Vault-13

INNOVATOR ETFS TRUST IAPR

INTRNL DEV APRL · ETP · CUSIP 45782C367

97 institutional holders -2 vs Q2 2025
5,628,8385.6m shares reported held*
$169.3mreported value*
6 new 21 added 46 reduced 6 sold out net sold ≈ $11.0m (-364.8k 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 ≈ $30.07.

Trends to Q3 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: 99Q3 25: 9797Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 202597

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 25 bought or addedQ4 23: 38 cut or sold outQ1 24: 25 bought or addedQ1 24: 48 cut or sold outQ1 24Q2 24: 48 bought or addedQ2 24: 28 cut or sold outQ3 24: 22 bought or addedQ3 24: 42 cut or sold outQ3 24Q4 24: 26 bought or addedQ4 24: 38 cut or sold outQ1 25: 22 bought or addedQ1 25: 40 cut or sold outQ1 25Q2 25: 62 bought or addedQ2 25: 26 cut or sold outQ3 25: 27 bought or addedQ3 25: 52 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232538
Q1 20242548
Q2 20244828
Q3 20242242
Q4 20242638
Q1 20252240
Q2 20256226
Q3 20252752

Biggest buyers

Farther Finance Advisors, LLC Added +17,843+17.8k
Americana Partners, LLC Added +17,436+17.4k
Triad Wealth Partners, LLC Added +16,038+16.0k
JPMORGAN CHASE & CO Added +13,374+13.4k
GTS SECURITIES LLC New +11,247+11.2k
NewEdge Advisors, LLC Added +10,744+10.7k
BANK OF AMERICA CORP /DE/ New +9,451+9.5k
Cetera Investment Advisers Added +8,453+8.5k
Navis Wealth Advisors, LLC New +7,686+7.7k
Ausdal Financial Partners, Inc. Added +6,263+6.3k

Biggest sellers

Strategic Blueprint, LLC Reduced -179,231-179.2k
Global Strategic Investment Solutions, LLC Sold out -49,657-49.7k
SageView Advisory Group, LLC Reduced -32,480-32.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -26,626-26.6k
RAYMOND JAMES FINANCIAL INC Reduced -24,481-24.5k
OLD MISSION CAPITAL LLC Reduced -22,636-22.6k
Siligmueller & Norvid Wealth Advisors LLC Sold out -20,749-20.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -17,903-17.9k
Kestra Advisory Services, LLC Reduced -16,553-16.6k
Composition Wealth, LLC Reduced -14,114-14.1k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Americana Partners, LLC 1.22% of their portfolio Houston, TX 1,352,2511.4m $40.7m $40.7m 1.22% Added +17.4k +17,436
2 Composition Wealth, LLC 0.29% of their portfolio LOS ANGELES, CA 637,454637.5k $19.2m $19.2m 0.29% Reduced -14.1k -14,114
3 HFG Wealth Management, LLC 7.97% of their portfolio The Woodlands, TX 487,866487.9k $14.7m $14.7m 7.97% Added +4.8k +4,803
4 PFS Partners, LLC 4.16% of their portfolio MINE HILL, NJ 290,531290.5k $8.7m $8.7m 4.16% Reduced -1.7k -1,705
5 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 262,074262.1k $7.9m $7.9m 0.01% Reduced -26.6k -26,626
6 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 144,277144.3k $4.3m $4.3m 0.02% Added +10.7k +10,744
7 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 136,830136.8k $4.1m $4.1m 0.00% Added +8.5k +8,453
8 PRINCIPAL SECURITIES, INC. 0.05% of their portfolio DES MOINES, IA 107,563107.6k $3.2m $3.2m 0.05% Reduced -398 -398
9 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 102,438102.4k $3.1m $3.1m 0.00% Reduced -1.4k -1,410
10 Tradition Wealth Management, LLC 0.22% of their portfolio EDINA, MN 100,199100.2k $3.0m $3.0m 0.22% Reduced -342 -342
11 CORRADO ADVISORS, LLC 1.61% of their portfolio RAMSEY, NJ 99,57499.6k $3.0m $3.0m 1.61% Reduced -537 -537
12 Strategic Blueprint, LLC 0.12% of their portfolio ATLANTA, GA 93,28193.3k $2.8m $2.8m 0.12% Reduced -179.2k -179,231
13 NorthCoast Asset Management LLC 0.01% of their portfolio STAMFORD, CT 82,25882.3k $2.5m $2.5m 0.01% Reduced -1.5k -1,485
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 81,10781.1k $2.4m $2.4m 0.00% Reduced -24.5k -24,481
15 Fragasso Financial Advisors Inc 0.15% of their portfolio SEWICKLEY, PA 79,92979.9k $2.4m $2.4m 0.15% Reduced -1.3k -1,295
16 Brookstone Capital Management 0.02% of their portfolio WHEATON, IL 62,51462.5k $1.9m $1.9m 0.02% Reduced -706 -706
17 INVESTMENT MANAGEMENT CORP /VA/ /ADV 1.54% of their portfolio ROANOKE, VA 59,56759.6k $1.8m $1.8m 1.54% Reduced -1.1k -1,110
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 58,60058.6k $1.8m $1.8m 0.00% Added +4.2k +4,180
19 Chris Bulman Inc 0.87% of their portfolio ROSEVILLE, CA 58,02158.0k $1.7m $1.7m 0.87% Reduced -1.2k -1,233
20 CWM, LLC 0.01% of their portfolio OMAHA, NE 57,66957.7k $1.7m $1.7m 0.01% Reduced -145 -145
21 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 57,14457.1k $1.7m $1.7m 0.00% Added +37 +37
22 WPWealth LLP 0.28% of their portfolio FORT WORTH, TX 56,95157.0k $1.7m $1.7m 0.28% Unchanged
23 Berger Financial Group, Inc 0.09% of their portfolio PLYMOUTH, MN 51,70351.7k $1.6m $1.6m 0.09% Reduced -1.5k -1,535
24 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 50,46650.5k $1.5m $1.5m 0.02% Added +17.8k +17,843
25 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 49,34449.3k $1.5m $1.5m 0.01% Reduced -16.6k -16,553
26 IFP Advisors, Inc 0.03% of their portfolio TAMPA, FL 40,24640.2k $1.2m $1.2m 0.03% Added +1.6k +1,552
27 FIDUCIARY FINANCIAL GROUP, LLC 0.19% of their portfolio SAN RAFAEL, CA 39,33139.3k $1.2m $1.2m 0.19% Reduced -753 -753
28 Triad Wealth Partners, LLC 0.15% of their portfolio LAWRENCE, KS 37,57137.6k $1.1m $1.1m 0.15% Added +16.0k +16,038
29 GILL CAPITAL PARTNERS, LLC 0.34% of their portfolio DENVER, CO 36,84236.8k $1.1m $1.1m 0.34% Added +1.7k +1,695
30 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 35,79535.8k $1.1m $1.1m 0.01% Reduced -304 -304
31 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 34,77734.8k $1.0m $1.0m 0.00% Reduced -17.9k -17,903
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 33,48433.5k $1.0m $1.0m 0.00% Added +13.4k +13,374
33 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 30,74130.7k $924.4k $924.4k 0.00% Reduced -3.2k -3,155
34 ODonnell Financial Services, LLC 0.30% of their portfolio SAN RAFAEL, CA 28,48228.5k $856.4k $856.4k 0.30% Reduced -5.6k -5,609
35 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 28,42628.4k $854.7k $854.7k 0.00% Reduced -4.4k -4,432
36 Cardinal Point Capital Management ULC 0.06% of their portfolio TORONTO, A6 26,55026.6k $795.4k $795.4k 0.06% Unchanged
37 BCS Wealth Management 0.18% of their portfolio JOHNSON CITY, TN 26,15826.2k $786.5k $786.5k 0.18% Reduced -4.1k -4,117
38 FOUNDERS FINANCIAL SECURITIES LLC 0.05% of their portfolio TOWSON, MD 23,20023.2k $697.6k $697.6k 0.05% Added +4.9k +4,900
39 AdvisorNet Financial, Inc 0.04% of their portfolio MINNETONKA, MN 21,11421.1k $634.9k $634.9k 0.04% Unchanged
40 Wealthspire Retirement, LLC 0.04% of their portfolio ALISO VIEJO, CA 19,86919.9k $597.4k $597.4k 0.04% Reduced -450 -450
41 Avantax Planning Partners, Inc. 0.02% of their portfolio DUBUQUE, IA 19,05219.1k $572.9k $572.9k 0.02% Reduced -1.1k -1,102
42 SIGNATUREFD, LLC 0.01% of their portfolio ATLANTA, GA 18,20418.2k $547.4k $547.4k 0.01% Unchanged
43 Valmark Advisers, Inc. 0.01% of their portfolio AKRON, OH 18,03318.0k $542.2k $542.2k 0.01% Unchanged
44 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 17,50117.5k $526.2k $526.2k 0.00% Reduced -69 -69
45 WEALTH ALLIANCE, LLC 0.05% of their portfolio MELLVILLE, NY 17,29317.3k $520.0k $520.0k 0.05% Unchanged
46 DHJJ Financial Advisors, Ltd. 0.18% of their portfolio NAPERVILLE, IL 17,28817.3k $519.8k $519.8k 0.18% Unchanged
47 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio CEDAR RAPIDS, IA 16,92516.9k $508.9k $508.9k 0.03% Unchanged
48 Compass Advisory Group LLC 0.14% of their portfolio MELVILLE, NY 16,01916.0k $481.7k $481.7k 0.14% Reduced -3.8k -3,815
49 Advus Financial Partners, LLC 0.11% of their portfolio WINTER PARK, FL 15,69815.7k $472.0k $472.0k 0.11% Added +140 +140
50 Straight Path Wealth Management 0.12% of their portfolio Jenison, MI 14,53914.5k $437.2k $437.2k 0.12% Added +390 +390
51 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 14,40114.4k $433.0k $433.0k 0.00% Added +362 +362
52 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 14,39214.4k $433.0k $433.0k 0.00% Unchanged
53 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 14,12614.1k $424.8k $424.8k 0.00% Reduced -7.6k -7,641
54 Prairie Wealth Advisors, Inc. 0.17% of their portfolio OMAHA, NE 13,94213.9k $419.2k $419.2k 0.17% Reduced -30 -30
55 Forvis Mazars Wealth Advisors, LLC 0.01% of their portfolio Springfield, MO 13,40713.4k $403.1k $403.1k 0.01% Reduced -6.2k -6,177
56 Ausdal Financial Partners, Inc. 0.02% of their portfolio Davenport, IA 13,25913.3k $398.7k $398.7k 0.02% Added +6.3k +6,263
57 Financial Network Wealth Advisors LLC 0.41% of their portfolio MURRAY, UT 12,32112.3k $370.5k $370.5k 0.41% Unchanged
58 Diligent Investors, LLC 0.09% of their portfolio REDLANDS, CA 12,25812.3k $368.6k $368.6k 0.09% Reduced -1.1k -1,055
59 PFG Advisors 0.01% of their portfolio Phoenix, AZ 12,07912.1k $363.2k $363.2k 0.01% Reduced -701 -701
60 AMERICAN ASSET MANAGEMENT INC. 0.32% of their portfolio Boca Raton, FL 11,90011.9k $357.8k $357.8k 0.32% Unchanged
61 Beacon Financial Advisory LLC 0.08% of their portfolio CLEVELAND, OH 11,50611.5k $346.0k $346.0k 0.08% Reduced -650 -650
62 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 11,33911.3k $341.0k $341.0k 0.00% Reduced -2.8k -2,839
63 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 11,33011.3k $340.7k $340.7k 0.00% Added +1.0k +1,000
64 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 11,24711.2k $338.2k $338.2k 0.01% New
65 COMMONS CAPITAL, LLC 0.23% of their portfolio NEEDHAM, MA 11,15911.2k $335.5k $335.5k 0.23% Reduced -175 -175
66 First Commonwealth Financial Corp /PA/ 0.05% of their portfolio Indiana, PA 10,90110.9k $327.8k $327.8k 0.05% Unchanged
67 Compound Planning, Inc. 0.01% of their portfolio NEW YORK, NY 10,39610.4k $312.6k $312.6k 0.01% Reduced -4.1k -4,148
68 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 10,32510.3k $310.5k $310.5k 0.00% Unchanged
69 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 10,18210.2k $306.2k $306.2k 0.00% Unchanged
70 Lantz Financial LLC 0.07% of their portfolio NAPERVILLE, IL 10,00310.0k $300.8k $300.8k 0.07% Unchanged
71 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 9,8659.9k $296.6k $296.6k 0.01% Unchanged
72 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 9,7799.8k $294.0k $294.0k 0.00% Added +1 +1
73 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 9,4519.5k $284.2k $284.2k 0.00% New
74 WEBSTERROGERS FINANCIAL ADVISORS, LLC 0.08% of their portfolio FLORENCE, SC 9,1099.1k $273.9k $273.9k 0.08% Unchanged
75 WorthPointe, LLC 0.10% of their portfolio La Jolla, CA 9,1039.1k $273.7k $273.7k 0.10% Unchanged
76 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 8,9468.9k $269.0k $269.0k 0.00% Reduced -2.2k -2,183
77 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 8,5808.6k $258.0k $258.0k 0.00% Added +217 +217
78 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 8,3598.4k $251.3k $251.3k 0.00% Reduced -1 -1
79 CRA Financial Services, LLC 0.03% of their portfolio NORTHFIELD, NJ 8,1808.2k $246.0k $246.0k 0.03% Unchanged
80 Navis Wealth Advisors, LLC 0.17% of their portfolio RYE BROOK, NY 7,6867.7k $231.1k $231.1k 0.17% New
81 SageView Advisory Group, LLC 0.01% of their portfolio Newport Beach, CA 7,3657.4k $221.5k $221.5k 0.01% Reduced -32.5k -32,480
82 Helium Advisors LLC 0.18% of their portfolio VANCOUVER, WA 7,3277.3k $220.3k $220.3k 0.18% Reduced -6.4k -6,435
83 BLVD Private Wealth, LLC 0.18% of their portfolio Prospect, KY 7,0987.1k $213.4k $213.4k 0.18% Reduced -3.2k -3,169
84 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 6,6986.7k $201.4k $201.4k 0.01% Reduced -22.6k -22,636
85 Global Wealth Strategies & Associates 0.03% of their portfolio DENVER, CO 3,3653.4k $101.2k $101.2k 0.03% New
86 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 3,0783.1k $92.6k $92.6k 0.01% Reduced -200 -200
87 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2,9533.0k $88.8k $88.8k 0.00% Added +1.7k +1,706
88 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 2,3662.4k $71.1k $71.1k 0.00% New
89 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 1,2571.3k $37.8k $37.8k 0.00% New
90 Financial Gravity Asset Management, Inc. 0.01% of their portfolio Lakeway, TX 1,1441.1k $34.4k $34.4k 0.01% First filing
91 UBS Group AG 0.00% of their portfolio ZURICH, V8 999999 $30.0k $30.0k 0.00% Reduced -7.5k -7,525
92 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 900900 $27.0k $27.0k 0.00% Reduced -900 -900
93 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 732732 $22.0k $22.0k 0.00% Unchanged
94 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 500500 $15.0k $15.0k 0.00% Unchanged
95 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 409409 $12.3k $12.3k 0.00% Unchanged
96 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 200200 $6.0k $6.0k 0.00% Unchanged
97 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 167167 $5.0k $5.0k 0.00% Added +59 +59