Vault-13

SCHWAB STRATEGIC TR FNDX

FUNDAMENTAL US L · ETP · CUSIP 808524771

482 institutional holders +67 vs Q3 2023
176,669,698176.7m shares reported held*
$10.9bnreported value*
70 new 190 added 124 reduced 31 sold out net bought ≈ $525.2m (+8.5m 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 ≈ $61.93. Options: 2 managers hold calls ($353.1k notional), 2 hold puts ($130.1k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 356Q4 22: 388Q1 23: 387Q2 23: 415Q3 23: 415Q4 23: 482482Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022356
Q4 2022388
Q1 2023387
Q2 2023415
Q3 2023415
Q4 2023482

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 23Q4 23: 260 bought or addedQ4 23: 155 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022216126
Q1 2023208142
Q2 2023236139
Q3 2023223151
Q4 2023260155

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ1 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 0.89Q4 23 calls: $353.1kQ4 23 puts: $130.1kQ4 23P/C 0.37
Numbers
QuarterCallsPutsP/C
Q1 2023$241.6k$00.00
Q2 2023$264.8k$00.00
Q3 2023$128.7k$113.9k0.89
Q4 2023$353.1k$130.1k0.37

Biggest buyers

CAPTRUST FINANCIAL ADVISORS Added +2,069,403+2.1m
Charles Schwab Investment Advisory, Inc. Added +1,131,337+1.1m
MORGAN STANLEY Added +1,013,311+1.0m
Cetera Advisor Networks LLC Added +442,176+442.2k
KAVAR CAPITAL PARTNERS GROUP, LLC Added +406,784+406.8k
AMERIPRISE FINANCIAL INC Added +266,653+266.7k
Pasadena Private Wealth, LLC New +220,621+220.6k
ENVESTNET ASSET MANAGEMENT INC Added +189,244+189.2k
Strata Wealth Advisors, LLC Added +176,838+176.8k
BANK OF AMERICA CORP /DE/ Added +172,141+172.1k

Biggest sellers

Your Advocates Ltd., LLP Reduced -92,336-92.3k
Rollins Financial Sold out -49,488-49.5k
OSAIC HOLDINGS, INC. Reduced -49,315-49.3k
Meridian Wealth Management, LLC Reduced -39,797-39.8k
GREAT VALLEY ADVISOR GROUP, INC. Reduced -32,994-33.0k
ROYAL BANK OF CANADA Reduced -24,555-24.6k
Washington Trust Advisors, Inc. Reduced -20,783-20.8k
Consolidated Portfolio Review Corp Reduced -14,270-14.3k
Consilium Wealth Advisory, LLC Sold out -12,446-12.4k
Sigma Planning Corp Reduced -12,432-12.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $260.1k4.2k shares
Belvedere Trading LLC Reduced $92.9k1.5k shares

Biggest puts

Belvedere Trading LLC Added $130.1k2.1k shares
Cutler Group LLC / CA Unchanged $01.5k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 11.17% of their portfolio SAN FRANCISCO, CA 125,516,788125.5m $7.8bn $7.8bn 11.17% Added +1.1m +1,131,337
2 CAPTRUST FINANCIAL ADVISORS 0.60% of their portfolio RALEIGH, NC 2,814,0682.8m $174.3m $174.3m 0.60% Added +2.1m +2,069,403
3 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 4.95% of their portfolio LOS ANGELES, CA 2,717,2542.7m $168.3m $168.3m 4.95% Added +89.4k +89,397
4 McAdam, LLC 10.87% of their portfolio Philadelphia, PA 2,432,8422.4m $150.7m $150.7m 10.87% Added +99.5k +99,534
5 Northwest Bancshares, Inc. 23.08% of their portfolio WARREN, PA 2,043,7132.0m $126.6m $126.6m 23.08% Added +53.9k +53,863
6 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,981,3922.0m $122.7m $122.7m 0.01% Added +1.0m +1,013,311
7 Steele Capital Management, Inc. 7.73% of their portfolio DUBUQUE, IA 1,918,3931.9m $118.8m $118.8m 7.73% First filing
8 Glassman Wealth Services 12.81% of their portfolio VIENNA, VA 1,461,1701.5m $90.5m $90.5m 12.81% Added +16.2k +16,219
9 Callan Capital, LLC 7.07% of their portfolio LA JOLLA, CA 1,209,0741.2m $74.9m $74.9m 7.07% Added +114.3k +114,327
10 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,152,8401.2m $71.4m $71.4m 0.03% Added +189.2k +189,244
11 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 965,478965.5k $59.8m $59.8m 0.02% Added +266.7k +266,653
12 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 939,666939.7k $58.2m $58.2m 0.01% Added +172.1k +172,141
13 Lee Financial Co 8.86% of their portfolio Dallas, TX 815,642815.6k $50.5m $50.5m 8.86% Added +9.3k +9,272
14 Kelman-Lazarov, Inc. 10.64% of their portfolio MEMPHIS, TN 793,466793.5k $49.1m $49.1m 10.64% Reduced -721 -721
15 KAVAR CAPITAL PARTNERS GROUP, LLC 5.43% of their portfolio LEAWOOD, KS 784,248784.2k $48.6m $48.6m 5.43% Added +406.8k +406,784
16 Charles Schwab Trust Co 4.59% of their portfolio HENDERSON, NV 752,463752.5k $46.6m $46.6m 4.59% Added +49.0k +48,973
17 Clark Capital Management Group, Inc. 0.38% of their portfolio PHILADELPHIA, PA 750,964751.0k $46.5m $46.5m 0.38% Added +85.6k +85,555
18 Gemmer Asset Management LLC 5.53% of their portfolio WALNUT CREEK, CA 727,469727.5k $45.1m $45.1m 5.53% Added +10.2k +10,247
19 Bell Investment Advisors, Inc 9.18% of their portfolio ORINDA, CA 722,640722.6k $44.8m $44.8m 9.18% Added +56.4k +56,444
20 ALPS ADVISORS INC 0.34% of their portfolio Denver, CO 707,830707.8k $43.8m $43.8m 0.34% Reduced -1.2k -1,155
21 Tanglewood Wealth Management, Inc. 5.01% of their portfolio HOUSTON, TX 660,992661.0k $40.9m $40.9m 5.01% Added +147.1k +147,130
22 Private Advisor Group, LLC 0.32% of their portfolio MORRISTOWN, NJ 657,445657.4k $40.7m $40.7m 0.32% Reduced -8.5k -8,460
23 RESTON WEALTH MANAGEMENT LLC 18.03% of their portfolio Reston, VA 636,011636.0k $39.4m $39.4m 18.03% Reduced -5.9k -5,892
24 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 621,579621.6k $38.5m $38.5m 0.07% Reduced -49.3k -49,315
25 Koesten, Hirschmann & Crabtree, INC. 25.63% of their portfolio OVERLAND PARK, KS 595,641595.6k $36.9m $36.9m 25.63% Reduced -12.4k -12,386
26 Ashford Advisors, LLC 9.79% of their portfolio PITTSFORD, NY 571,201571.2k $35.4m $35.4m 9.79% Reduced -5.3k -5,334
27 Cambridge Investment Research Advisors, Inc. 0.15% of their portfolio FAIRFIELD, IA 549,476549.5k $34.0m $34.0m 0.15% Reduced -7.0k -6,995
28 UBS Group AG 0.01% of their portfolio ZURICH, V8 502,751502.8k $31.1m $31.1m 0.01% Added +36.2k +36,196
29 Cetera Advisor Networks LLC 0.17% of their portfolio EL SEGUNDO, CA 492,432492.4k $30.5m $30.5m 0.17% Added +442.2k +442,176
30 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 472,583472.6k $29.3m $29.3m 0.05% Added +23.9k +23,900
31 Leonard Rickey Investment Advisors P.L.L.C. 8.00% of their portfolio YAKIMA, WA 435,502435.5k $27.0m $27.0m 8.00% Added +12.1k +12,085
32 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 420,767420.8k $26.1m $26.1m 0.05% Added +1.3k +1,281
33 OXFORD FINANCIAL GROUP, LTD. LLC 1.93% of their portfolio INDIANAPOLIS, IN 420,705420.7k $26.1m $26.1m 1.93% Reduced -9.7k -9,679
34 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 406,176406.2k $25.2m $25.2m 0.02% Added +71.2k +71,151
35 LINCOLN NATIONAL CORP 0.42% of their portfolio RADNOR, PA 390,057390.1k $24.2m $24.2m 0.42% Reduced -2.0k -2,038
36 CAHILL FINANCIAL ADVISORS INC 3.51% of their portfolio EDINA, MN 383,493383.5k $23.8m $23.8m 3.51% Added +23.9k +23,853
37 Prairiewood Capital, LLC 12.05% of their portfolio FARGO, ND 374,797374.8k $23.2m $23.2m 12.05% Added +30.3k +30,265
38 Resonant Capital Advisors, LLC 2.19% of their portfolio Madison, WI 365,229365.2k $22.6m $22.6m 2.19% Added +5.7k +5,691
39 Arlington Financial Advisors, LLC 6.52% of their portfolio SANTA BARBARA, CA 352,140352.1k $21.8m $21.8m 6.52% Added +1.5k +1,528
40 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 350,284350.3k $21.7m $21.7m 0.04% Added +25.4k +25,400
41 Planned Solutions, Inc. 9.88% of their portfolio FOLSOM, CA 340,884340.9k $21.1m $21.1m 9.88% Reduced -273 -273
42 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 321,148321.1k $19.9m $19.9m 0.04% Reduced -4.7k -4,711
43 Financial Strategies Group, Inc. 5.42% of their portfolio OKEMOS, MI 305,057305.1k $19.0m $19.0m 5.42% Reduced -2 -2
44 Washington Trust Advisors, Inc. 1.76% of their portfolio WELLESLEY, MA 296,589296.6k $18.4m $18.4m 1.76% Reduced -20.8k -20,783
45 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 292,670292.7k $18.1m $18.1m 0.15% Reduced -5.5k -5,490
46 MOLLER WEALTH PARTNERS 4.79% of their portfolio NORTHFIELD, IL 274,444274.4k $17.0m $17.0m 4.79% Added +11.5k +11,511
47 Bartlett & Co. LLC 0.28% of their portfolio CINCINNATI, OH 273,566273.6k $17.0m $17.0m 0.28% Added +6.5k +6,451
48 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.28% of their portfolio CINCINNATI, OH 273,566273.6k $17.0m $17.0m 0.28% Added +6.5k +6,451
49 Your Advocates Ltd., LLP 6.79% of their portfolio HOUSTON, TX 272,558272.6k $16.9m $16.9m 6.79% Reduced -92.3k -92,336
50 Tradition Wealth Management, LLC 1.70% of their portfolio EDINA, MN 262,850262.9k $16.3m $16.3m 1.70% Added +25.0k +25,002
51 Firestone Capital Management 4.85% of their portfolio SOUTH MIAMI, FL 254,100254.1k $15.7m $15.7m 4.85% Added +561 +561
52 CABOT WEALTH MANAGEMENT INC 2.13% of their portfolio BEVERLY, MA 247,670247.7k $15.3m $15.3m 2.13% Reduced -1.1k -1,139
53 Haverford Trust Co 0.17% of their portfolio Radnor, PA 240,452240.5k $14.9m $14.9m 0.17% Added +22.8k +22,783
54 Mariner, LLC 0.03% of their portfolio Overland Park, KS 226,991227.0k $14.1m $14.1m 0.03% Added +33.5k +33,464
55 Pasadena Private Wealth, LLC 3.34% of their portfolio PASADENA, CA 220,621220.6k $13.7m $13.7m 3.34% New
56 ELEVATION WEALTH PARTNERS, LLC 7.39% of their portfolio WALNUT CREEK, CA 219,653219.7k $12.3m $12.3m 7.39% Reduced -115 -115
57 Burt Wealth Advisors 3.75% of their portfolio North Bethesda, MD 212,257212.3k $13.1m $13.1m 3.75% Added +1.3k +1,319
58 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 203,204203.2k $12.6m $12.6m 0.00% Reduced -24.6k -24,555
59 CPC Advisors, LLC 2.27% of their portfolio Atlanta, GA 196,781196.8k $12.2m $12.2m 2.27% Added +6.4k +6,447
60 Systelligence, LLC 3.32% of their portfolio BLOOMINGTON, MN 196,338196.3k $12.2m $12.2m 3.32% Added +29.6k +29,629
61 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 196,219196.2k $12.3m $12.3m 0.06% Added +133.3k +133,337
62 Strata Wealth Advisors, LLC 4.76% of their portfolio DALLAS, TX 195,292195.3k $12.1m $12.1m 4.76% Added +176.8k +176,838
63 White Pine Investment CO 3.70% of their portfolio LIVONIA, MI 185,172185.2k $11.5m $11.5m 3.70% Added +4.0k +3,975
64 Opes Wealth Management LLC 2.59% of their portfolio MENLO PARK, CA 174,305174.3k $10.8m $10.8m 2.59% Reduced -8.3k -8,277
65 Prism Advisors, Inc. 3.43% of their portfolio STUDIO CITY, CA 171,778171.8k $10.6m $10.6m 3.43% Reduced -9.7k -9,739
66 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 171,645171.6k $10.6m $10.6m 0.04% Added +140.1k +140,134
67 Wealth Forward, LLC 8.77% of their portfolio FARGO, ND 167,684167.7k $10.4m $10.4m 8.77% First filing
68 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 166,333166.3k $10.3m $10.3m 0.01% Added +745 +745
69 RHS Financial, LLC 6.41% of their portfolio SAN FRANCISCO, CA 163,431163.4k $10.1m $10.1m 6.41% Added +3.7k +3,711
70 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 0.63% of their portfolio ROCHESTER, NY 155,237155.2k $9.6m $9.6m 0.63% Reduced -966 -966
71 Eagle Strategies LLC 2.00% of their portfolio NEW YORK, NY 150,503150.5k $9.3m $9.3m 2.00% Added +4.2k +4,224
72 Pallas Capital Advisors LLC 0.49% of their portfolio BRAINTREE, MA 148,501148.5k $9.2m $9.2m 0.49% Added +12.4k +12,363
73 Cedar Point Capital Partners, LLC 7.51% of their portfolio Cedar Rapids, IA 146,534146.5k $9.1m $9.1m 7.51% First filing
74 ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC 3.66% of their portfolio New Cumberland, PA 144,520144.5k $9.0m $9.0m 3.66% Added +27.3k +27,348
75 Sterling Financial Planning, Inc. 3.73% of their portfolio SPARTA, NJ 138,966139.0k $8.6m $8.6m 3.73% Added +1.9k +1,879
76 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 138,066138.1k $8.6m $8.6m 0.01% Added +21.1k +21,086
77 Northland Capital Management LLC 5.51% of their portfolio VIRGINIA, MN 133,085133.1k $8.2m $8.2m 5.51% Added +1.6k +1,588
78 AlTi Global, Inc. 0.25% of their portfolio NEW YORK, NY 130,943130.9k $8.1m $8.1m 0.25% First filing
79 Legend Financial Advisors, Inc. 6.51% of their portfolio PITTSBURGH, PA 130,681130.7k $8.1m $8.1m 6.51% Reduced -995 -995
80 U.S. Capital Wealth Advisors, LLC 0.32% of their portfolio AUSTIN, TX 129,864129.9k $8.0m $8.0m 0.32% Added +78.0k +77,962
81 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 123,763123.8k $7.7m $7.7m 0.01% Added +69.3k +69,339
82 Masso Torrence Wealth Management Inc. 5.07% of their portfolio MARLTON, NJ 119,864119.9k $7.4m $7.4m 5.07% New
83 Verum Partners LLC 2.79% of their portfolio CHARLOTTE, NC 114,044114.0k $7.1m $7.1m 2.79% Added +31.3k +31,274
84 WADE G W & INC 0.21% of their portfolio Wellesley, MA 102,617102.6k $6.4m $6.4m 0.21% Added +7.5k +7,450
85 Journey Advisory Group, LLC 0.85% of their portfolio COVINGTON, KY 100,648100.6k $6.2m $6.2m 0.85% Reduced -1.2k -1,157
86 Nicholas Hoffman & Company, LLC. 0.37% of their portfolio ATLANTA, GA 100,552100.6k $6.2m $6.2m 0.37% Added +12.4k +12,414
87 SCHMIDT P J INVESTMENT MANAGEMENT INC 1.23% of their portfolio CEDARBURG, WI 98,75798.8k $6.2m $6.2m 1.23% Reduced -1.5k -1,490
88 Lakewood Asset Management LLC 4.74% of their portfolio NAPERVILLE, IL 98,44398.4k $6.1m $6.1m 4.74% Added +39.0k +38,982
89 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 98,38498.4k $6.1m $6.1m 0.02% Reduced -8.3k -8,328
90 PRINCIPAL SECURITIES, INC. 0.23% of their portfolio DES MOINES, IA 98,33498.3k $6.1m $6.1m 0.23% First filing
91 ACCESS FINANCIAL SERVICES, INC. 3.10% of their portfolio MINNEAPOLIS, MN 97,17397.2k $6.0m $6.0m 3.10% Added +18.0k +17,985
92 LOWERY THOMAS, LLC 5.15% of their portfolio PEBBLE BEACH, CA 96,91196.9k $6.0m $6.0m 5.15% Added +8.2k +8,191
93 Kingsview Wealth Management, LLC 0.18% of their portfolio GRANTS PASS, OR 96,56696.6k $6.0m $6.0m 0.18% Reduced -1.3k -1,259
94 AA Financial Advisors, LLC 3.95% of their portfolio Columbus, OH 95,89595.9k $5.9m $5.9m 3.95% First filing
95 FOSTER & MOTLEY INC 0.42% of their portfolio CINCINNATI, OH 92,32692.3k $5.7m $5.7m 0.42% Added +4.3k +4,321
96 Certified Advisory Corp 0.86% of their portfolio ALTAMONTE SPRINGS, FL 91,08591.1k $5.6m $5.6m 0.86% Added +8.0k +8,004
97 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 90,74790.7k $5.6m $5.6m 0.05% Added +10.2k +10,189
98 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 89,41789.4k $5.5m $5.5m 0.01% Added +38.9k +38,874
99 Quadcap Wealth Management, LLC 1.41% of their portfolio Frisco, TX 88,06788.1k $5.5m $5.5m 1.41% First filing
100 Bruce G. Allen Investments, LLC 4.84% of their portfolio DENVER, CO 85,79685.8k $5.3m $5.3m 4.84% First filing