Vault-13

SCHWAB STRATEGIC TR SCHA

US SML CAP ETF · ETP · CUSIP 808524607

933 institutional holders -12 vs Q4 2022
192,211,301192.2m shares reported held*
$8.1bnreported value*
60 new 346 added 383 reduced 64 sold out net sold ≈ $185.0m (-4.3m 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 ($50.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $41.94. Options: 7 managers hold calls ($59.4m notional), 4 hold puts ($830.4k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 871Q4 22: 945Q1 23: 933933Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022871
Q4 2022945
Q1 2023933

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 470 bought or addedQ4 22: 366 cut or sold outQ4 22Q1 23: 406 bought or addedQ1 23: 447 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022470366
Q1 2023406447

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 22 calls: $1.8mQ3 22 puts: $348.0kQ3 22P/C 0.20Q4 22 calls: $1.8mQ4 22 puts: $267.4kQ4 22P/C 0.15Q1 23 calls: $59.4mQ1 23 puts: $830.4kQ1 23P/C 0.01
Numbers
QuarterCallsPutsP/C
Q3 2022$1.8m$348.0k0.20
Q4 2022$1.8m$267.4k0.15
Q1 2023$59.4m$830.4k0.01

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +654,163+654.2k
BANK OF AMERICA CORP /DE/ Added +507,613+507.6k
Focus Financial Network, Inc. New +290,022+290.0k
JANE STREET GROUP, LLC Added +282,187+282.2k
AMERIPRISE FINANCIAL INC Added +246,822+246.8k
Hilltop Partners LLC Added +155,813+155.8k
Thrivent Financial for Lutherans Added +152,650+152.7k
ForthRight Wealth Management, LLC Added +133,073+133.1k
MONETA GROUP INVESTMENT ADVISORS LLC Added +115,835+115.8k
Simplicity Solutions, LLC New +105,756+105.8k

Biggest sellers

Charles Schwab Investment Advisory, Inc. Reduced -2,696,230-2.7m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -1,357,004-1.4m
Tradewinds Capital Management, LLC Reduced -647,558-647.6k
HighTower Advisors, LLC Reduced -607,506-607.5k
American Trust Reduced -508,888-508.9k
MORGAN STANLEY Reduced -289,604-289.6k
Sweet Financial Partners, LLC Reduced -209,307-209.3k
Advisory Alpha, LLC Reduced -159,079-159.1k
Holistic Financial Partners Reduced -132,612-132.6k
Your Advocates Ltd., LLP Reduced -109,274-109.3k

Biggest calls

Twin Tree Management, LP New $40.3m550.2k shares
JANE STREET GROUP, LLC New $16.1m220.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.6m37.3k shares
CITADEL ADVISORS LLC Added $1.2m29.8k shares
WOLVERINE TRADING, LLC New $259.0k6.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Reduced $01.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $549.3k13.1k shares
WOLVERINE TRADING, LLC New $214.0k5.2k shares
CITADEL ADVISORS LLC New $67.1k1.6k shares
Cutler Group LLC / CA Added $0500 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 4.75% of their portfolio SAN FRANCISCO, CA 71,068,88971.1m $3.0bn $3.0bn 4.75% Reduced -2.7m -2,696,230
2 Empower Advisory Group, LLC 2.10% of their portfolio Greenwood Village, CO 11,156,58011.2m $467.6m $467.6m 2.10% First filing
3 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 9,229,0829.2m $387.0m $387.0m 0.04% Added +507.6k +507,613
4 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio SAN FRANCISCO, CA 8,208,6178.2m $344.2m $344.2m 0.10% Added +654.2k +654,163
5 SEI INVESTMENTS CO 0.58% of their portfolio OAKS, PA 7,431,2657.4m $311.6m $311.6m 0.58% Added +33.1k +33,088
6 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 3,467,9633.5m $145.4m $145.4m 0.07% Reduced -82.8k -82,769
7 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 3,301,3253.3m $138.4m $138.4m 0.04% Added +91.8k +91,802
8 MERCER GLOBAL ADVISORS INC /ADV 0.56% of their portfolio DENVER, CO 2,963,0613.0m $124.2m $124.2m 0.56% Reduced -97.1k -97,123
9 Financial Engines Advisors L.L.C. 0.30% of their portfolio SANTA CLARA, CA 2,736,5762.7m $114.7m $114.7m 0.30% Reduced -29.6k -29,606
10 OSAIC HOLDINGS, INC. 0.17% of their portfolio SCOTTSDALE, AZ 2,202,2152.2m $92.0m $92.0m 0.17% Added +3.8k +3,810
11 Creative Planning 0.11% of their portfolio OVERLAND PARK, KS 1,793,0521.8m $75.2m $75.2m 0.11% Reduced -3.7k -3,654
12 Advisory Alpha, LLC 4.53% of their portfolio HOLLAND, MI 1,702,0141.7m $71.4m $71.4m 4.53% Reduced -159.1k -159,079
13 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,554,4991.6m $65.2m $65.2m 0.03% Added +25.4k +25,389
14 Mariner, LLC 0.18% of their portfolio Overland Park, KS 1,511,9981.5m $63.4m $63.4m 0.18% Added +12.0k +12,046
15 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.70% of their portfolio PLYMOUTH, MN 1,425,5551.4m $59.8m $59.8m 0.70% Reduced -1.4m -1,357,004
16 AJ WEALTH STRATEGIES, LLC 2.82% of their portfolio NEW YORK, NY 1,288,3761.3m $54.0m $54.0m 2.82% Reduced -22.7k -22,657
17 Marcum Wealth, LLC 6.65% of their portfolio CLEVELAND, OH 1,271,1311.3m $53.3m $53.3m 6.65% Reduced -21.9k -21,935
18 HighTower Advisors, LLC 0.12% of their portfolio CHICAGO, IL 1,271,0581.3m $53.3m $53.3m 0.12% Reduced -607.5k -607,506
19 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,222,0351.2m $51.3m $51.3m 0.02% Added +246.8k +246,822
20 Savant Capital, LLC 0.92% of their portfolio ROCKFORD, IL 1,175,3471.2m $49.3m $49.3m 0.92% Reduced -47.2k -47,175
21 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,110,3151.1m $46.6m $46.6m 0.06% Reduced -75.4k -75,443
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,050,0381.1m $44.0m $44.0m 0.00% Reduced -289.6k -289,604
23 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,007,1561.0m $42.2m $42.2m 0.03% Reduced -39.3k -39,253
24 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.22% of their portfolio IRVING, TX 952,519952.5k $39.9m $39.9m 0.22% Reduced -6.3k -6,309
25 Financial Advisors, LLC 9.93% of their portfolio ANDOVER, MA 934,943934.9k $39.2m $39.2m 9.93% Added +32.4k +32,419
26 Gemmer Asset Management LLC 5.67% of their portfolio WALNUT CREEK, CA 925,139925.1k $38.8m $38.8m 5.67% Added +28.7k +28,700
27 BerganKDV Wealth Management, LLC 3.32% of their portfolio BLOOMINGTON, MN 767,490767.5k $32.2m $32.2m 3.32% Added +14.1k +14,141
28 Prime Capital Investment Advisors, LLC 1.28% of their portfolio OVERLAND PARK, KS 744,710744.7k $31.2m $31.2m 1.28% Reduced -34.2k -34,197
29 RAINEY & RANDALL WEALTH ADVISORS INC. 9.58% of their portfolio Celebration, FL 712,588712.6k $29.9m $29.9m 9.58% Added +45.3k +45,295
30 KLINGENSTEIN FIELDS & CO LP 1.47% of their portfolio NEW YORK, NY 702,299702.3k $29.4m $29.4m 1.47% Reduced -18.3k -18,280
31 Visionary Wealth Advisors 2.16% of their portfolio O'FALLON, IL 607,210607.2k $25.5m $25.5m 2.16% Added +6.3k +6,284
32 RKL Wealth Management LLC 3.13% of their portfolio LANCASTER, PA 590,976591.0k $24.8m $24.8m 3.13% Reduced -2.1k -2,119
33 HoyleCohen, LLC 2.30% of their portfolio SAN DIEGO, CA 588,995589.0k $24.7m $24.7m 2.30% Added +18.2k +18,242
34 Legacy Wealth Management, LLC 2.18% of their portfolio MEMPHIS, TN 580,890580.9k $24.4m $24.4m 2.18% Added +3.6k +3,556
35 New York Life Investment Management LLC 0.25% of their portfolio New York, NY 538,682538.7k $22.6m $22.6m 0.25% Added +29.7k +29,667
36 Corient Private Wealth LP 0.06% of their portfolio MIAMI, FL 534,598534.6k $22.4m $22.4m 0.06% Added +25.9k +25,927
37 Beacon Pointe Advisors, LLC 0.37% of their portfolio NEWPORT BEACH, CA 524,108524.1k $22.0m $22.0m 0.37% Added +25.3k +25,321
38 MERIDIAN MANAGEMENT CO 6.99% of their portfolio LITTLE ROCK, AR 508,516508.5k $21.3m $21.3m 6.99% Added +24.0k +24,048
39 Mokosak Advisory Group, LLC 8.41% of their portfolio URBANDALE, IA 470,550470.6k $19.7m $19.7m 8.41% Added +3.9k +3,876
40 1832 Asset Management L.P. 0.04% of their portfolio TORONTO, A6 455,810455.8k $19.1m $19.1m 0.04% Unchanged
41 Summit Financial Strategies, Inc. 3.72% of their portfolio Columbus, OH 450,258450.3k $18.9m $18.9m 3.72% Added +14.1k +14,136
42 MONETA GROUP INVESTMENT ADVISORS LLC 0.45% of their portfolio ST LOUIS, MO 450,144450.1k $18.9m $18.9m 0.45% Added +115.8k +115,835
43 MONEYWISE, INC. 11.36% of their portfolio FOREST, VA 418,944418.9k $17.6m $17.6m 11.36% Added +24.8k +24,796
44 Bogart Wealth, LLC 1.14% of their portfolio MCLEAN, VA 407,797407.8k $17.1m $17.1m 1.14% Added +21.7k +21,696
45 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 407,620407.6k $17.1m $17.1m 0.01% Added +2.0k +1,977
46 Noble Family Wealth, LLC 5.81% of their portfolio Clearwater, FL 406,387406.4k $17.0m $17.0m 5.81% First filing
47 MARSHALL FINANCIAL GROUP INC /ADV 6.45% of their portfolio DOYLESTOWN, PA 378,265378.3k $15.9m $15.9m 6.45% Reduced -10.1k -10,148
48 FIDELIS iM, LLC 9.23% of their portfolio MEDFORD, OR 368,904368.9k $15.5m $15.5m 9.23% Added +29.4k +29,424
49 BlueSky Wealth Advisors, LLC 3.16% of their portfolio New Bern, NC 364,102364.1k $15.3m $15.3m 3.16% Added +11.2k +11,163
50 JANICZEK WEALTH MANAGEMENT, LLC 4.08% of their portfolio DENVER, CO 347,372347.4k $14.4m $14.4m 4.08% Added +1.2k +1,222
51 Integrated Wealth Concepts LLC 0.29% of their portfolio WALTHAM, MA 341,209341.2k $14.3m $14.3m 0.29% Added +72.9k +72,868
52 ForthRight Wealth Management, LLC 6.29% of their portfolio ALPHARETTA, GA 327,844327.8k $13.7m $13.7m 6.29% Added +133.1k +133,073
53 J.P. Morgan Private Wealth Advisors LLC 0.03% of their portfolio SAN FRANCISCO, CA 326,127326.1k $13.7m $13.7m 0.03% Reduced -3.8k -3,784
54 OneDigital Investment Advisors LLC 0.32% of their portfolio OVERLAND PARK, KS 324,630324.6k $13.6m $13.6m 0.32% Reduced -3.2k -3,155
55 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 322,692322.7k $13.3m $13.3m 0.03% Added +152.7k +152,650
56 Bangor Savings Bank 1.55% of their portfolio BANGOR, ME 312,974313.0k $13.1m $13.1m 1.55% Reduced -5.5k -5,461
57 Burt Wealth Advisors 3.98% of their portfolio North Bethesda, MD 305,386305.4k $12.8m $12.8m 3.98% Added +3.0k +2,981
58 Strategic Financial Planning, Inc. 11.56% of their portfolio PLANO, TX 301,624301.6k $12.6m $12.6m 11.56% Added +7.7k +7,731
59 MML INVESTORS SERVICES, LLC 0.09% of their portfolio SPRINGFIELD, MA 298,243298.2k $12.5m $12.5m 0.09% Reduced -26.5k -26,463
60 Bouchey Financial Group, Ltd. 1.65% of their portfolio TROY, NY 297,775297.8k $12.5m $12.5m 1.65% Reduced -8.8k -8,818
61 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 294,045294.0k $12.3m $12.3m 0.02% Reduced -11.9k -11,944
62 Waterford Advisors, LLC 6.61% of their portfolio ORCHARD PARK, NY 291,287291.3k $12.2m $12.2m 6.61% Added +8.3k +8,311
63 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 290,212290.2k $12.2m $12.2m 0.02% Added +282.2k +282,187
64 Focus Financial Network, Inc. 0.76% of their portfolio MINNEAPOLIS, MN 290,022290.0k $12.2m $12.2m 0.76% New
65 SAGE FINANCIAL GROUP INC 1.37% of their portfolio W. CONSHOHOCKEN, PA 288,279288.3k $12.1m $12.1m 1.37% Added +39.4k +39,408
66 Curi Wealth Management, LLC 1.71% of their portfolio Raleigh, NC 283,288283.3k $11.9m $11.9m 1.71% Reduced -11.6k -11,606
67 FIRST NATIONAL CORP /MA/ /ADV 2.79% of their portfolio ROCKLAND, MA 279,644279.6k $11.7m $11.7m 2.79% Reduced -2.8k -2,793
68 Hilltop Partners LLC 5.27% of their portfolio MISHAWAKA, IN 278,698278.7k $11.7m $11.7m 5.27% Added +155.8k +155,813
69 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 269,213269.2k $11.3m $11.3m 0.06% Reduced -36.1k -36,061
70 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 268,634268.6k $11.3m $11.3m 0.03% Added +14.0k +14,031
71 CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio RALEIGH, NC 268,277268.3k $11.3m $11.3m 0.05% Reduced -58.1k -58,131
72 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 261,401261.4k $11.0m $11.0m 0.02% Added +9.4k +9,437
73 Clearwater Capital Advisors, LLC 1.33% of their portfolio HOFFMAN ESTATES, IL 259,176259.2k $10.9m $10.9m 1.33% Reduced -1.7k -1,725
74 HHM Wealth Advisors, LLC 2.22% of their portfolio CHATTANOOGA, TN 259,166259.2k $10.9m $10.9m 2.22% Added +14.2k +14,151
75 Ascension Capital Advisors, Inc. 7.83% of their portfolio Houston, TX 241,825241.8k $10.1m $10.1m 7.83% Reduced -5.1k -5,145
76 RIVERSEDGE ADVISORS, LLC 2.95% of their portfolio Wilmington, DE 241,620241.6k $10.1m $10.1m 2.95% Added +41.7k +41,747
77 NORTHWEST INVESTMENT COUNSELORS, LLC 2.78% of their portfolio Lake Oswego, OR 238,245238.2k $10.0m $10.0m 2.78% Reduced -2.6k -2,634
78 Tradition Wealth Management, LLC 1.20% of their portfolio EDINA, MN 230,637230.6k $9.7m $9.7m 1.20% Added +3.3k +3,258
79 Alliance Wealth Management Group 3.28% of their portfolio FLEMINGTON, NJ 229,981230.0k $9.6m $9.6m 3.28% Reduced -885 -885
80 Towercrest Capital Management 2.01% of their portfolio NEWTOWN, PA 229,981230.0k $9.6m $9.6m 2.01% Reduced -885 -885
81 NORTH STAR ASSET MANAGEMENT INC 0.56% of their portfolio NEENAH, WI 225,337225.3k $9.4m $9.4m 0.56% Reduced -5.2k -5,232
82 Buckingham Capital Management, Inc. 1.50% of their portfolio DAYTON, OH 223,281223.3k $9.4m $9.4m 1.50% Added +1.1k +1,099
83 Sequoia Financial Advisors, LLC 0.21% of their portfolio Akron, OH 221,966222.0k $9.3m $9.3m 0.21% Reduced -12.0k -11,986
84 FDx Advisors, Inc. 0.39% of their portfolio BERWYN, PA 218,801218.8k $8.9m $8.9m 0.39% Unchanged
85 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 217,071217.1k $9.1m $9.1m 0.02% Added +676 +676
86 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 3.34% of their portfolio EAGLE, ID 212,933212.9k $8.9m $8.9m 3.34% Added +14.4k +14,356
87 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 0.78% of their portfolio KNOXVILLE, TN 210,512210.5k $8.8m $8.8m 0.78% Reduced -4.2k -4,193
88 Joule Financial, LLC 4.73% of their portfolio Lexington, KY 210,071210.1k $8.8m $8.8m 4.73% Added +54.8k +54,783
89 BUCKINGHAM STRATEGIC WEALTH, LLC 0.15% of their portfolio CLAYTON, MO 209,638209.6k $8.5m $8.5m 0.15% Unchanged
90 JOHNSON INVESTMENT COUNSEL INC 0.12% of their portfolio Cincinnati, OH 208,033208.0k $8.7m $8.7m 0.12% Added +2.6k +2,593
91 Charles Schwab Trust Co 1.04% of their portfolio HENDERSON, NV 204,550204.6k $8.6m $8.6m 1.04% Added +27.1k +27,079
92 Pacific Sage Partners, LLC 2.73% of their portfolio EDMONDS, WA 202,035202.0k $8.5m $8.5m 2.73% Reduced -1.9k -1,864
93 Main Street Financial Solutions, LLC 1.23% of their portfolio NEWTOWN, PA 200,872200.9k $8.4m $8.4m 1.23% Added +4.7k +4,672
94 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.36% of their portfolio Seattle, WA 199,988200.0k $8.4m $8.4m 0.36% Added +4.6k +4,567
95 St. Johns Investment Management Company, LLC 4.87% of their portfolio JACKSONVILLE, FL 199,861199.9k $8.4m $8.4m 4.87% Added +8.4k +8,393
96 Asset Advisors Investment Management, LLC 1.09% of their portfolio AUGUSTA, GA 198,288198.3k $8.3m $8.3m 1.09% Reduced -5.2k -5,173
97 AE Wealth Management LLC 0.05% of their portfolio TOPEKA, KS 191,697191.7k $8.0m $8.0m 0.05% Reduced -37.8k -37,843
98 APPLETON PARTNERS INC/MA 0.70% of their portfolio BOSTON, MA 188,990189.0k $7.9m $7.9m 0.70% Reduced -987 -987
99 Tiller Private Wealth, Inc. 4.38% of their portfolio BETHLEHEM, PA 186,548186.5k $7.8m $7.8m 4.38% Added +19.2k +19,164
100 Matrix Trust Co 2.07% of their portfolio DENVER, CO 183,562183.6k $7.7m $7.7m 2.07% Added +4.1k +4,132