Fisher Asset Management Boosts Stake in Charles Schwab

The institutional investor increased its holdings in the financial services provider by 1.3% in the third quarter.

Published on Mar. 2, 2026

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Fisher Asset Management LLC grew its holdings in The Charles Schwab Corporation by 1.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor now owns 21,646,588 shares of the financial services provider's stock, worth approximately $2.07 billion.

Why it matters

This increase in Fisher Asset Management's stake in Charles Schwab reflects the firm's confidence in the financial services company's long-term prospects. As one of Schwab's largest institutional investors, Fisher's move could signal broader investor optimism around the stock.

The details

According to the filing, Fisher Asset Management acquired an additional 269,898 shares of Charles Schwab during the third quarter. The firm now owns about 1.22% of the company's outstanding shares. The increased investment comes as Charles Schwab has been navigating a shifting financial landscape, including concerns around the impact of artificial intelligence on the industry.

  • Fisher Asset Management filed the 13F report for the third quarter of 2026.

The players

Fisher Asset Management LLC

An institutional investment firm that manages over $200 billion in assets.

The Charles Schwab Corporation

A major financial services company that provides brokerage, banking, and wealth management services to individual and institutional clients.

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The takeaway

Fisher Asset Management's increased stake in Charles Schwab suggests the firm sees long-term value in the financial services provider, even as the industry navigates challenges like the rise of AI. This move could signal broader investor confidence in Schwab's ability to adapt and thrive in a changing market.