Vault-13

SCHWAB STRATEGIC TR SCHF

INTL EQTY ETF · ETP · CUSIP 808524805

1,365 institutional holders +54 vs Q1 2025
1,438,461,0651.4bn shares reported held*
$31.8bnreported value*
114 new 563 added 481 reduced 62 sold out net sold ≈ $51.3m (-2.5m 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 ($9.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.13. Options: 2 managers hold calls ($875.2k notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 909Q4 22: 986Q1 23: 999Q2 23: 1,011Q3 23: 1,013Q4 23: 1,114Q1 24: 1,119Q2 24: 1,132Q3 24: 1,197Q4 24: 1,298Q1 25: 1,311Q2 25: 1,3651,365Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022909
Q4 2022986
Q1 2023999
Q2 20231,011
Q3 20231,013
Q4 20231,114
Q1 20241,119
Q2 20241,132
Q3 20241,197
Q4 20241,298
Q1 20251,311
Q2 20251,365

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 23: 482 bought or addedQ3 23: 417 cut or sold outQ4 23: 557 bought or addedQ4 23: 412 cut or sold outQ4 23Q1 24: 495 bought or addedQ1 24: 504 cut or sold outQ2 24: 521 bought or addedQ2 24: 472 cut or sold outQ2 24Q3 24: 615 bought or addedQ3 24: 426 cut or sold outQ4 24: 643 bought or addedQ4 24: 474 cut or sold outQ4 24Q1 25: 569 bought or addedQ1 25: 584 cut or sold outQ2 25: 677 bought or addedQ2 25: 543 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023482417
Q4 2023557412
Q1 2024495504
Q2 2024521472
Q3 2024615426
Q4 2024643474
Q1 2025569584
Q2 2025677543

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 24 calls: $3.3mQ3 24 puts: $341.3kQ3 24P/C 0.10Q4 24 calls: $716.0kQ4 24 puts: $223.8kQ4 24P/C 0.31Q1 25 calls: $1.0mQ1 25 puts: $77.1kQ1 25P/C 0.07Q2 25 calls: $875.2kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$3.3m$341.3k0.10
Q4 2024$716.0k$223.8k0.31
Q1 2025$1.0m$77.1k0.07
Q2 2025$875.2k$00.00

Biggest buyers

Wealthfront Advisers LLC Added +4,920,805+4.9m
Composition Wealth, LLC Added +4,014,391+4.0m
AlphaCore Capital LLC Added +3,753,737+3.8m
OLD MISSION CAPITAL LLC Added +3,675,894+3.7m
ROYAL BANK OF CANADA Added +3,521,921+3.5m
JANE STREET GROUP, LLC Added +1,680,303+1.7m
Christopher J. Hasenberg, Inc New +1,300,023+1.3m
BlueStem Wealth Partners, LLC Added +1,163,229+1.2m
Bleakley Financial Group, LLC Added +1,082,577+1.1m
Wealthspire Advisors, LLC Added +1,065,094+1.1m

Biggest sellers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -16,386,474-16.4m
Financial Engines Advisors L.L.C. Reduced -10,397,160-10.4m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -5,340,313-5.3m
Prime Capital Investment Advisors, LLC Reduced -3,473,866-3.5m
Leverty Financial Group, LLC Reduced -2,163,897-2.2m
US BANCORP \DE\ Reduced -973,842-973.8k
Thrivent Financial for Lutherans Reduced -929,665-929.7k
Empower Advisory Group, LLC Reduced -790,075-790.1k
Corient Private Wealth LP Reduced -786,822-786.8k
Betterment LLC Reduced -653,434-653.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $875.2k39.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

None

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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 5.34% of their portfolio MILWAUKEE, WI 331,705,736331.7m $7.3bn $7.3bn 5.34% Reduced -16.4m -16,386,474
2 Empower Advisory Group, LLC 12.18% of their portfolio Greenwood Village, CO 184,001,503184.0m $4.1bn $4.1bn 12.18% Reduced -790.1k -790,075
3 Financial Engines Advisors L.L.C. 7.06% of their portfolio SANTA CLARA, CA 159,968,464160.0m $3.5bn $3.5bn 7.06% Reduced -10.4m -10,397,160
4 Wealthfront Advisers LLC 6.24% of their portfolio Palo Alto, CA 109,691,724109.7m $2.4bn $2.4bn 6.24% Added +4.9m +4,920,805
5 Creative Planning 0.78% of their portfolio OVERLAND PARK, KS 41,355,79241.4m $914.0m $914.0m 0.78% Added +98.7k +98,651
6 Betterment LLC 1.08% of their portfolio NEW YORK, NY 22,942,14122.9m $507.0m $507.0m 1.08% Reduced -653.4k -653,434
7 HighTower Advisors, LLC 0.61% of their portfolio CHICAGO, IL 21,922,38121.9m $484.5m $484.5m 0.61% Added +272.1k +272,113
8 Wealthspire Advisors, LLC 2.67% of their portfolio NEW YORK, NY 21,525,35621.5m $475.7m $475.7m 2.67% Added +1.1m +1,065,094
9 Corient Private Wealth LP 0.61% of their portfolio MIAMI, FL 20,840,93620.8m $460.6m $460.6m 0.61% Reduced -786.8k -786,822
10 US BANCORP \DE\ 0.38% of their portfolio MINNEAPOLIS, MN 13,545,10013.5m $299.3m $299.3m 0.38% Reduced -973.8k -973,842
11 SCS Capital Management LLC 3.18% of their portfolio BOSTON, MA 12,964,04813.0m $286.5m $286.5m 3.18% Reduced -172.3k -172,302
12 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 12,494,81812.5m $276.1m $276.1m 0.08% Reduced -189.9k -189,879
13 Composition Wealth, LLC 4.30% of their portfolio LOS ANGELES, CA 11,576,09711.6m $255.8m $255.8m 4.30% Added +4.0m +4,014,391
14 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 10,353,86510.4m $228.8m $228.8m 0.01% Added +852.8k +852,751
15 MERCER GLOBAL ADVISORS INC /ADV 0.48% of their portfolio DENVER, CO 9,612,6999.6m $212.4m $212.4m 0.48% Reduced -456.8k -456,849
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.34% of their portfolio PLYMOUTH, MN 9,316,3119.3m $206.6m $206.6m 0.34% Reduced -37.3k -37,301
17 Mariner, LLC 0.28% of their portfolio Overland Park, KS 8,822,6888.8m $195.0m $195.0m 0.28% Reduced -77.7k -77,682
18 Orgel Wealth Management, LLC 4.56% of their portfolio ALTOONA, WI 8,570,4318.6m $189.4m $189.4m 4.56% Reduced -50.5k -50,512
19 SageView Advisory Group, LLC 6.09% of their portfolio Newport Beach, CA 7,258,9617.3m $161.0m $161.0m 6.09% Added +458.6k +458,604
20 Steele Capital Management, Inc. 7.12% of their portfolio DUBUQUE, IA 6,700,5876.7m $148.4m $148.4m 7.12% Added +82.0k +81,985
21 Cerity Partners LLC 0.26% of their portfolio NEW YORK, NY 6,655,9816.7m $147.1m $147.1m 0.26% Added +22.5k +22,463
22 McAdam, LLC 7.93% of their portfolio Philadelphia, PA 6,556,2286.6m $144.9m $144.9m 7.93% Added +63.9k +63,947
23 Prime Capital Investment Advisors, LLC 1.92% of their portfolio OVERLAND PARK, KS 6,553,5496.6m $144.8m $144.8m 1.92% Reduced -3.5m -3,473,866
24 Avantax Planning Partners, Inc. 4.40% of their portfolio DUBUQUE, IA 6,279,1636.3m $138.8m $138.8m 4.40% Reduced -161.2k -161,228
25 REBALANCE, LLC 9.27% of their portfolio PALO ALTO, CA 6,170,4116.2m $136.4m $136.4m 9.27% Reduced -347.8k -347,824
26 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 5,998,5306.0m $132.6m $132.6m 0.01% Added +3.5m +3,521,921
27 BESSEMER GROUP INC 0.21% of their portfolio WOODBRIDGE, NJ 5,867,0335.9m $129.7m $129.7m 0.21% Reduced -151.8k -151,774
28 BRANDYWINE OAK PRIVATE WEALTH LLC 11.92% of their portfolio Kennett Square, PA 5,821,7595.8m $128.7m $128.7m 11.92% Reduced -205.3k -205,262
29 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 5,560,4205.6m $122.9m $122.9m 0.04% Added +620.1k +620,121
30 Cresset Asset Management, LLC 0.61% of their portfolio Chicago, IL 5,537,5245.5m $122.4m $122.4m 0.61% Reduced -124.9k -124,905
31 FMR LLC 0.01% of their portfolio BOSTON, MA 5,194,4655.2m $114.8m $114.8m 0.01% Reduced -132.8k -132,752
32 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 5,145,7425.1m $113.7m $113.7m 0.03% Added +622.6k +622,602
33 JONES FINANCIAL COMPANIES LLLP 0.08% of their portfolio DES PERES, MO 4,878,6734.9m $107.6m $107.6m 0.08% Added +657.1k +657,141
34 Gemmer Asset Management LLC 9.49% of their portfolio WALNUT CREEK, CA 4,839,0924.8m $106.9m $106.9m 9.49% Added +357.4k +357,356
35 Fund Evaluation Group, LLC 4.10% of their portfolio CINCINNATI, OH 4,804,4384.8m $106.2m $106.2m 4.10% Added +790.6k +790,573
36 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 4,737,9304.7m $104.7m $104.7m 0.01% Added +270.4k +270,405
37 MONETA GROUP INVESTMENT ADVISORS LLC 1.16% of their portfolio ST LOUIS, MO 4,410,9714.4m $97.5m $97.5m 1.16% Added +235.6k +235,613
38 JMG Financial Group, Ltd. 2.95% of their portfolio DOWNERS GROVE, IL 4,403,2034.4m $97.3m $97.3m 2.95% Added +19.1k +19,102
39 OLD MISSION CAPITAL LLC 2.41% of their portfolio CHICAGO, IL 4,094,7034.1m $90.5m $90.5m 2.41% Added +3.7m +3,675,894
40 UBS Group AG 0.02% of their portfolio ZURICH, V8 3,822,7913.8m $84.5m $84.5m 0.02% Reduced -21.3k -21,318
41 AlphaCore Capital LLC 3.18% of their portfolio LA JOLLA, CA 3,764,6143.8m $83.2m $83.2m 3.18% Added +3.8m +3,753,737
42 BENJAMIN EDWARDS INC 1.04% of their portfolio Clayton, MO 3,709,5363.7m $82.0m $82.0m 1.04% Added +138.2k +138,166
43 Bluespring Wealth Management, LLC 7.70% of their portfolio AUSTIN, TX 3,663,1823.7m $81.0m $81.0m 7.70% Added +22.5k +22,535
44 Truepoint, Inc. 1.97% of their portfolio CINCINNATI, OH 3,582,3923.6m $79.2m $79.2m 1.97% Reduced -135.8k -135,835
45 JANE STREET GROUP, LLC 0.12% of their portfolio NEW YORK, NY 3,427,3113.4m $75.7m $75.7m 0.12% Added +1.7m +1,680,303
46 BlueStem Wealth Partners, LLC 8.98% of their portfolio MINNETONKA, MN 3,308,4783.3m $73.1m $73.1m 8.98% Added +1.2m +1,163,229
47 CWM, LLC 0.26% of their portfolio OMAHA, NE 3,291,5393.3m $72.7m $72.7m 0.26% Added +289.0k +288,986
48 Charles Schwab Trust Co 5.33% of their portfolio HENDERSON, NV 3,214,0733.2m $71.0m $71.0m 5.33% Reduced -290.6k -290,618
49 FOSTER & MOTLEY INC 3.97% of their portfolio CINCINNATI, OH 3,110,3083.1m $68.7m $68.7m 3.97% Reduced -84.4k -84,351
50 CHOREO, LLC 0.88% of their portfolio ROCKFORD, IL 2,859,9282.9m $63.2m $63.2m 0.88% Reduced -177.8k -177,769
51 MML INVESTORS SERVICES, LLC 0.17% of their portfolio SPRINGFIELD, MA 2,651,4152.7m $58.6m $58.6m 0.17% Reduced -109.3k -109,260
52 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 2,589,4102.6m $57.2m $57.2m 0.01% Added +188.2k +188,186
53 Opus Capital Group, LLC 6.64% of their portfolio CINCINNATI, OH 2,510,7562.5m $55.5m $55.5m 6.64% Reduced -70.2k -70,216
54 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.44% of their portfolio IRVING, TX 2,457,1492.5m $54.3m $54.3m 0.44% Reduced -177.1k -177,101
55 Focus Partners Wealth 0.12% of their portfolio ST LOUIS, MO 2,435,7922.4m $53.8m $53.8m 0.12% Added +312.4k +312,364
56 Evergreen Advisors, LLC 14.17% of their portfolio CHATTANOOGA, TN 2,419,7682.4m $53.5m $53.5m 14.17% Reduced -40.7k -40,655
57 CAPITAL ADVISORS INC/OK 0.93% of their portfolio TULSA, OK 2,346,2472.3m $51.9m $51.9m 0.93% Added +93.8k +93,819
58 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 2,335,8812.3m $51.6m $51.6m 0.09% Reduced -276.8k -276,778
59 Riverpoint Wealth Management Holdings, LLC 11.85% of their portfolio CHICAGO, IL 2,278,4952.3m $50.4m $50.4m 11.85% Added +14.8k +14,767
60 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,188,3662.2m $48.4m $48.4m 0.02% Added +125.6k +125,615
61 Forvis Mazars Wealth Advisors, LLC 1.01% of their portfolio Springfield, MO 2,113,4282.1m $46.7m $46.7m 1.01% Reduced -137.8k -137,812
62 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio BALA CYNWYD, PA 2,110,5242.1m $46.6m $46.6m 0.07% Reduced -5.3m -5,340,313
63 Matrix Trust Co 7.22% of their portfolio DENVER, CO 2,052,4092.1m $45.4m $45.4m 7.22% Added +19.4k +19,446
64 WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 8.23% of their portfolio GLASTONBURY, CT 2,011,2392.0m $44.4m $44.4m 8.23% Reduced -73.2k -73,231
65 AE Wealth Management LLC 0.32% of their portfolio TOPEKA, KS 2,010,8942.0m $44.4m $44.4m 0.32% Added +770.9k +770,917
66 TruNorth Capital Management, LLC 9.87% of their portfolio KALAMAZOO, MI 2,010,0192.0m $44.4m $44.4m 9.87% Added +174.2k +174,165
67 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 1,961,5502.0m $43.4m $43.4m 0.06% Added +76.7k +76,698
68 MAI Capital Management 0.29% of their portfolio INDEPENDENCE, OH 1,901,3951.9m $42.0m $42.0m 0.29% Added +233.4k +233,428
69 Goelzer Investment Management, Inc. 2.28% of their portfolio CARMEL, IN 1,881,3821.9m $41.6m $41.6m 2.28% Reduced -10.3k -10,332
70 OARSMAN CAPITAL, INC. 6.50% of their portfolio MILWAUKEE, WI 1,874,3311.9m $41.4m $41.4m 6.50% Added +162.3k +162,342
71 PITTENGER & ANDERSON INC 1.48% of their portfolio LINCOLN, NE 1,831,7741.8m $40.5m $40.5m 1.48% Added +35.6k +35,605
72 FINANCIAL CONSULATE, INC 7.98% of their portfolio HUNT VALLEY, MD 1,829,9041.8m $40.4m $40.4m 7.98% Reduced -35.5k -35,542
73 AVANTAX ADVISORY SERVICES, INC. 0.22% of their portfolio DALLAS, TX 1,781,1731.8m $39.4m $39.4m 0.22% Added +27.0k +27,001
74 Beacon Pointe Advisors, LLC 0.41% of their portfolio NEWPORT BEACH, CA 1,760,0241.8m $38.9m $38.9m 0.41% Added +273.8k +273,769
75 CITIZENS FINANCIAL GROUP INC/RI 0.62% of their portfolio PROVIDENCE, RI 1,733,7681.7m $38.3m $38.3m 0.62% Added +509.4k +509,369
76 Vestwell Advisors, LLC 17.14% of their portfolio NEW YORK, NY 1,718,8061.7m $38.0m $38.0m 17.14% First filing
77 Pacific Sage Partners, LLC 7.30% of their portfolio EDMONDS, WA 1,663,8751.7m $36.8m $36.8m 7.30% Reduced -70.9k -70,913
78 Summit Asset Management, LLC 5.66% of their portfolio MEMPHIS, TN 1,572,1751.6m $34.7m $34.7m 5.66% Added +24.3k +24,340
79 Visionary Wealth Advisors 1.73% of their portfolio O'FALLON, IL 1,536,9381.5m $34.0m $34.0m 1.73% Reduced -311.4k -311,362
80 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,515,6621.5m $33.5m $33.5m 0.06% Added +45.2k +45,222
81 Avidian Wealth Enterprises, LLC 1.25% of their portfolio Houston, TX 1,392,5881.4m $30.8m $30.8m 1.25% Reduced -775 -775
82 Payne Capital Management, LLC 11.73% of their portfolio New York, NY 1,377,7071.4m $30.4m $30.4m 11.73% Reduced -3.3k -3,283
83 HB Wealth Management, LLC 0.24% of their portfolio Atlanta, GA 1,366,2541.4m $30.2m $30.2m 0.24% Reduced -148.2k -148,227
84 Krilogy Financial LLC 1.73% of their portfolio ST. LOUIS, MO 1,364,9221.4m $30.2m $30.2m 1.73% Reduced -85.7k -85,682
85 BlueSky Wealth Advisors, LLC 4.38% of their portfolio New Bern, NC 1,363,3731.4m $30.1m $30.1m 4.38% Added +23.5k +23,469
86 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 1,347,2601.3m $29.8m $29.8m 0.09% Added +97.7k +97,721
87 Waverly Advisors, LLC 0.32% of their portfolio BIRMINGHAM, AL 1,327,5721.3m $29.3m $29.3m 0.32% Added +514 +514
88 Courage Miller Partners, LLC 9.28% of their portfolio NORFOLK, VA 1,324,2191.3m $29.3m $29.3m 9.28% Reduced -4.6k -4,635
89 DRW Securities, LLC 2.05% of their portfolio CHICAGO, IL 1,318,5001.3m $29.1m $29.1m 2.05% Added +459.6k +459,608
90 KAVAR CAPITAL PARTNERS GROUP, LLC 4.16% of their portfolio LEAWOOD, KS 1,310,0581.3m $29.0m $29.0m 4.16% Added +33.0k +33,006
91 Persium Advisors, LLC 23.85% of their portfolio ATLANTA, GA 1,303,4241.3m $28.8m $28.8m 23.85% Added +7.7k +7,672
92 Christopher J. Hasenberg, Inc 10.68% of their portfolio EAU CLAIRE, WI 1,300,0231.3m $28.7m $28.7m 10.68% New
93 SEGALL BRYANT & HAMILL, LLC 0.40% of their portfolio CHICAGO, IL 1,295,3831.3m $28.6m $28.6m 0.40% Reduced -44.9k -44,929
94 PINKERTON WEALTH, LLC 3.41% of their portfolio COEUR D ALENE, ID 1,292,7041.3m $28.6m $28.6m 3.41% Added +15.1k +15,081
95 Curi Capital, LLC 0.53% of their portfolio CHICAGO, IL 1,274,3601.3m $28.2m $28.2m 0.53% Reduced -6.0k -5,979
96 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 7.55% of their portfolio EAGLE, ID 1,271,8361.3m $28.1m $28.1m 7.55% Added +22.2k +22,225
97 Bangor Savings Bank 2.51% of their portfolio BANGOR, ME 1,270,0801.3m $28.1m $28.1m 2.51% Reduced -15.9k -15,867
98 HHM Wealth Advisors, LLC 3.29% of their portfolio CHATTANOOGA, TN 1,253,1441.3m $27.7m $27.7m 3.29% Added +20.7k +20,681
99 Benchmark Financial Wealth Advisors, LLC 9.15% of their portfolio BOCA RATON, FL 1,252,5461.3m $27.7m $27.7m 9.15% Added +58.5k +58,527
100 GHP Investment Advisors, Inc. 1.22% of their portfolio Denver, CO 1,250,0861.3m $27.6m $27.6m 1.22% Added +17.7k +17,749