Vault-13

INNOVATOR ETFS TRUST KAPR

US SML CP PWR ET · ETP · CUSIP 45782C342

101 institutional holders +2 vs Q1 2025
3,944,1503.9m shares reported held*
$127.8mreported value*
16 new 36 added 25 reduced 14 sold out net sold ≈ $5.8m (-179.4k 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 ≈ $32.41.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 50Q4 22: 54Q1 23: 57Q2 23: 83Q3 23: 75Q4 23: 84Q1 24: 73Q2 24: 94Q3 24: 93Q4 24: 103Q1 25: 99Q2 25: 101101Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202250
Q4 202254
Q1 202357
Q2 202383
Q3 202375
Q4 202384
Q1 202473
Q2 202494
Q3 202493
Q4 2024103
Q1 202599
Q2 2025101

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 22 bought or addedQ3 23: 38 cut or sold outQ4 23: 24 bought or addedQ4 23: 38 cut or sold outQ4 23Q1 24: 16 bought or addedQ1 24: 46 cut or sold outQ2 24: 68 bought or addedQ2 24: 17 cut or sold outQ2 24Q3 24: 43 bought or addedQ3 24: 40 cut or sold outQ4 24: 28 bought or addedQ4 24: 43 cut or sold outQ4 24Q1 25: 30 bought or addedQ1 25: 49 cut or sold outQ2 25: 52 bought or addedQ2 25: 39 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232238
Q4 20232438
Q1 20241646
Q2 20246817
Q3 20244340
Q4 20242843
Q1 20253049
Q2 20255239

Biggest buyers

JANE STREET GROUP, LLC New +454,632+454.6k
Cetera Investment Advisers Added +354,329+354.3k
Berkshire Money Management, Inc. New +101,740+101.7k
AVALON CAPITAL MANAGEMENT New +92,851+92.9k
OSAIC HOLDINGS, INC. Added +84,440+84.4k
RED CRANE WEALTH MANAGEMENT, LLC Added +81,169+81.2k
Onyx Bridge Wealth Group LLC New +62,729+62.7k
RAYMOND JAMES FINANCIAL INC Added +35,184+35.2k
Kestra Advisory Services, LLC Added +33,548+33.5k
Advisory Services Network, LLC New +27,843+27.8k

Biggest sellers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -828,444-828.4k
Allworth Financial LP Reduced -658,502-658.5k
Valtinson Bruner Financial Planning LLC Reduced -70,551-70.6k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -35,756-35.8k
Cambridge Investment Research Advisors, Inc. Reduced -15,052-15.1k
GTS SECURITIES LLC Sold out -13,783-13.8k
CITADEL ADVISORS LLC Sold out -13,438-13.4k
HBW ADVISORY SERVICES LLC Sold out -12,951-13.0k
TOWNSQUARE CAPITAL LLC Sold out -12,305-12.3k
Virtue Capital Management, LLC Sold out -10,396-10.4k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 513,384513.4k $16.6m $16.6m 0.03% Added +354.3k +354,329
2 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 454,632454.6k $14.7m $14.7m 0.02% New
3 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 274,224274.2k $8.9m $8.9m 0.01% Reduced -35.8k -35,756
4 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 186,856186.9k $6.1m $6.1m 0.01% Added +84.4k +84,440
5 ODonnell Financial Services, LLC 1.73% of their portfolio SAN RAFAEL, CA 138,890138.9k $4.5m $4.5m 1.73% Reduced -4.8k -4,785
6 Tradition Wealth Management, LLC 0.36% of their portfolio EDINA, MN 137,984138.0k $4.5m $4.5m 0.36% Reduced -1.5k -1,512
7 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 130,446130.4k $4.2m $4.2m 0.02% Added +33.5k +33,548
8 RED CRANE WEALTH MANAGEMENT, LLC 3.06% of their portfolio SAN FRANCISCO, CA 103,688103.7k $3.4m $3.4m 3.06% Added +81.2k +81,169
9 Berkshire Money Management, Inc. 0.35% of their portfolio DALTON, MA 101,740101.7k $3.3m $3.3m 0.35% New
10 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 98,70098.7k $3.2m $3.2m 0.01% Reduced -3.9k -3,931
11 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 98,60498.6k $3.2m $3.2m 0.00% Added +35.2k +35,184
12 AVALON CAPITAL MANAGEMENT 0.81% of their portfolio Port Of Redwood City, CA 92,85192.9k $3.0m $3.0m 0.81% New
13 First Commonwealth Financial Corp /PA/ 0.57% of their portfolio Indiana, PA 81,89081.9k $2.7m $2.7m 0.57% Added +222 +222
14 Catalina Capital Group, LLC 1.53% of their portfolio Torrance, CA 69,79769.8k $2.3m $2.3m 1.53% Added +25.5k +25,485
15 SageView Advisory Group, LLC 0.08% of their portfolio Newport Beach, CA 65,49965.5k $2.2m $2.2m 0.08% Added +18.9k +18,867
16 Onyx Bridge Wealth Group LLC 0.27% of their portfolio TARRYTOWN, NY 62,72962.7k $2.0m $2.0m 0.27% New
17 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 56,20756.2k $1.8m $1.8m 0.01% Reduced -15.1k -15,052
18 CORRADO ADVISORS, LLC 1.06% of their portfolio RAMSEY, NJ 53,65253.7k $1.7m $1.7m 1.06% Added +6.9k +6,941
19 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 51,14651.1k $1.7m $1.7m 0.00% Added +11.5k +11,469
20 CWM, LLC 0.00% of their portfolio OMAHA, NE 43,74943.7k $1.4m $1.4m 0.00% Added +1.2k +1,170
21 Wood Tarver Financial Group, LLC 0.42% of their portfolio BOISE, ID 43,55243.6k $1.4m $1.4m 0.42% Added +9.0k +9,006
22 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 36,83536.8k $1.2m $1.2m 0.01% Added +3.4k +3,437
23 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 33,35433.4k $1.1m $1.1m 0.00% Reduced -532 -532
24 Diligent Investors, LLC 0.24% of their portfolio REDLANDS, CA 31,65831.7k $1.0m $1.0m 0.24% Reduced -3.9k -3,913
25 Fragasso Financial Advisors Inc 0.06% of their portfolio SEWICKLEY, PA 29,56629.6k $957.5k $957.5k 0.06% Added +4.6k +4,585
26 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 29,09329.1k $942.0k $942.0k 0.00% Added +250 +250
27 Berger Financial Group, Inc 0.06% of their portfolio PLYMOUTH, MN 27,93427.9k $904.7k $904.7k 0.06% Added +17.7k +17,741
28 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 27,84327.8k $911.9k $911.9k 0.01% New
29 Compass Advisory Group LLC 0.28% of their portfolio MELVILLE, NY 27,34327.3k $885.5k $885.5k 0.28% Reduced -1.3k -1,300
30 Capital Analysts, LLC 0.03% of their portfolio FORT WASHINGTON, PA 26,20226.2k $849.0k $849.0k 0.03% Unchanged
31 Faithward Advisors, LLC 0.13% of their portfolio LANCASTER, PA 25,90525.9k $838.9k $838.9k 0.13% New
32 DHJJ Financial Advisors, Ltd. 0.30% of their portfolio NAPERVILLE, IL 25,70425.7k $832.4k $832.4k 0.30% Added +3.2k +3,235
33 Prairie Wealth Advisors, Inc. 0.35% of their portfolio OMAHA, NE 24,98325.0k $809.1k $809.1k 0.35% Unchanged
34 Weaver Consulting Group 0.21% of their portfolio HUNTINGTON BEACH, CA 23,96224.0k $776.0k $776.0k 0.21% Added +558 +558
35 Main Street Financial Solutions, LLC 0.06% of their portfolio NEWTOWN, PA 23,78223.8k $770.2k $770.2k 0.06% Added +350 +350
36 Miller Financial Services LLC 0.98% of their portfolio MARSHALL, MI 23,66023.7k $766.2k $766.2k 0.98% Reduced -725 -725
37 WEALTH ALLIANCE, LLC 0.09% of their portfolio MELLVILLE, NY 23,63923.6k $765.6k $765.6k 0.09% Added +1.3k +1,291
38 PFS Partners, LLC 0.38% of their portfolio MINE HILL, NJ 23,36323.4k $756.6k $756.6k 0.38% Added +1.1k +1,062
39 Sunbelt Securities, Inc. 0.07% of their portfolio HOUSTON, TX 22,80622.8k $745.8k $745.8k 0.07% Added +185 +185
40 Jacobi Capital Management LLC 0.04% of their portfolio PITTSTON, PA 20,34720.3k $658.9k $658.9k 0.04% Reduced -1.1k -1,079
41 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 19,48019.5k $630.9k $630.9k 0.02% New
42 FOUNDERS FINANCIAL SECURITIES LLC 0.04% of their portfolio TOWSON, MD 18,23318.2k $590.5k $590.5k 0.04% Added +4.4k +4,419
43 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.04% of their portfolio CEDAR RAPIDS, IA 18,06118.1k $584.9k $584.9k 0.04% Reduced -156 -156
44 ACAS, LLC 0.40% of their portfolio RANCHO SANTA FE, CA 18,03918.0k $604.0k $604.0k 0.40% Added +1.2k +1,190
45 FSA Advisors, Inc. 0.47% of their portfolio TROY, MI 17,81117.8k $576.8k $576.8k 0.47% Unchanged
46 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 17,74517.7k $574.7k $574.7k 0.00% Added +1.1k +1,106
47 Forvis Mazars Wealth Advisors, LLC 0.01% of their portfolio Springfield, MO 17,62417.6k $570.8k $570.8k 0.01% Reduced -1.1k -1,073
48 AdvisorNet Financial, Inc 0.04% of their portfolio MINNETONKA, MN 17,15817.2k $555.7k $555.7k 0.04% Reduced -36 -36
49 Maltin Wealth Management, Inc. 0.25% of their portfolio RIDGEWOOD, NJ 16,83916.8k $545.3k $545.3k 0.25% Reduced -1.8k -1,797
50 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 16,82916.8k $545.0k $545.0k 0.01% New
51 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 16,61516.6k $538.1k $538.1k 0.00% Unchanged
52 Valtinson Bruner Financial Planning LLC 0.17% of their portfolio NEW BRIGHTON, MN 16,57516.6k $536.8k $536.8k 0.17% Reduced -70.6k -70,551
53 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 16,50016.5k $534.4k $534.4k 0.00% Added +107 +107
54 Clear Point Advisors Inc. 0.42% of their portfolio MELVILLE, NY 15,45915.5k $500.6k $500.6k 0.42% Added +807 +807
55 Straight Path Wealth Management 0.17% of their portfolio Jenison, MI 15,18415.2k $491.7k $491.7k 0.17% Added +234 +234
56 BCS Wealth Management 0.10% of their portfolio JOHNSON CITY, TN 14,23114.2k $461.0k $461.0k 0.10% Added +2.4k +2,412
57 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,09813.1k $424.2k $424.2k 0.00% Reduced -828.4k -828,444
58 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 13,05413.1k $422.8k $422.8k 0.01% Unchanged
59 My Personal CFO, LLC 0.19% of their portfolio VANCOUVER, WA 12,73112.7k $412.3k $412.3k 0.19% Unchanged
60 Stratos Wealth Advisors, LLC 0.02% of their portfolio BEACHWOOD, OH 12,12412.1k $392.6k $392.6k 0.02% Unchanged
61 Long Island Wealth Management, Inc. 0.20% of their portfolio MELVILLE, NY 11,94511.9k $386.8k $386.8k 0.20% Unchanged
62 LEIGH BALDWIN & CO., LLC 0.25% of their portfolio CAZENOVIA, NY 11,55111.6k $374.1k $374.1k 0.25% Reduced -800 -800
63 Helium Advisors LLC 0.23% of their portfolio VANCOUVER, WA 11,22211.2k $363.4k $363.4k 0.23% New
64 Wealthspire Retirement, LLC 0.02% of their portfolio ALISO VIEJO, CA 11,04911.0k $357.8k $357.8k 0.02% Unchanged
65 Beacon Financial Advisory LLC 0.09% of their portfolio CLEVELAND, OH 10,68110.7k $345.9k $345.9k 0.09% Unchanged
66 Archer Investment Corp 0.08% of their portfolio Carmel, IN 10,49210.5k $339.8k $339.8k 0.08% Unchanged
67 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 10,36510.4k $335.7k $335.7k 0.00% Unchanged
68 Financial Network Wealth Advisors LLC 0.39% of their portfolio MURRAY, UT 9,9009.9k $320.6k $320.6k 0.39% Unchanged
69 Collaborative Wealth Managment Inc. 0.13% of their portfolio LAKE MARY, FL 9,5049.5k $307.8k $307.8k 0.13% New
70 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 9,4579.5k $310.2k $310.2k 0.00% Added +1.0k +1,031
71 Visionary Wealth Advisors 0.02% of their portfolio O'FALLON, IL 9,4529.5k $306.1k $306.1k 0.02% New
72 WorthPointe, LLC 0.13% of their portfolio La Jolla, CA 9,1789.2k $297.2k $297.2k 0.13% New
73 Strategic Blueprint, LLC 0.01% of their portfolio ATLANTA, GA 9,0279.0k $292.3k $292.3k 0.01% Added +76 +76
74 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 8,9228.9k $288.9k $288.9k 0.00% Reduced -1 -1
75 Arete Wealth Advisors, LLC 0.02% of their portfolio CHICAGO, IL 8,9138.9k $289.0k $289.0k 0.02% Added +813 +813
76 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 8,8088.8k $285.3k $285.3k 0.00% Reduced -408 -408
77 Vantage Point Financial LLC 0.12% of their portfolio LISLE, IL 8,6918.7k $281.5k $281.5k 0.12% Unchanged
78 Luminist Capital LLC 0.25% of their portfolio GRAND RAPIDS, MI 7,8617.9k $254.6k $254.6k 0.25% Reduced -473 -473
79 Cardinal Point Capital Management ULC 0.02% of their portfolio TORONTO, A6 7,3607.4k $238.4k $238.4k 0.02% Unchanged
80 GILL CAPITAL PARTNERS, LLC 0.07% of their portfolio DENVER, CO 6,8086.8k $220.5k $220.5k 0.07% Unchanged
81 Phoenix Financial Ltd. 0.00% of their portfolio Givatayim, L3 6,7506.8k $218.4k $218.4k 0.00% New
82 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 6,5936.6k $213.5k $213.5k 0.01% Added +51 +51
83 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 6,4566.5k $209.1k $209.1k 0.00% New
84 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 6,1236.1k $198.3k $198.3k 0.01% Added +1.8k +1,777
85 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 5,0655.1k $164.0k $164.0k 0.01% Added +616 +616
86 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,2214.2k $136.7k $136.7k 0.00% Added +870 +870
87 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 4,1484.1k $134.3k $134.3k 0.00% Unchanged
88 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 3,5293.5k $114.3k $114.3k 0.00% Reduced -625 -625
89 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 3,3243.3k $107.7k $107.7k 0.00% Reduced -238 -238
90 Bellwether Advisors, LLC 0.02% of their portfolio LINCOLN, NE 3,2163.2k $104.2k $104.2k 0.02% Unchanged
91 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,5532.6k $82.7k $82.7k 0.00% Reduced -658.5k -658,502
92 Global Trust Asset Management, LLC 0.03% of their portfolio PALM BEACH GARDENS, FL 2,0002.0k $64.8k $64.8k 0.03% Unchanged
93 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,6571.7k $53.7k $53.7k 0.00% New
94 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 1,5001.5k $48.6k $48.6k 0.00% Reduced -1.5k -1,500
95 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio BLUE BELL, PA 1,1241.1k $36.4k $36.4k 0.01% New
96 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 958958 $31.0k $31.0k 0.00% Reduced -78 -78
97 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 843843 $27.3k $27.3k 0.00% Unchanged
98 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 753753 $24.4k $24.4k 0.00% Unchanged
99 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 512512 $16.6k $16.6k 0.00% Unchanged
100 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5050 $1.6k $1.6k 0.00% Unchanged