Vault-13

SCHWAB STRATEGIC TR SCHB

US BRD MKT ETF · ETP · CUSIP 808524102

947 institutional holders -4 vs Q2 2023
149,450,445149.5m shares reported held*
$7.5bnreported value*
46 new 371 added 358 reduced 52 sold out net sold ≈ $2.7m (-192.8k 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 ($10.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.86. Options: 4 managers hold calls ($11.7m notional), 3 hold puts ($1.1m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 862Q4 22: 934Q1 23: 928Q2 23: 951Q3 23: 947947Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022862
Q4 2022934
Q1 2023928
Q2 2023951
Q3 2023947

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 23Q3 23: 417 bought or addedQ3 23: 410 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022423354
Q1 2023414409
Q2 2023413383
Q3 2023417410

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ4 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 0.14Q3 23 calls: $11.7mQ3 23 puts: $1.1mQ3 23P/C 0.09
Numbers
QuarterCallsPutsP/C
Q4 2022$10.7m$3.1m0.29
Q1 2023$12.7m$1.8m0.14
Q2 2023$12.4m$1.8m0.14
Q3 2023$11.7m$1.1m0.09

Biggest buyers

HighTower Advisors, LLC Added +779,722+779.7k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +341,750+341.8k
CAPTRUST FINANCIAL ADVISORS Added +310,574+310.6k
HENGEHOLD CAPITAL MANAGEMENT LLC Added +216,561+216.6k
EVOKE WEALTH, LLC Added +202,954+203.0k
Sharkey, Howes & Javer Added +111,431+111.4k
MORGAN STANLEY Added +110,823+110.8k
Meridian Wealth Management, LLC Added +109,439+109.4k
D L CARLSON INVESTMENT GROUP INC Added +103,817+103.8k
Hanson & Doremus Investment Management Added +102,906+102.9k

Biggest sellers

Wealthfront Advisers LLC Reduced -787,155-787.2k
ENVESTNET ASSET MANAGEMENT INC Reduced -342,907-342.9k
Cerity Partners LLC Reduced -238,511-238.5k
Evensky & Katz LLC Reduced -207,237-207.2k
JUNCTURE WEALTH STRATEGIES, LLC Reduced -182,229-182.2k
Transform Wealth, LLC Reduced -164,716-164.7k
Betterment LLC Reduced -163,675-163.7k
IFP Advisors, Inc Reduced -146,008-146.0k
MERCER GLOBAL ADVISORS INC /ADV Reduced -125,079-125.1k
AE Wealth Management LLC Reduced -119,988-120.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.7m195.0k shares
CITADEL ADVISORS LLC Reduced $2.0m39.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Reduced $0600 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.0m20.9k shares
CITADEL ADVISORS LLC Reduced $64.8k1.3k shares
Cutler Group LLC / CA Unchanged $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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wealthfront Advisers LLC 5.07% of their portfolio Palo Alto, CA 23,604,85023.6m $1.2bn $1.2bn 5.07% Reduced -787.2k -787,155
2 Betterment LLC 1.06% of their portfolio NEW YORK, NY 6,735,2056.7m $335.8m $335.8m 1.06% Reduced -163.7k -163,675
3 SCS Capital Management LLC 5.62% of their portfolio BOSTON, MA 4,234,1714.2m $211.1m $211.1m 5.62% Reduced -85.0k -84,976
4 REBALANCE, LLC 17.50% of their portfolio PALO ALTO, CA 3,609,9873.6m $180.0m $180.0m 17.50% Added +25.6k +25,598
5 Evensky & Katz LLC 15.17% of their portfolio CORAL GABLES, FL 3,562,6393.6m $177.6m $177.6m 15.17% Reduced -207.2k -207,237
6 HENGEHOLD CAPITAL MANAGEMENT LLC 19.42% of their portfolio CINCINNATI, OH 2,985,5743.0m $148.8m $148.8m 19.42% Added +216.6k +216,561
7 Strid Group, LLC 25.55% of their portfolio NEWTOWN SQUARE, PA 2,452,0512.5m $122.2m $122.2m 25.55% Added +6.9k +6,933
8 HB Wealth Management, LLC 1.89% of their portfolio Atlanta, GA 2,344,9122.3m $116.9m $116.9m 1.89% Reduced -43.3k -43,319
9 HT Partners LLC 33.09% of their portfolio CENTERBROOK, CT 2,221,3482.2m $110.7m $110.7m 33.09% Reduced -91.7k -91,672
10 Evergreen Advisors, LLC 39.30% of their portfolio CHATTANOOGA, TN 2,185,1992.2m $108.9m $108.9m 39.30% Added +45.2k +45,230
11 Retirement Planning Group, LLC 11.45% of their portfolio LEAWOOD, KS 2,163,5492.2m $107.9m $107.9m 11.45% Reduced -14.8k -14,833
12 Bouchey Financial Group, Ltd. 13.17% of their portfolio TROY, NY 2,155,3692.2m $107.4m $107.4m 13.17% Added +87.8k +87,790
13 Callan Capital, LLC 11.11% of their portfolio LA JOLLA, CA 2,082,1842.1m $103.8m $103.8m 11.11% Reduced -9.5k -9,526
14 Hanson & Doremus Investment Management 19.53% of their portfolio BURLINGTON, VT 1,898,2281.9m $94.6m $94.6m 19.53% Added +102.9k +102,906
15 HighTower Advisors, LLC 0.17% of their portfolio CHICAGO, IL 1,822,5241.8m $90.8m $90.8m 0.17% Added +779.7k +779,722
16 Forvis Mazars Wealth Advisors, LLC 2.45% of their portfolio Springfield, MO 1,628,9761.6m $81.2m $81.2m 2.45% Added +56.9k +56,879
17 FFT WEALTH MANAGEMENT LLC 10.22% of their portfolio PHILADELPHIA, PA 1,593,2051.6m $79.4m $79.4m 10.22% Added +5.9k +5,851
18 LGL PARTNERS, LLC 13.44% of their portfolio PHILADELPHIA, PA 1,537,4971.5m $76.6m $76.6m 13.44% Added +5.8k +5,787
19 HHM Wealth Advisors, LLC 14.85% of their portfolio CHATTANOOGA, TN 1,525,0911.5m $76.0m $76.0m 14.85% Added +23.4k +23,442
20 CAPTRUST FINANCIAL ADVISORS 0.27% of their portfolio RALEIGH, NC 1,427,9031.4m $71.2m $71.2m 0.27% Added +310.6k +310,574
21 Summit Financial Strategies, Inc. 13.29% of their portfolio Columbus, OH 1,399,1331.4m $69.7m $69.7m 13.29% Added +7.0k +7,020
22 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,292,6261.3m $64.4m $64.4m 0.03% Reduced -342.9k -342,907
23 Mariner, LLC 0.17% of their portfolio Overland Park, KS 1,236,7661.2m $61.7m $61.7m 0.17% Added +17.6k +17,613
24 Ballentine Partners, LLC 1.29% of their portfolio Waltham, MA 1,104,4691.1m $55.1m $55.1m 1.29% Reduced -7.5k -7,515
25 HBK Sorce Advisory LLC 2.36% of their portfolio ERIE, PA 1,072,7681.1m $53.5m $53.5m 2.36% Added +11.4k +11,384
26 Circle Wealth Management, LLC 1.27% of their portfolio SUMMIT, NJ 1,025,1971.0m $51.1m $51.1m 1.27% Added +10.3k +10,262
27 Morton Brown Family Wealth, LLC 25.67% of their portfolio ALLENTOWN, PA 1,007,1641.0m $50.2m $50.2m 25.67% Added +87.4k +87,439
28 Socha Financial Group, LLC 26.40% of their portfolio CORNING, NY 995,743995.7k $49.6m $49.6m 26.40% Added +46.4k +46,394
29 Asset Advisors Investment Management, LLC 6.55% of their portfolio AUGUSTA, GA 976,457976.5k $48.7m $48.7m 6.55% Reduced -287 -287
30 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 957,996958.0k $47.8m $47.8m 0.01% Added +14.6k +14,613
31 Accredited Investors Inc. 3.46% of their portfolio EDINA, MN 924,555924.6k $46.1m $46.1m 3.46% Reduced -7.6k -7,585
32 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.28% of their portfolio MINNEAPOLIS, MN 916,702916.7k $45.7m $45.7m 1.28% Added +24.5k +24,541
33 NATIONAL BANK OF CANADA /FI/ 0.08% of their portfolio MONTREAL, A8 912,830912.8k $45.4m $45.4m 0.08% Added +55.6k +55,580
34 NORTH STAR ASSET MANAGEMENT INC 2.60% of their portfolio NEENAH, WI 908,611908.6k $45.3m $45.3m 2.60% Added +4.9k +4,887
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 872,112872.1k $43.5m $43.5m 0.00% Added +110.8k +110,823
36 AGILIS PARTNERS LLC 15.22% of their portfolio WALTHAM, MA 847,959848.0k $42.3m $42.3m 15.22% Reduced -8.5k -8,514
37 BROWN ADVISORY INC 0.07% of their portfolio BALTIMORE, MD 832,254832.3k $41.5m $41.5m 0.07% Added +393 +393
38 Caprock Group, LLC 2.97% of their portfolio BOISE, ID 786,532786.5k $39.2m $39.2m 2.97% Added +2.3k +2,264
39 MERCER GLOBAL ADVISORS INC /ADV 0.15% of their portfolio DENVER, CO 784,696784.7k $39.1m $39.1m 0.15% Reduced -125.1k -125,079
40 MANCHESTER FINANCIAL INC 11.47% of their portfolio Westlake Village, CA 782,737782.7k $39.0m $39.0m 11.47% Reduced -20.0k -20,028
41 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 750,229750.2k $37.4m $37.4m 0.01% Reduced -8.8k -8,762
42 Members Advisory Group LLC 24.08% of their portfolio WILLIAMSVILLE, NY 747,794747.8k $37.3m $37.3m 24.08% Added +7.9k +7,885
43 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 707,984708.0k $35.3m $35.3m 0.05% Added +210 +210
44 MYECFO, LLC 23.90% of their portfolio La Jolla, CA 690,115690.1k $34.5m $34.5m 23.90% Added +39.1k +39,133
45 Morningstar Investment Services LLC 0.43% of their portfolio CHICAGO, IL 664,824664.8k $33.2m $33.2m 0.43% Added +43.0k +43,035
46 Bluespring Wealth Management, LLC 4.25% of their portfolio AUSTIN, TX 646,278646.3k $32.2m $32.2m 4.25% Added +20.1k +20,066
47 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 619,195619.2k $30.9m $30.9m 0.05% Reduced -53.0k -53,020
48 Savant Capital, LLC 0.44% of their portfolio ROCKFORD, IL 591,034591.0k $29.5m $29.5m 0.44% Reduced -2.4k -2,410
49 Focus Financial Network, Inc. 1.66% of their portfolio MINNEAPOLIS, MN 589,741589.7k $29.4m $29.4m 1.66% Reduced -14.3k -14,345
50 D L CARLSON INVESTMENT GROUP INC 5.80% of their portfolio CONCORD, NH 577,359577.4k $28.8m $28.8m 5.80% Added +103.8k +103,817
51 Legacy Financial Strategies, LLC 9.31% of their portfolio OVERLAND PARK, KS 571,646571.6k $29.0m $29.0m 9.31% Added +51.4k +51,415
52 PINKERTON WEALTH, LLC 6.13% of their portfolio COEUR D ALENE, ID 566,057566.1k $28.2m $28.2m 6.13% Reduced -10.8k -10,815
53 SYM FINANCIAL Corp 4.80% of their portfolio WINONA LAKE, IN 543,050543.0k $27.1m $27.1m 4.80% Reduced -421 -421
54 WBH ADVISORY INC 3.32% of their portfolio BALTIMORE, MD 542,228542.2k $27.0m $27.0m 3.32% Added +10.0k +9,981
55 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 534,096534.1k $26.6m $26.6m 0.04% Added +30.8k +30,791
56 Buckingham Capital Management, Inc. 4.01% of their portfolio DAYTON, OH 528,490528.5k $26.3m $26.3m 4.01% Added +10.1k +10,066
57 J.P. Morgan Private Wealth Advisors LLC 0.07% of their portfolio SAN FRANCISCO, CA 509,321509.3k $25.4m $25.4m 0.07% Reduced -15.5k -15,504
58 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.08% of their portfolio PLYMOUTH, MN 507,589507.6k $25.3m $25.3m 0.08% Added +341.8k +341,750
59 Cape Investment Advisory, Inc. 14.29% of their portfolio MCDONOUGH, GA 505,930505.9k $25.2m $25.2m 14.29% Reduced -12.9k -12,927
60 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 498,292498.3k $24.8m $24.8m 0.02% Added +24.2k +24,163
61 FIRST NATIONAL CORP /MA/ /ADV 6.54% of their portfolio ROCKLAND, MA 488,384488.4k $24.3m $24.3m 6.54% Reduced -80.9k -80,852
62 Legacy Private Trust Co. 2.06% of their portfolio NEENAH, WI 481,156481.2k $24.0m $24.0m 2.06% Reduced -2.8k -2,816
63 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 470,339470.3k $23.4m $23.4m 0.01% Added +19.6k +19,566
64 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.15% of their portfolio IRVING, TX 464,729464.7k $23.2m $23.2m 0.15% Reduced -15.8k -15,786
65 Ethos Financial Group, LLC 5.98% of their portfolio KING OF PRUSSIA, PA 463,034463.0k $23.1m $23.1m 5.98% Added +80.3k +80,310
66 Compass Financial Group, INC/SD 6.40% of their portfolio Sioux Falls, SD 429,258429.3k $21.4m $21.4m 6.40% Added +74.9k +74,867
67 Bartlett & Co. LLC 0.38% of their portfolio CINCINNATI, OH 426,569426.6k $21.3m $21.3m 0.38% Reduced -12.9k -12,872
68 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.38% of their portfolio CINCINNATI, OH 426,569426.6k $21.3m $21.3m 0.38% Reduced -12.9k -12,872
69 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 1.94% of their portfolio KNOXVILLE, TN 424,146424.1k $21.1m $21.1m 1.94% Reduced -106.0k -105,987
70 Truepoint, Inc. 0.67% of their portfolio CINCINNATI, OH 418,175418.2k $20.8m $20.8m 0.67% Reduced -411 -411
71 WT Wealth Management 8.92% of their portfolio SCOTTSDALE, AZ 417,513417.5k $20.8m $20.8m 8.92% Added +74.4k +74,361
72 Jaffetilchin Investment Partners, LLC 2.20% of their portfolio TAMPA, FL 400,674400.7k $20.0m $20.0m 2.20% Reduced -2.2k -2,171
73 Sunburst Financial Group, LLC 6.99% of their portfolio VESTAVIA HILLS, AL 397,438397.4k $19.8m $19.8m 6.99% Added +33.3k +33,318
74 Pegasus Asset Management, Inc. 9.18% of their portfolio MORRISTOWN, NJ 395,970396.0k $19.7m $19.7m 9.18% Added +6.7k +6,732
75 UBS Group AG 0.01% of their portfolio ZURICH, V8 384,095384.1k $19.1m $19.1m 0.01% Reduced -9.7k -9,683
76 Winthrop Advisory Group LLC 3.05% of their portfolio BOSTON, MA 372,937372.9k $18.6m $18.6m 3.05% Added +7.0k +6,966
77 American Investment Services, Inc. 3.95% of their portfolio GREAT BARRINGTON, MA 370,780370.8k $18.5m $18.5m 3.95% Added +3.9k +3,901
78 Strategic Advisors LLC 3.63% of their portfolio New York, NY 369,454369.5k $18.4m $18.4m 3.63% Added +7.7k +7,706
79 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.34% of their portfolio ROCHESTER, NY 363,229363.2k $18.1m $18.1m 1.34% Reduced -8.4k -8,388
80 OGOREK ANTHONY JOSEPH /NY/ /ADV 7.01% of their portfolio WILLIAMSVILLE, NY 356,638356.6k $17.8m $17.8m 7.01% Added +13.7k +13,653
81 Goepper Burkhardt LLC 10.67% of their portfolio GREENVILLE, SC 350,791350.8k $17.5m $17.5m 10.67% Reduced -1.8k -1,766
82 Meridian Wealth Partners, LLC 3.59% of their portfolio EXTON, PA 345,430345.4k $17.2m $17.2m 3.59% Added +14.2k +14,154
83 AE Wealth Management LLC 0.10% of their portfolio TOPEKA, KS 344,801344.8k $17.2m $17.2m 0.10% Reduced -120.0k -119,988
84 Gemmer Asset Management LLC 2.31% of their portfolio WALNUT CREEK, CA 343,115343.1k $17.1m $17.1m 2.31% Added +7.0k +6,969
85 Avior Wealth Management, LLC 1.15% of their portfolio OMAHA, NE 341,524341.5k $17.0m $17.0m 1.15% Added +1.8k +1,817
86 Carlton Hofferkamp & Jenks Wealth Management, LLC 7.32% of their portfolio THE WOODLANDS, TX 324,910324.9k $15.7m $15.7m 7.32% Added +11.4k +11,388
87 Nalls Sherbakoff Group, LLC 15.41% of their portfolio KNOXVILLE, TN 317,728317.7k $15.8m $15.8m 15.41% Reduced -245 -245
88 Shilanski & Associates, Inc. 6.42% of their portfolio ANCHORAGE, AK 315,938315.9k $15.7m $15.7m 6.42% Added +26.4k +26,425
89 Great Lakes Retirement, Inc. 2.83% of their portfolio SANDUSKY, OH 315,203315.2k $15.7m $15.7m 2.83% Reduced -3.7k -3,677
90 Strategic Financial Planning, Inc. 14.46% of their portfolio PLANO, TX 314,865314.9k $15.7m $15.7m 14.46% Reduced -4.0k -4,027
91 GSG Advisors LLC 7.57% of their portfolio MOUNT LAUREL, NJ 311,001311.0k $15.5m $15.5m 7.57% First filing
92 MARSHALL FINANCIAL GROUP INC /ADV 6.28% of their portfolio DOYLESTOWN, PA 309,208309.2k $15.4m $15.4m 6.28% Reduced -1.8k -1,775
93 Column Capital Advisors, LLC 2.22% of their portfolio INDIANAPOLIS, IN 302,882302.9k $15.1m $15.1m 2.22% Added +14.4k +14,409
94 Madden Advisory Services, Inc. 9.31% of their portfolio Jacksonville, FL 295,396295.4k $14.7m $14.7m 9.31% Reduced -44.3k -44,303
95 Genesee Capital Advisors, LLC 10.18% of their portfolio AUBURN, NY 284,048284.0k $14.2m $14.2m 10.18% Added +10.5k +10,477
96 GREAT VALLEY ADVISOR GROUP, INC. 0.58% of their portfolio WILMINGTON, DE 280,530280.5k $14.0m $14.0m 0.58% Added +7.3k +7,334
97 IMA Advisory Services, Inc. 3.60% of their portfolio DENVER, CO 279,757279.8k $13.9m $13.9m 3.60% Reduced -2.6k -2,554
98 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 277,971278.0k $13.9m $13.9m 0.06% Reduced -21.5k -21,456
99 Roble, Belko & Company, Inc 2.82% of their portfolio SEWICKLEY, PA 276,880276.9k $13.8m $13.8m 2.82% Reduced -6.2k -6,195
100 TrinityPoint Wealth, LLC 2.71% of their portfolio MILFORD, CT 272,631272.6k $13.6m $13.6m 2.71% Added +1.4k +1,353