Vault-13

SCHWAB STRATEGIC TR FNDE

FUNDAMENTAL EMER · ETP · CUSIP 808524730

437 institutional holders +42 vs Q3 2025
184,897,570184.9m shares reported held*
$6.7bnreported value*
54 new 188 added 84 reduced 32 sold out net bought ≈ $231.0m (+6.4m 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 ($29.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $36.07.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 242Q4 22: 264Q1 23: 280Q2 23: 288Q3 23: 270Q4 23: 311Q1 24: 309Q2 24: 321Q3 24: 325Q4 24: 358Q1 25: 367Q2 25: 384Q3 25: 395Q4 25: 437437Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022242
Q4 2022264
Q1 2023280
Q2 2023288
Q3 2023270
Q4 2023311
Q1 2024309
Q2 2024321
Q3 2024325
Q4 2024358
Q1 2025367
Q2 2025384
Q3 2025395
Q4 2025437

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 150 bought or addedQ1 24: 127 cut or sold outQ2 24: 149 bought or addedQ2 24: 138 cut or sold outQ2 24Q3 24: 161 bought or addedQ3 24: 131 cut or sold outQ4 24: 188 bought or addedQ4 24: 107 cut or sold outQ4 24Q1 25: 184 bought or addedQ1 25: 144 cut or sold outQ2 25: 204 bought or addedQ2 25: 131 cut or sold outQ2 25Q3 25: 178 bought or addedQ3 25: 148 cut or sold outQ4 25: 242 bought or addedQ4 25: 116 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024150127
Q2 2024149138
Q3 2024161131
Q4 2024188107
Q1 2025184144
Q2 2025204131
Q3 2025178148
Q4 2025242116

Biggest buyers

MORGAN STANLEY Added +1,281,067+1.3m
WELLS FARGO & COMPANY/MN Added +1,187,646+1.2m
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +1,146,566+1.1m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +1,100,486+1.1m
FINANCIAL CONSULATE, INC New +441,510+441.5k
DROMS STRAUSS ADVISORS INC /MO/ /ADV New +359,798+359.8k
Cornerstone Planning Group LLC Added +351,128+351.1k
HighTower Advisors, LLC Added +307,168+307.2k
BALANCED WEALTH GROUP LLC New +292,548+292.5k
OSAIC HOLDINGS, INC. Added +237,007+237.0k

Biggest sellers

FMR LLC Reduced -805,220-805.2k
Waterford Advisors, LLC Sold out -284,343-284.3k
Tandem Financial, LLC Sold out -281,461-281.5k
Systelligence, LLC Sold out -215,239-215.2k
BANK OF AMERICA CORP /DE/ Reduced -201,328-201.3k
JPMORGAN CHASE & CO Reduced -190,379-190.4k
Sanctuary Advisors, LLC Reduced -154,885-154.9k
MML INVESTORS SERVICES, LLC Reduced -118,119-118.1k
Empowered Funds, LLC Sold out -85,399-85.4k
ASPIRIANT, LLC Reduced -81,847-81.8k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FMR LLC 13G · institution -1.0 pts · filed 2026-08-06 6.3% -1.0 pts 14.7m≈ $584.2m 2026-08-06

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.69% of their portfolio SAN FRANCISCO, CA 122,959,346123.0m $4.4bn $4.4bn 0.69% Added +1.1m +1,100,486
2 FMR LLC 0.03% of their portfolio BOSTON, MA 16,575,65616.6m $597.7m $597.7m 0.03% Reduced -805.2k -805,220
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,079,1894.1m $147.1m $147.1m 0.01% Added +1.3m +1,281,067
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,157,3512.2m $77.8m $77.8m 0.01% Reduced -201.3k -201,328
5 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 2,022,1302.0m $72.9m $72.9m 0.04% Unchanged
6 Bogart Wealth, LLC 2.68% of their portfolio MCLEAN, VA 1,854,0141.9m $66.9m $66.9m 2.68% Added +80.7k +80,741
7 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,353,6821.4m $48.8m $48.8m 0.01% Added +132.6k +132,556
8 FOSTER & MOTLEY INC 2.43% of their portfolio CINCINNATI, OH 1,264,1951.3m $45.6m $45.6m 2.43% Reduced -14.6k -14,587
9 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,194,4051.2m $43.1m $43.1m 0.01% Added +1.2m +1,187,646
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.06% of their portfolio BALA CYNWYD, PA 1,146,5661.1m $41.3m $41.3m 0.06% New
11 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 1,086,0471.1m $39.2m $39.2m 0.06% Added +237.0k +237,007
12 Unison Advisors LLC 3.15% of their portfolio PROVIDENCE, RI 998,564998.6k $36.0m $36.0m 3.15% Added +24.7k +24,677
13 Morningstar Investment Management LLC 1.49% of their portfolio CHICAGO, IL 700,890700.9k $25.3m $25.3m 1.49% Added +47.9k +47,915
14 Almanack Investment Partners, LLC. 4.28% of their portfolio WAYNE, PA 698,754698.8k $25.2m $25.2m 4.28% Added +8.6k +8,563
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 670,554670.6k $24.2m $24.2m 0.02% Added +235.9k +235,950
16 Resonant Capital Advisors, LLC 1.27% of their portfolio Madison, WI 639,617639.6k $23.1m $23.1m 1.27% Added +63.9k +63,873
17 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 621,234621.2k $22.4m $22.4m 0.01% Added +28.7k +28,711
18 Kelman-Lazarov, Inc. 3.13% of their portfolio MEMPHIS, TN 607,762607.8k $21.9m $21.9m 3.13% Added +2.3k +2,302
19 AlphaCore Capital LLC 0.48% of their portfolio LA JOLLA, CA 597,191597.2k $21.5m $21.5m 0.48% Reduced -17.7k -17,734
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 564,918564.9k $20.4m $20.4m 0.00% Added +12.7k +12,663
21 ASPIRIANT, LLC 0.56% of their portfolio San Francisco, CA 542,249542.2k $19.6m $19.6m 0.56% Reduced -81.8k -81,847
22 Elgethun Capital Management 3.34% of their portfolio SIOUX FALLS, SD 536,745536.7k $19.4m $19.4m 3.34% Added +47.0k +47,007
23 Johnson Bixby & Associates, LLC 2.39% of their portfolio VANCOUVER, WA 533,933533.9k $19.3m $19.3m 2.39% Added +102.2k +102,219
24 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 493,636493.6k $17.8m $17.8m 0.05% Added +21.8k +21,752
25 PRINCIPAL SECURITIES, INC. 0.26% of their portfolio DES MOINES, IA 475,659475.7k $17.2m $17.2m 0.26% Added +38.8k +38,798
26 Seven Springs Wealth Group, LLC 4.67% of their portfolio BRENTWOOD, TN 453,711453.7k $16.4m $16.4m 4.67% Added +17.1k +17,111
27 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 452,853452.9k $16.3m $16.3m 0.00% Added +33.3k +33,312
28 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 450,713450.7k $16.3m $16.3m 0.02% Added +5.6k +5,634
29 FINANCIAL CONSULATE, INC 2.18% of their portfolio HUNT VALLEY, MD 441,510441.5k $15.9m $15.9m 2.18% New
30 HHM Wealth Advisors, LLC 1.84% of their portfolio CHATTANOOGA, TN 432,499432.5k $15.6m $15.6m 1.84% Reduced -16.4k -16,425
31 Charles Schwab Trust Co 0.95% of their portfolio HENDERSON, NV 400,759400.8k $14.5m $14.5m 0.95% Added +13.9k +13,865
32 CVA Family Office, LLC 1.55% of their portfolio DENVER, CO 374,098374.1k $13.5m $13.5m 1.55% Added +96.2k +96,218
33 Kathmere Capital Management, LLC 0.91% of their portfolio WAYNE, PA 373,500373.5k $13.5m $13.5m 0.91% Added +13.8k +13,768
34 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 364,132364.1k $13.1m $13.1m 0.01% Added +307.2k +307,168
35 DROMS STRAUSS ADVISORS INC /MO/ /ADV 3.41% of their portfolio ST. LOUIS, MO 359,798359.8k $13.0m $13.0m 3.41% New
36 MOLLER WEALTH PARTNERS 2.67% of their portfolio NORTHFIELD, IL 353,644353.6k $12.8m $12.8m 2.67% Reduced -12.8k -12,845
37 Cornerstone Planning Group LLC 2.20% of their portfolio FAIRFIELD, NJ 353,192353.2k $14.1m $14.1m 2.20% Added +351.1k +351,128
38 CABOT WEALTH MANAGEMENT INC 1.38% of their portfolio BEVERLY, MA 345,642345.6k $12.5m $12.5m 1.38% Added +20.8k +20,787
39 Prairiewood Capital, LLC 3.78% of their portfolio FARGO, ND 337,231337.2k $12.2m $12.2m 3.78% Added +18.4k +18,373
40 Nicholas Hoffman & Company, LLC. 0.27% of their portfolio ATLANTA, GA 319,559319.6k $11.5m $11.5m 0.27% Added +14.5k +14,453
41 CHILTON CAPITAL MANAGEMENT LLC 0.39% of their portfolio HOUSTON, TX 313,614313.6k $11.3m $11.3m 0.39% Reduced -730 -730
42 COWA, LLC 3.42% of their portfolio Tulsa, OK 311,441311.4k $11.2m $11.2m 3.42% Added +4.2k +4,212
43 McAdam, LLC 0.51% of their portfolio Philadelphia, PA 311,008311.0k $11.2m $11.2m 0.51% Reduced -3.7k -3,683
44 BALANCED WEALTH GROUP LLC 3.89% of their portfolio WESTLAKE, OH 292,548292.5k $10.6m $10.6m 3.89% New
45 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 288,279288.3k $10.4m $10.4m 0.00% Reduced -190.4k -190,379
46 EXENCIAL WEALTH ADVISORS, LLC 0.32% of their portfolio OKLAHOMA CITY, OK 281,224281.2k $10.1m $10.1m 0.32% Reduced -2.8k -2,829
47 SAX WEALTH ADVISORS, LLC 0.46% of their portfolio PARSIPPANY, NJ 271,944271.9k $9.8m $9.8m 0.46% Added +24.6k +24,555
48 Sanctuary Advisors, LLC 0.05% of their portfolio INDIANAPOLIS, IN 271,330271.3k $9.8m $9.8m 0.05% Reduced -154.9k -154,885
49 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 257,393257.4k $9.3m $9.3m 0.01% Added +25.0k +25,005
50 RHS Financial, LLC 4.28% of their portfolio SAN FRANCISCO, CA 242,978243.0k $8.8m $8.8m 4.28% Added +21.8k +21,807
51 IFG Advisory, LLC 0.36% of their portfolio ATLANTA, GA 231,802231.8k $8.4m $8.4m 0.36% Added +7.7k +7,726
52 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 223,733223.7k $8.1m $8.1m 0.00% Added +66.9k +66,873
53 Your Advocates Ltd., LLP 2.57% of their portfolio HOUSTON, TX 218,629218.6k $7.9m $7.9m 2.57% Reduced -1.8k -1,768
54 Bell Investment Advisors, Inc 1.24% of their portfolio ORINDA, CA 216,567216.6k $7.8m $7.8m 1.24% Added +4.8k +4,835
55 EP Wealth Advisors, LLC 0.04% of their portfolio TORRANCE, CA 214,010214.0k $7.7m $7.7m 0.04% First filing
56 LFA - Lugano Financial Advisors SA 3.97% of their portfolio LUGANO, V8 213,157213.2k $7.7m $7.7m 3.97% Reduced -746 -746
57 Asset Dedication, LLC 0.48% of their portfolio SAN FRANCISCO, CA 204,549204.5k $7.4m $7.4m 0.48% Reduced -2.8k -2,803
58 Wealth Forward, LLC 3.59% of their portfolio FARGO, ND 176,303176.3k $6.4m $6.4m 3.59% Added +1.5k +1,534
59 Savant Capital, LLC 0.04% of their portfolio ROCKFORD, IL 176,033176.0k $6.3m $6.3m 0.04% Reduced -8.6k -8,552
60 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 166,880166.9k $6.0m $6.0m 0.00% Reduced -1.2k -1,172
61 ABBINGTON INVESTMENT GROUP 4.07% of their portfolio WESTPORT, CT 165,014165.0k $6.0m $6.0m 4.07% Added +17.2k +17,205
62 ACCESS FINANCIAL SERVICES, INC. 2.12% of their portfolio MINNEAPOLIS, MN 161,334161.3k $5.8m $5.8m 2.12% Added +12.7k +12,746
63 MAI Capital Management 0.03% of their portfolio INDEPENDENCE, OH 160,630160.6k $5.8m $5.8m 0.03% Added +28.0k +28,005
64 Mariner, LLC 0.01% of their portfolio Overland Park, KS 159,913159.9k $5.8m $5.8m 0.01% Added +24.9k +24,885
65 Concurrent Investment Advisors, LLC 0.07% of their portfolio Tampa, FL 159,359159.4k $5.7m $5.7m 0.07% Added +6.8k +6,768
66 Essex LLC 1.01% of their portfolio DEER PARK, IL 158,129158.1k $5.7m $5.7m 1.01% Added +2.7k +2,734
67 Laurel Wealth Planning LLC 3.15% of their portfolio EDINA, MN 157,424157.4k $5.7m $5.7m 3.15% Added +3.6k +3,565
68 Westover Capital Advisors, LLC 1.01% of their portfolio WILMINGTON, DE 153,512153.5k $5.5m $5.5m 1.01% Added +5.4k +5,352
69 PERSPECTIVE WEALTH ADVISORS LLC 3.90% of their portfolio LOVELAND, CO 151,800151.8k $5.5m $5.5m 3.90% First filing
70 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 141,478141.5k $5.1m $5.1m 0.04% Added +8.5k +8,452
71 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 136,061136.1k $5.1m $5.1m 0.01% Added +11.1k +11,114
72 Embree Financial Group 0.59% of their portfolio Chicago, IL 133,367133.4k $4.8m $4.8m 0.59% Added +64.3k +64,307
73 Simplicity Wealth,LLC 0.29% of their portfolio SUMMIT, NJ 133,279133.3k $4.8m $4.8m 0.29% Added +8.5k +8,507
74 Etesian Wealth Advisors, Inc. 1.49% of their portfolio West Linn, OR 131,928131.9k $4.8m $4.8m 1.49% Added +23.7k +23,695
75 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.08% of their portfolio Seattle, WA 129,699129.7k $4.7m $4.7m 0.08% Reduced -2.5k -2,511
76 Alpha Omega Wealth Management LLC 0.77% of their portfolio RICHMOND, VA 129,208129.2k $4.7m $4.7m 0.77% Added +741 +741
77 Cheviot Value Management, LLC 0.51% of their portfolio BEVERLY HILLS, CA 129,165129.2k $5.2m $5.2m 0.51% Reduced -492 -492
78 Capital Developers, LLC 4.00% of their portfolio Greenville, NC 123,784123.8k $4.5m $4.5m 4.00% First filing
79 Apollon Wealth Management, LLC 0.08% of their portfolio MOUNT PLEASANT, SC 122,685122.7k $4.4m $4.4m 0.08% Added +788 +788
80 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 110,651110.7k $4.0m $4.0m 0.00% Reduced -7.4k -7,352
81 Fermata Advisors, LLC 0.93% of their portfolio SONOMA, CA 107,149107.1k $3.9m $3.9m 0.93% Added +743 +743
82 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 105,868105.9k $3.8m $3.8m 0.01% Reduced -118.1k -118,119
83 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 105,617105.6k $3.8m $3.8m 0.01% Added +11.9k +11,936
84 Northland Capital Management LLC 2.12% of their portfolio VIRGINIA, MN 105,047105.0k $3.8m $3.8m 2.12% Added +22.5k +22,535
85 SILVER OAK SECURITIES, INCORPORATED 0.25% of their portfolio JACKSON, TN 104,141104.1k $3.8m $3.8m 0.25% Added +2.9k +2,901
86 TRUST POINT INC. 0.30% of their portfolio LA CROSSE, WI 103,945103.9k $3.7m $3.7m 0.30% Reduced -379 -379
87 Veridan Wealth LLC 1.21% of their portfolio WEST LINN, OR 100,054100.1k $3.6m $3.6m 1.21% Added +2.7k +2,709
88 Pinnacle Financial Partners, Inc. 0.03% of their portfolio ATLANTA, GA 95,90795.9k $3.5m $3.5m 0.03% First filing
89 Allen Capital Group, LLC 0.32% of their portfolio GRAND ISLAND, NE 95,64195.6k $3.4m $3.4m 0.32% Reduced -1.9k -1,878
90 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 91,07391.1k $3.3m $3.3m 0.01% Added +17.5k +17,460
91 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 89,78689.8k $3.2m $3.2m 0.00% Reduced -2.2k -2,238
92 Sensible Money, LLC 1.02% of their portfolio SCOTTSDALE, AZ 88,57188.6k $3.2m $3.2m 1.02% Reduced -426 -426
93 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 84,73884.7k $3.1m $3.1m 0.00% Added +38.2k +38,184
94 LEAVELL INVESTMENT MANAGEMENT, INC. 0.13% of their portfolio MOBILE, AL 84,59784.6k $3.1m $3.1m 0.13% Added +8.0k +7,958
95 JOHNSON INVESTMENT COUNSEL INC 0.02% of their portfolio Cincinnati, OH 84,01584.0k $3.0m $3.0m 0.02% Added +1.6k +1,622
96 CIBC Private Wealth Group LLC 0.01% of their portfolio ATLANTA, GA 83,73283.7k $3.0m $3.0m 0.01% Added +73.3k +73,267
97 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 82,95483.0k $3.0m $3.0m 0.00% Added +11.8k +11,847
98 WealthCare Investment Partners, LLC 0.89% of their portfolio PORTSMOUTH, RI 82,68882.7k $3.0m $3.0m 0.89% Added +14.1k +14,144
99 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 79,20379.2k $2.9m $2.9m 0.02% Reduced -584 -584
100 Clark Capital Management Group, Inc. 0.02% of their portfolio PHILADELPHIA, PA 79,11579.1k $2.9m $2.9m 0.02% Reduced -2.4k -2,386