Vault-13

SCHWAB STRATEGIC TR SCHE

EMRG MKTEQ ETF · ETP · CUSIP 808524706

786 institutional holders +13 vs Q2 2025
153,169,664153.2m shares reported held*
$5.1bnreported value*
67 new 265 added 302 reduced 43 sold out net bought ≈ $238.6m (+6.9m 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 ($3.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $33.34. Options: 2 managers hold calls ($624.0k notional), 0 hold puts (—).

Trends to Q3 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: 773Q3 25: 786786Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025786

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 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 25Q2 25: 343 bought or addedQ2 25: 356 cut or sold outQ3 25: 332 bought or addedQ3 25: 345 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023316339
Q1 2024278395
Q2 2024263371
Q3 2024305346
Q4 2024357309
Q1 2025323373
Q2 2025343356
Q3 2025332345

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ4 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 0.00Q3 25 calls: $624.0kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$641.8k$8.0k0.01
Q1 2025$846.4k$8.3k0.01
Q2 2025$840.9k$00.00
Q3 2025$624.0k$00.00

Biggest buyers

US BANCORP \DE\ Added +3,065,021+3.1m
JPMORGAN CHASE & CO Added +1,579,610+1.6m
Corient Private Wealth LP Added +1,357,652+1.4m
Sanctuary Advisors, LLC Added +1,099,525+1.1m
Mountain Capital Investment Advisors Inc. New +762,515+762.5k
Thrivent Financial for Lutherans New +454,447+454.4k
Procyon Advisors, LLC Added +433,145+433.1k
ROYAL BANK OF CANADA Added +397,265+397.3k
RFG - Bristol Wealth Advisors, LLC New +314,478+314.5k
HighTower Advisors, LLC Added +303,891+303.9k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -1,279,125-1.3m
Financial Engines Advisors L.L.C. Reduced -895,753-895.8k
Creative Planning Reduced -401,142-401.1k
Pathstone Holdings, LLC Reduced -360,479-360.5k
DRW Securities, LLC Reduced -270,008-270.0k
GOLDMAN SACHS GROUP INC Reduced -249,514-249.5k
Freedom Investment Management, Inc. Sold out -236,490-236.5k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -193,220-193.2k
RETIREMENT GUYS FORMULA LLC Sold out -119,322-119.3k
MERCER GLOBAL ADVISORS INC /ADV Reduced -118,589-118.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $607.3k18.2k shares
GROUP ONE TRADING LLC Added $16.7k500 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 0.49% of their portfolio OVERLAND PARK, KS 19,125,47619.1m $638.2m $638.2m 0.49% Reduced -401.1k -401,142
2 Financial Engines Advisors L.L.C. 1.06% of their portfolio SANTA CLARA, CA 16,707,92916.7m $557.5m $557.5m 1.06% Reduced -895.8k -895,753
3 HighTower Advisors, LLC 0.40% of their portfolio CHICAGO, IL 10,445,37010.4m $348.6m $348.6m 0.40% Added +303.9k +303,891
4 US BANCORP \DE\ 0.26% of their portfolio MINNEAPOLIS, MN 6,510,7786.5m $217.3m $217.3m 0.26% Added +3.1m +3,065,021
5 SageView Advisory Group, LLC 4.27% of their portfolio Newport Beach, CA 3,710,2823.7m $123.8m $123.8m 4.27% Reduced -54.0k -54,014
6 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 3,500,2593.5m $116.8m $116.8m 0.08% Reduced -193.2k -193,220
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,837,2982.8m $94.7m $94.7m 0.00% Added +1.6m +1,579,610
8 Sanctuary Advisors, LLC 0.24% of their portfolio INDIANAPOLIS, IN 2,563,8112.6m $79.8m $79.8m 0.24% Added +1.1m +1,099,525
9 Rakuten Investment Management, Inc. 0.27% of their portfolio TOKYO, M0 2,245,6032.2m $74.6m $74.6m 0.27% First filing
10 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.11% of their portfolio PLYMOUTH, MN 2,240,6812.2m $75.5m $75.5m 0.11% Reduced -15.6k -15,576
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,121,6872.1m $70.8m $70.8m 0.00% Reduced -10.4k -10,428
12 MATHER GROUP, LLC. 0.71% of their portfolio CHICAGO, IL 2,095,1112.1m $69.9m $69.9m 0.71% Reduced -19.8k -19,751
13 REBALANCE, LLC 4.18% of their portfolio PALO ALTO, CA 2,075,4272.1m $69.3m $69.3m 4.18% Added +78.9k +78,925
14 Orgel Wealth Management, LLC 1.50% of their portfolio ALTOONA, WI 1,969,0452.0m $65.7m $65.7m 1.50% Added +18.4k +18,372
15 Wealthspire Advisors, LLC 0.33% of their portfolio NEW YORK, NY 1,895,2361.9m $63.2m $63.2m 0.33% Reduced -13.3k -13,334
16 MONETA GROUP INVESTMENT ADVISORS LLC 0.49% of their portfolio ST LOUIS, MO 1,843,0371.8m $61.5m $61.5m 0.49% Added +74.5k +74,487
17 Krilogy Financial LLC 2.04% of their portfolio ST. LOUIS, MO 1,607,4621.6m $54.3m $54.3m 2.04% Added +171.0k +170,974
18 FMR LLC 0.00% of their portfolio BOSTON, MA 1,604,8921.6m $53.6m $53.6m 0.00% Reduced -28.4k -28,370
19 Heartwood Wealth Advisors LLC 4.80% of their portfolio RICHMOND, VA 1,541,2811.5m $51.4m $51.4m 4.80% Added +10.7k +10,650
20 MERCER GLOBAL ADVISORS INC /ADV 0.08% of their portfolio DENVER, CO 1,509,6931.5m $50.4m $50.4m 0.08% Reduced -118.6k -118,589
21 Corient Private Wealth LP 0.08% of their portfolio MIAMI, FL 1,474,2141.5m $49.2m $49.2m 0.08% Added +1.4m +1,357,652
22 HBK Sorce Advisory LLC 1.23% of their portfolio ERIE, PA 1,465,7591.5m $49.1m $49.1m 1.23% Added +113.3k +113,345
23 Mariner, LLC 0.06% of their portfolio Overland Park, KS 1,435,5861.4m $47.9m $47.9m 0.06% Added +28.4k +28,425
24 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,328,4571.3m $44.3m $44.3m 0.01% Added +2.7k +2,677
25 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 1,289,0951.3m $42.8m $42.8m 0.03% Added +79.3k +79,274
26 COOPER/HAIMS ADVISORS, LLC 19.36% of their portfolio VICTOR, NY 1,241,5341.2m $41.4m $41.4m 19.36% Reduced -26.1k -26,096
27 BlueSky Wealth Advisors, LLC 5.24% of their portfolio New Bern, NC 1,164,2401.2m $38.9m $38.9m 5.24% Reduced -12.9k -12,886
28 RAINEY & RANDALL WEALTH ADVISORS INC. 5.85% of their portfolio Celebration, FL 1,049,8471.0m $35.0m $35.0m 5.85% Added +4.5k +4,528
29 JMG Financial Group, Ltd. 0.97% of their portfolio DOWNERS GROVE, IL 1,018,7141.0m $34.0m $34.0m 0.97% Reduced -39.6k -39,558
30 McAdam, LLC 1.65% of their portfolio Philadelphia, PA 1,000,7971.0m $33.4m $33.4m 1.65% Reduced -18.1k -18,143
31 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 997,192997.2k $33.3m $33.3m 0.01% Reduced -1.3m -1,279,125
32 Fund Evaluation Group, LLC 1.06% of their portfolio CINCINNATI, OH 876,706876.7k $29.3m $29.3m 1.06% Reduced -42.2k -42,179
33 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 834,882834.9k $27.9m $27.9m 0.05% Reduced -3.4k -3,355
34 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 826,069826.1k $27.6m $27.6m 0.03% Added +48.6k +48,568
35 Mountain Capital Investment Advisors Inc. 4.51% of their portfolio WESTMINSTER, CO 762,515762.5k $25.6m $25.6m 4.51% New
36 BENJAMIN EDWARDS INC 0.28% of their portfolio Clayton, MO 750,056750.1k $25.0m $25.0m 0.28% Added +45.5k +45,513
37 SCS Capital Management LLC 0.27% of their portfolio BOSTON, MA 746,002746.0k $24.9m $24.9m 0.27% Reduced -3.4k -3,375
38 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.48% of their portfolio Seattle, WA 721,565721.6k $24.1m $24.1m 0.48% Added +58.9k +58,908
39 Ballentine Partners, LLC 0.33% of their portfolio Waltham, MA 706,429706.4k $23.6m $23.6m 0.33% Reduced -2.8k -2,786
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 679,859679.9k $22.7m $22.7m 0.00% Added +397.3k +397,265
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 670,095670.1k $22.4m $22.4m 0.00% Reduced -17.5k -17,547
42 Charles Schwab Trust Co 1.46% of their portfolio HENDERSON, NV 642,699642.7k $21.4m $21.4m 1.46% Added +32.2k +32,201
43 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 533,124533.1k $17.2m $17.2m 0.02% Added +1.5k +1,459
44 Waverly Advisors, LLC 0.17% of their portfolio BIRMINGHAM, AL 517,011517.0k $17.3m $17.3m 0.17% Added +28.8k +28,811
45 Alliance Wealth Management Group 3.78% of their portfolio FLEMINGTON, NJ 508,541508.5k $17.0m $17.0m 3.78% Reduced -13.1k -13,087
46 Towercrest Capital Management 2.72% of their portfolio NEWTOWN, PA 508,541508.5k $17.0m $17.0m 2.72% Reduced -13.1k -13,087
47 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 4.07% of their portfolio EAGLE, ID 495,815495.8k $16.5m $16.5m 4.07% Reduced -87.3k -87,312
48 PURE PORTFOLIOS HOLDINGS LLC 5.12% of their portfolio LAKE OSWEGO, OR 491,160491.2k $16.4m $16.4m 5.12% Reduced -3.4k -3,418
49 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 484,718484.7k $16.2m $16.2m 0.03% Added +44.6k +44,559
50 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 484,249484.2k $16.2m $16.2m 0.00% Added +45.0k +45,039
51 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 477,042477.0k $15.9m $15.9m 0.02% Added +45.0k +45,042
52 Boyd Wealth Management, LLC 6.80% of their portfolio SACRAMENTO, CA 473,015473.0k $15.8m $15.8m 6.80% Added +250.5k +250,491
53 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 454,447454.4k $15.2m $15.2m 0.03% New
54 KLINGENSTEIN FIELDS & CO LP 0.57% of their portfolio NEW YORK, NY 453,951454.0k $15.1m $15.1m 0.57% Reduced -11.1k -11,127
55 NAPLES GLOBAL ADVISORS, LLC 1.18% of their portfolio NAPLES, FL 453,130453.1k $15.1m $15.1m 1.18% Added +15.5k +15,534
56 Procyon Advisors, LLC 0.89% of their portfolio SHELTON, CT 448,762448.8k $15.0m $15.0m 0.89% Added +433.1k +433,145
57 TruNorth Capital Management, LLC 2.95% of their portfolio KALAMAZOO, MI 446,299446.3k $14.9m $14.9m 2.95% Added +30.7k +30,731
58 ADAMSBROWN WEALTH CONSULTANTS LLC 3.91% of their portfolio WICHITA, KS 425,130425.1k $14.2m $14.2m 3.91% Added +16.0k +16,046
59 Pathstone Holdings, LLC 0.05% of their portfolio ENGLEWOOD, NJ 372,367372.4k $12.4m $12.4m 0.05% Reduced -360.5k -360,479
60 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 361,753361.8k $12.1m $12.1m 0.00% Reduced -10.5k -10,519
61 IHT Wealth Management, LLC 0.30% of their portfolio Chicago, IL 357,550357.6k $11.9m $11.9m 0.30% Added +33.4k +33,354
62 HANTZ FINANCIAL SERVICES, INC. 0.17% of their portfolio SOUTHFIELD, MI 344,045344.0k $11.5m $11.5m 0.17% Added +2.8k +2,814
63 Prime Capital Investment Advisors, LLC 0.14% of their portfolio OVERLAND PARK, KS 342,913342.9k $11.4m $11.4m 0.14% Reduced -5.6k -5,605
64 CABOT WEALTH MANAGEMENT INC 1.26% of their portfolio BEVERLY, MA 340,265340.3k $11.4m $11.4m 1.26% Added +478 +478
65 SigFig Wealth Management, LLC 0.35% of their portfolio SAN FRANCISCO, CA 338,807338.8k $11.2m $11.2m 0.35% Reduced -40.6k -40,639
66 Brand Asset Management Group, Inc. 3.14% of their portfolio CHESTERFIELD, MO 334,392334.4k $11.2m $11.2m 3.14% Added +43.5k +43,548
67 Cresset Asset Management, LLC 0.05% of their portfolio Chicago, IL 333,714333.7k $11.1m $11.1m 0.05% Added +891 +891
68 HC Advisors, LLC 7.74% of their portfolio SANDY SPRINGS, GA 329,906329.9k $11.0m $11.0m 7.74% Reduced -6.9k -6,895
69 AlphaCore Capital LLC 0.37% of their portfolio LA JOLLA, CA 328,591328.6k $11.0m $11.0m 0.37% Reduced -678 -678
70 NORTH STAR ASSET MANAGEMENT INC 0.44% of their portfolio NEENAH, WI 323,345323.3k $10.8m $10.8m 0.44% Added +1.5k +1,539
71 RFG - Bristol Wealth Advisors, LLC 3.03% of their portfolio TAUNTON, MA 314,478314.5k $10.5m $10.5m 3.03% New
72 Red Tortoise LLC 4.47% of their portfolio ATLANTA, GA 305,140305.1k $10.2m $10.2m 4.47% Added +3.1k +3,059
73 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 303,971304.0k $10.1m $10.1m 0.03% Added +6.3k +6,255
74 Steele Capital Management, Inc. 0.44% of their portfolio DUBUQUE, IA 297,239297.2k $9.9m $9.9m 0.44% Reduced -39.3k -39,284
75 MorganRosel Wealth Management, LLC 2.57% of their portfolio HIGHLANDS RANCH, CO 297,095297.1k $9.9m $9.9m 2.57% Reduced -20.9k -20,896
76 Main Street Financial Solutions, LLC 0.63% of their portfolio NEWTOWN, PA 295,278295.3k $9.9m $9.9m 0.63% Added +9.3k +9,341
77 Seneca Financial Advisors LLC 3.19% of their portfolio ROCHESTER, NY 292,939292.9k $9.8m $9.8m 3.19% Reduced -7.0k -7,048
78 Garde Capital, Inc. 0.49% of their portfolio SEATTLE, WA 290,442290.4k $9.7m $9.7m 0.49% Added +510 +510
79 Gemmer Asset Management LLC 0.75% of their portfolio WALNUT CREEK, CA 278,756278.8k $9.3m $9.3m 0.75% Added +21.0k +20,967
80 Wedmont Private Capital 0.34% of their portfolio WEST CHESTER, PA 272,123272.1k $9.2m $9.2m 0.34% Reduced -9.7k -9,712
81 Visionary Wealth Advisors 0.42% of their portfolio O'FALLON, IL 269,782269.8k $9.0m $9.0m 0.42% Added +18.9k +18,860
82 BALLAST ADVISORS LLC 2.47% of their portfolio WOODBURY, MN 268,362268.4k $9.0m $9.0m 2.47% Reduced -3.9k -3,918
83 Apriem Advisors 0.84% of their portfolio IRVINE, CA 267,129267.1k $8.9m $8.9m 0.84% Reduced -5.8k -5,845
84 ZACKS INVESTMENT MANAGEMENT 0.07% of their portfolio Chicago, IL 262,647262.6k $8.8m $8.8m 0.07% Reduced -25.2k -25,193
85 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 259,404259.4k $8.7m $8.7m 0.00% Added +7.8k +7,793
86 Invst, LLC 0.94% of their portfolio INDIANAPOLIS, IN 248,110248.1k $8.3m $8.3m 0.94% Reduced -9.5k -9,451
87 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 247,942247.9k $8.3m $8.3m 0.02% Reduced -14.4k -14,404
88 Geneos Wealth Management Inc. 0.21% of their portfolio ENGLEWOOD, CO 244,232244.2k $8.2m $8.2m 0.21% Reduced -1.4k -1,369
89 Savant Capital, LLC 0.05% of their portfolio ROCKFORD, IL 242,941242.9k $8.1m $8.1m 0.05% Added +90.2k +90,158
90 Boltwood Capital Management 2.15% of their portfolio WALNUT CREEK, CA 241,952242.0k $8.1m $8.1m 2.15% Added +1.3k +1,321
91 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 240,963241.0k $8.0m $8.0m 0.00% Added +28.0k +27,954
92 St. Louis Trust Co 0.96% of their portfolio SAINT LOUIS, MO 231,273231.3k $7.7m $7.7m 0.96% Added +4.7k +4,705
93 Nicholas Hoffman & Company, LLC. 0.18% of their portfolio ATLANTA, GA 227,264227.3k $7.6m $7.6m 0.18% Added +8 +8
94 Sherwood Financial Partners, LLC 6.53% of their portfolio WESTLAKE VILLAGE, CA 224,250224.2k $7.5m $7.5m 6.53% Reduced -2.2k -2,214
95 SIERRA OCEAN, LLC 6.15% of their portfolio RIPON, CA 219,231219.2k $7.3m $7.3m 6.15% Reduced -61.6k -61,618
96 Courage Miller Partners, LLC 2.17% of their portfolio NORFOLK, VA 217,233217.2k $7.2m $7.2m 2.17% Reduced -10.1k -10,059
97 ARKANSAS FINANCIAL GROUP, INC. 1.06% of their portfolio LITTLE ROCK, AR 215,087215.1k $7.2m $7.2m 1.06% Reduced -549 -549
98 Payne Capital Management, LLC 2.28% of their portfolio New York, NY 211,782211.8k $7.1m $7.1m 2.28% Added +15.8k +15,764
99 Ackerman Capital Advisors, LLC 1.46% of their portfolio DALLAS, TX 209,313209.3k $7.0m $7.0m 1.46% Reduced -16.5k -16,501
100 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 199,206199.2k $6.6m $6.6m 0.01% Reduced -3.5k -3,490