Vault-13

SCHWAB STRATEGIC TR SCHO

SHT TM US TRES · ETP · CUSIP 808524862

583 institutional holders +9 vs Q1 2023
246,552,048246.6m shares reported held*
$11.8bnreported value*
58 new 225 added 210 reduced 57 sold out net bought ≈ $1.4bn (+28.4m 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 ($5.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.95. Options: 1 managers hold calls ($1.2m notional), 1 hold puts ($139.4k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 529Q4 22: 565Q1 23: 574Q2 23: 583583Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022529
Q4 2022565
Q1 2023574
Q2 2023583

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 23Q2 23: 283 bought or addedQ2 23: 267 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022266272
Q1 2023280270
Q2 2023283267

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 0.00Q2 23 calls: $1.2mQ2 23 puts: $139.4kQ2 23P/C 0.12
Numbers
QuarterCallsPutsP/C
Q3 2022$455.0k$00.00
Q4 2022$19.3k$19.3k1.00
Q1 2023$2.1m$4.9k0.00
Q2 2023$1.2m$139.4k0.12

Biggest buyers

JPMORGAN CHASE & CO Added +23,737,781+23.7m
BANK OF AMERICA CORP /DE/ Added +2,496,969+2.5m
STATE STREET CORP New +1,550,000+1.6m
Greenline Partners, LLC Added +883,089+883.1k
Clearwater Capital Advisors, LLC New +793,113+793.1k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +612,212+612.2k
AMERIPRISE FINANCIAL INC Added +581,016+581.0k
SCS Capital Management LLC Added +364,223+364.2k
ENVESTNET ASSET MANAGEMENT INC Added +333,132+333.1k
JANE STREET GROUP, LLC New +331,647+331.6k

Biggest sellers

Edgehill Endowment Partners, LLC Sold out -1,259,008-1.3m
Alesco Advisors, LLC, An ESL Co Reduced -744,630-744.6k
COMMERCE BANK Reduced -668,145-668.1k
DAVENPORT & Co LLC Reduced -507,958-508.0k
Heartwood Wealth Advisors LLC Sold out -414,939-414.9k
Invst, LLC Sold out -407,781-407.8k
Raymond James Financial Services Advisors, Inc. Reduced -375,891-375.9k
Morningstar Investment Management LLC Reduced -234,983-235.0k
MANCHESTER FINANCIAL INC Sold out -226,801-226.8k
OSAIC HOLDINGS, INC. Reduced -151,381-151.4k

Biggest calls

CITADEL ADVISORS LLC Reduced $1.2m24.4k shares

Biggest puts

CITADEL ADVISORS LLC Added $139.4k2.9k 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 BANK OF AMERICA CORP /DE/ 0.70% of their portfolio CHARLOTTE, NC 122,466,387122.5m $5.9bn $5.9bn 0.70% Added +2.5m +2,496,969
2 JPMORGAN CHASE & CO 0.22% of their portfolio NEW YORK, NY 40,667,09940.7m $2.0bn $2.0bn 0.22% Added +23.7m +23,737,781
3 AMERIPRISE FINANCIAL INC 0.21% of their portfolio MINNEAPOLIS, MN 14,083,37914.1m $685.2m $685.2m 0.21% Added +581.0k +581,016
4 SEI INVESTMENTS CO 0.54% of their portfolio OAKS, PA 6,457,9196.5m $310.4m $310.4m 0.54% Added +17.9k +17,948
5 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 3,976,5604.0m $191.1m $191.1m 0.05% Added +612.2k +612,212
6 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 3,206,2823.2m $154.1m $154.1m 0.07% Added +333.1k +333,132
7 STIFEL FINANCIAL CORP 0.15% of their portfolio ST. LOUIS, MO 2,274,8402.3m $109.3m $109.3m 0.15% Added +31.0k +31,022
8 Morningstar Investment Management LLC 11.55% of their portfolio CHICAGO, IL 1,809,8851.8m $87.0m $87.0m 11.55% Reduced -235.0k -234,983
9 Hamilton Capital, LLC 5.52% of their portfolio COLUMBUS, OH 1,644,6231.6m $79.0m $79.0m 5.52% Added +30.7k +30,711
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,550,0001.6m $74.5m $74.5m 0.00% New
11 SCS Capital Management LLC 1.77% of their portfolio BOSTON, MA 1,501,3181.5m $72.2m $72.2m 1.77% Added +364.2k +364,223
12 Pacific Sage Partners, LLC 19.08% of their portfolio EDMONDS, WA 1,340,8091.3m $64.4m $64.4m 19.08% Reduced -14.9k -14,863
13 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,317,2181.3m $63.3m $63.3m 0.01% Reduced -26.5k -26,456
14 MERCER GLOBAL ADVISORS INC /ADV 0.22% of their portfolio DENVER, CO 1,165,0621.2m $56.0m $56.0m 0.22% Added +76.9k +76,910
15 Greenline Partners, LLC 10.09% of their portfolio NEW YORK, NY 1,042,7861.0m $54.0m $54.0m 10.09% Added +883.1k +883,089
16 MCF Advisors LLC 4.27% of their portfolio LEXINGTON, KY 983,709983.7k $47.3m $47.3m 4.27% Added +21.1k +21,067
17 Fund Evaluation Group, LLC 0.58% of their portfolio CINCINNATI, OH 969,801969.8k $6.4m $6.4m 0.58% Added +7.9k +7,905
18 BRANDYWINE OAK PRIVATE WEALTH LLC 4.77% of their portfolio Kennett Square, PA 886,035886.0k $42.6m $42.6m 4.77% Added +25.4k +25,402
19 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 873,678873.7k $42.0m $42.0m 0.03% Reduced -45.3k -45,298
20 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 863,054863.1k $41.5m $41.5m 0.09% Added +190.9k +190,941
21 Bell Investment Advisors, Inc 9.11% of their portfolio ORINDA, CA 854,343854.3k $41.1m $41.1m 9.11% Added +28.6k +28,573
22 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 850,169850.2k $40.9m $40.9m 0.03% Reduced -39.0k -39,012
23 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 819,368819.4k $39.4m $39.4m 0.01% Added +123.0k +122,971
24 Clearwater Capital Advisors, LLC 4.54% of their portfolio HOFFMAN ESTATES, IL 793,113793.1k $38.1m $38.1m 4.54% New
25 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 780,423780.4k $37.5m $37.5m 0.07% Reduced -151.4k -151,381
26 Bangor Savings Bank 4.03% of their portfolio BANGOR, ME 740,008740.0k $35.6m $35.6m 4.03% Added +19.6k +19,614
27 Evensky & Katz LLC 2.65% of their portfolio CORAL GABLES, FL 727,322727.3k $35.0m $35.0m 2.65% Added +118.5k +118,463
28 FLC Capital Advisors 10.04% of their portfolio PALM DESERT, CA 713,899713.9k $34.3m $34.3m 10.04% Added +38.6k +38,620
29 UBS Group AG 0.01% of their portfolio ZURICH, V8 684,063684.1k $32.9m $32.9m 0.01% Added +113.5k +113,530
30 Traverso Chambers Private Wealth Management, LLC 7.78% of their portfolio SANTA ROSA, CA 616,548616.5k $29.6m $29.6m 7.78% Added +28.8k +28,784
31 United Capital Management of KS, Inc. 8.72% of their portfolio SALINA, KS 566,358566.4k $27.2m $27.2m 8.72% Added +46.3k +46,340
32 STEPHENS GROUP ASSET MANAGEMENT, LLC 2.55% of their portfolio LITTLE ROCK, AR 541,000541.0k $26.0m $26.0m 2.55% Added +183.9k +183,888
33 DAVENPORT & Co LLC 0.19% of their portfolio RICHMOND, VA 527,831527.8k $25.4m $25.4m 0.19% Reduced -508.0k -507,958
34 High Probability Advisors, LLC 5.13% of their portfolio Pittsford, NY 497,731497.7k $23.9m $23.9m 5.13% Added +35.5k +35,486
35 Passive Capital Management, LLC. 10.13% of their portfolio BALTIMORE, MD 496,178496.2k $23.8m $23.8m 10.13% Added +57.5k +57,515
36 Apella Capital, LLC 1.69% of their portfolio WEST HARTFORD, CT 494,996495.0k $23.8m $23.8m 1.69% First filing
37 COMMERCE BANK 0.17% of their portfolio KANSAS CITY, MO 486,345486.3k $23.4m $23.4m 0.17% Reduced -668.1k -668,145
38 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 481,578481.6k $23.1m $23.1m 0.04% Reduced -375.9k -375,891
39 CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio RALEIGH, NC 446,814446.8k $21.5m $21.5m 0.08% Added +33.9k +33,885
40 Altiora Financial Group, LLC 9.34% of their portfolio LEBANON, OH 442,282442.3k $21.3m $21.3m 9.34% Added +2.8k +2,779
41 LEAVELL INVESTMENT MANAGEMENT, INC. 1.23% of their portfolio MOBILE, AL 376,676376.7k $18.1m $18.1m 1.23% Reduced -11.1k -11,132
42 West Coast Financial LLC 2.45% of their portfolio SANTA BARBARA, CA 360,680360.7k $17.3m $17.3m 2.45% Added +4.2k +4,181
43 Wealthfront Advisers LLC 0.07% of their portfolio Palo Alto, CA 352,863352.9k $17.0m $17.0m 0.07% Added +330.8k +330,831
44 Courage Miller Partners, LLC 6.85% of their portfolio NORFOLK, VA 342,170342.2k $16.4m $16.4m 6.85% Added +510 +510
45 Avidian Wealth Enterprises, LLC 1.08% of their portfolio Houston, TX 341,632341.6k $16.4m $16.4m 1.08% Added +20.4k +20,411
46 Northeast Financial Group, Inc. 10.47% of their portfolio Allentown, PA 339,823339.8k $16.3m $16.3m 10.47% Added +54.7k +54,686
47 Roundview Capital LLC 1.56% of their portfolio PRINCETON, NJ 331,762331.8k $15.9m $15.9m 1.56% Reduced -7.2k -7,181
48 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 331,647331.6k $15.9m $15.9m 0.02% New
49 Meridian Wealth Partners, LLC 3.23% of their portfolio EXTON, PA 326,978327.0k $15.7m $15.7m 3.23% Added +22.8k +22,781
50 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 321,116321.1k $15.4m $15.4m 0.02% Reduced -69.3k -69,271
51 Marotta Asset Management 3.38% of their portfolio CHARLOTTESVILLE, VA 315,824315.8k $15.2m $15.2m 3.38% First filing
52 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 314,342314.3k $15.1m $15.1m 0.02% Reduced -68.9k -68,909
53 Bouchey Financial Group, Ltd. 1.82% of their portfolio TROY, NY 312,268312.3k $15.0m $15.0m 1.82% Added +3.4k +3,434
54 LVW Advisors, LLC 3.03% of their portfolio PITTSFORD, NY 311,955312.0k $15.0m $15.0m 3.03% Added +15.5k +15,520
55 Avior Wealth Management, LLC 0.97% of their portfolio OMAHA, NE 309,406309.4k $14.9m $14.9m 0.97% Added +10.9k +10,924
56 First National Trust Co 0.69% of their portfolio Johnstown, PA 309,090309.1k $14.9m $14.9m 0.69% Added +22.7k +22,669
57 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 301,374301.4k $14.5m $14.5m 0.00% Added +7.6k +7,591
58 AlphaStar Capital Management, LLC 1.58% of their portfolio CORNELIUS, NC 291,061291.1k $14.0m $14.0m 1.58% Added +7.8k +7,777
59 CreativeOne Wealth, LLC 0.35% of their portfolio OVERLAND PARK, KS 289,266289.3k $14.1m $14.1m 0.35% Added +147.4k +147,436
60 Compass Ion Advisors, LLC 3.46% of their portfolio CONSHOHOCKEN, PA 283,600283.6k $13.6m $13.6m 3.46% Reduced -16.3k -16,325
61 DEBUSSY CAPITAL MANAGEMENT LP 3.86% of their portfolio CHICAGO, IL 260,493260.5k $12.5m $12.5m 3.86% Reduced -13.8k -13,793
62 Robinswood Financial LLC 5.66% of their portfolio KIRKLAND, WA 253,812253.8k $12.2m $12.2m 5.66% First filing
63 World Investment Advisors 2.32% of their portfolio LINCROFT, NJ 249,152249.2k $12.0m $12.0m 2.32% Reduced -14.8k -14,751
64 MassMutual Private Wealth & Trust, FSB 0.43% of their portfolio Windsor, CT 248,696248.7k $12.0m $12.0m 0.43% Added +8.2k +8,159
65 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 243,120243.1k $11.7m $11.7m 0.00% Added +75.6k +75,601
66 Mason & Associates Inc 3.45% of their portfolio LOS ANGELES, CA 242,917242.9k $11.7m $11.7m 3.45% Reduced -14.8k -14,818
67 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 236,779236.8k $11.4m $11.4m 0.02% Added +75.6k +75,601
68 Alesco Advisors, LLC, An ESL Co 0.41% of their portfolio Pittsford, NY 235,026235.0k $11.3m $11.3m 0.41% Reduced -744.6k -744,630
69 Blume Capital Management, Inc. 3.28% of their portfolio BERKELEY, CA 231,350231.3k $11.1m $11.1m 3.28% Added +5.8k +5,845
70 Charles Schwab Trust Co 1.34% of their portfolio HENDERSON, NV 229,497229.5k $11.1m $11.1m 1.34% Added +9.7k +9,692
71 ASSET PLANNING CORPORATION 7.90% of their portfolio KNOXVILLE, TN 216,187216.2k $10.4m $10.4m 7.90% Added +4.0k +3,990
72 Atria Wealth Solutions, Inc. 0.14% of their portfolio NEW YORK, NY 215,099215.1k $10.3m $10.3m 0.14% Added +188.9k +188,940
73 Comprehensive Wealth Management, LLC 8.79% of their portfolio LYNNWOOD, WA 211,208211.2k $10.2m $10.2m 8.79% Reduced -2.7k -2,719
74 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 206,534206.5k $9.9m $9.9m 0.02% Added +5.9k +5,946
75 Abacus Planning Group, Inc. 2.38% of their portfolio COLUMBIA, SC 204,549204.5k $9.8m $9.8m 2.38% Reduced -5.5k -5,507
76 Soltis Investment Advisors LLC 1.06% of their portfolio ST. GEORGE, UT 190,344190.3k $9.1m $9.1m 1.06% Added +3.1k +3,148
77 LOWERY THOMAS, LLC 8.86% of their portfolio PEBBLE BEACH, CA 187,574187.6k $9.0m $9.0m 8.86% Added +12.4k +12,426
78 AdvisorNet Financial, Inc 0.77% of their portfolio MINNETONKA, MN 187,333187.3k $9.0m $9.0m 0.77% Added +52.6k +52,554
79 Moisand Fitzgerald Tamayo, LLC 1.82% of their portfolio ORLANDO, FL 185,628185.6k $8.9m $8.9m 1.82% Added +1.1k +1,053
80 DEAN INVESTMENT ASSOCIATES, LLC 1.44% of their portfolio BEAVERCREEK, OH 184,656184.7k $8.9m $8.9m 1.44% Added +2.3k +2,264
81 Cornerstone Wealth Advisors, Inc. 2.90% of their portfolio EDINA, MN 175,212175.2k $8.4m $8.4m 2.90% Reduced -10.0k -10,013
82 Pure Financial Advisors, LLC 0.35% of their portfolio SAN DIEGO, CA 170,729170.7k $8.2m $8.2m 0.35% Reduced -5.2k -5,213
83 HARBOUR INVESTMENTS, INC. 0.41% of their portfolio MADISON, WI 170,430170.4k $8.2m $8.2m 0.41% Reduced -2.2k -2,229
84 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 164,455164.5k $7.9m $7.9m 0.04% Reduced -4.8k -4,777
85 Mariner, LLC 0.02% of their portfolio Overland Park, KS 164,122164.1k $7.9m $7.9m 0.02% Added +252 +252
86 B. Riley Wealth Advisors, Inc. 0.18% of their portfolio MEMPHIS, TN 163,923163.9k $7.9m $7.9m 0.18% Reduced -230 -230
87 Dynamic Advisor Solutions LLC 0.39% of their portfolio PHOENIX, AZ 158,390158.4k $7.6m $7.6m 0.39% Reduced -20.9k -20,920
88 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 155,901155.9k $7.5m $7.5m 0.03% Reduced -118.3k -118,274
89 Journey Advisory Group, LLC 1.09% of their portfolio COVINGTON, KY 151,284151.3k $7.3m $7.3m 1.09% Added +47.2k +47,224
90 BALLAST ADVISORS LLC 2.66% of their portfolio WOODBURY, MN 146,719146.7k $7.1m $7.1m 2.66% Added +639 +639
91 Seneca Financial Advisors LLC 4.52% of their portfolio ROCHESTER, NY 141,692141.7k $6.8m $6.8m 4.52% Added +3.8k +3,836
92 Successful Portfolios LLC 5.68% of their portfolio CLEARWATER, FL 137,208137.2k $6.6m $6.6m 5.68% Reduced -38.6k -38,581
93 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 134,619134.6k $6.5m $6.5m 0.05% Reduced -12.0k -11,963
94 Peterson Wealth Advisors, LLC 1.68% of their portfolio Orem, UT 133,197133.2k $6.4m $6.4m 1.68% Added +122.3k +122,314
95 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 131,302131.3k $6.3m $6.3m 0.05% Added +30.0k +30,000
96 Mid-American Wealth Advisory Group, Inc. 4.80% of their portfolio KANSAS CITY, MO 128,187128.2k $6.2m $6.2m 4.80% First filing
97 JUNCTURE WEALTH STRATEGIES, LLC 2.88% of their portfolio SCOTTSDALE, AZ 128,125128.1k $6.2m $6.2m 2.88% Added +11.6k +11,602
98 Focus Financial Network, Inc. 0.34% of their portfolio MINNEAPOLIS, MN 127,732127.7k $6.1m $6.1m 0.34% Added +12.7k +12,655
99 BlackRock Inc. 0.00% of their portfolio New York, NY 126,332126.3k $6.1m $6.1m 0.00% Added +126.3k +126,307
100 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 122,939122.9k $5.9m $5.9m 0.00% Added +1.4k +1,365