Vault-13

INNOVATOR ETFS TRUST KJAN

US SML CP PWR B · ETP · CUSIP 45782C474

122 institutional holders +4 vs Q3 2025
4,777,3984.8m shares reported held*
$198.0mreported value*
11 new 19 added 54 reduced 17 sold out net sold ≈ $13.4m (-322.8k 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 ≈ $41.45.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 64Q4 22: 70Q1 23: 75Q2 23: 78Q3 23: 73Q4 23: 88Q1 24: 123Q2 24: 125Q3 24: 119Q4 24: 123Q1 25: 130Q2 25: 121Q3 25: 118Q4 25: 122122Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202264
Q4 202270
Q1 202375
Q2 202378
Q3 202373
Q4 202388
Q1 2024123
Q2 2024125
Q3 2024119
Q4 2024123
Q1 2025130
Q2 2025121
Q3 2025118
Q4 2025122

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 96 bought or addedQ1 24: 21 cut or sold outQ2 24: 51 bought or addedQ2 24: 55 cut or sold outQ2 24Q3 24: 37 bought or addedQ3 24: 66 cut or sold outQ4 24: 23 bought or addedQ4 24: 69 cut or sold outQ4 24Q1 25: 66 bought or addedQ1 25: 51 cut or sold outQ2 25: 42 bought or addedQ2 25: 59 cut or sold outQ2 25Q3 25: 27 bought or addedQ3 25: 65 cut or sold outQ4 25: 30 bought or addedQ4 25: 71 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20249621
Q2 20245155
Q3 20243766
Q4 20242369
Q1 20256651
Q2 20254259
Q3 20252765
Q4 20253071

Biggest buyers

JDM Financial Group LLC New +30,733+30.7k
AssuredPartners Investment Advisors, LLC New +27,021+27.0k
BIP Wealth, LLC New +14,417+14.4k
GWN SECURITIES INC. New +13,307+13.3k
LPL Financial LLC Added +12,117+12.1k
WEALTHGARDEN F.S. LLC New +11,181+11.2k
Cresset Asset Management, LLC New +9,608+9.6k
BCS Wealth Management New +9,316+9.3k
Private Advisor Group, LLC New +8,555+8.6k
World Investment Advisors Added +5,187+5.2k

Biggest sellers

RAYMOND JAMES FINANCIAL INC Reduced -69,214-69.2k
Strategic Blueprint, LLC Sold out -49,995-50.0k
OLD MISSION CAPITAL LLC Sold out -47,031-47.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -38,119-38.1k
INVESTMENT MANAGEMENT CORP /VA/ /ADV Reduced -33,034-33.0k
OneDigital Investment Advisors LLC Reduced -31,019-31.0k
GTS SECURITIES LLC Sold out -23,890-23.9k
Belpointe Asset Management LLC Sold out -22,122-22.1k
Cetera Investment Advisers Reduced -17,133-17.1k
OSAIC HOLDINGS, INC. Reduced -14,952-15.0k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PFS Partners, LLC 9.64% of their portfolio MINE HILL, NJ 507,283507.3k $21.0m $21.0m 9.64% Reduced -3.1k -3,150
2 Long Island Wealth Management, Inc. 8.53% of their portfolio MELVILLE, NY 435,696435.7k $18.0m $18.0m 8.53% Added +4.4k +4,413
3 Compass Advisory Group LLC 3.16% of their portfolio MELVILLE, NY 282,802282.8k $11.7m $11.7m 3.16% Added +2.5k +2,477
4 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 245,269245.3k $10.2m $10.2m 0.01% Reduced -6.5k -6,533
5 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 243,123243.1k $10.1m $10.1m 0.01% Reduced -15.0k -14,952
6 MBL Wealth, LLC 0.72% of their portfolio CHARLOTTE, NC 215,473215.5k $8.9m $8.9m 0.72% Added +833 +833
7 Berkshire Money Management, Inc. 0.59% of their portfolio DALTON, MA 149,379149.4k $6.2m $6.2m 0.59% Reduced -4.3k -4,343
8 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 147,575147.6k $6.1m $6.1m 0.01% Reduced -17.1k -17,133
9 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 121,505121.5k $5.0m $5.0m 0.01% Added +3.0k +3,000
10 PRINCIPAL SECURITIES, INC. 0.07% of their portfolio DES MOINES, IA 115,813115.8k $4.8m $4.8m 0.07% Reduced -1.5k -1,499
11 BFI Wealth Solutions, LLC 4.38% of their portfolio DALLAS, TX 111,045111.0k $4.6m $4.6m 4.38% First filing
12 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 104,789104.8k $4.3m $4.3m 0.00% Added +12.1k +12,117
13 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 103,279103.3k $4.3m $4.3m 0.02% Reduced -1.9k -1,883
14 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 94,03894.0k $4.0m $4.0m 0.01% Reduced -1.8k -1,751
15 AdvisorNet Financial, Inc 0.20% of their portfolio MINNETONKA, MN 89,57589.6k $3.7m $3.7m 0.20% Reduced -10.5k -10,544
16 Sherry Group, Inc. 3.53% of their portfolio MOUNTAIN HOME, AR 80,74280.7k $3.4m $3.4m 3.53% First filing
17 Brookstone Capital Management 0.04% of their portfolio WHEATON, IL 75,98876.0k $3.1m $3.1m 0.04% Reduced -4.7k -4,706
18 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 73,39673.4k $3.0m $3.0m 0.00% Reduced -69.2k -69,214
19 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 71,65271.7k $3.0m $3.0m 0.00% Reduced -387 -387
20 Pallas Capital Advisors LLC 0.10% of their portfolio BRAINTREE, MA 69,62469.6k $2.9m $2.9m 0.10% Reduced -944 -944
21 Sunbelt Securities, Inc. 0.17% of their portfolio HOUSTON, TX 62,61962.6k $2.6m $2.6m 0.17% Reduced -5.2k -5,233
22 INVESTMENT MANAGEMENT CORP /VA/ /ADV 1.78% of their portfolio ROANOKE, VA 51,30951.3k $2.1m $2.1m 1.78% Reduced -33.0k -33,034
23 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 50,87950.9k $2.1m $2.1m 0.01% Reduced -3.5k -3,515
24 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 45,19445.2k $1.9m $1.9m 0.00% Reduced -979 -979
25 Wood Tarver Financial Group, LLC 0.51% of their portfolio BOISE, ID 43,80443.8k $1.8m $1.8m 0.51% Reduced -6.2k -6,243
26 Fragasso Financial Advisors Inc 0.10% of their portfolio SEWICKLEY, PA 39,59339.6k $1.6m $1.6m 0.10% Reduced -4.1k -4,111
27 Faithward Advisors, LLC 0.23% of their portfolio LANCASTER, PA 37,60437.6k $1.6m $1.6m 0.23% Reduced -2.4k -2,437
28 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 36,20736.2k $1.5m $1.5m 0.03% Reduced -3.7k -3,690
29 DHJJ Financial Advisors, Ltd. 0.49% of their portfolio NAPERVILLE, IL 35,42435.4k $1.5m $1.5m 0.49% Reduced -249 -249
30 IFP Advisors, Inc 0.03% of their portfolio TAMPA, FL 35,22435.2k $1.5m $1.5m 0.03% Reduced -399 -399
31 RED CRANE WEALTH MANAGEMENT, LLC 1.10% of their portfolio SAN FRANCISCO, CA 32,57132.6k $1.3m $1.3m 1.10% Reduced -187 -187
32 JDM Financial Group LLC 0.49% of their portfolio AUSTIN, TX 30,73330.7k $1.3m $1.3m 0.49% New
33 Capital Analysts, LLC 0.04% of their portfolio FORT WASHINGTON, PA 30,69930.7k $1.3m $1.3m 0.04% Reduced -2.5k -2,528
34 JT Stratford LLC 0.16% of their portfolio GAINESVILLE, GA 30,27830.3k $1.3m $1.3m 0.16% Reduced -1.6k -1,577
35 FSA Advisors, Inc. 0.83% of their portfolio TROY, MI 28,73528.7k $1.2m $1.2m 0.83% Added +174 +174
36 Weaver Consulting Group 0.29% of their portfolio HUNTINGTON BEACH, CA 28,49728.5k $1.2m $1.2m 0.29% Reduced -667 -667
37 AssuredPartners Investment Advisors, LLC 0.17% of their portfolio Tampa, FL 27,02127.0k $1.1m $1.1m 0.17% New
38 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 26,00626.0k $1.1m $1.1m 0.01% Reduced -31.0k -31,019
39 WEALTH ALLIANCE, LLC 0.10% of their portfolio MELLVILLE, NY 25,64025.6k $1.1m $1.1m 0.10% Reduced -39 -39
40 Miller Financial Services LLC 1.18% of their portfolio MARSHALL, MI 24,16024.2k $1.0m $1.0m 1.18% Reduced -450 -450
41 FOUNDERS FINANCIAL SECURITIES LLC 0.06% of their portfolio TOWSON, MD 22,92522.9k $949.6k $949.6k 0.06% Added +3.1k +3,120
42 BCGM Wealth Management, LLC 0.24% of their portfolio LAFAYETTE, IN 22,45722.5k $930.2k $930.2k 0.24% Unchanged
43 Arete Wealth Advisors, LLC 0.06% of their portfolio CHICAGO, IL 20,47520.5k $848.1k $848.1k 0.06% Unchanged
44 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.04% of their portfolio CEDAR RAPIDS, IA 18,46518.5k $764.8k $764.8k 0.04% Reduced -30 -30
45 HBW ADVISORY SERVICES LLC 0.08% of their portfolio SIMI VALLEY, CA 18,30318.3k $758.1k $758.1k 0.08% Added +43 +43
46 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 18,26518.3k $757.0k $757.0k 0.00% Reduced -2.0k -2,025
47 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 18,11418.1k $750.3k $750.3k 0.01% Unchanged
48 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 17,78217.8k $736.5k $736.5k 0.01% Added +5.2k +5,187
49 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 17,66517.7k $731.7k $731.7k 0.00% Added +355 +355
50 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 17,65917.7k $731.0k $731.0k 0.00% Unchanged
51 WorthPointe, LLC 0.19% of their portfolio La Jolla, CA 17,09017.1k $707.9k $707.9k 0.19% Reduced -51 -51
52 First Commonwealth Financial Corp /PA/ 0.11% of their portfolio Indiana, PA 15,58115.6k $645.4k $645.4k 0.11% Reduced -335 -335
53 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 14,99215.0k $621.0k $621.0k 0.00% Reduced -921 -921
54 BIP Wealth, LLC 0.02% of their portfolio ATLANTA, GA 14,41714.4k $597.2k $597.2k 0.02% New
55 LYNX CAPITAL GROUP LTD /ADV 0.27% of their portfolio BEACHWOOD, OH 14,12114.1k $584.9k $584.9k 0.27% Unchanged
56 Global Trust Wealth Management LLC 0.42% of their portfolio WEST PALM BEACH, FL 13,84013.8k $573.3k $573.3k 0.42% First filing
57 GWN SECURITIES INC. 0.11% of their portfolio Palm Beach Gardens, FL 13,30713.3k $551.2k $551.2k 0.11% New
58 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 12,65412.7k $524.1k $524.1k 0.01% Reduced -596 -596
59 Tradition Wealth Management, LLC 0.04% of their portfolio EDINA, MN 12,65412.7k $524.1k $524.1k 0.04% Added +3.2k +3,168
60 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 12,60712.6k $522.2k $522.2k 0.00% Added +260 +260
61 Trek Financial, LLC 0.03% of their portfolio Scottsdale, AZ 12,36012.4k $512.0k $512.0k 0.03% Reduced -389 -389
62 Diligent Investors, LLC 0.12% of their portfolio REDLANDS, CA 12,07312.1k $500.1k $500.1k 0.12% Added +2.5k +2,500
63 Clear Point Advisors Inc. 0.39% of their portfolio MELVILLE, NY 12,00412.0k $497.2k $497.2k 0.39% Reduced -845 -845
64 Collaborative Wealth Managment Inc. 0.17% of their portfolio LAKE MARY, FL 11,95812.0k $495.3k $495.3k 0.17% Reduced -1.4k -1,388
65 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 11,84411.8k $490.6k $490.6k 0.00% Added +1.6k +1,617
66 First Heartland Consultants, Inc. 0.04% of their portfolio LAKE ST. LOUIS, MO 11,71311.7k $485.2k $485.2k 0.04% Added +1.2k +1,217
67 First City Capital Management, Inc. 0.26% of their portfolio SAVANNAH, GA 11,67011.7k $483.4k $483.4k 0.26% Unchanged
68 WEALTHGARDEN F.S. LLC 0.32% of their portfolio EL SEGUNDO, CA 11,18111.2k $478.2k $478.2k 0.32% New
69 TopTier Wealth Management, LLC 0.31% of their portfolio MUSKEGO, WI 11,04411.0k $457.4k $457.4k 0.31% First filing
70 Forvis Mazars Wealth Advisors, LLC 0.01% of their portfolio Springfield, MO 10,83610.8k $448.8k $448.8k 0.01% Unchanged
71 Visionary Wealth Advisors 0.02% of their portfolio O'FALLON, IL 10,67210.7k $442.0k $442.0k 0.02% Unchanged
72 Koshinski Asset Management, Inc. 0.03% of their portfolio DECATUR, IL 10,57010.6k $437.8k $437.8k 0.03% Reduced -10 -10
73 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 10,25510.3k $424.8k $424.8k 0.01% Added +255 +255
74 Main Street Financial Solutions, LLC 0.03% of their portfolio NEWTOWN, PA 9,7009.7k $401.8k $401.8k 0.03% Unchanged
75 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 9,6089.6k $398.0k $398.0k 0.00% New
76 BCS Wealth Management 0.04% of their portfolio JOHNSON CITY, TN 9,3169.3k $385.9k $385.9k 0.04% New
77 RED REEF ADVISORS LLC 0.39% of their portfolio BOCA RATON, FL 9,2779.3k $384.3k $384.3k 0.39% First filing
78 Valtinson Bruner Financial Planning LLC 0.11% of their portfolio NEW BRIGHTON, MN 8,9068.9k $368.9k $368.9k 0.11% Unchanged
79 CREATIVE FINANCIAL DESIGNS INC /ADV 0.02% of their portfolio KOKOMO, IN 8,6558.7k $358.5k $358.5k 0.02% Reduced -125 -125
80 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 8,5558.6k $354.3k $354.3k 0.00% New
81 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 8,4888.5k $351.6k $351.6k 0.00% Reduced -572 -572
82 U.S. Capital Wealth Advisors, LLC 0.01% of their portfolio AUSTIN, TX 8,4028.4k $348.0k $348.0k 0.01% Added +2.5k +2,450
83 ODonnell Financial Services, LLC 0.12% of their portfolio SAN RAFAEL, CA 8,3798.4k $347.1k $347.1k 0.12% Reduced -364 -364
84 Crown Wealth Group, LLC 0.09% of their portfolio Charlotte, NC 8,1008.1k $335.5k $335.5k 0.09% Unchanged
85 1776 Wealth LLC 0.12% of their portfolio ATLANTA, GA 7,9858.0k $330.7k $330.7k 0.12% Added +510 +510
86 Vantage Point Financial LLC 0.11% of their portfolio LISLE, IL 7,5117.5k $311.1k $311.1k 0.11% Unchanged
87 Keating Financial Advisory Services, Inc. 0.04% of their portfolio MANHATTAN, KS 7,2297.2k $299.4k $299.4k 0.04% First filing
88 Cornerstone Wealth Group, LLC 0.02% of their portfolio HUNTERSVILLE, NC 7,1737.2k $297.1k $297.1k 0.02% Unchanged
89 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 7,1027.1k $294.2k $294.2k 0.00% First filing
90 Cassady Wealth & Retirement Planning, LLC 0.19% of their portfolio HENDERSON, NV 7,0057.0k $290.1k $290.1k 0.19% First filing
91 Berger Financial Group, Inc 0.02% of their portfolio PLYMOUTH, MN 6,4876.5k $268.7k $268.7k 0.02% Unchanged
92 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 6,1966.2k $256.6k $256.6k 0.00% Unchanged
93 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 6,1456.1k $255.0k $255.0k 0.01% Unchanged
94 Grantvest Financial Group LLC 0.16% of their portfolio MATAWAN, NJ 6,0796.1k $251.8k $251.8k 0.16% Unchanged
95 TFB Advisors LLC 0.07% of their portfolio OVERLAND PARK, KS 6,0256.0k $249.6k $249.6k 0.07% Reduced -226 -226
96 Liberty Atlantic Advisors LLC 0.24% of their portfolio ALLEN, TX 5,9936.0k $248.2k $248.2k 0.24% First filing
97 Outlook Wealth Advisors, LLC 0.05% of their portfolio SHENANDOAH, TX 5,6535.7k $234.1k $234.1k 0.05% Reduced -802 -802
98 WINNACLE WEALTH LLC 0.18% of their portfolio WACO, TX 5,6535.7k $237.4k $237.4k 0.18% Reduced -871 -871
99 SageView Advisory Group, LLC 0.01% of their portfolio Newport Beach, CA 5,2735.3k $218.4k $218.4k 0.01% Reduced -1.5k -1,532
100 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 5,0705.1k $239.0k $239.0k 0.01% Reduced -93 -93