Vault-13

INNOVATOR ETFS TRUST PDEC

US EQTY PWR BUF · ETP · CUSIP 45782C540

229 institutional holders -2 vs Q4 2025
18,029,72118.0m shares reported held*
$768.8mreported value*
12 new 32 added 107 reduced 18 sold out net sold ≈ $45.4m (-1.1m 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 ($340.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $42.64.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 86Q4 22: 140Q1 23: 150Q2 23: 150Q3 23: 140Q4 23: 171Q1 24: 172Q2 24: 174Q3 24: 165Q4 24: 207Q1 25: 210Q2 25: 216Q3 25: 206Q4 25: 231Q1 26: 229229Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202286
Q4 2022140
Q1 2023150
Q2 2023150
Q3 2023140
Q4 2023171
Q1 2024172
Q2 2024174
Q3 2024165
Q4 2024207
Q1 2025210
Q2 2025216
Q3 2025206
Q4 2025231
Q1 2026229

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 39 bought or addedQ2 24: 86 cut or sold outQ3 24: 28 bought or addedQ3 24: 102 cut or sold outQ3 24Q4 24: 114 bought or addedQ4 24: 54 cut or sold outQ1 25: 86 bought or addedQ1 25: 89 cut or sold outQ1 25Q2 25: 74 bought or addedQ2 25: 88 cut or sold outQ3 25: 42 bought or addedQ3 25: 111 cut or sold outQ3 25Q4 25: 110 bought or addedQ4 25: 78 cut or sold outQ1 26: 44 bought or addedQ1 26: 125 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20243986
Q3 202428102
Q4 202411454
Q1 20258689
Q2 20257488
Q3 202542111
Q4 202511078
Q1 202644125

Biggest buyers

Penserra Capital Management LLC Added +86,994+87.0k
Kestra Advisory Services, LLC Added +50,894+50.9k
MBL Wealth, LLC Added +38,396+38.4k
NORTHERN TRUST CORP New +35,000+35.0k
Beacon Pointe Advisors, LLC Added +34,912+34.9k
Patriot Financial Group Insurance Agency, LLC Added +33,557+33.6k
ENVESTNET ASSET MANAGEMENT INC Added +28,220+28.2k
Integrity Advisory Solutions, LLC Added +17,581+17.6k
Triton Financial Group Inc Added +16,205+16.2k
Atlantic Private Wealth, LLC Added +14,574+14.6k

Biggest sellers

Soltis Investment Advisors LLC Reduced -256,601-256.6k
OSAIC HOLDINGS, INC. Reduced -187,803-187.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -158,576-158.6k
Pathstone Holdings, LLC Reduced -102,038-102.0k
Mariner, LLC Reduced -56,990-57.0k
Atria Investments, Inc Reduced -53,041-53.0k
BCS Wealth Management Reduced -52,977-53.0k
Cetera Investment Advisers Reduced -52,484-52.5k
HighTower Advisors, LLC Reduced -49,480-49.5k
MML INVESTORS SERVICES, LLC Reduced -43,434-43.4k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio NASHVILLE, TN 3,248,2533.2m $140.9m $140.9m 0.05% Reduced -25.4k -25,401
2 Penserra Capital Management LLC 0.77% of their portfolio ORINDA, CA 1,537,0561.5m $65.3m $65.3m 0.77% Added +87.0k +86,994
3 Focus Partners Wealth 0.05% of their portfolio ST LOUIS, MO 1,109,6441.1m $47.2m $47.2m 0.05% Reduced -3.1k -3,127
4 Brookstone Capital Management 0.40% of their portfolio WHEATON, IL 830,456830.5k $35.3m $35.3m 0.40% Reduced -10.5k -10,465
5 BLAIR WILLIAM & CO/IL 0.09% of their portfolio CHICAGO, IL 734,990735.0k $31.2m $31.2m 0.09% Reduced -20.5k -20,502
6 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 661,998662.0k $28.1m $28.1m 0.04% Added +301 +301
7 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 603,176603.2k $25.6m $25.6m 0.01% Reduced -25.6k -25,587
8 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 598,835598.8k $25.5m $25.5m 0.04% Reduced -187.8k -187,803
9 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 471,508471.5k $20.0m $20.0m 0.02% Reduced -49.5k -49,480
10 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 315,262315.3k $13.4m $13.4m 0.05% Added +50.9k +50,894
11 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 295,846295.8k $12.6m $12.6m 0.01% Reduced -52.5k -52,484
12 Caprock Group, LLC 0.27% of their portfolio BOISE, ID 259,763259.8k $11.0m $11.0m 0.27% Unchanged
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 257,907257.9k $11.0m $11.0m 0.00% Added +28.2k +28,220
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 249,610249.6k $10.6m $10.6m 0.00% Reduced -8.7k -8,740
15 Bellwether Advisors, LLC 1.73% of their portfolio LINCOLN, NE 240,852240.9k $10.2m $10.2m 1.73% Reduced -7.9k -7,903
16 Beacon Pointe Advisors, LLC 0.05% of their portfolio NEWPORT BEACH, CA 211,864211.9k $9.0m $9.0m 0.05% Added +34.9k +34,912
17 MBL Wealth, LLC 0.54% of their portfolio CHARLOTTE, NC 168,601168.6k $7.2m $7.2m 0.54% Added +38.4k +38,396
18 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 156,041156.0k $6.6m $6.6m 0.01% Added +2.9k +2,947
19 Belpointe Asset Management LLC 0.23% of their portfolio RENO, NV 148,419148.4k $6.3m $6.3m 0.23% Reduced -6.5k -6,484
20 CRA Financial Services, LLC 0.73% of their portfolio NORTHFIELD, NJ 131,792131.8k $5.6m $5.6m 0.73% Reduced -3.4k -3,422
21 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 130,409130.4k $5.5m $5.5m 0.01% Added +5.8k +5,800
22 GTS FINANCIAL, LLC 3.79% of their portfolio BLOOMINGTON, MN 127,194127.2k $4.8m $4.8m 3.79% First filing
23 Catalina Capital Group, LLC 3.29% of their portfolio Torrance, CA 126,094126.1k $5.4m $5.4m 3.29% Added +8.5k +8,454
24 CoreCap Advisors, LLC 0.18% of their portfolio SOUTHFIELD, MI 125,500125.5k $5.3m $5.3m 0.18% Reduced -6.2k -6,234
25 GILL CAPITAL PARTNERS, LLC 1.43% of their portfolio DENVER, CO 116,719116.7k $5.0m $5.0m 1.43% Added +595 +595
26 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 116,163116.2k $4.9m $4.9m 0.01% Reduced -21.0k -21,011
27 Global Strategic Investment Solutions, LLC 0.48% of their portfolio Scottsdale, AZ 115,481115.5k $4.9m $4.9m 0.48% Reduced -37.8k -37,822
28 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 109,233109.2k $4.6m $4.6m 0.02% Reduced -102.0k -102,038
29 First Commonwealth Financial Corp /PA/ 0.67% of their portfolio Indiana, PA 99,77499.8k $4.2m $4.2m 0.67% Reduced -6.6k -6,585
30 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 96,69096.7k $4.1m $4.1m 0.01% Reduced -43.4k -43,434
31 Trek Financial, LLC 0.20% of their portfolio Scottsdale, AZ 86,58186.6k $3.7m $3.7m 0.20% Reduced -6.4k -6,426
32 Capital Analysts, LLC 0.09% of their portfolio FORT WASHINGTON, PA 84,93784.9k $3.6m $3.6m 0.09% Unchanged
33 KFG WEALTH MANAGEMENT, LLC 0.46% of their portfolio GRANGER, IN 84,09184.1k $3.6m $3.6m 0.46% Added +5.4k +5,369
34 Castle Rock Wealth Management, LLC 0.76% of their portfolio WALNUT CREEK, CA 82,71982.7k $3.5m $3.5m 0.76% Reduced -1.2k -1,179
35 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 81,78781.8k $3.5m $3.5m 0.03% Reduced -2.6k -2,568
36 Keating Financial Advisory Services, Inc. 0.54% of their portfolio MANHATTAN, KS 78,23378.2k $3.3m $3.3m 0.54% Reduced -2.4k -2,445
37 Cassady Wealth & Retirement Planning, LLC 1.81% of their portfolio HENDERSON, NV 77,93977.9k $3.5m $3.5m 1.81% Reduced -33 -33
38 CORRADO ADVISORS, LLC 1.73% of their portfolio RAMSEY, NJ 77,89677.9k $3.3m $3.3m 1.73% Reduced -1.2k -1,179
39 INDEPENDENT FINANCIAL GROUP, LLC 0.07% of their portfolio SAN DIEGO, CA 76,12176.1k $3.2m $3.2m 0.07% Reduced -236 -236
40 Compass Advisory Group LLC 0.83% of their portfolio MELVILLE, NY 72,84472.8k $3.1m $3.1m 0.83% Added +170 +170
41 Pinnacle Wealth Management Group, Inc. 1.49% of their portfolio PLYMOUTH, MI 71,60571.6k $3.0m $3.0m 1.49% Reduced -650 -650
42 Outlook Wealth Advisors, LLC 0.72% of their portfolio SHENANDOAH, TX 69,62369.6k $3.0m $3.0m 0.72% Reduced -41.3k -41,258
43 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 69,52869.5k $3.0m $3.0m 0.02% Reduced -305 -305
44 YARGER WEALTH STRATEGIES, LLC 1.19% of their portfolio WESTERVILLE, OH 69,11569.1k $2.9m $2.9m 1.19% Reduced -5.1k -5,115
45 Weaver Capital Management LLC 0.62% of their portfolio SUWANEE, GA 67,71067.7k $2.9m $2.9m 0.62% Reduced -957 -957
46 MAI Capital Management 0.02% of their portfolio INDEPENDENCE, OH 66,67666.7k $2.8m $2.8m 0.02% Reduced -2.3k -2,251
47 Mariner, LLC 0.00% of their portfolio Overland Park, KS 66,01966.0k $2.8m $2.8m 0.00% Reduced -57.0k -56,990
48 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 65,46765.5k $2.8m $2.8m 0.00% Reduced -802 -802
49 AlphaCore Capital LLC 0.07% of their portfolio LA JOLLA, CA 64,80064.8k $2.8m $2.8m 0.07% Reduced -1.0k -1,000
50 Patriot Financial Group Insurance Agency, LLC 0.15% of their portfolio Westborough, MA 64,46464.5k $2.7m $2.7m 0.15% Added +33.6k +33,557
51 Diligent Investors, LLC 0.68% of their portfolio REDLANDS, CA 64,23664.2k $2.7m $2.7m 0.68% Reduced -1.8k -1,820
52 Forvis Mazars Wealth Advisors, LLC 0.05% of their portfolio Springfield, MO 61,40961.4k $2.6m $2.6m 0.05% Reduced -3.5k -3,455
53 Southland Equity Partners LLC 0.50% of their portfolio WILDWOOD, MO 60,12360.1k $2.6m $2.6m 0.50% Reduced -751 -751
54 Fortune Financial Group, Inc. 2.28% of their portfolio NAPLES, FL 59,68459.7k $2.5m $2.5m 2.28% Added +3.0k +3,007
55 Weaver Consulting Group 0.59% of their portfolio HUNTINGTON BEACH, CA 58,19058.2k $2.5m $2.5m 0.59% Added +3.1k +3,084
56 Chris Bulman Inc 1.06% of their portfolio ROSEVILLE, CA 56,98557.0k $2.4m $2.4m 1.06% Reduced -713 -713
57 Atria Investments, Inc 0.03% of their portfolio Charlotte, NC 54,51054.5k $2.3m $2.3m 0.03% Reduced -53.0k -53,041
58 SIGNATUREFD, LLC 0.04% of their portfolio ATLANTA, GA 54,07254.1k $2.3m $2.3m 0.04% Unchanged
59 Jacobi Capital Management LLC 0.13% of their portfolio PITTSTON, PA 54,06654.1k $2.3m $2.3m 0.13% Reduced -8.8k -8,850
60 Noble Wealth Management PBC 1.15% of their portfolio GREENWOOD VILLAGE, CO 52,94252.9k $2.3m $2.3m 1.15% Reduced -5.8k -5,807
61 MILESTONE ASSET MANAGEMENT, LLC 0.41% of their portfolio PITTSBURGH, PA 52,48052.5k $2.2m $2.2m 0.41% Reduced -3.4k -3,372
62 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 52,23152.2k $2.2m $2.2m 0.01% Reduced -5.0k -5,023
63 BCS Wealth Management 0.45% of their portfolio JOHNSON CITY, TN 52,04552.0k $2.2m $2.2m 0.45% Reduced -53.0k -52,977
64 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 51,90251.9k $2.2m $2.2m 0.01% Unchanged
65 MTM FINANCIAL GROUP, LLC 1.00% of their portfolio BETHLEHEM, PA 50,20450.2k $2.1m $2.1m 1.00% Added +390 +390
66 HARBOUR INVESTMENTS, INC. 0.03% of their portfolio MADISON, WI 46,60946.6k $2.0m $2.0m 0.03% Reduced -3.5k -3,514
67 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 46,38046.4k $2.0m $2.0m 0.02% Added +224 +224
68 Concurrent Investment Advisors, LLC 0.02% of their portfolio Tampa, FL 46,25946.3k $2.0m $2.0m 0.02% Unchanged
69 Tradition Wealth Management, LLC 0.14% of their portfolio EDINA, MN 46,05546.1k $2.0m $2.0m 0.14% Reduced -2.5k -2,525
70 ATTICUS WEALTH MANAGEMENT, LLC 0.53% of their portfolio Palm Beach Gardens, FL 46,04846.0k $2.0m $2.0m 0.53% Reduced -1.6k -1,590
71 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 44,54344.5k $1.9m $1.9m 0.00% Unchanged
72 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 43,42443.4k $1.9m $1.9m 0.00% Reduced -158.6k -158,576
73 RED REEF ADVISORS LLC 1.90% of their portfolio BOCA RATON, FL 42,63042.6k $1.8m $1.8m 1.90% Reduced -463 -463
74 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 42,57142.6k $1.8m $1.8m 0.02% Reduced -1.7k -1,677
75 RETIREMENT GUYS FORMULA LLC 0.81% of their portfolio MAUMEE, OH 41,35341.4k $1.8m $1.8m 0.81% Added +1.2k +1,250
76 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 40,92940.9k $1.7m $1.7m 0.01% Reduced -670 -670
77 Liberty Atlantic Advisors LLC 1.44% of their portfolio ALLEN, TX 39,66539.7k $1.7m $1.7m 1.44% Reduced -28 -28
78 SAGESPRING WEALTH PARTNERS, LLC 0.03% of their portfolio FRANKLIN, TN 38,61138.6k $1.6m $1.6m 0.03% Reduced -469 -469
79 WEALTH ALLIANCE, LLC 0.16% of their portfolio MELLVILLE, NY 37,39137.4k $1.6m $1.6m 0.16% Reduced -1.3k -1,326
80 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 36,77736.8k $1.6m $1.6m 0.02% Reduced -215 -215
81 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 35,00035.0k $1.5m $1.5m 0.00% New
82 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 33,94633.9k $1.4m $1.4m 0.00% Reduced -7.9k -7,865
83 Triton Financial Group Inc 2.43% of their portfolio Oklahoma City, OK 32,41032.4k $1.4m $1.4m 2.43% Added +16.2k +16,205
84 Ascent Wealth Partners, LLC 0.16% of their portfolio NEW HARTFORD, NY 31,75131.8k $1.3m $1.3m 0.16% Reduced -1.2k -1,160
85 Integrity Advisory Solutions, LLC 0.17% of their portfolio DALLAS, TX 30,77630.8k $1.3m $1.3m 0.17% Added +17.6k +17,581
86 RETIREMENT INCOME SOLUTIONS, INC 0.22% of their portfolio ANN ARBOR, MI 29,70829.7k $1.3m $1.3m 0.22% Unchanged
87 Forty-three Eighteen Advisors, LLC 0.94% of their portfolio BENTONVILLE, AR 29,32429.3k $1.2m $1.2m 0.94% Unchanged
88 FSA Advisors, Inc. 0.82% of their portfolio TROY, MI 29,30629.3k $1.2m $1.2m 0.82% Reduced -79 -79
89 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 28,61428.6k $1.2m $1.2m 0.02% Added +2.0k +2,019
90 MGO ONE SEVEN LLC 0.02% of their portfolio Beachwood, OH 28,06928.1k $1.2m $1.2m 0.02% Reduced -1.3k -1,285
91 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 27,60827.6k $1.2m $1.2m 0.02% Reduced -4.8k -4,805
92 Talon Private Wealth, LLC 0.16% of their portfolio THE VILLAGES, FL 27,56027.6k $1.2m $1.2m 0.16% First filing
93 Long Island Wealth Management, Inc. 0.51% of their portfolio MELVILLE, NY 25,72425.7k $1.1m $1.1m 0.51% Reduced -800 -800
94 SILVER OAK SECURITIES, INCORPORATED 0.08% of their portfolio JACKSON, TN 25,71925.7k $1.1m $1.1m 0.08% Reduced -16 -16
95 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.06% of their portfolio CEDAR RAPIDS, IA 25,45125.5k $1.1m $1.1m 0.06% Added +103 +103
96 Financial Solutions Advisory Group, Inc. 0.14% of their portfolio CHICAGO, IL 23,79423.8k $1.0m $1.0m 0.14% First filing
97 Three Seasons Wealth, LLC 0.37% of their portfolio SALT LAKE CITY, UT 22,95022.9k $975.4k $975.4k 0.37% Unchanged
98 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 22,03422.0k $936.4k $936.4k 0.02% Reduced -1.3k -1,348
99 First City Capital Management, Inc. 0.49% of their portfolio SAVANNAH, GA 21,81021.8k $926.9k $926.9k 0.49% Reduced -670 -670
100 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 21,70121.7k $922.3k $922.3k 0.01% Unchanged