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 | |
|---|---|---|---|---|---|---|
126
Crown Castle
CCI
$34.6B
| $590M | 0.14% |
5,625,558
+147,081
| +3% | +$16M |
|
127
Darden Restaurants
DRI
$24.3B
| $572M | 0.13% |
3,420,852
+851,123
| +33% | +$141M |
|
128
Simon Property Group
SPG
$76.4B
| $565M | 0.13% |
3,608,277
+70,622
| +2% | +$10.4M |
|
129
Regions Financial
RF
$26.4B
| $563M | 0.13% |
26,740,174
+6,579,600
| +33% | +$124M |
|
130
Welltower
WELL
$173B
| $561M | 0.13% |
6,008,519
+141,552
| +2% | +$12.8M |
|
131
Zoetis
ZTS
$32.7B
| $561M | 0.13% |
3,337,548
+15,277
| +0.5% | +$2.86M |
|
132
Cincinnati Financial
CINF
$27.8B
| $560M | 0.13% |
4,506,965
+3,597,839
| +396% | +$406M |
|
|
FISV
133
Fiserv Inc
FISV
$29.7B
| $558M | 0.13% |
3,492,780
+98,997
| +3% | +$14.4M |
|
134
Schwab US REIT ETF
SCHH
$11.7B
| $555M | 0.13% |
27,347,574
+2,493,740
| +10% | +$50M |
|
|
SCHW
135
Charles Schwab
SCHW
$182B
| $555M | 0.13% |
7,666,283
+151,735
| +2% | +$9.99M |
|
136
KLA
KLAC
$222B
| $554M | 0.13% |
7,935,370
+175,580
| +2% | +$11.3M |
|
137
State Street Technology Select Sector SPDR ETF
XLK
$109B
| $549M | 0.13% |
5,272,972
+205,472
| +4% | +$20.8M |
|
|
138
Automatic Data Processing
ADP
$109B
| $546M | 0.13% |
2,187,377
-6,439,081
| -75% | -$1.57B |
|
139
Boston Scientific
BSX
$68.4B
| $541M | 0.12% |
7,892,374
+197,648
| +3% | +$12.7M |
|
|
MRSH
140
Marsh
MRSH
$94.3B
| $540M | 0.12% |
2,622,523
+40,337
| +2% | +$8.04M |
|
141
Gilead Sciences
GILD
$165B
| $540M | 0.12% |
7,367,260
+85,771
| +1% | +$6.6M |
|
142
Packaging Corp of America
PKG
$22.2B
| $535M | 0.12% |
2,819,366
+634,531
| +29% | +$110M |
|
143
Kinder Morgan
KMI
$70.9B
| $531M | 0.12% |
30,629,584
+441,917
| +1% | +$7.72M |
|
144
Palo Alto Networks
PANW
$256B
| $531M | 0.12% |
3,740,820
+246,878
| +7% | +$38.9M |
|
145
Target
TGT
$66.3B
| $526M | 0.12% |
2,965,809
+92,410
| +3% | +$14.1M |
|
146
Watsco Inc
WSO
$13.2B
| $522M | 0.12% |
1,242,026
+51,655
| +4% | +$20.8M |
|
147
Vanguard FTSE Europe ETF
VGK
$30.1B
| $522M | 0.12% |
7,755,395
+2,406,462
| +45% | +$156M |
|
148
Mondelez International
MDLZ
$83.4B
| $522M | 0.12% |
7,454,312
+54,861
| +0.7% | +$4M |
|
149
T-Mobile US
TMUS
$195B
| $521M | 0.12% |
3,193,047
+163,460
| +5% | +$26.6M |
|
150
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $520M | 0.12% |
5,497,947
+19,365
| +0.4% | +$1.84M |
|
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.