Schwab Fundamental US Broad Market Index ETF
FNDB
159 hedge funds and large institutions have $289M invested in Schwab Fundamental US Broad Market Index ETF in 2025 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 57 increasing their positions, 39 reducing their positions, and 11 closing their positions.
97% more capital inflows, than outflows
Capital inflows: $51.8M | Capital outflows: $26.3M
46% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 39
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
1% more funds holding
Funds holding: 158 → 159 (+1)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.78% less ownership
Funds ownership: 32.11% → 31.32% (-0.78%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AlphaCore Capital
La Jolla,
California
|
+$29.4M |
| 2 |
Goldman Sachs
New York
|
+$4.25M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.69M |
| 4 |
Opes Wealth Management
Menlo Park,
California
|
+$1.53M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Systelligence LLC
Bloomington,
Minnesota
|
-$9.9M |
| 2 |
Financial Consulate
Hunt Valley,
Maryland
|
-$4.87M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$3.78M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.89M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$559K |
FNDB Hedge Fund Activity: Q2 2025 in Review
159 of the 7,625 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q2 2025, worth a combined $289M — up 2.3% from $283M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FNDB positions and 11 closed out — a net gain of 4 holders — while 57 added to existing stakes and 39 trimmed.
The largest buyer was AlphaCore Capital, adding an estimated $29.4M. The largest seller was Systelligence LLC, exiting entirely with an estimated $9.9M sold.
- 159 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q2 2025, up from 158 in Q1 2025.
- Funds reported $289M of Schwab Fundamental US Broad Market Index ETF stock for Q2 2025, up 2.3% quarter-over-quarter.
- 15 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q2 2025 and 11 closed out, a net change of +4 holders.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q2 2025 was AlphaCore Capital, an estimated $29.4M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q2 2025 was Systelligence LLC, an estimated $9.9M sold.
Based on aggregated 13F filings for Q2 2025.