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.
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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.56M |
| 2 |
Morgan Stanley
New York
|
+$1.12M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$618K |
| 4 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$327K |
| 5 |
OWM
Opes Wealth Management
Menlo Park,
California
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.39M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$1.12M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$691K |
| 4 |
GFP
Guardian Financial Partners
Orange,
California
|
-$504K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$428K |
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.