Vault-13

SCHWAB STRATEGIC TR SCHD

US DIVIDEND EQ · ETP · CUSIP 808524797

1,808 institutional holders +175 vs Q3 2024
834,536,632834.5m shares reported held*
$22.8bnreported value*
105 new 846 added 543 reduced 72 sold out net bought ≈ $1.0bn (+23.0m shares)

Q3 2024 share counts are adjusted for a 3-for-1 stock split, so holders aren't shown as buying or selling because of it.

* 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 ($37.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.38. Options: 8 managers hold calls ($130.8m notional), 7 hold puts ($73.3m).

Trends to Q4 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: 1,633Q4 24: 1,8081,808Q3 22Q1 23Q3 23Q1 24Q3 24Q4 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
Q4 20241,808

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ1 23: 801 bought or addedQ1 23: 460 cut or sold outQ2 23: 759 bought or addedQ2 23: 541 cut or sold outQ2 23Q3 23: 766 bought or addedQ3 23: 552 cut or sold outQ4 23: 708 bought or addedQ4 23: 644 cut or sold outQ4 23Q1 24: 857 bought or addedQ1 24: 625 cut or sold outQ2 24: 745 bought or addedQ2 24: 659 cut or sold outQ2 24Q3 24: 936 bought or addedQ3 24: 561 cut or sold outQ4 24: 951 bought or addedQ4 24: 615 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023801460
Q2 2023759541
Q3 2023766552
Q4 2023708644
Q1 2024857625
Q2 2024745659
Q3 2024936561
Q4 2024951615

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ1 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 0.59Q4 24 calls: $130.8mQ4 24 puts: $73.3mQ4 24P/C 0.56
Numbers
QuarterCallsPutsP/C
Q1 2024$154.4m$54.0m0.35
Q2 2024$115.9m$54.0m0.47
Q3 2024$159.9m$94.0m0.59
Q4 2024$130.8m$73.3m0.56

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +27,394,520+27.4m
IMA Advisory Services, Inc. New +2,687,274+2.7m
Cerity Partners LLC Added +2,083,517+2.1m
LPL Financial LLC Added +1,720,606+1.7m
Mirae Asset Global Investments Co., Ltd. Added +1,475,239+1.5m
Focus Partners Wealth Added +1,412,015+1.4m
Independent Advisor Alliance Added +1,340,184+1.3m
Mariner, LLC Added +1,255,753+1.3m
Focus Partners Advisor Solutions, LLC Added +1,069,622+1.1m
EQUITABLE TRUST CO New +1,052,897+1.1m

Biggest sellers

Japan Science & Technology Agency Sold out -7,781,409-7.8m
JPMORGAN CHASE & CO Reduced -4,332,277-4.3m
Corient Private Wealth LP Reduced -3,455,181-3.5m
TWO SIGMA INVESTMENTS, LP Sold out -3,264,000-3.3m
Sanctuary Advisors, LLC Reduced -1,812,965-1.8m
Orgel Wealth Management, LLC Reduced -1,709,762-1.7m
Newman Dignan & Sheerar, Inc. Reduced -1,547,477-1.5m
MERCER GLOBAL ADVISORS INC /ADV Reduced -1,223,452-1.2m
Mutual Advisors, LLC Reduced -1,066,783-1.1m
Brick & Kyle, Associates Reduced -1,047,589-1.0m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $44.7m1.6m shares
Twin Tree Management, LP Added $43.2m1.6m shares
WOLVERINE TRADING, LLC Added $16.7m614.3k shares
CITADEL ADVISORS LLC Reduced $11.7m428.7k shares
JANE STREET GROUP, LLC Reduced $10.8m394.2k shares
Squarepoint Ops LLC New $2.1m76.3k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $1.6m59.4k shares
Destination Wealth Management Unchanged $728300 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $37.9m1.4m shares
CITADEL ADVISORS LLC Added $14.8m542.4k shares
JANE STREET GROUP, LLC Added $7.4m272.3k shares
WOLVERINE TRADING, LLC Added $6.3m230.6k shares
Cubist Systematic Strategies, LLC Reduced $3.9m143.0k shares
CAPITAL FUND MANAGEMENT S.A. Added $2.4m86.5k shares
Squarepoint Ops LLC New $606.5k22.2k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.13% of their portfolio CHARLOTTE, NC 49,630,78449.6m $1.4bn $1.4bn 0.13% Added +27.4m +27,394,520
2 LPL Financial LLC 0.40% of their portfolio FORT MILL, SC 36,314,77636.3m $992.1m $992.1m 0.40% Added +1.7m +1,720,606
3 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 28,475,29828.5m $777.9m $777.9m 0.05% Added +773.4k +773,394
4 SUMITOMO LIFE INSURANCE CO 13.83% of their portfolio TOKYO, M0 26,820,00026.8m $732.7m $732.7m 13.83% Unchanged
5 AVANTAX ADVISORY SERVICES, INC. 4.46% of their portfolio DALLAS, TX 26,003,62626.0m $710.4m $710.4m 4.46% Added +496.3k +496,258
6 RAYMOND JAMES FINANCIAL INC 0.22% of their portfolio ST. PETERSBURG, FL 21,703,47621.7m $592.9m $592.9m 0.22% First filing
7 ENVESTNET ASSET MANAGEMENT INC 0.17% of their portfolio Berwyn, PA 19,626,67419.6m $536.2m $536.2m 0.17% Added +540.9k +540,938
8 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.42% of their portfolio MILWAUKEE, WI 18,222,67618.2m $497.8m $497.8m 0.42% Added +482.4k +482,443
9 AMERIPRISE FINANCIAL INC 0.12% of their portfolio MINNEAPOLIS, MN 17,426,54517.4m $475.8m $475.8m 0.12% Added +129.9k +129,943
10 UBS Group AG 0.10% of their portfolio ZURICH, V8 15,975,28316.0m $436.4m $436.4m 0.10% Added +556.4k +556,390
11 Wealthspire Advisors, LLC 4.11% of their portfolio NEW YORK, NY 15,144,11215.1m $413.7m $413.7m 4.11% Reduced -215.8k -215,756
12 Wealthfront Advisers LLC 1.14% of their portfolio Palo Alto, CA 14,309,64214.3m $390.9m $390.9m 1.14% Reduced -211.8k -211,828
13 COMMONWEALTH EQUITY SERVICES, LLC 0.52% of their portfolio WALTHAM, MA 13,130,56013.1m $358.7m $358.7m 0.52% Added +284.9k +284,884
14 WELLS FARGO & COMPANY/MN 0.08% of their portfolio SAN FRANCISCO, CA 12,294,23512.3m $335.9m $335.9m 0.08% Added +505.2k +505,207
15 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.60% of their portfolio PLYMOUTH, MN 11,471,87011.5m $313.4m $313.4m 0.60% Added +583.9k +583,856
16 Orgel Wealth Management, LLC 7.89% of their portfolio ALTOONA, WI 11,062,24311.1m $302.2m $302.2m 7.89% Reduced -1.7m -1,709,762
17 Avantax Planning Partners, Inc. 9.24% of their portfolio DUBUQUE, IA 9,380,9839.4m $256.3m $256.3m 9.24% Added +63.0k +62,989
18 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 9,079,9189.1m $248.1m $248.1m 0.05% Added +499.4k +499,432
19 OSAIC HOLDINGS, INC. 0.55% of their portfolio SCOTTSDALE, AZ 9,013,3769.0m $246.3m $246.3m 0.55% Reduced -794.2k -794,164
20 Mariner, LLC 0.38% of their portfolio Overland Park, KS 8,210,5308.2m $224.3m $224.3m 0.38% Added +1.3m +1,255,753
21 Cambridge Investment Research Advisors, Inc. 0.65% of their portfolio FAIRFIELD, IA 7,099,9627.1m $194.0m $194.0m 0.65% Added +390.6k +390,564
22 Cetera Investment Advisers 0.35% of their portfolio SCHAUMBURG, IL 6,068,6906.1m $165.8m $165.8m 0.35% Added +502.3k +502,316
23 Cassaday & Co Wealth Management LLC 4.29% of their portfolio MCLEAN, VA 5,755,9125.8m $157.3m $157.3m 4.29% Added +188.9k +188,890
24 Cerity Partners LLC 0.33% of their portfolio NEW YORK, NY 5,635,3675.6m $154.0m $154.0m 0.33% Added +2.1m +2,083,517
25 Cresset Asset Management, LLC 0.73% of their portfolio Chicago, IL 5,513,2755.5m $150.6m $150.6m 0.73% Reduced -270.1k -270,071
26 MML INVESTORS SERVICES, LLC 0.51% of their portfolio SPRINGFIELD, MA 5,389,8615.4m $147.3m $147.3m 0.51% Added +223.0k +223,024
27 Keystone Financial Planning, Inc. 45.47% of their portfolio CLEVELAND, OH 5,365,6275.4m $146.6m $146.6m 45.47% Reduced -211.1k -211,067
28 HighTower Advisors, LLC 0.20% of their portfolio CHICAGO, IL 5,237,4875.2m $143.1m $143.1m 0.20% Added +322.2k +322,188
29 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 5,076,3415.1m $138.7m $138.7m 0.01% Reduced -4.3m -4,332,277
30 CWM, LLC 0.55% of their portfolio OMAHA, NE 4,893,7354.9m $133.7m $133.7m 0.55% Added +818.3k +818,292
31 HHM Wealth Advisors, LLC 18.10% of their portfolio CHATTANOOGA, TN 4,872,5784.9m $133.1m $133.1m 18.10% Added +115.6k +115,595
32 Kestra Advisory Services, LLC 0.70% of their portfolio AUSTIN, TX 4,671,2684.7m $127.6m $127.6m 0.70% Reduced -53.2k -53,228
33 Baird Financial Group, Inc. 0.23% of their portfolio MILWAUKEE, WI 4,394,1824.4m $120.0m $120.0m 0.23% Reduced -188.3k -188,297
34 Creative Planning 0.12% of their portfolio OVERLAND PARK, KS 4,333,9714.3m $118.4m $118.4m 0.12% Added +310.1k +310,077
35 Cullen/Frost Bankers, Inc. 1.54% of their portfolio San Antonio, TX 4,111,0444.1m $112.3m $112.3m 1.54% Reduced -16.2k -16,191
36 Diversified Enterprises, LLC 10.45% of their portfolio Wilmington, DE 3,994,4534.0m $109.1m $109.1m 10.45% Added +365.6k +365,566
37 Charles Schwab Trust Bank 100.00% of their portfolio HENDERSON, NV 3,955,6504.0m $137.5m $137.5m 100.00% Reduced -923.3k -923,277
38 KEYBANK NATIONAL ASSOCIATION/OH 0.40% of their portfolio BROOKLYN, OH 3,827,6933.8m $104.6m $104.6m 0.40% Added +117.3k +117,326
39 LVW Advisors, LLC 12.04% of their portfolio PITTSFORD, NY 3,597,6363.6m $98.3m $98.3m 12.04% Added +40.7k +40,737
40 TRUIST FINANCIAL CORP 0.15% of their portfolio CHARLOTTE, NC 3,543,3983.5m $96.8m $96.8m 0.15% Added +82.4k +82,358
41 D.A. DAVIDSON & CO. 0.78% of their portfolio GREAT FALLS, MT 3,487,0953.5m $95.3m $95.3m 0.78% Added +109.2k +109,248
42 Focus Financial Network, Inc. 3.46% of their portfolio MINNEAPOLIS, MN 3,183,8163.2m $87.0m $87.0m 3.46% Added +106.8k +106,776
43 FIFTH THIRD BANCORP 0.30% of their portfolio CINCINNATI, OH 3,038,7183.0m $83.0m $83.0m 0.30% Reduced -75.9k -75,855
44 Valmark Advisers, Inc. 1.25% of their portfolio AKRON, OH 2,947,3482.9m $80.5m $80.5m 1.25% Added +211.0k +211,000
45 Bouchey Financial Group, Ltd. 7.00% of their portfolio TROY, NY 2,932,7432.9m $80.1m $80.1m 7.00% Added +483.9k +483,909
46 Asset Advisors Investment Management, LLC 8.11% of their portfolio AUGUSTA, GA 2,836,5352.8m $77.5m $77.5m 8.11% Reduced -121.8k -121,819
47 Focus Partners Wealth 0.10% of their portfolio ST LOUIS, MO 2,701,2772.7m $79.7m $79.7m 0.10% Added +1.4m +1,412,015
48 IMA Advisory Services, Inc. 8.84% of their portfolio DENVER, CO 2,687,2742.7m $73.4m $73.4m 8.84% New
49 Berger Financial Group, Inc 4.98% of their portfolio PLYMOUTH, MN 2,640,4592.6m $72.1m $72.1m 4.98% Added +134.0k +134,046
50 Mirae Asset Global Investments Co., Ltd. 0.28% of their portfolio SEOUL, M5 2,511,8232.5m $69.0m $69.0m 0.28% Added +1.5m +1,475,239
51 HARBOUR INVESTMENTS, INC. 1.85% of their portfolio MADISON, WI 2,359,8392.4m $64.5m $64.5m 1.85% Reduced -169.3k -169,299
52 CVA Family Office, LLC 9.94% of their portfolio DENVER, CO 2,298,3142.3m $62.8m $62.8m 9.94% Reduced -36.2k -36,217
53 Aptus Capital Advisors, LLC 0.72% of their portfolio FAIRHOPE, AL 2,217,2672.2m $60.6m $60.6m 0.72% Added +368.7k +368,712
54 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 2,190,6312.2m $59.8m $59.8m 0.06% Reduced -66.6k -66,647
55 CGC Financial Services, LLC 23.78% of their portfolio LAKE OSWEGO, OR 2,184,9782.2m $59.7m $59.7m 23.78% Added +63.3k +63,345
56 Ameritas Advisory Services, LLC 2.05% of their portfolio Lincoln, NE 2,173,7292.2m $59.4m $59.4m 2.05% Added +117.4k +117,385
57 MAI Capital Management 0.44% of their portfolio INDEPENDENCE, OH 2,139,1472.1m $58.4m $58.4m 0.44% Added +921.1k +921,120
58 PINNACLE ASSOCIATES LTD 0.79% of their portfolio NEW YORK, NY 2,136,3792.1m $58.4m $58.4m 0.79% Added +230.9k +230,869
59 Steward Partners Investment Advisory, LLC 0.52% of their portfolio STAMFORD, CT 2,131,1102.1m $58.2m $58.2m 0.52% Added +132.6k +132,552
60 Allworth Financial LP 0.32% of their portfolio FOLSOM, CA 2,100,8132.1m $58.7m $58.7m 0.32% Added +422.5k +422,472
61 HOWARD FINANCIAL SERVICES, LTD. 7.51% of their portfolio DALLAS, TX 2,021,7592.0m $55.2m $55.2m 7.51% Added +50.0k +50,015
62 Marquette Asset Management, LLC 9.00% of their portfolio MINNEAPOLIS, MN 2,017,3952.0m $55.1m $55.1m 9.00% Added +4.6k +4,593
63 Summit Asset Management, LLC 9.34% of their portfolio MEMPHIS, TN 1,945,9791.9m $53.2m $53.2m 9.34% Added +102.8k +102,785
64 Gerber Kawasaki Wealth & Investment Management 2.27% of their portfolio SANTA MONICA, CA 1,908,5871.9m $52.1m $52.1m 2.27% Added +12.2k +12,209
65 Summit Financial Wealth Advisors, LLC 9.98% of their portfolio Lafayette, LA 1,841,1301.8m $51.0m $51.0m 9.98% Added +117.1k +117,114
66 ESL Trust Services, LLC 10.72% of their portfolio ROCHESTER, NY 1,760,7481.8m $48.1m $48.1m 10.72% Reduced -150 -150
67 VICTORY FINANCIAL GROUP, LLC 12.57% of their portfolio AUSTIN, TX 1,751,1951.8m $47.8m $47.8m 12.57% First filing
68 Principle Wealth Partners LLC 3.36% of their portfolio MADISON, CT 1,750,1411.8m $47.8m $47.8m 3.36% Added +117.5k +117,520
69 Scott Capital Advisors, LLC 13.23% of their portfolio PORTLAND, OR 1,686,2341.7m $46.0m $46.0m 13.23% Added +18.2k +18,162
70 Whelan Financial 18.10% of their portfolio FRESNO, CA 1,685,5101.7m $46.0m $46.0m 18.10% Added +44.1k +44,126
71 Private Advisor Group, LLC 0.26% of their portfolio MORRISTOWN, NJ 1,669,8491.7m $45.6m $45.6m 0.26% Added +111.4k +111,448
72 Spinnaker Investment Group, LLC 10.76% of their portfolio Newport Beach, CA 1,633,2311.6m $44.6m $44.6m 10.76% Added +34.6k +34,630
73 Main Street Financial Solutions, LLC 4.40% of their portfolio NEWTOWN, PA 1,633,1141.6m $44.6m $44.6m 4.40% Added +113.2k +113,200
74 Reliant Wealth Planning 20.30% of their portfolio LOUISVILLE, KY 1,584,3661.6m $43.3m $43.3m 20.30% Reduced -265.2k -265,209
75 SECURIAN ASSET MANAGEMENT, INC 1.26% of their portfolio ST PAUL, MN 1,581,0001.6m $43.2m $43.2m 1.26% Unchanged
76 CENTRAL TRUST Co 1.05% of their portfolio JEFFERSON CITY, MO 1,572,4101.6m $43.0m $43.0m 1.05% Reduced -150.5k -150,490
77 True Link Financial Advisors, LLC 3.60% of their portfolio SAN FRANCISCO, CA 1,568,5251.6m $42.9m $42.9m 3.60% Added +34.0k +33,968
78 BURKETT FINANCIAL SERVICES, LLC 17.22% of their portfolio ROCK HILL, SC 1,542,1391.5m $42.1m $42.1m 17.22% Added +5.8k +5,815
79 ADAMSBROWN WEALTH CONSULTANTS LLC 14.28% of their portfolio WICHITA, KS 1,533,2151.5m $41.9m $41.9m 14.28% Added +23.3k +23,306
80 BOKF, NA 0.68% of their portfolio TULSA, OK 1,485,5981.5m $40.1m $40.1m 0.68% Added +99.8k +99,751
81 Equitable Holdings, Inc. 0.39% of their portfolio NEW YORK, NY 1,482,3201.5m $40.5m $40.5m 0.39% Added +73.0k +72,983
82 Waverly Advisors, LLC 0.63% of their portfolio BIRMINGHAM, AL 1,479,2711.5m $40.4m $40.4m 0.63% Added +82.7k +82,729
83 MFA WEALTH ADVISORS, LLC 10.33% of their portfolio PITTSBURGH, PA 1,478,0791.5m $40.4m $40.4m 10.33% Added +243.3k +243,297
84 Focus Partners Advisor Solutions, LLC 0.67% of their portfolio SAINT LOUIS, MO 1,460,4441.5m $39.9m $39.9m 0.67% Added +1.1m +1,069,622
85 JONES FINANCIAL COMPANIES LLLP 0.04% of their portfolio DES PERES, MO 1,455,0071.5m $39.8m $39.8m 0.04% Added +691.9k +691,867
86 Allied Investment Advisors, LLC 8.01% of their portfolio BILLINGS, MT 1,454,9461.5m $39.7m $39.7m 8.01% Added +22.8k +22,752
87 Evergreen Advisors, LLC 10.79% of their portfolio CHATTANOOGA, TN 1,445,1561.4m $39.5m $39.5m 10.79% Added +55.9k +55,859
88 HB Wealth Management, LLC 0.40% of their portfolio Atlanta, GA 1,437,2791.4m $39.3m $39.3m 0.40% Reduced -5.2k -5,190
89 MERCER GLOBAL ADVISORS INC /ADV 0.10% of their portfolio DENVER, CO 1,437,0531.4m $39.3m $39.3m 0.10% Reduced -1.2m -1,223,452
90 BLAIR WILLIAM & CO/IL 0.11% of their portfolio CHICAGO, IL 1,417,9331.4m $38.7m $38.7m 0.11% Added +236.6k +236,584
91 Beacon Pointe Advisors, LLC 0.43% of their portfolio NEWPORT BEACH, CA 1,411,4421.4m $38.6m $38.6m 0.43% Added +29.5k +29,495
92 Wealthcare Advisory Partners LLC 1.07% of their portfolio WEST CHESTER, PA 1,409,9061.4m $38.5m $38.5m 1.07% Added +60.8k +60,776
93 Richardson Capital Management LLC 24.28% of their portfolio MENOMONEE FALLS, WI 1,397,2111.4m $38.2m $38.2m 24.28% Added +14.9k +14,910
94 Independent Advisor Alliance 0.50% of their portfolio CHARLOTTE, NC 1,390,6831.4m $38.0m $38.0m 0.50% Added +1.3m +1,340,184
95 Atria Wealth Solutions, Inc. 0.41% of their portfolio NEW YORK, NY 1,364,9111.4m $37.3m $37.3m 0.41% Added +6.2k +6,223
96 Apexium Financial, LP 2.18% of their portfolio Dallas, TX 1,312,5571.3m $35.9m $35.9m 2.18% Added +118.0k +118,041
97 Sunburst Financial Group, LLC 8.86% of their portfolio VESTAVIA HILLS, AL 1,311,9181.3m $35.8m $35.8m 8.86% Added +90.1k +90,054
98 Walker Financial Services, Inc. 20.77% of their portfolio BOWLING GREEN, KY 1,307,9971.3m $35.7m $35.7m 20.77% Added +147.2k +147,171
99 Leelyn Smith, LLC 6.30% of their portfolio GENEVA, IL 1,294,4661.3m $35.4m $35.4m 6.30% Added +37.4k +37,442
100 FOUNDERS FINANCIAL SECURITIES LLC 3.17% of their portfolio TOWSON, MD 1,288,5721.3m $35.2m $35.2m 3.17% Added +44.4k +44,400