Vault-13

SCHWAB STRATEGIC TR SCHA

US SML CAP ETF · ETP · CUSIP 808524607

1,142 institutional holders -30 vs Q4 2024
230,349,479230.3m shares reported held*
$5.4bnreported value*
63 new 446 added 455 reduced 77 sold out net sold ≈ $666.4m (-28.2m 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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.43. Options: 5 managers hold calls ($11.6m notional), 1 hold puts ($63.3k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 871Q4 22: 945Q1 23: 933Q2 23: 962Q3 23: 948Q4 23: 1,062Q1 24: 1,053Q2 24: 1,057Q3 24: 1,074Q4 24: 1,172Q1 25: 1,1421,142Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022871
Q4 2022945
Q1 2023933
Q2 2023962
Q3 2023948
Q4 20231,062
Q1 20241,053
Q2 20241,057
Q3 20241,074
Q4 20241,172
Q1 20251,142

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 23: 446 bought or addedQ2 23: 426 cut or sold outQ3 23: 448 bought or addedQ3 23: 407 cut or sold outQ3 23Q4 23: 498 bought or addedQ4 23: 408 cut or sold outQ1 24: 473 bought or addedQ1 24: 484 cut or sold outQ1 24Q2 24: 442 bought or addedQ2 24: 476 cut or sold outQ3 24: 517 bought or addedQ3 24: 432 cut or sold outQ3 24Q4 24: 494 bought or addedQ4 24: 504 cut or sold outQ1 25: 509 bought or addedQ1 25: 532 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023446426
Q3 2023448407
Q4 2023498408
Q1 2024473484
Q2 2024442476
Q3 2024517432
Q4 2024494504
Q1 2025509532

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ2 24 calls: $18.0mQ2 24 puts: $1.4mQ2 24P/C 0.08Q3 24 calls: $8.9mQ3 24 puts: $293.6kQ3 24P/C 0.03Q4 24 calls: $7.7mQ4 24 puts: $15.5kQ4 24P/C 0.00Q1 25 calls: $11.6mQ1 25 puts: $63.3kQ1 25P/C 0.01
Numbers
QuarterCallsPutsP/C
Q2 2024$18.0m$1.4m0.08
Q3 2024$8.9m$293.6k0.03
Q4 2024$7.7m$15.5k0.00
Q1 2025$11.6m$63.3k0.01

Biggest buyers

NATIXIS ADVISORS, LLC Added +2,236,963+2.2m
Empower Advisory Group, LLC Added +1,057,580+1.1m
Dynamic Advisor Solutions LLC New +943,056+943.1k
Betterment LLC Added +802,626+802.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +652,644+652.6k
SEI INVESTMENTS CO Added +580,744+580.7k
Waverly Advisors, LLC Added +520,125+520.1k
CoreCap Advisors, LLC Added +503,578+503.6k
SIMS INVESTMENT MANAGEMENT, LLC Added +398,101+398.1k
Wealthspire Advisors, LLC Added +350,067+350.1k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -28,277,234-28.3m
ENVESTNET ASSET MANAGEMENT INC Reduced -2,817,713-2.8m
Foundations Investment Advisors, LLC Reduced -913,512-913.5k
First International Bank & Trust Reduced -716,690-716.7k
Kestra Advisory Services, LLC Reduced -673,765-673.8k
Focus Partners Wealth Reduced -642,807-642.8k
Tradewinds Capital Management, LLC Reduced -444,451-444.5k
Advisory Alpha, LLC Reduced -433,014-433.0k
RKL Wealth Management LLC Reduced -361,597-361.6k
MORGAN STANLEY Reduced -360,800-360.8k

Biggest calls

IMC-Chicago, LLC Added $6.3m226.5k shares
GROUP ONE TRADING LLC Added $3.9m140.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $977.0k41.7k shares
CITADEL ADVISORS LLC Reduced $346.8k14.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $63.3k2.7k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Empower Advisory Group, LLC 2.02% of their portfolio Greenwood Village, CO 26,393,00026.4m $618.4m $618.4m 2.02% Added +1.1m +1,057,580
2 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 18,056,83318.1m $423.1m $423.1m 0.04% Reduced -28.3m -28,277,234
3 SEI INVESTMENTS CO 0.43% of their portfolio OAKS, PA 14,336,58114.3m $335.9m $335.9m 0.43% Added +580.7k +580,744
4 Financial Engines Advisors L.L.C. 0.26% of their portfolio SANTA CLARA, CA 5,098,3345.1m $119.5m $119.5m 0.26% Reduced -1.7k -1,657
5 Cerity Partners LLC 0.23% of their portfolio NEW YORK, NY 4,783,8734.8m $112.1m $112.1m 0.23% Added +137.1k +137,074
6 Creative Planning 0.10% of their portfolio OVERLAND PARK, KS 4,549,7054.5m $106.6m $106.6m 0.10% Added +25.1k +25,148
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 4,082,5384.1m $95.7m $95.7m 0.08% Added +652.6k +652,644
8 UBS Group AG 0.02% of their portfolio ZURICH, V8 3,873,4863.9m $90.8m $90.8m 0.02% Added +198.6k +198,604
9 Advisory Alpha, LLC 3.03% of their portfolio HOLLAND, MI 3,799,9513.8m $89.0m $89.0m 3.03% Reduced -433.0k -433,014
10 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 3,488,8013.5m $81.7m $81.7m 0.03% Reduced -2.8m -2,817,713
11 Mariner, LLC 0.11% of their portfolio Overland Park, KS 2,940,4312.9m $68.9m $68.9m 0.11% Reduced -4.0k -3,974
12 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 2,842,3252.8m $66.6m $66.6m 0.01% Reduced -76.6k -76,597
13 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 2,782,5552.8m $65.2m $65.2m 0.12% Reduced -72.3k -72,260
14 HighTower Advisors, LLC 0.09% of their portfolio CHICAGO, IL 2,781,6342.8m $65.2m $65.2m 0.09% Added +165.1k +165,050
15 NATIXIS ADVISORS, LLC 0.11% of their portfolio Boston, MA 2,428,8262.4m $56.9m $56.9m 0.11% Added +2.2m +2,236,963
16 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 2,379,7042.4m $55.8m $55.8m 0.02% Reduced -25.6k -25,559
17 MERCER GLOBAL ADVISORS INC /ADV 0.12% of their portfolio DENVER, CO 2,313,1182.3m $54.2m $54.2m 0.12% Reduced -85.7k -85,748
18 Marcum Wealth, LLC 4.20% of their portfolio CLEVELAND, OH 2,072,5132.1m $48.6m $48.6m 4.20% Reduced -20.4k -20,413
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,934,9641.9m $45.3m $45.3m 0.00% Reduced -360.8k -360,800
20 SIMS INVESTMENT MANAGEMENT, LLC 18.97% of their portfolio CINCINNATI, OH 1,811,7111.8m $42.4m $42.4m 18.97% Added +398.1k +398,101
21 Savant Capital, LLC 0.34% of their portfolio ROCKFORD, IL 1,697,7161.7m $39.8m $39.8m 0.34% Reduced -188.5k -188,488
22 Steele Capital Management, Inc. 1.98% of their portfolio DUBUQUE, IA 1,623,3611.6m $38.1m $38.1m 1.98% Added +16.1k +16,100
23 MONETA GROUP INVESTMENT ADVISORS LLC 0.49% of their portfolio ST LOUIS, MO 1,507,5321.5m $35.3m $35.3m 0.49% Added +72.4k +72,392
24 Gemmer Asset Management LLC 3.12% of their portfolio WALNUT CREEK, CA 1,334,1111.3m $31.3m $31.3m 3.12% Reduced -7.5k -7,502
25 Focus Partners Wealth 0.08% of their portfolio ST LOUIS, MO 1,313,2461.3m $30.8m $30.8m 0.08% Reduced -642.8k -642,807
26 CoreCap Advisors, LLC 1.31% of their portfolio SOUTHFIELD, MI 1,273,0041.3m $29.8m $29.8m 1.31% Added +503.6k +503,578
27 Betterment LLC 0.07% of their portfolio NEW YORK, NY 1,246,0301.2m $29.2m $29.2m 0.07% Added +802.6k +802,626
28 RAINEY & RANDALL WEALTH ADVISORS INC. 5.70% of their portfolio Celebration, FL 1,243,4421.2m $29.1m $29.1m 5.70% Reduced -2.7k -2,734
29 Kohmann Bosshard Financial Services, LLC 3.35% of their portfolio FAIRLAWN, OH 1,216,6081.2m $28.4m $28.4m 3.35% Added +170.9k +170,892
30 KLINGENSTEIN FIELDS & CO LP 1.20% of their portfolio NEW YORK, NY 1,199,5661.2m $28.1m $28.1m 1.20% Reduced -11.5k -11,454
31 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 1,183,6181.2m $27.7m $27.7m 0.05% Added +14.2k +14,179
32 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 1,136,7571.1m $26.6m $26.6m 0.06% Reduced -302.0k -301,967
33 Mokosak Advisory Group, LLC 8.21% of their portfolio URBANDALE, IA 1,134,4921.1m $26.6m $26.6m 8.21% Added +24.0k +23,969
34 Legacy Wealth Management, LLC 1.73% of their portfolio MEMPHIS, TN 1,109,5111.1m $26.0m $26.0m 1.73% Added +30.1k +30,077
35 Summit Financial Strategies, Inc. 2.50% of their portfolio Columbus, OH 1,057,5141.1m $24.8m $24.8m 2.50% Reduced -36.7k -36,732
36 Golden Reserve Retirement LLC 9.43% of their portfolio DUBLIN, OH 1,012,0471.0m $23.7m $23.7m 9.43% First filing
37 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,010,3401.0m $23.7m $23.7m 0.01% Reduced -40.2k -40,156
38 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 984,998985.0k $23.1m $23.1m 0.02% Added +186.8k +186,768
39 BlueSky Wealth Advisors, LLC 3.45% of their portfolio New Bern, NC 949,083949.1k $22.2m $22.2m 3.45% Added +33.0k +32,953
40 Dynamic Advisor Solutions LLC 0.73% of their portfolio PHOENIX, AZ 943,056943.1k $22.1m $22.1m 0.73% New
41 CAPTRUST FINANCIAL ADVISORS 0.06% of their portfolio RALEIGH, NC 941,078941.1k $22.0m $22.0m 0.06% Added +173.5k +173,519
42 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 925,623925.6k $21.7m $21.7m 0.00% Added +12.3k +12,295
43 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 914,666914.7k $21.4m $21.4m 0.04% Added +106.4k +106,435
44 Noble Family Wealth, LLC 5.85% of their portfolio Clearwater, FL 906,377906.4k $21.2m $21.2m 5.85% Added +39.2k +39,231
45 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 903,752903.8k $21.2m $21.2m 0.01% Added +3.7k +3,695
46 Beacon Pointe Advisors, LLC 0.23% of their portfolio NEWPORT BEACH, CA 855,785855.8k $20.1m $20.1m 0.23% Reduced -30.3k -30,343
47 ForthRight Wealth Management, LLC 6.58% of their portfolio ALPHARETTA, GA 838,818838.8k $19.7m $19.7m 6.58% Added +17.7k +17,678
48 Strategic Financial Planning, Inc. 12.30% of their portfolio PLANO, TX 761,450761.5k $17.8m $17.8m 12.30% Added +508 +508
49 Prime Capital Investment Advisors, LLC 0.20% of their portfolio OVERLAND PARK, KS 746,525746.5k $17.5m $17.5m 0.20% Added +197.7k +197,666
50 MARSHALL FINANCIAL GROUP INC /ADV 5.50% of their portfolio DOYLESTOWN, PA 746,505746.5k $17.5m $17.5m 5.50% Reduced -28.9k -28,924
51 TruNorth Capital Management, LLC 4.27% of their portfolio KALAMAZOO, MI 732,525732.5k $17.2m $17.2m 4.27% Added +46.7k +46,735
52 FIDELIS iM, LLC 7.91% of their portfolio MEDFORD, OR 728,939728.9k $17.1m $17.1m 7.91% Reduced -35.4k -35,387
53 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 728,453728.5k $17.1m $17.1m 0.01% Reduced -21 -21
54 Wealthspire Advisors, LLC 0.10% of their portfolio NEW YORK, NY 698,188698.2k $16.4m $16.4m 0.10% Added +350.1k +350,067
55 White & Co Financial Planning Inc 13.94% of their portfolio SUNNYSIDE, WA 688,800688.8k $16.2m $16.2m 13.94% Reduced -8.9k -8,898
56 Charles Schwab Trust Co 1.35% of their portfolio HENDERSON, NV 687,855687.9k $16.1m $16.1m 1.35% Added +17.4k +17,362
57 SAGE FINANCIAL GROUP INC 1.29% of their portfolio W. CONSHOHOCKEN, PA 681,411681.4k $16.0m $16.0m 1.29% Added +16.9k +16,885
58 JOHNSON INVESTMENT COUNSEL INC 0.15% of their portfolio Cincinnati, OH 662,863662.9k $15.5m $15.5m 0.15% Added +47.9k +47,853
59 Joule Financial, LLC 5.42% of their portfolio Lexington, KY 659,619659.6k $15.5m $15.5m 5.42% Reduced -7.8k -7,813
60 RKL Wealth Management LLC 1.45% of their portfolio LANCASTER, PA 656,074656.1k $15.4m $15.4m 1.45% Reduced -361.6k -361,597
61 Waterford Advisors, LLC 6.20% of their portfolio ORCHARD PARK, NY 638,087638.1k $15.0m $15.0m 6.20% Added +11.3k +11,310
62 OLD NATIONAL BANCORP /IN/ 0.39% of their portfolio EVANSVILLE, IN 633,126633.1k $14.8m $14.8m 0.39% Added +15.2k +15,176
63 Bangor Savings Bank 1.39% of their portfolio BANGOR, ME 629,681629.7k $14.8m $14.8m 1.39% Reduced -5.8k -5,812
64 Visionary Wealth Advisors 0.87% of their portfolio O'FALLON, IL 615,787615.8k $14.4m $14.4m 0.87% Reduced -5.9k -5,873
65 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 4.42% of their portfolio EAGLE, ID 615,552615.6k $14.4m $14.4m 4.42% Added +24.6k +24,649
66 Ascension Capital Advisors, Inc. 6.58% of their portfolio Houston, TX 615,272615.3k $14.4m $14.4m 6.58% Added +7.2k +7,160
67 Waverly Advisors, LLC 0.17% of their portfolio BIRMINGHAM, AL 602,610602.6k $14.1m $14.1m 0.17% Added +520.1k +520,125
68 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 599,499599.5k $14.0m $14.0m 0.02% Reduced -10.5k -10,462
69 Burt Wealth Advisors 3.52% of their portfolio North Bethesda, MD 599,009599.0k $14.0m $14.0m 3.52% Added +6.7k +6,694
70 Chicago Partners Investment Group LLC 0.45% of their portfolio CHICAGO, IL 581,232581.2k $13.5m $13.5m 0.45% Added +92.8k +92,799
71 Clearwater Capital Advisors, LLC 1.28% of their portfolio HOFFMAN ESTATES, IL 563,441563.4k $13.2m $13.2m 1.28% Added +20.6k +20,573
72 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 559,360559.4k $13.1m $13.1m 0.04% Reduced -26.5k -26,523
73 Main Street Financial Solutions, LLC 1.13% of their portfolio NEWTOWN, PA 555,687555.7k $13.0m $13.0m 1.13% Added +31.2k +31,222
74 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 549,223549.2k $12.9m $12.9m 0.04% Reduced -94.0k -93,960
75 FIRST NATIONAL CORP /MA/ /ADV 2.83% of their portfolio ROCKLAND, MA 547,808547.8k $12.8m $12.8m 2.83% Added +23.6k +23,630
76 Sanctuary Advisors, LLC 0.09% of their portfolio INDIANAPOLIS, IN 544,960545.0k $12.8m $12.8m 0.09% Reduced -13.5k -13,541
77 Matrix Trust Co 2.10% of their portfolio DENVER, CO 532,238532.2k $12.5m $12.5m 2.10% Reduced -640 -640
78 ZynergyRetirementPlanningLLC 9.74% of their portfolio RED BANK, NJ 531,114531.1k $13.7m $13.7m 9.74% Added +265.5k +265,541
79 IMA Advisory Services, Inc. 1.29% of their portfolio DENVER, CO 465,890465.9k $10.9m $10.9m 1.29% Added +11.7k +11,672
80 Tiller Private Wealth, Inc. 4.50% of their portfolio BETHLEHEM, PA 461,121461.1k $10.8m $10.8m 4.50% Reduced -2.1k -2,080
81 NORTH STAR ASSET MANAGEMENT INC 0.49% of their portfolio NEENAH, WI 456,521456.5k $10.7m $10.7m 0.49% Added +1.6k +1,558
82 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 453,554453.6k $11.7m $11.7m 0.03% Added +75.4k +75,376
83 MAI Capital Management 0.08% of their portfolio INDEPENDENCE, OH 449,422449.4k $10.5m $10.5m 0.08% Added +3.5k +3,520
84 APPLETON PARTNERS INC/MA 0.81% of their portfolio BOSTON, MA 448,597448.6k $10.5m $10.5m 0.81% Added +16.2k +16,188
85 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 448,149448.1k $10.5m $10.5m 0.01% Reduced -6.9k -6,878
86 New York Life Investment Management LLC 0.11% of their portfolio New York, NY 445,006445.0k $10.4m $10.4m 0.11% Added +24.8k +24,818
87 Geneos Wealth Management Inc. 0.15% of their portfolio ENGLEWOOD, CO 440,408440.4k $10.3m $10.3m 0.15% Added +176.3k +176,313
88 HHM Wealth Advisors, LLC 1.39% of their portfolio CHATTANOOGA, TN 439,415439.4k $10.3m $10.3m 1.39% Reduced -5.4k -5,412
89 OneDigital Investment Advisors LLC 0.12% of their portfolio OVERLAND PARK, KS 438,332438.3k $10.3m $10.3m 0.12% Reduced -134.1k -134,127
90 MERIDIAN MANAGEMENT CO 3.15% of their portfolio LITTLE ROCK, AR 434,175434.2k $10.2m $10.2m 3.15% Reduced -50.5k -50,465
91 Tradition Wealth Management, LLC 0.89% of their portfolio EDINA, MN 433,479433.5k $10.2m $10.2m 0.89% Reduced -2.0k -2,003
92 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.26% of their portfolio Seattle, WA 430,514430.5k $10.1m $10.1m 0.26% Added +27.6k +27,647
93 Christensen, King & Associates Investment Services, Inc. 4.92% of their portfolio RICHLAND, WA 424,723424.7k $10.4m $10.4m 4.92% Added +7 +7
94 Sequoia Financial Advisors, LLC 0.08% of their portfolio Akron, OH 423,335423.3k $9.9m $9.9m 0.08% Added +4.3k +4,313
95 Focus Financial Network, Inc. 0.39% of their portfolio MINNEAPOLIS, MN 410,221410.2k $9.6m $9.6m 0.39% Reduced -4.4k -4,381
96 St. Johns Investment Management Company, LLC 4.70% of their portfolio JACKSONVILLE, FL 405,310405.3k $9.5m $9.5m 4.70% Reduced -23.6k -23,631
97 Seneca Financial Advisors LLC 4.53% of their portfolio ROCHESTER, NY 398,980399.0k $9.3m $9.3m 4.53% Added +42.5k +42,465
98 Missouri Trust & Investment Co 3.20% of their portfolio SPRINGFIELD, MO 389,493389.5k $9.1m $9.1m 3.20% Added +8.7k +8,664
99 Essex LLC 1.94% of their portfolio DEER PARK, IL 382,705382.7k $9.0m $9.0m 1.94% Reduced -25.4k -25,374
100 Alliance Wealth Management Group 2.41% of their portfolio FLEMINGTON, NJ 381,997382.0k $9.0m $9.0m 2.41% Reduced -12.7k -12,654