Vault-13

SCHWAB STRATEGIC TR SCHA

US SML CAP ETF · ETP · CUSIP 808524607

948 institutional holders -14 vs Q2 2023
194,801,944194.8m shares reported held*
$8.1bnreported value*
49 new 399 added 347 reduced 60 sold out net bought ≈ $215.0m (+5.2m 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 ($44.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $41.44. Options: 6 managers hold calls ($136.1m notional), 3 hold puts ($298.2k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 871Q4 22: 945Q1 23: 933Q2 23: 962Q3 23: 948948Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022871
Q4 2022945
Q1 2023933
Q2 2023962
Q3 2023948

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 23Q3 23: 448 bought or addedQ3 23: 407 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022470366
Q1 2023406447
Q2 2023446426
Q3 2023448407

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ4 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 0.01Q3 23 calls: $136.1mQ3 23 puts: $298.2kQ3 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2022$1.8m$267.4k0.15
Q1 2023$59.4m$830.4k0.01
Q2 2023$68.0m$670.1k0.01
Q3 2023$136.1m$298.2k0.00

Biggest buyers

Charles Schwab Investment Advisory, Inc. Added +1,507,066+1.5m
Cerity Partners LLC Added +1,352,277+1.4m
Strategic Investment Solutions, Inc. /IL Added +978,827+978.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +866,569+866.6k
Creative Planning Added +584,906+584.9k
Granite Bay Wealth Management, LLC New +377,984+378.0k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +322,503+322.5k
CAPTRUST FINANCIAL ADVISORS Added +189,120+189.1k
OLD NATIONAL BANCORP /IN/ Added +161,508+161.5k
Advisory Alpha, LLC Added +160,673+160.7k

Biggest sellers

Empower Advisory Group, LLC Reduced -940,986-941.0k
OSAIC HOLDINGS, INC. Reduced -460,607-460.6k
Prime Capital Investment Advisors, LLC Reduced -267,318-267.3k
APPLETON GROUP, LLC Reduced -243,095-243.1k
Hilltop Partners LLC Reduced -236,060-236.1k
RETIREMENT GUYS FORMULA LLC Sold out -155,304-155.3k
IFP Advisors, Inc Reduced -142,951-143.0k
AdvisorNet Financial, Inc Reduced -139,374-139.4k
Adams Wealth Management Sold out -111,173-111.2k
Pacific Sage Partners, LLC Reduced -84,941-84.9k

Biggest calls

Twin Tree Management, LP Added $117.9m1.7m shares
JANE STREET GROUP, LLC Reduced $16.1m227.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.1m27.2k shares
CITADEL ADVISORS LLC Reduced $948.5k22.9k shares
Cutler Group LLC / CA Added $2.0k2.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $227.8k5.5k shares
CITADEL ADVISORS LLC Added $70.4k1.7k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 4.83% of their portfolio SAN FRANCISCO, CA 73,795,69473.8m $3.1bn $3.1bn 4.83% Added +1.5m +1,507,066
2 Empower Advisory Group, LLC 1.98% of their portfolio Greenwood Village, CO 10,828,14610.8m $448.5m $448.5m 1.98% Reduced -941.0k -940,986
3 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 9,409,6409.4m $389.7m $389.7m 0.05% Added +50.0k +49,975
4 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.11% of their portfolio SAN FRANCISCO, CA 8,983,3509.0m $372.1m $372.1m 0.11% Added +322.5k +322,503
5 SEI INVESTMENTS CO 0.57% of their portfolio OAKS, PA 7,614,3457.6m $315.4m $315.4m 0.57% Added +51.7k +51,732
6 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 3,446,2463.4m $142.7m $142.7m 0.04% Added +80.3k +80,299
7 Financial Engines Advisors L.L.C. 0.29% of their portfolio SANTA CLARA, CA 2,676,1892.7m $110.8m $110.8m 0.29% Reduced -44.2k -44,170
8 Creative Planning 0.14% of their portfolio OVERLAND PARK, KS 2,444,4062.4m $101.2m $101.2m 0.14% Added +584.9k +584,906
9 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 2,354,2922.4m $97.5m $97.5m 0.04% Reduced -16.6k -16,585
10 Advisory Alpha, LLC 4.27% of their portfolio HOLLAND, MI 2,001,8012.0m $82.9m $82.9m 4.27% Added +160.7k +160,673
11 Cerity Partners LLC 0.39% of their portfolio NEW YORK, NY 1,960,3972.0m $81.2m $81.2m 0.39% Added +1.4m +1,352,277
12 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,775,0071.8m $73.5m $73.5m 0.03% Added +56.8k +56,819
13 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.23% of their portfolio PLYMOUTH, MN 1,674,8711.7m $69.4m $69.4m 0.23% Added +866.6k +866,569
14 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 1,568,6201.6m $65.0m $65.0m 0.10% Reduced -460.6k -460,607
15 Mariner, LLC 0.17% of their portfolio Overland Park, KS 1,512,6071.5m $62.7m $62.7m 0.17% Added +32.5k +32,494
16 MERCER GLOBAL ADVISORS INC /ADV 0.23% of their portfolio DENVER, CO 1,438,2541.4m $59.6m $59.6m 0.23% Reduced -58.8k -58,755
17 HighTower Advisors, LLC 0.10% of their portfolio CHICAGO, IL 1,322,3481.3m $54.7m $54.7m 0.10% Added +33.0k +33,049
18 Marcum Wealth, LLC 6.01% of their portfolio CLEVELAND, OH 1,207,2901.2m $50.0m $50.0m 6.01% Reduced -24.4k -24,447
19 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,205,9421.2m $50.0m $50.0m 0.02% Added +111.8k +111,813
20 Savant Capital, LLC 0.74% of their portfolio ROCKFORD, IL 1,197,4471.2m $49.6m $49.6m 0.74% Added +43.4k +43,399
21 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,158,5861.2m $48.0m $48.0m 0.03% Added +42.0k +42,011
22 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,110,6371.1m $46.0m $46.0m 0.06% Added +30.8k +30,799
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,014,7791.0m $42.0m $42.0m 0.00% Added +34.5k +34,478
24 Strategic Investment Solutions, Inc. /IL 0.54% of their portfolio ORLAND PARK, IL 993,912993.9k $43.6m $43.6m 0.54% Added +978.8k +978,827
25 Financial Advisors, LLC 10.10% of their portfolio ANDOVER, MA 984,705984.7k $40.8m $40.8m 10.10% Added +17.8k +17,754
26 Gemmer Asset Management LLC 5.45% of their portfolio WALNUT CREEK, CA 975,078975.1k $40.4m $40.4m 5.45% Added +6.0k +5,964
27 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.26% of their portfolio IRVING, TX 942,936942.9k $39.1m $39.1m 0.26% Reduced -14.5k -14,521
28 RAINEY & RANDALL WEALTH ADVISORS INC. 9.71% of their portfolio Celebration, FL 811,567811.6k $33.6m $33.6m 9.71% Added +61.5k +61,498
29 KLINGENSTEIN FIELDS & CO LP 1.43% of their portfolio NEW YORK, NY 707,123707.1k $29.3m $29.3m 1.43% Reduced -562 -562
30 Prime Capital Investment Advisors, LLC 0.52% of their portfolio OVERLAND PARK, KS 617,431617.4k $25.6m $25.6m 0.52% Reduced -267.3k -267,318
31 RKL Wealth Management LLC 3.02% of their portfolio LANCASTER, PA 596,007596.0k $24.7m $24.7m 3.02% Added +711 +711
32 Legacy Wealth Management, LLC 2.11% of their portfolio MEMPHIS, TN 583,621583.6k $24.2m $24.2m 2.11% Reduced -6.3k -6,262
33 MONETA GROUP INVESTMENT ADVISORS LLC 0.53% of their portfolio ST LOUIS, MO 558,980559.0k $23.2m $23.2m 0.53% Added +71.5k +71,494
34 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 529,857529.9k $21.9m $21.9m 0.05% Reduced -933 -933
35 Visionary Wealth Advisors 1.77% of their portfolio O'FALLON, IL 526,987527.0k $21.8m $21.8m 1.77% Reduced -35.7k -35,715
36 MERIDIAN MANAGEMENT CO 6.97% of their portfolio LITTLE ROCK, AR 515,951516.0k $21.4m $21.4m 6.97% Added +7.4k +7,409
37 Beacon Pointe Advisors, LLC 0.26% of their portfolio NEWPORT BEACH, CA 506,487506.5k $21.0m $21.0m 0.26% Added +69.1k +69,119
38 Mokosak Advisory Group, LLC 8.37% of their portfolio URBANDALE, IA 497,025497.0k $20.6m $20.6m 8.37% Added +9.2k +9,172
39 1832 Asset Management L.P. 0.04% of their portfolio TORONTO, A6 469,940469.9k $19.5m $19.5m 0.04% Unchanged
40 Summit Financial Strategies, Inc. 3.70% of their portfolio Columbus, OH 469,130469.1k $19.4m $19.4m 3.70% Added +8.7k +8,682
41 Bogart Wealth, LLC 1.15% of their portfolio MCLEAN, VA 450,678450.7k $18.7m $18.7m 1.15% Added +17.9k +17,883
42 CAPTRUST FINANCIAL ADVISORS 0.07% of their portfolio RALEIGH, NC 430,012430.0k $17.8m $17.8m 0.07% Added +189.1k +189,120
43 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 417,055417.1k $17.3m $17.3m 0.01% Added +8.5k +8,497
44 BlueSky Wealth Advisors, LLC 3.52% of their portfolio New Bern, NC 415,677415.7k $17.2m $17.2m 3.52% Added +28.2k +28,201
45 Noble Family Wealth, LLC 5.70% of their portfolio Clearwater, FL 407,869407.9k $16.9m $16.9m 5.70% Reduced -3.5k -3,464
46 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 398,064398.1k $16.6m $16.6m 0.04% Added +72.6k +72,573
47 FIDELIS iM, LLC 9.36% of their portfolio MEDFORD, OR 385,576385.6k $16.0m $16.0m 9.36% Added +7.8k +7,795
48 Granite Bay Wealth Management, LLC 0.16% of their portfolio PORTSMOUTH, NH 377,984378.0k $16.6m $16.6m 0.16% New
49 MARSHALL FINANCIAL GROUP INC /ADV 6.29% of their portfolio DOYLESTOWN, PA 372,476372.5k $15.4m $15.4m 6.29% Reduced -2.9k -2,920
50 ForthRight Wealth Management, LLC 6.38% of their portfolio ALPHARETTA, GA 357,436357.4k $14.8m $14.8m 6.38% Added +1.5k +1,460
51 MONEYWISE, INC. 9.23% of their portfolio FOREST, VA 355,217355.2k $14.7m $14.7m 9.23% Reduced -32.9k -32,888
52 JANICZEK WEALTH MANAGEMENT, LLC 3.81% of their portfolio DENVER, CO 348,871348.9k $14.5m $14.5m 3.81% Added +3.2k +3,207
53 Strategic Financial Planning, Inc. 12.05% of their portfolio PLANO, TX 315,961316.0k $13.1m $13.1m 12.05% Added +4.7k +4,741
54 Bangor Savings Bank 1.55% of their portfolio BANGOR, ME 314,486314.5k $13.0m $13.0m 1.55% Added +222 +222
55 SAGE FINANCIAL GROUP INC 1.43% of their portfolio W. CONSHOHOCKEN, PA 312,462312.5k $12.9m $12.9m 1.43% Added +517 +517
56 J.P. Morgan Private Wealth Advisors LLC 0.04% of their portfolio SAN FRANCISCO, CA 311,886311.9k $12.9m $12.9m 0.04% Added +6.0k +6,019
57 OneDigital Investment Advisors LLC 0.28% of their portfolio OVERLAND PARK, KS 308,136308.1k $12.8m $12.8m 0.28% Reduced -6.5k -6,455
58 Waterford Advisors, LLC 7.00% of their portfolio ORCHARD PARK, NY 301,949301.9k $12.5m $12.5m 7.00% Added +1.9k +1,935
59 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 297,342297.3k $12.3m $12.3m 0.07% Added +48.3k +48,275
60 Burt Wealth Advisors 3.72% of their portfolio North Bethesda, MD 292,282292.3k $12.1m $12.1m 3.72% Reduced -2.8k -2,840
61 Focus Financial Network, Inc. 0.68% of their portfolio MINNEAPOLIS, MN 289,661289.7k $12.0m $12.0m 0.68% Added +923 +923
62 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 287,504287.5k $11.9m $11.9m 0.06% Added +4.9k +4,866
63 Bouchey Financial Group, Ltd. 1.43% of their portfolio TROY, NY 281,780281.8k $11.7m $11.7m 1.43% Reduced -9.3k -9,258
64 RIVERSEDGE ADVISORS, LLC 3.38% of their portfolio Wilmington, DE 276,434276.4k $11.4m $11.4m 3.38% Reduced -2.1k -2,081
65 CoreCap Advisors, LLC 0.82% of their portfolio SOUTHFIELD, MI 276,267276.3k $11.4m $11.4m 0.82% Added +16.6k +16,577
66 FIRST NATIONAL CORP /MA/ /ADV 3.06% of their portfolio ROCKLAND, MA 275,373275.4k $11.4m $11.4m 3.06% Added +8.4k +8,392
67 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 268,957269.0k $12.7m $12.7m 0.02% Reduced -6.5k -6,452
68 Integrated Wealth Concepts LLC 0.20% of their portfolio WALTHAM, MA 267,334267.3k $11.1m $11.1m 0.20% Reduced -63.4k -63,372
69 BUCKINGHAM STRATEGIC WEALTH, LLC 0.15% of their portfolio CLAYTON, MO 262,146262.1k $10.9m $10.9m 0.15% Added +42.3k +42,267
70 Clearwater Capital Advisors, LLC 1.32% of their portfolio HOFFMAN ESTATES, IL 261,024261.0k $10.8m $10.8m 1.32% Reduced -237 -237
71 New York Life Investment Management LLC 0.12% of their portfolio New York, NY 258,353258.4k $10.7m $10.7m 0.12% Added +37.9k +37,857
72 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 257,302257.3k $10.7m $10.7m 0.02% Added +5.5k +5,498
73 Ascension Capital Advisors, Inc. 6.03% of their portfolio Houston, TX 252,633252.6k $10.5m $10.5m 6.03% Added +15.6k +15,551
74 JOHNSON INVESTMENT COUNSEL INC 0.13% of their portfolio Cincinnati, OH 252,213252.2k $10.4m $10.4m 0.13% Added +32.2k +32,196
75 HHM Wealth Advisors, LLC 2.02% of their portfolio CHATTANOOGA, TN 249,949249.9k $10.4m $10.4m 2.02% Reduced -12.7k -12,715
76 Joule Financial, LLC 5.26% of their portfolio Lexington, KY 248,510248.5k $10.3m $10.3m 5.26% Added +20.6k +20,568
77 Curi Wealth Management, LLC 1.57% of their portfolio Raleigh, NC 247,289247.3k $10.2m $10.2m 1.57% Reduced -36.0k -36,031
78 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 4.05% of their portfolio EAGLE, ID 243,182243.2k $10.1m $10.1m 4.05% Added +15.0k +14,954
79 Buckingham Capital Management, Inc. 1.50% of their portfolio DAYTON, OH 238,204238.2k $9.9m $9.9m 1.50% Added +5.2k +5,150
80 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 236,889236.9k $9.8m $9.8m 0.02% Added +11.2k +11,157
81 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 233,973234.0k $9.7m $9.7m 0.06% Added +33.1k +33,116
82 Charles Schwab Trust Co 1.09% of their portfolio HENDERSON, NV 232,665232.7k $9.6m $9.6m 1.09% Added +24.7k +24,672
83 Tradition Wealth Management, LLC 1.13% of their portfolio EDINA, MN 228,688228.7k $9.5m $9.5m 1.13% Added +784 +784
84 NORTHWEST INVESTMENT COUNSELORS, LLC 2.64% of their portfolio Lake Oswego, OR 227,817227.8k $9.4m $9.4m 2.64% Reduced -2.2k -2,209
85 Dynamic Advisor Solutions LLC 0.44% of their portfolio PHOENIX, AZ 226,796226.8k $9.4m $9.4m 0.44% Added +89.8k +89,801
86 Meridian Wealth Management, LLC 0.58% of their portfolio LEXINGTON, KY 226,652226.7k $9.4m $9.4m 0.58% Added +120.4k +120,392
87 Sequoia Financial Advisors, LLC 0.16% of their portfolio Akron, OH 223,554223.6k $9.3m $9.3m 0.16% Reduced -1.0k -1,013
88 NORTH STAR ASSET MANAGEMENT INC 0.53% of their portfolio NEENAH, WI 222,811222.8k $9.2m $9.2m 0.53% Reduced -1.6k -1,602
89 Towercrest Capital Management 1.78% of their portfolio NEWTOWN, PA 220,581220.6k $9.1m $9.1m 1.78% Reduced -9.7k -9,736
90 Main Street Financial Solutions, LLC 1.28% of their portfolio NEWTOWN, PA 218,380218.4k $9.0m $9.0m 1.28% Added +4.1k +4,087
91 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.35% of their portfolio Seattle, WA 213,114213.1k $8.8m $8.8m 0.35% Added +677 +677
92 St. Johns Investment Management Company, LLC 4.97% of their portfolio JACKSONVILLE, FL 210,255210.3k $8.7m $8.7m 4.97% Reduced -3.7k -3,723
93 Tiller Private Wealth, Inc. 4.73% of their portfolio BETHLEHEM, PA 209,858209.9k $8.7m $8.7m 4.73% Added +3.4k +3,367
94 Ausdal Financial Partners, Inc. 1.19% of their portfolio Davenport, IA 208,295208.3k $8.6m $8.6m 1.19% Added +103.1k +103,142
95 Berger Financial Group, Inc 0.95% of their portfolio PLYMOUTH, MN 200,601200.6k $8.3m $8.3m 0.95% Added +14.2k +14,187
96 HoyleCohen, LLC 0.76% of their portfolio SAN DIEGO, CA 198,770198.8k $8.2m $8.2m 0.76% Reduced -36.3k -36,252
97 IMA Advisory Services, Inc. 2.12% of their portfolio DENVER, CO 197,839197.8k $8.2m $8.2m 2.12% Added +16.1k +16,119
98 Souders Financial Advisors 1.56% of their portfolio CINCINNATI, OH 196,749196.7k $8.1m $8.1m 1.56% Added +7.2k +7,215
99 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 195,740195.7k $8.1m $8.1m 0.01% Reduced -7.6k -7,606
100 Matrix Trust Co 2.07% of their portfolio DENVER, CO 191,682191.7k $7.9m $7.9m 2.07% Added +6.5k +6,476