Vault-13

SCHWAB STRATEGIC TR SCHH

US REIT ETF · ETP · CUSIP 808524847

559 institutional holders +14 vs Q3 2025
229,115,041229.1m shares reported held*
$4.8bnreported value*
50 new 228 added 152 reduced 60 sold out net bought ≈ $303.8m (+14.7m 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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $20.90. Options: 1 managers hold calls ($263.2k notional), 1 hold puts ($344.7k).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 460Q4 22: 487Q1 23: 474Q2 23: 456Q3 23: 461Q4 23: 508Q1 24: 498Q2 24: 482Q3 24: 508Q4 24: 519Q1 25: 514Q2 25: 523Q3 25: 545Q4 25: 559559Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022460
Q4 2022487
Q1 2023474
Q2 2023456
Q3 2023461
Q4 2023508
Q1 2024498
Q2 2024482
Q3 2024508
Q4 2024519
Q1 2025514
Q2 2025523
Q3 2025545
Q4 2025559

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 244 bought or addedQ1 24: 215 cut or sold outQ2 24: 197 bought or addedQ2 24: 229 cut or sold outQ2 24Q3 24: 242 bought or addedQ3 24: 213 cut or sold outQ4 24: 246 bought or addedQ4 24: 212 cut or sold outQ4 24Q1 25: 255 bought or addedQ1 25: 210 cut or sold outQ2 25: 248 bought or addedQ2 25: 226 cut or sold outQ2 25Q3 25: 289 bought or addedQ3 25: 189 cut or sold outQ4 25: 278 bought or addedQ4 25: 212 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024244215
Q2 2024197229
Q3 2024242213
Q4 2024246212
Q1 2025255210
Q2 2025248226
Q3 2025289189
Q4 2025278212

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ1 25 calls: $391.5kQ1 25 puts: $161.3kQ1 25P/C 0.41Q2 25 calls: $1.3mQ2 25 puts: $319.5kQ2 25P/C 0.25Q3 25 calls: $524.2kQ3 25 puts: $461.6kQ3 25P/C 0.88Q4 25 calls: $263.2kQ4 25 puts: $344.7kQ4 25P/C 1.31
Numbers
QuarterCallsPutsP/C
Q1 2025$391.5k$161.3k0.41
Q2 2025$1.3m$319.5k0.25
Q3 2025$524.2k$461.6k0.88
Q4 2025$263.2k$344.7k1.31

Biggest buyers

TWO SIGMA INVESTMENTS, LP New +11,681,437+11.7m
Financial Engines Advisors L.L.C. Added +2,964,924+3.0m
M&T Bank Corp New +1,046,422+1.0m
US BANCORP \DE\ Added +672,570+672.6k
Envestnet Portfolio Solutions, Inc. Added +557,970+558.0k
Beacon Pointe Advisors, LLC Added +339,056+339.1k
AMERIPRISE FINANCIAL INC Added +292,647+292.6k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC New +281,389+281.4k
BlackRock, Inc. Added +254,965+255.0k
Williams Financial, LLC New +230,952+231.0k

Biggest sellers

FMR LLC Reduced -3,602,717-3.6m
BNP PARIBAS FINANCIAL MARKETS Reduced -1,323,986-1.3m
Creative Planning Reduced -604,084-604.1k
Compound Planning, Inc. Reduced -602,350-602.4k
Wealthfront Advisers LLC Reduced -301,461-301.5k
BROWN WEALTH MANAGEMENT, LLC Reduced -229,470-229.5k
Vestwell Advisors, LLC Sold out -159,934-159.9k
JPMORGAN CHASE & CO Reduced -109,633-109.6k
EPIQ PARTNERS, LLC Reduced -62,011-62.0k
RFG Advisory, LLC Reduced -61,985-62.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $263.2k12.6k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $344.7k16.5k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FMR LLC 13G · institution filed 2026-02-05 5.8% 24.3m≈ $576.2m 2026-02-05

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 2.38% of their portfolio SANTA CLARA, CA 60,040,43360.0m $1.3bn $1.3bn 2.38% Added +3.0m +2,964,924
2 US BANCORP \DE\ 0.80% of their portfolio MINNEAPOLIS, MN 32,751,46032.8m $684.2m $684.2m 0.80% Added +672.6k +672,570
3 FMR LLC 0.03% of their portfolio BOSTON, MA 24,331,39924.3m $508.3m $508.3m 0.03% Reduced -3.6m -3,602,717
4 Creative Planning 0.32% of their portfolio OVERLAND PARK, KS 21,105,12021.1m $440.9m $440.9m 0.32% Reduced -604.1k -604,084
5 TWO SIGMA INVESTMENTS, LP 0.36% of their portfolio NEW YORK, NY 11,681,43711.7m $244.0m $244.0m 0.36% New
6 Envestnet Portfolio Solutions, Inc. 0.65% of their portfolio BERWYN, PA 8,916,1008.9m $186.3m $186.3m 0.65% Added +558.0k +557,970
7 DUMAC, INC. 25.18% of their portfolio DURHAM, NC 7,846,7427.8m $163.9m $163.9m 25.18% First filing
8 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.10% of their portfolio MILWAUKEE, WI 7,646,1307.6m $159.7m $159.7m 0.10% Added +199.3k +199,277
9 Cerity Partners LLC 0.08% of their portfolio NEW YORK, NY 2,655,8052.7m $55.5m $55.5m 0.08% Added +20.1k +20,140
10 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,996,8202.0m $41.7m $41.7m 0.01% Added +292.6k +292,647
11 BENJAMIN EDWARDS INC 0.42% of their portfolio Clayton, MO 1,811,4441.8m $37.8m $37.8m 0.42% Added +131.9k +131,891
12 MASON STREET ADVISORS, LLC 3.52% of their portfolio MILWAUKEE, WI 1,713,0851.7m $35.8m $35.8m 3.52% Added +85.9k +85,915
13 RATIONAL ADVISORS, INC. 3.16% of their portfolio San Juan, PR 1,476,3721.5m $30.8m $30.8m 3.16% Reduced -57.6k -57,556
14 Charles Schwab Trust Co 1.87% of their portfolio HENDERSON, NV 1,360,3541.4m $28.4m $28.4m 1.87% Added +83.8k +83,833
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,310,4241.3m $27.4m $27.4m 0.00% Added +255.0k +254,965
16 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,164,3251.2m $24.3m $24.3m 0.01% Reduced -48.0k -47,982
17 MONETA GROUP INVESTMENT ADVISORS LLC 0.17% of their portfolio ST LOUIS, MO 1,059,6541.1m $22.1m $22.1m 0.17% Reduced -10.2k -10,242
18 M&T Bank Corp 0.07% of their portfolio BUFFALO, NY 1,046,4221.0m $21.9m $21.9m 0.07% New
19 BlueSky Wealth Advisors, LLC 2.83% of their portfolio New Bern, NC 1,026,9731.0m $21.5m $21.5m 2.83% Added +36.1k +36,125
20 FOSTER & MOTLEY INC 1.08% of their portfolio CINCINNATI, OH 965,695965.7k $20.2m $20.2m 1.08% Added +4.7k +4,724
21 HANTZ FINANCIAL SERVICES, INC. 0.27% of their portfolio SOUTHFIELD, MI 868,988869.0k $18.2m $18.2m 0.27% Added +41.7k +41,738
22 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 802,747802.7k $16.8m $16.8m 0.01% Reduced -46.9k -46,900
23 Betterment LLC 0.03% of their portfolio NEW YORK, NY 769,210769.2k $16.1m $16.1m 0.03% Added +61.6k +61,581
24 ZynergyRetirementPlanningLLC 9.69% of their portfolio RED BANK, NJ 751,590751.6k $15.7m $15.7m 9.69% Added +5.2k +5,189
25 Pioneer Wealth Management Group 4.50% of their portfolio AUSTIN, TX 709,659709.7k $14.8m $14.8m 4.50% Added +13.1k +13,139
26 PURE PORTFOLIOS HOLDINGS LLC 4.03% of their portfolio LAKE OSWEGO, OR 641,124641.1k $13.4m $13.4m 4.03% Added +16.1k +16,111
27 PRINCIPAL SECURITIES, INC. 0.21% of their portfolio DES MOINES, IA 638,775638.8k $13.3m $13.3m 0.21% Added +49.6k +49,554
28 Elm Partners Management LLC 0.59% of their portfolio Philadelphia, PA 627,312627.3k $13.1m $13.1m 0.59% Added +63.3k +63,271
29 Beacon Pointe Advisors, LLC 0.09% of their portfolio NEWPORT BEACH, CA 603,192603.2k $12.6m $12.6m 0.09% Added +339.1k +339,056
30 Morningstar Investment Management LLC 0.70% of their portfolio CHICAGO, IL 565,481565.5k $11.8m $11.8m 0.70% Added +57.4k +57,444
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 538,400538.4k $11.2m $11.2m 0.00% Added +163.0k +162,982
32 Tortoise Investment Management, LLC 0.96% of their portfolio WHITE PLAINS, NY 523,909523.9k $10.9m $10.9m 0.96% Added +28.6k +28,602
33 Courage Miller Partners, LLC 3.28% of their portfolio NORFOLK, VA 521,872521.9k $10.9m $10.9m 3.28% Added +7.5k +7,456
34 Krilogy Financial LLC 0.37% of their portfolio ST. LOUIS, MO 507,578507.6k $10.8m $10.8m 0.37% Added +41.6k +41,636
35 MANNING & NAPIER ADVISORS LLC 0.13% of their portfolio Fairport, NY 491,379491.4k $10.3m $10.3m 0.13% Added +223.7k +223,731
36 Strategic Financial Planning, Inc. 5.75% of their portfolio PLANO, TX 483,962484.0k $10.1m $10.1m 5.75% Added +24.5k +24,511
37 Firestone Capital Management 1.97% of their portfolio SOUTH MIAMI, FL 445,084445.1k $9.3m $9.3m 1.97% Added +4.2k +4,189
38 JACKSON THORNTON WEALTH MANAGEMENT, LLC 0.85% of their portfolio MONTGOMERY, AL 426,610426.6k $9.0m $9.0m 0.85% Reduced -7.3k -7,318
39 Vise Technologies, Inc. 0.17% of their portfolio NEW YORK, NY 418,055418.1k $8.7m $8.7m 0.17% Added +25.1k +25,125
40 Mariner, LLC 0.01% of their portfolio Overland Park, KS 411,648411.6k $8.6m $8.6m 0.01% Added +8.9k +8,856
41 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 410,146410.1k $8.6m $8.6m 0.01% Reduced -1.3m -1,323,986
42 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 409,068409.1k $8.5m $8.5m 0.00% Added +24.3k +24,260
43 WEALTH MANAGEMENT RESOURCES, INC. 2.96% of their portfolio SMITHFIELD, RI 402,594402.6k $8.4m $8.4m 2.96% Added +4.5k +4,517
44 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 400,676400.7k $8.4m $8.4m 0.00% Reduced -25.7k -25,739
45 Grove Bank & Trust 0.94% of their portfolio Miami, FL 398,105398.1k $8.3m $8.3m 0.94% Added +33.3k +33,271
46 Avior Wealth Management, LLC 0.24% of their portfolio OMAHA, NE 373,701373.7k $7.8m $7.8m 0.24% Added +33.4k +33,431
47 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 364,963365.0k $7.6m $7.6m 0.01% Added +22.1k +22,058
48 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 353,936353.9k $7.4m $7.4m 0.01% Reduced -15.8k -15,833
49 VISTA CAPITAL PARTNERS, INC. 0.72% of their portfolio PORTLAND, OR 350,108350.1k $7.3m $7.3m 0.72% Added +13.2k +13,229
50 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 347,746347.7k $7.3m $7.3m 0.00% Added +2.4k +2,350
51 Amicus Financial Advisors, LLC 2.02% of their portfolio LUBBOCK, TX 346,737346.7k $7.2m $7.2m 2.02% First filing
52 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 340,936340.9k $7.1m $7.1m 0.01% Added +46.0k +46,010
53 Wealthfront Advisers LLC 0.02% of their portfolio Palo Alto, CA 339,329339.3k $7.1m $7.1m 0.02% Reduced -301.5k -301,461
54 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 332,787332.8k $7.0m $7.0m 0.01% Reduced -1.2k -1,191
55 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 324,764324.8k $6.8m $6.8m 0.01% Added +33.0k +33,016
56 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 321,551321.6k $6.7m $6.7m 0.00% Added +19.3k +19,303
57 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 318,556318.6k $6.7m $6.7m 0.00% Added +184.2k +184,233
58 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 305,777305.8k $6.4m $6.4m 0.01% Reduced -15.1k -15,142
59 Passive Capital Management, LLC. 1.96% of their portfolio BALTIMORE, MD 299,841299.8k $6.3m $6.3m 1.96% Added +18.1k +18,101
60 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 281,389281.4k $5.9m $5.9m 0.00% New
61 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 277,377277.4k $5.8m $5.8m 0.01% Added +47.3k +47,336
62 WealthCollab, LLC 2.23% of their portfolio BELLEVUE, WA 260,338260.3k $5.4m $5.4m 2.23% Added +2.0k +2,034
63 Upper Left Wealth Management, LLC 3.29% of their portfolio TAMPA, FL 258,056258.1k $5.4m $5.4m 3.29% Added +34.0k +33,999
64 White & Co Financial Planning Inc 3.94% of their portfolio SUNNYSIDE, WA 252,471252.5k $5.3m $5.3m 3.94% Reduced -177 -177
65 Texas Yale Capital Corp. 0.16% of their portfolio ST. PETERSBURG, FL 251,366251.4k $5.3m $5.3m 0.16% Added +76.0k +76,023
66 Asset Allocation Strategies LLC 0.94% of their portfolio FARMINGTON, MI 242,349242.3k $5.1m $5.1m 0.94% Added +12.3k +12,282
67 CoreCap Advisors, LLC 0.17% of their portfolio SOUTHFIELD, MI 234,315234.3k $4.9m $4.9m 0.17% Added +17.0k +17,019
68 Williams Financial, LLC 2.79% of their portfolio NORTH BENNINGTON, VT 230,952231.0k $4.8m $4.8m 2.79% New
69 APPLETON PARTNERS INC/MA 0.31% of their portfolio BOSTON, MA 223,625223.6k $4.7m $4.7m 0.31% Added +10.7k +10,747
70 ELEVATION WEALTH PARTNERS, LLC 1.65% of their portfolio WALNUT CREEK, CA 222,637222.6k $4.7m $4.7m 1.65% Added +17.2k +17,190
71 Good Steward Wealth Advisors,LLC 2.98% of their portfolio CLARKSVILLE, TN 216,475216.5k $4.5m $4.5m 2.98% New
72 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 215,079215.1k $4.5m $4.5m 0.01% Added +2.5k +2,466
73 Frisco Financial Planning LLC 3.73% of their portfolio FRISCO, TX 213,645213.6k $4.5m $4.5m 3.73% Added +13.6k +13,554
74 Cypress Point Wealth Management, LLC 0.97% of their portfolio DALLAS, TX 211,763211.8k $4.4m $4.4m 0.97% Added +16.4k +16,402
75 Stanich Group LLC 3.31% of their portfolio MONTAUK, NY 210,418210.4k $4.4m $4.4m 3.31% Added +14.3k +14,281
76 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 208,393208.4k $4.4m $4.4m 0.01% New
77 Pure Financial Advisors, LLC 0.06% of their portfolio SAN DIEGO, CA 207,156207.2k $4.3m $4.3m 0.06% Added +3.4k +3,407
78 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 204,663204.7k $4.3m $4.3m 0.00% Added +146.7k +146,722
79 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 200,287200.3k $4.2m $4.2m 0.00% New
80 SMITH, MOORE & CO. 0.31% of their portfolio CLAYTON, MO 193,597193.6k $4.0m $4.0m 0.31% Added +16.8k +16,847
81 Fiduciary Alliance LLC 0.26% of their portfolio GREENVILLE, SC 193,491193.5k $4.0m $4.0m 0.26% Added +4.9k +4,859
82 Omega Financial Group, LLC 1.34% of their portfolio Santa Barbara, CA 193,108193.1k $4.0m $4.0m 1.34% Reduced -5.1k -5,106
83 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 187,945187.9k $3.9m $3.9m 0.00% Added +6.0k +5,998
84 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 186,711186.7k $3.9m $3.9m 0.01% Added +25.1k +25,125
85 Moisand Fitzgerald Tamayo, LLC 0.41% of their portfolio ORLANDO, FL 172,816172.8k $3.6m $3.6m 0.41% Reduced -2.9k -2,894
86 SWS Partners 0.85% of their portfolio COLUMBUS, OH 167,632167.6k $3.5m $3.5m 0.85% Added +6.1k +6,056
87 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.06% of their portfolio Seattle, WA 166,486166.5k $3.5m $3.5m 0.06% Added +4.5k +4,504
88 RFG Holdings, Inc. 0.87% of their portfolio Argyle, TX 165,267165.3k $3.5m $3.5m 0.87% Reduced -1.4k -1,422
89 Stratos Wealth Advisors, LLC 0.16% of their portfolio BEACHWOOD, OH 162,591162.6k $3.4m $3.4m 0.16% Reduced -12.1k -12,138
90 Brooklyn FI, LLC 0.69% of their portfolio NEW YORK, NY 154,803154.8k $3.2m $3.2m 0.69% Reduced -5.0k -5,010
91 LifePlan Investment Advisors, Inc. 1.30% of their portfolio RALEIGH, NC 152,263152.3k $3.2m $3.2m 1.30% Added +4.4k +4,362
92 Clearstead Advisors, LLC 0.04% of their portfolio CLEVELAND, OH 150,251150.3k $3.1m $3.1m 0.04% Added +39 +39
93 Perigon Wealth Management, LLC 0.06% of their portfolio SAN FRANCISCO, CA 149,755149.8k $3.1m $3.1m 0.06% Added +4.0k +4,020
94 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 148,656148.7k $3.1m $3.1m 0.00% Reduced -3.3k -3,338
95 CIBC WORLD MARKETS CORP 0.02% of their portfolio NEW YORK, NY 147,022147.0k $3.1m $3.1m 0.02% First filing
96 Rooted Wealth Advisors, Inc. 0.89% of their portfolio BOURBONNAIS, IL 145,466145.5k $3.1m $3.1m 0.89% Added +10.9k +10,887
97 Flatrock Wealth Partners LLC 1.45% of their portfolio NEWPORT BEACH, CA 144,579144.6k $3.0m $3.0m 1.45% First filing
98 Brand Asset Management Group, Inc. 0.82% of their portfolio CHESTERFIELD, MO 140,202140.2k $2.9m $2.9m 0.82% Reduced -21.8k -21,822
99 Guardian Financial Partners, LLC 1.14% of their portfolio ORANGE, CA 129,268129.3k $2.7m $2.7m 1.14% Added +2.0k +2,046
100 Johnson Financial Group, LLC 0.17% of their portfolio Denver, CO 129,006129.0k $2.7m $2.7m 0.17% Added +43.3k +43,339