Vault-13

SCHWAB STRATEGIC TR SCHB

US BRD MKT ETF · ETP · CUSIP 808524102

928 institutional holders -6 vs Q4 2022
150,189,096150.2m shares reported held*
$7.2bnreported value*
45 new 369 added 364 reduced 45 sold out net sold ≈ $399.9m (-8.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.00. Options: 5 managers hold calls ($12.7m notional), 3 hold puts ($1.8m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 862Q4 22: 934Q1 23: 928928Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022862
Q4 2022934
Q1 2023928

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
5000500Q4 22: 423 bought or addedQ4 22: 354 cut or sold outQ4 22Q1 23: 414 bought or addedQ1 23: 409 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022423354
Q1 2023414409

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15mQ3 22 calls: $8.1mQ3 22 puts: $1.4mQ3 22P/C 0.17Q4 22 calls: $10.7mQ4 22 puts: $3.1mQ4 22P/C 0.29Q1 23 calls: $12.7mQ1 23 puts: $1.8mQ1 23P/C 0.14
Numbers
QuarterCallsPutsP/C
Q3 2022$8.1m$1.4m0.17
Q4 2022$10.7m$3.1m0.29
Q1 2023$12.7m$1.8m0.14

Biggest buyers

Transform Wealth, LLC Added +196,910+196.9k
HENGEHOLD CAPITAL MANAGEMENT LLC Added +191,944+191.9k
Accredited Investors Inc. Added +156,738+156.7k
Lido Advisors, LLC Added +129,815+129.8k
Compass Financial Group, INC/SD Added +122,471+122.5k
FMR LLC Added +116,756+116.8k
GOLDMAN SACHS GROUP INC Added +110,960+111.0k
Morton Brown Family Wealth, LLC Added +102,625+102.6k
NorthCoast Asset Management LLC New +99,780+99.8k
Freedom Investment Management, Inc. New +95,975+96.0k

Biggest sellers

Wealthfront Advisers LLC Reduced -5,224,245-5.2m
HBK Sorce Advisory LLC Reduced -1,041,786-1.0m
Pasadena Private Wealth, LLC Sold out -475,591-475.6k
Belpointe Asset Management LLC Reduced -409,572-409.6k
BANK OF AMERICA CORP /DE/ Reduced -367,641-367.6k
SCS Capital Management LLC Reduced -344,617-344.6k
EWG Elevate Inc. Reduced -324,059-324.1k
JUNCTURE WEALTH STRATEGIES, LLC Reduced -314,671-314.7k
HB Wealth Management, LLC Reduced -298,294-298.3k
Wealth CMT Sold out -160,821-160.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.6m222.0k shares
CITADEL ADVISORS LLC Reduced $2.0m42.2k shares
GROUP ONE TRADING LLC Added $33.5k700 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Reduced $01.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.3m26.8k shares
CITADEL ADVISORS LLC Added $512.0k10.7k shares
Cutler Group LLC / CA New $4.0k3.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wealthfront Advisers LLC 5.63% of their portfolio Palo Alto, CA 25,870,30125.9m $1.2bn $1.2bn 5.63% Reduced -5.2m -5,224,245
2 Betterment LLC 1.10% of their portfolio NEW YORK, NY 7,114,3977.1m $340.4m $340.4m 1.10% Reduced -127.0k -126,967
3 SCS Capital Management LLC 6.29% of their portfolio BOSTON, MA 4,466,2484.5m $213.7m $213.7m 6.29% Reduced -344.6k -344,617
4 Evensky & Katz LLC 15.15% of their portfolio CORAL GABLES, FL 3,922,1213.9m $187.7m $187.7m 15.15% Reduced -430 -430
5 REBALANCE, LLC 14.11% of their portfolio PALO ALTO, CA 2,983,1903.0m $142.7m $142.7m 14.11% Added +35.2k +35,169
6 Strid Group, LLC 25.70% of their portfolio NEWTOWN SQUARE, PA 2,432,8412.4m $116.4m $116.4m 25.70% Added +61.3k +61,342
7 HB Wealth Management, LLC 2.01% of their portfolio Atlanta, GA 2,426,8662.4m $116.1m $116.1m 2.01% Reduced -298.3k -298,294
8 HENGEHOLD CAPITAL MANAGEMENT LLC 15.95% of their portfolio CINCINNATI, OH 2,423,7622.4m $116.0m $116.0m 15.95% Added +191.9k +191,944
9 HT Partners LLC 32.74% of their portfolio CENTERBROOK, CT 2,317,0902.3m $110.9m $110.9m 32.74% Reduced -49.5k -49,451
10 Retirement Planning Group, LLC 11.19% of their portfolio LEAWOOD, KS 2,195,5802.2m $105.1m $105.1m 11.19% Added +34.2k +34,156
11 Callan Capital, LLC 12.04% of their portfolio LA JOLLA, CA 2,173,2252.2m $104.0m $104.0m 12.04% Added +38.1k +38,115
12 Evergreen Advisors, LLC 37.82% of their portfolio CHATTANOOGA, TN 2,128,8502.1m $101.9m $101.9m 37.82% Added +48.6k +48,598
13 Bouchey Financial Group, Ltd. 12.78% of their portfolio TROY, NY 2,022,1302.0m $96.8m $96.8m 12.78% Added +5.5k +5,471
14 Hanson & Doremus Investment Management 18.71% of their portfolio BURLINGTON, VT 1,758,9101.8m $84.2m $84.2m 18.71% Reduced -29.0k -28,964
15 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 1,658,3671.7m $79.4m $79.4m 0.04% Reduced -89.2k -89,203
16 FFT WEALTH MANAGEMENT LLC 9.40% of their portfolio PHILADELPHIA, PA 1,582,0761.6m $75.7m $75.7m 9.40% Added +35.0k +35,029
17 LGL PARTNERS, LLC 12.50% of their portfolio PHILADELPHIA, PA 1,526,1011.5m $73.0m $73.0m 12.50% Added +5.9k +5,901
18 HHM Wealth Advisors, LLC 14.45% of their portfolio CHATTANOOGA, TN 1,478,8181.5m $70.8m $70.8m 14.45% Reduced -42.7k -42,735
19 Forvis Mazars Wealth Advisors, LLC 2.29% of their portfolio Springfield, MO 1,464,1451.5m $70.1m $70.1m 2.29% Added +82.6k +82,591
20 Summit Financial Strategies, Inc. 13.10% of their portfolio Columbus, OH 1,390,0521.4m $66.5m $66.5m 13.10% Added +22.2k +22,226
21 Mariner, LLC 0.18% of their portfolio Overland Park, KS 1,262,4711.3m $60.4m $60.4m 0.18% Reduced -35.5k -35,461
22 CAPTRUST FINANCIAL ADVISORS 0.24% of their portfolio RALEIGH, NC 1,124,6691.1m $53.8m $53.8m 0.24% Added +74.5k +74,528
23 Ballentine Partners, LLC 1.35% of their portfolio Waltham, MA 1,123,6031.1m $53.8m $53.8m 1.35% Reduced -16.9k -16,933
24 HBK Sorce Advisory LLC 2.40% of their portfolio ERIE, PA 1,105,2721.1m $52.9m $52.9m 2.40% Reduced -1.0m -1,041,786
25 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,025,9591.0m $49.1m $49.1m 0.01% Reduced -367.6k -367,641
26 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 1,021,6111.0m $48.9m $48.9m 0.11% Added +11.6k +11,592
27 Circle Wealth Management, LLC 7.02% of their portfolio SUMMIT, NJ 1,013,9681.0m $48.5m $48.5m 7.02% Reduced -14.2k -14,159
28 Asset Advisors Investment Management, LLC 6.17% of their portfolio AUGUSTA, GA 985,196985.2k $47.1m $47.1m 6.17% Reduced -11.5k -11,498
29 MERCER GLOBAL ADVISORS INC /ADV 0.21% of their portfolio DENVER, CO 959,105959.1k $45.9m $45.9m 0.21% Reduced -129.4k -129,359
30 BROWN ADVISORY INC 0.08% of their portfolio BALTIMORE, MD 933,379933.4k $44.7m $44.7m 0.08% Reduced -22.0k -22,025
31 Socha Financial Group, LLC 27.99% of their portfolio CORNING, NY 906,165906.2k $43.4m $43.4m 27.99% Added +6.2k +6,210
32 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.26% of their portfolio MINNEAPOLIS, MN 895,382895.4k $42.8m $42.8m 1.26% Reduced -72.3k -72,282
33 Accredited Investors Inc. 3.25% of their portfolio EDINA, MN 894,973895.0k $42.8m $42.8m 3.25% Added +156.7k +156,738
34 NORTH STAR ASSET MANAGEMENT INC 2.47% of their portfolio NEENAH, WI 878,876878.9k $42.1m $42.1m 2.47% Reduced -412 -412
35 NATIONAL BANK OF CANADA /FI/ 0.11% of their portfolio MONTREAL, A8 876,126876.1k $41.9m $41.9m 0.11% Reduced -143.9k -143,906
36 AGILIS PARTNERS LLC 18.13% of their portfolio WALTHAM, MA 857,026857.0k $41.0m $41.0m 18.13% Added +179 +179
37 Caprock Group, LLC 2.97% of their portfolio BOISE, ID 799,958800.0k $38.3m $38.3m 2.97% Added +16.7k +16,669
38 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 799,493799.5k $38.3m $38.3m 0.01% Added +44.5k +44,547
39 MANCHESTER FINANCIAL INC 11.05% of their portfolio Westlake Village, CA 797,408797.4k $38.2m $38.2m 11.05% Added +9.0k +8,961
40 Morton Brown Family Wealth, LLC 22.69% of their portfolio ALLENTOWN, PA 795,308795.3k $38.1m $38.1m 22.69% Added +102.6k +102,625
41 AE Wealth Management LLC 0.24% of their portfolio TOPEKA, KS 771,390771.4k $36.9m $36.9m 0.24% Reduced -56.4k -56,368
42 Members Advisory Group LLC 22.58% of their portfolio WILLIAMSVILLE, NY 730,402730.4k $34.9m $34.9m 22.58% Added +1.1k +1,134
43 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 709,654709.7k $34.0m $34.0m 0.05% Reduced -29.9k -29,895
44 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 703,047703.0k $33.6m $33.6m 0.00% Reduced -72.3k -72,285
45 MYECFO, LLC 24.11% of their portfolio La Jolla, CA 671,898671.9k $32.2m $32.2m 24.11% Added +30.2k +30,155
46 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 655,825655.8k $31.4m $31.4m 0.05% Added +18.6k +18,579
47 Bluespring Wealth Management, LLC 4.00% of their portfolio AUSTIN, TX 636,106636.1k $30.4m $30.4m 4.00% Reduced -8.2k -8,162
48 J.P. Morgan Private Wealth Advisors LLC 0.06% of their portfolio SAN FRANCISCO, CA 616,339616.3k $29.5m $29.5m 0.06% Reduced -21.4k -21,383
49 Focus Financial Network, Inc. 1.74% of their portfolio MINNEAPOLIS, MN 584,323584.3k $28.0m $28.0m 1.74% Reduced -129.6k -129,588
50 PINKERTON WEALTH, LLC 5.15% of their portfolio COEUR D ALENE, ID 575,491575.5k $27.5m $27.5m 5.15% Reduced -796 -796
51 Morningstar Investment Services LLC 0.36% of their portfolio CHICAGO, IL 571,623571.6k $26.9m $26.9m 0.36% Added +30.2k +30,202
52 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 549,908549.9k $26.3m $26.3m 0.05% Added +23.8k +23,756
53 SYM FINANCIAL Corp 5.74% of their portfolio WINONA LAKE, IN 543,238543.2k $26.0m $26.0m 5.74% Reduced -3.3k -3,262
54 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 2.27% of their portfolio KNOXVILLE, TN 537,756537.8k $25.7m $25.7m 2.27% Reduced -36.5k -36,536
55 FIRST NATIONAL CORP /MA/ /ADV 6.01% of their portfolio ROCKLAND, MA 528,258528.3k $25.3m $25.3m 6.01% Added +74.1k +74,136
56 WBH ADVISORY INC 3.15% of their portfolio BALTIMORE, MD 527,604527.6k $25.2m $25.2m 3.15% First filing
57 Cape Investment Advisory, Inc. 15.11% of their portfolio MCDONOUGH, GA 518,333518.3k $24.8m $24.8m 15.11% First filing
58 Buckingham Capital Management, Inc. 3.95% of their portfolio DAYTON, OH 515,740515.7k $24.7m $24.7m 3.95% Added +17.6k +17,601
59 Financial Architects, Inc 3.93% of their portfolio MARLTON, NJ 511,757511.8k $24.5m $24.5m 3.93% Reduced -7.0k -7,018
60 Legacy Financial Strategies, LLC 9.07% of their portfolio OVERLAND PARK, KS 511,200511.2k $24.5m $24.5m 9.07% Added +14.4k +14,422
61 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.14% of their portfolio IRVING, TX 505,811505.8k $24.2m $24.2m 0.14% Reduced -14.6k -14,570
62 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 473,769473.8k $22.7m $22.7m 0.02% Reduced -105.8k -105,833
63 Legacy Private Trust Co. 1.90% of their portfolio NEENAH, WI 466,426466.4k $22.3m $22.3m 1.90% Reduced -22.6k -22,597
64 Bartlett & Co. LLC 0.41% of their portfolio CINCINNATI, OH 445,709445.7k $21.3m $21.3m 0.41% Added +1.0k +1,046
65 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.41% of their portfolio CINCINNATI, OH 445,709445.7k $21.3m $21.3m 0.41% Added +1.0k +1,046
66 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 442,888442.9k $21.2m $21.2m 0.01% Reduced -30.5k -30,477
67 D L CARLSON INVESTMENT GROUP INC 4.76% of their portfolio CONCORD, NH 438,476438.5k $21.0m $21.0m 4.76% Added +9.5k +9,549
68 Strategic Advisors LLC 4.11% of their portfolio New York, NY 424,028424.0k $20.3m $20.3m 4.11% Reduced -5.2k -5,189
69 JUNCTURE WEALTH STRATEGIES, LLC 9.95% of their portfolio SCOTTSDALE, AZ 421,829421.8k $20.2m $20.2m 9.95% Reduced -314.7k -314,671
70 Truepoint, Inc. 0.69% of their portfolio CINCINNATI, OH 418,867418.9k $20.0m $20.0m 0.69% Reduced -25 -25
71 UBS Group AG 0.01% of their portfolio ZURICH, V8 403,850403.9k $19.3m $19.3m 0.01% Reduced -24.7k -24,714
72 Pegasus Asset Management, Inc. 9.20% of their portfolio MORRISTOWN, NJ 388,084388.1k $18.6m $18.6m 9.20% Added +3.8k +3,756
73 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.37% of their portfolio ROCHESTER, NY 384,201384.2k $18.4m $18.4m 1.37% Reduced -8.5k -8,461
74 Ethos Financial Group, LLC 5.70% of their portfolio KING OF PRUSSIA, PA 382,724382.7k $18.3m $18.3m 5.70% Added +64.5k +64,497
75 Jaffetilchin Investment Partners, LLC 2.05% of their portfolio TAMPA, FL 377,721377.7k $18.1m $18.1m 2.05% Added +64.0k +64,002
76 Sunburst Financial Group, LLC 6.48% of their portfolio VESTAVIA HILLS, AL 367,300367.3k $17.6m $17.6m 6.48% Added +7.7k +7,680
77 American Investment Services, Inc. 3.38% of their portfolio GREAT BARRINGTON, MA 366,873366.9k $16.4m $16.4m 3.38% Unchanged
78 Winthrop Advisory Group LLC 3.02% of their portfolio BOSTON, MA 357,546357.5k $17.1m $17.1m 3.02% Reduced -4.9k -4,913
79 Goepper Burkhardt LLC 11.02% of their portfolio GREENVILLE, SC 351,855351.9k $16.8m $16.8m 11.02% Added +11.1k +11,052
80 Madden Advisory Services, Inc. 11.70% of their portfolio Jacksonville, FL 348,211348.2k $16.7m $16.7m 11.70% Reduced -1.9k -1,940
81 Domani Wealth, LLC 3.86% of their portfolio YORK, PA 347,222347.2k $16.6m $16.6m 3.86% Reduced -817 -817
82 Gemmer Asset Management LLC 2.38% of their portfolio WALNUT CREEK, CA 340,013340.0k $16.3m $16.3m 2.38% Reduced -4.4k -4,369
83 Avior Wealth Management, LLC 1.11% of their portfolio OMAHA, NE 339,272339.3k $16.2m $16.2m 1.11% Added +3.1k +3,115
84 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 334,946334.9k $16.0m $16.0m 0.04% Reduced -83.3k -83,339
85 Roble, Belko & Company, Inc 3.27% of their portfolio SEWICKLEY, PA 334,678334.7k $16.0m $16.0m 3.27% Reduced -25.2k -25,238
86 Transform Wealth, LLC 1.49% of their portfolio GREENWOOD VILLAGE, CO 329,702329.7k $15.8m $15.8m 1.49% Added +196.9k +196,910
87 Strategic Financial Planning, Inc. 14.23% of their portfolio PLANO, TX 325,573325.6k $15.6m $15.6m 14.23% Added +6.3k +6,347
88 Great Lakes Retirement, Inc. 2.91% of their portfolio SANDUSKY, OH 323,214323.2k $15.5m $15.5m 2.91% Reduced -11.9k -11,897
89 Meridian Wealth Partners, LLC 3.28% of their portfolio EXTON, PA 315,285315.3k $15.1m $15.1m 3.28% Added +9.1k +9,126
90 MARSHALL FINANCIAL GROUP INC /ADV 6.08% of their portfolio DOYLESTOWN, PA 312,684312.7k $15.0m $15.0m 6.08% Reduced -13.2k -13,176
91 Carlton Hofferkamp & Jenks Wealth Management, LLC 6.85% of their portfolio THE WOODLANDS, TX 312,549312.5k $15.0m $15.0m 6.85% Reduced -12.5k -12,528
92 Nalls Sherbakoff Group, LLC 14.38% of their portfolio KNOXVILLE, TN 306,527306.5k $14.4m $14.4m 14.38% First filing
93 OGOREK ANTHONY JOSEPH /NY/ /ADV 5.94% of their portfolio WILLIAMSVILLE, NY 303,528303.5k $14.5m $14.5m 5.94% Added +9.0k +9,033
94 OneDigital Investment Advisors LLC 0.34% of their portfolio OVERLAND PARK, KS 301,434301.4k $14.4m $14.4m 0.34% Reduced -83.9k -83,922
95 Column Capital Advisors, LLC 2.06% of their portfolio INDIANAPOLIS, IN 288,455288.5k $13.8m $13.8m 2.06% Added +183 +183
96 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 287,463287.5k $13.8m $13.8m 0.07% Reduced -75.8k -75,816
97 IMA Advisory Services, Inc. 3.43% of their portfolio DENVER, CO 277,915277.9k $13.3m $13.3m 3.43% Added +7.1k +7,069
98 Shilanski & Associates, Inc. 5.92% of their portfolio ANCHORAGE, AK 277,501277.5k $13.2m $13.2m 5.92% Added +9.9k +9,931
99 Genesee Capital Advisors, LLC 9.35% of their portfolio AUBURN, NY 275,081275.1k $13.2m $13.2m 9.35% Reduced -490 -490
100 Ashford Advisors, LLC 4.21% of their portfolio PITTSFORD, NY 270,644270.6k $13.0m $13.0m 4.21% Unchanged