Vault-13

SCHWAB STRATEGIC TR FNDX

FUNDAMENTAL US L · ETP · CUSIP 808524771

837 institutional holders +53 vs Q1 2026
655,000,941655.0m shares reported held*
$20.4bnreported value*
100 new 337 added 217 reduced 43 sold out net sold ≈ $809.6m (-25.8m 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 ($5.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $31.09.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 356Q4 22: 388Q1 23: 387Q2 23: 415Q3 23: 415Q4 23: 482Q1 24: 502Q2 24: 536Q3 24: 570Q4 24: 627Q1 25: 639Q2 25: 666Q3 25: 698Q4 25: 751Q1 26: 784Q2 26: 837837Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022356
Q4 2022388
Q1 2023387
Q2 2023415
Q3 2023415
Q4 2023482
Q1 2024502
Q2 2024536
Q3 2024570
Q4 2024627
Q1 2025639
Q2 2025666
Q3 2025698
Q4 2025751
Q1 2026784
Q2 2026837

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 24: 324 bought or addedQ3 24: 169 cut or sold outQ4 24: 316 bought or addedQ4 24: 194 cut or sold outQ4 24Q1 25: 352 bought or addedQ1 25: 209 cut or sold outQ2 25: 343 bought or addedQ2 25: 233 cut or sold outQ2 25Q3 25: 331 bought or addedQ3 25: 257 cut or sold outQ4 25: 375 bought or addedQ4 25: 220 cut or sold outQ4 25Q1 26: 419 bought or addedQ1 26: 243 cut or sold outQ2 26: 437 bought or addedQ2 26: 260 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024324169
Q4 2024316194
Q1 2025352209
Q2 2025343233
Q3 2025331257
Q4 2025375220
Q1 2026419243
Q2 2026437260

Biggest buyers

KEYBANK NATIONAL ASSOCIATION/OH Added +2,814,396+2.8m
Cambridge Investment Research Advisors, Inc. Added +2,381,906+2.4m
McAdam, LLC Added +1,561,245+1.6m
BlueStem Wealth Partners, LLC Added +1,542,111+1.5m
CAPTRUST FINANCIAL ADVISORS Added +1,350,281+1.4m
DAVENPORT & Co LLC Added +854,400+854.4k
Eagle Strategies LLC Added +766,545+766.5k
Arax Advisory Partners Added +758,898+758.9k
OSAIC HOLDINGS, INC. Added +745,040+745.0k
Bank of New York Mellon Corp Added +566,994+567.0k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -44,452,895-44.5m
Private Advisor Group, LLC Reduced -1,914,539-1.9m
OLD NATIONAL BANCORP /IN/ Reduced -1,119,340-1.1m
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC Reduced -952,317-952.3k
Corient Private Wealth LP Reduced -609,962-610.0k
Northwest Bancshares, Inc. Reduced -532,386-532.4k
Merit Financial Group, LLC Reduced -317,520-317.5k
ARQ WEALTH ADVISORS, LLC Reduced -191,700-191.7k
Mariner, LLC Reduced -164,717-164.7k
BNP PARIBAS FINANCIAL MARKETS Sold out -150,000-150.0k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.55% of their portfolio SAN FRANCISCO, CA 374,969,727375.0m $11.7bn $11.7bn 1.55% Reduced -44.5m -44,452,895
2 CAPTRUST FINANCIAL ADVISORS 1.37% of their portfolio RALEIGH, NC 28,845,76828.8m $897.1m $897.1m 1.37% Added +1.4m +1,350,281
3 KEYBANK NATIONAL ASSOCIATION/OH 1.56% of their portfolio BROOKLYN, OH 15,268,86815.3m $474.9m $474.9m 1.56% Added +2.8m +2,814,396
4 McAdam, LLC 13.13% of their portfolio Philadelphia, PA 10,931,51810.9m $340.0m $340.0m 13.13% Added +1.6m +1,561,245
5 Boulay Financial Advisors, LLC 28.06% of their portfolio EDEN PRAIRIE, MN 9,744,0929.7m $303.0m $303.0m 28.06% Added +176.2k +176,225
6 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 8,536,4358.5m $265.5m $265.5m 0.05% Added +372.1k +372,051
7 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 4.18% of their portfolio LOS ANGELES, CA 7,473,3547.5m $232.4m $232.4m 4.18% Reduced -952.3k -952,317
8 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 7,039,2457.0m $218.9m $218.9m 0.05% Added +416.8k +416,802
9 Steele Capital Management, Inc. 7.35% of their portfolio DUBUQUE, IA 6,423,4076.4m $199.8m $199.8m 7.35% Added +123.3k +123,253
10 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 6,260,6536.3m $194.7m $194.7m 0.04% Added +435.4k +435,438
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,908,7815.9m $183.8m $183.8m 0.01% Added +472.4k +472,446
12 Glassman Wealth Services 17.17% of their portfolio VIENNA, VA 4,609,2294.6m $143.3m $143.3m 17.17% Reduced -62.7k -62,675
13 Cambridge Investment Research Advisors, Inc. 0.16% of their portfolio FAIRFIELD, IA 4,557,2704.6m $141.7m $141.7m 0.16% Added +2.4m +2,381,906
14 Cetera Investment Advisers 0.12% of their portfolio SCHAUMBURG, IL 4,116,3044.1m $128.0m $128.0m 0.12% Added +224.9k +224,866
15 Charles Schwab Trust Co 6.26% of their portfolio HENDERSON, NV 3,606,7253.6m $112.2m $112.2m 6.26% Added +387.9k +387,946
16 Northwest Bancshares, Inc. 19.27% of their portfolio WARREN, PA 3,442,1303.4m $107.1m $107.1m 19.27% Reduced -532.4k -532,386
17 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,386,6603.4m $105.3m $105.3m 0.01% Added +242.4k +242,438
18 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 3,196,7113.2m $99.4m $99.4m 0.02% Added +567.0k +566,994
19 AlphaCore Capital LLC 1.68% of their portfolio LA JOLLA, CA 2,922,1722.9m $90.9m $90.9m 1.68% Reduced -128.2k -128,213
20 QUADRANT CAPITAL GROUP LLC 2.31% of their portfolio CINCINNATI, OH 2,707,2652.7m $84.2m $84.2m 2.31% Added +2.6k +2,580
21 Gemmer Asset Management LLC 5.62% of their portfolio WALNUT CREEK, CA 2,688,1262.7m $83.6m $83.6m 5.62% Added +4.5k +4,524
22 Clark Capital Management Group, Inc. 0.46% of their portfolio PHILADELPHIA, PA 2,684,6762.7m $83.5m $83.5m 0.46% Added +190.0k +190,007
23 RESTON WEALTH MANAGEMENT LLC 19.83% of their portfolio Reston, VA 2,366,0342.4m $73.6m $73.6m 19.83% Added +36.4k +36,444
24 BlueStem Wealth Partners, LLC 7.31% of their portfolio MINNETONKA, MN 2,361,4452.4m $73.4m $73.4m 7.31% Added +1.5m +1,542,111
25 Kelman-Lazarov, Inc. 9.58% of their portfolio MEMPHIS, TN 2,350,2022.4m $73.1m $73.1m 9.58% Reduced -21.0k -20,986
26 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 2,254,2932.3m $70.1m $70.1m 0.07% Added +229.5k +229,517
27 Bell Investment Advisors, Inc 10.06% of their portfolio ORINDA, CA 2,202,6912.2m $68.5m $68.5m 10.06% Added +24.1k +24,136
28 Creative Planning 0.04% of their portfolio OVERLAND PARK, KS 2,178,8262.2m $67.8m $67.8m 0.04% Added +9.7k +9,654
29 Lee Financial Co 8.65% of their portfolio Dallas, TX 2,177,0382.2m $67.7m $67.7m 8.65% Reduced -6.6k -6,641
30 True North Advisors, LLC 6.37% of their portfolio Dallas, TX 2,140,8792.1m $66.6m $66.6m 6.37% Added +67.0k +67,040
31 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,064,7452.1m $64.2m $64.2m 0.01% Reduced -81.0k -81,031
32 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 2,046,0102.0m $63.6m $63.6m 0.07% Added +745.0k +745,040
33 Prairiewood Capital, LLC 15.91% of their portfolio FARGO, ND 1,973,7372.0m $61.4m $61.4m 15.91% Added +59.0k +58,960
34 DAVENPORT & Co LLC 0.31% of their portfolio RICHMOND, VA 1,959,4982.0m $60.9m $60.9m 0.31% Added +854.4k +854,400
35 Ashford Advisors, LLC 11.73% of their portfolio PITTSFORD, NY 1,828,2541.8m $56.9m $56.9m 11.73% Reduced -7.1k -7,139
36 Eagle Strategies LLC 5.61% of their portfolio NEW YORK, NY 1,814,2961.8m $56.4m $56.4m 5.61% Added +766.5k +766,545
37 Cornerstone Planning Group LLC 6.94% of their portfolio FAIRFIELD, NJ 1,742,8731.7m $55.1m $55.1m 6.94% Added +46.7k +46,661
38 Tanglewood Wealth Management, Inc. 4.55% of their portfolio HOUSTON, TX 1,719,6461.7m $53.5m $53.5m 4.55% Added +17.1k +17,092
39 Koesten, Hirschmann & Crabtree, INC. 21.94% of their portfolio OVERLAND PARK, KS 1,694,6331.7m $52.7m $52.7m 21.94% Reduced -10.1k -10,121
40 KAVAR CAPITAL PARTNERS GROUP, LLC 6.33% of their portfolio LEAWOOD, KS 1,650,7961.7m $51.3m $51.3m 6.33% Added +56.5k +56,498
41 Leonard Rickey Investment Advisors P.L.L.C. 7.47% of their portfolio YAKIMA, WA 1,530,2151.5m $47.6m $47.6m 7.47% Added +30.2k +30,212
42 Focus Partners Wealth 0.05% of their portfolio ST LOUIS, MO 1,464,9871.5m $45.6m $45.6m 0.05% Reduced -10.7k -10,740
43 Resonant Capital Advisors, LLC 2.12% of their portfolio Madison, WI 1,424,7661.4m $44.3m $44.3m 2.12% Reduced -40.5k -40,489
44 Urban Financial Advisory Corp 10.36% of their portfolio CHICAGO, IL 1,208,4061.2m $37.6m $37.6m 10.36% Added +130.2k +130,192
45 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 1,152,2221.2m $35.8m $35.8m 0.05% Reduced -53.4k -53,388
46 Belpointe Asset Management LLC 1.17% of their portfolio RENO, NV 1,148,3431.1m $35.7m $35.7m 1.17% Added +3.9k +3,927
47 Fortis Capital Advisors, LLC 4.02% of their portfolio PRAIRIE VILLAGE, KS 1,148,3431.1m $35.7m $35.7m 4.02% Added +3.9k +3,927
48 GREAT VALLEY ADVISOR GROUP, INC. 0.55% of their portfolio WILMINGTON, DE 1,119,6581.1m $34.8m $34.8m 0.55% Reduced -18.6k -18,585
49 PTM WEALTH MANAGEMENT, LLC 15.78% of their portfolio NORTH WALES, PA 1,111,6141.1m $35.0m $35.0m 15.78% Added +59.7k +59,714
50 Wealthspire Retirement, LLC 1.89% of their portfolio ALISO VIEJO, CA 1,110,0241.1m $34.5m $34.5m 1.89% Added +155.2k +155,250
51 Mariner, LLC 0.04% of their portfolio Overland Park, KS 1,092,0031.1m $34.0m $34.0m 0.04% Reduced -164.7k -164,717
52 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,061,4981.1m $33.0m $33.0m 0.01% Added +373.3k +373,266
53 Planned Solutions, Inc. 9.25% of their portfolio FOLSOM, CA 1,034,1021.0m $32.2m $32.2m 9.25% Reduced -9.4k -9,365
54 Richardson Capital Management LLC 13.72% of their portfolio MENOMONEE FALLS, WI 1,032,2531.0m $32.1m $32.1m 13.72% Added +25.4k +25,428
55 EP Wealth Advisors, LLC 0.12% of their portfolio TORRANCE, CA 1,009,7351.0m $31.4m $31.4m 0.12% Added +470.9k +470,896
56 ALLEN WEALTH MANAGEMENT, LLC 15.23% of their portfolio Boone, NC 1,005,8441.0m $31.3m $31.3m 15.23% Added +43.7k +43,737
57 Berman McAleer LLC 3.55% of their portfolio TIMONIUM, MD 985,797985.8k $30.7m $30.7m 3.55% Reduced -1.8k -1,812
58 Certified Advisory Corp 2.46% of their portfolio ALTAMONTE SPRINGS, FL 979,820979.8k $30.5m $30.5m 2.46% Added +97.5k +97,542
59 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 960,732960.7k $29.9m $29.9m 0.01% Added +267.5k +267,462
60 MOLLER WEALTH PARTNERS 5.39% of their portfolio NORTHFIELD, IL 958,661958.7k $29.8m $29.8m 5.39% Reduced -2.4k -2,385
61 TruNorth Capital Management, LLC 4.74% of their portfolio KALAMAZOO, MI 949,267949.3k $29.5m $29.5m 4.74% Added +60.4k +60,357
62 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 948,393948.4k $29.5m $29.5m 0.02% Added +206.4k +206,352
63 Solitude Financial Services 8.15% of their portfolio CHARLOTTESVILLE, VA 945,622945.6k $29.4m $29.4m 8.15% Added +9.9k +9,915
64 Financial Strategies Group, Inc. 4.74% of their portfolio OKEMOS, MI 942,592942.6k $29.8m $29.8m 4.74% Added +15.2k +15,190
65 NorthCoast Asset Management LLC 0.62% of their portfolio STAMFORD, CT 893,291893.3k $27.8m $27.8m 0.62% Added +79.7k +79,685
66 Pasadena Private Wealth, LLC 3.45% of their portfolio PASADENA, CA 868,323868.3k $27.0m $27.0m 3.45% Reduced -4.7k -4,731
67 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 865,941865.9k $26.9m $26.9m 0.03% Added +549.0k +549,038
68 Haverford Trust Co 0.23% of their portfolio Radnor, PA 838,768838.8k $26.1m $26.1m 0.23% Reduced -61.4k -61,412
69 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.32% of their portfolio CINCINNATI, OH 834,467834.5k $26.0m $26.0m 0.32% Reduced -39.1k -39,072
70 CPC Advisors, LLC 3.48% of their portfolio Atlanta, GA 828,961829.0k $25.8m $25.8m 3.48% Reduced -8.4k -8,410
71 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 805,802805.8k $25.1m $25.1m 0.03% Added +133.7k +133,742
72 Firestone Capital Management 4.54% of their portfolio SOUTH MIAMI, FL 783,413783.4k $24.4m $24.4m 4.54% Added +6.7k +6,700
73 Arax Advisory Partners 0.16% of their portfolio NEW YORK, NY 781,859781.9k $24.3m $24.3m 0.16% Added +758.9k +758,898
74 TUDOR INVESTMENT CORP ET AL 0.10% of their portfolio STAMFORD, CT 778,467778.5k $24.2m $24.2m 0.10% Added +397.0k +396,984
75 MAI Capital Management 0.09% of their portfolio INDEPENDENCE, OH 761,166761.2k $23.7m $23.7m 0.09% Added +55.3k +55,284
76 Your Advocates Ltd., LLP 6.71% of their portfolio HOUSTON, TX 754,822754.8k $23.5m $23.5m 6.71% Reduced -13.3k -13,334
77 ELEVATION WEALTH PARTNERS, LLC 6.97% of their portfolio WALNUT CREEK, CA 747,950748.0k $23.3m $23.3m 6.97% Added +6.7k +6,748
78 Washington Trust Advisors, Inc. 1.70% of their portfolio WELLESLEY, MA 737,035737.0k $22.9m $22.9m 1.70% Reduced -2.6k -2,555
79 CABOT WEALTH MANAGEMENT INC 2.31% of their portfolio BEVERLY, MA 729,227729.2k $22.7m $22.7m 2.31% Reduced -4.9k -4,909
80 Aufman Associates Inc 8.67% of their portfolio SEWICKLEY, PA 699,040699.0k $21.7m $21.7m 8.67% Added +20.3k +20,346
81 PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV 5.50% of their portfolio HUNTINGDON VALLEY, PA 698,020698.0k $21.7m $21.7m 5.50% Added +22.7k +22,732
82 OXFORD FINANCIAL GROUP, LTD. LLC 1.09% of their portfolio INDIANAPOLIS, IN 693,012693.0k $21.6m $21.6m 1.09% Reduced -76.4k -76,420
83 Gotham Asset Management, LLC 0.05% of their portfolio NEW YORK, NY 689,872689.9k $21.5m $21.5m 0.05% Added +104.8k +104,828
84 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 680,293680.3k $21.2m $21.2m 0.04% Added +135.9k +135,906
85 Johnson Bixby & Associates, LLC 2.29% of their portfolio VANCOUVER, WA 660,586660.6k $20.5m $20.5m 2.29% Added +23.1k +23,071
86 HIGHLINE WEALTH PARTNERS LLC 4.19% of their portfolio SHERMAN OAKS, CA 659,630659.6k $20.5m $20.5m 4.19% Added +110.7k +110,718
87 Tradition Wealth Management, LLC 1.21% of their portfolio EDINA, MN 635,786635.8k $19.8m $19.8m 1.21% Added +20.7k +20,670
88 PEAPACK GLADSTONE FINANCIAL CORP 0.22% of their portfolio BEDMINSTER, NJ 625,180625.2k $19.4m $19.4m 0.22% Added +143.3k +143,337
89 PRINCIPAL SECURITIES, INC. 0.23% of their portfolio DES MOINES, IA 624,073624.1k $19.4m $19.4m 0.23% Added +20.1k +20,121
90 CAHILL FINANCIAL ADVISORS INC 1.85% of their portfolio EDINA, MN 619,666619.7k $19.3m $19.3m 1.85% Added +4.2k +4,197
91 Wealth Forward, LLC 9.59% of their portfolio FARGO, ND 619,404619.4k $19.3m $19.3m 9.59% Added +57.5k +57,455
92 Envision Financial LLC 8.86% of their portfolio BROOKFIELD, WI 618,699618.7k $19.2m $19.2m 8.86% Reduced -25.5k -25,478
93 White Pine Investment CO 4.09% of their portfolio LIVONIA, MI 617,762617.8k $19.2m $19.2m 4.09% Added +12.7k +12,748
94 Strata Wealth Advisors, LLC 4.68% of their portfolio DALLAS, TX 617,597617.6k $19.2m $19.2m 4.68% Added +23.4k +23,397
95 VVR Holdings LLC 8.30% of their portfolio BELLINGHAM, WA 617,012617.0k $19.2m $19.2m 8.30% Reduced -26.2k -26,187
96 Northland Capital Management LLC 10.19% of their portfolio VIRGINIA, MN 608,030608.0k $18.9m $18.9m 10.19% Added +6.8k +6,804
97 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 596,100596.1k $18.5m $18.5m 0.02% Reduced -53.0k -52,970
98 Asset Allocation Strategies LLC 2.73% of their portfolio FARMINGTON, MI 569,600569.6k $17.7m $17.7m 2.73% Added +6.2k +6,151
99 Ironwood Investment Counsel, LLC 2.30% of their portfolio SCOTTSDALE, AZ 563,849563.8k $17.5m $17.5m 2.30% Added +42.4k +42,350
100 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 560,117560.1k $17.4m $17.4m 0.01% Added +62.2k +62,233