Vault-13

SCHWAB STRATEGIC TR SCHO

SHT TM US TRES · ETP · CUSIP 808524862

574 institutional holders +9 vs Q4 2022
217,011,084217.0m shares reported held*
$10.6bnreported value*
71 new 209 added 214 reduced 56 sold out net bought ≈ $2.8bn (+57.8m 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 ($10.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.79. Options: 1 managers hold calls ($2.1m notional), 1 hold puts ($4.9k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 529Q4 22: 565Q1 23: 574574Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022529
Q4 2022565
Q1 2023574

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 266 bought or addedQ4 22: 272 cut or sold outQ4 22Q1 23: 280 bought or addedQ1 23: 270 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022266272
Q1 2023280270

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 22 calls: $455.0kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $19.3kQ4 22 puts: $19.3kQ4 22P/C 1.00Q1 23 calls: $2.1mQ1 23 puts: $4.9kQ1 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$455.0k$00.00
Q4 2022$19.3k$19.3k1.00
Q1 2023$2.1m$4.9k0.00

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +51,337,702+51.3m
JPMORGAN CHASE & CO Added +6,004,237+6.0m
SCS Capital Management LLC Added +1,124,961+1.1m
AMERIPRISE FINANCIAL INC Added +687,067+687.1k
LPL Financial LLC Added +619,621+619.6k
ENVESTNET ASSET MANAGEMENT INC Added +448,417+448.4k
CAPTRUST FINANCIAL ADVISORS Added +367,801+367.8k
Morningstar Investment Management LLC Added +313,924+313.9k
Avidian Wealth Enterprises, LLC Added +266,185+266.2k
MassMutual Private Wealth & Trust, FSB New +240,537+240.5k

Biggest sellers

Mount Lucas Management LP Sold out -744,029-744.0k
COLTON GROOME FINANCIAL ADVISORS, LLC Sold out -701,340-701.3k
Tidal Investments LLC Sold out -690,087-690.1k
CARY STREET PARTNERS INVESTMENT ADVISORY LLC Reduced -417,985-418.0k
MANCHESTER FINANCIAL INC Reduced -385,558-385.6k
Compass Ion Advisors, LLC Reduced -384,003-384.0k
IFS Advisors, LLC Sold out -372,342-372.3k
Empowered Funds, LLC Sold out -318,685-318.7k
MORGAN STANLEY Reduced -315,538-315.5k
Krilogy Financial LLC Reduced -280,455-280.5k

Biggest calls

CITADEL ADVISORS LLC Added $2.1m42.4k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $4.9k100 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.67% of their portfolio CHARLOTTE, NC 119,969,418120.0m $5.9bn $5.9bn 0.67% Added +51.3m +51,337,702
2 JPMORGAN CHASE & CO 0.11% of their portfolio NEW YORK, NY 16,929,31816.9m $826.0m $826.0m 0.11% Added +6.0m +6,004,237
3 AMERIPRISE FINANCIAL INC 0.22% of their portfolio MINNEAPOLIS, MN 13,502,36313.5m $657.1m $657.1m 0.22% Added +687.1k +687,067
4 SEI INVESTMENTS CO 0.58% of their portfolio OAKS, PA 6,439,9716.4m $314.2m $314.2m 0.58% Added +128.5k +128,520
5 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 3,364,3483.4m $164.1m $164.1m 0.05% Added +53.8k +53,826
6 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 2,873,1502.9m $140.2m $140.2m 0.07% Added +448.4k +448,417
7 STIFEL FINANCIAL CORP 0.16% of their portfolio ST. LOUIS, MO 2,243,8182.2m $109.5m $109.5m 0.16% Added +234.3k +234,268
8 Morningstar Investment Management LLC 14.68% of their portfolio CHICAGO, IL 2,044,8682.0m $99.8m $99.8m 14.68% Added +313.9k +313,924
9 Hamilton Capital, LLC 5.05% of their portfolio COLUMBUS, OH 1,613,9121.6m $78.7m $78.7m 5.05% Added +21.6k +21,632
10 Pacific Sage Partners, LLC 21.28% of their portfolio EDMONDS, WA 1,355,6721.4m $66.1m $66.1m 21.28% Added +10.7k +10,712
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,343,6741.3m $65.6m $65.6m 0.01% Reduced -315.5k -315,538
12 Edgehill Endowment Partners, LLC 12.27% of their portfolio HAMDEN, CT 1,259,0081.3m $61.4m $61.4m 12.27% Reduced -75.2k -75,189
13 COMMERCE BANK 0.44% of their portfolio KANSAS CITY, MO 1,154,4901.2m $56.3m $56.3m 0.44% Added +25.3k +25,307
14 SCS Capital Management LLC 1.63% of their portfolio BOSTON, MA 1,137,0951.1m $55.5m $55.5m 1.63% Added +1.1m +1,124,961
15 MERCER GLOBAL ADVISORS INC /ADV 0.24% of their portfolio DENVER, CO 1,088,1521.1m $53.1m $53.1m 0.24% Added +214.1k +214,128
16 DAVENPORT & Co LLC 0.40% of their portfolio RICHMOND, VA 1,035,7891.0m $50.5m $50.5m 0.40% Added +35.4k +35,355
17 Alesco Advisors, LLC, An ESL Co 1.76% of their portfolio Pittsford, NY 979,656979.7k $47.8m $47.8m 1.76% Added +42.1k +42,108
18 MCF Advisors LLC 4.38% of their portfolio LEXINGTON, KY 962,642962.6k $47.0m $47.0m 4.38% Added +87.2k +87,220
19 Fund Evaluation Group, LLC 0.71% of their portfolio CINCINNATI, OH 961,896961.9k $6.5m $6.5m 0.71% Reduced -49.3k -49,290
20 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 931,804931.8k $45.5m $45.5m 0.09% Added +46.1k +46,078
21 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 918,976919.0k $44.8m $44.8m 0.03% Added +619.6k +619,621
22 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 889,181889.2k $43.4m $43.4m 0.04% Added +94.8k +94,766
23 BRANDYWINE OAK PRIVATE WEALTH LLC 4.91% of their portfolio Kennett Square, PA 860,633860.6k $42.0m $42.0m 4.91% Reduced -137.9k -137,854
24 Raymond James Financial Services Advisors, Inc. 0.08% of their portfolio ST. PETERSBURG, FL 857,469857.5k $41.8m $41.8m 0.08% Added +917 +917
25 Bell Investment Advisors, Inc 9.43% of their portfolio ORINDA, CA 825,770825.8k $40.3m $40.3m 9.43% Added +66.1k +66,112
26 Bangor Savings Bank 4.15% of their portfolio BANGOR, ME 720,394720.4k $35.1m $35.1m 4.15% Added +5.7k +5,739
27 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 696,397696.4k $34.0m $34.0m 0.01% Added +25.8k +25,831
28 FLC Capital Advisors 10.08% of their portfolio PALM DESERT, CA 675,279675.3k $32.9m $32.9m 10.08% Reduced -8.7k -8,652
29 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 672,113672.1k $32.8m $32.8m 0.08% Reduced -151.0k -151,033
30 Evensky & Katz LLC 2.40% of their portfolio CORAL GABLES, FL 608,859608.9k $29.7m $29.7m 2.40% Added +174.0k +173,951
31 Traverso Chambers Private Wealth Management, LLC 7.86% of their portfolio SANTA ROSA, CA 587,764587.8k $28.7m $28.7m 7.86% Added +2.5k +2,485
32 UBS Group AG 0.01% of their portfolio ZURICH, V8 570,533570.5k $27.8m $27.8m 0.01% Reduced -199.5k -199,529
33 United Capital Management of KS, Inc. 9.45% of their portfolio SALINA, KS 520,018520.0k $25.4m $25.4m 9.45% Added +40.0k +39,961
34 High Probability Advisors, LLC 5.27% of their portfolio Pittsford, NY 462,245462.2k $22.6m $22.6m 5.27% Added +31.2k +31,220
35 Altiora Financial Group, LLC 9.89% of their portfolio LEBANON, OH 439,503439.5k $21.4m $21.4m 9.89% Added +4.2k +4,155
36 Passive Capital Management, LLC. 9.34% of their portfolio BALTIMORE, MD 438,663438.7k $21.4m $21.4m 9.34% Added +10.1k +10,086
37 Heartwood Wealth Advisors LLC 3.02% of their portfolio RICHMOND, VA 414,939414.9k $20.2m $20.2m 3.02% Added +11.1k +11,133
38 CAPTRUST FINANCIAL ADVISORS 0.09% of their portfolio RALEIGH, NC 412,929412.9k $20.1m $20.1m 0.09% Added +367.8k +367,801
39 Invst, LLC 3.07% of their portfolio INDIANAPOLIS, IN 407,781407.8k $19.9m $19.9m 3.07% Reduced -991 -991
40 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 390,387390.4k $19.0m $19.0m 0.03% Added +143.2k +143,182
41 LEAVELL INVESTMENT MANAGEMENT, INC. 1.35% of their portfolio MOBILE, AL 387,808387.8k $18.9m $18.9m 1.35% Added +22.0k +22,033
42 Creative Planning 0.03% of their portfolio OVERLAND PARK, KS 383,251383.3k $18.7m $18.7m 0.03% Added +80.8k +80,793
43 STEPHENS GROUP ASSET MANAGEMENT, LLC 1.89% of their portfolio LITTLE ROCK, AR 357,112357.1k $17.4m $17.4m 1.89% Added +9.3k +9,258
44 West Coast Financial LLC 2.66% of their portfolio SANTA BARBARA, CA 356,499356.5k $17.4m $17.4m 2.66% Reduced -8.3k -8,328
45 Courage Miller Partners, LLC 7.06% of their portfolio NORFOLK, VA 341,660341.7k $16.7m $16.7m 7.06% Added +8.7k +8,683
46 Roundview Capital LLC 1.73% of their portfolio PRINCETON, NJ 338,943338.9k $16.5m $16.5m 1.73% Added +39.1k +39,121
47 Avidian Wealth Enterprises, LLC 0.86% of their portfolio Houston, TX 321,221321.2k $15.7m $15.7m 0.86% Added +266.2k +266,185
48 Bouchey Financial Group, Ltd. 1.99% of their portfolio TROY, NY 308,834308.8k $15.1m $15.1m 1.99% Added +18.9k +18,851
49 Meridian Wealth Partners, LLC 3.23% of their portfolio EXTON, PA 304,197304.2k $14.8m $14.8m 3.23% Added +6.9k +6,874
50 Compass Ion Advisors, LLC 3.69% of their portfolio CONSHOHOCKEN, PA 299,925299.9k $14.6m $14.6m 3.69% Reduced -384.0k -384,003
51 Avior Wealth Management, LLC 1.00% of their portfolio OMAHA, NE 298,482298.5k $14.6m $14.6m 1.00% Added +11.6k +11,556
52 LVW Advisors, LLC 2.90% of their portfolio PITTSFORD, NY 296,435296.4k $14.5m $14.5m 2.90% Reduced -51.0k -51,036
53 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 293,783293.8k $14.3m $14.3m 0.00% Added +4.2k +4,204
54 First National Trust Co 0.74% of their portfolio Johnstown, PA 286,421286.4k $14.0m $14.0m 0.74% Added +11.7k +11,726
55 Northeast Financial Group, Inc. 10.01% of their portfolio Allentown, PA 285,137285.1k $13.9m $13.9m 10.01% Added +12.0k +11,994
56 AlphaStar Capital Management, LLC 1.17% of their portfolio CORNELIUS, NC 283,284283.3k $13.8m $13.8m 1.17% Added +130.0k +129,956
57 DEBUSSY CAPITAL MANAGEMENT LP 4.05% of their portfolio CHICAGO, IL 274,286274.3k $13.4m $13.4m 4.05% Added +204.1k +204,105
58 ASSETMARK, INC 0.06% of their portfolio CONCORD, CA 274,175274.2k $13.4m $13.4m 0.06% Added +178.4k +178,374
59 World Investment Advisors 2.68% of their portfolio LINCROFT, NJ 263,903263.9k $12.9m $12.9m 2.68% Added +5.9k +5,862
60 Mason & Associates Inc 3.85% of their portfolio LOS ANGELES, CA 257,735257.7k $12.6m $12.6m 3.85% Reduced -8.9k -8,937
61 MassMutual Private Wealth & Trust, FSB 0.45% of their portfolio Windsor, CT 240,537240.5k $11.7m $11.7m 0.45% New
62 MANCHESTER FINANCIAL INC 3.20% of their portfolio Westlake Village, CA 226,801226.8k $11.1m $11.1m 3.20% Reduced -385.6k -385,558
63 Blume Capital Management, Inc. 3.50% of their portfolio BERKELEY, CA 225,505225.5k $11.0m $11.0m 3.50% Added +86.1k +86,056
64 Charles Schwab Trust Co 1.29% of their portfolio HENDERSON, NV 219,805219.8k $10.7m $10.7m 1.29% Added +39.4k +39,430
65 Comprehensive Wealth Management, LLC 8.60% of their portfolio LYNNWOOD, WA 213,927213.9k $10.4m $10.4m 8.60% Added +9.0k +8,966
66 ASSET PLANNING CORPORATION 8.32% of their portfolio KNOXVILLE, TN 212,197212.2k $10.4m $10.4m 8.32% Reduced -7.3k -7,275
67 Abacus Planning Group, Inc. 2.64% of their portfolio COLUMBIA, SC 210,056210.1k $10.2m $10.2m 2.64% Reduced -2.8k -2,770
68 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 200,588200.6k $9.8m $9.8m 0.02% Added +4.1k +4,073
69 HARVEST GROUP WEALTH MANAGEMENT, LLC 6.07% of their portfolio WALTHAM, MA 200,300200.3k $9.8m $9.8m 6.07% Reduced -69.5k -69,451
70 Donoghue Forlines LLC 3.47% of their portfolio Boston, MA 197,523197.5k $9.6m $9.6m 3.47% Added +87.6k +87,638
71 Soltis Investment Advisors LLC 1.16% of their portfolio ST. GEORGE, UT 187,196187.2k $9.1m $9.1m 1.16% Added +4.5k +4,458
72 Cornerstone Wealth Advisors, Inc. 3.28% of their portfolio EDINA, MN 185,225185.2k $9.0m $9.0m 3.28% Added +8.0k +7,999
73 Moisand Fitzgerald Tamayo, LLC 1.92% of their portfolio ORLANDO, FL 184,575184.6k $9.0m $9.0m 1.92% Added +12.0k +11,996
74 DEAN INVESTMENT ASSOCIATES, LLC 1.42% of their portfolio BEAVERCREEK, OH 182,392182.4k $8.9m $8.9m 1.42% Added +3.4k +3,445
75 Dynamic Advisor Solutions LLC 0.51% of their portfolio PHOENIX, AZ 179,310179.3k $8.7m $8.7m 0.51% Added +16.3k +16,294
76 Pure Financial Advisors, LLC 0.40% of their portfolio SAN DIEGO, CA 175,942175.9k $8.6m $8.6m 0.40% Reduced -9.4k -9,423
77 Successful Portfolios LLC 5.38% of their portfolio CLEARWATER, FL 175,789175.8k $8.6m $8.6m 5.38% Reduced -11.5k -11,521
78 LOWERY THOMAS, LLC 9.42% of their portfolio PEBBLE BEACH, CA 175,148175.1k $8.5m $8.5m 9.42% Added +41.0k +41,010
79 HARBOUR INVESTMENTS, INC. 0.46% of their portfolio MADISON, WI 172,659172.7k $8.4m $8.4m 0.46% Added +11.4k +11,442
80 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 169,232169.2k $8.3m $8.3m 0.06% Reduced -28.1k -28,149
81 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 167,519167.5k $8.2m $8.2m 0.00% Reduced -199.0k -199,019
82 B. Riley Wealth Advisors, Inc. 0.21% of their portfolio MEMPHIS, TN 164,153164.2k $8.0m $8.0m 0.21% Added +5.3k +5,339
83 Mariner, LLC 0.02% of their portfolio Overland Park, KS 163,870163.9k $8.0m $8.0m 0.02% Added +15.6k +15,629
84 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 161,178161.2k $7.9m $7.9m 0.02% Unchanged
85 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 160,961161.0k $7.9m $7.9m 0.04% Reduced -7.7k -7,724
86 Greenline Partners, LLC 1.49% of their portfolio NEW YORK, NY 159,697159.7k $7.8m $7.8m 1.49% Added +18.6k +18,555
87 Tradition Wealth Management, LLC 0.96% of their portfolio EDINA, MN 158,112158.1k $7.7m $7.7m 0.96% Added +7.1k +7,102
88 Allworth Financial LP 0.07% of their portfolio FOLSOM, CA 146,582146.6k $7.2m $7.2m 0.07% Reduced -26.8k -26,831
89 BALLAST ADVISORS LLC 2.84% of their portfolio WOODBURY, MN 146,080146.1k $7.1m $7.1m 2.84% Added +53.3k +53,253
90 DFPG INVESTMENTS, LLC 0.75% of their portfolio SANDY, UT 143,212143.2k $7.0m $7.0m 0.75% Added +9.7k +9,657
91 CreativeOne Wealth, LLC 0.34% of their portfolio OVERLAND PARK, KS 141,830141.8k $6.9m $6.9m 0.34% Reduced -2.0k -2,017
92 Seneca Financial Advisors LLC 4.32% of their portfolio ROCHESTER, NY 137,856137.9k $6.7m $6.7m 4.32% Reduced -33.2k -33,225
93 Financial & Tax Architects, LLC 2.19% of their portfolio ST LOUIS, MO 136,551136.6k $6.7m $6.7m 2.19% Reduced -35.4k -35,435
94 AdvisorNet Financial, Inc 0.60% of their portfolio MINNETONKA, MN 134,779134.8k $6.6m $6.6m 0.60% Added +124.2k +124,231
95 BUCKINGHAM STRATEGIC WEALTH, LLC 0.12% of their portfolio CLAYTON, MO 132,791132.8k $6.4m $6.4m 0.12% Unchanged
96 SMI Advisory Services, LLC 2.03% of their portfolio COLUMBUS, IN 125,549125.5k $6.1m $6.1m 2.03% Added +2.9k +2,886
97 ETF Store, Inc. 4.55% of their portfolio OVERLAND PARK, KS 122,185122.2k $6.0m $6.0m 4.55% Added +17.9k +17,888
98 D.B. Root & Company, LLC 2.33% of their portfolio PITTSBURGH, PA 121,576121.6k $5.9m $5.9m 2.33% Added +5.7k +5,694
99 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 121,574121.6k $5.9m $5.9m 0.01% Reduced -19.1k -19,128
100 NorthCoast Asset Management LLC 0.10% of their portfolio STAMFORD, CT 121,471121.5k $5.9m $5.9m 0.10% New