Vault-13

SCHWAB STRATEGIC TR SCHZ

US AGGREGATE B · ETP · CUSIP 808524839

540 institutional holders -5 vs Q2 2023
91,572,25791.6m shares reported held*
$4.0bnreported value*
44 new 225 added 208 reduced 44 sold out net bought ≈ $178.2m (+4.0m 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 ($23.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.20. Options: 1 managers hold calls ($106.2k notional), 1 hold puts ($181.3k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 505Q4 22: 539Q1 23: 541Q2 23: 545Q3 23: 540540Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022505
Q4 2022539
Q1 2023541
Q2 2023545
Q3 2023540

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 23Q2 23: 266 bought or addedQ2 23: 245 cut or sold outQ2 23Q3 23: 269 bought or addedQ3 23: 252 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022240257
Q1 2023274242
Q2 2023266245
Q3 2023269252

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ4 22 calls: $251.1kQ4 22 puts: $246.5kQ4 22P/C 0.98Q1 23 calls: $122.0kQ1 23 puts: $1.0mQ1 23P/C 8.38Q2 23 calls: $0Q2 23 puts: $203.1kQ2 23P/C —Q3 23 calls: $106.2kQ3 23 puts: $181.3kQ3 23P/C 1.71
Numbers
QuarterCallsPutsP/C
Q4 2022$251.1k$246.5k0.98
Q1 2023$122.0k$1.0m8.38
Q2 2023$0$203.1k—
Q3 2023$106.2k$181.3k1.71

Biggest buyers

JPMORGAN CHASE & CO Added +2,363,488+2.4m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +760,627+760.6k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +742,887+742.9k
JANE STREET GROUP, LLC Added +429,121+429.1k
HighTower Advisors, LLC Added +327,860+327.9k
AMERIPRISE FINANCIAL INC Added +249,045+249.0k
Pinnacle Wealth Management, LLC Added +219,334+219.3k
ENVESTNET ASSET MANAGEMENT INC Added +175,084+175.1k
Beacon Bridge Wealth Partners, LLC New +150,043+150.0k
OLD MISSION CAPITAL LLC New +130,995+131.0k

Biggest sellers

Apriem Advisors Reduced -526,713-526.7k
American Trust Reduced -446,764-446.8k
CFS Investment Advisory Services, LLC Sold out -329,788-329.8k
CW Advisors, LLC Reduced -300,922-300.9k
OneDigital Investment Advisors LLC Reduced -222,364-222.4k
TORONTO DOMINION BANK Reduced -220,000-220.0k
Charles Schwab Investment Advisory, Inc. Sold out -206,398-206.4k
TCWP LLC Reduced -132,912-132.9k
Destination Wealth Management Reduced -122,780-122.8k
RATIONAL ADVISORS, INC. Reduced -92,737-92.7k

Biggest calls

CITADEL ADVISORS LLC New $106.2k2.4k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $181.3k4.1k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.31% of their portfolio SAN FRANCISCO, CA 24,613,84624.6m $1.1bn $1.1bn 0.31% Added +742.9k +742,887
2 Avantax Planning Partners, Inc. 6.08% of their portfolio DUBUQUE, IA 3,288,6813.3m $145.5m $145.5m 6.08% Added +78.9k +78,919
3 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 3,255,6373.3m $144.1m $144.1m 0.05% Added +249.0k +249,045
4 Financial Engines Advisors L.L.C. 0.30% of their portfolio SANTA CLARA, CA 2,586,3352.6m $114.4m $114.4m 0.30% Added +126.1k +126,088
5 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,419,5192.4m $107.0m $107.0m 0.01% Added +2.4m +2,363,488
6 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.34% of their portfolio PLYMOUTH, MN 2,367,8922.4m $104.7m $104.7m 0.34% Added +760.6k +760,627
7 RATIONAL ADVISORS, INC. 9.26% of their portfolio San Juan, PR 2,312,1402.3m $102.3m $102.3m 9.26% Reduced -92.7k -92,737
8 Rockbridge Investment Management, LCC 16.23% of their portfolio Syracuse, NY 2,074,7122.1m $91.8m $91.8m 16.23% Added +107.3k +107,310
9 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 1,956,3902.0m $86.5m $86.5m 0.04% Added +175.1k +175,084
10 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,867,2651.9m $82.6m $82.6m 0.02% Reduced -48.2k -48,154
11 OneDigital Investment Advisors LLC 1.71% of their portfolio OVERLAND PARK, KS 1,781,9591.8m $78.8m $78.8m 1.71% Reduced -222.4k -222,364
12 Baker Avenue Asset Management, LP 3.75% of their portfolio SAN FRANCISCO, CA 1,695,2681.7m $75.0m $75.0m 3.75% Added +103.3k +103,282
13 TORONTO DOMINION BANK 0.06% of their portfolio TORONTO, ONTARIO, A6 1,657,0001.7m $73.3m $73.3m 0.06% Reduced -220.0k -220,000
14 McAdam, LLC 5.55% of their portfolio Philadelphia, PA 1,531,9441.5m $67.8m $67.8m 5.55% Added +55.6k +55,595
15 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 1,361,9541.4m $60.2m $60.2m 0.11% Added +327.9k +327,860
16 Charles Schwab Trust Co 5.47% of their portfolio HENDERSON, NV 1,098,6891.1m $48.6m $48.6m 5.47% Added +125.0k +125,020
17 BlueSky Wealth Advisors, LLC 9.00% of their portfolio New Bern, NC 995,422995.4k $44.0m $44.0m 9.00% Added +93.3k +93,278
18 HENGEHOLD CAPITAL MANAGEMENT LLC 5.64% of their portfolio CINCINNATI, OH 977,282977.3k $43.2m $43.2m 5.64% Added +11.6k +11,592
19 AlphaStar Capital Management, LLC 5.15% of their portfolio CORNELIUS, NC 930,213930.2k $41.1m $41.1m 5.15% Reduced -61.7k -61,700
20 Destination Wealth Management 1.53% of their portfolio Walnut Creek, CA 886,768886.8k $39.2m $39.2m 1.53% Reduced -122.8k -122,780
21 Total Wealth Planning, LLC 7.52% of their portfolio CINCINNATI, OH 832,113832.1k $36.8m $36.8m 7.52% Added +50.9k +50,927
22 Horst & Graben Wealth Management LLC 7.79% of their portfolio PORTLAND, OR 715,987716.0k $31.7m $31.7m 7.79% Reduced -14.4k -14,444
23 Kohmann Bosshard Financial Services, LLC 5.37% of their portfolio FAIRLAWN, OH 704,284704.3k $31.2m $31.2m 5.37% Added +32.9k +32,941
24 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 662,688662.7k $29.3m $29.3m 0.05% Added +429.1k +429,121
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 629,113629.1k $27.8m $27.8m 0.00% Added +59.8k +59,803
26 Sequoia Financial Advisors, LLC 0.46% of their portfolio Akron, OH 590,150590.1k $26.1m $26.1m 0.46% Reduced -11.5k -11,456
27 THEORY FINANCIAL LLC 15.17% of their portfolio FORT COLLINS, CO 584,917584.9k $25.9m $25.9m 15.17% Added +22.8k +22,783
28 MERCER GLOBAL ADVISORS INC /ADV 0.09% of their portfolio DENVER, CO 539,822539.8k $23.9m $23.9m 0.09% Added +28.9k +28,874
29 Towercrest Capital Management 4.60% of their portfolio NEWTOWN, PA 534,826534.8k $23.7m $23.7m 4.60% Added +13.9k +13,936
30 FINANCIAL LIFE ADVISORS 10.03% of their portfolio SAN ANTONIO, TX 526,806526.8k $23.3m $23.3m 10.03% Added +31.0k +30,975
31 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.14% of their portfolio IRVING, TX 495,788495.8k $21.9m $21.9m 0.14% Reduced -1.8k -1,761
32 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.60% of their portfolio MINNEAPOLIS, MN 486,961487.0k $21.5m $21.5m 0.60% Added +48.4k +48,399
33 Austin Private Wealth, LLC 3.04% of their portfolio Austin, TX 474,837474.8k $21.0m $21.0m 3.04% Reduced -29.0k -28,953
34 New York Life Investment Management LLC 0.21% of their portfolio New York, NY 438,781438.8k $19.4m $19.4m 0.21% Added +19.8k +19,809
35 Mokosak Advisory Group, LLC 7.40% of their portfolio URBANDALE, IA 411,541411.5k $18.2m $18.2m 7.40% Added +13.5k +13,525
36 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 365,190365.2k $16.2m $16.2m 0.03% Added +32.0k +31,957
37 Souders Financial Advisors 3.06% of their portfolio CINCINNATI, OH 360,744360.7k $16.0m $16.0m 3.06% Added +35.7k +35,726
38 Mariner, LLC 0.04% of their portfolio Overland Park, KS 357,687357.7k $15.8m $15.8m 0.04% Added +47.4k +47,412
39 MorganRosel Wealth Management, LLC 6.52% of their portfolio HIGHLANDS RANCH, CO 353,144353.1k $15.6m $15.6m 6.52% Added +8.3k +8,303
40 One Wealth Advisors, LLC 3.45% of their portfolio SAN FRANCISCO, CA 351,068351.1k $15.5m $15.5m 3.45% Reduced -12.8k -12,832
41 Pioneer Wealth Management Group 11.76% of their portfolio AUSTIN, TX 348,940348.9k $15.4m $15.4m 11.76% Added +94.5k +94,546
42 Waterford Advisors, LLC 8.61% of their portfolio ORCHARD PARK, NY 347,825347.8k $15.4m $15.4m 8.61% Added +14.2k +14,182
43 Larson Financial Group LLC 1.49% of their portfolio ST LOUIS, MO 342,674342.7k $15.2m $15.2m 1.49% Reduced -6.3k -6,289
44 FAS Wealth Partners, Inc. 1.47% of their portfolio LEAWOOD, KS 310,874310.9k $13.7m $13.7m 1.47% Reduced -3.7k -3,738
45 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 308,869308.9k $13.7m $13.7m 0.01% Added +33.5k +33,481
46 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 281,586281.6k $12.5m $12.5m 0.02% Added +29.0k +29,013
47 Members Advisory Group LLC 7.91% of their portfolio WILLIAMSVILLE, NY 276,811276.8k $12.2m $12.2m 7.91% Reduced -16.5k -16,484
48 FFG RETIREMENT ADVISORS LLC 9.64% of their portfolio CENTENNIAL, CO 262,768262.8k $11.6m $11.6m 9.64% Reduced -34.9k -34,896
49 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 250,353250.4k $11.1m $11.1m 0.02% Reduced -39.3k -39,271
50 Revolve Wealth Partners, LLC 2.49% of their portfolio Hackensack, NJ 242,936242.9k $10.7m $10.7m 2.49% Added +29.2k +29,182
51 MONETA GROUP INVESTMENT ADVISORS LLC 0.24% of their portfolio ST LOUIS, MO 241,684241.7k $10.7m $10.7m 0.24% Added +31.5k +31,526
52 KilterHowling LLC 9.35% of their portfolio BOULDER, CO 240,339240.3k $10.6m $10.6m 9.35% Added +6.3k +6,345
53 Pinnacle Wealth Management, LLC 12.52% of their portfolio ROSEVILLE, CA 233,275233.3k $10.3m $10.3m 12.52% Added +219.3k +219,334
54 LEAVELL INVESTMENT MANAGEMENT, INC. 0.71% of their portfolio MOBILE, AL 230,310230.3k $10.2m $10.2m 0.71% Reduced -1.3k -1,324
55 Bond & Devick Financial Network, Inc. 6.43% of their portfolio ST. LOUIS PARK, MN 226,066226.1k $10.0m $10.0m 6.43% Reduced -2.5k -2,542
56 JMG Financial Group, Ltd. 0.47% of their portfolio DOWNERS GROVE, IL 221,099221.1k $9.8m $9.8m 0.47% Reduced -18.3k -18,256
57 Freestone Capital Holdings, LLC 0.52% of their portfolio Seattle, WA 219,578219.6k $9.7m $9.7m 0.52% Reduced -9.3k -9,348
58 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 218,346218.3k $9.7m $9.7m 0.05% Reduced -6.0k -5,992
59 James J. Burns & Company, LLC 2.48% of their portfolio MELVILLE, NY 208,837208.8k $9.2m $9.2m 2.48% Added +6.5k +6,485
60 Focus Financial Network, Inc. 0.52% of their portfolio MINNEAPOLIS, MN 208,518208.5k $9.2m $9.2m 0.52% Added +4.5k +4,452
61 MYECFO, LLC 6.35% of their portfolio La Jolla, CA 207,097207.1k $9.2m $9.2m 6.35% Added +19.1k +19,128
62 Mutual Advisors, LLC 0.35% of their portfolio OMAHA, NE 204,620204.6k $9.1m $9.1m 0.35% Reduced -16.2k -16,164
63 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 200,508200.5k $8.9m $8.9m 0.01% Reduced -554 -554
64 DAYMARK WEALTH PARTNERS, LLC 0.61% of their portfolio CINCINNATI, OH 199,389199.4k $8.8m $8.8m 0.61% Reduced -89.8k -89,795
65 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 196,532196.5k $8.7m $8.7m 0.01% Added +9.2k +9,191
66 UBS Group AG 0.00% of their portfolio ZURICH, V8 196,259196.3k $8.7m $8.7m 0.00% Added +84.8k +84,836
67 AE Wealth Management LLC 0.05% of their portfolio TOPEKA, KS 196,083196.1k $8.7m $8.7m 0.05% Added +9.8k +9,831
68 Vantage Financial Partners, LLC 3.39% of their portfolio ELM GROVE, WI 194,871194.9k $8.6m $8.6m 3.39% Added +9.9k +9,911
69 West Wealth Group, LLC 3.60% of their portfolio Irvine, CA 186,456186.5k $8.2m $8.2m 3.60% Reduced -26.2k -26,220
70 CLIENT 1ST ADVISORY GROUP, LLC 4.31% of their portfolio DUNEDIN, FL 184,181184.2k $8.1m $8.1m 4.31% Reduced -31.9k -31,886
71 Beacon Pointe Advisors, LLC 0.10% of their portfolio NEWPORT BEACH, CA 176,779176.8k $7.8m $7.8m 0.10% Added +4.6k +4,607
72 Retirement Planning Group, LLC 0.83% of their portfolio LEAWOOD, KS 175,842175.8k $7.8m $7.8m 0.83% Added +85.2k +85,200
73 Atria Wealth Solutions, Inc. 0.10% of their portfolio NEW YORK, NY 166,666166.7k $7.4m $7.4m 0.10% Reduced -9.3k -9,296
74 NORTHWEST INVESTMENT COUNSELORS, LLC 1.97% of their portfolio Lake Oswego, OR 159,744159.7k $7.1m $7.1m 1.97% Added +3.9k +3,864
75 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 159,572159.6k $7.1m $7.1m 0.02% Added +39.2k +39,208
76 Beacon Bridge Wealth Partners, LLC 3.50% of their portfolio LOWER GWYNEDD, PA 150,043150.0k $6.6m $6.6m 3.50% New
77 Kaizen Financial Strategies 5.47% of their portfolio CAMPBELL, CA 146,109146.1k $6.5m $6.5m 5.47% Added +22.3k +22,332
78 Blue Trust, Inc. 0.10% of their portfolio BRENTWOOD, TN 146,102146.1k $6.7m $6.7m 0.10% Reduced -41.3k -41,285
79 TNF LLC 2.92% of their portfolio BILLINGS, MT 145,898145.9k $6.3m $6.3m 2.92% Reduced -22.6k -22,580
80 Curi Wealth Management, LLC 0.96% of their portfolio Raleigh, NC 141,120141.1k $6.2m $6.2m 0.96% Reduced -4.2k -4,152
81 Marotta Asset Management 1.43% of their portfolio CHARLOTTESVILLE, VA 139,950139.9k $6.2m $6.2m 1.43% Added +3.9k +3,932
82 Clay Northam Wealth Management, LLC 6.14% of their portfolio HUNTINGTON BEACH, CA 139,854139.9k $6.2m $6.2m 6.14% Reduced -1.8k -1,826
83 KICKSTAND VENTURES, LLC. 1.88% of their portfolio PITTSFORD, NY 137,345137.3k $6.1m $6.1m 1.88% First filing
84 WealthShield Partners, LLC 0.91% of their portfolio CARY, NC 136,623136.6k $6.0m $6.0m 0.91% Reduced -32.5k -32,461
85 Callan Capital, LLC 0.63% of their portfolio LA JOLLA, CA 132,542132.5k $5.9m $5.9m 0.63% Added +3.1k +3,052
86 SigFig Wealth Management, LLC 0.23% of their portfolio SAN FRANCISCO, CA 131,025131.0k $5.7m $5.7m 0.23% Reduced -950 -950
87 OLD MISSION CAPITAL LLC 0.19% of their portfolio CHICAGO, IL 130,995131.0k $5.8m $5.8m 0.19% New
88 RESTON WEALTH MANAGEMENT LLC 2.92% of their portfolio Reston, VA 130,726130.7k $5.8m $5.8m 2.92% Added +10.4k +10,436
89 Security Financial Services, INC. 1.63% of their portfolio Fort Wayne, IN 130,238130.2k $5.8m $5.8m 1.63% Reduced -11.3k -11,273
90 Independent Solutions Wealth Management, LLC 1.57% of their portfolio Williamsville, NY 128,839128.8k $5.7m $5.7m 1.57% Added +23.3k +23,302
91 Wakefield Asset Management LLLP 2.53% of their portfolio Englewood, CO 126,484126.5k $5.6m $5.6m 2.53% Added +7.9k +7,899
92 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 125,856125.9k $5.6m $5.6m 0.00% Reduced -57.3k -57,297
93 HARBOUR INVESTMENTS, INC. 0.27% of their portfolio MADISON, WI 123,166123.2k $5.4m $5.4m 0.27% Added +4.8k +4,785
94 Krilogy Financial LLC 0.49% of their portfolio ST. LOUIS, MO 121,660121.7k $5.4m $5.4m 0.49% Reduced -7.8k -7,840
95 Friedenthal Financial 3.56% of their portfolio MARLTON, NJ 118,511118.5k $5.2m $5.2m 3.56% Reduced -11.6k -11,571
96 Bluespring Wealth Management, LLC 0.69% of their portfolio AUSTIN, TX 117,735117.7k $5.2m $5.2m 0.69% Reduced -2.1k -2,138
97 Nalls Sherbakoff Group, LLC 5.02% of their portfolio KNOXVILLE, TN 116,771116.8k $5.2m $5.2m 5.02% Added +2.7k +2,671
98 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 0.47% of their portfolio KNOXVILLE, TN 116,505116.5k $5.2m $5.2m 0.47% Reduced -89.8k -89,807
99 Wealthspire Retirement, LLC 0.98% of their portfolio ALISO VIEJO, CA 115,895115.9k $5.1m $5.1m 0.98% Reduced -57.5k -57,469
100 Cypress Wealth Services, LLC 1.41% of their portfolio PALM DESERT, CA 114,932114.9k $5.1m $5.1m 1.41% Added +8.1k +8,062