Image Source: Unsplash
 

In the most recent quarter, several high-profile institutional investors made meaningful additions to their Charles Schwab (SCHW) positions, signaling renewed confidence in the brokerage giant’s long-term prospects. Despite the evolving macro backdrop and pressures in the financial sector, SCHW appears to be regaining favor among value-oriented managers and diversified funds.

Let’s examine some of the notable moves:
 

AQR Capital Management (Cliff Asness)

Shares: 2,358,310
Change: ↑ +2,061,332 (Previously: 296,978)
Value: $0.18B

AQR made a massive increase, growing its position more than sevenfold. Asness often targets stocks with improving fundamentals and favorable valuation metrics. SCHW’s recovery from liquidity concerns and its stable asset base may fit AQR’s value-plus-quality screen.
 

Bridgewater Associates (Ray Dalio)

Shares: 84,797
Change: New Position
Value: $0.01B

Dalio initiated a new stake last quarter, likely as part of his balanced portfolio strategy. SCHW’s role as a core financial infrastructure player with consistent earnings might provide the stability Bridgewater seeks amid macro uncertainty.
 

Fisher Asset Management (Ken Fisher)

Shares: 21,165,163
Change: ↑ +709,897 (Previously: 20,455,266)
Value: $1.66B

Ken Fisher already had a large stake, but his continued accumulation suggests long-term conviction. Fisher’s strategy often favors strong brand names with recurring revenue and customer loyalty. Schwab’s scale and client inflows align well with that thesis.
 

GAMCO Investors (Mario Gabelli)

Shares: 27,298
Change: ↑ +1,823 (Previously: 25,475)
Value: $0.00B

Though relatively small in size, Gabelli’s increased exposure to Schwab likely reflects his preference for asset-rich businesses with a margin of safety. Gabelli has long championed financial stocks trading below intrinsic value.
 

Giverny Capital (Francois Rochon)

Shares: 949,066
Change: ↑ +1,139 (Previously: 947,927)
Value: $0.07B

Rochon’s move appears more tactical—a small increase in an already established position. Giverny is known for quality growth at a reasonable price, and Schwab’s recent rebound in net interest revenue and client asset growth may have strengthened the case.
 

Conclusion

The uptick in activity among value-focused and fundamentals-driven investors suggests that Schwab may be emerging from the shadow of 2023’s regional bank turmoil. With a sticky client base, scalable platform, and increasing fee-based revenue, SCHW could be seen as a long-term winner in the financial services sector—especially at depressed valuations. These purchases reflect both opportunistic buying and strategic conviction.

More By This Author:

Costco Wholesale Corporation: Our Calculation Of Intrinsic Value
TSM Stock Under The Microscope: SuperInvestor Moves Reveal Market Sentiment
DoubleDown Interactive Co Ltd: Is This Deeply Undervalued Stock A Hidden Gem?