Vault-13

SCHWAB STRATEGIC TR SCHO

SHT TM US TRES · ETP · CUSIP 808524862

601 institutional holders +1 vs Q4 2023
181,668,845181.7m shares reported held*
$8.8bnreported value*
58 new 242 added 226 reduced 54 sold out net sold ≈ $2.6bn (-53.8m 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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.26. Options: 1 managers hold calls ($660.5k notional), 1 hold puts ($969.0k).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 529Q4 22: 565Q1 23: 574Q2 23: 583Q3 23: 575Q4 23: 600Q1 24: 601601Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022529
Q4 2022565
Q1 2023574
Q2 2023583
Q3 2023575
Q4 2023600
Q1 2024601

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 23Q4 23: 263 bought or addedQ4 23: 291 cut or sold outQ4 23Q1 24: 300 bought or addedQ1 24: 280 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022266272
Q1 2023280270
Q2 2023283267
Q3 2023260284
Q4 2023263291
Q1 2024300280

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ2 23 calls: $1.2mQ2 23 puts: $139.4kQ2 23P/C 0.12Q3 23 calls: $411.9kQ3 23 puts: $4.8kQ3 23P/C 0.01Q4 23 calls: $1.1mQ4 23 puts: $373.1kQ4 23P/C 0.34Q1 24 calls: $660.5kQ1 24 puts: $969.0kQ1 24P/C 1.47
Numbers
QuarterCallsPutsP/C
Q2 2023$1.2m$139.4k0.12
Q3 2023$411.9k$4.8k0.01
Q4 2023$1.1m$373.1k0.34
Q1 2024$660.5k$969.0k1.47

Biggest buyers

MORGAN STANLEY Added +1,828,323+1.8m
AMERIPRISE FINANCIAL INC Added +1,665,913+1.7m
SEI INVESTMENTS CO Added +827,234+827.2k
WELLINGTON MANAGEMENT GROUP LLP New +506,165+506.2k
Williams Financial, LLC New +382,559+382.6k
RENAISSANCE TECHNOLOGIES LLC Added +367,335+367.3k
FINANCIAL COUNSELORS INC Added +358,669+358.7k
STIFEL FINANCIAL CORP Added +352,649+352.6k
MassMutual Private Wealth & Trust, FSB Added +329,761+329.8k
Wealthfront Advisers LLC Added +291,145+291.1k

Biggest sellers

JPMORGAN CHASE & CO Reduced -53,735,730-53.7m
BANK OF AMERICA CORP /DE/ Reduced -5,458,738-5.5m
Fund Evaluation Group, LLC Reduced -596,523-596.5k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -418,134-418.1k
Morningstar Investment Management LLC Reduced -384,671-384.7k
GOLDMAN SACHS GROUP INC Reduced -230,854-230.9k
Mirae Asset Global Investments Co., Ltd. Sold out -226,080-226.1k
World Investment Advisors Sold out -225,663-225.7k
Avidian Wealth Enterprises, LLC Reduced -214,682-214.7k
Comprehensive Wealth Management, LLC Sold out -204,780-204.8k

Biggest calls

CITADEL ADVISORS LLC Reduced $660.5k13.7k shares

Biggest puts

CITADEL ADVISORS LLC Added $969.0k20.1k 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 BANK OF AMERICA CORP /DE/ 0.35% of their portfolio CHARLOTTE, NC 74,561,08874.6m $3.6bn $3.6bn 0.35% Reduced -5.5m -5,458,738
2 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 18,512,41418.5m $892.5m $892.5m 0.04% Reduced -53.7m -53,735,730
3 AMERIPRISE FINANCIAL INC 0.16% of their portfolio MINNEAPOLIS, MN 11,521,51611.5m $563.5m $563.5m 0.16% Added +1.7m +1,665,913
4 SEI INVESTMENTS CO 0.53% of their portfolio OAKS, PA 7,454,4337.5m $359.4m $359.4m 0.53% Added +827.2k +827,234
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,547,9434.5m $219.3m $219.3m 0.01% Added +1.8m +1,828,323
6 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 3,150,6953.2m $151.9m $151.9m 0.04% Reduced -418.1k -418,134
7 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 3,008,0633.0m $145.0m $145.0m 0.05% Added +172.4k +172,430
8 SCS Capital Management LLC 1.43% of their portfolio BOSTON, MA 2,788,2742.8m $134.4m $134.4m 1.43% Reduced -149.7k -149,708
9 STIFEL FINANCIAL CORP 0.15% of their portfolio ST. LOUIS, MO 2,751,7782.8m $132.7m $132.7m 0.15% Added +352.6k +352,649
10 Wealthfront Advisers LLC 0.30% of their portfolio Palo Alto, CA 1,807,4651.8m $87.1m $87.1m 0.30% Added +291.1k +291,145
11 Clearwater Capital Advisors, LLC 8.72% of their portfolio HOFFMAN ESTATES, IL 1,696,2721.7m $81.8m $81.8m 8.72% Added +82.5k +82,523
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,550,0001.6m $74.7m $74.7m 0.00% Unchanged
13 Morningstar Investment Management LLC 7.93% of their portfolio CHICAGO, IL 1,517,0771.5m $73.1m $73.1m 7.93% Reduced -384.7k -384,671
14 MERCER GLOBAL ADVISORS INC /ADV 0.19% of their portfolio DENVER, CO 1,384,8391.4m $66.8m $66.8m 0.19% Added +64.8k +64,757
15 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 1,254,8251.3m $60.5m $60.5m 0.04% Reduced -158.5k -158,454
16 Greenline Partners, LLC 10.00% of their portfolio NEW YORK, NY 1,221,4991.2m $62.7m $62.7m 10.00% Added +79.5k +79,466
17 MCF Advisors LLC 4.20% of their portfolio LEXINGTON, KY 1,124,0071.1m $54.2m $54.2m 4.20% Added +46.4k +46,379
18 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,043,9801.0m $50.3m $50.3m 0.03% Added +213.9k +213,925
19 RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio NEW YORK, NY 863,535863.5k $41.6m $41.6m 0.07% Added +367.3k +367,335
20 FINANCIAL COUNSELORS INC 0.70% of their portfolio Overland Park, KS 862,949862.9k $41.6m $41.6m 0.70% Added +358.7k +358,669
21 Bangor Savings Bank 3.80% of their portfolio BANGOR, ME 770,660770.7k $37.2m $37.2m 3.80% Added +19.1k +19,107
22 EVERMAY WEALTH MANAGEMENT LLC 5.54% of their portfolio ARLINGTON, VA 761,457761.5k $36.7m $36.7m 5.54% Added +142.7k +142,655
23 FLC Capital Advisors 8.77% of their portfolio PALM DESERT, CA 720,449720.4k $34.7m $34.7m 8.77% Reduced -3.5k -3,508
24 MassMutual Private Wealth & Trust, FSB 1.04% of their portfolio Windsor, CT 696,162696.2k $33.6m $33.6m 1.04% Added +329.8k +329,761
25 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 683,229683.2k $32.9m $32.9m 0.01% Reduced -5.2k -5,191
26 BRANDYWINE OAK PRIVATE WEALTH LLC 3.44% of their portfolio Kennett Square, PA 682,286682.3k $32.9m $32.9m 3.44% Reduced -7.1k -7,095
27 Moisand Fitzgerald Tamayo, LLC 4.73% of their portfolio ORLANDO, FL 641,775641.8k $30.9m $30.9m 4.73% Added +181.4k +181,410
28 West Coast Financial LLC 3.73% of their portfolio SANTA BARBARA, CA 637,814637.8k $30.7m $30.7m 3.73% Added +195.0k +194,989
29 United Capital Management of KS, Inc. 6.68% of their portfolio SALINA, KS 604,896604.9k $29.2m $29.2m 6.68% Added +37.1k +37,062
30 Busey Bank 1.02% of their portfolio URBANA, IL 596,588596.6k $28.8m $28.8m 1.02% Reduced -40.5k -40,520
31 DAVENPORT & Co LLC 0.17% of their portfolio RICHMOND, VA 568,609568.6k $27.4m $27.4m 0.17% Added +45.5k +45,530
32 TruNorth Capital Management, LLC 9.41% of their portfolio KALAMAZOO, MI 566,532566.5k $27.3m $27.3m 9.41% First filing
33 High Probability Advisors, LLC 4.97% of their portfolio Pittsford, NY 555,864555.9k $26.8m $26.8m 4.97% Added +48.3k +48,269
34 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 536,161536.2k $25.8m $25.8m 0.01% Added +31.4k +31,387
35 Altiora Financial Group, LLC 6.95% of their portfolio LEBANON, OH 531,258531.3k $25.6m $25.6m 6.95% Added +13.2k +13,176
36 Passive Capital Management, LLC. 9.73% of their portfolio BALTIMORE, MD 515,543515.5k $24.9m $24.9m 9.73% Added +4.7k +4,668
37 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 506,165506.2k $24.4m $24.4m 0.00% New
38 STEPHENS GROUP ASSET MANAGEMENT, LLC 2.07% of their portfolio LITTLE ROCK, AR 470,899470.9k $22.7m $22.7m 2.07% Added +7.0k +7,006
39 Apella Capital, LLC 1.12% of their portfolio WEST HARTFORD, CT 461,371461.4k $22.1m $22.1m 1.12% Reduced -10.9k -10,902
40 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 433,149433.1k $20.9m $20.9m 0.04% Reduced -50.5k -50,546
41 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 403,814403.8k $19.5m $19.5m 0.03% Added +8.1k +8,140
42 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 397,706397.7k $19.2m $19.2m 0.05% Added +12.8k +12,804
43 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 395,411395.4k $19.1m $19.1m 0.03% Added +34.8k +34,799
44 LEAVELL INVESTMENT MANAGEMENT, INC. 1.10% of their portfolio MOBILE, AL 394,336394.3k $19.0m $19.0m 1.10% Added +25.8k +25,827
45 Williams Financial, LLC 12.28% of their portfolio NORTH BENNINGTON, VT 382,559382.6k $18.4m $18.4m 12.28% New
46 LVW Advisors, LLC 3.05% of their portfolio PITTSFORD, NY 373,708373.7k $18.0m $18.0m 3.05% Added +45.1k +45,087
47 Avior Wealth Management, LLC 0.82% of their portfolio OMAHA, NE 367,689367.7k $17.7m $17.7m 0.82% Added +24.6k +24,566
48 Towneley Capital Management, Inc / DE 4.25% of their portfolio LAGUNA HILLS, CA 358,739358.7k $17.3m $17.3m 4.25% Added +7.8k +7,779
49 Courage Miller Partners, LLC 5.80% of their portfolio NORFOLK, VA 347,905347.9k $16.8m $16.8m 5.80% Added +4.0k +3,968
50 Northeast Financial Group, Inc. 7.35% of their portfolio Allentown, PA 344,583344.6k $16.6m $16.6m 7.35% Added +44.0k +44,048
51 First National Trust Co 0.65% of their portfolio Johnstown, PA 331,861331.9k $16.0m $16.0m 0.65% Added +37.9k +37,909
52 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 328,693328.7k $15.8m $15.8m 0.07% Added +26.2k +26,182
53 UBS Group AG 0.01% of their portfolio ZURICH, V8 325,122325.1k $15.7m $15.7m 0.01% Reduced -166.4k -166,425
54 Johnson Financial Group, LLC 1.96% of their portfolio Denver, CO 322,388322.4k $15.5m $15.5m 1.96% Reduced -1.8k -1,767
55 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 302,685302.7k $14.6m $14.6m 0.03% Reduced -36.0k -36,030
56 Marotta Asset Management 3.01% of their portfolio CHARLOTTESVILLE, VA 301,826301.8k $14.6m $14.6m 3.01% Added +10.8k +10,784
57 Charles Schwab Trust Co 1.36% of their portfolio HENDERSON, NV 298,771298.8k $14.4m $14.4m 1.36% Added +26.7k +26,705
58 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 296,012296.0k $14.3m $14.3m 0.01% Added +6.1k +6,109
59 Robinswood Financial LLC 6.01% of their portfolio KIRKLAND, WA 293,458293.5k $14.1m $14.1m 6.01% Added +4.9k +4,942
60 CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio RALEIGH, NC 288,177288.2k $13.9m $13.9m 0.05% Reduced -76.4k -76,437
61 Merit Financial Group, LLC 0.33% of their portfolio ALPHARETTA, GA 287,227287.2k $13.8m $13.8m 0.33% Added +231.0k +230,963
62 New York Life Investment Management LLC 0.14% of their portfolio New York, NY 281,878281.9k $13.6m $13.6m 0.14% New
63 DEBUSSY CAPITAL MANAGEMENT LP 3.70% of their portfolio CHICAGO, IL 264,687264.7k $12.7m $12.7m 3.70% Added +3.1k +3,072
64 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 261,658261.7k $12.6m $12.6m 0.01% Reduced -14.8k -14,831
65 Farther Finance Advisors, LLC 0.76% of their portfolio SAN FRANCISCO, CA 260,910260.9k $12.5m $12.5m 0.76% Added +141.7k +141,709
66 Pure Financial Advisors, LLC 0.39% of their portfolio SAN DIEGO, CA 259,601259.6k $12.5m $12.5m 0.39% Added +3.1k +3,056
67 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 259,391259.4k $12.5m $12.5m 0.03% Added +81.3k +81,323
68 AlphaStar Capital Management, LLC 1.27% of their portfolio CORNELIUS, NC 256,680256.7k $12.4m $12.4m 1.27% Added +2.1k +2,068
69 Bouchey Financial Group, Ltd. 1.21% of their portfolio TROY, NY 255,596255.6k $12.3m $12.3m 1.21% Reduced -98.1k -98,052
70 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 250,851250.9k $12.1m $12.1m 0.02% Reduced -96.0k -96,037
71 AdvisorNet Financial, Inc 1.12% of their portfolio MINNETONKA, MN 242,100242.1k $11.7m $11.7m 1.12% Added +35.2k +35,240
72 Tradition Wealth Management, LLC 1.15% of their portfolio EDINA, MN 235,463235.5k $11.4m $11.4m 1.15% Added +15.0k +15,010
73 Waverly Advisors, LLC 0.27% of their portfolio BIRMINGHAM, AL 233,556233.6k $11.3m $11.3m 0.27% Added +139.9k +139,903
74 Resonant Capital Advisors, LLC 0.96% of their portfolio Madison, WI 232,693232.7k $11.2m $11.2m 0.96% Added +47.3k +47,318
75 Journey Advisory Group, LLC 1.38% of their portfolio COVINGTON, KY 232,429232.4k $11.2m $11.2m 1.38% Added +26.6k +26,574
76 Valley Financial Group, Inc. 8.37% of their portfolio AMBLER, PA 228,038228.0k $11.0m $11.0m 8.37% Added +29.5k +29,470
77 Evensky & Katz LLC 0.75% of their portfolio CORAL GABLES, FL 220,373220.4k $10.6m $10.6m 0.75% Reduced -37.3k -37,266
78 TOWNSQUARE CAPITAL LLC 0.15% of their portfolio Lehi, UT 216,678216.7k $10.4m $10.4m 0.15% Added +91.8k +91,770
79 BROWN WEALTH MANAGEMENT, LLC 4.10% of their portfolio NAPERVILLE, IL 205,694205.7k $9.9m $9.9m 4.10% Added +82.1k +82,110
80 Dakota Wealth Management 0.25% of their portfolio PALM BEACH GARDENS, FL 203,561203.6k $9.8m $9.8m 0.25% Added +54.8k +54,791
81 American Capital Advisory, LLC 8.57% of their portfolio KETCHUM, ID 201,214201.2k $9.8m $9.8m 8.57% Reduced -89.8k -89,765
82 Roundview Capital LLC 0.77% of their portfolio PRINCETON, NJ 196,027196.0k $9.5m $9.5m 0.77% Reduced -13.4k -13,387
83 Main Street Group, LTD 4.04% of their portfolio GLEN ALLEN, VA 193,428193.4k $9.3m $9.3m 4.04% Added +11.5k +11,453
84 Galvin, Gaustad & Stein, LLC 0.85% of their portfolio Scottsdale, AZ 191,587191.6k $9.2m $9.2m 0.85% Added +20.4k +20,370
85 Mariner, LLC 0.02% of their portfolio Overland Park, KS 187,581187.6k $9.0m $9.0m 0.02% Reduced -4.8k -4,818
86 Meridian Wealth Partners, LLC 1.61% of their portfolio EXTON, PA 184,634184.6k $8.9m $8.9m 1.61% Reduced -160.0k -160,033
87 Avidian Wealth Enterprises, LLC 0.47% of their portfolio Houston, TX 183,130183.1k $8.8m $8.8m 0.47% Reduced -214.7k -214,682
88 HARBOUR INVESTMENTS, INC. 0.31% of their portfolio MADISON, WI 182,298182.3k $8.8m $8.8m 0.31% Added +8.2k +8,155
89 DEAN INVESTMENT ASSOCIATES, LLC 1.18% of their portfolio BEAVERCREEK, OH 177,948177.9k $8.6m $8.6m 1.18% Added +8.1k +8,078
90 Alesco Advisors, LLC, An ESL Co 0.28% of their portfolio Pittsford, NY 177,460177.5k $8.6m $8.6m 0.28% Reduced -1.4k -1,424
91 Redhawk Wealth Advisors, Inc. 1.36% of their portfolio MINNEAPOLIS, MN 173,192173.2k $8.3m $8.3m 1.36% New
92 B. Riley Wealth Advisors, Inc. 0.21% of their portfolio MEMPHIS, TN 163,294163.3k $7.8m $7.8m 0.21% Reduced -168 -168
93 MBM WEALTH CONSULTANTS, LLC 2.70% of their portfolio CHESTERFIELD, MO 159,010159.0k $7.7m $7.7m 2.70% Added +6.3k +6,349
94 Abacus Planning Group, Inc. 1.49% of their portfolio COLUMBIA, SC 158,429158.4k $7.6m $7.6m 1.49% Reduced -3.4k -3,379
95 Peterson Wealth Advisors, LLC 1.60% of their portfolio Orem, UT 156,167156.2k $7.5m $7.5m 1.60% Added +17.2k +17,194
96 SMI Advisory Services, LLC 2.09% of their portfolio COLUMBUS, IN 155,482155.5k $7.5m $7.5m 2.09% Reduced -8.4k -8,351
97 Dynamic Advisor Solutions LLC 0.25% of their portfolio PHOENIX, AZ 155,457155.5k $7.5m $7.5m 0.25% Reduced -54.0k -53,996
98 Focus Financial Network, Inc. 0.33% of their portfolio MINNEAPOLIS, MN 142,957143.0k $6.8m $6.8m 0.33% First filing
99 Mutual Advisors, LLC 0.21% of their portfolio OMAHA, NE 136,593136.6k $6.6m $6.6m 0.21% Added +14.0k +13,976
100 Prairiewood Capital, LLC 3.04% of their portfolio FARGO, ND 134,488134.5k $6.5m $6.5m 3.04% Added +4.9k +4,855