Vault-13

SCHWAB STRATEGIC TR SCHQ

LONG TERM US · ETP · CUSIP 808524680

119 institutional holders +7 vs Q3 2025
19,589,46619.6m shares reported held*
$621.0mreported value*
18 new 54 added 32 reduced 16 sold out net bought ≈ $161.6m (+5.1m 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 ($279.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $31.70.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 24Q4 22: 25Q1 23: 33Q2 23: 51Q3 23: 59Q4 23: 95Q1 24: 90Q2 24: 92Q3 24: 107Q4 24: 104Q1 25: 104Q2 25: 108Q3 25: 112Q4 25: 119119Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202224
Q4 202225
Q1 202333
Q2 202351
Q3 202359
Q4 202395
Q1 202490
Q2 202492
Q3 2024107
Q4 2024104
Q1 2025104
Q2 2025108
Q3 2025112
Q4 2025119

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 43 bought or addedQ1 24: 53 cut or sold outQ2 24: 41 bought or addedQ2 24: 53 cut or sold outQ2 24Q3 24: 73 bought or addedQ3 24: 30 cut or sold outQ4 24: 43 bought or addedQ4 24: 64 cut or sold outQ4 24Q1 25: 58 bought or addedQ1 25: 49 cut or sold outQ2 25: 52 bought or addedQ2 25: 60 cut or sold outQ2 25Q3 25: 69 bought or addedQ3 25: 47 cut or sold outQ4 25: 72 bought or addedQ4 25: 48 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20244353
Q2 20244153
Q3 20247330
Q4 20244364
Q1 20255849
Q2 20255260
Q3 20256947
Q4 20257248

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC Added +3,035,529+3.0m
LPL Financial LLC Added +990,099+990.1k
MML INVESTORS SERVICES, LLC Added +816,199+816.2k
WELLS FARGO & COMPANY/MN Added +306,270+306.3k
Cetera Investment Advisers Added +213,942+213.9k
Quadrature Capital Ltd New +207,781+207.8k
PARK AVENUE SECURITIES LLC Added +203,907+203.9k
Thrivent Financial for Lutherans New +203,304+203.3k
GTS SECURITIES LLC New +152,644+152.6k
Bank of New York Mellon Corp Added +94,318+94.3k

Biggest sellers

RAYMOND JAMES FINANCIAL INC Reduced -325,378-325.4k
GOLDMAN SACHS GROUP INC Reduced -239,058-239.1k
NATIONAL BANK OF CANADA /FI/ Sold out -183,200-183.2k
JPMORGAN CHASE & CO Reduced -148,443-148.4k
Capitolis Liquid Global Markets LLC Sold out -140,300-140.3k
MORGAN STANLEY Reduced -139,510-139.5k
Tidal Investments LLC Reduced -126,240-126.2k
Mirae Asset Global Investments Co., Ltd. Reduced -96,854-96.9k
CITADEL ADVISORS LLC Sold out -62,636-62.6k
Beacon Bridge Wealth Partners, LLC Reduced -30,781-30.8k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 6,051,2106.1m $191.8m $191.8m 0.06% Added +3.0m +3,035,529
2 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,904,4171.9m $60.4m $60.4m 0.02% Added +990.1k +990,099
3 MML INVESTORS SERVICES, LLC 0.13% of their portfolio SPRINGFIELD, MA 1,645,8921.6m $52.2m $52.2m 0.13% Added +816.2k +816,199
4 Mirae Asset Global Investments Co., Ltd. 0.11% of their portfolio SEOUL, M5 1,283,2421.3m $40.7m $40.7m 0.11% Reduced -96.9k -96,854
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 601,927601.9k $19.1m $19.1m 0.00% Reduced -148.4k -148,443
6 Carolina Wealth Advisors, LLC 8.19% of their portfolio MYRTLE BEACH, SC 579,689579.7k $18.4m $18.4m 8.19% Reduced -6.1k -6,093
7 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 497,042497.0k $15.8m $15.8m 0.02% Added +213.9k +213,942
8 Werba Rubin Papier Wealth Management 4.15% of their portfolio SAN JOSE, CA 482,748482.7k $15.3m $15.3m 4.15% Reduced -24.6k -24,613
9 SFMG, LLC 1.01% of their portfolio PLANO, TX 477,113477.1k $15.1m $15.1m 1.01% Added +59.0k +58,979
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 473,990474.0k $15.0m $15.0m 0.00% Reduced -139.5k -139,510
11 PARK AVENUE SECURITIES LLC 0.10% of their portfolio NEW YORK, NY 388,612388.6k $12.3m $12.3m 0.10% Added +203.9k +203,907
12 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 337,890337.9k $10.7m $10.7m 0.00% Added +306.3k +306,270
13 Tidal Investments LLC 0.04% of their portfolio Milwaukee, WI 317,293317.3k $10.1m $10.1m 0.04% Reduced -126.2k -126,240
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 279,233279.2k $8.9m $8.9m 0.00% Reduced -239.1k -239,058
15 Quadrature Capital Ltd 0.07% of their portfolio LONDON, X0 207,781207.8k $6.6m $6.6m 0.07% New
16 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 203,304203.3k $6.4m $6.4m 0.01% New
17 Beacon Bridge Wealth Partners, LLC 1.84% of their portfolio LOWER GWYNEDD, PA 174,868174.9k $5.5m $5.5m 1.84% Reduced -30.8k -30,781
18 L2 Asset Management, LLC 0.69% of their portfolio Wayland, MA 162,424162.4k $5.1m $5.1m 0.69% Added +5.3k +5,260
19 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 159,077159.1k $5.0m $5.0m 0.00% Added +3.0k +3,035
20 Centric Wealth Management 1.03% of their portfolio CHICAGO, IL 154,996155.0k $4.9m $4.9m 1.03% Added +6.0k +5,992
21 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 153,084153.1k $4.9m $4.9m 0.00% Reduced -4.1k -4,097
22 GTS SECURITIES LLC 0.17% of their portfolio NEW YORK, NY 152,644152.6k $4.8m $4.8m 0.17% New
23 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 141,066141.1k $4.5m $4.5m 0.00% Added +94.3k +94,318
24 WBH ADVISORY INC 0.30% of their portfolio BALTIMORE, MD 128,500128.5k $4.1m $4.1m 0.30% Added +41.2k +41,245
25 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 127,034127.0k $4.0m $4.0m 0.01% Added +69.7k +69,700
26 Attessa Capital LLC 2.15% of their portfolio TUCSON, AZ 124,331124.3k $3.9m $3.9m 2.15% Added +8.9k +8,905
27 Kaizen Financial Strategies 1.69% of their portfolio CAMPBELL, CA 120,863120.9k $3.8m $3.8m 1.69% Reduced -11.8k -11,805
28 Professional Financial Management, Inc. 3.45% of their portfolio APPLETON, WI 96,03496.0k $3.0m $3.0m 3.45% First filing
29 WT Wealth Management 0.87% of their portfolio SCOTTSDALE, AZ 95,19795.2k $3.0m $3.0m 0.87% Added +1.7k +1,706
30 Principia Wealth Advisory, LLC 1.76% of their portfolio DALLAS, TX 88,66388.7k $2.8m $2.8m 1.76% Added +38.1k +38,146
31 Summit Financial, LLC 0.04% of their portfolio PARSIPPANY, NJ 87,95788.0k $2.8m $2.8m 0.04% Added +5.8k +5,822
32 COLLECTIVE FAMILY OFFICE LLC 0.61% of their portfolio YORK, PA 84,29784.3k $2.7m $2.7m 0.61% Added +7.5k +7,496
33 Sequoia Financial Advisors, LLC 0.01% of their portfolio Akron, OH 83,78083.8k $2.7m $2.7m 0.01% Added +25.7k +25,709
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 81,89681.9k $2.6m $2.6m 0.00% Reduced -14.4k -14,444
35 Galvin, Gaustad & Stein, LLC 0.19% of their portfolio Scottsdale, AZ 76,83076.8k $2.4m $2.4m 0.19% Added +928 +928
36 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 71,81971.8k $2.3m $2.3m 0.01% Reduced -2.0k -2,036
37 MFG WEALTH MANAGEMENT, INC. 1.73% of their portfolio Indianapolis, IN 70,06070.1k $2.2m $2.2m 1.73% Reduced -454 -454
38 Charles Schwab Trust Co 0.14% of their portfolio HENDERSON, NV 68,83268.8k $2.2m $2.2m 0.14% Added +990 +990
39 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 68,20068.2k $2.2m $2.2m 0.00% Unchanged
40 NorthRock Partners, LLC 0.04% of their portfolio MINNEAPOLIS, MN 65,68965.7k $2.1m $2.1m 0.04% Added +36.3k +36,310
41 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 62,21362.2k $2.0m $2.0m 0.02% Added +3.0k +2,967
42 Mutual Advisors, LLC 0.04% of their portfolio OMAHA, NE 59,67359.7k $1.9m $1.9m 0.04% Reduced -1.4k -1,444
43 Invst, LLC 0.18% of their portfolio INDIANAPOLIS, IN 52,43152.4k $1.7m $1.7m 0.18% Added +25.6k +25,559
44 Fermata Advisors, LLC 0.40% of their portfolio SONOMA, CA 52,30352.3k $1.7m $1.7m 0.40% Added +13.6k +13,613
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 51,41851.4k $1.6m $1.6m 0.00% Added +17.7k +17,733
46 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 45,96946.0k $1.5m $1.5m 0.00% Reduced -325.4k -325,378
47 Barden Capital Management, Inc. 1.14% of their portfolio AUSTIN, TX 43,85343.9k $1.4m $1.4m 1.14% Added +2.9k +2,945
48 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 43,84443.8k $1.4m $1.4m 0.02% Added +5.1k +5,073
49 CWM, LLC 0.00% of their portfolio OMAHA, NE 40,20640.2k $1.3m $1.3m 0.00% Added +25.4k +25,398
50 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 39,81339.8k $1.3m $1.3m 0.00% New
51 FLOW TRADERS U.S. LLC 0.04% of their portfolio NEW YORK, NY 35,37635.4k $1.1m $1.1m 0.04% New
52 VAN STRUM & TOWNE INC. 0.31% of their portfolio SAN FRANCISCO, CA 34,68134.7k $1.1m $1.1m 0.31% Reduced -2.7k -2,675
53 Seek First Inc. 0.75% of their portfolio Campbell, CA 34,53934.5k $1.1m $1.1m 0.75% Added +841 +841
54 Keystone Global Partners, LLC 0.47% of their portfolio DENVER, CO 33,47533.5k $1.1m $1.1m 0.47% Reduced -17.4k -17,412
55 Regal Investment Advisors LLC 0.06% of their portfolio KENTWOOD, MI 30,22630.2k $958.2k $958.2k 0.06% Added +14.5k +14,508
56 Antonelli Financial Advisors, LLC 0.62% of their portfolio GROSSE POINTE, MI 29,95530.0k $950.0k $950.0k 0.62% Reduced -471 -471
57 Faithward Advisors, LLC 0.13% of their portfolio LANCASTER, PA 28,79628.8k $912.8k $912.8k 0.13% Reduced -4.8k -4,842
58 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 25,47625.5k $807.6k $807.6k 0.00% Added +9.2k +9,186
59 Smart Money Group LLC 0.22% of their portfolio EASTLAND, TX 23,80623.8k $754.7k $754.7k 0.22% Added +5.5k +5,457
60 GRANVILLE CAPITAL, INC. 0.40% of their portfolio GREENSBORO, NC 23,60123.6k $748.1k $748.1k 0.40% First filing
61 Strategic Blueprint, LLC 0.04% of their portfolio ATLANTA, GA 21,30321.3k $675.3k $675.3k 0.04% Added +6.3k +6,344
62 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 21,06221.1k $667.7k $667.7k 0.01% Reduced -278 -278
63 Magnus Financial Group LLC 0.05% of their portfolio NEW YORK, NY 20,70720.7k $656.4k $656.4k 0.05% Added +7.7k +7,746
64 SILVERLAKE WEALTH MANAGEMENT LLC 0.15% of their portfolio WILLISTON, VT 20,63120.6k $654.0k $654.0k 0.15% Added +9.8k +9,849
65 Downshift Financial, LLC 0.40% of their portfolio BOULDER, CO 20,61420.6k $654.0k $654.0k 0.40% First filing
66 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 19,53619.5k $619.3k $619.3k 0.00% New
67 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 19,08219.1k $605.0k $605.0k 0.00% Reduced -26.1k -26,119
68 Bryn Mawr Trust Advisors, LLC 0.03% of their portfolio PHILADELPHIA, PA 17,87517.9k $566.6k $566.6k 0.03% Unchanged
69 Sellwood Investment Partners LLC 0.22% of their portfolio PORTLAND, OR 17,87517.9k $566.6k $566.6k 0.22% Unchanged
70 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 17,78117.8k $564.0k $564.0k 0.00% Added +7.1k +7,143
71 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 16,95517.0k $537.5k $537.5k 0.00% New
72 MERIDIAN MANAGEMENT CO 0.13% of their portfolio LITTLE ROCK, AR 16,50716.5k $523.3k $523.3k 0.13% Added +241 +241
73 EXENCIAL WEALTH ADVISORS, LLC 0.02% of their portfolio OKLAHOMA CITY, OK 16,20216.2k $513.6k $513.6k 0.02% Added +1.3k +1,275
74 TOTAL INVESTMENT MANAGEMENT INC 0.06% of their portfolio SCOTTSDALE, AZ 14,60914.6k $463.1k $463.1k 0.06% Reduced -2.8k -2,830
75 Northwest Capital Management Inc 1.82% of their portfolio Lake Oswego, OR 13,26613.3k $420.5k $420.5k 1.82% Reduced -4.7k -4,713
76 Milestones Private Investment Advisors LLC 0.27% of their portfolio FAIRPORT, NY 12,58812.6k $399.0k $399.0k 0.27% Reduced -892 -892
77 KINTRA WEALTH, LLC 0.05% of their portfolio WILLIAMSPORT, PA 11,88511.9k $376.8k $376.8k 0.05% New
78 RDA Financial Network 0.09% of their portfolio AKRON, IA 11,59511.6k $367.6k $367.6k 0.09% Added +3.8k +3,786
79 Worth Asset Management, LLC 0.14% of their portfolio DALLAS, TX 10,68410.7k $338.7k $338.7k 0.14% New
80 GeoWealth Management, LLC 0.01% of their portfolio CHICAGO, IL 10,25710.3k $325.2k $325.2k 0.01% Added +5.0k +5,011
81 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 9,3949.4k $297.0k $297.0k 0.00% New
82 Transamerica Financial Advisors, LLC 0.02% of their portfolio CEDAR RAPIDS, IA 9,0669.1k $287.4k $287.4k 0.02% Added +5.9k +5,912
83 WEALTHGARDEN F.S. LLC 0.17% of their portfolio EL SEGUNDO, CA 8,1288.1k $260.3k $260.3k 0.17% Added +930 +930
84 Madden Advisory Services, Inc. 0.10% of their portfolio Jacksonville, FL 7,4737.5k $236.9k $236.9k 0.10% Added +40 +40
85 Mariner, LLC 0.00% of their portfolio Overland Park, KS 7,2887.3k $231.0k $231.0k 0.00% Reduced -1.2k -1,247
86 Two West Capital Advisors LLC 0.13% of their portfolio Overland Park, KS 7,2317.2k $229.2k $229.2k 0.13% Added +1.0k +1,035
87 Jacobs Equity LLC 0.22% of their portfolio DRAPER, UT 7,0607.1k $223.8k $223.8k 0.22% First filing
88 Strategic Advocates LLC 0.06% of their portfolio SACRAMENTO, CA 7,0587.1k $225.2k $225.2k 0.06% Reduced -195 -195
89 Ausdal Financial Partners, Inc. 0.01% of their portfolio Davenport, IA 6,4996.5k $206.0k $206.0k 0.01% New
90 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 5,0035.0k $158.6k $158.6k 0.00% Reduced -20 -20
91 CREATIVE FINANCIAL DESIGNS INC /ADV 0.01% of their portfolio KOKOMO, IN 4,8334.8k $153.2k $153.2k 0.01% Added +29 +29
92 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 3,8513.9k $122.1k $122.1k 0.00% Unchanged
93 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 3,5493.5k $112.5k $112.5k 0.00% Added +1.4k +1,445
94 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,5163.5k $111.5k $111.5k 0.00% Added +1.4k +1,379
95 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,7041.7k $54.0k $54.0k 0.00% New
96 ATLAS CAPITAL ADVISORS INC. 0.01% of their portfolio JACKSON, WY 1,6061.6k $50.9k $50.9k 0.01% First filing
97 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 1,4261.4k $45.2k $45.2k 0.00% New
98 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 1,4061.4k $44.9k $44.9k 0.00% Reduced -1.3k -1,341
99 Versant Capital Management, Inc 0.00% of their portfolio PHOENIX, AZ 1,1611.2k $36.8k $36.8k 0.00% Unchanged
100 CARDIFF PARK ADVISORS, LLC 0.00% of their portfolio SAN MARCOS, CA 1,1391.1k $36.1k $36.1k 0.00% Unchanged