Vault-13

SCHWAB STRATEGIC TR FNDB

FUNDAMENTAL US B · ETP · CUSIP 808524789

158 institutional holders +0 vs Q1 2025
12,071,25212.1m shares reported held*
$289.5mreported value*
11 new 56 added 40 reduced 11 sold out net bought ≈ $24.2m (+1.0m 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. Holder counts are more reliable. Implied quarter-end price ≈ $23.98.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 90Q4 22: 108Q1 23: 109Q2 23: 110Q3 23: 111Q4 23: 128Q1 24: 135Q2 24: 137Q3 24: 140Q4 24: 147Q1 25: 158Q2 25: 158158Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202290
Q4 2022108
Q1 2023109
Q2 2023110
Q3 2023111
Q4 2023128
Q1 2024135
Q2 2024137
Q3 2024140
Q4 2024147
Q1 2025158
Q2 2025158

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 48 bought or addedQ3 23: 38 cut or sold outQ4 23: 61 bought or addedQ4 23: 35 cut or sold outQ4 23Q1 24: 60 bought or addedQ1 24: 41 cut or sold outQ2 24: 44 bought or addedQ2 24: 55 cut or sold outQ2 24Q3 24: 73 bought or addedQ3 24: 38 cut or sold outQ4 24: 46 bought or addedQ4 24: 59 cut or sold outQ4 24Q1 25: 67 bought or addedQ1 25: 54 cut or sold outQ2 25: 67 bought or addedQ2 25: 51 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20234838
Q4 20236135
Q1 20246041
Q2 20244455
Q3 20247338
Q4 20244659
Q1 20256754
Q2 20256751

Biggest buyers

AlphaCore Capital LLC Added +1,292,380+1.3m
GOLDMAN SACHS GROUP INC Added +187,098+187.1k
Cambridge Investment Research Advisors, Inc. Added +74,330+74.3k
Opes Wealth Management LLC Added +67,217+67.2k
MML INVESTORS SERVICES, LLC Added +56,299+56.3k
ENVESTNET ASSET MANAGEMENT INC Added +54,868+54.9k
FOUNDERS FINANCIAL SECURITIES LLC New +49,823+49.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +44,412+44.4k
Sound Stewardship, LLC Added +44,389+44.4k
JONES FINANCIAL COMPANIES LLLP Added +34,406+34.4k

Biggest sellers

Systelligence, LLC Sold out -431,799-431.8k
FINANCIAL CONSULATE, INC Reduced -214,187-214.2k
RAYMOND JAMES FINANCIAL INC Reduced -166,160-166.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -82,095-82.1k
CAROLINAS WEALTH CONSULTING LLC Sold out -44,811-44.8k
CITADEL ADVISORS LLC Reduced -24,602-24.6k
BCGM Wealth Management, LLC Reduced -22,958-23.0k
LPL Financial LLC Reduced -19,935-19.9k
AdvisorNet Financial, Inc Reduced -16,970-17.0k
CAPTRUST FINANCIAL ADVISORS Reduced -15,761-15.8k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FINANCIAL CONSULATE, INC 6.74% of their portfolio HUNT VALLEY, MD 1,422,8251.4m $34.1m $34.1m 6.74% Reduced -214.2k -214,187
2 AlphaCore Capital LLC 1.19% of their portfolio LA JOLLA, CA 1,293,5951.3m $31.0m $31.0m 1.19% Added +1.3m +1,292,380
3 Opes Wealth Management LLC 2.99% of their portfolio MENLO PARK, CA 701,803701.8k $16.8m $16.8m 2.99% Added +67.2k +67,217
4 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 695,144695.1k $16.7m $16.7m 0.02% Added +22.1k +22,146
5 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 686,144686.1k $16.5m $16.5m 0.05% Added +74.3k +74,330
6 Sound Stewardship, LLC 7.63% of their portfolio Overland Park, KS 616,513616.5k $14.8m $14.8m 7.63% Added +44.4k +44,389
7 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 435,216435.2k $10.4m $10.4m 0.00% Added +24.7k +24,702
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 381,048381.0k $9.1m $9.1m 0.00% Added +21.1k +21,114
9 Brightwater Advisory LLC 5.01% of their portfolio TAMPA, FL 290,415290.4k $7.0m $7.0m 5.01% Reduced -5.6k -5,611
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 279,639279.6k $6.7m $6.7m 0.00% Reduced -166.2k -166,160
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 273,068273.1k $6.5m $6.5m 0.00% Added +187.1k +187,098
12 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 262,206262.2k $6.3m $6.3m 0.00% Added +15.4k +15,379
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 245,556245.6k $5.9m $5.9m 0.00% Added +54.9k +54,868
14 Leonard Rickey Investment Advisors P.L.L.C. 0.86% of their portfolio YAKIMA, WA 179,405179.4k $4.3m $4.3m 0.86% Reduced -3.5k -3,490
15 Guardian Financial Partners, LLC 1.88% of their portfolio ORANGE, CA 174,339174.3k $4.2m $4.2m 1.88% Reduced -1.6k -1,566
16 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 145,641145.6k $3.5m $3.5m 0.01% Added +56.3k +56,299
17 Mezzasalma Advisors, LLC 1.04% of their portfolio TINTON FALLS, NJ 144,666144.7k $3.5m $3.5m 1.04% Added +1.6k +1,574
18 Essential Partners LLC 1.27% of their portfolio RANCHO SANTA FE, CA 132,978133.0k $3.2m $3.2m 1.27% First filing
19 TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV 1.13% of their portfolio RALEIGH, NC 130,051130.1k $3.1m $3.1m 1.13% Reduced -342 -342
20 CVA Family Office, LLC 0.43% of their portfolio DENVER, CO 126,680126.7k $3.0m $3.0m 0.43% Reduced -2.3k -2,321
21 Aspiring Ventures, LLC 1.31% of their portfolio CINCINNATI, OH 121,366121.4k $2.9m $2.9m 1.31% Unchanged
22 Kaizen Financial Strategies 1.43% of their portfolio CAMPBELL, CA 117,633117.6k $2.8m $2.8m 1.43% Reduced -694 -694
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 115,672115.7k $2.8m $2.8m 0.00% Added +6.6k +6,564
24 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 105,719105.7k $2.5m $2.5m 0.00% Reduced -19.9k -19,935
25 Resonant Capital Advisors, LLC 0.15% of their portfolio Madison, WI 98,24798.2k $2.4m $2.4m 0.15% Added +9.8k +9,757
26 HHM Wealth Advisors, LLC 0.28% of their portfolio CHATTANOOGA, TN 96,69396.7k $2.3m $2.3m 0.28% Unchanged
27 Clarius Group, LLC 0.13% of their portfolio SEATTLE, WA 89,48489.5k $2.1m $2.1m 0.13% Unchanged
28 Red Door Wealth Management, LLC 0.25% of their portfolio Memphis, TN 86,72886.7k $2.1m $2.1m 0.25% Unchanged
29 FIRST NATIONAL CORP /MA/ /ADV 0.41% of their portfolio ROCKLAND, MA 85,22585.2k $2.0m $2.0m 0.41% Unchanged
30 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 83,40183.4k $2.0m $2.0m 0.00% Reduced -2.3k -2,341
31 JAMES INVESTMENT RESEARCH, INC. 0.21% of their portfolio ALPHA, OH 73,19773.2k $1.8m $1.8m 0.21% Added +5.4k +5,373
32 Yoder Wealth Management, Inc. 0.91% of their portfolio WALNUT CREEK, CA 73,06773.1k $1.8m $1.8m 0.91% Reduced -150 -150
33 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 70,74070.7k $1.7m $1.7m 0.01% Unchanged
34 Foster Group, Inc. 0.05% of their portfolio WEST DES MOINES, IA 65,11465.1k $1.6m $1.6m 0.05% Added +4.1k +4,111
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 61,52561.5k $1.5m $1.5m 0.00% Added +6.2k +6,180
36 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 60,78860.8k $1.5m $1.5m 0.00% Reduced -15.8k -15,761
37 Mariner, LLC 0.00% of their portfolio Overland Park, KS 57,56957.6k $1.4m $1.4m 0.00% Added +5.4k +5,400
38 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 56,82256.8k $1.4m $1.4m 0.01% Added +28 +28
39 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 54,66654.7k $1.3m $1.3m 0.00% Added +5.0k +5,015
40 COLDSTREAM CAPITAL MANAGEMENT INC 0.02% of their portfolio BELLEVUE, WA 54,09654.1k $1.3m $1.3m 0.02% Unchanged
41 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 52,89552.9k $1.3m $1.3m 0.00% Added +34.4k +34,406
42 BROWN BROTHERS HARRIMAN & CO 0.01% of their portfolio NEW YORK, NY 51,17151.2k $1.2m $1.2m 0.01% Unchanged
43 FOUNDERS FINANCIAL SECURITIES LLC 0.09% of their portfolio TOWSON, MD 49,82349.8k $1.2m $1.2m 0.09% New
44 Values Added Financial LLC 0.58% of their portfolio WASHINGTON, DC 49,67849.7k $1.2m $1.2m 0.58% Unchanged
45 Nicholas Hoffman & Company, LLC. 0.03% of their portfolio ATLANTA, GA 49,10749.1k $1.2m $1.2m 0.03% Added +158 +158
46 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 49,06949.1k $1.2m $1.2m 0.00% Reduced -178 -178
47 Cornerstone Financial Group, LLC /NE/ 0.98% of their portfolio OMAHA, NE 48,27048.3k $1.2m $1.2m 0.98% Added +62 +62
48 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 47,86647.9k $1.1m $1.1m 0.00% Added +31.8k +31,809
49 Red Tortoise LLC 0.54% of their portfolio ATLANTA, GA 46,35746.4k $1.1m $1.1m 0.54% Added +81 +81
50 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 44,41244.4k $1.1m $1.1m 0.00% New
51 QUADRANT CAPITAL GROUP LLC 0.04% of their portfolio CINCINNATI, OH 43,94443.9k $1.1m $1.1m 0.04% Unchanged
52 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 43,24143.2k $1.0m $1.0m 0.00% Reduced -6.5k -6,519
53 SeaCrest Wealth Management, LLC 0.11% of their portfolio PURCHASE, NY 42,74142.7k $1.0m $1.0m 0.11% Added +60 +60
54 GSG Advisors LLC 0.30% of their portfolio MOUNT LAUREL, NJ 42,48742.5k $1.0m $1.0m 0.30% Added +137 +137
55 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 37,86337.9k $908.0k $908.0k 0.01% Unchanged
56 Milestone Investment Advisors LLC 0.23% of their portfolio MIDDLETON, WI 37,38637.4k $896.5k $896.5k 0.23% Reduced -1.3k -1,313
57 EXENCIAL WEALTH ADVISORS, LLC 0.03% of their portfolio OKLAHOMA CITY, OK 35,94535.9k $862.0k $862.0k 0.03% Reduced -104 -104
58 Redhawk Wealth Advisors, Inc. 0.11% of their portfolio MINNEAPOLIS, MN 34,95035.0k $838.1k $838.1k 0.11% Added +150 +150
59 Family Capital Management, Inc. 0.43% of their portfolio GRAND RAPIDS, MI 34,07034.1k $817.0k $817.0k 0.43% Added +14.2k +14,242
60 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 31,79631.8k $762.5k $762.5k 0.00% Reduced -24.6k -24,602
61 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 31,57931.6k $757.3k $757.3k 0.00% Added +400 +400
62 CHANNEL WEALTH LLC 0.21% of their portfolio SANTA BARBARA, CA 31,15031.1k $747.0k $747.0k 0.21% Reduced -5.0k -4,990
63 MorganRosel Wealth Management, LLC 0.20% of their portfolio HIGHLANDS RANCH, CO 30,58630.6k $733.5k $733.5k 0.20% Reduced -762 -762
64 COZAD ASSET MANAGEMENT INC 0.06% of their portfolio CHAMPAIGN, IL 28,99329.0k $695.2k $695.2k 0.06% Reduced -943 -943
65 BELLEVUE ASSET MANAGEMENT, LLC 0.33% of their portfolio BELLEVUE, WA 28,55528.6k $684.7k $684.7k 0.33% Unchanged
66 SFMG, LLC 0.05% of their portfolio PLANO, TX 27,99628.0k $671.3k $671.3k 0.05% Unchanged
67 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 26,11026.1k $626.1k $626.1k 0.00% Added +9.9k +9,882
68 ELEVATION WEALTH PARTNERS, LLC 0.24% of their portfolio WALNUT CREEK, CA 24,87924.9k $596.6k $596.6k 0.24% Reduced -3.7k -3,672
69 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 24,60024.6k $589.9k $589.9k 0.01% Unchanged
70 Glass Jacobson Investment Advisors llc 0.22% of their portfolio OWINGS MILLS, MD 24,11924.1k $578.4k $578.4k 0.22% Added +4.4k +4,437
71 Modern Wealth Management, LLC 0.01% of their portfolio KANSAS CITY, MO 23,82323.8k $571.3k $571.3k 0.01% Added +11.8k +11,817
72 Litman Gregory Wealth Management LLC 0.04% of their portfolio LARKSPUR, CA 22,53722.5k $540.4k $540.4k 0.04% Unchanged
73 Avant Capital LLC 0.41% of their portfolio LAFAYETTE, LA 22,31022.3k $535.0k $535.0k 0.41% Added +1.3k +1,284
74 Chicago Partners Investment Group LLC 0.02% of their portfolio CHICAGO, IL 22,02922.0k $543.5k $543.5k 0.02% Unchanged
75 TOTAL INVESTMENT MANAGEMENT INC 0.07% of their portfolio SCOTTSDALE, AZ 20,10820.1k $482.2k $482.2k 0.07% Added +786 +786
76 KM Capital Management Ltd. 0.23% of their portfolio AUSTIN, TX 19,80919.8k $475.0k $475.0k 0.23% Reduced -4.4k -4,355
77 Vanguard Capital Wealth Advisors 0.46% of their portfolio DENVER, CO 19,35819.4k $464.2k $464.2k 0.46% Reduced -1.4k -1,356
78 Sovran Advisors, LLC 0.05% of their portfolio SAN DIEGO, CA 18,22318.2k $443.2k $443.2k 0.05% Reduced -1.0k -1,029
79 Capital Investment Advisory Services, LLC 0.03% of their portfolio RALEIGH, NC 17,54917.5k $420.8k $420.8k 0.03% Unchanged
80 Retirement Planning Group, LLC 0.02% of their portfolio LEAWOOD, KS 17,42417.4k $417.8k $417.8k 0.02% Unchanged
81 Werba Rubin Papier Wealth Management 0.07% of their portfolio SAN JOSE, CA 16,57416.6k $397.4k $397.4k 0.07% Unchanged
82 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 15,85415.9k $380.2k $380.2k 0.00% Added +1.3k +1,265
83 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 15,25815.3k $365.9k $365.9k 0.01% Unchanged
84 Carnegie Investment Counsel 0.01% of their portfolio PEPPER PIKE, OH 14,82314.8k $355.5k $355.5k 0.01% Unchanged
85 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.01% of their portfolio Seattle, WA 14,58014.6k $349.6k $349.6k 0.01% Unchanged
86 KEYVANTAGE WEALTH, LLC 0.16% of their portfolio BETHLEHEM, PA 14,48414.5k $347.3k $347.3k 0.16% Unchanged
87 Chevy Chase Trust Holdings, LLC 0.00% of their portfolio BETHESDA, MD 13,50513.5k $323.9k $323.9k 0.00% Reduced -2.9k -2,890
88 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 13,11413.1k $314.5k $314.5k 0.00% Reduced -7.5k -7,542
89 AdvisorNet Financial, Inc 0.02% of their portfolio MINNETONKA, MN 13,00513.0k $311.9k $311.9k 0.02% Reduced -17.0k -16,970
90 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 12,78612.8k $306.6k $306.6k 0.00% Unchanged
91 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 12,60312.6k $302.2k $302.2k 0.01% Unchanged
92 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 12,41612.4k $297.7k $297.7k 0.00% New
93 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 12,23812.2k $293.5k $293.5k 0.00% Reduced -603 -603
94 FOSTER & MOTLEY INC 0.02% of their portfolio CINCINNATI, OH 12,17212.2k $292.0k $292.0k 0.02% Added +47 +47
95 NBT BANK, N.A. 0.02% of their portfolio NORWICH, NY 11,95512.0k $286.7k $286.7k 0.02% Unchanged
96 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 11,57411.6k $277.5k $277.5k 0.00% New
97 BCGM Wealth Management, LLC 0.08% of their portfolio LAFAYETTE, IN 11,18811.2k $268.3k $268.3k 0.08% Reduced -23.0k -22,958
98 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 10,93410.9k $262.2k $262.2k 0.00% Added +38 +38
99 Sage Financial Management Group, Inc. 0.09% of their portfolio MCLEAN, VA 10,60510.6k $254.0k $254.0k 0.09% Reduced -6.9k -6,930
100 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 9,7889.8k $234.7k $234.7k 0.00% Added +623 +623