Schwab Charitable Fund 13F annual report
Schwab Charitable Fund is an investment fund managing more than $4.26 trillion ran by Michael Maestas. There are currently 28 companies in Mr. Maestas’s portfolio. The largest investments include NVIDIA Corp and Ishares Tr, together worth $4.2 trillion.
$4.26 trillion Assets Under Management (AUM)
As of 5th July 2024, Schwab Charitable Fund’s top holding is 33,945,040 shares of NVIDIA Corp currently worth over $4.19 trillion and making up 98.5% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Schwab Charitable Fund owns more than approximately 0.1% of the company.
In addition, the fund holds 118,985 shares of Ishares Tr worth $10.4 billion.
The third-largest holding is Gallagher Arthur J Co worth $6.88 billion and the next is Palo Alto Networks Inc worth $5.64 billion, with 16,623 shares owned.
Currently, Schwab Charitable Fund's portfolio is worth at least $4.26 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Schwab Charitable Fund
The Schwab Charitable Fund office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Michael Maestas serves as the Investment Oversight Executive at Schwab Charitable Fund.
Recent trades
In the most recent 13F filing, Schwab Charitable Fund revealed that it had opened a new position in
Ishares Tr and bought 118,985 shares worth $10.4 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
30,422,913 additional shares.
This makes their stake in NVIDIA Corp total 33,945,040 shares worth $4.19 trillion.
NVIDIA Corp dropped 71.0% in the past year.
On the other hand, there are companies that Schwab Charitable Fund is getting rid of from its portfolio.
Schwab Charitable Fund closed its position in Uber Technologies Inc on 12th July 2024.
It sold the previously owned 82,065 shares for $3.54 billion.
Michael Maestas also disclosed a decreased stake in Gallagher Arthur J Co by 0.1%.
This leaves the value of the investment at $6.88 billion and 26,520 shares.
One of the largest hedge funds
The two most similar investment funds to Schwab Charitable Fund are Elo Mutual Pension Insurance Co and Homestead Advisers Corp. They manage $4.26 trillion and $4.26 trillion respectively.
Michael Maestas investment strategy
Schwab Charitable Fund’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 98.8% of
the total portfolio value.
The fund focuses on investments in the United States as
60.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
57% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $288 billion.
The complete list of Schwab Charitable Fund trades based on 13F SEC filings
These positions were updated on July 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| NVIDIA Corp |
863.77%
33,945,040
|
$4,193,570,242,000 | 98.48% |
| Ishares Tr |
Opened
118,985
|
$10,379,045,000 | 0.24% |
| Gallagher Arthur J Co |
10.83%
26,520
|
$6,876,901,000 | 0.16% |
| Palo Alto Networks Inc |
6.60%
16,623
|
$5,635,363,000 | 0.13% |
| Meta Platforms Inc |
7.40%
9,658
|
$4,869,757,000 | 0.11% |
| Vanguard Index Fds |
59.88%
11,567
|
$4,081,145,000 | 0.10% |
| Uber Technologies Inc |
Closed
82,065
|
$3,542,746,000 | |
| Schwab Strategic Tr |
No change
60,144
|
$3,147,336,000 | 0.07% |
| Workday Inc |
No change
12,988
|
$2,903,597,000 | 0.07% |
| Walmart Inc |
Opened
40,000
|
$2,708,400,000 | 0.06% |
| Spdr Ser Tr |
Opened
25,170
|
$2,501,118,000 | 0.06% |
| Roblox Corporation |
85.14%
65,703
|
$2,444,809,000 | 0.06% |
| Vanguard Admiral Fds Inc |
Opened
24,821
|
$2,437,670,000 | 0.06% |
| Ishares Tr |
68.50%
47,444
|
$5,070,273,000 | 0.12% |
| Apple Inc |
Opened
8,100
|
$1,706,022,000 | 0.04% |
| Tesla Inc |
0.42%
7,817
|
$1,546,828,000 | 0.04% |
| Arch Cap Group Ltd |
Closed
20,000
|
$1,497,000,000 | |
| Blackbaud Inc |
Closed
20,000
|
$1,423,600,000 | |
| Mondelez International Inc. |
Opened
21,237
|
$1,389,749,000 | 0.03% |
| Amazon.com Inc. |
No change
5,960
|
$1,151,770,000 | 0.03% |
| Southern Copper Corporation |
Opened
10,104
|
$1,088,605,000 | 0.03% |
| Okta Inc |
No change
8,775
|
$821,428,000 | 0.02% |
| Flowserve Corp. |
Opened
17,065
|
$820,827,000 | 0.02% |
| Vanguard Index Fds |
Opened
2,360
|
$631,324,000 | 0.01% |
| Schwab Strategic Tr |
Opened
8,061
|
$539,909,000 | 0.01% |
| EBay Inc. |
No change
9,120
|
$489,926,000 | 0.01% |
| Crowdstrike Holdings Inc |
40.67%
890
|
$341,039,000 | 0.01% |
| Trade Desk Inc |
No change
3,450
|
$336,962,000 | 0.01% |
| Resmed Inc. |
Closed
1,410
|
$308,085,000 | |
| Berkshire Hathaway Inc. |
16.91%
683
|
$277,844,000 | 0.01% |
| Selective Ins Group Inc |
Closed
2,512
|
$241,026,000 | |
| Blackstone Inc |
19.79%
1,925
|
$238,315,000 | 0.01% |
| Spdr Sp 500 Etf Tr |
Opened
379
|
$206,259,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 33 holdings | |||
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