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Schwab Fundamental US Broad Market Index ETF

133 hedge funds and large institutions have $252M invested in Schwab Fundamental US Broad Market Index ETF in 2024 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 43 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 11

0% more funds holding

Funds holding: 133133 (0)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

1% less capital invested

Capital invested by funds: $254M → $252M (-$2.29M)

3.12% less ownership

Funds ownership: 102.73%99.61% (-3.1%)

21% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 43

Holders
133
Holders Change
Holders Change %
0%
% 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
12
Increased
34
Reduced
43
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FC
1
Financial Consulate
Maryland
$36M +$168K +7,779 +0.5%
CC
2
Callan Capital
California
$30.1M -$148K -6,846 -0.5%
HighTower Advisors
3
HighTower Advisors
Illinois
$14.3M +$460K +21,282 +3%
SL
4
Systelligence LLC
Minnesota
$13M -$227K -10,494 -2%
SS
5
Sound Stewardship
Kansas
$12.9M +$22.1K +1,020 +0.2%
OWM
6
Opes Wealth Management
California
$11.1M +$17.4K +804 +0.2%
Cambridge Investment Research Advisors
7
Cambridge Investment Research Advisors
Iowa
$10.7M +$562K +25,992 +6%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$8.09M +$667K +30,816 +9%
BA
9
Brightwater Advisory
Florida
$7.39M -$294K -13,572 -4%
Morgan Stanley
10
Morgan Stanley
New York
$5.84M +$192K +8,871 +3%
LPL Financial
11
LPL Financial
California
$5.39M +$375K +17,346 +8%
Ameriprise
12
Ameriprise
Minnesota
$4.61M +$179K +8,295 +4%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$4.56M -$266K -12,309 -6%
GFP
14
Guardian Financial Partners
California
$4.53M -$104K -4,785 -2%
LRIA
15
Leonard Rickey Investment Advisors
Washington
$4.09M +$121K +5,607 +3%
CFO
16
CVA Family Office
Colorado
$3.59M -$68.7K -3,177 -2%
TAM
17
Townsend Asset Management
North Carolina
$3.33M -$12.2K -564 -0.4%
MA
18
Mezzasalma Advisors
New Jersey
$3.21M +$1.39M +64,170 +78%
UBS Group
19
UBS Group
Switzerland
$2.77M -$477K -22,044 -15%
HWA
20
HHM Wealth Advisors
Tennessee
$2.56M -$118K -5,475 -4%
KFS
21
Kaizen Financial Strategies
California
$2.29M +$797K +36,837 +57%
CAPTRUST Financial Advisors
22
CAPTRUST Financial Advisors
North Carolina
$1.96M -$17.1K -789 -0.9%
Bank of America
23
Bank of America
North Carolina
$1.94M +$372K +17,181 +24%
RJA
24
Raymond James & Associates
Florida
$1.92M +$155K +7,152 +9%
RDWM
25
Red Door Wealth Management
Tennessee
$1.89M

FNDB Hedge Fund Activity: Q2 2024 in Review

133 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q2 2024, worth a combined $252M — down 0.9% from $254M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new FNDB positions and 11 closed out — a net gain of 1 holder — while 34 added to existing stakes and 43 trimmed.

The largest buyer was Mezzasalma Advisors, adding an estimated $1.39M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.9M sold.

  • 133 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q2 2024, unchanged from Q1 2024.
  • Funds reported $252M of Schwab Fundamental US Broad Market Index ETF stock for Q2 2024, down 0.9% quarter-over-quarter.
  • 12 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q2 2024 and 11 closed out, a net change of +1 holder.
  • The largest Schwab Fundamental US Broad Market Index ETF buyer in Q2 2024 was Mezzasalma Advisors, an estimated $1.39M added.
  • The largest Schwab Fundamental US Broad Market Index ETF seller in Q2 2024 was Citadel Advisors, an estimated $1.9M sold.

Based on aggregated 13F filings for Q2 2024.