Vault-13

SCHWAB STRATEGIC TR FNDX

FUNDAMENTAL US L · ETP · CUSIP 808524771

415 institutional holders +0 vs Q2 2023
165,518,681165.5m shares reported held*
$9.3bnreported value*
35 new 188 added 117 reduced 34 sold out net bought ≈ $219.2m (+3.9m 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. Holder counts are more reliable. Implied quarter-end price ≈ $55.97. Options: 1 managers hold calls ($128.7k notional), 2 hold puts ($113.9k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 356Q4 22: 388Q1 23: 387Q2 23: 415Q3 23: 415415Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022356
Q4 2022388
Q1 2023387
Q2 2023415
Q3 2023415

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 216 bought or addedQ4 22: 126 cut or sold outQ4 22Q1 23: 208 bought or addedQ1 23: 142 cut or sold outQ1 23Q2 23: 236 bought or addedQ2 23: 139 cut or sold outQ2 23Q3 23: 223 bought or addedQ3 23: 151 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022216126
Q1 2023208142
Q2 2023236139
Q3 2023223151

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $241.6kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $264.8kQ2 23 puts: $0Q2 23P/C 0.00Q3 23 calls: $128.7kQ3 23 puts: $113.9kQ3 23P/C 0.89
Numbers
QuarterCallsPutsP/C
Q4 2022$0$0—
Q1 2023$241.6k$00.00
Q2 2023$264.8k$00.00
Q3 2023$128.7k$113.9k0.89

Biggest buyers

Charles Schwab Investment Advisory, Inc. Added +1,757,011+1.8m
ALPS ADVISORS INC New +708,985+709.0k
Prism Advisors, Inc. New +181,517+181.5k
OSAIC HOLDINGS, INC. Added +157,814+157.8k
Callan Capital, LLC Added +154,470+154.5k
ENVESTNET ASSET MANAGEMENT INC Added +141,377+141.4k
HighTower Advisors, LLC Added +136,731+136.7k
Pallas Capital Advisors LLC New +136,138+136.1k
Clark Capital Management Group, Inc. Added +125,122+125.1k
McAdam, LLC Added +116,487+116.5k

Biggest sellers

ARCADIA INVESTMENT ADVISORS LLC Reduced -159,939-159.9k
Arlington Financial Advisors, LLC Reduced -159,666-159.7k
Tanglewood Wealth Management, Inc. Reduced -154,208-154.2k
Cerity Partners LLC Reduced -153,808-153.8k
Northwest Bancshares, Inc. Reduced -69,129-69.1k
Arete Wealth Advisors, LLC Reduced -55,464-55.5k
Ashford Advisors, LLC Reduced -51,572-51.6k
Mariner, LLC Reduced -43,685-43.7k
JANE STREET GROUP, LLC Sold out -42,027-42.0k
Lee Financial Co Reduced -37,040-37.0k

Biggest calls

Belvedere Trading LLC New $128.7k2.3k shares

Biggest puts

Belvedere Trading LLC New $111.9k2.0k shares
Cutler Group LLC / CA New $2.0k1.5k shares

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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 10.99% of their portfolio SAN FRANCISCO, CA 124,385,451124.4m $7.0bn $7.0bn 10.99% Added +1.8m +1,757,011
2 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 4.98% of their portfolio LOS ANGELES, CA 2,627,8572.6m $147.1m $147.1m 4.98% Added +56.3k +56,325
3 McAdam, LLC 10.71% of their portfolio Philadelphia, PA 2,333,3082.3m $130.6m $130.6m 10.71% Added +116.5k +116,487
4 Northwest Bancshares, Inc. 21.32% of their portfolio WARREN, PA 1,989,8502.0m $111.4m $111.4m 21.32% Reduced -69.1k -69,129
5 Glassman Wealth Services 13.06% of their portfolio VIENNA, VA 1,444,9511.4m $80.9m $80.9m 13.06% Added +13.0k +12,955
6 Callan Capital, LLC 6.56% of their portfolio LA JOLLA, CA 1,094,7471.1m $61.3m $61.3m 6.56% Added +154.5k +154,470
7 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 968,081968.1k $54.2m $54.2m 0.01% Added +56.9k +56,894
8 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 963,596963.6k $53.9m $53.9m 0.02% Added +141.4k +141,377
9 Lee Financial Co 8.41% of their portfolio Dallas, TX 806,370806.4k $45.1m $45.1m 8.41% Reduced -37.0k -37,040
10 Kelman-Lazarov, Inc. 10.51% of their portfolio MEMPHIS, TN 794,187794.2k $44.5m $44.5m 10.51% Added +16.3k +16,273
11 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 767,525767.5k $43.0m $43.0m 0.01% Added +38.6k +38,592
12 CAPTRUST FINANCIAL ADVISORS 0.16% of their portfolio RALEIGH, NC 744,665744.7k $41.7m $41.7m 0.16% Added +27.9k +27,924
13 Gemmer Asset Management LLC 5.42% of their portfolio WALNUT CREEK, CA 717,222717.2k $40.1m $40.1m 5.42% Added +19.1k +19,079
14 ALPS ADVISORS INC 0.33% of their portfolio Denver, CO 708,985709.0k $39.7m $39.7m 0.33% New
15 Charles Schwab Trust Co 4.44% of their portfolio HENDERSON, NV 703,490703.5k $39.4m $39.4m 4.44% Added +43.5k +43,542
16 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 698,825698.8k $39.1m $39.1m 0.01% Reduced -12.3k -12,273
17 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 670,894670.9k $37.6m $37.6m 0.06% Added +157.8k +157,814
18 Bell Investment Advisors, Inc 8.35% of their portfolio ORINDA, CA 666,196666.2k $37.3m $37.3m 8.35% Added +40.6k +40,565
19 Private Advisor Group, LLC 0.33% of their portfolio MORRISTOWN, NJ 665,905665.9k $37.3m $37.3m 0.33% Added +5.0k +4,995
20 Clark Capital Management Group, Inc. 0.37% of their portfolio PHILADELPHIA, PA 665,409665.4k $37.2m $37.2m 0.37% Added +125.1k +125,122
21 RESTON WEALTH MANAGEMENT LLC 18.14% of their portfolio Reston, VA 641,903641.9k $35.9m $35.9m 18.14% Added +40.3k +40,336
22 Koesten, Hirschmann & Crabtree, INC. 26.66% of their portfolio OVERLAND PARK, KS 608,027608.0k $34.0m $34.0m 26.66% Reduced -3.4k -3,422
23 Ashford Advisors, LLC 10.14% of their portfolio PITTSFORD, NY 576,535576.5k $32.3m $32.3m 10.14% Reduced -51.6k -51,572
24 Cambridge Investment Research Advisors, Inc. 0.15% of their portfolio FAIRFIELD, IA 556,471556.5k $31.1m $31.1m 0.15% Added +27.8k +27,765
25 Tanglewood Wealth Management, Inc. 4.88% of their portfolio HOUSTON, TX 513,862513.9k $28.8m $28.8m 4.88% Reduced -154.2k -154,208
26 UBS Group AG 0.01% of their portfolio ZURICH, V8 466,555466.6k $26.1m $26.1m 0.01% Added +52.4k +52,433
27 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 448,683448.7k $25.1m $25.1m 0.05% Added +136.7k +136,731
28 OXFORD FINANCIAL GROUP, LTD. LLC 2.10% of their portfolio INDIANAPOLIS, IN 430,384430.4k $24.1m $24.1m 2.10% Reduced -11.8k -11,840
29 Leonard Rickey Investment Advisors P.L.L.C. 7.75% of their portfolio YAKIMA, WA 423,417423.4k $23.7m $23.7m 7.75% Added +18.7k +18,727
30 Creative Planning 0.03% of their portfolio OVERLAND PARK, KS 419,486419.5k $23.5m $23.5m 0.03% Added +27.2k +27,228
31 LINCOLN NATIONAL CORP 0.44% of their portfolio RADNOR, PA 392,095392.1k $21.9m $21.9m 0.44% Reduced -13.2k -13,180
32 KAVAR CAPITAL PARTNERS GROUP, LLC 4.58% of their portfolio LEAWOOD, KS 377,464377.5k $21.1m $21.1m 4.58% Added +5.6k +5,635
33 Your Advocates Ltd., LLP 12.19% of their portfolio HOUSTON, TX 364,894364.9k $20.4m $20.4m 12.19% Reduced -9.3k -9,335
34 CAHILL FINANCIAL ADVISORS INC 3.34% of their portfolio EDINA, MN 359,640359.6k $20.1m $20.1m 3.34% Added +18.8k +18,821
35 Resonant Capital Advisors, LLC 2.15% of their portfolio Madison, WI 359,538359.5k $20.1m $20.1m 2.15% Added +3.1k +3,110
36 Arlington Financial Advisors, LLC 6.95% of their portfolio SANTA BARBARA, CA 350,612350.6k $19.6m $19.6m 6.95% Reduced -159.7k -159,666
37 Prairiewood Capital, LLC 12.51% of their portfolio FARGO, ND 344,532344.5k $19.3m $19.3m 12.51% Added +39.9k +39,869
38 Planned Solutions, Inc. 11.48% of their portfolio FOLSOM, CA 341,157341.2k $19.1m $19.1m 11.48% Added +7.0k +7,035
39 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 335,025335.0k $18.8m $18.8m 0.01% Added +45.7k +45,651
40 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 325,859325.9k $18.2m $18.2m 0.04% Added +50.7k +50,714
41 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 324,884324.9k $18.2m $18.2m 0.04% Added +17.0k +17,000
42 Washington Trust Advisors, Inc. 1.82% of their portfolio WELLESLEY, MA 317,372317.4k $17.8m $17.8m 1.82% Reduced -5.3k -5,282
43 Financial Strategies Group, Inc. 5.45% of their portfolio OKEMOS, MI 305,059305.1k $17.3m $17.3m 5.45% Added +5.9k +5,863
44 Kestra Advisory Services, LLC 0.16% of their portfolio AUSTIN, TX 298,160298.2k $16.7m $16.7m 0.16% Added +3.4k +3,448
45 Bartlett & Co. LLC 0.27% of their portfolio CINCINNATI, OH 267,115267.1k $14.9m $14.9m 0.27% Added +371 +371
46 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.27% of their portfolio CINCINNATI, OH 267,115267.1k $15.0m $15.0m 0.27% Added +371 +371
47 MOLLER WEALTH PARTNERS 4.68% of their portfolio NORTHFIELD, IL 262,933262.9k $14.7m $14.7m 4.68% Reduced -2.5k -2,467
48 Firestone Capital Management 4.85% of their portfolio SOUTH MIAMI, FL 253,539253.5k $14.2m $14.2m 4.85% Added +1.2k +1,226
49 CABOT WEALTH MANAGEMENT INC 2.13% of their portfolio BEVERLY, MA 248,809248.8k $13.9m $13.9m 2.13% Reduced -420 -420
50 Tradition Wealth Management, LLC 1.58% of their portfolio EDINA, MN 237,848237.8k $13.3m $13.3m 1.58% Added +439 +439
51 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 227,759227.8k $12.7m $12.7m 0.00% Added +80.9k +80,923
52 ELEVATION WEALTH PARTNERS, LLC 10.62% of their portfolio WALNUT CREEK, CA 219,768219.8k $12.3m $12.3m 10.62% Added +9.8k +9,774
53 Haverford Trust Co 0.15% of their portfolio Radnor, PA 217,669217.7k $12.2m $12.2m 0.15% Added +4.0k +4,020
54 Burt Wealth Advisors 3.63% of their portfolio North Bethesda, MD 210,938210.9k $11.8m $11.8m 3.63% Added +432 +432
55 Mariner, LLC 0.03% of their portfolio Overland Park, KS 193,527193.5k $10.8m $10.8m 0.03% Reduced -43.7k -43,685
56 CPC Advisors, LLC 2.36% of their portfolio Atlanta, GA 190,334190.3k $10.7m $10.7m 2.36% Added +9.3k +9,306
57 Opes Wealth Management LLC 2.83% of their portfolio MENLO PARK, CA 182,582182.6k $10.2m $10.2m 2.83% Reduced -16.7k -16,747
58 Prism Advisors, Inc. 3.56% of their portfolio STUDIO CITY, CA 181,517181.5k $10.2m $10.2m 3.56% New
59 White Pine Investment CO 3.57% of their portfolio LIVONIA, MI 181,197181.2k $10.1m $10.1m 3.57% Reduced -30 -30
60 Systelligence, LLC 2.62% of their portfolio BLOOMINGTON, MN 166,709166.7k $9.3m $9.3m 2.62% Reduced -9.7k -9,738
61 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 165,588165.6k $9.3m $9.3m 0.01% Reduced -19.2k -19,243
62 RHS Financial, LLC 6.25% of their portfolio SAN FRANCISCO, CA 159,720159.7k $8.9m $8.9m 6.25% Reduced -2.2k -2,183
63 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 0.65% of their portfolio ROCHESTER, NY 156,203156.2k $8.7m $8.7m 0.65% Reduced -13.6k -13,596
64 Eagle Strategies LLC 2.01% of their portfolio NEW YORK, NY 146,279146.3k $8.2m $8.2m 2.01% Added +10.0k +10,027
65 Sterling Financial Planning, Inc. 3.93% of their portfolio SPARTA, NJ 137,087137.1k $7.7m $7.7m 3.93% Reduced -332 -332
66 Pallas Capital Advisors LLC 0.45% of their portfolio BRAINTREE, MA 136,138136.1k $7.4m $7.4m 0.45% New
67 Legend Financial Advisors, Inc. 6.29% of their portfolio PITTSBURGH, PA 131,676131.7k $7.4m $7.4m 6.29% Reduced -773 -773
68 Northland Capital Management LLC 4.98% of their portfolio VIRGINIA, MN 131,497131.5k $7.4m $7.4m 4.98% Reduced -34.8k -34,825
69 ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC 3.14% of their portfolio New Cumberland, PA 117,172117.2k $6.6m $6.6m 3.14% Added +109.9k +109,870
70 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 116,980117.0k $6.5m $6.5m 0.01% Added +22.2k +22,177
71 TIEDEMANN ADVISORS, LLC 0.27% of their portfolio NEW YORK, NY 110,497110.5k $6.2m $6.2m 0.27% Reduced -33.8k -33,760
72 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 106,712106.7k $6.0m $6.0m 0.02% Added +73.3k +73,260
73 GREAT VALLEY ADVISOR GROUP, INC. 0.24% of their portfolio WILMINGTON, DE 104,491104.5k $5.8m $5.8m 0.24% Added +61.5k +61,455
74 Journey Advisory Group, LLC 0.85% of their portfolio COVINGTON, KY 101,805101.8k $5.7m $5.7m 0.85% Reduced -2.6k -2,617
75 SCHMIDT P J INVESTMENT MANAGEMENT INC 1.19% of their portfolio CEDARBURG, WI 100,247100.2k $5.6m $5.6m 1.19% Added +16.9k +16,901
76 Kingsview Wealth Management, LLC 0.20% of their portfolio GRANTS PASS, OR 97,82597.8k $5.5m $5.5m 0.20% Added +5.2k +5,160
77 WADE G W & INC 0.20% of their portfolio Wellesley, MA 95,16795.2k $5.3m $5.3m 0.20% Added +4 +4
78 MADISON WEALTH MANAGEMENT 1.10% of their portfolio CINCINNATI, OH 93,51393.5k $5.2m $5.2m 1.10% Added +7.4k +7,426
79 LOWERY THOMAS, LLC 4.75% of their portfolio PEBBLE BEACH, CA 88,72088.7k $5.0m $5.0m 4.75% Added +3.5k +3,491
80 Nicholas Hoffman & Company, LLC. 0.36% of their portfolio ATLANTA, GA 88,13888.1k $4.9m $4.9m 0.36% Added +6.7k +6,685
81 FOSTER & MOTLEY INC 0.40% of their portfolio CINCINNATI, OH 88,00588.0k $4.9m $4.9m 0.40% Reduced -5.2k -5,167
82 CIDEL ASSET MANAGEMENT INC 0.24% of their portfolio TORONTO, A6 84,87184.9k $4.8m $4.8m 0.24% Added +1.3k +1,253
83 Certified Advisory Corp 0.86% of their portfolio ALTAMONTE SPRINGS, FL 83,08183.1k $4.7m $4.7m 0.86% Added +16.1k +16,139
84 Verum Partners LLC 2.07% of their portfolio CHARLOTTE, NC 82,77082.8k $4.6m $4.6m 2.07% Added +7.1k +7,125
85 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 80,55880.6k $4.5m $4.5m 0.04% Added +12.9k +12,880
86 Meridian Wealth Management, LLC 0.27% of their portfolio LEXINGTON, KY 79,55079.5k $4.5m $4.5m 0.27% New
87 LEAVELL INVESTMENT MANAGEMENT, INC. 0.31% of their portfolio MOBILE, AL 79,41079.4k $4.4m $4.4m 0.31% Added +22.3k +22,330
88 ACCESS FINANCIAL SERVICES, INC. 2.65% of their portfolio MINNEAPOLIS, MN 79,18879.2k $4.4m $4.4m 2.65% Added +2.3k +2,334
89 COLLECTIVE FAMILY OFFICE LLC 1.61% of their portfolio YORK, PA 73,73873.7k $4.1m $4.1m 1.61% Reduced -2.5k -2,490
90 Pacific Wealth Strategies Group, Inc. 4.34% of their portfolio SANTA BARBARA, CA 73,58373.6k $4.1m $4.1m 4.34% Added +11.7k +11,664
91 PEAPACK GLADSTONE FINANCIAL CORP 0.08% of their portfolio BEDMINSTER, NJ 73,05873.1k $4.1m $4.1m 0.08% Added +3.8k +3,750
92 Ironwood Investment Counsel, LLC 0.84% of their portfolio SCOTTSDALE, AZ 71,61971.6k $4.0m $4.0m 0.84% Added +2.8k +2,763
93 Shakespeare Wealth Management, LLC 1.40% of their portfolio Pewaukee, WI 71,44271.4k $4.0m $4.0m 1.40% Unchanged
94 Red Tortoise LLC 2.57% of their portfolio ATLANTA, GA 68,54868.5k $3.8m $3.8m 2.57% Added +1.9k +1,893
95 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 68,25368.3k $3.8m $3.8m 0.02% Added +4.9k +4,877
96 Avant Capital LLC 4.36% of their portfolio LAFAYETTE, LA 68,19968.2k $3.8m $3.8m 4.36% Added +913 +913
97 DROMS STRAUSS ADVISORS INC /MO/ /ADV 1.62% of their portfolio ST. LOUIS, MO 67,25767.3k $3.8m $3.8m 1.62% Reduced -832 -832
98 R. W. Roge & Company, Inc. 2.68% of their portfolio BOHEMIA, NY 66,82966.8k $3.6m $3.6m 2.68% Reduced -666 -666
99 CVA Family Office, LLC 0.84% of their portfolio DENVER, CO 65,83265.8k $3.7m $3.7m 0.84% Added +8 +8
100 EXENCIAL WEALTH ADVISORS, LLC 0.18% of their portfolio OKLAHOMA CITY, OK 65,23465.2k $3.7m $3.7m 0.18% Reduced -107 -107