Schwab Fundamental US Large Company Index ETF
FNDX
412 hedge funds and large institutions have $9.31B invested in Schwab Fundamental US Large Company Index ETF in 2023 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 172 increasing their positions, 104 reducing their positions, and 37 closing their positions.
81% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 37
65% more repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 104
7% more capital invested
Capital invested by funds: $8.66B → $9.31B (+$642M)
7% more funds holding
Funds holding: 386 → 412 (+26)
2% less funds holding in top 10
Funds holding in top 10: 43 → 42 (-1)
5.04% less ownership
Funds ownership: 248.46% → 243.42% (-5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$109M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$19.9M |
| 3 |
CC
Callan Capital
La Jolla,
California
|
+$13.7M |
| 4 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$10.2M |
| 5 |
NB
Northwest Bancshares
Warren,
Pennsylvania
|
+$8.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPW
Pasadena Private Wealth
Pasadena,
California
|
-$18.8M |
| 2 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
-$8.1M |
| 3 |
LWM
Liberty Wealth Management
Oakland,
California
|
-$6.09M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.34M |
| 5 |
CWA
Consilium Wealth Advisory
Richardson,
Texas
|
-$3.54M |
FNDX Hedge Fund Activity: Q2 2023 in Review
412 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Large Company Index ETF (FNDX) for Q2 2023, worth a combined $9.31B — up 7.4% from $8.66B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new FNDX positions and 37 closed out — a net gain of 30 holders — while 172 added to existing stakes and 104 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $109M. The largest seller was Pasadena Private Wealth, exiting entirely with an estimated $18.8M sold.
- 412 institutional investors held Schwab Fundamental US Large Company Index ETF (FNDX) as of Q2 2023, up from 386 in Q1 2023.
- Funds reported $9.31B of Schwab Fundamental US Large Company Index ETF stock for Q2 2023, up 7.4% quarter-over-quarter.
- 67 funds opened new Schwab Fundamental US Large Company Index ETF positions in Q2 2023 and 37 closed out, a net change of +30 holders.
- The largest Schwab Fundamental US Large Company Index ETF buyer in Q2 2023 was Charles Schwab Investment Advisory, an estimated $109M added.
- The largest Schwab Fundamental US Large Company Index ETF seller in Q2 2023 was Pasadena Private Wealth, an estimated $18.8M sold.
Based on aggregated 13F filings for Q2 2023.