FNDF · Schwab Fundamental International Equity ETF · Holdings ETF

$54.03 +0.34 (+0.63%) At close · Oct 20

Volume · Oct 20 878.89K Avg daily vol (3M) 1.79M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Institutional holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.

Quarter:

Holders: 218

Total Value: $2,371,091,626

Total Shares: 44,113,334

Showing 1–100 of 218 holdings by value · page 1 of 3

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 218 13F filers · Δ vs Jun 30, 2026

Top Holder

39.7%

−4.9 pts

Top 5

53.5%

−4.5 pts

Top 10

64.2%

−0.9 pts

HHI

1,687

Moderately concentrated−376

Who Holds FNDF

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 879 filers, like-for-like change +2.6%; actively managed books +2.5%; index-like books +6.8%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	69.8%	630	+1.1%	66	24
Exempt adviser	0.0%	1	-86.1%	0	1
Adviser	1.1%	8	+1.8%	1	0
Bank	9.0%	28	+4.9%	3	0
Broker-dealer	0.9%	1	+7.6%	0	0
Holding company	3.2%	8	+2.4%	2	0
Insurer	0.0%	0	-100.0%	0	1
Non-US	0.0%	0	-100.0%	0	1
Unknown	16.0%	203	+8.5%	23	11

Style	Share	Filers	Change	New	Exited
Index-like	2.4%	10	+6.8%	4	0
Systematic-like	0.0%	2	-83.0%	0	2
Concentrated	14.7%	374	+6.5%	37	17
Diversified active	82.1%	492	+1.9%	54	19
Unknown	0.8%	1	-2.8%	0	0
Not measured	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	92.0%	637	+1.7%	57	21
Medium turnover	5.8%	136	+7.4%	23	5
High turnover	0.3%	7	+225.2%	3	4
Unknown	1.9%	99	+25.3%	12	8
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	1.2%	92	+6.4%	14	9
Medium horizon	5.2%	215	+12.6%	29	8
Long horizon	91.2%	548	+1.9%	47	18
Unknown	2.3%	24	+9.6%	5	3
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	12.8%	462	+4.4%	56	28
$1B to $10B	10.6%	297	+4.0%	30	7
$10B to $100B	16.9%	86	+10.9%	6	2
$100B or more	59.7%	34	-0.2%	3	1
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	21.7%	579	+6.0%	59	23
Pooled investment vehicles	0.0%	2	-49.7%	0	0
Registered funds and BDCs	46.1%	7	-1.2%	1	0
Pension and profit sharing plans	1.4%	10	+3.9%	1	0
Insurance companies	0.0%	1	+39.9%	0	0
Charitable organizations	0.0%	1	+21.1%	0	0
Corporations	0.0%	2	+330.1%	1	0
Other investment advisers	0.1%	8	+117.6%	2	0
Other	0.1%	2	-20.7%	0	0
Diversified	0.3%	17	+4.2%	2	1
Unknown	30.2%	250	+6.1%	29	14

Private funds	Share	Filers	Change	New	Exited
Hedge funds	0.7%	23	+1.8%	4	1
Private equity funds	1.7%	21	+4.2%	3	1
Venture capital funds	0.0%	3	+109.8%	0	0
Real estate funds	0.4%	12	+85.7%	0	1
Securitized asset funds	0.0%	1	-0.7%	0	0
Other private funds	3.1%	23	+14.4%	1	0
Mixed private funds	0.1%	4	+3.6%	0	0
Private funds, type not stated	0.5%	6	-0.6%	2	1
No private funds	63.3%	538	+0.1%	56	21
Unknown	30.2%	248	+6.2%	29	13

Location	Share	Filers	Change	New	Exited
United States	99.2%	870	+2.6%	95	37
Outside the US	0.8%	9	+1.2%	0	1

The Sep 30, 2026 filing window is still open, so its bar shows only the filers that have filed so far.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 12 holders with no observed 2026-03-31 13F and 15 holders with no observed 2026-06-30 13F.

Conviction and Crowding

879 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

457

52.0% of filers hold it in their top 10

Mar 31, 2026: 461

Holders above 5%

median weight 0.061%

Mar 31, 2026: 50

Crowding

—

shares outstanding is an issuer-wide count, not one listing's

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

shares outstanding is an issuer-wide count, not one listing's

Top 10 holders

65.1%

of 13F shares, Herfindahl 0.206

Active holders

+2.5%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 15.1 quarters

Under 1 year 4.05% 1 to 3 years 52.7% 3 years or more 43.2% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$45.35

estimated per share

Mar 31, 2026: $43.60

Quarter-end price

$52.76

implied by 13F values

Estimated gain or loss

+16.3%

price against the estimated cost

Estimated at a loss

0.000%

of costed 13F value

Estimated cost covers 5.70% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Fund Ownership of FNDF by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0 shares.

Fund type	Shares	Funds
Index funds	0	0
Index ETFs	0	0
Active ETFs	434,201	3
Active funds	0	0
Unclassified	0	0
All registered funds	434,201	3

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Quarterly Activity

vs Jun 30, 2026

New

Increased

Decreased

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: -662

Institutional value: -85.8%

Shares held: -86.0%

Top Buyers

vs Jun 30, 2026

Institution	Added	Now Holds
Large WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	+1,104,260	17,513,402
Small Wealth Forward, LLC	+185,984	193,452
Small Maia Wealth LLC	+155,413	823,061
Small Compass Financial Group, INC/SD	+89,393	120,039
Small Richard P Slaughter Associates Inc	+67,247	213,568

Top Sellers

vs Jun 30, 2026

Institution	Sold	Now Holds
Mid Charles Schwab Trust Co	−167,560	854,227
Small BEACON FINANCIAL GROUP	−92,227	87,085
Small Asset Allocation Strategies LLC	−60,484	143,387
Mid MISSION WEALTH MANAGEMENT, LP	−49,986	18,764
Small Trust Co	−19,553	1,095,535

Top New Positions

vs Jun 30, 2026

Institution	Acquired	Value (USD)
Mid CFS Investment Advisory Services, LLC	107,338	$5,769,417
Small Cushing Capital Partners, LLC	25,010	$1,344,287
Small Eagle Capital Management, LLC	22,265	$1,196,743
Small ABSOLUTE CAPITAL MANAGEMENT, LLC	13,141	$706,328
Mid Carnegie Investment Counsel	11,885	$638,818

Top Sold-Out Positions

vs Jun 30, 2026

Institution	Previously Held	Last Value (USD)
Mid Y-Intercept (Hong Kong) Ltd	5,804	$306,219
Small Hidden Cove Wealth Management, LLC	5,613	$296,141
Small GILL CAPITAL PARTNERS, LLC	3,402	$179,489
Small Cornerstone Planning Group LLC	2,279	$120,240
Small PHILLIPS FINANCIAL MANAGEMENT, LLC	902	$47,589

Filter: New 25 Increased 91 Reduced 58 Sold out 8 Unchanged 43

Holder type: Registered adviser 152 Bank 2 Unknown 64

Showing 100 of 218

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC FNDF

$941,345,357

39.70%

17,513,402

Auto-Owners Insurance Co FNDF

$145,286,250

6.13%

2,703,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Owners Insurance Co	519,000	$27,896,250	19.2%	Defined
Home-Owners Insurance Co	418,000	$22,467,500	15.5%	Defined
Held directly	1,766,000	$94,922,500	65.3%	Sole

Strata Wealth Advisors, LLC FNDF

$62,933,617

2.65%

1,170,858

Capital Advisors Wealth Management, LLC FNDF

$59,804,883

2.52%

1,112,649

Trust Co FNDF

$58,885,006

2.48%

1,095,535

Capital Advantage, Inc. FNDF

$58,613,783

2.47%

1,090,489

CANANDAIGUA NATIONAL BANK & TRUST CO FNDF

$53,789,345

2.27%

1,000,732

Johnson Bixby & Associates, LLC FNDF

$47,970,208

2.02%

892,469

Barry Investment Advisors, LLC FNDF

$46,799,963

1.97%

870,697

MFA WEALTH ADVISORS, LLC FNDF

$46,050,258

1.94%

856,749

Charles Schwab Trust Co FNDF

$45,914,701

1.94%

854,227

Focus Financial Network, Inc. FNDF

$45,585,321

1.92%

848,099

Maia Wealth LLC FNDF

$44,239,528

1.87%

823,061

Dynamic Advisor Solutions LLC FNDF

$41,267,960

1.74%

767,776

Arlington Financial Advisors, LLC FNDF

$40,671,818

1.72%

756,685

Resonant Capital Advisors, LLC FNDF

$33,581,441

1.42%

624,771

Prairiewood Capital, LLC FNDF

$31,213,108

1.32%

580,709

HOWARD FINANCIAL SERVICES, LTD. FNDF

$24,760,528

1.04%

460,661

Insight Wealth Strategies, LLC FNDF

$20,809,850

0.88%

387,160

MOLLER WEALTH PARTNERS FNDF

$20,637,205

0.87%

383,948

Mosley Wealth Management FNDF

$18,366,213

0.77%

341,697

COLLECTIVE FAMILY OFFICE LLC FNDF

$14,574,635

0.61%

271,156

ASPIRIANT, LLC FNDF

$14,541,525

0.61%

270,540

Keudell/Morrison Wealth Management FNDF

$14,495,676

0.61%

269,687

NorthCrest Asset Manangement, LLC FNDF

$13,484,047

0.57%

250,866

1900 WEALTH MANAGEMENT LLC FNDF

$13,122,578

0.55%

244,141

RHS Financial, LLC FNDF

$12,484,135

0.53%

232,263

Cherry Tree Wealth Management, LLC FNDF

$12,092,675

0.51%

224,980

Lee Financial Co FNDF

$11,724,541

0.49%

218,131

Richard P Slaughter Associates Inc FNDF

$11,479,280

0.48%

213,568

IFP Advisors, Inc FNDF

$11,133,452

0.47%

207,134

ARCADIA INVESTMENT ADVISORS LLC FNDF

$10,635,942

0.45%

197,878

Wealth Forward, LLC FNDF

$10,398,045

0.44%

193,452

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Prairiewood Capital, LLC	193,452	$10,398,045	100.0%	Other

McKinley Carter Wealth Services, Inc. FNDF

$10,185,033

0.43%

189,489

Financial Synergies Wealth Advisors, Inc. FNDF

$10,091,562

0.43%

187,750

Sound Stewardship, LLC FNDF

$10,073,502

0.42%

187,414

Northland Capital Management LLC FNDF

$10,018,677

0.42%

186,394

Williams Financial, LLC FNDF

$9,457,796

0.40%

175,959

Diversify Advisory Services, LLC FNDF

$8,905,945

0.38%

165,692

DIVERSIFY WEALTH MANAGEMENT, LLC FNDF

$8,905,945

0.38%

165,692

Sowell Financial Services LLC FNDF

$8,142,587

0.34%

151,490

HENGEHOLD CAPITAL MANAGEMENT LLC FNDF

$7,886,522

0.33%

146,726

Asset Allocation Strategies LLC FNDF

$7,707,051

0.33%

143,387

Atria Investments, Inc FNDF

$7,181,215

0.30%

133,604

Canandaigua National Trust Co of Florida FNDF

$6,960,033

0.29%

129,489

Oath Planning, LLC FNDF

$6,911,820

0.29%

128,592

Wealth Enhancement Trust Services, Inc. FNDF

$6,817,435

0.29%

126,836

Ifrah Financial Services, Inc. FNDF

$6,789,592

0.29%

126,318

Asio Capital, LLC FNDF

$6,633,610

0.28%

123,416

Compass Financial Group, INC/SD FNDF

$6,452,096

0.27%

120,039

Alhambra Investment Management LLC FNDF

$5,867,350

0.25%

109,160

Farther Finance Advisors, LLC FNDF

$5,774,470

0.24%

107,432

CFS Investment Advisory Services, LLC FNDF

$5,769,417

0.24%

107,338

Kaizen Financial Strategies FNDF

$5,617,090

0.24%

104,504

Cooke Wealth Management, LLC FNDF

$5,584,517

0.24%

103,898

IFC & Insurance Marketing, Inc. FNDF

$5,194,561

0.22%

96,643

Concurrent Investment Advisors, LLC FNDF

$5,185,155

0.22%

96,468

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Concurrent Asset Management, LLC	29,044	$1,561,115	30.1%	Sole
Held directly	67,424	$3,624,040	69.9%	Sole

First Pacific Financial FNDF

$4,896,410

0.21%

91,096

Essential Partners LLC FNDF

$4,875,608

0.21%

90,709

SAX WEALTH ADVISORS, LLC FNDF

$4,761,013

0.20%

88,577

BEACON FINANCIAL GROUP FNDF

$4,680,818

0.20%

87,085

BFI Wealth Solutions, LLC FNDF

$4,504,787

0.19%

83,810

Copper Harbor Investment Advisors, LLC FNDF

$3,971,050

0.17%

73,880

AMERICAN FINANCIAL & TAX STRATEGIES INC FNDF

$3,940,305

0.17%

73,308

JB Capital LLC FNDF

$3,812,702

0.16%

70,934

MATHER GROUP, LLC. FNDF

$3,794,750

0.16%

70,600

Centurion Wealth Management LLC FNDF

$3,745,138

0.16%

69,677

CATHY PARETO & ASSOCIATES, INC FNDF

$3,681,660

0.16%

68,496

NOVEM GROUP FNDF

$3,621,030

0.15%

67,368

Capital Square, LLC FNDF

$3,421,940

0.14%

63,664

C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors FNDF

$3,368,727

0.14%

62,674

MERIDIAN INVESTMENT COUNSEL INC. FNDF

$3,357,332

0.14%

62,462

SALEM INVESTMENT COUNSELORS INC FNDF

$3,340,078

0.14%

62,141

LongView Wealth Management FNDF

$3,310,516

0.14%

61,591

Kathmere Capital Management, LLC FNDF

$3,252,950

0.14%

60,520

Whipplewood Advisors, LLC FNDF

$2,963,130

0.12%

55,128

PENSION & WEALTH MANAGEMENT ADVISORS, INC. FNDF

$2,711,096

0.11%

50,439

Tempus Wealth Planning, LLC FNDF

$2,580,698

0.11%

48,013

Boyce & Associates Wealth Consulting, Inc. FNDF

$2,458,471

0.10%

45,739

Family Legacy, Inc. FNDF

$2,404,613

0.10%

44,737

RF&L WEALTH MANAGEMENT, LLC FNDF

$2,247,018

0.09%

41,805

Dupree Financial Group, LLC FNDF

$2,210,737

0.09%

41,130

INDEPENDENT FINANCIAL GROUP, LLC FNDF

$1,926,722

0.08%

35,846

Mayfair Advisory Group, LLC FNDF

$1,809,708

0.08%

33,669

Nvest Wealth Strategies, Inc. FNDF

$1,794,336

0.08%

33,383

Dickmeyer Boyce Financial Management, Inc. FNDF

$1,734,835

0.07%

32,276

Eagle Strategies LLC FNDF

$1,688,717

0.07%

31,418

OMNI 360 Wealth, Inc. FNDF

$1,603,685

0.07%

29,836

ELEVATION WEALTH PARTNERS, LLC FNDF

$1,547,785

0.07%

28,796

City Center Advisors, LLC FNDF

$1,535,637

0.06%

28,570

Worth Asset Management, LLC FNDF

$1,515,051

0.06%

28,187

Advus Financial Partners, LLC FNDF

$1,469,901

0.06%

27,347

SteelPeak Wealth, LLC FNDF

$1,455,120

0.06%

27,072

Archford Capital Strategies, LLC FNDF

$1,424,590

0.06%

26,504

Bulwark Capital Corp FNDF

$1,410,937

0.06%

26,250

Integrated Advisors Network LLC FNDF

$1,350,468

0.06%

25,125

Cushing Capital Partners, LLC FNDF

$1,344,287

0.06%

25,010

Avidian Wealth Enterprises, LLC FNDF

$1,307,415

0.06%

24,324

Detalus Advisors, LLC FNDF

$1,266,726

0.05%

23,567

Wedmont Private Capital FNDF

$1,215,502

0.05%

22,614

Showing the top 100 of 218 holders. Create a free account to see every holder, past quarters, search, filters and CSV export.