Schwab Fundamental US Broad Market Index ETF
FNDB
171 hedge funds and large institutions have $332M invested in Schwab Fundamental US Broad Market Index ETF in 2026 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 63 increasing their positions, 48 reducing their positions, and 10 closing their positions.
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
31% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 48
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7% more capital invested
Capital invested by funds: $311M → $332M (+$21.5M)
6% more funds holding
Funds holding: 162 → 171 (+9)
0.4% less ownership
Funds ownership: 29.73% → 29.33% (-0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Clearstead Advisors
Cleveland,
Ohio
|
+$4.68M |
| 2 |
RF
Rossby Financial
Melbourne,
Florida
|
+$4.65M |
| 3 |
FCM
Family Capital Management
Grand Rapids,
Michigan
|
+$3.93M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.9M |
| 5 |
Mariner
Overland Park,
Kansas
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$6.54M |
| 2 |
AC
AlphaCore Capital
La Jolla,
California
|
-$2.12M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.46M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$1.39M |
| 5 |
Goldman Sachs
New York
|
-$1.19M |
FNDB Hedge Fund Activity: Q1 2026 in Review
171 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Broad Market Index ETF (FNDB) for Q1 2026, worth a combined $332M — up 6.9% from $311M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FNDB positions and 10 closed out — a net gain of 12 holders — while 63 added to existing stakes and 48 trimmed.
The largest buyer was Clearstead Advisors, opening a new position worth an estimated $4.68M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $6.54M.
- 171 institutional investors held Schwab Fundamental US Broad Market Index ETF (FNDB) as of Q1 2026, up from 162 in Q4 2025.
- Funds reported $332M of Schwab Fundamental US Broad Market Index ETF stock for Q1 2026, up 6.9% quarter-over-quarter.
- 22 funds opened new Schwab Fundamental US Broad Market Index ETF positions in Q1 2026 and 10 closed out, a net change of +12 holders.
- The largest Schwab Fundamental US Broad Market Index ETF buyer in Q1 2026 was Clearstead Advisors, an estimated $4.68M added.
- The largest Schwab Fundamental US Broad Market Index ETF seller in Q1 2026 was Cambridge Investment Research Advisors, an estimated $6.54M sold.
Based on aggregated 13F filings for Q1 2026.