Charles Schwab Trust Co
Long book
$1.54B
Q1 2026
Positions
165
Top-10 weight
55%
concentration
Last quarter
+9.4%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsCharles Schwab Trust Co is a wealth-management firm allocating client money, running a $1.54B US long book across 165 positions.
The portfolio is concentrated: the top 10 names carry 55% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: SCHWAB US AGGREGATE BOND ETF, VANGUARD S&P 500 ETF, SCHWAB US LARGE-CAP ETF, SCHWAB FNDMNTL US LRG CO ETF, SCHWAB INTL EQUITY ETF.
Over the last 9 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 4 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
+0.8%
Q2 2024
+6.6%
Q3 2024
-1.5%
Q4 2024
+0.2%
Q1 2025
+7.4%
Q2 2025
+5.9%
Q3 2025
+2.8%
Q4 2025
-0.2%
Q1 2026
+9.4%
Sector allocation
Technology 46%
Healthcare 12%
Financials 8%
Industrials 7%
Consumer discretionary 7%
Energy 6%
Utilities 6%
Services media 3%
Long book by quarter
What does Charles Schwab own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 140.6K | $24.5M | 1.6% | +12.7% |
| AAPL APPLE INC | Technology | 51.6K | $13.1M | 0.8% | -3.4% |
| JPM JPMORGAN CHASE & CO | Financials | 30.2K | $8.9M | 0.6% | -3.5% |
| MSFT MICROSOFT CORP | Technology | 20.7K | $7.6M | 0.5% | -11.1% |
| ABBV ABBVIE INC | Healthcare | 31.7K | $6.9M | 0.4% | -4.1% |
| AVGO BROADCOM INC | Technology | 21.8K | $6.7M | 0.4% | -10.8% |
| GOOGL ALPHABET INC-CL A | Technology | 19.0K | $5.5M | 0.4% | +34.2% |
| GOOG ALPHABET INC-CL C | Technology | 15.5K | $4.4M | 0.3% | -9.0% |
| XOM EXXON MOBIL CORP | Energy | 24.8K | $4.2M | 0.3% | -11.3% |
| CVX CHEVRON CORP | Energy | 19.6K | $4.1M | 0.3% | -11.3% |
| DE DEERE & CO | Industrials | 6.2K | $3.5M | 0.2% | -2.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 13.4K | $3.3M | 0.2% | -16.8% |
| OKE ONEOK INC | Utilities | 34.6K | $3.1M | 0.2% | Held |
| ABT ABBOTT LABORATORIES | Healthcare | 28.1K | $2.9M | 0.2% | -4.9% |
| WMT WALMART INC | Consumer discretionary | 22.8K | $2.8M | 0.2% | -7.1% |
| HUBB HUBBELL INC | Technology | 5.7K | $2.8M | 0.2% | 0.0% |
| CAT CATERPILLAR INC | Industrials | 3.9K | $2.8M | 0.2% | -29.2% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 65.5K | $2.5M | 0.2% | Held |
| MA MASTERCARD INC - A | Services media | 4.2K | $2.1M | 0.1% | -4.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.9K | $1.9M | 0.1% | +7.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 8.6K | $1.8M | 0.1% | +13.1% |
| PKG PACKAGING CORP OF AMERICA | Other | 8.2K | $1.7M | 0.1% | Held |
| LLY ELI LILLY & CO | Healthcare | 1.8K | $1.7M | 0.1% | +89.3% |
| HD HOME DEPOT INC | Consumer discretionary | 4.5K | $1.5M | 0.1% | -8.2% |
| PH PARKER HANNIFIN CORP | Industrials | 1.4K | $1.3M | 0.1% | +2.9% |
| CPAY CORPAY INC | Services media | 4.0K | $1.2M | 0.1% | Held |
| IBM INTL BUSINESS MACHINES CORP | Technology | 4.6K | $1.1M | 0.1% | +7.3% |
| PEP PEPSICO INC | Consumer staples | 7.0K | $1.1M | 0.1% | +3.2% |
| COP CONOCOPHILLIPS | Energy | 8.1K | $1.1M | 0.1% | +6.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 6.9K | $994K | 0.1% | -30.8% |
| META META PLATFORMS INC-CLASS A | Technology | 1.7K | $983K | 0.1% | +289.6% |
| MS MORGAN STANLEY | Financials | 5.9K | $972K | 0.1% | -22.4% |
| EMR EMERSON ELECTRIC CO | Industrials | 7.3K | $954K | 0.1% | -58.6% |
| MRK MERCK & CO. INC. | Healthcare | 7.9K | $953K | 0.1% | -8.1% |
| MCD MCDONALD'S CORP | Consumer discretionary | 3.0K | $921K | 0.1% | +58.0% |
| NEE NEXTERA ENERGY INC | Utilities | 9.4K | $872K | 0.1% | +42.4% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 16.0K | $801K | 0.1% | +12.7% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 780 | $777K | 0.1% | New |
| V VISA INC-CLASS A SHARES | Services media | 2.6K | $776K | 0.1% | +37.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 10, 2026 | 165 | $1.54B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 9, 2026 | 171 | $1.52B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 10, 2025 | 177 | $1.47B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 17, 2025 | 173 | $1.33B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 10, 2025 | 166 | $1.19B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 16, 2025 | 158 | $1.16B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 9, 2024 | 151 | $1.16B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 18, 2024 | 151 | $1.08B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 12, 2024 | 154 | $1.06B | canonical | SEC ↗ |