Schwab Fundamental US Broad Market Index ETF
FNDB
108 hedge funds and large institutions have $144M invested in Schwab Fundamental US Broad Market Index ETF in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 35 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
1% more funds holding
Funds holding: 107 → 108 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less capital invested
Capital invested by funds: $151M → $144M (-$7.28M)
9.56% less ownership
Funds ownership: 93.99% → 84.44% (-9.6%)
20% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$2.23M |
| 2 |
VA
Valmark Advisers
Akron,
Ohio
|
+$1.64M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$938K |
| 4 |
JP Morgan Chase
New York
|
+$732K |
| 5 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
+$503K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.2M |
| 2 |
GFP
Guardian Financial Partners
Orange,
California
|
-$5.13M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$594K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$550K |
FNDB Hedge Fund Activity: Q2 2023 in Review
108 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q2 2023, worth a combined $144M — down 4.8% from $151M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FNDB positions and 8 closed out — a net gain of 2 holders — while 28 added to existing stakes and 35 trimmed.
The largest buyer was Lincoln National Corp, opening a new position worth an estimated $2.23M. The largest seller was Ameriprise, cutting an estimated $11.2M.
- 108 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q2 2023, up from 107 in Q1 2023.
- Funds reported $144M of Schwab Fundamental US Broad Market Index ETF stock for Q2 2023, down 4.8% quarter-over-quarter.
- 10 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q2 2023 and 8 closed out, a net change of +2 holders.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q2 2023 was Lincoln National Corp, an estimated $2.23M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q2 2023 was Ameriprise, an estimated $11.2M sold.
Based on aggregated 13F filings for Q2 2023.