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 |
iShares Core US Aggregate Bond ETF
AGG
|
+$956M |
| 2 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$924M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$769M |
| 4 |
Vanguard Value ETF
VTV
|
+$410M |
| 5 |
Kenvue
KVUE
|
+$393M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 0-5 Year TIPS Bond ETF
STIP
|
+$411M |
| 2 |
Johnson & Johnson
JNJ
|
+$234M |
| 3 |
Cisco
CSCO
|
+$181M |
| 4 |
iShares Gold Trust
IAU
|
+$143M |
| 5 |
LSI
Life Storage, Inc.
LSI
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.03% |
| 2 | Healthcare | 12.31% |
| 3 | Financials | 11.79% |
| 4 | Consumer Discretionary | 9.84% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.99T
| $14.2B | 4.08% |
83,174,904
+326,183
| +0.4% | +$59.8M |
|
2
Microsoft
MSFT
$2.92T
| $13.7B | 3.92% |
43,426,308
+261,554
| +0.6% | +$86.4M |
|
3
Amazon
AMZN
$2.48T
| $6.41B | 1.83% |
50,395,031
+1,374,052
| +3% | +$184M |
|
4
NVIDIA
NVDA
$4.77T
| $5.74B | 1.64% |
131,977,440
+770,890
| +0.6% | +$34.5M |
|
5
Alphabet (Google) Class A
GOOGL
$4.08T
| $4.45B | 1.28% |
34,035,275
+335,219
| +1% | +$43.4M |
|
6
Broadcom
AVGO
$1.81T
| $4.37B | 1.25% |
52,938,910
-1,504,450
| -3% | -$130M |
|
7
Chevron
CVX
$374B
| $4.06B | 1.16% |
24,236,141
+368,898
| +2% | +$59.6M |
|
8
Meta Platforms (Facebook)
META
$1.51T
| $3.95B | 1.13% |
13,143,462
+111,735
| +0.9% | +$33.7M |
|
9
Home Depot
HD
$343B
| $3.86B | 1.1% |
12,870,163
-154,153
| -1% | -$49.6M |
|
|
10
Alphabet (Google) Class C
GOOG
$4.07T
| $3.73B | 1.07% |
28,319,037
-6,299
| -0% | -$819K |
|
11
Tesla
TSLA
$1.21T
| $3.68B | 1.05% |
14,697,074
+496,299
| +3% | +$127M |
|
|
12
Cisco
CSCO
$456B
| $3.57B | 1.02% |
67,093,793
-3,359,563
| -5% | -$181M |
|
13
Coca-Cola
KO
$380B
| $3.5B | 1% |
63,138,970
+2,464,618
| +4% | +$148M |
|
14
Berkshire Hathaway Class B
BRK.B
$1.11T
| $3.49B | 1% |
9,960,279
+305,461
| +3% | +$108M |
|
15
AbbVie
ABBV
$465B
| $3.39B | 0.97% |
22,749,560
-47,492
| -0.2% | -$6.97M |
|
16
Merck
MRK
$326B
| $3.29B | 0.94% |
31,951,714
+1,246,705
| +4% | +$134M |
|
17
ExxonMobil
XOM
$634B
| $3.22B | 0.92% |
27,524,864
-150,380
| -0.5% | -$16.5M |
|
18
Pfizer
PFE
$144B
| $3.16B | 0.91% |
95,772,746
+9,393,992
| +11% | +$332M |
|
19
Verizon
VZ
$201B
| $3.15B | 0.9% |
98,027,542
+4,527,387
| +5% | +$153M |
|
20
PepsiCo
PEP
$195B
| $3.12B | 0.89% |
18,423,845
+920,032
| +5% | +$167M |
|
21
Texas Instruments
TXN
$253B
| $2.99B | 0.86% |
18,893,821
+839,964
| +5% | +$143M |
|
22
UnitedHealth
UNH
$389B
| $2.94B | 0.84% |
5,843,207
+27,127
| +0.5% | +$13.4M |
|
23
Amgen
AMGN
$212B
| $2.93B | 0.84% |
10,893,895
-347,963
| -3% | -$86.8M |
|
24
JPMorgan Chase
JPM
$950B
| $2.87B | 0.82% |
20,015,973
-92,022
| -0.5% | -$13.8M |
|
25
United Parcel Service
UPS
$89.7B
| $2.46B | 0.7% |
15,889,570
+628,944
| +4% | +$109M |
|
Similar funds
Charles Schwab's Q3 2023 Portfolio in Review
As of Q3 2023, Charles Schwab held 3,713 positions worth $349B, down 0.3% from $350B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Charles Schwab deployed $12.6B of net new capital in Q3 2023, opening 104 new positions and adding to 2,394 existing holdings. Its largest new stake was Vanguard Value ETF: 2,862,740 shares worth $395M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Johnson & Johnson, an estimated $234M trimmed.
- Charles Schwab's largest Q3 2023 buy was Vanguard Value ETF: 2,862,740 shares worth $395M.
- Charles Schwab added most to iShares Core US Aggregate Bond ETF in Q3 2023, an estimated $956M increase.
- Charles Schwab's biggest Q3 2023 reduction was Johnson & Johnson, cutting an estimated $234M.
- Charles Schwab fully exited iShares 0-5 Year TIPS Bond ETF in Q3 2023, selling an estimated $411M.
- Charles Schwab's ten largest holdings make up 18% of its $349B portfolio in Q3 2023.
- Charles Schwab opened 104 new positions and closed 137 in Q3 2023.
- Charles Schwab's portfolio value fell 0.3% quarter-over-quarter to $349B.
Based on Charles Schwab's 13F filing for Q3 2023, filed 8 Nov 2023.