DaveManuel.com · Institutional Ownership · Who Owns It
SCHWAB STRATEGIC TR (SCHB)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
1,402
Reporting holders
$15.6B
Reported value
0.1%
Calls
0.0%
Puts
+73
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Wealthfront Advisers LLC | $1.5B | 51,435,009 | 2.86% | 31q | -2.1%-$32.5M |
| UBS Group AG | $1.4B | 48,933,766 | 0.18% | 31q | +0.9%+$12.1M |
| Betterment LLC | $442.9M | 15,292,144 | 0.75% | 31q | -2.7%-$12.3M |
| REBALANCE, LLC | $426.8M | 14,738,453 | 22.37% | 15q | -2.3%-$10.0M |
| SCS Capital Management LLC | $345.6M | 11,934,362 | 3.26% | 26q | HELD |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $331.0M | 11,427,853 | 0.06% | 3q | -3.5%-$11.8M |
| HighTower Advisors, LLC | $269.2M | 9,295,333 | 0.26% | 31q | +3.7%+$9.5M |
| Strid Group, LLC | $248.4M | 8,576,683 | 27.57% | 31q | -0.8%-$2.1M |
| Evensky & Katz LLC | $231.3M | 7,987,057 | 11.95% | 31q | -2.2%-$5.2M |
| HENGEHOLD CAPITAL MANAGEMENT LLC | $221.3M | 7,640,636 | 17.17% | 31q | -1.1%-$2.4M |
| Hanson & Doremus Investment Management | $203.7M | 7,035,343 | 20.73% | 31q | HELD |
| HB Wealth Management, LLC | $190.3M | 6,571,056 | 1.07% | 19q | HELD |
| Evergreen Advisors, LLC | $182.5M | 6,300,530 | 38.94% | 30q | HELD |
| Forvis Mazars Wealth Advisors, LLC | $178.1M | 6,148,772 | 2.97% | 31q | -1.3%-$2.4M |
| HT Partners LLC | $175.7M | 6,067,895 | 48.66% | 31q | -1.8%-$3.3M |
| Savant Capital, LLC | $160.7M | 5,943,212 | 0.47% | 31q | +100.1%+$80.4M |
| TruNorth Capital Management, LLC | $157.8M | 5,449,167 | 25.35% | 10q | +4.6%+$6.9M |
| HHM Wealth Advisors, LLC | $152.3M | 5,258,356 | 15.29% | 31q | +2.2%+$3.2M |
| AlphaCore Capital LLC | $151.6M | 5,233,490 | 2.79% | 6q | -2.2%-$3.5M |
| Mariner, LLC | $135.6M | 4,683,545 | 0.14% | 31q | -6.3%-$9.1M |
| Accredited Investors Inc. | $128.7M | 4,443,846 | 5.56% | 31q | -3.5%-$4.7M |
| Morton Brown Family Wealth, LLC | $123.4M | 4,261,509 | 27.98% | 19q | +6.1%+$7.1M |
| Compass Financial Group, INC/SD | $112.8M | 3,894,102 | 12.94% | 15q | +0.6%+$720.1K |
| CAPTRUST FINANCIAL ADVISORS | $105.8M | 3,654,324 | 0.16% | 31q | -9.7%-$11.4M |
| Waverly Advisors, LLC | $102.2M | 3,529,934 | 0.59% | 16q | +15.3%+$13.6M |
| MORGAN STANLEY | $100.2M | 3,458,745 | 0.01% | 35q | +2.6%+$2.6M |
| Cambridge Investment Research Advisors, Inc. | $99.6M | 3,439,333 | 0.11% | 31q | +100.5%+$49.9M |
| MANCHESTER FINANCIAL INC | $97.9M | 3,381,852 | 17.41% | 31q | -1.3%-$1.3M |
| Creative Planning | $95.6M | 3,300,545 | 0.06% | 31q | +3.2%+$3.0M |
| Ballentine Partners, LLC | $94.2M | 3,253,122 | 1.15% | 26q | HELD |
| HBK Sorce Advisory LLC | $93.7M | 3,151,706 | 1.78% | 31q | +0.7%+$631.9K |
| Quantinno Capital Management LP | $89.4M | 3,087,207 | 0.11% | 7q | +10.9%+$8.8M |
| LPL Financial LLC | $86.4M incl. $338.8K options PUT | 2,973,417 | 0.02% | 31q | +2.2%+$1.9M |
| JONES FINANCIAL COMPANIES LLLP | $84.2M | 2,970,765 | 0.03% | 15q | +12.6%+$9.4M |
| ROYAL BANK OF CANADA | $83.5M | 2,882,036 | 0.01% | 31q | HELD |
| NORTH STAR ASSET MANAGEMENT INC | $80.3M | 2,772,864 | 3.16% | 31q | +3.4%+$2.7M |
| Asset Advisors Investment Management, LLC | $79.3M | 2,739,361 | 7.28% | 31q | -0.8%-$663.5K |
| BROWN ADVISORY INC | $78.7M | 2,718,247 | 0.12% | 31q | HELD |
| Gallagher Fiduciary Advisors, LLC | $78.4M | 2,708,469 | 2.58% | 6q | -96.1%-$1.9B |
| Legacy Financial Strategies, LLC | $77.2M | 2,665,380 | 11.96% | 31q | +1.9%+$1.5M |
| Circle Wealth Management, LLC | $76.3M | 2,635,156 | 0.96% | 31q | HELD |
| D L CARLSON INVESTMENT GROUP INC | $75.1M | 2,592,207 | 11.95% | 31q | HELD |
| MYECFO, LLC | $74.6M | 2,577,055 | 28.17% | 15q | +0.8%+$559.9K |
| BANK OF AMERICA CORP /DE/ | $73.5M | 2,536,461 | 0.00% | 31q | -20.6%-$19.0M |
| Bluespring Wealth Management, LLC | $73.2M | 2,529,349 | 1.41% | 31q | +40.2%+$21.0M |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC | $73.2M | 2,527,684 | 0.96% | 15q | -1.6%-$1.2M |
| Winthrop Advisory Group LLC | $72.0M | 2,487,708 | 4.85% | 17q | +3.9%+$2.7M |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $70.6M | 2,500,208 | 0.12% | 31q | +7.7%+$5.1M |
| Bouchey Financial Group, Ltd. | $70.2M | 2,424,447 | 4.54% | 31q | -1.1%-$791.9K |
| WELLS FARGO & COMPANY/MN | $69.2M | 2,390,687 | 0.01% | 31q | +15.9%+$9.5M |
| Focus Partners Wealth | $69.0M | 2,383,777 | 0.07% | 11q | -10.2%-$7.8M |
| Summit Financial Strategies, Inc. | $67.4M | 2,326,085 | 4.73% | 31q | -12.9%-$10.0M |
| Aptus Capital Advisors, LLC | $67.3M | 2,325,278 | 0.46% | 28q | +4.1%+$2.7M |
| Sunburst Financial Group, LLC | $65.6M | 2,266,615 | 10.63% | 27q | +4.2%+$2.7M |
| MERCER GLOBAL ADVISORS INC /ADV | $63.7M | 2,198,557 | 0.08% | 30q | -13.2%-$9.6M |
| Caprock Group, LLC | $60.4M | 2,086,029 | 1.16% | 30q | HELD |
| WBH ADVISORY INC | $60.0M | 2,072,831 | 4.03% | 30q | -2.2%-$1.4M |
| Allworth Financial LP | $52.4M | 1,809,502 | 0.22% | 31q | +6.2%+$3.1M |
| Capital Management Associates, Inc | $51.8M | 1,789,502 | 10.42% | 8q | HELD |
| Ethos Financial Group, LLC | $50.7M | 1,795,643 | 3.39% | 15q | -11.4%-$6.5M |
| Leading Edge Financial Planning LLC | $50.6M | 1,748,838 | 9.02% | 15q | +6.6%+$3.1M |
| Roundview Capital LLC | $50.5M | 1,744,303 | 2.76% | 31q | +3.7%+$1.8M |
| Cerity Partners LLC | $47.9M | 1,654,810 | 0.06% | 24q | +27.1%+$10.2M |
| TRUIST FINANCIAL CORP | $47.7M | 1,647,692 | 0.06% | 30q | HELD |
| Boulder Wealth Advisors, LLC | $47.5M | 1,641,481 | 17.33% | 10q | +1.5%+$692.9K |
| Cape Investment Advisory, Inc. | $46.3M | 1,597,218 | 12.37% | 14q | +0.8%+$377.2K |
| Modern Wealth Management, LLC | $46.1M | 1,592,627 | 0.55% | 6q | +4.1%+$1.8M |
| Appalachian Capital Management Ltd | $45.7M | 1,577,489 | 33.14% | 3q | HELD |
| Tanglewood Wealth Management, Inc. | $45.7M | 1,577,486 | 3.89% | 31q | +2.8%+$1.2M |
| BOYUM WEALTH ARCHITECTS LLC | $44.1M | 1,522,245 | 17.55% | 6q | +1.3%+$583.6K |
| AQR CAPITAL MANAGEMENT LLC | $41.9M | 1,445,601 | 0.01% | 11q | +34.5%+$10.7M |
| GOLDMAN SACHS GROUP INC | $40.1M | 1,383,449 | 0.00% | 31q | HELD |
| Jaffetilchin Investment Partners, LLC | $39.6M | 1,367,218 | 2.10% | 31q | +1.1%+$443.0K |
| MAI Capital Management | $36.7M | 1,267,030 | 0.14% | 15q | +2.2%+$775.2K |
| Legacy Private Trust Co. | $36.3M | 1,253,734 | 2.01% | 26q | -2.2%-$821.1K |
| Facet Wealth, Inc. | $36.0M | 1,243,309 | 0.52% | 23q | -0.5%-$186.5K |
| JUNCTURE WEALTH STRATEGIES, LLC | $35.5M | 1,226,246 | 9.24% | 31q | -3.2%-$1.2M |
| FMR LLC | $35.1M | 1,210,918 | 0.00% | 31q | +13.4%+$4.2M |
| John Boyer, Inc. | $34.6M | 1,194,348 | 29.98% | 4q | +4.1%+$1.4M |
| SYM FINANCIAL Corp | $34.4M | 1,187,558 | 2.76% | 31q | HELD |
| Members Advisory Group LLC | $34.2M | 1,179,830 | 9.54% | 19q | -25.5%-$11.7M |
| HARBOUR INVESTMENTS, INC. | $33.7M | 1,163,565 | 0.45% | 21q | +4.0%+$1.3M |
| Pegasus Asset Management, Inc. | $33.6M | 1,161,813 | 9.59% | 31q | HELD |
| RAYMOND JAMES FINANCIAL INC | $33.6M | 1,161,767 | 0.01% | 7q | +5.2%+$1.7M |
| WT Wealth Management | $33.6M | 1,161,589 | 9.32% | 28q | -1.0%-$348.9K |
| Goepper Burkhardt LLC | $33.6M | 1,160,559 | 10.09% | 23q | +2.0%+$652.9K |
| GSG Advisors LLC | $32.1M | 1,106,784 | 7.06% | 12q | +1.2%+$374.7K |
| Gemmer Asset Management LLC | $32.0M | 1,104,883 | 2.15% | 31q | -1.2%-$388.5K |
| JPMORGAN CHASE & CO | $31.8M | 1,107,295 | 0.00% | 31q | -7.4%-$2.5M |
| Chicago Partners Investment Group LLC | $31.7M | 1,109,222 | 0.63% | 31q | +14.4%+$4.0M |
| ROBINSON SMITH WEALTH ADVISORS LLC | $31.1M | 1,072,620 | 18.61% | 11q | -0.7%-$227.2K |
| Truepoint, Inc. | $31.0M | 1,069,662 | 0.65% | 31q | -2.5%-$807.7K |
| Retirement Planning Group, LLC | $30.9M | 1,068,109 | 0.79% | 31q | -1.7%-$525.9K |
| Genesee Capital Advisors, LLC | $30.5M | 1,052,859 | 9.61% | 30q | -35.4%-$16.7M |
| Strategic Advisors LLC | $29.6M | 1,021,776 | 6.47% | 31q | -7.8%-$2.5M |
| Dodds Wealth, LLC | $29.6M | 1,020,508 | 6.65% | 11q | +1.3%+$366.6K |
| PATRIOT INVESTMENT MANAGEMENT GROUP, INC. | $29.1M | 1,004,233 | 1.69% | 30q | -1.7%-$517.5K |
| Corient Private Wealth LP | $29.0M | 1,001,507 | 0.04% | 15q | +15.0%+$3.8M |
| ENVESTNET ASSET MANAGEMENT INC | $28.1M | 969,875 | 0.01% | 31q | +11.8%+$3.0M |
| Wynn Capital, LLC | $27.9M | 963,366 | 12.46% | 11q | +3.2%+$876.5K |
Showing the largest 100 of 1,403 reported holders. The count of 1,402 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
Q2 2026 in brief
In Q2 2026, 1,402 managers that file Form 13F reported holding Schwab Strategic Tr (SCHB), $15.6B in all. 136 managers opened a position and 63 sold out completely, against 1,329 holders the quarter before. Largest holders: Wealthfront Advisers Llc, Ubs Group Ag and Betterment Llc. Largest new positions: Strategic Financial Planning, Inc. ($24.4M), Janney Montgomery Scott Llc ($11.6M) and Phillip James Consulting Co. ($10.4M).
Q2 2026 is the latest quarter whose 13F deadline has passed. A 13F shows long US stock positions at quarter end, filed up to 45 days later; an adviser and a sub-adviser can both report the same shares.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 668 | $5.4B | 185,159,177 | 37 | 151 | 204 | 0.0% |
| Q2 2026 | 1,402 | $15.6B | 539,998,952 | 119 | 366 | 412 | 0.1% |
| Q1 2026 | 1,329 | $13.3B | 530,066,294 | 78 | 348 | 417 | 0.1% |
| Q4 2025 | 1,321 | $12.6B | 479,333,769 | 71 | 324 | 398 | 0.1% |
| Q3 2025 | 1,219 | $12.5B | 481,143,155 | 68 | 324 | 387 | 0.1% |
| Q2 2025 | 1,214 | $11.3B | 475,049,278 | 88 | 356 | 378 | 0.1% |
| Q1 2025 | 1,177 | $10.2B | 475,702,634 | 64 | 351 | 380 | 0.1% |
| Q4 2024 | 1,187 | $10.8B | 476,033,264 | 55 | 316 | 375 | 0.1% |
| Q3 2024 | 1,106 | $10.3B | 159,215,722 | 60 | 362 | 344 | 0.1% |
| Q2 2024 | 1,089 | $10.1B | 160,412,189 | 56 | 292 | 359 | 0.1% |
| Q1 2024 | 1,079 | $9.8B | 161,541,148 | 85 | 295 | 338 | 0.2% |
| Q4 2023 | 1,042 | $9.0B | 160,846,489 | 74 | 311 | 289 | 0.2% |
| Q3 2023 | 947 | $7.5B | 149,870,814 | 44 | 263 | 310 | 0.2% |
| Q2 2023 | 950 | $7.7B | 149,601,158 | 47 | 238 | 317 | 0.2% |
| Q1 2023 | 928 | $7.2B | 150,272,570 | 45 | 267 | 326 | 0.2% |
| Q4 2022 | 931 | $7.1B | 158,055,043 | 76 | 254 | 309 | 0.2% |
| Q3 2022 | 849 | $135.7B | 3,230,297,939 | 40 | 242 | 286 | 0.0% |
| Q2 2022 | 867 | $155.4B | 3,515,634,377 | 50 | 277 | 277 | 0.0% |
| Q1 2022 | 891 | $194.7B | 3,644,938,793 | 44 | 266 | 317 | 0.0% |
| Q4 2021 | 895 | $136.4B | 1,207,093,509 | 54 | 247 | 239 | 0.0% |
| Q3 2021 | 781 | $65.0B | 625,632,171 | 31 | 241 | 233 | 0.0% |
| Q2 2021 | 778 | $54.6B | 524,140,406 | 53 | 232 | 259 | 0.0% |
| Q1 2021 | 746 | $49.9B | 516,372,957 | 42 | 235 | 262 | 0.0% |
| Q4 2020 | 736 | $84.3B | 926,149,210 | 55 | 193 | 264 | 0.0% |
| Q3 2020 | 669 | $73.2B | 919,290,030 | 40 | 167 | 284 | 0.0% |
| Q2 2020 | 664 | $62.8B | 854,874,079 | 61 | 186 | 263 | 0.0% |
| Q1 2020 | 648 | $54.8B | 905,803,348 | 46 | 227 | 255 | 0.0% |
| Q4 2019 | 682 | $73.1B | 951,009,326 | 48 | 223 | 192 | 0.0% |
| Q3 2019 | 589 | $61.9B | 885,590,722 | 34 | 237 | 168 | 0.0% |
| Q2 2019 | 579 | $60.7B | 857,606,046 | 53 | 226 | 162 | 0.0% |
| Q1 2019 | 557 | $58.4B | 859,614,619 | 52 | 242 | 156 | 0.0% |
| Q4 2018 | 538 | $27.5B | 460,111,874 | 5 | 10 | 4 | 0.0% |