Vault-13

SCHWAB STRATEGIC TR SCHP

US TIPS ETF · ETP · CUSIP 808524870

717 institutional holders +49 vs Q3 2025
366,854,596366.9m shares reported held*
$9.7bnreported value*
63 new 340 added 182 reduced 47 sold out net sold ≈ $276.6m (-10.5m 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 ($10.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.53.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 696Q4 22: 700Q1 23: 661Q2 23: 653Q3 23: 617Q4 23: 667Q1 24: 646Q2 24: 659Q3 24: 638Q4 24: 669Q1 25: 665Q2 25: 667Q3 25: 668Q4 25: 717717Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022696
Q4 2022700
Q1 2023661
Q2 2023653
Q3 2023617
Q4 2023667
Q1 2024646
Q2 2024659
Q3 2024638
Q4 2024669
Q1 2025665
Q2 2025667
Q3 2025668
Q4 2025717

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q1 24: 283 bought or addedQ1 24: 326 cut or sold outQ2 24: 312 bought or addedQ2 24: 311 cut or sold outQ2 24Q3 24: 289 bought or addedQ3 24: 296 cut or sold outQ4 24: 308 bought or addedQ4 24: 299 cut or sold outQ4 24Q1 25: 327 bought or addedQ1 25: 313 cut or sold outQ2 25: 335 bought or addedQ2 25: 294 cut or sold outQ2 25Q3 25: 385 bought or addedQ3 25: 243 cut or sold outQ4 25: 403 bought or addedQ4 25: 229 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024283326
Q2 2024312311
Q3 2024289296
Q4 2024308299
Q1 2025327313
Q2 2025335294
Q3 2025385243
Q4 2025403229

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ1 25 calls: $882.0kQ1 25 puts: $279.7kQ1 25P/C 0.32Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$882.0k$279.7k0.32
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$0$0—

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +12,120,731+12.1m
Empower Advisory Group, LLC Added +4,063,320+4.1m
Beacon Pointe Advisors, LLC Added +3,168,924+3.2m
NEPC LLC Added +2,980,022+3.0m
Quadratic Capital Management LLC Added +2,732,156+2.7m
Creative Planning Added +1,864,437+1.9m
Arax Advisory Partners New +1,722,746+1.7m
Elm Partners Management LLC Added +1,565,715+1.6m
Russell Investments Group, Ltd. New +1,528,182+1.5m
EVOKE WEALTH, LLC Added +1,281,394+1.3m

Biggest sellers

JPMORGAN CHASE & CO Reduced -26,850,662-26.9m
US BANCORP \DE\ Reduced -9,861,452-9.9m
LINCOLN NATIONAL CORP Reduced -5,140,149-5.1m
Envestnet Portfolio Solutions, Inc. Reduced -3,889,987-3.9m
Jasper Ridge Partners, L.P. Reduced -1,240,416-1.2m
Garde Capital, Inc. Sold out -1,173,047-1.2m
Wealthfront Advisers LLC Reduced -1,155,114-1.2m
Municipal Employees' Retirement System of Michigan Reduced -1,152,844-1.2m
Cerity Partners OCIO LLC Reduced -1,071,338-1.1m
VOYA INVESTMENT MANAGEMENT LLC Reduced -679,251-679.3k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Empower Advisory Group, LLC 3.55% of their portfolio Greenwood Village, CO 49,666,97149.7m $1.3bn $1.3bn 3.55% Added +4.1m +4,063,320
2 Wealthfront Advisers LLC 2.04% of their portfolio Palo Alto, CA 34,533,13334.5m $914.8m $914.8m 2.04% Reduced -1.2m -1,155,114
3 Municipal Employees' Retirement System of Michigan 4.57% of their portfolio LANSING, MI 15,248,38315.2m $403.9m $403.9m 4.57% Reduced -1.2m -1,152,844
4 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 14,800,21814.8m $392.1m $392.1m 0.03% Added +12.1m +12,120,731
5 Quadratic Capital Management LLC 98.19% of their portfolio GREENWICH, CT 14,499,20114.5m $384.1m $384.1m 98.19% Added +2.7m +2,732,156
6 SEI INVESTMENTS CO 0.32% of their portfolio OAKS, PA 12,308,87712.3m $326.1m $326.1m 0.32% Added +484.5k +484,527
7 VOYA INVESTMENT MANAGEMENT LLC 0.24% of their portfolio ATLANTA, GA 9,361,9639.4m $248.0m $248.0m 0.24% Reduced -679.3k -679,251
8 Cerity Partners LLC 0.36% of their portfolio NEW YORK, NY 9,291,7309.3m $246.1m $246.1m 0.36% Added +936.1k +936,063
9 EVOKE WEALTH, LLC 4.60% of their portfolio Los Angeles, CA 9,032,5169.0m $239.3m $239.3m 4.60% Added +1.3m +1,281,394
10 ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio NASHVILLE, TN 8,561,5628.6m $226.8m $226.8m 0.07% Added +642.8k +642,795
11 CENTRAL TRUST Co 3.96% of their portfolio JEFFERSON CITY, MO 7,633,5377.6m $202.2m $202.2m 3.96% Added +320.6k +320,554
12 NEPC LLC 4.27% of their portfolio Boston, MA 7,572,1117.6m $200.6m $200.6m 4.27% Added +3.0m +2,980,022
13 Elm Partners Management LLC 8.50% of their portfolio Philadelphia, PA 7,072,3907.1m $187.3m $187.3m 8.50% Added +1.6m +1,565,715
14 US BANCORP \DE\ 0.20% of their portfolio MINNEAPOLIS, MN 6,404,2276.4m $169.6m $169.6m 0.20% Reduced -9.9m -9,861,452
15 Alesco Advisors, LLC, An ESL Co 4.08% of their portfolio Pittsford, NY 5,956,3746.0m $157.8m $157.8m 4.08% Added +283.5k +283,480
16 Jasper Ridge Partners, L.P. 3.46% of their portfolio MENLO PARK, CA 5,901,4905.9m $156.3m $156.3m 3.46% Reduced -1.2m -1,240,416
17 ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP 4.56% of their portfolio Altamonte Springs, FL 5,778,6955.8m $153.1m $153.1m 4.56% Added +1.1m +1,150,000
18 UBS Group AG 0.03% of their portfolio ZURICH, V8 5,441,0115.4m $144.1m $144.1m 0.03% Added +104.6k +104,577
19 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 5,026,5495.0m $133.2m $133.2m 0.04% Added +153.1k +153,052
20 Cerity Partners OCIO LLC 6.49% of their portfolio New York, NY 4,428,5624.4m $117.3m $117.3m 6.49% Reduced -1.1m -1,071,338
21 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,596,2643.6m $95.3m $95.3m 0.01% Added +193.1k +193,128
22 Beacon Pointe Advisors, LLC 0.66% of their portfolio NEWPORT BEACH, CA 3,546,6153.5m $93.9m $93.9m 0.66% Added +3.2m +3,168,924
23 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 3,197,4133.2m $84.7m $84.7m 0.02% Added +216.1k +216,058
24 LINCOLN NATIONAL CORP 2.46% of their portfolio RADNOR, PA 3,181,7673.2m $84.3m $84.3m 2.46% Reduced -5.1m -5,140,149
25 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,700,4372.7m $71.5m $71.5m 0.00% Added +55.7k +55,700
26 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.09% of their portfolio PLYMOUTH, MN 2,572,4622.6m $68.2m $68.2m 0.09% Added +437.8k +437,759
27 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 2,517,0612.5m $66.7m $66.7m 0.05% Added +1.9m +1,864,437
28 Lutz Financial Services LLC 3.98% of their portfolio OMAHA, NE 2,206,7352.2m $58.5m $58.5m 3.98% Added +216.5k +216,519
29 Prime Capital Investment Advisors, LLC 0.69% of their portfolio OVERLAND PARK, KS 2,141,0392.1m $56.7m $56.7m 0.69% Added +84.8k +84,757
30 ASSETMARK, INC 0.10% of their portfolio CONCORD, CA 1,932,0031.9m $51.2m $51.2m 0.10% Reduced -114.0k -113,993
31 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,919,4821.9m $50.8m $50.8m 0.01% Added +350.1k +350,121
32 MERCER GLOBAL ADVISORS INC /ADV 0.08% of their portfolio DENVER, CO 1,860,7101.9m $49.3m $49.3m 0.08% Reduced -338.1k -338,112
33 LifeGuide Financial Advisors, LLC 16.14% of their portfolio MECHANICSBURG, PA 1,837,3081.8m $48.7m $48.7m 16.14% Added +155.0k +154,957
34 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,796,9571.8m $47.6m $47.6m 0.01% Reduced -599.7k -599,706
35 Arax Advisory Partners 1.33% of their portfolio NEW YORK, NY 1,722,7461.7m $45.6m $45.6m 1.33% New
36 STEPHENS GROUP ASSET MANAGEMENT, LLC 3.04% of their portfolio LITTLE ROCK, AR 1,717,2781.7m $45.5m $45.5m 3.04% Added +12.2k +12,233
37 Diversified Enterprises, LLC 2.61% of their portfolio Wilmington, DE 1,655,9421.7m $43.9m $43.9m 2.61% Added +94.4k +94,396
38 PRINCIPAL SECURITIES, INC. 0.65% of their portfolio DES MOINES, IA 1,582,4581.6m $41.9m $41.9m 0.65% Added +81.4k +81,422
39 Russell Investments Group, Ltd. 0.04% of their portfolio Seattle, WA 1,528,1821.5m $40.5m $40.5m 0.04% New
40 BlueSky Wealth Advisors, LLC 5.24% of their portfolio New Bern, NC 1,499,6101.5m $39.7m $39.7m 5.24% Added +112.6k +112,608
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,497,6541.5m $39.7m $39.7m 0.00% Reduced -26.9m -26,850,662
42 Matrix Trust Co 6.47% of their portfolio DENVER, CO 1,479,6841.5m $39.2m $39.2m 6.47% Reduced -112.1k -112,117
43 Integrated Wealth Concepts LLC 0.45% of their portfolio WALTHAM, MA 1,441,7641.4m $38.2m $38.2m 0.45% Reduced -148.1k -148,115
44 Financial Architects, LLC 20.44% of their portfolio WOODSTOCK, GA 1,434,5701.4m $38.0m $38.0m 20.44% Added +105.3k +105,349
45 Wealthcare Advisory Partners LLC 0.74% of their portfolio WEST CHESTER, PA 1,422,3211.4m $37.7m $37.7m 0.74% Added +132.4k +132,391
46 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,422,2921.4m $37.7m $37.7m 0.01% Added +112.5k +112,479
47 Pure Financial Advisors, LLC 0.56% of their portfolio SAN DIEGO, CA 1,420,2981.4m $37.6m $37.6m 0.56% Added +53.9k +53,925
48 Temasek Holdings (Private) Ltd 0.12% of their portfolio SINGAPORE, U0 1,410,0001.4m $37.4m $37.4m 0.12% Unchanged
49 Kohmann Bosshard Financial Services, LLC 3.23% of their portfolio FAIRLAWN, OH 1,362,6381.4m $36.1m $36.1m 3.23% Added +81.6k +81,642
50 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,278,9141.3m $33.9m $33.9m 0.00% Added +154.8k +154,808
51 SUMITOMO LIFE INSURANCE CO 0.91% of their portfolio TOKYO, M0 1,250,0001.2m $33.1m $33.1m 0.91% Added +387.3k +387,300
52 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 1,148,2071.1m $30.4m $30.4m 0.03% Added +32.8k +32,759
53 Prentice Wealth Management LLC 6.75% of their portfolio Rochester, NY 1,115,3131.1m $29.5m $29.5m 6.75% Added +128.4k +128,384
54 FMR LLC 0.00% of their portfolio BOSTON, MA 1,066,5011.1m $28.3m $28.3m 0.00% Added +868.8k +868,809
55 Advisory Alpha, LLC 0.75% of their portfolio HOLLAND, MI 1,041,3391.0m $27.6m $27.6m 0.75% Added +19.0k +19,048
56 ALTFEST L J & CO INC 3.01% of their portfolio NEW YORK, NY 1,037,7711.0m $27.5m $27.5m 3.01% Added +28.2k +28,192
57 Joseph Group Capital Management 6.94% of their portfolio COLUMBUS, OH 997,851997.9k $26.4m $26.4m 6.94% Added +60.8k +60,759
58 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 991,064991.1k $26.3m $26.3m 0.03% Added +165.4k +165,360
59 Avior Wealth Management, LLC 0.75% of their portfolio OMAHA, NE 914,332914.3k $24.2m $24.2m 0.75% Added +73.7k +73,692
60 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 907,498907.5k $24.0m $24.0m 0.02% Added +3.3k +3,287
61 FOSTER & MOTLEY INC 1.28% of their portfolio CINCINNATI, OH 903,600903.6k $23.9m $23.9m 1.28% Added +53.0k +53,032
62 Tortoise Investment Management, LLC 2.08% of their portfolio WHITE PLAINS, NY 895,124895.1k $23.7m $23.7m 2.08% Added +46.0k +46,048
63 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 885,259885.3k $23.5m $23.5m 0.01% Added +34.1k +34,147
64 Seneca Financial Advisors LLC 6.63% of their portfolio ROCHESTER, NY 822,982823.0k $21.8m $21.8m 6.63% New
65 Modera Wealth Management, LLC 0.23% of their portfolio WESTWOOD, NJ 750,864750.9k $19.9m $19.9m 0.23% Reduced -10.5k -10,547
66 Fund Evaluation Group, LLC 0.66% of their portfolio CINCINNATI, OH 748,000748.0k $19.8m $19.8m 0.66% Reduced -27.0k -27,010
67 Navalign, LLC 4.29% of their portfolio ENCINO, CA 660,030660.0k $17.5m $17.5m 4.29% Added +12.4k +12,406
68 ARMSTRONG ADVISORY GROUP, INC 1.14% of their portfolio NEEDHAM, MA 637,886637.9k $16.9m $16.9m 1.14% Added +16.6k +16,628
69 Carnegie Investment Counsel 0.31% of their portfolio PEPPER PIKE, OH 632,275632.3k $16.6m $16.6m 0.31% Added +17.8k +17,806
70 TANDEMGROWTH FINANCIAL ADVISORS LLC 14.31% of their portfolio ALPHARETTA, GA 618,967619.0k $16.4m $16.4m 14.31% First filing
71 SAGE FINANCIAL GROUP INC 1.08% of their portfolio W. CONSHOHOCKEN, PA 618,792618.8k $16.4m $16.4m 1.08% Added +1.3k +1,342
72 Greenline Partners, LLC 1.78% of their portfolio NEW YORK, NY 587,378587.4k $15.6m $15.6m 1.78% Reduced -39.4k -39,383
73 Allen Capital Group, LLC 1.42% of their portfolio GRAND ISLAND, NE 582,869582.9k $15.4m $15.4m 1.42% Added +26.6k +26,593
74 Financial Engines Advisors L.L.C. 0.03% of their portfolio SANTA CLARA, CA 581,103581.1k $15.4m $15.4m 0.03% Added +8.3k +8,343
75 Tidal Investments LLC 0.06% of their portfolio Milwaukee, WI 572,360572.4k $15.2m $15.2m 0.06% Reduced -138.4k -138,370
76 Asset Management Group, Inc. 2.44% of their portfolio STAMFORD, CT 570,490570.5k $15.1m $15.1m 2.44% Reduced -7.4k -7,384
77 PROFFITT & GOODSON INC 2.06% of their portfolio KNOXVILLE, TN 557,485557.5k $14.8m $14.8m 2.06% Added +21.6k +21,571
78 West Family Investments, Inc. 3.53% of their portfolio CARLSBAD, CA 540,734540.7k $15.1m $15.1m 3.53% Added +54.7k +54,666
79 Grove Street Fiduciary, LLC 5.91% of their portfolio PETERBOROUGH, NH 533,999534.0k $14.1m $14.1m 5.91% Reduced -901 -901
80 FDx Advisors, Inc. 7.02% of their portfolio BERWYN, PA 519,684519.7k $13.8m $13.8m 7.02% Added +14.3k +14,276
81 Altiora Financial Group, LLC 2.32% of their portfolio LEBANON, OH 507,169507.2k $13.4m $13.4m 2.32% Added +12.1k +12,095
82 Marotta Asset Management 2.48% of their portfolio CHARLOTTESVILLE, VA 506,536506.5k $13.4m $13.4m 2.48% Added +23.6k +23,599
83 Savant Capital, LLC 0.08% of their portfolio ROCKFORD, IL 501,778501.8k $13.3m $13.3m 0.08% Reduced -24.9k -24,859
84 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 496,317496.3k $13.1m $13.1m 0.01% Added +36.7k +36,708
85 Prairiewood Capital, LLC 4.07% of their portfolio FARGO, ND 495,047495.0k $13.1m $13.1m 4.07% Added +41.7k +41,674
86 Robinswood Financial LLC 4.17% of their portfolio KIRKLAND, WA 492,559492.6k $13.0m $13.0m 4.17% Reduced -25.1k -25,126
87 Carolina Wealth Advisors, LLC 5.67% of their portfolio MYRTLE BEACH, SC 479,844479.8k $12.7m $12.7m 5.67% Reduced -6.3k -6,295
88 ALM First Financial Advisors, LLC 2.49% of their portfolio DALLAS, TX 475,034475.0k $12.6m $12.6m 2.49% Unchanged
89 Hirtle & Co., LLC 0.42% of their portfolio WEST CONSHOHOCKEN, PA 466,428466.4k $12.4m $12.4m 0.42% Added +26.9k +26,887
90 Wealthspire Advisors, LLC 0.10% of their portfolio NEW YORK, NY 466,159466.2k $12.3m $12.3m 0.10% Reduced -439.6k -439,633
91 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 433,840433.8k $11.5m $11.5m 0.02% Reduced -81.9k -81,858
92 EQ WEALTH ADVISORS, LLC 6.65% of their portfolio DALLAS, TX 425,280425.3k $11.3m $11.3m 6.65% Reduced -24.6k -24,645
93 ZynergyRetirementPlanningLLC 6.94% of their portfolio RED BANK, NJ 424,093424.1k $11.2m $11.2m 6.94% Reduced -5.3k -5,318
94 MPS Loria Financial Planners, LLC 2.86% of their portfolio Burr Ridge, IL 420,379420.4k $11.1m $11.1m 2.86% Added +16.3k +16,253
95 Rock Creek Group LLC 1.21% of their portfolio Washington, DC 406,932406.9k $10.8m $10.8m 1.21% Added +34.5k +34,522
96 Capital Analysts, LLC 0.30% of their portfolio FORT WASHINGTON, PA 405,814405.8k $10.8m $10.8m 0.30% Added +30.1k +30,108
97 KESTRA PRIVATE WEALTH SERVICES, LLC 0.13% of their portfolio AUSTIN, TX 403,937403.9k $10.7m $10.7m 0.13% Added +11.2k +11,201
98 Silver Coast Investments LLC 3.61% of their portfolio SAN DIEGO, X1 395,632395.6k $10.5m $10.5m 3.61% Added +17.6k +17,622
99 WEALTHCARE CAPITAL MANAGEMENT LLC 1.04% of their portfolio RICHMOND, VA 395,603395.6k $10.5m $10.5m 1.04% Added +14.2k +14,195
100 Roble, Belko & Company, Inc 1.37% of their portfolio SEWICKLEY, PA 394,537394.5k $10.5m $10.5m 1.37% Added +8.9k +8,942