Schwab Fundamental US Large Company Index ETF
FNDX
386 hedge funds and large institutions have $8.68B invested in Schwab Fundamental US Large Company Index ETF in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 175 increasing their positions, 106 reducing their positions, and 36 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 106
14% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 36
7% more capital invested
Capital invested by funds: $8.08B → $8.68B (+$603M)
4.73% more ownership
Funds ownership: 243.73% → 248.46% (+4.7%)
1% less funds holding
Funds holding: 388 → 386 (-2)
7% less funds holding in top 10
Funds holding in top 10: 46 → 43 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$154M |
| 2 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$131M |
| 3 |
PPW
Pasadena Private Wealth
Pasadena,
California
|
+$18.8M |
| 4 |
YAL
Your Advocates Ltd
Houston,
Texas
|
+$15.6M |
| 5 |
ML
McAdam LLC
Philadelphia,
Pennsylvania
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
-$14.3M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$8.61M |
| 3 |
BFA
BMS Financial Advisors
Rapid City,
South Dakota
|
-$5.39M |
| 4 |
JWM
Jackson Wealth Management
Lake Mary,
Florida
|
-$4.66M |
| 5 |
TWM
Tanglewood Wealth Management
Houston,
Texas
|
-$2.87M |
FNDX Hedge Fund Activity: Q1 2023 in Review
386 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Large Company Index ETF (FNDX) for Q1 2023, worth a combined $8.68B — up 7.5% from $8.08B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FNDX positions and 36 closed out — a net gain of 5 holders — while 175 added to existing stakes and 106 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $154M. The largest seller was Connectus Wealth, cutting an estimated $14.3M.
- 386 institutional investors held Schwab Fundamental US Large Company Index ETF (FNDX) as of Q1 2023, down from 388 in Q4 2022.
- Funds reported $8.68B of Schwab Fundamental US Large Company Index ETF stock for Q1 2023, up 7.5% quarter-over-quarter.
- 41 funds opened new Schwab Fundamental US Large Company Index ETF positions in Q1 2023 and 36 closed out, a net change of +5 holders.
- The largest Schwab Fundamental US Large Company Index ETF buyer in Q1 2023 was Charles Schwab Investment Advisory, an estimated $154M added.
- The largest Schwab Fundamental US Large Company Index ETF seller in Q1 2023 was Connectus Wealth, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2023.