Vault-13

SCHWAB STRATEGIC TR SCHA

US SML CAP ETF · ETP · CUSIP 808524607

962 institutional holders +29 vs Q1 2023
193,085,952193.1m shares reported held*
$8.5bnreported value*
71 new 375 added 377 reduced 49 sold out net sold ≈ $29.7m (-683.8k 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 ($6.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $43.81. Options: 7 managers hold calls ($68.0m notional), 3 hold puts ($670.1k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 871Q4 22: 945Q1 23: 933Q2 23: 962962Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022871
Q4 2022945
Q1 2023933
Q2 2023962

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 23Q2 23: 446 bought or addedQ2 23: 426 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022470366
Q1 2023406447
Q2 2023446426

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 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 0.01Q2 23 calls: $68.0mQ2 23 puts: $670.1kQ2 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
Q2 2023$68.0m$670.1k0.01

Biggest buyers

Charles Schwab Investment Advisory, Inc. Added +1,219,739+1.2m
Empower Advisory Group, LLC Added +612,552+612.6k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +452,230+452.2k
Cerity Partners LLC Added +339,486+339.5k
APPLETON GROUP, LLC Added +243,842+243.8k
American Financial Advisors, LLC Added +170,896+170.9k
UBS Group AG Added +163,689+163.7k
RETIREMENT GUYS FORMULA LLC New +155,304+155.3k
Prime Capital Investment Advisors, LLC Added +140,039+140.0k
Advisory Alpha, LLC Added +139,114+139.1k

Biggest sellers

MERCER GLOBAL ADVISORS INC /ADV Reduced -1,466,052-1.5m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,097,086-1.1m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -617,253-617.3k
HoyleCohen, LLC Reduced -353,973-354.0k
New York Life Investment Management LLC Reduced -318,186-318.2k
JANE STREET GROUP, LLC Reduced -251,692-251.7k
FDx Advisors, Inc. Reduced -212,246-212.2k
OSAIC HOLDINGS, INC. Reduced -172,988-173.0k
Capital Planning LLC Sold out -170,928-170.9k
BCS Wealth Management Sold out -131,510-131.5k

Biggest calls

Twin Tree Management, LP Added $48.1m662.0k shares
JANE STREET GROUP, LLC Added $16.7m229.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.7m37.9k shares
CITADEL ADVISORS LLC Reduced $1.2m26.5k shares
WOLVERINE TRADING, LLC Added $375.1k8.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Reduced $0100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $643.9k14.7k shares
CITADEL ADVISORS LLC Reduced $26.3k600 shares
Cutler Group LLC / CA Reduced $0100 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 4.91% of their portfolio SAN FRANCISCO, CA 72,288,62872.3m $3.2bn $3.2bn 4.91% Added +1.2m +1,219,739
2 Empower Advisory Group, LLC 2.22% of their portfolio Greenwood Village, CO 11,769,13211.8m $515.5m $515.5m 2.22% Added +612.6k +612,552
3 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 9,359,6659.4m $410.0m $410.0m 0.05% Added +130.6k +130,583
4 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.11% of their portfolio SAN FRANCISCO, CA 8,660,8478.7m $379.3m $379.3m 0.11% Added +452.2k +452,230
5 SEI INVESTMENTS CO 0.58% of their portfolio OAKS, PA 7,562,6137.6m $331.2m $331.2m 0.58% Added +131.3k +131,348
6 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 3,365,9473.4m $147.4m $147.4m 0.04% Added +64.6k +64,622
7 Financial Engines Advisors L.L.C. 0.30% of their portfolio SANTA CLARA, CA 2,720,3592.7m $119.2m $119.2m 0.30% Reduced -16.2k -16,217
8 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 2,370,8772.4m $103.8m $103.8m 0.05% Reduced -1.1m -1,097,086
9 OSAIC HOLDINGS, INC. 0.16% of their portfolio SCOTTSDALE, AZ 2,029,2272.0m $89.0m $89.0m 0.16% Reduced -173.0k -172,988
10 Creative Planning 0.11% of their portfolio OVERLAND PARK, KS 1,859,5001.9m $81.4m $81.4m 0.11% Added +66.4k +66,448
11 Advisory Alpha, LLC 4.14% of their portfolio HOLLAND, MI 1,841,1281.8m $80.6m $80.6m 4.14% Added +139.1k +139,114
12 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,718,1881.7m $75.3m $75.3m 0.03% Added +163.7k +163,689
13 MERCER GLOBAL ADVISORS INC /ADV 0.26% of their portfolio DENVER, CO 1,497,0091.5m $65.6m $65.6m 0.26% Reduced -1.5m -1,466,052
14 Mariner, LLC 0.17% of their portfolio Overland Park, KS 1,480,1131.5m $64.8m $64.8m 0.17% Reduced -31.9k -31,885
15 AJ WEALTH STRATEGIES, LLC 2.78% of their portfolio NEW YORK, NY 1,313,9511.3m $57.6m $57.6m 2.78% Added +25.6k +25,575
16 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 1,289,2991.3m $56.4m $56.4m 0.11% Added +18.2k +18,241
17 Marcum Wealth, LLC 6.33% of their portfolio CLEVELAND, OH 1,231,7371.2m $54.0m $54.0m 6.33% Reduced -39.4k -39,394
18 Savant Capital, LLC 0.79% of their portfolio ROCKFORD, IL 1,154,0481.2m $50.5m $50.5m 0.79% Reduced -21.3k -21,299
19 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,116,5751.1m $48.9m $48.9m 0.03% Added +109.4k +109,419
20 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,094,1291.1m $47.9m $47.9m 0.02% Reduced -127.9k -127,906
21 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,079,8381.1m $47.3m $47.3m 0.06% Reduced -30.5k -30,477
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 980,301980.3k $42.9m $42.9m 0.00% Reduced -69.7k -69,737
23 Gemmer Asset Management LLC 5.77% of their portfolio WALNUT CREEK, CA 969,114969.1k $42.4m $42.4m 5.77% Added +44.0k +43,975
24 Financial Advisors, LLC 10.09% of their portfolio ANDOVER, MA 966,951967.0k $42.4m $42.4m 10.09% Added +32.0k +32,008
25 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.23% of their portfolio IRVING, TX 957,457957.5k $41.9m $41.9m 0.23% Added +4.9k +4,938
26 Prime Capital Investment Advisors, LLC 0.76% of their portfolio OVERLAND PARK, KS 884,749884.7k $38.8m $38.8m 0.76% Added +140.0k +140,039
27 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.38% of their portfolio PLYMOUTH, MN 808,302808.3k $35.4m $35.4m 0.38% Reduced -617.3k -617,253
28 BerganKDV Wealth Management, LLC 3.41% of their portfolio BLOOMINGTON, MN 779,074779.1k $34.1m $34.1m 3.41% Added +11.6k +11,584
29 RAINEY & RANDALL WEALTH ADVISORS INC. 9.76% of their portfolio Celebration, FL 750,069750.1k $32.9m $32.9m 9.76% Added +37.5k +37,481
30 KLINGENSTEIN FIELDS & CO LP 1.43% of their portfolio NEW YORK, NY 707,685707.7k $31.0m $31.0m 1.43% Added +5.4k +5,386
31 Cerity Partners LLC 0.10% of their portfolio NEW YORK, NY 608,120608.1k $26.6m $26.6m 0.10% Added +339.5k +339,486
32 RKL Wealth Management LLC 3.09% of their portfolio LANCASTER, PA 595,296595.3k $26.1m $26.1m 3.09% Added +4.3k +4,320
33 Legacy Wealth Management, LLC 2.19% of their portfolio MEMPHIS, TN 589,883589.9k $25.8m $25.8m 2.19% Added +9.0k +8,993
34 Visionary Wealth Advisors 1.97% of their portfolio O'FALLON, IL 562,702562.7k $24.6m $24.6m 1.97% Reduced -44.5k -44,508
35 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 530,790530.8k $23.2m $23.2m 0.05% Reduced -3.8k -3,808
36 MERIDIAN MANAGEMENT CO 6.98% of their portfolio LITTLE ROCK, AR 508,542508.5k $22.3m $22.3m 6.98% Added +26 +26
37 Mokosak Advisory Group, LLC 8.45% of their portfolio URBANDALE, IA 487,853487.9k $21.4m $21.4m 8.45% Added +17.3k +17,303
38 MONETA GROUP INVESTMENT ADVISORS LLC 0.47% of their portfolio ST LOUIS, MO 487,486487.5k $21.4m $21.4m 0.47% Added +37.3k +37,342
39 1832 Asset Management L.P. 0.04% of their portfolio TORONTO, A6 469,940469.9k $20.6m $20.6m 0.04% Added +14.1k +14,130
40 Summit Financial Strategies, Inc. 3.76% of their portfolio Columbus, OH 460,448460.4k $20.2m $20.2m 3.76% Added +10.2k +10,190
41 Beacon Pointe Advisors, LLC 0.31% of their portfolio NEWPORT BEACH, CA 437,368437.4k $19.2m $19.2m 0.31% Reduced -86.7k -86,740
42 Bogart Wealth, LLC 1.20% of their portfolio MCLEAN, VA 432,795432.8k $19.0m $19.0m 1.20% Added +25.0k +24,998
43 Noble Family Wealth, LLC 5.86% of their portfolio Clearwater, FL 411,333411.3k $18.0m $18.0m 5.86% Added +4.9k +4,946
44 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 408,558408.6k $17.9m $17.9m 0.01% Added +938 +938
45 MONEYWISE, INC. 10.54% of their portfolio FOREST, VA 388,105388.1k $17.0m $17.0m 10.54% Reduced -30.8k -30,839
46 BlueSky Wealth Advisors, LLC 3.41% of their portfolio New Bern, NC 387,476387.5k $17.0m $17.0m 3.41% Added +23.4k +23,374
47 FIDELIS iM, LLC 9.40% of their portfolio MEDFORD, OR 377,781377.8k $16.5m $16.5m 9.40% Added +8.9k +8,877
48 MARSHALL FINANCIAL GROUP INC /ADV 6.30% of their portfolio DOYLESTOWN, PA 375,396375.4k $16.4m $16.4m 6.30% Reduced -2.9k -2,869
49 ForthRight Wealth Management, LLC 6.52% of their portfolio ALPHARETTA, GA 355,976356.0k $15.6m $15.6m 6.52% Added +28.1k +28,132
50 JANICZEK WEALTH MANAGEMENT, LLC 4.17% of their portfolio DENVER, CO 345,664345.7k $15.1m $15.1m 4.17% Reduced -1.7k -1,708
51 Integrated Wealth Concepts LLC 0.25% of their portfolio WALTHAM, MA 330,706330.7k $14.5m $14.5m 0.25% Reduced -10.5k -10,503
52 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 325,491325.5k $14.2m $14.2m 0.03% Added +2.8k +2,799
53 OneDigital Investment Advisors LLC 0.30% of their portfolio OVERLAND PARK, KS 314,591314.6k $13.8m $13.8m 0.30% Reduced -10.0k -10,039
54 Bangor Savings Bank 1.56% of their portfolio BANGOR, ME 314,264314.3k $13.8m $13.8m 1.56% Added +1.3k +1,290
55 SAGE FINANCIAL GROUP INC 1.45% of their portfolio W. CONSHOHOCKEN, PA 311,945311.9k $13.7m $13.7m 1.45% Added +23.7k +23,666
56 Strategic Financial Planning, Inc. 12.07% of their portfolio PLANO, TX 311,220311.2k $13.6m $13.6m 12.07% Added +9.6k +9,596
57 J.P. Morgan Private Wealth Advisors LLC 0.07% of their portfolio SAN FRANCISCO, CA 305,867305.9k $13.4m $13.4m 0.07% Reduced -20.3k -20,260
58 Waterford Advisors, LLC 6.33% of their portfolio ORCHARD PARK, NY 300,014300.0k $13.1m $13.1m 6.33% Added +8.7k +8,727
59 Burt Wealth Advisors 3.90% of their portfolio North Bethesda, MD 295,122295.1k $12.9m $12.9m 3.90% Reduced -10.3k -10,264
60 Bouchey Financial Group, Ltd. 1.54% of their portfolio TROY, NY 291,038291.0k $12.7m $12.7m 1.54% Reduced -6.7k -6,737
61 Focus Financial Network, Inc. 0.70% of their portfolio MINNEAPOLIS, MN 288,738288.7k $12.6m $12.6m 0.70% Reduced -1.3k -1,284
62 Curi Wealth Management, LLC 1.68% of their portfolio Raleigh, NC 283,320283.3k $12.4m $12.4m 1.68% Added +32 +32
63 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 282,638282.6k $12.4m $12.4m 0.06% Added +13.4k +13,425
64 RIVERSEDGE ADVISORS, LLC 3.35% of their portfolio Wilmington, DE 278,515278.5k $12.2m $12.2m 3.35% Added +36.9k +36,895
65 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 275,409275.4k $12.1m $12.1m 0.02% Reduced -18.6k -18,636
66 Hilltop Partners LLC 4.86% of their portfolio MISHAWAKA, IN 267,272267.3k $11.7m $11.7m 4.86% Reduced -11.4k -11,426
67 FIRST NATIONAL CORP /MA/ /ADV 2.78% of their portfolio ROCKLAND, MA 266,981267.0k $11.7m $11.7m 2.78% Reduced -12.7k -12,663
68 HHM Wealth Advisors, LLC 2.16% of their portfolio CHATTANOOGA, TN 262,664262.7k $11.5m $11.5m 2.16% Added +3.5k +3,498
69 Clearwater Capital Advisors, LLC 1.36% of their portfolio HOFFMAN ESTATES, IL 261,261261.3k $11.4m $11.4m 1.36% Added +2.1k +2,085
70 CoreCap Advisors, LLC 0.81% of their portfolio SOUTHFIELD, MI 259,690259.7k $11.4m $11.4m 0.81% First filing
71 APPLETON GROUP, LLC 15.75% of their portfolio APPLETON, WI 257,542257.5k $11.3m $11.3m 15.75% Added +243.8k +243,842
72 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 251,804251.8k $11.0m $11.0m 0.02% Reduced -9.6k -9,597
73 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 249,067249.1k $10.9m $10.9m 0.06% Reduced -49.2k -49,176
74 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 240,892240.9k $10.6m $10.6m 0.04% Reduced -27.4k -27,385
75 Ascension Capital Advisors, Inc. 6.65% of their portfolio Houston, TX 237,082237.1k $10.4m $10.4m 6.65% Reduced -4.7k -4,743
76 HoyleCohen, LLC 0.91% of their portfolio SAN DIEGO, CA 235,022235.0k $10.3m $10.3m 0.91% Reduced -354.0k -353,973
77 Buckingham Capital Management, Inc. 1.52% of their portfolio DAYTON, OH 233,054233.1k $10.2m $10.2m 1.52% Added +9.8k +9,773
78 Alliance Wealth Management Group 3.28% of their portfolio FLEMINGTON, NJ 230,317230.3k $10.1m $10.1m 3.28% Added +336 +336
79 Towercrest Capital Management 1.88% of their portfolio NEWTOWN, PA 230,317230.3k $10.1m $10.1m 1.88% Added +336 +336
80 NORTHWEST INVESTMENT COUNSELORS, LLC 2.69% of their portfolio Lake Oswego, OR 230,026230.0k $10.1m $10.1m 2.69% Reduced -8.2k -8,219
81 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 3.93% of their portfolio EAGLE, ID 228,228228.2k $10.0m $10.0m 3.93% Added +15.3k +15,295
82 Joule Financial, LLC 5.15% of their portfolio Lexington, KY 227,942227.9k $10.0m $10.0m 5.15% Added +17.9k +17,871
83 Tradition Wealth Management, LLC 1.17% of their portfolio EDINA, MN 227,904227.9k $10.0m $10.0m 1.17% Reduced -2.7k -2,733
84 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 225,732225.7k $9.9m $9.9m 0.02% Added +47.2k +47,249
85 IFP Advisors, Inc 0.29% of their portfolio TAMPA, FL 224,672224.7k $13.2m $13.2m 0.29% Added +97.4k +97,363
86 Sequoia Financial Advisors, LLC 0.17% of their portfolio Akron, OH 224,567224.6k $9.8m $9.8m 0.17% Added +2.6k +2,601
87 NORTH STAR ASSET MANAGEMENT INC 0.54% of their portfolio NEENAH, WI 224,413224.4k $9.8m $9.8m 0.54% Reduced -924 -924
88 New York Life Investment Management LLC 0.10% of their portfolio New York, NY 220,496220.5k $9.7m $9.7m 0.10% Reduced -318.2k -318,186
89 JOHNSON INVESTMENT COUNSEL INC 0.12% of their portfolio Cincinnati, OH 220,017220.0k $9.6m $9.6m 0.12% Added +12.0k +11,984
90 BUCKINGHAM STRATEGIC WEALTH, LLC 0.14% of their portfolio CLAYTON, MO 219,879219.9k $9.6m $9.6m 0.14% Added +10.2k +10,241
91 Main Street Financial Solutions, LLC 1.26% of their portfolio NEWTOWN, PA 214,293214.3k $9.4m $9.4m 1.26% Added +13.4k +13,421
92 St. Johns Investment Management Company, LLC 5.09% of their portfolio JACKSONVILLE, FL 213,978214.0k $9.4m $9.4m 5.09% Added +14.1k +14,117
93 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.38% of their portfolio Seattle, WA 212,437212.4k $9.3m $9.3m 0.38% Added +12.4k +12,449
94 Pacific Sage Partners, LLC 2.74% of their portfolio EDMONDS, WA 211,129211.1k $9.2m $9.2m 2.74% Added +9.1k +9,094
95 Charles Schwab Trust Co 1.01% of their portfolio HENDERSON, NV 207,993208.0k $8.4m $8.4m 1.01% Added +3.4k +3,443
96 Tiller Private Wealth, Inc. 4.92% of their portfolio BETHLEHEM, PA 206,491206.5k $9.0m $9.0m 4.92% Added +19.9k +19,943
97 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 203,346203.3k $8.9m $8.9m 0.01% Reduced -13.7k -13,725
98 AE Wealth Management LLC 0.05% of their portfolio TOPEKA, KS 200,857200.9k $8.8m $8.8m 0.05% Added +9.2k +9,160
99 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 0.73% of their portfolio KNOXVILLE, TN 196,711196.7k $8.6m $8.6m 0.73% Reduced -13.8k -13,801
100 American Financial Advisors, LLC 1.32% of their portfolio Marietta, GA 192,244192.2k $8.4m $8.4m 1.32% Added +170.9k +170,896