Schwab Fundamental US Broad Market Index ETF
FNDB
71 hedge funds and large institutions have $62.3M invested in Schwab Fundamental US Broad Market Index ETF in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
6.96% more ownership
Funds ownership: 79.99% → 86.95% (+7%)
0% more funds holding
Funds holding: 71 → 71 (0)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
23% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 26
26% less capital invested
Capital invested by funds: $84.2M → $62.3M (-$21.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RDWM
Red Door Wealth Management
Memphis,
Tennessee
|
+$2.62M |
| 2 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$2.15M |
| 3 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
+$932K |
| 4 |
WANY
Wealthspire Advisors (New York)
New York
|
+$910K |
| 5 |
CC
Callan Capital
La Jolla,
California
|
+$875K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWA
HHM Wealth Advisors
Chattanooga,
Tennessee
|
-$1.44M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$884K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$835K |
| 4 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
-$615K |
| 5 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
-$377K |
FNDB Hedge Fund Activity: Q1 2020 in Review
71 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q1 2020, worth a combined $62.3M — down 26% from $84.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FNDB positions and 7 closed out — a net gain of 2 holders — while 20 added to existing stakes and 26 trimmed.
The largest buyer was Red Door Wealth Management, adding an estimated $2.62M. The largest seller was HHM Wealth Advisors, cutting an estimated $1.44M.
- 71 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $62.3M of Schwab Fundamental US Broad Market Index ETF stock for Q1 2020, down 26% quarter-over-quarter.
- 9 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q1 2020 and 7 closed out, a net change of +2 holders.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q1 2020 was Red Door Wealth Management, an estimated $2.62M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q1 2020 was HHM Wealth Advisors, an estimated $1.44M sold.
Based on aggregated 13F filings for Q1 2020.