Vault-13

SCHWAB STRATEGIC TR SCHD

US DIVIDEND EQ · ETP · CUSIP 808524797

1,330 institutional holders +164 vs Q3 2022
246,054,707246.1m shares reported held*
$18.5bnreported value*
133 new 694 added 285 reduced 46 sold out net bought ≈ $2.3bn (+30.8m 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 ($36.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $75.33. Options: 8 managers hold calls ($99.5m notional), 6 hold puts ($49.3m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,166Q4 22: 1,3301,330Q3 22Q4 22
Numbers
QuarterHolders
Q3 20221,166
Q4 20221,330

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ3 22 calls: $53.2mQ3 22 puts: $23.1mQ3 22P/C 0.44Q4 22 calls: $99.5mQ4 22 puts: $49.3mQ4 22P/C 0.50
Numbers
QuarterCallsPutsP/C
Q3 2022$53.2m$23.1m0.44
Q4 2022$99.5m$49.3m0.50

Biggest buyers

AMERIPRISE FINANCIAL INC Added +2,106,267+2.1m
AVANTAX ADVISORY SERVICES, INC. Added +2,040,057+2.0m
LPL Financial LLC Added +1,352,164+1.4m
WELLS FARGO & COMPANY/MN Added +1,344,161+1.3m
Raymond James Financial Services Advisors, Inc. Added +1,315,057+1.3m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +1,159,626+1.2m
MORGAN STANLEY Added +911,053+911.1k
UBS Group AG Added +857,332+857.3k
ENVESTNET ASSET MANAGEMENT INC Added +735,200+735.2k
OSAIC HOLDINGS, INC. Added +731,470+731.5k

Biggest sellers

Aurora Private Wealth, Inc. Reduced -421,765-421.8k
TWO SIGMA INVESTMENTS, LP Reduced -235,400-235.4k
TWO SIGMA ADVISERS, LP Sold out -213,400-213.4k
OLYMPUS WEALTH MANAGEMENT, LLC Reduced -149,873-149.9k
GOLDMAN SACHS GROUP INC Reduced -108,235-108.2k
OneAscent Financial Services LLC Sold out -102,797-102.8k
CITADEL ADVISORS LLC Reduced -87,195-87.2k
FINANCIAL COUNSELORS INC Reduced -75,802-75.8k
Coho Partners, Ltd. Sold out -66,907-66.9k
CYPRESS CAPITAL MANAGEMENT LLC Sold out -65,514-65.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $45.8m605.9k shares
CITADEL ADVISORS LLC Added $34.8m460.1k shares
WOLVERINE TRADING, LLC New $10.5m138.7k shares
Paladin Advisory Group, LLC Added $4.8m63.3k shares
CAPITAL FUND MANAGEMENT S.A. New $3.5m45.7k shares
Belvedere Trading LLC New $226.6k3.0k shares
HAP Trading, LLC New $16.0k14.7k shares
Cutler Group LLC / CA Added $10.0k15.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $27.9m370.0k shares
CITADEL ADVISORS LLC Added $13.6m180.5k shares
WOLVERINE TRADING, LLC New $6.0m79.7k shares
CAPITAL FUND MANAGEMENT S.A. New $1.4m18.2k shares
XR Securities LLC New $317.3k4.2k shares
Cutler Group LLC / CA Added $8.0k16.4k 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 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wealthfront Advisers LLC 4.19% of their portfolio Palo Alto, CA 11,441,45711.4m $864.3m $864.3m 4.19% Added +652.5k +652,543
2 Charles Schwab Investment Advisory, Inc. 1.18% of their portfolio SAN FRANCISCO, CA 9,299,5069.3m $702.5m $702.5m 1.18% Added +90.9k +90,912
3 LPL Financial LLC 0.58% of their portfolio FORT MILL, SC 9,004,6149.0m $680.2m $680.2m 0.58% Added +1.4m +1,352,164
4 AMERIPRISE FINANCIAL INC 0.22% of their portfolio MINNEAPOLIS, MN 8,577,0998.6m $649.0m $649.0m 0.22% Added +2.1m +2,106,267
5 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 7,736,8747.7m $584.4m $584.4m 0.07% Added +911.1k +911,053
6 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.87% of their portfolio MILWAUKEE, WI 7,605,2787.6m $574.5m $574.5m 0.87% Added +1.2m +1,159,626
7 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 7,175,1817.2m $542.0m $542.0m 0.07% Added +241.2k +241,184
8 AVANTAX ADVISORY SERVICES, INC. 6.56% of their portfolio DALLAS, TX 6,512,9946.5m $492.0m $492.0m 6.56% Added +2.0m +2,040,057
9 Wealthspire Advisors, LLC 8.19% of their portfolio NEW YORK, NY 5,957,9836.0m $450.1m $450.1m 8.19% Added +176.7k +176,696
10 JPMORGAN CHASE & CO 0.06% of their portfolio NEW YORK, NY 5,271,8445.3m $398.2m $398.2m 0.06% Added +139.6k +139,644
11 ENVESTNET ASSET MANAGEMENT INC 0.21% of their portfolio Berwyn, PA 5,247,2125.2m $396.4m $396.4m 0.21% Added +735.2k +735,200
12 UBS Group AG 0.17% of their portfolio ZURICH, V8 4,700,1364.7m $355.0m $355.0m 0.17% Added +857.3k +857,332
13 OSAIC HOLDINGS, INC. 0.68% of their portfolio SCOTTSDALE, AZ 4,415,9184.4m $333.6m $333.6m 0.68% Added +731.5k +731,470
14 Raymond James Financial Services Advisors, Inc. 0.66% of their portfolio ST. PETERSBURG, FL 4,316,1944.3m $326.0m $326.0m 0.66% Added +1.3m +1,315,057
15 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 3,992,3294.0m $301.6m $301.6m 0.10% Added +1.3m +1,344,161
16 Orgel Wealth Management, LLC 10.24% of their portfolio ALTOONA, WI 3,525,6293.5m $266.3m $266.3m 10.24% Added +33.6k +33,615
17 COMMONWEALTH EQUITY SERVICES, LLC 0.64% of their portfolio WALTHAM, MA 3,522,2483.5m $266.1m $266.1m 0.64% Added +667.8k +667,750
18 Avantax Planning Partners, Inc. 10.50% of their portfolio DUBUQUE, IA 3,504,0823.5m $264.7m $264.7m 10.50% Added +140.2k +140,199
19 Merit Financial Group, LLC 8.87% of their portfolio ALPHARETTA, GA 3,238,4283.2m $244.6m $244.6m 8.87% Added +171.8k +171,841
20 MEITAV INVESTMENT HOUSE LTD 3.20% of their portfolio BENE-BERAQ, L3 2,448,7972.4m $186.1m $186.1m 3.20% Added +171.7k +171,675
21 Cetera Investment Advisers 1.70% of their portfolio SCHAUMBURG, IL 2,429,9022.4m $183.6m $183.6m 1.70% Added +96.9k +96,878
22 Mariner, LLC 0.48% of their portfolio Overland Park, KS 1,985,7072.0m $150.0m $150.0m 0.48% Added +237.1k +237,088
23 CWM, LLC 1.05% of their portfolio OMAHA, NE 1,892,8421.9m $143.0m $143.0m 1.05% Added +383.3k +383,315
24 Cambridge Investment Research Advisors, Inc. 0.74% of their portfolio FAIRFIELD, IA 1,883,2111.9m $142.3m $142.3m 0.74% Added +143.3k +143,288
25 Corient Private Wealth LP 0.49% of their portfolio MIAMI, FL 1,793,7841.8m $135.5m $135.5m 0.49% First filing
26 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 1,760,2301.8m $133.0m $133.0m 0.04% Added +394.4k +394,438
27 FIFTH THIRD BANCORP 0.56% of their portfolio CINCINNATI, OH 1,544,8161.5m $116.7m $116.7m 0.56% Added +343.1k +343,092
28 KEYBANK NATIONAL ASSOCIATION/OH 0.57% of their portfolio BROOKLYN, OH 1,525,2481.5m $115.2m $115.2m 0.57% Added +233.7k +233,708
29 HighTower Advisors, LLC 0.26% of their portfolio CHICAGO, IL 1,513,7951.5m $114.4m $114.4m 0.26% Added +358.3k +358,319
30 Creative Planning 0.17% of their portfolio OVERLAND PARK, KS 1,456,7321.5m $110.0m $110.0m 0.17% Added +334.1k +334,077
31 Cassaday & Co Wealth Management LLC 4.94% of their portfolio MCLEAN, VA 1,414,3501.4m $106.8m $106.8m 4.94% First filing
32 CENTRAL TRUST Co 3.25% of their portfolio JEFFERSON CITY, MO 1,397,5261.4m $105.6m $105.6m 3.25% Added +223.3k +223,304
33 RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio ST PETERSBURG, FL 1,390,5881.4m $105.0m $105.0m 0.10% Added +184.5k +184,533
34 Keystone Financial Planning, Inc. 35.33% of their portfolio CLEVELAND, OH 1,387,8981.4m $104.8m $104.8m 35.33% Added +166.9k +166,883
35 Asset Advisors Investment Management, LLC 13.41% of their portfolio AUGUSTA, GA 1,347,5971.3m $101.8m $101.8m 13.41% Added +201 +201
36 Thrivent Financial for Lutherans 0.26% of their portfolio Minneapolis, MN 1,341,6541.3m $101.6m $101.6m 0.26% Added +428.6k +428,649
37 SVB WEALTH LLC 1.35% of their portfolio BOSTON, MA 1,320,7311.3m $99.8m $99.8m 1.35% Added +94.0k +94,001
38 HHM Wealth Advisors, LLC 22.21% of their portfolio CHATTANOOGA, TN 1,286,3051.3m $97.2m $97.2m 22.21% Added +36.5k +36,527
39 MML INVESTORS SERVICES, LLC 0.59% of their portfolio SPRINGFIELD, MA 1,185,0571.2m $89.5m $89.5m 0.59% Added +460.6k +460,574
40 Focus Financial Network, Inc. 7.13% of their portfolio MINNEAPOLIS, MN 1,160,9761.2m $87.7m $87.7m 7.13% Added +59.8k +59,756
41 TRUIST FINANCIAL CORP 0.15% of their portfolio CHARLOTTE, NC 1,152,5241.2m $87.1m $87.1m 0.15% Added +212.0k +211,982
42 Parallel Advisors, LLC 3.70% of their portfolio SAN FRANCISCO, CA 1,128,3921.1m $85.2m $85.2m 3.70% Added +520.8k +520,792
43 OneDigital Investment Advisors LLC 2.30% of their portfolio OVERLAND PARK, KS 1,047,1231.0m $79.1m $79.1m 2.30% Added +401.9k +401,921
44 J.P. Morgan Private Wealth Advisors LLC 0.17% of their portfolio SAN FRANCISCO, CA 1,016,5391.0m $76.8m $76.8m 0.17% Added +35.4k +35,422
45 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 990,105990.1k $74.8m $74.8m 0.02% Added +119.0k +118,953
46 Kestra Advisory Services, LLC 0.59% of their portfolio AUSTIN, TX 876,524876.5k $66.2m $66.2m 0.59% Added +41.3k +41,271
47 SECURIAN ASSET MANAGEMENT, INC 1.81% of their portfolio ST PAUL, MN 858,000858.0k $64.8m $64.8m 1.81% Unchanged
48 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 857,029857.0k $64.7m $64.7m 0.10% Added +315.8k +315,775
49 D.A. DAVIDSON & CO. 0.75% of their portfolio GREAT FALLS, MT 844,717844.7k $63.8m $63.8m 0.75% Added +53.7k +53,739
50 Gerber Kawasaki Wealth & Investment Management 5.46% of their portfolio SANTA MONICA, CA 815,124815.1k $61.6m $61.6m 5.46% Added +84.3k +84,308
51 Ameritas Advisory Services, LLC 2.81% of their portfolio Lincoln, NE 800,185800.2k $60.4m $60.4m 2.81% Added +169.7k +169,677
52 CVA Family Office, LLC 13.47% of their portfolio DENVER, CO 735,327735.3k $55.5m $55.5m 13.47% Added +16.3k +16,309
53 Bard Financial Services, Inc. 4.32% of their portfolio BRANFORD, CT 673,786673.8k $50.9m $50.9m 4.32% Added +68.1k +68,109
54 Valmark Advisers, Inc. 1.14% of their portfolio AKRON, OH 654,837654.8k $49.5m $49.5m 1.14% Added +58.4k +58,387
55 JANICZEK WEALTH MANAGEMENT, LLC 14.04% of their portfolio DENVER, CO 639,247639.2k $49.8m $49.8m 14.04% Added +211.1k +211,061
56 Cetera Advisor Networks LLC 0.39% of their portfolio EL SEGUNDO, CA 638,627638.6k $48.2m $48.2m 0.39% Added +221.7k +221,681
57 HOWARD FINANCIAL SERVICES, LTD. 12.47% of their portfolio DALLAS, TX 628,262628.3k $47.5m $47.5m 12.47% Added +20.3k +20,326
58 Bogart Wealth, LLC 3.28% of their portfolio MCLEAN, VA 623,640623.6k $47.1m $47.1m 3.28% Added +14.8k +14,840
59 Cullen/Frost Bankers, Inc. 0.89% of their portfolio San Antonio, TX 618,576618.6k $46.7m $46.7m 0.89% Added +86.3k +86,274
60 PINNACLE ASSOCIATES LTD 1.01% of their portfolio NEW YORK, NY 615,162615.2k $46.5m $46.5m 1.01% Added +32.5k +32,489
61 Kohmann Bosshard Financial Services, LLC 9.19% of their portfolio FAIRLAWN, OH 610,658610.7k $46.1m $46.1m 9.19% Added +39.6k +39,646
62 Atria Wealth Solutions, Inc. 0.71% of their portfolio NEW YORK, NY 585,774585.8k $44.2m $44.2m 0.71% Added +61.0k +61,035
63 Private Advisor Group, LLC 0.51% of their portfolio MORRISTOWN, NJ 584,391584.4k $17.2m $17.2m 0.51% Added +118.6k +118,585
64 Baird Financial Group, Inc. 0.11% of their portfolio MILWAUKEE, WI 571,183571.2k $43.1m $43.1m 0.11% Added +192.2k +192,151
65 Bouchey Financial Group, Ltd. 6.09% of their portfolio TROY, NY 559,803559.8k $42.3m $42.3m 6.09% Added +551.4k +551,431
66 TimeScale Financial, Inc. 10.61% of their portfolio DANVERS, MA 550,168550.2k $36.5m $36.5m 10.61% Unchanged
67 Legacy Financial Strategies, LLC 17.17% of their portfolio OVERLAND PARK, KS 549,794549.8k $41.5m $41.5m 17.17% Added +4.2k +4,220
68 Cetera Advisors LLC 0.74% of their portfolio DENVER, CO 543,068543.1k $41.0m $41.0m 0.74% Added +45.9k +45,901
69 Summit Asset Management, LLC 11.80% of their portfolio MEMPHIS, TN 539,606539.6k $40.8m $40.8m 11.80% Reduced -358 -358
70 Hennion & Walsh Asset Management, Inc. 2.48% of their portfolio Parsippany, NJ 530,933530.9k $40.1m $40.1m 2.48% Reduced -16.4k -16,407
71 HB Wealth Management, LLC 0.72% of their portfolio Atlanta, GA 526,114526.1k $39.7m $39.7m 0.72% Added +10.1k +10,094
72 B&D White Capital Company, LLC 13.02% of their portfolio Lakeway, TX 490,522490.5k $37.1m $37.1m 13.02% Reduced -58.3k -58,311
73 MERCER GLOBAL ADVISORS INC /ADV 0.18% of their portfolio DENVER, CO 485,649485.6k $36.7m $36.7m 0.18% Added +103.8k +103,777
74 Whelan Financial 21.75% of their portfolio FRESNO, CA 477,077477.1k $36.0m $36.0m 21.75% Added +113.6k +113,578
75 Sharkey, Howes & Javer 8.22% of their portfolio DENVER, CO 473,908473.9k $35.8m $35.8m 8.22% Added +147.1k +147,118
76 Davidson Capital Management Inc. 24.38% of their portfolio CORPUS CHRISTI, TX 470,495470.5k $35.5m $35.5m 24.38% Added +24.2k +24,213
77 Systelligence, LLC 9.04% of their portfolio BLOOMINGTON, MN 459,062459.1k $34.7m $34.7m 9.04% Reduced -51.0k -50,952
78 Spinnaker Investment Group, LLC 12.19% of their portfolio Newport Beach, CA 453,760453.8k $34.3m $34.3m 12.19% Added +8.8k +8,763
79 Kellett Wealth Advisors, LLC 33.17% of their portfolio CINCINNATI, OH 452,514452.5k $34.2m $34.2m 33.17% Added +7.7k +7,686
80 ESL Trust Services, LLC 11.49% of their portfolio ROCHESTER, NY 447,726447.7k $33.8m $33.8m 11.49% Added +3.7k +3,706
81 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 438,377438.4k $33.1m $33.1m 0.06% Added +299.6k +299,599
82 NewEdge Advisors, LLC 0.35% of their portfolio NEW ORLEANS, LA 436,744436.7k $13.5m $13.5m 0.35% Added +29.9k +29,878
83 Milestone Investment Advisors LLC 11.50% of their portfolio MIDDLETON, WI 434,457434.5k $32.8m $32.8m 11.50% First filing
84 Sunburst Financial Group, LLC 13.06% of their portfolio VESTAVIA HILLS, AL 434,370434.4k $32.8m $32.8m 13.06% Added +9.9k +9,942
85 LVW Advisors, LLC 6.84% of their portfolio PITTSFORD, NY 431,175431.2k $32.6m $32.6m 6.84% Added +199.4k +199,375
86 Strategic Investment Solutions, Inc. /IL 16.53% of their portfolio ORLAND PARK, IL 429,328429.3k $33.5m $33.5m 16.53% First filing
87 Scott Capital Advisors, LLC 18.12% of their portfolio PORTLAND, OR 423,341423.3k $32.0m $32.0m 18.12% Added +16.1k +16,056
88 Brio Consultants, LLC 6.29% of their portfolio SAN FRANCISCO, CA 417,759417.8k $31.6m $31.6m 6.29% Added +18.6k +18,644
89 Tradition Wealth Management, LLC 4.44% of their portfolio EDINA, MN 416,860416.9k $31.5m $31.5m 4.44% Added +360 +360
90 Madison Asset Management, LLC 0.49% of their portfolio MADISON, WI 416,100416.1k $31.4m $31.4m 0.49% Added +46.2k +46,157
91 Portfolio Strategies, Inc. 7.00% of their portfolio MONTVALE, NJ 415,480415.5k $31.4m $31.4m 7.00% New
92 WFA Asset Management Corp 20.48% of their portfolio WHITEFISH BAY, WI 412,748412.7k $31.2m $31.2m 20.48% Added +9.9k +9,933
93 Reliant Wealth Planning 18.74% of their portfolio LOUISVILLE, KY 408,991409.0k $30.9m $30.9m 18.74% Added +8.7k +8,655
94 JNBA Financial Advisors 4.23% of their portfolio BLOOMINGTON, MN 402,494402.5k $30.4m $30.4m 4.23% Reduced -5.8k -5,830
95 Per Stirling Capital Management, LLC. 5.50% of their portfolio AUSTIN, TX 399,759399.8k $30.2m $30.2m 5.50% First filing
96 Sigma Planning Corp 1.07% of their portfolio ANN ARBOR, MI 396,742396.7k $30.0m $30.0m 1.07% Added +20.8k +20,833
97 RFG Advisory, LLC 1.51% of their portfolio BIRMINGHAM, AL 385,682385.7k $29.9m $29.9m 1.51% Added +43.9k +43,941
98 Evergreen Advisors, LLC 11.45% of their portfolio CHATTANOOGA, TN 381,823381.8k $28.8m $28.8m 11.45% New
99 Wealth Management Solutions, LLC 14.85% of their portfolio EXTON, PA 374,182374.2k $28.3m $28.3m 14.85% Added +42.9k +42,862
100 PINKERTON WEALTH, LLC 6.08% of their portfolio COEUR D ALENE, ID 371,853371.9k $28.1m $28.1m 6.08% Added +1.4k +1,440