DaveManuel.com · Institutional Ownership · Who Owns It
SCHWAB STRATEGIC TR (SCHF)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
1,680
Reporting holders
$39.8B
Reported value
0.1%
Calls
0.0%
Puts
+66
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 |
|---|---|---|---|---|---|
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $8.6B | 309,394,253 | 4.58% | 31q | +2.4%+$196.9M |
| Empower Advisory Group, LLC | $5.1B | 182,562,625 | 12.06% | 14q | -1.7%-$86.8M |
| Financial Engines Advisors L.L.C. | $4.1B | 147,700,825 | 7.27% | 31q | -3.2%-$134.9M |
| Wealthfront Advisers LLC | $3.2B | 116,784,490 | 6.22% | 31q | HELD |
| Creative Planning | $1.3B | 46,025,845 | 0.75% | 31q | -2.4%-$30.7M |
| HighTower Advisors, LLC | $598.7M | 21,613,963 | 0.57% | 31q | +2.0%+$11.7M |
| Betterment LLC | $569.5M | 20,561,168 | 0.96% | 31q | -3.1%-$18.0M |
| Composition Wealth, LLC | $446.1M | 16,104,671 | 5.23% | 24q | +3.9%+$16.6M |
| US BANCORP \DE\ | $400.1M | 14,444,093 | 0.44% | 31q | +14.4%+$50.4M |
| SCS Capital Management LLC | $344.3M | 12,429,498 | 3.25% | 26q | HELD |
| MORGAN STANLEY | $340.2M | 12,281,905 | 0.02% | 35q | +0.9%+$3.0M |
| Wealthspire Advisors, LLC | $303.0M | 10,939,617 | 1.67% | 26q | -10.4%-$35.2M |
| JONES FINANCIAL COMPANIES LLLP | $271.2M | 9,888,149 | 0.11% | 26q | +18.5%+$42.3M |
| Orgel Wealth Management, LLC | $268.5M | 9,692,489 | 5.09% | 31q | +3.0%+$7.8M |
| Mariner, LLC | $268.1M | 9,681,325 | 0.28% | 31q | -3.1%-$8.7M |
| McAdam, LLC | $258.1M | 9,317,087 | 9.97% | 31q | +10.8%+$25.2M |
| MERCER GLOBAL ADVISORS INC /ADV | $241.2M | 8,707,217 | 0.30% | 30q | -2.2%-$5.4M |
| Avantax Planning Partners, Inc. | $211.2M | 7,624,824 | 5.26% | 31q | +4.2%+$8.5M |
| Cresset Asset Management, LLC | $199.9M | 7,217,108 | 0.72% | 21q | +3.0%+$5.8M |
| REBALANCE, LLC | $199.7M | 7,208,057 | 10.46% | 15q | +4.4%+$8.4M |
| LPL Financial LLC | $199.5M | 7,201,261 | 0.04% | 31q | +15.8%+$27.1M |
| Steele Capital Management, Inc. | $195.8M | 7,056,392 | 7.20% | 11q | +2.1%+$4.0M |
| Cerity Partners LLC | $191.2M | 7,384,337 | 0.23% | 29q | +7.2%+$12.9M |
| AMERIPRISE FINANCIAL INC | $178.9M | 6,459,959 | 0.04% | 31q | +54.4%+$63.1M |
| SageView Advisory Group, LLC | $173.3M | 6,255,699 | 5.68% | 9q | -5.4%-$9.9M |
| Gemmer Asset Management LLC | $170.6M | 6,157,146 | 11.46% | 31q | +1.0%+$1.6M |
| BANK OF AMERICA CORP /DE/ | $170.0M | 6,136,423 | 0.01% | 31q | -17.9%-$37.2M |
| WELLS FARGO & COMPANY/MN | $166.7M | 6,018,421 | 0.03% | 31q | +3.2%+$5.2M |
| BESSEMER GROUP INC | $161.8M | 5,839,755 | 0.22% | 31q | +2.8%+$4.3M |
| ENVESTNET ASSET MANAGEMENT INC | $160.6M | 5,800,672 | 0.04% | 31q | -11.8%-$21.5M |
| BRANDYWINE OAK PRIVATE WEALTH LLC | $158.5M | 5,721,529 | 12.03% | 25q | -2.2%-$3.5M |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $152.6M | 5,538,941 | 0.26% | 31q | -1.3%-$1.9M |
| FMR LLC | $152.2M | 5,495,563 | 0.01% | 31q | +2.2%+$3.3M |
| UBS Group AG | $140.0M | 5,052,773 | 0.02% | 31q | +11.0%+$13.9M |
| Fund Evaluation Group, LLC | $133.2M | 4,807,713 | 3.60% | 14q | -13.1%-$20.1M |
| Bluespring Wealth Management, LLC | $130.9M | 4,726,608 | 2.52% | 31q | +30.8%+$30.8M |
| MONETA GROUP INVESTMENT ADVISORS LLC | $129.8M | 4,686,426 | 0.96% | 31q | +2.3%+$3.0M |
| Prime Capital Investment Advisors, LLC | $119.8M | 4,325,445 | 1.16% | 30q | -2.4%-$2.9M |
| Cetera Investment Advisers | $116.6M | 4,208,170 | 0.11% | 31q | +4.1%+$4.6M |
| JMG Financial Group, Ltd. | $113.2M | 4,087,794 | 2.74% | 31q | -0.7%-$783.4K |
| JANE STREET GROUP, LLC | $111.3M incl. $468.1K options CALL | 4,001,948 | 0.01% | 2q | -37.5%-$66.8M |
| Charles Schwab Trust Co | $107.5M | 3,879,207 | 5.99% | 28q | +11.4%+$11.0M |
| Cambridge Investment Research Advisors, Inc. | $106.1M | 3,831,162 | 0.12% | 31q | +109.9%+$55.6M |
| BlueStem Wealth Partners, LLC | $105.8M | 3,819,433 | 10.53% | 7q | +57.4%+$38.6M |
| BENJAMIN EDWARDS INC | $104.7M | 3,779,494 | 0.95% | 29q | +6.1%+$6.0M |
| OSAIC HOLDINGS, INC. | $103.5M | 3,734,576 | 0.12% | 26q | +18.8%+$16.4M |
| Focus Partners Wealth | $97.1M | 3,505,556 | 0.10% | 11q | +10.5%+$9.2M |
| CHOREO, LLC | $96.2M | 3,474,533 | 1.06% | 42q | -1.7%-$1.7M |
| MML INVESTORS SERVICES, LLC | $92.5M | 3,341,132 | 0.19% | 31q | +25.8%+$19.0M |
| FOSTER & MOTLEY INC | $90.3M | 3,260,047 | 4.16% | 31q | +4.7%+$4.1M |
| Beacon Pointe Advisors, LLC | $87.9M | 3,171,782 | 0.41% | 31q | +1.5%+$1.3M |
| Truepoint, Inc. | $87.8M | 3,170,679 | 1.83% | 31q | -2.5%-$2.2M |
| AlphaCore Capital LLC | $85.9M | 3,101,086 | 1.58% | 6q | -4.8%-$4.4M |
| OARSMAN CAPITAL, INC. | $84.1M | 3,037,490 | 8.91% | 31q | +8.2%+$6.4M |
| ROYAL BANK OF CANADA | $81.0M | 2,922,796 | 0.01% | 31q | -1.2%-$955.4K |
| RAYMOND JAMES FINANCIAL INC | $73.9M | 2,668,192 | 0.02% | 7q | -1.4%-$1.0M |
| Corient Private Wealth LP | $69.5M | 2,507,780 | 0.10% | 15q | -86.9%-$460.9M |
| Waverly Advisors, LLC | $69.4M | 2,506,255 | 0.40% | 10q | -2.1%-$1.5M |
| Evergreen Advisors, LLC | $68.7M | 2,478,368 | 14.65% | 30q | HELD |
| TruNorth Capital Management, LLC | $66.0M | 2,384,300 | 10.61% | 10q | +8.0%+$4.9M |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC | $64.4M | 2,339,155 | 0.36% | 31q | -1.8%-$1.2M |
| Riverpoint Wealth Management Holdings, LLC | $64.3M | 2,322,186 | 11.82% | 31q | HELD |
| Bleakley Financial Group, LLC | $60.2M | 2,172,218 | 0.77% | 15q | +6.2%+$3.5M |
| Savant Capital, LLC | $58.2M | 2,196,815 | 0.17% | 31q | +135.2%+$33.5M |
| Modern Wealth Management, LLC | $57.6M | 2,079,859 | 0.69% | 6q | -5.0%-$3.0M |
| CITIZENS FINANCIAL GROUP INC/RI | $57.3M | 2,069,731 | 0.69% | 17q | +2.1%+$1.2M |
| Matrix Trust Co | $56.0M | 2,021,762 | 8.12% | 29q | HELD |
| MAI Capital Management | $54.6M | 1,969,550 | 0.21% | 23q | +3.2%+$1.7M |
| FINANCIAL CONSULATE, INC | $53.3M | 1,923,183 | 5.93% | 31q | +3.7%+$1.9M |
| PITTENGER & ANDERSON INC | $52.2M | 1,883,683 | 1.87% | 31q | HELD |
| AQR CAPITAL MANAGEMENT LLC | $51.9M | 1,874,736 | 0.02% | 11q | +15.2%+$6.9M |
| Visionary Wealth Advisors | $51.8M | 1,870,532 | 2.05% | 27q | HELD |
| Procyon Advisors, LLC | $51.6M | 1,861,283 | 2.22% | 27q | -1.5%-$801.7K |
| Rockefeller Capital Management L.P. | $50.9M | 1,835,929 | 0.08% | 29q | -0.6%-$310.0K |
| CAPITAL ADVISORS INC/OK | $49.8M | 1,798,968 | 0.73% | 31q | HELD |
| JPMORGAN CHASE & CO | $48.1M | 1,748,275 | 0.00% | 31q | +1.1%+$510.9K |
| Pacific Sage Partners, LLC | $47.9M | 1,728,851 | 6.80% | 15q | +3.3%+$1.5M |
| Goelzer Investment Management, Inc. | $47.4M | 1,711,363 | 2.07% | 15q | -5.6%-$2.8M |
| BlueSky Wealth Advisors, LLC | $46.2M | 1,668,792 | 5.35% | 9q | +6.8%+$2.9M |
| Forvis Mazars Wealth Advisors, LLC | $45.1M | 1,627,262 | 0.75% | 31q | -6.3%-$3.0M |
| Summit Asset Management, LLC | $44.5M | 1,607,026 | 5.70% | 31q | -0.7%-$328.8K |
| Operose Advisors LLC | $43.9M | 1,585,159 | 8.49% | 19q | +7.8%+$3.2M |
| Payne Capital Management, LLC | $43.5M | 1,570,302 | 11.60% | 7q | +2.1%+$885.0K |
| KAVAR CAPITAL PARTNERS GROUP, LLC | $42.6M | 1,538,803 | 5.25% | 23q | +3.8%+$1.6M |
| Perigon Wealth Management, LLC | $42.2M | 1,522,230 | 0.66% | 32q | +7.6%+$3.0M |
| COMMONWEALTH EQUITY SERVICES, LLC | $40.2M | 1,452,785 | 0.05% | 31q | +10.6%+$3.8M |
| HB Wealth Management, LLC | $39.8M | 1,435,447 | 0.22% | 19q | +1.6%+$608.7K |
| FSM Wealth Advisors, LLC | $39.2M | 1,413,552 | 4.17% | 17q | +11.8%+$4.1M |
| Persium Advisors, LLC | $38.5M | 1,390,488 | 25.12% | 7q | +1.2%+$454.8K |
| LCW Services, LLC | $36.9M | 1,333,313 | 16.08% | 3q | +4.0%+$1.4M |
| VOISARD ASSET MANAGEMENT GROUP, INC. | $36.9M | 1,330,742 | 6.97% | 11q | +2.0%+$705.9K |
| Farther Finance Advisors, LLC | $36.3M | 1,310,887 | 0.28% | 15q | +13.0%+$4.2M |
| GHP Investment Advisors, Inc. | $36.2M | 1,305,738 | 1.33% | 31q | +1.6%+$569.9K |
| JOHNSON INVESTMENT COUNSEL INC | $36.1M | 1,301,699 | 0.26% | 31q | +7.9%+$2.6M |
| BERKSHIRE ASSET MANAGEMENT LLC/PA | $35.3M | 1,273,951 | 1.38% | 31q | +4.8%+$1.6M |
| Avidian Wealth Enterprises, LLC | $35.2M | 1,270,732 | 0.97% | 19q | +0.7%+$245.9K |
| BIP Wealth, LLC | $35.0M | 1,264,724 | 0.99% | 7q | +3782.9%+$34.1M |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | $34.5M | 1,243,692 | 0.50% | 31q | +9.8%+$3.1M |
| Bangor Savings Bank | $34.2M | 1,236,006 | 2.52% | 31q | -0.9%-$305.0K |
| Courage Miller Partners, LLC | $34.0M | 1,228,357 | 8.98% | 31q | -1.1%-$362.9K |
Showing the largest 100 of 1,680 reported holders.
Q2 2026 in brief
In Q2 2026, 1,680 managers that file Form 13F reported holding Schwab Strategic Tr (SCHF), $39.8B in all. 142 managers opened a position and 76 sold out completely, against 1,614 holders the quarter before. Largest holders: Northwestern Mutual Wealth Management Co, Empower Advisory Group, Llc and Financial Engines Advisors L.L.C.. Largest new positions: Axxcess Wealth Management, Llc ($7.7M), Talisman Wealth Advisors Llc ($7.0M) and Cobblestone Asset Management Llc ($6.0M).
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 | 809 | $5.5B | 199,378,238 | 44 | 275 | 212 | 0.0% |
| Q2 2026 | 1,680 | $39.8B | 1,435,158,145 | 126 | 645 | 463 | 0.2% |
| Q1 2026 | 1,614 | $35.7B | 1,440,786,749 | 121 | 582 | 472 | 0.1% |
| Q4 2025 | 1,558 | $34.7B | 1,442,977,681 | 111 | 637 | 365 | 0.1% |
| Q3 2025 | 1,404 | $32.5B | 1,395,254,226 | 102 | 474 | 394 | 0.1% |
| Q2 2025 | 1,368 | $31.9B | 1,440,676,363 | 122 | 485 | 425 | 0.1% |
| Q1 2025 | 1,313 | $28.6B | 1,446,055,047 | 100 | 448 | 458 | 0.1% |
| Q4 2024 | 1,303 | $26.3B | 1,415,838,868 | 76 | 513 | 379 | 0.1% |
| Q3 2024 | 1,200 | $27.9B | 689,147,972 | 97 | 453 | 345 | 0.2% |
| Q2 2024 | 1,137 | $30.1B | 782,901,539 | 75 | 392 | 356 | 0.1% |
| Q1 2024 | 1,121 | $29.3B | 750,830,096 | 83 | 380 | 387 | 0.1% |
| Q4 2023 | 1,116 | $27.2B | 731,957,400 | 83 | 423 | 328 | 0.7% |
| Q3 2023 | 1,015 | $24.0B | 701,915,733 | 64 | 378 | 324 | 0.7% |
| Q2 2023 | 1,013 | $24.8B | 693,788,628 | 58 | 388 | 326 | 0.4% |
| Q1 2023 | 1,002 | $24.7B | 705,699,095 | 72 | 340 | 359 | 0.4% |
| Q4 2022 | 984 | $22.8B | 707,572,693 | 110 | 350 | 348 | 0.1% |
| Q3 2022 | 886 | $67.8B | 2,406,749,597 | 51 | 338 | 338 | 0.0% |
| Q2 2022 | 934 | $79.8B | 2,537,803,303 | 63 | 401 | 295 | 0.0% |
| Q1 2022 | 951 | $93.7B | 2,548,351,257 | 62 | 379 | 303 | 0.0% |
| Q4 2021 | 949 | $105.7B | 2,719,262,906 | 57 | 426 | 204 | 0.0% |
| Q3 2021 | 863 | $85.6B | 2,211,330,407 | 52 | 362 | 251 | 0.0% |
| Q2 2021 | 845 | $69.3B | 1,757,250,237 | 60 | 367 | 239 | 0.0% |
| Q1 2021 | 809 | $62.5B | 1,658,010,185 | 62 | 323 | 255 | 0.0% |
| Q4 2020 | 792 | $60.7B | 1,685,774,070 | 57 | 295 | 239 | 0.0% |
| Q3 2020 | 718 | $51.1B | 1,624,462,970 | 43 | 225 | 284 | 0.0% |
| Q2 2020 | 708 | $48.5B | 1,628,013,345 | 49 | 204 | 347 | 0.0% |
| Q1 2020 | 732 | $43.3B | 1,673,687,547 | 61 | 262 | 320 | 1.0% |
| Q4 2019 | 763 | $52.3B | 1,556,437,119 | 48 | 297 | 208 | 0.0% |
| Q3 2019 | 668 | $43.2B | 1,354,253,131 | 38 | 305 | 194 | 0.0% |
| Q2 2019 | 662 | $39.9B | 1,288,305,642 | 46 | 301 | 174 | 0.0% |
| Q1 2019 | 659 | $37.4B | 1,195,123,229 | 71 | 279 | 198 | 0.0% |
| Q4 2018 | 630 | $26.1B | 916,240,055 | 3 | 12 | 13 | 0.0% |