Vault-13

SCHWAB STRATEGIC TR SCHD

US DIVIDEND EQ · ETP · CUSIP 808524797

1,633 institutional holders +72 vs Q2 2024
268,090,093268.1m shares reported held*
$22.2bnreported value*
123 new 813 added 502 reduced 59 sold out net sold ≈ $141.7m (+291.1k 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 ($23.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $82.70. Options: 10 managers hold calls ($159.9m notional), 8 hold puts ($94.0m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,166Q4 22: 1,330Q1 23: 1,352Q2 23: 1,386Q3 23: 1,392Q4 23: 1,531Q1 24: 1,570Q2 24: 1,561Q3 24: 1,6331,633Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 20221,166
Q4 20221,330
Q1 20231,352
Q2 20231,386
Q3 20231,392
Q4 20231,531
Q1 20241,570
Q2 20241,561
Q3 20241,633

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 827 bought or addedQ4 22: 331 cut or sold outQ1 23: 801 bought or addedQ1 23: 460 cut or sold outQ1 23Q2 23: 759 bought or addedQ2 23: 541 cut or sold outQ3 23: 766 bought or addedQ3 23: 552 cut or sold outQ3 23Q4 23: 708 bought or addedQ4 23: 644 cut or sold outQ1 24: 857 bought or addedQ1 24: 625 cut or sold outQ1 24Q2 24: 745 bought or addedQ2 24: 659 cut or sold outQ3 24: 936 bought or addedQ3 24: 561 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022827331
Q1 2023801460
Q2 2023759541
Q3 2023766552
Q4 2023708644
Q1 2024857625
Q2 2024745659
Q3 2024936561

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ4 23 calls: $137.6mQ4 23 puts: $60.0mQ4 23P/C 0.44Q1 24 calls: $154.4mQ1 24 puts: $54.0mQ1 24P/C 0.35Q2 24 calls: $115.9mQ2 24 puts: $54.0mQ2 24P/C 0.47Q3 24 calls: $159.9mQ3 24 puts: $94.0mQ3 24P/C 0.59
Numbers
QuarterCallsPutsP/C
Q4 2023$137.6m$60.0m0.44
Q1 2024$154.4m$54.0m0.35
Q2 2024$115.9m$54.0m0.47
Q3 2024$159.9m$94.0m0.59

Biggest buyers

Japan Science & Technology Agency Added +1,623,803+1.6m
TWO SIGMA INVESTMENTS, LP Added +938,500+938.5k
Sanctuary Advisors, LLC Added +617,308+617.3k
MERCER GLOBAL ADVISORS INC /ADV Added +600,515+600.5k
Newman Dignan & Sheerar, Inc. Added +532,839+532.8k
Allied Investment Advisors, LLC Added +474,775+474.8k
Aptus Capital Advisors, LLC Added +383,167+383.2k
Mutual Advisors, LLC Added +367,725+367.7k
LPL Financial LLC Added +350,872+350.9k
Brick & Kyle, Associates Added +349,307+349.3k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Sold out -10,172,722-10.2m
Strategic Financial Concepts, LLC Reduced -3,076,698-3.1m
Avantax Planning Partners, Inc. Reduced -467,624-467.6k
AMERIPRISE FINANCIAL INC Reduced -363,283-363.3k
Legacy Financial Strategies, LLC Reduced -343,742-343.7k
Modern Wealth Management, LLC Reduced -239,671-239.7k
Focus Partners Wealth Reduced -189,942-189.9k
Cornerstone Planning Group LLC Reduced -182,872-182.9k
Ameritas Advisory Services, LLC Reduced -180,376-180.4k
BANK OF AMERICA CORP /DE/ Reduced -179,169-179.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $71.4m845.0k shares
CITADEL ADVISORS LLC Added $40.8m482.4k shares
Twin Tree Management, LP Added $15.2m179.7k shares
JANE STREET GROUP, LLC New $11.9m140.9k shares
WOLVERINE TRADING, LLC Added $10.3m122.0k shares
GTS SECURITIES LLC Added $4.7m55.1k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $2.6m31.2k shares
Cubist Systematic Strategies, LLC Reduced $2.3m27.2k shares
Parallax Volatility Advisers, L.P. Unchanged $743.9k8.8k shares
Destination Wealth Management New $987100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $60.9m719.9k shares
CITADEL ADVISORS LLC Added $14.4m170.6k shares
JANE STREET GROUP, LLC New $5.8m68.2k shares
WOLVERINE TRADING, LLC Reduced $5.5m64.9k shares
Cubist Systematic Strategies, LLC Added $4.9m57.7k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $1.7m20.7k shares
GTS SECURITIES LLC Added $862.2k10.2k shares
Parallax Volatility Advisers, L.P. Reduced $25.4k300 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.44% of their portfolio FORT MILL, SC 11,531,39011.5m $974.7m $974.7m 0.44% Added +350.9k +350,872
2 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 9,233,9689.2m $780.5m $780.5m 0.06% Reduced -36.9k -36,918
3 SUMITOMO LIFE INSURANCE CO 14.84% of their portfolio TOKYO, M0 8,940,0008.9m $755.7m $755.7m 14.84% Unchanged
4 AVANTAX ADVISORY SERVICES, INC. 4.72% of their portfolio DALLAS, TX 8,502,4568.5m $718.7m $718.7m 4.72% Added +231.0k +230,987
5 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 7,412,0887.4m $626.5m $626.5m 0.05% Reduced -179.2k -179,169
6 ENVESTNET ASSET MANAGEMENT INC 0.17% of their portfolio Berwyn, PA 6,361,9126.4m $537.8m $537.8m 0.17% Added +312.1k +312,074
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.44% of their portfolio MILWAUKEE, WI 5,913,4115.9m $499.9m $499.9m 0.44% Added +90.3k +90,337
8 Raymond James Financial Services Advisors, Inc. 0.66% of their portfolio ST. PETERSBURG, FL 5,891,1025.9m $498.0m $498.0m 0.66% Added +39.6k +39,597
9 AMERIPRISE FINANCIAL INC 0.13% of their portfolio MINNEAPOLIS, MN 5,765,5345.8m $487.4m $487.4m 0.13% Reduced -363.3k -363,283
10 UBS Group AG 0.12% of their portfolio ZURICH, V8 5,139,6315.1m $434.5m $434.5m 0.12% Added +131.4k +131,383
11 Wealthspire Advisors, LLC 4.40% of their portfolio NEW YORK, NY 5,119,9565.1m $432.8m $432.8m 4.40% Added +197.1k +197,089
12 Wealthfront Advisers LLC 1.26% of their portfolio Palo Alto, CA 4,840,4904.8m $409.2m $409.2m 1.26% Reduced -122.0k -122,044
13 COMMONWEALTH EQUITY SERVICES, LLC 0.55% of their portfolio WALTHAM, MA 4,281,8924.3m $361.9m $361.9m 0.55% Added +297.7k +297,674
14 Orgel Wealth Management, LLC 9.01% of their portfolio ALTOONA, WI 4,257,3354.3m $359.9m $359.9m 9.01% Added +70.9k +70,852
15 WELLS FARGO & COMPANY/MN 0.08% of their portfolio SAN FRANCISCO, CA 3,929,6763.9m $332.2m $332.2m 0.08% Reduced -2.6k -2,599
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.66% of their portfolio PLYMOUTH, MN 3,629,3383.6m $306.8m $306.8m 0.66% Added +101.6k +101,637
17 OSAIC HOLDINGS, INC. 0.62% of their portfolio SCOTTSDALE, AZ 3,269,1803.3m $276.3m $276.3m 0.62% Reduced -101.1k -101,123
18 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 3,136,2063.1m $265.1m $265.1m 0.01% Added +209.7k +209,710
19 Avantax Planning Partners, Inc. 9.42% of their portfolio DUBUQUE, IA 3,105,9983.1m $262.5m $262.5m 9.42% Reduced -467.6k -467,624
20 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 2,860,1622.9m $241.8m $241.8m 0.05% Added +66.9k +66,922
21 Japan Science & Technology Agency 2.90% of their portfolio TOKYO, M0 2,593,8032.6m $219.3m $219.3m 2.90% Added +1.6m +1,623,803
22 Mariner, LLC 0.35% of their portfolio Overland Park, KS 2,318,2592.3m $196.0m $196.0m 0.35% Added +133.7k +133,717
23 Cambridge Investment Research Advisors, Inc. 0.64% of their portfolio FAIRFIELD, IA 2,236,4662.2m $189.0m $189.0m 0.64% Added +104.1k +104,086
24 Cresset Asset Management, LLC 0.63% of their portfolio Chicago, IL 1,927,7821.9m $163.0m $163.0m 0.63% Added +123.0k +122,956
25 Keystone Financial Planning, Inc. 47.55% of their portfolio CLEVELAND, OH 1,858,8981.9m $157.1m $157.1m 47.55% Added +94.8k +94,765
26 Cassaday & Co Wealth Management LLC 4.43% of their portfolio MCLEAN, VA 1,855,6741.9m $156.9m $156.9m 4.43% Added +115.0k +114,982
27 Cetera Investment Advisers 0.34% of their portfolio SCHAUMBURG, IL 1,855,4581.9m $156.8m $156.8m 0.34% Reduced -120.1k -120,084
28 MML INVESTORS SERVICES, LLC 0.53% of their portfolio SPRINGFIELD, MA 1,722,2791.7m $145.6m $145.6m 0.53% Added +95.5k +95,509
29 HighTower Advisors, LLC 0.20% of their portfolio CHICAGO, IL 1,638,4331.6m $138.5m $138.5m 0.20% Added +6.7k +6,745
30 Charles Schwab Trust Bank 100.00% of their portfolio HENDERSON, NV 1,626,3091.6m $137.5m $137.5m 100.00% Reduced -159.9k -159,893
31 HHM Wealth Advisors, LLC 19.01% of their portfolio CHATTANOOGA, TN 1,585,6611.6m $134.0m $134.0m 19.01% Added +57.5k +57,546
32 Kestra Advisory Services, LLC 0.73% of their portfolio AUSTIN, TX 1,574,8321.6m $133.1m $133.1m 0.73% Added +50.1k +50,143
33 RAYMOND JAMES & ASSOCIATES 0.08% of their portfolio ST PETERSBURG, FL 1,572,7741.6m $132.9m $132.9m 0.08% Reduced -82.5k -82,522
34 Baird Financial Group, Inc. 0.25% of their portfolio MILWAUKEE, WI 1,527,4931.5m $129.1m $129.1m 0.25% Added +240.2k +240,235
35 Corient Private Wealth LP 0.20% of their portfolio MIAMI, FL 1,487,0561.5m $125.5m $125.5m 0.20% Added +229.7k +229,726
36 Cullen/Frost Bankers, Inc. 1.59% of their portfolio San Antonio, TX 1,375,7451.4m $116.3m $116.3m 1.59% Added +109.5k +109,520
37 CWM, LLC 0.49% of their portfolio OMAHA, NE 1,358,4811.4m $114.8m $114.8m 0.49% Added +235.0k +235,018
38 Creative Planning 0.11% of their portfolio OVERLAND PARK, KS 1,341,2981.3m $113.4m $113.4m 0.11% Added +24.5k +24,491
39 KEYBANK NATIONAL ASSOCIATION/OH 0.40% of their portfolio BROOKLYN, OH 1,236,7891.2m $104.5m $104.5m 0.40% Reduced -1.5k -1,454
40 Diversified, LLC 11.22% of their portfolio Wilmington, DE 1,209,6291.2m $102.2m $102.2m 11.22% Added +26.1k +26,110
41 Diversified Enterprises, LLC 11.22% of their portfolio Wilmington, DE 1,209,6291.2m $102.2m $102.2m 11.22% First filing
42 LVW Advisors, LLC 12.83% of their portfolio PITTSFORD, NY 1,185,6331.2m $100.2m $100.2m 12.83% Added +8.8k +8,758
43 Cerity Partners LLC 0.22% of their portfolio NEW YORK, NY 1,183,9501.2m $100.1m $100.1m 0.22% Added +49.9k +49,883
44 TRUIST FINANCIAL CORP 0.15% of their portfolio CHARLOTTE, NC 1,153,6801.2m $97.5m $97.5m 0.15% Reduced -5.2k -5,238
45 D.A. DAVIDSON & CO. 0.79% of their portfolio GREAT FALLS, MT 1,125,9491.1m $95.2m $95.2m 0.79% Added +50.6k +50,556
46 TWO SIGMA INVESTMENTS, LP 0.21% of their portfolio NEW YORK, NY 1,088,0001.1m $92.0m $92.0m 0.21% Added +938.5k +938,500
47 FIFTH THIRD BANCORP 0.32% of their portfolio CINCINNATI, OH 1,038,1911.0m $87.8m $87.8m 0.32% Reduced -62.3k -62,298
48 Focus Financial Network, Inc. 3.54% of their portfolio MINNEAPOLIS, MN 1,025,6801.0m $86.7m $86.7m 3.54% Added +25.8k +25,797
49 Asset Advisors Investment Management, LLC 8.67% of their portfolio AUGUSTA, GA 986,118986.1k $83.4m $83.4m 8.67% Reduced -58.9k -58,921
50 Sanctuary Advisors, LLC 0.17% of their portfolio INDIANAPOLIS, IN 912,589912.6k $26.8m $26.8m 0.17% Added +617.3k +617,308
51 Valmark Advisers, Inc. 1.21% of their portfolio AKRON, OH 912,116912.1k $77.1m $77.1m 1.21% Added +73.3k +73,286
52 MERCER GLOBAL ADVISORS INC /ADV 0.06% of their portfolio DENVER, CO 886,835886.8k $25.0m $25.0m 0.06% Added +600.5k +600,515
53 HARBOUR INVESTMENTS, INC. 2.14% of their portfolio MADISON, WI 843,046843.0k $71.3m $71.3m 2.14% Added +39.1k +39,090
54 Syntrinsic LLC 23.62% of their portfolio DENVER, CO 840,184840.2k $71.0m $71.0m 23.62% Reduced -2.0k -1,951
55 Berger Financial Group, Inc 5.10% of their portfolio PLYMOUTH, MN 835,471835.5k $70.6m $70.6m 5.10% Added +42.5k +42,472
56 Bouchey Financial Group, Ltd. 6.17% of their portfolio TROY, NY 816,278816.3k $69.0m $69.0m 6.17% Added +62.4k +62,377
57 Newman Dignan & Sheerar, Inc. 5.32% of their portfolio PROVIDENCE, RI 784,451784.5k $22.2m $22.2m 5.32% Added +532.8k +532,839
58 CVA Family Office, LLC 10.68% of their portfolio DENVER, CO 778,177778.2k $65.8m $65.8m 10.68% Added +23.1k +23,079
59 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 752,426752.4k $63.6m $63.6m 0.07% Reduced -54.2k -54,182
60 CGC Financial Services, LLC 23.97% of their portfolio LAKE OSWEGO, OR 707,211707.2k $59.8m $59.8m 23.97% Added +11.1k +11,085
61 Ameritas Advisory Services, LLC 2.50% of their portfolio Lincoln, NE 685,448685.4k $57.9m $57.9m 2.50% Reduced -180.4k -180,376
62 Marquette Asset Management, LLC 8.99% of their portfolio MINNEAPOLIS, MN 670,934670.9k $56.7m $56.7m 8.99% Reduced -1.3k -1,324
63 Steward Partners Investment Advisory, LLC 0.52% of their portfolio STAMFORD, CT 666,186666.2k $56.3m $56.3m 0.52% Added +11.8k +11,849
64 HOWARD FINANCIAL SERVICES, LTD. 8.02% of their portfolio DALLAS, TX 657,248657.2k $55.6m $55.6m 8.02% Added +28.9k +28,873
65 PINNACLE ASSOCIATES LTD 0.82% of their portfolio NEW YORK, NY 635,170635.2k $48.4m $48.4m 0.82% Reduced -15.9k -15,922
66 Gerber Kawasaki Wealth & Investment Management 2.46% of their portfolio SANTA MONICA, CA 632,126632.1k $53.4m $53.4m 2.46% Reduced -12.5k -12,521
67 Reliant Wealth Planning 22.57% of their portfolio LOUISVILLE, KY 616,525616.5k $52.1m $52.1m 22.57% Added +11.3k +11,294
68 Aptus Capital Advisors, LLC 0.26% of their portfolio FAIRHOPE, AL 616,185616.2k $17.4m $17.4m 0.26% Added +383.2k +383,167
69 Summit Asset Management, LLC 9.75% of their portfolio MEMPHIS, TN 614,398614.4k $51.9m $51.9m 9.75% Added +16.3k +16,329
70 ESL Trust Services, LLC 11.24% of their portfolio ROCHESTER, NY 586,966587.0k $49.6m $49.6m 11.24% Added +432 +432
71 Summit Financial Wealth Advisors, LLC 9.11% of their portfolio Lafayette, LA 574,672574.7k $48.6m $48.6m 9.11% Added +19.8k +19,831
72 CENTRAL TRUST Co 1.14% of their portfolio JEFFERSON CITY, MO 574,300574.3k $48.5m $48.5m 1.14% Reduced -79.7k -79,689
73 Allworth Financial LP 0.29% of their portfolio FOLSOM, CA 559,447559.4k $47.3m $47.3m 0.29% Added +10.0k +10,010
74 Scott Capital Advisors, LLC 13.33% of their portfolio PORTLAND, OR 556,024556.0k $47.0m $47.0m 13.33% Added +36.9k +36,918
75 Whelan Financial 19.05% of their portfolio FRESNO, CA 547,128547.1k $46.2m $46.2m 19.05% Added +9.0k +8,971
76 Principle Wealth Partners LLC 3.26% of their portfolio MADISON, CT 544,207544.2k $46.0m $46.0m 3.26% Added +30.6k +30,626
77 Mutual Advisors, LLC 0.45% of their portfolio OMAHA, NE 543,921543.9k $15.4m $15.4m 0.45% Added +367.7k +367,725
78 Spinnaker Investment Group, LLC 11.02% of their portfolio Newport Beach, CA 532,867532.9k $45.0m $45.0m 11.02% Added +11.3k +11,324
79 SECURIAN ASSET MANAGEMENT, INC 1.29% of their portfolio ST PAUL, MN 527,000527.0k $44.5m $44.5m 1.29% Unchanged
80 Private Advisor Group, LLC 0.27% of their portfolio MORRISTOWN, NJ 519,467519.5k $43.9m $43.9m 0.27% Added +15.5k +15,511
81 BURKETT FINANCIAL SERVICES, LLC 17.89% of their portfolio ROCK HILL, SC 512,108512.1k $43.3m $43.3m 17.89% Added +14.6k +14,574
82 True Link Financial Advisors, LLC 3.67% of their portfolio SAN FRANCISCO, CA 511,519511.5k $43.2m $43.2m 3.67% Added +30.3k +30,257
83 Main Street Financial Solutions, LLC 3.93% of their portfolio NEWTOWN, PA 506,638506.6k $42.8m $42.8m 3.93% Added +21.6k +21,586
84 ADAMSBROWN WEALTH CONSULTANTS LLC 14.76% of their portfolio WICHITA, KS 503,303503.3k $42.5m $42.5m 14.76% Added +24.0k +24,004
85 HB Wealth Management, LLC 0.44% of their portfolio Atlanta, GA 480,823480.8k $40.6m $40.6m 0.44% Reduced -19.1k -19,136
86 Allied Investment Advisors, LLC 7.99% of their portfolio BILLINGS, MT 477,398477.4k $40.4m $40.4m 7.99% Added +474.8k +474,775
87 Equitable Holdings, Inc. 0.38% of their portfolio NEW YORK, NY 469,779469.8k $39.7m $39.7m 0.38% Added +40.3k +40,288
88 Waverly Advisors, LLC 0.73% of their portfolio BIRMINGHAM, AL 465,514465.5k $39.3m $39.3m 0.73% Added +21.5k +21,549
89 Cedar Wealth Management, LLC 12.16% of their portfolio LA JOLLA, CA 463,432463.4k $39.2m $39.2m 12.16% Added +737 +737
90 Evergreen Advisors, LLC 10.81% of their portfolio CHATTANOOGA, TN 463,099463.1k $39.1m $39.1m 10.81% Added +17.9k +17,925
91 BOKF, NA 0.69% of their portfolio TULSA, OK 461,949461.9k $39.0m $39.0m 0.69% Added +8.4k +8,447
92 Richardson Capital Management LLC 27.21% of their portfolio MENOMONEE FALLS, WI 460,767460.8k $38.9m $38.9m 27.21% Added +11.4k +11,419
93 Beacon Pointe Advisors, LLC 0.45% of their portfolio NEWPORT BEACH, CA 460,649460.6k $38.9m $38.9m 0.45% Added +4.7k +4,741
94 Atria Wealth Solutions, Inc. 0.42% of their portfolio NEW YORK, NY 452,896452.9k $38.3m $38.3m 0.42% Added +3.1k +3,058
95 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 452,660452.7k $38.3m $38.3m 0.07% Reduced -91.9k -91,895
96 Wealthcare Advisory Partners LLC 1.08% of their portfolio WEST CHESTER, PA 449,710449.7k $38.0m $38.0m 1.08% Added +20.6k +20,552
97 NewEdge Advisors, LLC 0.24% of their portfolio NEW ORLEANS, LA 439,342439.3k $37.1m $37.1m 0.24% Added +1.4k +1,372
98 SevenBridge Financial Group, LLC 2.43% of their portfolio HARRISBURG, PA 432,339432.3k $12.6m $12.6m 2.43% Added +286.8k +286,837
99 Focus Partners Wealth 0.12% of their portfolio ST LOUIS, MO 429,754429.8k $37.1m $37.1m 0.12% Reduced -189.9k -189,942
100 Venture Visionary Partners LLC 1.55% of their portfolio Sylvania, OH 420,343420.3k $35.5m $35.5m 1.55% Added +2.9k +2,902