Schwab Fundamental US Large Company Index ETF
FNDX
196 hedge funds and large institutions have $4.2B invested in Schwab Fundamental US Large Company Index ETF in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 68 increasing their positions, 67 reducing their positions, and 48 closing their positions.
7.1% more ownership
Funds ownership: 255.34% → 262.44% (+7.1%)
1% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 67
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
12% less funds holding
Funds holding: 222 → 196 (-26)
20% less capital invested
Capital invested by funds: $5.27B → $4.2B (-$1.07B)
46% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$419M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$28.7M |
| 3 |
KLI
Kelman-Lazarov Inc
Memphis,
Tennessee
|
+$16.5M |
| 4 |
CCA
Cobblestone Capital Advisors
Rochester,
New York
|
+$7.29M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
-$50.6M |
| 2 |
TWM
Tanglewood Wealth Management
Houston,
Texas
|
-$25.6M |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$5.66M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.76M |
| 5 |
CC
Callan Capital
La Jolla,
California
|
-$4.1M |
FNDX Hedge Fund Activity: Q1 2020 in Review
196 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Large Company Index ETF (FNDX) for Q1 2020, worth a combined $4.2B — down 20% from $5.27B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of FNDX and 26 opened new positions — a net loss of 22 holders — while 67 trimmed existing stakes and 68 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $419M. The largest seller was Madison Asset Management, cutting an estimated $50.6M.
- 196 institutional investors held Schwab Fundamental US Large Company Index ETF (FNDX) as of Q1 2020, down from 222 in Q4 2019.
- Funds reported $4.2B of Schwab Fundamental US Large Company Index ETF stock for Q1 2020, down 20% quarter-over-quarter.
- 26 funds opened new Schwab Fundamental US Large Company Index ETF positions in Q1 2020 and 48 closed out, a net change of -22 holders.
- The largest Schwab Fundamental US Large Company Index ETF buyer in Q1 2020 was Charles Schwab Investment Advisory, an estimated $419M added.
- The largest Schwab Fundamental US Large Company Index ETF seller in Q1 2020 was Madison Asset Management, an estimated $50.6M sold.
Based on aggregated 13F filings for Q1 2020.