Vault-13

SCHWAB STRATEGIC TR SCHR

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

373 institutional holders -20 vs Q4 2023
141,985,266142.0m shares reported held*
$7.0bnreported value*
37 new 158 added 126 reduced 52 sold out net bought ≈ $118.4m (+2.4m 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 ($508.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.05. Options: 1 managers hold calls ($152.1k notional), 1 hold puts ($220.7k).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 332Q4 22: 357Q1 23: 371Q2 23: 365Q3 23: 370Q4 23: 393Q1 24: 373373Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022332
Q4 2022357
Q1 2023371
Q2 2023365
Q3 2023370
Q4 2023393
Q1 2024373

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 23Q4 23: 187 bought or addedQ4 23: 171 cut or sold outQ4 23Q1 24: 195 bought or addedQ1 24: 178 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022155181
Q1 2023184161
Q2 2023208148
Q3 2023204146
Q4 2023187171
Q1 2024195178

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 23 calls: $601.2kQ2 23 puts: $192.2kQ2 23P/C 0.32Q3 23 calls: $306.8kQ3 23 puts: $201.3kQ3 23P/C 0.66Q4 23 calls: $164.1kQ4 23 puts: $154.1kQ4 23P/C 0.94Q1 24 calls: $152.1kQ1 24 puts: $220.7kQ1 24P/C 1.45
Numbers
QuarterCallsPutsP/C
Q2 2023$601.2k$192.2k0.32
Q3 2023$306.8k$201.3k0.66
Q4 2023$164.1k$154.1k0.94
Q1 2024$152.1k$220.7k1.45

Biggest buyers

Charles Schwab Investment Advisory, Inc. Added +1,545,001+1.5m
ROYAL BANK OF CANADA Added +1,312,295+1.3m
Crane Advisory, LLC Added +1,030,338+1.0m
AMERIPRISE FINANCIAL INC Added +842,541+842.5k
Intelligence Driven Advisers, LLC Added +699,050+699.0k
STIFEL FINANCIAL CORP Added +665,859+665.9k
Avidian Wealth Enterprises, LLC Added +464,177+464.2k
MORGAN STANLEY Added +425,326+425.3k
Madison Asset Management, LLC Added +260,920+260.9k
Tradewinds Capital Management, LLC Added +239,955+240.0k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,025,332-1.0m
Hilton Capital Management, LLC Reduced -962,716-962.7k
True North Advisors, LLC Sold out -538,618-538.6k
OSAIC HOLDINGS, INC. Reduced -498,571-498.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -427,965-428.0k
FINANCIAL COUNSELORS INC Reduced -339,192-339.2k
MassMutual Private Wealth & Trust, FSB Reduced -299,638-299.6k
Creative Planning Reduced -295,716-295.7k
Morningstar Investment Services LLC Reduced -292,710-292.7k
GOLDMAN SACHS GROUP INC Reduced -270,456-270.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $152.1k3.1k shares

Biggest puts

CITADEL ADVISORS LLC Added $220.7k4.5k 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.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 5.46% of their portfolio SAN FRANCISCO, CA 81,034,76081.0m $4.0bn $4.0bn 5.46% Added +1.5m +1,545,001
2 ROYAL BANK OF CANADA 0.14% of their portfolio TORONTO, A6 11,629,47911.6m $570.4m $570.4m 0.14% Added +1.3m +1,312,295
3 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 4,352,5714.4m $213.5m $213.5m 0.06% Added +842.5k +842,541
4 STIFEL FINANCIAL CORP 0.20% of their portfolio ST. LOUIS, MO 3,599,3023.6m $176.5m $176.5m 0.20% Added +665.9k +665,859
5 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,647,8042.6m $129.9m $129.9m 0.01% Reduced -1.0m -1,025,332
6 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 2,312,4642.3m $113.4m $113.4m 0.02% Reduced -270.5k -270,456
7 Crane Advisory, LLC 14.66% of their portfolio FULLERTON, CA 1,491,5111.5m $72.7m $72.7m 14.66% Added +1.0m +1,030,338
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,450,0001.4m $71.1m $71.1m 0.00% Unchanged
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,399,0141.4m $68.6m $68.6m 0.00% Added +425.3k +425,326
10 Creative Planning 0.07% of their portfolio OVERLAND PARK, KS 1,288,8371.3m $63.2m $63.2m 0.07% Reduced -295.7k -295,716
11 Pacific Sage Partners, LLC 15.74% of their portfolio EDMONDS, WA 1,239,1011.2m $60.8m $60.8m 15.74% Added +6.0k +5,973
12 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.13% of their portfolio PLYMOUTH, MN 1,000,8441.0m $49.1m $49.1m 0.13% Added +37.1k +37,053
13 Intelligence Driven Advisers, LLC 7.14% of their portfolio CARLSBAD, CA 984,558984.6k $48.3m $48.3m 7.14% Added +699.0k +699,050
14 Avidian Wealth Enterprises, LLC 2.51% of their portfolio Houston, TX 956,875956.9k $46.9m $46.9m 2.51% Added +464.2k +464,177
15 Cornerstone Wealth Advisors, Inc. 13.37% of their portfolio EDINA, MN 884,987885.0k $43.4m $43.4m 13.37% Added +48.3k +48,348
16 Madison Asset Management, LLC 0.48% of their portfolio MADISON, WI 791,930791.9k $38.8m $38.8m 0.48% Added +260.9k +260,920
17 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 777,904777.9k $38.2m $38.2m 0.01% Reduced -428.0k -427,965
18 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 722,037722.0k $35.4m $35.4m 0.06% Unchanged
19 Northwest Capital Management Inc 11.14% of their portfolio Lake Oswego, OR 709,894709.9k $34.8m $34.8m 11.14% Reduced -62.6k -62,567
20 Moisand Fitzgerald Tamayo, LLC 5.23% of their portfolio ORLANDO, FL 696,828696.8k $34.2m $34.2m 5.23% Added +58.0k +58,029
21 CWM, LLC 0.17% of their portfolio OMAHA, NE 694,206694.2k $34.1m $34.1m 0.17% Reduced -72.5k -72,495
22 Resonant Capital Advisors, LLC 2.87% of their portfolio Madison, WI 684,007684.0k $33.6m $33.6m 2.87% Added +59.9k +59,856
23 Clearstead Advisors, LLC 1.48% of their portfolio CLEVELAND, OH 616,985617.0k $29.8m $29.8m 1.48% Added +109.1k +109,132
24 Busey Bank 1.05% of their portfolio URBANA, IL 602,283602.3k $29.5m $29.5m 1.05% Reduced -42.7k -42,708
25 Allworth Financial LP 0.21% of their portfolio FOLSOM, CA 599,981600.0k $29.4m $29.4m 0.21% Reduced -15.0k -14,956
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 572,224572.2k $28.1m $28.1m 0.00% Added +56.5k +56,520
27 FOSTER & MOTLEY INC 1.72% of their portfolio CINCINNATI, OH 508,010508.0k $24.9m $24.9m 1.72% Added +34.1k +34,051
28 West Coast Financial LLC 3.01% of their portfolio SANTA BARBARA, CA 506,227506.2k $24.8m $24.8m 3.01% Added +128.2k +128,243
29 FLC Capital Advisors 6.21% of their portfolio PALM DESERT, CA 501,382501.4k $24.6m $24.6m 6.21% Added +6.5k +6,494
30 Your Advocates Ltd., LLP 9.76% of their portfolio HOUSTON, TX 471,308471.3k $23.1m $23.1m 9.76% Reduced -17.9k -17,890
31 WestHill Financial Advisors, Inc. 5.63% of their portfolio San Rafael, CA 466,480466.5k $22.9m $22.9m 5.63% Added +24.2k +24,219
32 HC Advisors, LLC 10.88% of their portfolio SANDY SPRINGS, GA 465,327465.3k $22.8m $22.8m 10.88% Added +158.8k +158,778
33 Galvin, Gaustad & Stein, LLC 2.07% of their portfolio Scottsdale, AZ 458,654458.7k $22.5m $22.5m 2.07% Added +27.8k +27,837
34 First National Trust Co 0.88% of their portfolio Johnstown, PA 444,365444.4k $21.8m $21.8m 0.88% Added +66.1k +66,072
35 Bouchey Financial Group, Ltd. 2.10% of their portfolio TROY, NY 435,637435.6k $21.4m $21.4m 2.10% Added +52.9k +52,876
36 Beacon Wealthcare LLC 9.62% of their portfolio RALEIGH, NC 429,890429.9k $21.1m $21.1m 9.62% Added +51.9k +51,873
37 Greenline Partners, LLC 2.90% of their portfolio NEW YORK, NY 371,085371.1k $18.2m $18.2m 2.90% Reduced -30.7k -30,707
38 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 345,591345.6k $17.0m $17.0m 0.01% Added +53.2k +53,205
39 LAKE STREET ADVISORS GROUP, LLC 0.75% of their portfolio PORTSMOUTH, NH 326,646326.6k $16.0m $16.0m 0.75% Reduced -20.1k -20,109
40 Tradition Wealth Management, LLC 1.62% of their portfolio EDINA, MN 325,797325.8k $16.0m $16.0m 1.62% Added +26.6k +26,569
41 AlphaStar Capital Management, LLC 1.61% of their portfolio CORNELIUS, NC 320,067320.1k $15.7m $15.7m 1.61% Added +19.6k +19,606
42 BlackRock Inc. 0.00% of their portfolio New York, NY 316,713316.7k $15.5m $15.5m 0.00% Added +44.4k +44,353
43 Stokes Family Office, LLC 1.87% of their portfolio NEW ORLEANS, LA 305,107305.1k $15.0m $15.0m 1.87% Added +73.8k +73,756
44 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 304,875304.9k $15.0m $15.0m 0.00% Added +522 +522
45 Morningstar Investment Services LLC 0.15% of their portfolio CHICAGO, IL 286,153286.2k $14.1m $14.1m 0.15% Reduced -292.7k -292,710
46 DAVENPORT & Co LLC 0.09% of their portfolio RICHMOND, VA 279,410279.4k $13.7m $13.7m 0.09% Added +24.1k +24,092
47 Marshall Financial Group, LLC 3.74% of their portfolio Hunt Valley, MD 265,019265.0k $13.0m $13.0m 3.74% Added +36.4k +36,391
48 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 260,537260.5k $12.8m $12.8m 0.03% Added +202.4k +202,400
49 Sequoia Financial Advisors, LLC 0.16% of their portfolio Akron, OH 258,929258.9k $12.7m $12.7m 0.16% Added +741 +741
50 Tradewinds Capital Management, LLC 3.26% of their portfolio BELLINGHAM, WA 240,750240.8k $11.8m $11.8m 3.26% Added +240.0k +239,955
51 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 232,617232.6k $11.4m $11.4m 0.00% Added +15.0k +14,967
52 Empowered Funds, LLC 0.10% of their portfolio NEWTOWN SQUARE, PA 223,276223.3k $10.9m $10.9m 0.10% New
53 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 219,086219.1k $10.7m $10.7m 0.00% Reduced -48.6k -48,600
54 Altiora Financial Group, LLC 2.84% of their portfolio LEBANON, OH 213,511213.5k $10.5m $10.5m 2.84% Reduced -12.7k -12,747
55 GenTrust, LLC 0.62% of their portfolio MIAMI, FL 205,555205.6k $10.1m $10.1m 0.62% Reduced -1.9k -1,856
56 SWS Partners 2.99% of their portfolio COLUMBUS, OH 203,565203.6k $10.0m $10.0m 2.99% Added +4.9k +4,898
57 Mariner, LLC 0.02% of their portfolio Overland Park, KS 190,148190.1k $9.3m $9.3m 0.02% Added +21.4k +21,422
58 Morton Brown Family Wealth, LLC 3.81% of their portfolio ALLENTOWN, PA 188,225188.2k $9.2m $9.2m 3.81% Added +4.3k +4,345
59 McAdam, LLC 0.59% of their portfolio Philadelphia, PA 188,180188.2k $9.2m $9.2m 0.59% Added +19.3k +19,344
60 Kingsview Wealth Management, LLC 0.22% of their portfolio GRANTS PASS, OR 177,569177.6k $8.7m $8.7m 0.22% Reduced -2.8k -2,795
61 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 172,233172.2k $8.4m $8.4m 0.00% Added +18.3k +18,261
62 Advisory Alpha, LLC 0.34% of their portfolio HOLLAND, MI 169,393169.4k $8.3m $8.3m 0.34% Added +57.0k +57,005
63 SENTINEL PENSION ADVISORS, LLC 1.50% of their portfolio WAKEFIELD, MA 142,713142.7k $7.0m $7.0m 1.50% Added +98.9k +98,889
64 Oakwell Private Wealth Management, LLC 2.09% of their portfolio Austin, TX 139,951140.0k $6.9m $6.9m 2.09% Added +17.8k +17,817
65 Darrow Company, Inc. 4.45% of their portfolio Needham, MA 138,728138.7k $6.8m $6.8m 4.45% Added +50.9k +50,922
66 Focus Financial Network, Inc. 0.31% of their portfolio MINNEAPOLIS, MN 132,921132.9k $6.4m $6.4m 0.31% First filing
67 One Degree Advisors Inc 3.21% of their portfolio SAN DIEGO, CA 131,479131.5k $6.5m $6.5m 3.21% Reduced -297 -297
68 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 127,869127.9k $6.3m $6.3m 0.01% Added +93.9k +93,947
69 CreativeOne Wealth, LLC 0.25% of their portfolio OVERLAND PARK, KS 127,651127.7k $6.3m $6.3m 0.25% Added +2.5k +2,478
70 LIBRA WEALTH LLC 2.70% of their portfolio LOS GATOS, CA 125,435125.4k $6.2m $6.2m 2.70% Reduced -394 -394
71 EXENCIAL WEALTH ADVISORS, LLC 0.22% of their portfolio OKLAHOMA CITY, OK 122,044122.0k $6.0m $6.0m 0.22% Added +25.1k +25,084
72 Fiduciary Alliance LLC 1.02% of their portfolio GREENVILLE, SC 118,505118.5k $5.8m $5.8m 1.02% Added +32.3k +32,321
73 Independent Solutions Wealth Management, LLC 1.37% of their portfolio Williamsville, NY 117,510117.5k $5.8m $5.8m 1.37% Added +10.5k +10,505
74 LexAurum Advisors, LLC 1.35% of their portfolio OVERLAND PARK, KS 109,348109.3k $5.4m $5.4m 1.35% Reduced -11.4k -11,443
75 BUCKINGHAM STRATEGIC WEALTH, LLC 0.05% of their portfolio CLAYTON, MO 100,570100.6k $4.9m $4.9m 0.05% Added +1.8k +1,833
76 ADVOCATE GROUP LLC 0.98% of their portfolio MINNETONKA, MN 100,402100.4k $4.9m $4.9m 0.98% Added +26.1k +26,074
77 MYECFO, LLC 2.73% of their portfolio La Jolla, CA 95,08995.1k $4.7m $4.7m 2.73% Added +2.6k +2,558
78 Christensen, King & Associates Investment Services, Inc. 2.29% of their portfolio RICHLAND, WA 93,50193.5k $4.6m $4.6m 2.29% Added +1.2k +1,213
79 Heritage Wealth Management, Inc. /CA/ 4.33% of their portfolio SAN DIEGO, CA 88,83288.8k $4.4m $4.4m 4.33% Added +6.4k +6,410
80 Walkner Condon Financial Advisors LLC 0.89% of their portfolio MADISON, WI 85,60085.6k $4.2m $4.2m 0.89% Added +13.3k +13,306
81 BENJAMIN F. EDWARDS & COMPANY, INC. 0.08% of their portfolio ST. LOUIS, MO 85,23085.2k $4.2m $4.2m 0.08% Reduced -18.5k -18,457
82 GenWealth Group, Inc. 1.05% of their portfolio Maplewood, NJ 84,68084.7k $4.2m $4.2m 1.05% Added +11.7k +11,733
83 Modus Advisors, LLC 1.46% of their portfolio EXCELSIOR, MN 80,20880.2k $3.9m $3.9m 1.46% Added +6.9k +6,925
84 Passive Capital Management, LLC. 1.51% of their portfolio BALTIMORE, MD 78,90478.9k $3.9m $3.9m 1.51% Reduced -1.9k -1,856
85 Valmark Advisers, Inc. 0.07% of their portfolio AKRON, OH 78,52178.5k $3.9m $3.9m 0.07% Added +682 +682
86 Hilltop Partners LLC 1.36% of their portfolio MISHAWAKA, IN 77,47377.5k $3.8m $3.8m 1.36% Added +4.2k +4,186
87 RKL Wealth Management LLC 0.35% of their portfolio LANCASTER, PA 71,53371.5k $3.5m $3.5m 0.35% Added +798 +798
88 UBS Group AG 0.00% of their portfolio ZURICH, V8 71,39971.4k $3.5m $3.5m 0.00% Reduced -8.8k -8,822
89 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 70,23170.2k $3.4m $3.4m 0.02% Reduced -63.3k -63,284
90 Stratos Wealth Advisors, LLC 0.20% of their portfolio BEACHWOOD, OH 70,02570.0k $3.4m $3.4m 0.20% Added +16.4k +16,354
91 Upper Left Wealth Management, LLC 3.16% of their portfolio TAMPA, FL 69,46269.5k $3.4m $3.4m 3.16% Reduced -19.8k -19,802
92 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 68,18568.2k $3.3m $3.3m 0.01% Reduced -498.6k -498,571
93 Spire Wealth Management 0.06% of their portfolio MCLEAN, VA 67,72567.7k $3.3m $3.3m 0.06% Added +542 +542
94 PAX Financial Group, LLC 0.67% of their portfolio SAN ANTONIO, TX 67,64367.6k $3.3m $3.3m 0.67% Reduced -9.1k -9,075
95 WealthCare Investment Partners, LLC 1.58% of their portfolio PORTSMOUTH, RI 66,74866.7k $3.3m $3.3m 1.58% Added +5.7k +5,669
96 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 66,08466.1k $3.2m $3.2m 0.01% Added +11.3k +11,264
97 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 65,78065.8k $3.2m $3.2m 0.01% Reduced -9.9k -9,915
98 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 65,52865.5k $3.2m $3.2m 0.01% Reduced -935 -935
99 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 65,20065.2k $3.2m $3.2m 0.01% Added +2.7k +2,722
100 MERIDIAN MANAGEMENT CO 0.87% of their portfolio LITTLE ROCK, AR 65,00565.0k $3.2m $3.2m 0.87% Reduced -2.4k -2,443