Vault-13

SCHWAB STRATEGIC TR SCHB

US BRD MKT ETF · ETP · CUSIP 808524102

1,077 institutional holders +36 vs Q4 2023
161,411,840161.4m shares reported held*
$9.8bnreported value*
84 new 400 added 400 reduced 46 sold out net sold ≈ $76.6m (-671.0k 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 ($5.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $60.70. Options: 6 managers hold calls ($13.5m notional), 3 hold puts ($1.8m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 862Q4 22: 934Q1 23: 928Q2 23: 951Q3 23: 947Q4 23: 1,041Q1 24: 1,0771,077Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022862
Q4 2022934
Q1 2023928
Q2 2023951
Q3 2023947
Q4 20231,041
Q1 20241,077

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 23Q4 23: 487 bought or addedQ4 23: 366 cut or sold outQ4 23Q1 24: 484 bought or addedQ1 24: 446 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022423354
Q1 2023414409
Q2 2023413383
Q3 2023417410
Q4 2023487366
Q1 2024484446

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ2 23 calls: $12.4mQ2 23 puts: $1.8mQ2 23P/C 0.14Q3 23 calls: $11.7mQ3 23 puts: $1.1mQ3 23P/C 0.09Q4 23 calls: $11.2mQ4 23 puts: $2.3mQ4 23P/C 0.21Q1 24 calls: $13.5mQ1 24 puts: $1.8mQ1 24P/C 0.13
Numbers
QuarterCallsPutsP/C
Q2 2023$12.4m$1.8m0.14
Q3 2023$11.7m$1.1m0.09
Q4 2023$11.2m$2.3m0.21
Q1 2024$13.5m$1.8m0.13

Biggest buyers

Callan Capital, LLC Added +1,923,173+1.9m
MORGAN STANLEY Added +950,589+950.6k
MERCER GLOBAL ADVISORS INC /ADV Added +601,629+601.6k
Waverly Advisors, LLC Added +319,407+319.4k
NATIONAL BANK OF CANADA /FI/ Added +236,862+236.9k
Cambridge Investment Research Advisors, Inc. Added +227,929+227.9k
MISSION WEALTH MANAGEMENT, LP Added +186,292+186.3k
Genesee Capital Advisors, LLC Added +153,365+153.4k
Bluespring Wealth Management, LLC Added +137,873+137.9k
Cetera Investment Advisers New +136,013+136.0k

Biggest sellers

FFT WEALTH MANAGEMENT LLC Reduced -1,536,589-1.5m
LGL PARTNERS, LLC Reduced -1,529,798-1.5m
Wealthfront Advisers LLC Reduced -889,698-889.7k
Morningstar Investment Services LLC Reduced -701,459-701.5k
GOLDMAN SACHS GROUP INC Reduced -420,193-420.2k
ENVESTNET ASSET MANAGEMENT INC Reduced -272,379-272.4k
Betterment LLC Reduced -201,136-201.1k
SYM FINANCIAL Corp Reduced -177,013-177.0k
AE Wealth Management LLC Reduced -165,872-165.9k
Evensky & Katz LLC Reduced -138,970-139.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.0m180.7k shares
CITADEL ADVISORS LLC Reduced $2.2m36.5k shares
WOLVERINE TRADING, LLC New $213.7k3.5k shares
Cutler Group LLC / CA Reduced $33.0k9.4k shares
GROUP ONE TRADING LLC New $18.3k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $915.8k15.0k shares
CITADEL ADVISORS LLC Added $891.3k14.6k shares
Cutler Group LLC / CA Reduced $0100 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wealthfront Advisers LLC 4.68% of their portfolio Palo Alto, CA 21,898,62121.9m $1.3bn $1.3bn 4.68% Reduced -889.7k -889,698
2 SCS Capital Management LLC 5.23% of their portfolio BOSTON, MA 8,034,4188.0m $490.5m $490.5m 5.23% Reduced -34.2k -34,212
3 Betterment LLC 1.03% of their portfolio NEW YORK, NY 6,316,3126.3m $385.6m $385.6m 1.03% Reduced -201.1k -201,136
4 Callan Capital, LLC 10.88% of their portfolio LA JOLLA, CA 4,048,7894.0m $247.2m $247.2m 10.88% Added +1.9m +1,923,173
5 REBALANCE, LLC 18.06% of their portfolio PALO ALTO, CA 3,600,7793.6m $219.8m $219.8m 18.06% Added +31.1k +31,142
6 Evensky & Katz LLC 14.63% of their portfolio CORAL GABLES, FL 3,395,0153.4m $207.3m $207.3m 14.63% Reduced -139.0k -138,970
7 HENGEHOLD CAPITAL MANAGEMENT LLC 19.67% of their portfolio CINCINNATI, OH 3,021,9023.0m $184.5m $184.5m 19.67% Added +6.2k +6,210
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,785,9892.8m $170.1m $170.1m 0.00% Added +950.6k +950,589
9 Strid Group, LLC 28.07% of their portfolio NEWTOWN SQUARE, PA 2,557,5302.6m $156.1m $156.1m 28.07% Added +103.2k +103,234
10 Bouchey Financial Group, Ltd. 14.66% of their portfolio TROY, NY 2,440,6752.4m $149.0m $149.0m 14.66% Added +47.4k +47,401
11 HighTower Advisors, LLC 0.24% of their portfolio CHICAGO, IL 2,398,5872.4m $146.4m $146.4m 0.24% Added +56.4k +56,392
12 HB Wealth Management, LLC 1.75% of their portfolio Atlanta, GA 2,271,0962.3m $138.6m $138.6m 1.75% Reduced -73.1k -73,051
13 HT Partners LLC 49.36% of their portfolio CENTERBROOK, CT 2,232,9272.2m $136.3m $136.3m 49.36% Added +13.3k +13,326
14 Evergreen Advisors, LLC 40.30% of their portfolio CHATTANOOGA, TN 2,161,4472.2m $132.0m $132.0m 40.30% Reduced -45.4k -45,441
15 Retirement Planning Group, LLC 9.71% of their portfolio LEAWOOD, KS 2,076,0562.1m $126.7m $126.7m 9.71% Reduced -78.9k -78,921
16 Hanson & Doremus Investment Management 20.21% of their portfolio BURLINGTON, VT 1,921,2021.9m $117.3m $117.3m 20.21% Added +22.4k +22,419
17 Forvis Mazars Wealth Advisors, LLC 2.65% of their portfolio Springfield, MO 1,709,1321.7m $104.3m $104.3m 2.65% Added +91.1k +91,079
18 HHM Wealth Advisors, LLC 15.37% of their portfolio CHATTANOOGA, TN 1,529,7841.5m $93.4m $93.4m 15.37% Reduced -10.5k -10,507
19 CAPTRUST FINANCIAL ADVISORS 0.33% of their portfolio RALEIGH, NC 1,460,6251.5m $89.2m $89.2m 0.33% Added +106.8k +106,847
20 Summit Financial Strategies, Inc. 11.65% of their portfolio Columbus, OH 1,367,9181.4m $83.5m $83.5m 11.65% Reduced -14.3k -14,268
21 MERCER GLOBAL ADVISORS INC /ADV 0.10% of their portfolio DENVER, CO 1,350,2061.4m $35.5m $35.5m 0.10% Added +601.6k +601,629
22 NATIONAL BANK OF CANADA /FI/ 0.14% of their portfolio MONTREAL, A8 1,312,4841.3m $79.5m $79.5m 0.14% Added +236.9k +236,862
23 TruNorth Capital Management, LLC 27.19% of their portfolio KALAMAZOO, MI 1,292,0521.3m $78.9m $78.9m 27.19% First filing
24 Mariner, LLC 0.15% of their portfolio Overland Park, KS 1,222,5851.2m $74.6m $74.6m 0.15% Reduced -19.6k -19,642
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,173,7901.2m $71.7m $71.7m 0.00% Added +16.7k +16,744
26 Ballentine Partners, LLC 1.28% of their portfolio Waltham, MA 1,100,4961.1m $67.2m $67.2m 1.28% Reduced -17.7k -17,730
27 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,068,8851.1m $65.3m $65.3m 0.01% Reduced -7.4k -7,404
28 Morton Brown Family Wealth, LLC 26.37% of their portfolio ALLENTOWN, PA 1,046,4351.0m $63.9m $63.9m 26.37% Added +4.9k +4,904
29 HBK Sorce Advisory LLC 2.24% of their portfolio ERIE, PA 1,037,3661.0m $63.3m $63.3m 2.24% Added +7.6k +7,598
30 Accredited Investors Inc. 4.07% of their portfolio EDINA, MN 1,036,6061.0m $63.3m $63.3m 4.07% Added +27.5k +27,493
31 Circle Wealth Management, LLC 1.56% of their portfolio SUMMIT, NJ 1,026,3111.0m $62.7m $62.7m 1.56% Added +328 +328
32 Asset Advisors Investment Management, LLC 7.00% of their portfolio AUGUSTA, GA 1,023,4191.0m $62.5m $62.5m 7.00% Added +19.8k +19,835
33 Socha Financial Group, LLC 26.58% of their portfolio CORNING, NY 992,599992.6k $60.6m $60.6m 26.58% Added +2.6k +2,596
34 NORTH STAR ASSET MANAGEMENT INC 2.79% of their portfolio NEENAH, WI 966,628966.6k $59.0m $59.0m 2.79% Added +24.1k +24,074
35 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.30% of their portfolio MINNEAPOLIS, MN 936,495936.5k $57.2m $57.2m 1.30% Added +24.2k +24,223
36 AGILIS PARTNERS LLC 14.00% of their portfolio WALTHAM, MA 898,340898.3k $54.8m $54.8m 14.00% Reduced -5.3k -5,289
37 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 893,060893.1k $54.5m $54.5m 0.02% Reduced -272.4k -272,379
38 BROWN ADVISORY INC 0.07% of their portfolio BALTIMORE, MD 835,943835.9k $51.0m $51.0m 0.07% Reduced -231 -231
39 MANCHESTER FINANCIAL INC 12.94% of their portfolio Westlake Village, CA 812,712812.7k $49.6m $49.6m 12.94% Added +33.2k +33,197
40 D L CARLSON INVESTMENT GROUP INC 9.53% of their portfolio CONCORD, NH 799,063799.1k $48.8m $48.8m 9.53% Added +40.2k +40,248
41 Caprock Group, LLC 2.74% of their portfolio BOISE, ID 781,987782.0k $47.7m $47.7m 2.74% Reduced -8.6k -8,611
42 Bluespring Wealth Management, LLC 5.22% of their portfolio AUSTIN, TX 779,231779.2k $47.6m $47.6m 5.22% Added +137.9k +137,873
43 MYECFO, LLC 26.97% of their portfolio La Jolla, CA 753,025753.0k $46.0m $46.0m 26.97% Added +32.4k +32,410
44 Compass Advisory Group LLC 19.85% of their portfolio MELVILLE, NY 735,269735.3k $44.9m $44.9m 19.85% Added +4.8k +4,827
45 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 733,000733.0k $44.8m $44.8m 0.01% Reduced -25.2k -25,179
46 Morningstar Investment Services LLC 0.49% of their portfolio CHICAGO, IL 724,127724.1k $44.2m $44.2m 0.49% Reduced -701.5k -701,459
47 Members Advisory Group LLC 24.90% of their portfolio WILLIAMSVILLE, NY 719,799719.8k $43.9m $43.9m 24.90% Reduced -1.9k -1,882
48 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 666,219666.2k $40.7m $40.7m 0.05% Reduced -16.7k -16,720
49 Compass Financial Group, INC/SD 9.29% of their portfolio Sioux Falls, SD 655,883655.9k $40.0m $40.0m 9.29% Added +112.1k +112,094
50 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 650,640650.6k $39.7m $39.7m 0.02% Added +121.9k +121,946
51 OneDigital Investment Advisors LLC 0.58% of their portfolio OVERLAND PARK, KS 606,524606.5k $37.0m $37.0m 0.58% Reduced -35.7k -35,675
52 WBH ADVISORY INC 3.77% of their portfolio BALTIMORE, MD 600,272600.3k $36.6m $36.6m 3.77% Added +43.4k +43,365
53 Legacy Financial Strategies, LLC 9.37% of their portfolio OVERLAND PARK, KS 595,669595.7k $36.4m $36.4m 9.37% Added +14.2k +14,217
54 Savant Capital, LLC 0.41% of their portfolio ROCKFORD, IL 585,701585.7k $35.8m $35.8m 0.41% Reduced -19.9k -19,919
55 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 578,059578.1k $35.3m $35.3m 0.05% Added +10.9k +10,936
56 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 567,140567.1k $34.6m $34.6m 0.01% Added +55.1k +55,143
57 Ethos Financial Group, LLC 6.44% of their portfolio KING OF PRUSSIA, PA 556,614556.6k $34.1m $34.1m 6.44% Added +6.9k +6,851
58 Cambridge Investment Research Advisors, Inc. 0.13% of their portfolio FAIRFIELD, IA 551,293551.3k $33.7m $33.7m 0.13% Added +227.9k +227,929
59 Buckingham Capital Management, Inc. 4.04% of their portfolio DAYTON, OH 540,109540.1k $33.0m $33.0m 4.04% Added +4.4k +4,382
60 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.08% of their portfolio PLYMOUTH, MN 521,518521.5k $31.8m $31.8m 0.08% Reduced -7.1k -7,086
61 Jaffetilchin Investment Partners, LLC 2.82% of their portfolio TAMPA, FL 515,031515.0k $31.4m $31.4m 2.82% Added +49.3k +49,346
62 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 513,791513.8k $31.4m $31.4m 0.07% Added +45.0k +45,040
63 Cape Investment Advisory, Inc. 14.57% of their portfolio MCDONOUGH, GA 510,596510.6k $31.2m $31.2m 14.57% Added +5.3k +5,320
64 Genesee Capital Advisors, LLC 16.55% of their portfolio AUBURN, NY 495,222495.2k $30.2m $30.2m 16.55% Added +153.4k +153,365
65 Sunburst Financial Group, LLC 8.45% of their portfolio VESTAVIA HILLS, AL 490,435490.4k $29.9m $29.9m 8.45% Added +57.8k +57,819
66 Boulder Wealth Advisors, LLC 18.30% of their portfolio BOULDER, CO 484,118484.1k $29.6m $29.6m 18.30% First filing
67 Legacy Private Trust Co. 2.15% of their portfolio NEENAH, WI 482,623482.6k $29.5m $29.5m 2.15% Reduced -6.9k -6,856
68 FIRST NATIONAL CORP /MA/ /ADV 6.50% of their portfolio ROCKLAND, MA 474,726474.7k $26.4m $26.4m 6.50% Reduced -417 -417
69 WT Wealth Management 9.25% of their portfolio SCOTTSDALE, AZ 424,388424.4k $25.9m $25.9m 9.25% Added +6.5k +6,495
70 FSA WEALTH PARTNERS, INC. 6.29% of their portfolio Rockville, MD 414,236414.2k $25.3m $25.3m 6.29% Reduced -8.1k -8,086
71 Pegasus Asset Management, Inc. 9.63% of their portfolio MORRISTOWN, NJ 407,341407.3k $24.9m $24.9m 9.63% Added +6.6k +6,578
72 Truepoint, Inc. 0.70% of their portfolio CINCINNATI, OH 404,004404.0k $24.7m $24.7m 0.70% Reduced -6.8k -6,818
73 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 1.91% of their portfolio KNOXVILLE, TN 394,810394.8k $24.1m $24.1m 1.91% Reduced -13.6k -13,575
74 Focus Financial Network, Inc. 1.12% of their portfolio MINNEAPOLIS, MN 394,466394.5k $22.9m $22.9m 1.12% First filing
75 Cerity Partners LLC 0.06% of their portfolio NEW YORK, NY 393,328393.3k $24.0m $24.0m 0.06% Reduced -1.6k -1,627
76 Winthrop Advisory Group LLC 3.46% of their portfolio BOSTON, MA 391,508391.5k $23.9m $23.9m 3.46% Added +3.5k +3,550
77 Gemmer Asset Management LLC 2.72% of their portfolio WALNUT CREEK, CA 383,697383.7k $23.4m $23.4m 2.72% Added +105 +105
78 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.35% of their portfolio CINCINNATI, OH 372,782372.8k $22.8m $22.8m 0.35% Added +758 +758
79 American Investment Services, Inc. 4.01% of their portfolio GREAT BARRINGTON, MA 370,758370.8k $22.6m $22.6m 4.01% Reduced -10 -10
80 OGOREK ANTHONY JOSEPH /NY/ /ADV 7.82% of their portfolio WILLIAMSVILLE, NY 368,755368.8k $22.5m $22.5m 7.82% Reduced -7.2k -7,209
81 Shilanski & Associates, Inc. 7.73% of their portfolio ANCHORAGE, AK 367,491367.5k $22.4m $22.4m 7.73% Added +8.6k +8,561
82 Strategic Advisors LLC 4.40% of their portfolio New York, NY 365,118365.1k $22.3m $22.3m 4.40% Reduced -7.4k -7,389
83 Goepper Burkhardt LLC 10.14% of their portfolio GREENVILLE, SC 359,423359.4k $21.8m $21.8m 10.14% Added +5.5k +5,466
84 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.18% of their portfolio IRVING, TX 352,550352.6k $21.5m $21.5m 0.18% Reduced -21.4k -21,398
85 Waverly Advisors, LLC 0.51% of their portfolio BIRMINGHAM, AL 351,599351.6k $21.5m $21.5m 0.51% Added +319.4k +319,407
86 VALLEY NATIONAL ADVISERS INC 3.23% of their portfolio BETHLEHEM, PA 349,714349.7k $21.3m $21.3m 3.23% Added +24.0k +24,019
87 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.32% of their portfolio ROCHESTER, NY 344,369344.4k $21.0m $21.0m 1.32% Reduced -6.3k -6,305
88 Avior Wealth Management, LLC 0.97% of their portfolio OMAHA, NE 340,330340.3k $20.8m $20.8m 0.97% Added +674 +674
89 PINKERTON WEALTH, LLC 3.33% of their portfolio COEUR D ALENE, ID 339,503339.5k $20.7m $20.7m 3.33% Reduced -90.7k -90,741
90 UBS Group AG 0.01% of their portfolio ZURICH, V8 333,686333.7k $20.4m $20.4m 0.01% Added +19.0k +18,977
91 Strategic Financial Planning, Inc. 14.90% of their portfolio PLANO, TX 326,239326.2k $19.9m $19.9m 14.90% Reduced -13.0k -12,990
92 Breakwater Investment Management 9.01% of their portfolio SEATTLE, WA 320,773320.8k $19.6m $19.6m 9.01% First filing
93 Leading Edge Financial Planning LLC 8.67% of their portfolio KNOXVILLE, TN 320,708320.7k $19.6m $19.6m 8.67% Added +23.6k +23,611
94 GSG Advisors LLC 7.09% of their portfolio MOUNT LAUREL, NJ 319,163319.2k $19.3m $19.3m 7.09% Reduced -15.4k -15,398
95 Roundview Capital LLC 1.54% of their portfolio PRINCETON, NJ 307,991308.0k $18.8m $18.8m 1.54% Added +45.3k +45,295
96 Great Lakes Retirement, Inc. 2.75% of their portfolio SANDUSKY, OH 304,321304.3k $18.6m $18.6m 2.75% Reduced -7.1k -7,068
97 MARSHALL FINANCIAL GROUP INC /ADV 6.05% of their portfolio DOYLESTOWN, PA 300,840300.8k $18.4m $18.4m 6.05% Reduced -2.8k -2,759
98 ROBINSON SMITH WEALTH ADVISORS LLC 17.58% of their portfolio South Portland, ME 299,731299.7k $18.3m $18.3m 17.58% Added +3.5k +3,521
99 Carlton Hofferkamp & Jenks Wealth Management, LLC 7.40% of their portfolio THE WOODLANDS, TX 299,688299.7k $17.6m $17.6m 7.40% Reduced -20.5k -20,512
100 Ellevest, Inc. 1.09% of their portfolio NEW YORK, NY 286,580286.6k $17.5m $17.5m 1.09% Reduced -871 -871