Vault-13

SCHWAB STRATEGIC TR SCHV

US LCAP VA ETF · ETP · CUSIP 808524409

869 institutional holders -14 vs Q2 2025
352,717,851352.7m shares reported held*
$10.3bnreported value*
52 new 336 added 299 reduced 54 sold out net bought ≈ $424.4m (+14.4m 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 ≈ $29.14.

Trends to Q3 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: 883Q3 25: 869869Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025869

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 23: 298 bought or addedQ4 23: 293 cut or sold outQ1 24: 308 bought or addedQ1 24: 343 cut or sold outQ1 24Q2 24: 256 bought or addedQ2 24: 346 cut or sold outQ3 24: 336 bought or addedQ3 24: 302 cut or sold outQ3 24Q4 24: 337 bought or addedQ4 24: 338 cut or sold outQ1 25: 391 bought or addedQ1 25: 328 cut or sold outQ1 25Q2 25: 417 bought or addedQ2 25: 320 cut or sold outQ3 25: 388 bought or addedQ3 25: 353 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023298293
Q1 2024308343
Q2 2024256346
Q3 2024336302
Q4 2024337338
Q1 2025391328
Q2 2025417320
Q3 2025388353

Biggest buyers

VANTAGEPOINT INVESTMENT ADVISERS LLC New +8,450,003+8.5m
WELLINGTON MANAGEMENT GROUP LLP New +2,361,457+2.4m
Cetera Investment Advisers Added +1,771,637+1.8m
SEI INVESTMENTS CO Added +1,295,102+1.3m
JPMORGAN CHASE & CO Added +1,127,297+1.1m
MATHER GROUP, LLC. Added +1,113,321+1.1m
EXCHANGE TRADED CONCEPTS, LLC Added +740,288+740.3k
ENVESTNET ASSET MANAGEMENT INC Added +518,827+518.8k
Northeast Financial Group, Inc. Added +315,104+315.1k
Krilogy Financial LLC Added +285,500+285.5k

Biggest sellers

Teamwork Financial Advisors, LLC Sold out -999,701-999.7k
Financial Engines Advisors L.L.C. Reduced -705,482-705.5k
Cape Investment Advisory, Inc. Reduced -592,424-592.4k
Geneos Wealth Management Inc. Reduced -533,184-533.2k
BANK HAPOALIM BM Sold out -504,000-504.0k
rebel Financial LLC Reduced -477,459-477.5k
Focus Partners Wealth Reduced -395,958-396.0k
ROYAL BANK OF CANADA Reduced -338,126-338.1k
WELLS FARGO & COMPANY/MN Reduced -316,677-316.7k
CONNING INC. Sold out -253,673-253.7k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 2.88% of their portfolio SANTA CLARA, CA 51,888,94951.9m $1.5bn $1.5bn 2.88% Reduced -705.5k -705,482
2 SEI INVESTMENTS CO 1.39% of their portfolio OAKS, PA 44,357,29544.4m $1.3bn $1.3bn 1.39% Added +1.3m +1,295,102
3 MATHER GROUP, LLC. 10.02% of their portfolio CHICAGO, IL 34,105,43834.1m $992.8m $992.8m 10.02% Added +1.1m +1,113,321
4 ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio Berwyn, PA 16,686,72716.7m $485.8m $485.8m 0.14% Added +518.8k +518,827
5 OSAIC HOLDINGS, INC. 0.49% of their portfolio SCOTTSDALE, AZ 12,059,26912.1m $350.3m $350.3m 0.49% Added +78.3k +78,338
6 Avantax Planning Partners, Inc. 8.41% of their portfolio DUBUQUE, IA 10,079,78510.1m $293.4m $293.4m 8.41% Added +133.6k +133,585
7 Mariner, LLC 0.33% of their portfolio Overland Park, KS 8,773,4788.8m $255.4m $255.4m 0.33% Added +86.1k +86,064
8 VANTAGEPOINT INVESTMENT ADVISERS LLC 2.01% of their portfolio WASHINGTON, DC 8,450,0038.5m $246.0m $246.0m 2.01% New
9 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.29% of their portfolio PLYMOUTH, MN 6,581,2296.6m $191.8m $191.8m 0.29% Reduced -227.1k -227,082
10 MONETA GROUP INVESTMENT ADVISORS LLC 1.10% of their portfolio ST LOUIS, MO 4,734,4904.7m $137.8m $137.8m 1.10% Added +189.6k +189,557
11 Gemmer Asset Management LLC 10.19% of their portfolio WALNUT CREEK, CA 4,331,6284.3m $126.1m $126.1m 10.19% Reduced -107.7k -107,740
12 Betterment LLC 0.24% of their portfolio NEW YORK, NY 4,251,4494.3m $123.8m $123.8m 0.24% Reduced -110.8k -110,829
13 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 3,781,0973.8m $110.1m $110.1m 0.03% Added +211.9k +211,920
14 Savant Capital, LLC 0.59% of their portfolio ROCKFORD, IL 3,347,9673.3m $97.5m $97.5m 0.59% Added +131.6k +131,644
15 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 2,999,0673.0m $87.3m $87.3m 0.10% Added +1.8m +1,771,637
16 Mokosak Advisory Group, LLC 22.45% of their portfolio URBANDALE, IA 2,948,2932.9m $85.8m $85.8m 22.45% Added +36.9k +36,863
17 RAINEY & RANDALL WEALTH ADVISORS INC. 14.33% of their portfolio Celebration, FL 2,946,6922.9m $85.8m $85.8m 14.33% Added +3.9k +3,939
18 HighTower Advisors, LLC 0.09% of their portfolio CHICAGO, IL 2,615,6542.6m $76.1m $76.1m 0.09% Reduced -13.1k -13,133
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,613,8882.6m $76.1m $76.1m 0.00% Added +39.7k +39,741
20 Financial Advisors, LLC 13.47% of their portfolio ANDOVER, MA 2,611,4072.6m $76.0m $76.0m 13.47% Reduced -42.3k -42,279
21 Krilogy Financial LLC 2.79% of their portfolio ST. LOUIS, MO 2,572,0622.6m $74.2m $74.2m 2.79% Added +285.5k +285,500
22 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,504,3042.5m $72.9m $72.9m 0.01% Added +135.4k +135,435
23 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 2,361,4572.4m $68.7m $68.7m 0.01% New
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,226,8262.2m $64.8m $64.8m 0.00% Added +1.1m +1,127,297
25 Compound Planning, Inc. 1.97% of their portfolio NEW YORK, NY 2,090,6882.1m $60.9m $60.9m 1.97% Added +209.3k +209,251
26 Cooper Financial Group 6.32% of their portfolio IRVINE, CA 1,960,7892.0m $57.1m $57.1m 6.32% Added +85.8k +85,756
27 CX Institutional 1.67% of their portfolio AUBURN, IN 1,888,7421.9m $55.0m $55.0m 1.67% Reduced -216.8k -216,845
28 EXCHANGE TRADED CONCEPTS, LLC 0.51% of their portfolio Oklahoma City, OK 1,827,0491.8m $53.2m $53.2m 0.51% Added +740.3k +740,288
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,823,1091.8m $53.1m $53.1m 0.00% Reduced -4.0k -4,040
30 Focus Partners Advisor Solutions, LLC 0.59% of their portfolio SAINT LOUIS, MO 1,779,1691.8m $51.8m $51.8m 0.59% Added +46.2k +46,228
31 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.35% of their portfolio IRVING, TX 1,690,1821.7m $49.2m $49.2m 0.35% Reduced -43.1k -43,144
32 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 11.92% of their portfolio EAGLE, ID 1,666,2691.7m $48.5m $48.5m 11.92% Added +19.3k +19,343
33 GenWealth Group, Inc. 8.38% of their portfolio Maplewood, NJ 1,545,2941.5m $45.0m $45.0m 8.38% Added +7.8k +7,843
34 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,510,1681.5m $43.9m $43.9m 0.01% Added +60.2k +60,205
35 Brady Martz Wealth Solutions, LLC 7.14% of their portfolio GRAND FORKS, ND 1,350,2291.4m $39.3m $39.3m 7.14% Reduced -46.1k -46,116
36 HRC WEALTH MANAGEMENT, LLC 18.32% of their portfolio Moscow, ID 1,290,3221.3m $37.6m $37.6m 18.32% Added +14.3k +14,299
37 Black Diamond Financial, LLC 4.16% of their portfolio TOWSON, MD 1,275,7701.3m $37.1m $37.1m 4.16% Added +246.2k +246,176
38 DRAVO BAY LLC 15.82% of their portfolio REHOBOTH BEACH, DE 1,230,3521.2m $35.8m $35.8m 15.82% Added +66.7k +66,693
39 XML Financial, LLC 2.89% of their portfolio BETHESDA, MD 1,220,5241.2m $35.5m $35.5m 2.89% Added +15.9k +15,853
40 MIdWestOne Financial Group, Inc. 4.07% of their portfolio Iowa City, IA 1,149,9621.1m $33.5m $33.5m 4.07% Added +21.9k +21,854
41 Beacon Pointe Advisors, LLC 0.28% of their portfolio NEWPORT BEACH, CA 1,149,7001.1m $33.5m $33.5m 0.28% Added +87.3k +87,278
42 BALLAST ADVISORS LLC 9.22% of their portfolio WOODBURY, MN 1,149,5801.1m $33.5m $33.5m 9.22% Added +13.3k +13,295
43 Envestnet Portfolio Solutions, Inc. 0.12% of their portfolio BERWYN, PA 1,145,9281.1m $33.4m $33.4m 0.12% Added +20.1k +20,070
44 Northern Capital Management, Inc. 18.01% of their portfolio SPOKANE, WA 1,140,3641.1m $33.2m $33.2m 18.01% Reduced -8.5k -8,523
45 Veery Capital, LLC 10.42% of their portfolio Wilmington, DE 1,133,6901.1m $33.0m $33.0m 10.42% Added +30.3k +30,348
46 FAS Wealth Partners, Inc. 2.21% of their portfolio LEAWOOD, KS 1,118,4781.1m $32.6m $32.6m 2.21% Reduced -20.5k -20,464
47 Summit Asset Management, LLC 4.98% of their portfolio MEMPHIS, TN 1,112,3711.1m $32.4m $32.4m 4.98% Added +44.9k +44,930
48 Dodds Wealth, LLC 7.91% of their portfolio GREENWOOD VILLAGE, CO 1,097,6141.1m $32.0m $32.0m 7.91% Reduced -12.8k -12,847
49 MARSHALL FINANCIAL GROUP INC /ADV 8.66% of their portfolio DOYLESTOWN, PA 1,081,7611.1m $31.5m $31.5m 8.66% Added +31.0k +31,043
50 OneDigital Investment Advisors LLC 0.32% of their portfolio OVERLAND PARK, KS 1,081,2801.1m $31.5m $31.5m 0.32% Reduced -74.7k -74,694
51 GHP Investment Advisors, Inc. 1.22% of their portfolio Denver, CO 1,001,0641.0m $29.1m $29.1m 1.22% Added +15.5k +15,534
52 MAI Capital Management 0.18% of their portfolio INDEPENDENCE, OH 993,670993.7k $28.9m $28.9m 0.18% Added +17.3k +17,327
53 Financial Advisors Network, Inc. 4.06% of their portfolio TUSTIN, CA 983,803983.8k $28.6m $28.6m 4.06% Added +68.2k +68,249
54 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 956,278956.3k $27.8m $27.8m 0.05% Reduced -39.5k -39,493
55 Tradition Wealth Management, LLC 2.03% of their portfolio EDINA, MN 942,448942.4k $27.4m $27.4m 2.03% Reduced -1.2k -1,209
56 Ally Invest Advisors Inc. 1.94% of their portfolio CHARLOTTE, NC 928,769928.8k $27.0m $27.0m 1.94% Added +86.7k +86,683
57 Midwest Trust Co 0.35% of their portfolio Overland Park, KS 922,118922.1k $26.8m $26.8m 0.35% Reduced -23.3k -23,337
58 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 859,713859.7k $25.0m $25.0m 0.07% Added +27.4k +27,440
59 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 833,256833.3k $24.3m $24.3m 0.00% Reduced -316.7k -316,677
60 Persium Advisors, LLC 17.96% of their portfolio ATLANTA, GA 821,664821.7k $23.9m $23.9m 17.96% Added +35.8k +35,770
61 Merit Financial Group, LLC 0.22% of their portfolio ALPHARETTA, GA 814,992815.0k $23.7m $23.7m 0.22% Reduced -36.2k -36,166
62 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 793,517793.5k $23.1m $23.1m 0.02% Added +21.4k +21,404
63 SAGE FINANCIAL GROUP INC 1.54% of their portfolio W. CONSHOHOCKEN, PA 778,972779.0k $22.7m $22.7m 1.54% Added +3.7k +3,708
64 Prime Capital Investment Advisors, LLC 0.28% of their portfolio OVERLAND PARK, KS 777,108777.1k $22.6m $22.6m 0.28% Reduced -25.2k -25,233
65 Focus Financial Network, Inc. 0.77% of their portfolio MINNEAPOLIS, MN 740,484740.5k $21.6m $21.6m 0.77% Reduced -87.5k -87,488
66 Meriwether Wealth & Planning, LLC 12.41% of their portfolio MINDEN, LA 735,542735.5k $21.4m $21.4m 12.41% Added +40.2k +40,249
67 Noble Family Wealth, LLC 4.71% of their portfolio Clearwater, FL 733,323733.3k $21.3m $21.3m 4.71% Added +10.0k +9,994
68 FINANCIAL COUNSELORS INC 28.29% of their portfolio Overland Park, KS 730,386730.4k $21.3m $21.3m 28.29% Reduced -19.6k -19,595
69 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.33% of their portfolio MINNEAPOLIS, MN 719,858719.9k $21.0m $21.0m 0.33% Reduced -42.0k -42,035
70 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 684,100684.1k $19.9m $19.9m 0.01% Reduced -20.4k -20,445
71 Ethos Financial Group, LLC 1.54% of their portfolio KING OF PRUSSIA, PA 675,889675.9k $19.7m $19.7m 1.54% Added +6.7k +6,672
72 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 671,158671.2k $19.5m $19.5m 0.05% Reduced -22.5k -22,460
73 Denver PWM, LLC 5.71% of their portfolio DENVER, CO 661,822661.8k $18.3m $18.3m 5.71% Added +110 +110
74 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 655,947655.9k $19.1m $19.1m 0.04% Reduced -766 -766
75 LCNB CORP 6.65% of their portfolio LEBANON, OH 653,058653.1k $19.0m $19.0m 6.65% Added +104.3k +104,323
76 KEELER & NADLER FINANCIAL PLANNING & WEALTH MANAGEMENT 6.93% of their portfolio Dublin, OH 649,609649.6k $18.9m $18.9m 6.93% Added +31.5k +31,529
77 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 644,726644.7k $18.8m $18.8m 0.00% Reduced -338.1k -338,126
78 USAdvisors Wealth Management, LLC 6.39% of their portfolio EDEN PRAIRIE, MN 636,553636.6k $18.5m $18.5m 6.39% Added +45.6k +45,578
79 Seneca Financial Advisors LLC 6.03% of their portfolio ROCHESTER, NY 634,730634.7k $18.5m $18.5m 6.03% Reduced -17.8k -17,759
80 Garde Capital, Inc. 0.89% of their portfolio SEATTLE, WA 610,462610.5k $17.8m $17.8m 0.89% Reduced -2.9k -2,934
81 Mutual Advisors, LLC 0.39% of their portfolio OMAHA, NE 606,334606.3k $17.7m $17.7m 0.39% Added +5.1k +5,106
82 Perigon Wealth Management, LLC 0.36% of their portfolio SAN FRANCISCO, CA 601,972602.0k $17.5m $17.5m 0.36% Added +21.9k +21,895
83 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 600,263600.3k $17.5m $17.5m 0.03% Added +40.2k +40,229
84 Cornerstone Wealth Advisors, Inc. 4.21% of their portfolio EDINA, MN 598,110598.1k $17.4m $17.4m 4.21% Added +12.8k +12,750
85 Northeast Financial Group, Inc. 4.28% of their portfolio Allentown, PA 590,599590.6k $17.2m $17.2m 4.28% Added +315.1k +315,104
86 Waverly Advisors, LLC 0.17% of their portfolio BIRMINGHAM, AL 590,019590.0k $17.2m $17.2m 0.17% Added +8.4k +8,431
87 Kestra Advisory Services, LLC 0.08% of their portfolio AUSTIN, TX 589,201589.2k $17.2m $17.2m 0.08% Reduced -111.7k -111,713
88 JBGlobal.com LLC 17.45% of their portfolio NEW YORK, NY 588,401588.4k $17.1m $17.1m 17.45% Reduced -42.8k -42,774
89 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 554,908554.9k $16.2m $16.2m 0.02% Reduced -21.2k -21,228
90 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 551,424551.4k $16.1m $16.1m 0.01% Reduced -20.9k -20,866
91 Global Strategic Investment Solutions, LLC 1.55% of their portfolio Scottsdale, AZ 535,150535.1k $15.6m $15.6m 1.55% Added +1.3k +1,346
92 Seek First Inc. 11.16% of their portfolio Campbell, CA 532,904532.9k $15.5m $15.5m 11.16% Added +14.8k +14,773
93 Whitaker-Myers Wealth Managers, LTD. 3.28% of their portfolio Mansfield, OH 516,823516.8k $15.0m $15.0m 3.28% Added +28.8k +28,754
94 Payne Capital Management, LLC 4.76% of their portfolio New York, NY 507,757507.8k $14.8m $14.8m 4.76% Added +42.2k +42,202
95 Martel Wealth Advisors LLC 2.57% of their portfolio VANCOUVER, WA 503,260503.3k $14.6m $14.6m 2.57% Reduced -18.8k -18,799
96 YANKCOM Partnership 5.89% of their portfolio Yankton, SD 449,786449.8k $13.1m $13.1m 5.89% Added +18.6k +18,586
97 Goepper Burkhardt LLC 4.29% of their portfolio GREENVILLE, SC 432,473432.5k $12.6m $12.6m 4.29% Reduced -32.5k -32,500
98 Bogart Wealth, LLC 0.50% of their portfolio MCLEAN, VA 426,441426.4k $12.4m $12.4m 0.50% Reduced -31.9k -31,941
99 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 416,648416.6k $12.1m $12.1m 0.05% Reduced -20.0k -20,049
100 Ackerman Capital Advisors, LLC 2.53% of their portfolio DALLAS, TX 414,827414.8k $12.1m $12.1m 2.53% Reduced -736 -736