# EDGAR Filing Document

**Accession Number:** 0001454889
**File Stem:** 0001410368-26-017041
**Filing Date:** 2026-2
**Character Count:** 32074
**Document Hash:** 2292e27e24a8887cf0f3669b572a0e47
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-017041.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0001410368-26-017041

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHWAB STRATEGIC TRUST
- **CENTRAL INDEX KEY:** 0001454889

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** 549300NAZEQOIX80E226

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22311
- **FILM NUMBER:** 26669027

**BUSINESS ADDRESS:**
- **STREET 1:** 9800 SCHWAB WAY
- **CITY:** LONE TREE
- **STATE:** CO
- **ZIP:** 80124
- **BUSINESS PHONE:** 1-800-648-5300

**MAIL ADDRESS:**
- **STREET 1:** 9800 SCHWAB WAY
- **CITY:** LONE TREE
- **STATE:** CO
- **ZIP:** 80124

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Schwab Strategic Trust
- **DATE OF NAME CHANGE:** 20090127

## Series and Classes Contracts Data

### Schwab Crypto Thematic ETF (Series ID: S000076371)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000236174 | Schwab Crypto Thematic ETF | STCE            |

## Nport-Ex

Schwab Strategic Trust

Schwab Crypto Thematic ETF

------

**Portfolio Holdings** as of December 31, 2025 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**The Schwab Crypto Thematic ETF will not invest in any cryptocurrency or digital asset directly.** The fund invests in companies listed in the Schwab Crypto Thematic Index and is designed to deliver global exposure to companies that may benefit from the development or utilization of cryptocurrencies (including bitcoin) and other digital assets, and the business activities connected to blockchain and other distributed ledger technology. The Schwab Crypto Thematic ETF is non-diversified, which means that in may invest in the securities of relatively few issuers. As a result, a single adverse economic or regulatory occurrence may have a more significant effect on the fund`s investments, and the fund may experience increased volatility.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **COMMON STOCKS** 100.0% OF NET ASSETS | **COMMON STOCKS** 100.0% OF NET ASSETS | **COMMON STOCKS** 100.0% OF NET ASSETS |
| **Australia 4.6%** | **Australia 4.6%** | **Australia 4.6%** |
| IREN Ltd. \* | 297125 | **11222411** |
| **Canada 11.2%** | **Canada 11.2%** | **Canada 11.2%** |
| Bitfarms Ltd. \* | 3710128 | 8718801 |
| Defi Technologies, Inc. \**(a)* | 7329284 | 5530678 |
| Hive Digital Technologies Ltd. \* | 5187363 | 13383396 |
|  |  | **27632875** |
| **China 3.4%** | **China 3.4%** | **China 3.4%** |
| Canaan, Inc., ADR \* | 12132886 | **8371691** |
| **Japan 3.5%** | **Japan 3.5%** | **Japan 3.5%** |
| GMO internet group, Inc.  | 111876 | 2796454 |
| Monex Group, Inc.  | 626030 | 2919569 |
| SBI Holdings, Inc.  | 140870 | 3033183 |
|  |  | **8749206** |
| **Norway 1.2%** | **Norway 1.2%** | **Norway 1.2%** |
| Opera Ltd., ADR  | 205753 | **2913463** |
| **United Kingdom 1.6%** | **United Kingdom 1.6%** | **United Kingdom 1.6%** |
| IG Group Holdings PLC  | 217927 | **3854563** |
| **United States 74.5%** | **United States 74.5%** | **United States 74.5%** |
| American Bitcoin Corp., Class A \**(a)* | 2984001 | 5072802 |
| Applied Digital Corp. \* | 148456 | 3640141 |
| BGC Group, Inc., Class A  | 343267 | 3065374 |
| Bit Digital, Inc. \* | 4426832 | 8366713 |
| Bitdeer Technologies Group, Class A \* | 1357015 | 15212138 |
| BitMine Immersion Technologies, Inc.  | 307513 | 8348978 |
| Block, Inc. \* | 70171 | 4567430 |
| Bullish \**(a)* | 249823 | 9460797 |
| Cboe Global Markets, Inc.  | 11601 | 2911851 |
| Cipher Mining, Inc. \* | 915382 | 13511038 |
| Cleanspark, Inc. \* | 998896 | 10108828 |
| CME Group, Inc.  | 10612 | 2897925 |
| Coinbase Global, Inc., Class A \* | 39109 | 8844109 |
| Core Scientific, Inc. \* | 642217 | 9350680 |
| Customers Bancorp, Inc. \* | 40124 | 2933867 |
| Galaxy Digital, Inc., Class A \* | 599902 | 13413809 |
| Hut 8 Corp. \* | 283585 | 13027895 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Interactive Brokers Group, Inc., Class A  | 84758 | 5450787 |
| MARA Holdings, Inc. \* | 845053 | 7588576 |
| PayPal Holdings, Inc.  | 52092 | 3041131 |
| Riot Platforms, Inc. \* | 583854 | 7397430 |
| Robinhood Markets, Inc., Class A \* | 59294 | 6706151 |
| Semler Scientific, Inc. \* | 392504 | 6001386 |
| Strategy, Inc., Class A \* | 57334 | 8711901 |
| WisdomTree, Inc.  | 319539 | 3895181 |
|  |  | **183526918** |
| **Total Common Stocks**<br> **(Cost $269,646,491)** | **Total Common Stocks**<br> **(Cost $269,646,491)** | **246271127** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENTS** 7.1% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 7.1% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 7.1% OF NET ASSETS |
| **Money Market Funds 7.1%** | **Money Market Funds 7.1%** | **Money Market Funds 7.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional U.S. Government <br> Money Market Fund, Premier Class <br> 3.74% *(b)*<br>| 132799 | 132799 |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional U.S. Government <br> Money Market Fund, Premier Class <br> 3.74% *(b)(c)*<br>| 17397450 | 17397450 |
|  |  | **17530249** |
| **Total Short-Term Investments**<br> **(Cost $17,530,249)** | **Total Short-Term Investments**<br> **(Cost $17,530,249)** | **17530249** |
| **Total Investments in Securities**<br> **(Cost $287,176,740)** | **Total Investments in Securities**<br> **(Cost $287,176,740)** | **263801376** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | NUMBER OF<br> CONTRACTS<br>| NOTIONAL<br> AMOUNT<br> ($)<br>| CURRENT VALUE/<br> UNREALIZED<br> DEPRECIATION<br> ($)<br>|
| **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** |
| **Long** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Russell 2000 Index, e-mini, <br> expires 03/20/26<br>| 1 | 124900 | **(3781)**<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Non-income producing security.

*(a)* All or a portion of this security is on loan. Securities on loan were valued at $15,208,424. 

*(b)* The rate shown is the annualized 7-day yield.

*(c)* Security purchased with cash collateral received for securities on loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

ADR — American Depositary Receipt

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

**1**

------

Schwab Crypto Thematic ETF

**Portfolio Holdings** (Unaudited) continued

------

The following is a summary of the inputs used to value the fund's investments as of December 31, 2025 (see notes to portfolio holdings for additional information):

---

| | | | | |
|:---|:---|:---|:---|:---|
| DESCRIPTION | QUOTED PRICES IN<br> ACTIVE MARKETS FOR<br> IDENTICAL ASSETS<br> (LEVEL 1)<br>| &nbsp;&nbsp; OTHER SIGNIFICANT<br> OBSERVABLE INPUTS<br> (LEVEL 2)<br>| &nbsp;&nbsp; SIGNIFICANT<br> UNOBSERVABLE INPUTS<br> (LEVEL 3)<br>| TOTAL |
| **Assets** |  |  |  |  |
| Common Stocks<sup>1</sup> <br>| $246271127 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $246271127 |
| Short-Term Investments<sup>1</sup> <br>| 17530249 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 17530249 |
| **Liabilities** |  |  |  |  |
| Futures Contracts<sup>2</sup> <br>| (3781)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (3781)<br>|
| **Total** | **$263797595** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$263797595** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> As categorized in the Portfolio Holdings. <br> <sup>2</sup> Futures contracts are reported at cumulative unrealized appreciation or depreciation.

**2**

------

Schwab Crypto Thematic ETF

**Notes to Portfolio Holdings (Unaudited)** 

------

Pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (1940 Act), the Board of Trustees has designated authority to a Valuation Designee, the fund's investment adviser, to make fair valuation determinations under adopted procedures, subject to Board of Trustees oversight. The investment adviser has formed a Pricing Committee to administer the pricing and valuation of portfolio securities and other assets and liabilities as well as to ensure that prices used for internal purposes or provided by third parties reasonably reflect fair value. The Valuation Designee may utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value.

Securities held in the fund's portfolio are valued every business day. The following valuation policies and procedures are used by the Valuation Designee to value various types of securities:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **Securities traded on an exchange or over-the-counter:** Traded securities are valued at the closing value for the day, or, on days when no closing value has been reported, at the mean of the most recent bid and ask quotes. Securities that are primarily traded on foreign exchanges are valued at the official closing price or the last sales price on the exchange where the securities are principally traded with these values then translated into U.S. dollars at the current exchange rate, unless these securities are fair valued as discussed below.

&nbsp;&nbsp;&nbsp;&nbsp;● **Mutual funds:** Mutual funds are valued at their respective net asset values.

&nbsp;&nbsp;&nbsp;&nbsp;● **Futures contracts:** Futures contracts are valued at their settlement prices as of the close of their exchanges.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **Securities for which no quoted value is available:** The Valuation Designee has adopted procedures to fair value the fund's securities when market prices are not "readily available" or are unreliable. For example, a security may be fair valued when it's de-listed or its trading is halted or suspended; when a security's primary pricing source is unable or unwilling to provide a price; or when a security's primary trading market is closed during regular market hours. Fair value determinations are made in good faith in accordance with adopted valuation procedures. The Valuation Designee considers a number of factors, including unobservable market inputs, when arriving at fair value. The Valuation Designee may employ methods such as the review of related or comparable assets or liabilities, related market activities, recent transactions, market multiples, book values, transactional back-testing, disposition analysis and other relevant information. Due to the subjective and variable nature of fair value pricing, there can be no assurance that the fund could obtain the fair value assigned to the security upon the sale of such security.

In accordance with the authoritative guidance on fair value measurements and disclosures under generally accepted accounting principles in the United States of America (GAAP), the fund discloses the fair value of its investments in a hierarchy that prioritizes the significant inputs to valuation methods used to measure the fair value. The hierarchy gives the highest priority to valuations based upon unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to valuations based upon unobservable inputs that are significant to the valuation (Level 3 measurements). If inputs used to measure the financial instruments fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the valuation. If it is determined that either the volume and/or level of activity for an asset or liability has significantly decreased (from normal conditions for that asset or liability) or price quotations or observable inputs are not associated with orderly transactions, increased analysis and the Valuation Designee's judgment will be required to estimate fair value.

The three levels of the fair value hierarchy are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 — quoted prices in active markets for identical investments — Investments whose values are based on quoted market prices in active markets. These generally include active listed equities, mutual funds, exchange-traded funds and futures contracts. Mutual funds and exchange-traded funds are classified as Level 1 prices, without consideration to the classification level of the underlying securities held which could be Level 1, Level 2, or Level 3 in the fair value hierarchy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 — other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) — Investments that trade in markets that are not considered to be active, but whose values are based on quoted market prices, dealer quotations or valuations provided by alternative pricing sources supported by observable inputs are classified as Level 2 prices. These generally include forward foreign currency exchange contracts, U.S. government and sovereign obligations, most government agency securities, investment-grade corporate bonds, certain mortgage products, less liquid listed equities, and state, municipal and provincial obligations. In the event that international securities whose foreign exchanges have halted or suspended trading prior to the normal exchange close, the Valuation Designee may fair value securities whose prices may have been affected by those events. The Valuation Designee seeks to establish prices that investors might expect to realize upon the current sales of these securities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 — significant unobservable inputs (including the Valuation Designee's assumptions in determining the fair value of investments) — Investments whose values are classified as Level 3 prices have significant unobservable inputs, as they may trade infrequently or not at all. When observable prices are not readily available for these securities, one or more valuation methods are used for which sufficient and reliable data is available. The inputs used in estimating the value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets, completed or pending

**3**

------

Schwab Crypto Thematic ETF

**Notes to Portfolio Holdings (Unaudited) (continued)**

------

third-party transactions in the underlying investment or comparable issuers, and changes in financial ratios or cash flows. Level 3 prices may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated in the absence of market information. Assumptions used due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund's results of operations.

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The levels associated with valuing the fund's investments as of December 31, 2025, are disclosed in the fund's Portfolio Holdings.

REG120259DEC25

**4**

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** SCHWAB STRATEGIC TRUST

- **b. Investment Company Act file number:** 811-22311

- **c. CIK number of Registrant:** 0001454889

- **d. LEI of Registrant:** 549300NAZEQOIX80E226

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 9800 Schwab Way

  - **City:** Lone Tree

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80124

  - **Telephone number:** 800-648-5300

**Item A.2. Information about the Series.**

- **a. Name of Series:** Schwab Crypto Thematic ETF

- **b. EDGAR series identifier (if any):** S000076371

- **c. LEI of Series:** 549300EPEZERMIWD3885

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $259967217.22

**Total Liabilities:** $13569256.34

**Net Assets:** $246397960.88

**Cash Not Reported:** $50975.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000236174 | 18.19%               | -18.23%              | -19.47%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1446.64                 | $45043990.77                               |
| Month 2  | $3755879.67              | $-72381450.14                              |
| Month 3  | $4876377.06              | $-62171281.12                              |

### Schedule of Portfolio Investments

| Name                                                       | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Bitcoin Corp                                      | American Bitcoin Corp                                      | CUSIP: 02462A104<br>LEI: 25490076V1MQTR95P592 | Long             | EC               | CORP              | US        |   2984001 | NS      | $5072801.70   | 2.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Applied Digital Corp                                       | Applied Digital Corp                                       | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |    148456 | NS      | $3640141.12   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC Group Inc                                              | BGC Group Inc                                              | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |    343267 | NS      | $3065374.31   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Bitfarms Ltd/Canada                                        | Bitfarms Ltd/Canada                                        | CUSIP: 09173B107<br>LEI: 254900YWMA64Y1RPNJ12 | Long             | EC               | CORP              | CA        |   3710128 | NS      | $8718800.80   | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BitMine Immersion Technologies Inc                         | BitMine Immersion Technologies Inc                         | CUSIP: 09175A206<br>LEI: 254900TGJJ1D9JNAQT27 | Long             | EC               | CORP              | US        |    307513 | NS      | $8348977.95   | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc                                    | Cboe Global Markets Inc                                    | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     11601 | NS      | $2911851.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                                              | CME Group Inc                                              | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     10612 | NS      | $2897924.96   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Canaan Inc                                                 | Canaan Inc                                                 | CUSIP: 134748102<br>LEI: 254900OEOGK9ALNMUN24 | Long             | EC               | CORP              | KY        |  12132886 | NS      | $8371691.34   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cipher Mining Inc                                          | Cipher Mining Inc                                          | CUSIP: 17253J106<br>LEI: 254900QABG5HCQZ28A17 | Long             | EC               | CORP              | US        |    915382 | NS      | $13511038.32  | 5.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleanspark Inc                                             | Cleanspark Inc                                             | CUSIP: 18452B209<br>LEI: 254900VO7KBRJQDGY810 | Long             | EC               | CORP              | US        |    998896 | NS      | $10108827.52  | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                                        | Coinbase Global Inc                                        | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |     39109 | NS      | $8844109.26   | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Scientific Inc                                        | Core Scientific Inc                                        | CUSIP: 21874A106<br>LEI: 5299003RGB2LAZ65RK73 | Long             | EC               | CORP              | US        |    642217 | NS      | $9350679.52   | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc                                      | Customers Bancorp Inc                                      | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     40124 | NS      | $2933866.88   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Defi Technologies Inc                                      | Defi Technologies Inc                                      | CUSIP: 244916102<br>LEI: 5299001HQSUZC5GLA504 | Long             | EC               | CORP              | CA        |   7329284 | NS      | $5530677.71   | 2.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Galaxy Digital Inc                                         | Galaxy Digital Inc                                         | CUSIP: 36317J209<br>LEI: 9845001C4070E5N07806 | Long             | EC               | CORP              | US        |    599902 | NS      | $13413808.72  | 5.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Hive Digital Technologies Ltd                              | Hive Digital Technologies Ltd                              | CUSIP: 433921103<br>LEI: 5493004QCZ1QBI9FS784 | Long             | EC               | CORP              | CA        |   5187363 | NS      | $13383396.54  | 5.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Hut 8 Corp                                                 | Hut 8 Corp                                                 | CUSIP: 44812J104<br>LEI: 98450066FEF9C1D3FC20 | Long             | EC               | CORP              | US        |    283585 | NS      | $13027894.90  | 5.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc                              | Interactive Brokers Group Inc                              | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     84758 | NS      | $5450786.98   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MARA Holdings Inc                                          | MARA Holdings Inc                                          | CUSIP: 565788106<br>LEI: 549300M8ISKPTX2W7F94 | Long             | EC               | CORP              | US        |    845053 | NS      | $7588575.94   | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategy Inc                                               | Strategy Inc                                               | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |     57334 | NS      | $8711901.30   | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| GMO internet group Inc                                     | GMO internet group Inc                                     | CUSIP: 000000000<br>LEI: 529900BFZEY3BESHBW90 | Long             | EC               | CORP              | JP        |    111876 | NS      | $2796453.91   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SBI Holdings Inc                                           | SBI Holdings Inc                                           | CUSIP: 000000000<br>LEI: 353800L6LMHYIPSMRQ17 | Long             | EC               | CORP              | JP        |    140870 | NS      | $3033182.88   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Opera Ltd                                                  | Opera Ltd                                                  | CUSIP: 68373M107<br>LEI: 5493001ULS7KDNNZ3W51 | Long             | EC               | CORP              | KY        |    205753 | NS      | $2913462.48   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                                        | PayPal Holdings Inc                                        | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     52092 | NS      | $3041130.96   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Riot Platforms Inc                                         | Riot Platforms Inc                                         | CUSIP: 767292105<br>LEI: 5299005LKZAJQDQZDF73 | Long             | EC               | CORP              | US        |    583854 | NS      | $7397430.18   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                                      | Robinhood Markets Inc                                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     59294 | NS      | $6706151.40   | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US Government Money Market Fund | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |    132799 | NS      | $132798.53    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Semler Scientific Inc                                      | Semler Scientific Inc                                      | CUSIP: 81684M104<br>LEI: 549300ZHL16S29QTW485 | Long             | EC               | CORP              | US        |    392504 | NS      | $6001386.16   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                                  | Block Inc                                                  | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     70171 | NS      | $4567430.39   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US Government Money Market Fund | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  17397450 | NS      | $17397450.00  | 7.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WisdomTree Inc                                             | WisdomTree Inc                                             | CUSIP: 97717P104<br>LEI: 549300WIU8IS7UFO7871 | Long             | EC               | CORP              | US        |    319539 | NS      | $3895180.41   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                | E-MINI RUSS 2000 MAR26                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         1 | NC      | $-3781.34     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Monex Group Inc                                            | Monex Group Inc                                            | CUSIP: 000000000<br>LEI: 353800SGXKLYGPUJ4648 | Long             | EC               | CORP              | JP        |    626030 | NS      | $2919569.56   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| IG Group Holdings PLC                                      | IG Group Holdings PLC                                      | CUSIP: 000000000<br>LEI: 2138003A5Q1M7ANOUD76 | Long             | EC               | CORP              | GB        |    217927 | NS      | $3854562.54   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Bitdeer Technologies Group                                 | Bitdeer Technologies Group                                 | CUSIP: 000000000<br>LEI: 2549007M2KGWVJ9XFP20 | Long             | EC               | CORP              | KY        |   1357015 | NS      | $15212138.15  | 6.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Bit Digital Inc                                            | Bit Digital Inc                                            | CUSIP: 000000000<br>LEI: 2549005XLPRWS7HWCM31 | Long             | EC               | CORP              | KY        |   4426832 | NS      | $8366712.48   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Bullish                                                    | Bullish                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    249823 | NS      | $9460797.01   | 3.84%             |  |  |  | No            |                  1 | On Loan: —       |
| IREN Ltd                                                   | IREN Ltd                                                   | CUSIP: 000000000<br>LEI: 254900FZF02RB3NNGB71 | Long             | EC               | CORP              | AU        |    297125 | NS      | $11222411.25  | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-29

**Name of Applicant:** SCHWAB STRATEGIC TRUST

**Signature:** Dana Smith

**Name of Signer:** Dana Smith

**Title:** CFO