Schwab Fundamental US Large Company Index ETF
FNDX
479 hedge funds and large institutions have $10.9B invested in Schwab Fundamental US Large Company Index ETF in 2023 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 191 increasing their positions, 125 reducing their positions, and 29 closing their positions.
259% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 29
172% more call options, than puts
Call options by funds: $353K | Put options by funds: $130K
53% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 125
25% more funds holding in top 10
Funds holding in top 10: 40 → 50 (+10)
17% more capital invested
Capital invested by funds: $9.26B → $10.9B (+$1.62B)
17% more funds holding
Funds holding: 411 → 479 (+68)
3.02% more ownership
Funds ownership: 241.99% → 245.01% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$119M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$65.3M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$25.5M |
| 4 |
KCPG
Kavar Capital Partners Group
Leawood,
Kansas
|
+$23.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YAL
Your Advocates Ltd
Houston,
Texas
|
-$5.33M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.85M |
| 3 |
MWM
Meridian Wealth Management
Lexington,
Kentucky
|
-$2.3M |
| 4 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$1.9M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.42M |
FNDX Hedge Fund Activity: Q4 2023 in Review
479 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Schwab Fundamental US Large Company Index ETF (FNDX) for Q4 2023, worth a combined $10.9B — up 17% from $9.26B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new FNDX positions and 29 closed out — a net gain of 75 holders — while 191 added to existing stakes and 125 trimmed.
The largest buyer was CAPTRUST Financial Advisors, adding an estimated $119M. The largest seller was Your Advocates Ltd, cutting an estimated $5.33M.
- 479 institutional investors held Schwab Fundamental US Large Company Index ETF (FNDX) as of Q4 2023, up from 411 in Q3 2023.
- Funds reported $10.9B of Schwab Fundamental US Large Company Index ETF stock for Q4 2023, up 17% quarter-over-quarter.
- 104 funds opened new Schwab Fundamental US Large Company Index ETF positions in Q4 2023 and 29 closed out, a net change of +75 holders.
- The largest Schwab Fundamental US Large Company Index ETF buyer in Q4 2023 was CAPTRUST Financial Advisors, an estimated $119M added.
- The largest Schwab Fundamental US Large Company Index ETF seller in Q4 2023 was Your Advocates Ltd, an estimated $5.33M sold.
Based on aggregated 13F filings for Q4 2023.