Vault-13

SCHWAB STRATEGIC TR SCHF

INTL EQTY ETF · ETP · CUSIP 808524805

1,114 institutional holders +101 vs Q3 2023
761,594,629761.6m shares reported held*
$27.1bnreported value*
82 new 475 added 359 reduced 53 sold out net bought ≈ $954.6m (+52.9m 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 ($3.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.61. Options: 3 managers hold calls ($2.2m notional), 2 hold puts ($680.1k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 909Q4 22: 986Q1 23: 999Q2 23: 1,011Q3 23: 1,013Q4 23: 1,1141,114Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022909
Q4 2022986
Q1 2023999
Q2 20231,011
Q3 20231,013
Q4 20231,114

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 500 bought or addedQ4 22: 412 cut or sold outQ4 22Q1 23: 444 bought or addedQ1 23: 445 cut or sold outQ1 23Q2 23: 503 bought or addedQ2 23: 420 cut or sold outQ2 23Q3 23: 482 bought or addedQ3 23: 417 cut or sold outQ3 23Q4 23: 557 bought or addedQ4 23: 412 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022500412
Q1 2023444445
Q2 2023503420
Q3 2023482417
Q4 2023557412

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ1 23 calls: $1.2mQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $1.2mQ2 23 puts: $363.6kQ2 23P/C 0.30Q3 23 calls: $2.4mQ3 23 puts: $329.4kQ3 23P/C 0.14Q4 23 calls: $2.2mQ4 23 puts: $680.1kQ4 23P/C 0.31
Numbers
QuarterCallsPutsP/C
Q1 2023$1.2m$00.00
Q2 2023$1.2m$363.6k0.30
Q3 2023$2.4m$329.4k0.14
Q4 2023$2.2m$680.1k0.31

Biggest buyers

Cerity Partners LLC Added +26,665,035+26.7m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +7,608,061+7.6m
SCS Capital Management LLC Added +5,939,766+5.9m
MORGAN STANLEY Added +4,946,500+4.9m
Empower Advisory Group, LLC Added +2,228,367+2.2m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +2,154,120+2.2m
JPMORGAN CHASE & CO Added +1,854,469+1.9m
Financial Engines Advisors L.L.C. Added +1,283,489+1.3m
Creative Planning Added +1,130,219+1.1m
Cresset Asset Management, LLC Added +835,214+835.2k

Biggest sellers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -1,619,788-1.6m
Strategic Investment Solutions, Inc. /IL Reduced -1,418,883-1.4m
Wealthfront Advisers LLC Reduced -1,394,289-1.4m
Tradewinds Capital Management, LLC Reduced -784,989-785.0k
OneDigital Investment Advisors LLC Reduced -778,196-778.2k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Reduced -720,575-720.6k
Krilogy Financial LLC Reduced -716,198-716.2k
Corient Private Wealth LP Reduced -498,313-498.3k
Betterment LLC Reduced -466,491-466.5k
MERCER GLOBAL ADVISORS INC /ADV Reduced -385,129-385.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.7m45.4k shares
CITADEL ADVISORS LLC Added $528.5k14.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $406.6k11.0k shares
WOLVERINE TRADING, LLC Added $273.5k7.4k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 5.63% of their portfolio MILWAUKEE, WI 135,217,585135.2m $5.0bn $5.0bn 5.63% Added +7.6m +7,608,061
2 Empower Advisory Group, LLC 11.51% of their portfolio Greenwood Village, CO 79,085,63279.1m $2.9bn $2.9bn 11.51% Added +2.2m +2,228,367
3 Financial Engines Advisors L.L.C. 6.64% of their portfolio SANTA CLARA, CA 76,166,74876.2m $2.8bn $2.8bn 6.64% Added +1.3m +1,283,489
4 Charles Schwab Investment Advisory, Inc. 3.95% of their portfolio SAN FRANCISCO, CA 74,385,50674.4m $2.7bn $2.7bn 3.95% Added +748.7k +748,673
5 Wealthfront Advisers LLC 6.37% of their portfolio Palo Alto, CA 44,840,50844.8m $1.7bn $1.7bn 6.37% Reduced -1.4m -1,394,289
6 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.35% of their portfolio SAN FRANCISCO, CA 36,928,05736.9m $1.4bn $1.4bn 0.35% Added +2.2m +2,154,120
7 Cerity Partners LLC 0.26% of their portfolio NEW YORK, NY 29,269,59129.3m $78.4m $78.4m 0.26% Added +26.7m +26,665,035
8 Creative Planning 1.51% of their portfolio OVERLAND PARK, KS 22,058,42422.1m $815.3m $815.3m 1.51% Added +1.1m +1,130,219
9 Betterment LLC 1.51% of their portfolio NEW YORK, NY 14,218,03314.2m $525.5m $525.5m 1.51% Reduced -466.5k -466,491
10 Corient Private Wealth LP 0.83% of their portfolio MIAMI, FL 12,145,88012.1m $448.9m $448.9m 0.83% Reduced -498.3k -498,313
11 SCS Capital Management LLC 5.11% of their portfolio BOSTON, MA 12,078,93612.1m $446.4m $446.4m 5.11% Added +5.9m +5,939,766
12 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 9,549,0769.5m $352.9m $352.9m 0.02% Added +4.9m +4,946,500
13 ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio Berwyn, PA 7,384,9507.4m $272.9m $272.9m 0.11% Reduced -123.8k -123,810
14 MERCER GLOBAL ADVISORS INC /ADV 0.66% of their portfolio DENVER, CO 5,979,3646.0m $221.0m $221.0m 0.66% Reduced -385.1k -385,129
15 HighTower Advisors, LLC 0.35% of their portfolio CHICAGO, IL 5,637,7075.6m $208.4m $208.4m 0.35% Reduced -163.8k -163,809
16 Wealthspire Advisors, LLC 2.69% of their portfolio NEW YORK, NY 5,117,1545.1m $189.1m $189.1m 2.69% Added +89.3k +89,286
17 Mariner, LLC 0.42% of their portfolio Overland Park, KS 4,826,4664.8m $178.4m $178.4m 0.42% Added +820 +820
18 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.45% of their portfolio PLYMOUTH, MN 4,227,3114.2m $156.2m $156.2m 0.45% Reduced -1.6m -1,619,788
19 Steele Capital Management, Inc. 10.13% of their portfolio DUBUQUE, IA 4,209,7304.2m $155.6m $155.6m 10.13% First filing
20 Prime Capital Investment Advisors, LLC 2.01% of their portfolio OVERLAND PARK, KS 3,608,3783.6m $133.4m $133.4m 2.01% Added +16.7k +16,733
21 SageView Advisory Group, LLC 5.06% of their portfolio Newport Beach, CA 3,192,3063.2m $117.6m $117.6m 5.06% Added +779.8k +779,823
22 BESSEMER GROUP INC 0.22% of their portfolio WOODBRIDGE, NJ 3,096,8253.1m $114.5m $114.5m 0.22% Added +3.8k +3,780
23 Cresset Asset Management, LLC 0.68% of their portfolio Chicago, IL 3,012,5903.0m $111.3m $111.3m 0.68% Added +835.2k +835,214
24 McAdam, LLC 7.51% of their portfolio Philadelphia, PA 2,816,9342.8m $104.1m $104.1m 7.51% Added +120.8k +120,753
25 REBALANCE, LLC 8.94% of their portfolio PALO ALTO, CA 2,775,5032.8m $102.6m $102.6m 8.94% Added +198.0k +197,952
26 BRANDYWINE OAK PRIVATE WEALTH LLC 11.36% of their portfolio Kennett Square, PA 2,760,4072.8m $102.0m $102.0m 11.36% Added +8.1k +8,118
27 Avantax Planning Partners, Inc. 3.65% of their portfolio DUBUQUE, IA 2,594,9552.6m $95.9m $95.9m 3.65% Reduced -301.7k -301,729
28 FMR LLC 0.01% of their portfolio BOSTON, MA 2,577,2862.6m $95.3m $95.3m 0.01% Reduced -36.8k -36,833
29 Orgel Wealth Management, LLC 2.59% of their portfolio ALTOONA, WI 2,374,1782.4m $87.7m $87.7m 2.59% Added +158.3k +158,287
30 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 2,273,0352.3m $84.0m $84.0m 0.05% Added +153.1k +153,117
31 Truepoint, Inc. 2.38% of their portfolio CINCINNATI, OH 2,202,1792.2m $81.4m $81.4m 2.38% Reduced -24.7k -24,719
32 Gemmer Asset Management LLC 9.91% of their portfolio WALNUT CREEK, CA 2,185,8452.2m $80.8m $80.8m 9.91% Added +44.3k +44,286
33 Callan Capital, LLC 7.34% of their portfolio LA JOLLA, CA 2,104,0012.1m $77.8m $77.8m 7.34% Reduced -7.9k -7,859
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,040,6662.0m $75.4m $75.4m 0.00% Added +1.9m +1,854,469
35 Matrix Trust Co 17.31% of their portfolio DENVER, CO 2,002,3822.0m $74.0m $74.0m 17.31% Added +29.3k +29,346
36 BENJAMIN F. EDWARDS & COMPANY, INC. 1.48% of their portfolio ST. LOUIS, MO 1,998,1532.0m $73.9m $73.9m 1.48% Added +72.3k +72,326
37 JMG Financial Group, Ltd. 3.07% of their portfolio DOWNERS GROVE, IL 1,979,5522.0m $73.2m $73.2m 3.07% Added +47.2k +47,212
38 Fund Evaluation Group, LLC 5.27% of their portfolio CINCINNATI, OH 1,958,9692.0m $72.4m $72.4m 5.27% Added +10.7k +10,716
39 Composition Wealth, LLC 1.85% of their portfolio LOS ANGELES, CA 1,825,0771.8m $67.5m $67.5m 1.85% Added +481.2k +481,232
40 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,819,4961.8m $67.2m $67.2m 0.02% Added +142.4k +142,388
41 CHOREO, LLC 1.75% of their portfolio ROCKFORD, IL 1,751,8671.8m $64.7m $64.7m 1.75% Reduced -7.8k -7,834
42 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,609,5701.6m $59.5m $59.5m 0.02% Added +58.4k +58,402
43 Bluespring Wealth Management, LLC 6.97% of their portfolio AUSTIN, TX 1,591,4241.6m $58.8m $58.8m 6.97% Added +26.2k +26,153
44 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.48% of their portfolio IRVING, TX 1,551,2851.6m $57.3m $57.3m 0.48% Reduced -720.6k -720,575
45 LAKE STREET ADVISORS GROUP, LLC 2.67% of their portfolio PORTSMOUTH, NH 1,441,3671.4m $53.3m $53.3m 2.67% Reduced -105.1k -105,143
46 MONETA GROUP INVESTMENT ADVISORS LLC 1.05% of their portfolio ST LOUIS, MO 1,439,9571.4m $53.2m $53.2m 1.05% Added +144.7k +144,701
47 FOSTER & MOTLEY INC 3.95% of their portfolio CINCINNATI, OH 1,437,8031.4m $53.1m $53.1m 3.95% Added +19.2k +19,176
48 AE Wealth Management LLC 0.25% of their portfolio TOPEKA, KS 1,352,5631.4m $49.5m $49.5m 0.25% Reduced -14.4k -14,438
49 MML INVESTORS SERVICES, LLC 0.22% of their portfolio SPRINGFIELD, MA 1,287,9011.3m $47.6m $47.6m 0.22% Added +827.7k +827,729
50 FINANCIAL CONSULATE, INC 15.61% of their portfolio HUNT VALLEY, MD 1,284,0501.3m $47.5m $47.5m 15.61% Added +22.1k +22,056
51 Forvis Mazars Wealth Advisors, LLC 1.30% of their portfolio Springfield, MO 1,259,7461.3m $46.6m $46.6m 1.30% Added +7.3k +7,274
52 Charles Schwab Trust Co 4.44% of their portfolio HENDERSON, NV 1,219,2261.2m $45.1m $45.1m 4.44% Added +191.7k +191,734
53 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,169,8931.2m $43.3m $43.3m 0.01% Added +230.6k +230,592
54 Evergreen Advisors, LLC 13.78% of their portfolio CHATTANOOGA, TN 1,148,8781.1m $42.5m $42.5m 13.78% Added +30.4k +30,420
55 KAVAR CAPITAL PARTNERS GROUP, LLC 4.54% of their portfolio LEAWOOD, KS 1,100,3001.1m $40.7m $40.7m 4.54% Added +543.6k +543,632
56 Opus Capital Group, LLC 6.51% of their portfolio CINCINNATI, OH 1,083,9531.1m $40.1m $40.1m 6.51% Reduced -8.9k -8,894
57 Visionary Wealth Advisors 2.89% of their portfolio O'FALLON, IL 1,064,6171.1m $39.3m $39.3m 2.89% Reduced -21.3k -21,304
58 Goelzer Investment Management, Inc. 2.51% of their portfolio CARMEL, IN 1,054,7131.1m $39.0m $39.0m 2.51% Reduced -13.5k -13,487
59 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 1,050,0991.1m $38.8m $38.8m 0.07% Reduced -83.7k -83,655
60 Riverpoint Wealth Management Holdings, LLC 11.23% of their portfolio CHICAGO, IL 1,032,2521.0m $38.2m $38.2m 11.23% Reduced -14.2k -14,166
61 CAPITAL ADVISORS INC/OK 0.84% of their portfolio TULSA, OK 1,017,5701.0m $37.6m $37.6m 0.84% Reduced -72.9k -72,891
62 VALLEY NATIONAL ADVISERS INC 5.84% of their portfolio BETHLEHEM, PA 995,941995.9k $36.8m $36.8m 5.84% Added +4.3k +4,260
63 WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 8.83% of their portfolio GLASTONBURY, CT 992,312992.3k $36.7m $36.7m 8.83% Added +3.9k +3,931
64 JONES FINANCIAL COMPANIES LLLP 0.05% of their portfolio DES PERES, MO 940,754940.8k $34.8m $34.8m 0.05% Added +46.0k +45,989
65 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 912,072912.1k $33.7m $33.7m 0.01% Reduced -26.2k -26,207
66 PINKERTON WEALTH, LLC 6.33% of their portfolio COEUR D ALENE, ID 889,781889.8k $32.9m $32.9m 6.33% Reduced -141.9k -141,912
67 KLINGENSTEIN FIELDS & CO LP 1.45% of their portfolio NEW YORK, NY 878,322878.3k $32.5m $32.5m 1.45% Added +28.2k +28,223
68 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 869,537869.5k $32.1m $32.1m 0.07% Added +397.1k +397,063
69 Apriem Advisors 4.23% of their portfolio IRVINE, CA 857,372857.4k $31.7m $31.7m 4.23% Reduced -47.4k -47,434
70 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 850,763850.8k $31.4m $31.4m 0.00% Added +149.4k +149,359
71 Krilogy Financial LLC 2.63% of their portfolio ST. LOUIS, MO 834,705834.7k $30.9m $30.9m 2.63% Reduced -716.2k -716,198
72 CWM, LLC 0.16% of their portfolio OMAHA, NE 815,948815.9k $30.2m $30.2m 0.16% Added +56.5k +56,454
73 Beacon Pointe Advisors, LLC 0.36% of their portfolio NEWPORT BEACH, CA 809,533809.5k $29.9m $29.9m 0.36% Reduced -28.2k -28,159
74 Leverty Financial Group, LLC 18.36% of their portfolio HUDSON, WI 783,415783.4k $29.0m $29.0m 18.36% Added +19.7k +19,656
75 ACT WEALTH MANAGEMENT, LLC 15.34% of their portfolio PLANO, TX 769,344769.3k $28.4m $28.4m 15.34% Added +25.7k +25,701
76 PITTENGER & ANDERSON INC 1.25% of their portfolio LINCOLN, NE 754,467754.5k $27.9m $27.9m 1.25% Added +70.5k +70,510
77 Benchmark Financial Wealth Advisors, LLC 11.76% of their portfolio BOCA RATON, FL 738,401738.4k $27.3m $27.3m 11.76% Added +10.1k +10,074
78 HB Wealth Management, LLC 0.37% of their portfolio Atlanta, GA 695,975696.0k $25.7m $25.7m 0.37% Reduced -68.1k -68,111
79 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 679,465679.5k $25.1m $25.1m 0.01% Added +512.9k +512,940
80 Pacific Sage Partners, LLC 6.81% of their portfolio EDMONDS, WA 672,926672.9k $24.9m $24.9m 6.81% Added +18.3k +18,262
81 Summit Asset Management, LLC 5.95% of their portfolio MEMPHIS, TN 672,653672.7k $24.9m $24.9m 5.95% Added +23.9k +23,916
82 OneDigital Investment Advisors LLC 0.41% of their portfolio OVERLAND PARK, KS 631,909631.9k $23.4m $23.4m 0.41% Reduced -778.2k -778,196
83 Courage Miller Partners, LLC 8.70% of their portfolio NORFOLK, VA 622,383622.4k $23.0m $23.0m 8.70% Added +15.7k +15,710
84 NORTHWEST INVESTMENT COUNSELORS, LLC 6.12% of their portfolio Lake Oswego, OR 619,520619.5k $22.9m $22.9m 6.12% Reduced -8.1k -8,116
85 MorganRosel Wealth Management, LLC 8.75% of their portfolio HIGHLANDS RANCH, CO 612,078612.1k $22.6m $22.6m 8.75% Added +969 +969
86 BALLAST ADVISORS LLC 8.42% of their portfolio WOODBURY, MN 610,408610.4k $22.6m $22.6m 8.42% Reduced -9.6k -9,624
87 Boltwood Capital Management 7.32% of their portfolio WALNUT CREEK, CA 597,580597.6k $22.1m $22.1m 7.32% Added +29.9k +29,878
88 GHP Investment Advisors, Inc. 1.17% of their portfolio Denver, CO 586,265586.3k $21.7m $21.7m 1.17% Added +13.2k +13,228
89 Perigon Wealth Management, LLC 0.71% of their portfolio SAN FRANCISCO, CA 585,237585.2k $21.6m $21.6m 0.71% Added +9.0k +8,975
90 RIVERSEDGE ADVISORS, LLC 5.79% of their portfolio Wilmington, DE 572,176572.2k $21.1m $21.1m 5.79% Added +5.3k +5,266
91 Paradigm, Strategies in Wealth Management, LLC 13.81% of their portfolio Maple Grove, MN 568,186568.2k $21.0m $21.0m 13.81% Reduced -9.3k -9,288
92 BlueSky Wealth Advisors, LLC 3.89% of their portfolio New Bern, NC 566,503566.5k $20.9m $20.9m 3.89% Added +5.3k +5,291
93 HHM Wealth Advisors, LLC 3.63% of their portfolio CHATTANOOGA, TN 564,282564.3k $20.9m $20.9m 3.63% Added +211 +211
94 LEAVELL INVESTMENT MANAGEMENT, INC. 1.32% of their portfolio MOBILE, AL 562,113562.1k $20.8m $20.8m 1.32% Reduced -38.0k -37,995
95 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 536,799536.8k $19.8m $19.8m 0.02% Added +375.2k +375,197
96 WealthShield Partners, LLC 3.26% of their portfolio CARY, NC 535,456535.5k $19.8m $19.8m 3.26% Reduced -13.1k -13,137
97 Curi Wealth Management, LLC 2.72% of their portfolio Raleigh, NC 533,694533.7k $19.7m $19.7m 2.72% Added +27.5k +27,473
98 RED CEDAR INVESTMENT MANAGEMENT, LLC 2.79% of their portfolio GRAND RAPIDS, MI 525,097525.1k $19.4m $19.4m 2.79% Added +10.3k +10,256
99 Koesten, Hirschmann & Crabtree, INC. 13.08% of their portfolio OVERLAND PARK, KS 509,517509.5k $18.8m $18.8m 13.08% Added +4.5k +4,548
100 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 7.95% of their portfolio EAGLE, ID 509,139509.1k $18.8m $18.8m 7.95% Added +10.6k +10,615