Schwab Fundamental US Broad Market Index ETF
FNDB
159 hedge funds and large institutions have $319M invested in Schwab Fundamental US Broad Market Index ETF in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 69 increasing their positions, 33 reducing their positions, and 11 closing their positions.
109% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 33
72% more capital inflows, than outflows
Capital inflows: $20.4M | Capital outflows: $11.9M
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding
Funds holding: 159 → 159 (0)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.35% less ownership
Funds ownership: 31.32% → 30.97% (-0.35%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.05M |
| 2 |
CL
COWA LLC
Tulsa,
Oklahoma
|
+$2.45M |
| 3 |
Centurion Wealth Management
Mclean,
Virginia
|
+$2.14M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.8M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Consulate
Hunt Valley,
Maryland
|
-$4.96M |
| 2 |
Townsend Asset Management
Raleigh,
North Carolina
|
-$1.53M |
| 3 |
Kaizen Financial Strategies
Campbell,
California
|
-$804K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$762K |
| 5 |
Sanctuary Advisors
Indianapolis,
Indiana
|
-$757K |
FNDB Hedge Fund Activity: Q3 2025 in Review
159 of the 7,661 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q3 2025, worth a combined $319M — up 10% from $289M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FNDB positions and 11 closed out — a net gain of 1 holder — while 69 added to existing stakes and 33 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $5.05M. The largest seller was Financial Consulate, cutting an estimated $4.96M.
- 159 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q3 2025, unchanged from Q2 2025.
- Funds reported $319M of Schwab Fundamental US Broad Market Index ETF stock for Q3 2025, up 10% quarter-over-quarter.
- 12 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q3 2025 and 11 closed out, a net change of +1 holder.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q3 2025 was Goldman Sachs, an estimated $5.05M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q3 2025 was Financial Consulate, an estimated $4.96M sold.
Based on aggregated 13F filings for Q3 2025.