Vault-13

SCHWAB STRATEGIC TR SCHG

US LCAP GR ETF · ETP · CUSIP 808524300

894 institutional holders +33 vs Q4 2022
145,634,705145.6m shares reported held*
$9.5bnreported value*
76 new 353 added 306 reduced 41 sold out net bought ≈ $250.1m (+4.8m 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 ($16.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $65.13. Options: 4 managers hold calls ($8.9m notional), 3 hold puts ($1.7m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 792Q4 22: 861Q1 23: 894894Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022792
Q4 2022861
Q1 2023894

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 415 bought or addedQ4 22: 314 cut or sold outQ4 22Q1 23: 429 bought or addedQ1 23: 347 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022415314
Q1 2023429347

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 22 calls: $3.1mQ3 22 puts: $718.0kQ3 22P/C 0.23Q4 22 calls: $4.2mQ4 22 puts: $979.3kQ4 22P/C 0.23Q1 23 calls: $8.9mQ1 23 puts: $1.7mQ1 23P/C 0.19
Numbers
QuarterCallsPutsP/C
Q3 2022$3.1m$718.0k0.23
Q4 2022$4.2m$979.3k0.23
Q1 2023$8.9m$1.7m0.19

Biggest buyers

Angeles Investment Advisors, LLC New +1,518,000+1.5m
McAdam, LLC Added +849,362+849.4k
MATHER GROUP, LLC. Added +618,478+618.5k
TOTAL INVESTMENT MANAGEMENT INC Added +580,845+580.8k
ENVESTNET ASSET MANAGEMENT INC Added +491,890+491.9k
FORTE CAPITAL LLC /ADV Added +461,746+461.7k
OSAIC HOLDINGS, INC. Added +460,426+460.4k
APPLETON GROUP, LLC Added +311,078+311.1k
Simplicity Solutions, LLC Added +269,691+269.7k
BANK OF AMERICA CORP /DE/ Added +235,713+235.7k

Biggest sellers

Avantax Planning Partners, Inc. Reduced -1,010,193-1.0m
Global Strategic Investment Solutions, LLC Reduced -976,518-976.5k
Financial Engines Advisors L.L.C. Reduced -348,198-348.2k
UBS Group AG Reduced -219,684-219.7k
Verdence Capital Advisors LLC Reduced -200,190-200.2k
Baird Financial Group, Inc. Reduced -171,158-171.2k
Revolve Wealth Partners, LLC Reduced -154,263-154.3k
Pegasus Partners Ltd. Reduced -145,910-145.9k
Fund Evaluation Group, LLC Reduced -138,871-138.9k
Creative Planning Reduced -133,005-133.0k

Biggest calls

CITADEL ADVISORS LLC Added $5.0m76.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.9m59.4k shares
Cutler Group LLC / CA Reduced $5.0k1.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $1.1m16.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $619.1k9.5k shares
Cutler Group LLC / CA Added $4.0k4.5k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 2.78% of their portfolio SANTA CLARA, CA 16,091,72416.1m $1.0bn $1.0bn 2.78% Reduced -348.2k -348,198
2 MATHER GROUP, LLC. 11.04% of their portfolio CHICAGO, IL 9,532,5969.5m $621.2m $621.2m 11.04% Added +618.5k +618,478
3 SEI INVESTMENTS CO 1.08% of their portfolio OAKS, PA 8,948,1108.9m $583.1m $583.1m 1.08% Added +198.1k +198,059
4 OSAIC HOLDINGS, INC. 0.84% of their portfolio SCOTTSDALE, AZ 6,868,3576.9m $447.9m $447.9m 0.84% Added +460.4k +460,426
5 Avantax Planning Partners, Inc. 14.90% of their portfolio DUBUQUE, IA 5,629,4215.6m $366.9m $366.9m 14.90% Reduced -1.0m -1,010,193
6 ENVESTNET ASSET MANAGEMENT INC 0.17% of their portfolio Berwyn, PA 5,414,7415.4m $352.9m $352.9m 0.17% Added +491.9k +491,890
7 Mariner, LLC 0.68% of their portfolio Overland Park, KS 3,592,8583.6m $234.1m $234.1m 0.68% Added +100.3k +100,272
8 Raymond James Financial Services Advisors, Inc. 0.38% of their portfolio ST. PETERSBURG, FL 3,058,1883.1m $199.3m $199.3m 0.38% Added +99.8k +99,757
9 Fund Evaluation Group, LLC 21.52% of their portfolio CINCINNATI, OH 3,052,4383.1m $198.9m $198.9m 21.52% Reduced -138.9k -138,871
10 FORT PITT CAPITAL GROUP, LLC 6.04% of their portfolio Pittsburgh, PA 2,406,0152.4m $156.8m $156.8m 6.04% Added +108.7k +108,667
11 LPL Financial LLC 0.11% of their portfolio FORT MILL, SC 2,186,2002.2m $142.5m $142.5m 0.11% Added +24.5k +24,480
12 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,797,4011.8m $117.2m $117.2m 0.04% Added +174.5k +174,528
13 Angeles Investment Advisors, LLC 8.14% of their portfolio SANTA MONICA, CA 1,518,0001.5m $98.9m $98.9m 8.14% New
14 McAdam, LLC 8.77% of their portfolio Philadelphia, PA 1,495,3451.5m $97.5m $97.5m 8.77% Added +849.4k +849,362
15 Thrive Wealth Management, LLC 23.18% of their portfolio AUDUBON, PA 1,387,5771.4m $90.4m $90.4m 23.18% Added +62.2k +62,159
16 CWM, LLC 0.58% of their portfolio OMAHA, NE 1,314,5181.3m $85.7m $85.7m 0.58% Added +14.4k +14,374
17 Focus Financial Network, Inc. 4.87% of their portfolio MINNEAPOLIS, MN 1,201,3751.2m $78.3m $78.3m 4.87% Added +49.3k +49,328
18 Marquette Asset Management, LLC 19.73% of their portfolio MINNEAPOLIS, MN 1,139,4071.1m $74.3m $74.3m 19.73% Reduced -34.8k -34,780
19 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,127,8201.1m $73.5m $73.5m 0.01% Reduced -36.4k -36,445
20 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,114,8191.1m $72.7m $72.7m 0.01% Added +235.7k +235,713
21 HHM Wealth Advisors, LLC 14.64% of their portfolio CHATTANOOGA, TN 1,099,9211.1m $71.7m $71.7m 14.64% Added +157.0k +157,014
22 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.10% of their portfolio MILWAUKEE, WI 1,097,7741.1m $71.5m $71.5m 0.10% Added +26.2k +26,158
23 Krilogy Financial LLC 5.94% of their portfolio ST. LOUIS, MO 1,085,2341.1m $70.7m $70.7m 5.94% Reduced -9.6k -9,622
24 HighTower Advisors, LLC 0.15% of their portfolio CHICAGO, IL 1,030,7151.0m $67.2m $67.2m 0.15% Added +148.9k +148,864
25 Financial Advisors, LLC 15.63% of their portfolio ANDOVER, MA 947,003947.0k $61.7m $61.7m 15.63% Added +48.3k +48,251
26 ASSETMARK, INC 0.24% of their portfolio CONCORD, CA 907,110907.1k $59.1m $59.1m 0.24% Reduced -81.7k -81,721
27 COMMONWEALTH EQUITY SERVICES, LLC 0.12% of their portfolio WALTHAM, MA 865,071865.1k $56.4m $56.4m 0.12% Reduced -89.7k -89,677
28 MONETA GROUP INVESTMENT ADVISORS LLC 1.24% of their portfolio ST LOUIS, MO 795,129795.1k $51.8m $51.8m 1.24% Added +159.3k +159,327
29 Clark Capital Management Group, Inc. 0.58% of their portfolio PHILADELPHIA, PA 794,732794.7k $51.8m $51.8m 0.58% Reduced -64.0k -64,003
30 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.29% of their portfolio IRVING, TX 791,613791.6k $51.6m $51.6m 0.29% Reduced -28.4k -28,365
31 OneDigital Investment Advisors LLC 1.17% of their portfolio OVERLAND PARK, KS 767,839767.8k $50.0m $50.0m 1.17% Reduced -43.9k -43,941
32 Cetera Advisor Networks LLC 0.35% of their portfolio EL SEGUNDO, CA 722,095722.1k $47.1m $47.1m 0.35% Added +82.0k +82,018
33 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 667,258667.3k $43.5m $43.5m 0.01% Added +6.6k +6,642
34 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 651,425651.4k $42.5m $42.5m 0.07% Added +70.3k +70,293
35 MML INVESTORS SERVICES, LLC 0.30% of their portfolio SPRINGFIELD, MA 649,638649.6k $42.3m $42.3m 0.30% Reduced -92.7k -92,739
36 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.25% of their portfolio MINNEAPOLIS, MN 648,900648.9k $42.3m $42.3m 1.25% Added +6.3k +6,344
37 Legacy Financial Strategies, LLC 15.60% of their portfolio OVERLAND PARK, KS 645,728645.7k $42.1m $42.1m 15.60% Added +145.6k +145,607
38 Prime Capital Investment Advisors, LLC 1.69% of their portfolio OVERLAND PARK, KS 630,859630.9k $41.1m $41.1m 1.69% Reduced -29.9k -29,892
39 Beacon Pointe Advisors, LLC 0.67% of their portfolio NEWPORT BEACH, CA 601,203601.2k $39.2m $39.2m 0.67% Added +41.6k +41,629
40 Tradition Wealth Management, LLC 4.87% of their portfolio EDINA, MN 599,459599.5k $39.2m $39.2m 4.87% Reduced -33.4k -33,379
41 Brio Consultants, LLC 7.19% of their portfolio SAN FRANCISCO, CA 596,342596.3k $38.9m $38.9m 7.19% Added +26.6k +26,570
42 TOTAL INVESTMENT MANAGEMENT INC 7.38% of their portfolio SCOTTSDALE, AZ 593,201593.2k $38.7m $38.7m 7.38% Added +580.8k +580,845
43 FINANCIAL COUNSELORS INC 0.81% of their portfolio Overland Park, KS 573,923573.9k $37.4m $37.4m 0.81% Reduced -49.7k -49,690
44 Kelman-Lazarov, Inc. 9.27% of their portfolio MEMPHIS, TN 548,322548.3k $35.7m $35.7m 9.27% Added +7.2k +7,215
45 Koshinski Asset Management, Inc. 3.45% of their portfolio DECATUR, IL 542,160542.2k $35.3m $35.3m 3.45% Added +37.7k +37,725
46 Kestra Advisory Services, LLC 0.36% of their portfolio AUSTIN, TX 516,564516.6k $33.7m $33.7m 0.36% Reduced -75.0k -75,043
47 Gemmer Asset Management LLC 4.67% of their portfolio WALNUT CREEK, CA 490,122490.1k $31.9m $31.9m 4.67% Reduced -5.0k -5,012
48 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 487,273487.3k $31.8m $31.8m 0.05% Reduced -16.7k -16,746
49 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 484,536484.5k $31.4m $31.4m 0.08% Reduced -62.8k -62,794
50 UBS Group AG 0.01% of their portfolio ZURICH, V8 481,180481.2k $31.4m $31.4m 0.01% Reduced -219.7k -219,684
51 Creative Planning 0.04% of their portfolio OVERLAND PARK, KS 478,496478.5k $31.2m $31.2m 0.04% Reduced -133.0k -133,005
52 Nadler Financial Group, Inc. 4.94% of their portfolio DEERFIELD, IL 475,836475.8k $31.0m $31.0m 4.94% Added +12.3k +12,290
53 FORTE CAPITAL LLC /ADV 4.65% of their portfolio ROCHESTER, NY 466,498466.5k $30.4m $30.4m 4.65% Added +461.7k +461,746
54 HB Wealth Management, LLC 0.52% of their portfolio Atlanta, GA 461,573461.6k $30.1m $30.1m 0.52% Reduced -11.5k -11,510
55 RAINEY & RANDALL WEALTH ADVISORS INC. 9.55% of their portfolio Celebration, FL 456,912456.9k $29.8m $29.8m 9.55% Added +18.1k +18,111
56 Cornerstone Wealth Advisors, Inc. 10.73% of their portfolio EDINA, MN 453,128453.1k $29.5m $29.5m 10.73% Added +30.7k +30,689
57 Cetera Investment Advisers 0.26% of their portfolio SCHAUMBURG, IL 448,227448.2k $29.2m $29.2m 0.26% Added +74.0k +73,992
58 Cerity Partners LLC 0.07% of their portfolio NEW YORK, NY 437,932437.9k $28.5m $28.5m 0.07% Added +5.0k +5,022
59 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 435,652435.7k $28.4m $28.4m 0.01% Added +23.9k +23,930
60 LOWE BROCKENBROUGH & CO INC 2.25% of their portfolio RICHMOND, VA 426,412426.4k $27.8m $27.8m 2.25% Added +67.9k +67,889
61 Avior Wealth Management, LLC 1.90% of their portfolio OMAHA, NE 424,068424.1k $27.6m $27.6m 1.90% Reduced -48.6k -48,650
62 Transparent Wealth Partners LLC 19.75% of their portfolio LITTLE ROCK, AR 414,629414.6k $27.0m $27.0m 19.75% Added +2.1k +2,088
63 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 398,960399.0k $26.0m $26.0m 0.01% Added +60.6k +60,626
64 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 9.29% of their portfolio EAGLE, ID 381,098381.1k $24.8m $24.8m 9.29% Added +22.3k +22,329
65 Visionary Wealth Advisors 2.10% of their portfolio O'FALLON, IL 381,088381.1k $24.8m $24.8m 2.10% Reduced -46.6k -46,601
66 Mokosak Advisory Group, LLC 10.36% of their portfolio URBANDALE, IA 373,187373.2k $24.3m $24.3m 10.36% Added +21.5k +21,486
67 Invst, LLC 3.74% of their portfolio INDIANAPOLIS, IN 368,578368.6k $24.2m $24.2m 3.74% Reduced -6.7k -6,693
68 Main Street Financial Solutions, LLC 3.44% of their portfolio NEWTOWN, PA 360,392360.4k $23.5m $23.5m 3.44% Added +14.4k +14,416
69 Stratos Wealth Advisors, LLC 1.80% of their portfolio BEACHWOOD, OH 357,976358.0k $23.3m $23.3m 1.80% Reduced -91.1k -91,104
70 Northern Capital Management, Inc. 19.95% of their portfolio SPOKANE, WA 357,229357.2k $23.3m $23.3m 19.95% Added +8.5k +8,501
71 Private Wealth Strategies, L.L.C. 5.88% of their portfolio New Albany, OH 356,353356.4k $23.2m $23.2m 5.88% Added +28.7k +28,687
72 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 354,976355.0k $23.1m $23.1m 0.11% Reduced -37.8k -37,783
73 GHP Investment Advisors, Inc. 1.47% of their portfolio Denver, CO 354,939354.9k $23.1m $23.1m 1.47% Added +26.6k +26,581
74 Schneider Downs Wealth Management Advisors, LP 4.72% of their portfolio Pittsburgh, PA 352,501352.5k $23.0m $23.0m 4.72% Added +9.4k +9,360
75 UNIQUE WEALTH, LLC 10.81% of their portfolio TAMPA, FL 342,310342.3k $22.3m $22.3m 10.81% Added +18.9k +18,920
76 Financial Synergies Wealth Advisors, Inc. 3.26% of their portfolio HOUSTON, TX 341,095341.1k $22.2m $22.2m 3.26% Added +18.8k +18,771
77 MARSHALL FINANCIAL GROUP INC /ADV 9.03% of their portfolio DOYLESTOWN, PA 340,934340.9k $22.2m $22.2m 9.03% Added +2.5k +2,494
78 Summit Asset Management, LLC 5.95% of their portfolio MEMPHIS, TN 331,642331.6k $21.6m $21.6m 5.95% Added +4.4k +4,402
79 AJ WEALTH STRATEGIES, LLC 1.11% of their portfolio NEW YORK, NY 326,889326.9k $21.3m $21.3m 1.11% Reduced -118.6k -118,587
80 APPLETON GROUP, LLC 41.34% of their portfolio APPLETON, WI 325,369325.4k $21.2m $21.2m 41.34% Added +311.1k +311,078
81 Integrated Wealth Concepts LLC 0.43% of their portfolio WALTHAM, MA 318,464318.5k $20.8m $20.8m 0.43% Reduced -12.3k -12,299
82 ProVise Management Group, LLC 1.97% of their portfolio CLEARWATER, FL 316,732316.7k $20.6m $20.6m 1.97% Reduced -23.0k -23,018
83 Triton Wealth Management, PLLC 13.97% of their portfolio SUN CITY, AZ 314,326314.3k $22.8m $22.8m 13.97% Reduced -28.7k -28,651
84 Berger Financial Group, Inc 2.43% of their portfolio PLYMOUTH, MN 309,915309.9k $20.2m $20.2m 2.43% Added +21.6k +21,613
85 FLC Capital Advisors 6.12% of their portfolio PALM DESERT, CA 307,311307.3k $20.0m $20.0m 6.12% Added +14.3k +14,319
86 Parsec Financial Management, Inc. 0.82% of their portfolio ASHEVILLE, NC 300,439300.4k $19.6m $19.6m 0.82% Reduced -11.9k -11,869
87 Garde Capital, Inc. 2.12% of their portfolio SEATTLE, WA 296,929296.9k $19.4m $19.4m 2.12% Reduced -1.5k -1,522
88 Aspen Wealth Strategies, LLC 14.76% of their portfolio ARVADA, CO 292,072292.1k $19.0m $19.0m 14.76% Reduced -6.8k -6,801
89 Capital Planning LLC 7.70% of their portfolio BELLEVUE, WA 285,867285.9k $18.6m $18.6m 7.70% Added +23.1k +23,080
90 Milestone Investment Advisors LLC 5.74% of their portfolio MIDDLETON, WI 285,140285.1k $18.6m $18.6m 5.74% Added +9.3k +9,348
91 Bleakley Financial Group, LLC 0.61% of their portfolio PARSIPPANY, NJ 282,095282.1k $18.4m $18.4m 0.61% Reduced -615 -615
92 Goepper Burkhardt LLC 12.03% of their portfolio GREENVILLE, SC 282,085282.1k $18.4m $18.4m 12.03% Added +12.3k +12,301
93 Simplicity Solutions, LLC 0.48% of their portfolio MINNEAPOLIS, MN 281,880281.9k $18.4m $18.4m 0.48% Added +269.7k +269,691
94 MERCER GLOBAL ADVISORS INC /ADV 0.08% of their portfolio DENVER, CO 278,355278.4k $18.1m $18.1m 0.08% Reduced -37.4k -37,417
95 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 276,990277.0k $18.1m $18.1m 0.03% Added +51.6k +51,632
96 XML Financial, LLC 2.17% of their portfolio BETHESDA, MD 273,865273.9k $17.8m $17.8m 2.17% Reduced -7.4k -7,406
97 AVANTAX ADVISORY SERVICES, INC. 0.22% of their portfolio DALLAS, TX 270,760270.8k $17.6m $17.6m 0.22% Reduced -45.3k -45,305
98 BALLAST ADVISORS LLC 6.74% of their portfolio WOODBURY, MN 259,101259.1k $16.9m $16.9m 6.74% Added +506 +506
99 IFP Advisors, Inc 0.86% of their portfolio TAMPA, FL 259,019259.0k $19.7m $19.7m 0.86% Reduced -122.1k -122,079
100 Cetera Advisors LLC 0.28% of their portfolio DENVER, CO 258,263258.3k $16.8m $16.8m 0.28% Added +10.5k +10,544