Vault-13

INNOVATOR ETFS TRUST KAPR

US SML CP PWR ET · ETP · CUSIP 45782C342

99 institutional holders -2 vs Q2 2025
3,239,8623.2m shares reported held*
$110.8mreported value*
9 new 12 added 43 reduced 8 sold out net sold ≈ $21.9m (-640.8k 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 ≈ $34.20.

Trends to Q3 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: 101Q3 25: 9999Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 202599

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 24 bought or addedQ4 23: 38 cut or sold outQ1 24: 16 bought or addedQ1 24: 46 cut or sold outQ1 24Q2 24: 68 bought or addedQ2 24: 17 cut or sold outQ3 24: 43 bought or addedQ3 24: 40 cut or sold outQ3 24Q4 24: 28 bought or addedQ4 24: 43 cut or sold outQ1 25: 30 bought or addedQ1 25: 49 cut or sold outQ1 25Q2 25: 52 bought or addedQ2 25: 39 cut or sold outQ3 25: 21 bought or addedQ3 25: 51 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232438
Q1 20241646
Q2 20246817
Q3 20244340
Q4 20242843
Q1 20253049
Q2 20255239
Q3 20252151

Biggest buyers

Cetera Investment Advisers Added +43,141+43.1k
Onyx Bridge Wealth Group LLC Added +24,351+24.4k
OLD MISSION CAPITAL LLC Added +14,894+14.9k
Ameritas Advisory Services, LLC New +13,000+13.0k
GOLDMAN SACHS GROUP INC New +10,628+10.6k
MERCER GLOBAL ADVISORS INC /ADV New +8,214+8.2k
WINNACLE WEALTH LLC New +7,693+7.7k
Navis Wealth Advisors, LLC New +6,663+6.7k
Nikulski Financial, Inc. New +5,875+5.9k
FOUNDERS FINANCIAL SECURITIES LLC Added +4,713+4.7k

Biggest sellers

JANE STREET GROUP, LLC Reduced -403,007-403.0k
AVALON CAPITAL MANAGEMENT Sold out -92,851-92.9k
SageView Advisory Group, LLC Sold out -65,499-65.5k
RAYMOND JAMES FINANCIAL INC Reduced -33,921-33.9k
CORRADO ADVISORS, LLC Reduced -28,777-28.8k
Kestra Advisory Services, LLC Reduced -19,801-19.8k
Catalina Capital Group, LLC Reduced -17,779-17.8k
Prairie Wealth Advisors, Inc. Reduced -15,658-15.7k
My Personal CFO, LLC Sold out -12,731-12.7k
OSAIC HOLDINGS, INC. Reduced -9,130-9.1k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 556,525556.5k $19.0m $19.0m 0.02% Added +43.1k +43,141
2 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 265,868265.9k $9.1m $9.1m 0.01% Reduced -8.4k -8,356
3 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 177,726177.7k $6.1m $6.1m 0.01% Reduced -9.1k -9,130
4 Tradition Wealth Management, LLC 0.35% of their portfolio EDINA, MN 137,863137.9k $4.7m $4.7m 0.35% Reduced -121 -121
5 ODonnell Financial Services, LLC 1.63% of their portfolio SAN RAFAEL, CA 134,119134.1k $4.6m $4.6m 1.63% Reduced -4.8k -4,771
6 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 110,645110.6k $3.8m $3.8m 0.02% Reduced -19.8k -19,801
7 RED CRANE WEALTH MANAGEMENT, LLC 3.05% of their portfolio SAN FRANCISCO, CA 105,765105.8k $3.6m $3.6m 3.05% Added +2.1k +2,077
8 Berkshire Money Management, Inc. 0.36% of their portfolio DALTON, MA 101,233101.2k $3.5m $3.5m 0.36% Reduced -507 -507
9 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 98,10098.1k $3.4m $3.4m 0.01% Reduced -600 -600
10 Onyx Bridge Wealth Group LLC 0.32% of their portfolio TARRYTOWN, NY 87,08087.1k $3.0m $3.0m 0.32% Added +24.4k +24,351
11 First Commonwealth Financial Corp /PA/ 0.47% of their portfolio Indiana, PA 81,84481.8k $2.8m $2.8m 0.47% Reduced -46 -46
12 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 64,68364.7k $2.2m $2.2m 0.00% Reduced -33.9k -33,921
13 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 55,82155.8k $1.9m $1.9m 0.01% Reduced -386 -386
14 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 53,25653.3k $1.8m $1.8m 0.00% Added +2.1k +2,110
15 Catalina Capital Group, LLC 1.10% of their portfolio Torrance, CA 52,01852.0k $1.8m $1.8m 1.10% Reduced -17.8k -17,779
16 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 51,62551.6k $1.8m $1.8m 0.00% Reduced -403.0k -403,007
17 Wood Tarver Financial Group, LLC 0.43% of their portfolio BOISE, ID 42,24542.2k $1.4m $1.4m 0.43% Reduced -1.3k -1,307
18 CWM, LLC 0.00% of their portfolio OMAHA, NE 36,39036.4k $1.2m $1.2m 0.00% Reduced -7.4k -7,359
19 OLD MISSION CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 34,37434.4k $1.2m $1.2m 0.04% Added +14.9k +14,894
20 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 33,02933.0k $1.1m $1.1m 0.00% Reduced -325 -325
21 Diligent Investors, LLC 0.26% of their portfolio REDLANDS, CA 30,14630.1k $1.0m $1.0m 0.26% Reduced -1.5k -1,512
22 Fragasso Financial Advisors Inc 0.06% of their portfolio SEWICKLEY, PA 29,51429.5k $1.0m $1.0m 0.06% Reduced -52 -52
23 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 27,84327.8k $952.2k $952.2k 0.01% Unchanged
24 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 27,74327.7k $949.0k $949.0k 0.00% Reduced -1.4k -1,350
25 Compass Advisory Group LLC 0.26% of their portfolio MELVILLE, NY 27,34327.3k $935.1k $935.1k 0.26% Unchanged
26 Berger Financial Group, Inc 0.05% of their portfolio PLYMOUTH, MN 26,84226.8k $918.0k $918.0k 0.05% Reduced -1.1k -1,092
27 Capital Analysts, LLC 0.03% of their portfolio FORT WASHINGTON, PA 26,12826.1k $894.0k $894.0k 0.03% Reduced -74 -74
28 DHJJ Financial Advisors, Ltd. 0.30% of their portfolio NAPERVILLE, IL 25,70425.7k $879.1k $879.1k 0.30% Unchanged
29 Faithward Advisors, LLC 0.13% of their portfolio LANCASTER, PA 25,25925.3k $863.9k $863.9k 0.13% Reduced -646 -646
30 CORRADO ADVISORS, LLC 0.46% of their portfolio RAMSEY, NJ 24,87524.9k $850.7k $850.7k 0.46% Reduced -28.8k -28,777
31 Main Street Financial Solutions, LLC 0.05% of their portfolio NEWTOWN, PA 23,78223.8k $813.3k $813.3k 0.05% Unchanged
32 WEALTH ALLIANCE, LLC 0.08% of their portfolio MELLVILLE, NY 23,63923.6k $808.5k $808.5k 0.08% Unchanged
33 Miller Financial Services LLC 0.92% of their portfolio MARSHALL, MI 23,28023.3k $796.2k $796.2k 0.92% Reduced -380 -380
34 Weaver Consulting Group 0.20% of their portfolio HUNTINGTON BEACH, CA 23,13523.1k $791.2k $791.2k 0.20% Reduced -827 -827
35 FOUNDERS FINANCIAL SECURITIES LLC 0.05% of their portfolio TOWSON, MD 22,94622.9k $784.8k $784.8k 0.05% Added +4.7k +4,713
36 PFS Partners, LLC 0.37% of their portfolio MINE HILL, NJ 22,69722.7k $776.2k $776.2k 0.37% Reduced -666 -666
37 Sunbelt Securities, Inc. 0.05% of their portfolio HOUSTON, TX 21,26621.3k $727.3k $727.3k 0.05% Reduced -1.5k -1,540
38 Jacobi Capital Management LLC 0.04% of their portfolio PITTSTON, PA 20,34720.3k $695.9k $695.9k 0.04% Unchanged
39 Maltin Wealth Management, Inc. 0.26% of their portfolio RIDGEWOOD, NJ 18,59918.6k $636.1k $636.1k 0.26% Added +1.8k +1,760
40 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 17,83317.8k $609.9k $609.9k 0.00% Added +88 +88
41 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.04% of their portfolio CEDAR RAPIDS, IA 17,60917.6k $602.2k $602.2k 0.04% Reduced -452 -452
42 FSA Advisors, Inc. 0.47% of their portfolio TROY, MI 17,47517.5k $597.6k $597.6k 0.47% Reduced -336 -336
43 AdvisorNet Financial, Inc 0.03% of their portfolio MINNETONKA, MN 17,15817.2k $586.8k $586.8k 0.03% Unchanged
44 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 16,82916.8k $575.6k $575.6k 0.01% Unchanged
45 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 16,37316.4k $560.0k $560.0k 0.00% Reduced -127 -127
46 Valtinson Bruner Financial Planning LLC 0.16% of their portfolio NEW BRIGHTON, MN 15,87515.9k $542.9k $542.9k 0.16% Reduced -700 -700
47 Clear Point Advisors Inc. 0.41% of their portfolio MELVILLE, NY 15,45915.5k $528.7k $528.7k 0.41% Unchanged
48 Straight Path Wealth Management 0.15% of their portfolio Jenison, MI 15,30415.3k $523.4k $523.4k 0.15% Added +120 +120
49 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 14,32714.3k $490.0k $490.0k 0.00% Reduced -2.3k -2,288
50 Forvis Mazars Wealth Advisors, LLC 0.01% of their portfolio Springfield, MO 13,31713.3k $455.4k $455.4k 0.01% Reduced -4.3k -4,307
51 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 13,05413.1k $446.4k $446.4k 0.01% Unchanged
52 Ameritas Advisory Services, LLC 0.03% of their portfolio Lincoln, NE 13,00013.0k $444.6k $444.6k 0.03% New
53 Stratos Wealth Advisors, LLC 0.02% of their portfolio BEACHWOOD, OH 12,12412.1k $414.6k $414.6k 0.02% Unchanged
54 Long Island Wealth Management, Inc. 0.20% of their portfolio MELVILLE, NY 11,94511.9k $408.5k $408.5k 0.20% Unchanged
55 LEIGH BALDWIN & CO., LLC 0.22% of their portfolio CAZENOVIA, NY 11,55111.6k $395.0k $395.0k 0.22% Unchanged
56 Wealthspire Retirement, LLC 0.02% of their portfolio ALISO VIEJO, CA 11,04911.0k $377.9k $377.9k 0.02% Unchanged
57 Beacon Financial Advisory LLC 0.08% of their portfolio CLEVELAND, OH 10,68110.7k $365.3k $365.3k 0.08% Unchanged
58 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 10,62810.6k $363.5k $363.5k 0.00% New
59 Archer Investment Corp 0.08% of their portfolio Carmel, IN 10,49210.5k $358.8k $358.8k 0.08% Unchanged
60 BCS Wealth Management 0.08% of their portfolio JOHNSON CITY, TN 10,48610.5k $358.6k $358.6k 0.08% Reduced -3.7k -3,745
61 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 10,36510.4k $354.5k $354.5k 0.00% Unchanged
62 Collaborative Wealth Managment Inc. 0.13% of their portfolio LAKE MARY, FL 9,5049.5k $325.0k $325.0k 0.13% Unchanged
63 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 9,4579.5k $324.6k $324.6k 0.00% Unchanged
64 Visionary Wealth Advisors 0.01% of their portfolio O'FALLON, IL 9,3529.4k $319.8k $319.8k 0.01% Reduced -100 -100
65 Prairie Wealth Advisors, Inc. 0.13% of their portfolio OMAHA, NE 9,3259.3k $318.9k $318.9k 0.13% Reduced -15.7k -15,658
66 WorthPointe, LLC 0.12% of their portfolio La Jolla, CA 9,1789.2k $313.9k $313.9k 0.12% Unchanged
67 Arete Wealth Advisors, LLC 0.02% of their portfolio CHICAGO, IL 8,9138.9k $305.0k $305.0k 0.02% Unchanged
68 Financial Network Wealth Advisors LLC 0.32% of their portfolio MURRAY, UT 8,6378.6k $295.4k $295.4k 0.32% Reduced -1.3k -1,263
69 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 8,2148.2k $280.9k $280.9k 0.00% New
70 Vantage Point Financial LLC 0.11% of their portfolio LISLE, IL 8,0898.1k $276.6k $276.6k 0.11% Reduced -602 -602
71 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 7,9688.0k $272.5k $272.5k 0.00% Reduced -5.1k -5,130
72 WINNACLE WEALTH LLC 0.21% of their portfolio WACO, TX 7,6937.7k $269.3k $269.3k 0.21% New
73 Cardinal Point Capital Management ULC 0.02% of their portfolio TORONTO, A6 7,3607.4k $252.4k $252.4k 0.02% Unchanged
74 GILL CAPITAL PARTNERS, LLC 0.07% of their portfolio DENVER, CO 6,8086.8k $232.8k $232.8k 0.07% Unchanged
75 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 6,7426.7k $230.6k $230.6k 0.01% Added +149 +149
76 Navis Wealth Advisors, LLC 0.17% of their portfolio RYE BROOK, NY 6,6636.7k $227.9k $227.9k 0.17% New
77 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 6,4486.4k $220.5k $220.5k 0.00% Reduced -8 -8
78 Luminist Capital LLC 0.19% of their portfolio GRAND RAPIDS, MI 6,4266.4k $219.8k $219.8k 0.19% Reduced -1.4k -1,435
79 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 6,2756.3k $214.6k $214.6k 0.01% Added +152 +152
80 Helium Advisors LLC 0.18% of their portfolio VANCOUVER, WA 6,2176.2k $212.6k $212.6k 0.18% Reduced -5.0k -5,005
81 Nikulski Financial, Inc. 0.05% of their portfolio BETTENDORF, IA 5,8755.9k $200.9k $200.9k 0.05% New
82 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 5,0655.1k $173.2k $173.2k 0.01% Unchanged
83 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,2214.2k $144.4k $144.4k 0.00% Unchanged
84 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 4,1484.1k $141.9k $141.9k 0.00% Unchanged
85 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 3,6603.7k $125.2k $125.2k 0.00% Added +131 +131
86 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,1692.2k $74.2k $74.2k 0.00% Reduced -384 -384
87 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,0742.1k $70.9k $70.9k 0.00% Reduced -1.2k -1,250
88 Global Trust Asset Management, LLC 0.03% of their portfolio PALM BEACH GARDENS, FL 2,0002.0k $68.4k $68.4k 0.03% Unchanged
89 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 1,5001.5k $51.3k $51.3k 0.00% Unchanged
90 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio BLUE BELL, PA 1,1241.1k $38.4k $38.4k 0.01% Unchanged
91 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 958958 $32.8k $32.8k 0.00% Unchanged
92 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 843843 $28.8k $28.8k 0.00% Unchanged
93 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 753753 $25.8k $25.8k 0.00% Unchanged
94 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 706706 $24.1k $24.1k 0.00% New
95 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 512512 $17.5k $17.5k 0.00% Unchanged
96 UBS Group AG 0.00% of their portfolio ZURICH, V8 440440 $15.0k $15.0k 0.00% New
97 Noble Wealth Management PBC 0.00% of their portfolio GREENWOOD VILLAGE, CO 150150 $5.1k $5.1k 0.00% First filing
98 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 114114 $3.9k $3.9k 0.00% New
99 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5050 $1.7k $1.7k 0.00% Unchanged