Vault-13

SCHWAB STRATEGIC TR SCHP

US TIPS ETF · ETP · CUSIP 808524870

667 institutional holders +50 vs Q3 2023
165,718,386165.7m shares reported held*
$8.1bnreported value*
70 new 177 added 299 reduced 63 sold out net bought ≈ $20.9m (+10.8m 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 ($3.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.99. Options: 4 managers hold calls ($6.6m notional), 1 hold puts ($370.6k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 696Q4 22: 700Q1 23: 661Q2 23: 653Q3 23: 617Q4 23: 667667Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022696
Q4 2022700
Q1 2023661
Q2 2023653
Q3 2023617
Q4 2023667

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 264 bought or addedQ4 22: 418 cut or sold outQ4 22Q1 23: 279 bought or addedQ1 23: 360 cut or sold outQ1 23Q2 23: 288 bought or addedQ2 23: 340 cut or sold outQ2 23Q3 23: 255 bought or addedQ3 23: 360 cut or sold outQ3 23Q4 23: 247 bought or addedQ4 23: 362 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022264418
Q1 2023279360
Q2 2023288340
Q3 2023255360
Q4 2023247362

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ1 23 calls: $7.2mQ1 23 puts: $1.2mQ1 23P/C 0.16Q2 23 calls: $3.5mQ2 23 puts: $1.6mQ2 23P/C 0.45Q3 23 calls: $5.1mQ3 23 puts: $499.9kQ3 23P/C 0.10Q4 23 calls: $6.6mQ4 23 puts: $370.6kQ4 23P/C 0.06
Numbers
QuarterCallsPutsP/C
Q1 2023$7.2m$1.2m0.16
Q2 2023$3.5m$1.6m0.45
Q3 2023$5.1m$499.9k0.10
Q4 2023$6.6m$370.6k0.06

Biggest buyers

Cerity Partners LLC Added +10,251,581+10.3m
JPMORGAN CHASE & CO Added +2,734,251+2.7m
Jasper Ridge Partners, L.P. New +2,533,671+2.5m
Perella Weinberg Partners Capital Management LP New +1,974,194+2.0m
MORGAN STANLEY Added +1,377,881+1.4m
Wealthfront Advisers LLC Added +959,864+959.9k
UBS Group AG Added +838,923+838.9k
Full Sail Capital, LLC Added +547,880+547.9k
GOLDMAN SACHS GROUP INC Added +397,302+397.3k
NOTTINGHAM ADVISORS, INC. New +301,125+301.1k

Biggest sellers

EVOKE WEALTH, LLC Reduced -4,118,410-4.1m
1832 Asset Management L.P. Reduced -1,300,707-1.3m
FRANKLIN RESOURCES INC Reduced -962,718-962.7k
NinePointTwo Capital LLC Reduced -587,749-587.7k
LVW Advisors, LLC Reduced -562,158-562.2k
Almanack Investment Partners, LLC. Reduced -513,197-513.2k
AMERIPRISE FINANCIAL INC Reduced -480,789-480.8k
JANE STREET GROUP, LLC Reduced -405,797-405.8k
Strategic Financial Services, Inc. Reduced -380,171-380.2k
ASSETMARK, INC Reduced -353,589-353.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.0m95.2k shares
CITADEL ADVISORS LLC Added $1.3m25.0k shares
WOLVERINE TRADING, LLC New $292.3k5.6k shares
Cutler Group LLC / CA Added $9.0k5.8k shares

Biggest puts

CITADEL ADVISORS LLC Added $370.6k7.1k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 1.31% of their portfolio SAN FRANCISCO, CA 17,525,81517.5m $914.8m $914.8m 1.31% Added +248.0k +248,019
2 Quadratic Capital Management LLC 94.07% of their portfolio GREENWICH, CT 14,432,75314.4m $753.4m $753.4m 94.07% Added +153.7k +153,669
3 Cerity Partners LLC 0.55% of their portfolio NEW YORK, NY 13,385,97313.4m $164.4m $164.4m 0.55% Added +10.3m +10,251,581
4 Empower Advisory Group, LLC 2.52% of their portfolio Greenwood Village, CO 12,277,79212.3m $640.9m $640.9m 2.52% Reduced -247.0k -246,991
5 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 10,040,36410.0m $524.1m $524.1m 0.03% Added +2.7m +2,734,251
6 GOLDMAN SACHS GROUP INC 0.07% of their portfolio NEW YORK, NY 5,827,4075.8m $304.2m $304.2m 0.07% Added +397.3k +397,302
7 VOYA INVESTMENT MANAGEMENT LLC 0.28% of their portfolio ATLANTA, GA 5,269,5475.3m $275.1m $275.1m 0.28% Reduced -6.3k -6,263
8 SEI INVESTMENTS CO 0.44% of their portfolio OAKS, PA 5,245,0955.2m $273.8m $273.8m 0.44% Added +22.7k +22,669
9 FRANKLIN RESOURCES INC 0.11% of their portfolio San Mateo, CA 4,316,8824.3m $225.3m $225.3m 0.11% Reduced -962.7k -962,718
10 ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio NASHVILLE, TN 3,435,5393.4m $179.3m $179.3m 0.07% Added +19.5k +19,500
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,064,8683.1m $160.0m $160.0m 0.01% Added +1.4m +1,377,881
12 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 2,554,8202.6m $133.4m $133.4m 0.03% Added +101.1k +101,072
13 Alesco Advisors, LLC, An ESL Co 4.65% of their portfolio Pittsford, NY 2,540,6462.5m $132.6m $132.6m 4.65% Added +109.2k +109,195
14 Jasper Ridge Partners, L.P. 5.30% of their portfolio MENLO PARK, CA 2,533,6712.5m $132.3m $132.3m 5.30% New
15 CENTRAL TRUST Co 3.21% of their portfolio JEFFERSON CITY, MO 2,311,6012.3m $120.7m $120.7m 3.21% Added +147.7k +147,680
16 Perella Weinberg Partners Capital Management LP 8.43% of their portfolio NEW YORK, NY 1,974,1942.0m $103.1m $103.1m 8.43% New
17 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,878,0281.9m $97.7m $97.7m 0.03% Reduced -480.8k -480,789
18 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,743,3781.7m $91.0m $91.0m 0.04% Added +838.9k +838,923
19 NEPC LLC 4.34% of their portfolio Boston, MA 1,501,9001.5m $78.4m $78.4m 4.34% Added +73.7k +73,712
20 Sensible Financial Planning & Management, LLC. 16.92% of their portfolio WALTHAM, MA 1,382,0561.4m $72.1m $72.1m 16.92% Reduced -59.8k -59,826
21 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.20% of their portfolio PLYMOUTH, MN 1,337,5691.3m $69.8m $69.8m 0.20% Reduced -309.3k -309,261
22 Wealthfront Advisers LLC 0.25% of their portfolio Palo Alto, CA 1,250,5831.3m $65.3m $65.3m 0.25% Added +959.9k +959,864
23 US BANCORP \DE\ 0.09% of their portfolio MINNEAPOLIS, MN 1,208,2561.2m $63.1m $63.1m 0.09% Reduced -292.8k -292,831
24 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,200,8641.2m $62.7m $62.7m 0.03% Added +45.9k +45,899
25 Elm Partners Management LLC 5.56% of their portfolio Philadelphia, PA 1,170,9681.2m $61.1m $61.1m 5.56% Added +254.0k +254,037
26 NinePointTwo Capital LLC 23.61% of their portfolio LOS ANGELES, CA 1,138,8521.1m $59.4m $59.4m 23.61% Reduced -587.7k -587,749
27 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,121,9721.1m $58.6m $58.6m 0.00% Added +271.7k +271,721
28 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,004,2141.0m $52.4m $52.4m 0.01% Added +3.9k +3,881
29 Litman Gregory Wealth Management LLC 4.80% of their portfolio LARKSPUR, CA 968,494968.5k $50.6m $50.6m 4.80% Reduced -43.0k -42,978
30 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 903,919903.9k $47.2m $47.2m 0.01% Reduced -273.9k -273,891
31 Lutz Financial Services LLC 4.04% of their portfolio OMAHA, NE 825,023825.0k $43.1m $43.1m 4.04% Added +65.5k +65,480
32 Prime Capital Investment Advisors, LLC 0.62% of their portfolio OVERLAND PARK, KS 781,316781.3k $40.8m $40.8m 0.62% Added +130.7k +130,700
33 Fund Evaluation Group, LLC 2.93% of their portfolio CINCINNATI, OH 772,165772.2k $40.3m $40.3m 2.93% Unchanged
34 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 764,066764.1k $39.9m $39.9m 0.01% Reduced -20.9k -20,874
35 STEPHENS GROUP ASSET MANAGEMENT, LLC 3.76% of their portfolio LITTLE ROCK, AR 739,029739.0k $38.6m $38.6m 3.76% Added +2.0k +1,958
36 Temasek Holdings (Private) Ltd 0.21% of their portfolio SINGAPORE, U0 705,000705.0k $36.8m $36.8m 0.21% Unchanged
37 Wealthcare Advisory Partners LLC 1.37% of their portfolio WEST CHESTER, PA 661,908661.9k $34.6m $34.6m 1.37% Reduced -76.8k -76,793
38 LifeGuide Financial Advisors, LLC 16.64% of their portfolio MECHANICSBURG, PA 603,154603.2k $31.5m $31.5m 16.64% Reduced -3.1k -3,094
39 BlueSky Wealth Advisors, LLC 5.83% of their portfolio New Bern, NC 601,327601.3k $31.4m $31.4m 5.83% Added +12.7k +12,684
40 Pure Financial Advisors, LLC 1.07% of their portfolio SAN DIEGO, CA 592,787592.8k $30.9m $30.9m 1.07% Added +55.2k +55,204
41 Korea Investment CORP 0.08% of their portfolio SEOUL, M5 580,000580.0k $30.3m $30.3m 0.08% Unchanged
42 Full Sail Capital, LLC 2.22% of their portfolio OKLAHOMA CITY, OK 559,063559.1k $29.2m $29.2m 2.22% Added +547.9k +547,880
43 Arax Advisory Partners 3.21% of their portfolio NEW YORK, NY 552,615552.6k $28.8m $28.8m 3.21% Reduced -257 -257
44 Morningstar Investment Services LLC 0.16% of their portfolio CHICAGO, IL 542,730542.7k $28.4m $28.4m 0.16% Added +248.9k +248,909
45 Matrix Trust Co 6.62% of their portfolio DENVER, CO 541,875541.9k $28.3m $28.3m 6.62% Reduced -35.0k -34,972
46 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 535,898535.9k $28.0m $28.0m 0.02% Added +4.4k +4,441
47 Savant Capital, LLC 0.34% of their portfolio ROCKFORD, IL 501,209501.2k $26.2m $26.2m 0.34% Reduced -41.6k -41,632
48 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 487,361487.4k $25.4m $25.4m 0.05% Reduced -58.5k -58,496
49 Financial Architects, LLC 19.83% of their portfolio WOODSTOCK, GA 482,208482.2k $25.2m $25.2m 19.83% First filing
50 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 461,764461.8k $24.1m $24.1m 0.03% Reduced -39.4k -39,406
51 ASSETMARK, INC 0.09% of their portfolio CONCORD, CA 450,937450.9k $23.5m $23.5m 0.09% Reduced -353.6k -353,589
52 Advisory Alpha, LLC 1.06% of their portfolio HOLLAND, MI 442,510442.5k $23.1m $23.1m 1.06% Added +7.7k +7,707
53 Joseph Group Capital Management 13.02% of their portfolio COLUMBUS, OH 429,495429.5k $22.4m $22.4m 13.02% Added +7.9k +7,943
54 MARSHALL FINANCIAL GROUP INC /ADV 6.97% of their portfolio DOYLESTOWN, PA 373,866373.9k $19.5m $19.5m 6.97% Reduced -3.5k -3,456
55 Navalign, LLC 6.72% of their portfolio ENCINO, CA 368,750368.8k $19.2m $19.2m 6.72% Added +3.5k +3,497
56 WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 4.62% of their portfolio GLASTONBURY, CT 367,823367.8k $19.2m $19.2m 4.62% Reduced -39.3k -39,261
57 Willow Creek Wealth Management Inc. 2.32% of their portfolio Sebastopol, CA 354,441354.4k $18.5m $18.5m 2.32% Added +44.8k +44,766
58 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 352,220352.2k $18.4m $18.4m 0.01% Reduced -7.5k -7,521
59 Carolina Wealth Advisors, LLC 9.52% of their portfolio MYRTLE BEACH, SC 351,793351.8k $18.4m $18.4m 9.52% Added +1.7k +1,749
60 ALM First Financial Advisors, LLC 3.01% of their portfolio DALLAS, TX 340,000340.0k $17.7m $17.7m 3.01% Unchanged
61 1832 Asset Management L.P. 0.03% of their portfolio TORONTO, A6 339,044339.0k $17.7m $17.7m 0.03% Reduced -1.3m -1,300,707
62 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 328,399328.4k $17.2m $17.2m 0.03% Reduced -56.5k -56,518
63 Financial Engines Advisors L.L.C. 0.04% of their portfolio SANTA CLARA, CA 327,649327.6k $17.1m $17.1m 0.04% Added +5.2k +5,242
64 CAPE COD FIVE CENTS SAVINGS BANK 1.73% of their portfolio HYANNIS, MA 326,484326.5k $17.0m $17.0m 1.73% Reduced -314.1k -314,118
65 Robinswood Financial LLC 7.21% of their portfolio KIRKLAND, WA 319,285319.3k $16.7m $16.7m 7.21% Reduced -1.9k -1,906
66 SUMITOMO LIFE INSURANCE CO 0.51% of their portfolio TOKYO, M0 315,800315.8k $16.5m $16.5m 0.51% Reduced -313.1k -313,100
67 Avior Wealth Management, LLC 0.99% of their portfolio OMAHA, NE 312,378312.4k $16.3m $16.3m 0.99% Added +25.7k +25,664
68 NOTTINGHAM ADVISORS, INC. 1.70% of their portfolio AMHERST, NY 301,125301.1k $12.2m $12.2m 1.70% New
69 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 300,026300.0k $15.7m $15.7m 0.01% Reduced -60.0k -60,010
70 FOSTER & MOTLEY INC 1.15% of their portfolio CINCINNATI, OH 296,500296.5k $15.5m $15.5m 1.15% Reduced -33.2k -33,196
71 Asset Management Group, Inc. 3.03% of their portfolio STAMFORD, CT 289,270289.3k $15.1m $15.1m 3.03% Reduced -3.4k -3,365
72 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 276,465276.5k $14.4m $14.4m 0.01% Reduced -214.8k -214,824
73 FIFTH THIRD BANCORP 0.06% of their portfolio CINCINNATI, OH 267,359267.4k $14.0m $14.0m 0.06% Reduced -5.3k -5,296
74 ADVANCED RESEARCH INVESTMENT SOLUTIONS, LLC 8.57% of their portfolio Los Angeles, CA 262,657262.7k $13.7m $13.7m 8.57% Added +16.5k +16,520
75 AE Wealth Management LLC 0.07% of their portfolio TOPEKA, KS 250,296250.3k $13.0m $13.0m 0.07% Reduced -3.6k -3,582
76 SAGE FINANCIAL GROUP INC 1.26% of their portfolio W. CONSHOHOCKEN, PA 248,555248.6k $13.0m $13.0m 1.26% Reduced -15.2k -15,219
77 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 245,996246.0k $12.8m $12.8m 0.02% Added +49.5k +49,458
78 ALTFEST L J & CO INC 1.80% of their portfolio NEW YORK, NY 238,015238.0k $12.4m $12.4m 1.80% Reduced -94.4k -94,422
79 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 236,117236.1k $12.3m $12.3m 0.02% Reduced -72.1k -72,079
80 Steward Partners Investment Advisory, LLC 0.16% of their portfolio STAMFORD, CT 231,191231.2k $12.1m $12.1m 0.16% Reduced -25.9k -25,898
81 Peak Financial Management, Inc. 4.05% of their portfolio WELLESLEY, MA 231,010231.0k $12.1m $12.1m 4.05% Reduced -14.3k -14,312
82 Pacific Capital Wealth Advisors, Inc. 3.03% of their portfolio CORONA, CA 228,746228.7k $11.9m $11.9m 3.03% Reduced -19.9k -19,945
83 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 227,906227.9k $11.9m $11.9m 0.05% Reduced -65.0k -65,023
84 PROFFITT & GOODSON INC 2.23% of their portfolio KNOXVILLE, TN 227,393227.4k $11.9m $11.9m 2.23% New
85 Marotta Asset Management 2.53% of their portfolio CHARLOTTESVILLE, VA 225,433225.4k $11.8m $11.8m 2.53% Reduced -5.0k -4,974
86 Eagle Ridge Investment Management 1.14% of their portfolio STAMFORD, CT 222,284222.3k $11.6m $11.6m 1.14% Not comparable
87 WEALTH MANAGEMENT RESOURCES, INC. 5.45% of their portfolio SMITHFIELD, RI 222,098222.1k $11.6m $11.6m 5.45% Added +20.0k +19,957
88 Kohmann Bosshard Financial Services, LLC 1.76% of their portfolio FAIRLAWN, OH 221,428221.4k $11.6m $11.6m 1.76% Added +41.9k +41,916
89 Avidian Wealth Enterprises, LLC 0.69% of their portfolio Houston, TX 212,158212.2k $11.1m $11.1m 0.69% Added +12.2k +12,206
90 Walker Financial Services, Inc. 11.40% of their portfolio BOWLING GREEN, KY 211,121211.1k $11.0m $11.0m 11.40% Reduced -25.1k -25,070
91 Annapolis Financial Services, LLC 2.69% of their portfolio ANNAPOLIS, MD 205,756205.8k $10.7m $10.7m 2.69% Added +80.5k +80,465
92 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 205,523205.5k $10.7m $10.7m 0.02% Added +24.6k +24,571
93 Wealthspire Advisors, LLC 0.15% of their portfolio NEW YORK, NY 201,622201.6k $10.5m $10.5m 0.15% Reduced -56.9k -56,890
94 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 200,814200.8k $10.5m $10.5m 0.03% Reduced -54.8k -54,751
95 GeoWealth Management, LLC 0.82% of their portfolio CHICAGO, IL 190,255190.3k $9.9m $9.9m 0.82% Added +141.2k +141,156
96 RE Dickinson Investment Advisors, LLC 6.17% of their portfolio COUNCIL BLUFFS, IA 186,101186.1k $9.7m $9.7m 6.17% Added +1.4k +1,377
97 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 183,948183.9k $9.6m $9.6m 0.02% Added +68.1k +68,059
98 ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP 0.73% of their portfolio Altamonte Springs, FL 182,600182.6k $9.5m $9.5m 0.73% Reduced -4.9k -4,900
99 McAdam, LLC 0.66% of their portfolio Philadelphia, PA 175,767175.8k $9.2m $9.2m 0.66% Reduced -115.0k -114,952
100 Modera Wealth Management, LLC 0.15% of their portfolio WESTWOOD, NJ 174,785174.8k $9.1m $9.1m 0.15% Reduced -183.9k -183,942