Vault-13

SCHWAB STRATEGIC TR SCHI

5 10YR CORP BD · ETP · CUSIP 808524698

231 institutional holders +6 vs Q3 2025
45,364,74045.4m shares reported held*
$1.0bnreported value*
35 new 98 added 57 reduced 32 sold out net bought ≈ $34.3m (+1.5m 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 ($8.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.97.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 58Q4 22: 54Q1 23: 53Q2 23: 99Q3 23: 150Q4 23: 167Q1 24: 184Q2 24: 190Q3 24: 191Q4 24: 211Q1 25: 216Q2 25: 229Q3 25: 225Q4 25: 231231Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202258
Q4 202254
Q1 202353
Q2 202399
Q3 2023150
Q4 2023167
Q1 2024184
Q2 2024190
Q3 2024191
Q4 2024211
Q1 2025216
Q2 2025229
Q3 2025225
Q4 2025231

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 122 bought or addedQ1 24: 81 cut or sold outQ2 24: 111 bought or addedQ2 24: 89 cut or sold outQ2 24Q3 24: 124 bought or addedQ3 24: 74 cut or sold outQ4 24: 110 bought or addedQ4 24: 85 cut or sold outQ4 24Q1 25: 122 bought or addedQ1 25: 84 cut or sold outQ2 25: 119 bought or addedQ2 25: 97 cut or sold outQ2 25Q3 25: 138 bought or addedQ3 25: 86 cut or sold outQ4 25: 133 bought or addedQ4 25: 89 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202412281
Q2 202411189
Q3 202412474
Q4 202411085
Q1 202512284
Q2 202511997
Q3 202513886
Q4 202513389

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $207.7kQ3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$0$0—
Q3 2025$0$207.7k—
Q4 2025$0$0—

Biggest buyers

AMERIPRISE FINANCIAL INC Added +814,056+814.1k
CAPTRUST FINANCIAL ADVISORS Added +369,831+369.8k
Caitlin John, LLC New +249,547+249.5k
AssuredPartners Investment Advisors, LLC New +205,492+205.5k
Orion Porfolio Solutions, LLC Added +167,424+167.4k
OGOREK ANTHONY JOSEPH /NY/ /ADV Added +160,984+161.0k
VAN STRUM & TOWNE INC. Added +149,689+149.7k
Wealthspire Advisors, LLC Added +126,208+126.2k
GOLDMAN SACHS GROUP INC New +119,965+120.0k
Bouchey Financial Group, Ltd. Added +118,990+119.0k

Biggest sellers

JANE STREET GROUP, LLC Sold out -605,793-605.8k
Financial Engines Advisors L.L.C. Reduced -524,335-524.3k
JPMORGAN CHASE & CO Reduced -216,733-216.7k
Vident Advisory, LLC Reduced -98,625-98.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -89,619-89.6k
Sanctuary Advisors, LLC Reduced -88,793-88.8k
RENAISSANCE TECHNOLOGIES LLC Sold out -85,296-85.3k
CITADEL ADVISORS LLC Sold out -71,019-71.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -63,456-63.5k
Atria Investments, Inc Sold out -46,395-46.4k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RiverFront Investment Group, LLC 3.19% of their portfolio RICHMOND, VA 8,429,1268.4m $193.6m $193.6m 3.19% Added +5.1k +5,094
2 CAPTRUST FINANCIAL ADVISORS 0.34% of their portfolio RALEIGH, NC 7,834,2347.8m $180.0m $180.0m 0.34% Added +369.8k +369,831
3 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 7,299,7817.3m $167.7m $167.7m 0.05% Reduced -63.5k -63,456
4 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,519,2052.5m $57.9m $57.9m 0.02% Added +80.5k +80,521
5 Bouchey Financial Group, Ltd. 2.46% of their portfolio TROY, NY 1,427,1181.4m $32.8m $32.8m 2.46% Added +119.0k +118,990
6 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,250,4861.3m $28.7m $28.7m 0.01% Added +814.1k +814,056
7 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,086,7871.1m $25.0m $25.0m 0.00% Reduced -10.7k -10,724
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,074,0031.1m $24.7m $24.7m 0.00% Reduced -993 -993
9 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 770,426770.4k $17.7m $17.7m 0.04% Reduced -32.1k -32,124
10 L2 Asset Management, LLC 2.01% of their portfolio Wayland, MA 654,632654.6k $15.0m $15.0m 2.01% Added +3.5k +3,539
11 WestHill Financial Advisors, Inc. 2.60% of their portfolio San Rafael, CA 596,102596.1k $13.7m $13.7m 2.60% Added +2.9k +2,851
12 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 543,940543.9k $12.5m $12.5m 0.01% Added +38.5k +38,515
13 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 527,509527.5k $12.1m $12.1m 0.00% Added +103.8k +103,829
14 RATIONAL ADVISORS, INC. 1.21% of their portfolio San Juan, PR 514,536514.5k $11.8m $11.8m 1.21% Reduced -26.1k -26,144
15 VAN STRUM & TOWNE INC. 3.18% of their portfolio SAN FRANCISCO, CA 495,353495.4k $11.4m $11.4m 3.18% Added +149.7k +149,689
16 Charles Schwab Trust Co 0.72% of their portfolio HENDERSON, NV 476,030476.0k $10.9m $10.9m 0.72% Added +8.5k +8,479
17 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 393,641393.6k $9.0m $9.0m 0.02% Added +39.7k +39,686
18 WT Wealth Management 2.38% of their portfolio SCOTTSDALE, AZ 360,021360.0k $8.3m $8.3m 2.38% Added +7.7k +7,731
19 Kaizen Financial Strategies 3.53% of their portfolio CAMPBELL, CA 348,578348.6k $8.0m $8.0m 3.53% Added +13.6k +13,562
20 White & Co Financial Planning Inc 5.83% of their portfolio SUNNYSIDE, WA 339,620339.6k $7.8m $7.8m 5.83% Reduced -556 -556
21 Advisory Services Network, LLC 0.11% of their portfolio ATLANTA, GA 336,954337.0k $7.7m $7.7m 0.11% Added +4.2k +4,246
22 Mariner, LLC 0.01% of their portfolio Overland Park, KS 311,619311.6k $7.2m $7.2m 0.01% Added +66.7k +66,749
23 Vident Advisory, LLC 0.06% of their portfolio Alpharetta, GA 285,014285.0k $6.5m $6.5m 0.06% Reduced -98.6k -98,625
24 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 258,328258.3k $5.9m $5.9m 0.01% Added +30.9k +30,869
25 Caitlin John, LLC 3.75% of their portfolio BRIGHTON, MI 249,547249.5k $5.7m $5.7m 3.75% New
26 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 242,244242.2k $5.6m $5.6m 0.01% Reduced -18.1k -18,075
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 219,217219.2k $5.0m $5.0m 0.00% Reduced -216.7k -216,733
28 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 208,918208.9k $4.8m $4.8m 0.04% Added +167.4k +167,424
29 Madden Advisory Services, Inc. 1.92% of their portfolio Jacksonville, FL 208,132208.1k $4.8m $4.8m 1.92% Added +3.8k +3,818
30 AssuredPartners Investment Advisors, LLC 0.70% of their portfolio Tampa, FL 205,492205.5k $4.7m $4.7m 0.70% New
31 Bank of New Hampshire 1.05% of their portfolio LACONIA, NH 203,521203.5k $4.7m $4.7m 1.05% Added +30.3k +30,263
32 Seek First Inc. 3.06% of their portfolio Campbell, CA 193,224193.2k $4.4m $4.4m 3.06% Added +4.1k +4,128
33 Mutual Advisors, LLC 0.09% of their portfolio OMAHA, NE 177,651177.7k $4.1m $4.1m 0.09% Reduced -8.8k -8,809
34 OGOREK ANTHONY JOSEPH /NY/ /ADV 1.07% of their portfolio WILLIAMSVILLE, NY 168,976169.0k $3.9m $3.9m 1.07% Added +161.0k +160,984
35 Arrowroot Family Office, LLC 1.23% of their portfolio MARINA DEL REY, CA 147,706147.7k $3.4m $3.4m 1.23% Added +35.7k +35,674
36 Beacon Bridge Wealth Partners, LLC 1.10% of their portfolio LOWER GWYNEDD, PA 143,847143.8k $3.3m $3.3m 1.10% Added +17.1k +17,145
37 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 138,840138.8k $3.2m $3.2m 0.00% Added +10.5k +10,522
38 Wealthspire Advisors, LLC 0.02% of their portfolio NEW YORK, NY 136,252136.3k $3.1m $3.1m 0.02% Added +126.2k +126,208
39 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 135,026135.0k $3.1m $3.1m 0.00% Added +88.2k +88,209
40 Andina Capital Management, LLC 1.87% of their portfolio LOGAN, UT 134,766134.8k $3.1m $3.1m 1.87% Added +10.3k +10,283
41 MFG WEALTH MANAGEMENT, INC. 2.33% of their portfolio Indianapolis, IN 130,346130.3k $3.0m $3.0m 2.33% Reduced -366 -366
42 Prairiewood Capital, LLC 0.91% of their portfolio FARGO, ND 127,915127.9k $2.9m $2.9m 0.91% Added +12.7k +12,696
43 WFA of San Diego, LLC 2.08% of their portfolio SAN DIEGO, CA 123,924123.9k $2.8m $2.8m 2.08% Added +7.0k +6,984
44 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 121,112121.1k $2.8m $2.8m 0.00% Added +95.2k +95,153
45 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 119,965120.0k $2.8m $2.8m 0.00% New
46 FIG FINANCIAL ADVISORY SERVICES INC /ADV 1.69% of their portfolio OKLAHOMA CITY, OK 116,428116.4k $2.7m $2.7m 1.69% New
47 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 114,647114.6k $2.6m $2.6m 0.01% Added +6.0k +5,988
48 DecisionPoint Financial, LLC 0.56% of their portfolio MESA, AZ 111,670111.7k $2.6m $2.6m 0.56% Reduced -84 -84
49 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 106,701106.7k $2.5m $2.5m 0.01% Reduced -88.8k -88,793
50 Cascades Capital Asset Management, LLC 0.98% of their portfolio GREENSBORO, NC 102,106102.1k $2.3m $2.3m 0.98% Added +54.1k +54,056
51 Citizens National Bank Trust Department 0.37% of their portfolio MERIDIAN, MS 93,48993.5k $2.1m $2.1m 0.37% Reduced -1.1k -1,068
52 Essex LLC 0.34% of their portfolio DEER PARK, IL 82,72682.7k $1.9m $1.9m 0.34% Reduced -41.1k -41,060
53 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 80,80980.8k $1.9m $1.9m 0.00% Reduced -2.6k -2,554
54 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 78,84278.8k $1.8m $1.8m 0.00% Added +1.4k +1,414
55 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 78,53978.5k $1.8m $1.8m 0.00% Added +13.7k +13,677
56 Entelevest, LLC 1.82% of their portfolio CORAL GABLES, FL 76,65476.7k $1.8m $1.8m 1.82% First filing
57 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 74,76674.8k $1.7m $1.7m 0.00% Added +11.4k +11,358
58 Avior Wealth Management, LLC 0.05% of their portfolio OMAHA, NE 74,54674.5k $1.7m $1.7m 0.05% Added +527 +527
59 CERTIOR FINANCIAL GROUP, LLC 1.13% of their portfolio KING OF PRUSSIA, PA 72,15872.2k $1.7m $1.7m 1.13% Added +2.7k +2,693
60 INTEGRITY ALLIANCE, LLC. 0.06% of their portfolio Urbandale, IA 70,04470.0k $1.6m $1.6m 0.06% Reduced -32.2k -32,229
61 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 67,71767.7k $1.6m $1.6m 0.00% Reduced -4.0k -4,017
62 INTEGRAL INVESTMENT ADVISORS, INC. 0.38% of their portfolio TURLOCK, CA 67,28167.3k $1.5m $1.5m 0.38% Added +13.3k +13,332
63 AMERICAN NATIONAL BANK & TRUST 0.14% of their portfolio WICHITA FALLS, TX 66,09566.1k $1.5m $1.5m 0.14% Added +9.5k +9,490
64 Advisors Capital Management, LLC 0.02% of their portfolio RIDGEWOOD, NJ 64,18464.2k $1.5m $1.5m 0.02% Added +2.5k +2,470
65 COMERICA BANK 0.01% of their portfolio DALLAS, TX 58,81458.8k $1.4m $1.4m 0.01% Reduced -10.4k -10,382
66 CreativeOne Wealth, LLC 0.03% of their portfolio OVERLAND PARK, KS 58,34158.3k $1.3m $1.3m 0.03% Added +4.8k +4,837
67 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 55,59455.6k $1.3m $1.3m 0.00% Reduced -35.8k -35,754
68 Pinnacle Family Advisors, LLC 0.55% of their portfolio Springfield, MO 54,03054.0k $1.2m $1.2m 0.55% Added +1.6k +1,605
69 Savant Capital, LLC 0.01% of their portfolio ROCKFORD, IL 51,47251.5k $1.2m $1.2m 0.01% Reduced -7.5k -7,459
70 CIBC WORLD MARKETS CORP 0.01% of their portfolio NEW YORK, NY 51,30451.3k $1.2m $1.2m 0.01% First filing
71 FMR LLC 0.00% of their portfolio BOSTON, MA 50,93050.9k $1.2m $1.2m 0.00% Added +29.5k +29,471
72 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 47,19647.2k $1.1m $1.1m 0.00% Reduced -10.3k -10,289
73 Sculati Wealth Management, LLC 0.38% of their portfolio Bloomfield Hills, MI 47,05847.1k $1.1m $1.1m 0.38% Added +4.0k +4,029
74 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 41,30841.3k $948.8k $948.8k 0.00% Added +13.5k +13,465
75 Bestgate Wealth Advisors, LLC 1.57% of their portfolio FREDERICK, MD 38,79238.8k $891.1k $891.1k 1.57% Added +1.6k +1,635
76 CoreCap Advisors, LLC 0.03% of their portfolio SOUTHFIELD, MI 38,55438.6k $885.6k $885.6k 0.03% Reduced -16.2k -16,173
77 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 38,50038.5k $884.3k $884.3k 0.00% Added +11.8k +11,850
78 Main Street Research LLC 0.05% of their portfolio SAUSALITO, CA 38,49338.5k $884.2k $884.2k 0.05% Added +4.3k +4,252
79 Rosenberg Matthew Hamilton 0.17% of their portfolio GRAND JUNCTION, CO 35,28235.3k $810.4k $810.4k 0.17% Added +349 +349
80 CREATIVE FINANCIAL DESIGNS INC /ADV 0.05% of their portfolio KOKOMO, IN 33,20633.2k $762.7k $762.7k 0.05% Added +2.2k +2,211
81 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 32,09332.1k $737.2k $737.2k 0.00% New
82 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 31,60031.6k $725.9k $725.9k 0.00% Added +100 +100
83 Avidian Wealth Enterprises, LLC 0.03% of their portfolio Houston, TX 30,76930.8k $706.8k $706.8k 0.03% Added +2.4k +2,375
84 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 30,07930.1k $690.9k $690.9k 0.02% Added +15.0k +15,002
85 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 29,71129.7k $682.5k $682.5k 0.00% Added +18.4k +18,420
86 FLAGSTAR SECURITIES, INC 0.22% of their portfolio New York, NY 28,41128.4k $652.6k $652.6k 0.22% Added +299 +299
87 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 28,39028.4k $652.0k $652.0k 0.00% Reduced -254 -254
88 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 28,30028.3k $650.1k $650.1k 0.01% Added +6.0k +6,012
89 Koshinski Asset Management, Inc. 0.04% of their portfolio DECATUR, IL 28,21928.2k $648.2k $648.2k 0.04% Reduced -47 -47
90 Harel Insurance Investments & Financial Services Ltd. 0.01% of their portfolio Ramat Gan, L3 27,61027.6k $634.0k $634.0k 0.01% Added +1.1k +1,144
91 MONEY CONCEPTS CAPITAL CORP 0.04% of their portfolio PALM BEACH GARDENS, FL 27,27327.3k $626.5k $626.5k 0.04% Added +3.5k +3,499
92 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 25,40725.4k $583.6k $583.6k 0.00% Reduced -3.3k -3,336
93 Joule Financial, LLC 0.17% of their portfolio Lexington, KY 25,32525.3k $581.7k $581.7k 0.17% Unchanged
94 Christensen, King & Associates Investment Services, Inc. 0.24% of their portfolio RICHLAND, WA 24,66824.7k $566.6k $566.6k 0.24% Added +249 +249
95 Pacific Capital Wealth Advisors, Inc. 0.10% of their portfolio CORONA, CA 24,49024.5k $562.5k $562.5k 0.10% Unchanged
96 HOWE & RUSLING INC 0.04% of their portfolio ROCHESTER, NY 24,36224.4k $559.6k $559.6k 0.04% Added +19.6k +19,634
97 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 23,66623.7k $543.6k $543.6k 0.01% Added +6.1k +6,116
98 Prosperity Wealth Management, Inc. 0.17% of their portfolio San Ramon, CA 22,23522.2k $510.7k $510.7k 0.17% Reduced -633 -633
99 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 22,18522.2k $509.6k $509.6k 0.01% Added +537 +537
100 ABSOLUTE CAPITAL MANAGEMENT, LLC 0.18% of their portfolio Pittsburgh, PA 21,12021.1k $485.1k $485.1k 0.18% Added +5.4k +5,444