Vault-13

SCHWAB STRATEGIC TR SCHR

INT-TRM U.S TRES · ETP · CUSIP 808524854

365 institutional holders -6 vs Q1 2023
128,443,455128.4m shares reported held*
$6.3bnreported value*
39 new 169 added 99 reduced 49 sold out net bought ≈ $139.6m (+2.7m 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.28. Options: 1 managers hold calls ($601.2k notional), 1 hold puts ($192.2k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 332Q4 22: 357Q1 23: 371Q2 23: 365365Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022332
Q4 2022357
Q1 2023371
Q2 2023365

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 155 bought or addedQ4 22: 181 cut or sold outQ4 22Q1 23: 184 bought or addedQ1 23: 161 cut or sold outQ1 23Q2 23: 208 bought or addedQ2 23: 148 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022155181
Q1 2023184161
Q2 2023208148

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: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $353.0kQ1 23 puts: $1.4mQ1 23P/C 3.93Q2 23 calls: $601.2kQ2 23 puts: $192.2kQ2 23P/C 0.32
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$353.0k$1.4m3.93
Q2 2023$601.2k$192.2k0.32

Biggest buyers

ROYAL BANK OF CANADA Added +1,120,970+1.1m
Charles Schwab Investment Advisory, Inc. Added +632,095+632.1k
JPMORGAN CHASE & CO Added +587,392+587.4k
AMERIPRISE FINANCIAL INC Added +493,133+493.1k
BANK OF AMERICA CORP /DE/ Added +322,060+322.1k
Intelligence Driven Advisers, LLC New +274,353+274.4k
Hilltop Partners LLC Added +245,584+245.6k
Madison Asset Management, LLC Added +235,500+235.5k
Clearstead Advisors, LLC New +215,070+215.1k
Kestra Advisory Services, LLC Added +178,360+178.4k

Biggest sellers

ASSETMARK, INC Reduced -873,658-873.7k
JANE STREET GROUP, LLC Reduced -773,259-773.3k
Tidal Investments LLC Sold out -707,492-707.5k
Morningstar Investment Management LLC Reduced -639,883-639.9k
New York Life Investment Management LLC Sold out -379,493-379.5k
LIBERTY WEALTH MANAGEMENT LLC Sold out -119,974-120.0k
Summit Wealth Group, LLC Sold out -86,992-87.0k
Opus Capital Group, LLC Reduced -61,107-61.1k
Avidian Wealth Enterprises, LLC Reduced -60,184-60.2k
HRT FINANCIAL LP Sold out -36,931-36.9k

Biggest calls

CITADEL ADVISORS LLC Added $601.2k12.2k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $192.2k3.9k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 5.92% of their portfolio SAN FRANCISCO, CA 77,448,50777.4m $3.8bn $3.8bn 5.92% Added +632.1k +632,095
2 ROYAL BANK OF CANADA 0.13% of their portfolio TORONTO, A6 9,679,1909.7m $477.0m $477.0m 0.13% Added +1.1m +1,120,970
3 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 5,378,4775.4m $265.1m $265.1m 0.03% Added +587.4k +587,392
4 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 2,975,8923.0m $146.6m $146.6m 0.05% Added +493.1k +493,133
5 STIFEL FINANCIAL CORP 0.19% of their portfolio ST. LOUIS, MO 2,785,2272.8m $137.3m $137.3m 0.19% Added +52.7k +52,739
6 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 2,178,7192.2m $107.4m $107.4m 0.03% Added +113.9k +113,940
7 BerganKDV Wealth Management, LLC 8.78% of their portfolio BLOOMINGTON, MN 1,780,7731.8m $87.8m $87.8m 8.78% Added +10.0k +10,000
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,450,0001.4m $71.5m $71.5m 0.00% Unchanged
9 Hilton Capital Management, LLC 5.07% of their portfolio Garden City, NY 856,857856.9k $42.2m $42.2m 5.07% Added +126.2k +126,228
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 830,531830.5k $40.9m $40.9m 0.00% Added +4.7k +4,656
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 794,627794.6k $39.2m $39.2m 0.00% Added +322.1k +322,060
12 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 786,737786.7k $38.8m $38.8m 0.02% Added +55.3k +55,328
13 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 722,037722.0k $35.6m $35.6m 0.06% Unchanged
14 Cornerstone Wealth Advisors, Inc. 11.46% of their portfolio EDINA, MN 675,769675.8k $33.3m $33.3m 11.46% Added +67.8k +67,755
15 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 553,512553.5k $27.3m $27.3m 0.01% Reduced -20.5k -20,500
16 Moisand Fitzgerald Tamayo, LLC 5.29% of their portfolio ORLANDO, FL 524,876524.9k $25.9m $25.9m 5.29% Added +22.0k +22,045
17 FOSTER & MOTLEY INC 1.75% of their portfolio CINCINNATI, OH 458,334458.3k $22.6m $22.6m 1.75% Reduced -1.5k -1,499
18 WestHill Financial Advisors, Inc. 6.29% of their portfolio San Rafael, CA 451,455451.5k $22.2m $22.2m 6.29% Added +8.9k +8,886
19 Madison Asset Management, LLC 0.31% of their portfolio MADISON, WI 428,552428.6k $21.1m $21.1m 0.31% Added +235.5k +235,500
20 LAKE STREET ADVISORS GROUP, LLC 1.11% of their portfolio PORTSMOUTH, NH 407,019407.0k $20.1m $20.1m 1.11% Added +17.0k +17,030
21 Greenline Partners, LLC 3.69% of their portfolio NEW YORK, NY 400,268400.3k $19.7m $19.7m 3.69% Added +11.6k +11,614
22 Resonant Capital Advisors, LLC 2.12% of their portfolio Madison, WI 395,943395.9k $19.5m $19.5m 2.12% Added +45.6k +45,561
23 Morningstar Investment Services LLC 0.25% of their portfolio CHICAGO, IL 391,793391.8k $19.3m $19.3m 0.25% Added +80.8k +80,790
24 Galvin, Gaustad & Stein, LLC 1.85% of their portfolio Scottsdale, AZ 387,069387.1k $19.1m $19.1m 1.85% Added +44.0k +44,013
25 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.20% of their portfolio PLYMOUTH, MN 383,681383.7k $18.9m $18.9m 0.20% Reduced -15.1k -15,129
26 FLC Capital Advisors 5.41% of their portfolio PALM DESERT, CA 375,438375.4k $18.5m $18.5m 5.41% Added +11.2k +11,184
27 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 358,202358.2k $17.7m $17.7m 0.02% Reduced -7.0k -7,001
28 Avidian Wealth Enterprises, LLC 1.11% of their portfolio Houston, TX 343,821343.8k $16.9m $16.9m 1.11% Reduced -60.2k -60,184
29 AlphaStar Capital Management, LLC 1.82% of their portfolio CORNELIUS, NC 327,471327.5k $16.1m $16.1m 1.82% Added +11.2k +11,222
30 West Coast Financial LLC 2.22% of their portfolio SANTA BARBARA, CA 318,838318.8k $15.7m $15.7m 2.22% Reduced -17.5k -17,461
31 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 318,315318.3k $15.7m $15.7m 0.01% Added +12.0k +12,037
32 Hilltop Partners LLC 6.35% of their portfolio MISHAWAKA, IN 310,282310.3k $15.3m $15.3m 6.35% Added +245.6k +245,584
33 CreativeOne Wealth, LLC 0.38% of their portfolio OVERLAND PARK, KS 301,286301.3k $15.2m $15.2m 0.38% Added +109.8k +109,776
34 Morningstar Investment Management LLC 1.92% of their portfolio CHICAGO, IL 294,275294.3k $14.5m $14.5m 1.92% Reduced -639.9k -639,883
35 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 290,648290.6k $14.3m $14.3m 0.01% Added +32.9k +32,899
36 Sequoia Financial Advisors, LLC 0.24% of their portfolio Akron, OH 280,213280.2k $13.8m $13.8m 0.24% Reduced -23.6k -23,562
37 Intelligence Driven Advisers, LLC 2.34% of their portfolio CARLSBAD, CA 274,353274.4k $13.3m $13.3m 2.34% New
38 Bouchey Financial Group, Ltd. 1.63% of their portfolio TROY, NY 273,662273.7k $13.5m $13.5m 1.63% Added +41.5k +41,471
39 Beacon Wealthcare LLC 6.58% of their portfolio RALEIGH, NC 261,741261.7k $12.9m $12.9m 6.58% Added +10.3k +10,262
40 Tradewinds Capital Management, LLC 4.01% of their portfolio BELLINGHAM, WA 261,137261.1k $12.9m $12.9m 4.01% Reduced -11.6k -11,583
41 LIBRA WEALTH LLC 6.64% of their portfolio LOS GATOS, CA 246,628246.6k $12.2m $12.2m 6.64% Reduced -25.1k -25,089
42 Kestra Advisory Services, LLC 0.12% of their portfolio AUSTIN, TX 242,934242.9k $12.0m $12.0m 0.12% Added +178.4k +178,360
43 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 241,645241.6k $11.9m $11.9m 0.02% Added +8.7k +8,720
44 Orion Porfolio Solutions, LLC 0.13% of their portfolio OMAHA, NE 238,895238.9k $11.8m $11.8m 0.13% Added +37.9k +37,864
45 Orion Portfolio Solutions, LLC 0.13% of their portfolio Omaha, NE 238,895238.9k $11.8m $11.8m 0.13% Added +37.9k +37,864
46 First National Trust Co 0.51% of their portfolio Johnstown, PA 222,383222.4k $11.0m $11.0m 0.51% Added +23.3k +23,264
47 DAVENPORT & Co LLC 0.08% of their portfolio RICHMOND, VA 221,481221.5k $10.9m $10.9m 0.08% Added +78.4k +78,429
48 Marshall Financial Group, LLC 3.69% of their portfolio Hunt Valley, MD 219,628219.6k $10.8m $10.8m 3.69% Added +22.6k +22,620
49 Clearstead Advisors, LLC 0.64% of their portfolio CLEVELAND, OH 215,070215.1k $10.6m $10.6m 0.64% New
50 HC Advisors, LLC 6.10% of their portfolio SANDY SPRINGS, GA 213,223213.2k $10.5m $10.5m 6.10% Reduced -14.3k -14,294
51 Vident Investment Advisory, LLC 0.36% of their portfolio Alpharetta, GA 213,207213.2k $10.5m $10.5m 0.36% Added +172.7k +172,678
52 MassMutual Private Wealth & Trust, FSB 0.38% of their portfolio Windsor, CT 212,548212.5k $10.5m $10.5m 0.38% Added +16.3k +16,260
53 Kingsview Wealth Management, LLC 0.40% of their portfolio GRANTS PASS, OR 209,127209.1k $10.3m $10.3m 0.40% Reduced -6.0k -6,039
54 Stokes Family Office, LLC 1.16% of their portfolio NEW ORLEANS, LA 203,499203.5k $10.0m $10.0m 1.16% Added +81.3k +81,316
55 Cetera Advisors LLC 0.14% of their portfolio DENVER, CO 176,551176.6k $8.7m $8.7m 0.14% Added +12.0k +11,958
56 Your Advocates Ltd., LLP 4.23% of their portfolio HOUSTON, TX 167,544167.5k $8.3m $8.3m 4.23% Added +22.2k +22,197
57 Morton Brown Family Wealth, LLC 4.35% of their portfolio ALLENTOWN, PA 165,170165.2k $8.1m $8.1m 4.35% Added +12.9k +12,933
58 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 164,555164.6k $8.2m $8.2m 0.00% Added +11.0k +10,976
59 SWS Partners 2.87% of their portfolio COLUMBUS, OH 161,246161.2k $7.9m $7.9m 2.87% Added +3.2k +3,231
60 McAdam, LLC 0.65% of their portfolio Philadelphia, PA 160,870160.9k $7.9m $7.9m 0.65% Added +37.2k +37,162
61 Altiora Financial Group, LLC 3.42% of their portfolio LEBANON, OH 158,032158.0k $7.8m $7.8m 3.42% Reduced -1.2k -1,196
62 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 157,203157.2k $7.7m $7.7m 0.02% New
63 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 148,375148.4k $7.3m $7.3m 0.01% Reduced -773.3k -773,259
64 FLOW TRADERS U.S. LLC 0.31% of their portfolio NEW YORK, NY 143,458143.5k $7.1m $7.1m 0.31% Added +14.7k +14,701
65 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 124,270124.3k $6.1m $6.1m 0.00% Added +9.3k +9,316
66 Advisory Alpha, LLC 0.31% of their portfolio HOLLAND, MI 121,478121.5k $6.0m $6.0m 0.31% Added +18.9k +18,880
67 MERIDIAN MANAGEMENT CO 1.85% of their portfolio LITTLE ROCK, AR 119,862119.9k $5.9m $5.9m 1.85% Reduced -4.3k -4,290
68 Oakwell Private Wealth Management, LLC 2.36% of their portfolio Austin, TX 114,563114.6k $5.6m $5.6m 2.36% Added +3.6k +3,580
69 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 107,869107.9k $5.3m $5.3m 0.02% Reduced -3.0k -3,002
70 Tradition Wealth Management, LLC 0.61% of their portfolio EDINA, MN 106,867106.9k $5.3m $5.3m 0.61% Added +105.3k +105,338
71 Inspire Advisors, LLC 0.99% of their portfolio Meridian, ID 103,688103.7k $5.1m $5.1m 0.99% Added +21.8k +21,834
72 Kaizen Financial Strategies 4.27% of their portfolio CAMPBELL, CA 101,341101.3k $5.0m $5.0m 4.27% Added +5.5k +5,547
73 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 98,92398.9k $4.9m $4.9m 0.02% Added +17.5k +17,481
74 BlackRock Inc. 0.00% of their portfolio New York, NY 91,99092.0k $4.5m $4.5m 0.00% Added +91.9k +91,894
75 Hendershot Investments Inc. 0.69% of their portfolio CENTREVILLE, VA 86,54086.5k $4.3m $4.3m 0.69% Added +1.7k +1,674
76 CGN Advisors LLC 0.61% of their portfolio MANHATTAN, KS 86,39886.4k $4.3m $4.3m 0.61% Added +7.0k +6,982
77 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 85,98286.0k $4.2m $4.2m 0.01% Added +4.8k +4,833
78 Independent Solutions Wealth Management, LLC 1.14% of their portfolio Williamsville, NY 85,72785.7k $4.2m $4.2m 1.14% Added +5.5k +5,518
79 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 84,88384.9k $4.2m $4.2m 0.01% Added +16.0k +16,012
80 SeaCrest Wealth Management, LLC 0.52% of their portfolio PURCHASE, NY 83,57083.6k $4.1m $4.1m 0.52% Reduced -324 -324
81 Empowered Funds, LLC 0.14% of their portfolio NEWTOWN SQUARE, PA 82,63682.6k $4.1m $4.1m 0.14% New
82 EA Series Trust 0.14% of their portfolio HAVERTOWN, PA 82,63682.6k $4.1m $4.1m 0.14% First filing
83 MYECFO, LLC 2.92% of their portfolio La Jolla, CA 81,66981.7k $4.0m $4.0m 2.92% Added +696 +696
84 PAX Financial Group, LLC 0.90% of their portfolio SAN ANTONIO, TX 80,78380.8k $4.0m $4.0m 0.90% Added +11.0k +10,972
85 Passive Capital Management, LLC. 1.69% of their portfolio BALTIMORE, MD 80,61880.6k $4.0m $4.0m 1.69% Reduced -5.6k -5,621
86 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 79,78379.8k $3.9m $3.9m 0.01% Added +45.2k +45,156
87 Allworth Financial LP 0.03% of their portfolio FOLSOM, CA 78,62678.6k $3.9m $3.9m 0.03% Added +796 +796
88 Spire Wealth Management 0.14% of their portfolio MCLEAN, VA 78,37178.4k $3.9m $3.9m 0.14% Reduced -3.4k -3,363
89 RKL Wealth Management LLC 0.45% of their portfolio LANCASTER, PA 77,98778.0k $3.8m $3.8m 0.45% Reduced -720 -720
90 Diligent Investors, LLC 1.10% of their portfolio REDLANDS, CA 75,26775.3k $3.7m $3.7m 1.10% Reduced -4.4k -4,423
91 COLDSTREAM CAPITAL MANAGEMENT INC 0.12% of their portfolio BELLEVUE, WA 74,90074.9k $3.7m $3.7m 0.12% Added +4.5k +4,532
92 Asio Capital, LLC 0.87% of their portfolio LEXINGTON, KY 72,33072.3k $3.6m $3.6m 0.87% Added +7.5k +7,464
93 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 71,02971.0k $3.5m $3.5m 0.03% Added +39.1k +39,090
94 BENJAMIN EDWARDS INC 0.80% of their portfolio Clayton, MO 70,12870.1k $3.5m $3.5m 0.80% Added +13.6k +13,591
95 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 70,11270.1k $3.4m $3.4m 0.01% Added +12.1k +12,144
96 BUCKINGHAM STRATEGIC WEALTH, LLC 0.05% of their portfolio CLAYTON, MO 68,87568.9k $3.4m $3.4m 0.05% Added +5.6k +5,649
97 Mariner, LLC 0.01% of their portfolio Overland Park, KS 68,75868.8k $3.4m $3.4m 0.01% Added +8.3k +8,251
98 Freedom Investment Management, Inc. 0.37% of their portfolio SOUTH WINDSOR, CT 67,15967.2k $3.3m $3.3m 0.37% Added +1.2k +1,171
99 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 67,02967.0k $3.3m $3.3m 0.02% Added +36.8k +36,800
100 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 66,38266.4k $3.3m $3.3m 0.00% Added +9.8k +9,764