Vault-13

SCHWAB STRATEGIC TR SCHR

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

370 institutional holders +5 vs Q2 2023
133,808,167133.8m shares reported held*
$6.4bnreported value*
43 new 161 added 104 reduced 42 sold out net bought ≈ $332.7m (+6.9m 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.94. Options: 1 managers hold calls ($306.8k notional), 1 hold puts ($201.3k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 332Q4 22: 357Q1 23: 371Q2 23: 365Q3 23: 370370Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022332
Q4 2022357
Q1 2023371
Q2 2023365
Q3 2023370

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 23Q3 23: 204 bought or addedQ3 23: 146 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022155181
Q1 2023184161
Q2 2023208148
Q3 2023204146

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ4 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 0.32Q3 23 calls: $306.8kQ3 23 puts: $201.3kQ3 23P/C 0.66
Numbers
QuarterCallsPutsP/C
Q4 2022$0$0—
Q1 2023$353.0k$1.4m3.93
Q2 2023$601.2k$192.2k0.32
Q3 2023$306.8k$201.3k0.66

Biggest buyers

Creative Planning Added +1,247,751+1.2m
ROYAL BANK OF CANADA Added +640,943+640.9k
ASSETMARK, INC Added +639,538+639.5k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +627,842+627.8k
AMERIPRISE FINANCIAL INC Added +581,860+581.9k
Northwest Capital Management Inc Added +537,084+537.1k
CWM, LLC Added +534,129+534.1k
FINANCIAL COUNSELORS INC New +427,652+427.7k
ENVESTNET ASSET MANAGEMENT INC Added +288,326+288.3k
JPMORGAN CHASE & CO Added +283,476+283.5k

Biggest sellers

Tradewinds Capital Management, LLC Reduced -260,057-260.1k
Hilltop Partners LLC Reduced -242,376-242.4k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -242,146-242.1k
Vident Investment Advisory, LLC Sold out -213,207-213.2k
Charles Schwab Investment Advisory, Inc. Reduced -193,795-193.8k
CreativeOne Wealth, LLC Reduced -171,855-171.9k
Thrivent Financial for Lutherans Reduced -144,104-144.1k
MORGAN STANLEY Reduced -131,945-131.9k
LIBRA WEALTH LLC Reduced -130,736-130.7k
Empowered Funds, LLC Sold out -82,636-82.6k

Biggest calls

CITADEL ADVISORS LLC Reduced $306.8k6.4k shares

Biggest puts

CITADEL ADVISORS LLC Added $201.3k4.2k 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 Advisory, Inc. 5.85% of their portfolio SAN FRANCISCO, CA 77,254,71277.3m $3.7bn $3.7bn 5.85% Reduced -193.8k -193,795
2 ROYAL BANK OF CANADA 0.14% of their portfolio TORONTO, A6 10,320,13310.3m $494.7m $494.7m 0.14% Added +640.9k +640,943
3 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 5,661,9535.7m $271.4m $271.4m 0.03% Added +283.5k +283,476
4 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 3,557,7523.6m $170.6m $170.6m 0.06% Added +581.9k +581,860
5 STIFEL FINANCIAL CORP 0.20% of their portfolio ST. LOUIS, MO 2,939,1922.9m $140.9m $140.9m 0.20% Added +154.0k +153,965
6 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 2,376,1692.4m $113.9m $113.9m 0.03% Added +197.4k +197,450
7 Creative Planning 0.10% of their portfolio OVERLAND PARK, KS 1,605,9531.6m $77.0m $77.0m 0.10% Added +1.2m +1,247,751
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,450,0001.4m $69.5m $69.5m 0.00% Unchanged
9 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,075,0631.1m $51.5m $51.5m 0.02% Added +288.3k +288,326
10 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.16% of their portfolio PLYMOUTH, MN 1,011,5231.0m $48.5m $48.5m 0.16% Added +627.8k +627,842
11 Hilton Capital Management, LLC 6.13% of their portfolio Garden City, NY 959,558959.6k $46.0m $46.0m 6.13% Added +102.7k +102,701
12 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 938,144938.1k $45.0m $45.0m 0.01% Added +143.5k +143,517
13 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 722,037722.0k $34.6m $34.6m 0.06% Unchanged
14 Cornerstone Wealth Advisors, Inc. 12.15% of their portfolio EDINA, MN 719,307719.3k $34.5m $34.5m 12.15% Added +43.5k +43,538
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 698,586698.6k $33.5m $33.5m 0.00% Reduced -131.9k -131,945
16 ASSETMARK, INC 0.12% of their portfolio CONCORD, CA 639,622639.6k $30.7m $30.7m 0.12% Added +639.5k +639,538
17 Northwest Capital Management Inc 11.11% of their portfolio Lake Oswego, OR 600,030600.0k $28.8m $28.8m 11.11% Added +537.1k +537,084
18 CWM, LLC 0.17% of their portfolio OMAHA, NE 594,765594.8k $28.5m $28.5m 0.17% Added +534.1k +534,129
19 Resonant Capital Advisors, LLC 2.93% of their portfolio Madison, WI 574,039574.0k $27.5m $27.5m 2.93% Added +178.1k +178,096
20 Moisand Fitzgerald Tamayo, LLC 5.37% of their portfolio ORLANDO, FL 530,955531.0k $25.5m $25.5m 5.37% Added +6.1k +6,079
21 Madison Asset Management, LLC 0.36% of their portfolio MADISON, WI 514,789514.8k $24.7m $24.7m 0.36% Added +86.2k +86,237
22 FOSTER & MOTLEY INC 1.91% of their portfolio CINCINNATI, OH 485,402485.4k $23.3m $23.3m 1.91% Added +27.1k +27,068
23 Clearstead Advisors, LLC 0.64% of their portfolio CLEVELAND, OH 461,838461.8k $22.1m $22.1m 0.64% Added +246.8k +246,768
24 Avidian Wealth Enterprises, LLC 1.55% of their portfolio Houston, TX 459,340459.3k $22.0m $22.0m 1.55% Added +115.5k +115,519
25 WestHill Financial Advisors, Inc. 6.42% of their portfolio San Rafael, CA 458,657458.7k $22.0m $22.0m 6.42% Added +7.2k +7,202
26 Greenline Partners, LLC 3.86% of their portfolio NEW YORK, NY 427,664427.7k $20.5m $20.5m 3.86% Added +27.4k +27,396
27 FINANCIAL COUNSELORS INC 0.41% of their portfolio Overland Park, KS 427,652427.7k $20.5m $20.5m 0.41% New
28 Galvin, Gaustad & Stein, LLC 2.02% of their portfolio Scottsdale, AZ 415,812415.8k $19.9m $19.9m 2.02% Added +28.7k +28,743
29 LAKE STREET ADVISORS GROUP, LLC 1.17% of their portfolio PORTSMOUTH, NH 410,542410.5k $19.7m $19.7m 1.17% Added +3.5k +3,523
30 Morningstar Investment Services LLC 0.24% of their portfolio CHICAGO, IL 393,293393.3k $18.8m $18.8m 0.24% Added +1.5k +1,500
31 FLC Capital Advisors 5.43% of their portfolio PALM DESERT, CA 374,127374.1k $17.9m $17.9m 5.43% Reduced -1.3k -1,311
32 MassMutual Private Wealth & Trust, FSB 0.64% of their portfolio Windsor, CT 359,650359.6k $17.2m $17.2m 0.64% Added +147.1k +147,102
33 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 330,602330.6k $15.8m $15.8m 0.01% Added +12.3k +12,287
34 West Coast Financial LLC 2.28% of their portfolio SANTA BARBARA, CA 318,996319.0k $15.3m $15.3m 2.28% Added +158 +158
35 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 311,366311.4k $14.9m $14.9m 0.00% Reduced -242.1k -242,146
36 AlphaStar Capital Management, LLC 1.83% of their portfolio CORNELIUS, NC 305,193305.2k $14.6m $14.6m 1.83% Reduced -22.3k -22,278
37 Intelligence Driven Advisers, LLC 2.52% of their portfolio CARLSBAD, CA 297,676297.7k $14.2m $14.2m 2.52% Added +23.3k +23,323
38 First National Trust Co 0.67% of their portfolio Johnstown, PA 291,633291.6k $14.0m $14.0m 0.67% Added +69.2k +69,250
39 Kestra Advisory Services, LLC 0.13% of their portfolio AUSTIN, TX 277,189277.2k $13.3m $13.3m 0.13% Added +34.3k +34,255
40 Sequoia Financial Advisors, LLC 0.23% of their portfolio Akron, OH 272,542272.5k $13.1m $13.1m 0.23% Reduced -7.7k -7,671
41 Beacon Wealthcare LLC 6.76% of their portfolio RALEIGH, NC 266,966267.0k $12.8m $12.8m 6.76% Added +5.2k +5,225
42 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 261,381261.4k $12.5m $12.5m 0.02% Added +19.7k +19,736
43 Orion Porfolio Solutions, LLC 0.15% of their portfolio OMAHA, NE 261,305261.3k $12.5m $12.5m 0.15% Added +22.4k +22,410
44 Orion Portfolio Solutions, LLC 0.15% of their portfolio Omaha, NE 261,305261.3k $12.5m $12.5m 0.15% Added +22.4k +22,410
45 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 260,084260.1k $12.5m $12.5m 0.01% Reduced -30.6k -30,564
46 HC Advisors, LLC 7.14% of their portfolio SANDY SPRINGS, GA 250,445250.4k $12.0m $12.0m 7.14% Added +37.2k +37,222
47 Allworth Financial LP 0.10% of their portfolio FOLSOM, CA 250,129250.1k $12.0m $12.0m 0.10% Added +171.5k +171,503
48 DAVENPORT & Co LLC 0.09% of their portfolio RICHMOND, VA 245,596245.6k $11.8m $11.8m 0.09% Added +24.1k +24,115
49 Stokes Family Office, LLC 1.26% of their portfolio NEW ORLEANS, LA 223,547223.5k $10.7m $10.7m 1.26% Added +20.0k +20,048
50 BlackRock Inc. 0.00% of their portfolio New York, NY 221,368221.4k $10.6m $10.6m 0.00% Added +129.4k +129,378
51 Morningstar Investment Management LLC 1.45% of their portfolio CHICAGO, IL 221,251221.3k $10.6m $10.6m 1.45% Reduced -73.0k -73,024
52 Marshall Financial Group, LLC 3.78% of their portfolio Hunt Valley, MD 218,963219.0k $10.5m $10.5m 3.78% Reduced -665 -665
53 Bouchey Financial Group, Ltd. 1.28% of their portfolio TROY, NY 217,636217.6k $10.4m $10.4m 1.28% Reduced -56.0k -56,026
54 Tidal Investments LLC 0.32% of their portfolio Milwaukee, WI 216,177216.2k $10.4m $10.4m 0.32% New
55 Kingsview Wealth Management, LLC 0.35% of their portfolio GRANTS PASS, OR 204,151204.2k $9.8m $9.8m 0.35% Reduced -5.0k -4,976
56 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 199,108199.1k $9.5m $9.5m 0.01% Added +50.7k +50,733
57 Tradition Wealth Management, LLC 1.11% of their portfolio EDINA, MN 193,712193.7k $9.3m $9.3m 1.11% Added +86.8k +86,845
58 Cetera Advisors LLC 0.14% of their portfolio DENVER, CO 186,692186.7k $9.0m $9.0m 0.14% Added +10.1k +10,141
59 Your Advocates Ltd., LLP 5.31% of their portfolio HOUSTON, TX 185,501185.5k $8.9m $8.9m 5.31% Added +18.0k +17,957
60 Morton Brown Family Wealth, LLC 4.27% of their portfolio ALLENTOWN, PA 174,027174.0k $8.3m $8.3m 4.27% Added +8.9k +8,857
61 SWS Partners 3.00% of their portfolio COLUMBUS, OH 169,555169.6k $8.1m $8.1m 3.00% Added +8.3k +8,309
62 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 166,777166.8k $8.1m $8.1m 0.00% Added +2.2k +2,222
63 GTS SECURITIES LLC 0.16% of their portfolio NEW YORK, NY 159,926159.9k $7.7m $7.7m 0.16% New
64 McAdam, LLC 0.63% of their portfolio Philadelphia, PA 159,347159.3k $7.6m $7.6m 0.63% Reduced -1.5k -1,523
65 Vident Advisory, LLC 0.23% of their portfolio Alpharetta, GA 156,785156.8k $7.5m $7.5m 0.23% First filing
66 Upper Left Wealth Management, LLC 6.56% of their portfolio TAMPA, FL 131,494131.5k $6.3m $6.3m 6.56% New
67 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 130,840130.8k $6.3m $6.3m 0.01% Added +60.7k +60,728
68 CreativeOne Wealth, LLC 0.45% of their portfolio OVERLAND PARK, KS 129,431129.4k $6.2m $6.2m 0.45% Reduced -171.9k -171,855
69 UBS Group AG 0.00% of their portfolio ZURICH, V8 124,225124.2k $6.0m $6.0m 0.00% Added +65.6k +65,604
70 MERIDIAN MANAGEMENT CO 1.89% of their portfolio LITTLE ROCK, AR 121,111121.1k $5.8m $5.8m 1.89% Added +1.2k +1,249
71 Mariner, LLC 0.02% of their portfolio Overland Park, KS 120,565120.6k $5.8m $5.8m 0.02% Added +51.8k +51,807
72 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 117,008117.0k $5.6m $5.6m 0.02% Added +18.1k +18,085
73 LexAurum Advisors, LLC 1.63% of their portfolio OVERLAND PARK, KS 116,462116.5k $5.6m $5.6m 1.63% New
74 LIBRA WEALTH LLC 3.08% of their portfolio LOS GATOS, CA 115,892115.9k $5.6m $5.6m 3.08% Reduced -130.7k -130,736
75 Advisory Alpha, LLC 0.29% of their portfolio HOLLAND, MI 115,487115.5k $5.5m $5.5m 0.29% Reduced -6.0k -5,991
76 Oakwell Private Wealth Management, LLC 2.30% of their portfolio Austin, TX 113,265113.3k $5.4m $5.4m 2.30% Reduced -1.3k -1,298
77 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 111,233111.2k $5.3m $5.3m 0.00% Reduced -13.0k -13,037
78 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 110,156110.2k $5.3m $5.3m 0.02% First filing
79 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 106,080106.1k $5.1m $5.1m 0.01% Added +21.2k +21,197
80 Independent Solutions Wealth Management, LLC 1.38% of their portfolio Williamsville, NY 104,204104.2k $5.0m $5.0m 1.38% Added +18.5k +18,477
81 Donoghue Forlines LLC 1.69% of their portfolio Boston, MA 99,21499.2k $4.8m $4.8m 1.69% New
82 CGN Advisors LLC 0.62% of their portfolio MANHATTAN, KS 96,16296.2k $4.6m $4.6m 0.62% Added +9.8k +9,764
83 PAX Financial Group, LLC 0.98% of their portfolio SAN ANTONIO, TX 89,52189.5k $4.3m $4.3m 0.98% Added +8.7k +8,738
84 COLDSTREAM CAPITAL MANAGEMENT INC 0.14% of their portfolio BELLEVUE, WA 88,74388.7k $4.3m $4.3m 0.14% Added +13.8k +13,843
85 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 87,33587.3k $4.2m $4.2m 0.02% Reduced -20.5k -20,534
86 Hendershot Investments Inc. 0.70% of their portfolio CENTREVILLE, VA 87,19987.2k $4.2m $4.2m 0.70% Added +659 +659
87 SeaCrest Wealth Management, LLC 0.52% of their portfolio PURCHASE, NY 84,19984.2k $4.0m $4.0m 0.52% Added +629 +629
88 BENJAMIN EDWARDS INC 0.94% of their portfolio Clayton, MO 82,65282.7k $4.0m $4.0m 0.94% Added +12.5k +12,524
89 MYECFO, LLC 2.72% of their portfolio La Jolla, CA 81,99082.0k $3.9m $3.9m 2.72% Added +321 +321
90 Passive Capital Management, LLC. 1.75% of their portfolio BALTIMORE, MD 81,56581.6k $3.9m $3.9m 1.75% Added +947 +947
91 Altiora Financial Group, LLC 1.80% of their portfolio LEBANON, OH 80,92180.9k $3.9m $3.9m 1.80% Reduced -77.1k -77,111
92 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 80,41880.4k $3.9m $3.9m 0.03% Added +9.4k +9,389
93 Asio Capital, LLC 1.01% of their portfolio LEXINGTON, KY 78,88678.9k $3.8m $3.8m 1.01% Added +6.6k +6,556
94 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 78,60378.6k $3.8m $3.8m 0.00% Added +12.2k +12,221
95 RKL Wealth Management LLC 0.46% of their portfolio LANCASTER, PA 78,26678.3k $3.8m $3.8m 0.46% Added +279 +279
96 BUCKINGHAM STRATEGIC WEALTH, LLC 0.05% of their portfolio CLAYTON, MO 77,73277.7k $3.7m $3.7m 0.05% Added +8.9k +8,857
97 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 75,68675.7k $3.6m $3.6m 0.01% Reduced -10.3k -10,296
98 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 74,17774.2k $3.6m $3.6m 0.02% Added +7.1k +7,148
99 Opus Capital Group, LLC 0.59% of their portfolio CINCINNATI, OH 69,38269.4k $3.3m $3.3m 0.59% Added +44.1k +44,123
100 Inspire Advisors, LLC 0.59% of their portfolio Meridian, ID 69,33269.3k $3.3m $3.3m 0.59% Reduced -34.4k -34,356