Vault-13

INNOVATOR ETFS TRUST BDEC

US EQTY BUF DEC · ETP · CUSIP 45782C557

65 institutional holders -5 vs Q1 2023
1,930,1651.9m shares reported held*
$69.8mreported value*
2 new 14 added 26 reduced 9 sold out net sold ≈ $1.8m (-49.4k 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 ≈ $36.15.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 39Q4 22: 63Q1 23: 70Q2 23: 6565Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202239
Q4 202263
Q1 202370
Q2 202365

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 45 bought or addedQ4 22: 17 cut or sold outQ4 22Q1 23: 31 bought or addedQ1 23: 21 cut or sold outQ1 23Q2 23: 16 bought or addedQ2 23: 35 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224517
Q1 20233121
Q2 20231635

Biggest buyers

Blue Trust, Inc. New +42,891+42.9k
Beacon Pointe Advisors, LLC Added +20,376+20.4k
ROYAL BANK OF CANADA Added +13,457+13.5k
OLD MISSION CAPITAL LLC Added +13,198+13.2k
KFG WEALTH MANAGEMENT, LLC Added +10,655+10.7k
MML INVESTORS SERVICES, LLC Added +10,272+10.3k
RFG Advisory, LLC New +7,734+7.7k
ENVESTNET ASSET MANAGEMENT INC Added +6,957+7.0k
Penserra Capital Management LLC Added +5,015+5.0k
CreativeOne Wealth, LLC Added +4,002+4.0k

Biggest sellers

Krilogy Financial LLC Reduced -48,520-48.5k
Wealthquest Corp Reduced -27,703-27.7k
OSAIC HOLDINGS, INC. Reduced -23,114-23.1k
CITADEL ADVISORS LLC Reduced -12,471-12.5k
M Holdings Securities, Inc. Sold out -10,798-10.8k
First Commonwealth Financial Corp /PA/ Sold out -8,239-8.2k
Lion Street Advisors, LLC Sold out -8,207-8.2k
Cetera Investment Advisers Sold out -7,839-7.8k
Cerity Partners LLC Sold out -7,428-7.4k
Bedel Financial Consulting, Inc. Sold out -6,432-6.4k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: Brookstone Capital Management (2.1%, 2026-07-02)

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wealthquest Corp 1.13% of their portfolio CINCINNATI, OH 260,899260.9k $9.5m $9.5m 1.13% Reduced -27.7k -27,703
2 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 168,373168.4k $6.1m $6.1m 0.01% Added +1.1k +1,051
3 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 115,585115.6k $4.2m $4.2m 0.01% Reduced -23.1k -23,114
4 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 111,713111.7k $4.0m $4.0m 0.01% Reduced -2.0k -2,044
5 Penserra Capital Management LLC 0.07% of their portfolio ORINDA, CA 93,26193.3k $3.4m $3.4m 0.07% Added +5.0k +5,015
6 Krilogy Financial LLC 0.26% of their portfolio ST. LOUIS, MO 78,99579.0k $2.9m $2.9m 0.26% Reduced -48.5k -48,520
7 Cetera Advisors LLC 0.04% of their portfolio DENVER, CO 70,28970.3k $2.5m $2.5m 0.04% Reduced -2.5k -2,513
8 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 67,64467.6k $2.5m $2.5m 0.01% Reduced -4.3k -4,315
9 Beacon Pointe Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 55,66755.7k $2.0m $2.0m 0.03% Added +20.4k +20,376
10 My Personal CFO, LLC 1.58% of their portfolio VANCOUVER, WA 55,64055.6k $2.0m $2.0m 1.58% Unchanged
11 Bellwether Advisors, LLC 0.53% of their portfolio LINCOLN, NE 50,08950.1k $1.8m $1.8m 0.53% Unchanged
12 Accuvest Global Advisors 0.82% of their portfolio PROVO, UT 44,20044.2k $1.6m $1.6m 0.82% Added +442 +442
13 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 43,31243.3k $1.6m $1.6m 0.01% Reduced -1.0k -1,000
14 Blue Trust, Inc. 0.02% of their portfolio BRENTWOOD, TN 42,89142.9k $1.5m $1.5m 0.02% New
15 LINCOLN NATIONAL CORP 0.03% of their portfolio RADNOR, PA 39,07139.1k $1.4m $1.4m 0.03% Unchanged
16 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 37,45637.5k $1.4m $1.4m 0.00% Reduced -1.1k -1,150
17 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 34,12834.1k $1.2m $1.2m 0.00% Added +7.0k +6,957
18 Vantage Financial Partners, LLC 0.40% of their portfolio ELM GROVE, WI 29,28629.3k $1.1m $1.1m 0.40% Reduced -578 -578
19 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 26,36326.4k $955.0k $955.0k 0.01% Added +10.3k +10,272
20 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 24,73524.7k $896.1k $896.1k 0.01% Reduced -191 -191
21 OLD MISSION CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 24,62724.6k $892.2k $892.2k 0.03% Added +13.2k +13,198
22 BCS Wealth Management 0.64% of their portfolio JOHNSON CITY, TN 24,13424.1k $874.0k $874.0k 0.64% Reduced -1.7k -1,661
23 THOROUGHBRED FINANCIAL SERVICES, LLC 0.11% of their portfolio BRENTWOOD, TN 23,86123.9k $864.0k $864.0k 0.11% Added +3.9k +3,900
24 INTEGRAL INVESTMENT ADVISORS, INC. 0.57% of their portfolio TURLOCK, CA 23,54323.5k $852.9k $852.9k 0.57% Reduced -1.2k -1,154
25 KFG WEALTH MANAGEMENT, LLC 0.50% of their portfolio GRANGER, IN 23,40623.4k $847.9k $847.9k 0.50% Added +10.7k +10,655
26 CRA Financial Services, LLC 0.22% of their portfolio NORTHFIELD, NJ 22,95022.9k $831.4k $831.4k 0.22% Reduced -900 -900
27 MILESTONE ASSET MANAGEMENT, LLC 0.36% of their portfolio PITTSBURGH, PA 22,30122.3k $807.9k $807.9k 0.36% Reduced -2.2k -2,200
28 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 20,34020.3k $736.9k $736.9k 0.01% Reduced -907 -907
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 18,31718.3k $663.6k $663.6k 0.00% Added +2.9k +2,865
30 Financial Architects, Inc 0.09% of their portfolio MARLTON, NJ 17,19317.2k $622.8k $622.8k 0.09% Unchanged
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 16,13616.1k $585.0k $585.0k 0.00% Added +13.5k +13,457
32 CoreCap Advisors, LLC 0.04% of their portfolio SOUTHFIELD, MI 16,01816.0k $580.3k $580.3k 0.04% First filing
33 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 14,70414.7k $532.0k $532.0k 0.01% Added +4.0k +4,002
34 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 14,16814.2k $513.3k $513.3k 0.02% Reduced -2.7k -2,673
35 Valtinson Bruner Financial Planning LLC 0.27% of their portfolio NEW BRIGHTON, MN 14,03514.0k $508.4k $508.4k 0.27% Reduced -249 -249
36 DHJJ Financial Advisors, Ltd. 0.26% of their portfolio NAPERVILLE, IL 14,01614.0k $507.8k $507.8k 0.26% Unchanged
37 Arax Advisory Partners 0.06% of their portfolio NEW YORK, NY 12,86812.9k $466.2k $466.2k 0.06% Reduced -62 -62
38 PCA Investment Advisory Services Inc. 0.26% of their portfolio CINCINNATI, OH 12,10512.1k $438.5k $438.5k 0.26% Reduced -180 -180
39 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 11,56311.6k $418.9k $418.9k 0.00% Reduced -12.5k -12,471
40 Archer Investment Corp 0.13% of their portfolio Carmel, IN 10,00010.0k $362.3k $362.3k 0.13% Unchanged
41 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio CEDAR RAPIDS, IA 9,6959.7k $351.2k $351.2k 0.03% Unchanged
42 Fragasso Financial Advisors Inc 0.03% of their portfolio SEWICKLEY, PA 9,0049.0k $326.2k $326.2k 0.03% Added +450 +450
43 Outlook Wealth Advisors, LLC 0.12% of their portfolio SHENANDOAH, TX 8,6258.6k $312.5k $312.5k 0.12% Unchanged
44 Kathmere Capital Management, LLC 0.04% of their portfolio WAYNE, PA 7,9848.0k $289.2k $289.2k 0.04% Reduced -187 -187
45 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 7,8907.9k $246.6k $246.6k 0.01% Added +3.6k +3,595
46 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 7,7347.7k $280.2k $280.2k 0.01% New
47 Lantz Financial LLC 0.11% of their portfolio NAPERVILLE, IL 7,6377.6k $276.7k $276.7k 0.11% Reduced -403 -403
48 Souders Financial Advisors 0.05% of their portfolio CINCINNATI, OH 7,5257.5k $272.6k $272.6k 0.05% Reduced -720 -720
49 BENJAMIN F. EDWARDS & COMPANY, INC. 0.01% of their portfolio ST. LOUIS, MO 7,0257.0k $254.0k $254.0k 0.01% Unchanged
50 Sunbelt Securities, Inc. 0.04% of their portfolio HOUSTON, TX 6,7396.7k $244.1k $244.1k 0.04% Unchanged
51 Weaver Consulting Group 0.11% of their portfolio HUNTINGTON BEACH, CA 6,5846.6k $238.5k $238.5k 0.11% Unchanged
52 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 5,9455.9k $215.4k $215.4k 0.01% First filing
53 CREATIVE FINANCIAL DESIGNS INC /ADV 0.02% of their portfolio KOKOMO, IN 4,0004.0k $144.9k $144.9k 0.02% Unchanged
54 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,9804.0k $144.2k $144.2k 0.00% Unchanged
55 Larson Financial Group LLC 0.01% of their portfolio ST LOUIS, MO 3,7443.7k $135.6k $135.6k 0.01% Reduced -773 -773
56 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 3,3793.4k $122.4k $122.4k 0.01% Unchanged
57 AdvisorNet Financial, Inc 0.01% of their portfolio MINNETONKA, MN 3,0673.1k $111.1k $111.1k 0.01% Unchanged
58 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,6242.6k $95.1k $95.1k 0.00% Reduced -720 -720
59 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 2,4022.4k $87.0k $87.0k 0.00% Unchanged
60 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 2,3802.4k $86.2k $86.2k 0.00% Unchanged
61 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.02% of their portfolio BLUE BELL, PA 2,0882.1k $75.6k $75.6k 0.02% Reduced -3.0k -3,050
62 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 1,8001.8k $65.2k $65.2k 0.00% Unchanged
63 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,5161.5k $54.9k $54.9k 0.00% Unchanged
64 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 916916 $33.2k $33.2k 0.00% Unchanged
65 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged