SCHWAB STRATEGIC TR STCE
CRYPTO THEMATIC · ETP · CUSIP 808524656
64
institutional holders
+21 vs Q3 2025
476.0k
shares reported held*
$28.6mreported value*
24 new
19 added
5 reduced
5 sold out
net bought ≈ $12.7m (+211.9k 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. Holder counts are more reliable. Implied quarter-end price ≈ $60.02. Options: 2 managers hold calls ($1.0m notional), 1 hold puts ($113.9k).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 6 |
| Q4 2022 | 7 |
| Q1 2023 | 7 |
| Q2 2023 | 6 |
| Q3 2023 | 6 |
| Q4 2023 | 7 |
| Q1 2024 | 7 |
| Q2 2024 | 10 |
| Q3 2024 | 8 |
| Q4 2024 | 20 |
| Q1 2025 | 36 |
| Q2 2025 | 37 |
| Q3 2025 | 43 |
| Q4 2025 | 64 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 3 | 4 |
| Q2 2024 | 4 | 1 |
| Q3 2024 | 3 | 4 |
| Q4 2024 | 10 | 2 |
| Q1 2025 | 21 | 5 |
| Q2 2025 | 16 | 10 |
| Q3 2025 | 20 | 14 |
| Q4 2025 | 43 | 10 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $0 | $0 | — |
| Q2 2025 | $350.5k | $75.1k | 0.21 |
| Q3 2025 | $1.0m | $172.9k | 0.17 |
| Q4 2025 | $1.0m | $113.9k | 0.11 |
Biggest buyers
| BREAKTHRU ADVISORY SERVICES, LLC | New | +56.6k |
| MML INVESTORS SERVICES, LLC | New | +56.5k |
| D. E. Shaw & Co., Inc. | Added | +45.5k |
| JANE STREET GROUP, LLC | New | +20.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +15.2k |
| Advyzon Investment Management, LLC | New | +7.9k |
| FLOW TRADERS U.S. LLC | New | +5.1k |
| HRT FINANCIAL LP | New | +4.7k |
| Strategic Investment Solutions, Inc. /IL | Added | +2.3k |
| HighTower Advisors, LLC | Added | +1.5k |
Biggest sellers
| GTS SECURITIES LLC | Reduced | -7.1k |
| Lighthouse Wealth Management Inc. | Sold out | -2.8k |
| Financial Engines Advisors L.L.C. | Reduced | -1.8k |
| Global Wealth Strategies & Associates | Reduced | -1.6k |
| Coston, McIsaac & Partners | Sold out | -528 |
| Advisory Services Network, LLC | Sold out | -453 |
| Wealth Management Nebraska | Reduced | -344 |
| MAI Capital Management | Sold out | -256 |
| ROYAL BANK OF CANADA | Reduced | -51 |
| Asset Dedication, LLC | Sold out | -50 |
Biggest calls
| Belvedere Trading LLC | Added | $599.6k10.0k shares |
| CITADEL ADVISORS LLC | Added | $425.7k7.1k shares |
Biggest puts
| Belvedere Trading LLC | Reduced | $113.9k1.9k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| GTS SECURITIES LLC 0.12% of their portfolio | 60.0k $3.6m | Reduced -7.1k |
| Financial Engines Advisors L.L.C. 0.01% of their portfolio | 58.6k $3.5m | Reduced -1.8k |
| BREAKTHRU ADVISORY SERVICES, LLC 2.17% of their portfolio | 56.6k $3.4m | New |
| MML INVESTORS SERVICES, LLC 0.01% of their portfolio | 56.5k $3.4m | New |
| Global Wealth Strategies & Associates 0.84% of their portfolio | 56.4k $3.4m | Reduced -1.6k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 50.5k $3.0m | Added +45.5k |
| Quattro Advisors LLC 1.67% of their portfolio | 34.9k $2.1m | First filing |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 20.8k $1.2m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 19.8k $1.2m | Added +15.2k |
| Advyzon Investment Management, LLC 0.06% of their portfolio | 7.9k $475.5k | New |
| Wealth Management Nebraska 0.05% of their portfolio | 7.4k $445.6k | Reduced -344 |
| Mattern Wealth Management LLC 0.07% of their portfolio | 6.1k $367.1k | Added +1.4k |
| FLOW TRADERS U.S. LLC 0.01% of their portfolio | 5.1k $304.0k | New |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.01% of their portfolio | 4.8k $287.2k | Added +86 |
| HRT FINANCIAL LP 0.00% of their portfolio | 4.7k $281.0k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 4.2k $254.4k | Added +1.5k |
| AdvisorNet Financial, Inc 0.01% of their portfolio | 3.7k $220.4k | Added +1.0k |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 2.5k $151.1k | Added +709 |
| Strategic Investment Solutions, Inc. /IL 0.04% of their portfolio | 2.5k $167.0k | Added +2.3k |
| CWM, LLC 0.00% of their portfolio | 1.7k $100.0k | Added +85 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 1.3k $76.8k | Added +583 |
| Lodestone Wealth Management LLC 0.02% of their portfolio | 854 $51.2k | New |
| Triumph Capital Management 0.01% of their portfolio | 805 $48.3k | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 763 $45.7k | New |
| Bogart Wealth, LLC 0.00% of their portfolio | 739 $44.3k | New |
| 4Thought Financial Group Inc. 0.02% of their portfolio | 680 $40.8k | New |
| Spire Wealth Management 0.00% of their portfolio | 615 $36.9k | Added +415 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 505 $30.3k | New |
| CoreCap Advisors, LLC 0.00% of their portfolio | 404 $24.2k | Added +15 |
| SJS Investment Consulting Inc. 0.00% of their portfolio | 398 $23.9k | New |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 350 $21.0k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 335 $20.0k | Reduced -51 |
| UBS Group AG 0.00% of their portfolio | 322 $19.3k | New |
| AE Wealth Management LLC 0.00% of their portfolio | 319 $19.1k | Added +174 |
| FINANCIAL CONSULATE, INC 0.00% of their portfolio | 285 $17.1k | Unchanged |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 276 $16.5k | Added +54 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 257 $15.4k | New |
| Tradewinds Capital Management, LLC 0.00% of their portfolio | 214 $12.8k | Unchanged |
| FMR LLC 0.00% of their portfolio | 189 $11.3k | Unchanged |
| Bernard Wealth Management Corp. 0.00% of their portfolio | 180 $10.8k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 172 $10.3k | Unchanged |
| Crews Bank & Trust 0.00% of their portfolio | 156 $9.4k | Unchanged |
| GHP Investment Advisors, Inc. 0.00% of their portfolio | 122 $7.3k | Added +19 |
| Rosenberg Matthew Hamilton 0.00% of their portfolio | 117 $7.0k | New |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 105 $6.3k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 100 $6.0k | Unchanged |
| HHM Wealth Advisors, LLC 0.00% of their portfolio | 100 $6.0k | Unchanged |
| JFS WEALTH ADVISORS, LLC 0.00% of their portfolio | 97 $5.8k | Unchanged |
| Westend Capital Management, LLC 0.00% of their portfolio | 85 $5.1k | Added +2 |
| Laurel Wealth Advisors LLC 0.00% of their portfolio | 79 $4.7k | New |
| BIRCHBROOK, INC. 0.00% of their portfolio | 71 $4.3k | Added +1 |
| JNBA Financial Advisors 0.00% of their portfolio | 68 $4.1k | Added +53 |
| Sound Income Strategies, LLC 0.00% of their portfolio | 65 $4.9k | New |
| SIGNATUREFD, LLC 0.00% of their portfolio | 50 $3.0k | Unchanged |
| Aptus Capital Advisors, LLC 0.00% of their portfolio | 45 $2.7k | Added +12 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 40 $2.4k | New |
| Strategic Wealth Partners, Ltd. 0.00% of their portfolio | 30 $1.8k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 28 $1.7k | New |
| Go Invest LLC 0.00% of their portfolio | 27 $1.6k | First filing |
| Medallion Wealth Advisors, LLC 0.00% of their portfolio | 25 $1.5k | Unchanged |
| Ancora Advisors LLC 0.00% of their portfolio | 16 $959 | New |
| MORGAN STANLEY 0.00% of their portfolio | 10 $616 | Unchanged |
| American Capital Advisory, LLC 0.00% of their portfolio | 10 $612 | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 5 $306 | New |