Vault-13

SCHWAB STRATEGIC TR SCHO

SHT TM US TRES · ETP · CUSIP 808524862

722 institutional holders +22 vs Q1 2026
347,357,748347.4m shares reported held*
$8.4bnreported value*
84 new 323 added 225 reduced 53 sold out net bought ≈ $667.1m (+27.6m 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.14.

Trends to Q2 2026

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: 591Q4 24: 634Q1 25: 644Q2 25: 660Q3 25: 646Q4 25: 685Q1 26: 700Q2 26: 722722Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022529
Q4 2022565
Q1 2023574
Q2 2023583
Q3 2023575
Q4 2023600
Q1 2024601
Q2 2024586
Q3 2024591
Q4 2024634
Q1 2025644
Q2 2025660
Q3 2025646
Q4 2025685
Q1 2026700
Q2 2026722

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 24: 296 bought or addedQ3 24: 263 cut or sold outQ4 24: 303 bought or addedQ4 24: 285 cut or sold outQ4 24Q1 25: 336 bought or addedQ1 25: 282 cut or sold outQ2 25: 329 bought or addedQ2 25: 289 cut or sold outQ2 25Q3 25: 339 bought or addedQ3 25: 293 cut or sold outQ4 25: 366 bought or addedQ4 25: 251 cut or sold outQ4 25Q1 26: 365 bought or addedQ1 26: 293 cut or sold outQ2 26: 407 bought or addedQ2 26: 278 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024296263
Q4 2024303285
Q1 2025336282
Q2 2025329289
Q3 2025339293
Q4 2025366251
Q1 2026365293
Q2 2026407278

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC Added +5,577,503+5.6m
ALLIANCEBERNSTEIN L.P. Added +5,535,967+5.5m
AMERIPRISE FINANCIAL INC Added +4,142,104+4.1m
BANK OF AMERICA CORP /DE/ Added +2,818,488+2.8m
LPL Financial LLC Added +2,027,374+2.0m
MCF Advisors LLC Added +1,676,213+1.7m
MML INVESTORS SERVICES, LLC Added +1,432,166+1.4m
WELLS FARGO & COMPANY/MN Added +1,269,290+1.3m
BALLAST ADVISORS LLC New +870,406+870.4k
RMR Wealth Builders Added +854,354+854.4k

Biggest sellers

STATE STREET CORP Sold out -3,100,000-3.1m
JPMORGAN CHASE & CO Reduced -2,276,845-2.3m
Blackhawk Capital Partners, LLC Sold out -1,241,367-1.2m
STIFEL FINANCIAL CORP Reduced -808,659-808.7k
AE Wealth Management LLC Reduced -577,421-577.4k
DEBUSSY CAPITAL MANAGEMENT LP Sold out -555,616-555.6k
PNC Financial Services Group, Inc. Reduced -553,153-553.2k
DIVERSIFY WEALTH MANAGEMENT, LLC Reduced -497,626-497.6k
Members Advisory Group LLC Sold out -396,056-396.1k
Kestra Investment Management, LLC Reduced -316,903-316.9k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.18% of their portfolio CHARLOTTE, NC 113,535,796113.5m $2.7bn $2.7bn 0.18% Added +2.8m +2,818,488
2 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 22,192,48922.2m $536.2m $536.2m 0.03% Reduced -2.3m -2,276,845
3 AMERIPRISE FINANCIAL INC 0.10% of their portfolio MINNEAPOLIS, MN 19,589,08919.6m $470.1m $470.1m 0.10% Added +4.1m +4,142,104
4 SEI INVESTMENTS CO 0.37% of their portfolio OAKS, PA 17,389,09917.4m $419.8m $419.8m 0.37% Added +648.1k +648,099
5 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 13,249,05713.2m $319.8m $319.8m 0.08% Added +5.6m +5,577,503
6 ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio NASHVILLE, TN 6,208,3556.2m $150.7m $150.7m 0.05% Added +5.5m +5,535,967
7 STIFEL FINANCIAL CORP 0.11% of their portfolio ST. LOUIS, MO 5,550,2455.6m $134.0m $134.0m 0.11% Reduced -808.7k -808,659
8 MCF Advisors LLC 3.82% of their portfolio LEXINGTON, KY 4,431,5844.4m $107.0m $107.0m 3.82% Added +1.7m +1,676,213
9 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 4,352,0144.4m $105.1m $105.1m 0.02% Added +2.0m +2,027,374
10 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.17% of their portfolio PLYMOUTH, MN 4,095,2594.1m $98.6m $98.6m 0.17% Added +685.9k +685,914
11 Moisand Fitzgerald Tamayo, LLC 9.62% of their portfolio ORLANDO, FL 4,082,3464.1m $98.5m $98.5m 9.62% Added +161.4k +161,415
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 3,573,7393.6m $86.3m $86.3m 0.01% Added +1.3m +1,269,290
13 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 3,551,0343.6m $85.7m $85.7m 0.04% Reduced -553.2k -553,153
14 Wealthfront Advisers LLC 0.14% of their portfolio Palo Alto, CA 2,980,3243.0m $71.9m $71.9m 0.14% Added +1.7k +1,730
15 Bangor Savings Bank 4.90% of their portfolio BANGOR, ME 2,758,5002.8m $66.6m $66.6m 4.90% Added +181.9k +181,853
16 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,562,7892.6m $61.9m $61.9m 0.01% Added +741.6k +741,619
17 Midwest Trust Co 0.69% of their portfolio Overland Park, KS 2,533,6412.5m $61.2m $61.2m 0.69% Added +687.3k +687,327
18 Merit Financial Group, LLC 0.37% of their portfolio ALPHARETTA, GA 2,442,1062.4m $59.0m $59.0m 0.37% Added +384.5k +384,453
19 FIDUCIARY FINANCIAL GROUP, LLC 6.31% of their portfolio SAN RAFAEL, CA 2,304,8882.3m $55.6m $55.6m 6.31% Added +128.1k +128,147
20 LVW Advisors, LLC 4.55% of their portfolio PITTSFORD, NY 2,182,8462.2m $52.7m $52.7m 4.55% Added +69.9k +69,861
21 TruNorth Capital Management, LLC 8.19% of their portfolio KALAMAZOO, MI 2,111,7312.1m $51.0m $51.0m 8.19% Added +147.4k +147,440
22 FLC Capital Advisors 7.38% of their portfolio PALM DESERT, CA 1,862,9111.9m $45.0m $45.0m 7.38% Added +144.1k +144,087
23 MML INVESTORS SERVICES, LLC 0.09% of their portfolio SPRINGFIELD, MA 1,850,1171.9m $44.7m $44.7m 0.09% Added +1.4m +1,432,166
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,811,8361.8m $43.7m $43.7m 0.00% Reduced -76.2k -76,233
25 High Probability Advisors, LLC 4.54% of their portfolio Pittsford, NY 1,758,8681.8m $42.5m $42.5m 4.54% Added +76.0k +76,007
26 MassMutual Private Wealth & Trust, FSB 1.06% of their portfolio Windsor, CT 1,696,4061.7m $41.0m $41.0m 1.06% Added +551.3k +551,336
27 Waverly Advisors, LLC 0.24% of their portfolio BIRMINGHAM, AL 1,682,0181.7m $40.6m $40.6m 0.24% Added +160.8k +160,776
28 RMR Wealth Builders 2.47% of their portfolio Montclair, NJ 1,650,7111.7m $39.8m $39.8m 2.47% Added +854.4k +854,354
29 DAVENPORT & Co LLC 0.20% of their portfolio RICHMOND, VA 1,644,8091.6m $39.7m $39.7m 0.20% Added +151.4k +151,358
30 Morningstar Investment Management LLC 2.41% of their portfolio CHICAGO, IL 1,613,4911.6m $39.2m $39.2m 2.41% Unchanged
31 STEPHENS GROUP ASSET MANAGEMENT, LLC 2.20% of their portfolio LITTLE ROCK, AR 1,612,6771.6m $38.9m $38.9m 2.20% Added +68.1k +68,144
32 Willis Johnson & Associates, Inc. 2.17% of their portfolio Houston, TX 1,610,6431.6m $38.9m $38.9m 2.17% Added +152.9k +152,932
33 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 1,586,5861.6m $38.3m $38.3m 0.03% Added +781.7k +781,675
34 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 1,555,6671.6m $37.6m $37.6m 0.05% Reduced -137.2k -137,165
35 MAI Capital Management 0.13% of their portfolio INDEPENDENCE, OH 1,465,0121.5m $35.4m $35.4m 0.13% Added +99.4k +99,423
36 LEAVELL INVESTMENT MANAGEMENT, INC. 1.25% of their portfolio MOBILE, AL 1,420,7251.4m $34.3m $34.3m 1.25% Added +56.3k +56,342
37 ACCESS FINANCIAL SERVICES, INC. 11.08% of their portfolio MINNEAPOLIS, MN 1,399,5211.4m $33.8m $33.8m 11.08% Added +15.7k +15,726
38 United Capital Management of KS, Inc. 3.83% of their portfolio SALINA, KS 1,208,7781.2m $29.2m $29.2m 3.83% Added +35.2k +35,237
39 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 1,186,6711.2m $28.6m $28.6m 0.04% Reduced -213.7k -213,710
40 Passive Capital Management, LLC. 8.89% of their portfolio BALTIMORE, MD 1,166,2841.2m $28.4m $28.4m 8.89% Reduced -68.1k -68,149
41 Charles Schwab Trust Co 1.53% of their portfolio HENDERSON, NV 1,139,2861.1m $27.5m $27.5m 1.53% Added +37.6k +37,603
42 MBM WEALTH CONSULTANTS, LLC 5.17% of their portfolio CHESTERFIELD, MO 1,110,5451.1m $26.8m $26.8m 5.17% Added +147.7k +147,695
43 Avior Wealth Management, LLC 0.69% of their portfolio OMAHA, NE 1,083,7191.1m $26.2m $26.2m 0.69% Added +25.5k +25,548
44 Holcombe Financial, Inc. 13.98% of their portfolio ATLANTA, GA 1,025,5611.0m $24.8m $24.8m 13.98% Reduced -4.0k -4,027
45 Galvin, Gaustad & Stein, LLC 1.72% of their portfolio Scottsdale, AZ 965,268965.3k $23.3m $23.3m 1.72% Added +78.4k +78,368
46 Alesco Advisors, LLC, An ESL Co 0.51% of their portfolio Pittsford, NY 921,015921.0k $22.2m $22.2m 0.51% Added +168.8k +168,779
47 Savant Capital, LLC 0.06% of their portfolio ROCKFORD, IL 904,197904.2k $21.9m $21.9m 0.06% Added +452.4k +452,369
48 Journey Advisory Group, LLC 1.66% of their portfolio COVINGTON, KY 900,961901.0k $21.7m $21.7m 1.66% Added +41.1k +41,069
49 Kestra Investment Management, LLC 0.42% of their portfolio AUSTIN, TX 891,421891.4k $21.5m $21.5m 0.42% Reduced -316.9k -316,903
50 BALLAST ADVISORS LLC 5.01% of their portfolio WOODBURY, MN 870,406870.4k $21.0m $21.0m 5.01% New
51 Courage Miller Partners, LLC 5.42% of their portfolio NORFOLK, VA 850,858850.9k $20.5m $20.5m 5.42% Added +30.8k +30,825
52 AdvisorNet Financial, Inc 0.93% of their portfolio MINNETONKA, MN 847,580847.6k $20.5m $20.5m 0.93% Added +67.4k +67,427
53 NOVEM GROUP 2.02% of their portfolio Rochester, NY 826,202826.2k $19.9m $19.9m 2.02% Added +35.6k +35,631
54 Black Diamond Financial, LLC 1.75% of their portfolio TOWSON, MD 821,997822.0k $19.8m $19.8m 1.75% Added +98.9k +98,896
55 BRANDYWINE OAK PRIVATE WEALTH LLC 1.48% of their portfolio Kennett Square, PA 809,728809.7k $19.5m $19.5m 1.48% Added +56.2k +56,152
56 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 806,931806.9k $19.5m $19.5m 0.01% Added +45.7k +45,736
57 KRM WEALTH MANAGEMENT L.L.C. 8.29% of their portfolio RENO, NV 780,780780.8k $18.8m $18.8m 8.29% Added +66.7k +66,692
58 Transmarket Holdings LP 13.77% of their portfolio CHICAGO, IL 777,452777.5k $18.8m $18.8m 13.77% New
59 Fund Evaluation Group, LLC 0.50% of their portfolio CINCINNATI, OH 772,924772.9k $18.7m $18.7m 0.50% Unchanged
60 BWM Planning, LLC 4.16% of their portfolio THE WOODLANDS, TX 743,052743.1k $17.9m $17.9m 4.16% Added +39.4k +39,388
61 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 701,384701.4k $16.9m $16.9m 0.02% Added +444.4k +444,380
62 Robinswood Financial LLC 4.72% of their portfolio KIRKLAND, WA 682,357682.4k $16.5m $16.5m 4.72% Added +22.4k +22,380
63 Farther Finance Advisors, LLC 0.13% of their portfolio SAN FRANCISCO, CA 677,248677.2k $16.3m $16.3m 0.13% Added +13.2k +13,233
64 Clear Retirement Advice LLC 11.07% of their portfolio SAN MATEO, CA 669,894669.9k $16.2m $16.2m 11.07% Added +71.8k +71,811
65 BARD ASSOCIATES INC 3.50% of their portfolio CHICAGO, IL 653,377653.4k $15.8m $15.8m 3.50% Added +144.5k +144,529
66 Avidian Wealth Enterprises, LLC 0.44% of their portfolio Houston, TX 652,259652.3k $15.7m $15.7m 0.44% Added +14.4k +14,425
67 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 648,706648.7k $15.7m $15.7m 0.00% Added +5.9k +5,930
68 Pure Financial Advisors, LLC 0.20% of their portfolio SAN DIEGO, CA 646,827646.8k $15.6m $15.6m 0.20% Added +18.0k +17,991
69 Inspire Investing, LLC 0.62% of their portfolio MERIDIAN, ID 628,888628.9k $15.2m $15.2m 0.62% Reduced -60.5k -60,470
70 Prairiewood Capital, LLC 3.89% of their portfolio FARGO, ND 621,511621.5k $15.0m $15.0m 3.89% Added +45.3k +45,339
71 JPL Wealth Management, LLC 2.96% of their portfolio GREENWOOD VILLAGE, CO 617,375617.4k $14.9m $14.9m 2.96% Reduced -32.9k -32,932
72 Stonebridge Financial Group, LLC 1.12% of their portfolio Wormleysburg, PA 611,439611.4k $14.8m $14.8m 1.12% Added +33.5k +33,492
73 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 602,758602.8k $14.6m $14.6m 0.02% Added +133.7k +133,672
74 Meridian Wealth Partners, LLC 1.70% of their portfolio EXTON, PA 582,657582.7k $14.1m $14.1m 1.70% Added +40.0k +40,004
75 World Investment Advisors 0.23% of their portfolio LINCROFT, NJ 568,257568.3k $13.8m $13.8m 0.23% Added +48.4k +48,372
76 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 562,000562.0k $13.6m $13.6m 0.00% Added +29.3k +29,312
77 Marotta Asset Management 2.23% of their portfolio CHARLOTTESVILLE, VA 558,418558.4k $13.4m $13.4m 2.23% Reduced -6.1k -6,064
78 Towneley Capital Management, Inc / DE 2.64% of their portfolio LAGUNA HILLS, CA 557,119557.1k $13.4m $13.4m 2.64% Added +7.9k +7,934
79 Arnold Financial Planning LLC 9.86% of their portfolio HIAWATHA, IA 547,509547.5k $13.2m $13.2m 9.86% Added +29.6k +29,557
80 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 547,077547.1k $13.2m $13.2m 0.00% New
81 CHOREO, LLC 0.14% of their portfolio ROCKFORD, IL 528,348528.3k $12.8m $12.8m 0.14% Reduced -214 -214
82 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 520,307520.3k $12.6m $12.6m 0.01% Added +30.8k +30,841
83 Westover Capital Advisors, LLC 2.03% of their portfolio WILMINGTON, DE 507,206507.2k $12.2m $12.2m 2.03% Added +3.6k +3,646
84 Blue Sky Capital Consultants Group, Inc. 5.24% of their portfolio Poway, CA 507,188507.2k $12.2m $12.2m 5.24% Reduced -88.3k -88,309
85 TRB Wealth Management, LLC 1.61% of their portfolio HOUSTON, TX 500,986501.0k $12.1m $12.1m 1.61% Added +17.2k +17,206
86 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 490,746490.7k $11.8m $11.8m 0.00% Reduced -28.5k -28,507
87 Phillip James Consulting Co. 7.88% of their portfolio PLYMOUTH, MN 488,526488.5k $11.8m $11.8m 7.88% New
88 Peterson Wealth Advisors, LLC 1.39% of their portfolio Orem, UT 487,954488.0k $11.8m $11.8m 1.39% Added +15.1k +15,066
89 L. Roy Papp & Associates, LLP 1.19% of their portfolio Phoenix, AZ 467,341467.3k $11.3m $11.3m 1.19% Reduced -5.1k -5,139
90 First National Trust Co 0.38% of their portfolio Johnstown, PA 464,458464.5k $11.2m $11.2m 0.38% Reduced -1.6k -1,565
91 SIMS INVESTMENT MANAGEMENT, LLC 3.40% of their portfolio CINCINNATI, OH 455,538455.5k $11.0m $11.0m 3.40% Added +32.9k +32,913
92 ZynergyRetirementPlanningLLC 5.88% of their portfolio RED BANK, NJ 449,104449.1k $10.8m $10.8m 5.88% Added +10.6k +10,566
93 Mutual Advisors, LLC 0.19% of their portfolio OMAHA, NE 418,587418.6k $10.1m $10.1m 0.19% Reduced -7.0k -6,975
94 BROWN WEALTH MANAGEMENT, LLC 2.21% of their portfolio NAPERVILLE, IL 409,958410.0k $9.9m $9.9m 2.21% Added +12.9k +12,930
95 Milestone Investment Advisors LLC 2.13% of their portfolio MIDDLETON, WI 407,543407.5k $9.8m $9.8m 2.13% Added +17.2k +17,245
96 DOCK STREET ASSET MANAGEMENT INC 0.89% of their portfolio PALM BEACH, FL 397,359397.4k $9.6m $9.6m 0.89% Reduced -5.7k -5,702
97 Oakwell Private Wealth Management, LLC 1.58% of their portfolio Austin, TX 394,744394.7k $9.5m $9.5m 1.58% Added +7.9k +7,860
98 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 394,300394.3k $9.5m $9.5m 0.01% Reduced -52.7k -52,691
99 Rosenberg Matthew Hamilton 1.76% of their portfolio GRAND JUNCTION, CO 391,123391.1k $9.4m $9.4m 1.76% Added +5.1k +5,119
100 Eaton Financial Holdings Company, LLC 2.56% of their portfolio Coral Springs, FL 386,620386.6k $9.3m $9.3m 2.56% Added +224.5k +224,533