Vault-13

SCHWAB STRATEGIC TR SCHF

INTL EQTY ETF · ETP · CUSIP 808524805

1,604 institutional holders +57 vs Q4 2025
1,439,039,7261.4bn shares reported held*
$35.6bnreported value*
116 new 633 added 544 reduced 56 sold out net sold ≈ $42.6m (-2.1m 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 ($23.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.76. Options: 3 managers hold calls ($4.0m notional), 0 hold puts (—).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 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: 1,365Q3 25: 1,398Q4 25: 1,547Q1 26: 1,6041,604Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 20251,398
Q4 20251,547
Q1 20261,604

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 24: 521 bought or addedQ2 24: 472 cut or sold outQ3 24: 615 bought or addedQ3 24: 426 cut or sold outQ3 24Q4 24: 643 bought or addedQ4 24: 474 cut or sold outQ1 25: 569 bought or addedQ1 25: 584 cut or sold outQ1 25Q2 25: 677 bought or addedQ2 25: 543 cut or sold outQ3 25: 622 bought or addedQ3 25: 524 cut or sold outQ3 25Q4 25: 800 bought or addedQ4 25: 468 cut or sold outQ1 26: 749 bought or addedQ1 26: 600 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024521472
Q3 2024615426
Q4 2024643474
Q1 2025569584
Q2 2025677543
Q3 2025622524
Q4 2025800468
Q1 2026749600

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ2 25 calls: $875.2kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $3.6mQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $3.3mQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $4.0mQ1 26 puts: $0Q1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$875.2k$00.00
Q3 2025$3.6m$00.00
Q4 2025$3.3m$00.00
Q1 2026$4.0m$00.00

Biggest buyers

JANE STREET GROUP, LLC New +6,402,151+6.4m
Creative Planning Added +5,277,974+5.3m
Empower Advisory Group, LLC Added +4,917,272+4.9m
Wealthfront Advisers LLC Added +4,858,558+4.9m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +4,533,317+4.5m
BANK OF AMERICA CORP /DE/ Added +2,538,166+2.5m
JONES FINANCIAL COMPANIES LLLP Added +1,879,833+1.9m
ENVESTNET ASSET MANAGEMENT INC Added +1,626,377+1.6m
Composition Wealth, LLC Added +1,573,298+1.6m
Wealthspire Advisors, LLC Added +1,310,281+1.3m

Biggest sellers

Corient Private Wealth LP Reduced -21,646,671-21.6m
MORGAN STANLEY Reduced -6,752,758-6.8m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -5,780,130-5.8m
Financial Engines Advisors L.L.C. Reduced -4,385,050-4.4m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -3,681,999-3.7m
BNP PARIBAS FINANCIAL MARKETS Reduced -2,587,195-2.6m
GOLDMAN SACHS GROUP INC Reduced -1,434,075-1.4m
Prime Capital Investment Advisors, LLC Reduced -1,403,120-1.4m
CITADEL ADVISORS LLC Reduced -1,325,504-1.3m
US BANCORP \DE\ Reduced -1,309,604-1.3m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.7m147.9k shares
JANE STREET GROUP, LLC New $326.7k13.2k shares
GROUP ONE TRADING LLC Unchanged $7.4k300 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 4.61% of their portfolio MILWAUKEE, WI 302,286,734302.3m $7.5bn $7.5bn 4.61% Added +4.5m +4,533,317
2 Empower Advisory Group, LLC 11.93% of their portfolio Greenwood Village, CO 185,695,369185.7m $4.6bn $4.6bn 11.93% Added +4.9m +4,917,272
3 Financial Engines Advisors L.L.C. 7.67% of their portfolio SANTA CLARA, CA 152,570,229152.6m $3.8bn $3.8bn 7.67% Reduced -4.4m -4,385,050
4 Wealthfront Advisers LLC 6.32% of their portfolio Palo Alto, CA 116,338,040116.3m $2.9bn $2.9bn 6.32% Added +4.9m +4,858,558
5 Creative Planning 0.79% of their portfolio OVERLAND PARK, KS 47,134,84347.1m $1.2bn $1.2bn 0.79% Added +5.3m +5,277,974
6 Betterment LLC 0.99% of their portfolio NEW YORK, NY 21,209,36421.2m $524.9m $524.9m 0.99% Reduced -651.1k -651,134
7 HighTower Advisors, LLC 0.56% of their portfolio CHICAGO, IL 21,192,86121.2m $524.5m $524.5m 0.56% Added +571.0k +570,984
8 Corient Private Wealth LP 0.68% of their portfolio MIAMI, FL 19,146,19019.1m $473.7m $473.7m 0.68% Reduced -21.6m -21,646,671
9 Composition Wealth, LLC 5.27% of their portfolio LOS ANGELES, CA 15,506,94715.5m $383.8m $383.8m 5.27% Added +1.6m +1,573,298
10 US BANCORP \DE\ 0.38% of their portfolio MINNEAPOLIS, MN 12,623,82012.6m $312.4m $312.4m 0.38% Reduced -1.3m -1,309,604
11 SCS Capital Management LLC 3.27% of their portfolio BOSTON, MA 12,487,96012.5m $309.1m $309.1m 3.27% Reduced -40.0k -40,038
12 Wealthspire Advisors, LLC 2.37% of their portfolio NEW YORK, NY 12,209,08012.2m $302.2m $302.2m 2.37% Added +1.3m +1,310,281
13 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 12,175,39212.2m $301.3m $301.3m 0.02% Reduced -6.8m -6,752,758
14 Mariner, LLC 0.29% of their portfolio Overland Park, KS 9,995,68110.0m $247.2m $247.2m 0.29% Added +1.0m +1,044,246
15 Orgel Wealth Management, LLC 5.02% of their portfolio ALTOONA, WI 9,411,5169.4m $232.9m $232.9m 5.02% Added +479.3k +479,302
16 MERCER GLOBAL ADVISORS INC /ADV 0.33% of their portfolio DENVER, CO 8,901,2388.9m $220.3m $220.3m 0.33% Reduced -221.3k -221,277
17 McAdam, LLC 9.38% of their portfolio Philadelphia, PA 8,408,9408.4m $208.1m $208.1m 9.38% Added +358.8k +358,776
18 JONES FINANCIAL COMPANIES LLLP 0.10% of their portfolio DES PERES, MO 8,345,2018.3m $201.0m $201.0m 0.10% Added +1.9m +1,879,833
19 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 7,478,3047.5m $185.1m $185.1m 0.01% Added +2.5m +2,538,166
20 Avantax Planning Partners, Inc. 4.97% of their portfolio DUBUQUE, IA 7,317,0577.3m $181.1m $181.1m 4.97% Added +118.8k +118,781
21 Cresset Asset Management, LLC 0.75% of their portfolio Chicago, IL 7,007,2467.0m $173.4m $173.4m 0.75% Added +822.3k +822,308
22 Steele Capital Management, Inc. 7.09% of their portfolio DUBUQUE, IA 6,911,3886.9m $171.1m $171.1m 7.09% Added +184.0k +184,011
23 REBALANCE, LLC 9.92% of their portfolio PALO ALTO, CA 6,904,6506.9m $170.9m $170.9m 9.92% Added +20.1k +20,077
24 Cerity Partners LLC 0.24% of their portfolio NEW YORK, NY 6,885,2206.9m $170.7m $170.7m 0.24% Added +181.9k +181,862
25 SageView Advisory Group, LLC 5.98% of their portfolio Newport Beach, CA 6,613,3766.6m $163.7m $163.7m 5.98% Added +1.5k +1,523
26 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 6,575,4176.6m $162.7m $162.7m 0.04% Added +1.6m +1,626,377
27 JANE STREET GROUP, LLC 0.17% of their portfolio NEW YORK, NY 6,402,1516.4m $158.5m $158.5m 0.17% New
28 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 6,221,2346.2m $154.0m $154.0m 0.04% Added +136.3k +136,280
29 Gemmer Asset Management LLC 11.93% of their portfolio WALNUT CREEK, CA 6,097,6166.1m $150.9m $150.9m 11.93% Added +150.1k +150,077
30 BRANDYWINE OAK PRIVATE WEALTH LLC 12.17% of their portfolio Kennett Square, PA 5,847,5065.8m $144.7m $144.7m 12.17% Reduced -73.2k -73,177
31 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 5,831,9415.8m $144.3m $144.3m 0.03% Added +55.3k +55,252
32 BESSEMER GROUP INC 0.22% of their portfolio WOODBRIDGE, NJ 5,683,1785.7m $140.7m $140.7m 0.22% Added +59.3k +59,298
33 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.31% of their portfolio PLYMOUTH, MN 5,609,7165.6m $140.1m $140.1m 0.31% Reduced -3.7m -3,681,999
34 Fund Evaluation Group, LLC 4.21% of their portfolio CINCINNATI, OH 5,533,2375.5m $136.9m $136.9m 4.21% Reduced -193.3k -193,311
35 FMR LLC 0.01% of their portfolio BOSTON, MA 5,375,9225.4m $133.1m $133.1m 0.01% Added +104.8k +104,792
36 MONETA GROUP INVESTMENT ADVISORS LLC 0.85% of their portfolio ST LOUIS, MO 4,579,1184.6m $113.3m $113.3m 0.85% Added +15.7k +15,681
37 UBS Group AG 0.02% of their portfolio ZURICH, V8 4,551,2044.6m $112.6m $112.6m 0.02% Added +1.3m +1,255,776
38 Prime Capital Investment Advisors, LLC 1.27% of their portfolio OVERLAND PARK, KS 4,430,2974.4m $109.6m $109.6m 1.27% Reduced -1.4m -1,403,120
39 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 4,182,8844.2m $103.5m $103.5m 0.02% Added +312.6k +312,598
40 JMG Financial Group, Ltd. 2.80% of their portfolio DOWNERS GROVE, IL 4,116,0774.1m $101.9m $101.9m 2.80% Reduced -124.6k -124,577
41 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 4,042,2254.0m $100.0m $100.0m 0.11% Added +460.9k +460,868
42 Bluespring Wealth Management, LLC 7.71% of their portfolio AUSTIN, TX 3,613,3633.6m $89.4m $89.4m 7.71% Reduced -12.3k -12,255
43 BENJAMIN EDWARDS INC 0.88% of their portfolio Clayton, MO 3,563,5003.6m $88.2m $88.2m 0.88% Reduced -630.8k -630,773
44 CHOREO, LLC 1.07% of their portfolio ROCKFORD, IL 3,536,4093.5m $87.5m $87.5m 1.07% Added +784.6k +784,566
45 Charles Schwab Trust Co 5.59% of their portfolio HENDERSON, NV 3,481,7903.5m $86.2m $86.2m 5.59% Reduced -25.7k -25,672
46 AlphaCore Capital LLC 1.91% of their portfolio LA JOLLA, CA 3,258,8913.3m $80.7m $80.7m 1.91% Reduced -263.5k -263,541
47 Truepoint, Inc. 1.79% of their portfolio CINCINNATI, OH 3,251,6803.3m $80.5m $80.5m 1.79% Reduced -127.3k -127,291
48 CWM, LLC 0.21% of their portfolio OMAHA, NE 3,218,4863.2m $79.7m $79.7m 0.21% Added +284.4k +284,417
49 Focus Partners Wealth 0.09% of their portfolio ST LOUIS, MO 3,172,9353.2m $78.6m $78.6m 0.09% Added +234.2k +234,202
50 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 3,143,2773.1m $77.8m $77.8m 0.11% Added +463.2k +463,238
51 Beacon Pointe Advisors, LLC 0.41% of their portfolio NEWPORT BEACH, CA 3,125,7533.1m $77.4m $77.4m 0.41% Added +186.5k +186,451
52 FOSTER & MOTLEY INC 3.97% of their portfolio CINCINNATI, OH 3,112,3463.1m $77.0m $77.0m 3.97% Added +13.4k +13,360
53 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,957,2853.0m $73.2m $73.2m 0.01% Reduced -281.8k -281,752
54 OARSMAN CAPITAL, INC. 8.63% of their portfolio MILWAUKEE, WI 2,806,5542.8m $69.5m $69.5m 8.63% Added +220.6k +220,629
55 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,705,6732.7m $67.0m $67.0m 0.02% Added +205.1k +205,079
56 MML INVESTORS SERVICES, LLC 0.18% of their portfolio SPRINGFIELD, MA 2,656,0342.7m $65.7m $65.7m 0.18% Reduced -264.9k -264,933
57 Waverly Advisors, LLC 0.48% of their portfolio BIRMINGHAM, AL 2,560,3982.6m $63.4m $63.4m 0.48% Added +1.2m +1,153,940
58 Evergreen Advisors, LLC 14.36% of their portfolio CHATTANOOGA, TN 2,470,8992.5m $61.2m $61.2m 14.36% Added +20.7k +20,654
59 BlueStem Wealth Partners, LLC 6.67% of their portfolio MINNETONKA, MN 2,426,7442.4m $60.1m $60.1m 6.67% Reduced -1.0m -1,005,995
60 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.36% of their portfolio IRVING, TX 2,381,5662.4m $58.9m $58.9m 0.36% Reduced -27.9k -27,917
61 Riverpoint Wealth Management Holdings, LLC 12.26% of their portfolio CHICAGO, IL 2,328,0482.3m $57.6m $57.6m 12.26% Reduced -2.4k -2,442
62 TruNorth Capital Management, LLC 10.48% of their portfolio KALAMAZOO, MI 2,208,6192.2m $54.7m $54.7m 10.48% Added +13.6k +13,587
63 Modern Wealth Management, LLC 0.95% of their portfolio KANSAS CITY, MO 2,188,8512.2m $55.0m $55.0m 0.95% Added +1.6k +1,593
64 Bleakley Financial Group, LLC 0.79% of their portfolio PARSIPPANY, NJ 2,045,2992.0m $50.6m $50.6m 0.79% Added +804.9k +804,863
65 CITIZENS FINANCIAL GROUP INC/RI 0.70% of their portfolio PROVIDENCE, RI 2,027,1272.0m $50.2m $50.2m 0.70% Added +127.7k +127,736
66 Matrix Trust Co 8.29% of their portfolio DENVER, CO 2,015,8022.0m $49.9m $49.9m 8.29% Reduced -5.6k -5,588
67 MAI Capital Management 0.27% of their portfolio INDEPENDENCE, OH 1,907,7991.9m $47.2m $47.2m 0.27% Added +6.2k +6,249
68 Procyon Advisors, LLC 2.29% of their portfolio SHELTON, CT 1,890,2251.9m $46.8m $46.8m 2.29% Reduced -94.8k -94,762
69 PITTENGER & ANDERSON INC 1.85% of their portfolio LINCOLN, NE 1,880,8591.9m $46.6m $46.6m 1.85% Reduced -4.0k -4,019
70 Visionary Wealth Advisors 2.05% of their portfolio O'FALLON, IL 1,868,7031.9m $46.3m $46.3m 2.05% Added +45.5k +45,488
71 FINANCIAL CONSULATE, INC 5.72% of their portfolio HUNT VALLEY, MD 1,854,4081.9m $45.9m $45.9m 5.72% Added +30.8k +30,789
72 Rockefeller Capital Management L.P. 0.08% of their portfolio NEW YORK, NY 1,847,1191.8m $45.7m $45.7m 0.08% Added +89.7k +89,696
73 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 1,825,5351.8m $45.2m $45.2m 0.12% Added +279.0k +278,991
74 Goelzer Investment Management, Inc. 2.17% of their portfolio CARMEL, IN 1,813,5501.8m $44.9m $44.9m 2.17% Reduced -27.1k -27,053
75 CAPITAL ADVISORS INC/OK 0.72% of their portfolio TULSA, OK 1,798,6681.8m $44.5m $44.5m 0.72% Reduced -561.6k -561,580
76 Forvis Mazars Wealth Advisors, LLC 0.82% of their portfolio Springfield, MO 1,736,6271.7m $43.0m $43.0m 0.82% Reduced -88.1k -88,083
77 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,729,7161.7m $41.5m $41.5m 0.00% Added +629.8k +629,762
78 Pacific Sage Partners, LLC 6.53% of their portfolio EDMONDS, WA 1,673,2851.7m $41.4m $41.4m 6.53% Added +34.9k +34,861
79 AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio Greenwich, CT 1,627,3971.6m $40.3m $40.3m 0.02% Added +867.3k +867,253
80 Summit Asset Management, LLC 5.57% of their portfolio MEMPHIS, TN 1,618,8961.6m $40.1m $40.1m 5.57% Added +26.9k +26,926
81 BlueSky Wealth Advisors, LLC 4.98% of their portfolio New Bern, NC 1,562,8971.6m $38.7m $38.7m 4.98% Added +190.8k +190,811
82 Payne Capital Management, LLC 11.53% of their portfolio New York, NY 1,538,3511.5m $38.1m $38.1m 11.53% Added +16.7k +16,672
83 KAVAR CAPITAL PARTNERS GROUP, LLC 4.60% of their portfolio LEAWOOD, KS 1,482,3561.5m $36.7m $36.7m 4.60% Added +32.9k +32,903
84 Operose Advisors LLC 8.44% of their portfolio MILWAUKEE, WI 1,470,2971.5m $36.4m $36.4m 8.44% Added +265.0k +265,025
85 Perigon Wealth Management, LLC 0.64% of their portfolio SAN FRANCISCO, CA 1,414,5061.4m $35.0m $35.0m 0.64% Added +51.0k +51,001
86 HB Wealth Management, LLC 0.23% of their portfolio Atlanta, GA 1,413,4741.4m $35.0m $35.0m 0.23% Reduced -22.7k -22,652
87 Persium Advisors, LLC 26.77% of their portfolio ATLANTA, GA 1,374,0681.4m $34.0m $34.0m 26.77% Reduced -19.3k -19,260
88 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 1,313,9471.3m $32.5m $32.5m 0.05% Reduced -655.6k -655,580
89 VOISARD ASSET MANAGEMENT GROUP, INC. 6.89% of their portfolio Grand Rapids, MI 1,305,2571.3m $32.3m $32.3m 6.89% Added +33.4k +33,391
90 GHP Investment Advisors, Inc. 1.31% of their portfolio Denver, CO 1,285,1631.3m $31.8m $31.8m 1.31% Added +561 +561
91 LCW Services, LLC 15.77% of their portfolio VIRGINIA BEACH, VA 1,282,5831.3m $31.7m $31.7m 15.77% Added +76.8k +76,845
92 PINKERTON WEALTH, LLC 2.79% of their portfolio COEUR D ALENE, ID 1,274,7481.3m $30.6m $30.6m 2.79% Reduced -56.4k -56,391
93 FSM Wealth Advisors, LLC 4.02% of their portfolio CLEVELAND, OH 1,264,0731.3m $31.3m $31.3m 4.02% Added +276.8k +276,762
94 Avidian Wealth Enterprises, LLC 0.99% of their portfolio Houston, TX 1,261,8561.3m $31.2m $31.2m 0.99% Reduced -133.8k -133,794
95 Bangor Savings Bank 2.47% of their portfolio BANGOR, ME 1,247,0161.2m $30.9m $30.9m 2.47% Added +115 +115
96 Courage Miller Partners, LLC 8.67% of their portfolio NORFOLK, VA 1,241,4591.2m $30.7m $30.7m 8.67% Reduced -8.6k -8,638
97 BERKSHIRE ASSET MANAGEMENT LLC/PA 1.29% of their portfolio WILKES BARRE, PA 1,215,3301.2m $30.1m $30.1m 1.29% Added +136.9k +136,900
98 BALLAST ADVISORS LLC 8.73% of their portfolio WOODBURY, MN 1,212,0481.2m $30.0m $30.0m 8.73% Reduced -11.5k -11,539
99 JOHNSON INVESTMENT COUNSEL INC 0.24% of their portfolio Cincinnati, OH 1,206,8171.2m $29.9m $29.9m 0.24% Added +40.5k +40,494
100 True Freedom Investing, LLC 2.25% of their portfolio COEUR D'ALENE, ID 1,186,7231.2m $29.4m $29.4m 2.25% Added +105.7k +105,665