FNDA β€” SCHWAB STRATEGIC TR

Ownership history in Steele Capital Management, Inc.  Β·  9 quarters on record

This page tracks every 13F SEC filing in which Steele Capital Management, Inc. reported a position in SCHWAB STRATEGIC TR (FNDA). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
3.28% (2023 Q4)
πŸ“Š Avg. % of fund
2.99%
πŸ“… First filed
2023 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
9

Position Intelligence

Steele Capital Management, Inc. Γ— FNDA AI Analytics

πŸ“‰ Steele Capital Management, Inc. underperformed the S&P 500 by –9.2% annually on this FNDA position. Timing score: 43% (3/7 decisions correct). Average cost basis: $29.32. Maximum drawdown during holding period: –7.6%.

πŸ“ˆ Position Alpha vs SPY
-9.2%
annualised excess return

❌ Significantly underperformed the S&P 500 by 9.2% ann.
7 quarters analyzed

⏱️ Timing Score
43%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
3 of 7 add/trim decisions correct

πŸ’° Entry Quality
$29.32
+7.5% vs current ($31.51)

Best entry: $26.88 (2024 Q2)  Β·  Worst: $31.51 (2025 Q4)

πŸ›‘οΈ Drawdown Resilience
–7.6%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
78%
buy-side decisions

7 adds Β· 2 trims. Bought during 2 of 2 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 2.77% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FNDA price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 9 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 2,047,126 +81,671 +4.2% 2.77% $64.5M $31.51
2025 Q3 REDUCED 1,965,455 -74,446 -3.6% 2.72% $61.2M $31.01
2025 Q2 REDUCED 2,039,901 -46,420 -2.2% 2.80% $58.4M $28.42
2025 Q1 ADDED 2,086,321 +22,641 +1.1% 2.97% $57.1M $27.10
2024 Q4 ADDED 2,063,680 +1,061,299 +105.9% 3.19% $61.3M $29.33
2024 Q3 ADDED 1,002,381 +26,525 +2.7% 3.12% $59.7M $29.26
2024 Q2 ADDED 975,856 +33,766 +3.6% 3.00% $53.8M $26.88
2024 Q1 ADDED 942,090 +32,635 +3.6% 3.09% $53.7M $27.80
2023 Q4 INITIATED 909,455 β€” β€” 3.28% $50.3M β€”

🏒 Other funds also holding FNDA

As of 2025 Q4 β€” sorted by position size

Prairiewood Capital, LLC 3Y 19.47% Wealth Forward, LLC 10.46% Solitude Financial Services 3Y 10.38% MOLLER WEALTH PARTNERS 3Y 7Y 8.03% Riverpoint Wealth Management Holdings, LLC 3Y 7Y 7.73% Shore Point Advisors, LLC 3Y 6.41% WADDELL & ASSOCIATES, LLC 3Y 6.0% Sound Stewardship, LLC 4.55% Ironwood Investment Counsel, LLC 3Y 7Y 4.35% Seven Springs Wealth Group, LLC 3Y 4.23%
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