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 | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.92T
| $19B | 4.4% |
45,398,200
+982,068
| +2% | +$398M |
|
2
Apple
AAPL
$4.99T
| $14.9B | 3.43% |
86,728,055
+1,679,417
| +2% | +$305M |
|
3
NVIDIA
NVDA
$4.77T
| $12.6B | 2.92% |
139,990,900
+4,124,950
| +3% | +$299M |
|
4
Amazon
AMZN
$2.48T
| $9.66B | 2.23% |
53,532,896
+1,611,943
| +3% | +$269M |
|
5
Meta Platforms (Facebook)
META
$1.51T
| $6.51B | 1.5% |
13,396,611
+71,866
| +0.5% | +$32.1M |
|
6
Alphabet (Google) Class A
GOOGL
$4.08T
| $5.4B | 1.25% |
35,747,685
+837,491
| +2% | +$120M |
|
7
Home Depot
HD
$343B
| $4.81B | 1.11% |
12,634,371
-583,406
| -4% | -$213M |
|
|
8
Alphabet (Google) Class C
GOOG
$4.07T
| $4.46B | 1.03% |
29,299,571
+499,158
| +2% | +$72.1M |
|
9
Chevron
CVX
$374B
| $4.33B | 1% |
27,701,868
+1,466,395
| +6% | +$221M |
|
10
Berkshire Hathaway Class B
BRK.B
$1.11T
| $4.31B | 0.99% |
10,246,185
+103,733
| +1% | +$40.8M |
|
11
AbbVie
ABBV
$465B
| $4.12B | 0.95% |
22,717,314
-1,734,661
| -7% | -$299M |
|
12
JPMorgan Chase
JPM
$950B
| $4B | 0.92% |
20,226,537
+56,138
| +0.3% | +$10.1M |
|
13
Verizon
VZ
$201B
| $3.97B | 0.92% |
95,707,594
+2,702,507
| +3% | +$109M |
|
|
14
Broadcom
AVGO
$1.81T
| $3.97B | 0.92% |
30,244,400
-22,259,760
| -42% | -$2.76B |
|
15
Coca-Cola
KO
$380B
| $3.89B | 0.9% |
64,218,723
+2,211,594
| +4% | +$133M |
|
16
Cisco
CSCO
$456B
| $3.84B | 0.89% |
77,849,578
+4,409,831
| +6% | +$220M |
|
17
Eli Lilly
LLY
$1.09T
| $3.64B | 0.84% |
4,674,260
+113,707
| +2% | +$80.9M |
|
18
PepsiCo
PEP
$195B
| $3.55B | 0.82% |
20,301,786
+1,299,858
| +7% | +$219M |
|
19
Texas Instruments
TXN
$253B
| $3.54B | 0.82% |
20,456,658
+408,324
| +2% | +$68.1M |
|
|
20
Pfizer
PFE
$144B
| $3.37B | 0.78% |
122,239,952
+17,993,520
| +17% | +$499M |
|
21
ExxonMobil
XOM
$634B
| $3.19B | 0.74% |
27,631,456
+589,108
| +2% | +$61.6M |
|
|
22
Lockheed Martin
LMT
$134B
| $3.18B | 0.73% |
7,057,479
+1,419,556
| +25% | +$622M |
|
23
UnitedHealth
UNH
$389B
| $3.13B | 0.72% |
6,379,033
+394,180
| +7% | +$200M |
|
24
Schwab US Large- Cap ETF
SCHX
$71.3B
| $3.13B | 0.72% |
151,255,248
+6,821,019
| +5% | +$134M |
|
25
Amgen
AMGN
$212B
| $3.08B | 0.71% |
10,832,342
+439,232
| +4% | +$129M |
|
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.