Vault-13

SCHWAB STRATEGIC TR SCHE

EMRG MKTEQ ETF · ETP · CUSIP 808524706

773 institutional holders +10 vs Q1 2025
144,902,050144.9m shares reported held*
$4.4bnreported value*
53 new 290 added 309 reduced 47 sold out net bought ≈ $44.3m (+1.4m 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.11. Options: 4 managers hold calls ($840.9k notional), 0 hold puts (—).

Trends to Q2 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: 763Q2 25: 773773Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025773

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 266 bought or addedQ3 23: 362 cut or sold outQ4 23: 316 bought or addedQ4 23: 339 cut or sold outQ4 23Q1 24: 278 bought or addedQ1 24: 395 cut or sold outQ2 24: 263 bought or addedQ2 24: 371 cut or sold outQ2 24Q3 24: 305 bought or addedQ3 24: 346 cut or sold outQ4 24: 357 bought or addedQ4 24: 309 cut or sold outQ4 24Q1 25: 323 bought or addedQ1 25: 373 cut or sold outQ2 25: 343 bought or addedQ2 25: 356 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023266362
Q4 2023316339
Q1 2024278395
Q2 2024263371
Q3 2024305346
Q4 2024357309
Q1 2025323373
Q2 2025343356

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ3 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 0.01Q2 25 calls: $840.9kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$817.0k$5.8k0.01
Q4 2024$641.8k$8.0k0.01
Q1 2025$846.4k$8.3k0.01
Q2 2025$840.9k$00.00

Biggest buyers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +1,715,694+1.7m
Sanctuary Advisors, LLC Added +471,139+471.1k
JPMORGAN CHASE & CO Added +425,331+425.3k
AlphaCore Capital LLC Added +328,809+328.8k
IHT Wealth Management, LLC Added +303,997+304.0k
HighTower Advisors, LLC Added +286,430+286.4k
GOLDMAN SACHS GROUP INC Added +278,709+278.7k
DRW Securities, LLC Added +223,197+223.2k
AMERIPRISE FINANCIAL INC Added +221,501+221.5k
HBK Sorce Advisory LLC Added +217,522+217.5k

Biggest sellers

Corient Private Wealth LP Reduced -835,501-835.5k
Clearwater Capital Advisors, LLC Reduced -683,701-683.7k
Financial Engines Advisors L.L.C. Reduced -552,145-552.1k
Creative Planning Reduced -551,684-551.7k
OLD MISSION CAPITAL LLC Reduced -360,552-360.6k
Prime Capital Investment Advisors, LLC Reduced -333,756-333.8k
FLOW TRADERS U.S. LLC Sold out -326,578-326.6k
Geneos Wealth Management Inc. Reduced -251,170-251.2k
US BANCORP \DE\ Reduced -208,046-208.0k
Sequoia Financial Advisors, LLC Reduced -128,433-128.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $482.2k16.0k shares
CITADEL ADVISORS LLC Reduced $352.6k11.7k shares
GROUP ONE TRADING LLC Reduced $6.0k200 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

None

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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 0.50% of their portfolio OVERLAND PARK, KS 19,526,61819.5m $588.5m $588.5m 0.50% Reduced -551.7k -551,684
2 Financial Engines Advisors L.L.C. 1.06% of their portfolio SANTA CLARA, CA 17,603,68217.6m $530.6m $530.6m 1.06% Reduced -552.1k -552,145
3 HighTower Advisors, LLC 0.38% of their portfolio CHICAGO, IL 10,141,47910.1m $305.7m $305.7m 0.38% Added +286.4k +286,430
4 SageView Advisory Group, LLC 4.39% of their portfolio Newport Beach, CA 3,764,2963.8m $116.1m $116.1m 4.39% Added +178.2k +178,191
5 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 3,693,4793.7m $111.3m $111.3m 0.08% Added +1.7m +1,715,694
6 US BANCORP \DE\ 0.13% of their portfolio MINNEAPOLIS, MN 3,445,7573.4m $103.9m $103.9m 0.13% Reduced -208.0k -208,046
7 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 2,276,3172.3m $68.6m $68.6m 0.02% Reduced -1.3k -1,287
8 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.11% of their portfolio PLYMOUTH, MN 2,256,2572.3m $68.7m $68.7m 0.11% Reduced -61.5k -61,486
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,132,1152.1m $64.3m $64.3m 0.00% Added +128.3k +128,274
10 MATHER GROUP, LLC. 0.68% of their portfolio CHICAGO, IL 2,114,8622.1m $63.7m $63.7m 0.68% Added +1.1k +1,074
11 REBALANCE, LLC 4.09% of their portfolio PALO ALTO, CA 1,996,5022.0m $60.2m $60.2m 4.09% Reduced -125.5k -125,546
12 Orgel Wealth Management, LLC 1.42% of their portfolio ALTOONA, WI 1,950,6732.0m $58.8m $58.8m 1.42% Added +80.9k +80,949
13 Wealthspire Advisors, LLC 0.32% of their portfolio NEW YORK, NY 1,908,5701.9m $57.5m $57.5m 0.32% Added +17.3k +17,274
14 MONETA GROUP INVESTMENT ADVISORS LLC 0.63% of their portfolio ST LOUIS, MO 1,768,5501.8m $53.3m $53.3m 0.63% Added +75.9k +75,914
15 FMR LLC 0.00% of their portfolio BOSTON, MA 1,633,2621.6m $49.2m $49.2m 0.00% Added +40.7k +40,689
16 MERCER GLOBAL ADVISORS INC /ADV 0.11% of their portfolio DENVER, CO 1,628,2821.6m $49.1m $49.1m 0.11% Reduced -112.2k -112,172
17 Heartwood Wealth Advisors LLC 4.82% of their portfolio RICHMOND, VA 1,530,6311.5m $46.1m $46.1m 4.82% Added +6.7k +6,722
18 Sanctuary Advisors, LLC 0.27% of their portfolio INDIANAPOLIS, IN 1,464,2861.5m $44.1m $44.1m 0.27% Added +471.1k +471,139
19 Krilogy Financial LLC 2.48% of their portfolio ST. LOUIS, MO 1,436,4881.4m $43.3m $43.3m 2.48% Added +32.6k +32,625
20 Mariner, LLC 0.06% of their portfolio Overland Park, KS 1,407,1611.4m $42.4m $42.4m 0.06% Reduced -3.0k -2,975
21 HBK Sorce Advisory LLC 1.10% of their portfolio ERIE, PA 1,352,4141.4m $40.8m $40.8m 1.10% Added +217.5k +217,522
22 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,325,7801.3m $40.0m $40.0m 0.01% Reduced -13.9k -13,869
23 COOPER/HAIMS ADVISORS, LLC 18.82% of their portfolio VICTOR, NY 1,267,6301.3m $38.2m $38.2m 18.82% Added +26.3k +26,312
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,257,6881.3m $37.9m $37.9m 0.00% Added +425.3k +425,331
25 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 1,209,8211.2m $36.5m $36.5m 0.03% Added +25.8k +25,791
26 BlueSky Wealth Advisors, LLC 5.15% of their portfolio New Bern, NC 1,177,1261.2m $35.5m $35.5m 5.15% Added +41.3k +41,329
27 JMG Financial Group, Ltd. 0.97% of their portfolio DOWNERS GROVE, IL 1,058,2721.1m $31.9m $31.9m 0.97% Added +129.7k +129,738
28 RAINEY & RANDALL WEALTH ADVISORS INC. 5.77% of their portfolio Celebration, FL 1,045,3191.0m $31.5m $31.5m 5.77% Reduced -5.8k -5,761
29 McAdam, LLC 1.68% of their portfolio Philadelphia, PA 1,018,9401.0m $30.7m $30.7m 1.68% Reduced -77.4k -77,438
30 Fund Evaluation Group, LLC 1.07% of their portfolio CINCINNATI, OH 918,885918.9k $27.7m $27.7m 1.07% Reduced -12.5k -12,525
31 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 838,237838.2k $25.3m $25.3m 0.05% Reduced -35.6k -35,644
32 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 777,501777.5k $23.4m $23.4m 0.04% Added +26.9k +26,894
33 SCS Capital Management LLC 0.25% of their portfolio BOSTON, MA 749,377749.4k $22.6m $22.6m 0.25% Added +15.5k +15,523
34 Pathstone Holdings, LLC 0.05% of their portfolio ENGLEWOOD, NJ 732,846732.8k $13.4m $13.4m 0.05% Reduced -6.1k -6,072
35 Ballentine Partners, LLC 0.32% of their portfolio Waltham, MA 709,215709.2k $21.4m $21.4m 0.32% Added +402 +402
36 BENJAMIN EDWARDS INC 0.27% of their portfolio Clayton, MO 704,543704.5k $21.2m $21.2m 0.27% Added +31.5k +31,477
37 UBS Group AG 0.00% of their portfolio ZURICH, V8 687,642687.6k $20.7m $20.7m 0.00% Added +6.9k +6,925
38 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.45% of their portfolio Seattle, WA 662,657662.7k $20.0m $20.0m 0.45% Added +9.1k +9,103
39 Charles Schwab Trust Co 1.38% of their portfolio HENDERSON, NV 610,498610.5k $18.4m $18.4m 1.38% Reduced -1.5k -1,485
40 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 4.72% of their portfolio EAGLE, ID 583,127583.1k $17.6m $17.6m 4.72% Added +27.2k +27,154
41 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 531,665531.7k $16.0m $16.0m 0.03% Reduced -11.9k -11,928
42 Alliance Wealth Management Group 4.00% of their portfolio FLEMINGTON, NJ 521,628521.6k $15.7m $15.7m 4.00% Reduced -11.5k -11,453
43 Towercrest Capital Management 2.81% of their portfolio NEWTOWN, PA 521,628521.6k $15.7m $15.7m 2.81% Reduced -11.5k -11,453
44 PURE PORTFOLIOS HOLDINGS LLC 5.05% of their portfolio LAKE OSWEGO, OR 494,578494.6k $14.9m $14.9m 5.05% Added +5.8k +5,794
45 Waverly Advisors, LLC 0.16% of their portfolio BIRMINGHAM, AL 488,200488.2k $14.7m $14.7m 0.16% Added +1.4k +1,363
46 KLINGENSTEIN FIELDS & CO LP 0.55% of their portfolio NEW YORK, NY 465,078465.1k $14.0m $14.0m 0.55% Reduced -25.4k -25,416
47 WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 2.53% of their portfolio GLASTONBURY, CT 453,615453.6k $13.7m $13.7m 2.53% Reduced -5.2k -5,250
48 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 440,159440.2k $13.3m $13.3m 0.03% Added +26.2k +26,212
49 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 439,210439.2k $13.2m $13.2m 0.00% Reduced -55.6k -55,643
50 NAPLES GLOBAL ADVISORS, LLC 1.13% of their portfolio NAPLES, FL 437,596437.6k $13.2m $13.2m 1.13% Added +19.3k +19,324
51 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 432,000432.0k $13.0m $13.0m 0.02% Added +83.6k +83,560
52 TruNorth Capital Management, LLC 2.78% of their portfolio KALAMAZOO, MI 415,568415.6k $12.5m $12.5m 2.78% Added +70.2k +70,240
53 ADAMSBROWN WEALTH CONSULTANTS LLC 3.58% of their portfolio WICHITA, KS 409,084409.1k $12.3m $12.3m 3.58% Reduced -19.9k -19,927
54 SigFig Wealth Management, LLC 0.38% of their portfolio SAN FRANCISCO, CA 379,446379.4k $11.4m $11.4m 0.38% Reduced -10.3k -10,258
55 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 372,272372.3k $11.2m $11.2m 0.00% Added +221.5k +221,501
56 Prime Capital Investment Advisors, LLC 0.14% of their portfolio OVERLAND PARK, KS 348,518348.5k $10.5m $10.5m 0.14% Reduced -333.8k -333,756
57 HANTZ FINANCIAL SERVICES, INC. 0.17% of their portfolio SOUTHFIELD, MI 341,231341.2k $10.3m $10.3m 0.17% Added +349 +349
58 CABOT WEALTH MANAGEMENT INC 1.22% of their portfolio BEVERLY, MA 339,787339.8k $10.2m $10.2m 1.22% Added +84.6k +84,636
59 HC Advisors, LLC 7.17% of their portfolio SANDY SPRINGS, GA 336,801336.8k $10.2m $10.2m 7.17% Reduced -5.0k -5,019
60 Steele Capital Management, Inc. 0.49% of their portfolio DUBUQUE, IA 336,523336.5k $10.1m $10.1m 0.49% Reduced -2.1k -2,121
61 Cresset Asset Management, LLC 0.05% of their portfolio Chicago, IL 332,823332.8k $10.0m $10.0m 0.05% Reduced -12.5k -12,542
62 AlphaCore Capital LLC 0.38% of their portfolio LA JOLLA, CA 329,269329.3k $9.9m $9.9m 0.38% Added +328.8k +328,809
63 IHT Wealth Management, LLC 0.27% of their portfolio Chicago, IL 324,196324.2k $9.8m $9.8m 0.27% Added +304.0k +303,997
64 NORTH STAR ASSET MANAGEMENT INC 0.41% of their portfolio NEENAH, WI 321,806321.8k $9.7m $9.7m 0.41% Reduced -6.6k -6,636
65 MorganRosel Wealth Management, LLC 2.62% of their portfolio HIGHLANDS RANCH, CO 317,991318.0k $9.6m $9.6m 2.62% Added +2.0k +2,030
66 Red Tortoise LLC 4.44% of their portfolio ATLANTA, GA 302,081302.1k $9.1m $9.1m 4.44% Reduced -22.1k -22,111
67 Seneca Financial Advisors LLC 3.48% of their portfolio ROCHESTER, NY 299,987300.0k $9.0m $9.0m 3.48% Reduced -1.8k -1,818
68 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 297,760297.8k $9.0m $9.0m 0.00% Added +278.7k +278,709
69 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 297,716297.7k $9.0m $9.0m 0.03% Added +984 +984
70 Brand Asset Management Group, Inc. 3.27% of their portfolio CHESTERFIELD, MO 290,844290.8k $8.8m $8.8m 3.27% Reduced -27.6k -27,615
71 Garde Capital, Inc. 0.47% of their portfolio SEATTLE, WA 289,932289.9k $8.7m $8.7m 0.47% Reduced -6.6k -6,604
72 DRW Securities, LLC 0.61% of their portfolio CHICAGO, IL 288,851288.9k $8.7m $8.7m 0.61% Added +223.2k +223,197
73 ZACKS INVESTMENT MANAGEMENT 0.07% of their portfolio Chicago, IL 287,840287.8k $8.7m $8.7m 0.07% Reduced -14.2k -14,237
74 Main Street Financial Solutions, LLC 0.63% of their portfolio NEWTOWN, PA 285,937285.9k $8.6m $8.6m 0.63% Added +6.9k +6,902
75 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 282,594282.6k $8.5m $8.5m 0.00% Added +139.4k +139,379
76 Wedmont Private Capital 0.36% of their portfolio WEST CHESTER, PA 281,835281.8k $8.5m $8.5m 0.36% Added +4.3k +4,317
77 SIERRA OCEAN, LLC 6.10% of their portfolio RIPON, CA 280,849280.8k $8.5m $8.5m 6.10% Added +8.0k +8,028
78 Apriem Advisors 0.87% of their portfolio IRVINE, CA 272,974273.0k $8.2m $8.2m 0.87% Reduced -23.2k -23,208
79 BALLAST ADVISORS LLC 2.42% of their portfolio WOODBURY, MN 272,280272.3k $8.2m $8.2m 2.42% Reduced -2.5k -2,495
80 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 262,346262.3k $7.9m $7.9m 0.02% Reduced -18.5k -18,485
81 Gemmer Asset Management LLC 0.69% of their portfolio WALNUT CREEK, CA 257,789257.8k $7.8m $7.8m 0.69% Added +24.3k +24,291
82 Invst, LLC 0.97% of their portfolio INDIANAPOLIS, IN 257,561257.6k $7.8m $7.8m 0.97% Added +6.3k +6,311
83 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 251,611251.6k $7.6m $7.6m 0.00% Added +14.0k +13,975
84 Visionary Wealth Advisors 0.39% of their portfolio O'FALLON, IL 250,922250.9k $7.6m $7.6m 0.39% Reduced -64.4k -64,364
85 Atria Investments, Inc 0.09% of their portfolio Charlotte, NC 247,722247.7k $7.5m $7.5m 0.09% Added +25.1k +25,091
86 Geneos Wealth Management Inc. 0.18% of their portfolio ENGLEWOOD, CO 245,601245.6k $7.4m $7.4m 0.18% Reduced -251.2k -251,170
87 Boltwood Capital Management 2.06% of their portfolio WALNUT CREEK, CA 240,631240.6k $7.3m $7.3m 2.06% Added +672 +672
88 Freedom Investment Management, Inc. 0.57% of their portfolio SOUTH WINDSOR, CT 236,490236.5k $7.1m $7.1m 0.57% Reduced -1.8k -1,773
89 Courage Miller Partners, LLC 2.17% of their portfolio NORFOLK, VA 227,292227.3k $6.9m $6.9m 2.17% Added +5.0k +4,999
90 Nicholas Hoffman & Company, LLC. 0.18% of their portfolio ATLANTA, GA 227,256227.3k $6.8m $6.8m 0.18% Added +15.8k +15,775
91 St. Louis Trust Co 0.91% of their portfolio SAINT LOUIS, MO 226,568226.6k $6.8m $6.8m 0.91% Added +6.6k +6,568
92 Sherwood Financial Partners, LLC 6.25% of their portfolio WESTLAKE VILLAGE, CA 226,464226.5k $6.8m $6.8m 6.25% Reduced -8.3k -8,251
93 Ackerman Capital Advisors, LLC 1.58% of their portfolio DALLAS, TX 225,814225.8k $6.8m $6.8m 1.58% Reduced -1.4k -1,387
94 Boyd Wealth Management, LLC 2.90% of their portfolio SACRAMENTO, CA 222,524222.5k $6.7m $6.7m 2.90% Added +7.1k +7,134
95 ARKANSAS FINANCIAL GROUP, INC. 1.01% of their portfolio LITTLE ROCK, AR 215,636215.6k $6.5m $6.5m 1.01% Reduced -2.4k -2,386
96 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 213,009213.0k $6.4m $6.4m 0.00% Added +11.5k +11,524
97 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 202,696202.7k $6.1m $6.1m 0.01% Reduced -4.6k -4,569
98 Guardian Financial Partners, LLC 2.72% of their portfolio ORANGE, CA 201,254201.3k $6.1m $6.1m 2.72% Added +4.7k +4,707
99 Cornerstone Wealth Advisors, Inc. 1.55% of their portfolio EDINA, MN 199,511199.5k $6.0m $6.0m 1.55% Reduced -5.0k -4,955
100 Strid Group, LLC 0.83% of their portfolio NEWTOWN SQUARE, PA 196,633196.6k $5.9m $5.9m 0.83% Reduced -8.1k -8,140