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Schwab Fundamental US Broad Market Index ETF
FNDB

107 hedge funds and large institutions have $151M invested in Schwab Fundamental US Broad Market Index ETF in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 38 increasing their positions, 26 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 26

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

2% more capital invested

Capital invested by funds: $148M → $151M (+$3.28M)

0% more funds holding

Funds holding: 107 → 107 (0)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

1.21% less ownership

Funds ownership: 95.2% → 93.99% (-1.2%)

Holders
107
Holders Change
–
Holders Change %
0%
% of All Funds
1.71%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
10
Increased
38
Reduced
26
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
+$1.56M
2
Morgan Stanley
Morgan Stanley
New York
+$1.12M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$618K
4
QA
Quantitative Advantage
Minnesota
+$327K
5
OWM
Opes Wealth Management
California
+$322K

Top Sellers

Rank Fund Capital Flow
1
RJFSA
Raymond James Financial Services Advisors
Florida
-$6.39M
2
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
-$1.12M
3
RJA
Raymond James & Associates
Florida
-$691K
4
GFP
Guardian Financial Partners
California
-$504K
5
MML Investors Services
MML Investors Services
Massachusetts
-$428K
Name Holding Trade Value Shares
Change 		Change in
Stake
WANY
26
Wealthspire Advisors (New York)
New York
$1.28M -$1.9K -105 -0.1%
CAPTRUST Financial Advisors
27
CAPTRUST Financial Advisors
North Carolina
$1.25M -$1.12M -61,659 -47%
Envestnet Asset Management
28
Envestnet Asset Management
Illinois
$1.06M +$146K +8,037 +16%
WFA
29
Wade Financial Advisory
California
$1.04M -$761 -42 -0.1%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$1M +$48.3K +2,667 +5%
FG
31
Foster Group
Iowa
$955K +$76.8K +4,239 +9%
BBHC
32
Brown Brothers Harriman & Co
New York
$923K – – –
RJA
33
Raymond James & Associates
Florida
$922K -$691K -38,145 -43%
CW
34
Channel Wealth
California
$905K +$909K +50,160 New
CWC
35
Carolinas Wealth Consulting
North Carolina
$858K +$4.13K +228 +0.5%
QCG
36
Quadrant Capital Group
Ohio
$853K – – –
SWM
37
SeaCrest Wealth Management
New York
$829K -$61.3K -3,384 -7%
MWM
38
MorganRosel Wealth Management
Colorado
$819K -$11.4K -630 -1%
RTL
39
Red Tortoise LLC
Georgia
$816K +$870 +48 +0.1%
Prudential Financial
40
Prudential Financial
New Jersey
$803K +$147K +8,127 +22%
LPL Financial
41
LPL Financial
California
$801K +$19.3K +1,068 +2%
VCM
42
Vigilant Capital Management
Maine
$765K +$73.4K +4,050 +11%
MCM
43
MAI Capital Management
Ohio
$725K +$544 +30 +0.1%
TRCT
44
Tower Research Capital (TRC)
New York
$724K +$295K +16,296 +68%
HWM
45
HB Wealth Management
Georgia
$683K – – –
BAM
46
Bellevue Asset Management
Washington
$633K – – –
RPGK
47
Retirement Planning Group (Kansas)
Kansas
$630K -$3.81K -210 -0.6%
AF
48
Advisornet Financial
Minnesota
$630K +$21.2K +1,170 +3%
Osaic Holdings
49
Osaic Holdings
Arizona
$601K +$69.3K +3,825 +13%
SWA
50
SFMG Wealth Advisors
Texas
$599K – – –
1
2
3 4 5

FNDB Hedge Fund Activity: Q1 2023 in Review

107 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q1 2023, worth a combined $151M — up 2.2% from $148M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FNDB positions and 8 closed out — a net gain of 2 holders — while 38 added to existing stakes and 26 trimmed.

The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.56M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $6.39M.

  • 107 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q1 2023, unchanged from Q4 2022.
  • Funds reported $151M of Schwab Fundamental US Broad Market Index ETF stock for Q1 2023, up 2.2% quarter-over-quarter.
  • 10 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q1 2023 and 8 closed out, a net change of +2 holders.
  • The largest Schwab Fundamental US Broad Market Index ETF buyer in Q1 2023 was Citadel Advisors, an estimated $1.56M added.
  • The largest Schwab Fundamental US Broad Market Index ETF seller in Q1 2023 was Raymond James Financial Services Advisors, an estimated $6.39M sold.

Based on aggregated 13F filings for Q1 2023.