Vault-13

SCHWAB STRATEGIC TR SCHE

EMRG MKTEQ ETF · ETP · CUSIP 808524706

677 institutional holders -30 vs Q2 2023
237,279,794237.3m shares reported held*
$5.7bnreported value*
37 new 229 added 307 reduced 55 sold out net sold ≈ $73.7m (-6.2m 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 ($3.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.94. Options: 4 managers hold calls ($1.0m notional), 2 hold puts ($6.8k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 680Q4 22: 712Q1 23: 698Q2 23: 707Q3 23: 677677Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022680
Q4 2022712
Q1 2023698
Q2 2023707
Q3 2023677

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 357 bought or addedQ4 22: 318 cut or sold outQ4 22Q1 23: 296 bought or addedQ1 23: 344 cut or sold outQ1 23Q2 23: 326 bought or addedQ2 23: 314 cut or sold outQ2 23Q3 23: 266 bought or addedQ3 23: 362 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022357318
Q1 2023296344
Q2 2023326314
Q3 2023266362

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ4 22 calls: $2.1mQ4 22 puts: $71.0kQ4 22P/C 0.03Q1 23 calls: $1.9mQ1 23 puts: $2.5kQ1 23P/C 0.00Q2 23 calls: $674.9kQ2 23 puts: $0Q2 23P/C 0.00Q3 23 calls: $1.0mQ3 23 puts: $6.8kQ3 23P/C 0.01
Numbers
QuarterCallsPutsP/C
Q4 2022$2.1m$71.0k0.03
Q1 2023$1.9m$2.5k0.00
Q2 2023$674.9k$00.00
Q3 2023$1.0m$6.8k0.01

Biggest buyers

Charles Schwab Investment Advisory, Inc. Added +1,616,463+1.6m
CITADEL ADVISORS LLC Added +1,483,769+1.5m
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +1,218,670+1.2m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +702,595+702.6k
ROYAL BANK OF CANADA Added +556,799+556.8k
Bank of New York Mellon Corp Added +382,061+382.1k
HighTower Advisors, LLC Added +309,641+309.6k
HANTZ FINANCIAL SERVICES, INC. Added +185,431+185.4k
Guardian Financial Partners, LLC New +182,657+182.7k
SageView Advisory Group, LLC Added +157,346+157.3k

Biggest sellers

Bishop & Co Investment Management, LLC Reduced -3,210,791-3.2m
Tradewinds Capital Management, LLC Reduced -1,107,158-1.1m
Koss-Olinger Consulting, LLC Reduced -1,038,935-1.0m
FLOW TRADERS U.S. LLC Sold out -943,854-943.9k
OLD MISSION CAPITAL LLC Reduced -889,723-889.7k
DRW Securities, LLC Reduced -771,090-771.1k
Bogart Wealth, LLC Reduced -733,873-733.9k
Cerity Partners LLC Reduced -568,591-568.6k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -507,685-507.7k
Creative Planning Reduced -485,129-485.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $871.4k36.4k shares
CITADEL ADVISORS LLC Reduced $143.6k6.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA New $0100 shares

Biggest puts

CITADEL ADVISORS LLC New $4.8k200 shares
Cutler Group LLC / CA New $2.0k1.4k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 3.06% of their portfolio SAN FRANCISCO, CA 81,068,84981.1m $1.9bn $1.9bn 3.06% Added +1.6m +1,616,463
2 Creative Planning 0.80% of their portfolio OVERLAND PARK, KS 25,170,82325.2m $602.6m $602.6m 0.80% Reduced -485.1k -485,129
3 Financial Engines Advisors L.L.C. 1.23% of their portfolio SANTA CLARA, CA 19,499,12819.5m $466.8m $466.8m 1.23% Reduced -88.9k -88,933
4 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio SAN FRANCISCO, CA 11,246,70411.2m $269.2m $269.2m 0.08% Reduced -507.7k -507,685
5 HighTower Advisors, LLC 0.22% of their portfolio CHICAGO, IL 4,941,9064.9m $118.3m $118.3m 0.22% Added +309.6k +309,641
6 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 3,327,4123.3m $79.7m $79.7m 0.04% Reduced -114.0k -113,965
7 MERCER GLOBAL ADVISORS INC /ADV 0.25% of their portfolio DENVER, CO 2,768,9422.8m $66.3m $66.3m 0.25% Reduced -159.1k -159,129
8 MATHER GROUP, LLC. 1.17% of their portfolio CHICAGO, IL 2,739,5672.7m $65.6m $65.6m 1.17% Reduced -133.8k -133,833
9 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.20% of their portfolio PLYMOUTH, MN 2,570,4012.6m $61.5m $61.5m 0.20% Added +702.6k +702,595
10 SageView Advisory Group, LLC 3.52% of their portfolio Newport Beach, CA 2,565,3662.6m $61.4m $61.4m 3.52% Added +157.3k +157,346
11 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,853,4141.9m $44.4m $44.4m 0.06% Reduced -148.4k -148,385
12 Heartwood Wealth Advisors LLC 6.28% of their portfolio RICHMOND, VA 1,779,0251.8m $42.6m $42.6m 6.28% Added +9.7k +9,712
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,736,5311.7m $41.6m $41.6m 0.00% Added +55.2k +55,233
14 FMR LLC 0.00% of their portfolio BOSTON, MA 1,675,6271.7m $40.1m $40.1m 0.00% Reduced -1.2k -1,205
15 REBALANCE, LLC 3.70% of their portfolio PALO ALTO, CA 1,590,1331.6m $38.1m $38.1m 3.70% Added +7.2k +7,204
16 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 1,550,4571.6m $37.1m $37.1m 0.04% Added +1.5m +1,483,769
17 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 1,522,1921.5m $36.4m $36.4m 0.06% Reduced -112.7k -112,664
18 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,300,0011.3m $31.1m $31.1m 0.01% Added +556.8k +556,799
19 Krilogy Financial LLC 2.84% of their portfolio ST. LOUIS, MO 1,295,1771.3m $31.0m $31.0m 2.84% Added +18.5k +18,481
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio BALA CYNWYD, PA 1,218,6701.2m $29.2m $29.2m 0.05% New
21 HANTZ FINANCIAL SERVICES, INC. 0.73% of their portfolio SOUTHFIELD, MI 1,204,8421.2m $28.8m $28.8m 0.73% Added +185.4k +185,431
22 Mariner, LLC 0.07% of their portfolio Overland Park, KS 1,121,9951.1m $26.9m $26.9m 0.07% Reduced -35.3k -35,294
23 JONES FINANCIAL COMPANIES LLLP 0.04% of their portfolio DES PERES, MO 1,098,6171.1m $26.3m $26.3m 0.04% Reduced -37.6k -37,596
24 COOPER/HAIMS ADVISORS, LLC 20.43% of their portfolio VICTOR, NY 1,097,0981.1m $26.3m $26.3m 20.43% Added +16.0k +16,040
25 Composition Wealth, LLC 0.79% of their portfolio LOS ANGELES, CA 1,072,5171.1m $25.7m $25.7m 0.79% Reduced -67.9k -67,945
26 KLINGENSTEIN FIELDS & CO LP 1.23% of their portfolio NEW YORK, NY 1,048,6221.0m $25.1m $25.1m 1.23% Added +1.0k +1,020
27 MONETA GROUP INVESTMENT ADVISORS LLC 0.55% of their portfolio ST LOUIS, MO 1,016,8971.0m $24.3m $24.3m 0.55% Added +29.5k +29,519
28 McAdam, LLC 1.94% of their portfolio Philadelphia, PA 989,486989.5k $23.7m $23.7m 1.94% Added +130.2k +130,213
29 JMG Financial Group, Ltd. 1.12% of their portfolio DOWNERS GROVE, IL 968,205968.2k $23.2m $23.2m 1.12% Reduced -21.6k -21,625
30 BlueSky Wealth Advisors, LLC 4.74% of their portfolio New Bern, NC 967,612967.6k $23.2m $23.2m 4.74% Added +40.1k +40,148
31 RAINEY & RANDALL WEALTH ADVISORS INC. 6.36% of their portfolio Celebration, FL 919,736919.7k $22.0m $22.0m 6.36% Added +57.4k +57,352
32 Rakuten Investment Management, Inc. 0.22% of their portfolio TOKYO, M0 877,940877.9k $21.0m $21.0m 0.22% Added +120.6k +120,600
33 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 869,927869.9k $20.8m $20.8m 0.05% Added +55.9k +55,862
34 Wealthspire Advisors, LLC 0.33% of their portfolio NEW YORK, NY 842,785842.8k $20.2m $20.2m 0.33% Added +50.1k +50,119
35 Orgel Wealth Management, LLC 0.66% of their portfolio ALTOONA, WI 820,011820.0k $19.6m $19.6m 0.66% Reduced -384.8k -384,837
36 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 805,106805.1k $19.3m $19.3m 0.03% Added +146.7k +146,710
37 Ballentine Partners, LLC 0.43% of their portfolio Waltham, MA 766,251766.3k $18.3m $18.3m 0.43% Reduced -4.8k -4,825
38 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 726,910726.9k $17.4m $17.4m 0.01% Added +84.5k +84,490
39 SCS Capital Management LLC 0.46% of their portfolio BOSTON, MA 718,404718.4k $17.2m $17.2m 0.46% Reduced -9.9k -9,852
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 687,102687.1k $16.4m $16.4m 0.00% Added +382.1k +382,061
41 UBS Group AG 0.01% of their portfolio ZURICH, V8 684,849684.8k $16.4m $16.4m 0.01% Added +3.1k +3,147
42 OLD MISSION CAPITAL LLC 0.55% of their portfolio CHICAGO, IL 683,124683.1k $16.4m $16.4m 0.55% Reduced -889.7k -889,723
43 BENJAMIN F. EDWARDS & COMPANY, INC. 0.59% of their portfolio ST. LOUIS, MO 639,924639.9k $15.3m $15.3m 0.59% Added +22.5k +22,540
44 Cresset Asset Management, LLC 0.10% of their portfolio Chicago, IL 600,848600.8k $14.4m $14.4m 0.10% Reduced -125.4k -125,447
45 HBK Sorce Advisory LLC 0.62% of their portfolio ERIE, PA 586,888586.9k $14.1m $14.1m 0.62% Reduced -23.9k -23,921
46 Clearwater Capital Advisors, LLC 1.72% of their portfolio HOFFMAN ESTATES, IL 585,478585.5k $14.0m $14.0m 1.72% Added +7.6k +7,622
47 LAKE STREET ADVISORS GROUP, LLC 0.80% of their portfolio PORTSMOUTH, NH 562,753562.8k $13.5m $13.5m 0.80% Reduced -6.2k -6,225
48 Invst, LLC 1.95% of their portfolio INDIANAPOLIS, IN 562,558562.6k $13.5m $13.5m 1.95% Added +20.2k +20,158
49 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 515,997516.0k $12.4m $12.4m 0.11% Added +16.9k +16,923
50 Trilogy Capital Inc. 0.83% of their portfolio IRVINE, CA 511,546511.5k $12.2m $12.2m 0.83% Added +21.3k +21,335
51 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 506,108506.1k $12.1m $12.1m 0.01% Added +12.6k +12,598
52 Towercrest Capital Management 2.27% of their portfolio NEWTOWN, PA 486,786486.8k $11.7m $11.7m 2.27% Added +2.8k +2,784
53 Apollon Wealth Management, LLC 0.57% of their portfolio MOUNT PLEASANT, SC 472,889472.9k $11.3m $11.3m 0.57% Added +38.2k +38,155
54 Prime Capital Investment Advisors, LLC 0.23% of their portfolio OVERLAND PARK, KS 464,395464.4k $11.1m $11.1m 0.23% Reduced -20.4k -20,448
55 Hamilton Capital, LLC 0.83% of their portfolio COLUMBUS, OH 451,396451.4k $10.8m $10.8m 0.83% Reduced -8.9k -8,853
56 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 4.32% of their portfolio EAGLE, ID 448,428448.4k $10.7m $10.7m 4.32% Added +32.0k +31,970
57 NORTH STAR ASSET MANAGEMENT INC 0.61% of their portfolio NEENAH, WI 440,272440.3k $10.5m $10.5m 0.61% Reduced -14.4k -14,383
58 PATHSTONE FAMILY OFFICE, LLC 0.08% of their portfolio ENGLEWOOD, NJ 436,004436.0k $10.4m $10.4m 0.08% Added +30.8k +30,795
59 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 434,733434.7k $10.4m $10.4m 0.01% Reduced -72.1k -72,095
60 PITTENGER & ANDERSON INC 0.52% of their portfolio LINCOLN, NE 430,042430.0k $10.3m $10.3m 0.52% Added +12.5k +12,500
61 OneDigital Investment Advisors LLC 0.21% of their portfolio OVERLAND PARK, KS 411,439411.4k $9.8m $9.8m 0.21% Reduced -312.8k -312,756
62 WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 2.57% of their portfolio GLASTONBURY, CT 405,738405.7k $9.7m $9.7m 2.57% Added +21.5k +21,479
63 Red Tortoise LLC 6.47% of their portfolio ATLANTA, GA 403,032403.0k $9.6m $9.6m 6.47% Added +417 +417
64 Visionary Wealth Advisors 0.75% of their portfolio O'FALLON, IL 387,190387.2k $9.3m $9.3m 0.75% Added +9.7k +9,747
65 RKL Wealth Management LLC 1.10% of their portfolio LANCASTER, PA 374,429374.4k $9.0m $9.0m 1.10% Reduced -6.8k -6,817
66 VALLEY NATIONAL ADVISERS INC 1.54% of their portfolio BETHLEHEM, PA 367,726367.7k $8.8m $8.8m 1.54% Added +18.9k +18,926
67 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 367,337367.3k $8.8m $8.8m 0.04% Reduced -568.6k -568,591
68 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.34% of their portfolio Seattle, WA 366,185366.2k $8.8m $8.8m 0.34% Added +33.8k +33,834
69 Apriem Advisors 1.27% of their portfolio IRVINE, CA 361,961362.0k $8.7m $8.7m 1.27% Reduced -3.1k -3,088
70 Garde Capital, Inc. 0.73% of their portfolio SEATTLE, WA 360,040360.0k $8.6m $8.6m 0.73% Reduced -2.1k -2,131
71 CABOT WEALTH MANAGEMENT INC 1.30% of their portfolio BEVERLY, MA 354,735354.7k $8.5m $8.5m 1.30% Added +318 +318
72 NAPLES GLOBAL ADVISORS, LLC 1.00% of their portfolio NAPLES, FL 343,901343.9k $8.2m $8.2m 1.00% Added +14.6k +14,602
73 Charles Schwab Trust Co 0.90% of their portfolio HENDERSON, NV 332,589332.6k $8.0m $8.0m 0.90% Added +34.6k +34,620
74 Marotta Asset Management 1.79% of their portfolio CHARLOTTESVILLE, VA 324,046324.0k $7.8m $7.8m 1.79% Reduced -62.2k -62,160
75 ARKANSAS FINANCIAL GROUP, INC. 1.53% of their portfolio LITTLE ROCK, AR 313,883313.9k $7.5m $7.5m 1.53% Reduced -13.1k -13,145
76 FFT WEALTH MANAGEMENT LLC 0.96% of their portfolio PHILADELPHIA, PA 311,651311.7k $7.5m $7.5m 0.96% Unchanged
77 Jacobsen Capital Management 4.01% of their portfolio SALT LAKE CITY, UT 308,313308.3k $7.4m $7.4m 4.01% Reduced -15.8k -15,783
78 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 307,008307.0k $7.3m $7.3m 0.03% Added +67.4k +67,439
79 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 306,186306.2k $7.3m $7.3m 0.02% Added +35.7k +35,747
80 DRW Securities, LLC 0.57% of their portfolio CHICAGO, IL 299,434299.4k $7.2m $7.2m 0.57% Reduced -771.1k -771,090
81 MorganRosel Wealth Management, LLC 2.96% of their portfolio HIGHLANDS RANCH, CO 295,910295.9k $7.1m $7.1m 2.96% Added +10.3k +10,312
82 Rainsberger Wealth Advisors, Inc. 4.32% of their portfolio Colorado Springs, CO 293,900293.9k $7.0m $7.0m 4.32% Added +7.3k +7,346
83 ADAMSBROWN WEALTH CONSULTANTS LLC 3.45% of their portfolio WICHITA, KS 292,587292.6k $7.0m $7.0m 3.45% Added +18.5k +18,504
84 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 283,886283.9k $6.8m $6.8m 0.04% Reduced -69.7k -69,732
85 Brand Asset Management Group, Inc. 3.48% of their portfolio CHESTERFIELD, MO 283,741283.7k $6.8m $6.8m 3.48% Reduced -23.8k -23,756
86 Strid Group, LLC 1.37% of their portfolio NEWTOWN SQUARE, PA 273,116273.1k $6.5m $6.5m 1.37% Reduced -2.9k -2,902
87 Bangor Savings Bank 0.77% of their portfolio BANGOR, ME 271,317271.3k $6.5m $6.5m 0.77% Reduced -3.8k -3,779
88 Seneca Financial Advisors LLC 4.30% of their portfolio ROCHESTER, NY 262,484262.5k $6.3m $6.3m 4.30% Reduced -385 -385
89 SigFig Wealth Management, LLC 0.25% of their portfolio SAN FRANCISCO, CA 258,675258.7k $6.2m $6.2m 0.25% Reduced -21.2k -21,218
90 Holistic Financial Partners 4.11% of their portfolio INDIANAPOLIS, IN 258,434258.4k $6.2m $6.2m 4.11% Reduced -17.0k -17,027
91 Consilium Wealth Advisory, LLC 4.31% of their portfolio FRISCO, TX 257,197257.2k $6.2m $6.2m 4.31% Added +27.9k +27,867
92 HC Advisors, LLC 3.63% of their portfolio SANDY SPRINGS, GA 255,406255.4k $6.1m $6.1m 3.63% Added +15.8k +15,780
93 Bluespring Wealth Management, LLC 0.79% of their portfolio AUSTIN, TX 248,833248.8k $6.0m $6.0m 0.79% Reduced -14.5k -14,534
94 Ackerman Capital Advisors, LLC 1.65% of their portfolio DALLAS, TX 247,169247.2k $5.9m $5.9m 1.65% Reduced -14.8k -14,797
95 HANCOCK WHITNEY CORP 0.24% of their portfolio GULFPORT, MS 245,307245.3k $5.9m $5.9m 0.24% Reduced -16.4k -16,364
96 OLIO Financial Planning 2.71% of their portfolio MCLEAN, VA 241,386241.4k $5.8m $5.8m 2.71% Added +20.7k +20,662
97 Sequoia Financial Advisors, LLC 0.10% of their portfolio Akron, OH 238,568238.6k $5.7m $5.7m 0.10% Reduced -1.1k -1,123
98 Fund Evaluation Group, LLC 0.51% of their portfolio CINCINNATI, OH 237,917237.9k $5.7m $5.7m 0.51% Reduced -109.7k -109,740
99 Rockbridge Investment Management, LCC 0.99% of their portfolio Syracuse, NY 234,744234.7k $5.6m $5.6m 0.99% Reduced -5.4k -5,436
100 Geneos Wealth Management Inc. 0.29% of their portfolio ENGLEWOOD, CO 234,692234.7k $5.6m $5.6m 0.29% Added +5.4k +5,411