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 |
Merck
MRK
|
+$491M |
| 2 |
Microsoft
MSFT
|
+$352M |
| 3 |
Apple
AAPL
|
+$346M |
| 4 |
Janus Henderson Mortgage-Backed Securities ETF
JMBS
|
+$333M |
| 5 |
Cisco
CSCO
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Novartis
NVS
|
+$409M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$374M |
| 3 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$347M |
| 4 |
ATVI
Activision Blizzard
ATVI
|
+$343M |
| 5 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$334M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.03% |
| 2 | Financials | 12.41% |
| 3 | Healthcare | 11.8% |
| 4 | Consumer Discretionary | 10.03% |
| 5 | Industrials | 9.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$2.93T
| $16.7B | 4.23% |
44,416,132
+989,824
| +2% | +$352M |
|
|
2
Apple
AAPL
$5.01T
| $16.4B | 4.16% |
85,048,638
+1,873,734
| +2% | +$346M |
|
3
Amazon
AMZN
$2.45T
| $7.89B | 2% |
51,920,953
+1,525,922
| +3% | +$214M |
|
4
NVIDIA
NVDA
$4.64T
| $6.73B | 1.71% |
135,865,950
+3,888,510
| +3% | +$180M |
|
5
Broadcom
AVGO
$1.78T
| $5.82B | 1.48% |
52,504,160
-434,750
| -0.8% | -$41.2M |
|
6
Alphabet (Google) Class A
GOOGL
$4.07T
| $4.88B | 1.24% |
34,910,194
+874,919
| +3% | +$118M |
|
7
Meta Platforms (Facebook)
META
$1.49T
| $4.72B | 1.2% |
13,324,745
+181,283
| +1% | +$59M |
|
8
Home Depot
HD
$337B
| $4.54B | 1.15% |
13,217,777
+347,614
| +3% | +$108M |
|
|
9
Alphabet (Google) Class C
GOOG
$4.06T
| $4.06B | 1.03% |
28,800,413
+481,376
| +2% | +$65.3M |
|
|
10
Merck
MRK
$323B
| $3.97B | 1.01% |
36,682,866
+4,731,152
| +15% | +$491M |
|
11
Chevron
CVX
$384B
| $3.89B | 0.99% |
26,235,473
+1,999,332
| +8% | +$302M |
|
12
AbbVie
ABBV
$471B
| $3.77B | 0.96% |
24,451,975
+1,702,415
| +7% | +$248M |
|
13
Tesla
TSLA
$1.2T
| $3.77B | 0.96% |
15,155,878
+458,804
| +3% | +$109M |
|
|
14
Cisco
CSCO
$457B
| $3.67B | 0.93% |
73,439,747
+6,345,954
| +9% | +$324M |
|
15
Coca-Cola
KO
$389B
| $3.62B | 0.92% |
62,007,129
-1,131,841
| -2% | -$64.3M |
|
16
Berkshire Hathaway Class B
BRK.B
$1.1T
| $3.62B | 0.92% |
10,142,452
+182,173
| +2% | +$63.9M |
|
17
Verizon
VZ
$201B
| $3.47B | 0.88% |
93,005,087
-5,022,455
| -5% | -$178M |
|
18
Texas Instruments
TXN
$247B
| $3.4B | 0.86% |
20,048,334
+1,154,513
| +6% | +$179M |
|
19
JPMorgan Chase
JPM
$930B
| $3.39B | 0.86% |
20,170,399
+154,426
| +0.8% | +$23.4M |
|
20
PepsiCo
PEP
$197B
| $3.23B | 0.82% |
19,001,928
+578,083
| +3% | +$95.9M |
|
21
UnitedHealth
UNH
$387B
| $3.14B | 0.8% |
5,984,853
+141,646
| +2% | +$75.5M |
|
22
Amgen
AMGN
$212B
| $2.99B | 0.76% |
10,393,110
-500,785
| -5% | -$136M |
|
23
Pfizer
PFE
$144B
| $2.99B | 0.76% |
104,246,432
+8,473,686
| +9% | +$256M |
|
24
Visa
V
$703B
| $2.73B | 0.69% |
10,524,329
+141,566
| +1% | +$34.9M |
|
25
Schwab US Large- Cap ETF
SCHX
$70.7B
| $2.72B | 0.69% |
144,434,229
+7,737,015
| +6% | +$136M |
|
Similar funds
Charles Schwab's Q4 2023 Portfolio in Review
As of Q4 2023, Charles Schwab held 3,619 positions worth $394B, up 13% from $349B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Trading was light in Q4 2023: portfolio turnover was 3.5%. Charles Schwab opened 44 new positions and exited 81, leaving the 3,619-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 22% a quarter earlier, followed by Financials and Healthcare.
- Charles Schwab's largest Q4 2023 buy was Janus Henderson Mortgage-Backed Securities ETF: 7,612,323 shares worth $350M.
- Charles Schwab added most to Merck in Q4 2023, an estimated $491M increase.
- Charles Schwab's biggest Q4 2023 reduction was Novartis, cutting an estimated $409M.
- Charles Schwab fully exited Activision Blizzard in Q4 2023, selling an estimated $343M.
- Charles Schwab's ten largest holdings make up 19% of its $394B portfolio in Q4 2023.
- Charles Schwab opened 44 new positions and closed 81 in Q4 2023.
- Charles Schwab's portfolio value rose 13% quarter-over-quarter to $394B.
Based on Charles Schwab's 13F filing for Q4 2023, filed 6 Feb 2024.