Vault-13

SCHWAB STRATEGIC TR SCHV

US LCAP VA ETF · ETP · CUSIP 808524409

883 institutional holders +37 vs Q1 2025
341,295,404341.3m shares reported held*
$9.4bnreported value*
77 new 340 added 271 reduced 49 sold out net bought ≈ $155.1m (+5.8m 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.66. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 641Q4 22: 697Q1 23: 694Q2 23: 688Q3 23: 651Q4 23: 730Q1 24: 755Q2 24: 766Q3 24: 788Q4 24: 827Q1 25: 846Q2 25: 883883Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022641
Q4 2022697
Q1 2023694
Q2 2023688
Q3 2023651
Q4 2023730
Q1 2024755
Q2 2024766
Q3 2024788
Q4 2024827
Q1 2025846
Q2 2025883

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 23: 266 bought or addedQ3 23: 321 cut or sold outQ4 23: 298 bought or addedQ4 23: 293 cut or sold outQ4 23Q1 24: 308 bought or addedQ1 24: 343 cut or sold outQ2 24: 256 bought or addedQ2 24: 346 cut or sold outQ2 24Q3 24: 336 bought or addedQ3 24: 302 cut or sold outQ4 24: 337 bought or addedQ4 24: 338 cut or sold outQ4 24Q1 25: 391 bought or addedQ1 25: 328 cut or sold outQ2 25: 417 bought or addedQ2 25: 320 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023266321
Q4 2023298293
Q1 2024308343
Q2 2024256346
Q3 2024336302
Q4 2024337338
Q1 2025391328
Q2 2025417320

Biggest buyers

SEI INVESTMENTS CO Added +2,420,337+2.4m
EXCHANGE TRADED CONCEPTS, LLC New +1,086,761+1.1m
MONETA GROUP INVESTMENT ADVISORS LLC Added +707,462+707.5k
Merit Financial Group, LLC Added +479,673+479.7k
UBS Group AG Added +445,262+445.3k
ROYAL BANK OF CANADA Added +441,778+441.8k
Mariner, LLC Added +439,870+439.9k
OSAIC HOLDINGS, INC. Added +426,274+426.3k
HighTower Advisors, LLC Added +400,466+400.5k
Compound Planning, Inc. Added +387,359+387.4k

Biggest sellers

World Investment Advisors Reduced -965,737-965.7k
FINANCIAL COUNSELORS INC Reduced -869,128-869.1k
Prime Capital Investment Advisors, LLC Reduced -760,667-760.7k
Geneos Wealth Management Inc. Reduced -682,647-682.6k
Financial Engines Advisors L.L.C. Reduced -658,257-658.3k
BNP PARIBAS FINANCIAL MARKETS Reduced -554,725-554.7k
Wealthcare Advisory Partners LLC Reduced -501,176-501.2k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -443,404-443.4k
Capital Planning LLC Sold out -338,256-338.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -321,114-321.1k

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

None

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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 2.90% of their portfolio SANTA CLARA, CA 52,594,43152.6m $1.5bn $1.5bn 2.90% Reduced -658.3k -658,257
2 SEI INVESTMENTS CO 1.38% of their portfolio OAKS, PA 43,062,19343.1m $1.2bn $1.2bn 1.38% Added +2.4m +2,420,337
3 MATHER GROUP, LLC. 9.75% of their portfolio CHICAGO, IL 32,992,11733.0m $912.9m $912.9m 9.75% Added +7.3k +7,333
4 ENVESTNET ASSET MANAGEMENT INC 0.13% of their portfolio Berwyn, PA 16,167,90016.2m $447.4m $447.4m 0.13% Reduced -321.1k -321,114
5 OSAIC HOLDINGS, INC. 0.59% of their portfolio SCOTTSDALE, AZ 11,980,93112.0m $331.5m $331.5m 0.59% Added +426.3k +426,274
6 Avantax Planning Partners, Inc. 8.73% of their portfolio DUBUQUE, IA 9,946,2009.9m $275.2m $275.2m 8.73% Reduced -81.1k -81,080
7 Mariner, LLC 0.35% of their portfolio Overland Park, KS 8,687,4148.7m $240.4m $240.4m 0.35% Added +439.9k +439,870
8 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.32% of their portfolio PLYMOUTH, MN 6,808,3116.8m $191.7m $191.7m 0.32% Reduced -161.6k -161,606
9 MONETA GROUP INVESTMENT ADVISORS LLC 1.50% of their portfolio ST LOUIS, MO 4,544,9334.5m $125.8m $125.8m 1.50% Added +707.5k +707,462
10 Gemmer Asset Management LLC 10.90% of their portfolio WALNUT CREEK, CA 4,439,3684.4m $122.8m $122.8m 10.90% Added +131.0k +131,048
11 Betterment LLC 0.26% of their portfolio NEW YORK, NY 4,362,2784.4m $120.7m $120.7m 0.26% Reduced -102.0k -101,989
12 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 3,569,1773.6m $98.8m $98.8m 0.03% Added +45.5k +45,462
13 Savant Capital, LLC 0.64% of their portfolio ROCKFORD, IL 3,216,3233.2m $89.0m $89.0m 0.64% Reduced -53.0k -52,959
14 RAINEY & RANDALL WEALTH ADVISORS INC. 14.91% of their portfolio Celebration, FL 2,942,7532.9m $81.4m $81.4m 14.91% Added +28.8k +28,766
15 Mokosak Advisory Group, LLC 22.78% of their portfolio URBANDALE, IA 2,911,4302.9m $80.6m $80.6m 22.78% Added +45.9k +45,858
16 Financial Advisors, LLC 13.68% of their portfolio ANDOVER, MA 2,653,6862.7m $73.4m $73.4m 13.68% Reduced -46.9k -46,940
17 HighTower Advisors, LLC 0.09% of their portfolio CHICAGO, IL 2,628,7872.6m $72.7m $72.7m 0.09% Added +400.5k +400,466
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,574,1472.6m $71.2m $71.2m 0.00% Reduced -3.0k -3,015
19 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,368,8692.4m $65.5m $65.5m 0.01% Added +445.3k +445,262
20 Krilogy Financial LLC 3.63% of their portfolio ST. LOUIS, MO 2,286,5622.3m $63.3m $63.3m 3.63% Added +42.4k +42,415
21 CX Institutional 2.03% of their portfolio AUBURN, IN 2,105,5872.1m $58.3m $58.3m 2.03% Added +196.3k +196,308
22 Compound Planning, Inc. 1.97% of their portfolio NEW YORK, NY 1,881,4371.9m $52.1m $52.1m 1.97% Added +387.4k +387,359
23 Cooper Financial Group 6.10% of their portfolio IRVINE, CA 1,875,0331.9m $51.9m $51.9m 6.10% Added +305.7k +305,732
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,827,1491.8m $50.6m $50.6m 0.00% Added +97.2k +97,222
25 AVANTAX ADVISORY SERVICES, INC. 0.28% of their portfolio DALLAS, TX 1,815,6931.8m $50.2m $50.2m 0.28% Added +56.9k +56,892
26 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.39% of their portfolio IRVING, TX 1,733,3261.7m $48.0m $48.0m 0.39% Reduced -151.3k -151,322
27 Focus Partners Advisor Solutions, LLC 0.64% of their portfolio SAINT LOUIS, MO 1,732,9411.7m $48.0m $48.0m 0.64% Reduced -195.8k -195,803
28 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 12.23% of their portfolio EAGLE, ID 1,646,9261.6m $45.6m $45.6m 12.23% Added +8.6k +8,630
29 GenWealth Group, Inc. 8.58% of their portfolio Maplewood, NJ 1,537,4511.5m $42.5m $42.5m 8.58% Added +104.5k +104,526
30 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,449,9631.4m $40.1m $40.1m 0.01% Reduced -195.5k -195,515
31 Brady Martz Wealth Solutions, LLC 7.47% of their portfolio GRAND FORKS, ND 1,396,3451.4m $38.6m $38.6m 7.47% Reduced -192.4k -192,354
32 HRC WEALTH MANAGEMENT, LLC 18.82% of their portfolio Moscow, ID 1,276,0231.3m $35.3m $35.3m 18.82% Added +76.2k +76,181
33 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,227,4301.2m $34.0m $34.0m 0.06% Added +46.5k +46,457
34 XML Financial, LLC 2.89% of their portfolio BETHESDA, MD 1,204,6711.2m $33.3m $33.3m 2.89% Added +35.1k +35,078
35 DRAVO BAY LLC 15.87% of their portfolio REHOBOTH BEACH, DE 1,163,6591.2m $32.8m $32.8m 15.87% Added +4.8k +4,783
36 OneDigital Investment Advisors LLC 0.36% of their portfolio OVERLAND PARK, KS 1,155,9741.2m $32.0m $32.0m 0.36% Reduced -85.3k -85,335
37 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,149,9331.1m $31.8m $31.8m 0.01% Added +124.1k +124,084
38 Northern Capital Management, Inc. 18.70% of their portfolio SPOKANE, WA 1,148,8871.1m $31.8m $31.8m 18.70% Reduced -27.1k -27,065
39 FAS Wealth Partners, Inc. 2.33% of their portfolio LEAWOOD, KS 1,138,9421.1m $31.5m $31.5m 2.33% Added +5.1k +5,053
40 BALLAST ADVISORS LLC 9.26% of their portfolio WOODBURY, MN 1,136,2851.1m $31.4m $31.4m 9.26% Added +287 +287
41 MIdWestOne Financial Group, Inc. 4.05% of their portfolio Iowa City, IA 1,128,1081.1m $31.2m $31.2m 4.05% Reduced -19.7k -19,702
42 Envestnet Portfolio Solutions, Inc. 0.11% of their portfolio BERWYN, PA 1,125,8581.1m $31.2m $31.2m 0.11% Added +86.6k +86,594
43 Dodds Wealth, LLC 8.24% of their portfolio GREENWOOD VILLAGE, CO 1,110,4611.1m $30.7m $30.7m 8.24% Added +4.5k +4,483
44 Veery Capital, LLC 10.50% of their portfolio Wilmington, DE 1,103,3421.1m $30.5m $30.5m 10.50% Added +62.0k +62,012
45 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,099,5291.1m $30.4m $30.4m 0.00% Added +315.2k +315,242
46 EXCHANGE TRADED CONCEPTS, LLC 0.38% of their portfolio Oklahoma City, OK 1,086,7611.1m $30.1m $30.1m 0.38% New
47 Summit Asset Management, LLC 4.81% of their portfolio MEMPHIS, TN 1,067,4411.1m $29.5m $29.5m 4.81% Added +21.1k +21,050
48 Beacon Pointe Advisors, LLC 0.31% of their portfolio NEWPORT BEACH, CA 1,062,4221.1m $29.4m $29.4m 0.31% Added +85.7k +85,679
49 MARSHALL FINANCIAL GROUP INC /ADV 8.70% of their portfolio DOYLESTOWN, PA 1,050,7181.1m $29.1m $29.1m 8.70% Reduced -327 -327
50 Black Diamond Financial, LLC 4.42% of their portfolio TOWSON, MD 1,029,5941.0m $28.5m $28.5m 4.42% Reduced -193.5k -193,525
51 Teamwork Financial Advisors, LLC 3.39% of their portfolio San Antonio, TX 999,701999.7k $27.7m $27.7m 3.39% Added +319.4k +319,430
52 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 995,771995.8k $27.6m $27.6m 0.05% Added +280.3k +280,257
53 GHP Investment Advisors, Inc. 1.21% of their portfolio Denver, CO 985,530985.5k $27.3m $27.3m 1.21% Added +12.2k +12,158
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 982,852982.9k $27.2m $27.2m 0.00% Added +441.8k +441,778
55 MAI Capital Management 0.19% of their portfolio INDEPENDENCE, OH 976,343976.3k $27.0m $27.0m 0.19% Reduced -228 -228
56 Midwest Trust Co 0.36% of their portfolio Overland Park, KS 945,455945.5k $26.2m $26.2m 0.36% First filing
57 Tradition Wealth Management, LLC 2.09% of their portfolio EDINA, MN 943,657943.7k $26.1m $26.1m 2.09% Added +9.1k +9,104
58 Financial Advisors Network, Inc. 3.83% of their portfolio TUSTIN, CA 915,554915.6k $25.3m $25.3m 3.83% Added +46.4k +46,399
59 Merit Financial Group, LLC 0.26% of their portfolio ALPHARETTA, GA 851,158851.2k $23.6m $23.6m 0.26% Added +479.7k +479,673
60 Ally Invest Advisors Inc. 1.82% of their portfolio CHARLOTTE, NC 842,086842.1k $23.3m $23.3m 1.82% Added +32.3k +32,300
61 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 832,273832.3k $23.0m $23.0m 0.07% Added +35.8k +35,793
62 Focus Financial Network, Inc. 0.90% of their portfolio MINNEAPOLIS, MN 827,972828.0k $22.9m $22.9m 0.90% Reduced -191.9k -191,926
63 Prime Capital Investment Advisors, LLC 0.29% of their portfolio OVERLAND PARK, KS 802,341802.3k $22.2m $22.2m 0.29% Reduced -760.7k -760,667
64 Persium Advisors, LLC 18.00% of their portfolio ATLANTA, GA 785,894785.9k $21.7m $21.7m 18.00% Added +36.0k +36,035
65 SAGE FINANCIAL GROUP INC 1.58% of their portfolio W. CONSHOHOCKEN, PA 775,264775.3k $21.5m $21.5m 1.58% Reduced -8.8k -8,830
66 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 772,113772.1k $21.4m $21.4m 0.02% Added +11.4k +11,444
67 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.35% of their portfolio MINNEAPOLIS, MN 761,893761.9k $21.1m $21.1m 0.35% Reduced -12.4k -12,356
68 FINANCIAL COUNSELORS INC 29.36% of their portfolio Overland Park, KS 749,981750.0k $20.8m $20.8m 29.36% Reduced -869.1k -869,128
69 Noble Family Wealth, LLC 4.89% of their portfolio Clearwater, FL 723,329723.3k $20.0m $20.0m 4.89% Added +52.0k +52,009
70 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 704,545704.5k $19.5m $19.5m 0.01% Added +44.7k +44,742
71 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 700,914700.9k $19.4m $19.4m 0.09% Added +169.8k +169,775
72 Meriwether Wealth & Planning, LLC 12.06% of their portfolio MINDEN, LA 695,293695.3k $19.2m $19.2m 12.06% Added +27.3k +27,291
73 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 693,618693.6k $19.2m $19.2m 0.06% Added +107.1k +107,088
74 Ethos Financial Group, LLC 1.59% of their portfolio KING OF PRUSSIA, PA 669,217669.2k $18.5m $18.5m 1.59% Added +82.9k +82,907
75 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 667,556667.6k $18.5m $18.5m 0.04% Added +285.5k +285,495
76 Denver PWM, LLC 5.71% of their portfolio DENVER, CO 661,712661.7k $18.3m $18.3m 5.71% Added +22.6k +22,607
77 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 656,713656.7k $18.2m $18.2m 0.04% Added +6.4k +6,441
78 Seneca Financial Advisors LLC 6.96% of their portfolio ROCHESTER, NY 652,489652.5k $18.1m $18.1m 6.96% Reduced -34.6k -34,632
79 JBGlobal.com LLC 18.15% of their portfolio NEW YORK, NY 631,175631.2k $17.5m $17.5m 18.15% Reduced -11.2k -11,218
80 KEELER & NADLER FINANCIAL PLANNING & WEALTH MANAGEMENT 6.84% of their portfolio Dublin, OH 618,080618.1k $17.1m $17.1m 6.84% Added +18.8k +18,837
81 Garde Capital, Inc. 0.91% of their portfolio SEATTLE, WA 613,396613.4k $17.0m $17.0m 0.91% Reduced -15.7k -15,661
82 Cape Investment Advisory, Inc. 6.09% of their portfolio MCDONOUGH, GA 602,557602.6k $16.7m $16.7m 6.09% Added +1.4k +1,358
83 Mutual Advisors, LLC 0.43% of their portfolio OMAHA, NE 601,228601.2k $17.1m $17.1m 0.43% Added +6.9k +6,904
84 USAdvisors Wealth Management, LLC 6.08% of their portfolio EDEN PRAIRIE, MN 590,975591.0k $16.4m $16.4m 6.08% Added +68.5k +68,547
85 Cornerstone Wealth Advisors, Inc. 4.19% of their portfolio EDINA, MN 585,360585.4k $16.2m $16.2m 4.19% Added +8.2k +8,226
86 Waverly Advisors, LLC 0.18% of their portfolio BIRMINGHAM, AL 581,588581.6k $16.1m $16.1m 0.18% Added +50.1k +50,108
87 Perigon Wealth Management, LLC 0.37% of their portfolio SAN FRANCISCO, CA 580,077580.1k $16.1m $16.1m 0.37% Reduced -4.3k -4,295
88 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 576,136576.1k $15.9m $15.9m 0.02% Reduced -443.4k -443,404
89 Geneos Wealth Management Inc. 0.39% of their portfolio ENGLEWOOD, CO 573,156573.2k $15.9m $15.9m 0.39% Reduced -682.6k -682,647
90 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 572,290572.3k $15.8m $15.8m 0.01% Added +12.4k +12,429
91 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 560,034560.0k $15.5m $15.5m 0.03% Reduced -133.1k -133,123
92 LCNB CORP 5.34% of their portfolio LEBANON, OH 548,735548.7k $15.2m $15.2m 5.34% Added +71.6k +71,562
93 Global Strategic Investment Solutions, LLC 1.58% of their portfolio Scottsdale, AZ 533,804533.8k $14.8m $14.8m 1.58% Added +8.5k +8,531
94 Martel Wealth Advisors LLC 2.68% of their portfolio VANCOUVER, WA 522,059522.1k $14.4m $14.4m 2.68% Reduced -10.0k -9,988
95 Seek First Inc. 11.61% of their portfolio Campbell, CA 518,131518.1k $14.3m $14.3m 11.61% Added +34.2k +34,193
96 BANK HAPOALIM BM 1.83% of their portfolio TEL AVIV, L3 504,000504.0k $13.4m $13.4m 1.83% Unchanged
97 Whitaker-Myers Wealth Managers, LTD. 3.40% of their portfolio Mansfield, OH 488,069488.1k $13.5m $13.5m 3.40% Added +111.5k +111,536
98 rebel Financial LLC 6.02% of their portfolio GROVEPORT, OH 477,459477.5k $13.2m $13.2m 6.02% First filing
99 Payne Capital Management, LLC 4.96% of their portfolio New York, NY 465,555465.6k $12.9m $12.9m 4.96% Added +2.8k +2,783
100 Goepper Burkhardt LLC 4.74% of their portfolio GREENVILLE, SC 464,973465.0k $12.9m $12.9m 4.74% Added +1.7k +1,742