Vault-13

SCHWAB STRATEGIC TR SCHM

US MID-CAP ETF · ETP · CUSIP 808524508

998 institutional holders +52 vs Q3 2025
277,275,880277.3m shares reported held*
$8.4bnreported value*
47 new 352 added 370 reduced 45 sold out net sold ≈ $42.0m (-1.4m 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 ($23.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.12. Options: 1 managers hold calls ($13.0m notional), 0 hold puts (—).

Trends to Q4 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: 947Q3 25: 946Q4 25: 998998Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 2025946
Q4 2025998

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q1 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 25Q3 25: 396 bought or addedQ3 25: 451 cut or sold outQ4 25: 399 bought or addedQ4 25: 415 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024370401
Q2 2024323402
Q3 2024391374
Q4 2024385403
Q1 2025373442
Q2 2025406428
Q3 2025396451
Q4 2025399415

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ1 25 calls: $17.6mQ1 25 puts: $143.3kQ1 25P/C 0.01Q2 25 calls: $13.0mQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $14.2mQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $13.0mQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$17.6m$143.3k0.01
Q2 2025$13.0m$00.00
Q3 2025$14.2m$00.00
Q4 2025$13.0m$00.00

Biggest buyers

Corient Private Wealth LP Added +1,005,552+1.0m
JONES FINANCIAL COMPANIES LLLP Added +964,123+964.1k
Creative Planning Added +908,423+908.4k
MONETA GROUP INVESTMENT ADVISORS LLC Added +648,134+648.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +459,489+459.5k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +409,532+409.5k
TWO SIGMA INVESTMENTS, LP New +293,000+293.0k
LPL Financial LLC Added +284,581+284.6k
N.E.W. Advisory Services LLC Added +274,764+274.8k
EXENCIAL WEALTH ADVISORS, LLC Added +227,263+227.3k

Biggest sellers

HighTower Advisors, LLC Reduced -3,831,682-3.8m
Financial Engines Advisors L.L.C. Reduced -837,408-837.4k
MORGAN STANLEY Reduced -788,284-788.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -669,197-669.2k
Advisory Alpha, LLC Reduced -587,229-587.2k
JPMORGAN CHASE & CO Reduced -523,517-523.5k
Prime Capital Investment Advisors, LLC Reduced -324,087-324.1k
Dynamic Advisor Solutions LLC Reduced -266,516-266.5k
BROWN WEALTH MANAGEMENT, LLC Sold out -248,877-248.9k
NorthCoast Asset Management LLC Sold out -205,542-205.5k

Biggest calls

SIMPLEX TRADING, LLC Reduced $13.0m466.2k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 3.30% of their portfolio SANTA CLARA, CA 57,971,73458.0m $1.7bn $1.7bn 3.30% Reduced -837.4k -837,408
2 Creative Planning 0.66% of their portfolio OVERLAND PARK, KS 30,436,44230.4m $915.2m $915.2m 0.66% Added +908.4k +908,423
3 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.21% of their portfolio MILWAUKEE, WI 10,932,62910.9m $328.7m $328.7m 0.21% Added +459.5k +459,489
4 MONETA GROUP INVESTMENT ADVISORS LLC 2.43% of their portfolio ST LOUIS, MO 10,669,42810.7m $320.8m $320.8m 2.43% Added +648.1k +648,134
5 Advisory Alpha, LLC 6.84% of their portfolio HOLLAND, MI 8,355,0808.4m $251.2m $251.2m 6.84% Reduced -587.2k -587,229
6 HighTower Advisors, LLC 0.23% of their portfolio CHICAGO, IL 6,950,8937.0m $209.0m $209.0m 0.23% Reduced -3.8m -3,831,682
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.24% of their portfolio PLYMOUTH, MN 5,748,6035.7m $180.5m $180.5m 0.24% Added +15.3k +15,350
8 Cerity Partners LLC 0.24% of their portfolio NEW YORK, NY 5,437,8445.4m $163.5m $163.5m 0.24% Added +1.5k +1,495
9 Legacy Wealth Management, LLC 7.48% of their portfolio MEMPHIS, TN 4,319,1524.3m $129.9m $129.9m 7.48% Added +114.4k +114,417
10 JONES FINANCIAL COMPANIES LLLP 0.06% of their portfolio DES PERES, MO 3,494,6323.5m $105.1m $105.1m 0.06% Added +964.1k +964,123
11 JMG Financial Group, Ltd. 2.66% of their portfolio DOWNERS GROVE, IL 3,148,8323.1m $94.7m $94.7m 2.66% Reduced -88.3k -88,303
12 Fragasso Financial Advisors Inc 5.43% of their portfolio SEWICKLEY, PA 2,980,4963.0m $89.6m $89.6m 5.43% Added +52.4k +52,432
13 Mariner, LLC 0.08% of their portfolio Overland Park, KS 2,204,9632.2m $66.3m $66.3m 0.08% Added +39.5k +39,511
14 Thrivent Financial for Lutherans 0.11% of their portfolio Minneapolis, MN 2,072,8382.1m $63.0m $63.0m 0.11% Added +148.2k +148,197
15 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,919,2401.9m $57.7m $57.7m 0.02% Added +284.6k +284,581
16 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,819,2341.8m $54.7m $54.7m 0.02% Reduced -49.3k -49,342
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,812,7791.8m $54.5m $54.5m 0.00% Reduced -788.3k -788,284
18 Waverly Advisors, LLC 0.42% of their portfolio BIRMINGHAM, AL 1,741,7851.7m $52.4m $52.4m 0.42% Reduced -7.9k -7,897
19 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 1,739,2221.7m $52.3m $52.3m 0.04% Added +1.0m +1,005,552
20 Prime Capital Investment Advisors, LLC 0.60% of their portfolio OVERLAND PARK, KS 1,644,0121.6m $49.4m $49.4m 0.60% Reduced -324.1k -324,087
21 EXENCIAL WEALTH ADVISORS, LLC 1.55% of their portfolio OKLAHOMA CITY, OK 1,623,7451.6m $48.8m $48.8m 1.55% Added +227.3k +227,263
22 93 Financial Group, LLC 21.17% of their portfolio WOBURN, MA 1,616,6781.6m $48.6m $48.6m 21.17% First filing
23 Summit Financial Strategies, Inc. 3.88% of their portfolio Columbus, OH 1,568,5341.6m $47.2m $47.2m 3.88% Reduced -154.6k -154,561
24 Advocacy Wealth Management, LLC 1.96% of their portfolio ATLANTA, GA 1,559,4251.6m $46.9m $46.9m 1.96% Added +86.5k +86,487
25 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,462,3041.5m $44.0m $44.0m 0.01% Reduced -11.7k -11,712
26 CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio RALEIGH, NC 1,412,0721.4m $42.5m $42.5m 0.08% Added +53.5k +53,508
27 Beacon Pointe Advisors, LLC 0.29% of their portfolio NEWPORT BEACH, CA 1,375,6381.4m $41.4m $41.4m 0.29% Reduced -48.3k -48,339
28 Summit Asset Management, LLC 5.36% of their portfolio MEMPHIS, TN 1,260,5941.3m $37.9m $37.9m 5.36% Added +20.8k +20,765
29 BLB&B Advisors, LLC 1.55% of their portfolio MONTGOMERYVILLE, PA 1,232,4161.2m $37.1m $37.1m 1.55% Reduced -6.2k -6,179
30 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 1,173,6331.2m $35.3m $35.3m 0.04% Added +122.6k +122,646
31 Mokosak Advisory Group, LLC 8.59% of their portfolio URBANDALE, IA 1,138,4811.1m $34.2m $34.2m 8.59% Added +42.4k +42,412
32 MERCER GLOBAL ADVISORS INC /ADV 0.05% of their portfolio DENVER, CO 1,061,3121.1m $31.9m $31.9m 0.05% Reduced -92.4k -92,432
33 SAGE FINANCIAL GROUP INC 1.94% of their portfolio W. CONSHOHOCKEN, PA 974,044974.0k $29.3m $29.3m 1.94% Added +12.3k +12,282
34 UBS Group AG 0.01% of their portfolio ZURICH, V8 951,937951.9k $28.6m $28.6m 0.01% Reduced -2.3k -2,318
35 Chicago Partners Investment Group LLC 0.75% of their portfolio CHICAGO, IL 951,922951.9k $30.5m $30.5m 0.75% Added +93.1k +93,144
36 Gemmer Asset Management LLC 2.18% of their portfolio WALNUT CREEK, CA 939,794939.8k $28.3m $28.3m 2.18% Reduced -53.5k -53,531
37 High Note Wealth, LLC 5.29% of their portfolio DEEPHAVEN, MN 898,247898.2k $27.0m $27.0m 5.29% Added +24.0k +24,013
38 Northeast Financial Group, Inc. 6.72% of their portfolio Allentown, PA 890,432890.4k $26.8m $26.8m 6.72% Added +40.4k +40,381
39 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 881,839881.8k $26.5m $26.5m 0.00% Added +1.5k +1,463
40 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 859,496859.5k $25.8m $25.8m 0.07% Added +23.2k +23,192
41 Curi Capital, LLC 0.45% of their portfolio CHICAGO, IL 859,208859.2k $25.8m $25.8m 0.45% Reduced -11.8k -11,799
42 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 845,556845.6k $25.4m $25.4m 0.03% Added +203.4k +203,372
43 IFP Advisors, Inc 0.53% of their portfolio TAMPA, FL 778,263778.3k $23.4m $23.4m 0.53% Reduced -4.5k -4,550
44 RKL Wealth Management LLC 1.88% of their portfolio LANCASTER, PA 761,000761.0k $22.9m $22.9m 1.88% Reduced -764 -764
45 Koshinski Asset Management, Inc. 1.44% of their portfolio DECATUR, IL 743,412743.4k $22.4m $22.4m 1.44% Added +32.6k +32,563
46 Financial Planning Navigators CORP 10.22% of their portfolio MAPLE GROVE, MN 740,491740.5k $22.3m $22.3m 10.22% First filing
47 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 733,648733.6k $22.1m $22.1m 0.00% Added +409.5k +409,532
48 Seneca Financial Advisors LLC 6.70% of their portfolio ROCHESTER, NY 732,134732.1k $22.0m $22.0m 6.70% Added +36.0k +35,967
49 Modera Wealth Management, LLC 0.25% of their portfolio WESTWOOD, NJ 728,909728.9k $21.9m $21.9m 0.25% Reduced -22.0k -22,035
50 Compass Advisory Group LLC 5.78% of their portfolio MELVILLE, NY 711,007711.0k $21.4m $21.4m 5.78% Added +3.1k +3,070
51 OneDigital Investment Advisors LLC 0.21% of their portfolio OVERLAND PARK, KS 709,056709.1k $21.3m $21.3m 0.21% Reduced -34.9k -34,906
52 JOHNSON INVESTMENT COUNSEL INC 0.17% of their portfolio Cincinnati, OH 695,876695.9k $20.9m $20.9m 0.17% Added +73.0k +73,005
53 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 690,866690.9k $20.8m $20.8m 0.01% Reduced -669.2k -669,197
54 BERKSHIRE ASSET MANAGEMENT LLC/PA 0.90% of their portfolio WILKES BARRE, PA 682,215682.2k $20.5m $20.5m 0.90% Added +12.9k +12,856
55 Noble Family Wealth, LLC 4.31% of their portfolio Clearwater, FL 680,442680.4k $20.5m $20.5m 4.31% Added +7.5k +7,521
56 Lutz Financial Services LLC 1.37% of their portfolio OMAHA, NE 670,307670.3k $20.2m $20.2m 1.37% Reduced -4.7k -4,674
57 Dynamic Advisor Solutions LLC 0.64% of their portfolio PHOENIX, AZ 666,013666.0k $20.0m $20.0m 0.64% Reduced -266.5k -266,516
58 Essex LLC 3.50% of their portfolio DEER PARK, IL 656,720656.7k $19.7m $19.7m 3.50% Added +19.1k +19,109
59 Bleakley Financial Group, LLC 0.34% of their portfolio PARSIPPANY, NJ 651,235651.2k $19.6m $19.6m 0.34% Added +20.0k +19,970
60 Denver PWM, LLC 6.10% of their portfolio DENVER, CO 651,013651.0k $18.3m $18.3m 6.10% Unchanged
61 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 635,798635.8k $19.1m $19.1m 0.03% Added +48.6k +48,577
62 SALEM INVESTMENT COUNSELORS INC 0.54% of their portfolio WINSTON-SALEM, NC 634,996635.0k $19.1m $19.1m 0.54% Added +443 +443
63 Plante Moran Financial Advisors, LLC 1.20% of their portfolio SOUTHFIELD, MI 628,481628.5k $18.9m $18.9m 1.20% Reduced -2.5k -2,545
64 Bangor Savings Bank 1.52% of their portfolio BANGOR, ME 626,905626.9k $18.9m $18.9m 1.52% Added +7.2k +7,153
65 FAS Wealth Partners, Inc. 1.17% of their portfolio LEAWOOD, KS 604,350604.4k $18.2m $18.2m 1.17% Added +36.8k +36,811
66 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 602,017602.0k $18.1m $18.1m 0.00% Reduced -523.5k -523,517
67 BENJAMIN EDWARDS INC 0.19% of their portfolio Clayton, MO 557,439557.4k $16.8m $16.8m 0.19% Added +23.3k +23,251
68 MAI Capital Management 0.10% of their portfolio INDEPENDENCE, OH 547,132547.1k $16.5m $16.5m 0.10% Added +8.9k +8,860
69 Farther Finance Advisors, LLC 0.17% of their portfolio SAN FRANCISCO, CA 538,826538.8k $16.2m $16.2m 0.17% Added +158.5k +158,469
70 Asset Management Group, Inc. 2.56% of their portfolio STAMFORD, CT 525,766525.8k $15.8m $15.8m 2.56% Reduced -19.7k -19,737
71 Sherwood Financial Partners, LLC 13.42% of their portfolio WESTLAKE VILLAGE, CA 517,868517.9k $15.6m $15.6m 13.42% Added +837 +837
72 Triangle Securities Wealth Management 3.28% of their portfolio RALEIGH, NC 516,831516.8k $15.5m $15.5m 3.28% Reduced -137 -137
73 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 513,919513.9k $15.5m $15.5m 0.00% Added +19.1k +19,094
74 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 513,131513.1k $15.4m $15.4m 0.00% Added +1.1k +1,117
75 HORIZON FINANCIAL SERVICES, LLC 6.82% of their portfolio WINSTON SALEM, NC 498,477498.5k $15.0m $15.0m 6.82% Reduced -3.4k -3,361
76 Curbstone Financial Management Corp 2.86% of their portfolio MANCHESTER, NH 497,949497.9k $15.0m $15.0m 2.86% Added +11.3k +11,330
77 HHM Wealth Advisors, LLC 1.73% of their portfolio CHATTANOOGA, TN 487,054487.1k $14.6m $14.6m 1.73% Reduced -11.4k -11,386
78 Trinity Legacy Partners, LLC 3.34% of their portfolio HOUSTON, TX 484,455484.5k $14.6m $14.6m 3.34% Added +7.0k +7,047
79 Savant Capital, LLC 0.08% of their portfolio ROCKFORD, IL 479,513479.5k $14.4m $14.4m 0.08% Reduced -9.8k -9,828
80 Harbor Group, Inc. 2.16% of their portfolio BEDFORD, NH 478,872478.9k $14.4m $14.4m 2.16% Added +93 +93
81 Womack Financial LLC 10.60% of their portfolio DALLAS, TX 477,566477.6k $14.4m $14.4m 10.60% Added +11.6k +11,558
82 PITTENGER & ANDERSON INC 0.55% of their portfolio LINCOLN, NE 474,903474.9k $14.3m $14.3m 0.55% Reduced -23.9k -23,900
83 IMA Advisory Services, Inc. 1.33% of their portfolio DENVER, CO 460,324460.3k $13.8m $13.8m 1.33% Added +13.1k +13,055
84 Courage Miller Partners, LLC 4.16% of their portfolio NORFOLK, VA 458,977459.0k $13.8m $13.8m 4.16% Reduced -4.2k -4,168
85 Clearwater Capital Advisors, LLC 1.14% of their portfolio HOFFMAN ESTATES, IL 456,692456.7k $13.7m $13.7m 1.14% Added +6.6k +6,560
86 Spinnaker Investment Group, LLC 2.46% of their portfolio Newport Beach, CA 451,608451.6k $13.6m $13.6m 2.46% Reduced -2.5k -2,519
87 LODESTAR PRIVATE ASSET MANAGEMENT LLC 1.36% of their portfolio ALAMO, CA 449,739449.7k $13.5m $13.5m 1.36% Added +35.0k +35,030
88 Schneider Downs Wealth Management Advisors, LP 1.52% of their portfolio Pittsburgh, PA 448,477448.5k $13.5m $13.5m 1.52% Added +7.3k +7,297
89 Fortis Capital Management LLC 1.74% of their portfolio BELLEVUE, WA 437,262437.3k $13.1m $13.1m 1.74% Added +42.9k +42,921
90 Cannon Capital Management, Inc. 11.53% of their portfolio SALT LAKE CITY, UT 435,855435.9k $13.1m $13.1m 11.53% First filing
91 Fifth Third Securities, Inc. 0.85% of their portfolio Cincinnati, OH 433,221433.2k $13.0m $13.0m 0.85% Added +21.1k +21,105
92 White & Co Financial Planning Inc 9.72% of their portfolio SUNNYSIDE, WA 432,356432.4k $13.0m $13.0m 9.72% Reduced -214 -214
93 Focus Financial Network, Inc. 0.45% of their portfolio MINNEAPOLIS, MN 426,954427.0k $12.8m $12.8m 0.45% Reduced -8.5k -8,477
94 BlackRock, Inc. 0.00% of their portfolio New York, NY 425,391425.4k $12.8m $12.8m 0.00% Added +213.5k +213,544
95 Pacific Sage Partners, LLC 1.97% of their portfolio EDMONDS, WA 412,211412.2k $12.4m $12.4m 1.97% Added +14.3k +14,255
96 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 406,508406.5k $12.2m $12.2m 0.02% Added +17.4k +17,448
97 St. Johns Investment Management Company, LLC 5.00% of their portfolio JACKSONVILLE, FL 398,643398.6k $12.0m $12.0m 5.00% Reduced -4.9k -4,878
98 Peak Financial Management, Inc. 3.04% of their portfolio WELLESLEY, MA 392,250392.2k $11.8m $11.8m 3.04% Added +4.5k +4,536
99 Brand Asset Management Group, Inc. 3.20% of their portfolio CHESTERFIELD, MO 380,554380.6k $11.4m $11.4m 3.20% Reduced -239 -239
100 Alliance Wealth Management Group 2.51% of their portfolio FLEMINGTON, NJ 380,277380.3k $11.4m $11.4m 2.51% Reduced -6.0k -5,975