Vault-13

SCHWAB STRATEGIC TR SCHX

US LRG CAP ETF · ETP · CUSIP 808524201

1,074 institutional holders +34 vs Q1 2023
416,511,762416.5m shares reported held*
$21.8bnreported value*
67 new 376 added 451 reduced 39 sold out net sold ≈ $941.5m (-18.0m 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 ($25.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.37. Options: 4 managers hold calls ($7.1m notional), 2 hold puts ($1.2m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 962Q4 22: 1,036Q1 23: 1,040Q2 23: 1,0741,074Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022962
Q4 20221,036
Q1 20231,040
Q2 20231,074

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 491 bought or addedQ4 22: 396 cut or sold outQ4 22Q1 23: 433 bought or addedQ1 23: 481 cut or sold outQ1 23Q2 23: 443 bought or addedQ2 23: 490 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022491396
Q1 2023433481
Q2 2023443490

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $4.2mQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $3.1mQ4 22 puts: $641.1kQ4 22P/C 0.20Q1 23 calls: $4.2mQ1 23 puts: $1.1mQ1 23P/C 0.26Q2 23 calls: $7.1mQ2 23 puts: $1.2mQ2 23P/C 0.17
Numbers
QuarterCallsPutsP/C
Q3 2022$4.2m$00.00
Q4 2022$3.1m$641.1k0.20
Q1 2023$4.2m$1.1m0.26
Q2 2023$7.1m$1.2m0.17

Biggest buyers

Diversified, LLC Added +1,249,794+1.2m
Fund Evaluation Group, LLC New +1,024,002+1.0m
Modera Wealth Management, LLC New +683,973+684.0k
Charles Schwab Investment Advisory, Inc. Added +644,122+644.1k
TOWNSQUARE CAPITAL LLC Added +446,412+446.4k
Cerity Partners LLC Added +446,398+446.4k
MONETA GROUP INVESTMENT ADVISORS LLC Added +444,018+444.0k
Financial Management Professionals, Inc. Added +348,067+348.1k
Thrivent Financial for Lutherans Added +318,983+319.0k
PIERSHALE FINANCIAL GROUP, INC. Added +305,193+305.2k

Biggest sellers

MERCER GLOBAL ADVISORS INC /ADV Reduced -9,690,984-9.7m
ENVESTNET ASSET MANAGEMENT INC Reduced -9,634,333-9.6m
SEI INVESTMENTS CO Reduced -3,050,480-3.1m
OSAIC HOLDINGS, INC. Reduced -1,248,341-1.2m
Sage Financial Management Group, Inc. Sold out -441,712-441.7k
Creative Planning Reduced -384,922-384.9k
BCS Wealth Management Sold out -302,561-302.6k
Mariner, LLC Reduced -299,698-299.7k
HBK Sorce Advisory LLC Reduced -231,160-231.2k
UBS Group AG Reduced -218,266-218.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.9m131.2k shares
CITADEL ADVISORS LLC Reduced $272.3k5.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Unchanged $0300 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.2m22.5k shares
CITADEL ADVISORS LLC Reduced $20.9k400 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 Charles Schwab Investment Advisory, Inc. 7.76% of their portfolio SAN FRANCISCO, CA 95,552,50495.6m $5.0bn $5.0bn 7.76% Added +644.1k +644,122
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.66% of their portfolio SAN FRANCISCO, CA 43,887,79643.9m $2.3bn $2.3bn 0.66% Reduced -106.6k -106,622
3 Creative Planning 2.03% of their portfolio OVERLAND PARK, KS 29,062,00229.1m $1.5bn $1.5bn 2.03% Reduced -384.9k -384,922
4 SEI INVESTMENTS CO 2.45% of their portfolio OAKS, PA 26,847,71126.8m $1.4bn $1.4bn 2.45% Reduced -3.1m -3,050,480
5 HBK Sorce Advisory LLC 19.19% of their portfolio ERIE, PA 8,654,7608.7m $453.2m $453.2m 19.19% Reduced -231.2k -231,160
6 SAGE FINANCIAL GROUP INC 45.86% of their portfolio W. CONSHOHOCKEN, PA 8,278,3588.3m $433.5m $433.5m 45.86% Added +33.5k +33,489
7 ENVESTNET ASSET MANAGEMENT INC 0.18% of their portfolio Berwyn, PA 7,705,9487.7m $403.6m $403.6m 0.18% Reduced -9.6m -9,634,333
8 UBS Group AG 0.17% of their portfolio ZURICH, V8 7,621,2977.6m $399.1m $399.1m 0.17% Reduced -218.3k -218,266
9 MONETA GROUP INVESTMENT ADVISORS LLC 8.15% of their portfolio ST LOUIS, MO 7,026,9347.0m $368.0m $368.0m 8.15% Added +444.0k +444,018
10 MERCER GLOBAL ADVISORS INC /ADV 1.20% of their portfolio DENVER, CO 5,752,7995.8m $301.3m $301.3m 1.20% Reduced -9.7m -9,690,984
11 Campbell Wealth Management 21.93% of their portfolio ALEXANDRIA, VA 4,651,9184.7m $243.6m $243.6m 21.93% Added +116.9k +116,900
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.29% of their portfolio MILWAUKEE, WI 4,272,1354.3m $223.7m $223.7m 0.29% Added +135.5k +135,459
13 AJ WEALTH STRATEGIES, LLC 9.59% of their portfolio NEW YORK, NY 3,792,4443.8m $198.6m $198.6m 9.59% Added +263.6k +263,647
14 JANUS HENDERSON GROUP PLC 0.12% of their portfolio LONDON, X0 3,589,1943.6m $188.0m $188.0m 0.12% Reduced -80.8k -80,791
15 Mariner, LLC 0.50% of their portfolio Overland Park, KS 3,544,0693.5m $185.6m $185.6m 0.50% Reduced -299.7k -299,698
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 1.94% of their portfolio PLYMOUTH, MN 3,428,4873.4m $179.5m $179.5m 1.94% Reduced -129.8k -129,834
17 WEALTHSOURCE PARTNERS, LLC 11.77% of their portfolio SAN LUIS OBISPO, CA 3,409,7013.4m $178.6m $178.6m 11.77% Reduced -63.2k -63,204
18 HighTower Advisors, LLC 0.34% of their portfolio CHICAGO, IL 3,264,3093.3m $170.9m $170.9m 0.34% Added +49.9k +49,908
19 Koss-Olinger Consulting, LLC 19.17% of their portfolio GAINESVILLE, FL 3,152,5363.2m $165.1m $165.1m 19.17% Added +74.9k +74,901
20 Prime Capital Investment Advisors, LLC 3.05% of their portfolio OVERLAND PARK, KS 2,957,9163.0m $154.9m $154.9m 3.05% Added +146.7k +146,717
21 JMG Financial Group, Ltd. 7.07% of their portfolio DOWNERS GROVE, IL 2,879,2742.9m $150.8m $150.8m 7.07% Reduced -27.8k -27,762
22 McAdam, LLC 11.44% of their portfolio Philadelphia, PA 2,647,2232.6m $138.6m $138.6m 11.44% Added +93.5k +93,451
23 Beacon Pointe Advisors, LLC 1.94% of their portfolio NEWPORT BEACH, CA 2,266,7602.3m $118.7m $118.7m 1.94% Reduced -169.7k -169,666
24 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 2,188,9052.2m $114.6m $114.6m 0.08% Added +34.7k +34,660
25 Cresset Asset Management, LLC 0.80% of their portfolio Chicago, IL 2,165,7492.2m $113.4m $113.4m 0.80% Added +299.3k +299,286
26 BlueSky Wealth Advisors, LLC 20.73% of their portfolio New Bern, NC 1,970,0652.0m $103.2m $103.2m 20.73% Reduced -3.6k -3,566
27 EVERMAY WEALTH MANAGEMENT LLC 18.85% of their portfolio ARLINGTON, VA 1,870,2251.9m $97.9m $97.9m 18.85% Reduced -37.5k -37,547
28 Apriem Advisors 13.47% of their portfolio IRVINE, CA 1,715,4551.7m $89.8m $89.8m 13.47% Added +132.3k +132,322
29 Marcum Wealth, LLC 10.48% of their portfolio CLEVELAND, OH 1,704,6451.7m $89.3m $89.3m 10.48% Reduced -50.9k -50,941
30 Diversified, LLC 22.21% of their portfolio Wilmington, DE 1,665,7581.7m $87.2m $87.2m 22.21% Added +1.2m +1,249,794
31 Orgel Wealth Management, LLC 2.86% of their portfolio ALTOONA, WI 1,651,9691.7m $86.5m $86.5m 2.86% Added +2.9k +2,862
32 Adams Wealth Management 26.40% of their portfolio LOGAN, UT 1,614,3551.6m $84.5m $84.5m 26.40% Added +28.8k +28,845
33 RKL Wealth Management LLC 9.63% of their portfolio LANCASTER, PA 1,553,8631.6m $81.4m $81.4m 9.63% Added +43.6k +43,595
34 Scarborough Advisors, LLC 19.25% of their portfolio ANNAPOLIS, MD 1,536,2791.5m $80.5m $80.5m 19.25% Added +199.3k +199,319
35 Northwest Quadrant Wealth Management, LLC 21.40% of their portfolio BEND, OR 1,478,5751.5m $77.4m $77.4m 21.40% Added +2.8k +2,831
36 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,350,3681.4m $70.7m $70.7m 0.01% Added +99.6k +99,649
37 Bangor Savings Bank 7.97% of their portfolio BANGOR, ME 1,342,2541.3m $70.3m $70.3m 7.97% Reduced -48.2k -48,250
38 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.38% of their portfolio IRVING, TX 1,327,0371.3m $69.5m $69.5m 0.38% Reduced -71.5k -71,505
39 Corient Private Wealth LP 0.16% of their portfolio MIAMI, FL 1,319,3281.3m $69.1m $69.1m 0.16% Reduced -26.7k -26,702
40 Integrated Wealth Concepts LLC 1.15% of their portfolio WALTHAM, MA 1,276,9341.3m $66.9m $66.9m 1.15% Added +61.2k +61,213
41 ASSETMARK, INC 0.26% of their portfolio CONCORD, CA 1,259,5761.3m $66.0m $66.0m 0.26% Reduced -111.9k -111,944
42 Wealthspire Advisors, LLC 1.07% of their portfolio NEW YORK, NY 1,246,8841.2m $65.3m $65.3m 1.07% Added +183.4k +183,369
43 Curi Wealth Management, LLC 8.34% of their portfolio Raleigh, NC 1,174,1211.2m $61.5m $61.5m 8.34% Reduced -42.3k -42,300
44 HB Wealth Management, LLC 0.95% of their portfolio Atlanta, GA 1,140,5131.1m $59.7m $59.7m 0.95% Added +35.9k +35,930
45 AE Wealth Management LLC 0.35% of their portfolio TOPEKA, KS 1,112,8541.1m $58.3m $58.3m 0.35% Reduced -14.6k -14,645
46 Sequoia Financial Advisors, LLC 0.96% of their portfolio Akron, OH 1,073,5731.1m $56.2m $56.2m 0.96% Reduced -41.4k -41,369
47 Cambridge Investment Research Advisors, Inc. 0.25% of their portfolio FAIRFIELD, IA 1,068,5111.1m $56.0m $56.0m 0.25% Added +23.8k +23,768
48 Meridian Wealth Partners, LLC 11.31% of their portfolio EXTON, PA 1,051,6821.1m $55.1m $55.1m 11.31% Added +19.0k +18,982
49 Fund Evaluation Group, LLC 4.85% of their portfolio CINCINNATI, OH 1,024,0021.0m $53.6m $53.6m 4.85% New
50 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 971,563971.6k $50.9m $50.9m 0.01% Reduced -9.9k -9,907
51 Financial Management Professionals, Inc. 8.08% of their portfolio AUSTIN, TX 922,035922.0k $48.3m $48.3m 8.08% Added +348.1k +348,067
52 Leverty Financial Group, LLC 35.07% of their portfolio HUDSON, WI 918,874918.9k $48.1m $48.1m 35.07% Added +36.1k +36,097
53 Standpoint Asset Management, LLC 15.67% of their portfolio SCOTTSDALE, AZ 912,000912.0k $47.8m $47.8m 15.67% Added +115.1k +115,100
54 PINKERTON WEALTH, LLC 9.34% of their portfolio COEUR D ALENE, ID 902,907902.9k $47.3m $47.3m 9.34% Reduced -14.7k -14,720
55 Legacy Wealth Management, LLC 4.00% of their portfolio MEMPHIS, TN 901,388901.4k $47.2m $47.2m 4.00% Reduced -11.6k -11,560
56 Charles Schwab Trust Co 5.31% of their portfolio HENDERSON, NV 893,198893.2k $44.0m $44.0m 5.31% Added +4.1k +4,133
57 FINANCIAL CONSULATE, INC 19.80% of their portfolio HUNT VALLEY, MD 891,646891.6k $46.7m $46.7m 19.80% Added +38.7k +38,682
58 JOHNSON INVESTMENT COUNSEL INC 0.58% of their portfolio Cincinnati, OH 889,971890.0k $46.6m $46.6m 0.58% Added +43.9k +43,891
59 Alliance Wealth Management Group 14.05% of their portfolio FLEMINGTON, NJ 825,899825.9k $43.3m $43.3m 14.05% Reduced -25.6k -25,616
60 Towercrest Capital Management 8.06% of their portfolio NEWTOWN, PA 825,899825.9k $43.3m $43.3m 8.06% Reduced -25.6k -25,616
61 Jaffetilchin Investment Partners, LLC 4.31% of their portfolio TAMPA, FL 779,532779.5k $40.8m $40.8m 4.31% Reduced -27.5k -27,506
62 Savant Capital, LLC 0.63% of their portfolio ROCKFORD, IL 769,746769.7k $40.3m $40.3m 0.63% Added +279.3k +279,272
63 VALLEY NATIONAL ADVISERS INC 6.75% of their portfolio BETHLEHEM, PA 766,976767.0k $40.2m $40.2m 6.75% Added +3.3k +3,328
64 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 766,594766.6k $40.1m $40.1m 0.07% Reduced -28.9k -28,892
65 CAPTRUST FINANCIAL ADVISORS 0.16% of their portfolio RALEIGH, NC 755,560755.6k $39.6m $39.6m 0.16% Reduced -195.3k -195,308
66 CHOREO, LLC 1.33% of their portfolio ROCKFORD, IL 742,785742.8k $38.9m $38.9m 1.33% Reduced -45.6k -45,607
67 Buffington Mohr McNeal 8.07% of their portfolio BOISE, ID 713,644713.6k $37.4m $37.4m 8.07% Added +14.3k +14,278
68 American Trust 2.27% of their portfolio LEXINGTON, KY 707,250707.2k $34.4m $34.4m 2.27% Reduced -193.7k -193,676
69 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 686,355686.4k $35.9m $35.9m 0.01% Added +191.0k +191,044
70 RIVERSEDGE ADVISORS, LLC 9.83% of their portfolio Wilmington, DE 684,606684.6k $35.9m $35.9m 9.83% Reduced -63.3k -63,292
71 Modera Wealth Management, LLC 0.65% of their portfolio WESTWOOD, NJ 683,973684.0k $35.8m $35.8m 0.65% New
72 Cerity Partners LLC 0.14% of their portfolio NEW YORK, NY 671,855671.9k $35.2m $35.2m 0.14% Added +446.4k +446,398
73 Courage Miller Partners, LLC 14.47% of their portfolio NORFOLK, VA 663,191663.2k $34.7m $34.7m 14.47% Reduced -31.5k -31,538
74 IMA Advisory Services, Inc. 8.78% of their portfolio DENVER, CO 652,910652.9k $34.2m $34.2m 8.78% Reduced -21.6k -21,607
75 Ashford Advisors, LLC 10.17% of their portfolio PITTSFORD, NY 646,555646.6k $33.9m $33.9m 10.17% Unchanged
76 APPLETON PARTNERS INC/MA 2.76% of their portfolio BOSTON, MA 623,653623.7k $32.7m $32.7m 2.76% Reduced -28.5k -28,511
77 ACCESS FINANCIAL SERVICES, INC. 19.01% of their portfolio MINNEAPOLIS, MN 622,719622.7k $32.6m $32.6m 19.01% Added +29.9k +29,866
78 Kohmann Bosshard Financial Services, LLC 5.61% of their portfolio FAIRLAWN, OH 621,752621.8k $32.6m $32.6m 5.61% Added +35.0k +34,993
79 MONEYWISE, INC. 20.06% of their portfolio FOREST, VA 617,638617.6k $32.3m $32.3m 20.06% Reduced -28.9k -28,935
80 McGlone Suttner Wealth Management, Inc. 7.37% of their portfolio APPLETON, WI 616,747616.7k $32.3m $32.3m 7.37% Added +44.4k +44,435
81 Berger Financial Group, Inc 3.64% of their portfolio PLYMOUTH, MN 611,893611.9k $32.0m $32.0m 3.64% Added +31.1k +31,091
82 NewSquare Capital LLC 3.33% of their portfolio NEWTOWN SQUARE, PA 610,758610.8k $32.0m $32.0m 3.33% Added +36.8k +36,805
83 HARBOUR INVESTMENTS, INC. 1.58% of their portfolio MADISON, WI 607,881607.9k $31.8m $31.8m 1.58% Added +38.3k +38,282
84 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 604,077604.1k $31.6m $31.6m 0.01% Reduced -51.1k -51,092
85 Foster Victor Wealth Advisors, LLC 3.38% of their portfolio GREENVILLE, SC 581,105581.1k $30.4m $30.4m 3.38% Reduced -20.5k -20,512
86 CW Advisors, LLC 0.70% of their portfolio BOSTON, MA 572,919572.9k $30.0m $30.0m 0.70% Reduced -31.1k -31,051
87 Allworth Financial LP 0.25% of their portfolio FOLSOM, CA 569,023569.0k $29.8m $29.8m 0.25% Reduced -28.8k -28,826
88 Advanced Asset Management Advisors Inc 6.83% of their portfolio DUBLIN, OH 563,400563.4k $29.5m $29.5m 6.83% Unchanged
89 Matrix Trust Co 7.47% of their portfolio DENVER, CO 553,454553.5k $29.0m $29.0m 7.47% Added +3.0k +2,973
90 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 541,444541.4k $28.4m $28.4m 0.01% Added +3.0k +3,002
91 Focus Financial Network, Inc. 1.56% of their portfolio MINNEAPOLIS, MN 535,878535.9k $28.1m $28.1m 1.56% Added +17.5k +17,476
92 CANTOR FITZGERALD, L. P. 0.64% of their portfolio NEW YORK, NY 533,466533.5k $27.9m $27.9m 0.64% Reduced -14.4k -14,354
93 Veery Capital, LLC 12.69% of their portfolio Wilmington, DE 513,754513.8k $26.9m $26.9m 12.69% Added +33.4k +33,386
94 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 497,539497.5k $26.1m $26.1m 0.00% Reduced -3.9k -3,862
95 MANCHESTER FINANCIAL INC 7.37% of their portfolio Westlake Village, CA 495,886495.9k $26.0m $26.0m 7.37% Reduced -12.0k -11,977
96 DRAVO BAY LLC 18.93% of their portfolio REHOBOTH BEACH, DE 491,758491.8k $25.8m $25.8m 18.93% Added +1.8k +1,755
97 BALLAST ADVISORS LLC 9.66% of their portfolio WOODBURY, MN 490,040490.0k $25.7m $25.7m 9.66% Reduced -19.7k -19,685
98 RATIONAL ADVISORS, INC. 2.10% of their portfolio San Juan, PR 483,441483.4k $25.3m $25.3m 2.10% Reduced -28.3k -28,310
99 Orion Porfolio Solutions, LLC 0.27% of their portfolio OMAHA, NE 478,678478.7k $25.1m $25.1m 0.27% Reduced -25.5k -25,529
100 Orion Portfolio Solutions, LLC 0.27% of their portfolio Omaha, NE 478,678478.7k $25.1m $25.1m 0.27% Reduced -25.5k -25,529