Schwab Fundamental US Broad Market Index ETF
FNDB
40 hedge funds and large institutions have $98.9M invested in Schwab Fundamental US Broad Market Index ETF in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more capital invested
Capital invested by funds: $85.9M → $98.9M (+$13M)
5% more funds holding
Funds holding: 38 → 40 (+2)
0.49% less ownership
Funds ownership: 110.77% → 110.29% (-0.49%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Millie Capital Management
Walnut Creek,
California
|
+$3.45M |
| 2 |
OA
Opes Advisors
Cupertino,
California
|
+$2.8M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$2.23M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.53M |
| 5 |
SWA
SFMG Wealth Advisors
Plano,
Texas
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.19M |
| 2 |
Chevy Chase Trust
Bethesda,
Maryland
|
-$925K |
| 3 |
Citigroup
New York
|
-$618K |
| 4 |
SCM
SOL Capital Management
Rockville,
Maryland
|
-$556K |
| 5 |
Jane Street
New York
|
-$136K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
26
Edge Wealth Management
New York
| $169K | -$8.51K | -765 | -5% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $134K | +$9.44K | +849 | +8% |
|
|
FANJ
28
Financial Architects (New Jersey)
Marlton,
New Jersey
| $116K | +$76.4K | +6,864 | +197% |
|
|
SSB
29
Sandy Spring Bank
Olney,
Maryland
| $102K | -$47.6K | -4,275 | -32% |
|
30
Creative Planning
Overland Park,
Kansas
| $101K | +$95K | +8,544 | +1,924% |
|
31
Bank of America
Charlotte,
North Carolina
| $66K | -$1.57K | -141 | -2% |
|
32
UBS Group
Zurich,
Switzerland
| $59K | – | – | – |
|
|
PWM
33
Perigon Wealth Management
San Francisco,
California
| $47K | – | – | – |
|
|
KKAMG
34
Kernodle & Katon Asset Management Group
Searcy,
Arkansas
| $46K | – | – | – |
|
|
LTFS
35
Ladenburg Thalmann Financial Services
Miami,
Florida
| $23K | +$22.7K | +2,037 | New |
|
|
NCM
36
New Capital Management
Houston,
Texas
| $17K | +$17.3K | +1,554 | New |
|
|
MPWT
37
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $13.9K | – | – | – |
|
|
IA
38
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
|
39
Citigroup
New York
| – | -$618K | -57,000 | Closed |
|
FNDB Hedge Fund Activity: Q1 2017 in Review
40 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q1 2017, worth a combined $98.9M — up 15% from $85.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FNDB positions and 1 closed out — a net gain of 3 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Millie Capital Management, opening a new position worth an estimated $3.45M. The largest seller was Susquehanna International Group, cutting an estimated $1.19M.
- 40 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q1 2017, up from 38 in Q4 2016.
- Funds reported $98.9M of Schwab Fundamental US Broad Market Index ETF stock for Q1 2017, up 15% quarter-over-quarter.
- 4 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q1 2017 and 1 closed out, a net change of +3 holders.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q1 2017 was Millie Capital Management, an estimated $3.45M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q1 2017 was Susquehanna International Group, an estimated $1.19M sold.
Based on aggregated 13F filings for Q1 2017.