Vault-13

SCHWAB STRATEGIC TR SCHZ

US AGGREGATE B · ETP · CUSIP 808524839

541 institutional holders +2 vs Q4 2022
87,432,09787.4m shares reported held*
$4.1bnreported value*
50 new 224 added 198 reduced 44 sold out net bought ≈ $248.0m (+5.7m 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 ($32.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.66. Options: 1 managers hold calls ($122.0k notional), 1 hold puts ($1.0m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 505Q4 22: 539Q1 23: 541541Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022505
Q4 2022539
Q1 2023541

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 240 bought or addedQ4 22: 257 cut or sold outQ4 22Q1 23: 274 bought or addedQ1 23: 242 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022240257
Q1 2023274242

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $251.1kQ4 22 puts: $246.5kQ4 22P/C 0.98Q1 23 calls: $122.0kQ1 23 puts: $1.0mQ1 23P/C 8.38
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$251.1k$246.5k0.98
Q1 2023$122.0k$1.0m8.38

Biggest buyers

RATIONAL ADVISORS, INC. New +2,447,696+2.4m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +2,323,583+2.3m
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +1,474,975+1.5m
Avantax Planning Partners, Inc. Added +1,384,467+1.4m
TORONTO DOMINION BANK New +995,000+995.0k
AMERIPRISE FINANCIAL INC Added +616,365+616.4k
Summit Wealth Group, LLC New +457,703+457.7k
AlphaStar Capital Management, LLC Added +315,084+315.1k
RAYMOND JAMES & ASSOCIATES Added +223,954+224.0k
Focus Financial Network, Inc. New +199,925+199.9k

Biggest sellers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -3,889,147-3.9m
Destination Wealth Management Reduced -1,322,774-1.3m
Krilogy Financial LLC Reduced -666,090-666.1k
Advisor OS, LLC Sold out -387,096-387.1k
OneDigital Investment Advisors LLC Reduced -231,254-231.3k
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Reduced -193,371-193.4k
MORGAN STANLEY Reduced -126,356-126.4k
Econ Financial Services Corp Reduced -120,262-120.3k
WRAPMANAGER INC Reduced -111,040-111.0k
GOLDMAN SACHS GROUP INC Reduced -89,910-89.9k

Biggest calls

CITADEL ADVISORS LLC Added $122.0k2.6k shares

Biggest puts

CITADEL ADVISORS LLC Added $1.0m21.8k 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.32% of their portfolio SAN FRANCISCO, CA 22,230,38022.2m $1.0bn $1.0bn 0.32% Added +2.3m +2,323,583
2 Avantax Planning Partners, Inc. 6.01% of their portfolio DUBUQUE, IA 3,154,3243.2m $148.0m $148.0m 6.01% Added +1.4m +1,384,467
3 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 2,769,2672.8m $129.8m $129.8m 0.04% Added +616.4k +616,365
4 RATIONAL ADVISORS, INC. 9.37% of their portfolio San Juan, PR 2,447,6962.4m $114.8m $114.8m 9.37% New
5 Financial Engines Advisors L.L.C. 0.30% of their portfolio SANTA CLARA, CA 2,382,2352.4m $111.8m $111.8m 0.30% Added +37.4k +37,412
6 OneDigital Investment Advisors LLC 2.44% of their portfolio OVERLAND PARK, KS 2,222,5512.2m $104.3m $104.3m 2.44% Reduced -231.3k -231,254
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 1.12% of their portfolio PLYMOUTH, MN 2,042,3062.0m $95.8m $95.8m 1.12% Reduced -3.9m -3,889,147
8 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,921,3911.9m $90.1m $90.1m 0.02% Reduced -89.9k -89,910
9 Rockbridge Investment Management, LCC 15.88% of their portfolio Syracuse, NY 1,837,6471.8m $86.2m $86.2m 15.88% Added +162.1k +162,068
10 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 1,828,0751.8m $85.8m $85.8m 0.04% Reduced -37.8k -37,790
11 Baker Avenue Asset Management, LP 3.88% of their portfolio SAN FRANCISCO, CA 1,535,0161.5m $72.0m $72.0m 3.88% Added +19.3k +19,348
12 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.11% of their portfolio BALA CYNWYD, PA 1,474,9751.5m $69.2m $69.2m 0.11% New
13 McAdam, LLC 5.92% of their portfolio Philadelphia, PA 1,402,5331.4m $65.8m $65.8m 5.92% Reduced -27.6k -27,615
14 Destination Wealth Management 1.97% of their portfolio Walnut Creek, CA 1,110,8011.1m $52.1m $52.1m 1.97% Reduced -1.3m -1,322,774
15 HighTower Advisors, LLC 0.10% of their portfolio CHICAGO, IL 1,019,4781.0m $47.8m $47.8m 0.10% Added +114.5k +114,461
16 TORONTO DOMINION BANK 0.08% of their portfolio TORONTO, ONTARIO, A6 995,000995.0k $46.6m $46.6m 0.08% New
17 HENGEHOLD CAPITAL MANAGEMENT LLC 6.23% of their portfolio CINCINNATI, OH 966,423966.4k $45.3m $45.3m 6.23% Added +8.6k +8,602
18 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 949,572949.6k $44.5m $44.5m 0.01% Reduced -56.8k -56,777
19 JANE STREET GROUP, LLC 0.07% of their portfolio NEW YORK, NY 887,308887.3k $41.6m $41.6m 0.07% Added +117.3k +117,297
20 BlueSky Wealth Advisors, LLC 8.52% of their portfolio New Bern, NC 878,005878.0k $41.2m $41.2m 8.52% Added +20.0k +19,990
21 Charles Schwab Trust Co 4.94% of their portfolio HENDERSON, NV 871,623871.6k $40.9m $40.9m 4.94% Added +37.8k +37,793
22 AlphaStar Capital Management, LLC 3.30% of their portfolio CORNELIUS, NC 828,264828.3k $38.9m $38.9m 3.30% Added +315.1k +315,084
23 Total Wealth Planning, LLC 7.91% of their portfolio CINCINNATI, OH 765,024765.0k $35.9m $35.9m 7.91% Added +37.8k +37,750
24 Horst & Graben Wealth Management LLC 8.20% of their portfolio PORTLAND, OR 704,902704.9k $33.1m $33.1m 8.20% Added +179.7k +179,680
25 Sequoia Financial Advisors, LLC 0.67% of their portfolio Akron, OH 647,105647.1k $30.4m $30.4m 0.67% Reduced -38.9k -38,939
26 Kohmann Bosshard Financial Services, LLC 5.14% of their portfolio FAIRLAWN, OH 581,922581.9k $27.4m $27.4m 5.14% Added +46.0k +45,981
27 THEORY FINANCIAL LLC 15.48% of their portfolio FORT COLLINS, CO 550,084550.1k $25.8m $25.8m 15.48% Added +54.0k +54,004
28 Apriem Advisors 4.10% of their portfolio IRVINE, CA 546,911546.9k $25.7m $25.7m 4.10% Reduced -12.8k -12,756
29 MERCER GLOBAL ADVISORS INC /ADV 0.11% of their portfolio DENVER, CO 538,243538.2k $25.2m $25.2m 0.11% Reduced -65.0k -64,985
30 Towercrest Capital Management 5.06% of their portfolio NEWTOWN, PA 518,434518.4k $24.3m $24.3m 5.06% Added +28.8k +28,783
31 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.14% of their portfolio IRVING, TX 516,049516.0k $24.2m $24.2m 0.14% Reduced -15.7k -15,725
32 Alliance Wealth Management Group 8.03% of their portfolio FLEMINGTON, NJ 503,964504.0k $23.6m $23.6m 8.03% Added +28.8k +28,828
33 American Trust 1.53% of their portfolio LEXINGTON, KY 468,230468.2k $22.0m $22.0m 1.53% Reduced -75.4k -75,398
34 Austin Private Wealth, LLC 3.49% of their portfolio Austin, TX 466,477466.5k $21.9m $21.9m 3.49% Added +147.7k +147,655
35 Summit Wealth Group, LLC 0.03% of their portfolio WHITE RIVER JUNCTION, VT 457,703457.7k $10 $10 0.03% New
36 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.63% of their portfolio MINNEAPOLIS, MN 452,774452.8k $21.2m $21.2m 0.63% Reduced -193.4k -193,371
37 Mokosak Advisory Group, LLC 7.75% of their portfolio URBANDALE, IA 387,806387.8k $18.2m $18.2m 7.75% Added +1.4k +1,360
38 New York Life Investment Management LLC 0.20% of their portfolio New York, NY 386,614386.6k $18.1m $18.1m 0.20% Added +17.9k +17,931
39 Larson Financial Group LLC 1.82% of their portfolio ST LOUIS, MO 356,065356.1k $16.7m $16.7m 1.82% Reduced -2.5k -2,548
40 FINANCIAL LIFE ADVISORS 7.09% of their portfolio SAN ANTONIO, TX 351,336351.3k $16.5m $16.5m 7.09% Reduced -86.4k -86,369
41 One Wealth Advisors, LLC 3.74% of their portfolio SAN FRANCISCO, CA 345,414345.4k $16.2m $16.2m 3.74% Added +107.6k +107,627
42 Mariner, LLC 0.05% of their portfolio Overland Park, KS 340,328340.3k $16.0m $16.0m 0.05% Reduced -16.6k -16,579
43 MorganRosel Wealth Management, LLC 6.72% of their portfolio HIGHLANDS RANCH, CO 335,924335.9k $15.8m $15.8m 6.72% Added +43.1k +43,052
44 Tenret Co LLC 13.73% of their portfolio TAMPA, FL 329,713329.7k $15.5m $15.5m 13.73% Added +8.1k +8,090
45 Waterford Advisors, LLC 8.15% of their portfolio ORCHARD PARK, NY 320,890320.9k $15.1m $15.1m 8.15% Added +7.5k +7,532
46 Souders Financial Advisors 3.19% of their portfolio CINCINNATI, OH 320,147320.1k $15.0m $15.0m 3.19% Added +16.1k +16,130
47 KilterHowling LLC 14.03% of their portfolio BOULDER, CO 306,542306.5k $14.4m $14.4m 14.03% Added +142.4k +142,411
48 Blue Trust, Inc. 0.23% of their portfolio BRENTWOOD, TN 306,034306.0k $14.0m $14.0m 0.23% Added +113.6k +113,596
49 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 305,611305.6k $14.3m $14.3m 0.03% Reduced -878 -878
50 FAS Wealth Partners, Inc. 1.51% of their portfolio LEAWOOD, KS 296,735296.7k $13.9m $13.9m 1.51% Added +41.3k +41,287
51 Members Advisory Group LLC 8.87% of their portfolio WILLIAMSVILLE, NY 292,598292.6k $13.7m $13.7m 8.87% Added +8.2k +8,162
52 Pioneer Wealth Management Group 11.60% of their portfolio AUSTIN, TX 277,871277.9k $13.0m $13.0m 11.60% Reduced -12.3k -12,256
53 Beacon Pointe Advisors, LLC 0.22% of their portfolio NEWPORT BEACH, CA 277,613277.6k $13.0m $13.0m 0.22% Added +78.8k +78,772
54 Financial Architects, Inc 2.05% of their portfolio MARLTON, NJ 271,942271.9k $12.8m $12.8m 2.05% Added +4.3k +4,288
55 JMG Financial Group, Ltd. 0.64% of their portfolio DOWNERS GROVE, IL 269,038269.0k $12.6m $12.6m 0.64% Reduced -18.0k -17,970
56 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 266,881266.9k $12.5m $12.5m 0.06% Reduced -33.3k -33,315
57 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 260,285260.3k $12.2m $12.2m 0.01% Added +224.0k +223,954
58 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 256,042256.0k $12.0m $12.0m 0.02% Reduced -27.4k -27,367
59 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 254,894254.9k $12.0m $12.0m 0.02% Added +126.2k +126,215
60 FFG RETIREMENT ADVISORS LLC 10.00% of their portfolio CENTENNIAL, CO 249,036249.0k $11.7m $11.7m 10.00% Added +111.3k +111,289
61 LEAVELL INVESTMENT MANAGEMENT, INC. 0.79% of their portfolio MOBILE, AL 237,068237.1k $11.1m $11.1m 0.79% Reduced -4.4k -4,378
62 Freestone Capital Holdings, LLC 0.49% of their portfolio Seattle, WA 236,718236.7k $11.1m $11.1m 0.49% Reduced -11.1k -11,055
63 CLIENT 1ST ADVISORY GROUP, LLC 5.62% of their portfolio DUNEDIN, FL 220,969221.0k $10.4m $10.4m 5.62% Added +38.8k +38,846
64 Mutual Advisors, LLC 0.42% of their portfolio OMAHA, NE 218,048218.0k $10.2m $10.2m 0.42% Added +11.3k +11,258
65 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 0.90% of their portfolio KNOXVILLE, TN 216,947216.9k $10.2m $10.2m 0.90% Added +2.4k +2,378
66 West Wealth Group, LLC 4.68% of their portfolio Irvine, CA 215,528215.5k $10.1m $10.1m 4.68% Added +57.0k +57,044
67 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 214,169214.2k $10.0m $10.0m 0.01% Added +13.4k +13,407
68 Bond & Devick Financial Network, Inc. 6.38% of their portfolio ST. LOUIS PARK, MN 213,126213.1k $10.0m $10.0m 6.38% Added +28.8k +28,797
69 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 206,646206.6k $9.7m $9.7m 0.06% Added +91.1k +91,091
70 James J. Burns & Company, LLC 2.45% of their portfolio MELVILLE, NY 202,415202.4k $9.5m $9.5m 2.45% Added +60.4k +60,430
71 MONETA GROUP INVESTMENT ADVISORS LLC 0.23% of their portfolio ST LOUIS, MO 200,991201.0k $9.4m $9.4m 0.23% Added +14.2k +14,231
72 Focus Financial Network, Inc. 0.58% of their portfolio MINNEAPOLIS, MN 199,925199.9k $9.4m $9.4m 0.58% New
73 Revolve Wealth Partners, LLC 2.28% of their portfolio Hackensack, NJ 191,379191.4k $9.0m $9.0m 2.28% Added +16.8k +16,836
74 Vantage Financial Partners, LLC 3.46% of their portfolio ELM GROVE, WI 185,505185.5k $8.7m $8.7m 3.46% New
75 Northeast Financial Group, Inc. 6.17% of their portfolio Allentown, PA 181,013181.0k $8.6m $8.6m 6.17% Added +5.7k +5,675
76 MYECFO, LLC 6.21% of their portfolio La Jolla, CA 176,624176.6k $8.3m $8.3m 6.21% Reduced -48.3k -48,296
77 LODESTAR PRIVATE ASSET MANAGEMENT LLC 1.48% of their portfolio ALAMO, CA 176,569176.6k $8.3m $8.3m 1.48% Added +80.8k +80,760
78 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 173,665173.7k $8.1m $8.1m 0.00% Reduced -126.4k -126,356
79 Atria Wealth Solutions, Inc. 0.12% of their portfolio NEW YORK, NY 171,220171.2k $8.0m $8.0m 0.12% Added +556 +556
80 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 171,112171.1k $8.0m $8.0m 0.01% Reduced -83.9k -83,906
81 TNF LLC 3.59% of their portfolio BILLINGS, MT 169,532169.5k $8.0m $8.0m 3.59% Added +29.6k +29,570
82 WealthShield Partners, LLC 1.25% of their portfolio CARY, NC 165,233165.2k $7.8m $7.8m 1.25% Added +15.9k +15,904
83 Charles Schwab Investment Advisory, Inc. 0.01% of their portfolio SAN FRANCISCO, CA 162,896162.9k $7.6m $7.6m 0.01% Reduced -1.5k -1,541
84 Cedar Wealth Management, LLC 3.08% of their portfolio LA JOLLA, CA 160,516160.5k $7.5m $7.5m 3.08% New
85 NORTHWEST INVESTMENT COUNSELORS, LLC 2.05% of their portfolio Lake Oswego, OR 156,956157.0k $7.4m $7.4m 2.05% Added +2.5k +2,536
86 Clay Northam Wealth Management, LLC 7.19% of their portfolio HUNTINGTON BEACH, CA 149,054149.1k $7.0m $7.0m 7.19% Reduced -1.2k -1,216
87 Krilogy Financial LLC 0.58% of their portfolio ST. LOUIS, MO 146,382146.4k $6.9m $6.9m 0.58% Reduced -666.1k -666,090
88 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 146,170146.2k $6.9m $6.9m 0.01% New
89 Callan Capital, LLC 0.77% of their portfolio LA JOLLA, CA 141,652141.7k $6.6m $6.6m 0.77% Added +5.6k +5,614
90 Friedenthal Financial 4.55% of their portfolio MARLTON, NJ 137,901137.9k $6.5m $6.5m 4.55% Added +12.0k +11,955
91 MGO ONE SEVEN LLC 0.41% of their portfolio Beachwood, OH 137,238137.2k $6.4m $6.4m 0.41% New
92 TCWP LLC 1.22% of their portfolio Beachwood, OH 137,232137.2k $6.4m $6.4m 1.22% Reduced -21.9k -21,878
93 Security Financial Services, INC. 1.93% of their portfolio Fort Wayne, IN 135,577135.6k $6.4m $6.4m 1.93% Added +20.7k +20,665
94 SigFig Wealth Management, LLC 0.34% of their portfolio SAN FRANCISCO, CA 132,780132.8k $6.1m $6.1m 0.34% Reduced -3.6k -3,585
95 Wealthspire Retirement, LLC 1.22% of their portfolio ALISO VIEJO, CA 130,458130.5k $6.1m $6.1m 1.22% Reduced -15.6k -15,615
96 Curi Wealth Management, LLC 0.85% of their portfolio Raleigh, NC 126,000126.0k $5.9m $5.9m 0.85% Added +17.8k +17,841
97 Mayflower Financial Advisors, LLC 0.77% of their portfolio BOSTON, MA 124,514124.5k $5.8m $5.8m 0.77% Added +52.0k +51,958
98 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 122,800122.8k $5.8m $5.8m 0.01% Reduced -11.2k -11,230
99 Mission Creek Capital Partners, Inc. 1.95% of their portfolio SAN FRANCISCO, CA 122,505122.5k $5.7m $5.7m 1.95% Reduced -36.1k -36,076
100 RESTON WEALTH MANAGEMENT LLC 2.89% of their portfolio Reston, VA 117,937117.9k $5.5m $5.5m 2.89% Reduced -1.4k -1,445