Vault-13

SCHWAB STRATEGIC TR FNDA

FUNDAMENTAL US S · ETP · CUSIP 808524763

461 institutional holders +12 vs Q3 2025
225,649,091225.6m shares reported held*
$7.1bnreported value*
34 new 178 added 127 reduced 41 sold out net sold ≈ $35.7m (-1.1m 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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $31.50.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 255Q4 22: 295Q1 23: 294Q2 23: 305Q3 23: 306Q4 23: 368Q1 24: 375Q2 24: 397Q3 24: 407Q4 24: 449Q1 25: 427Q2 25: 427Q3 25: 449Q4 25: 461461Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022255
Q4 2022295
Q1 2023294
Q2 2023305
Q3 2023306
Q4 2023368
Q1 2024375
Q2 2024397
Q3 2024407
Q4 2024449
Q1 2025427
Q2 2025427
Q3 2025449
Q4 2025461

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 209 bought or addedQ1 24: 121 cut or sold outQ2 24: 198 bought or addedQ2 24: 149 cut or sold outQ2 24Q3 24: 203 bought or addedQ3 24: 139 cut or sold outQ4 24: 200 bought or addedQ4 24: 160 cut or sold outQ4 24Q1 25: 222 bought or addedQ1 25: 173 cut or sold outQ2 25: 198 bought or addedQ2 25: 184 cut or sold outQ2 25Q3 25: 203 bought or addedQ3 25: 158 cut or sold outQ4 25: 212 bought or addedQ4 25: 168 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024209121
Q2 2024198149
Q3 2024203139
Q4 2024200160
Q1 2025222173
Q2 2025198184
Q3 2025203158
Q4 2025212168

Biggest buyers

Mariner, LLC Added +197,637+197.6k
Corient Private Wealth LP Added +159,826+159.8k
Prairiewood Capital, LLC Added +158,837+158.8k
Shore Point Advisors, LLC Added +144,534+144.5k
Steele Capital Management, Inc. Added +81,671+81.7k
MARSHALL WACE, LLP New +77,784+77.8k
UBS Group AG Added +76,901+76.9k
Quantinno Capital Management LP Added +69,212+69.2k
Williams Financial, LLC New +56,523+56.5k
Northland Capital Management LLC Added +56,050+56.0k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -781,911-781.9k
WELLINGTON MANAGEMENT GROUP LLP Sold out -486,307-486.3k
Sanctuary Advisors, LLC Reduced -321,026-321.0k
Focus Partners Advisor Solutions, LLC Reduced -191,279-191.3k
ROYAL BANK OF CANADA Reduced -176,480-176.5k
Accredited Investors Inc. Reduced -129,411-129.4k
GOLDMAN SACHS GROUP INC Reduced -118,816-118.8k
GREAT VALLEY ADVISOR GROUP, INC. Reduced -83,982-84.0k
Tower Research Capital LLC (TRC) Sold out -82,043-82.0k
AMERIPRISE FINANCIAL INC Reduced -80,184-80.2k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.88% of their portfolio SAN FRANCISCO, CA 179,435,936179.4m $5.7bn $5.7bn 0.88% Reduced -781.9k -781,911
2 WADDELL & ASSOCIATES, LLC 6.00% of their portfolio MEMPHIS, TN 2,823,7622.8m $89.0m $89.0m 6.00% Added +41.5k +41,512
3 Steele Capital Management, Inc. 2.77% of their portfolio DUBUQUE, IA 2,047,1262.0m $64.5m $64.5m 2.77% Added +81.7k +81,671
4 Prairiewood Capital, LLC 19.47% of their portfolio FARGO, ND 1,989,9552.0m $62.7m $62.7m 19.47% Added +158.8k +158,837
5 Clarius Group, LLC 3.40% of their portfolio SEATTLE, WA 1,889,7251.9m $59.5m $59.5m 3.40% Reduced -29.4k -29,398
6 VANTAGEPOINT INVESTMENT ADVISERS LLC 0.40% of their portfolio WASHINGTON, DC 1,566,2431.6m $49.4m $49.4m 0.40% Unchanged
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,428,9321.4m $45.0m $45.0m 0.01% Added +76.9k +76,901
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,283,3241.3m $40.4m $40.4m 0.00% Reduced -4.2k -4,151
9 MOLLER WEALTH PARTNERS 8.03% of their portfolio NORTHFIELD, IL 1,217,6601.2m $38.4m $38.4m 8.03% Reduced -16.7k -16,738
10 Riverpoint Wealth Management Holdings, LLC 7.73% of their portfolio CHICAGO, IL 1,142,8261.1m $36.0m $36.0m 7.73% Added +22.3k +22,347
11 Solitude Financial Services 10.38% of their portfolio CHARLOTTESVILLE, VA 999,593999.6k $31.5m $31.5m 10.38% Added +23.1k +23,062
12 Ironwood Investment Counsel, LLC 4.35% of their portfolio SCOTTSDALE, AZ 988,333988.3k $31.1m $31.1m 4.35% Reduced -46.5k -46,474
13 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 961,269961.3k $30.3m $30.3m 0.01% Reduced -80.2k -80,184
14 Resonant Capital Advisors, LLC 1.59% of their portfolio Madison, WI 920,862920.9k $29.0m $29.0m 1.59% Added +18.3k +18,325
15 AlphaCore Capital LLC 0.64% of their portfolio LA JOLLA, CA 902,501902.5k $28.4m $28.4m 0.64% Reduced -14.6k -14,581
16 First Pacific Financial 3.67% of their portfolio VANCOUVER, WA 892,877892.9k $28.1m $28.1m 3.67% Added +19.4k +19,429
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 887,251887.3k $28.0m $28.0m 0.00% Added +32.9k +32,867
18 Trilogy Capital Inc. 1.04% of their portfolio IRVINE, CA 737,096737.1k $23.2m $23.2m 1.04% Reduced -9.0k -8,999
19 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 667,024667.0k $21.0m $21.0m 0.03% Reduced -51.5k -51,533
20 Gemmer Asset Management LLC 1.55% of their portfolio WALNUT CREEK, CA 640,871640.9k $20.2m $20.2m 1.55% Added +13.6k +13,605
21 Bell Investment Advisors, Inc 3.17% of their portfolio ORINDA, CA 635,328635.3k $20.0m $20.0m 3.17% Reduced -2.2k -2,246
22 Shore Point Advisors, LLC 6.41% of their portfolio BRIELLE, NJ 599,669599.7k $15.2m $15.2m 6.41% Added +144.5k +144,534
23 Wealth Forward, LLC 10.46% of their portfolio FARGO, ND 587,546587.5k $18.5m $18.5m 10.46% Added +6.6k +6,593
24 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 522,948522.9k $16.5m $16.5m 0.02% Reduced -30.5k -30,501
25 Mariner, LLC 0.02% of their portfolio Overland Park, KS 518,355518.4k $16.3m $16.3m 0.02% Added +197.6k +197,637
26 Goldstone Financial Group, LLC 1.76% of their portfolio OAKBROOK TERRACE, IL 502,470502.5k $15.8m $15.8m 1.76% Added +17.3k +17,324
27 FOSTER & MOTLEY INC 0.81% of their portfolio CINCINNATI, OH 480,550480.6k $15.1m $15.1m 0.81% Reduced -3.1k -3,057
28 Seven Springs Wealth Group, LLC 4.23% of their portfolio BRENTWOOD, TN 469,967470.0k $14.8m $14.8m 4.23% Added +17.2k +17,221
29 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 445,232445.2k $14.0m $14.0m 0.00% Added +16.5k +16,515
30 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 430,999431.0k $13.6m $13.6m 0.01% Added +21.0k +20,988
31 Charles Schwab Trust Co 0.84% of their portfolio HENDERSON, NV 403,256403.3k $12.7m $12.7m 0.84% Added +18.7k +18,740
32 MAI Capital Management 0.07% of their portfolio INDEPENDENCE, OH 387,376387.4k $12.2m $12.2m 0.07% Added +48.2k +48,167
33 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 367,138367.1k $11.6m $11.6m 0.01% Added +53.2k +53,215
34 COLLECTIVE FAMILY OFFICE LLC 2.58% of their portfolio YORK, PA 356,359356.4k $11.2m $11.2m 2.58% Added +26.5k +26,462
35 Grey Ledge Advisors, LLC 2.36% of their portfolio GUILFORD, CT 331,598331.6k $10.4m $10.4m 2.36% Added +13.8k +13,766
36 Opes Wealth Management LLC 1.66% of their portfolio MENLO PARK, CA 310,481310.5k $9.8m $9.8m 1.66% Added +9.6k +9,640
37 Sound Stewardship, LLC 4.55% of their portfolio Overland Park, KS 301,204301.2k $9.5m $9.5m 4.55% Added +13.2k +13,179
38 Savant Capital, LLC 0.05% of their portfolio ROCKFORD, IL 298,827298.8k $9.4m $9.4m 0.05% Reduced -5.2k -5,248
39 Accredited Investors Inc. 0.50% of their portfolio EDINA, MN 297,794297.8k $9.4m $9.4m 0.50% Reduced -129.4k -129,411
40 Arlington Financial Advisors, LLC 1.33% of their portfolio SANTA BARBARA, CA 295,147295.1k $9.3m $9.3m 1.33% Added +5.0k +5,037
41 HORAN Wealth, LLC 1.38% of their portfolio CINCINNATI, OH 285,732285.7k $9.0m $9.0m 1.38% Added +4.5k +4,481
42 Waverly Advisors, LLC 0.07% of their portfolio BIRMINGHAM, AL 281,555281.6k $8.9m $8.9m 0.07% Added +3.4k +3,409
43 GREAT VALLEY ADVISOR GROUP, INC. 0.17% of their portfolio WILMINGTON, DE 274,683274.7k $8.7m $8.7m 0.17% Reduced -84.0k -83,982
44 Pasadena Private Wealth, LLC 1.00% of their portfolio PASADENA, CA 233,079233.1k $7.3m $7.3m 1.00% Added +7.8k +7,809
45 Wealthspire Retirement, LLC 0.44% of their portfolio ALISO VIEJO, CA 231,418231.4k $7.3m $7.3m 0.44% Reduced -47.5k -47,465
46 Johnson Bixby & Associates, LLC 0.84% of their portfolio VANCOUVER, WA 214,633214.6k $6.8m $6.8m 0.84% Reduced -26.6k -26,620
47 EXENCIAL WEALTH ADVISORS, LLC 0.21% of their portfolio OKLAHOMA CITY, OK 206,110206.1k $6.5m $6.5m 0.21% Added +2.4k +2,398
48 Your Advocates Ltd., LLP 2.09% of their portfolio HOUSTON, TX 203,476203.5k $6.4m $6.4m 2.09% Reduced -138 -138
49 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 203,411203.4k $6.4m $6.4m 0.01% Added +21.9k +21,928
50 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 202,594202.6k $6.4m $6.4m 0.00% Added +159.8k +159,826
51 Focus Partners Advisor Solutions, LLC 0.08% of their portfolio SAINT LOUIS, MO 198,931198.9k $6.3m $6.3m 0.08% Reduced -191.3k -191,279
52 Winter & Associates, Inc. 5.59% of their portfolio ST. PAUL, MN 191,802191.8k $6.0m $6.0m 5.59% First filing
53 Marble Wealth, LLC 0.83% of their portfolio MONTGOMERY, AL 190,639190.6k $6.0m $6.0m 0.83% First filing
54 McAdam, LLC 0.27% of their portfolio Philadelphia, PA 190,350190.3k $6.0m $6.0m 0.27% Reduced -6.9k -6,906
55 RESTON WEALTH MANAGEMENT LLC 1.81% of their portfolio Reston, VA 187,394187.4k $5.9m $5.9m 1.81% Reduced -146 -146
56 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 176,898176.9k $5.8m $5.8m 0.01% Reduced -12.6k -12,601
57 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 169,483169.5k $5.3m $5.3m 0.03% Added +2.0k +2,010
58 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 168,868168.9k $5.3m $5.3m 0.01% Added +7.6k +7,623
59 Kathmere Capital Management, LLC 0.36% of their portfolio WAYNE, PA 167,250167.2k $5.3m $5.3m 0.36% Reduced -1.4k -1,370
60 CABOT WEALTH MANAGEMENT INC 0.58% of their portfolio BEVERLY, MA 166,885166.9k $5.3m $5.3m 0.58% Added +12.0k +11,988
61 Northland Capital Management LLC 2.94% of their portfolio VIRGINIA, MN 166,335166.3k $5.2m $5.2m 2.94% Added +56.0k +56,050
62 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 160,597160.6k $5.1m $5.1m 0.01% Added +11.4k +11,376
63 Foundations Investment Advisors, LLC 0.06% of their portfolio PHOENIX, AZ 155,983156.0k $4.9m $4.9m 0.06% Added +20.4k +20,448
64 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 152,447152.4k $4.8m $4.8m 0.01% Reduced -18.8k -18,796
65 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 152,055152.1k $4.8m $4.8m 0.00% Added +20.8k +20,786
66 Roof Eidam Maycock Peralta, LLC 1.00% of their portfolio San Francisco, CA 140,183140.2k $4.4m $4.4m 1.00% Reduced -134 -134
67 Cresset Asset Management, LLC 0.02% of their portfolio Chicago, IL 138,836138.8k $4.4m $4.4m 0.02% Added +818 +818
68 Brightwater Advisory LLC 2.91% of their portfolio TAMPA, FL 136,881136.9k $4.3m $4.3m 2.91% Reduced -2.8k -2,812
69 FMR LLC 0.00% of their portfolio BOSTON, MA 130,596130.6k $4.1m $4.1m 0.00% Added +9.3k +9,265
70 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 130,494130.5k $4.1m $4.1m 0.01% Added +37.4k +37,398
71 Manske Wealth Management 1.20% of their portfolio HOUSTON, TX 129,145129.1k $4.1m $4.1m 1.20% Reduced -712 -712
72 Capital Advantage, Inc. 0.55% of their portfolio Walnut Creek, CA 128,900128.9k $4.1m $4.1m 0.55% Added +19.7k +19,723
73 Hilltop Partners LLC 1.03% of their portfolio MISHAWAKA, IN 127,038127.0k $4.0m $4.0m 1.03% Reduced -2.1k -2,111
74 INTEGRITY ALLIANCE, LLC. 0.14% of their portfolio Urbandale, IA 125,473125.5k $4.0m $4.0m 0.14% Added +54.0k +54,024
75 Texas Yale Capital Corp. 0.12% of their portfolio ST. PETERSBURG, FL 122,200122.2k $3.9m $3.9m 0.12% Unchanged
76 Verum Partners LLC 0.75% of their portfolio CHARLOTTE, NC 117,727117.7k $3.7m $3.7m 0.75% Reduced -11.5k -11,470
77 Womack Financial LLC 2.71% of their portfolio DALLAS, TX 116,519116.5k $3.7m $3.7m 2.71% Added +4.9k +4,922
78 KRM WEALTH MANAGEMENT L.L.C. 2.01% of their portfolio RENO, NV 116,137116.1k $3.7m $3.7m 2.01% First filing
79 Sowell Financial Services LLC 0.13% of their portfolio NORTH LITTLE ROCK, AR 114,859114.9k $3.6m $3.6m 0.13% Added +343 +343
80 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 108,221108.2k $3.4m $3.4m 0.01% Added +12.7k +12,723
81 Traub Capital Management LLC 3.13% of their portfolio NEEDHAM, MA 103,263103.3k $3.3m $3.3m 3.13% Added +4.3k +4,280
82 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 99,975100.0k $3.2m $3.2m 0.01% Added +69.2k +69,212
83 HHM Wealth Advisors, LLC 0.36% of their portfolio CHATTANOOGA, TN 97,28697.3k $3.1m $3.1m 0.36% Added +7.3k +7,345
84 MATHER GROUP, LLC. 0.03% of their portfolio CHICAGO, IL 93,48993.5k $2.9m $2.9m 0.03% Reduced -62 -62
85 Waterfront Wealth Inc. 0.58% of their portfolio OVERLAND PARK, KS 89,64389.6k $3.0m $3.0m 0.58% Added +4.7k +4,708
86 Addison Advisors LLC 0.63% of their portfolio MIDDLEBURY, VT 88,93988.9k $2.8m $2.8m 0.63% Reduced -265 -265
87 Asset Allocation Strategies LLC 0.49% of their portfolio FARMINGTON, MI 84,63284.6k $2.7m $2.7m 0.49% Added +5.1k +5,136
88 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 84,20084.2k $2.7m $2.7m 0.00% Reduced -176.5k -176,480
89 QRG CAPITAL MANAGEMENT, INC. 0.03% of their portfolio BERWYN, PA 84,06284.1k $2.6m $2.6m 0.03% Added +7.0k +7,029
90 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 83,74683.7k $2.6m $2.6m 0.01% Added +1.8k +1,810
91 BCS Wealth Management 0.27% of their portfolio JOHNSON CITY, TN 83,47983.5k $2.6m $2.6m 0.27% Added +46.4k +46,420
92 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 83,30283.3k $2.6m $2.6m 0.00% Reduced -74.4k -74,408
93 Farther Finance Advisors, LLC 0.03% of their portfolio SAN FRANCISCO, CA 79,69479.7k $2.5m $2.5m 0.03% Added +32.0k +31,992
94 McGrath & Associates, Inc. 3.50% of their portfolio Asheville, NC 78,26778.3k $2.5m $2.5m 3.50% Reduced -1.0k -1,017
95 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 77,78477.8k $2.5m $2.5m 0.00% New
96 Breakwater Capital Group 0.34% of their portfolio PARAMUS, NJ 76,78276.8k $2.4m $2.4m 0.34% Added +9.9k +9,863
97 Yoder Wealth Management, Inc. 1.10% of their portfolio WALNUT CREEK, CA 76,72876.7k $2.4m $2.4m 1.10% Unchanged
98 Argos Wealth Advisors, LLC 0.64% of their portfolio SACRAMENTO, CA 75,84075.8k $2.4m $2.4m 0.64% First filing
99 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 74,20474.2k $2.3m $2.3m 0.00% Reduced -32.5k -32,523
100 EQ WEALTH ADVISORS, LLC 1.37% of their portfolio DALLAS, TX 73,69373.7k $2.3m $2.3m 1.37% Reduced -4.8k -4,795