Schwab Fundamental US Broad Market Index ETF
FNDB
64 hedge funds and large institutions have $73M invested in Schwab Fundamental US Broad Market Index ETF in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% more capital invested
Capital invested by funds: $66M → $73M (+$6.99M)
7% more funds holding
Funds holding: 60 → 64 (+4)
5.42% more ownership
Funds ownership: 71.82% → 77.25% (+5.4%)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CMO
Covenant Multifamily Offices
San Antonio,
Texas
|
+$4.73M |
| 2 |
Goldman Sachs
New York
|
+$899K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$784K |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$361K |
| 5 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$331K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$734K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$499K |
| 3 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$486K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$360K |
| 5 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$263K |
FNDB Hedge Fund Activity: Q2 2019 in Review
64 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q2 2019, worth a combined $73M — up 11% from $66M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FNDB positions and 8 closed out — a net gain of 4 holders — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Covenant Multifamily Offices, opening a new position worth an estimated $4.73M. The largest seller was Jane Street, exiting entirely with an estimated $734K sold.
- 64 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q2 2019, up from 60 in Q1 2019.
- Funds reported $73M of Schwab Fundamental US Broad Market Index ETF stock for Q2 2019, up 11% quarter-over-quarter.
- 12 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q2 2019 and 8 closed out, a net change of +4 holders.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q2 2019 was Covenant Multifamily Offices, an estimated $4.73M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q2 2019 was Jane Street, an estimated $734K sold.
Based on aggregated 13F filings for Q2 2019.