Vault-13

INNOVATOR ETFS TRUST BMAY

US EQTY BUFR MAY · ETP · CUSIP 45782C326

85 institutional holders -1 vs Q4 2025
2,245,9032.2m shares reported held*
$100.8mreported value*
8 new 5 added 38 reduced 9 sold out net sold ≈ $2.1m (-46.2k 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. Holder counts are more reliable. Implied quarter-end price ≈ $44.89.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 72Q4 22: 76Q1 23: 75Q2 23: 81Q3 23: 77Q4 23: 79Q1 24: 82Q2 24: 80Q3 24: 82Q4 24: 84Q1 25: 78Q2 25: 88Q3 25: 84Q4 25: 86Q1 26: 8585Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202272
Q4 202276
Q1 202375
Q2 202381
Q3 202377
Q4 202379
Q1 202482
Q2 202480
Q3 202482
Q4 202484
Q1 202578
Q2 202588
Q3 202584
Q4 202586
Q1 202685

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 24: 36 bought or addedQ2 24: 34 cut or sold outQ3 24: 19 bought or addedQ3 24: 39 cut or sold outQ3 24Q4 24: 10 bought or addedQ4 24: 41 cut or sold outQ1 25: 14 bought or addedQ1 25: 44 cut or sold outQ1 25Q2 25: 39 bought or addedQ2 25: 27 cut or sold outQ3 25: 15 bought or addedQ3 25: 44 cut or sold outQ3 25Q4 25: 16 bought or addedQ4 25: 44 cut or sold outQ1 26: 13 bought or addedQ1 26: 47 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20243634
Q3 20241939
Q4 20241041
Q1 20251444
Q2 20253927
Q3 20251544
Q4 20251644
Q1 20261347

Biggest buyers

Penserra Capital Management LLC Added +45,522+45.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +23,421+23.4k
GOLDMAN SACHS GROUP INC New +22,673+22.7k
OLD MISSION CAPITAL LLC New +21,191+21.2k
Private Advisor Group, LLC New +20,617+20.6k
Advisor OS, LLC New +11,953+12.0k
JPMORGAN CHASE & CO Added +7,102+7.1k
Advisory Services Network, LLC New +2,216+2.2k
Beacon Pointe Advisors, LLC Added +1,856+1.9k
Ashton Thomas Private Wealth, LLC New +731+731

Biggest sellers

Collaborative Wealth Managment Inc. Sold out -40,505-40.5k
OSAIC HOLDINGS, INC. Reduced -30,601-30.6k
MML INVESTORS SERVICES, LLC Reduced -16,830-16.8k
INTEGRITY ALLIANCE, LLC. Reduced -13,929-13.9k
Maltin Wealth Management, Inc. Reduced -12,771-12.8k
Arete Wealth Advisors, LLC Sold out -11,953-12.0k
BCS Wealth Management Sold out -8,982-9.0k
HighTower Advisors, LLC Reduced -8,212-8.2k
Secure Asset Management, LLC Sold out -8,083-8.1k
Kestra Advisory Services, LLC Reduced -6,806-6.8k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Brookstone Capital Management 13G · institution new · filed 2026-06-03 18.7% new 924.3k≈ $43.8m 2026-06-03

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Penserra Capital Management LLC 0.24% of their portfolio ORINDA, CA 455,430455.4k $20.4m $20.4m 0.24% Added +45.5k +45,522
2 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 208,644208.6k $9.4m $9.4m 0.00% Reduced -456 -456
3 Valtinson Bruner Financial Planning LLC 2.42% of their portfolio NEW BRIGHTON, MN 196,415196.4k $8.8m $8.8m 2.42% Reduced -4.3k -4,348
4 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 109,032109.0k $4.9m $4.9m 0.01% Reduced -655 -655
5 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 96,98197.0k $4.4m $4.4m 0.01% Reduced -250 -250
6 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 86,52386.5k $3.9m $3.9m 0.01% Reduced -30.6k -30,601
7 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.44% of their portfolio BLUE BELL, PA 68,25068.2k $3.1m $3.1m 0.44% Reduced -817 -817
8 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 55,77555.8k $2.5m $2.5m 0.00% Reduced -4.5k -4,523
9 Focus Financial Network, Inc. 0.07% of their portfolio MINNEAPOLIS, MN 43,85843.9k $2.0m $2.0m 0.07% Unchanged
10 BECK CAPITAL MANAGEMENT, LLC 0.42% of their portfolio AUSTIN, TX 41,00141.0k $1.8m $1.8m 0.42% Reduced -421 -421
11 INTEGRAL INVESTMENT ADVISORS, INC. 0.42% of their portfolio TURLOCK, CA 37,47837.5k $1.7m $1.7m 0.42% Unchanged
12 TopTier Wealth Management, LLC 1.02% of their portfolio MUSKEGO, WI 36,85036.9k $1.7m $1.7m 1.02% Reduced -22 -22
13 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 34,29234.3k $1.5m $1.5m 0.00% Reduced -5.5k -5,543
14 Spire Wealth Management 0.05% of their portfolio MCLEAN, VA 32,48332.5k $1.5m $1.5m 0.05% Added +5 +5
15 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 30,34230.3k $1.4m $1.4m 0.01% Reduced -6.8k -6,806
16 Chicago Partners Investment Group LLC 0.03% of their portfolio CHICAGO, IL 29,15929.2k $1.3m $1.3m 0.03% Reduced -2.1k -2,105
17 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 27,68927.7k $1.2m $1.2m 0.00% Reduced -16.8k -16,830
18 SIGNATUREFD, LLC 0.02% of their portfolio ATLANTA, GA 27,31327.3k $1.2m $1.2m 0.02% Unchanged
19 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 23,67623.7k $1.1m $1.1m 0.00% Reduced -8.2k -8,212
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 23,42123.4k $1.1m $1.1m 0.00% New
21 Fragasso Financial Advisors Inc 0.06% of their portfolio SEWICKLEY, PA 22,96423.0k $1.0m $1.0m 0.06% Reduced -69 -69
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 22,67322.7k $1.0m $1.0m 0.00% New
23 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 21,19121.2k $950.9k $950.9k 0.02% New
24 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 20,61720.6k $925.1k $925.1k 0.00% New
25 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 20,26220.3k $909.2k $909.2k 0.00% Reduced -389 -389
26 DHJJ Financial Advisors, Ltd. 0.30% of their portfolio NAPERVILLE, IL 20,19220.2k $906.1k $906.1k 0.30% Reduced -440 -440
27 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 19,47819.5k $874.0k $874.0k 0.00% Reduced -65 -65
28 Lantz Financial LLC 0.18% of their portfolio NAPERVILLE, IL 19,01019.0k $853.0k $853.0k 0.18% Reduced -26 -26
29 Outlook Wealth Advisors, LLC 0.20% of their portfolio SHENANDOAH, TX 18,30018.3k $821.2k $821.2k 0.20% Unchanged
30 WPWealth LLP 0.12% of their portfolio FORT WORTH, TX 16,78216.8k $753.1k $753.1k 0.12% Unchanged
31 Weaver Capital Management LLC 0.16% of their portfolio SUWANEE, GA 16,73516.7k $751.0k $751.0k 0.16% Unchanged
32 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 15,93815.9k $715.2k $715.2k 0.00% Added +1.9k +1,856
33 GILL CAPITAL PARTNERS, LLC 0.19% of their portfolio DENVER, CO 14,83514.8k $665.7k $665.7k 0.19% Unchanged
34 Optimist Retirement Group LLC 0.29% of their portfolio BELLEVUE, WA 14,73514.7k $661.2k $661.2k 0.29% Reduced -319 -319
35 Weaver Consulting Group 0.15% of their portfolio HUNTINGTON BEACH, CA 14,31014.3k $642.1k $642.1k 0.15% Unchanged
36 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 13,74713.7k $616.9k $616.9k 0.01% Reduced -97 -97
37 INTEGRITY ALLIANCE, LLC. 0.02% of their portfolio Urbandale, IA 13,71813.7k $615.6k $615.6k 0.02% Reduced -13.9k -13,929
38 Maltin Wealth Management, Inc. 0.23% of their portfolio RIDGEWOOD, NJ 13,41413.4k $601.9k $601.9k 0.23% Reduced -12.8k -12,771
39 Allegiance Financial Group Advisory Services LLC 0.12% of their portfolio VIENNA, VA 13,11413.1k $588.5k $588.5k 0.12% Unchanged
40 COFG Advisors, LLC 0.14% of their portfolio OAK BROOK, IL 12,95413.0k $581.3k $581.3k 0.14% Unchanged
41 My Personal CFO, LLC 0.25% of their portfolio VANCOUVER, WA 12,80012.8k $574.4k $574.4k 0.25% Reduced -200 -200
42 Retirement Planning Group, LLC 0.02% of their portfolio LEAWOOD, KS 12,41512.4k $557.1k $557.1k 0.02% Unchanged
43 Advisor OS, LLC 0.04% of their portfolio CHICAGO, IL 11,95312.0k $536.4k $536.4k 0.04% New
44 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 11,36911.4k $510.2k $510.2k 0.00% Reduced -1.4k -1,350
45 Arax Advisory Partners 0.01% of their portfolio NEW YORK, NY 11,23611.2k $504.2k $504.2k 0.01% Unchanged
46 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 11,09211.1k $498.0k $498.0k 0.00% Reduced -331 -331
47 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 11,08811.1k $498.0k $498.0k 0.00% Unchanged
48 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 10,60010.6k $475.7k $475.7k 0.01% Reduced -170 -170
49 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 10,52410.5k $472.2k $472.2k 0.01% Unchanged
50 First Commonwealth Financial Corp /PA/ 0.07% of their portfolio Indiana, PA 9,7639.8k $438.1k $438.1k 0.07% Reduced -135 -135
51 Orion Capital Management LLC 0.13% of their portfolio CORONADO, CA 8,7008.7k $390.4k $390.4k 0.13% Unchanged
52 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 7,5807.6k $340.1k $340.1k 0.00% Unchanged
53 Stratos Wealth Advisors, LLC 0.02% of their portfolio BEACHWOOD, OH 7,5057.5k $336.8k $336.8k 0.02% Reduced -2.0k -1,995
54 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 7,3537.4k $330.0k $330.0k 0.01% Reduced -392 -392
55 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 7,2907.3k $321.3k $321.3k 0.00% Added +7.1k +7,102
56 Kathmere Capital Management, LLC 0.02% of their portfolio WAYNE, PA 6,9727.0k $312.9k $312.9k 0.02% Reduced -35 -35
57 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 6,9707.0k $312.8k $312.8k 0.00% Reduced -306 -306
58 Bluesphere Advisors LLC 0.11% of their portfolio EAST NORRITON, PA 6,7966.8k $305.0k $305.0k 0.11% Unchanged
59 Soltis Investment Advisors LLC 0.02% of their portfolio ST. GEORGE, UT 6,5576.6k $294.2k $294.2k 0.02% Unchanged
60 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 6,2836.3k $281.9k $281.9k 0.01% Reduced -2.0k -1,955
61 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.02% of their portfolio FORT WAYNE, IN 6,1236.1k $274.8k $274.8k 0.02% Unchanged
62 CENTRAL VALLEY ADVISORS, LLC 0.07% of their portfolio SACRAMENTO, CA 5,6705.7k $254.4k $254.4k 0.07% Unchanged
63 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 5,6675.7k $254.3k $254.3k 0.00% Unchanged
64 FSA Advisors, Inc. 0.15% of their portfolio TROY, MI 5,2315.2k $234.7k $234.7k 0.15% Reduced -206 -206
65 Foundations Investment Advisors, LLC 0.00% of their portfolio PHOENIX, AZ 4,9404.9k $221.7k $221.7k 0.00% Reduced -62 -62
66 Ballast Rock Private Wealth LLC 0.11% of their portfolio CHARLESTON, SC 4,4924.5k $201.6k $201.6k 0.11% Reduced -294 -294
67 Annis Gardner Whiting Capital Advisors, LLC 0.02% of their portfolio TAMPA, FL 2,2652.3k $101.6k $101.6k 0.02% Unchanged
68 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 2,2162.2k $99.4k $99.4k 0.00% New
69 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,0552.1k $92.2k $92.2k 0.00% Added +40 +40
70 Integrity Financial Corp /WA 0.04% of their portfolio JACKSON, WY 1,6291.6k $73.1k $73.1k 0.04% Unchanged
71 Nalls Sherbakoff Group, LLC 0.05% of their portfolio KNOXVILLE, TN 1,6001.6k $71.8k $71.8k 0.05% Unchanged
72 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,5001.5k $67.3k $67.3k 0.00% Unchanged
73 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,1011.1k $49.4k $49.4k 0.00% Reduced -1.0k -1,000
74 Keating Financial Advisory Services, Inc. 0.01% of their portfolio MANHATTAN, KS 938938 $42.1k $42.1k 0.01% Unchanged
75 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 824824 $37.0k $37.0k 0.00% Unchanged
76 CHAPMAN FINANCIAL GROUP, LLC 0.03% of their portfolio KAILUA, HI 800800 $35.9k $35.9k 0.03% Unchanged
77 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 750750 $34.0k $34.0k 0.00% Unchanged
78 Ashton Thomas Private Wealth, LLC 0.00% of their portfolio SCOTTSDALE, AZ 731731 $32.8k $32.8k 0.00% New
79 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 700700 $31.4k $31.4k 0.00% Unchanged
80 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 553553 $24.8k $24.8k 0.00% Reduced -3.2k -3,155
81 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 517517 $23.2k $23.2k 0.00% New
82 GILPIN WEALTH MANAGEMENT, LLC 0.02% of their portfolio DENVER, CO 500500 $22.4k $22.4k 0.02% Unchanged
83 RED REEF ADVISORS LLC 0.01% of their portfolio BOCA RATON, FL 290290 $13.0k $13.0k 0.01% Unchanged
84 Financial Network Wealth Advisors LLC 0.01% of their portfolio MURRAY, UT 272272 $12.2k $12.2k 0.01% Unchanged
85 Pinnacle Wealth Planning Services, Inc. 0.00% of their portfolio MANSFIELD, OH 112112 $5.0k $5.0k 0.00% Unchanged