Vault-13

SCHWAB STRATEGIC TR SCHO

SHT TM US TRES · ETP · CUSIP 808524862

575 institutional holders -8 vs Q2 2023
209,719,920209.7m shares reported held*
$10.1bnreported value*
51 new 209 added 225 reduced 59 sold out net sold ≈ $1.8bn (-37.1m 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 ($5.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.93. Options: 1 managers hold calls ($411.9k notional), 1 hold puts ($4.8k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 529Q4 22: 565Q1 23: 574Q2 23: 583Q3 23: 575575Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022529
Q4 2022565
Q1 2023574
Q2 2023583
Q3 2023575

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 23Q3 23: 260 bought or addedQ3 23: 284 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022266272
Q1 2023280270
Q2 2023283267
Q3 2023260284

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ4 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 0.12Q3 23 calls: $411.9kQ3 23 puts: $4.8kQ3 23P/C 0.01
Numbers
QuarterCallsPutsP/C
Q4 2022$19.3k$19.3k1.00
Q1 2023$2.1m$4.9k0.00
Q2 2023$1.2m$139.4k0.12
Q3 2023$411.9k$4.8k0.01

Biggest buyers

Wealthfront Advisers LLC Added +2,060,004+2.1m
Merriman Wealth Management, LLC New +920,803+920.8k
GOLDMAN SACHS GROUP INC Added +695,933+695.9k
PNC Financial Services Group, Inc. Added +548,650+548.6k
Tidal Investments LLC New +491,071+491.1k
FINANCIAL COUNSELORS INC New +463,489+463.5k
GTS SECURITIES LLC Added +377,152+377.2k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +363,959+364.0k
EVERMAY WEALTH MANAGEMENT LLC Added +329,764+329.8k
JANE STREET GROUP, LLC Added +323,403+323.4k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -38,082,497-38.1m
AMERIPRISE FINANCIAL INC Reduced -2,165,177-2.2m
Hamilton Capital, LLC Reduced -1,574,707-1.6m
Bell Investment Advisors, Inc Reduced -853,710-853.7k
OSAIC HOLDINGS, INC. Reduced -436,821-436.8k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -398,726-398.7k
Evensky & Katz LLC Reduced -308,229-308.2k
Compass Ion Advisors, LLC Sold out -283,600-283.6k
COMMERCE BANK Reduced -257,656-257.7k
JPMORGAN CHASE & CO Reduced -246,882-246.9k

Biggest calls

CITADEL ADVISORS LLC Reduced $411.9k8.6k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $4.8k100 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 BANK OF AMERICA CORP /DE/ 0.50% of their portfolio CHARLOTTE, NC 84,383,89084.4m $4.0bn $4.0bn 0.50% Reduced -38.1m -38,082,497
2 JPMORGAN CHASE & CO 0.23% of their portfolio NEW YORK, NY 40,420,21740.4m $1.9bn $1.9bn 0.23% Reduced -246.9k -246,882
3 AMERIPRISE FINANCIAL INC 0.19% of their portfolio MINNEAPOLIS, MN 11,918,20211.9m $577.5m $577.5m 0.19% Reduced -2.2m -2,165,177
4 SEI INVESTMENTS CO 0.57% of their portfolio OAKS, PA 6,669,0276.7m $319.4m $319.4m 0.57% Added +211.1k +211,108
5 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 3,577,8343.6m $171.3m $171.3m 0.05% Reduced -398.7k -398,726
6 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 2,990,4673.0m $143.2m $143.2m 0.07% Reduced -215.8k -215,815
7 Wealthfront Advisers LLC 0.50% of their portfolio Palo Alto, CA 2,412,8672.4m $115.6m $115.6m 0.50% Added +2.1m +2,060,004
8 STIFEL FINANCIAL CORP 0.16% of their portfolio ST. LOUIS, MO 2,312,2422.3m $110.7m $110.7m 0.16% Added +37.4k +37,402
9 Morningstar Investment Management LLC 13.59% of their portfolio CHICAGO, IL 2,068,5332.1m $99.1m $99.1m 13.59% Added +258.6k +258,648
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,550,0001.6m $74.2m $74.2m 0.00% Unchanged
11 SCS Capital Management LLC 1.90% of their portfolio BOSTON, MA 1,489,1431.5m $71.3m $71.3m 1.90% Reduced -12.2k -12,175
12 PNC Financial Services Group, Inc. 0.06% of their portfolio Pittsburgh, PA 1,398,8191.4m $67.0m $67.0m 0.06% Added +548.6k +548,650
13 Pacific Sage Partners, LLC 19.43% of their portfolio EDMONDS, WA 1,348,8671.3m $64.6m $64.6m 19.43% Added +8.1k +8,058
14 MERCER GLOBAL ADVISORS INC /ADV 0.22% of their portfolio DENVER, CO 1,193,0851.2m $57.1m $57.1m 0.22% Added +28.0k +28,023
15 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,183,5941.2m $56.7m $56.7m 0.01% Reduced -133.6k -133,624
16 Greenline Partners, LLC 10.63% of their portfolio NEW YORK, NY 1,125,6301.1m $56.4m $56.4m 10.63% Added +82.8k +82,844
17 MCF Advisors LLC 4.56% of their portfolio LEXINGTON, KY 1,055,9111.1m $50.6m $50.6m 4.56% Added +72.2k +72,202
18 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 939,053939.1k $45.0m $45.0m 0.01% Added +695.9k +695,933
19 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 935,715935.7k $44.8m $44.8m 0.03% Added +62.0k +62,037
20 Merriman Wealth Management, LLC 2.28% of their portfolio SEATTLE, WA 920,803920.8k $44.1m $44.1m 2.28% New
21 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 841,504841.5k $40.3m $40.3m 0.01% Added +22.1k +22,136
22 Clearwater Capital Advisors, LLC 4.85% of their portfolio HOFFMAN ESTATES, IL 826,636826.6k $39.6m $39.6m 4.85% Added +33.5k +33,523
23 STEPHENS GROUP ASSET MANAGEMENT, LLC 4.02% of their portfolio LITTLE ROCK, AR 779,220779.2k $37.3m $37.3m 4.02% Added +238.2k +238,220
24 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 765,360765.4k $36.6m $36.6m 0.09% Reduced -97.7k -97,694
25 Bangor Savings Bank 4.17% of their portfolio BANGOR, ME 731,788731.8k $35.0m $35.0m 4.17% Reduced -8.2k -8,220
26 Fund Evaluation Group, LLC 3.11% of their portfolio CINCINNATI, OH 729,855729.9k $35.0m $35.0m 3.11% Reduced -239.9k -239,946
27 FLC Capital Advisors 10.28% of their portfolio PALM DESERT, CA 708,178708.2k $33.9m $33.9m 10.28% Reduced -5.7k -5,721
28 BRANDYWINE OAK PRIVATE WEALTH LLC 3.95% of their portfolio Kennett Square, PA 693,434693.4k $33.2m $33.2m 3.95% Reduced -192.6k -192,601
29 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 655,050655.0k $31.4m $31.4m 0.05% Added +323.4k +323,403
30 Traverso Chambers Private Wealth Management, LLC 8.06% of their portfolio SANTA ROSA, CA 629,147629.1k $30.1m $30.1m 8.06% Added +12.6k +12,599
31 United Capital Management of KS, Inc. 9.61% of their portfolio SALINA, KS 589,658589.7k $28.2m $28.2m 9.61% Added +23.3k +23,300
32 DAVENPORT & Co LLC 0.20% of their portfolio RICHMOND, VA 531,222531.2k $25.4m $25.4m 0.20% Added +3.4k +3,391
33 High Probability Advisors, LLC 5.46% of their portfolio Pittsford, NY 529,300529.3k $25.3m $25.3m 5.46% Added +31.6k +31,569
34 Passive Capital Management, LLC. 10.69% of their portfolio BALTIMORE, MD 499,043499.0k $23.9m $23.9m 10.69% Added +2.9k +2,865
35 Tidal Investments LLC 0.72% of their portfolio Milwaukee, WI 491,071491.1k $23.5m $23.5m 0.72% New
36 Apella Capital, LLC 1.62% of their portfolio WEST HARTFORD, CT 479,603479.6k $23.0m $23.0m 1.62% Reduced -15.4k -15,393
37 FINANCIAL COUNSELORS INC 0.44% of their portfolio Overland Park, KS 463,489463.5k $22.2m $22.2m 0.44% New
38 CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio RALEIGH, NC 463,196463.2k $22.2m $22.2m 0.08% Added +16.4k +16,382
39 UBS Group AG 0.01% of their portfolio ZURICH, V8 460,296460.3k $22.0m $22.0m 0.01% Reduced -223.8k -223,767
40 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 423,837423.8k $20.3m $20.3m 0.04% Reduced -57.7k -57,741
41 Evensky & Katz LLC 1.71% of their portfolio CORAL GABLES, FL 419,093419.1k $20.1m $20.1m 1.71% Reduced -308.2k -308,229
42 Altiora Financial Group, LLC 9.12% of their portfolio LEBANON, OH 410,283410.3k $19.6m $19.6m 9.12% Reduced -32.0k -31,999
43 GTS SECURITIES LLC 0.41% of their portfolio NEW YORK, NY 406,523406.5k $19.5m $19.5m 0.41% Added +377.2k +377,152
44 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 398,506398.5k $19.1m $19.1m 0.03% Added +192.0k +191,972
45 West Coast Financial LLC 2.70% of their portfolio SANTA BARBARA, CA 377,638377.6k $18.1m $18.1m 2.70% Added +17.0k +16,958
46 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 376,470376.5k $18.0m $18.0m 0.06% Added +364.0k +363,959
47 LEAVELL INVESTMENT MANAGEMENT, INC. 1.23% of their portfolio MOBILE, AL 368,072368.1k $17.6m $17.6m 1.23% Reduced -8.6k -8,604
48 Northeast Financial Group, Inc. 10.74% of their portfolio Allentown, PA 364,913364.9k $17.5m $17.5m 10.74% Added +25.1k +25,090
49 Courage Miller Partners, LLC 7.08% of their portfolio NORFOLK, VA 360,432360.4k $17.3m $17.3m 7.08% Added +18.3k +18,262
50 Avidian Wealth Enterprises, LLC 1.21% of their portfolio Houston, TX 358,352358.4k $17.2m $17.2m 1.21% Added +16.7k +16,720
51 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 355,048355.0k $17.0m $17.0m 0.01% Added +53.7k +53,674
52 MassMutual Private Wealth & Trust, FSB 0.61% of their portfolio Windsor, CT 346,759346.8k $16.6m $16.6m 0.61% Added +98.1k +98,063
53 Meridian Wealth Partners, LLC 3.44% of their portfolio EXTON, PA 344,685344.7k $16.5m $16.5m 3.44% Added +17.7k +17,707
54 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 343,602343.6k $16.5m $16.5m 0.02% Reduced -436.8k -436,821
55 Roundview Capital LLC 1.61% of their portfolio PRINCETON, NJ 334,665334.7k $16.0m $16.0m 1.61% Added +2.9k +2,903
56 EVERMAY WEALTH MANAGEMENT LLC 3.24% of their portfolio ARLINGTON, VA 330,764330.8k $15.8m $15.8m 3.24% Added +329.8k +329,764
57 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 329,981330.0k $15.8m $15.8m 0.03% Added +250.1k +250,058
58 Avior Wealth Management, LLC 1.04% of their portfolio OMAHA, NE 321,518321.5k $15.4m $15.4m 1.04% Added +12.1k +12,112
59 Marotta Asset Management 3.52% of their portfolio CHARLOTTESVILLE, VA 317,866317.9k $15.2m $15.2m 3.52% Added +2.0k +2,042
60 LVW Advisors, LLC 3.23% of their portfolio PITTSFORD, NY 315,214315.2k $15.1m $15.1m 3.23% Added +3.3k +3,259
61 Bouchey Financial Group, Ltd. 1.83% of their portfolio TROY, NY 312,452312.5k $15.0m $15.0m 1.83% Added +184 +184
62 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 298,797298.8k $14.3m $14.3m 0.03% Added +62.0k +62,018
63 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 289,852289.9k $13.9m $13.9m 0.02% Reduced -24.5k -24,490
64 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 284,656284.7k $13.6m $13.6m 0.02% Reduced -36.5k -36,460
65 DEBUSSY CAPITAL MANAGEMENT LP 4.36% of their portfolio CHICAGO, IL 278,522278.5k $13.3m $13.3m 4.36% Added +18.0k +18,029
66 First National Trust Co 0.63% of their portfolio Johnstown, PA 277,175277.2k $13.3m $13.3m 0.63% Reduced -31.9k -31,915
67 Robinswood Financial LLC 5.96% of their portfolio KIRKLAND, WA 260,897260.9k $12.5m $12.5m 5.96% Added +7.1k +7,085
68 Pure Financial Advisors, LLC 0.50% of their portfolio SAN DIEGO, CA 257,493257.5k $12.3m $12.3m 0.50% Added +86.8k +86,764
69 World Investment Advisors 2.33% of their portfolio LINCROFT, NJ 245,545245.5k $11.8m $11.8m 2.33% Reduced -3.6k -3,607
70 Charles Schwab Trust Co 1.30% of their portfolio HENDERSON, NV 240,354240.4k $11.5m $11.5m 1.30% Added +10.9k +10,857
71 AlphaStar Capital Management, LLC 1.41% of their portfolio CORNELIUS, NC 235,688235.7k $11.3m $11.3m 1.41% Reduced -55.4k -55,373
72 COMMERCE BANK 0.09% of their portfolio KANSAS CITY, MO 228,689228.7k $11.0m $11.0m 0.09% Reduced -257.7k -257,656
73 Allworth Financial LP 0.09% of their portfolio FOLSOM, CA 228,284228.3k $10.9m $10.9m 0.09% Added +93.7k +93,665
74 BlackRock Inc. 0.00% of their portfolio New York, NY 222,154222.2k $10.6m $10.6m 0.00% Added +95.8k +95,822
75 Dynamic Advisor Solutions LLC 0.48% of their portfolio PHOENIX, AZ 212,325212.3k $10.2m $10.2m 0.48% Added +53.9k +53,935
76 Abacus Planning Group, Inc. 2.46% of their portfolio COLUMBIA, SC 210,965211.0k $10.1m $10.1m 2.46% Added +6.4k +6,416
77 Comprehensive Wealth Management, LLC 9.42% of their portfolio LYNNWOOD, WA 208,987209.0k $10.0m $10.0m 9.42% Reduced -2.2k -2,221
78 ASSET PLANNING CORPORATION 7.67% of their portfolio KNOXVILLE, TN 208,249208.2k $10.0m $10.0m 7.67% Reduced -7.9k -7,938
79 AdvisorNet Financial, Inc 0.90% of their portfolio MINNETONKA, MN 207,238207.2k $9.9m $9.9m 0.90% Added +19.9k +19,905
80 Savant Capital, LLC 0.14% of their portfolio ROCKFORD, IL 198,031198.0k $9.5m $9.5m 0.14% Added +170.0k +169,957
81 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 197,225197.2k $9.4m $9.4m 0.03% Added +173.9k +173,926
82 Mason & Associates Inc 2.96% of their portfolio LOS ANGELES, CA 193,381193.4k $9.3m $9.3m 2.96% Reduced -49.5k -49,536
83 Strategic Advocates LLC 4.35% of their portfolio SACRAMENTO, CA 193,152193.2k $9.3m $9.3m 4.35% First filing
84 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 190,319190.3k $9.1m $9.1m 0.02% New
85 Journey Advisory Group, LLC 1.33% of their portfolio COVINGTON, KY 186,512186.5k $8.9m $8.9m 1.33% Added +35.2k +35,228
86 Soltis Investment Advisors LLC 1.14% of their portfolio ST. GEORGE, UT 185,277185.3k $8.9m $8.9m 1.14% Reduced -5.1k -5,067
87 Moisand Fitzgerald Tamayo, LLC 1.86% of their portfolio ORLANDO, FL 184,008184.0k $8.8m $8.8m 1.86% Reduced -1.6k -1,620
88 Alesco Advisors, LLC, An ESL Co 0.34% of their portfolio Pittsford, NY 183,111183.1k $8.8m $8.8m 0.34% Reduced -51.9k -51,915
89 DEAN INVESTMENT ASSOCIATES, LLC 1.43% of their portfolio BEAVERCREEK, OH 181,552181.6k $8.7m $8.7m 1.43% Reduced -3.1k -3,104
90 HARBOUR INVESTMENTS, INC. 0.43% of their portfolio MADISON, WI 179,043179.0k $8.6m $8.6m 0.43% Added +8.6k +8,613
91 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 171,218171.2k $8.2m $8.2m 0.07% Added +39.9k +39,916
92 Seneca Financial Advisors LLC 5.52% of their portfolio ROCHESTER, NY 168,505168.5k $8.1m $8.1m 5.52% Added +26.8k +26,813
93 Cornerstone Wealth Advisors, Inc. 2.78% of their portfolio EDINA, MN 164,550164.6k $7.9m $7.9m 2.78% Reduced -10.7k -10,662
94 LOWERY THOMAS, LLC 7.53% of their portfolio PEBBLE BEACH, CA 164,391164.4k $7.9m $7.9m 7.53% Reduced -23.2k -23,183
95 Mariner, LLC 0.02% of their portfolio Overland Park, KS 163,314163.3k $7.8m $7.8m 0.02% Reduced -808 -808
96 B. Riley Wealth Advisors, Inc. 0.21% of their portfolio MEMPHIS, TN 163,294163.3k $7.8m $7.8m 0.21% Reduced -629 -629
97 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 156,428156.4k $7.5m $7.5m 0.01% Added +83.1k +83,146
98 Blackhawk Capital Partners, LLC 5.42% of their portfolio THIENSVILLE, WI 154,857154.9k $7.4m $7.4m 5.42% Added +145.7k +145,716
99 Peterson Wealth Advisors, LLC 1.79% of their portfolio Orem, UT 139,314139.3k $6.7m $6.7m 1.79% Added +6.1k +6,117
100 SMI Advisory Services, LLC 2.43% of their portfolio COLUMBUS, IN 139,015139.0k $6.7m $6.7m 2.43% First filing