Vault-13

SCHWAB STRATEGIC TR SCHG

US LCAP GR ETF · ETP · CUSIP 808524300

944 institutional holders +50 vs Q1 2023
149,396,301149.4m shares reported held*
$11.2bnreported value*
81 new 374 added 316 reduced 33 sold out net bought ≈ $274.0m (+3.8m 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 ($14.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $74.80. Options: 4 managers hold calls ($8.6m notional), 4 hold puts ($2.9m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 792Q4 22: 861Q1 23: 894Q2 23: 944944Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022792
Q4 2022861
Q1 2023894
Q2 2023944

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 23Q2 23: 455 bought or addedQ2 23: 349 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022415314
Q1 2023429347
Q2 2023455349

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 0.19Q2 23 calls: $8.6mQ2 23 puts: $2.9mQ2 23P/C 0.34
Numbers
QuarterCallsPutsP/C
Q3 2022$3.1m$718.0k0.23
Q4 2022$4.2m$979.3k0.23
Q1 2023$8.9m$1.7m0.19
Q2 2023$8.6m$2.9m0.34

Biggest buyers

Angeles Investment Advisors, LLC Added +1,891,300+1.9m
MORGAN STANLEY Added +742,747+742.7k
ENVESTNET ASSET MANAGEMENT INC Added +707,740+707.7k
Financial Management Professionals, Inc. Added +473,662+473.7k
One Capital Management, LLC Added +455,256+455.3k
AMERIPRISE FINANCIAL INC Added +361,456+361.5k
Modera Wealth Management, LLC Added +293,790+293.8k
IFP Advisors, Inc Added +281,741+281.7k
Bishop & Co Investment Management, LLC Added +260,140+260.1k
TOTAL INVESTMENT MANAGEMENT INC Added +219,718+219.7k

Biggest sellers

Financial Engines Advisors L.L.C. Reduced -1,632,698-1.6m
Fund Evaluation Group, LLC Reduced -638,780-638.8k
FORT PITT CAPITAL GROUP, LLC Reduced -410,413-410.4k
SEI INVESTMENTS CO Reduced -362,449-362.4k
Avantax Planning Partners, Inc. Reduced -357,111-357.1k
OSAIC HOLDINGS, INC. Reduced -313,106-313.1k
Clark Capital Management Group, Inc. Reduced -240,913-240.9k
Krilogy Financial LLC Reduced -204,881-204.9k
BANK OF AMERICA CORP /DE/ Reduced -204,272-204.3k
Sage Financial Management Group, Inc. Sold out -155,115-155.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.4m85.3k shares
CITADEL ADVISORS LLC Reduced $2.1m28.6k shares
Cutler Group LLC / CA Added $24.0k3.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.0m26.7k shares
IAMS WEALTH MANAGEMENT, LLC New $553.0k7.5k shares
CITADEL ADVISORS LLC Reduced $382.2k5.1k shares
Cutler Group LLC / CA Reduced $0900 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 Financial Engines Advisors L.L.C. 2.75% of their portfolio SANTA CLARA, CA 14,459,02614.5m $1.1bn $1.1bn 2.75% Reduced -1.6m -1,632,698
2 MATHER GROUP, LLC. 11.38% of their portfolio CHICAGO, IL 9,522,4519.5m $713.7m $713.7m 11.38% Reduced -10.1k -10,145
3 SEI INVESTMENTS CO 1.12% of their portfolio OAKS, PA 8,585,6618.6m $643.5m $643.5m 1.12% Reduced -362.4k -362,449
4 OSAIC HOLDINGS, INC. 0.88% of their portfolio SCOTTSDALE, AZ 6,555,2516.6m $491.2m $491.2m 0.88% Reduced -313.1k -313,106
5 ENVESTNET ASSET MANAGEMENT INC 0.20% of their portfolio Berwyn, PA 6,122,4816.1m $458.9m $458.9m 0.20% Added +707.7k +707,740
6 Avantax Planning Partners, Inc. 15.71% of their portfolio DUBUQUE, IA 5,272,3105.3m $395.2m $395.2m 15.71% Reduced -357.1k -357,111
7 Mariner, LLC 0.70% of their portfolio Overland Park, KS 3,514,0853.5m $263.4m $263.4m 0.70% Reduced -78.8k -78,773
8 Angeles Investment Advisors, LLC 21.54% of their portfolio SANTA MONICA, CA 3,409,3003.4m $255.5m $255.5m 21.54% Added +1.9m +1,891,300
9 Raymond James Financial Services Advisors, Inc. 0.42% of their portfolio ST. PETERSBURG, FL 3,148,6363.1m $236.0m $236.0m 0.42% Added +90.4k +90,448
10 Fund Evaluation Group, LLC 16.36% of their portfolio CINCINNATI, OH 2,413,6582.4m $180.9m $180.9m 16.36% Reduced -638.8k -638,780
11 LPL Financial LLC 0.13% of their portfolio FORT MILL, SC 2,376,5802.4m $178.1m $178.1m 0.13% Added +190.4k +190,380
12 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 2,158,8572.2m $161.8m $161.8m 0.05% Added +361.5k +361,456
13 FORT PITT CAPITAL GROUP, LLC 5.50% of their portfolio Pittsburgh, PA 1,995,6022.0m $149.6m $149.6m 5.50% Reduced -410.4k -410,413
14 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,870,5671.9m $140.2m $140.2m 0.01% Added +742.7k +742,747
15 McAdam, LLC 9.55% of their portfolio Philadelphia, PA 1,544,4411.5m $115.8m $115.8m 9.55% Added +49.1k +49,096
16 CWM, LLC 0.65% of their portfolio OMAHA, NE 1,392,3931.4m $104.4m $104.4m 0.65% Added +77.9k +77,875
17 Thrive Wealth Management, LLC 24.66% of their portfolio AUDUBON, PA 1,270,8771.3m $95.3m $95.3m 24.66% Reduced -116.7k -116,700
18 Focus Financial Network, Inc. 4.98% of their portfolio MINNEAPOLIS, MN 1,195,2561.2m $89.6m $89.6m 4.98% Reduced -6.1k -6,119
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.11% of their portfolio MILWAUKEE, WI 1,166,3311.2m $87.4m $87.4m 0.11% Added +68.6k +68,557
20 Marquette Asset Management, LLC 20.88% of their portfolio MINNEAPOLIS, MN 1,123,0581.1m $84.2m $84.2m 20.88% Reduced -16.3k -16,349
21 HHM Wealth Advisors, LLC 15.62% of their portfolio CHATTANOOGA, TN 1,111,6011.1m $83.3m $83.3m 15.62% Added +11.7k +11,680
22 HighTower Advisors, LLC 0.15% of their portfolio CHICAGO, IL 1,034,8481.0m $77.5m $77.5m 0.15% Added +4.1k +4,133
23 Financial Advisors, LLC 16.97% of their portfolio ANDOVER, MA 950,253950.3k $71.2m $71.2m 16.97% Added +3.2k +3,250
24 ASSETMARK, INC 0.28% of their portfolio CONCORD, CA 936,439936.4k $70.2m $70.2m 0.28% Added +29.3k +29,329
25 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 910,547910.5k $68.2m $68.2m 0.01% Reduced -204.3k -204,272
26 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 880,967881.0k $66.0m $66.0m 0.01% Added +213.7k +213,709
27 Krilogy Financial LLC 5.93% of their portfolio ST. LOUIS, MO 880,353880.4k $66.0m $66.0m 5.93% Reduced -204.9k -204,881
28 MONETA GROUP INVESTMENT ADVISORS LLC 1.41% of their portfolio ST LOUIS, MO 850,392850.4k $63.7m $63.7m 1.41% Added +55.3k +55,263
29 MML INVESTORS SERVICES, LLC 0.35% of their portfolio SPRINGFIELD, MA 840,694840.7k $63.0m $63.0m 0.35% Added +191.1k +191,056
30 COMMONWEALTH EQUITY SERVICES, LLC 0.13% of their portfolio WALTHAM, MA 839,235839.2k $62.9m $62.9m 0.13% Reduced -25.8k -25,836
31 TOTAL INVESTMENT MANAGEMENT INC 7.90% of their portfolio SCOTTSDALE, AZ 812,919812.9k $60.9m $60.9m 7.90% Added +219.7k +219,718
32 Cetera Advisor Networks LLC 0.41% of their portfolio EL SEGUNDO, CA 797,189797.2k $59.7m $59.7m 0.41% Added +75.1k +75,094
33 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.30% of their portfolio IRVING, TX 726,124726.1k $54.4m $54.4m 0.30% Reduced -65.5k -65,489
34 Brio Consultants, LLC 9.74% of their portfolio SAN FRANCISCO, CA 718,752718.8k $53.9m $53.9m 9.74% Added +122.4k +122,410
35 TRUIST FINANCIAL CORP 0.09% of their portfolio CHARLOTTE, NC 686,556686.6k $51.5m $51.5m 0.09% Added +35.1k +35,131
36 OneDigital Investment Advisors LLC 1.13% of their portfolio OVERLAND PARK, KS 681,935681.9k $51.1m $51.1m 1.13% Reduced -85.9k -85,904
37 Legacy Financial Strategies, LLC 16.70% of their portfolio OVERLAND PARK, KS 666,337666.3k $49.9m $49.9m 16.70% Added +20.6k +20,609
38 Prime Capital Investment Advisors, LLC 0.97% of their portfolio OVERLAND PARK, KS 659,162659.2k $49.4m $49.4m 0.97% Added +28.3k +28,303
39 Beacon Pointe Advisors, LLC 0.80% of their portfolio NEWPORT BEACH, CA 654,845654.8k $49.1m $49.1m 0.80% Added +53.6k +53,642
40 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.34% of their portfolio MINNEAPOLIS, MN 638,261638.3k $47.8m $47.8m 1.34% Reduced -10.6k -10,639
41 Tradition Wealth Management, LLC 5.31% of their portfolio EDINA, MN 632,436632.4k $45.5m $45.5m 5.31% Added +33.0k +32,977
42 Clark Capital Management Group, Inc. 0.37% of their portfolio PHILADELPHIA, PA 553,819553.8k $41.5m $41.5m 0.37% Reduced -240.9k -240,913
43 One Capital Management, LLC 1.86% of their portfolio WESTLAKE VILLAGE, CA 549,967550.0k $41.2m $41.2m 1.86% Added +455.3k +455,256
44 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 543,845543.8k $40.6m $40.6m 0.09% Added +59.3k +59,309
45 IFP Advisors, Inc 0.90% of their portfolio TAMPA, FL 540,760540.8k $40.8m $40.8m 0.90% Added +281.7k +281,741
46 FINANCIAL COUNSELORS INC 0.82% of their portfolio Overland Park, KS 539,881539.9k $40.5m $40.5m 0.82% Reduced -34.0k -34,042
47 Kelman-Lazarov, Inc. 9.56% of their portfolio MEMPHIS, TN 530,692530.7k $39.8m $39.8m 9.56% Reduced -17.6k -17,630
48 Gemmer Asset Management LLC 5.13% of their portfolio WALNUT CREEK, CA 502,929502.9k $37.7m $37.7m 5.13% Added +12.8k +12,807
49 Cetera Investment Advisers 0.32% of their portfolio SCHAUMBURG, IL 500,343500.3k $37.5m $37.5m 0.32% Added +52.1k +52,116
50 RAINEY & RANDALL WEALTH ADVISORS INC. 11.08% of their portfolio Celebration, FL 497,617497.6k $37.3m $37.3m 11.08% Added +40.7k +40,705
51 FORTE CAPITAL LLC /ADV 5.32% of their portfolio ROCHESTER, NY 492,378492.4k $36.9m $36.9m 5.32% Added +25.9k +25,880
52 UBS Group AG 0.02% of their portfolio ZURICH, V8 474,324474.3k $35.6m $35.6m 0.02% Reduced -6.9k -6,856
53 Financial Management Professionals, Inc. 5.94% of their portfolio AUSTIN, TX 473,720473.7k $35.5m $35.5m 5.94% Added +473.7k +473,662
54 Nadler Financial Group, Inc. 5.17% of their portfolio DEERFIELD, IL 471,766471.8k $35.4m $35.4m 5.17% Reduced -4.1k -4,070
55 Kestra Advisory Services, LLC 0.35% of their portfolio AUSTIN, TX 471,575471.6k $35.3m $35.3m 0.35% Reduced -45.0k -44,989
56 Avior Wealth Management, LLC 2.29% of their portfolio OMAHA, NE 469,842469.8k $35.2m $35.2m 2.29% Added +45.8k +45,774
57 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 468,571468.6k $35.1m $35.1m 0.05% Reduced -9.9k -9,925
58 LOWE BROCKENBROUGH & CO INC 2.55% of their portfolio RICHMOND, VA 451,639451.6k $33.9m $33.9m 2.55% Added +25.2k +25,227
59 Cornerstone Wealth Advisors, Inc. 11.62% of their portfolio EDINA, MN 450,321450.3k $33.8m $33.8m 11.62% Reduced -2.8k -2,807
60 HB Wealth Management, LLC 0.53% of their portfolio Atlanta, GA 444,261444.3k $33.3m $33.3m 0.53% Reduced -17.3k -17,312
61 Cerity Partners LLC 0.13% of their portfolio NEW YORK, NY 441,592441.6k $33.1m $33.1m 0.13% Added +3.7k +3,660
62 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 434,936434.9k $32.6m $32.6m 0.01% Added +36.0k +35,976
63 Koshinski Asset Management, Inc. 3.49% of their portfolio DECATUR, IL 434,104434.1k $32.5m $32.5m 3.49% Reduced -108.1k -108,056
64 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 430,291430.3k $32.3m $32.3m 0.01% Reduced -5.4k -5,361
65 Stratos Wealth Advisors, LLC 2.19% of their portfolio BEACHWOOD, OH 411,698411.7k $30.9m $30.9m 2.19% Added +53.7k +53,722
66 Cambridge Investment Research Advisors, Inc. 0.14% of their portfolio FAIRFIELD, IA 408,763408.8k $30.6m $30.6m 0.14% Added +53.8k +53,787
67 Northern Capital Management, Inc. 23.18% of their portfolio SPOKANE, WA 406,857406.9k $30.5m $30.5m 23.18% Added +49.6k +49,628
68 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 392,367392.4k $29.4m $29.4m 0.05% Reduced -94.9k -94,906
69 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 11.33% of their portfolio EAGLE, ID 384,389384.4k $28.8m $28.8m 11.33% Added +3.3k +3,291
70 Main Street Financial Solutions, LLC 3.81% of their portfolio NEWTOWN, PA 377,592377.6k $28.3m $28.3m 3.81% Added +17.2k +17,200
71 Mokosak Advisory Group, LLC 10.85% of their portfolio URBANDALE, IA 366,247366.2k $27.5m $27.5m 10.85% Reduced -6.9k -6,940
72 Invst, LLC 3.89% of their portfolio INDIANAPOLIS, IN 359,074359.1k $26.9m $26.9m 3.89% Reduced -9.5k -9,504
73 UNIQUE WEALTH, LLC 11.72% of their portfolio TAMPA, FL 357,996358.0k $26.8m $26.8m 11.72% Added +15.7k +15,686
74 GHP Investment Advisors, Inc. 1.54% of their portfolio Denver, CO 354,768354.8k $26.4m $26.4m 1.54% Reduced -171 -171
75 Private Wealth Strategies, L.L.C. 6.38% of their portfolio New Albany, OH 354,303354.3k $26.6m $26.6m 6.38% Reduced -2.0k -2,050
76 Financial Synergies Wealth Advisors, Inc. 3.68% of their portfolio HOUSTON, TX 349,606349.6k $26.2m $26.2m 3.68% Added +8.5k +8,511
77 Schneider Downs Wealth Management Advisors, LP 5.91% of their portfolio Pittsburgh, PA 345,082345.1k $25.9m $25.9m 5.91% Reduced -7.4k -7,419
78 MARSHALL FINANCIAL GROUP INC /ADV 9.80% of their portfolio DOYLESTOWN, PA 341,243341.2k $25.6m $25.6m 9.80% Added +309 +309
79 Berger Financial Group, Inc 2.87% of their portfolio PLYMOUTH, MN 337,775337.8k $25.3m $25.3m 2.87% Added +27.9k +27,860
80 Triton Wealth Management, PLLC 14.13% of their portfolio SUN CITY, AZ 331,436331.4k $25.1m $25.1m 14.13% Added +17.1k +17,110
81 Integrated Wealth Concepts LLC 0.43% of their portfolio WALTHAM, MA 331,113331.1k $24.8m $24.8m 0.43% Added +12.6k +12,649
82 Visionary Wealth Advisors 1.98% of their portfolio O'FALLON, IL 329,250329.2k $24.7m $24.7m 1.98% Reduced -51.8k -51,838
83 FLC Capital Advisors 7.19% of their portfolio PALM DESERT, CA 328,020328.0k $24.6m $24.6m 7.19% Added +20.7k +20,709
84 Summit Asset Management, LLC 6.45% of their portfolio MEMPHIS, TN 326,611326.6k $24.5m $24.5m 6.45% Reduced -5.0k -5,031
85 AJ WEALTH STRATEGIES, LLC 1.17% of their portfolio NEW YORK, NY 323,545323.5k $24.2m $24.2m 1.17% Reduced -3.3k -3,344
86 XML Financial, LLC 2.77% of their portfolio BETHESDA, MD 318,940318.9k $23.9m $23.9m 2.77% Added +45.1k +45,075
87 Dechtman Wealth Management, LLC 7.11% of their portfolio CENTENNIAL, CO 318,583318.6k $23.9m $23.9m 7.11% First filing
88 AE Wealth Management LLC 0.14% of their portfolio TOPEKA, KS 318,395318.4k $23.9m $23.9m 0.14% Added +89.0k +89,035
89 Modera Wealth Management, LLC 0.41% of their portfolio WESTWOOD, NJ 301,003301.0k $22.6m $22.6m 0.41% Added +293.8k +293,790
90 ProVise Management Group, LLC 2.01% of their portfolio CLEARWATER, FL 295,882295.9k $22.2m $22.2m 2.01% Reduced -20.9k -20,850
91 Milestone Investment Advisors LLC 6.83% of their portfolio MIDDLETON, WI 294,470294.5k $22.1m $22.1m 6.83% Added +9.3k +9,330
92 Garde Capital, Inc. 1.81% of their portfolio SEATTLE, WA 290,614290.6k $21.8m $21.8m 1.81% Reduced -6.3k -6,315
93 Goepper Burkhardt LLC 13.09% of their portfolio GREENVILLE, SC 289,482289.5k $21.7m $21.7m 13.09% Added +7.4k +7,397
94 B&D White Capital Company, LLC 7.49% of their portfolio Lakeway, TX 289,430289.4k $21.7m $21.7m 7.49% Added +155.6k +155,585
95 Cetera Advisors LLC 0.33% of their portfolio DENVER, CO 282,638282.6k $21.2m $21.2m 0.33% Added +24.4k +24,375
96 Carlsbad Wealth Advisory Group, Inc. 13.65% of their portfolio CARLSBAD, CA 282,450282.4k $21.2m $21.2m 13.65% First filing
97 Capital Planning LLC 8.18% of their portfolio BELLEVUE, WA 279,864279.9k $21.0m $21.0m 8.18% Reduced -6.0k -6,003
98 AVANTAX ADVISORY SERVICES, INC. 0.24% of their portfolio DALLAS, TX 278,874278.9k $20.9m $20.9m 0.24% Added +8.1k +8,114
99 Bleakley Financial Group, LLC 0.65% of their portfolio PARSIPPANY, NJ 278,257278.3k $20.9m $20.9m 0.65% Reduced -3.8k -3,838
100 Simplicity Solutions, LLC 0.57% of their portfolio MINNEAPOLIS, MN 278,040278.0k $20.8m $20.8m 0.57% Reduced -3.8k -3,840