Charles Schwab Trust Bank
Long book
$63.3M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+6.4%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsCharles Schwab Trust Bank is a wealth-management firm allocating client money, running a $63.3M US long book across 1 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SCHWAB US DVD EQUITY ETF.
Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-2.5%
Q2 2024
+9.7%
Q3 2024
-2.1%
Q4 2024
+3.3%
Q1 2025
-4.3%
Q2 2025
+4.0%
Q3 2025
+1.5%
Q4 2025
+12.8%
Q1 2026
+6.4%
Sector allocation
No sector data
Long book by quarter
What does Charles Schwab own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 1 | $63.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 1 | $68.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 1 | $55.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 1 | $94.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 1 | $80.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 19, 2025 | 1 | $137.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 1 | $137.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 1 | $138.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 9, 2024 | 1 | $146.8M | canonical | SEC ↗ |