Vault-13

INNOVATOR ETFS TRUST BSEP

US EQTY BUF SEP · ETP · CUSIP 45782C664

108 institutional holders +9 vs Q1 2026
3,020,4933.0m shares reported held*
$159.3mreported value*
9 new 12 added 40 reduced 1 sold out net bought ≈ $11.8m (+224.1k 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 ($46.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.73.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 81Q4 22: 83Q1 23: 88Q2 23: 82Q3 23: 85Q4 23: 95Q1 24: 97Q2 24: 97Q3 24: 98Q4 24: 108Q1 25: 98Q2 25: 102Q3 25: 103Q4 25: 115Q1 26: 99Q2 26: 108108Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202281
Q4 202283
Q1 202388
Q2 202382
Q3 202385
Q4 202395
Q1 202497
Q2 202497
Q3 202498
Q4 2024108
Q1 202598
Q2 2025102
Q3 2025103
Q4 2025115
Q1 202699
Q2 2026108

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 53 bought or addedQ3 24: 33 cut or sold outQ4 24: 22 bought or addedQ4 24: 49 cut or sold outQ4 24Q1 25: 20 bought or addedQ1 25: 49 cut or sold outQ2 25: 21 bought or addedQ2 25: 46 cut or sold outQ2 25Q3 25: 54 bought or addedQ3 25: 33 cut or sold outQ4 25: 31 bought or addedQ4 25: 51 cut or sold outQ4 25Q1 26: 16 bought or addedQ1 26: 62 cut or sold outQ2 26: 21 bought or addedQ2 26: 41 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20245333
Q4 20242249
Q1 20252049
Q2 20252146
Q3 20255433
Q4 20253151
Q1 20261662
Q2 20262141

Biggest buyers

OSAIC HOLDINGS, INC. Added +90,421+90.4k
Penserra Capital Management LLC Added +81,441+81.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +42,328+42.3k
OLD MISSION CAPITAL LLC Added +24,068+24.1k
Cambridge Investment Research Advisors, Inc. Added +22,638+22.6k
Global Assets Advisory, LLC New +21,768+21.8k
Creative Planning New +4,062+4.1k
Compass Financial Services Inc New +4,062+4.1k
LPL Financial LLC Added +2,243+2.2k
Outlook Wealth Advisors, LLC Added +2,051+2.1k

Biggest sellers

Cetera Investment Advisers Reduced -21,084-21.1k
Kestra Advisory Services, LLC Reduced -20,572-20.6k
RAYMOND JAMES FINANCIAL INC Reduced -11,209-11.2k
Brookstone Capital Management Reduced -5,448-5.4k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -3,905-3.9k
HighTower Advisors, LLC Reduced -3,808-3.8k
Foundations Investment Advisors, LLC Reduced -2,752-2.8k
Advisory Services Network, LLC Sold out -2,443-2.4k
ENVESTNET ASSET MANAGEMENT INC Reduced -1,543-1.5k
GWN SECURITIES INC. Reduced -1,178-1.2k

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.

HolderStakeChangeShares Last filed
Brookstone Capital Management 13G · institution +11.4 pts · filed 2026-10-02 12.0% +11.4 pts 1.0m≈ $54.0m 2026-10-02

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Penserra Capital Management LLC 0.20% of their portfolio ORINDA, CA 497,183497.2k $26.2m $26.2m 0.20% Added +81.4k +81,441
2 Outlook Wealth Advisors, LLC 3.65% of their portfolio SHENANDOAH, TX 320,071320.1k $16.9m $16.9m 3.65% Added +2.1k +2,051
3 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 223,188223.2k $11.8m $11.8m 0.01% Reduced -3.9k -3,905
4 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 209,426209.4k $11.0m $11.0m 0.01% Added +90.4k +90,421
5 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 175,571175.6k $9.3m $9.3m 0.01% Reduced -611 -611
6 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 81,51481.5k $4.3m $4.3m 0.00% Reduced -11.2k -11,209
7 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 75,03675.0k $4.0m $4.0m 0.01% Reduced -20.6k -20,572
8 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 68,85968.9k $3.6m $3.6m 0.00% Reduced -3.8k -3,808
9 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 68,80868.8k $3.6m $3.6m 0.00% Reduced -21.1k -21,084
10 Lantz Financial LLC 0.61% of their portfolio NAPERVILLE, IL 63,43163.4k $3.3m $3.3m 0.61% Reduced -41 -41
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 61,07061.1k $3.2m $3.2m 0.00% Reduced -1.5k -1,543
12 Diligent Investors, LLC 0.61% of their portfolio REDLANDS, CA 51,94951.9k $2.7m $2.7m 0.61% Reduced -500 -500
13 INTEGRAL INVESTMENT ADVISORS, INC. 0.55% of their portfolio TURLOCK, CA 47,53747.5k $2.5m $2.5m 0.55% Unchanged
14 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 45,27645.3k $2.4m $2.4m 0.00% Added +22.6k +22,638
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 42,32842.3k $2.2m $2.2m 0.00% New
16 GWN SECURITIES INC. 0.36% of their portfolio Palm Beach Gardens, FL 40,65440.7k $2.1m $2.1m 0.36% Reduced -1.2k -1,178
17 WealthPLAN Partners, LLC 0.38% of their portfolio OMAHA, NE 38,08038.1k $2.0m $2.0m 0.38% Reduced -130 -130
18 OLD MISSION CAPITAL LLC 0.05% of their portfolio CHICAGO, IL 35,97036.0k $1.9m $1.9m 0.05% Added +24.1k +24,068
19 DHJJ Financial Advisors, Ltd. 0.53% of their portfolio NAPERVILLE, IL 35,06535.1k $1.8m $1.8m 0.53% Reduced -307 -307
20 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.23% of their portfolio BLUE BELL, PA 34,39834.4k $1.8m $1.8m 0.23% Reduced -894 -894
21 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 34,05534.1k $1.8m $1.8m 0.00% Added +2.2k +2,243
22 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 32,97633.0k $1.7m $1.7m 0.04% Unchanged
23 FSA Advisors, Inc. 0.75% of their portfolio TROY, MI 31,00431.0k $1.6m $1.6m 0.75% Reduced -351 -351
24 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 25,54325.5k $1.3m $1.3m 0.00% Added +1.2k +1,187
25 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 24,39424.4k $1.3m $1.3m 0.00% Unchanged
26 Maltin Wealth Management, Inc. 0.42% of their portfolio RIDGEWOOD, NJ 23,83423.8k $1.3m $1.3m 0.42% Unchanged
27 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 23,70423.7k $1.2m $1.2m 0.01% Reduced -476 -476
28 My Personal CFO, LLC 0.49% of their portfolio VANCOUVER, WA 23,61023.6k $1.2m $1.2m 0.49% Unchanged
29 First Commonwealth Financial Corp /PA/ 0.17% of their portfolio Indiana, PA 23,00523.0k $1.2m $1.2m 0.17% Reduced -374 -374
30 Global Assets Advisory, LLC 0.25% of their portfolio ORLANDO, FL 21,76821.8k $1.2m $1.2m 0.25% New
31 Wood Tarver Financial Group, LLC 0.27% of their portfolio BOISE, ID 21,52621.5k $1.1m $1.1m 0.27% Unchanged
32 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 21,01221.0k $1.1m $1.1m 0.01% Reduced -5.4k -5,448
33 COFG Advisors, LLC 0.19% of their portfolio OAK BROOK, IL 20,76720.8k $1.1m $1.1m 0.19% Reduced -173 -173
34 THOROUGHBRED FINANCIAL SERVICES, LLC 0.05% of their portfolio BRENTWOOD, TN 18,83618.8k $993.0k $993.0k 0.05% Unchanged
35 TopTier Wealth Management, LLC 0.55% of their portfolio MUSKEGO, WI 17,16117.2k $904.9k $904.9k 0.55% Reduced -1 -1
36 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.04% of their portfolio CEDAR RAPIDS, IA 16,34916.3k $862.1k $862.1k 0.04% Reduced -232 -232
37 Garden State Investment Advisory Services LLC 0.16% of their portfolio Red Bank, NJ 15,92515.9k $839.7k $839.7k 0.16% Unchanged
38 Fragasso Financial Advisors Inc 0.04% of their portfolio SEWICKLEY, PA 15,03115.0k $792.6k $792.6k 0.04% Reduced -92 -92
39 Strategic Blueprint, LLC 0.04% of their portfolio ATLANTA, GA 14,56614.6k $768.1k $768.1k 0.04% Reduced -930 -930
40 Pinnacle Wealth Management Group, Inc. 0.35% of their portfolio PLYMOUTH, MI 14,03014.0k $739.8k $739.8k 0.35% Unchanged
41 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 13,72213.7k $723.6k $723.6k 0.00% Added +1.6k +1,568
42 Chris Bulman Inc 0.25% of their portfolio ROSEVILLE, CA 13,06613.1k $689.0k $689.0k 0.25% Reduced -59 -59
43 Berkshire Money Management, Inc. 0.06% of their portfolio DALTON, MA 12,68712.7k $669.0k $669.0k 0.06% Unchanged
44 Three Seasons Wealth, LLC 0.06% of their portfolio SALT LAKE CITY, UT 12,59012.6k $663.9k $663.9k 0.06% Unchanged
45 WCG Wealth Advisors LLC 0.02% of their portfolio LAS VEGAS, NV 12,18612.2k $642.6k $642.6k 0.02% Unchanged
46 Spire Wealth Management 0.02% of their portfolio MCLEAN, VA 11,61411.6k $612.4k $612.4k 0.02% Reduced -116 -116
47 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 11,56011.6k $609.6k $609.6k 0.02% Added +1.0k +1,020
48 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 11,45311.5k $604.0k $604.0k 0.00% Reduced -130 -130
49 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 11,40211.4k $601.2k $601.2k 0.01% Unchanged
50 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 10,71610.7k $565.3k $565.3k 0.01% Unchanged
51 Bellwether Advisors, LLC 0.08% of their portfolio LINCOLN, NE 10,30210.3k $543.2k $543.2k 0.08% Unchanged
52 BCGM Wealth Management, LLC 0.11% of their portfolio LAFAYETTE, IN 10,00010.0k $527.3k $527.3k 0.11% Unchanged
53 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 9,8299.8k $518.3k $518.3k 0.01% Unchanged
54 BCS Wealth Management 0.09% of their portfolio JOHNSON CITY, TN 9,8049.8k $517.0k $517.0k 0.09% Reduced -78 -78
55 Retirement Planning Group, LLC 0.01% of their portfolio LEAWOOD, KS 9,0529.1k $477.3k $477.3k 0.01% Reduced -312 -312
56 Caliber Wealth Management, LLC / KS 0.05% of their portfolio Overland Park, KS 8,9238.9k $470.5k $470.5k 0.05% Unchanged
57 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 8,8658.9k $467.5k $467.5k 0.01% Added +193 +193
58 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 8,7418.7k $460.9k $460.9k 0.01% Reduced -338 -338
59 Lewis Asset Management, LLC 0.16% of their portfolio LAFAYETTE, CA 8,5308.5k $449.8k $449.8k 0.16% Unchanged
60 INTEGRITY ALLIANCE, LLC. 0.01% of their portfolio Urbandale, IA 8,3328.3k $439.3k $439.3k 0.01% Unchanged
61 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.02% of their portfolio Westlake, OH 8,1798.2k $431.3k $431.3k 0.02% Added +1.9k +1,886
62 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 7,4897.5k $394.9k $394.9k 0.00% Unchanged
63 Weaver Consulting Group 0.08% of their portfolio HUNTINGTON BEACH, CA 7,3497.3k $387.5k $387.5k 0.08% Unchanged
64 Financial Network Wealth Advisors LLC 0.35% of their portfolio MURRAY, UT 6,6006.6k $348.0k $348.0k 0.35% Unchanged
65 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 6,5806.6k $347.0k $347.0k 0.00% Unchanged
66 Foundations Investment Advisors, LLC 0.00% of their portfolio PHOENIX, AZ 6,2356.2k $328.8k $328.8k 0.00% Reduced -2.8k -2,752
67 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 6,0456.0k $318.8k $318.8k 0.01% Unchanged
68 IMG Wealth Management, Inc. 0.18% of their portfolio JACKSONVILLE, FL 6,0426.0k $318.6k $318.6k 0.18% Unchanged
69 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 6,0006.0k $316.4k $316.4k 0.00% Reduced -73 -73
70 Beacon Financial Advisory LLC 0.06% of their portfolio CLEVELAND, OH 5,8345.8k $307.6k $307.6k 0.06% Unchanged
71 Valtinson Bruner Financial Planning LLC 0.07% of their portfolio NEW BRIGHTON, MN 5,6335.6k $297.0k $297.0k 0.07% Unchanged
72 Soltis Investment Advisors LLC 0.02% of their portfolio ST. GEORGE, UT 5,5565.6k $293.0k $293.0k 0.02% Reduced -127 -127
73 Trek Financial, LLC 0.01% of their portfolio Scottsdale, AZ 5,4645.5k $288.1k $288.1k 0.01% Reduced -686 -686
74 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 5,3155.3k $280.3k $280.3k 0.00% Reduced -45 -45
75 Syntegra Private Wealth Group, LLC 0.02% of their portfolio Chesterfield, MO 5,2335.2k $275.9k $275.9k 0.02% Unchanged
76 Summit Wealth Partners, LLC 0.04% of their portfolio Orlando, FL 4,7134.7k $248.5k $248.5k 0.04% Unchanged
77 Kathmere Capital Management, LLC 0.01% of their portfolio WAYNE, PA 4,5934.6k $242.2k $242.2k 0.01% Reduced -4 -4
78 Share Andrew L. 0.12% of their portfolio MANCHESTER, NH 4,3804.4k $231.0k $231.0k 0.12% Unchanged
79 EVOLUTION WEALTH MANAGEMENT INC. 0.14% of their portfolio FORT MYERS, FL 4,3674.4k $230.3k $230.3k 0.14% Reduced -889 -889
80 Focus Financial Network, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 4,3464.3k $229.2k $229.2k 0.01% Unchanged
81 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 4,0624.1k $214.2k $214.2k 0.00% New
82 Compass Financial Services Inc 0.08% of their portfolio WEST DES MOINES, IA 4,0624.1k $214.2k $214.2k 0.08% New
83 Ashton Thomas Private Wealth, LLC 0.00% of their portfolio SCOTTSDALE, AZ 3,3643.4k $177.4k $177.4k 0.00% Unchanged
84 Weaver Capital Management LLC 0.03% of their portfolio SUWANEE, GA 3,0043.0k $144.4k $144.4k 0.03% Unchanged
85 Archer Investment Corp 0.02% of their portfolio Carmel, IN 2,9923.0k $157.8k $157.8k 0.02% Added +1.4k +1,404
86 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 2,9533.0k $155.7k $155.7k 0.00% Unchanged
87 WealthShield Partners, LLC 0.02% of their portfolio CARY, NC 2,7392.7k $144.4k $144.4k 0.02% Unchanged
88 Global Trust Asset Management, LLC 0.03% of their portfolio PALM BEACH GARDENS, FL 2,0002.0k $105.5k $105.5k 0.03% Unchanged
89 Capital Investment Advisory Services, LLC 0.01% of their portfolio RALEIGH, NC 1,5751.6k $83.0k $83.0k 0.01% Reduced -85 -85
90 Continuum Advisory, LLC 0.01% of their portfolio EAGLE, ID 1,3661.4k $72.0k $72.0k 0.01% New
91 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 1,1261.1k $59.4k $59.4k 0.00% New
92 Cape Investment Advisory, Inc. 0.02% of their portfolio MCDONOUGH, GA 1,1001.1k $58.0k $58.0k 0.02% New
93 Orion Capital Management LLC 0.02% of their portfolio CORONADO, CA 1,0881.1k $57.4k $57.4k 0.02% Unchanged
94 Physician Wealth Advisors, Inc. 0.01% of their portfolio MIDVALE, UT 1,0551.1k $55.6k $55.6k 0.01% Unchanged
95 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 1,0001.0k $52.7k $52.7k 0.00% Unchanged
96 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 806806 $42.5k $42.5k 0.00% Unchanged
97 Regatta Research & Money Management 0.04% of their portfolio METAIRIE, LA 707707 $37.3k $37.3k 0.04% First filing
98 FIDUCIARY FINANCIAL ADVISORS 0.00% of their portfolio GRAND RAPIDS, MI 626626 $33.0k $33.0k 0.00% New
99 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 511511 $26.9k $26.9k 0.00% Unchanged
100 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 300300 $15.8k $15.8k 0.00% Unchanged