Vault-13

SCHWAB STRATEGIC TR SCHX

US LRG CAP ETF · ETP · CUSIP 808524201

1,169 institutional holders +120 vs Q3 2023
462,228,109462.2m shares reported held*
$24.8bnreported value*
86 new 406 added 416 reduced 47 sold out net bought ≈ $799.7m (+37.6m 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 ($15.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $53.59. Options: 4 managers hold calls ($2.2m notional), 4 hold puts ($564.0k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 962Q4 22: 1,036Q1 23: 1,040Q2 23: 1,074Q3 23: 1,049Q4 23: 1,1691,169Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022962
Q4 20221,036
Q1 20231,040
Q2 20231,074
Q3 20231,049
Q4 20231,169

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 23Q4 23: 492 bought or addedQ4 23: 463 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022491396
Q1 2023433481
Q2 2023443490
Q3 2023431494
Q4 2023492463

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ1 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 0.13Q4 23 calls: $2.2mQ4 23 puts: $564.0kQ4 23P/C 0.26
Numbers
QuarterCallsPutsP/C
Q1 2023$4.2m$1.1m0.26
Q2 2023$7.1m$1.2m0.17
Q3 2023$6.5m$819.7k0.13
Q4 2023$2.2m$564.0k0.26

Biggest buyers

Cerity Partners LLC Added +23,726,348+23.7m
Koss-Olinger Consulting, LLC New +3,054,918+3.1m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +2,579,005+2.6m
MORGAN STANLEY Added +1,831,284+1.8m
GOLDMAN SACHS GROUP INC Added +1,572,214+1.6m
HBK Sorce Advisory LLC Added +1,559,108+1.6m
GREENWOOD GEARHART LLC Added +998,794+998.8k
JPMORGAN CHASE & CO Added +619,266+619.3k
Tradewinds Capital Management, LLC Added +526,057+526.1k
Destination Wealth Management Added +520,854+520.9k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -834,970-835.0k
Adams Wealth Management Reduced -662,677-662.7k
IMA Advisory Services, Inc. Sold out -596,790-596.8k
Financial Management Professionals, Inc. Reduced -576,092-576.1k
CANTOR FITZGERALD, L. P. Sold out -506,436-506.4k
MERCER GLOBAL ADVISORS INC /ADV Reduced -417,491-417.5k
UBS Group AG Reduced -395,565-395.6k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Reduced -372,663-372.7k
American Trust Reduced -298,941-298.9k
Compass Advisory Group LLC Reduced -291,695-291.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.8m32.8k shares
CITADEL ADVISORS LLC Reduced $315.8k5.6k shares
Cutler Group LLC / CA Added $13.0k3.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

WOLVERINE TRADING, LLC New $282.0k5.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $220.0k3.9k shares
CITADEL ADVISORS LLC Added $62.0k1.1k shares
Cutler Group LLC / CA Added $0200 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 7.83% of their portfolio SAN FRANCISCO, CA 96,674,14996.7m $5.5bn $5.5bn 7.83% Added +395.5k +395,462
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.69% of their portfolio SAN FRANCISCO, CA 48,144,74348.1m $2.7bn $2.7bn 0.69% Added +2.6m +2,579,005
3 Creative Planning 3.02% of their portfolio OVERLAND PARK, KS 28,835,90928.8m $1.6bn $1.6bn 3.02% Reduced -111.3k -111,338
4 Cerity Partners LLC 1.00% of their portfolio NEW YORK, NY 28,300,98728.3m $298.6m $298.6m 1.00% Added +23.7m +23,726,348
5 SEI INVESTMENTS CO 2.16% of their portfolio OAKS, PA 23,818,90623.8m $1.3bn $1.3bn 2.16% Reduced -246.5k -246,479
6 HBK Sorce Advisory LLC 22.39% of their portfolio ERIE, PA 10,281,65010.3m $579.9m $579.9m 22.39% Added +1.6m +1,559,108
7 SAGE FINANCIAL GROUP INC 44.40% of their portfolio W. CONSHOHOCKEN, PA 8,082,2108.1m $455.8m $455.8m 44.40% Reduced -31.2k -31,169
8 MONETA GROUP INVESTMENT ADVISORS LLC 8.43% of their portfolio ST LOUIS, MO 7,561,2817.6m $426.5m $426.5m 8.43% Added +329.3k +329,334
9 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 1.23% of their portfolio PLYMOUTH, MN 7,511,5587.5m $423.7m $423.7m 1.23% Reduced -243.6k -243,581
10 UBS Group AG 0.16% of their portfolio ZURICH, V8 7,090,5317.1m $399.9m $399.9m 0.16% Reduced -395.6k -395,565
11 ENVESTNET ASSET MANAGEMENT INC 0.15% of their portfolio Berwyn, PA 6,439,2496.4m $363.2m $363.2m 0.15% Reduced -835.0k -834,970
12 MERCER GLOBAL ADVISORS INC /ADV 0.85% of their portfolio DENVER, CO 5,023,3645.0m $283.3m $283.3m 0.85% Reduced -417.5k -417,491
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.30% of their portfolio MILWAUKEE, WI 4,711,8844.7m $265.8m $265.8m 0.30% Added +231.2k +231,185
14 Campbell Wealth Management 30.68% of their portfolio ALEXANDRIA, VA 4,584,7084.6m $258.6m $258.6m 30.68% Added +75.3k +75,269
15 HighTower Advisors, LLC 0.35% of their portfolio CHICAGO, IL 3,683,4543.7m $207.7m $207.7m 0.35% Added +102.5k +102,466
16 JANUS HENDERSON GROUP PLC 0.12% of their portfolio LONDON, X0 3,655,5623.7m $206.2m $206.2m 0.12% Added +11.3k +11,346
17 Mariner, LLC 0.49% of their portfolio Overland Park, KS 3,629,2363.6m $204.7m $204.7m 0.49% Reduced -59.3k -59,273
18 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,439,9603.4m $194.0m $194.0m 0.01% Added +1.8m +1,831,284
19 WEALTHSOURCE PARTNERS, LLC 11.65% of their portfolio SAN LUIS OBISPO, CA 3,172,7503.2m $178.9m $178.9m 11.65% Reduced -172.3k -172,328
20 Prime Capital Investment Advisors, LLC 2.66% of their portfolio OVERLAND PARK, KS 3,127,7143.1m $176.4m $176.4m 2.66% Added +73.3k +73,321
21 Koss-Olinger Consulting, LLC 16.91% of their portfolio GAINESVILLE, FL 3,054,9183.1m $172.3m $172.3m 16.91% New
22 JMG Financial Group, Ltd. 6.85% of their portfolio DOWNERS GROVE, IL 2,896,1252.9m $163.3m $163.3m 6.85% Added +52.0k +52,038
23 McAdam, LLC 11.73% of their portfolio Philadelphia, PA 2,884,0302.9m $162.7m $162.7m 11.73% Added +106.7k +106,668
24 Beacon Pointe Advisors, LLC 1.58% of their portfolio NEWPORT BEACH, CA 2,331,7742.3m $131.5m $131.5m 1.58% Reduced -63.3k -63,265
25 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 2,192,0472.2m $123.6m $123.6m 0.07% Reduced -41.6k -41,574
26 Diversified, LLC 26.65% of their portfolio Wilmington, DE 2,182,4842.2m $123.1m $123.1m 26.65% Added +476.2k +476,184
27 Cresset Asset Management, LLC 0.70% of their portfolio Chicago, IL 2,037,8682.0m $114.9m $114.9m 0.70% Reduced -54.0k -54,042
28 BlueSky Wealth Advisors, LLC 20.46% of their portfolio New Bern, NC 1,951,3772.0m $110.1m $110.1m 20.46% Reduced -21.9k -21,899
29 Apriem Advisors 14.47% of their portfolio IRVINE, CA 1,920,5711.9m $108.3m $108.3m 14.47% Added +144.8k +144,798
30 EVERMAY WEALTH MANAGEMENT LLC 18.58% of their portfolio ARLINGTON, VA 1,783,9161.8m $100.6m $100.6m 18.58% Reduced -49.5k -49,454
31 Marcum Wealth, LLC 10.14% of their portfolio CLEVELAND, OH 1,690,0171.7m $95.3m $95.3m 10.14% Added +30.4k +30,401
32 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,660,3291.7m $93.6m $93.6m 0.01% Added +141.7k +141,740
33 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,641,0121.6m $92.6m $92.6m 0.02% Added +1.6m +1,572,214
34 RKL Wealth Management LLC 9.87% of their portfolio LANCASTER, PA 1,618,0111.6m $91.3m $91.3m 9.87% Added +25.9k +25,877
35 Scarborough Advisors, LLC 18.74% of their portfolio ANNAPOLIS, MD 1,613,8191.6m $91.0m $91.0m 18.74% Added +65.1k +65,114
36 Orgel Wealth Management, LLC 2.67% of their portfolio ALTOONA, WI 1,603,1941.6m $90.4m $90.4m 2.67% Reduced -67.3k -67,320
37 Northwest Quadrant Wealth Management, LLC 21.85% of their portfolio BEND, OR 1,497,3551.5m $84.5m $84.5m 21.85% Reduced -7.2k -7,155
38 Integrated Wealth Concepts LLC 1.34% of their portfolio WALTHAM, MA 1,450,2241.5m $81.8m $81.8m 1.34% Reduced -3.1k -3,147
39 ASSETMARK, INC 0.29% of their portfolio CONCORD, CA 1,427,9871.4m $80.5m $80.5m 0.29% Added +246.5k +246,499
40 Corient Private Wealth LP 0.15% of their portfolio MIAMI, FL 1,416,7831.4m $79.9m $79.9m 0.15% Added +14.8k +14,759
41 Bangor Savings Bank 8.12% of their portfolio BANGOR, ME 1,320,6191.3m $74.5m $74.5m 8.12% Reduced -7.3k -7,303
42 Curi Wealth Management, LLC 9.74% of their portfolio Raleigh, NC 1,250,0101.3m $70.5m $70.5m 9.74% Added +292.7k +292,670
43 Wealthspire Advisors, LLC 0.94% of their portfolio NEW YORK, NY 1,178,1731.2m $66.4m $66.4m 0.94% Reduced -36.2k -36,209
44 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,142,1701.1m $64.4m $64.4m 0.00% Added +619.3k +619,266
45 HB Wealth Management, LLC 0.92% of their portfolio Atlanta, GA 1,136,4441.1m $64.1m $64.1m 0.92% Reduced -2.6k -2,570
46 JOHNSON INVESTMENT COUNSEL INC 0.75% of their portfolio Cincinnati, OH 1,130,3831.1m $63.8m $63.8m 0.75% Added +44.7k +44,688
47 Granite Bay Wealth Management, LLC 0.53% of their portfolio PORTSMOUTH, NH 1,123,8501.1m $59.3m $59.3m 0.53% Added +58.2k +58,201
48 FINANCIAL CONSULATE, INC 20.67% of their portfolio HUNT VALLEY, MD 1,114,2021.1m $62.8m $62.8m 20.67% Added +214.5k +214,479
49 GREENWOOD GEARHART LLC 6.66% of their portfolio FAYETTEVILLE, AR 1,107,9551.1m $62.5m $62.5m 6.66% Added +998.8k +998,794
50 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,088,3481.1m $61.4m $61.4m 0.02% Added +512.9k +512,923
51 Meridian Wealth Partners, LLC 11.33% of their portfolio EXTON, PA 1,052,1041.1m $59.3m $59.3m 11.33% Reduced -7.4k -7,437
52 Cambridge Investment Research Advisors, Inc. 0.25% of their portfolio FAIRFIELD, IA 1,051,2511.1m $59.3m $59.3m 0.25% Added +14.3k +14,279
53 Fund Evaluation Group, LLC 4.31% of their portfolio CINCINNATI, OH 1,050,6261.1m $59.3m $59.3m 4.31% Reduced -9.5k -9,548
54 Sequoia Financial Advisors, LLC 0.72% of their portfolio Akron, OH 1,032,9931.0m $58.3m $58.3m 0.72% Reduced -10.4k -10,396
55 Steele Capital Management, Inc. 3.75% of their portfolio DUBUQUE, IA 1,020,6001.0m $57.6m $57.6m 3.75% First filing
56 Charles Schwab Trust Co 5.60% of their portfolio HENDERSON, NV 1,007,8451.0m $56.8m $56.8m 5.60% Added +91.7k +91,715
57 Standpoint Asset Management, LLC 15.93% of their portfolio SCOTTSDALE, AZ 962,800962.8k $54.3m $54.3m 15.93% Added +19.9k +19,900
58 Destination Wealth Management 1.79% of their portfolio Walnut Creek, CA 915,810915.8k $51.7m $51.7m 1.79% Added +520.9k +520,854
59 Savant Capital, LLC 0.65% of their portfolio ROCKFORD, IL 887,365887.4k $50.0m $50.0m 0.65% Reduced -9.9k -9,946
60 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.41% of their portfolio IRVING, TX 885,848885.8k $50.0m $50.0m 0.41% Reduced -372.7k -372,663
61 Adams Wealth Management 14.73% of their portfolio LOGAN, UT 882,754882.8k $49.8m $49.8m 14.73% Reduced -662.7k -662,677
62 CHOREO, LLC 1.32% of their portfolio ROCKFORD, IL 863,726863.7k $48.7m $48.7m 1.32% Added +43.4k +43,401
63 Legacy Wealth Management, LLC 3.83% of their portfolio MEMPHIS, TN 858,320858.3k $48.4m $48.4m 3.83% Reduced -28.7k -28,706
64 Apollon Wealth Management, LLC 1.67% of their portfolio MOUNT PLEASANT, SC 855,183855.2k $48.2m $48.2m 1.67% Added +136.0k +136,000
65 CAPTRUST FINANCIAL ADVISORS 0.16% of their portfolio RALEIGH, NC 825,028825.0k $46.5m $46.5m 0.16% Reduced -43.5k -43,543
66 Kohmann Bosshard Financial Services, LLC 6.92% of their portfolio FAIRLAWN, OH 805,692805.7k $45.4m $45.4m 6.92% Added +91.7k +91,682
67 KAVAR CAPITAL PARTNERS GROUP, LLC 5.07% of their portfolio LEAWOOD, KS 804,424804.4k $45.4m $45.4m 5.07% Added +435.1k +435,091
68 AE Wealth Management LLC 0.24% of their portfolio TOPEKA, KS 798,079798.1k $46.1m $46.1m 0.24% Reduced -78.3k -78,344
69 Jaffetilchin Investment Partners, LLC 4.32% of their portfolio TAMPA, FL 785,144785.1k $44.3m $44.3m 4.32% Added +2.9k +2,855
70 PINKERTON WEALTH, LLC 8.53% of their portfolio COEUR D ALENE, ID 784,745784.7k $44.3m $44.3m 8.53% Reduced -121.7k -121,695
71 Alliance Wealth Management Group 13.67% of their portfolio FLEMINGTON, NJ 776,829776.8k $43.8m $43.8m 13.67% First filing
72 Towercrest Capital Management 7.84% of their portfolio NEWTOWN, PA 776,829776.8k $43.8m $43.8m 7.84% Reduced -3.1k -3,149
73 VALLEY NATIONAL ADVISERS INC 6.91% of their portfolio BETHLEHEM, PA 771,441771.4k $43.5m $43.5m 6.91% Reduced -4.2k -4,232
74 American Trust 3.04% of their portfolio LEXINGTON, KY 729,329729.3k $41.1m $41.1m 3.04% Reduced -298.9k -298,941
75 Buffington Mohr McNeal 8.11% of their portfolio BOISE, ID 715,396715.4k $40.3m $40.3m 8.11% Reduced -2.6k -2,607
76 Aptus Capital Advisors, LLC 1.18% of their portfolio FAIRHOPE, AL 706,807706.8k $39.9m $39.9m 1.18% Reduced -50.0k -50,025
77 RIVERSEDGE ADVISORS, LLC 10.90% of their portfolio Wilmington, DE 705,411705.4k $39.8m $39.8m 10.90% Added +23.8k +23,776
78 NewSquare Capital LLC 3.69% of their portfolio NEWTOWN SQUARE, PA 703,992704.0k $38.7m $38.7m 3.69% Added +45.2k +45,240
79 GUARDIAN WEALTH ADVISORS, LLC / NC 6.01% of their portfolio RALEIGH, NC 700,785700.8k $39.5m $39.5m 6.01% Reduced -48.5k -48,492
80 HARBOUR INVESTMENTS, INC. 1.57% of their portfolio MADISON, WI 671,023671.0k $37.8m $37.8m 1.57% Added +25.4k +25,363
81 Modera Wealth Management, LLC 0.62% of their portfolio WESTWOOD, NJ 668,842668.8k $37.7m $37.7m 0.62% Reduced -7.2k -7,188
82 APPLETON PARTNERS INC/MA 3.01% of their portfolio BOSTON, MA 661,842661.8k $37.3m $37.3m 3.01% Added +35.0k +35,007
83 Berger Financial Group, Inc 3.78% of their portfolio PLYMOUTH, MN 647,435647.4k $36.5m $36.5m 3.78% Added +26.8k +26,770
84 McGlone Suttner Wealth Management, Inc. 7.21% of their portfolio APPLETON, WI 647,120647.1k $36.5m $36.5m 7.21% Added +4.2k +4,242
85 Courage Miller Partners, LLC 13.75% of their portfolio NORFOLK, VA 644,521644.5k $36.4m $36.4m 13.75% Reduced -16.2k -16,233
86 ACCESS FINANCIAL SERVICES, INC. 18.58% of their portfolio MINNEAPOLIS, MN 639,365639.4k $36.1m $36.1m 18.58% Added +10.9k +10,938
87 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 610,050610.0k $34.4m $34.4m 0.06% Added +11.3k +11,259
88 Ashford Advisors, LLC 9.48% of their portfolio PITTSFORD, NY 607,598607.6k $34.3m $34.3m 9.48% Added +47.6k +47,588
89 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 605,092605.1k $34.1m $34.1m 0.01% Added +28.4k +28,411
90 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 572,507572.5k $32.3m $32.3m 0.05% Reduced -155.0k -154,982
91 MONEYWISE, INC. 18.48% of their portfolio FOREST, VA 570,444570.4k $32.2m $32.2m 18.48% Reduced -20.2k -20,248
92 Matrix Trust Co 7.52% of their portfolio DENVER, CO 570,260570.3k $32.2m $32.2m 7.52% Reduced -39 -39
93 Advanced Asset Management Advisors Inc 7.55% of their portfolio DUBLIN, OH 563,400563.4k $31.8m $31.8m 7.55% Unchanged
94 Leverty Financial Group, LLC 19.80% of their portfolio HUDSON, WI 553,654553.7k $31.2m $31.2m 19.80% Added +22.5k +22,498
95 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 11.67% of their portfolio BETHLEHEM, PA 548,454548.5k $30.9m $30.9m 11.67% Added +24.4k +24,356
96 Baker Avenue Asset Management, LP 1.35% of their portfolio SAN FRANCISCO, CA 543,898543.9k $30.7m $30.7m 1.35% Added +85.0k +85,026
97 Foster Victor Wealth Advisors, LLC 3.13% of their portfolio GREENVILLE, SC 543,846543.8k $30.6m $30.6m 3.13% Reduced -15.8k -15,793
98 Veery Capital, LLC 13.70% of their portfolio Wilmington, DE 541,834541.8k $30.6m $30.6m 13.70% Added +18.0k +18,044
99 Embree Financial Group 6.32% of their portfolio Chicago, IL 532,907532.9k $30.1m $30.1m 6.32% First filing
100 Allworth Financial LP 0.23% of their portfolio FOLSOM, CA 532,292532.3k $30.0m $30.0m 0.23% Reduced -7.9k -7,899