Vault-13

SCHWAB STRATEGIC TR SCHX

US LRG CAP ETF · ETP · CUSIP 808524201

1,358 institutional holders -7 vs Q4 2024
1,114,036,8101.1bn shares reported held*
$24.6bnreported value*
89 new 536 added 509 reduced 82 sold out net bought ≈ $1.3bn (+57.5m 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 ($6.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.07. Options: 3 managers hold calls ($1.2m notional), 2 hold puts ($116.7k).

Trends to Q1 2025

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: 1,169Q1 24: 1,192Q2 24: 1,224Q3 24: 1,252Q4 24: 1,365Q1 25: 1,3581,358Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022962
Q4 20221,036
Q1 20231,040
Q2 20231,074
Q3 20231,049
Q4 20231,169
Q1 20241,192
Q2 20241,224
Q3 20241,252
Q4 20241,365
Q1 20251,358

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 23: 443 bought or addedQ2 23: 490 cut or sold outQ3 23: 431 bought or addedQ3 23: 494 cut or sold outQ3 23Q4 23: 492 bought or addedQ4 23: 463 cut or sold outQ1 24: 503 bought or addedQ1 24: 577 cut or sold outQ1 24Q2 24: 469 bought or addedQ2 24: 531 cut or sold outQ3 24: 558 bought or addedQ3 24: 521 cut or sold outQ3 24Q4 24: 540 bought or addedQ4 24: 596 cut or sold outQ1 25: 625 bought or addedQ1 25: 591 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023443490
Q3 2023431494
Q4 2023492463
Q1 2024503577
Q2 2024469531
Q3 2024558521
Q4 2024540596
Q1 2025625591

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 24 calls: $1.6mQ2 24 puts: $218.4kQ2 24P/C 0.14Q3 24 calls: $2.3mQ3 24 puts: $67.8kQ3 24P/C 0.03Q4 24 calls: $1.6mQ4 24 puts: $92.7kQ4 24P/C 0.06Q1 25 calls: $1.2mQ1 25 puts: $116.7kQ1 25P/C 0.10
Numbers
QuarterCallsPutsP/C
Q2 2024$1.6m$218.4k0.14
Q3 2024$2.3m$67.8k0.03
Q4 2024$1.6m$92.7k0.06
Q1 2025$1.2m$116.7k0.10

Biggest buyers

CAPTRUST FINANCIAL ADVISORS Added +15,552,320+15.6m
US BANCORP \DE\ Added +10,782,297+10.8m
Betterment LLC Added +7,201,786+7.2m
MONETA GROUP INVESTMENT ADVISORS LLC Added +4,997,442+5.0m
Prime Capital Investment Advisors, LLC Added +4,798,612+4.8m
Fund Evaluation Group, LLC Added +3,755,090+3.8m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +3,701,133+3.7m
Wealthspire Advisors, LLC Added +2,974,256+3.0m
HighTower Advisors, LLC Added +2,973,990+3.0m
UBS Group AG Added +2,020,190+2.0m

Biggest sellers

Empowered Funds, LLC Sold out -2,894,843-2.9m
American Trust Sold out -2,414,240-2.4m
Focus Partners Wealth Reduced -2,279,758-2.3m
ASSETMARK, INC Reduced -2,232,295-2.2m
Apollon Wealth Management, LLC Reduced -1,885,565-1.9m
RKL Wealth Management LLC Reduced -1,552,035-1.6m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,464,521-1.5m
McAdam, LLC Reduced -1,157,756-1.2m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -849,412-849.4k
Cresset Asset Management, LLC Reduced -762,343-762.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $728.6k33.0k shares
CITADEL ADVISORS LLC Reduced $454.8k20.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $114.8k5.2k shares
Quaker Wealth Management, LLC First filing $1.9k87 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 US BANCORP \DE\ 6.41% of their portfolio MINNEAPOLIS, MN 217,201,393217.2m $4.8bn $4.8bn 6.41% Added +10.8m +10,782,297
2 Creative Planning 1.72% of their portfolio OVERLAND PARK, KS 82,661,32882.7m $1.8bn $1.8bn 1.72% Added +193.9k +193,933
3 SEI INVESTMENTS CO 0.99% of their portfolio OAKS, PA 34,774,78434.8m $767.8m $767.8m 0.99% Reduced -389.6k -389,646
4 HBK Sorce Advisory LLC 21.41% of their portfolio ERIE, PA 33,030,81733.0m $729.3m $729.3m 21.41% Added +891.0k +890,971
5 MONETA GROUP INVESTMENT ADVISORS LLC 9.51% of their portfolio ST LOUIS, MO 31,236,92231.2m $689.7m $689.7m 9.51% Added +5.0m +4,997,442
6 SAGE FINANCIAL GROUP INC 45.20% of their portfolio W. CONSHOHOCKEN, PA 25,345,10625.3m $559.6m $559.6m 45.20% Added +479.8k +479,820
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.44% of their portfolio MILWAUKEE, WI 24,479,01224.5m $540.5m $540.5m 0.44% Added +3.7m +3,701,133
8 UBS Group AG 0.09% of their portfolio ZURICH, V8 18,776,56518.8m $414.6m $414.6m 0.09% Added +2.0m +2,020,190
9 Cerity Partners LLC 0.85% of their portfolio NEW YORK, NY 18,682,30418.7m $412.5m $412.5m 0.85% Added +221.5k +221,544
10 CAPTRUST FINANCIAL ADVISORS 0.99% of their portfolio RALEIGH, NC 17,815,93817.8m $393.4m $393.4m 0.99% Added +15.6m +15,552,320
11 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.70% of their portfolio PLYMOUTH, MN 16,624,07216.6m $367.1m $367.1m 0.70% Reduced -849.4k -849,412
12 Prime Capital Investment Advisors, LLC 4.11% of their portfolio OVERLAND PARK, KS 15,935,06415.9m $351.8m $351.8m 4.11% Added +4.8m +4,798,612
13 Diversified Enterprises, LLC 28.60% of their portfolio Wilmington, DE 15,387,69015.4m $339.8m $339.8m 28.60% Added +511.9k +511,948
14 HighTower Advisors, LLC 0.42% of their portfolio CHICAGO, IL 14,010,11214.0m $309.3m $309.3m 0.42% Added +3.0m +2,973,990
15 ENVESTNET ASSET MANAGEMENT INC 0.09% of their portfolio Berwyn, PA 13,226,35413.2m $292.0m $292.0m 0.09% Reduced -1.5m -1,464,521
16 Betterment LLC 0.69% of their portfolio NEW YORK, NY 13,225,08613.2m $292.0m $292.0m 0.69% Added +7.2m +7,201,786
17 MERCER GLOBAL ADVISORS INC /ADV 0.59% of their portfolio DENVER, CO 11,714,87811.7m $258.7m $258.7m 0.59% Reduced -182.4k -182,435
18 JANUS HENDERSON GROUP PLC 0.13% of their portfolio LONDON, X0 10,984,73111.0m $241.2m $241.2m 0.13% Added +60.4k +60,381
19 Mariner, LLC 0.36% of their portfolio Overland Park, KS 9,874,4409.9m $218.0m $218.0m 0.36% Reduced -293.6k -293,644
20 Koss-Olinger Consulting, LLC 18.37% of their portfolio GAINESVILLE, FL 9,874,0849.9m $218.0m $218.0m 18.37% Added +40.5k +40,526
21 McAdam, LLC 12.55% of their portfolio Philadelphia, PA 9,181,8489.2m $202.7m $202.7m 12.55% Reduced -1.2m -1,157,756
22 JMG Financial Group, Ltd. 6.06% of their portfolio DOWNERS GROVE, IL 8,142,3128.1m $179.8m $179.8m 6.06% Reduced -156.1k -156,114
23 Fund Evaluation Group, LLC 7.60% of their portfolio CINCINNATI, OH 7,955,5198.0m $175.7m $175.7m 7.60% Added +3.8m +3,755,090
24 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 7,284,2757.3m $160.8m $160.8m 0.01% Added +786.7k +786,696
25 ASSETMARK, INC 0.42% of their portfolio CONCORD, CA 6,976,3337.0m $154.0m $154.0m 0.42% Reduced -2.2m -2,232,295
26 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 6,825,2276.8m $150.7m $150.7m 0.06% Reduced -187.2k -187,203
27 GREENWOOD GEARHART LLC 9.72% of their portfolio FAYETTEVILLE, AR 6,363,3086.4m $140.5m $140.5m 9.72% Added +439.5k +439,500
28 BlueSky Wealth Advisors, LLC 21.19% of their portfolio New Bern, NC 6,192,2566.2m $136.7m $136.7m 21.19% Added +201.6k +201,571
29 Kohmann Bosshard Financial Services, LLC 16.03% of their portfolio FAIRLAWN, OH 6,181,6036.2m $135.9m $135.9m 16.03% Added +304.0k +304,048
30 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 6,176,3146.2m $136.4m $136.4m 0.01% Added +5.6k +5,645
31 Apriem Advisors 15.85% of their portfolio IRVINE, CA 6,127,5316.1m $135.3m $135.3m 15.85% Added +251.3k +251,287
32 Wealthspire Advisors, LLC 0.80% of their portfolio NEW YORK, NY 6,083,3266.1m $134.3m $134.3m 0.80% Added +3.0m +2,974,256
33 Beacon Pointe Advisors, LLC 1.49% of their portfolio NEWPORT BEACH, CA 5,990,6976.0m $132.3m $132.3m 1.49% Reduced -194.2k -194,223
34 EVERMAY WEALTH MANAGEMENT LLC 14.53% of their portfolio ARLINGTON, VA 5,012,2535.0m $110.7m $110.7m 14.53% Reduced -75.3k -75,322
35 JOHNSON INVESTMENT COUNSEL INC 1.03% of their portfolio Cincinnati, OH 4,841,3054.8m $106.9m $106.9m 1.03% Added +128.2k +128,150
36 Corient Private Wealth LP 0.17% of their portfolio MIAMI, FL 4,743,0274.7m $104.7m $104.7m 0.17% Reduced -178.9k -178,946
37 Northwest Quadrant Wealth Management, LLC 24.54% of their portfolio BEND, OR 4,735,1654.7m $104.6m $104.6m 24.54% Added +96.7k +96,681
38 Orgel Wealth Management, LLC 2.66% of their portfolio ALTOONA, WI 4,633,1764.6m $102.3m $102.3m 2.66% Added +3.1k +3,117
39 FINANCIAL CONSULATE, INC 22.95% of their portfolio HUNT VALLEY, MD 4,117,9254.1m $90.9m $90.9m 22.95% Added +360.4k +360,433
40 Standpoint Asset Management, LLC 16.44% of their portfolio SCOTTSDALE, AZ 4,040,4004.0m $89.2m $89.2m 16.44% Added +267.0k +267,000
41 Charles Schwab Trust Co 7.29% of their portfolio HENDERSON, NV 3,942,5483.9m $87.1m $87.1m 7.29% Added +382.5k +382,485
42 Curi Capital, LLC 2.09% of their portfolio CHICAGO, IL 3,838,1493.8m $84.7m $84.7m 2.09% Added +7.4k +7,377
43 Steele Capital Management, Inc. 4.41% of their portfolio DUBUQUE, IA 3,829,8383.8m $84.7m $84.7m 4.41% Added +44.6k +44,638
44 Leverty Financial Group, LLC 34.13% of their portfolio HUDSON, WI 3,780,7623.8m $83.5m $83.5m 34.13% Added +1.2m +1,179,570
45 FSA Investment Group, LLC 68.82% of their portfolio Pensacola, FL 3,661,9603.7m $80.9m $80.9m 68.82% Added +193.3k +193,295
46 Marcum Wealth, LLC 6.91% of their portfolio CLEVELAND, OH 3,618,6233.6m $79.9m $79.9m 6.91% Reduced -105.2k -105,249
47 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 3,363,3603.4m $74.7m $74.7m 0.02% Reduced -119.2k -119,159
48 Bangor Savings Bank 6.70% of their portfolio BANGOR, ME 3,214,3703.2m $71.0m $71.0m 6.70% Reduced -294.1k -294,084
49 Cresset Asset Management, LLC 0.35% of their portfolio Chicago, IL 3,118,7453.1m $68.9m $68.9m 0.35% Reduced -762.3k -762,343
50 SIMS INVESTMENT MANAGEMENT, LLC 30.56% of their portfolio CINCINNATI, OH 3,096,6353.1m $68.4m $68.4m 30.56% Added +932.6k +932,616
51 HB Wealth Management, LLC 0.57% of their portfolio Atlanta, GA 3,083,2843.1m $68.1m $68.1m 0.57% Added +77.2k +77,236
52 Integrated Wealth Concepts LLC 0.78% of their portfolio WALTHAM, MA 3,011,8063.0m $66.5m $66.5m 0.78% Reduced -51.0k -50,993
53 Meridian Wealth Partners, LLC 10.36% of their portfolio EXTON, PA 2,940,9322.9m $64.9m $64.9m 10.36% Reduced -51.8k -51,822
54 Cambridge Investment Research Advisors, Inc. 0.21% of their portfolio FAIRFIELD, IA 2,786,4412.8m $61.5m $61.5m 0.21% Reduced -281.4k -281,429
55 Scarborough Advisors, LLC 8.72% of their portfolio ANNAPOLIS, MD 2,773,3432.8m $61.2m $61.2m 8.72% Reduced -706.3k -706,341
56 CacheTech Inc. 11.63% of their portfolio LOGAN, UT 2,752,4072.8m $59.7m $59.7m 11.63% Reduced -221.6k -221,617
57 Adams Wealth Management 11.71% of their portfolio LOGAN, UT 2,702,2002.7m $59.7m $59.7m 11.71% Reduced -226.4k -226,401
58 Focus Partners Wealth 0.15% of their portfolio ST LOUIS, MO 2,669,2592.7m $58.9m $58.9m 0.15% Reduced -2.3m -2,279,758
59 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 11.89% of their portfolio BETHLEHEM, PA 2,629,5192.6m $58.1m $58.1m 11.89% Added +203.2k +203,236
60 RKL Wealth Management LLC 5.34% of their portfolio LANCASTER, PA 2,567,5492.6m $56.7m $56.7m 5.34% Reduced -1.6m -1,552,035
61 Jaffetilchin Investment Partners, LLC 4.09% of their portfolio TAMPA, FL 2,549,2692.5m $56.3m $56.3m 4.09% Added +21.0k +20,953
62 Sequoia Financial Advisors, LLC 0.43% of their portfolio Akron, OH 2,534,4792.5m $56.0m $56.0m 0.43% Added +3.3k +3,315
63 Savant Capital, LLC 0.47% of their portfolio ROCKFORD, IL 2,512,7092.5m $55.5m $55.5m 0.47% Reduced -26.3k -26,312
64 Aptus Capital Advisors, LLC 0.61% of their portfolio FAIRHOPE, AL 2,456,1512.5m $54.2m $54.2m 0.61% Added +60.9k +60,895
65 Baker Avenue Asset Management, LP 1.69% of their portfolio SAN FRANCISCO, CA 2,443,2952.4m $53.9m $53.9m 1.69% Added +211.4k +211,414
66 GUARDIAN WEALTH ADVISORS, LLC / NC 4.21% of their portfolio RALEIGH, NC 2,382,1722.4m $52.6m $52.6m 4.21% Added +52.3k +52,314
67 NewSquare Capital LLC 4.24% of their portfolio NEWTOWN SQUARE, PA 2,372,8092.4m $52.0m $52.0m 4.24% Added +61.9k +61,942
68 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,315,2462.3m $51.1m $51.1m 0.00% Added +120.3k +120,280
69 Legacy Wealth Management, LLC 3.40% of their portfolio MEMPHIS, TN 2,308,3992.3m $51.0m $51.0m 3.40% Added +66.8k +66,784
70 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,277,5662.3m $50.3m $50.3m 0.02% Added +73.6k +73,592
71 Berger Financial Group, Inc 3.46% of their portfolio PLYMOUTH, MN 2,256,8722.3m $49.8m $49.8m 3.46% Reduced -468.5k -468,502
72 Alliance Wealth Management Group 13.12% of their portfolio FLEMINGTON, NJ 2,206,5122.2m $48.7m $48.7m 13.12% Reduced -63.1k -63,113
73 Towercrest Capital Management 9.26% of their portfolio NEWTOWN, PA 2,206,5122.2m $48.7m $48.7m 9.26% Reduced -63.1k -63,113
74 CHOREO, LLC 0.75% of their portfolio ROCKFORD, IL 2,188,7442.2m $48.3m $48.3m 0.75% Reduced -190.2k -190,210
75 Financial Management Professionals, Inc. 6.00% of their portfolio AUSTIN, TX 2,128,2042.1m $47.0m $47.0m 6.00% Added +1.3m +1,306,741
76 Buffington Mohr McNeal 9.17% of their portfolio BOISE, ID 2,106,6672.1m $46.5m $46.5m 9.17% Reduced -1.8k -1,794
77 HARBOUR INVESTMENTS, INC. 1.30% of their portfolio MADISON, WI 2,056,8792.1m $45.4m $45.4m 1.30% Reduced -2.7k -2,725
78 Richardson Capital Management LLC 28.24% of their portfolio MENOMONEE FALLS, WI 2,050,7842.1m $45.3m $45.3m 28.24% Added +314.2k +314,228
79 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.39% of their portfolio IRVING, TX 2,050,1212.1m $45.3m $45.3m 0.39% Reduced -60.3k -60,338
80 McGlone Suttner Wealth Management, Inc. 7.31% of their portfolio APPLETON, WI 2,018,0172.0m $44.6m $44.6m 7.31% Added +14.2k +14,209
81 Pure Financial Advisors, LLC 0.93% of their portfolio SAN DIEGO, CA 2,008,1772.0m $44.3m $44.3m 0.93% Added +2.0m +1,996,882
82 Orion Portfolio Solutions, LLC 0.21% of their portfolio Omaha, NE 1,921,2201.9m $43.5m $43.5m 0.21% Added +951.0k +950,964
83 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,920,1311.9m $42.4m $42.4m 0.01% Added +17.7k +17,710
84 APPLETON PARTNERS INC/MA 3.24% of their portfolio BOSTON, MA 1,898,7271.9m $41.9m $41.9m 3.24% Reduced -22.6k -22,579
85 Embree Financial Group 6.70% of their portfolio Chicago, IL 1,811,8031.8m $40.0m $40.0m 6.70% Added +38.2k +38,172
86 IMA Advisory Services, Inc. 4.74% of their portfolio DENVER, CO 1,809,2751.8m $39.9m $39.9m 4.74% Reduced -33.5k -33,544
87 Courage Miller Partners, LLC 13.53% of their portfolio NORFOLK, VA 1,808,4991.8m $39.9m $39.9m 13.53% Reduced -2.0k -2,010
88 VALLEY NATIONAL ADVISERS INC 7.19% of their portfolio BETHLEHEM, PA 1,803,7361.8m $39.8m $39.8m 7.19% Added +83.1k +83,095
89 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 1,757,4241.8m $38.8m $38.8m 0.05% Added +9.9k +9,942
90 Northeast Financial Group, Inc. 14.27% of their portfolio Allentown, PA 1,732,9701.7m $38.3m $38.3m 14.27% Reduced -5.6k -5,614
91 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,620,4001.6m $35.8m $35.8m 0.01% Added +82.8k +82,805
92 Wilmington Savings Fund Society, FSB 0.66% of their portfolio WILMINGTON, DE 1,595,8761.6m $35.2m $35.2m 0.66% Added +30.8k +30,767
93 OneDigital Investment Advisors LLC 0.42% of their portfolio OVERLAND PARK, KS 1,591,4291.6m $35.1m $35.1m 0.42% Reduced -348.3k -348,264
94 ACCESS FINANCIAL SERVICES, INC. 14.11% of their portfolio MINNEAPOLIS, MN 1,588,2941.6m $35.1m $35.1m 14.11% Added +64.5k +64,459
95 Modera Wealth Management, LLC 0.47% of their portfolio WESTWOOD, NJ 1,577,0661.6m $34.8m $34.8m 0.47% Reduced -33.1k -33,062
96 Strategic Equity Management 14.61% of their portfolio TUCSON, AZ 1,573,9011.6m $34.8m $34.8m 14.61% Reduced -4.5k -4,519
97 PINKERTON WEALTH, LLC 4.47% of their portfolio COEUR D ALENE, ID 1,559,2531.6m $34.4m $34.4m 4.47% Reduced -165.0k -164,961
98 Newman Dignan & Sheerar, Inc. 9.38% of their portfolio PROVIDENCE, RI 1,557,0371.6m $34.4m $34.4m 9.38% Added +60.5k +60,514
99 Schneider Downs Wealth Management Advisors, LP 6.03% of their portfolio Pittsburgh, PA 1,508,2711.5m $33.3m $33.3m 6.03% Added +11.5k +11,455
100 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 1,478,8621.5m $32.7m $32.7m 0.03% Added +191.1k +191,071