Vault-13

SCHWAB STRATEGIC TR SCHB

US BRD MKT ETF · ETP · CUSIP 808524102

1,392 institutional holders +68 vs Q1 2026
525,608,952525.6m shares reported held*
$15.2bnreported value*
117 new 537 added 488 reduced 43 sold out net bought ≈ $253.1m (-57.6m 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 ($351.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.93. Options: 4 managers hold calls ($9.2m notional), 1 hold puts ($338.8k).

Trends to Q2 2026

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: 1,088Q3 24: 1,106Q4 24: 1,184Q1 25: 1,177Q2 25: 1,216Q3 25: 1,217Q4 25: 1,318Q1 26: 1,324Q2 26: 1,3921,392Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022862
Q4 2022934
Q1 2023928
Q2 2023951
Q3 2023947
Q4 20231,041
Q1 20241,077
Q2 20241,088
Q3 20241,106
Q4 20241,184
Q1 20251,177
Q2 20251,216
Q3 20251,217
Q4 20251,318
Q1 20261,324
Q2 20261,392

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 24: 510 bought or addedQ3 24: 436 cut or sold outQ4 24: 503 bought or addedQ4 24: 490 cut or sold outQ4 24Q1 25: 529 bought or addedQ1 25: 491 cut or sold outQ2 25: 583 bought or addedQ2 25: 474 cut or sold outQ2 25Q3 25: 552 bought or addedQ3 25: 504 cut or sold outQ4 25: 557 bought or addedQ4 25: 513 cut or sold outQ4 25Q1 26: 596 bought or addedQ1 26: 557 cut or sold outQ2 26: 654 bought or addedQ2 26: 531 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024510436
Q4 2024503490
Q1 2025529491
Q2 2025583474
Q3 2025552504
Q4 2025557513
Q1 2026596557
Q2 2026654531

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 25 calls: $7.5mQ3 25 puts: $275.1kQ3 25P/C 0.04Q4 25 calls: $9.5mQ4 25 puts: $393.4kQ4 25P/C 0.04Q1 26 calls: $11.0mQ1 26 puts: $293.7kQ1 26P/C 0.03Q2 26 calls: $9.2mQ2 26 puts: $338.8kQ2 26P/C 0.04
Numbers
QuarterCallsPutsP/C
Q3 2025$7.5m$275.1k0.04
Q4 2025$9.5m$393.4k0.04
Q1 2026$11.0m$293.7k0.03
Q2 2026$9.2m$338.8k0.04

Biggest buyers

Savant Capital, LLC Added +2,973,338+3.0m
Cambridge Investment Research Advisors, Inc. Added +1,723,640+1.7m
Strategic Financial Planning, Inc. New +841,398+841.4k
Bluespring Wealth Management, LLC Added +724,884+724.9k
EP Wealth Advisors, LLC Added +703,504+703.5k
Waverly Advisors, LLC Added +468,702+468.7k
UBS Group AG Added +419,411+419.4k
MISSION WEALTH MANAGEMENT, LP Added +418,662+418.7k
Janney Montgomery Scott LLC New +401,983+402.0k
AQR CAPITAL MANAGEMENT LLC Added +370,778+370.8k

Biggest sellers

Gallagher Fiduciary Advisors, LLC Reduced -66,497,980-66.5m
Wealthfront Advisers LLC Reduced -1,121,129-1.1m
BANK OF AMERICA CORP /DE/ Reduced -657,767-657.8k
Genesee Capital Advisors, LLC Reduced -576,665-576.7k
HORAN Wealth, LLC Reduced -523,474-523.5k
Betterment LLC Reduced -425,710-425.7k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -409,136-409.1k
Members Advisory Group LLC Reduced -403,482-403.5k
CAPTRUST FINANCIAL ADVISORS Reduced -393,159-393.2k
Summit Financial Strategies, Inc. Reduced -346,030-346.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.1m141.9k shares
CITADEL ADVISORS LLC Added $3.5m122.4k shares
JANE STREET GROUP, LLC Reduced $1.5m51.2k shares
GROUP ONE TRADING LLC Reduced $60.8k2.1k shares

Biggest puts

LPL Financial LLC Unchanged $338.8k11.7k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wealthfront Advisers LLC 2.86% of their portfolio Palo Alto, CA 51,435,00951.4m $1.5bn $1.5bn 2.86% Reduced -1.1m -1,121,129
2 UBS Group AG 0.23% of their portfolio ZURICH, V8 48,933,76648.9m $1.4bn $1.4bn 0.23% Added +419.4k +419,411
3 Betterment LLC 0.75% of their portfolio NEW YORK, NY 15,292,14415.3m $442.9m $442.9m 0.75% Reduced -425.7k -425,710
4 REBALANCE, LLC 22.37% of their portfolio PALO ALTO, CA 14,738,45314.7m $426.8m $426.8m 22.37% Reduced -344.0k -344,034
5 SCS Capital Management LLC 3.26% of their portfolio BOSTON, MA 11,934,36211.9m $345.6m $345.6m 3.26% Reduced -35.8k -35,758
6 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio NEW YORK, NY 11,427,85311.4m $331.0m $331.0m 0.06% Reduced -409.1k -409,136
7 HighTower Advisors, LLC 0.26% of their portfolio CHICAGO, IL 9,295,3339.3m $269.2m $269.2m 0.26% Added +328.0k +327,993
8 Strid Group, LLC 27.57% of their portfolio NEWTOWN SQUARE, PA 8,576,6838.6m $248.4m $248.4m 27.57% Reduced -72.3k -72,263
9 Evensky & Katz LLC 11.95% of their portfolio CORAL GABLES, FL 7,987,0578.0m $231.3m $231.3m 11.95% Reduced -178.4k -178,442
10 HENGEHOLD CAPITAL MANAGEMENT LLC 17.17% of their portfolio CINCINNATI, OH 7,640,6367.6m $221.3m $221.3m 17.17% Reduced -81.8k -81,829
11 Hanson & Doremus Investment Management 20.73% of their portfolio BURLINGTON, VT 7,035,3437.0m $203.7m $203.7m 20.73% Reduced -5.8k -5,810
12 HB Wealth Management, LLC 1.07% of their portfolio Atlanta, GA 6,571,0566.6m $190.3m $190.3m 1.07% Reduced -24.2k -24,165
13 Evergreen Advisors, LLC 38.94% of their portfolio CHATTANOOGA, TN 6,300,5306.3m $182.5m $182.5m 38.94% Added +20.4k +20,378
14 Forvis Mazars Wealth Advisors, LLC 2.97% of their portfolio Springfield, MO 6,148,7726.1m $178.1m $178.1m 2.97% Reduced -81.2k -81,234
15 HT Partners LLC 48.66% of their portfolio CENTERBROOK, CT 6,067,8956.1m $175.7m $175.7m 48.66% Reduced -113.6k -113,558
16 Savant Capital, LLC 0.47% of their portfolio ROCKFORD, IL 5,943,2125.9m $160.7m $160.7m 0.47% Added +3.0m +2,973,338
17 TruNorth Capital Management, LLC 25.35% of their portfolio KALAMAZOO, MI 5,449,1675.4m $157.8m $157.8m 25.35% Added +238.4k +238,428
18 HHM Wealth Advisors, LLC 15.33% of their portfolio CHATTANOOGA, TN 5,258,3565.3m $152.3m $152.3m 15.33% Added +111.8k +111,765
19 AlphaCore Capital LLC 2.80% of their portfolio LA JOLLA, CA 5,233,4905.2m $151.6m $151.6m 2.80% Reduced -120.2k -120,214
20 Mariner, LLC 0.14% of their portfolio Overland Park, KS 4,683,5454.7m $135.6m $135.6m 0.14% Reduced -313.0k -312,965
21 Accredited Investors Inc. 5.56% of their portfolio EDINA, MN 4,443,8464.4m $128.7m $128.7m 5.56% Reduced -163.5k -163,491
22 Morton Brown Family Wealth, LLC 27.98% of their portfolio ALLENTOWN, PA 4,261,5094.3m $123.4m $123.4m 27.98% Added +243.6k +243,641
23 Compass Financial Group, INC/SD 12.94% of their portfolio Sioux Falls, SD 3,894,1023.9m $112.8m $112.8m 12.94% Added +24.9k +24,866
24 CAPTRUST FINANCIAL ADVISORS 0.16% of their portfolio RALEIGH, NC 3,654,3243.7m $105.8m $105.8m 0.16% Reduced -393.2k -393,159
25 Waverly Advisors, LLC 0.59% of their portfolio BIRMINGHAM, AL 3,529,9343.5m $102.2m $102.2m 0.59% Added +468.7k +468,702
26 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,458,7453.5m $100.2m $100.2m 0.01% Added +88.4k +88,377
27 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 3,439,3333.4m $99.6m $99.6m 0.11% Added +1.7m +1,723,640
28 MANCHESTER FINANCIAL INC 17.44% of their portfolio Westlake Village, CA 3,381,8523.4m $97.9m $97.9m 17.44% Reduced -45.0k -44,977
29 Creative Planning 0.06% of their portfolio OVERLAND PARK, KS 3,300,5453.3m $95.6m $95.6m 0.06% Added +103.5k +103,480
30 Ballentine Partners, LLC 1.15% of their portfolio Waltham, MA 3,253,1223.3m $94.2m $94.2m 1.15% Reduced -4.6k -4,570
31 HBK Sorce Advisory LLC 1.83% of their portfolio ERIE, PA 3,151,7063.2m $93.7m $93.7m 1.83% Added +21.2k +21,248
32 Quantinno Capital Management LP 0.11% of their portfolio NEW YORK, NY 3,087,2073.1m $89.4m $89.4m 0.11% Added +303.9k +303,949
33 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 2,973,4173.0m $86.1m $86.1m 0.02% Added +65.4k +65,381
34 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 2,970,7653.0m $84.2m $84.2m 0.03% Added +331.7k +331,669
35 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,882,0362.9m $83.5m $83.5m 0.01% Added +250 +250
36 NORTH STAR ASSET MANAGEMENT INC 3.16% of their portfolio NEENAH, WI 2,772,8642.8m $80.3m $80.3m 3.16% Added +92.3k +92,253
37 Asset Advisors Investment Management, LLC 7.28% of their portfolio AUGUSTA, GA 2,739,3612.7m $79.3m $79.3m 7.28% Reduced -22.9k -22,912
38 BROWN ADVISORY INC 0.12% of their portfolio BALTIMORE, MD 2,718,2472.7m $78.7m $78.7m 0.12% Added +7.2k +7,170
39 Gallagher Fiduciary Advisors, LLC 2.58% of their portfolio ROLLING MEADOWS, IL 2,708,4692.7m $78.4m $78.4m 2.58% Reduced -66.5m -66,497,980
40 Legacy Financial Strategies, LLC 11.96% of their portfolio OVERLAND PARK, KS 2,665,3802.7m $77.2m $77.2m 11.96% Added +50.8k +50,793
41 Circle Wealth Management, LLC 0.96% of their portfolio SUMMIT, NJ 2,635,1562.6m $76.3m $76.3m 0.96% Reduced -1.1k -1,081
42 D L CARLSON INVESTMENT GROUP INC 11.95% of their portfolio CONCORD, NH 2,592,2072.6m $75.1m $75.1m 11.95% Added +283 +283
43 MYECFO, LLC 28.17% of their portfolio La Jolla, CA 2,577,0552.6m $74.6m $74.6m 28.17% Added +19.3k +19,332
44 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,536,4612.5m $73.5m $73.5m 0.00% Reduced -657.8k -657,767
45 Bluespring Wealth Management, LLC 1.41% of their portfolio AUSTIN, TX 2,529,3492.5m $73.2m $73.2m 1.41% Added +724.9k +724,884
46 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.96% of their portfolio MINNEAPOLIS, MN 2,527,6842.5m $73.2m $73.2m 0.96% Reduced -40.4k -40,437
47 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 2,500,2082.5m $70.6m $70.6m 0.12% Added +179.8k +179,825
48 Winthrop Advisory Group LLC 4.85% of their portfolio BOSTON, MA 2,487,7082.5m $72.0m $72.0m 4.85% Added +92.7k +92,674
49 Bouchey Financial Group, Ltd. 4.54% of their portfolio TROY, NY 2,424,4472.4m $70.2m $70.2m 4.54% Reduced -27.3k -27,346
50 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,390,6872.4m $69.2m $69.2m 0.01% Added +327.8k +327,771
51 Focus Partners Wealth 0.07% of their portfolio ST LOUIS, MO 2,383,7772.4m $69.0m $69.0m 0.07% Reduced -270.4k -270,382
52 Summit Financial Strategies, Inc. 4.73% of their portfolio Columbus, OH 2,326,0852.3m $67.4m $67.4m 4.73% Reduced -346.0k -346,030
53 Aptus Capital Advisors, LLC 0.49% of their portfolio FAIRHOPE, AL 2,325,2782.3m $67.3m $67.3m 0.49% Added +92.3k +92,317
54 Sunburst Financial Group, LLC 10.97% of their portfolio VESTAVIA HILLS, AL 2,266,6152.3m $65.6m $65.6m 10.97% Added +92.3k +92,327
55 MERCER GLOBAL ADVISORS INC /ADV 0.08% of their portfolio DENVER, CO 2,198,5572.2m $63.7m $63.7m 0.08% Reduced -333.0k -333,007
56 Caprock Group, LLC 1.16% of their portfolio BOISE, ID 2,086,0292.1m $60.4m $60.4m 1.16% Reduced -4.8k -4,817
57 WBH ADVISORY INC 4.03% of their portfolio BALTIMORE, MD 2,072,8312.1m $60.0m $60.0m 4.03% Reduced -46.8k -46,809
58 Allworth Financial LP 0.22% of their portfolio FOLSOM, CA 1,809,5021.8m $52.4m $52.4m 0.22% Added +106.2k +106,193
59 Ethos Financial Group, LLC 3.39% of their portfolio KING OF PRUSSIA, PA 1,795,6431.8m $50.7m $50.7m 3.39% Reduced -230.7k -230,690
60 Capital Management Associates, Inc 10.42% of their portfolio MINNEAPOLIS, MN 1,789,5021.8m $51.8m $51.8m 10.42% Added +3.9k +3,940
61 Leading Edge Financial Planning LLC 9.02% of their portfolio KNOXVILLE, TN 1,748,8381.7m $50.6m $50.6m 9.02% Added +108.0k +107,956
62 Roundview Capital LLC 2.76% of their portfolio PRINCETON, NJ 1,744,3031.7m $50.5m $50.5m 2.76% Added +63.0k +63,010
63 Cerity Partners LLC 0.06% of their portfolio NEW YORK, NY 1,654,8101.7m $47.9m $47.9m 0.06% Added +353.2k +353,178
64 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 1,647,6921.6m $47.7m $47.7m 0.06% Added +8.1k +8,070
65 Boulder Wealth Advisors, LLC 17.33% of their portfolio BOULDER, CO 1,641,4811.6m $47.5m $47.5m 17.33% Added +23.9k +23,926
66 Cape Investment Advisory, Inc. 12.37% of their portfolio MCDONOUGH, GA 1,597,2181.6m $46.3m $46.3m 12.37% Added +13.0k +13,024
67 Modern Wealth Management, LLC 0.55% of their portfolio KANSAS CITY, MO 1,592,6271.6m $46.1m $46.1m 0.55% Added +63.0k +62,989
68 Appalachian Capital Management Ltd 33.14% of their portfolio ST CLAIRSVILLE, OH 1,577,4891.6m $45.7m $45.7m 33.14% Added +3.8k +3,836
69 Tanglewood Wealth Management, Inc. 3.89% of their portfolio HOUSTON, TX 1,577,4861.6m $45.7m $45.7m 3.89% Added +42.6k +42,595
70 BOYUM WEALTH ARCHITECTS LLC 17.55% of their portfolio BLOOMINGTON, MN 1,522,2451.5m $44.1m $44.1m 17.55% Added +20.2k +20,153
71 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 1,445,6011.4m $41.9m $41.9m 0.01% Added +370.8k +370,778
72 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,383,4491.4m $40.1m $40.1m 0.00% Added +1.4k +1,450
73 MAI Capital Management 0.14% of their portfolio INDEPENDENCE, OH 1,267,0301.3m $36.7m $36.7m 0.14% Added +26.8k +26,768
74 Legacy Private Trust Co. 2.03% of their portfolio NEENAH, WI 1,253,7341.3m $36.3m $36.3m 2.03% Reduced -28.4k -28,354
75 Facet Wealth, Inc. 0.52% of their portfolio WEST PALM BEACH, FL 1,243,3091.2m $36.0m $36.0m 0.52% Reduced -6.4k -6,441
76 JUNCTURE WEALTH STRATEGIES, LLC 9.24% of their portfolio SCOTTSDALE, AZ 1,226,2461.2m $35.5m $35.5m 9.24% Reduced -40.6k -40,635
77 FMR LLC 0.00% of their portfolio BOSTON, MA 1,210,9181.2m $35.1m $35.1m 0.00% Added +143.5k +143,457
78 John Boyer, Inc. 29.98% of their portfolio TAMPA, FL 1,194,3481.2m $34.6m $34.6m 29.98% Added +47.5k +47,450
79 SYM FINANCIAL Corp 2.76% of their portfolio WINONA LAKE, IN 1,187,5581.2m $34.4m $34.4m 2.76% Reduced -4.5k -4,450
80 Members Advisory Group LLC 9.54% of their portfolio WILLIAMSVILLE, NY 1,179,8301.2m $34.2m $34.2m 9.54% Reduced -403.5k -403,482
81 HARBOUR INVESTMENTS, INC. 0.45% of their portfolio MADISON, WI 1,163,5651.2m $33.7m $33.7m 0.45% Added +45.2k +45,188
82 Pegasus Asset Management, Inc. 9.59% of their portfolio MORRISTOWN, NJ 1,161,8131.2m $33.6m $33.6m 9.59% Added +1.2k +1,173
83 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,161,7671.2m $33.6m $33.6m 0.01% Added +57.9k +57,936
84 WT Wealth Management 9.32% of their portfolio SCOTTSDALE, AZ 1,161,5891.2m $33.6m $33.6m 9.32% Reduced -12.0k -12,046
85 Goepper Burkhardt LLC 10.09% of their portfolio GREENVILLE, SC 1,160,5591.2m $33.6m $33.6m 10.09% Added +22.5k +22,545
86 Chicago Partners Investment Group LLC 0.63% of their portfolio CHICAGO, IL 1,109,2221.1m $31.7m $31.7m 0.63% Added +139.9k +139,915
87 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,107,2951.1m $31.8m $31.8m 0.00% Reduced -88.1k -88,063
88 GSG Advisors LLC 7.06% of their portfolio MOUNT LAUREL, NJ 1,106,7841.1m $32.1m $32.1m 7.06% Added +12.9k +12,937
89 Gemmer Asset Management LLC 2.15% of their portfolio WALNUT CREEK, CA 1,104,8831.1m $32.0m $32.0m 2.15% Reduced -13.4k -13,414
90 ROBINSON SMITH WEALTH ADVISORS LLC 18.61% of their portfolio South Portland, ME 1,072,6201.1m $31.1m $31.1m 18.61% Reduced -7.8k -7,847
91 Truepoint, Inc. 0.65% of their portfolio CINCINNATI, OH 1,069,6621.1m $31.0m $31.0m 0.65% Reduced -27.9k -27,889
92 Retirement Planning Group, LLC 0.79% of their portfolio LEAWOOD, KS 1,068,1091.1m $30.9m $30.9m 0.79% Reduced -18.2k -18,159
93 Genesee Capital Advisors, LLC 9.61% of their portfolio AUBURN, NY 1,052,8591.1m $30.5m $30.5m 9.61% Reduced -576.7k -576,665
94 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 1,033,9251.0m $26.0m $26.0m 0.01% Added +79.7k +79,697
95 Strategic Advisors LLC 6.47% of their portfolio New York, NY 1,021,7761.0m $29.6m $29.6m 6.47% Reduced -86.3k -86,328
96 Dodds Wealth, LLC 6.65% of their portfolio GREENWOOD VILLAGE, CO 1,020,5081.0m $29.6m $29.6m 6.65% Added +12.7k +12,660
97 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 1.69% of their portfolio KNOXVILLE, TN 1,004,2331.0m $29.1m $29.1m 1.69% Reduced -17.9k -17,868
98 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 1,001,5071.0m $29.0m $29.0m 0.04% Added +130.7k +130,691
99 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 969,875969.9k $28.1m $28.1m 0.01% Added +102.1k +102,134
100 Wynn Capital, LLC 12.46% of their portfolio AUGUSTA, GA 963,366963.4k $27.9m $27.9m 12.46% Added +30.3k +30,266