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SCHW

Charles Schwab

1,874 hedge funds and large institutions have $105B invested in Charles Schwab in 2023 Q4 according to their latest regulatory filings, with 285 funds opening new positions, 763 increasing their positions, 640 reducing their positions, and 121 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more first-time investments, than exits

New positions opened: 285 | Existing positions closed: 121

52% more funds holding in top 10

Funds holding in top 10: 5888 (+30)

30% more capital invested

Capital invested by funds: $80.5B → $105B (+$24.2B)

19% more repeat investments, than reductions

Existing positions increased: 763 | Existing positions reduced: 640

8% more funds holding

Funds holding: 1,7361,874 (+138)

3.04% more ownership

Funds ownership: 82.83%85.87% (+3%)

7% more call options, than puts

Call options by funds: $2.42B | Put options by funds: $2.26B

Holders
1,874
Holders Change
+138
Holders Change %
+7.95%
% of All Funds
27.32%
Holding in Top 10
88
Holding in Top 10 Change
+30
Holding in Top 10 Change %
+51.72%
% of All Funds
1.28%
New
285
Increased
763
Reduced
640
Closed
121
Calls
$2.42B
Puts
$2.26B
Net Calls
+$159M
Net Calls Change
+$311M
Name Holding Trade Value Shares
Change
Change in
Stake
Janus Henderson Group
26
Janus Henderson Group
United Kingdom
$590M -$32M -554,785 -6%
Legal & General Group
27
Legal & General Group
United Kingdom
$586M -$1.95M -33,808 -0.4%
AIM
28
Allen Investment Management
New York
$584M -$2.59M -44,773 -0.5%
RCG
29
Ruane, Cunniff & Goldfarb
New York
$583M -$12.2M -210,679 -2%
Ameriprise
30
Ameriprise
Minnesota
$571M +$68.7M +1,188,960 +17%
BAMCO Inc
31
BAMCO Inc
New York
$559M +$1.45M +25,063 +0.3%
GIM
32
Generation Investment Management
United Kingdom
$549M -$72.7M -1,258,334 -14%
UBS AM
33
UBS AM
Illinois
$547M +$69.6M +1,204,325 +18%
Deutsche Bank
34
Deutsche Bank
Germany
$519M +$21.2M +367,394 +5%
Charles Schwab
35
Charles Schwab
California
$517M +$11.4M +197,504 +3%
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$478M +$61.7M +1,069,024 +18%
Baillie Gifford & Co
37
Baillie Gifford & Co
United Kingdom
$477M -$20.3M -351,729 -5%
Ninety One (UK)
38
Ninety One (UK)
United Kingdom
$467M -$16.6M -287,863 -4%
Lazard Asset Management
39
Lazard Asset Management
New York
$462M -$31.1M -538,874 -7%
YAM
40
Yacktman Asset Management
Texas
$435M -$2.3M -39,752 -0.6%
Ensign Peak Advisors
41
Ensign Peak Advisors
Utah
$402M +$98.6M +1,706,569 +41%
Principal Financial Group
42
Principal Financial Group
Iowa
$400M +$1.54M +26,589 +0.5%
TP
43
Theleme Partners
United Kingdom
$387M -$68.7M -1,190,000 -17%
LCOV
44
London Company of Virginia
Virginia
$385M -$19.8M -342,706 -6%
Baird Financial Group
45
Baird Financial Group
Wisconsin
$381M +$3.54M +61,234 +1%
Amundi
46
Amundi
France
$379M +$80.3M +1,390,182 +32%
Schroder Investment Management Group
47
Schroder Investment Management Group
United Kingdom
$374M +$8.23M +142,446 +3%
VanEck Associates
48
VanEck Associates
New York
$371M +$5.05M +87,395 +2%
FMI
49
Fiduciary Management Inc
Wisconsin
$355M +$15.8M +273,319 +6%
Envestnet Asset Management
50
Envestnet Asset Management
Illinois
$330M +$24.4M +422,408 +10%

SCHW Hedge Fund Activity: Q4 2023 in Review

1,874 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Charles Schwab (SCHW) for Q4 2023, worth a combined $105B — up 30% from $80.5B a quarter earlier.

Buyers outnumbered sellers: 285 funds opened new SCHW positions and 121 closed out — a net gain of 164 holders — while 763 added to existing stakes and 640 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.57B. The largest seller was Millennium Management, cutting an estimated $239M.

  • 1,874 institutional investors held Charles Schwab (SCHW) as of Q4 2023, up from 1,736 in Q3 2023.
  • Funds reported $105B of Charles Schwab stock for Q4 2023, up 30% quarter-over-quarter.
  • 285 funds opened new Charles Schwab positions in Q4 2023 and 121 closed out, a net change of +164 holders.
  • The largest Charles Schwab buyer in Q4 2023 was Morgan Stanley, an estimated $1.57B added.
  • The largest Charles Schwab seller in Q4 2023 was Millennium Management, an estimated $239M sold.

Based on aggregated 13F filings for Q4 2023.