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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
Corient Private Wealth
51
Corient Private Wealth
Florida
$577K – – –
Chevy Chase Trust
52
Chevy Chase Trust
Maryland
$559K -$28.3K -1,560 -5%
MG
53
Mather Group
Illinois
$550K – – –
Bank of America
54
Bank of America
North Carolina
$549K +$107K +5,922 +24%
SFMG
55
Sage Financial Management Group
Virginia
$540K -$44.6K -2,463 -8%
JIR
56
James Investment Research
Ohio
$537K +$167K +9,204 +45%
CAM
57
Cozad Asset Management
Illinois
$519K -$20.1K -1,110 -4%
VNA
58
Valley National Advisers
Pennsylvania
$459K -$4.78K -264 -1%
Creative Planning
59
Creative Planning
Kansas
$427K +$435 +24 +0.1%
PA
60
PFG Advisors
Arizona
$357K – – –
CIC
61
Carnegie Investment Counsel
Ohio
$356K -$19K -1,050 -5%
MWM
62
Madison Wealth Management
Ohio
$327K – – –
QA
63
Quantitative Advantage
Minnesota
$326K +$327K +18,066 New
Lido Advisors
64
Lido Advisors
California
$323K +$1.58K +87 +0.5%
CIAS
65
Capital Investment Advisory Services
North Carolina
$302K -$4.24K -234 -1%
WRPWM
66
Werba Rubin Papier Wealth Management
California
$298K +$1.41K +78 +0.5%
AC
67
Avant Capital
Louisiana
$286K +$1.09K +60 +0.4%
EWM
68
Empirical Wealth Management
Washington
$263K – – –
GRP
69
Global Retirement Partners
California
$263K – – –
Mercer Global Advisors
70
Mercer Global Advisors
Colorado
$262K +$292K +16,134 New
HAS
71
HBW Advisory Services
California
$244K +$245K +13,548 New
TIM
72
Total Investment Management
Arizona
$244K +$978 +54 +0.4%
SFG
73
SNS Financial Group
Minnesota
$234K – – –
KCM
74
Kendall Capital Management
Maryland
$230K – – –
SWP
75
Stratos Wealth Partners
Ohio
$219K – – –
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.