Vault-13

INNOVATOR ETFS TRUST BNOV

US EQTY BUF NOV · ETP · CUSIP 45782C581

93 institutional holders +2 vs Q1 2026
3,100,8023.1m shares reported held*
$148.2mreported value*
8 new 12 added 35 reduced 7 sold out net sold ≈ $30.5m (-637.3k 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 ≈ $47.79.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 47Q4 22: 69Q1 23: 73Q2 23: 72Q3 23: 72Q4 23: 85Q1 24: 81Q2 24: 77Q3 24: 72Q4 24: 85Q1 25: 84Q2 25: 82Q3 25: 80Q4 25: 92Q1 26: 91Q2 26: 9393Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202247
Q4 202269
Q1 202373
Q2 202372
Q3 202372
Q4 202385
Q1 202481
Q2 202477
Q3 202472
Q4 202485
Q1 202584
Q2 202582
Q3 202580
Q4 202592
Q1 202691
Q2 202693

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 11 bought or addedQ3 24: 46 cut or sold outQ4 24: 52 bought or addedQ4 24: 23 cut or sold outQ4 24Q1 25: 22 bought or addedQ1 25: 37 cut or sold outQ2 25: 17 bought or addedQ2 25: 44 cut or sold outQ2 25Q3 25: 18 bought or addedQ3 25: 44 cut or sold outQ4 25: 54 bought or addedQ4 25: 28 cut or sold outQ4 25Q1 26: 26 bought or addedQ1 26: 43 cut or sold outQ2 26: 20 bought or addedQ2 26: 42 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241146
Q4 20245223
Q1 20252237
Q2 20251744
Q3 20251844
Q4 20255428
Q1 20262643
Q2 20262042

Biggest buyers

Penserra Capital Management LLC Added +95,906+95.9k
OSAIC HOLDINGS, INC. Added +46,536+46.5k
OLD MISSION CAPITAL LLC Added +33,697+33.7k
CITADEL ADVISORS LLC New +19,025+19.0k
Cambridge Investment Research Advisors, Inc. Added +18,852+18.9k
MML INVESTORS SERVICES, LLC Added +12,095+12.1k
HRT FINANCIAL LP New +11,681+11.7k
Global Assets Advisory, LLC New +10,718+10.7k
AXXCESS WEALTH MANAGEMENT, LLC New +9,505+9.5k
Strategic Blueprint, LLC New +4,381+4.4k

Biggest sellers

Brookstone Capital Management Reduced -681,166-681.2k
Lido Advisors, LLC Reduced -84,865-84.9k
Arkadios Wealth Advisors Sold out -24,759-24.8k
Cetera Investment Advisers Reduced -24,005-24.0k
Kestra Advisory Services, LLC Reduced -14,109-14.1k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -14,036-14.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -10,294-10.3k
Buska Wealth Management, LLC Reduced -9,389-9.4k
GOLDMAN SACHS GROUP INC Sold out -7,611-7.6k
Chris Bulman Inc Reduced -7,388-7.4k

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 (0.6%, 2026-06-03)

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Penserra Capital Management LLC 0.20% of their portfolio ORINDA, CA 554,817554.8k $26.5m $26.5m 0.20% Added +95.9k +95,906
2 Lantz Financial LLC 2.41% of their portfolio NAPERVILLE, IL 275,590275.6k $13.2m $13.2m 2.41% Reduced -3.1k -3,079
3 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 211,482211.5k $10.1m $10.1m 0.01% Added +468 +468
4 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 184,374184.4k $8.8m $8.8m 0.01% Added +46.5k +46,536
5 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 147,328147.3k $7.0m $7.0m 0.01% Reduced -14.0k -14,036
6 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 137,310137.3k $6.6m $6.6m 0.00% Reduced -10.3k -10,294
7 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 104,492104.5k $5.0m $5.0m 0.00% Added +2.9k +2,943
8 McAlister, Sweet & Associates, Inc. 2.06% of their portfolio HOUSTON, TX 80,48080.5k $3.8m $3.8m 2.06% Unchanged
9 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 77,76477.8k $3.7m $3.7m 0.01% Reduced -3.7k -3,690
10 My Personal CFO, LLC 1.10% of their portfolio VANCOUVER, WA 58,91558.9k $2.8m $2.8m 1.10% Reduced -25 -25
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 56,26156.3k $2.7m $2.7m 0.00% Reduced -2.5k -2,481
12 Three Seasons Wealth, LLC 0.23% of their portfolio SALT LAKE CITY, UT 53,91753.9k $2.6m $2.6m 0.23% Unchanged
13 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 50,70550.7k $2.4m $2.4m 0.00% Reduced -24.0k -24,005
14 OLD MISSION CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 46,50346.5k $2.2m $2.2m 0.06% Added +33.7k +33,697
15 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 40,04440.0k $1.9m $1.9m 0.00% Added +18.9k +18,852
16 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 38,40838.4k $1.8m $1.8m 0.01% Reduced -14.1k -14,109
17 Fragasso Financial Advisors Inc 0.10% of their portfolio SEWICKLEY, PA 37,64737.6k $1.8m $1.8m 0.10% Unchanged
18 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 36,82436.8k $1.8m $1.8m 0.00% Added +12.1k +12,095
19 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 35,32135.3k $1.7m $1.7m 0.02% Reduced -627 -627
20 INTEGRAL INVESTMENT ADVISORS, INC. 0.37% of their portfolio TURLOCK, CA 35,28535.3k $1.7m $1.7m 0.37% Unchanged
21 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 34,52234.5k $1.7m $1.7m 0.00% Reduced -458 -458
22 Buska Wealth Management, LLC 0.58% of their portfolio WAUSAU, WI 33,46033.5k $1.6m $1.6m 0.58% Reduced -9.4k -9,389
23 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 32,96433.0k $1.6m $1.6m 0.04% Unchanged
24 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 31,70831.7k $1.5m $1.5m 0.01% Reduced -4.3k -4,276
25 THOROUGHBRED FINANCIAL SERVICES, LLC 0.07% of their portfolio BRENTWOOD, TN 31,39931.4k $1.5m $1.5m 0.07% Unchanged
26 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 29,89529.9k $1.4m $1.4m 0.01% Reduced -84.9k -84,865
27 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 28,08628.1k $1.3m $1.3m 0.01% Reduced -681.2k -681,166
28 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 27,34427.3k $1.3m $1.3m 0.00% Unchanged
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,71025.7k $1.2m $1.2m 0.00% Added +2.9k +2,922
30 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 23,37923.4k $1.1m $1.1m 0.03% Reduced -891 -891
31 CoreCap Advisors, LLC 0.03% of their portfolio SOUTHFIELD, MI 21,84421.8k $1.0m $1.0m 0.03% Unchanged
32 Berkshire Money Management, Inc. 0.09% of their portfolio DALTON, MA 21,41021.4k $1.0m $1.0m 0.09% Unchanged
33 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 19,54119.5k $934.3k $934.3k 0.00% Added +1.2k +1,230
34 FSA Advisors, Inc. 0.43% of their portfolio TROY, MI 19,53619.5k $934.0k $934.0k 0.43% Reduced -440 -440
35 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 19,30019.3k $922.7k $922.7k 0.01% Unchanged
36 TopTier Wealth Management, LLC 0.55% of their portfolio MUSKEGO, WI 19,09019.1k $912.7k $912.7k 0.55% Reduced -2.6k -2,623
37 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 19,02519.0k $909.6k $909.6k 0.00% New
38 Weaver Consulting Group 0.17% of their portfolio HUNTINGTON BEACH, CA 17,58017.6k $840.5k $840.5k 0.17% Unchanged
39 Spire Wealth Management 0.02% of their portfolio MCLEAN, VA 16,89316.9k $807.7k $807.7k 0.02% Reduced -1 -1
40 Beacon Financial Advisory LLC 0.14% of their portfolio CLEVELAND, OH 14,93414.9k $714.0k $714.0k 0.14% Unchanged
41 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.08% of their portfolio BLUE BELL, PA 14,16414.2k $677.2k $677.2k 0.08% Reduced -11 -11
42 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 14,12414.1k $675.3k $675.3k 0.00% Added +1.3k +1,299
43 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 13,54113.5k $647.4k $647.4k 0.01% Reduced -45 -45
44 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 13,02613.0k $622.8k $622.8k 0.01% Reduced -39 -39
45 Maltin Wealth Management, Inc. 0.19% of their portfolio RIDGEWOOD, NJ 12,13112.1k $580.0k $580.0k 0.19% Reduced -105 -105
46 First Commonwealth Financial Corp /PA/ 0.08% of their portfolio Indiana, PA 11,93311.9k $570.5k $570.5k 0.08% Reduced -876 -876
47 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 11,68111.7k $558.0k $558.0k 0.00% New
48 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 11,45311.5k $547.6k $547.6k 0.00% Reduced -155 -155
49 Chris Bulman Inc 0.20% of their portfolio ROSEVILLE, CA 11,33811.3k $542.1k $542.1k 0.20% Reduced -7.4k -7,388
50 Global Assets Advisory, LLC 0.11% of their portfolio ORLANDO, FL 10,71810.7k $513.4k $513.4k 0.11% New
51 Retirement Planning Group, LLC 0.01% of their portfolio LEAWOOD, KS 10,45110.5k $499.7k $499.7k 0.01% Added +34 +34
52 DHJJ Financial Advisors, Ltd. 0.14% of their portfolio NAPERVILLE, IL 10,31810.3k $493.3k $493.3k 0.14% Unchanged
53 McAdam, LLC 0.02% of their portfolio Philadelphia, PA 9,9009.9k $473.3k $473.3k 0.02% Unchanged
54 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 9,5059.5k $454.4k $454.4k 0.01% New
55 Trek Financial, LLC 0.02% of their portfolio Scottsdale, AZ 9,1649.2k $438.1k $438.1k 0.02% Reduced -1.7k -1,742
56 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 8,9008.9k $425.5k $425.5k 0.00% Reduced -79 -79
57 WPWealth LLP 0.06% of their portfolio FORT WORTH, TX 8,4578.5k $404.3k $404.3k 0.06% Unchanged
58 CRA Financial Services, LLC 0.05% of their portfolio NORTHFIELD, NJ 8,3558.4k $399.5k $399.5k 0.05% Unchanged
59 Main Street Financial Solutions, LLC 0.02% of their portfolio NEWTOWN, PA 7,7627.8k $371.1k $371.1k 0.02% Unchanged
60 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 7,7597.8k $371.0k $371.0k 0.01% Added +212 +212
61 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 7,4147.4k $329.1k $329.1k 0.01% Unchanged
62 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 7,0237.0k $335.8k $335.8k 0.00% Reduced -251 -251
63 BCS Wealth Management 0.06% of their portfolio JOHNSON CITY, TN 7,0027.0k $334.8k $334.8k 0.06% Unchanged
64 Diligent Investors, LLC 0.07% of their portfolio REDLANDS, CA 7,0007.0k $334.7k $334.7k 0.07% Unchanged
65 Stratos Wealth Advisors, LLC 0.02% of their portfolio BEACHWOOD, OH 6,7066.7k $320.6k $320.6k 0.02% Unchanged
66 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 6,6936.7k $320.0k $320.0k 0.01% Reduced -439 -439
67 Caliber Wealth Management, LLC / KS 0.03% of their portfolio Overland Park, KS 6,6716.7k $318.9k $318.9k 0.03% Unchanged
68 RETIREMENT INCOME SOLUTIONS, INC 0.05% of their portfolio ANN ARBOR, MI 6,4596.5k $277.9k $277.9k 0.05% Unchanged
69 RFG Advisory, LLC 0.00% of their portfolio BIRMINGHAM, AL 6,1856.2k $295.7k $295.7k 0.00% Reduced -58 -58
70 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 6,0156.0k $287.6k $287.6k 0.01% Reduced -104 -104
71 INTEGRITY ALLIANCE, LLC. 0.01% of their portfolio Urbandale, IA 5,9035.9k $282.2k $282.2k 0.01% Unchanged
72 Krilogy Financial LLC 0.01% of their portfolio ST. LOUIS, MO 5,8745.9k $280.8k $280.8k 0.01% Unchanged
73 IMG Wealth Management, Inc. 0.15% of their portfolio JACKSONVILLE, FL 5,4475.4k $260.4k $260.4k 0.15% Reduced -141 -141
74 Berger Financial Group, Inc 0.01% of their portfolio PLYMOUTH, MN 5,4045.4k $258.4k $258.4k 0.01% Unchanged
75 Pinnacle Wealth Management Group, Inc. 0.12% of their portfolio PLYMOUTH, MI 5,3255.3k $254.6k $254.6k 0.12% Unchanged
76 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 5,2815.3k $252.5k $252.5k 0.00% Unchanged
77 AlphaStar Capital Management, LLC 0.02% of their portfolio CORNELIUS, NC 5,2505.2k $251.0k $251.0k 0.02% Reduced -4.2k -4,227
78 SCHNIEDERS CAPITAL MANAGEMENT, LLC. 0.03% of their portfolio PASADENA, CA 4,7784.8k $228.4k $228.4k 0.03% Unchanged
79 Visionary Wealth Advisors 0.01% of their portfolio O'FALLON, IL 4,7004.7k $224.7k $224.7k 0.01% Reduced -442 -442
80 Strategic Blueprint, LLC 0.01% of their portfolio ATLANTA, GA 4,3814.4k $209.5k $209.5k 0.01% New
81 IFG Advisory, LLC 0.01% of their portfolio ATLANTA, GA 3,1163.1k $149.0k $149.0k 0.01% New
82 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2,4792.5k $118.5k $118.5k 0.00% Unchanged
83 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,2782.3k $108.9k $108.9k 0.00% Unchanged
84 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 1,9842.0k $94.9k $94.9k 0.00% Unchanged
85 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,5731.6k $75.2k $75.2k 0.00% New
86 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 1,0001.0k $47.8k $47.8k 0.00% Unchanged
87 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 970970 $46.4k $46.4k 0.00% Unchanged
88 Orion Capital Management LLC 0.01% of their portfolio CORONADO, CA 940940 $44.9k $44.9k 0.01% Unchanged
89 Financial Network Wealth Advisors LLC 0.02% of their portfolio MURRAY, UT 500500 $23.9k $23.9k 0.02% Unchanged
90 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 320320 $15.3k $15.3k 0.00% Reduced -321 -321
91 Keating Financial Advisory Services, Inc. 0.00% of their portfolio MANHATTAN, KS 213213 $10.2k $10.2k 0.00% Unchanged
92 COUNTRY TRUST BANK 0.00% of their portfolio Bloomington, IL 7878 $3.7k $3.7k 0.00% New
93 Highland Investment Advisors LLC 0.00% of their portfolio PONTE VEDRA, FL 7373 $3.5k $3.5k 0.00% First filing