Vault-13

SCHWAB STRATEGIC TR SCHG

US LCAP GR ETF · ETP · CUSIP 808524300

1,097 institutional holders +122 vs Q3 2023
160,751,502160.8m shares reported held*
$13.3bnreported value*
101 new 410 added 359 reduced 44 sold out net bought ≈ $559.6m (+6.8m 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 ($5.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $82.84. Options: 6 managers hold calls ($17.3m notional), 4 hold puts ($3.7m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 792Q4 22: 861Q1 23: 894Q2 23: 944Q3 23: 975Q4 23: 1,0971,097Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022792
Q4 2022861
Q1 2023894
Q2 2023944
Q3 2023975
Q4 20231,097

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 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 23Q3 23: 437 bought or addedQ3 23: 416 cut or sold outQ3 23Q4 23: 511 bought or addedQ4 23: 403 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022415314
Q1 2023429347
Q2 2023455349
Q3 2023437416
Q4 2023511403

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ1 23 calls: $8.9mQ1 23 puts: $1.7mQ1 23P/C 0.19Q2 23 calls: $8.6mQ2 23 puts: $2.9mQ2 23P/C 0.34Q3 23 calls: $8.5mQ3 23 puts: $2.6mQ3 23P/C 0.31Q4 23 calls: $17.3mQ4 23 puts: $3.7mQ4 23P/C 0.21
Numbers
QuarterCallsPutsP/C
Q1 2023$8.9m$1.7m0.19
Q2 2023$8.6m$2.9m0.34
Q3 2023$8.5m$2.6m0.31
Q4 2023$17.3m$3.7m0.21

Biggest buyers

MORGAN STANLEY Added +1,969,109+2.0m
ENVESTNET ASSET MANAGEMENT INC Added +1,617,687+1.6m
JPMORGAN CHASE & CO Added +1,387,079+1.4m
AMERIPRISE FINANCIAL INC Added +488,176+488.2k
GOLDMAN SACHS GROUP INC Added +346,965+347.0k
SEI INVESTMENTS CO Added +341,684+341.7k
Lido Advisors, LLC New +316,764+316.8k
Cerity Partners LLC Added +307,228+307.2k
World Investment Advisors Added +302,422+302.4k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +291,600+291.6k

Biggest sellers

OSAIC HOLDINGS, INC. Reduced -1,371,863-1.4m
Financial Engines Advisors L.L.C. Reduced -668,485-668.5k
Strategic Investment Solutions, Inc. /IL Reduced -617,257-617.3k
MATHER GROUP, LLC. Reduced -399,913-399.9k
Koshinski Asset Management, Inc. Reduced -373,691-373.7k
WIN ADVISORS, INC Reduced -360,830-360.8k
LOWE BROCKENBROUGH & CO INC Reduced -262,851-262.9k
Rollins Financial Sold out -230,804-230.8k
Avantax Planning Partners, Inc. Reduced -200,657-200.7k
Meridian Wealth Management, LLC Reduced -138,834-138.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $12.4m149.0k shares
CITADEL ADVISORS LLC Added $3.2m38.0k shares
WOLVERINE TRADING, LLC Added $1.4m16.9k shares
JANE STREET GROUP, LLC New $265.5k3.2k shares
Cutler Group LLC / CA Added $128.0k47.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.0m24.4k shares
WOLVERINE TRADING, LLC Added $1.2m14.4k shares
CITADEL ADVISORS LLC Reduced $481.2k5.8k shares
Cutler Group LLC / CA Added $1.0k5.7k 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 Financial Engines Advisors L.L.C. 2.37% of their portfolio SANTA CLARA, CA 12,130,37112.1m $1.0bn $1.0bn 2.37% Reduced -668.5k -668,485
2 MATHER GROUP, LLC. 11.75% of their portfolio CHICAGO, IL 9,024,2379.0m $748.7m $748.7m 11.75% Reduced -399.9k -399,913
3 SEI INVESTMENTS CO 1.20% of their portfolio OAKS, PA 9,004,3839.0m $747.0m $747.0m 1.20% Added +341.7k +341,684
4 ENVESTNET ASSET MANAGEMENT INC 0.27% of their portfolio Berwyn, PA 7,938,9827.9m $658.6m $658.6m 0.27% Added +1.6m +1,617,687
5 OSAIC HOLDINGS, INC. 0.91% of their portfolio SCOTTSDALE, AZ 6,264,9006.3m $519.8m $519.8m 0.91% Reduced -1.4m -1,371,863
6 Avantax Planning Partners, Inc. 15.59% of their portfolio DUBUQUE, IA 4,931,6674.9m $409.1m $409.1m 15.59% Reduced -200.7k -200,657
7 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,794,6743.8m $314.8m $314.8m 0.01% Added +2.0m +1,969,109
8 Mariner, LLC 0.72% of their portfolio Overland Park, KS 3,673,8113.7m $304.8m $304.8m 0.72% Added +55.3k +55,293
9 Raymond James Financial Services Advisors, Inc. 0.43% of their portfolio ST. PETERSBURG, FL 3,222,0903.2m $267.3m $267.3m 0.43% Added +118.7k +118,673
10 LPL Financial LLC 0.14% of their portfolio FORT MILL, SC 2,733,2702.7m $226.8m $226.8m 0.14% Added +191.4k +191,424
11 AMERIPRISE FINANCIAL INC 0.07% of their portfolio MINNEAPOLIS, MN 2,714,7832.7m $225.2m $225.2m 0.07% Added +488.2k +488,176
12 Fund Evaluation Group, LLC 14.25% of their portfolio CINCINNATI, OH 2,359,4002.4m $195.7m $195.7m 14.25% Reduced -81.0k -81,015
13 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,337,6862.3m $193.9m $193.9m 0.01% Added +1.4m +1,387,079
14 FORT PITT CAPITAL GROUP, LLC 5.36% of their portfolio Pittsburgh, PA 1,968,1002.0m $163.3m $163.3m 5.36% Reduced -31.3k -31,270
15 Angeles Investment Advisors, LLC 9.02% of their portfolio SANTA MONICA, CA 1,803,2001.8m $149.6m $149.6m 9.02% Added +41.0k +41,000
16 McAdam, LLC 10.04% of their portfolio Philadelphia, PA 1,678,3081.7m $139.2m $139.2m 10.04% Added +58.1k +58,102
17 CWM, LLC 0.69% of their portfolio OMAHA, NE 1,553,0991.6m $128.8m $128.8m 0.69% Added +90.3k +90,316
18 FOCUS FINANCIAL NETWORK INC /ADV 4.58% of their portfolio Minneapolis, MN 1,467,6501.5m $121.8m $121.8m 4.58% First filing
19 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,381,3501.4m $114.6m $114.6m 0.01% Added +142.9k +142,885
20 Thrive Wealth Management, LLC 22.89% of their portfolio AUDUBON, PA 1,239,7801.2m $102.9m $102.9m 22.89% Added +4.8k +4,846
21 MML INVESTORS SERVICES, LLC 0.44% of their portfolio SPRINGFIELD, MA 1,154,4821.2m $95.8m $95.8m 0.44% Added +273.5k +273,515
22 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.10% of their portfolio MILWAUKEE, WI 1,096,6071.1m $91.0m $91.0m 0.10% Added +291.6k +291,600
23 HighTower Advisors, LLC 0.14% of their portfolio CHICAGO, IL 1,006,7081.0m $83.5m $83.5m 0.14% Reduced -26.7k -26,717
24 Marquette Asset Management, LLC 15.34% of their portfolio MINNEAPOLIS, MN 1,003,8221.0m $83.3m $83.3m 15.34% Reduced -86.3k -86,259
25 HHM Wealth Advisors, LLC 13.52% of their portfolio CHATTANOOGA, TN 936,215936.2k $77.7m $77.7m 13.52% Reduced -31.7k -31,663
26 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.22% of their portfolio PLYMOUTH, MN 918,315918.3k $76.2m $76.2m 0.22% Reduced -22.4k -22,394
27 Financial Advisors, LLC 16.81% of their portfolio ANDOVER, MA 903,976904.0k $75.0m $75.0m 16.81% Reduced -18.3k -18,268
28 MONETA GROUP INVESTMENT ADVISORS LLC 1.47% of their portfolio ST LOUIS, MO 896,203896.2k $74.3m $74.3m 1.47% Added +41.9k +41,860
29 COMMONWEALTH EQUITY SERVICES, LLC 0.13% of their portfolio WALTHAM, MA 839,204839.2k $69.6m $69.6m 0.13% Reduced -12.5k -12,464
30 Krilogy Financial LLC 5.79% of their portfolio ST. LOUIS, MO 819,019819.0k $67.9m $67.9m 5.79% Reduced -51.0k -51,016
31 ASSETMARK, INC 0.25% of their portfolio CONCORD, CA 817,960818.0k $67.9m $67.9m 0.25% Reduced -23.6k -23,610
32 Cetera Advisor Networks LLC 0.37% of their portfolio EL SEGUNDO, CA 808,004808.0k $67.0m $67.0m 0.37% Added +5.1k +5,094
33 Cerity Partners LLC 0.22% of their portfolio NEW YORK, NY 802,058802.1k $66.5m $66.5m 0.22% Added +307.2k +307,228
34 Tradition Wealth Management, LLC 5.91% of their portfolio EDINA, MN 732,232732.2k $56.5m $56.5m 5.91% Added +99.1k +99,117
35 Beacon Pointe Advisors, LLC 0.73% of their portfolio NEWPORT BEACH, CA 731,606731.6k $60.7m $60.7m 0.73% Added +10.7k +10,669
36 Brio Consultants, LLC 10.64% of their portfolio SAN FRANCISCO, CA 722,603722.6k $59.9m $59.9m 10.64% Reduced -3.4k -3,441
37 Legacy Financial Strategies, LLC 15.65% of their portfolio OVERLAND PARK, KS 661,542661.5k $54.9m $54.9m 15.65% Added +12.0k +11,993
38 Granite Bay Wealth Management, LLC 0.44% of their portfolio PORTSMOUTH, NH 636,814636.8k $49.3m $49.3m 0.44% Reduced -39.4k -39,352
39 TRUIST FINANCIAL CORP 0.08% of their portfolio CHARLOTTE, NC 636,153636.2k $52.8m $52.8m 0.08% Reduced -20.4k -20,405
40 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.43% of their portfolio IRVING, TX 630,107630.1k $52.3m $52.3m 0.43% Reduced -56.0k -56,017
41 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.23% of their portfolio MINNEAPOLIS, MN 597,521597.5k $49.6m $49.6m 1.23% Reduced -23.6k -23,560
42 Thrivent Financial for Lutherans 0.11% of their portfolio Minneapolis, MN 590,616590.6k $49.0m $49.0m 0.11% Added +33.4k +33,429
43 Prime Capital Investment Advisors, LLC 0.74% of their portfolio OVERLAND PARK, KS 589,019589.0k $48.9m $48.9m 0.74% Reduced -2.0k -2,011
44 OneDigital Investment Advisors LLC 0.85% of their portfolio OVERLAND PARK, KS 588,079588.1k $48.8m $48.8m 0.85% Reduced -51.3k -51,293
45 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 552,958553.0k $45.9m $45.9m 0.01% Added +70.0k +70,050
46 FINANCIAL COUNSELORS INC 0.82% of their portfolio Overland Park, KS 551,243551.2k $45.7m $45.7m 0.82% Added +25.6k +25,560
47 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 550,930550.9k $45.7m $45.7m 0.01% Added +98.2k +98,172
48 One Capital Management, LLC 1.79% of their portfolio WESTLAKE VILLAGE, CA 543,593543.6k $45.1m $45.1m 1.79% Reduced -33.0k -32,968
49 RAINEY & RANDALL WEALTH ADVISORS INC. 11.36% of their portfolio Celebration, FL 536,718536.7k $44.5m $44.5m 11.36% Added +12.8k +12,839
50 Envestnet Portfolio Solutions, Inc. 0.18% of their portfolio BERWYN, PA 527,483527.5k $43.8m $43.8m 0.18% Added +199.2k +199,152
51 HRC WEALTH MANAGEMENT, LLC 36.28% of their portfolio Moscow, ID 508,191508.2k $42.2m $42.2m 36.28% First filing
52 Kelman-Lazarov, Inc. 9.10% of their portfolio MEMPHIS, TN 506,846506.8k $42.0m $42.0m 9.10% Reduced -10.8k -10,793
53 Creative Planning 0.08% of their portfolio OVERLAND PARK, KS 503,434503.4k $41.8m $41.8m 0.08% Reduced -51.1k -51,146
54 Kestra Advisory Services, LLC 0.33% of their portfolio AUSTIN, TX 497,099497.1k $41.2m $41.2m 0.33% Reduced -3.7k -3,741
55 MAI Capital Management 0.54% of their portfolio INDEPENDENCE, OH 494,181494.2k $41.0m $41.0m 0.54% Reduced -6.9k -6,927
56 Financial Management Professionals, Inc. 6.67% of their portfolio AUSTIN, TX 493,176493.2k $40.9m $40.9m 6.67% Added +477 +477
57 FORTE CAPITAL LLC /ADV 5.54% of their portfolio ROCHESTER, NY 487,917487.9k $40.5m $40.5m 5.54% Added +1.2k +1,229
58 Gemmer Asset Management LLC 4.96% of their portfolio WALNUT CREEK, CA 486,830486.8k $40.4m $40.4m 4.96% Reduced -5.5k -5,530
59 BURKETT FINANCIAL SERVICES, LLC 22.44% of their portfolio ROCK HILL, SC 485,683485.7k $40.3m $40.3m 22.44% First filing
60 Northern Capital Management, Inc. 35.99% of their portfolio SPOKANE, WA 484,851484.9k $40.2m $40.2m 35.99% Added +11.8k +11,767
61 Clark Capital Management Group, Inc. 0.32% of their portfolio PHILADELPHIA, PA 475,472475.5k $39.4m $39.4m 0.32% Added +95.5k +95,459
62 UBS Group AG 0.02% of their portfolio ZURICH, V8 475,358475.4k $39.4m $39.4m 0.02% Added +2.8k +2,816
63 Dechtman Wealth Management, LLC 10.31% of their portfolio CENTENNIAL, CO 472,648472.6k $39.2m $39.2m 10.31% Added +80.2k +80,183
64 Cetera Investment Advisers 0.32% of their portfolio SCHAUMBURG, IL 471,888471.9k $39.1m $39.1m 0.32% Added +39.8k +39,769
65 Stratos Wealth Advisors, LLC 2.25% of their portfolio BEACHWOOD, OH 471,852471.9k $39.1m $39.1m 2.25% Added +28.8k +28,809
66 Cambridge Investment Research Advisors, Inc. 0.17% of their portfolio FAIRFIELD, IA 467,010467.0k $38.7m $38.7m 0.17% Reduced -5.0k -4,971
67 Nadler Financial Group, Inc. 5.21% of their portfolio DEERFIELD, IL 466,243466.2k $38.7m $38.7m 5.21% Reduced -9.6k -9,642
68 Cornerstone Wealth Advisors, Inc. 12.12% of their portfolio EDINA, MN 451,456451.5k $37.5m $37.5m 12.12% Added +4.1k +4,071
69 Avior Wealth Management, LLC 2.16% of their portfolio OMAHA, NE 430,168430.2k $35.7m $35.7m 2.16% Reduced -15.4k -15,386
70 MinichMacGregor Wealth Management, LLC 10.02% of their portfolio Saratoga Springs, NY 418,192418.2k $34.7m $34.7m 10.02% Added +163.9k +163,878
71 HB Wealth Management, LLC 0.50% of their portfolio Atlanta, GA 415,946415.9k $34.5m $34.5m 0.50% Reduced -17.8k -17,758
72 XML Financial, LLC 3.50% of their portfolio BETHESDA, MD 399,879399.9k $33.2m $33.2m 3.50% Added +12.5k +12,524
73 Main Street Financial Solutions, LLC 4.21% of their portfolio NEWTOWN, PA 392,652392.7k $32.6m $32.6m 4.21% Added +4.3k +4,344
74 Berger Financial Group, Inc 3.32% of their portfolio PLYMOUTH, MN 386,712386.7k $32.1m $32.1m 3.32% Added +17.0k +17,039
75 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 13.36% of their portfolio EAGLE, ID 381,058381.1k $31.6m $31.6m 13.36% Reduced -4.6k -4,582
76 AVANTAX ADVISORY SERVICES, INC. 0.31% of their portfolio DALLAS, TX 377,630377.6k $31.3m $31.3m 0.31% Added +84.5k +84,528
77 Schneider Downs Wealth Management Advisors, LP 8.14% of their portfolio Pittsburgh, PA 377,306377.3k $31.3m $31.3m 8.14% Added +28.4k +28,390
78 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 373,181373.2k $31.0m $31.0m 0.04% Added +92.1k +92,144
79 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 369,223369.2k $30.6m $30.6m 0.01% Added +347.0k +346,965
80 GHP Investment Advisors, Inc. 1.62% of their portfolio Denver, CO 360,530360.5k $29.9m $29.9m 1.62% Added +1.4k +1,430
81 Mokosak Advisory Group, LLC 10.52% of their portfolio URBANDALE, IA 353,415353.4k $29.3m $29.3m 10.52% Reduced -4.8k -4,788
82 World Investment Advisors 3.78% of their portfolio LINCROFT, NJ 350,501350.5k $29.1m $29.1m 3.78% Added +302.4k +302,422
83 Private Wealth Strategies, L.L.C. 6.33% of their portfolio New Albany, OH 343,558343.6k $28.5m $28.5m 6.33% Reduced -5.4k -5,440
84 Cetera Advisors LLC 0.39% of their portfolio DENVER, CO 339,065339.1k $28.1m $28.1m 0.39% Added +19.4k +19,423
85 Invst, LLC 3.79% of their portfolio INDIANAPOLIS, IN 335,632335.6k $29.6m $29.6m 3.79% Reduced -6.9k -6,861
86 Financial Synergies Wealth Advisors, Inc. 2.77% of their portfolio HOUSTON, TX 322,324322.3k $17.9m $17.9m 2.77% Reduced -13.1k -13,102
87 Visionary Wealth Advisors 1.96% of their portfolio O'FALLON, IL 322,231322.2k $26.7m $26.7m 1.96% Added +9.8k +9,777
88 Summit Asset Management, LLC 6.36% of their portfolio MEMPHIS, TN 320,537320.5k $26.6m $26.6m 6.36% Reduced -3.7k -3,709
89 UNIQUE WEALTH, LLC 8.61% of their portfolio TAMPA, FL 320,363320.4k $26.6m $26.6m 8.61% Added +381 +381
90 MARSHALL FINANCIAL GROUP INC /ADV 9.46% of their portfolio DOYLESTOWN, PA 319,415319.4k $26.5m $26.5m 9.46% Reduced -4.4k -4,398
91 Lido Advisors, LLC 0.19% of their portfolio Los Angeles, CA 316,764316.8k $19.1m $19.1m 0.19% New
92 Rollins Financial Advisors, LLC 5.48% of their portfolio ATLANTA, GA 316,406316.4k $26.2m $26.2m 5.48% First filing
93 Triton Wealth Management, PLLC 16.60% of their portfolio SUN CITY, AZ 312,960313.0k $25.3m $25.3m 16.60% Added +2.9k +2,949
94 FLC Capital Advisors 6.96% of their portfolio PALM DESERT, CA 311,254311.3k $25.8m $25.8m 6.96% Reduced -16.2k -16,202
95 Bleakley Financial Group, LLC 0.80% of their portfolio PARSIPPANY, NJ 304,743304.7k $25.3m $25.3m 0.80% Added +6.7k +6,662
96 Simplicity Solutions, LLC 0.69% of their portfolio MINNEAPOLIS, MN 304,611304.6k $25.3m $25.3m 0.69% Added +6.7k +6,748
97 Provident Wealth Management, LLC 11.04% of their portfolio BRENTWOOD, TN 303,553303.6k $25.2m $25.2m 11.04% Added +52.6k +52,572
98 B&D White Capital Company, LLC 7.82% of their portfolio Lakeway, TX 303,156303.2k $25.1m $25.1m 7.82% Added +1.6k +1,603
99 Goepper Burkhardt LLC 13.56% of their portfolio GREENVILLE, SC 301,283301.3k $27.3m $27.3m 13.56% Added +7.4k +7,395
100 PARK AVENUE SECURITIES LLC 0.34% of their portfolio NEW YORK, NY 299,024299.0k $24.8m $24.8m 0.34% Added +50.7k +50,652