8M |
|
108
Nike
NKE
$63.9B
| $753M | 0.17% |
8,244,337
+155,514
| +2% | +$15.8M |
|
109
Cigna
CI
$79.6B
| $742M | 0.17% |
2,043,542
+65,077
| +3% | +$21.4M |
|
|
FITB
110
Fifth Third Bancorp
FITB
$52.4B
| $737M | 0.17% |
19,805,935
+4,917,294
| +33% | +$171M |
|
111
Fidelity National Information Services
FIS
$23.2B
| $735M | 0.17% |
10,335,014
+1,715,694
| +20% | +$112M |
|
112
NextEra Energy
NEE
$186B
| $706M | 0.16% |
11,045,433
+262,759
| +2% | +$15.4M |
|
113
M&T Bank
MTB
$36.6B
| $695M | 0.16% |
4,779,963
+1,191,494
| +33% | +$165M |
|
114
JPMorgan Ultra-Short Income ETF
JPST
$40.1B
| $687M | 0.16% |
13,615,984
+158,913
| +1% | +$8M |
|
115
Eaton
ETN
$150B
| $682M | 0.16% |
2,181,017
+17,585
| +0.8% | +$4.81M |
|
116
TJX Companies
TJX
$178B
| $674M | 0.16% |
6,644,318
+110,153
| +2% | +$10.7M |
|
117
Truist Financial
TFC
$64.7B
| $670M | 0.15% |
17,625,634
-1,612,754
| -8% | -$59M |
|
|
118
Illinois Tool Works
ITW
$84.9B
| $657M | 0.15% |
2,491,973
-4,336,240
| -64% | -$1.13B |
|
119
Stryker
SYK
$133B
| $653M | 0.15% |
1,825,992
+54,943
| +3% | +$18.5M |
|
120
Deere & Co
DE
$173B
| $653M | 0.15% |
1,588,840
+18,067
| +1% | +$6.92M |
|
121
Vertex Pharmaceuticals
VRTX
$124B
| $651M | 0.15% |
1,556,612
+47,406
| +3% | +$20M |
|
122
Regeneron Pharmaceuticals
REGN
$72.9B
| $614M | 0.14% |
638,223
+17,607
| +3% | +$16.7M |
|
|
CTRA
123
DELISTED
Coterra Energy
CTRA
| $597M | 0.14% |
21,397,233
+5,346,817
| +33% | +$137M |
|
124
Chubb
CB
$141B
| $592M | 0.14% |
2,284,386
+17,902
| +0.8% | +$4.4M |
|
125
Boeing
BA
$175B
| $591M | 0.14% |
3,062,385
+50,178
| +2% | +$10.3M |
|
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.