Style
IndexTurnover
Orientation
Index / PassiveCharles Schwab Investment Management employs a passive, growth-oriented style with very low turnover, reflecting a buy-and-hold, index-tracking philosophy. The portfolio is heavily concentrated in mega-cap technology, with NVIDIA (4.3%), Apple (4.0%), and Microsoft (3.0%) representing the largest holdings, while the overall sector allocation is led by Technology at 22.9%, followed by Unclassified (14.4%) and Healthcare (9.9%). The inclusion of multiple Schwab Strategic Trust funds such as FNDX, FNDF, SCHR, and SMBS as top holdings indicates a core-satellite approach, balancing broad market exposure with factor-based or fixed-income strategies. This positioning reveals a high-conviction tilt toward dominant US growth equities, tempered by diversification across sectors and proprietary ETFs, consistent with a large-scale, rules-based investment process.
| # | Security | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | Nvidia Corporation(NVDA) | 160,214,733 | $32.1B | 4.27% |
| 2 | Apple Inc(AAPL) | 101,374,121 | $29.3B | 3.90% |
| 3 | Microsoft Corp(MSFT) | 52,298,999 | $19.5B | 2.60% |
| 4 | Amazon COM Inc(AMZN) | 66,029,318 | $15.7B | 2.09% |
Latest filing, equity positions only
| 5 |
| Alphabet Inc(GOOGL) |
| 40,980,558 |
| $14.6B |
| 1.95% |
| 6 | Broadcom Inc(AVGO) | 33,404,003 | $12.6B | 1.68% |
| 7 | Schwab Strategic TR(FNDX) | 374,969,727 | $11.7B | 1.55% |
| 8 | Alphabet Inc(GOOG) | 32,618,930 | $11.5B | 1.53% |
| 9 | Meta Platforms Inc(META) | 15,438,261 | $8.7B | 1.16% |
| 10 | Unitedhealth Group Inc(UNH) | 19,830,588 | $8.2B | 1.10% |
Quarter-over-quarter weight changes
| Sector | Prev % | Curr % | Change |
|---|---|---|---|
| Technology | 23.54% | 26.59% | +3.05% |
| Energy | 5.91% | 4.6% | -1.31% |
| Communication Services | 7.86% | 7.36% | -0.5% |
| Consumer Defensive | 6.36% | 6% | -0.36% |
| Unclassified | 12.46% | 12.17% | -0.29% |
| Basic Materials | 1.68% | 1.46% | -0.22% |
| Utilities | 1.99% | 1.77% | -0.22% |
| Consumer Cyclical | 8.24% | 8.05% | -0.19% |
| Healthcare | 9.97% | 10.11% | +0.14% |
| Industrials | 8.19% | 8.13% | -0.06% |
| Financial Services | 10.48% | 10.42% | -0.06% |
| Real Estate | 3.33% | 3.34% | +0.01% |
Quarter-over-quarter weight changes by market cap
| Cap Size | Prev % | Curr % | Change |
|---|---|---|---|
| Mega Cap | 41.12% | 42.15% | +1.03% |
| Large Cap | 38.27% | 37.46% | -0.81% |
| Unclassified | 12.46% | 12.17% | -0.29% |
| Mid Cap | 6.63% | 6.63% | 0% |
| Small Cap | 1.46% | 1.52% | +0.06% |
| Micro Cap | 0.06% | 0.07% | +0.01% |
Quarter-over-quarter position changes