Schwab Fundamental US Broad Market Index ETF
FNDB
172 hedge funds and large institutions have $389M invested in Schwab Fundamental US Broad Market Index ETF in 2026 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 69 increasing their positions, 38 reducing their positions, and 13 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 38
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
17% more capital invested
Capital invested by funds: $332M → $389M (+$56.9M)
1% more funds holding
Funds holding: 171 → 172 (+1)
0.73% less ownership
Funds ownership: 29.33% → 28.59% (-0.73%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$21.5M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$7.81M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.67M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.45M |
| 5 |
KFS
Kaizen Financial Strategies
Campbell,
California
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$3.12M |
| 2 |
CA
Clearstead Advisors
Cleveland,
Ohio
|
-$2.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.79M |
| 4 |
Corient Private Wealth
Miami,
Florida
|
-$1.45M |
| 5 |
AC
AlphaCore Capital
La Jolla,
California
|
-$792K |
FNDB Hedge Fund Activity: Q2 2026 in Review
172 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q2 2026, worth a combined $389M — up 17% from $332M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FNDB positions and 13 closed out — a net gain of 7 holders — while 69 added to existing stakes and 38 trimmed.
The largest buyer was EP Wealth Advisors, adding an estimated $21.5M. The largest seller was HighTower Advisors, cutting an estimated $3.12M.
- 172 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q2 2026, up from 171 in Q1 2026.
- Funds reported $389M of Schwab Fundamental US Broad Market Index ETF stock for Q2 2026, up 17% quarter-over-quarter.
- 20 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q2 2026 and 13 closed out, a net change of +7 holders.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q2 2026 was EP Wealth Advisors, an estimated $21.5M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q2 2026 was HighTower Advisors, an estimated $3.12M sold.
Based on aggregated 13F filings for Q2 2026.