Vault-13

SCHWAB STRATEGIC TR SCHE

EMRG MKTEQ ETF · ETP · CUSIP 808524706

763 institutional holders +3 vs Q4 2024
145,812,995145.8m shares reported held*
$4.0bnreported value*
66 new 257 added 316 reduced 57 sold out net bought ≈ $139.9m (+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 ($1.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.53. Options: 4 managers hold calls ($846.4k notional), 1 hold puts ($8.3k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 680Q4 22: 712Q1 23: 698Q2 23: 707Q3 23: 677Q4 23: 737Q1 24: 726Q2 24: 723Q3 24: 727Q4 24: 760Q1 25: 763763Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022680
Q4 2022712
Q1 2023698
Q2 2023707
Q3 2023677
Q4 2023737
Q1 2024726
Q2 2024723
Q3 2024727
Q4 2024760
Q1 2025763

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 326 bought or addedQ2 23: 314 cut or sold outQ3 23: 266 bought or addedQ3 23: 362 cut or sold outQ3 23Q4 23: 316 bought or addedQ4 23: 339 cut or sold outQ1 24: 278 bought or addedQ1 24: 395 cut or sold outQ1 24Q2 24: 263 bought or addedQ2 24: 371 cut or sold outQ3 24: 305 bought or addedQ3 24: 346 cut or sold outQ3 24Q4 24: 357 bought or addedQ4 24: 309 cut or sold outQ1 25: 323 bought or addedQ1 25: 373 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023326314
Q3 2023266362
Q4 2023316339
Q1 2024278395
Q2 2024263371
Q3 2024305346
Q4 2024357309
Q1 2025323373

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ2 24 calls: $361.2kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $817.0kQ3 24 puts: $5.8kQ3 24P/C 0.01Q4 24 calls: $641.8kQ4 24 puts: $8.0kQ4 24P/C 0.01Q1 25 calls: $846.4kQ1 25 puts: $8.3kQ1 25P/C 0.01
Numbers
QuarterCallsPutsP/C
Q2 2024$361.2k$00.00
Q3 2024$817.0k$5.8k0.01
Q4 2024$641.8k$8.0k0.01
Q1 2025$846.4k$8.3k0.01

Biggest buyers

US BANCORP \DE\ Added +2,765,078+2.8m
HighTower Advisors, LLC Added +1,487,984+1.5m
Wealthspire Advisors, LLC Added +952,161+952.2k
Fund Evaluation Group, LLC Added +431,461+431.5k
HBK Sorce Advisory LLC Added +414,342+414.3k
Pathstone Holdings, LLC Added +367,964+368.0k
JPMORGAN CHASE & CO Added +323,265+323.3k
Prime Capital Investment Advisors, LLC Added +310,852+310.9k
Waverly Advisors, LLC Added +305,545+305.5k
Sanctuary Advisors, LLC Added +291,349+291.3k

Biggest sellers

JANE STREET GROUP, LLC Reduced -679,435-679.4k
Financial Engines Advisors L.L.C. Reduced -539,058-539.1k
OLD MISSION CAPITAL LLC Reduced -405,158-405.2k
Tidal Investments LLC Sold out -400,000-400.0k
Creative Planning Reduced -355,498-355.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -316,755-316.8k
Focus Partners Wealth Reduced -274,426-274.4k
Boyd Wealth Management, LLC Reduced -251,322-251.3k
Invst, LLC Reduced -216,988-217.0k
BANK OF AMERICA CORP /DE/ Reduced -190,423-190.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $504.5k18.3k shares
CITADEL ADVISORS LLC Added $333.6k12.1k shares
GROUP ONE TRADING LLC New $8.3k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Unchanged $8.3k300 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 0.52% of their portfolio OVERLAND PARK, KS 20,078,30220.1m $553.6m $553.6m 0.52% Reduced -355.5k -355,498
2 Financial Engines Advisors L.L.C. 1.07% of their portfolio SANTA CLARA, CA 18,155,82718.2m $500.6m $500.6m 1.07% Reduced -539.1k -539,058
3 HighTower Advisors, LLC 0.37% of their portfolio CHICAGO, IL 9,855,0499.9m $271.7m $271.7m 0.37% Added +1.5m +1,487,984
4 US BANCORP \DE\ 0.13% of their portfolio MINNEAPOLIS, MN 3,653,8033.7m $100.7m $100.7m 0.13% Added +2.8m +2,765,078
5 SageView Advisory Group, LLC 4.22% of their portfolio Newport Beach, CA 3,586,1053.6m $98.9m $98.9m 4.22% Added +108.3k +108,331
6 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 2,317,7432.3m $63.9m $63.9m 0.12% Reduced -25.5k -25,490
7 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 2,277,6042.3m $62.8m $62.8m 0.02% Reduced -54.7k -54,737
8 REBALANCE, LLC 4.31% of their portfolio PALO ALTO, CA 2,122,0482.1m $58.5m $58.5m 4.31% Added +8.2k +8,151
9 MATHER GROUP, LLC. 0.67% of their portfolio CHICAGO, IL 2,113,7882.1m $58.3m $58.3m 0.67% Added +112.5k +112,472
10 Rakuten Investment Management, Inc. 0.25% of their portfolio TOKYO, M0 2,013,9032.0m $55.6m $55.6m 0.25% First filing
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,003,8412.0m $55.2m $55.2m 0.00% Added +53.3k +53,332
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 1,977,7852.0m $54.5m $54.5m 0.04% Added +22.2k +22,228
13 Wealthspire Advisors, LLC 0.31% of their portfolio NEW YORK, NY 1,891,2961.9m $52.1m $52.1m 0.31% Added +952.2k +952,161
14 Orgel Wealth Management, LLC 1.34% of their portfolio ALTOONA, WI 1,869,7241.9m $51.5m $51.5m 1.34% Added +79.9k +79,855
15 MERCER GLOBAL ADVISORS INC /ADV 0.11% of their portfolio DENVER, CO 1,740,4541.7m $48.0m $48.0m 0.11% Reduced -123.4k -123,385
16 MONETA GROUP INVESTMENT ADVISORS LLC 0.64% of their portfolio ST LOUIS, MO 1,692,6361.7m $46.7m $46.7m 0.64% Added +111.0k +110,954
17 FMR LLC 0.00% of their portfolio BOSTON, MA 1,592,5731.6m $43.9m $43.9m 0.00% Reduced -531 -531
18 Heartwood Wealth Advisors LLC 4.80% of their portfolio RICHMOND, VA 1,523,9091.5m $42.0m $42.0m 4.80% Added +9.3k +9,289
19 Mariner, LLC 0.06% of their portfolio Overland Park, KS 1,410,1361.4m $38.9m $38.9m 0.06% Reduced -103.8k -103,774
20 Krilogy Financial LLC 2.51% of their portfolio ST. LOUIS, MO 1,403,8631.4m $38.7m $38.7m 2.51% Added +93.7k +93,672
21 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,339,6491.3m $36.9m $36.9m 0.01% Added +82.1k +82,076
22 COOPER/HAIMS ADVISORS, LLC 18.55% of their portfolio VICTOR, NY 1,241,3181.2m $34.2m $34.2m 18.55% Added +19.3k +19,305
23 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 1,184,0301.2m $32.7m $32.7m 0.03% Added +27.3k +27,298
24 BlueSky Wealth Advisors, LLC 4.85% of their portfolio New Bern, NC 1,135,7971.1m $31.3m $31.3m 4.85% Added +13.3k +13,269
25 HBK Sorce Advisory LLC 0.92% of their portfolio ERIE, PA 1,134,8921.1m $31.3m $31.3m 0.92% Added +414.3k +414,342
26 McAdam, LLC 1.87% of their portfolio Philadelphia, PA 1,096,3781.1m $30.2m $30.2m 1.87% Reduced -121.3k -121,253
27 RAINEY & RANDALL WEALTH ADVISORS INC. 5.67% of their portfolio Celebration, FL 1,051,0801.1m $29.0m $29.0m 5.67% Added +13.0k +12,995
28 Sanctuary Advisors, LLC 0.19% of their portfolio INDIANAPOLIS, IN 993,147993.1k $27.4m $27.4m 0.19% Added +291.3k +291,349
29 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 952,063952.1k $26.2m $26.2m 0.04% Added +50.7k +50,746
30 Fund Evaluation Group, LLC 1.11% of their portfolio CINCINNATI, OH 931,410931.4k $25.7m $25.7m 1.11% Added +431.5k +431,461
31 JMG Financial Group, Ltd. 0.86% of their portfolio DOWNERS GROVE, IL 928,534928.5k $25.6m $25.6m 0.86% Reduced -23.6k -23,567
32 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 873,881873.9k $24.1m $24.1m 0.05% Added +4.9k +4,917
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 832,357832.4k $22.9m $22.9m 0.00% Added +323.3k +323,265
34 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 750,607750.6k $20.7m $20.7m 0.04% Added +87.2k +87,202
35 Pathstone Holdings, LLC 0.09% of their portfolio ENGLEWOOD, NJ 738,918738.9k $20.4m $20.4m 0.09% Added +368.0k +367,964
36 SCS Capital Management LLC 0.26% of their portfolio BOSTON, MA 733,854733.9k $20.2m $20.2m 0.26% Added +128.0k +127,962
37 Clearwater Capital Advisors, LLC 1.90% of their portfolio HOFFMAN ESTATES, IL 712,448712.4k $19.6m $19.6m 1.90% Added +19.2k +19,234
38 Ballentine Partners, LLC 0.34% of their portfolio Waltham, MA 708,813708.8k $19.5m $19.5m 0.34% Reduced -6.6k -6,569
39 Prime Capital Investment Advisors, LLC 0.22% of their portfolio OVERLAND PARK, KS 682,274682.3k $18.8m $18.8m 0.22% Added +310.9k +310,852
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 680,717680.7k $18.8m $18.8m 0.00% Reduced -3.5k -3,483
41 BENJAMIN EDWARDS INC 0.26% of their portfolio Clayton, MO 673,066673.1k $18.6m $18.6m 0.26% Reduced -123.8k -123,821
42 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.46% of their portfolio Seattle, WA 653,554653.6k $18.0m $18.0m 0.46% Added +65.1k +65,077
43 Charles Schwab Trust Co 1.41% of their portfolio HENDERSON, NV 611,983612.0k $16.9m $16.9m 1.41% Added +54.1k +54,080
44 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 4.70% of their portfolio EAGLE, ID 555,973556.0k $15.3m $15.3m 4.70% Added +23.5k +23,497
45 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 543,593543.6k $15.0m $15.0m 0.03% Added +118.4k +118,398
46 Alliance Wealth Management Group 3.96% of their portfolio FLEMINGTON, NJ 533,081533.1k $14.7m $14.7m 3.96% Added +31.7k +31,666
47 Towercrest Capital Management 2.79% of their portfolio NEWTOWN, PA 533,081533.1k $14.7m $14.7m 2.79% Added +31.7k +31,666
48 Geneos Wealth Management Inc. 0.20% of their portfolio ENGLEWOOD, CO 496,771496.8k $13.7m $13.7m 0.20% Added +249.7k +249,660
49 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 494,853494.9k $13.6m $13.6m 0.01% Reduced -19.7k -19,723
50 KLINGENSTEIN FIELDS & CO LP 0.57% of their portfolio NEW YORK, NY 490,494490.5k $13.5m $13.5m 0.57% Reduced -7.0k -6,987
51 PURE PORTFOLIOS HOLDINGS LLC 4.95% of their portfolio LAKE OSWEGO, OR 488,784488.8k $13.5m $13.5m 4.95% Added +6.5k +6,503
52 Waverly Advisors, LLC 0.16% of their portfolio BIRMINGHAM, AL 486,837486.8k $13.4m $13.4m 0.16% Added +305.5k +305,545
53 WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 2.59% of their portfolio GLASTONBURY, CT 458,865458.9k $12.7m $12.7m 2.59% Reduced -550 -550
54 ADAMSBROWN WEALTH CONSULTANTS LLC 3.72% of their portfolio WICHITA, KS 429,011429.0k $11.8m $11.8m 3.72% Added +53.6k +53,581
55 NAPLES GLOBAL ADVISORS, LLC 1.10% of their portfolio NAPLES, FL 418,272418.3k $11.5m $11.5m 1.10% Added +16.4k +16,419
56 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 413,947413.9k $11.4m $11.4m 0.03% Reduced -274.4k -274,426
57 SigFig Wealth Management, LLC 0.20% of their portfolio SAN FRANCISCO, CA 389,704389.7k $5.5m $5.5m 0.20% Added +11.4k +11,352
58 OLD MISSION CAPITAL LLC 0.20% of their portfolio CHICAGO, IL 373,431373.4k $10.3m $10.3m 0.20% Reduced -405.2k -405,158
59 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 348,440348.4k $9.6m $9.6m 0.01% Reduced -98.1k -98,149
60 Cresset Asset Management, LLC 0.05% of their portfolio Chicago, IL 345,365345.4k $9.5m $9.5m 0.05% Reduced -80.1k -80,128
61 TruNorth Capital Management, LLC 2.37% of their portfolio KALAMAZOO, MI 345,328345.3k $9.5m $9.5m 2.37% Added +16.6k +16,631
62 HC Advisors, LLC 7.06% of their portfolio SANDY SPRINGS, GA 341,820341.8k $9.4m $9.4m 7.06% Added +16.2k +16,249
63 HANTZ FINANCIAL SERVICES, INC. 0.17% of their portfolio SOUTHFIELD, MI 340,882340.9k $9.4m $9.4m 0.17% Reduced -6.5k -6,463
64 Steele Capital Management, Inc. 0.49% of their portfolio DUBUQUE, IA 338,644338.6k $9.3m $9.3m 0.49% Reduced -1.9k -1,904
65 NORTH STAR ASSET MANAGEMENT INC 0.41% of their portfolio NEENAH, WI 328,442328.4k $9.1m $9.1m 0.41% Reduced -5.3k -5,285
66 FLOW TRADERS U.S. LLC 0.38% of their portfolio NEW YORK, NY 326,578326.6k $9.0m $9.0m 0.38% Added +284.2k +284,222
67 Red Tortoise LLC 4.66% of their portfolio ATLANTA, GA 324,192324.2k $8.9m $8.9m 4.66% Reduced -8.5k -8,525
68 Brand Asset Management Group, Inc. 3.66% of their portfolio CHESTERFIELD, MO 318,459318.5k $8.8m $8.8m 3.66% Added +15.6k +15,574
69 MorganRosel Wealth Management, LLC 2.64% of their portfolio HIGHLANDS RANCH, CO 315,961316.0k $8.7m $8.7m 2.64% Reduced -5.4k -5,432
70 Visionary Wealth Advisors 0.52% of their portfolio O'FALLON, IL 315,286315.3k $8.7m $8.7m 0.52% Reduced -6.7k -6,713
71 ZACKS INVESTMENT MANAGEMENT 0.08% of their portfolio Chicago, IL 302,077302.1k $8.3m $8.3m 0.08% Added +4.1k +4,099
72 Seneca Financial Advisors LLC 4.03% of their portfolio ROCHESTER, NY 301,805301.8k $8.3m $8.3m 4.03% Added +6.0k +5,951
73 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 296,732296.7k $8.2m $8.2m 0.03% Added +7.4k +7,391
74 Garde Capital, Inc. 0.47% of their portfolio SEATTLE, WA 296,536296.5k $8.2m $8.2m 0.47% Reduced -20.7k -20,734
75 Apriem Advisors 0.96% of their portfolio IRVINE, CA 296,182296.2k $8.2m $8.2m 0.96% Reduced -16.5k -16,453
76 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 280,831280.8k $7.7m $7.7m 0.02% Reduced -48.5k -48,468
77 Main Street Financial Solutions, LLC 0.67% of their portfolio NEWTOWN, PA 279,035279.0k $7.7m $7.7m 0.67% Added +23.2k +23,245
78 Callan Capital, LLC 0.57% of their portfolio LA JOLLA, CA 277,822277.8k $7.7m $7.7m 0.57% Reduced -3.2k -3,243
79 Wedmont Private Capital 0.37% of their portfolio WEST CHESTER, PA 277,518277.5k $7.3m $7.3m 0.37% Added +7.2k +7,216
80 BALLAST ADVISORS LLC 2.41% of their portfolio WOODBURY, MN 274,775274.8k $7.6m $7.6m 2.41% Reduced -4.0k -3,976
81 SIERRA OCEAN, LLC 5.94% of their portfolio RIPON, CA 272,821272.8k $7.5m $7.5m 5.94% Added +16.1k +16,136
82 RKL Wealth Management LLC 0.67% of their portfolio LANCASTER, PA 259,626259.6k $7.2m $7.2m 0.67% Reduced -30.6k -30,611
83 CABOT WEALTH MANAGEMENT INC 0.90% of their portfolio BEVERLY, MA 255,151255.2k $7.0m $7.0m 0.90% Reduced -1.7k -1,709
84 Invst, LLC 0.95% of their portfolio INDIANAPOLIS, IN 251,250251.2k $6.9m $6.9m 0.95% Reduced -217.0k -216,988
85 Boltwood Capital Management 2.01% of their portfolio WALNUT CREEK, CA 239,959240.0k $6.6m $6.6m 2.01% Added +1.6k +1,630
86 Freedom Investment Management, Inc. 0.55% of their portfolio SOUTH WINDSOR, CT 238,263238.3k $6.6m $6.6m 0.55% Added +8.0k +7,982
87 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 237,636237.6k $6.6m $6.6m 0.00% Reduced -190.4k -190,423
88 Sherwood Financial Partners, LLC 6.28% of their portfolio WESTLAKE VILLAGE, CA 234,715234.7k $6.5m $6.5m 6.28% Added +2.6k +2,580
89 Gemmer Asset Management LLC 0.64% of their portfolio WALNUT CREEK, CA 233,498233.5k $6.4m $6.4m 0.64% Added +8.6k +8,601
90 Ackerman Capital Advisors, LLC 1.65% of their portfolio DALLAS, TX 227,201227.2k $6.3m $6.3m 1.65% Reduced -567 -567
91 Atria Investments, Inc 0.08% of their portfolio Charlotte, NC 222,631222.6k $6.1m $6.1m 0.08% Added +1.3k +1,253
92 Courage Miller Partners, LLC 2.08% of their portfolio NORFOLK, VA 222,293222.3k $6.1m $6.1m 2.08% Added +3.6k +3,560
93 St. Louis Trust Co 0.88% of their portfolio SAINT LOUIS, MO 220,000220.0k $6.1m $6.1m 0.88% Unchanged
94 ARKANSAS FINANCIAL GROUP, INC. 0.96% of their portfolio LITTLE ROCK, AR 218,022218.0k $5.6m $5.6m 0.96% Reduced -7.0k -7,031
95 Boyd Wealth Management, LLC 2.96% of their portfolio SACRAMENTO, CA 215,390215.4k $5.9m $5.9m 2.96% Reduced -251.3k -251,322
96 Nicholas Hoffman & Company, LLC. 0.22% of their portfolio ATLANTA, GA 211,481211.5k $5.8m $5.8m 0.22% Added +632 +632
97 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 207,265207.3k $5.7m $5.7m 0.01% Reduced -20.2k -20,219
98 Marotta Asset Management 1.18% of their portfolio CHARLOTTESVILLE, VA 206,733206.7k $6.0m $6.0m 1.18% Added +16.7k +16,664
99 Strid Group, LLC 0.88% of their portfolio NEWTOWN SQUARE, PA 204,773204.8k $5.6m $5.6m 0.88% Reduced -145 -145
100 Cornerstone Wealth Advisors, Inc. 1.57% of their portfolio EDINA, MN 204,466204.5k $5.6m $5.6m 1.57% Reduced -3.5k -3,459