Schwab Fundamental US Broad Market Index ETF
FNDB
40 hedge funds and large institutions have $98.9M invested in Schwab Fundamental US Broad Market Index ETF in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more capital invested
Capital invested by funds: $85.9M → $98.9M (+$13M)
5% more funds holding
Funds holding: 38 → 40 (+2)
0.49% less ownership
Funds ownership: 110.77% → 110.29% (-0.49%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Millie Capital Management
Walnut Creek,
California
|
+$3.45M |
| 2 |
OA
Opes Advisors
Cupertino,
California
|
+$2.8M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$2.23M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.53M |
| 5 |
SWA
SFMG Wealth Advisors
Plano,
Texas
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.19M |
| 2 |
Chevy Chase Trust
Bethesda,
Maryland
|
-$925K |
| 3 |
Citigroup
New York
|
-$618K |
| 4 |
SCM
SOL Capital Management
Rockville,
Maryland
|
-$556K |
| 5 |
Jane Street
New York
|
-$136K |
FNDB Hedge Fund Activity: Q1 2017 in Review
40 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q1 2017, worth a combined $98.9M — up 15% from $85.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FNDB positions and 1 closed out — a net gain of 3 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Millie Capital Management, opening a new position worth an estimated $3.45M. The largest seller was Susquehanna International Group, cutting an estimated $1.19M.
- 40 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q1 2017, up from 38 in Q4 2016.
- Funds reported $98.9M of Schwab Fundamental US Broad Market Index ETF stock for Q1 2017, up 15% quarter-over-quarter.
- 4 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q1 2017 and 1 closed out, a net change of +3 holders.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q1 2017 was Millie Capital Management, an estimated $3.45M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q1 2017 was Susquehanna International Group, an estimated $1.19M sold.
Based on aggregated 13F filings for Q1 2017.