Vault-13

SCHWAB STRATEGIC TR SCHO

SHT TM US TRES · ETP · CUSIP 808524862

591 institutional holders +5 vs Q2 2024
191,815,156191.8m shares reported held*
$9.2bnreported value*
51 new 245 added 215 reduced 48 sold out net bought ≈ $597.0m (+14.9m 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 ($764.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.20. Options: 2 managers hold calls ($3.6m notional), 1 hold puts ($1.5m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 529Q4 22: 565Q1 23: 574Q2 23: 583Q3 23: 575Q4 23: 600Q1 24: 601Q2 24: 586Q3 24: 591591Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022529
Q4 2022565
Q1 2023574
Q2 2023583
Q3 2023575
Q4 2023600
Q1 2024601
Q2 2024586
Q3 2024591

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 outQ1 23: 280 bought or addedQ1 23: 270 cut or sold outQ1 23Q2 23: 283 bought or addedQ2 23: 267 cut or sold outQ3 23: 260 bought or addedQ3 23: 284 cut or sold outQ3 23Q4 23: 263 bought or addedQ4 23: 291 cut or sold outQ1 24: 300 bought or addedQ1 24: 280 cut or sold outQ1 24Q2 24: 284 bought or addedQ2 24: 285 cut or sold outQ3 24: 296 bought or addedQ3 24: 263 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022266272
Q1 2023280270
Q2 2023283267
Q3 2023260284
Q4 2023263291
Q1 2024300280
Q2 2024284285
Q3 2024296263

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ4 23 calls: $1.1mQ4 23 puts: $373.1kQ4 23P/C 0.34Q1 24 calls: $660.5kQ1 24 puts: $969.0kQ1 24P/C 1.47Q2 24 calls: $2.0mQ2 24 puts: $1.6mQ2 24P/C 0.81Q3 24 calls: $3.6mQ3 24 puts: $1.5mQ3 24P/C 0.41
Numbers
QuarterCallsPutsP/C
Q4 2023$1.1m$373.1k0.34
Q1 2024$660.5k$969.0k1.47
Q2 2024$2.0m$1.6m0.81
Q3 2024$3.6m$1.5m0.41

Biggest buyers

JANE STREET GROUP, LLC New +8,652,137+8.7m
BANK OF AMERICA CORP /DE/ Added +2,807,272+2.8m
BANK OF MONTREAL /CAN/ Added +2,591,761+2.6m
AMERIPRISE FINANCIAL INC Added +1,563,052+1.6m
Morningstar Investment Management LLC Added +910,066+910.1k
MERCER GLOBAL ADVISORS INC /ADV Added +872,922+872.9k
Wealthfront Advisers LLC Added +547,067+547.1k
DIVERSIFY WEALTH MANAGEMENT, LLC Added +530,010+530.0k
WT Wealth Management Added +384,985+385.0k
Westover Capital Advisors, LLC New +358,660+358.7k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Sold out -2,850,153-2.9m
JPMORGAN CHASE & CO Reduced -739,988-740.0k
Clearwater Capital Advisors, LLC Reduced -555,816-555.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -439,433-439.4k
Thrivent Financial for Lutherans Reduced -348,948-348.9k
HighTower Advisors, LLC Reduced -281,022-281.0k
American Capital Advisory, LLC Reduced -273,371-273.4k
SCS Capital Management LLC Reduced -231,875-231.9k
FINANCIAL COUNSELORS INC Reduced -203,643-203.6k
MassMutual Private Wealth & Trust, FSB Reduced -200,013-200.0k

Biggest calls

CITADEL ADVISORS LLC Added $3.3m67.5k shares
WOLVERINE TRADING, LLC New $333.5k6.8k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $1.5m30.8k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.33% of their portfolio CHARLOTTE, NC 78,193,05578.2m $3.8bn $3.8bn 0.33% Added +2.8m +2,807,272
2 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 17,427,05817.4m $853.6m $853.6m 0.03% Reduced -740.0k -739,988
3 AMERIPRISE FINANCIAL INC 0.15% of their portfolio MINNEAPOLIS, MN 12,194,46912.2m $601.1m $601.1m 0.15% Added +1.6m +1,563,052
4 JANE STREET GROUP, LLC 0.68% of their portfolio NEW YORK, NY 8,652,1378.7m $423.8m $423.8m 0.68% New
5 SEI INVESTMENTS CO 0.49% of their portfolio OAKS, PA 7,753,5667.8m $379.8m $379.8m 0.49% Added +154.6k +154,618
6 STIFEL FINANCIAL CORP 0.15% of their portfolio ST. LOUIS, MO 2,999,0273.0m $146.9m $146.9m 0.15% Added +127.7k +127,669
7 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 2,750,6862.8m $134.7m $134.7m 0.04% Reduced -439.4k -439,433
8 BANK OF MONTREAL /CAN/ 0.06% of their portfolio TORONTO, A6 2,607,9632.6m $127.9m $127.9m 0.06% Added +2.6m +2,591,761
9 Wealthfront Advisers LLC 0.36% of their portfolio Palo Alto, CA 2,422,9082.4m $118.7m $118.7m 0.36% Added +547.1k +547,067
10 Morningstar Investment Management LLC 5.02% of their portfolio CHICAGO, IL 2,087,0742.1m $50.7m $50.7m 5.02% Added +910.1k +910,066
11 MERCER GLOBAL ADVISORS INC /ADV 0.12% of their portfolio DENVER, CO 2,078,6642.1m $50.8m $50.8m 0.12% Added +872.9k +872,922
12 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,718,6941.7m $84.2m $84.2m 0.04% Added +40.4k +40,371
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,550,0001.6m $75.9m $75.9m 0.00% Unchanged
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,342,9871.3m $65.8m $65.8m 0.00% Reduced -51.5k -51,484
15 RENAISSANCE TECHNOLOGIES LLC 0.10% of their portfolio NEW YORK, NY 1,331,4271.3m $65.2m $65.2m 0.10% Added +303.4k +303,427
16 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 1,307,7171.3m $64.1m $64.1m 0.04% Reduced -47.2k -47,160
17 MCF Advisors LLC 4.31% of their portfolio LEXINGTON, KY 1,254,4101.3m $61.4m $61.4m 4.31% Added +78.3k +78,270
18 Clearwater Capital Advisors, LLC 5.55% of their portfolio HOFFMAN ESTATES, IL 1,164,5101.2m $57.0m $57.0m 5.55% Reduced -555.8k -555,816
19 SCS Capital Management LLC 1.05% of their portfolio BOSTON, MA 1,064,6481.1m $52.1m $52.1m 1.05% Reduced -231.9k -231,875
20 West Coast Financial LLC 5.05% of their portfolio SANTA BARBARA, CA 937,222937.2k $45.9m $45.9m 5.05% Added +151.4k +151,387
21 Bangor Savings Bank 3.67% of their portfolio BANGOR, ME 796,381796.4k $39.0m $39.0m 3.67% Added +9.3k +9,289
22 Moisand Fitzgerald Tamayo, LLC 5.01% of their portfolio ORLANDO, FL 745,290745.3k $36.5m $36.5m 5.01% Added +34.0k +33,985
23 United Capital Management of KS, Inc. 7.92% of their portfolio SALINA, KS 743,358743.4k $36.4m $36.4m 7.92% Added +28.8k +28,834
24 FIDUCIARY FINANCIAL GROUP, LLC 8.16% of their portfolio SAN RAFAEL, CA 731,317731.3k $35.5m $35.5m 8.16% Added +69.5k +69,543
25 BRANDYWINE OAK PRIVATE WEALTH LLC 3.40% of their portfolio Kennett Square, PA 715,698715.7k $35.1m $35.1m 3.40% Reduced -2.7k -2,671
26 TruNorth Capital Management, LLC 9.84% of their portfolio KALAMAZOO, MI 678,242678.2k $33.2m $33.2m 9.84% Added +57.3k +57,340
27 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.07% of their portfolio PLYMOUTH, MN 651,237651.2k $31.9m $31.9m 0.07% Added +220.4k +220,411
28 FLC Capital Advisors 6.59% of their portfolio PALM DESERT, CA 582,723582.7k $28.5m $28.5m 6.59% Added +15.6k +15,617
29 High Probability Advisors, LLC 4.77% of their portfolio Pittsford, NY 571,796571.8k $28.0m $28.0m 4.77% Reduced -10.5k -10,510
30 DAVENPORT & Co LLC 0.16% of their portfolio RICHMOND, VA 565,443565.4k $27.7m $27.7m 0.16% Added +1.4k +1,355
31 DIVERSIFY WEALTH MANAGEMENT, LLC 1.29% of their portfolio SANDY, UT 551,995552.0k $13.4m $13.4m 1.29% Added +530.0k +530,010
32 Passive Capital Management, LLC. 9.43% of their portfolio BALTIMORE, MD 551,521551.5k $27.0m $27.0m 9.43% Added +1.1k +1,113
33 ASSETMARK, INC 0.08% of their portfolio CONCORD, CA 545,444545.4k $26.7m $26.7m 0.08% Added +5.8k +5,835
34 Stratos Wealth Advisors, LLC 1.19% of their portfolio BEACHWOOD, OH 530,625530.6k $26.0m $26.0m 1.19% Added +12.9k +12,924
35 FINANCIAL COUNSELORS INC 0.38% of their portfolio Overland Park, KS 528,163528.2k $25.9m $25.9m 0.38% Reduced -203.6k -203,643
36 LVW Advisors, LLC 3.31% of their portfolio PITTSFORD, NY 528,070528.1k $25.9m $25.9m 3.31% Added +24.8k +24,792
37 Busey Bank 0.82% of their portfolio URBANA, IL 513,871513.9k $25.2m $25.2m 0.82% Reduced -24.2k -24,156
38 Altiora Financial Group, LLC 5.54% of their portfolio LEBANON, OH 511,639511.6k $25.1m $25.1m 5.54% Reduced -22.9k -22,891
39 WT Wealth Management 3.94% of their portfolio SCOTTSDALE, AZ 506,722506.7k $12.3m $12.3m 3.94% Added +385.0k +384,985
40 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 490,583490.6k $24.0m $24.0m 0.01% Reduced -36.4k -36,407
41 LEAVELL INVESTMENT MANAGEMENT, INC. 1.13% of their portfolio MOBILE, AL 462,524462.5k $22.7m $22.7m 1.13% Added +38.4k +38,425
42 Apella Capital, LLC 0.91% of their portfolio WEST HARTFORD, CT 454,962455.0k $22.2m $22.2m 0.91% Reduced -6.5k -6,493
43 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 436,316436.3k $21.4m $21.4m 0.02% Added +150.2k +150,201
44 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 411,809411.8k $20.2m $20.2m 0.03% Reduced -9.1k -9,103
45 Williams Financial, LLC 12.03% of their portfolio NORTH BENNINGTON, VT 392,970393.0k $19.2m $19.2m 12.03% Added +9.9k +9,876
46 Avior Wealth Management, LLC 0.76% of their portfolio OMAHA, NE 391,978392.0k $19.2m $19.2m 0.76% Added +15.4k +15,362
47 STEPHENS GROUP ASSET MANAGEMENT, LLC 1.60% of their portfolio LITTLE ROCK, AR 391,325391.3k $19.2m $19.2m 1.60% Reduced -95.3k -95,287
48 Charles Schwab Trust Co 1.65% of their portfolio HENDERSON, NV 390,649390.6k $19.1m $19.1m 1.65% Added +62.0k +61,985
49 Fund Evaluation Group, LLC 1.05% of their portfolio CINCINNATI, OH 386,462386.5k $18.9m $18.9m 1.05% Added +253.1k +253,130
50 Towneley Capital Management, Inc / DE 4.25% of their portfolio LAGUNA HILLS, CA 383,053383.1k $18.8m $18.8m 4.25% Added +8.8k +8,756
51 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 377,817377.8k $18.5m $18.5m 0.04% Added +108.2k +108,188
52 MassMutual Private Wealth & Trust, FSB 0.52% of their portfolio Windsor, CT 369,293369.3k $18.1m $18.1m 0.52% Reduced -200.0k -200,013
53 Courage Miller Partners, LLC 5.98% of their portfolio NORFOLK, VA 363,279363.3k $17.8m $17.8m 5.98% Added +17.1k +17,136
54 Westover Capital Advisors, LLC 3.38% of their portfolio WILMINGTON, DE 358,660358.7k $17.6m $17.6m 3.38% New
55 World Investment Advisors 0.53% of their portfolio LINCROFT, NJ 346,995347.0k $17.0m $17.0m 0.53% Added +4.3k +4,295
56 UBS Group AG 0.00% of their portfolio ZURICH, V8 346,580346.6k $17.0m $17.0m 0.00% Added +16.7k +16,709
57 Greenline Partners, LLC 2.32% of their portfolio NEW YORK, NY 330,620330.6k $16.2m $16.2m 2.32% Added +8.6k +8,614
58 Mutual Advisors, LLC 0.23% of their portfolio OMAHA, NE 328,813328.8k $8.0m $8.0m 0.23% Added +172.6k +172,578
59 First National Trust Co 0.58% of their portfolio Johnstown, PA 305,565305.6k $15.0m $15.0m 0.58% Added +18.2k +18,216
60 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 298,330298.3k $14.6m $14.6m 0.01% Added +14.4k +14,430
61 Robinswood Financial LLC 5.38% of their portfolio KIRKLAND, WA 295,367295.4k $14.5m $14.5m 5.38% Reduced -2.6k -2,579
62 Resonant Capital Advisors, LLC 1.06% of their portfolio Madison, WI 294,818294.8k $14.4m $14.4m 1.06% Added +37.7k +37,734
63 NISA INVESTMENT ADVISORS, LLC 0.08% of their portfolio ST. LOUIS, MO 290,000290.0k $14.2m $14.2m 0.08% New
64 Marotta Asset Management 2.76% of their portfolio CHARLOTTESVILLE, VA 287,288287.3k $14.1m $14.1m 2.76% Added +1.0k +1,019
65 Pure Financial Advisors, LLC 0.32% of their portfolio SAN DIEGO, CA 273,057273.1k $13.4m $13.4m 0.32% Added +6.0k +6,032
66 Journey Advisory Group, LLC 1.57% of their portfolio COVINGTON, KY 271,689271.7k $13.1m $13.1m 1.57% Reduced -35 -35
67 BALLAST ADVISORS LLC 3.90% of their portfolio WOODBURY, MN 257,522257.5k $12.6m $12.6m 3.90% Added +6.0k +5,990
68 AlphaStar Capital Management, LLC 1.00% of their portfolio CORNELIUS, NC 257,478257.5k $12.6m $12.6m 1.00% Added +7.2k +7,160
69 TOWNSQUARE CAPITAL LLC 0.15% of their portfolio Lehi, UT 252,659252.7k $12.4m $12.4m 0.15% Added +21.5k +21,493
70 Farther Finance Advisors, LLC 0.46% of their portfolio SAN FRANCISCO, CA 252,631252.6k $12.4m $12.4m 0.46% Reduced -19.1k -19,102
71 AdvisorNet Financial, Inc 0.91% of their portfolio MINNETONKA, MN 248,478248.5k $12.2m $12.2m 0.91% Added +6.3k +6,263
72 BROWN WEALTH MANAGEMENT, LLC 4.33% of their portfolio NAPERVILLE, IL 244,768244.8k $12.0m $12.0m 4.33% Added +21.2k +21,241
73 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 244,491244.5k $12.0m $12.0m 0.01% Reduced -4.4k -4,352
74 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 235,767235.8k $11.5m $11.5m 0.00% Added +1.2k +1,207
75 Galvin, Gaustad & Stein, LLC 1.03% of their portfolio Scottsdale, AZ 235,169235.2k $11.5m $11.5m 1.03% Added +36.5k +36,483
76 Waverly Advisors, LLC 0.21% of their portfolio BIRMINGHAM, AL 230,071230.1k $11.3m $11.3m 0.21% Added +6.0k +5,966
77 Northeast Financial Group, Inc. 4.31% of their portfolio Allentown, PA 228,823228.8k $11.2m $11.2m 4.31% Reduced -143.0k -142,980
78 Main Street Group, LTD 4.36% of their portfolio GLEN ALLEN, VA 225,570225.6k $11.0m $11.0m 4.36% Added +25.8k +25,816
79 DEBUSSY CAPITAL MANAGEMENT LP 3.19% of their portfolio CHICAGO, IL 224,420224.4k $11.0m $11.0m 3.19% Reduced -29.7k -29,706
80 Carlton Hofferkamp & Jenks Wealth Management, LLC 2.05% of their portfolio THE WOODLANDS, TX 222,384222.4k $5.4m $5.4m 2.05% Added +114.9k +114,859
81 Meridian Wealth Partners, LLC 1.63% of their portfolio EXTON, PA 214,561214.6k $10.5m $10.5m 1.63% Added +22.9k +22,919
82 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 203,375203.4k $10.0m $10.0m 0.02% Reduced -25.6k -25,582
83 MBM WEALTH CONSULTANTS, LLC 3.13% of their portfolio CHESTERFIELD, MO 202,919202.9k $9.9m $9.9m 3.13% Added +51.4k +51,408
84 Mariner, LLC 0.02% of their portfolio Overland Park, KS 202,436202.4k $9.9m $9.9m 0.02% Added +5.9k +5,943
85 HARBOUR INVESTMENTS, INC. 0.30% of their portfolio MADISON, WI 200,678200.7k $9.8m $9.8m 0.30% Reduced -8.2k -8,178
86 Bouchey Financial Group, Ltd. 0.85% of their portfolio TROY, NY 195,075195.1k $9.6m $9.6m 0.85% Reduced -24.3k -24,253
87 Merit Financial Group, LLC 0.21% of their portfolio ALPHARETTA, GA 192,581192.6k $9.4m $9.4m 0.21% Added +19.8k +19,780
88 BlackRock, Inc. 0.00% of their portfolio New York, NY 190,299190.3k $9.3m $9.3m 0.00% First filing
89 Hamilton Capital, LLC 0.34% of their portfolio COLUMBUS, OH 188,506188.5k $4.6m $4.6m 0.34% Added +94.5k +94,453
90 Roundview Capital LLC 0.67% of their portfolio PRINCETON, NJ 188,431188.4k $9.2m $9.2m 0.67% Reduced -3.1k -3,051
91 Avidian Wealth Enterprises, LLC 0.42% of their portfolio Houston, TX 188,345188.3k $9.2m $9.2m 0.42% Added +2.8k +2,823
92 Evensky & Katz LLC 0.60% of their portfolio CORAL GABLES, FL 187,883187.9k $9.2m $9.2m 0.60% Reduced -13.7k -13,704
93 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 186,024186.0k $9.1m $9.1m 0.01% Reduced -196.9k -196,921
94 Alesco Advisors, LLC, An ESL Co 0.28% of their portfolio Pittsford, NY 184,594184.6k $9.0m $9.0m 0.28% Added +14.8k +14,761
95 Dakota Wealth Management 0.20% of their portfolio PALM BEACH GARDENS, FL 183,566183.6k $9.0m $9.0m 0.20% Reduced -16.4k -16,447
96 DEAN INVESTMENT ASSOCIATES, LLC 1.18% of their portfolio BEAVERCREEK, OH 177,990178.0k $8.7m $8.7m 1.18% Added +3.6k +3,644
97 Savant Capital, LLC 0.07% of their portfolio ROCKFORD, IL 171,872171.9k $8.4m $8.4m 0.07% Reduced -15.7k -15,743
98 ZynergyRetirementPlanningLLC 5.90% of their portfolio RED BANK, NJ 170,994171.0k $8.4m $8.4m 5.90% Added +21.1k +21,128
99 Peterson Wealth Advisors, LLC 1.58% of their portfolio Orem, UT 170,830170.8k $8.4m $8.4m 1.58% Added +12.9k +12,937
100 B. Riley Wealth Advisors, Inc. 0.23% of their portfolio MEMPHIS, TN 167,415167.4k $8.2m $8.2m 0.23% Reduced -2.9k -2,922