Ruane, Cunniff & Goldfarb L.P.: CHARLES SCHWAB CORPORATION (SCHW) (SCHW): Quarterly 13F Position History
As of Q1 2026, Ruane, Cunniff & Goldfarb L.P. reported 4,714,780 shares of CHARLES SCHWAB CORPORATION (SCHW) (SCHW), worth $443.1M and representing 7.4% of its 13F equity book. Quarter-over-quarter share count change: 880,168 (-15.7%) . The position first appeared in Q1 2018 and has been disclosed across 33 13F-HR filings in Pactolio's tracked window.
- 4,714,780Shares Held (Latest Filing)
- $443.1MReported Market Value (Latest Filing)
- 7.4%Portfolio Weight (% of 13F Equity Book)
- 880,168Quarter-over-Quarter Share Change
- -$115.9MQuarter-over-Quarter Value Change
- 11,822,806Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 33 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 4,714,780 | 880,168 | -15.7% | $443.1M | 7.4% | $94.0 |
| Q4 2025 | 5,594,948 | 720,613 | -11.4% | $559.0M | 8.7% | $99.9 |
| Q3 2025 | 6,315,561 | 283,261 | -4.3% | $602.9M | 10.0% | $95.5 |
| Q2 2025 | 6,598,822 | 162,553 | -2.4% | $602.1M | 10.3% | $91.2 |
| Q1 2025 | 6,761,375 | 142,105 | -2.1% | $529.3M | 9.6% | $78.3 |
| Q4 2024 | 6,903,480 | 546,806 | -7.3% | $510.9M | 8.7% | $74.0 |
| Q3 2024 | 7,450,286 | 334,771 | -4.3% | $482.9M | 7.6% | $64.8 |
| Q2 2024 | 7,785,057 | 347,586 | -4.3% | $573.7M | 8.9% | $73.7 |
| Q1 2024 | 8,132,643 | 337,513 | -4.0% | $588.3M | 9.1% | $72.3 |
| Q4 2023 | 8,470,156 | 210,679 | -2.4% | $582.7M | 9.3% | $68.8 |
| Q3 2023 | 8,680,835 | 267,834 | -3.0% | $476.6M | 7.9% | $54.9 |
| Q2 2023 | 8,948,669 | +708,991 | +8.6% | $507.2M | 8.0% | $56.7 |
| Q1 2023 | 8,239,678 | 199,886 | -2.4% | $431.6M | 7.1% | $52.4 |
| Q4 2022 | 8,439,564 | 280,526 | -3.2% | $702.7M | 11.0% | $83.3 |
| Q3 2022 | 8,720,090 | 132,867 | -1.5% | $626.7M | 9.3% | $71.9 |
| Q2 2022 | 8,852,957 | +613,028 | +7.4% | $559.3M | 7.3% | $63.2 |
| Q1 2022 | 8,239,929 | 243,381 | -2.9% | $694.7M | 6.8% | $84.3 |
| Q4 2021 | 8,483,310 | 183,263 | -2.1% | $713.4M | 6.1% | $84.1 |
| Q3 2021 | 8,666,573 | 129,369 | -1.5% | $631.3M | 5.7% | $72.8 |
| Q2 2021 | 8,795,942 | 342,276 | -3.7% | $640.4M | 5.7% | $72.8 |
| Q1 2021 | 9,138,218 | 196,242 | -2.1% | $595.6M | 5.6% | $65.2 |
| Q4 2020 | 9,334,460 | 271,804 | -2.8% | $495.1M | 5.3% | $53.0 |
| Q3 2020 | 9,606,264 | 229,202 | -2.3% | $348.0M | 4.1% | $36.2 |
| Q2 2020 | 9,835,466 | 1,987,340 | -16.8% | $331.8M | 4.4% | $33.7 |
| Q1 2020 | 11,822,806 | +3,274,798 | +38.3% | $397.5M | 6.4% | $33.6 |
| Q4 2019 | 8,548,008 | 155,042 | -1.8% | $406.5M | 5.0% | $47.6 |
| Q3 2019 | 8,703,050 | 71,937 | -0.8% | $364.0M | 4.8% | $41.8 |
| Q2 2019 | 8,774,987 | 77,175 | -0.9% | $352.7M | 3.5% | $40.2 |
| Q1 2019 | 8,852,162 | +695,373 | +8.5% | $378.5M | 3.9% | $42.8 |
| Q4 2018 | 8,156,789 | 12,976 | -0.2% | $338.8M | 3.7% | $41.5 |
| Q3 2018 | 8,169,765 | 96,147 | -1.2% | $401.5M | 3.7% | $49.1 |
| Q2 2018 | 8,265,912 | 48,380 | -0.6% | $422.4M | 3.8% | $51.1 |
| Q1 2018 | 8,314,292 | — | — | $423.2M | 3.9% | $50.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Ruane, Cunniff & Goldfarb L.P. first disclose a SCHW position in 13F-HR filings?
Ruane, Cunniff & Goldfarb L.P. first reported CHARLES SCHWAB CORPORATION (SCHW) (SCHW) on its 13F-HR filing for the period ending 2018-03-31 (Q1 2018). The position has appeared on 33 reported quarters within Pactolio's tracked window.
What was Ruane, Cunniff & Goldfarb L.P.'s most recent quarter-over-quarter share-count change in SCHW?
Between Q4 2025 and Q1 2026, Ruane, Cunniff & Goldfarb L.P. reduced its SCHW position by 880,168 shares (-15.7%), leaving 4,714,780 shares at a market value of $443.1M.
Does the implied price-per-share represent Ruane, Cunniff & Goldfarb L.P.'s cost basis in SCHW?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.