Schwab Fundamental US Broad Market Index ETF
FNDB
70 hedge funds and large institutions have $46.1M invested in Schwab Fundamental US Broad Market Index ETF in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 29 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
1% more funds holding
Funds holding: 69 → 70 (+1)
9.06% less ownership
Funds ownership: 70.42% → 61.36% (-9.1%)
14% less capital invested
Capital invested by funds: $53.9M → $46.1M (-$7.79M)
62% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWM
Opes Wealth Management
Menlo Park,
California
|
+$2.03M |
| 2 |
MG
Mather Group
Chicago,
Illinois
|
+$569K |
| 3 |
CGL
Clarius Group LLC
Seattle,
Washington
|
+$529K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$469K |
| 5 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Chevy Chase Trust
Bethesda,
Maryland
|
-$3.46M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.44M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.24M |
| 4 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
-$1.07M |
| 5 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
-$827K |
FNDB Hedge Fund Activity: Q3 2020 in Review
70 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q3 2020, worth a combined $46.1M — down 14% from $53.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FNDB positions and 6 closed out — a net gain of 2 holders — while 11 added to existing stakes and 29 trimmed.
The largest buyer was Opes Wealth Management, adding an estimated $2.03M. The largest seller was Chevy Chase Trust, cutting an estimated $3.46M.
- 70 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q3 2020, up from 69 in Q2 2020.
- Funds reported $46.1M of Schwab Fundamental US Broad Market Index ETF stock for Q3 2020, down 14% quarter-over-quarter.
- 8 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q3 2020 and 6 closed out, a net change of +2 holders.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q3 2020 was Opes Wealth Management, an estimated $2.03M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q3 2020 was Chevy Chase Trust, an estimated $3.46M sold.
Based on aggregated 13F filings for Q3 2020.