Vault-13

SCHWAB STRATEGIC TR SCHB

US BRD MKT ETF · ETP · CUSIP 808524102

1,088 institutional holders +11 vs Q1 2024
160,463,193160.5m shares reported held*
$9.8bnreported value*
55 new 344 added 407 reduced 47 sold out net sold ≈ $354.4m (-1.5m 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 ($4.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $60.93. Options: 6 managers hold calls ($11.3m notional), 2 hold puts ($1.2m).

Trends to Q2 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: 1,077Q2 24: 1,0881,088Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022862
Q4 2022934
Q1 2023928
Q2 2023951
Q3 2023947
Q4 20231,041
Q1 20241,077
Q2 20241,088

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 outQ2 23: 413 bought or addedQ2 23: 383 cut or sold outQ2 23Q3 23: 417 bought or addedQ3 23: 410 cut or sold outQ4 23: 487 bought or addedQ4 23: 366 cut or sold outQ4 23Q1 24: 484 bought or addedQ1 24: 446 cut or sold outQ2 24: 399 bought or addedQ2 24: 454 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022423354
Q1 2023414409
Q2 2023413383
Q3 2023417410
Q4 2023487366
Q1 2024484446
Q2 2024399454

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 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 0.13Q2 24 calls: $11.3mQ2 24 puts: $1.2mQ2 24P/C 0.11
Numbers
QuarterCallsPutsP/C
Q3 2023$11.7m$1.1m0.09
Q4 2023$11.2m$2.3m0.21
Q1 2024$13.5m$1.8m0.13
Q2 2024$11.3m$1.2m0.11

Biggest buyers

Strategic Financial Concepts, LLC Added +4,621,937+4.6m
Accredited Investors Inc. Added +575,019+575.0k
Sunpointe, LLC New +413,315+413.3k
Family Firm, Inc. Added +289,901+289.9k
GOLDMAN SACHS GROUP INC Added +269,475+269.5k
Strid Group, LLC Added +195,347+195.3k
Roundview Capital LLC Added +140,009+140.0k
Kestra Advisory Services, LLC Added +138,793+138.8k
Focus Partners Wealth Added +129,729+129.7k
Bouchey Financial Group, Ltd. Added +108,050+108.0k

Biggest sellers

SCS Capital Management LLC Reduced -4,141,323-4.1m
MORGAN STANLEY Reduced -1,712,497-1.7m
MERCER GLOBAL ADVISORS INC /ADV Reduced -871,939-871.9k
Wealthfront Advisers LLC Reduced -727,975-728.0k
JPMORGAN CHASE & CO Reduced -447,916-447.9k
Retirement Planning Group, LLC Reduced -262,770-262.8k
FSA WEALTH PARTNERS, INC. Reduced -216,296-216.3k
MISSION WEALTH MANAGEMENT, LP Reduced -190,595-190.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -175,808-175.8k
Betterment LLC Reduced -145,289-145.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $9.3m148.1k shares
CITADEL ADVISORS LLC Reduced $1.2m19.8k shares
WOLVERINE TRADING, LLC Added $333.2k5.3k shares
Parallax Volatility Advisers, L.P. New $308.1k4.9k shares
GROUP ONE TRADING LLC Added $119.5k1.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $679.0k10.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $534.4k8.5k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wealthfront Advisers LLC 4.48% of their portfolio Palo Alto, CA 21,170,64621.2m $1.3bn $1.3bn 4.48% Reduced -728.0k -727,975
2 Betterment LLC 1.01% of their portfolio NEW YORK, NY 6,171,0236.2m $388.0m $388.0m 1.01% Reduced -145.3k -145,289
3 Strategic Financial Concepts, LLC 0.17% of their portfolio SAN ANTONIO, TX 4,696,3364.7m $290.9k $290.9k 0.17% Added +4.6m +4,621,937
4 Callan Capital, LLC 10.53% of their portfolio LA JOLLA, CA 4,042,8584.0m $254.2m $254.2m 10.53% Reduced -5.9k -5,931
5 SCS Capital Management LLC 5.13% of their portfolio BOSTON, MA 3,893,0953.9m $244.8m $244.8m 5.13% Reduced -4.1m -4,141,323
6 REBALANCE, LLC 18.50% of their portfolio PALO ALTO, CA 3,656,6273.7m $229.9m $229.9m 18.50% Added +55.8k +55,848
7 Evensky & Katz LLC 14.46% of their portfolio CORAL GABLES, FL 3,302,8503.3m $207.7m $207.7m 14.46% Reduced -92.2k -92,165
8 HENGEHOLD CAPITAL MANAGEMENT LLC 19.74% of their portfolio CINCINNATI, OH 3,017,2173.0m $189.7m $189.7m 19.74% Reduced -4.7k -4,685
9 Strid Group, LLC 28.62% of their portfolio NEWTOWN SQUARE, PA 2,752,8772.8m $173.1m $173.1m 28.62% Added +195.3k +195,347
10 Bouchey Financial Group, Ltd. 15.23% of their portfolio TROY, NY 2,548,7252.5m $160.3m $160.3m 15.23% Added +108.0k +108,050
11 HighTower Advisors, LLC 0.24% of their portfolio CHICAGO, IL 2,469,1452.5m $155.2m $155.2m 0.24% Added +70.6k +70,558
12 HB Wealth Management, LLC 1.64% of their portfolio Atlanta, GA 2,239,3132.2m $140.8m $140.8m 1.64% Reduced -31.8k -31,783
13 HT Partners LLC 49.75% of their portfolio CENTERBROOK, CT 2,238,8172.2m $140.8m $140.8m 49.75% Added +5.9k +5,890
14 Evergreen Advisors, LLC 41.08% of their portfolio CHATTANOOGA, TN 2,182,8042.2m $137.2m $137.2m 41.08% Added +21.4k +21,357
15 Hanson & Doremus Investment Management 20.41% of their portfolio BURLINGTON, VT 1,937,6091.9m $121.8m $121.8m 20.41% Added +16.4k +16,407
16 Retirement Planning Group, LLC 7.25% of their portfolio LEAWOOD, KS 1,813,2861.8m $114.0m $114.0m 7.25% Reduced -262.8k -262,770
17 Forvis Mazars Wealth Advisors, LLC 2.75% of their portfolio Springfield, MO 1,751,1481.8m $110.1m $110.1m 2.75% Added +42.0k +42,016
18 Accredited Investors Inc. 6.32% of their portfolio EDINA, MN 1,611,6251.6m $101.3m $101.3m 6.32% Added +575.0k +575,019
19 HHM Wealth Advisors, LLC 14.39% of their portfolio CHATTANOOGA, TN 1,520,7801.5m $95.6m $95.6m 14.39% Reduced -9.0k -9,004
20 CAPTRUST FINANCIAL ADVISORS 0.30% of their portfolio RALEIGH, NC 1,486,6601.5m $93.5m $93.5m 0.30% Added +26.0k +26,035
21 Summit Financial Strategies, Inc. 10.94% of their portfolio Columbus, OH 1,399,5411.4m $88.0m $88.0m 10.94% Added +31.6k +31,623
22 TruNorth Capital Management, LLC 26.56% of their portfolio KALAMAZOO, MI 1,302,4301.3m $81.9m $81.9m 26.56% Added +10.4k +10,378
23 NATIONAL BANK OF CANADA /FI/ 0.12% of their portfolio MONTREAL, A8 1,247,7641.2m $78.6m $78.6m 0.12% Reduced -64.7k -64,720
24 Mariner, LLC 0.15% of their portfolio Overland Park, KS 1,242,5681.2m $78.1m $78.1m 0.15% Added +20.0k +19,983
25 Ballentine Partners, LLC 1.26% of their portfolio Waltham, MA 1,080,2041.1m $67.9m $67.9m 1.26% Reduced -20.3k -20,292
26 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,073,4921.1m $67.5m $67.5m 0.01% Reduced -1.7m -1,712,497
27 Morton Brown Family Wealth, LLC 26.93% of their portfolio ALLENTOWN, PA 1,064,4941.1m $68.2m $68.2m 26.93% Added +18.1k +18,059
28 HBK Sorce Advisory LLC 2.27% of their portfolio ERIE, PA 1,034,5501.0m $65.0m $65.0m 2.27% Reduced -2.8k -2,816
29 Circle Wealth Management, LLC 1.49% of their portfolio SUMMIT, NJ 1,025,3141.0m $64.5m $64.5m 1.49% Reduced -997 -997
30 Socha Financial Group, LLC 29.76% of their portfolio CORNING, NY 1,011,5901.0m $63.6m $63.6m 29.76% Added +19.0k +18,991
31 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 993,203993.2k $62.4m $62.4m 0.01% Reduced -75.7k -75,682
32 NORTH STAR ASSET MANAGEMENT INC 2.89% of their portfolio NEENAH, WI 967,282967.3k $60.8m $60.8m 2.89% Added +654 +654
33 Asset Advisors Investment Management, LLC 6.62% of their portfolio AUGUSTA, GA 966,687966.7k $60.8m $60.8m 6.62% Reduced -56.7k -56,732
34 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.27% of their portfolio MINNEAPOLIS, MN 940,697940.7k $59.1m $59.1m 1.27% Added +4.2k +4,202
35 BROWN ADVISORY INC 0.08% of their portfolio BALTIMORE, MD 935,826935.8k $58.8m $58.8m 0.08% Added +99.9k +99,883
36 AGILIS PARTNERS LLC 16.92% of their portfolio WALTHAM, MA 884,366884.4k $55.6m $55.6m 16.92% Reduced -14.0k -13,974
37 MANCHESTER FINANCIAL INC 12.98% of their portfolio Westlake Village, CA 838,549838.5k $52.7m $52.7m 12.98% Added +25.8k +25,837
38 D L CARLSON INVESTMENT GROUP INC 10.12% of their portfolio CONCORD, NH 834,212834.2k $52.4m $52.4m 10.12% Added +35.1k +35,149
39 Morningstar Investment Services LLC 0.54% of their portfolio CHICAGO, IL 783,720783.7k $49.4m $49.4m 0.54% Added +59.6k +59,593
40 Caprock Group, LLC 2.00% of their portfolio BOISE, ID 780,253780.3k $49.2m $49.2m 2.00% Reduced -1.7k -1,734
41 Bluespring Wealth Management, LLC 5.25% of their portfolio AUSTIN, TX 774,170774.2k $48.8m $48.8m 5.25% Reduced -5.1k -5,061
42 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 770,814770.8k $48.5m $48.5m 0.01% Added +37.8k +37,814
43 Compass Financial Group, INC/SD 10.38% of their portfolio Sioux Falls, SD 761,874761.9k $47.9m $47.9m 10.38% Added +106.0k +105,991
44 MYECFO, LLC 27.39% of their portfolio La Jolla, CA 755,325755.3k $47.5m $47.5m 27.39% Added +2.3k +2,300
45 Compass Advisory Group LLC 20.84% of their portfolio MELVILLE, NY 743,771743.8k $46.9m $46.9m 20.84% Added +8.5k +8,502
46 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 725,874725.9k $45.6m $45.6m 0.00% Reduced -447.9k -447,916
47 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 717,252717.3k $45.1m $45.1m 0.02% Reduced -175.8k -175,808
48 Members Advisory Group LLC 24.30% of their portfolio WILLIAMSVILLE, NY 708,018708.0k $44.5m $44.5m 24.30% Reduced -11.8k -11,781
49 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 679,950680.0k $42.7m $42.7m 0.05% Added +13.7k +13,731
50 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 640,715640.7k $40.3m $40.3m 0.02% Reduced -9.9k -9,925
51 WBH ADVISORY INC 4.06% of their portfolio BALTIMORE, MD 637,630637.6k $40.1m $40.1m 4.06% Added +37.4k +37,358
52 Legacy Financial Strategies, LLC 9.48% of their portfolio OVERLAND PARK, KS 620,012620.0k $39.4m $39.4m 9.48% Added +24.3k +24,343
53 OneDigital Investment Advisors LLC 0.47% of their portfolio OVERLAND PARK, KS 601,976602.0k $37.8m $37.8m 0.47% Reduced -4.5k -4,548
54 Cambridge Investment Research Advisors, Inc. 0.13% of their portfolio FAIRFIELD, IA 580,758580.8k $36.5m $36.5m 0.13% Added +29.5k +29,465
55 Savant Capital, LLC 0.36% of their portfolio ROCKFORD, IL 576,833576.8k $36.3m $36.3m 0.36% Reduced -8.9k -8,868
56 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 576,228576.2k $36.2m $36.2m 0.01% Added +9.1k +9,088
57 Ethos Financial Group, LLC 6.39% of their portfolio KING OF PRUSSIA, PA 574,901574.9k $36.3m $36.3m 6.39% Added +18.3k +18,287
58 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.08% of their portfolio PLYMOUTH, MN 564,543564.5k $35.5m $35.5m 0.08% Added +43.0k +43,025
59 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 555,313555.3k $34.9m $34.9m 0.05% Reduced -22.7k -22,746
60 Buckingham Capital Management, Inc. 4.10% of their portfolio DAYTON, OH 545,433545.4k $34.3m $34.3m 4.10% Added +5.3k +5,324
61 Sunburst Financial Group, LLC 8.99% of their portfolio VESTAVIA HILLS, AL 527,119527.1k $33.1m $33.1m 8.99% Added +36.7k +36,684
62 Jaffetilchin Investment Partners, LLC 2.80% of their portfolio TAMPA, FL 521,674521.7k $32.8m $32.8m 2.80% Added +6.6k +6,643
63 Cape Investment Advisory, Inc. 14.43% of their portfolio MCDONOUGH, GA 510,819510.8k $32.1m $32.1m 14.43% Added +223 +223
64 Boulder Wealth Advisors, LLC 18.21% of their portfolio BOULDER, CO 496,442496.4k $31.2m $31.2m 18.21% Added +12.3k +12,324
65 Genesee Capital Advisors, LLC 15.23% of their portfolio AUBURN, NY 493,760493.8k $31.0m $31.0m 15.23% Reduced -1.5k -1,462
66 Legacy Private Trust Co. 2.16% of their portfolio NEENAH, WI 483,142483.1k $30.4m $30.4m 2.16% Added +519 +519
67 MERCER GLOBAL ADVISORS INC /ADV 0.08% of their portfolio DENVER, CO 478,267478.3k $30.1m $30.1m 0.08% Reduced -871.9k -871,939
68 Roundview Capital LLC 2.22% of their portfolio PRINCETON, NJ 448,000448.0k $28.2m $28.2m 2.22% Added +140.0k +140,009
69 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 445,827445.8k $28.0m $28.0m 0.07% Reduced -68.0k -67,964
70 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 418,581418.6k $26.3m $26.3m 0.01% Added +269.5k +269,475
71 WT Wealth Management 8.99% of their portfolio SCOTTSDALE, AZ 418,256418.3k $26.4m $26.4m 8.99% Reduced -6.1k -6,132
72 Pegasus Asset Management, Inc. 9.99% of their portfolio MORRISTOWN, NJ 414,530414.5k $26.1m $26.1m 9.99% Added +7.2k +7,189
73 Sunpointe, LLC 16.96% of their portfolio ST. LOUIS, MO 413,315413.3k $26.1m $26.1m 16.96% New
74 Family Firm, Inc. 1.82% of their portfolio BETHESDA, MD 408,438408.4k $8.2m $8.2m 1.82% Added +289.9k +289,901
75 FIRST NATIONAL CORP /MA/ /ADV 6.00% of their portfolio ROCKLAND, MA 400,404400.4k $25.2m $25.2m 6.00% Reduced -74.3k -74,322
76 Truepoint, Inc. 0.72% of their portfolio CINCINNATI, OH 400,223400.2k $25.2m $25.2m 0.72% Reduced -3.8k -3,781
77 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 1.95% of their portfolio KNOXVILLE, TN 397,055397.1k $25.0m $25.0m 1.95% Added +2.2k +2,245
78 Winthrop Advisory Group LLC 3.39% of their portfolio BOSTON, MA 396,805396.8k $24.9m $24.9m 3.39% Added +5.3k +5,297
79 Gemmer Asset Management LLC 2.64% of their portfolio WALNUT CREEK, CA 392,249392.2k $24.7m $24.7m 2.64% Added +8.6k +8,552
80 Shilanski & Associates, Inc. 8.02% of their portfolio ANCHORAGE, AK 379,205379.2k $23.8m $23.8m 8.02% Added +11.7k +11,714
81 Waverly Advisors, LLC 0.46% of their portfolio BIRMINGHAM, AL 376,624376.6k $23.7m $23.7m 0.46% Added +25.0k +25,025
82 VALLEY NATIONAL ADVISERS INC 3.44% of their portfolio BETHLEHEM, PA 368,946368.9k $23.2m $23.2m 3.44% Added +19.2k +19,232
83 American Investment Services, Inc. 4.05% of their portfolio GREAT BARRINGTON, MA 363,558363.6k $22.9m $22.9m 4.05% Reduced -7.2k -7,200
84 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.35% of their portfolio CINCINNATI, OH 362,632362.6k $22.9m $22.9m 0.35% Reduced -10.2k -10,150
85 Goepper Burkhardt LLC 10.30% of their portfolio GREENVILLE, SC 361,972362.0k $22.8m $22.8m 10.30% Added +2.5k +2,549
86 UBS Group AG 0.01% of their portfolio ZURICH, V8 361,914361.9k $22.8m $22.8m 0.01% Added +28.2k +28,228
87 OGOREK ANTHONY JOSEPH /NY/ /ADV 7.85% of their portfolio WILLIAMSVILLE, NY 359,457359.5k $22.6m $22.6m 7.85% Reduced -9.3k -9,298
88 Cerity Partners LLC 0.06% of their portfolio NEW YORK, NY 355,391355.4k $22.3m $22.3m 0.06% Reduced -37.9k -37,937
89 Strategic Advisors LLC 4.30% of their portfolio New York, NY 352,664352.7k $22.2m $22.2m 4.30% Reduced -12.5k -12,454
90 Leading Edge Financial Planning LLC 8.85% of their portfolio KNOXVILLE, TN 350,971351.0k $22.1m $22.1m 8.85% Added +30.3k +30,263
91 Avior Wealth Management, LLC 0.93% of their portfolio OMAHA, NE 344,463344.5k $21.7m $21.7m 0.93% Added +4.1k +4,133
92 Strategic Financial Planning, Inc. 15.51% of their portfolio PLANO, TX 342,164342.2k $21.5m $21.5m 15.51% Added +15.9k +15,925
93 Focus Financial Network, Inc. 0.92% of their portfolio MINNEAPOLIS, MN 332,749332.7k $21.5m $21.5m 0.92% Reduced -61.7k -61,717
94 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.18% of their portfolio IRVING, TX 329,345329.3k $20.7m $20.7m 0.18% Reduced -23.2k -23,205
95 GSG Advisors LLC 7.16% of their portfolio MOUNT LAUREL, NJ 321,840321.8k $20.3m $20.3m 7.16% Added +2.7k +2,677
96 ROBINSON SMITH WEALTH ADVISORS LLC 17.68% of their portfolio South Portland, ME 319,456319.5k $20.1m $20.1m 17.68% Added +19.7k +19,725
97 Breakwater Investment Management 8.89% of their portfolio SEATTLE, WA 315,948315.9k $19.9m $19.9m 8.89% Reduced -4.8k -4,825
98 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.22% of their portfolio ROCHESTER, NY 314,830314.8k $19.8m $19.8m 1.22% Reduced -29.5k -29,539
99 Great Lakes Retirement, Inc. 2.60% of their portfolio SANDUSKY, OH 300,240300.2k $18.9m $18.9m 2.60% Reduced -4.1k -4,081
100 MARSHALL FINANCIAL GROUP INC /ADV 6.05% of their portfolio DOYLESTOWN, PA 296,298296.3k $18.6m $18.6m 6.05% Reduced -4.5k -4,542