Lummis Asset Management, LP SCHO — Schwab Short Term US

Ownership history in Lummis Asset Management, LP  ·  10 quarters on record

AI Ownership Summary

Lummis Asset Management, LP reported Schwab Short Term US (SCHO) in 10 quarterly 13F filings from 2023 Q4 through 2026 Q1. Peak portfolio weight reached 2.4% in 2024 Q1. The latest visible filing shows SCHO at 0.68% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this SCHO ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Lummis Asset Management, LP's position in Schwab Short Term US, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

SCHO was reported at 0.68% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
2.4% in 2024 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

SCHO stock page Lummis Asset Management, LP fund profile Lummis Asset Management, LP full holdings
How Lummis Asset Management, LP held SCHO — position size vs. price
% of Fund (quarterly)    SCHO price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 10 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 REDUCED — — — 46,846 -4,934 -9.5% 0.68% $1.1M 2026-05-11 $24.18
2025 Q4 REDUCED — — — 51,780 -1,678 -3.1% 0.78% $1.3M 2026-02-10 $24.17
2025 Q3 ADDED — — — 53,458 +298 +0.6% 0.86% $1.3M 2025-11-10 $23.91
2025 Q2 REDUCED — — — 53,160 -298 -0.6% 0.85% $1.3M 2025-08-11 $23.61
2025 Q1 ADDED — — — 53,458 +1,682 +3.2% 0.90% $1.3M 2025-05-15 $23.32
2024 Q4 ADDED — — — 51,776 +15,668 +43.4% 1.58% $1.2M 2025-01-15 $22.92
2024 Q3 REDUCED — — — 36,108 -1,371 -3.7% 2.07% $1.8M 2024-11-06 $22.74
2024 Q2 ADDED — — — 37,479 +397 +1.1% 2.38% $1.8M 2024-08-14 $22.68
2024 Q1 REDUCED — — — 37,082 -15 -0.0% 2.40% $1.8M 2024-05-17 $22.12
2023 Q4 INITIATED — — — 37,097 — — 1.38% $1.8M 2024-02-14 $21.97

🏢 Other funds also holding SCHO

As of 2026 Q1 — sorted by position size

Holcombe Financial, Inc. 14.69% ACCESS FINANCIAL SERVICES, INC. 3Y 7Y 11.91% Arnold Financial Planning LLC 11.75% Clear Retirement Advice LLC 11.4% Blackhawk Capital Partners, LLC 3Y 7Y 11.05% Moisand Fitzgerald Tamayo, LLC 3Y 7Y 10.23% TruNorth Capital Management, LLC 9.14% Passive Capital Management, LLC. 8.94% Momentum Wealth Planning, LLC 8.63% KRM WEALTH MANAGEMENT L.L.C. 8.35%

FAQ About Lummis Asset Management, LP and SCHO

These are the practical questions this page is built to answer before you even open the full history table.

How long has Lummis Asset Management, LP reported owning SCHO?

Lummis Asset Management, LP reported SCHO across 10 quarterly 13F filings, from 2023 Q4 through 2026 Q1.

What was the largest reported SCHO position in Lummis Asset Management, LP's portfolio?

The largest reported portfolio weight for SCHO was 2.40% in 2024 Q1.

What is the latest reported SCHO position on this page?

The most recent filing on this page is 2026 Q1, when Lummis Asset Management, LP reported 46,846 shares, equal to 0.68% of portfolio, with an estimated market value of $1.1M.

What does the chart on this SCHO ownership page compare?

The chart compares Lummis Asset Management, LP's quarterly SCHO portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Lummis Asset Management, LP time their SCHO position?

Based on 13F filing dates vs. subsequent SCHO price moves, Lummis Asset Management, LP correctly timed 5 out of 9 reported position changes (56%). The annualised alpha on SCHO relative to SPY over the holding period was -13.5%.

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