Vault-13

SCHWAB STRATEGIC TR SCHE

EMRG MKTEQ ETF · ETP · CUSIP 808524706

737 institutional holders +60 vs Q3 2023
248,363,885248.4m shares reported held*
$5.9bnreported value*
57 new 259 added 298 reduced 41 sold out net sold ≈ $7.4m (+9.2m 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 ($3.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.81. Options: 4 managers hold calls ($746.2k notional), 1 hold puts ($22.3k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 680Q4 22: 712Q1 23: 698Q2 23: 707Q3 23: 677Q4 23: 737737Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022680
Q4 2022712
Q1 2023698
Q2 2023707
Q3 2023677
Q4 2023737

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 23Q4 23: 316 bought or addedQ4 23: 339 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022357318
Q1 2023296344
Q2 2023326314
Q3 2023266362
Q4 2023316339

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ1 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 0.01Q4 23 calls: $746.2kQ4 23 puts: $22.3kQ4 23P/C 0.03
Numbers
QuarterCallsPutsP/C
Q1 2023$1.9m$2.5k0.00
Q2 2023$674.9k$00.00
Q3 2023$1.0m$6.8k0.01
Q4 2023$746.2k$22.3k0.03

Biggest buyers

Cerity Partners LLC Added +9,372,497+9.4m
Charles Schwab Investment Advisory, Inc. Added +2,852,632+2.9m
MORGAN STANLEY Added +1,863,251+1.9m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +750,511+750.5k
SCS Capital Management LLC Added +714,598+714.6k
SageView Advisory Group, LLC Added +707,680+707.7k
Financial Engines Advisors L.L.C. Added +491,804+491.8k
JPMORGAN CHASE & CO Added +398,389+398.4k
Boyd Wealth Management, LLC Added +250,039+250.0k
Rakuten Investment Management, Inc. Added +239,100+239.1k

Biggest sellers

CITADEL ADVISORS LLC Reduced -1,479,254-1.5m
JANE STREET GROUP, LLC Reduced -1,471,930-1.5m
ROYAL BANK OF CANADA Reduced -1,132,204-1.1m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -982,919-982.9k
Composition Wealth, LLC Reduced -805,474-805.5k
OLD MISSION CAPITAL LLC Reduced -567,939-567.9k
HighTower Advisors, LLC Reduced -445,386-445.4k
Apollon Wealth Management, LLC Reduced -378,209-378.2k
Creative Planning Reduced -369,295-369.3k
OSAIC HOLDINGS, INC. Reduced -356,539-356.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $696.6k28.1k shares
CITADEL ADVISORS LLC Reduced $49.6k2.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Unchanged $0100 shares

Biggest puts

CITADEL ADVISORS LLC Added $22.3k900 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 2.99% of their portfolio SAN FRANCISCO, CA 83,921,48183.9m $2.1bn $2.1bn 2.99% Added +2.9m +2,852,632
2 Creative Planning 1.14% of their portfolio OVERLAND PARK, KS 24,801,52824.8m $614.8m $614.8m 1.14% Reduced -369.3k -369,295
3 Financial Engines Advisors L.L.C. 1.17% of their portfolio SANTA CLARA, CA 19,990,93220.0m $495.6m $495.6m 1.17% Added +491.8k +491,804
4 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio SAN FRANCISCO, CA 11,997,21512.0m $297.4m $297.4m 0.08% Added +750.5k +750,511
5 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 9,739,8349.7m $13.1m $13.1m 0.04% Added +9.4m +9,372,497
6 HighTower Advisors, LLC 0.19% of their portfolio CHICAGO, IL 4,496,5204.5m $111.4m $111.4m 0.19% Reduced -445.4k -445,386
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,599,7823.6m $89.2m $89.2m 0.00% Added +1.9m +1,863,251
8 SageView Advisory Group, LLC 3.37% of their portfolio Newport Beach, CA 3,273,0463.3m $78.4m $78.4m 3.37% Added +707.7k +707,680
9 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 3,044,0783.0m $75.5m $75.5m 0.03% Reduced -283.3k -283,334
10 MATHER GROUP, LLC. 1.00% of their portfolio CHICAGO, IL 2,558,1592.6m $63.4m $63.4m 1.00% Reduced -181.4k -181,408
11 MERCER GLOBAL ADVISORS INC /ADV 0.19% of their portfolio DENVER, CO 2,497,3342.5m $61.9m $61.9m 0.19% Reduced -271.6k -271,608
12 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.18% of their portfolio PLYMOUTH, MN 2,479,1082.5m $61.5m $61.5m 0.18% Reduced -91.3k -91,293
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 1,912,9991.9m $47.4m $47.4m 0.05% Added +59.6k +59,585
14 Heartwood Wealth Advisors LLC 5.93% of their portfolio RICHMOND, VA 1,795,9961.8m $44.5m $44.5m 5.93% Added +17.0k +16,971
15 FMR LLC 0.00% of their portfolio BOSTON, MA 1,737,4621.7m $43.1m $43.1m 0.00% Added +61.8k +61,835
16 REBALANCE, LLC 3.75% of their portfolio PALO ALTO, CA 1,736,4311.7m $43.0m $43.0m 3.75% Added +146.3k +146,298
17 SCS Capital Management LLC 0.41% of their portfolio BOSTON, MA 1,433,0021.4m $35.5m $35.5m 0.41% Added +714.6k +714,598
18 Krilogy Financial LLC 2.73% of their portfolio ST. LOUIS, MO 1,294,0161.3m $32.1m $32.1m 2.73% Reduced -1.2k -1,161
19 HANTZ FINANCIAL SERVICES, INC. 0.63% of their portfolio SOUTHFIELD, MI 1,159,6191.2m $28.7m $28.7m 0.63% Reduced -45.2k -45,223
20 Mariner, LLC 0.07% of their portfolio Overland Park, KS 1,132,9281.1m $28.1m $28.1m 0.07% Added +10.9k +10,933
21 Rakuten Investment Management, Inc. 0.24% of their portfolio TOKYO, M0 1,117,0401.1m $27.6m $27.6m 0.24% Added +239.1k +239,100
22 McAdam, LLC 1.99% of their portfolio Philadelphia, PA 1,113,6461.1m $27.6m $27.6m 1.99% Added +124.2k +124,160
23 JONES FINANCIAL COMPANIES LLLP 0.04% of their portfolio DES PERES, MO 1,086,4241.1m $26.9m $26.9m 0.04% Reduced -12.2k -12,193
24 KLINGENSTEIN FIELDS & CO LP 1.20% of their portfolio NEW YORK, NY 1,082,3131.1m $26.8m $26.8m 1.20% Added +33.7k +33,691
25 COOPER/HAIMS ADVISORS, LLC 15.00% of their portfolio VICTOR, NY 1,067,4631.1m $26.5m $26.5m 15.00% Reduced -29.6k -29,635
26 MONETA GROUP INVESTMENT ADVISORS LLC 0.51% of their portfolio ST LOUIS, MO 1,036,2401.0m $25.7m $25.7m 0.51% Added +19.3k +19,343
27 BlueSky Wealth Advisors, LLC 4.58% of their portfolio New Bern, NC 993,881993.9k $24.6m $24.6m 4.58% Added +26.3k +26,269
28 RAINEY & RANDALL WEALTH ADVISORS INC. 6.02% of their portfolio Celebration, FL 952,286952.3k $23.6m $23.6m 6.02% Added +32.5k +32,550
29 Orgel Wealth Management, LLC 0.67% of their portfolio ALTOONA, WI 911,132911.1k $22.6m $22.6m 0.67% Added +91.1k +91,121
30 JMG Financial Group, Ltd. 0.94% of their portfolio DOWNERS GROVE, IL 906,136906.1k $22.5m $22.5m 0.94% Reduced -62.1k -62,069
31 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 891,789891.8k $22.1m $22.1m 0.04% Added +21.9k +21,862
32 Wealthspire Advisors, LLC 0.30% of their portfolio NEW YORK, NY 865,835865.8k $21.5m $21.5m 0.30% Added +23.1k +23,050
33 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 791,824791.8k $19.6m $19.6m 0.01% Added +64.9k +64,914
34 UBS Group AG 0.01% of their portfolio ZURICH, V8 789,051789.1k $19.6m $19.6m 0.01% Added +104.2k +104,202
35 Ballentine Partners, LLC 0.38% of their portfolio Waltham, MA 756,255756.3k $18.7m $18.7m 0.38% Reduced -10.0k -9,996
36 BENJAMIN F. EDWARDS & COMPANY, INC. 0.33% of their portfolio ST. LOUIS, MO 666,532666.5k $16.5m $16.5m 0.33% Added +26.6k +26,608
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 665,700665.7k $16.5m $16.5m 0.00% Reduced -21.4k -21,402
38 HBK Sorce Advisory LLC 0.63% of their portfolio ERIE, PA 655,734655.7k $16.3m $16.3m 0.63% Added +68.8k +68,846
39 Clearwater Capital Advisors, LLC 1.68% of their portfolio HOFFMAN ESTATES, IL 603,996604.0k $15.0m $15.0m 1.68% Added +18.5k +18,518
40 Invst, LLC 1.85% of their portfolio INDIANAPOLIS, IN 589,456589.5k $14.4m $14.4m 1.85% Added +26.9k +26,898
41 Cresset Asset Management, LLC 0.09% of their portfolio Chicago, IL 583,939583.9k $14.5m $14.5m 0.09% Reduced -16.9k -16,909
42 Trilogy Capital Inc. 0.85% of their portfolio IRVINE, CA 556,571556.6k $13.8m $13.8m 0.85% Added +45.0k +45,025
43 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 543,503543.5k $13.5m $13.5m 0.11% Added +27.5k +27,506
44 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 502,911502.9k $12.5m $12.5m 0.01% Reduced -3.2k -3,197
45 Garde Capital, Inc. 0.93% of their portfolio SEATTLE, WA 492,470492.5k $12.2m $12.2m 0.93% Added +132.4k +132,430
46 LAKE STREET ADVISORS GROUP, LLC 0.60% of their portfolio PORTSMOUTH, NH 483,471483.5k $12.0m $12.0m 0.60% Reduced -79.3k -79,282
47 Alliance Wealth Management Group 3.74% of their portfolio FLEMINGTON, NJ 482,926482.9k $12.0m $12.0m 3.74% First filing
48 Towercrest Capital Management 2.14% of their portfolio NEWTOWN, PA 482,926482.9k $12.0m $12.0m 2.14% Reduced -3.9k -3,860
49 Prime Capital Investment Advisors, LLC 0.18% of their portfolio OVERLAND PARK, KS 478,012478.0k $11.8m $11.8m 0.18% Added +13.6k +13,617
50 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 4.81% of their portfolio EAGLE, ID 459,438459.4k $11.4m $11.4m 4.81% Added +11.0k +11,010
51 Hamilton Capital, LLC 0.91% of their portfolio COLUMBUS, OH 457,617457.6k $11.3m $11.3m 0.91% Added +6.2k +6,221
52 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 448,567448.6k $11.1m $11.1m 0.02% Reduced -356.5k -356,539
53 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.37% of their portfolio Seattle, WA 440,637440.6k $10.9m $10.9m 0.37% Added +74.5k +74,452
54 Pathstone Holdings, LLC 0.06% of their portfolio ENGLEWOOD, NJ 434,718434.7k $10.8m $10.8m 0.06% First filing
55 WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 2.58% of their portfolio GLASTONBURY, CT 431,656431.7k $10.7m $10.7m 2.58% Added +25.9k +25,918
56 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 431,292431.3k $10.7m $10.7m 0.00% Added +398.4k +398,389
57 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 403,267403.3k $10.0m $10.0m 0.01% Reduced -31.5k -31,466
58 NORTH STAR ASSET MANAGEMENT INC 0.50% of their portfolio NEENAH, WI 398,485398.5k $9.9m $9.9m 0.50% Reduced -41.8k -41,787
59 Red Tortoise LLC 5.40% of their portfolio ATLANTA, GA 385,317385.3k $9.6m $9.6m 5.40% Reduced -17.7k -17,715
60 Visionary Wealth Advisors 0.69% of their portfolio O'FALLON, IL 376,807376.8k $9.3m $9.3m 0.69% Reduced -10.4k -10,383
61 RKL Wealth Management LLC 1.00% of their portfolio LANCASTER, PA 371,555371.6k $9.2m $9.2m 1.00% Reduced -2.9k -2,874
62 CABOT WEALTH MANAGEMENT INC 1.27% of their portfolio BEVERLY, MA 369,688369.7k $9.2m $9.2m 1.27% Added +15.0k +14,953
63 Charles Schwab Trust Co 0.90% of their portfolio HENDERSON, NV 368,594368.6k $9.1m $9.1m 0.90% Added +36.0k +36,005
64 VALLEY NATIONAL ADVISERS INC 1.44% of their portfolio BETHLEHEM, PA 364,895364.9k $9.0m $9.0m 1.44% Reduced -2.8k -2,831
65 Steele Capital Management, Inc. 0.58% of their portfolio DUBUQUE, IA 362,277362.3k $9.0m $9.0m 0.58% First filing
66 Boyd Wealth Management, LLC 5.57% of their portfolio SACRAMENTO, CA 361,514361.5k $9.0m $9.0m 5.57% Added +250.0k +250,039
67 Fund Evaluation Group, LLC 0.64% of their portfolio CINCINNATI, OH 354,931354.9k $8.8m $8.8m 0.64% Added +117.0k +117,014
68 Apriem Advisors 1.16% of their portfolio IRVINE, CA 350,238350.2k $8.7m $8.7m 1.16% Reduced -11.7k -11,723
69 NAPLES GLOBAL ADVISORS, LLC 0.95% of their portfolio NAPLES, FL 347,545347.5k $8.6m $8.6m 0.95% Added +3.6k +3,644
70 FFT WEALTH MANAGEMENT LLC 0.71% of their portfolio PHILADELPHIA, PA 332,765332.8k $8.2m $8.2m 0.71% Added +21.1k +21,114
71 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 331,214331.2k $8.2m $8.2m 0.02% Added +25.0k +25,028
72 ADAMSBROWN WEALTH CONSULTANTS LLC 3.53% of their portfolio WICHITA, KS 327,593327.6k $8.1m $8.1m 3.53% Added +35.0k +35,006
73 SigFig Wealth Management, LLC 0.24% of their portfolio SAN FRANCISCO, CA 322,121322.1k $6.3m $6.3m 0.24% Added +63.4k +63,446
74 CX Institutional 0.42% of their portfolio AUBURN, IN 317,099317.1k $7.9m $7.9m 0.42% Added +147.1k +147,079
75 ARKANSAS FINANCIAL GROUP, INC. 1.37% of their portfolio LITTLE ROCK, AR 299,860299.9k $7.4m $7.4m 1.37% Reduced -14.0k -14,023
76 Marotta Asset Management 1.59% of their portfolio CHARLOTTESVILLE, VA 298,799298.8k $7.4m $7.4m 1.59% Reduced -25.2k -25,247
77 Brand Asset Management Group, Inc. 3.36% of their portfolio CHESTERFIELD, MO 296,806296.8k $7.4m $7.4m 3.36% Added +13.1k +13,065
78 Seneca Financial Advisors LLC 4.24% of their portfolio ROCHESTER, NY 294,731294.7k $7.3m $7.3m 4.24% Added +32.2k +32,247
79 Callan Capital, LLC 0.67% of their portfolio LA JOLLA, CA 285,336285.3k $7.1m $7.1m 0.67% Added +69.8k +69,848
80 Wedmont Private Capital 0.57% of their portfolio WEST CHESTER, PA 284,574284.6k $7.0m $7.0m 0.57% Added +90.7k +90,703
81 MorganRosel Wealth Management, LLC 2.73% of their portfolio HIGHLANDS RANCH, CO 284,330284.3k $7.0m $7.0m 2.73% Reduced -11.6k -11,580
82 Composition Wealth, LLC 0.18% of their portfolio LOS ANGELES, CA 267,043267.0k $6.6m $6.6m 0.18% Reduced -805.5k -805,474
83 Destination Wealth Management 0.23% of their portfolio Walnut Creek, CA 264,771264.8k $6.6m $6.6m 0.23% Added +125.7k +125,718
84 Rainsberger Wealth Advisors, Inc. 3.57% of their portfolio Colorado Springs, CO 263,826263.8k $6.5m $6.5m 3.57% Reduced -30.1k -30,074
85 Strid Group, LLC 1.31% of their portfolio NEWTOWN SQUARE, PA 261,727261.7k $6.5m $6.5m 1.31% Reduced -11.4k -11,389
86 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 258,287258.3k $6.4m $6.4m 0.02% Reduced -48.7k -48,721
87 Holistic Financial Partners 3.79% of their portfolio INDIANAPOLIS, IN 253,883253.9k $6.3m $6.3m 3.79% Reduced -4.6k -4,551
88 OLIO Financial Planning 2.58% of their portfolio MCLEAN, VA 249,131249.1k $6.2m $6.2m 2.58% Added +7.7k +7,745
89 Consilium Wealth Advisory, LLC 3.70% of their portfolio FRISCO, TX 248,462248.5k $6.2m $6.2m 3.70% Reduced -8.7k -8,735
90 Boltwood Capital Management 2.02% of their portfolio WALNUT CREEK, CA 245,455245.5k $6.1m $6.1m 2.02% Added +13.2k +13,170
91 Geneos Wealth Management Inc. 0.30% of their portfolio ENGLEWOOD, CO 242,486242.5k $6.0m $6.0m 0.30% Added +7.8k +7,794
92 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 241,767241.8k $6.0m $6.0m 0.00% Added +209.4k +209,420
93 Buckingham Capital Management, Inc. 0.80% of their portfolio DAYTON, OH 241,685241.7k $6.0m $6.0m 0.80% Added +14.1k +14,113
94 Bluespring Wealth Management, LLC 0.71% of their portfolio AUSTIN, TX 241,516241.5k $6.0m $6.0m 0.71% Reduced -7.3k -7,317
95 HC Advisors, LLC 3.35% of their portfolio SANDY SPRINGS, GA 241,464241.5k $6.0m $6.0m 3.35% Reduced -13.9k -13,942
96 Sequoia Financial Advisors, LLC 0.07% of their portfolio Akron, OH 237,863237.9k $5.9m $5.9m 0.07% Reduced -705 -705
97 BALLAST ADVISORS LLC 2.19% of their portfolio WOODBURY, MN 236,689236.7k $5.9m $5.9m 2.19% Added +3.6k +3,596
98 Ackerman Capital Advisors, LLC 1.64% of their portfolio DALLAS, TX 235,836235.8k $5.8m $5.8m 1.64% Reduced -11.3k -11,333
99 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 235,751235.8k $5.8m $5.8m 0.01% Reduced -982.9k -982,919
100 Rockbridge Investment Management, LCC 0.87% of their portfolio Syracuse, NY 230,193230.2k $5.7m $5.7m 0.87% Reduced -4.6k -4,551