Vault-13

SCHWAB STRATEGIC TR SCHM

US MID-CAP ETF · ETP · CUSIP 808524508

947 institutional holders +31 vs Q1 2025
276,372,059276.4m shares reported held*
$7.8bnreported value*
64 new 342 added 387 reduced 41 sold out net sold ≈ $47.3m (-1.6m 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 ($17.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.07. Options: 3 managers hold calls ($13.0m notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 722Q4 22: 779Q1 23: 784Q2 23: 785Q3 23: 779Q4 23: 856Q1 24: 862Q2 24: 861Q3 24: 887Q4 24: 935Q1 25: 916Q2 25: 947947Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022722
Q4 2022779
Q1 2023784
Q2 2023785
Q3 2023779
Q4 2023856
Q1 2024862
Q2 2024861
Q3 2024887
Q4 2024935
Q1 2025916
Q2 2025947

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 23: 338 bought or addedQ3 23: 342 cut or sold outQ4 23: 361 bought or addedQ4 23: 354 cut or sold outQ4 23Q1 24: 370 bought or addedQ1 24: 401 cut or sold outQ2 24: 323 bought or addedQ2 24: 402 cut or sold outQ2 24Q3 24: 391 bought or addedQ3 24: 374 cut or sold outQ4 24: 385 bought or addedQ4 24: 403 cut or sold outQ4 24Q1 25: 373 bought or addedQ1 25: 442 cut or sold outQ2 25: 406 bought or addedQ2 25: 428 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023338342
Q4 2023361354
Q1 2024370401
Q2 2024323402
Q3 2024391374
Q4 2024385403
Q1 2025373442
Q2 2025406428

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 24 calls: $16.2mQ3 24 puts: $299.1kQ3 24P/C 0.02Q4 24 calls: $11.0mQ4 24 puts: $30.5kQ4 24P/C 0.00Q1 25 calls: $17.6mQ1 25 puts: $143.3kQ1 25P/C 0.01Q2 25 calls: $13.0mQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$16.2m$299.1k0.02
Q4 2024$11.0m$30.5k0.00
Q1 2025$17.6m$143.3k0.01
Q2 2025$13.0m$00.00

Biggest buyers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +2,070,689+2.1m
Financial Engines Advisors L.L.C. Added +1,586,972+1.6m
Advisory Alpha, LLC Added +1,072,948+1.1m
Creative Planning Added +684,597+684.6k
JONES FINANCIAL COMPANIES LLLP Added +615,039+615.0k
MONETA GROUP INVESTMENT ADVISORS LLC Added +600,335+600.3k
HighTower Advisors, LLC Added +542,228+542.2k
Plante Moran Financial Advisors, LLC Added +465,582+465.6k
JMG Financial Group, Ltd. Added +423,102+423.1k
Rockefeller Capital Management L.P. Added +391,395+391.4k

Biggest sellers

UBS Group AG Reduced -4,202,003-4.2m
Thrivent Financial for Lutherans Reduced -1,542,535-1.5m
DAVENPORT & Co LLC Reduced -1,135,409-1.1m
Prime Capital Investment Advisors, LLC Reduced -905,928-905.9k
Cerity Partners LLC Reduced -904,308-904.3k
RAYMOND JAMES FINANCIAL INC Reduced -423,930-423.9k
PRING TURNER CAPITAL GROUP INC Sold out -315,482-315.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -313,455-313.5k
TOWNSQUARE CAPITAL LLC Sold out -282,484-282.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -254,914-254.9k

Biggest calls

SIMPLEX TRADING, LLC Reduced $12.8m486.4k shares
CITADEL ADVISORS LLC Reduced $258.1k9.2k shares
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. 3.38% of their portfolio SANTA CLARA, CA 60,352,32460.4m $1.7bn $1.7bn 3.38% Added +1.6m +1,586,972
2 Creative Planning 0.71% of their portfolio OVERLAND PARK, KS 29,603,59029.6m $830.4m $830.4m 0.71% Added +684.6k +684,597
3 HighTower Advisors, LLC 0.37% of their portfolio CHICAGO, IL 10,583,78210.6m $296.9m $296.9m 0.37% Added +542.2k +542,228
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.21% of their portfolio MILWAUKEE, WI 10,272,22310.3m $288.1m $288.1m 0.21% Added +2.1m +2,070,689
5 MONETA GROUP INVESTMENT ADVISORS LLC 3.16% of their portfolio ST LOUIS, MO 9,465,5939.5m $265.5m $265.5m 3.16% Added +600.3k +600,335
6 Advisory Alpha, LLC 7.31% of their portfolio HOLLAND, MI 8,373,7008.4m $234.9m $234.9m 7.31% Added +1.1m +1,072,948
7 Cerity Partners LLC 0.30% of their portfolio NEW YORK, NY 6,003,9236.0m $168.4m $168.4m 0.30% Reduced -904.3k -904,308
8 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.28% of their portfolio PLYMOUTH, MN 5,797,6125.8m $166.4m $166.4m 0.28% Reduced -105.8k -105,813
9 Legacy Wealth Management, LLC 7.30% of their portfolio MEMPHIS, TN 4,181,9324.2m $117.3m $117.3m 7.30% Reduced -21.1k -21,087
10 JMG Financial Group, Ltd. 2.80% of their portfolio DOWNERS GROVE, IL 3,298,1973.3m $92.5m $92.5m 2.80% Added +423.1k +423,102
11 Fragasso Financial Advisors Inc 5.50% of their portfolio SEWICKLEY, PA 2,908,5802.9m $81.6m $81.6m 5.50% Reduced -92.3k -92,329
12 JONES FINANCIAL COMPANIES LLLP 0.05% of their portfolio DES PERES, MO 2,273,2412.3m $63.6m $63.6m 0.05% Added +615.0k +615,039
13 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 2,197,4972.2m $61.6m $61.6m 0.02% Reduced -254.9k -254,914
14 Mariner, LLC 0.09% of their portfolio Overland Park, KS 2,135,7992.1m $59.9m $59.9m 0.09% Reduced -51.9k -51,857
15 Prime Capital Investment Advisors, LLC 0.77% of their portfolio OVERLAND PARK, KS 2,066,9562.1m $58.0m $58.0m 0.77% Reduced -905.9k -905,928
16 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,991,5922.0m $55.9m $55.9m 0.02% Reduced -423.9k -423,930
17 Summit Financial Strategies, Inc. 4.71% of their portfolio Columbus, OH 1,813,3151.8m $50.9m $50.9m 4.71% Reduced -73.4k -73,369
18 Waverly Advisors, LLC 0.55% of their portfolio BIRMINGHAM, AL 1,780,7351.8m $49.9m $49.9m 0.55% Reduced -25.2k -25,243
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,773,4951.8m $49.7m $49.7m 0.00% Added +189.1k +189,106
20 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,645,0701.6m $46.1m $46.1m 0.01% Reduced -174.9k -174,859
21 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,634,2981.6m $45.8m $45.8m 0.02% Reduced -14.6k -14,561
22 Beacon Pointe Advisors, LLC 0.47% of their portfolio NEWPORT BEACH, CA 1,608,6491.6m $45.1m $45.1m 0.47% Added +13.5k +13,535
23 MERCER GLOBAL ADVISORS INC /ADV 0.10% of their portfolio DENVER, CO 1,578,3801.6m $44.3m $44.3m 0.10% Reduced -28.8k -28,771
24 Advocacy Wealth Management, LLC 2.56% of their portfolio ATLANTA, GA 1,489,6051.5m $41.8m $41.8m 2.56% Reduced -12.2k -12,160
25 Gemmer Asset Management LLC 3.51% of their portfolio WALNUT CREEK, CA 1,408,2031.4m $39.5m $39.5m 3.51% Reduced -146.5k -146,543
26 CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio RALEIGH, NC 1,337,2351.3m $37.5m $37.5m 0.08% Added +16.4k +16,413
27 EXENCIAL WEALTH ADVISORS, LLC 1.27% of their portfolio OKLAHOMA CITY, OK 1,289,9971.3m $36.2m $36.2m 1.27% Added +47.0k +47,004
28 BLB&B Advisors, LLC 1.64% of their portfolio MONTGOMERYVILLE, PA 1,247,9661.2m $35.0m $35.0m 1.64% Reduced -139.9k -139,885
29 Summit Asset Management, LLC 5.69% of their portfolio MEMPHIS, TN 1,244,8071.2m $34.9m $34.9m 5.69% Added +2.6k +2,619
30 Mokosak Advisory Group, LLC 8.56% of their portfolio URBANDALE, IA 1,079,4651.1m $30.3m $30.3m 8.56% Added +28.5k +28,466
31 Elwood & Goetz Wealth Advisory Group, LLC 6.22% of their portfolio ATHENS, GA 1,026,4911.0m $28.8m $28.8m 6.22% Reduced -57.5k -57,495
32 Dynamic Advisor Solutions LLC 0.83% of their portfolio PHOENIX, AZ 959,860959.9k $26.9m $26.9m 0.83% Added +36.3k +36,328
33 SAGE FINANCIAL GROUP INC 1.97% of their portfolio W. CONSHOHOCKEN, PA 950,167950.2k $26.7m $26.7m 1.97% Reduced -18.2k -18,160
34 UBS Group AG 0.01% of their portfolio ZURICH, V8 946,333946.3k $26.5m $26.5m 0.01% Reduced -4.2m -4,202,003
35 Curi Capital, LLC 0.49% of their portfolio CHICAGO, IL 916,099916.1k $25.7m $25.7m 0.49% Reduced -16.0k -16,013
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 902,583902.6k $25.3m $25.3m 0.00% Reduced -138.7k -138,696
37 High Note Wealth, LLC 5.45% of their portfolio DEEPHAVEN, MN 849,087849.1k $23.8m $23.8m 5.45% Added +1.8k +1,791
38 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 848,323848.3k $23.8m $23.8m 0.07% Added +168.2k +168,203
39 Northeast Financial Group, Inc. 7.50% of their portfolio Allentown, PA 843,993844.0k $23.7m $23.7m 7.50% Added +23.3k +23,326
40 RKL Wealth Management LLC 2.05% of their portfolio LANCASTER, PA 831,548831.5k $23.3m $23.3m 2.05% Reduced -68.9k -68,917
41 Modera Wealth Management, LLC 0.28% of their portfolio WESTWOOD, NJ 792,760792.8k $22.2m $22.2m 0.28% Reduced -48.7k -48,653
42 IFP Advisors, Inc 0.63% of their portfolio TAMPA, FL 784,723784.7k $22.0m $22.0m 0.63% Added +12.9k +12,871
43 OneDigital Investment Advisors LLC 0.24% of their portfolio OVERLAND PARK, KS 782,977783.0k $22.0m $22.0m 0.24% Reduced -48.4k -48,427
44 Chicago Partners Investment Group LLC 0.66% of their portfolio CHICAGO, IL 780,586780.6k $22.7m $22.7m 0.66% Added +53.7k +53,709
45 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 772,804772.8k $21.7m $21.7m 0.03% Added +391.4k +391,395
46 Koshinski Asset Management, Inc. 1.46% of their portfolio DECATUR, IL 691,444691.4k $19.4m $19.4m 1.46% Added +22.7k +22,720
47 Lutz Financial Services LLC 1.50% of their portfolio OMAHA, NE 688,642688.6k $19.3m $19.3m 1.50% Added +142.0k +141,958
48 Compass Advisory Group LLC 6.05% of their portfolio MELVILLE, NY 681,674681.7k $19.1m $19.1m 6.05% Added +30.7k +30,686
49 Noble Family Wealth, LLC 4.64% of their portfolio Clearwater, FL 677,169677.2k $19.0m $19.0m 4.64% Added +54.8k +54,801
50 BERKSHIRE ASSET MANAGEMENT LLC/PA 0.83% of their portfolio WILKES BARRE, PA 655,207655.2k $18.4m $18.4m 0.83% Added +364 +364
51 Denver PWM, LLC 5.69% of their portfolio DENVER, CO 650,802650.8k $18.3m $18.3m 5.69% Added +30.5k +30,453
52 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 641,377641.4k $18.0m $18.0m 0.02% Reduced -10.6k -10,562
53 SALEM INVESTMENT COUNSELORS INC 0.56% of their portfolio WINSTON-SALEM, NC 628,255628.3k $17.6m $17.6m 0.56% Reduced -39.0k -38,951
54 Essex LLC 3.47% of their portfolio DEER PARK, IL 627,815627.8k $17.6m $17.6m 3.47% Added +48.0k +48,035
55 Plante Moran Financial Advisors, LLC 1.23% of their portfolio SOUTHFIELD, MI 626,183626.2k $17.6m $17.6m 1.23% Added +465.6k +465,582
56 Bangor Savings Bank 1.57% of their portfolio BANGOR, ME 625,653625.7k $17.5m $17.5m 1.57% Reduced -5.0k -4,996
57 MARSHALL FINANCIAL GROUP INC /ADV 5.24% of their portfolio DOYLESTOWN, PA 623,877623.9k $17.5m $17.5m 5.24% Reduced -6.4k -6,414
58 Bleakley Financial Group, LLC 0.44% of their portfolio PARSIPPANY, NJ 621,438621.4k $17.4m $17.4m 0.44% Added +99.9k +99,855
59 JOHNSON INVESTMENT COUNSEL INC 0.15% of their portfolio Cincinnati, OH 611,333611.3k $17.1m $17.1m 0.15% Added +16.9k +16,868
60 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 610,602610.6k $17.1m $17.1m 0.04% Reduced -30.1k -30,121
61 Seneca Financial Advisors LLC 6.44% of their portfolio ROCHESTER, NY 596,091596.1k $16.7m $16.7m 6.44% Added +134.8k +134,837
62 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 565,596565.6k $15.9m $15.9m 0.00% Added +12.9k +12,904
63 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 560,658560.7k $15.7m $15.7m 0.03% Added +75.1k +75,112
64 FAS Wealth Partners, Inc. 1.16% of their portfolio LEAWOOD, KS 559,901559.9k $15.7m $15.7m 1.16% Added +13.6k +13,613
65 FIRST NATIONAL CORP /MA/ /ADV 3.14% of their portfolio ROCKLAND, MA 554,828554.8k $15.6m $15.6m 3.14% Added +23.9k +23,927
66 Asset Management Group, Inc. 2.66% of their portfolio STAMFORD, CT 543,478543.5k $15.2m $15.2m 2.66% Reduced -12.7k -12,732
67 Richardson Capital Management LLC 7.96% of their portfolio MENOMONEE FALLS, WI 540,858540.9k $15.2m $15.2m 7.96% Added +48.5k +48,528
68 MAI Capital Management 0.10% of their portfolio INDEPENDENCE, OH 533,816533.8k $15.0m $15.0m 0.10% Reduced -155.1k -155,096
69 Sherwood Financial Partners, LLC 13.37% of their portfolio WESTLAKE VILLAGE, CA 520,046520.0k $14.6m $14.6m 13.37% Added +10.0k +10,011
70 Triangle Securities Wealth Management 3.58% of their portfolio RALEIGH, NC 518,427518.4k $14.5m $14.5m 3.58% Added +6.7k +6,727
71 Pacific Sage Partners, LLC 2.86% of their portfolio EDMONDS, WA 514,169514.2k $14.4m $14.4m 2.86% Added +53.1k +53,102
72 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 511,296511.3k $14.3m $14.3m 0.00% Added +21.2k +21,245
73 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 504,124504.1k $14.1m $14.1m 0.00% Added +19.1k +19,109
74 HHM Wealth Advisors, LLC 1.67% of their portfolio CHATTANOOGA, TN 499,560499.6k $14.0m $14.0m 1.67% Reduced -6.3k -6,299
75 PITTENGER & ANDERSON INC 0.51% of their portfolio LINCOLN, NE 499,240499.2k $14.0m $14.0m 0.51% Reduced -279 -279
76 BENJAMIN EDWARDS INC 0.18% of their portfolio Clayton, MO 497,433497.4k $14.0m $14.0m 0.18% Added +22.2k +22,178
77 Curbstone Financial Management Corp 2.84% of their portfolio MANCHESTER, NH 493,789493.8k $13.9m $13.9m 2.84% Reduced -24.2k -24,200
78 Savant Capital, LLC 0.10% of their portfolio ROCKFORD, IL 486,504486.5k $13.6m $13.6m 0.10% Reduced -11.1k -11,128
79 Harbor Group, Inc. 2.39% of their portfolio BEDFORD, NH 479,644479.6k $13.5m $13.5m 2.39% Reduced -2.9k -2,901
80 HORIZON FINANCIAL SERVICES, LLC 7.02% of their portfolio WINSTON SALEM, NC 472,086472.1k $13.2m $13.2m 7.02% Added +40.9k +40,944
81 Trinity Legacy Partners, LLC 3.24% of their portfolio HOUSTON, TX 470,248470.2k $13.4m $13.4m 3.24% Added +2.4k +2,418
82 Courage Miller Partners, LLC 4.11% of their portfolio NORFOLK, VA 462,320462.3k $13.0m $13.0m 4.11% Added +29.5k +29,479
83 IMA Advisory Services, Inc. 1.34% of their portfolio DENVER, CO 446,152446.2k $12.5m $12.5m 1.34% Added +3.0k +3,049
84 Schneider Downs Wealth Management Advisors, LP 1.87% of their portfolio Pittsburgh, PA 446,089446.1k $12.5m $12.5m 1.87% Added +119.7k +119,656
85 Focus Financial Network, Inc. 0.49% of their portfolio MINNEAPOLIS, MN 445,594445.6k $12.5m $12.5m 0.49% Added +14.1k +14,100
86 Clearwater Capital Advisors, LLC 1.14% of their portfolio HOFFMAN ESTATES, IL 443,080443.1k $12.4m $12.4m 1.14% Added +18.4k +18,387
87 Womack Financial LLC 10.34% of their portfolio DALLAS, TX 442,529442.5k $12.4m $12.4m 10.34% Added +15.1k +15,108
88 White & Co Financial Planning Inc 9.69% of their portfolio SUNNYSIDE, WA 433,386433.4k $12.1m $12.1m 9.69% Added +10.5k +10,487
89 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 426,512426.5k $12.0m $12.0m 0.00% Added +272.3k +272,260
90 Spinnaker Investment Group, LLC 2.71% of their portfolio Newport Beach, CA 411,685411.7k $11.5m $11.5m 2.71% Reduced -52.7k -52,731
91 DAVENPORT & Co LLC 0.06% of their portfolio RICHMOND, VA 408,221408.2k $11.5m $11.5m 0.06% Reduced -1.1m -1,135,409
92 Fifth Third Securities, Inc. 0.86% of their portfolio Cincinnati, OH 408,154408.2k $11.4m $11.4m 0.86% Reduced -4.4k -4,435
93 ProVise Management Group, LLC 0.88% of their portfolio CLEARWATER, FL 397,225397.2k $11.1m $11.1m 0.88% Reduced -32.7k -32,680
94 HBK Sorce Advisory LLC 0.30% of their portfolio ERIE, PA 393,765393.8k $11.0m $11.0m 0.30% Reduced -16.2k -16,177
95 St. Johns Investment Management Company, LLC 5.03% of their portfolio JACKSONVILLE, FL 390,363390.4k $10.9m $10.9m 5.03% Added +9.5k +9,531
96 MANCHESTER FINANCIAL INC 2.29% of their portfolio Westlake Village, CA 389,788389.8k $10.9m $10.9m 2.29% Reduced -244.8k -244,815
97 LODESTAR PRIVATE ASSET MANAGEMENT LLC 1.26% of their portfolio ALAMO, CA 389,628389.6k $10.9m $10.9m 1.26% Added +8.9k +8,942
98 Alliance Wealth Management Group 2.78% of their portfolio FLEMINGTON, NJ 388,625388.6k $10.9m $10.9m 2.78% Added +24.4k +24,366
99 Towercrest Capital Management 1.95% of their portfolio NEWTOWN, PA 388,625388.6k $10.9m $10.9m 1.95% Added +24.4k +24,366
100 VALLEY NATIONAL ADVISERS INC 1.78% of their portfolio BETHLEHEM, PA 388,095388.1k $10.9m $10.9m 1.78% Reduced -9.0k -8,982