Vault-13

SCHWAB STRATEGIC TR SCHA

US SML CAP ETF · ETP · CUSIP 808524607

1,053 institutional holders -9 vs Q4 2023
213,263,029213.3m shares reported held*
$10.5bnreported value*
67 new 406 added 416 reduced 68 sold out net bought ≈ $489.3m (-5.0m 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 ($4.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.23. Options: 6 managers hold calls ($14.6m notional), 4 hold puts ($1.2m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 871Q4 22: 945Q1 23: 933Q2 23: 962Q3 23: 948Q4 23: 1,062Q1 24: 1,0531,053Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022871
Q4 2022945
Q1 2023933
Q2 2023962
Q3 2023948
Q4 20231,062
Q1 20241,053

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 23Q4 23: 498 bought or addedQ4 23: 408 cut or sold outQ4 23Q1 24: 473 bought or addedQ1 24: 484 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022470366
Q1 2023406447
Q2 2023446426
Q3 2023448407
Q4 2023498408
Q1 2024473484

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ2 23 calls: $68.0mQ2 23 puts: $670.1kQ2 23P/C 0.01Q3 23 calls: $136.1mQ3 23 puts: $298.2kQ3 23P/C 0.00Q4 23 calls: $146.7mQ4 23 puts: $1.6mQ4 23P/C 0.01Q1 24 calls: $14.6mQ1 24 puts: $1.2mQ1 24P/C 0.08
Numbers
QuarterCallsPutsP/C
Q2 2023$68.0m$670.1k0.01
Q3 2023$136.1m$298.2k0.00
Q4 2023$146.7m$1.6m0.01
Q1 2024$14.6m$1.2m0.08

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +11,538,151+11.5m
Charles Schwab Investment Advisory, Inc. Added +1,743,851+1.7m
MORGAN STANLEY Added +1,123,092+1.1m
Capital Management Associates, Inc New +438,423+438.4k
Cetera Investment Advisers Added +301,873+301.9k
First International Bank & Trust Added +272,081+272.1k
Curi Capital, LLC Added +265,126+265.1k
Simplicity Wealth,LLC New +144,908+144.9k
Integrated Wealth Concepts LLC Added +106,473+106.5k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +104,649+104.6k

Biggest sellers

Cerity Partners LLC Reduced -14,848,572-14.8m
1832 Asset Management L.P. Sold out -1,192,657-1.2m
SEI INVESTMENTS CO Reduced -517,527-517.5k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -503,834-503.8k
Empower Advisory Group, LLC Reduced -467,190-467.2k
BlueSky Wealth Advisors, LLC Sold out -401,147-401.1k
Granite Bay Wealth Management, LLC Sold out -384,892-384.9k
Tidal Investments LLC Sold out -312,528-312.5k
Curi Wealth Management, LLC Sold out -261,782-261.8k
AE Wealth Management LLC Reduced -240,156-240.2k

Biggest calls

JANE STREET GROUP, LLC Reduced $9.8m121.6k shares
IMC-Chicago, LLC New $2.1m26.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.8m36.8k shares
CITADEL ADVISORS LLC Added $846.9k17.2k shares
Cutler Group LLC / CA Reduced $4.0k2.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $487.5k9.9k shares
Curated Wealth Partners LLC New $344.7k7.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $325.0k6.6k shares
Cutler Group LLC / CA Reduced $02.1k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 5.17% of their portfolio SAN FRANCISCO, CA 76,381,36776.4m $3.8bn $3.8bn 5.17% Added +1.7m +1,743,851
2 BANK OF AMERICA CORP /DE/ 0.10% of their portfolio CHARLOTTE, NC 21,329,86721.3m $1.1bn $1.1bn 0.10% Added +11.5m +11,538,151
3 Empower Advisory Group, LLC 2.17% of their portfolio Greenwood Village, CO 11,786,20711.8m $580.4m $580.4m 2.17% Reduced -467.2k -467,190
4 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio SAN FRANCISCO, CA 8,609,6298.6m $423.9m $423.9m 0.10% Reduced -503.8k -503,834
5 SEI INVESTMENTS CO 0.53% of their portfolio OAKS, PA 7,373,6407.4m $363.1m $363.1m 0.53% Reduced -517.5k -517,527
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,579,4503.6m $176.3m $176.3m 0.00% Added +1.1m +1,123,092
7 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 3,512,3013.5m $172.9m $172.9m 0.04% Reduced -168.7k -168,660
8 Financial Engines Advisors L.L.C. 0.29% of their portfolio SANTA CLARA, CA 2,610,0722.6m $128.5m $128.5m 0.29% Reduced -43.4k -43,374
9 Creative Planning 0.13% of their portfolio OVERLAND PARK, KS 2,419,5392.4m $119.1m $119.1m 0.13% Reduced -93.2k -93,193
10 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 2,210,3922.2m $108.8m $108.8m 0.04% Reduced -63.7k -63,746
11 Advisory Alpha, LLC 4.09% of their portfolio HOLLAND, MI 2,022,6182.0m $99.6m $99.6m 4.09% Reduced -76.4k -76,442
12 Cerity Partners LLC 0.25% of their portfolio NEW YORK, NY 1,911,8571.9m $94.1m $94.1m 0.25% Reduced -14.8m -14,848,572
13 OSAIC HOLDINGS, INC. 0.20% of their portfolio SCOTTSDALE, AZ 1,776,0471.8m $87.5m $87.5m 0.20% Added +7.0k +6,969
14 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,688,3981.7m $83.1m $83.1m 0.03% Reduced -69.5k -69,477
15 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.19% of their portfolio PLYMOUTH, MN 1,526,6431.5m $75.2m $75.2m 0.19% Added +45.6k +45,642
16 MERCER GLOBAL ADVISORS INC /ADV 0.22% of their portfolio DENVER, CO 1,456,0411.5m $76.1m $76.1m 0.22% Reduced -36.6k -36,581
17 Mariner, LLC 0.14% of their portfolio Overland Park, KS 1,417,3481.4m $69.8m $69.8m 0.14% Reduced -71.7k -71,715
18 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 1,394,4411.4m $68.7m $68.7m 0.07% Added +104.6k +104,649
19 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 1,374,2911.4m $67.6m $67.6m 0.11% Added +51.3k +51,304
20 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,220,5741.2m $60.1m $60.1m 0.03% Added +65.4k +65,406
21 Marcum Wealth, LLC 5.80% of their portfolio CLEVELAND, OH 1,161,0101.2m $57.2m $57.2m 5.80% Reduced -26.2k -26,195
22 Savant Capital, LLC 0.65% of their portfolio ROCKFORD, IL 1,154,8201.2m $56.9m $56.9m 0.65% Reduced -25.0k -25,016
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 853,508853.5k $42.0m $42.0m 0.00% Added +4.4k +4,392
24 RAINEY & RANDALL WEALTH ADVISORS INC. 9.73% of their portfolio Celebration, FL 845,371845.4k $41.6m $41.6m 9.73% Added +12.8k +12,794
25 Steele Capital Management, Inc. 2.04% of their portfolio DUBUQUE, IA 720,160720.2k $35.5m $35.5m 2.04% Reduced -5.5k -5,471
26 KLINGENSTEIN FIELDS & CO LP 1.45% of their portfolio NEW YORK, NY 709,144709.1k $34.9m $34.9m 1.45% Reduced -19.4k -19,427
27 MONETA GROUP INVESTMENT ADVISORS LLC 0.55% of their portfolio ST LOUIS, MO 685,134685.1k $33.7m $33.7m 0.55% Added +97.3k +97,319
28 Gemmer Asset Management LLC 3.82% of their portfolio WALNUT CREEK, CA 669,044669.0k $32.9m $32.9m 3.82% Reduced -38.8k -38,760
29 Prime Capital Investment Advisors, LLC 0.45% of their portfolio OVERLAND PARK, KS 656,983657.0k $32.3m $32.3m 0.45% Added +31.8k +31,843
30 RKL Wealth Management LLC 2.91% of their portfolio LANCASTER, PA 596,218596.2k $29.4m $29.4m 2.91% Added +631 +631
31 Legacy Wealth Management, LLC 2.03% of their portfolio MEMPHIS, TN 560,586560.6k $27.6m $27.6m 2.03% Reduced -6.0k -6,022
32 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 556,449556.4k $27.4m $27.4m 0.05% Reduced -8.3k -8,275
33 Mokosak Advisory Group, LLC 8.49% of their portfolio URBANDALE, IA 522,388522.4k $25.7m $25.7m 8.49% Added +12.5k +12,478
34 Summit Financial Strategies, Inc. 3.41% of their portfolio Columbus, OH 496,326496.3k $24.4m $24.4m 3.41% Added +16.6k +16,608
35 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 496,149496.1k $24.4m $24.4m 0.01% Reduced -107.7k -107,681
36 Beacon Pointe Advisors, LLC 0.27% of their portfolio NEWPORT BEACH, CA 494,218494.2k $24.3m $24.3m 0.27% Reduced -7.9k -7,943
37 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 439,021439.0k $21.6m $21.6m 0.01% Reduced -7.8k -7,832
38 Capital Management Associates, Inc 0.01% of their portfolio MINNEAPOLIS, MN 438,423438.4k $9.3k $9.3k 0.01% New
39 First International Bank & Trust 7.27% of their portfolio WATFORD CITY, ND 427,919427.9k $21.1m $21.1m 7.27% Added +272.1k +272,081
40 Noble Family Wealth, LLC 5.67% of their portfolio Clearwater, FL 404,691404.7k $19.9m $19.9m 5.67% Reduced -9.0k -8,972
41 Integrated Wealth Concepts LLC 0.29% of their portfolio WALTHAM, MA 404,267404.3k $19.9m $19.9m 0.29% Added +106.5k +106,473
42 FIDELIS iM, LLC 9.82% of their portfolio MEDFORD, OR 397,259397.3k $19.6m $19.6m 9.82% Added +5.7k +5,667
43 Visionary Wealth Advisors 1.31% of their portfolio O'FALLON, IL 394,973395.0k $19.4m $19.4m 1.31% Reduced -131.0k -131,039
44 MARSHALL FINANCIAL GROUP INC /ADV 6.38% of their portfolio DOYLESTOWN, PA 393,283393.3k $19.4m $19.4m 6.38% Added +6.0k +6,013
45 Dynamic Advisor Solutions LLC 0.65% of their portfolio PHOENIX, AZ 389,461389.5k $19.2m $19.2m 0.65% Added +21.5k +21,524
46 Foundations Investment Advisors, LLC 0.50% of their portfolio PHOENIX, AZ 389,100389.1k $19.2m $19.2m 0.50% Added +40.0k +39,953
47 JANICZEK WEALTH MANAGEMENT, LLC 3.84% of their portfolio DENVER, CO 366,380366.4k $18.0m $18.0m 3.84% Added +14.9k +14,864
48 ForthRight Wealth Management, LLC 6.47% of their portfolio ALPHARETTA, GA 365,981366.0k $18.0m $18.0m 6.47% Added +6.7k +6,701
49 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 364,808364.8k $18.0m $18.0m 0.04% Added +301.9k +301,873
50 CAPTRUST FINANCIAL ADVISORS 0.07% of their portfolio RALEIGH, NC 364,395364.4k $17.9m $17.9m 0.07% Reduced -83.7k -83,702
51 Strategic Financial Planning, Inc. 12.95% of their portfolio PLANO, TX 351,508351.5k $17.3m $17.3m 12.95% Added +13.5k +13,506
52 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 339,765339.8k $16.7m $16.7m 0.03% Reduced -36.5k -36,523
53 SAGE FINANCIAL GROUP INC 1.47% of their portfolio W. CONSHOHOCKEN, PA 332,141332.1k $16.4m $16.4m 1.47% Added +3.0k +3,038
54 RIVERSEDGE ADVISORS, LLC 3.97% of their portfolio Wilmington, DE 326,886326.9k $16.1m $16.1m 3.97% Reduced -10.1k -10,093
55 Burt Wealth Advisors 4.05% of their portfolio North Bethesda, MD 324,543324.5k $16.0m $16.0m 4.05% Added +21.5k +21,498
56 MERIDIAN MANAGEMENT CO 4.30% of their portfolio LITTLE ROCK, AR 319,811319.8k $15.7m $15.7m 4.30% Reduced -4.1k -4,104
57 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 315,936315.9k $15.6m $15.6m 0.06% Reduced -7.9k -7,861
58 Bangor Savings Bank 1.58% of their portfolio BANGOR, ME 313,776313.8k $15.5m $15.5m 1.58% Reduced -5.3k -5,322
59 CoreCap Advisors, LLC 0.78% of their portfolio SOUTHFIELD, MI 300,479300.5k $14.8m $14.8m 0.78% Added +24.1k +24,055
60 TruNorth Capital Management, LLC 5.08% of their portfolio KALAMAZOO, MI 299,361299.4k $14.7m $14.7m 5.08% First filing
61 Joule Financial, LLC 5.24% of their portfolio Lexington, KY 297,610297.6k $14.7m $14.7m 5.24% Added +35.4k +35,383
62 Waterford Advisors, LLC 6.20% of their portfolio ORCHARD PARK, NY 296,624296.6k $14.6m $14.6m 6.20% Added +11.5k +11,478
63 JOHNSON INVESTMENT COUNSEL INC 0.15% of their portfolio Cincinnati, OH 287,577287.6k $14.2m $14.2m 0.15% Added +23.5k +23,472
64 Charles Schwab Trust Co 1.31% of their portfolio HENDERSON, NV 282,063282.1k $13.9m $13.9m 1.31% Added +39.0k +39,048
65 OneDigital Investment Advisors LLC 0.22% of their portfolio OVERLAND PARK, KS 281,729281.7k $13.9m $13.9m 0.22% Reduced -2.8k -2,813
66 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 4.88% of their portfolio EAGLE, ID 278,074278.1k $13.7m $13.7m 4.88% Added +22.6k +22,614
67 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 277,237277.2k $13.7m $13.7m 0.02% Added +45.6k +45,585
68 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 272,192272.2k $13.4m $13.4m 0.02% Added +16.6k +16,551
69 FIRST NATIONAL CORP /MA/ /ADV 3.15% of their portfolio ROCKLAND, MA 271,425271.4k $12.8m $12.8m 3.15% Reduced -1.2k -1,235
70 Curi Capital, LLC 0.31% of their portfolio CHICAGO, IL 271,131271.1k $13.4m $13.4m 0.31% Added +265.1k +265,126
71 Ascension Capital Advisors, Inc. 7.26% of their portfolio Houston, TX 265,321265.3k $13.1m $13.1m 7.26% Added +3.8k +3,770
72 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 264,151264.2k $13.0m $13.0m 0.05% Reduced -1.2k -1,221
73 New York Life Investment Management LLC 0.13% of their portfolio New York, NY 263,041263.0k $13.0m $13.0m 0.13% Added +10.2k +10,224
74 Clearwater Capital Advisors, LLC 1.37% of their portfolio HOFFMAN ESTATES, IL 260,146260.1k $12.8m $12.8m 1.37% Added +4.1k +4,137
75 OLD NATIONAL BANCORP /IN/ 0.30% of their portfolio EVANSVILLE, IN 258,618258.6k $12.7m $12.7m 0.30% Added +32.7k +32,681
76 MONEYWISE, INC. 6.84% of their portfolio FOREST, VA 255,630255.6k $12.6m $12.6m 6.84% Reduced -57.4k -57,390
77 BUCKINGHAM STRATEGIC WEALTH, LLC 0.13% of their portfolio CLAYTON, MO 249,094249.1k $12.3m $12.3m 0.13% Reduced -1.6k -1,574
78 Buckingham Capital Management, Inc. 1.50% of their portfolio DAYTON, OH 248,374248.4k $12.2m $12.2m 1.50% Added +3.9k +3,866
79 HoyleCohen, LLC 0.93% of their portfolio SAN DIEGO, CA 247,921247.9k $12.2m $12.2m 0.93% Added +36.3k +36,312
80 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 240,801240.8k $11.9m $11.9m 0.02% Added +52.4k +52,421
81 HHM Wealth Advisors, LLC 1.90% of their portfolio CHATTANOOGA, TN 234,724234.7k $11.6m $11.6m 1.90% Reduced -2.8k -2,761
82 Main Street Financial Solutions, LLC 1.23% of their portfolio NEWTOWN, PA 233,580233.6k $11.5m $11.5m 1.23% Added +3.0k +2,953
83 Berger Financial Group, Inc 0.93% of their portfolio PLYMOUTH, MN 229,889229.9k $11.3m $11.3m 0.93% Added +22.4k +22,393
84 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 229,687229.7k $11.3m $11.3m 0.02% Reduced -10.6k -10,551
85 Kohmann Bosshard Financial Services, LLC 1.57% of their portfolio FAIRLAWN, OH 228,581228.6k $11.3m $11.3m 1.57% Added +62.9k +62,924
86 NORTH STAR ASSET MANAGEMENT INC 0.53% of their portfolio NEENAH, WI 227,761227.8k $11.2m $11.2m 0.53% Added +1.8k +1,766
87 Tradition Wealth Management, LLC 1.11% of their portfolio EDINA, MN 223,457223.5k $11.0m $11.0m 1.11% Reduced -768 -768
88 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.09% of their portfolio IRVING, TX 222,210222.2k $10.9m $10.9m 0.09% Reduced -99.6k -99,599
89 Sequoia Financial Advisors, LLC 0.13% of their portfolio Akron, OH 220,028220.0k $10.8m $10.8m 0.13% Reduced -9.2k -9,150
90 St. Johns Investment Management Company, LLC 5.18% of their portfolio JACKSONVILLE, FL 219,447219.4k $10.8m $10.8m 5.18% Added +9.9k +9,868
91 Tiller Private Wealth, Inc. 4.81% of their portfolio BETHLEHEM, PA 218,926218.9k $10.8m $10.8m 4.81% Added +9.0k +9,040
92 APPLETON PARTNERS INC/MA 0.83% of their portfolio BOSTON, MA 216,811216.8k $10.7m $10.7m 0.83% Added +7.7k +7,684
93 NORTHWEST INVESTMENT COUNSELORS, LLC 2.59% of their portfolio Lake Oswego, OR 216,098216.1k $10.6m $10.6m 2.59% Reduced -971 -971
94 Focus Financial Network, Inc. 0.47% of their portfolio MINNEAPOLIS, MN 214,054214.1k $9.7m $9.7m 0.47% First filing
95 Alliance Wealth Management Group 3.09% of their portfolio FLEMINGTON, NJ 213,716213.7k $10.5m $10.5m 3.09% Reduced -11.0k -10,990
96 Towercrest Capital Management 1.78% of their portfolio NEWTOWN, PA 213,716213.7k $10.5m $10.5m 1.78% Reduced -11.0k -10,990
97 Christensen, King & Associates Investment Services, Inc. 5.16% of their portfolio RICHLAND, WA 209,640209.6k $10.3m $10.3m 5.16% Added +2.2k +2,242
98 Souders Financial Advisors 1.63% of their portfolio CINCINNATI, OH 209,225209.2k $10.3m $10.3m 1.63% Added +6.0k +6,021
99 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 208,594208.6k $10.3m $10.3m 0.00% Added +102.5k +102,456
100 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.31% of their portfolio Seattle, WA 204,636204.6k $10.1m $10.1m 0.31% Reduced -3.7k -3,747