Vault-13

SCHWAB STRATEGIC TR FNDF

FUNDAMENTAL INTL · ETP · CUSIP 808524755

824 institutional holders +53 vs Q4 2025
311,254,144311.3m shares reported held*
$15.2bnreported value*
91 new 333 added 216 reduced 40 sold out net sold ≈ $149.9m (-3.0m 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 ($6.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.92. Options: 1 managers hold calls ($278.9k notional), 0 hold puts (—).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 362Q4 22: 416Q1 23: 431Q2 23: 441Q3 23: 443Q4 23: 501Q1 24: 520Q2 24: 536Q3 24: 555Q4 24: 599Q1 25: 614Q2 25: 665Q3 25: 691Q4 25: 771Q1 26: 824824Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022362
Q4 2022416
Q1 2023431
Q2 2023441
Q3 2023443
Q4 2023501
Q1 2024520
Q2 2024536
Q3 2024555
Q4 2024599
Q1 2025614
Q2 2025665
Q3 2025691
Q4 2025771
Q1 2026824

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 24: 277 bought or addedQ2 24: 202 cut or sold outQ3 24: 297 bought or addedQ3 24: 182 cut or sold outQ3 24Q4 24: 305 bought or addedQ4 24: 196 cut or sold outQ1 25: 296 bought or addedQ1 25: 245 cut or sold outQ1 25Q2 25: 360 bought or addedQ2 25: 222 cut or sold outQ3 25: 339 bought or addedQ3 25: 229 cut or sold outQ3 25Q4 25: 387 bought or addedQ4 25: 225 cut or sold outQ1 26: 424 bought or addedQ1 26: 256 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024277202
Q3 2024297182
Q4 2024305196
Q1 2025296245
Q2 2025360222
Q3 2025339229
Q4 2025387225
Q1 2026424256

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $330.0kQ4 25P/C —Q1 26 calls: $278.9kQ1 26 puts: $0Q1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$0$330.0k—
Q1 2026$278.9k$00.00

Biggest buyers

Corient Private Wealth LP Added +1,667,490+1.7m
CAPTRUST FINANCIAL ADVISORS Added +644,592+644.6k
AMERIPRISE FINANCIAL INC Added +519,983+520.0k
AFFINITY WEALTH LLC New +422,599+422.6k
Focus Partners Wealth Added +391,528+391.5k
ENVESTNET ASSET MANAGEMENT INC Added +382,046+382.0k
Penserra Capital Management LLC New +362,054+362.1k
Cerity Partners LLC Added +279,964+280.0k
Mountain Capital Investment Advisors Inc. Added +264,318+264.3k
Boulay Financial Advisors, LLC Added +263,894+263.9k

Biggest sellers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -3,865,821-3.9m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -3,452,563-3.5m
MORGAN STANLEY Reduced -1,771,171-1.8m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -1,345,522-1.3m
CITADEL ADVISORS LLC Sold out -1,009,015-1.0m
JANE STREET GROUP, LLC Reduced -795,724-795.7k
OSAIC HOLDINGS, INC. Reduced -375,767-375.8k
VICTORY CAPITAL MANAGEMENT INC Reduced -327,720-327.7k
McKinley Carter Wealth Services, Inc. Reduced -246,467-246.5k
Clarkston Capital Partners, LLC Reduced -227,149-227.1k

Biggest calls

CITADEL ADVISORS LLC New $278.9k5.7k 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.07% of their portfolio SAN FRANCISCO, CA 143,031,375143.0m $7.0bn $7.0bn 1.07% Reduced -3.5m -3,452,563
2 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 1.56% of their portfolio PLYMOUTH, MN 14,592,92714.6m $707.7m $707.7m 1.56% Reduced -3.9m -3,865,821
3 REGIONS FINANCIAL CORP 2.94% of their portfolio BIRMINGHAM, AL 9,245,3519.2m $452.4m $452.4m 2.94% Added +84.4k +84,371
4 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 8,329,8568.3m $407.6m $407.6m 0.03% Added +229.7k +229,730
5 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 6,879,5356.9m $336.6m $336.6m 0.02% Reduced -1.8m -1,771,171
6 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.18% of their portfolio MILWAUKEE, WI 6,120,1576.1m $299.5m $299.5m 0.18% Added +87.2k +87,162
7 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 5,917,7765.9m $289.6m $289.6m 0.06% Reduced -65.7k -65,695
8 CAPTRUST FINANCIAL ADVISORS 0.35% of their portfolio RALEIGH, NC 4,043,9144.0m $197.8m $197.8m 0.35% Added +644.6k +644,592
9 Auto-Owners Insurance Co 3.66% of their portfolio LANSING, MI 3,640,0003.6m $174.7m $174.7m 3.66% Unchanged
10 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 3,116,5133.1m $152.5m $152.5m 0.04% Added +520.0k +519,983
11 VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio San Antonio, TX 2,914,9682.9m $142.6m $142.6m 0.09% Reduced -327.7k -327,720
12 Mountain Capital Investment Advisors Inc. 22.00% of their portfolio WESTMINSTER, CO 2,908,8902.9m $148.2m $148.2m 22.00% Added +264.3k +264,318
13 Boulay Financial Advisors, LLC 15.30% of their portfolio EDEN PRAIRIE, MN 2,725,1992.7m $133.3m $133.3m 15.30% Added +263.9k +263,894
14 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 2,674,6472.7m $130.9m $130.9m 0.03% Added +193.0k +192,961
15 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 2,583,7252.6m $126.4m $126.4m 0.03% Added +382.0k +382,046
16 FOSTER & MOTLEY INC 6.17% of their portfolio CINCINNATI, OH 2,442,9492.4m $119.5m $119.5m 6.17% Reduced -48.6k -48,610
17 Corient Private Wealth LP 0.15% of their portfolio MIAMI, FL 2,097,1192.1m $102.6m $102.6m 0.15% Added +1.7m +1,667,490
18 FMR LLC 0.00% of their portfolio BOSTON, MA 1,729,4371.7m $84.6m $84.6m 0.00% Reduced -119.5k -119,450
19 Cetera Investment Advisers 0.09% of their portfolio SCHAUMBURG, IL 1,643,5721.6m $80.4m $80.4m 0.09% Added +59.0k +58,995
20 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,583,1011.6m $77.5m $77.5m 0.01% Added +169.1k +169,106
21 StoneX Group Inc. 3.98% of their portfolio NEW YORK, NY 1,511,0551.5m $73.9m $73.9m 3.98% Added +166.8k +166,771
22 AlphaCore Capital LLC 1.73% of their portfolio LA JOLLA, CA 1,492,5401.5m $73.0m $73.0m 1.73% Reduced -109.5k -109,505
23 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 1,381,5021.4m $67.6m $67.6m 0.07% Added +133.1k +133,109
24 CVA Family Office, LLC 6.96% of their portfolio DENVER, CO 1,351,1271.4m $66.1m $66.1m 6.96% Added +156.1k +156,081
25 Strata Wealth Advisors, LLC 15.84% of their portfolio DALLAS, TX 1,180,8991.2m $57.8m $57.8m 15.84% Reduced -60.1k -60,127
26 ALPS ADVISORS INC 0.27% of their portfolio Denver, CO 1,177,7891.2m $57.6m $57.6m 0.27% Added +46.6k +46,570
27 Nadler Financial Group, Inc. 5.38% of their portfolio DEERFIELD, IL 1,140,1911.1m $55.8m $55.8m 5.38% Added +72.1k +72,051
28 Trust Co 5.22% of their portfolio MANHATTAN, KS 1,138,7251.1m $55.7m $55.7m 5.22% Reduced -10.8k -10,766
29 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,115,7771.1m $54.6m $54.6m 0.02% Added +193.2k +193,244
30 Capital Advantage, Inc. 7.07% of their portfolio Walnut Creek, CA 1,105,5841.1m $54.1m $54.1m 7.07% Added +1.6k +1,630
31 CANANDAIGUA NATIONAL CORP 4.70% of their portfolio CANANDAIGUA, NY 1,073,6171.1m $52.5m $52.5m 4.70% First filing
32 Orion Porfolio Solutions, LLC 0.45% of their portfolio OMAHA, NE 1,071,0131.1m $52.4m $52.4m 0.45% Reduced -183.4k -183,390
33 Hardy Reed LLC 3.81% of their portfolio TUPELO, MS 1,066,7491.1m $52.2m $52.2m 3.81% Added +3.3k +3,322
34 Capital Advisors Wealth Management, LLC 6.91% of their portfolio YAKIMA, WA 1,051,6651.1m $51.5m $51.5m 6.91% Reduced -21.2k -21,239
35 Private Advisor Group, LLC 0.24% of their portfolio MORRISTOWN, NJ 1,040,4521.0m $50.9m $50.9m 0.24% Added +10.1k +10,107
36 Charles Schwab Trust Co 3.27% of their portfolio HENDERSON, NV 1,029,5891.0m $50.4m $50.4m 3.27% Reduced -16.0k -15,981
37 Verde Capital Management 10.38% of their portfolio CLARKSTON, MI 992,254992.3k $48.6m $48.6m 10.38% Added +11.2k +11,239
38 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 962,137962.1k $47.1m $47.1m 0.07% Reduced -375.8k -375,767
39 Mariner, LLC 0.05% of their portfolio Overland Park, KS 945,862945.9k $46.3m $46.3m 0.05% Added +43.3k +43,275
40 Focus Partners Wealth 0.05% of their portfolio ST LOUIS, MO 912,654912.7k $44.7m $44.7m 0.05% Added +391.5k +391,528
41 MFA WEALTH ADVISORS, LLC 8.69% of their portfolio PITTSBURGH, PA 902,933902.9k $44.2m $44.2m 8.69% Added +6.0k +6,001
42 Johnson Bixby & Associates, LLC 5.31% of their portfolio VANCOUVER, WA 875,644875.6k $42.8m $42.8m 5.31% Added +24.3k +24,272
43 CWM, LLC 0.10% of their portfolio OMAHA, NE 813,465813.5k $39.8m $39.8m 0.10% Added +31.2k +31,216
44 Barry Investment Advisors, LLC 8.62% of their portfolio NEW BEDFORD, MA 799,398799.4k $39.1m $39.1m 8.62% Added +5.7k +5,661
45 Unison Advisors LLC 2.93% of their portfolio PROVIDENCE, RI 788,242788.2k $38.6m $38.6m 2.93% Added +6.7k +6,728
46 Focus Financial Network, Inc. 1.36% of their portfolio MINNEAPOLIS, MN 776,400776.4k $38.0m $38.0m 1.36% Added +119.3k +119,262
47 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 773,051773.1k $37.8m $37.8m 0.10% Reduced -50.3k -50,252
48 Pallas Capital Advisors LLC 1.42% of their portfolio BRAINTREE, MA 769,625769.6k $37.7m $37.7m 1.42% Reduced -84.5k -84,468
49 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 767,887767.9k $36.5m $36.5m 0.00% Added +135.3k +135,255
50 Arlington Financial Advisors, LLC 5.30% of their portfolio SANTA BARBARA, CA 759,867759.9k $37.2m $37.2m 5.30% Reduced -48.6k -48,620
51 LEAVELL INVESTMENT MANAGEMENT, INC. 1.47% of their portfolio MOBILE, AL 734,098734.1k $35.9m $35.9m 1.47% Added +32.3k +32,330
52 Dynamic Advisor Solutions LLC 1.12% of their portfolio PHOENIX, AZ 725,123725.1k $35.5m $35.5m 1.12% Added +11.6k +11,626
53 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 724,407724.4k $35.4m $35.4m 0.01% Added +84.8k +84,788
54 Opes Wealth Management LLC 5.96% of their portfolio MENLO PARK, CA 713,937713.9k $34.9m $34.9m 5.96% Reduced -553 -553
55 WESCAP Management Group, Inc. 6.30% of their portfolio Glendale, CA 653,504653.5k $32.0m $32.0m 6.30% Added +16.1k +16,109
56 Bell Investment Advisors, Inc 4.93% of their portfolio ORINDA, CA 644,359644.4k $31.5m $31.5m 4.93% Reduced -41.0k -40,996
57 Resonant Capital Advisors, LLC 1.65% of their portfolio Madison, WI 640,326640.3k $31.3m $31.3m 1.65% Reduced -106.4k -106,374
58 Geneos Wealth Management Inc. 0.71% of their portfolio ENGLEWOOD, CO 623,669623.7k $30.5m $30.5m 0.71% Reduced -7.6k -7,553
59 MAI Capital Management 0.17% of their portfolio INDEPENDENCE, OH 599,335599.3k $29.3m $29.3m 0.17% Added +66.7k +66,687
60 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 583,727583.7k $28.6m $28.6m 0.02% Added +89.4k +89,420
61 EXENCIAL WEALTH ADVISORS, LLC 0.88% of their portfolio OKLAHOMA CITY, OK 580,582580.6k $28.4m $28.4m 0.88% Reduced -30.2k -30,156
62 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 576,513576.5k $28.2m $28.2m 0.04% Added +9.6k +9,614
63 Solitude Financial Services 8.68% of their portfolio CHARLOTTESVILLE, VA 570,283570.3k $29.4m $29.4m 8.68% Reduced -6.0k -6,021
64 Prairiewood Capital, LLC 7.94% of their portfolio FARGO, ND 561,451561.5k $27.5m $27.5m 7.94% Added +12.0k +12,015
65 KEELER & NADLER FINANCIAL PLANNING & WEALTH MANAGEMENT 9.20% of their portfolio Dublin, OH 554,239554.2k $27.1m $27.1m 9.20% Added +5.9k +5,948
66 CABOT WEALTH MANAGEMENT INC 3.12% of their portfolio BEVERLY, MA 553,828553.8k $27.1m $27.1m 3.12% Added +23.1k +23,139
67 Maia Wealth LLC 4.46% of their portfolio DENVER, CO 539,122539.1k $26.4m $26.4m 4.46% Added +145.6k +145,600
68 Opus Capital Group, LLC 2.68% of their portfolio CINCINNATI, OH 509,963510.0k $25.0m $25.0m 2.68% Reduced -30.8k -30,806
69 Seven Springs Wealth Group, LLC 5.72% of their portfolio BRENTWOOD, TN 505,861505.9k $24.8m $24.8m 5.72% Added +49.7k +49,726
70 Tradition Wealth Management, LLC 1.72% of their portfolio EDINA, MN 492,801492.8k $24.1m $24.1m 1.72% Added +5.9k +5,874
71 Sequoia Financial Advisors, LLC 0.13% of their portfolio Akron, OH 482,871482.9k $23.6m $23.6m 0.13% Reduced -3.9k -3,945
72 GREAT VALLEY ADVISOR GROUP, INC. 0.43% of their portfolio WILMINGTON, DE 482,179482.2k $23.6m $23.6m 0.43% Added +9.5k +9,524
73 Savant Capital, LLC 0.11% of their portfolio ROCKFORD, IL 474,735474.7k $23.2m $23.2m 0.11% Reduced -4.3k -4,262
74 CAPITAL WEALTH MANAGEMENT, LLC 6.13% of their portfolio W. WARWICK, RI 463,396463.4k $22.7m $22.7m 6.13% Added +37.3k +37,310
75 Red Tortoise LLC 9.37% of their portfolio ATLANTA, GA 456,225456.2k $22.3m $22.3m 9.37% Reduced -1.4k -1,377
76 Vise Technologies, Inc. 0.40% of their portfolio NEW YORK, NY 452,251452.3k $20.4m $20.4m 0.40% Unchanged
77 Keudell/Morrison Wealth Management 4.37% of their portfolio Salem, OR 436,651436.7k $21.4m $21.4m 4.37% Added +3.1k +3,076
78 AFFINITY WEALTH LLC 13.20% of their portfolio CANTON, OH 422,599422.6k $20.7m $20.7m 13.20% New
79 HOWARD FINANCIAL SERVICES, LTD. 2.29% of their portfolio DALLAS, TX 414,982415.0k $20.3m $20.3m 2.29% Added +23.5k +23,515
80 BEACON FINANCIAL PLANNING, INC 7.84% of their portfolio HYANNIS, MA 413,737413.7k $20.2m $20.2m 7.84% Added +86.3k +86,301
81 Latko Wealth Management, Ltd. 9.82% of their portfolio FRANKFORT, IL 411,801411.8k $20.1m $20.1m 9.82% Added +36.3k +36,311
82 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 401,882401.9k $19.7m $19.7m 0.04% Added +110.0k +110,009
83 U.S. Capital Wealth Advisors, LLC 0.49% of their portfolio AUSTIN, TX 398,760398.8k $19.5m $19.5m 0.49% Added +53.6k +53,641
84 Verum Partners LLC 3.70% of their portfolio CHARLOTTE, NC 398,220398.2k $19.5m $19.5m 3.70% Added +9.3k +9,282
85 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 390,393390.4k $19.8m $19.8m 0.03% Added +280.0k +279,964
86 STUDIO INVESTMENT MANAGEMENT LLC 3.44% of their portfolio CHICAGO, IL 389,963390.0k $19.1m $19.1m 3.44% Reduced -4.9k -4,879
87 CENTRAL TRUST Co 0.38% of their portfolio JEFFERSON CITY, MO 389,889389.9k $19.1m $19.1m 0.38% Added +113.6k +113,597
88 MOLLER WEALTH PARTNERS 3.73% of their portfolio NORTHFIELD, IL 385,828385.8k $18.9m $18.9m 3.73% Added +1.8k +1,835
89 Sound Portfolio Advisors, LLC 15.26% of their portfolio MYSTIC, CT 383,937383.9k $18.8m $18.8m 15.26% Reduced -1.7k -1,674
90 JNBA Financial Advisors 1.51% of their portfolio BLOOMINGTON, MN 370,177370.2k $18.1m $18.1m 1.51% Reduced -16.1k -16,145
91 Penserra Capital Management LLC 0.21% of their portfolio ORINDA, CA 362,054362.1k $17.7m $17.7m 0.21% New
92 Vestmark Advisory Solutions, Inc. 0.19% of their portfolio Wakefield, MA 345,577345.6k $16.9m $16.9m 0.19% Added +48.9k +48,917
93 &PARTNERS 0.08% of their portfolio NASHVILLE, TN 343,105343.1k $16.8m $16.8m 0.08% Added +114.6k +114,612
94 HHM Wealth Advisors, LLC 1.93% of their portfolio CHATTANOOGA, TN 342,266342.3k $16.7m $16.7m 1.93% Added +20.1k +20,140
95 Certified Advisory Corp 1.47% of their portfolio ALTAMONTE SPRINGS, FL 336,079336.1k $16.4m $16.4m 1.47% Reduced -29.3k -29,257
96 JHP Wealth Management, LLC 15.17% of their portfolio CENTENNIAL, CO 324,274324.3k $15.9m $15.9m 15.17% Added +19.5k +19,458
97 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 307,522307.5k $15.0m $15.0m 0.03% Added +95.1k +95,074
98 Cerro Pacific Wealth Advisors LLC 3.84% of their portfolio San Luis Obispo, CA 299,490299.5k $14.7m $14.7m 3.84% Added +66.4k +66,393
99 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 295,827295.8k $14.5m $14.5m 0.04% Reduced -59.6k -59,627
100 CAHILL FINANCIAL ADVISORS INC 1.54% of their portfolio EDINA, MN 290,873290.9k $14.2m $14.2m 1.54% Added +6.5k +6,541