Schwab Fundamental US Broad Market Index ETF
FNDB
30 hedge funds and large institutions have $64.4M invested in Schwab Fundamental US Broad Market Index ETF in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 32 → 30 (-2)
7.97% less ownership
Funds ownership: 115.93% → 107.96% (-8%)
11% less capital invested
Capital invested by funds: $72.3M → $64.4M (-$7.87M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
+$586K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$358K |
| 3 |
PA
Paracle Advisors
Mercer Island,
Washington
|
+$346K |
| 4 |
AIG
American International Group
New York
|
+$193K |
| 5 |
SSB
Sandy Spring Bank
Olney,
Maryland
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.41M |
| 2 |
SWA
SFMG Wealth Advisors
Plano,
Texas
|
-$2.49M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.04M |
| 4 |
Chevy Chase Trust
Bethesda,
Maryland
|
-$1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$886K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $17K | +$6.42K | +699 | +66% |
|
|
MPWT
27
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $12.1K | – | – | – |
|
|
FANJ
28
Financial Architects (New Jersey)
Marlton,
New Jersey
| $8K | +$7.27K | +792 | New |
|
29
Citadel Advisors
Miami,
Florida
| – | -$363K | -38,247 | Closed |
|
30
Jane Street
New York
| – | -$346K | -36,342 | Closed |
|
|
HP
31
HT Partners
Centerbrook,
Connecticut
| – | -$264K | -28,359 | Closed |
|
|
BDF
32
Balasa Dinverno & Foltz
| – | -$201K | -12,279 | Closed |
|
|
CG
33
Colony Group
Boston,
Massachusetts
| – | -$84K | -8,862 | Closed |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| – | -$6K | -675 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$2K | -246 | Closed |
|
FNDB Hedge Fund Activity: Q1 2016 in Review
30 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q1 2016, worth a combined $64.4M — down 11% from $72.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FNDB and 5 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 7 added.
The largest buyer was Retirement Planning Group (Kansas), adding an estimated $586K. The largest seller was Susquehanna International Group, cutting an estimated $4.41M.
- 30 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q1 2016, down from 32 in Q4 2015.
- Funds reported $64.4M of Schwab Fundamental US Broad Market Index ETF stock for Q1 2016, down 11% quarter-over-quarter.
- 5 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q1 2016 and 7 closed out, a net change of -2 holders.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q1 2016 was Retirement Planning Group (Kansas), an estimated $586K added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q1 2016 was Susquehanna International Group, an estimated $4.41M sold.
Based on aggregated 13F filings for Q1 2016.