Schwab Fundamental US Broad Market Index ETF
FNDB
32 hedge funds and large institutions have $72.3M invested in Schwab Fundamental US Broad Market Index ETF in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 33 → 32 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
15.82% less ownership
Funds ownership: 131.76% → 115.93% (-16%)
16% less capital invested
Capital invested by funds: $86.5M → $72.3M (-$14.3M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.15M |
| 2 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
+$540K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$512K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$495K |
| 5 |
LPL Financial
San Diego,
California
|
+$403K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$13.4M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$6.69M |
| 3 |
SWA
SFMG Wealth Advisors
Plano,
Texas
|
-$2.65M |
| 4 |
Chevy Chase Trust
Bethesda,
Maryland
|
-$2.42M |
| 5 |
Jane Street
New York
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $13K | -$28K | -2,904 | -68% |
|
|
MPWT
27
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $11.8K | – | – | – |
|
28
Creative Planning
Overland Park,
Kansas
| $10K | +$116 | +12 | +1% |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $6K | +$6.5K | +675 | New |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $2K | +$2.37K | +246 | New |
|
|
BFG
31
Bouchey Financial Group
Troy,
New York
| – | -$13.4M | -1,483,536 | Closed |
|
|
UCFA
32
United Capital Financial Advisors
Irving,
Texas
| – | -$6.69M | -738,966 | Closed |
|
|
AI
33
Atria Investments
Charlotte,
North Carolina
| – | -$303K | -33,519 | Closed |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$236K | -26,109 | Closed |
|
|
TSS
35
Two Sigma Securities
New York
| – | -$201K | -22,233 | Closed |
|
36
Envestnet Asset Management
Chicago,
Illinois
| – | -$136K | -15,012 | Closed |
|
FNDB Hedge Fund Activity: Q4 2015 in Review
32 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q4 2015, worth a combined $72.3M — down 16% from $86.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FNDB and 6 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 8 added.
The largest buyer was Bank of America, opening a new position worth an estimated $1.15M. The largest seller was Bouchey Financial Group, exiting entirely with an estimated $13.4M sold.
- 32 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q4 2015, down from 33 in Q3 2015.
- Funds reported $72.3M of Schwab Fundamental US Broad Market Index ETF stock for Q4 2015, down 16% quarter-over-quarter.
- 6 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q4 2015 and 7 closed out, a net change of -1 holder.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q4 2015 was Bank of America, an estimated $1.15M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q4 2015 was Bouchey Financial Group, an estimated $13.4M sold.
Based on aggregated 13F filings for Q4 2015.