Vault-13

SCHWAB STRATEGIC TR SCHB

US BRD MKT ETF · ETP · CUSIP 808524102

951 institutional holders +23 vs Q1 2023
149,751,419149.8m shares reported held*
$7.7bnreported value*
48 new 365 added 355 reduced 28 sold out net sold ≈ $18.9m (-227.9k 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 ($2.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.65. Options: 4 managers hold calls ($12.4m notional), 3 hold puts ($1.8m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 862Q4 22: 934Q1 23: 928Q2 23: 951951Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022862
Q4 2022934
Q1 2023928
Q2 2023951

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 23Q2 23: 413 bought or addedQ2 23: 383 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022423354
Q1 2023414409
Q2 2023413383

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 0.14Q2 23 calls: $12.4mQ2 23 puts: $1.8mQ2 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
Q2 2023$12.4m$1.8m0.14

Biggest buyers

REBALANCE, LLC Added +601,199+601.2k
Savant Capital, LLC Added +346,035+346.0k
HENGEHOLD CAPITAL MANAGEMENT LLC Added +345,251+345.3k
STIFEL FINANCIAL CORP Added +186,550+186.6k
IFP Advisors, Inc Added +137,894+137.9k
Morton Brown Family Wealth, LLC Added +124,417+124.4k
Prime Capital Investment Advisors, LLC Added +120,709+120.7k
Second Half Financial Partners, LLC New +111,125+111.1k
Forvis Mazars Wealth Advisors, LLC Added +107,952+108.0k
Compass Financial Group, INC/SD Added +96,439+96.4k

Biggest sellers

Wealthfront Advisers LLC Reduced -1,478,296-1.5m
AE Wealth Management LLC Reduced -306,601-306.6k
Betterment LLC Reduced -215,517-215.5k
Evensky & Katz LLC Reduced -152,245-152.2k
SCS Capital Management LLC Reduced -147,101-147.1k
FMR LLC Reduced -124,452-124.5k
BROWN ADVISORY INC Reduced -101,518-101.5k
J.P. Morgan Private Wealth Advisors LLC Reduced -91,514-91.5k
CITADEL ADVISORS LLC Reduced -91,288-91.3k
Successful Portfolios LLC Reduced -83,344-83.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $9.9m191.3k shares
CITADEL ADVISORS LLC Added $2.5m49.0k shares
Cutler Group LLC / CA Added $1.0k1.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.5m29.4k shares
CITADEL ADVISORS LLC Reduced $274.0k5.3k shares
Cutler Group LLC / CA Added $03.1k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wealthfront Advisers LLC 5.35% of their portfolio Palo Alto, CA 24,392,00524.4m $1.3bn $1.3bn 5.35% Reduced -1.5m -1,478,296
2 Betterment LLC 1.11% of their portfolio NEW YORK, NY 6,898,8806.9m $356.7m $356.7m 1.11% Reduced -215.5k -215,517
3 SCS Capital Management LLC 5.49% of their portfolio BOSTON, MA 4,319,1474.3m $223.3m $223.3m 5.49% Reduced -147.1k -147,101
4 Evensky & Katz LLC 14.78% of their portfolio CORAL GABLES, FL 3,769,8763.8m $194.9m $194.9m 14.78% Reduced -152.2k -152,245
5 REBALANCE, LLC 17.57% of their portfolio PALO ALTO, CA 3,584,3893.6m $185.3m $185.3m 17.57% Added +601.2k +601,199
6 HENGEHOLD CAPITAL MANAGEMENT LLC 19.00% of their portfolio CINCINNATI, OH 2,769,0132.8m $143.2m $143.2m 19.00% Added +345.3k +345,251
7 Strid Group, LLC 25.98% of their portfolio NEWTOWN SQUARE, PA 2,445,1182.4m $126.4m $126.4m 25.98% Added +12.3k +12,277
8 HB Wealth Management, LLC 1.97% of their portfolio Atlanta, GA 2,388,2312.4m $123.5m $123.5m 1.97% Reduced -38.6k -38,635
9 HT Partners LLC 34.43% of their portfolio CENTERBROOK, CT 2,313,0202.3m $119.6m $119.6m 34.43% Reduced -4.1k -4,070
10 Retirement Planning Group, LLC 11.24% of their portfolio LEAWOOD, KS 2,178,3822.2m $112.6m $112.6m 11.24% Reduced -17.2k -17,198
11 Evergreen Advisors, LLC 39.10% of their portfolio CHATTANOOGA, TN 2,139,9692.1m $110.6m $110.6m 39.10% Added +11.1k +11,119
12 Callan Capital, LLC 11.96% of their portfolio LA JOLLA, CA 2,091,7102.1m $108.1m $108.1m 11.96% Reduced -81.5k -81,515
13 Bouchey Financial Group, Ltd. 12.93% of their portfolio TROY, NY 2,067,5792.1m $106.9m $106.9m 12.93% Added +45.4k +45,449
14 Hanson & Doremus Investment Management 19.31% of their portfolio BURLINGTON, VT 1,795,3221.8m $92.8m $92.8m 19.31% Added +36.4k +36,412
15 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 1,635,5331.6m $84.6m $84.6m 0.04% Reduced -22.8k -22,834
16 FFT WEALTH MANAGEMENT LLC 10.20% of their portfolio PHILADELPHIA, PA 1,587,3541.6m $82.1m $82.1m 10.20% Added +5.3k +5,278
17 Forvis Mazars Wealth Advisors, LLC 2.38% of their portfolio Springfield, MO 1,572,0971.6m $81.3m $81.3m 2.38% Added +108.0k +107,952
18 LGL PARTNERS, LLC 13.54% of their portfolio PHILADELPHIA, PA 1,531,7101.5m $79.2m $79.2m 13.54% Added +5.6k +5,609
19 HHM Wealth Advisors, LLC 14.56% of their portfolio CHATTANOOGA, TN 1,501,6491.5m $77.6m $77.6m 14.56% Added +22.8k +22,831
20 Summit Financial Strategies, Inc. 13.42% of their portfolio Columbus, OH 1,392,1131.4m $72.0m $72.0m 13.42% Added +2.1k +2,061
21 Mariner, LLC 0.17% of their portfolio Overland Park, KS 1,219,1531.2m $63.0m $63.0m 0.17% Reduced -43.3k -43,318
22 CAPTRUST FINANCIAL ADVISORS 0.23% of their portfolio RALEIGH, NC 1,117,3291.1m $57.8m $57.8m 0.23% Reduced -7.3k -7,340
23 Ballentine Partners, LLC 1.32% of their portfolio Waltham, MA 1,111,9841.1m $57.5m $57.5m 1.32% Reduced -11.6k -11,619
24 HBK Sorce Advisory LLC 2.32% of their portfolio ERIE, PA 1,061,3841.1m $54.9m $54.9m 2.32% Reduced -43.9k -43,888
25 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 1,042,8021.0m $53.9m $53.9m 0.11% Added +21.2k +21,191
26 Circle Wealth Management, LLC 6.94% of their portfolio SUMMIT, NJ 1,014,9351.0m $52.5m $52.5m 6.94% Added +967 +967
27 Asset Advisors Investment Management, LLC 6.43% of their portfolio AUGUSTA, GA 976,744976.7k $50.5m $50.5m 6.43% Reduced -8.5k -8,452
28 Socha Financial Group, LLC 25.87% of their portfolio CORNING, NY 949,349949.3k $49.1m $49.1m 25.87% Added +43.2k +43,184
29 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 943,383943.4k $48.8m $48.8m 0.01% Reduced -82.6k -82,576
30 Accredited Investors Inc. 3.43% of their portfolio EDINA, MN 932,140932.1k $48.2m $48.2m 3.43% Added +37.2k +37,167
31 Morton Brown Family Wealth, LLC 25.39% of their portfolio ALLENTOWN, PA 919,725919.7k $47.5m $47.5m 25.39% Added +124.4k +124,417
32 MERCER GLOBAL ADVISORS INC /ADV 0.19% of their portfolio DENVER, CO 909,775909.8k $47.0m $47.0m 0.19% Reduced -49.3k -49,330
33 NORTH STAR ASSET MANAGEMENT INC 2.58% of their portfolio NEENAH, WI 903,724903.7k $46.7m $46.7m 2.58% Added +24.8k +24,848
34 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.29% of their portfolio MINNEAPOLIS, MN 892,161892.2k $46.1m $46.1m 1.29% Reduced -3.2k -3,221
35 NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio MONTREAL, A8 857,250857.2k $44.3m $44.3m 0.09% Reduced -18.9k -18,876
36 AGILIS PARTNERS LLC 17.30% of their portfolio WALTHAM, MA 856,473856.5k $44.3m $44.3m 17.30% Reduced -553 -553
37 BROWN ADVISORY INC 0.07% of their portfolio BALTIMORE, MD 831,861831.9k $43.0m $43.0m 0.07% Reduced -101.5k -101,518
38 MANCHESTER FINANCIAL INC 11.78% of their portfolio Westlake Village, CA 802,765802.8k $41.5m $41.5m 11.78% Added +5.4k +5,357
39 Caprock Group, LLC 2.98% of their portfolio BOISE, ID 784,268784.3k $40.5m $40.5m 2.98% Reduced -15.7k -15,690
40 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 761,289761.3k $39.4m $39.4m 0.00% Added +58.2k +58,242
41 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 758,991759.0k $39.2m $39.2m 0.01% Reduced -40.5k -40,502
42 Members Advisory Group LLC 23.85% of their portfolio WILLIAMSVILLE, NY 739,909739.9k $38.3m $38.3m 23.85% Added +9.5k +9,507
43 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 707,774707.8k $36.6m $36.6m 0.05% Reduced -1.9k -1,880
44 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 672,215672.2k $34.8m $34.8m 0.06% Added +16.4k +16,390
45 MYECFO, LLC 24.46% of their portfolio La Jolla, CA 650,982651.0k $33.7m $33.7m 24.46% Reduced -20.9k -20,916
46 Bluespring Wealth Management, LLC 4.22% of their portfolio AUSTIN, TX 626,212626.2k $32.4m $32.4m 4.22% Reduced -9.9k -9,894
47 Morningstar Investment Services LLC 0.41% of their portfolio CHICAGO, IL 621,789621.8k $31.8m $31.8m 0.41% Added +50.2k +50,166
48 Focus Financial Network, Inc. 1.73% of their portfolio MINNEAPOLIS, MN 604,086604.1k $31.2m $31.2m 1.73% Added +19.8k +19,763
49 Savant Capital, LLC 0.48% of their portfolio ROCKFORD, IL 593,444593.4k $30.7m $30.7m 0.48% Added +346.0k +346,035
50 PINKERTON WEALTH, LLC 5.89% of their portfolio COEUR D ALENE, ID 576,872576.9k $29.8m $29.8m 5.89% Added +1.4k +1,381
51 FIRST NATIONAL CORP /MA/ /ADV 6.99% of their portfolio ROCKLAND, MA 569,236569.2k $29.4m $29.4m 6.99% Added +41.0k +40,978
52 SYM FINANCIAL Corp 5.69% of their portfolio WINONA LAKE, IN 543,471543.5k $28.1m $28.1m 5.69% Added +233 +233
53 WBH ADVISORY INC 3.26% of their portfolio BALTIMORE, MD 532,247532.2k $27.5m $27.5m 3.26% Added +4.6k +4,643
54 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 2.31% of their portfolio KNOXVILLE, TN 530,133530.1k $27.4m $27.4m 2.31% Reduced -7.6k -7,623
55 J.P. Morgan Private Wealth Advisors LLC 0.14% of their portfolio SAN FRANCISCO, CA 524,825524.8k $27.1m $27.1m 0.14% Reduced -91.5k -91,514
56 Legacy Financial Strategies, LLC 8.99% of their portfolio OVERLAND PARK, KS 520,231520.2k $26.9m $26.9m 8.99% Added +9.0k +9,031
57 Cape Investment Advisory, Inc. 14.98% of their portfolio MCDONOUGH, GA 518,857518.9k $26.8m $26.8m 14.98% Added +524 +524
58 Buckingham Capital Management, Inc. 3.99% of their portfolio DAYTON, OH 518,424518.4k $26.8m $26.8m 3.99% Added +2.7k +2,684
59 Financial Architects, Inc 4.02% of their portfolio MARLTON, NJ 514,526514.5k $26.6m $26.6m 4.02% Added +2.8k +2,769
60 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 503,305503.3k $26.0m $26.0m 0.05% Reduced -46.6k -46,603
61 Legacy Private Trust Co. 2.07% of their portfolio NEENAH, WI 483,972484.0k $25.0m $25.0m 2.07% Added +17.5k +17,546
62 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.14% of their portfolio IRVING, TX 480,515480.5k $24.8m $24.8m 0.14% Reduced -25.3k -25,296
63 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 474,129474.1k $24.5m $24.5m 0.02% Added +360 +360
64 D L CARLSON INVESTMENT GROUP INC 4.68% of their portfolio CONCORD, NH 473,542473.5k $24.5m $24.5m 4.68% Added +35.1k +35,066
65 AE Wealth Management LLC 0.14% of their portfolio TOPEKA, KS 464,789464.8k $24.0m $24.0m 0.14% Reduced -306.6k -306,601
66 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 450,773450.8k $23.3m $23.3m 0.01% Added +7.9k +7,885
67 Bartlett & Co. LLC 0.39% of their portfolio CINCINNATI, OH 439,441439.4k $22.7m $22.7m 0.39% Reduced -6.3k -6,268
68 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.39% of their portfolio CINCINNATI, OH 439,441439.4k $22.7m $22.7m 0.39% Reduced -6.3k -6,268
69 Truepoint, Inc. 0.72% of their portfolio CINCINNATI, OH 418,586418.6k $21.6m $21.6m 0.72% Reduced -281 -281
70 JUNCTURE WEALTH STRATEGIES, LLC 9.96% of their portfolio SCOTTSDALE, AZ 411,470411.5k $21.3m $21.3m 9.96% Reduced -10.4k -10,359
71 Jaffetilchin Investment Partners, LLC 2.20% of their portfolio TAMPA, FL 402,845402.8k $20.8m $20.8m 2.20% Added +25.1k +25,124
72 UBS Group AG 0.01% of their portfolio ZURICH, V8 393,778393.8k $20.4m $20.4m 0.01% Reduced -10.1k -10,072
73 Pegasus Asset Management, Inc. 8.96% of their portfolio MORRISTOWN, NJ 389,238389.2k $20.1m $20.1m 8.96% Added +1.2k +1,154
74 Ethos Financial Group, LLC 6.18% of their portfolio KING OF PRUSSIA, PA 382,724382.7k $18.3m $18.3m 6.18% Unchanged
75 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.36% of their portfolio ROCHESTER, NY 371,617371.6k $19.2m $19.2m 1.36% Reduced -12.6k -12,584
76 American Investment Services, Inc. 3.84% of their portfolio GREAT BARRINGTON, MA 366,879366.9k $19.0m $19.0m 3.84% Added +6 +6
77 Winthrop Advisory Group LLC 3.03% of their portfolio BOSTON, MA 365,971366.0k $18.9m $18.9m 3.03% Added +8.4k +8,425
78 Sunburst Financial Group, LLC 6.57% of their portfolio VESTAVIA HILLS, AL 364,120364.1k $18.8m $18.8m 6.57% Reduced -3.2k -3,180
79 Strategic Advisors LLC 3.56% of their portfolio New York, NY 361,748361.7k $18.7m $18.7m 3.56% Reduced -62.3k -62,280
80 Compass Financial Group, INC/SD 5.45% of their portfolio Sioux Falls, SD 354,391354.4k $18.3m $18.3m 5.45% Added +96.4k +96,439
81 Goepper Burkhardt LLC 11.00% of their portfolio GREENVILLE, SC 352,557352.6k $18.2m $18.2m 11.00% Added +702 +702
82 Cerity Partners LLC 0.07% of their portfolio NEW YORK, NY 348,321348.3k $18.0m $18.0m 0.07% Added +13.4k +13,375
83 WT Wealth Management 7.36% of their portfolio SCOTTSDALE, AZ 343,152343.2k $17.7m $17.7m 7.36% Added +89.6k +89,555
84 OGOREK ANTHONY JOSEPH /NY/ /ADV 6.79% of their portfolio WILLIAMSVILLE, NY 342,985343.0k $17.7m $17.7m 6.79% Added +39.5k +39,457
85 Avior Wealth Management, LLC 1.14% of their portfolio OMAHA, NE 339,707339.7k $17.6m $17.6m 1.14% Added +435 +435
86 Madden Advisory Services, Inc. 11.37% of their portfolio Jacksonville, FL 339,699339.7k $17.6m $17.6m 11.37% Reduced -8.5k -8,512
87 Gemmer Asset Management LLC 2.36% of their portfolio WALNUT CREEK, CA 336,146336.1k $17.4m $17.4m 2.36% Reduced -3.9k -3,867
88 Meridian Wealth Partners, LLC 3.52% of their portfolio EXTON, PA 331,276331.3k $17.1m $17.1m 3.52% Added +16.0k +15,991
89 Transform Wealth, LLC 1.53% of their portfolio GREENWOOD VILLAGE, CO 329,173329.2k $17.0m $17.0m 1.53% Reduced -529 -529
90 Strategic Financial Planning, Inc. 14.60% of their portfolio PLANO, TX 318,892318.9k $16.5m $16.5m 14.60% Reduced -6.7k -6,681
91 Great Lakes Retirement, Inc. 2.91% of their portfolio SANDUSKY, OH 318,880318.9k $16.5m $16.5m 2.91% Reduced -4.3k -4,334
92 Nalls Sherbakoff Group, LLC 15.18% of their portfolio KNOXVILLE, TN 317,973318.0k $15.5m $15.5m 15.18% Added +11.4k +11,446
93 Carlton Hofferkamp & Jenks Wealth Management, LLC 7.21% of their portfolio THE WOODLANDS, TX 313,522313.5k $16.4m $16.4m 7.21% Added +973 +973
94 MARSHALL FINANCIAL GROUP INC /ADV 6.16% of their portfolio DOYLESTOWN, PA 310,983311.0k $16.1m $16.1m 6.16% Reduced -1.7k -1,701
95 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 299,427299.4k $15.5m $15.5m 0.07% Added +12.0k +11,964
96 IFP Advisors, Inc 0.38% of their portfolio TAMPA, FL 295,208295.2k $17.4m $17.4m 0.38% Added +137.9k +137,894
97 Shilanski & Associates, Inc. 6.06% of their portfolio ANCHORAGE, AK 289,513289.5k $15.0m $15.0m 6.06% Added +12.0k +12,012
98 Column Capital Advisors, LLC 2.10% of their portfolio INDIANAPOLIS, IN 288,473288.5k $14.9m $14.9m 2.10% Added +18 +18
99 Roble, Belko & Company, Inc 2.90% of their portfolio SEWICKLEY, PA 283,075283.1k $14.6m $14.6m 2.90% Reduced -51.6k -51,603
100 IMA Advisory Services, Inc. 3.75% of their portfolio DENVER, CO 282,311282.3k $14.6m $14.6m 3.75% Added +4.4k +4,396