Schwab Fundamental US Broad Market Index ETF
FNDB
133 hedge funds and large institutions have $254M invested in Schwab Fundamental US Broad Market Index ETF in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 45 increasing their positions, 37 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
22% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 37
15% more capital invested
Capital invested by funds: $221M → $254M (+$33.2M)
6% more funds holding
Funds holding: 126 → 133 (+7)
0.85% more ownership
Funds ownership: 101.88% → 102.73% (+0.85%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
Brightwater Advisory
Tampa,
Florida
|
+$7.35M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.92M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.68M |
| 4 |
MA
Mezzasalma Advisors
Tinton Falls,
New Jersey
|
+$1.37M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$3.03M |
| 2 |
Morgan Stanley
New York
|
-$2.91M |
| 3 |
LPL Financial
San Diego,
California
|
-$656K |
| 4 |
EWP
Elevation Wealth Partners
Santa Rosa,
California
|
-$454K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$408K |
FNDB Hedge Fund Activity: Q1 2024 in Review
133 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q1 2024, worth a combined $254M — up 15% from $221M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FNDB positions and 6 closed out — a net gain of 8 holders — while 45 added to existing stakes and 37 trimmed.
The largest buyer was Brightwater Advisory, opening a new position worth an estimated $7.35M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $3.03M sold.
- 133 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q1 2024, up from 126 in Q4 2023.
- Funds reported $254M of Schwab Fundamental US Broad Market Index ETF stock for Q1 2024, up 15% quarter-over-quarter.
- 14 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q1 2024 and 6 closed out, a net change of +8 holders.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q1 2024 was Brightwater Advisory, an estimated $7.35M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q1 2024 was Flow Traders U.S., an estimated $3.03M sold.
Based on aggregated 13F filings for Q1 2024.