SCHWAB CHARLES CORP

SCHW Q1 2026 institutional ownership is a $125.1B book across 2,234 holders. BlackRock is the largest holder at $12.5B (133.2M shares, -1.5%, -$891M) -- the largest seller. Vanguard Capital Management is second at $10.2B (108.4M shares, NEW after three-way split). Dodge & Cox is third at $7.0B (75.0M shares, -2.9%, -$596M). JPMorgan is fourth at $6.9B (73.8M shares, +2.1%, +$159M). State Street is fifth at $6.8B (72.8M shares, +0.1%, +$419M). Geode Capital $3.6B (+1.5%). FMR/Fidelity $3.4B (+1.5%). Franklin Resources $3.0B (+1.6%). Vanguard total passive ~$11.9B across three entities. MassFinancial $2.3B (+46.7%, +$716M) -- the largest buyer. Primecap $2.2B (+0.4%). Fisher Asset $2.1B (+1.6%, +$92M). Morgan Stanley $2.1B (-2.1%, -$250M). Harris Associates $2.0B (-2.4%, -$151M). Artisan Partners $1.6B (+1.4%). Invesco $1.6B (+1.6%). Northern Trust $1.5B (-2.2%). BNY Mellon $1.5B (+2.4%, +$205M). Bank of America $1.5B (+1.6%, +$170M). Viking Global $1.4B (+1.2%). New: Vanguard three-way. The 75.50 whaleScore reflects AUM. Smart-money read: net-bullish. BlackRock -$891M and Dodge & Cox -$596M are meaningful trims, but the buyer cohort (MassFinancial +$716M, BNY Mellon +$205M, State Street +$419M, JPMorgan +$159M, Bank of America +$170M, Franklin +$86M, Fisher +$92M, Primecap +$76M, Artisan +$79M) is large and diverse. MassFinancial's +46.7% is a high-conviction signal. Cautiously bullish on SCHW.