We are live on ! Find out more
FNDB icon

Schwab Fundamental US Broad Market Index ETF
FNDB

133 hedge funds and large institutions have $254M invested in Schwab Fundamental US Broad Market Index ETF in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 45 increasing their positions, 37 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 6

22% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 37

15% more capital invested

Capital invested by funds: $221M → $254M (+$33.2M)

6% more funds holding

Funds holding: 126 → 133 (+7)

0.85% more ownership

Funds ownership: 101.88% → 102.73% (+0.85%)

0% more funds holding in top 10

Funds holding in top 10: 6 → 6 (0)

Holders
133
Holders Change
+7
Holders Change %
+5.56%
% of All Funds
1.92%
Holding in Top 10
6
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.09%
New
14
Increased
45
Reduced
37
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
BA
Brightwater Advisory
Florida
+$7.35M
2
RJFSA
Raymond James Financial Services Advisors
Florida
+$4.92M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$1.68M
4
MA
Mezzasalma Advisors
New Jersey
+$1.37M
5
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$1.33M

Top Sellers

1
FTUS
Flow Traders U.S.
New York
-$3.03M
2
Morgan Stanley
Morgan Stanley
New York
-$2.91M
3
LPL Financial
LPL Financial
California
-$656K
4
EWP
Elevation Wealth Partners
California
-$454K
5
HighTower Advisors
HighTower Advisors
Illinois
-$408K
Name Holding Trade Value Shares
Change 		Change in
Stake
FC
1
Financial Consulate
Maryland
$36.2M +$290K +13,899 +0.9%
CC
2
Callan Capital
California
$30.5M -$112K -5,358 -0.4%
HighTower Advisors
3
HighTower Advisors
Illinois
$14M -$408K -19,551 -3%
SL
4
Systelligence LLC
Minnesota
$13.4M -$33.4K -1,599 -0.3%
SS
5
Sound Stewardship
Kansas
$13M +$73.3K +3,507 +0.6%
OWM
6
Opes Wealth Management
California
$11.2M +$183K +8,742 +2%
Cambridge Investment Research Advisors
7
Cambridge Investment Research Advisors
Iowa
$10.3M +$1.33M +63,717 +16%
BA
8
Brightwater Advisory
Florida
$7.77M +$7.35M +351,783 New
RJFSA
9
Raymond James Financial Services Advisors
Florida
$7.49M +$4.92M +235,698 +228%
Morgan Stanley
10
Morgan Stanley
New York
$5.71M -$2.91M -139,338 -35%
LPL Financial
11
LPL Financial
California
$5.07M -$656K -31,398 -12%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$4.87M +$1.68M +80,568 +57%
GFP
13
Guardian Financial Partners
California
$4.68M -$319K -15,252 -7%
Ameriprise
14
Ameriprise
Minnesota
$4.47M -$106K -5,079 -2%
LRIA
15
Leonard Rickey Investment Advisors
Washington
$4.01M -$68.1K -3,258 -2%
CFO
16
CVA Family Office
Colorado
$3.69M -$361K -17,256 -9%
TAM
17
Townsend Asset Management
North Carolina
$3.38M +$4.39K +210 +0.1%
UBS Group
18
UBS Group
Switzerland
$3.29M -$56.5K -2,706 -2%
HWA
19
HHM Wealth Advisors
Tennessee
$2.7M -$91.5K -4,380 -3%
CAPTRUST Financial Advisors
20
CAPTRUST Financial Advisors
North Carolina
$2M -$47.9K -2,292 -2%
MML Investors Services
21
MML Investors Services
Massachusetts
$1.98M +$1.03M +49,212 +122%
MIA
22
Milestone Investment Advisors
Wisconsin
$1.96M -$245K -11,718 -12%
RDWM
23
Red Door Wealth Management
Tennessee
$1.91M – – –
CGL
24
Clarius Group LLC
Washington
$1.9M +$64.7K +3,099 +4%
Citadel Advisors
25
Citadel Advisors
Florida
$1.9M +$1.13M +54,324 +172%
1
2 3 4 5

FNDB Hedge Fund Activity: Q1 2024 in Review

133 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q1 2024, worth a combined $254M — up 15% from $221M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FNDB positions and 6 closed out — a net gain of 8 holders — while 45 added to existing stakes and 37 trimmed.

The largest buyer was Brightwater Advisory, opening a new position worth an estimated $7.35M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $3.03M sold.

  • 133 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q1 2024, up from 126 in Q4 2023.
  • Funds reported $254M of Schwab Fundamental US Broad Market Index ETF stock for Q1 2024, up 15% quarter-over-quarter.
  • 14 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q1 2024 and 6 closed out, a net change of +8 holders.
  • The largest Schwab Fundamental US Broad Market Index ETF buyer in Q1 2024 was Brightwater Advisory, an estimated $7.35M added.
  • The largest Schwab Fundamental US Broad Market Index ETF seller in Q1 2024 was Flow Traders U.S., an estimated $3.03M sold.

Based on aggregated 13F filings for Q1 2024.