Vault-13

SCHWAB STRATEGIC TR SMBS

MORTGAGE BACKED · ETP · CUSIP 808524615

81 institutional holders +4 vs Q1 2026
246,293,578246.3m shares reported held*
$6.3bnreported value*
24 new 22 added 18 reduced 18 sold out net bought ≈ $229.7m (+9.0m 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 ($9.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.42.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q4 24: 2Q1 25: 6Q2 25: 43Q3 25: 55Q4 25: 70Q1 26: 77Q2 26: 8181Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 20242
Q1 20256
Q2 202543
Q3 202555
Q4 202570
Q1 202677
Q2 202681

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 25: 4 bought or addedQ1 25: 1 cut or sold outQ1 25Q2 25: 39 bought or addedQ2 25: 3 cut or sold outQ2 25Q3 25: 43 bought or addedQ3 25: 21 cut or sold outQ3 25Q4 25: 53 bought or addedQ4 25: 25 cut or sold outQ4 25Q1 26: 50 bought or addedQ1 26: 33 cut or sold outQ1 26Q2 26: 46 bought or addedQ2 26: 36 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 202541
Q2 2025393
Q3 20254321
Q4 20255325
Q1 20265033
Q2 20264636

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +9,740,531+9.7m
CITADEL ADVISORS LLC Added +91,198+91.2k
CacheTech Inc. Added +63,887+63.9k
Adams Wealth Management Added +34,724+34.7k
Schwallier Wealth Management LLC Added +22,195+22.2k
BRIGHTON JONES LLC New +15,125+15.1k
Mariner, LLC New +14,481+14.5k
Corient Private Wealth LP New +14,049+14.0k
Aspetuck Financial Management LLC Added +13,250+13.2k
HRT FINANCIAL LP Added +13,101+13.1k

Biggest sellers

JPMORGAN CHASE & CO Reduced -525,969-526.0k
GOLDMAN SACHS GROUP INC Reduced -241,887-241.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -200,864-200.9k
MERCER GLOBAL ADVISORS INC /ADV Reduced -29,577-29.6k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Sold out -25,558-25.6k
CoreCap Advisors, LLC Reduced -22,415-22.4k
JANE STREET GROUP, LLC Reduced -12,061-12.1k
Simplicity Wealth,LLC Sold out -10,747-10.7k
US BANCORP \DE\ Reduced -9,972-10.0k
StoneX Group Inc. Sold out -8,509-8.5k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.83% of their portfolio SAN FRANCISCO, CA 244,513,787244.5m $6.2bn $6.2bn 0.83% Added +9.7m +9,740,531
2 CacheTech Inc. 1.85% of their portfolio LOGAN, UT 450,536450.5k $11.5m $11.5m 1.85% Added +63.9k +63,887
3 Adams Wealth Management 1.87% of their portfolio LOGAN, UT 384,412384.4k $9.8m $9.8m 1.87% Added +34.7k +34,724
4 Schwallier Wealth Management LLC 3.19% of their portfolio GRAND RAPIDS, MI 198,387198.4k $5.0m $5.0m 3.19% Added +22.2k +22,195
5 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 161,415161.4k $4.1m $4.1m 0.00% Added +91.2k +91,198
6 Summit Financial, LLC 0.04% of their portfolio PARSIPPANY, NJ 131,599131.6k $3.3m $3.3m 0.04% Added +7.0k +7,002
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 90,82590.8k $2.3m $2.3m 0.00% Reduced -526.0k -525,969
8 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 84,73784.7k $2.2m $2.2m 0.00% Reduced -241.9k -241,887
9 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 73,76873.8k $1.9m $1.9m 0.00% Reduced -200.9k -200,864
10 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 55,59255.6k $1.4m $1.4m 0.00% Reduced -12.1k -12,061
11 Aspetuck Financial Management LLC 0.63% of their portfolio WESTPORT, CT 42,00042.0k $1.1m $1.1m 0.63% Added +13.2k +13,250
12 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 40,89240.9k $1.0m $1.0m 0.00% Reduced -6.6k -6,599
13 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.01% of their portfolio MINNEAPOLIS, MN 38,50038.5k $978.7k $978.7k 0.01% Added +13.1k +13,087
14 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 37,75237.8k $959.7k $959.7k 0.00% Reduced -29.6k -29,577
15 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 26,65526.7k $677.0k $677.0k 0.00% Added +13.1k +13,101
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 26,24326.2k $667.1k $667.1k 0.00% Added +371 +371
17 CHAPMAN FINANCIAL GROUP, LLC 0.44% of their portfolio KAILUA, HI 26,18126.2k $665.5k $665.5k 0.44% Added +700 +700
18 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 25,48225.5k $647.8k $647.8k 0.00% Reduced -4.3k -4,347
19 Atlantic Union Bankshares Corp 0.01% of their portfolio GLEN ALLEN, VA 21,51121.5k $546.8k $546.8k 0.01% Unchanged
20 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 17,85517.9k $453.9k $453.9k 0.00% Added +8.9k +8,921
21 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,46315.5k $393.1k $393.1k 0.00% Added +1.9k +1,863
22 BRIGHTON JONES LLC 0.01% of their portfolio SEATTLE, WA 15,12515.1k $384.5k $384.5k 0.01% New
23 Mariner, LLC 0.00% of their portfolio Overland Park, KS 14,48114.5k $368.1k $368.1k 0.00% New
24 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 14,16214.2k $360.0k $360.0k 0.00% Added +11.1k +11,056
25 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 14,04914.0k $357.1k $357.1k 0.00% New
26 CHAPIN DAVIS, INC. 0.06% of their portfolio BALTIMORE, MD 12,69812.7k $322.8k $322.8k 0.06% Unchanged
27 Facet Wealth, Inc. 0.00% of their portfolio WEST PALM BEACH, FL 11,71911.7k $297.9k $297.9k 0.00% New
28 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 11,36811.4k $289.0k $289.0k 0.00% New
29 FMR LLC 0.00% of their portfolio BOSTON, MA 11,35011.3k $288.5k $288.5k 0.00% Reduced -3.1k -3,082
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,09011.1k $282.0k $282.0k 0.00% Added +9.9k +9,911
31 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 10,97811.0k $279.1k $279.1k 0.00% New
32 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,0549.1k $230.2k $230.2k 0.00% Added +6.8k +6,830
33 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 8,8878.9k $225.9k $225.9k 0.00% New
34 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.02% of their portfolio ALAMO, CA 8,0008.0k $203.4k $203.4k 0.02% Unchanged
35 CGC Financial Services, LLC 0.04% of their portfolio LAKE OSWEGO, OR 7,3107.3k $185.8k $185.8k 0.04% New
36 Piscataqua Savings Bank 0.09% of their portfolio PORTSMOUTH, NH 5,2345.2k $133.0k $133.0k 0.09% Unchanged
37 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,1475.1k $130.8k $130.8k 0.00% Reduced -2.1k -2,064
38 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 4,4974.5k $114.3k $114.3k 0.00% Added +3.2k +3,186
39 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,8233.8k $97.2k $97.2k 0.00% Added +3.2k +3,250
40 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 3,1393.1k $79.8k $79.8k 0.00% Reduced -22.4k -22,415
41 PFS Partners, LLC 0.03% of their portfolio MINE HILL, NJ 2,6882.7k $68.3k $68.3k 0.03% Unchanged
42 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 2,5432.5k $64.6k $64.6k 0.00% Added +2.3k +2,299
43 Addison Advisors LLC 0.03% of their portfolio MIDDLEBURY, VT 2,2172.2k $56.4k $56.4k 0.03% New
44 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,9582.0k $49.8k $49.8k 0.00% Added +1.9k +1,929
45 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,8791.9k $48.0k $48.0k 0.00% New
46 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,7361.7k $44.1k $44.1k 0.00% New
47 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 1,6671.7k $42.4k $42.4k 0.00% Unchanged
48 HOEY INVESTMENTS, INC 0.01% of their portfolio COATESVILLE, PA 1,5571.6k $39.6k $39.6k 0.01% Reduced -34 -34
49 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,2891.3k $32.8k $32.8k 0.00% Reduced -59 -59
50 HM PAYSON & CO 0.00% of their portfolio PORTLAND, ME 1,2531.3k $31.9k $31.9k 0.00% Unchanged
51 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,1871.2k $30.2k $30.2k 0.00% Reduced -150 -150
52 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 1,0941.1k $27.8k $27.8k 0.00% New
53 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 1,0401.0k $26.4k $26.4k 0.00% New
54 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 1,0301.0k $26.2k $26.2k 0.00% New
55 Mosley Wealth Management 0.01% of their portfolio ANAHEIM, CA 964964 $24.5k $24.5k 0.01% New
56 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 896896 $22.8k $22.8k 0.00% Added +11 +11
57 MCF Advisors LLC 0.00% of their portfolio LEXINGTON, KY 845845 $21.5k $21.5k 0.00% Unchanged
58 Burk Holdings LLC 0.01% of their portfolio TULSA, OK 726726 $18.5k $18.5k 0.01% Reduced -339 -339
59 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 683683 $17.4k $17.4k 0.00% New
60 GILL CAPITAL PARTNERS, LLC 0.00% of their portfolio DENVER, CO 676676 $17.2k $17.2k 0.00% Unchanged
61 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 675675 $17.2k $17.2k 0.00% Reduced -10.0k -9,972
62 CDKV HOLDINGS LLC 0.01% of their portfolio DENVER, CO 521521 $13.2k $13.2k 0.01% Unchanged
63 CrossGen Wealth, LLC 0.01% of their portfolio GREENVILLE, NC 507507 $12.9k $12.9k 0.01% New
64 Creative Capital Management Investments LLC 0.00% of their portfolio SAN DIEGO, CA 487487 $12.4k $12.4k 0.00% Reduced -168 -168
65 GODSEY & GIBB, INC 0.00% of their portfolio RICHMOND, VA 486486 $12.4k $12.4k 0.00% Unchanged
66 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 322322 $8.2k $8.2k 0.00% Unchanged
67 Cassaday & Co Wealth Management LLC 0.00% of their portfolio MCLEAN, VA 239239 $6.1k $6.1k 0.00% New
68 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 226226 $5.7k $5.7k 0.00% Unchanged
69 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 198198 $5.0k $5.0k 0.00% New
70 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 189189 $4.8k $4.8k 0.00% Added +141 +141
71 Financial Management Professionals, Inc. 0.00% of their portfolio AUSTIN, TX 115115 $2.9k $2.9k 0.00% Unchanged
72 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 114114 $2.9k $2.9k 0.00% New
73 UBS Group AG 0.00% of their portfolio ZURICH, V8 8787 $2.2k $2.2k 0.00% New
74 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 7272 $1.8k $1.8k 0.00% Reduced -48 -48
75 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 4949 $1.0k $1.0k 0.00% New
76 Basepoint Wealth LLC 0.00% of their portfolio CEDAR RAPIDS, IA 2828 $715 $715 0.00% New
77 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2020 $508 $508 0.00% New
78 CVA Family Office, LLC 0.00% of their portfolio DENVER, CO 1212 $305 $305 0.00% Unchanged
79 Signature Resources Capital Management, LLC 0.00% of their portfolio NEWPORT BEACH, CA 99 $229 $229 0.00% Unchanged
80 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 22 $51 $51 0.00% Unchanged
81 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 11 $26 $26 0.00% Reduced -222 -222