Vault-13

SCHWAB STRATEGIC TR SCHX

US LRG CAP ETF · ETP · CUSIP 808524201

1,049 institutional holders -25 vs Q2 2023
417,947,461417.9m shares reported held*
$21.1bnreported value*
48 new 383 added 433 reduced 61 sold out net bought ≈ $359.8m (+7.2m 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 ($15.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.60. Options: 4 managers hold calls ($6.5m notional), 3 hold puts ($819.7k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 962Q4 22: 1,036Q1 23: 1,040Q2 23: 1,074Q3 23: 1,0491,049Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022962
Q4 20221,036
Q1 20231,040
Q2 20231,074
Q3 20231,049

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 23Q3 23: 431 bought or addedQ3 23: 494 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022491396
Q1 2023433481
Q2 2023443490
Q3 2023431494

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ4 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 0.17Q3 23 calls: $6.5mQ3 23 puts: $819.7kQ3 23P/C 0.13
Numbers
QuarterCallsPutsP/C
Q4 2022$3.1m$641.1k0.20
Q1 2023$4.2m$1.1m0.26
Q2 2023$7.1m$1.2m0.17
Q3 2023$6.5m$819.7k0.13

Biggest buyers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +4,326,652+4.3m
Cerity Partners LLC Added +3,902,784+3.9m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +1,677,942+1.7m
Granite Bay Wealth Management, LLC New +1,065,649+1.1m
Charles Schwab Investment Advisory, Inc. Added +726,183+726.2k
MORGAN STANLEY Added +637,113+637.1k
Apollon Wealth Management, LLC Added +625,027+625.0k
GUARDIAN WEALTH ADVISORS, LLC / NC Added +423,809+423.8k
Aptus Capital Advisors, LLC Added +422,692+422.7k
American Trust Added +321,020+321.0k

Biggest sellers

Koss-Olinger Consulting, LLC Sold out -3,152,536-3.2m
SEI INVESTMENTS CO Reduced -2,782,326-2.8m
ENVESTNET ASSET MANAGEMENT INC Reduced -431,729-431.7k
Your Advocates Ltd., LLP Reduced -402,744-402.7k
Leverty Financial Group, LLC Reduced -387,718-387.7k
MERCER GLOBAL ADVISORS INC /ADV Reduced -311,944-311.9k
Empowered Funds, LLC Sold out -303,145-303.1k
APPLETON GROUP, LLC Sold out -299,890-299.9k
ROYAL BANK OF CANADA Reduced -248,795-248.8k
AE Wealth Management LLC Reduced -236,431-236.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.9m116.3k shares
CITADEL ADVISORS LLC Added $612.3k12.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Added $0600 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $779.2k15.4k shares
CITADEL ADVISORS LLC Added $40.5k800 shares
Cutler Group LLC / CA New $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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 7.69% of their portfolio SAN FRANCISCO, CA 96,278,68796.3m $4.9bn $4.9bn 7.69% Added +726.2k +726,183
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.66% of their portfolio SAN FRANCISCO, CA 45,565,73845.6m $2.3bn $2.3bn 0.66% Added +1.7m +1,677,942
3 Creative Planning 1.95% of their portfolio OVERLAND PARK, KS 28,947,24728.9m $1.5bn $1.5bn 1.95% Reduced -114.8k -114,755
4 SEI INVESTMENTS CO 2.19% of their portfolio OAKS, PA 24,065,38524.1m $1.2bn $1.2bn 2.19% Reduced -2.8m -2,782,326
5 HBK Sorce Advisory LLC 19.44% of their portfolio ERIE, PA 8,722,5428.7m $441.4m $441.4m 19.44% Added +67.8k +67,782
6 SAGE FINANCIAL GROUP INC 45.50% of their portfolio W. CONSHOHOCKEN, PA 8,113,3798.1m $410.5m $410.5m 45.50% Reduced -165.0k -164,979
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 1.29% of their portfolio PLYMOUTH, MN 7,755,1397.8m $392.4m $392.4m 1.29% Added +4.3m +4,326,652
8 UBS Group AG 0.17% of their portfolio ZURICH, V8 7,486,0967.5m $378.8m $378.8m 0.17% Reduced -135.2k -135,201
9 ENVESTNET ASSET MANAGEMENT INC 0.17% of their portfolio Berwyn, PA 7,274,2197.3m $368.1m $368.1m 0.17% Reduced -431.7k -431,729
10 MONETA GROUP INVESTMENT ADVISORS LLC 8.31% of their portfolio ST LOUIS, MO 7,231,9477.2m $365.9m $365.9m 8.31% Added +205.0k +205,013
11 MERCER GLOBAL ADVISORS INC /ADV 1.05% of their portfolio DENVER, CO 5,440,8555.4m $275.3m $275.3m 1.05% Reduced -311.9k -311,944
12 Cerity Partners LLC 1.13% of their portfolio NEW YORK, NY 4,574,6394.6m $231.5m $231.5m 1.13% Added +3.9m +3,902,784
13 Campbell Wealth Management 27.78% of their portfolio ALEXANDRIA, VA 4,509,4394.5m $228.2m $228.2m 27.78% Reduced -142.5k -142,479
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.29% of their portfolio MILWAUKEE, WI 4,480,6994.5m $226.7m $226.7m 0.29% Added +208.6k +208,564
15 Mariner, LLC 0.50% of their portfolio Overland Park, KS 3,688,5093.7m $186.6m $186.6m 0.50% Added +144.4k +144,440
16 JANUS HENDERSON GROUP PLC 0.12% of their portfolio LONDON, X0 3,644,2163.6m $184.4m $184.4m 0.12% Added +55.0k +55,022
17 HighTower Advisors, LLC 0.34% of their portfolio CHICAGO, IL 3,580,9883.6m $181.2m $181.2m 0.34% Added +316.7k +316,679
18 WEALTHSOURCE PARTNERS, LLC 11.57% of their portfolio SAN LUIS OBISPO, CA 3,345,0783.3m $169.3m $169.3m 11.57% Reduced -64.6k -64,623
19 Prime Capital Investment Advisors, LLC 3.16% of their portfolio OVERLAND PARK, KS 3,054,3933.1m $154.6m $154.6m 3.16% Added +96.5k +96,477
20 JMG Financial Group, Ltd. 6.94% of their portfolio DOWNERS GROVE, IL 2,844,0872.8m $143.9m $143.9m 6.94% Reduced -35.2k -35,187
21 McAdam, LLC 11.52% of their portfolio Philadelphia, PA 2,777,3622.8m $140.5m $140.5m 11.52% Added +130.1k +130,139
22 Beacon Pointe Advisors, LLC 1.51% of their portfolio NEWPORT BEACH, CA 2,395,0392.4m $121.2m $121.2m 1.51% Added +128.3k +128,279
23 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 2,233,6212.2m $113.0m $113.0m 0.08% Added +44.7k +44,716
24 Cresset Asset Management, LLC 0.73% of their portfolio Chicago, IL 2,091,9102.1m $105.9m $105.9m 0.73% Reduced -73.8k -73,839
25 BlueSky Wealth Advisors, LLC 20.42% of their portfolio New Bern, NC 1,973,2762.0m $99.8m $99.8m 20.42% Added +3.2k +3,211
26 EVERMAY WEALTH MANAGEMENT LLC 18.96% of their portfolio ARLINGTON, VA 1,833,3701.8m $92.8m $92.8m 18.96% Reduced -36.9k -36,855
27 Apriem Advisors 13.17% of their portfolio IRVINE, CA 1,775,7731.8m $89.9m $89.9m 13.17% Added +60.3k +60,318
28 Diversified, LLC 22.40% of their portfolio Wilmington, DE 1,706,3001.7m $86.3m $86.3m 22.40% Added +40.5k +40,542
29 Orgel Wealth Management, LLC 2.86% of their portfolio ALTOONA, WI 1,670,5141.7m $84.5m $84.5m 2.86% Added +18.5k +18,545
30 Marcum Wealth, LLC 10.09% of their portfolio CLEVELAND, OH 1,659,6161.7m $84.0m $84.0m 10.09% Reduced -45.0k -45,029
31 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,608,6761.6m $81.4m $81.4m 0.01% Added +637.1k +637,113
32 RKL Wealth Management LLC 9.86% of their portfolio LANCASTER, PA 1,592,1341.6m $80.6m $80.6m 9.86% Added +38.3k +38,271
33 Scarborough Advisors, LLC 19.03% of their portfolio ANNAPOLIS, MD 1,548,7051.5m $78.4m $78.4m 19.03% Added +12.4k +12,426
34 Adams Wealth Management 26.54% of their portfolio LOGAN, UT 1,545,4311.5m $78.2m $78.2m 26.54% Reduced -68.9k -68,924
35 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,518,5891.5m $76.8m $76.8m 0.01% Added +168.2k +168,221
36 Northwest Quadrant Wealth Management, LLC 21.37% of their portfolio BEND, OR 1,504,5101.5m $76.1m $76.1m 21.37% Added +25.9k +25,935
37 Integrated Wealth Concepts LLC 1.30% of their portfolio WALTHAM, MA 1,453,3711.5m $73.5m $73.5m 1.30% Added +176.4k +176,437
38 Corient Private Wealth LP 0.16% of their portfolio MIAMI, FL 1,402,0241.4m $70.9m $70.9m 0.16% Added +82.7k +82,696
39 Bangor Savings Bank 8.00% of their portfolio BANGOR, ME 1,327,9221.3m $67.2m $67.2m 8.00% Reduced -14.3k -14,332
40 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.42% of their portfolio IRVING, TX 1,258,5111.3m $63.7m $63.7m 0.42% Reduced -68.5k -68,526
41 Wealthspire Advisors, LLC 1.01% of their portfolio NEW YORK, NY 1,214,3821.2m $61.4m $61.4m 1.01% Reduced -32.5k -32,502
42 ASSETMARK, INC 0.24% of their portfolio CONCORD, CA 1,181,4881.2m $59.8m $59.8m 0.24% Reduced -78.1k -78,088
43 HB Wealth Management, LLC 0.93% of their portfolio Atlanta, GA 1,139,0141.1m $57.6m $57.6m 0.93% Reduced -1.5k -1,499
44 JOHNSON INVESTMENT COUNSEL INC 0.71% of their portfolio Cincinnati, OH 1,085,6951.1m $54.9m $54.9m 0.71% Added +195.7k +195,724
45 Granite Bay Wealth Management, LLC 0.55% of their portfolio PORTSMOUTH, NH 1,065,6491.1m $56.1m $56.1m 0.55% New
46 Fund Evaluation Group, LLC 4.77% of their portfolio CINCINNATI, OH 1,060,1741.1m $53.6m $53.6m 4.77% Added +36.2k +36,172
47 Meridian Wealth Partners, LLC 11.16% of their portfolio EXTON, PA 1,059,5411.1m $53.6m $53.6m 11.16% Added +7.9k +7,859
48 Sequoia Financial Advisors, LLC 0.93% of their portfolio Akron, OH 1,043,3891.0m $52.8m $52.8m 0.93% Reduced -30.2k -30,184
49 Cambridge Investment Research Advisors, Inc. 0.24% of their portfolio FAIRFIELD, IA 1,036,9721.0m $52.5m $52.5m 0.24% Reduced -31.5k -31,539
50 American Trust 4.03% of their portfolio LEXINGTON, KY 1,028,2701.0m $52.0m $52.0m 4.03% Added +321.0k +321,020
51 Curi Wealth Management, LLC 7.43% of their portfolio Raleigh, NC 957,340957.3k $48.4m $48.4m 7.43% Reduced -216.8k -216,781
52 Financial Management Professionals, Inc. 8.43% of their portfolio AUSTIN, TX 947,183947.2k $47.9m $47.9m 8.43% Added +25.1k +25,148
53 Standpoint Asset Management, LLC 15.76% of their portfolio SCOTTSDALE, AZ 942,900942.9k $47.7m $47.7m 15.76% Added +30.9k +30,900
54 Charles Schwab Trust Co 5.22% of their portfolio HENDERSON, NV 916,130916.1k $46.4m $46.4m 5.22% Added +22.9k +22,932
55 PINKERTON WEALTH, LLC 9.97% of their portfolio COEUR D ALENE, ID 906,440906.4k $45.9m $45.9m 9.97% Added +3.5k +3,533
56 FINANCIAL CONSULATE, INC 20.10% of their portfolio HUNT VALLEY, MD 899,723899.7k $45.5m $45.5m 20.10% Added +8.1k +8,077
57 Savant Capital, LLC 0.68% of their portfolio ROCKFORD, IL 897,311897.3k $45.4m $45.4m 0.68% Added +127.6k +127,565
58 Legacy Wealth Management, LLC 3.92% of their portfolio MEMPHIS, TN 887,026887.0k $44.9m $44.9m 3.92% Reduced -14.4k -14,362
59 AE Wealth Management LLC 0.27% of their portfolio TOPEKA, KS 876,423876.4k $44.3m $44.3m 0.27% Reduced -236.4k -236,431
60 CAPTRUST FINANCIAL ADVISORS 0.17% of their portfolio RALEIGH, NC 868,571868.6k $44.0m $44.0m 0.17% Added +113.0k +113,011
61 CHOREO, LLC 1.47% of their portfolio ROCKFORD, IL 820,325820.3k $41.5m $41.5m 1.47% Added +77.5k +77,540
62 Jaffetilchin Investment Partners, LLC 4.37% of their portfolio TAMPA, FL 782,289782.3k $39.6m $39.6m 4.37% Added +2.8k +2,757
63 Towercrest Capital Management 7.68% of their portfolio NEWTOWN, PA 779,978780.0k $39.5m $39.5m 7.68% Reduced -45.9k -45,921
64 VALLEY NATIONAL ADVISERS INC 6.86% of their portfolio BETHLEHEM, PA 775,673775.7k $39.2m $39.2m 6.86% Added +8.7k +8,697
65 Aptus Capital Advisors, LLC 1.12% of their portfolio FAIRHOPE, AL 756,832756.8k $38.3m $38.3m 1.12% Added +422.7k +422,692
66 GUARDIAN WEALTH ADVISORS, LLC / NC 6.45% of their portfolio RALEIGH, NC 749,277749.3k $37.9m $37.9m 6.45% Added +423.8k +423,809
67 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 727,489727.5k $36.8m $36.8m 0.06% Reduced -39.1k -39,105
68 Apollon Wealth Management, LLC 1.83% of their portfolio MOUNT PLEASANT, SC 719,183719.2k $36.4m $36.4m 1.83% Added +625.0k +625,027
69 Buffington Mohr McNeal 8.26% of their portfolio BOISE, ID 718,003718.0k $36.3m $36.3m 8.26% Added +4.4k +4,359
70 Kohmann Bosshard Financial Services, LLC 6.22% of their portfolio FAIRLAWN, OH 714,010714.0k $36.1m $36.1m 6.22% Added +92.3k +92,258
71 RIVERSEDGE ADVISORS, LLC 10.17% of their portfolio Wilmington, DE 681,635681.6k $34.5m $34.5m 10.17% Reduced -3.0k -2,971
72 Modera Wealth Management, LLC 0.64% of their portfolio WESTWOOD, NJ 676,030676.0k $34.2m $34.2m 0.64% Reduced -7.9k -7,943
73 Courage Miller Partners, LLC 13.71% of their portfolio NORFOLK, VA 660,754660.8k $33.4m $33.4m 13.71% Reduced -2.4k -2,437
74 NewSquare Capital LLC 3.43% of their portfolio NEWTOWN SQUARE, PA 658,752658.8k $32.4m $32.4m 3.43% Added +48.0k +47,994
75 HARBOUR INVESTMENTS, INC. 1.64% of their portfolio MADISON, WI 645,660645.7k $32.7m $32.7m 1.64% Added +37.8k +37,779
76 McGlone Suttner Wealth Management, Inc. 7.54% of their portfolio APPLETON, WI 642,878642.9k $32.5m $32.5m 7.54% Added +26.1k +26,131
77 ACCESS FINANCIAL SERVICES, INC. 19.04% of their portfolio MINNEAPOLIS, MN 628,427628.4k $31.8m $31.8m 19.04% Added +5.7k +5,708
78 APPLETON PARTNERS INC/MA 2.82% of their portfolio BOSTON, MA 626,835626.8k $31.7m $31.7m 2.82% Added +3.2k +3,182
79 Berger Financial Group, Inc 3.61% of their portfolio PLYMOUTH, MN 620,665620.7k $31.4m $31.4m 3.61% Added +8.8k +8,772
80 Raymond James Financial Services Advisors, Inc. 0.05% of their portfolio ST. PETERSBURG, FL 598,791598.8k $30.3m $30.3m 0.05% Added +124.1k +124,053
81 IMA Advisory Services, Inc. 7.80% of their portfolio DENVER, CO 596,790596.8k $30.2m $30.2m 7.80% Reduced -56.1k -56,120
82 MONEYWISE, INC. 18.75% of their portfolio FOREST, VA 590,692590.7k $29.9m $29.9m 18.75% Reduced -26.9k -26,946
83 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 576,681576.7k $29.2m $29.2m 0.01% Added +35.2k +35,237
84 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 575,425575.4k $29.1m $29.1m 0.01% Reduced -28.7k -28,652
85 Matrix Trust Co 7.53% of their portfolio DENVER, CO 570,299570.3k $28.9m $28.9m 7.53% Added +16.8k +16,845
86 Advanced Asset Management Advisors Inc 6.83% of their portfolio DUBLIN, OH 563,400563.4k $28.5m $28.5m 6.83% Unchanged
87 Ashford Advisors, LLC 8.90% of their portfolio PITTSFORD, NY 560,010560.0k $28.3m $28.3m 8.90% Reduced -86.5k -86,545
88 Foster Victor Wealth Advisors, LLC 3.31% of their portfolio GREENVILLE, SC 559,639559.6k $28.4m $28.4m 3.31% Reduced -21.5k -21,466
89 Focus Financial Network, Inc. 1.54% of their portfolio MINNEAPOLIS, MN 540,830540.8k $27.4m $27.4m 1.54% Added +5.0k +4,952
90 Allworth Financial LP 0.23% of their portfolio FOLSOM, CA 540,191540.2k $27.3m $27.3m 0.23% Reduced -28.8k -28,832
91 Leverty Financial Group, LLC 19.51% of their portfolio HUDSON, WI 531,156531.2k $26.9m $26.9m 19.51% Reduced -387.7k -387,718
92 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 10.59% of their portfolio BETHLEHEM, PA 524,098524.1k $26.5m $26.5m 10.59% Added +62.2k +62,193
93 Veery Capital, LLC 12.90% of their portfolio Wilmington, DE 523,790523.8k $26.5m $26.5m 12.90% Added +10.0k +10,036
94 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 522,904522.9k $26.5m $26.5m 0.00% Added +25.4k +25,365
95 DRAVO BAY LLC 18.74% of their portfolio REHOBOTH BEACH, DE 509,048509.0k $25.8m $25.8m 18.74% Added +17.3k +17,290
96 CANTOR FITZGERALD, L. P. 0.69% of their portfolio NEW YORK, NY 506,436506.4k $25.6m $25.6m 0.69% Reduced -27.0k -27,030
97 CW Advisors, LLC 0.51% of their portfolio BOSTON, MA 487,378487.4k $24.7m $24.7m 0.51% Reduced -85.5k -85,541
98 Orion Porfolio Solutions, LLC 0.30% of their portfolio OMAHA, NE 484,490484.5k $24.5m $24.5m 0.30% Added +5.8k +5,812
99 Orion Portfolio Solutions, LLC 0.30% of their portfolio Omaha, NE 484,490484.5k $24.5m $24.5m 0.30% Added +5.8k +5,812
100 FIDELIS iM, LLC 14.20% of their portfolio MEDFORD, OR 479,005479.0k $24.2m $24.2m 14.20% Added +5.4k +5,417