Vault-13

INNOVATOR ETFS TRUST IAPR

INTRNL DEV APRL · ETP · CUSIP 45782C367

105 institutional holders +5 vs Q4 2025
4,293,3344.3m shares reported held*
$136.5mreported value*
12 new 30 added 33 reduced 10 sold out net sold ≈ $44.5m (-1.4m 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 ≈ $31.79.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 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: 97Q4 25: 100Q1 26: 105105Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q4 2025100
Q1 2026105

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 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 25Q4 25: 26 bought or addedQ4 25: 48 cut or sold outQ1 26: 42 bought or addedQ1 26: 43 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20244828
Q3 20242242
Q4 20242638
Q1 20252240
Q2 20256226
Q3 20252752
Q4 20252648
Q1 20264243

Biggest buyers

Cerity Partners LLC New +32,017+32.0k
Kestra Advisory Services, LLC Added +31,603+31.6k
Creative Planning New +28,066+28.1k
OLD MISSION CAPITAL LLC Added +19,793+19.8k
Caliber Wealth Management, LLC / KS New +11,718+11.7k
Signal Advisors Wealth, LLC Added +10,241+10.2k
NewEdge Advisors, LLC Added +9,579+9.6k
Triad Wealth Partners, LLC Added +9,565+9.6k
BFI Wealth Solutions, LLC Added +8,368+8.4k
RED CRANE WEALTH MANAGEMENT, LLC New +6,610+6.6k

Biggest sellers

Americana Partners, LLC Reduced -1,234,653-1.2m
PRINCIPAL SECURITIES, INC. Sold out -107,563-107.6k
Composition Wealth, LLC Reduced -80,465-80.5k
BCS Wealth Management Reduced -28,350-28.4k
Valmark Advisers, Inc. Sold out -18,033-18.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -16,187-16.2k
OSAIC HOLDINGS, INC. Reduced -15,129-15.1k
Janney Montgomery Scott LLC Sold out -14,392-14.4k
AMERICAN ASSET MANAGEMENT INC. Sold out -11,900-11.9k
HFG Wealth Management, LLC Reduced -11,135-11.1k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Composition Wealth, LLC 0.22% of their portfolio LOS ANGELES, CA 499,732499.7k $15.8m $15.8m 0.22% Reduced -80.5k -80,465
2 HFG Wealth Management, LLC 8.25% of their portfolio The Woodlands, TX 473,603473.6k $15.0m $15.0m 8.25% Reduced -11.1k -11,135
3 PFS Partners, LLC 4.13% of their portfolio MINE HILL, NJ 284,514284.5k $9.0m $9.0m 4.13% Reduced -2.6k -2,635
4 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 234,122234.1k $7.4m $7.4m 0.01% Reduced -16.2k -16,187
5 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 161,786161.8k $5.1m $5.1m 0.02% Added +9.6k +9,579
6 Americana Partners, LLC 0.10% of their portfolio Houston, TX 126,545126.5k $4.0m $4.0m 0.10% Reduced -1.2m -1,234,653
7 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 120,349120.3k $3.8m $3.8m 0.00% Reduced -3.8k -3,821
8 Tradition Wealth Management, LLC 0.22% of their portfolio EDINA, MN 96,76096.8k $3.1m $3.1m 0.22% Reduced -1.1k -1,096
9 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 95,54495.5k $3.0m $3.0m 0.00% Added +149 +149
10 BIP Wealth, LLC 0.11% of their portfolio ATLANTA, GA 86,56586.6k $2.7m $2.7m 0.11% Reduced -5.1k -5,075
11 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 80,54680.5k $2.6m $2.6m 0.01% Added +31.6k +31,603
12 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 76,43076.4k $2.4m $2.4m 0.00% Added +285 +285
13 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 74,22574.2k $2.4m $2.4m 0.00% Added +958 +958
14 BFI Wealth Solutions, LLC 2.06% of their portfolio DALLAS, TX 67,01767.0k $2.1m $2.1m 2.06% Added +8.4k +8,368
15 Fragasso Financial Advisors Inc 0.13% of their portfolio SEWICKLEY, PA 66,78466.8k $2.1m $2.1m 0.13% Reduced -9.4k -9,407
16 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 65,42165.4k $2.1m $2.1m 0.00% Reduced -15.1k -15,129
17 Brookstone Capital Management 0.02% of their portfolio WHEATON, IL 63,41363.4k $2.0m $2.0m 0.02% Added +602 +602
18 OLD MISSION CAPITAL LLC 0.05% of their portfolio CHICAGO, IL 63,37063.4k $2.0m $2.0m 0.05% Added +19.8k +19,793
19 Chris Bulman Inc 0.85% of their portfolio ROSEVILLE, CA 61,19361.2k $1.9m $1.9m 0.85% Added +1.6k +1,594
20 Talon Private Wealth, LLC 0.26% of their portfolio THE VILLAGES, FL 61,14661.1k $1.9m $1.9m 0.26% First filing
21 Signal Advisors Wealth, LLC 0.13% of their portfolio DETROIT, MI 61,14661.1k $1.9m $1.9m 0.13% Added +10.2k +10,241
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 60,70060.7k $1.9m $1.9m 0.00% Added +943 +943
23 CWM, LLC 0.01% of their portfolio OMAHA, NE 60,32760.3k $1.9m $1.9m 0.01% Reduced -583 -583
24 INVESTMENT MANAGEMENT CORP /VA/ /ADV 1.61% of their portfolio ROANOKE, VA 59,06359.1k $1.9m $1.9m 1.61% Added +916 +916
25 Triad Wealth Partners, LLC 0.13% of their portfolio LAWRENCE, KS 53,66853.7k $1.7m $1.7m 0.13% Added +9.6k +9,565
26 WPWealth LLP 0.25% of their portfolio FORT WORTH, TX 51,22951.2k $1.6m $1.6m 0.25% Reduced -4.0k -3,951
27 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 48,40348.4k $1.5m $1.5m 0.01% Added +680 +680
28 Berger Financial Group, Inc 0.08% of their portfolio PLYMOUTH, MN 43,22043.2k $1.4m $1.4m 0.08% Reduced -406 -406
29 CORRADO ADVISORS, LLC 0.71% of their portfolio RAMSEY, NJ 43,13543.1k $1.4m $1.4m 0.71% Reduced -414 -414
30 FIDUCIARY FINANCIAL GROUP, LLC 0.17% of their portfolio SAN RAFAEL, CA 39,33139.3k $1.2m $1.2m 0.17% Unchanged
31 GILL CAPITAL PARTNERS, LLC 0.32% of their portfolio DENVER, CO 35,13635.1k $1.1m $1.1m 0.32% Unchanged
32 FOUNDERS FINANCIAL SECURITIES LLC 0.06% of their portfolio TOWSON, MD 32,11232.1k $1.0m $1.0m 0.06% Added +5.0k +5,033
33 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 32,01732.0k $1.0m $1.0m 0.00% New
34 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 31,75231.8k $1.0m $1.0m 0.02% Reduced -4.9k -4,923
35 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 31,61131.6k $1.0m $1.0m 0.00% Added +3.2k +3,185
36 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 30,60630.6k $969.3k $969.3k 0.01% Reduced -360 -360
37 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 29,88129.9k $946.3k $946.3k 0.00% Reduced -835 -835
38 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 28,79428.8k $911.9k $911.9k 0.01% Added +928 +928
39 ODonnell Financial Services, LLC 0.31% of their portfolio SAN RAFAEL, CA 28,48228.5k $902.0k $902.0k 0.31% Unchanged
40 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 28,06628.1k $888.9k $888.9k 0.00% New
41 Cardinal Point Capital Management ULC 0.05% of their portfolio TORONTO, A6 26,55026.6k $840.8k $840.8k 0.05% Unchanged
42 BCS Wealth Management 0.15% of their portfolio JOHNSON CITY, TN 23,87623.9k $756.2k $756.2k 0.15% Reduced -28.4k -28,350
43 Opus Financial Solutions LLC 0.65% of their portfolio DOWNERS GROVE, IL 21,93521.9k $694.7k $694.7k 0.65% Reduced -10.2k -10,158
44 AdvisorNet Financial, Inc 0.03% of their portfolio MINNETONKA, MN 21,11421.1k $668.7k $668.7k 0.03% Unchanged
45 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 19,42119.4k $615.1k $615.1k 0.00% Reduced -699 -699
46 Avantax Planning Partners, Inc. 0.02% of their portfolio DUBUQUE, IA 19,05219.1k $603.4k $603.4k 0.02% Unchanged
47 SIGNATUREFD, LLC 0.01% of their portfolio ATLANTA, GA 18,20418.2k $576.5k $576.5k 0.01% Unchanged
48 WEALTH ALLIANCE, LLC 0.05% of their portfolio MELLVILLE, NY 16,93016.9k $536.2k $536.2k 0.05% Reduced -363 -363
49 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio CEDAR RAPIDS, IA 16,82516.8k $532.8k $532.8k 0.03% Unchanged
50 Compass Advisory Group LLC 0.14% of their portfolio MELVILLE, NY 16,36916.4k $518.4k $518.4k 0.14% Added +350 +350
51 DHJJ Financial Advisors, Ltd. 0.17% of their portfolio NAPERVILLE, IL 16,13316.1k $510.9k $510.9k 0.17% Reduced -530 -530
52 Straight Path Wealth Management 0.13% of their portfolio Jenison, MI 15,35515.4k $486.3k $486.3k 0.13% Added +435 +435
53 Advus Financial Partners, LLC 0.11% of their portfolio WINTER PARK, FL 14,29814.3k $452.8k $452.8k 0.11% Unchanged
54 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 14,12614.1k $447.4k $447.4k 0.00% Reduced -557 -557
55 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,80413.8k $437.2k $437.2k 0.00% Reduced -7.0k -6,996
56 Wealthspire Retirement, LLC 0.03% of their portfolio ALISO VIEJO, CA 13,62213.6k $431.4k $431.4k 0.03% Reduced -5.6k -5,557
57 Ausdal Financial Partners, Inc. 0.02% of their portfolio Davenport, IA 13,25913.3k $419.9k $419.9k 0.02% Unchanged
58 WealthPlan Investment Management, LLC 0.02% of their portfolio OMAHA, NE 12,44512.4k $394.1k $394.1k 0.02% Reduced -96 -96
59 Financial Network Wealth Advisors LLC 0.40% of their portfolio MURRAY, UT 12,32112.3k $390.2k $390.2k 0.40% Unchanged
60 Diligent Investors, LLC 0.10% of their portfolio REDLANDS, CA 12,25812.3k $388.2k $388.2k 0.10% Unchanged
61 Beacon Financial Advisory LLC 0.09% of their portfolio CLEVELAND, OH 11,96812.0k $379.0k $379.0k 0.09% Added +462 +462
62 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 11,83311.8k $374.8k $374.8k 0.00% Added +262 +262
63 Caliber Wealth Management, LLC / KS 0.04% of their portfolio Overland Park, KS 11,71811.7k $371.1k $371.1k 0.04% New
64 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 11,33011.3k $358.8k $358.8k 0.00% Unchanged
65 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 10,93210.9k $346.2k $346.2k 0.00% Added +2.2k +2,247
66 Forvis Mazars Wealth Advisors, LLC 0.01% of their portfolio Springfield, MO 10,80210.8k $342.1k $342.1k 0.01% Reduced -2.0k -1,973
67 PFG Advisors 0.02% of their portfolio Phoenix, AZ 10,67110.7k $338.0k $338.0k 0.02% Added +33 +33
68 Rothschild Wealth LLC 0.03% of their portfolio OAK BROOK, IL 10,52310.5k $333.3k $333.3k 0.03% Reduced -2.0k -1,991
69 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 10,12510.1k $320.7k $320.7k 0.00% Unchanged
70 Compound Planning, Inc. 0.01% of their portfolio NEW YORK, NY 9,96610.0k $315.6k $315.6k 0.01% Reduced -427 -427
71 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 9,8659.9k $312.4k $312.4k 0.01% Unchanged
72 Vantage Point Financial LLC 0.11% of their portfolio LISLE, IL 9,6469.6k $305.5k $305.5k 0.11% Added +3.1k +3,143
73 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 9,5269.5k $302.0k $302.0k 0.00% Added +1.0k +1,037
74 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 9,3769.4k $296.9k $296.9k 0.00% Reduced -189 -189
75 Ballast Rock Private Wealth LLC 0.16% of their portfolio CHARLESTON, SC 9,0629.1k $287.0k $287.0k 0.16% Reduced -918 -918
76 Navis Wealth Advisors, LLC 0.15% of their portfolio RYE BROOK, NY 8,9869.0k $284.6k $284.6k 0.15% Added +1.3k +1,300
77 CRA Financial Services, LLC 0.03% of their portfolio NORTHFIELD, NJ 8,1808.2k $259.1k $259.1k 0.03% Unchanged
78 TrustBank 0.10% of their portfolio OLNEY, IL 7,8717.9k $249.3k $249.3k 0.10% Added +150 +150
79 SageView Advisory Group, LLC 0.01% of their portfolio Newport Beach, CA 7,3657.4k $233.2k $233.2k 0.01% Unchanged
80 Cornerstone Wealth, LLC/TN 0.13% of their portfolio GREENEVILLE, TN 7,1807.2k $233.1k $233.1k 0.13% First filing
81 RED CRANE WEALTH MANAGEMENT, LLC 0.17% of their portfolio SAN FRANCISCO, CA 6,6106.6k $209.3k $209.3k 0.17% New
82 Helium Advisors LLC 0.20% of their portfolio VANCOUVER, WA 6,5846.6k $208.5k $208.5k 0.20% Unchanged
83 Main Street Financial Solutions, LLC 0.02% of their portfolio NEWTOWN, PA 6,5156.5k $206.3k $206.3k 0.02% Unchanged
84 Collaborative Wealth Managment Inc. 0.09% of their portfolio LAKE MARY, FL 6,4816.5k $205.3k $205.3k 0.09% New
85 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,4466.4k $201.6k $201.6k 0.00% Added +6.3k +6,309
86 Long Island Wealth Management, Inc. 0.09% of their portfolio MELVILLE, NY 6,3676.4k $201.6k $201.6k 0.09% New
87 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 6,3496.3k $201.1k $201.1k 0.00% New
88 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 6,0726.1k $192.3k $192.3k 0.00% Unchanged
89 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,2833.3k $104.0k $104.0k 0.00% Added +3.1k +3,083
90 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 3,0333.0k $96.1k $96.1k 0.00% Added +358 +358
91 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,6292.6k $83.3k $83.3k 0.00% New
92 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 2,4752.5k $78.4k $78.4k 0.00% Reduced -279 -279
93 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 2,3662.4k $74.9k $74.9k 0.00% New
94 TopTier Wealth Management, LLC 0.02% of their portfolio MUSKEGO, WI 964964 $30.5k $30.5k 0.02% New
95 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 900900 $29.0k $29.0k 0.00% Unchanged
96 IFG Advisory, LLC 0.07% of their portfolio ATLANTA, GA 800800 $25.3k $25.3k 0.07% New
97 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 682682 $21.6k $21.6k 0.00% Reduced -50 -50
98 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 500500 $15.8k $15.8k 0.00% Unchanged
99 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 409409 $13.0k $13.0k 0.00% Unchanged
100 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 341341 $10.8k $10.8k 0.00% Unchanged