Vault-13

INNOVATOR ETFS TRUST PJAN

US EQTY PWR BUF · ETP · CUSIP 45782C508

291 institutional holders +10 vs Q1 2026
22,788,89222.8m shares reported held*
$1.1bnreported value*
25 new 54 added 130 reduced 12 sold out net sold ≈ $197.8m (-4.0m 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 ($3.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.15.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 125Q4 22: 131Q1 23: 151Q2 23: 153Q3 23: 147Q4 23: 170Q1 24: 217Q2 24: 220Q3 24: 215Q4 24: 224Q1 25: 244Q2 25: 247Q3 25: 238Q4 25: 254Q1 26: 281Q2 26: 291291Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022125
Q4 2022131
Q1 2023151
Q2 2023153
Q3 2023147
Q4 2023170
Q1 2024217
Q2 2024220
Q3 2024215
Q4 2024224
Q1 2025244
Q2 2025247
Q3 2025238
Q4 2025254
Q1 2026281
Q2 2026291

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 54 bought or addedQ3 24: 117 cut or sold outQ4 24: 63 bought or addedQ4 24: 112 cut or sold outQ4 24Q1 25: 136 bought or addedQ1 25: 81 cut or sold outQ2 25: 75 bought or addedQ2 25: 113 cut or sold outQ2 25Q3 25: 54 bought or addedQ3 25: 124 cut or sold outQ4 25: 89 bought or addedQ4 25: 119 cut or sold outQ4 25Q1 26: 161 bought or addedQ1 26: 86 cut or sold outQ2 26: 79 bought or addedQ2 26: 142 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202454117
Q4 202463112
Q1 202513681
Q2 202575113
Q3 202554124
Q4 202589119
Q1 202616186
Q2 202679142

Biggest buyers

Cambridge Investment Research Advisors, Inc. Added +146,336+146.3k
Kestra Advisory Services, LLC Added +134,250+134.2k
MML INVESTORS SERVICES, LLC Added +86,847+86.8k
Penserra Capital Management LLC Added +75,770+75.8k
Sherry Group, Inc. Added +69,560+69.6k
HRT FINANCIAL LP New +58,663+58.7k
NewEdge Advisors, LLC Added +57,804+57.8k
Arax Advisory Partners Added +50,527+50.5k
Simplicity Wealth,LLC New +48,843+48.8k
Quantinno Capital Management LP New +47,433+47.4k

Biggest sellers

Steward Partners Investment Advisory, LLC Reduced -2,135,617-2.1m
Allworth Financial LP Reduced -624,551-624.6k
PERSONAL CFO SOLUTIONS, LLC Sold out -593,514-593.5k
WEST MICHIGAN ADVISORS, LLC Sold out -171,045-171.0k
Ascent Wealth Partners, LLC Reduced -155,202-155.2k
US BANCORP \DE\ Reduced -138,574-138.6k
OSAIC HOLDINGS, INC. Reduced -136,068-136.1k
LeClair Wealth Partners LLC Sold out -126,115-126.1k
Pathstone Holdings, LLC Reduced -101,957-102.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -92,912-92.9k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio NASHVILLE, TN 3,664,2253.7m $169.0m $169.0m 0.06% Reduced -55.0k -55,012
2 Penserra Capital Management LLC 0.56% of their portfolio ORINDA, CA 1,485,3571.5m $73.5m $73.5m 0.56% Added +75.8k +75,770
3 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 1,178,4291.2m $58.3m $58.3m 0.07% Reduced -136.1k -136,068
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 737,979738.0k $36.5m $36.5m 0.01% Reduced -9.6k -9,574
5 Brookstone Capital Management 0.33% of their portfolio WHEATON, IL 672,229672.2k $33.3m $33.3m 0.33% Reduced -86.7k -86,658
6 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 671,766671.8k $33.2m $33.2m 0.07% Added +86.8k +86,847
7 BLAIR WILLIAM & CO/IL 0.08% of their portfolio CHICAGO, IL 592,986593.0k $29.3m $29.3m 0.08% Reduced -32.5k -32,528
8 Mutual Advisors, LLC 0.54% of their portfolio OMAHA, NE 579,032579.0k $28.7m $28.7m 0.54% Added +1.5k +1,512
9 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 529,237529.2k $26.2m $26.2m 0.03% Reduced -92.9k -92,912
10 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 507,846507.8k $25.1m $25.1m 0.01% Reduced -11.5k -11,501
11 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 475,325475.3k $23.5m $23.5m 0.02% Reduced -14.8k -14,803
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 472,274472.3k $23.4m $23.4m 0.01% Reduced -12.2k -12,225
13 Compass Advisory Group LLC 4.39% of their portfolio MELVILLE, NY 373,324373.3k $18.5m $18.5m 4.39% Added +2.8k +2,750
14 Southland Equity Partners LLC 3.23% of their portfolio WILDWOOD, MO 373,075373.1k $18.5m $18.5m 3.23% Reduced -11.1k -11,091
15 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 328,804328.8k $16.3m $16.3m 0.05% Added +134.2k +134,250
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 314,851314.9k $15.7m $15.7m 0.03% Reduced -6.0k -6,049
17 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 285,698285.7k $14.1m $14.1m 0.02% Added +146.3k +146,336
18 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 281,166281.2k $13.9m $13.9m 0.01% Reduced -36.8k -36,792
19 Bellwether Advisors, LLC 2.06% of their portfolio LINCOLN, NE 280,308280.3k $13.9m $13.9m 2.06% Reduced -2.1k -2,092
20 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 248,461248.5k $12.3m $12.3m 0.02% Added +4.9k +4,877
21 Orion Porfolio Solutions, LLC 0.08% of their portfolio OMAHA, NE 222,380222.4k $11.0m $11.0m 0.08% Added +24.2k +24,243
22 Beacon Pointe Advisors, LLC 0.05% of their portfolio NEWPORT BEACH, CA 212,274212.3k $10.5m $10.5m 0.05% Reduced -49.9k -49,869
23 BENJAMIN EDWARDS INC 0.08% of their portfolio Clayton, MO 184,751184.8k $9.1m $9.1m 0.08% Reduced -15.4k -15,358
24 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 181,561181.6k $9.0m $9.0m 0.01% Reduced -138.6k -138,574
25 AA Financial Advisors, LLC 1.02% of their portfolio Columbus, OH 170,656170.7k $8.4m $8.4m 1.02% Reduced -6.5k -6,533
26 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 150,134150.1k $7.4m $7.4m 0.01% Reduced -1.5k -1,512
27 CoreCap Advisors, LLC 0.21% of their portfolio SOUTHFIELD, MI 146,810146.8k $7.3m $7.3m 0.21% Added +45 +45
28 COFG Advisors, LLC 1.25% of their portfolio OAK BROOK, IL 146,219146.2k $7.2m $7.2m 1.25% Reduced -100 -100
29 Triad Wealth Partners, LLC 0.43% of their portfolio LAWRENCE, KS 143,967144.0k $7.2m $7.2m 0.43% Added +6.8k +6,826
30 MAI Capital Management 0.03% of their portfolio INDEPENDENCE, OH 143,169143.2k $7.1m $7.1m 0.03% Added +2.5k +2,535
31 Forty-three Eighteen Advisors, LLC 4.72% of their portfolio BENTONVILLE, AR 141,858141.9k $7.0m $7.0m 4.72% Reduced -100 -100
32 Range Financial Group LLC 1.90% of their portfolio TIGARD, OR 140,703140.7k $7.0m $7.0m 1.90% Reduced -3.1k -3,105
33 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 132,702132.7k $6.6m $6.6m 0.03% Reduced -2.1m -2,135,617
34 Blue Water Asset Management 2.01% of their portfolio GRAND RAPIDS, MI 126,053126.1k $6.2m $6.2m 2.01% Reduced -62 -62
35 PRINCIPAL SECURITIES, INC. 0.08% of their portfolio DES MOINES, IA 125,917125.9k $6.2m $6.2m 0.08% Added +10.2k +10,233
36 BFI Wealth Solutions, LLC 4.53% of their portfolio DALLAS, TX 123,584123.6k $6.1m $6.1m 4.53% Added +24.4k +24,392
37 BCGM Wealth Management, LLC 1.27% of their portfolio LAFAYETTE, IN 121,396121.4k $6.0m $6.0m 1.27% Reduced -1.1k -1,075
38 GILL CAPITAL PARTNERS, LLC 1.51% of their portfolio DENVER, CO 114,952115.0k $5.7m $5.7m 1.51% Reduced -4.9k -4,935
39 Forvis Mazars Wealth Advisors, LLC 0.09% of their portfolio Springfield, MO 112,935112.9k $5.6m $5.6m 0.09% Reduced -3.2k -3,185
40 Signal Advisors Wealth, LLC 0.29% of their portfolio DETROIT, MI 110,088110.1k $5.4m $5.4m 0.29% Reduced -858 -858
41 IFP Advisors, Inc 0.09% of their portfolio TAMPA, FL 105,912105.9k $5.2m $5.2m 0.09% Reduced -603 -603
42 Long Island Wealth Management, Inc. 2.13% of their portfolio MELVILLE, NY 104,089104.1k $5.2m $5.2m 2.13% Added +215 +215
43 JDM Financial Group LLC 1.75% of their portfolio AUSTIN, TX 103,549103.5k $5.1m $5.1m 1.75% Reduced -510 -510
44 Cresset Asset Management, LLC 0.02% of their portfolio Chicago, IL 100,807100.8k $5.0m $5.0m 0.02% Reduced -47.9k -47,859
45 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 99,92399.9k $4.9m $4.9m 0.01% Reduced -2.9k -2,882
46 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 99,09699.1k $4.9m $4.9m 0.01% Added +57.8k +57,804
47 OneDigital Investment Advisors LLC 0.04% of their portfolio OVERLAND PARK, KS 84,59084.6k $4.2m $4.2m 0.04% Reduced -3.8k -3,772
48 First Commonwealth Financial Corp /PA/ 0.57% of their portfolio Indiana, PA 82,91482.9k $4.1m $4.1m 0.57% Reduced -2.2k -2,235
49 Apollon Wealth Management, LLC 0.05% of their portfolio MOUNT PLEASANT, SC 82,64382.6k $4.1m $4.1m 0.05% Reduced -4.3k -4,289
50 CreativeOne Wealth, LLC 0.09% of their portfolio OVERLAND PARK, KS 80,75780.8k $4.0m $4.0m 0.09% Added +10.3k +10,270
51 Fortune Financial Group, Inc. 3.12% of their portfolio NAPLES, FL 80,60280.6k $4.0m $4.0m 3.12% Reduced -334 -334
52 FOUNDERS FINANCIAL SECURITIES LLC 0.20% of their portfolio TOWSON, MD 79,69379.7k $3.9m $3.9m 0.20% Added +9.5k +9,456
53 Ascent Wealth Partners, LLC 0.39% of their portfolio NEW HARTFORD, NY 79,64279.6k $3.9m $3.9m 0.39% Reduced -155.2k -155,202
54 Horizon Investments, LLC 0.04% of their portfolio Charlotte, NC 79,57779.6k $3.9m $3.9m 0.04% Reduced -59.0k -59,017
55 MTM FINANCIAL GROUP, LLC 1.68% of their portfolio BETHLEHEM, PA 79,19579.2k $3.9m $3.9m 1.68% Added +506 +506
56 Hardworking Capital Advisors, LLC 3.17% of their portfolio Palm Desert, CA 78,29378.3k $3.9m $3.9m 3.17% Reduced -4.1k -4,119
57 CRA Financial Services, LLC 0.43% of their portfolio NORTHFIELD, NJ 75,61275.6k $3.7m $3.7m 0.43% Unchanged
58 Keating Financial Advisory Services, Inc. 0.49% of their portfolio MANHATTAN, KS 75,13175.1k $3.7m $3.7m 0.49% Reduced -601 -601
59 Sherry Group, Inc. 3.11% of their portfolio MOUNTAIN HOME, AR 73,91073.9k $3.2m $3.2m 3.11% Added +69.6k +69,560
60 Crown Wealth Group, LLC 0.88% of their portfolio Charlotte, NC 70,23070.2k $3.5m $3.5m 0.88% Reduced -6.2k -6,234
61 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 66,90366.9k $3.3m $3.3m 0.00% Reduced -8.3k -8,270
62 HBW ADVISORY SERVICES LLC 0.29% of their portfolio SIMI VALLEY, CA 65,65765.7k $3.2m $3.2m 0.29% Added +149 +149
63 Diligent Investors, LLC 0.71% of their portfolio REDLANDS, CA 64,77764.8k $3.2m $3.2m 0.71% Reduced -1.5k -1,512
64 Cassady Wealth & Retirement Planning, LLC 1.45% of their portfolio HENDERSON, NV 62,91062.9k $3.1m $3.1m 1.45% Added +101 +101
65 Pallas Capital Advisors LLC 0.09% of their portfolio BRAINTREE, MA 60,81660.8k $3.0m $3.0m 0.09% Added +140 +140
66 Arax Advisory Partners 0.02% of their portfolio NEW YORK, NY 59,59359.6k $2.9m $2.9m 0.02% Added +50.5k +50,527
67 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 59,10759.1k $2.9m $2.9m 0.00% Added +15.2k +15,214
68 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 58,66358.7k $2.9m $2.9m 0.01% New
69 WEALTH ALLIANCE, LLC 0.24% of their portfolio MELLVILLE, NY 58,63358.6k $2.9m $2.9m 0.24% Reduced -1.2k -1,216
70 EVERMAY WEALTH MANAGEMENT LLC 0.29% of their portfolio ARLINGTON, VA 56,88156.9k $2.8m $2.8m 0.29% Reduced -1.4k -1,405
71 Liberty Atlantic Advisors LLC 1.95% of their portfolio ALLEN, TX 54,70654.7k $2.7m $2.7m 1.95% Reduced -856 -856
72 CENTAURUS FINANCIAL, INC. 0.10% of their portfolio ANAHEIM, CA 51,38651.4k $2.5m $2.5m 0.10% Added +1.4k +1,437
73 World Investment Advisors 0.04% of their portfolio LINCROFT, NJ 51,19051.2k $2.5m $2.5m 0.04% Reduced -3.4k -3,422
74 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.31% of their portfolio BLUE BELL, PA 50,89950.9k $2.5m $2.5m 0.31% Reduced -109 -109
75 CORRADO ADVISORS, LLC 1.15% of their portfolio RAMSEY, NJ 50,40250.4k $2.5m $2.5m 1.15% Reduced -684 -684
76 Simplicity Wealth,LLC 0.08% of their portfolio SUMMIT, NJ 48,84348.8k $2.4m $2.4m 0.08% New
77 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 47,43347.4k $2.3m $2.3m 0.00% New
78 WealthPlan Investment Management, LLC 0.11% of their portfolio OMAHA, NE 46,19546.2k $2.3m $2.3m 0.11% Reduced -6.9k -6,942
79 CITY HOLDING CO 0.25% of their portfolio CHARLESTON, WV 45,17045.2k $2.2m $2.2m 0.25% Reduced -1.2k -1,200
80 FSA Advisors, Inc. 1.00% of their portfolio TROY, MI 44,12344.1k $2.2m $2.2m 1.00% Reduced -938 -938
81 INDEPENDENT FINANCIAL GROUP, LLC 0.04% of their portfolio SAN DIEGO, CA 43,84743.8k $2.2m $2.2m 0.04% Reduced -1.2k -1,250
82 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 43,78443.8k $2.2m $2.2m 0.01% Reduced -1.2k -1,155
83 Nikulski Financial, Inc. 0.46% of their portfolio BETTENDORF, IA 43,35043.4k $2.1m $2.1m 0.46% Reduced -2.0k -2,050
84 Cornerstone Wealth, LLC/TN 1.07% of their portfolio GREENEVILLE, TN 42,57542.6k $2.1m $2.1m 1.07% Added +973 +973
85 Patriot Financial Group Insurance Agency, LLC 0.21% of their portfolio Westborough, MA 41,08441.1k $2.0m $2.0m 0.21% Reduced -40.8k -40,808
86 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 41,05341.1k $2.0m $2.0m 0.02% Reduced -1.5k -1,464
87 Integrity Advisory Solutions, LLC 0.21% of their portfolio DALLAS, TX 40,48240.5k $2.0m $2.0m 0.21% Reduced -817 -817
88 Koshinski Asset Management, Inc. 0.11% of their portfolio DECATUR, IL 40,11140.1k $2.0m $2.0m 0.11% Reduced -150 -150
89 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 39,96640.0k $2.0m $2.0m 0.01% Added +361 +361
90 Gladstone Institutional Advisory LLC 0.06% of their portfolio Bedminster, NJ 39,90839.9k $2.0m $2.0m 0.06% Added +1.8k +1,780
91 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 39,73439.7k $2.0m $2.0m 0.02% Reduced -1.3k -1,291
92 Arkadios Wealth Advisors 0.03% of their portfolio ATLANTA, GA 39,36539.4k $1.9m $1.9m 0.03% Added +4.1k +4,136
93 RED CRANE WEALTH MANAGEMENT, LLC 1.39% of their portfolio SAN FRANCISCO, CA 38,11038.1k $1.9m $1.9m 1.39% Unchanged
94 Element Squared LLC 0.93% of their portfolio MINNEAPOLIS, MN 37,82137.8k $1.9m $1.9m 0.93% Unchanged
95 Trek Financial, LLC 0.09% of their portfolio Scottsdale, AZ 36,95437.0k $1.8m $1.8m 0.09% Reduced -327 -327
96 Orion Capital Management LLC 0.57% of their portfolio CORONADO, CA 36,89836.9k $1.8m $1.8m 0.57% Reduced -31 -31
97 Jessup Wealth Management, Inc 0.53% of their portfolio DAYTON, OH 35,86935.9k $1.8m $1.8m 0.53% Reduced -369 -369
98 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 35,22535.2k $1.7m $1.7m 0.01% Reduced -7.1k -7,130
99 Lineweaver Wealth Advisors, LLC 0.20% of their portfolio VALLEY VIEW, OH 34,62434.6k $1.7m $1.7m 0.20% Reduced -54 -54
100 Pacific Park Financial, Inc. 0.99% of their portfolio LAGINA HILLS, CA 34,29734.3k $1.7m $1.7m 0.99% Reduced -431 -431