Vault-13

INNOVATOR ETFS TRUST IAPR

INTRNL DEV APRL · ETP · CUSIP 45782C367

99 institutional holders +19 vs Q1 2025
6,026,4706.0m shares reported held*
$175.4mreported value*
23 new 39 added 21 reduced 5 sold out net bought ≈ $52.8m (+1.8m 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 ≈ $29.10.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 29Q4 22: 35Q1 23: 46Q2 23: 74Q3 23: 72Q4 23: 86Q1 24: 79Q2 24: 85Q3 24: 78Q4 24: 85Q1 25: 80Q2 25: 9999Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202229
Q4 202235
Q1 202346
Q2 202374
Q3 202372
Q4 202386
Q1 202479
Q2 202485
Q3 202478
Q4 202485
Q1 202580
Q2 202599

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 29 bought or addedQ3 23: 34 cut or sold outQ4 23: 25 bought or addedQ4 23: 38 cut or sold outQ4 23Q1 24: 25 bought or addedQ1 24: 48 cut or sold outQ2 24: 48 bought or addedQ2 24: 28 cut or sold outQ2 24Q3 24: 22 bought or addedQ3 24: 42 cut or sold outQ4 24: 26 bought or addedQ4 24: 38 cut or sold outQ4 24Q1 25: 22 bought or addedQ1 25: 40 cut or sold outQ2 25: 62 bought or addedQ2 25: 26 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232934
Q4 20232538
Q1 20242548
Q2 20244828
Q3 20242242
Q4 20242638
Q1 20252240
Q2 20256226

Biggest buyers

Americana Partners, LLC Added +1,319,150+1.3m
Strategic Blueprint, LLC Added +119,861+119.9k
NewEdge Advisors, LLC Added +113,465+113.5k
GILL CAPITAL PARTNERS, LLC New +35,147+35.1k
OSAIC HOLDINGS, INC. Added +34,455+34.5k
Farther Finance Advisors, LLC New +32,623+32.6k
Kestra Advisory Services, LLC Added +25,242+25.2k
OLD MISSION CAPITAL LLC Added +21,268+21.3k
JPMORGAN CHASE & CO New +20,110+20.1k
PRINCIPAL SECURITIES, INC. Added +20,082+20.1k

Biggest sellers

Cetera Investment Advisers Reduced -162,559-162.6k
Capasso Planning Partners LLC Sold out -42,900-42.9k
Cambridge Investment Research Advisors, Inc. Reduced -34,593-34.6k
Maltin Wealth Management, Inc. Sold out -12,939-12.9k
TOWNSQUARE CAPITAL LLC Sold out -12,321-12.3k
Composition Wealth, LLC Reduced -10,979-11.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -10,817-10.8k
SageView Advisory Group, LLC Reduced -8,553-8.6k
Forvis Mazars Wealth Advisors, LLC Reduced -8,357-8.4k
Wealthspire Retirement, LLC Reduced -6,236-6.2k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Americana Partners, LLC 1.35% of their portfolio Houston, TX 1,334,8151.3m $39.0m $39.0m 1.35% Added +1.3m +1,319,150
2 Composition Wealth, LLC 0.32% of their portfolio LOS ANGELES, CA 651,568651.6k $19.1m $19.1m 0.32% Reduced -11.0k -10,979
3 HFG Wealth Management, LLC 8.11% of their portfolio The Woodlands, TX 483,063483.1k $13.3m $13.3m 8.11% Reduced -4.8k -4,838
4 PFS Partners, LLC 4.30% of their portfolio MINE HILL, NJ 292,236292.2k $8.5m $8.5m 4.30% Added +392 +392
5 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 288,700288.7k $8.4m $8.4m 0.01% Reduced -10.8k -10,817
6 Strategic Blueprint, LLC 0.39% of their portfolio ATLANTA, GA 272,512272.5k $8.0m $8.0m 0.39% Added +119.9k +119,861
7 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 133,533133.5k $3.9m $3.9m 0.02% Added +113.5k +113,465
8 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 128,377128.4k $3.8m $3.8m 0.01% Reduced -162.6k -162,559
9 PRINCIPAL SECURITIES, INC. 0.06% of their portfolio DES MOINES, IA 107,961108.0k $3.2m $3.2m 0.06% Added +20.1k +20,082
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 105,588105.6k $3.1m $3.1m 0.00% Added +5.9k +5,929
11 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 103,848103.8k $3.0m $3.0m 0.01% Added +34.5k +34,455
12 Tradition Wealth Management, LLC 0.23% of their portfolio EDINA, MN 100,541100.5k $2.9m $2.9m 0.23% Reduced -823 -823
13 CORRADO ADVISORS, LLC 1.79% of their portfolio RAMSEY, NJ 100,111100.1k $2.9m $2.9m 1.79% Added +9.2k +9,153
14 NorthCoast Asset Management LLC 0.01% of their portfolio STAMFORD, CT 83,74383.7k $2.4m $2.4m 0.01% Added +8.7k +8,715
15 Fragasso Financial Advisors Inc 0.16% of their portfolio SEWICKLEY, PA 81,22481.2k $2.4m $2.4m 0.16% Added +904 +904
16 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 65,89765.9k $1.9m $1.9m 0.01% Added +25.2k +25,242
17 Brookstone Capital Management 0.02% of their portfolio WHEATON, IL 63,22063.2k $1.8m $1.8m 0.02% Added +15.8k +15,808
18 INVESTMENT MANAGEMENT CORP /VA/ /ADV 1.61% of their portfolio ROANOKE, VA 60,67760.7k $1.8m $1.8m 1.61% Reduced -168 -168
19 Chris Bulman Inc 0.99% of their portfolio ROSEVILLE, CA 59,25459.3k $1.7m $1.7m 0.99% Added +16.7k +16,658
20 CWM, LLC 0.01% of their portfolio OMAHA, NE 57,81457.8k $1.7m $1.7m 0.01% Added +2.8k +2,818
21 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 57,10757.1k $1.7m $1.7m 0.00% Added +10.6k +10,552
22 WPWealth LLP 0.30% of their portfolio FORT WORTH, TX 56,95157.0k $1.7m $1.7m 0.30% Added +9.7k +9,735
23 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 54,42054.4k $1.6m $1.6m 0.00% Added +11.3k +11,262
24 Berger Financial Group, Inc 0.10% of their portfolio PLYMOUTH, MN 53,23853.2k $1.6m $1.6m 0.10% Reduced -394 -394
25 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 52,68052.7k $1.5m $1.5m 0.00% Added +5.8k +5,812
26 Global Strategic Investment Solutions, LLC 0.16% of their portfolio Scottsdale, AZ 49,65749.7k $1.5m $1.5m 0.16% Reduced -1.8k -1,762
27 FIDUCIARY FINANCIAL GROUP, LLC 0.21% of their portfolio SAN RAFAEL, CA 40,08440.1k $1.2m $1.2m 0.21% Added +8.0k +8,005
28 SageView Advisory Group, LLC 0.04% of their portfolio Newport Beach, CA 39,84539.8k $1.2m $1.2m 0.04% Reduced -8.6k -8,553
29 IFP Advisors, Inc 0.03% of their portfolio TAMPA, FL 38,69438.7k $1.1m $1.1m 0.03% Added +3.4k +3,365
30 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 36,09936.1k $1.1m $1.1m 0.01% Reduced -162 -162
31 GILL CAPITAL PARTNERS, LLC 0.33% of their portfolio DENVER, CO 35,14735.1k $1.0m $1.0m 0.33% New
32 ODonnell Financial Services, LLC 0.38% of their portfolio SAN RAFAEL, CA 34,09134.1k $996.8k $996.8k 0.38% Reduced -807 -807
33 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 33,89633.9k $991.1k $991.1k 0.00% Reduced -368 -368
34 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 32,85832.9k $960.8k $960.8k 0.00% Added +4.9k +4,931
35 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 32,62332.6k $953.9k $953.9k 0.02% New
36 BCS Wealth Management 0.19% of their portfolio JOHNSON CITY, TN 30,27530.3k $885.0k $885.0k 0.19% Added +3.7k +3,705
37 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 29,33429.3k $857.7k $857.7k 0.02% Added +21.3k +21,268
38 Cardinal Point Capital Management ULC 0.06% of their portfolio TORONTO, A6 26,55026.6k $776.3k $776.3k 0.06% Unchanged
39 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 26,39026.4k $771.6k $771.6k 0.00% Added +1.9k +1,913
40 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 21,76721.8k $636.5k $636.5k 0.00% Added +11.8k +11,773
41 Triad Wealth Partners, LLC 0.13% of their portfolio LAWRENCE, KS 21,53321.5k $629.6k $629.6k 0.13% Added +10.2k +10,179
42 AdvisorNet Financial, Inc 0.04% of their portfolio MINNETONKA, MN 21,11421.1k $617.4k $617.4k 0.04% Unchanged
43 Siligmueller & Norvid Wealth Advisors LLC 0.23% of their portfolio GLEN ELLYN, IL 20,74920.7k $604.2k $604.2k 0.23% Unchanged
44 Wealthspire Retirement, LLC 0.04% of their portfolio ALISO VIEJO, CA 20,31920.3k $594.1k $594.1k 0.04% Reduced -6.2k -6,236
45 Avantax Planning Partners, Inc. 0.02% of their portfolio DUBUQUE, IA 20,15420.2k $589.3k $589.3k 0.02% Unchanged
46 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 20,11020.1k $588.0k $588.0k 0.00% New
47 Compass Advisory Group LLC 0.18% of their portfolio MELVILLE, NY 19,83419.8k $579.9k $579.9k 0.18% Reduced -1.5k -1,475
48 Forvis Mazars Wealth Advisors, LLC 0.01% of their portfolio Springfield, MO 19,58419.6k $572.6k $572.6k 0.01% Reduced -8.4k -8,357
49 FOUNDERS FINANCIAL SECURITIES LLC 0.04% of their portfolio TOWSON, MD 18,30018.3k $535.1k $535.1k 0.04% Added +4.3k +4,326
50 SIGNATUREFD, LLC 0.01% of their portfolio ATLANTA, GA 18,20418.2k $532.3k $532.3k 0.01% New
51 Valmark Advisers, Inc. 0.01% of their portfolio AKRON, OH 18,03318.0k $527.3k $527.3k 0.01% Unchanged
52 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 17,57017.6k $513.7k $513.7k 0.01% New
53 WEALTH ALLIANCE, LLC 0.06% of their portfolio MELLVILLE, NY 17,29317.3k $505.7k $505.7k 0.06% Added +4.5k +4,456
54 DHJJ Financial Advisors, Ltd. 0.18% of their portfolio NAPERVILLE, IL 17,28817.3k $505.5k $505.5k 0.18% Added +3.4k +3,424
55 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio CEDAR RAPIDS, IA 16,92516.9k $494.9k $494.9k 0.03% Unchanged
56 Advus Financial Partners, LLC 0.12% of their portfolio WINTER PARK, FL 15,55815.6k $454.9k $454.9k 0.12% New
57 Compound Planning, Inc. 0.02% of their portfolio NEW YORK, NY 14,54414.5k $425.3k $425.3k 0.02% Added +339 +339
58 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 14,39214.4k $421.0k $421.0k 0.00% Reduced -1.0k -1,025
59 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 14,17814.2k $414.6k $414.6k 0.00% New
60 Straight Path Wealth Management 0.14% of their portfolio Jenison, MI 14,14914.1k $413.7k $413.7k 0.14% Added +763 +763
61 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 14,03914.0k $410.5k $410.5k 0.00% New
62 Prairie Wealth Advisors, Inc. 0.17% of their portfolio OMAHA, NE 13,97214.0k $408.5k $408.5k 0.17% Reduced -50 -50
63 Helium Advisors LLC 0.25% of their portfolio VANCOUVER, WA 13,76213.8k $402.4k $402.4k 0.25% New
64 Diligent Investors, LLC 0.09% of their portfolio REDLANDS, CA 13,31313.3k $389.3k $389.3k 0.09% Added +1.6k +1,650
65 PFG Advisors 0.02% of their portfolio Phoenix, AZ 12,78012.8k $373.7k $373.7k 0.02% New
66 Financial Network Wealth Advisors LLC 0.44% of their portfolio MURRAY, UT 12,32112.3k $360.3k $360.3k 0.44% Unchanged
67 Beacon Financial Advisory LLC 0.09% of their portfolio CLEVELAND, OH 12,15612.2k $355.4k $355.4k 0.09% Added +1.4k +1,411
68 AMERICAN ASSET MANAGEMENT INC. 0.32% of their portfolio Boca Raton, FL 11,90011.9k $348.0k $348.0k 0.32% New
69 COMMONS CAPITAL, LLC 0.25% of their portfolio NEEDHAM, MA 11,33411.3k $331.4k $331.4k 0.25% New
70 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 11,21211.2k $327.8k $327.8k 0.00% New
71 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 11,12911.1k $325.4k $325.4k 0.00% Reduced -417 -417
72 First Commonwealth Financial Corp /PA/ 0.07% of their portfolio Indiana, PA 10,90110.9k $318.7k $318.7k 0.07% New
73 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 10,33010.3k $302.0k $302.0k 0.00% Added +530 +530
74 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 10,32510.3k $301.9k $301.9k 0.00% Added +1.4k +1,350
75 BLVD Private Wealth, LLC 0.28% of their portfolio Prospect, KY 10,26710.3k $300.2k $300.2k 0.28% First filing
76 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 10,18210.2k $297.7k $297.7k 0.00% Unchanged
77 Lantz Financial LLC 0.07% of their portfolio NAPERVILLE, IL 10,00310.0k $292.5k $292.5k 0.07% New
78 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 9,8659.9k $288.5k $288.5k 0.01% Unchanged
79 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 9,7789.8k $285.9k $285.9k 0.00% New
80 WEBSTERROGERS FINANCIAL ADVISORS, LLC 0.08% of their portfolio FLORENCE, SC 9,1099.1k $266.3k $266.3k 0.08% New
81 WorthPointe, LLC 0.11% of their portfolio La Jolla, CA 9,1039.1k $266.2k $266.2k 0.11% New
82 UBS Group AG 0.00% of their portfolio ZURICH, V8 8,5248.5k $249.2k $249.2k 0.00% Added +8.3k +8,322
83 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 8,3638.4k $245.0k $245.0k 0.00% Reduced -34.6k -34,593
84 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 8,3608.4k $244.4k $244.4k 0.00% Added +644 +644
85 TWO SIGMA SECURITIES, LLC 0.03% of their portfolio NEW YORK, NY 8,3298.3k $243.5k $243.5k 0.03% New
86 CRA Financial Services, LLC 0.04% of their portfolio NORTHFIELD, NJ 8,1808.2k $239.2k $239.2k 0.04% New
87 RIVERCHASE WEALTH MANAGEMENT, LLC 0.14% of their portfolio Flower Mound, TX 7,7857.8k $227.6k $227.6k 0.14% New
88 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 7,5597.6k $221.0k $221.0k 0.01% New
89 Ausdal Financial Partners, Inc. 0.01% of their portfolio Davenport, IA 6,9967.0k $204.6k $204.6k 0.01% New
90 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 3,2783.3k $87.5k $87.5k 0.01% Added +200 +200
91 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,8001.8k $52.0k $52.0k 0.00% Added +900 +900
92 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,2471.2k $36.5k $36.5k 0.00% Reduced -2.3k -2,347
93 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 732732 $21.4k $21.4k 0.00% Reduced -21 -21
94 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 500500 $14.6k $14.6k 0.00% Unchanged
95 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 409409 $12.0k $12.0k 0.00% Unchanged
96 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 200200 $5.8k $5.8k 0.00% Unchanged
97 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 108108 $3.2k $3.2k 0.00% Unchanged
98 Cape Investment Advisory, Inc. 0.00% of their portfolio MCDONOUGH, GA 100100 $2.9k $2.9k 0.00% Unchanged
99 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged