Vault-13

SCHWAB STRATEGIC TR SCHZ

US AGGREGATE B · ETP · CUSIP 808524839

593 institutional holders +53 vs Q3 2023
106,956,526107.0m shares reported held*
$4.8bnreported value*
65 new 215 added 222 reduced 40 sold out net bought ≈ $404.1m (+12.7m 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 ($844.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.84. Options: 1 managers hold calls ($60.6k notional), 1 hold puts ($4.7k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 505Q4 22: 539Q1 23: 541Q2 23: 545Q3 23: 540Q4 23: 593593Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022505
Q4 2022539
Q1 2023541
Q2 2023545
Q3 2023540
Q4 2023593

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 23Q4 23: 280 bought or addedQ4 23: 262 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022240257
Q1 2023274242
Q2 2023266245
Q3 2023269252
Q4 2023280262

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ1 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 1.71Q4 23 calls: $60.6kQ4 23 puts: $4.7kQ4 23P/C 0.08
Numbers
QuarterCallsPutsP/C
Q1 2023$122.0k$1.0m8.38
Q2 2023$0$203.1k—
Q3 2023$106.2k$181.3k1.71
Q4 2023$60.6k$4.7k0.08

Biggest buyers

JPMORGAN CHASE & CO Added +5,391,763+5.4m
Cerity Partners LLC Added +4,208,425+4.2m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +2,206,210+2.2m
Destination Wealth Management Added +1,643,784+1.6m
MORGAN STANLEY Added +1,072,624+1.1m
GOLDMAN SACHS GROUP INC Added +640,151+640.2k
ENVESTNET ASSET MANAGEMENT INC Added +395,113+395.1k
KilterHowling LLC Added +393,645+393.6k
FORT PITT CAPITAL GROUP, LLC Added +288,420+288.4k
Cetera Investment Advisers Added +268,753+268.8k

Biggest sellers

Baker Avenue Asset Management, LP Sold out -1,695,268-1.7m
TORONTO DOMINION BANK Reduced -878,500-878.5k
JANE STREET GROUP, LLC Reduced -641,352-641.4k
AMERIPRISE FINANCIAL INC Reduced -590,269-590.3k
New York Life Investment Management LLC Sold out -438,781-438.8k
Souders Financial Advisors Reduced -352,887-352.9k
Avantax Planning Partners, Inc. Reduced -293,585-293.6k
FFG RETIREMENT ADVISORS LLC Sold out -262,768-262.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -250,200-250.2k
RAYMOND JAMES & ASSOCIATES Reduced -161,947-161.9k

Biggest calls

CITADEL ADVISORS LLC Reduced $60.6k1.3k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $4.7k100 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 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.32% of their portfolio SAN FRANCISCO, CA 26,820,05626.8m $1.3bn $1.3bn 0.32% Added +2.2m +2,206,210
2 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 7,811,2827.8m $364.2m $364.2m 0.02% Added +5.4m +5,391,763
3 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 4,298,5264.3m $3.2m $3.2m 0.01% Added +4.2m +4,208,425
4 Avantax Planning Partners, Inc. 5.32% of their portfolio DUBUQUE, IA 2,995,0963.0m $139.6m $139.6m 5.32% Reduced -293.6k -293,585
5 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 2,665,3682.7m $124.4m $124.4m 0.04% Reduced -590.3k -590,269
6 Destination Wealth Management 4.09% of their portfolio Walnut Creek, CA 2,530,5522.5m $118.0m $118.0m 4.09% Added +1.6m +1,643,784
7 Financial Engines Advisors L.L.C. 0.28% of their portfolio SANTA CLARA, CA 2,508,8042.5m $117.0m $117.0m 0.28% Reduced -77.5k -77,531
8 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 2,507,4162.5m $116.9m $116.9m 0.03% Added +640.2k +640,151
9 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 2,351,5032.4m $109.6m $109.6m 0.05% Added +395.1k +395,113
10 Rockbridge Investment Management, LCC 15.98% of their portfolio Syracuse, NY 2,240,4082.2m $104.4m $104.4m 15.98% Added +165.7k +165,696
11 RATIONAL ADVISORS, INC. 10.23% of their portfolio San Juan, PR 2,155,4812.2m $100.5m $100.5m 10.23% Reduced -156.7k -156,659
12 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.29% of their portfolio PLYMOUTH, MN 2,117,6922.1m $98.7m $98.7m 0.29% Reduced -250.2k -250,200
13 OneDigital Investment Advisors LLC 1.51% of their portfolio OVERLAND PARK, KS 1,850,9891.9m $86.3m $86.3m 1.51% Added +69.0k +69,030
14 McAdam, LLC 5.14% of their portfolio Philadelphia, PA 1,529,7251.5m $71.3m $71.3m 5.14% Reduced -2.2k -2,219
15 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 1,371,6271.4m $63.9m $63.9m 0.11% Added +9.7k +9,673
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,198,4801.2m $55.9m $55.9m 0.00% Added +1.1m +1,072,624
17 Charles Schwab Trust Co 5.37% of their portfolio HENDERSON, NV 1,168,3101.2m $54.5m $54.5m 5.37% Added +69.6k +69,621
18 Total Wealth Planning, LLC 8.27% of their portfolio CINCINNATI, OH 978,356978.4k $45.6m $45.6m 8.27% Added +146.2k +146,243
19 AlphaStar Capital Management, LLC 4.07% of their portfolio CORNELIUS, NC 955,282955.3k $44.5m $44.5m 4.07% Added +25.1k +25,069
20 HENGEHOLD CAPITAL MANAGEMENT LLC 5.24% of their portfolio CINCINNATI, OH 949,603949.6k $44.3m $44.3m 5.24% Reduced -27.7k -27,679
21 BlueSky Wealth Advisors, LLC 7.52% of their portfolio New Bern, NC 867,600867.6k $40.4m $40.4m 7.52% Reduced -127.8k -127,822
22 TORONTO DOMINION BANK 0.05% of their portfolio TORONTO, ONTARIO, A6 778,500778.5k $36.3m $36.3m 0.05% Reduced -878.5k -878,500
23 Kohmann Bosshard Financial Services, LLC 5.20% of their portfolio FAIRLAWN, OH 732,701732.7k $34.2m $34.2m 5.20% Added +28.4k +28,417
24 Horst & Graben Wealth Management LLC 7.07% of their portfolio PORTLAND, OR 689,893689.9k $32.2m $32.2m 7.07% Reduced -26.1k -26,094
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 653,477653.5k $30.5m $30.5m 0.00% Added +24.4k +24,364
26 KilterHowling LLC 21.97% of their portfolio BOULDER, CO 633,984634.0k $29.3m $29.3m 21.97% Added +393.6k +393,645
27 THEORY FINANCIAL LLC 14.51% of their portfolio FORT COLLINS, CO 582,483582.5k $27.2m $27.2m 14.51% Reduced -2.4k -2,434
28 MERCER GLOBAL ADVISORS INC /ADV 0.08% of their portfolio DENVER, CO 579,975580.0k $27.0m $27.0m 0.08% Added +40.2k +40,153
29 Sequoia Financial Advisors, LLC 0.33% of their portfolio Akron, OH 567,946567.9k $26.5m $26.5m 0.33% Reduced -22.2k -22,204
30 Towercrest Capital Management 4.37% of their portfolio NEWTOWN, PA 524,085524.1k $24.4m $24.4m 4.37% Reduced -10.7k -10,741
31 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.59% of their portfolio MINNEAPOLIS, MN 511,866511.9k $23.9m $23.9m 0.59% Added +24.9k +24,905
32 Alliance Wealth Management Group 7.41% of their portfolio FLEMINGTON, NJ 509,553509.6k $23.8m $23.8m 7.41% First filing
33 FINANCIAL LIFE ADVISORS 9.57% of their portfolio SAN ANTONIO, TX 477,221477.2k $22.2m $22.2m 9.57% Reduced -49.6k -49,585
34 Pioneer Wealth Management Group 13.46% of their portfolio AUSTIN, TX 463,858463.9k $21.6m $21.6m 13.46% Added +114.9k +114,918
35 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 431,459431.5k $20.1m $20.1m 0.03% Added +66.3k +66,269
36 Austin Private Wealth, LLC 2.52% of their portfolio Austin, TX 427,670427.7k $19.9m $19.9m 2.52% Reduced -47.2k -47,167
37 Mokosak Advisory Group, LLC 7.13% of their portfolio URBANDALE, IA 426,397426.4k $19.9m $19.9m 7.13% Added +14.9k +14,856
38 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.16% of their portfolio IRVING, TX 410,380410.4k $19.1m $19.1m 0.16% Reduced -85.4k -85,408
39 TSA Wealth Managment LLC 8.74% of their portfolio HOUSTON, TX 402,199402.2k $18.8m $18.8m 8.74% First filing
40 Mariner, LLC 0.04% of their portfolio Overland Park, KS 399,194399.2k $18.6m $18.6m 0.04% Added +41.5k +41,507
41 Larson Financial Group LLC 1.30% of their portfolio ST LOUIS, MO 319,621319.6k $14.9m $14.9m 1.30% Reduced -23.1k -23,053
42 FAS Wealth Partners, Inc. 1.41% of their portfolio LEAWOOD, KS 318,683318.7k $14.9m $14.9m 1.41% Added +7.8k +7,809
43 Tenret Co LLC 11.58% of their portfolio TAMPA, FL 314,676314.7k $14.7m $14.7m 11.58% First filing
44 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 314,515314.5k $14.7m $14.7m 0.03% Added +64.2k +64,162
45 Plum Street Advisors, LLC 9.52% of their portfolio NEW ORLEANS, LA 306,591306.6k $14.3m $14.3m 9.52% First filing
46 One Wealth Advisors, LLC 2.72% of their portfolio SAN FRANCISCO, CA 302,559302.6k $14.1m $14.1m 2.72% Reduced -48.5k -48,509
47 CW Advisors, LLC 0.26% of their portfolio BOSTON, MA 299,722299.7k $14.0m $14.0m 0.26% Added +253.0k +252,991
48 MorganRosel Wealth Management, LLC 5.32% of their portfolio HIGHLANDS RANCH, CO 295,003295.0k $13.8m $13.8m 5.32% Reduced -58.1k -58,141
49 FORT PITT CAPITAL GROUP, LLC 0.45% of their portfolio Pittsburgh, PA 293,032293.0k $13.7m $13.7m 0.45% Added +288.4k +288,420
50 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 291,007291.0k $13.6m $13.6m 0.11% Added +268.8k +268,753
51 James J. Burns & Company, LLC 3.15% of their portfolio MELVILLE, NY 283,341283.3k $13.2m $13.2m 3.15% Added +74.5k +74,504
52 Members Advisory Group LLC 7.48% of their portfolio WILLIAMSVILLE, NY 272,314272.3k $12.7m $12.7m 7.48% Reduced -4.5k -4,497
53 Revolve Wealth Partners, LLC 2.45% of their portfolio Hackensack, NJ 271,706271.7k $12.7m $12.7m 2.45% Added +28.8k +28,770
54 Columbus Macro, LLC 4.70% of their portfolio NEW CASTLE, PA 255,591255.6k $11.9m $11.9m 4.70% New
55 MONETA GROUP INVESTMENT ADVISORS LLC 0.23% of their portfolio ST LOUIS, MO 252,151252.2k $11.8m $11.8m 0.23% Added +10.5k +10,467
56 Christensen, King & Associates Investment Services, Inc. 6.22% of their portfolio RICHLAND, WA 249,319249.3k $11.6m $11.6m 6.22% First filing
57 Koss-Olinger Consulting, LLC 1.14% of their portfolio GAINESVILLE, FL 248,905248.9k $11.6m $11.6m 1.14% New
58 Waterford Advisors, LLC 5.16% of their portfolio ORCHARD PARK, NY 236,022236.0k $11.0m $11.0m 5.16% Reduced -111.8k -111,803
59 Bond & Devick Financial Network, Inc. 6.22% of their portfolio ST. LOUIS PARK, MN 234,423234.4k $10.9m $10.9m 6.22% Added +8.4k +8,357
60 Pinnacle Wealth Management, LLC 11.90% of their portfolio ROSEVILLE, CA 223,226223.2k $10.4m $10.4m 11.90% Reduced -10.0k -10,049
61 Mutual Advisors, LLC 0.36% of their portfolio OMAHA, NE 221,730221.7k $10.3m $10.3m 0.36% Added +17.1k +17,110
62 MYECFO, LLC 6.51% of their portfolio La Jolla, CA 221,420221.4k $10.3m $10.3m 6.51% Added +14.3k +14,323
63 JMG Financial Group, Ltd. 0.43% of their portfolio DOWNERS GROVE, IL 218,580218.6k $10.2m $10.2m 0.43% Reduced -2.5k -2,519
64 LEAVELL INVESTMENT MANAGEMENT, INC. 0.64% of their portfolio MOBILE, AL 216,583216.6k $10.1m $10.1m 0.64% Reduced -13.7k -13,727
65 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 216,420216.4k $10.1m $10.1m 0.01% Added +15.9k +15,912
66 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 215,526215.5k $10.0m $10.0m 0.02% Reduced -66.1k -66,060
67 Freestone Capital Holdings, LLC 0.43% of their portfolio Seattle, WA 206,004206.0k $9.6m $9.6m 0.43% Reduced -13.6k -13,574
68 Vantage Financial Partners, LLC 2.81% of their portfolio ELM GROVE, WI 205,245205.2k $9.6m $9.6m 2.81% Added +10.4k +10,374
69 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 203,806203.8k $9.5m $9.5m 0.01% Added +7.3k +7,274
70 KICKSTAND VENTURES, LLC. 2.66% of their portfolio PITTSFORD, NY 198,533198.5k $9.3m $9.3m 2.66% Added +61.2k +61,188
71 AVANTAX ADVISORY SERVICES, INC. 0.09% of their portfolio DALLAS, TX 195,022195.0k $9.1m $9.1m 0.09% Added +172.1k +172,108
72 Beacon Bridge Wealth Partners, LLC 4.38% of their portfolio LOWER GWYNEDD, PA 188,458188.5k $8.8m $8.8m 4.38% Added +38.4k +38,415
73 Integrated Wealth Concepts LLC 0.14% of their portfolio WALTHAM, MA 185,211185.2k $8.6m $8.6m 0.14% Added +70.9k +70,861
74 Cypress Wealth Services, LLC 2.05% of their portfolio PALM DESERT, CA 175,882175.9k $8.2m $8.2m 2.05% Added +61.0k +60,950
75 Schneider Downs Wealth Management Advisors, LP 2.11% of their portfolio Pittsburgh, PA 174,307174.3k $8.1m $8.1m 2.11% Added +69.9k +69,881
76 West Wealth Group, LLC 3.09% of their portfolio Irvine, CA 168,099168.1k $7.8m $7.8m 3.09% Reduced -18.4k -18,357
77 Ethos Financial Group, LLC 1.66% of their portfolio KING OF PRUSSIA, PA 167,060167.1k $7.8m $7.8m 1.66% New
78 SageView Advisory Group, LLC 0.33% of their portfolio Newport Beach, CA 164,866164.9k $7.6m $7.6m 0.33% New
79 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 163,296163.3k $7.6m $7.6m 0.02% Added +3.7k +3,724
80 Callan Capital, LLC 0.71% of their portfolio LA JOLLA, CA 161,091161.1k $7.5m $7.5m 0.71% Added +28.5k +28,549
81 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 160,984161.0k $7.5m $7.5m 0.01% Added +50.0k +50,019
82 NORTHWEST INVESTMENT COUNSELORS, LLC 1.99% of their portfolio Lake Oswego, OR 160,051160.1k $7.5m $7.5m 1.99% Added +307 +307
83 Waycross Investment Management Co 8.11% of their portfolio BELLINGHAM, WA 158,069158.1k $7.4m $7.4m 8.11% New
84 FOCUS FINANCIAL NETWORK INC /ADV 0.28% of their portfolio Minneapolis, MN 157,655157.7k $7.3m $7.3m 0.28% First filing
85 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 156,883156.9k $7.3m $7.3m 0.03% Reduced -61.5k -61,463
86 Atria Wealth Solutions, Inc. 0.09% of their portfolio NEW YORK, NY 154,000154.0k $7.2m $7.2m 0.09% Reduced -12.7k -12,666
87 Beacon Pointe Advisors, LLC 0.09% of their portfolio NEWPORT BEACH, CA 153,224153.2k $7.1m $7.1m 0.09% Reduced -23.6k -23,555
88 SYON CAPITAL LLC 0.30% of their portfolio SAN FRANCISCO, CA 151,124151.1k $7.0m $7.0m 0.30% New
89 SigFig Wealth Management, LLC 0.23% of their portfolio SAN FRANCISCO, CA 150,855150.9k $6.0m $6.0m 0.23% Added +19.8k +19,830
90 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 146,922146.9k $6.8m $6.8m 0.01% Reduced -161.9k -161,947
91 Kaizen Financial Strategies 5.03% of their portfolio CAMPBELL, CA 141,946141.9k $6.6m $6.6m 5.03% Reduced -4.2k -4,163
92 Clay Northam Wealth Management, LLC 5.81% of their portfolio HUNTINGTON BEACH, CA 140,097140.1k $6.5m $6.5m 5.81% Added +243 +243
93 Marotta Asset Management 1.37% of their portfolio CHARLOTTESVILLE, VA 136,994137.0k $6.4m $6.4m 1.37% Reduced -3.0k -2,956
94 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 136,748136.7k $6.3m $6.3m 0.03% Reduced -59.3k -59,335
95 Bogart Wealth, LLC 0.36% of their portfolio MCLEAN, VA 135,313135.3k $6.3m $6.3m 0.36% Added +31.3k +31,307
96 Independent Solutions Wealth Management, LLC 1.57% of their portfolio Williamsville, NY 131,196131.2k $6.1m $6.1m 1.57% Added +2.4k +2,357
97 TNF LLC 2.41% of their portfolio BILLINGS, MT 131,152131.2k $6.1m $6.1m 2.41% Reduced -14.7k -14,746
98 Blue Trust, Inc. 0.09% of their portfolio BRENTWOOD, TN 130,577130.6k $5.8m $5.8m 0.09% Reduced -15.5k -15,525
99 Robertson Stephens Wealth Management, LLC 0.38% of their portfolio San Francisco, CA 130,166130.2k $6.1m $6.1m 0.38% New
100 CLIENT 1ST ADVISORY GROUP, LLC 2.92% of their portfolio DUNEDIN, FL 129,240129.2k $6.0m $6.0m 2.92% Reduced -54.9k -54,941