Vault-13

INNOVATOR ETFS TRUST BAUG

US EQUT BUFR AUG · ETP · CUSIP 45782C698

106 institutional holders +7 vs Q3 2025
3,157,4783.2m shares reported held*
$158.1mreported value*
6 new 18 added 42 reduced 7 sold out net sold ≈ $3.7m (-74.7k 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 ≈ $50.07.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 64Q4 22: 64Q1 23: 67Q2 23: 72Q3 23: 86Q4 23: 104Q1 24: 92Q2 24: 89Q3 24: 95Q4 24: 99Q1 25: 91Q2 25: 95Q3 25: 99Q4 25: 106106Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202264
Q4 202264
Q1 202367
Q2 202372
Q3 202386
Q4 2023104
Q1 202492
Q2 202489
Q3 202495
Q4 202499
Q1 202591
Q2 202595
Q3 202599
Q4 2025106

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 26 bought or addedQ1 24: 60 cut or sold outQ2 24: 10 bought or addedQ2 24: 66 cut or sold outQ2 24Q3 24: 53 bought or addedQ3 24: 29 cut or sold outQ4 24: 24 bought or addedQ4 24: 40 cut or sold outQ4 24Q1 25: 17 bought or addedQ1 25: 53 cut or sold outQ2 25: 21 bought or addedQ2 25: 46 cut or sold outQ2 25Q3 25: 45 bought or addedQ3 25: 37 cut or sold outQ4 25: 24 bought or addedQ4 25: 49 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20242660
Q2 20241066
Q3 20245329
Q4 20242440
Q1 20251753
Q2 20252146
Q3 20254537
Q4 20252449

Biggest buyers

Brookstone Capital Management Added +34,165+34.2k
BCS Wealth Management Added +16,617+16.6k
Arax Advisory Partners New +12,759+12.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +11,829+11.8k
Lido Advisors, LLC New +10,662+10.7k
AlphaStar Capital Management, LLC New +9,629+9.6k
Beacon Pointe Advisors, LLC Added +6,208+6.2k
My Personal CFO, LLC New +5,140+5.1k
OLD MISSION CAPITAL LLC Added +5,051+5.1k
Rothschild Wealth LLC New +4,050+4.0k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -38,703-38.7k
RAYMOND JAMES FINANCIAL INC Reduced -28,832-28.8k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -28,476-28.5k
Penserra Capital Management LLC Reduced -17,183-17.2k
JANE STREET GROUP, LLC Sold out -16,565-16.6k
NWF Advisory Services Inc. Reduced -12,679-12.7k
Bright Futures Wealth Management, LLC. Sold out -12,573-12.6k
Stuart Chaussee & Associates, Inc. Sold out -10,730-10.7k
CoreCap Advisors, LLC Reduced -5,034-5.0k
Cetera Investment Advisers Reduced -3,484-3.5k

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 (20.6%, 2026-09-02)

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Brookstone Capital Management 0.35% of their portfolio WHEATON, IL 603,489603.5k $30.2m $30.2m 0.35% Added +34.2k +34,165
2 Penserra Capital Management LLC 0.22% of their portfolio ORINDA, CA 368,860368.9k $18.5m $18.5m 0.22% Reduced -17.2k -17,183
3 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 236,945236.9k $11.9m $11.9m 0.02% Reduced -3.4k -3,388
4 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 200,924200.9k $10.1m $10.1m 0.01% Reduced -28.5k -28,476
5 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 133,106133.1k $6.7m $6.7m 0.01% Reduced -1.1k -1,109
6 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 105,633105.6k $5.3m $5.3m 0.00% Reduced -28.8k -28,832
7 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 87,23487.2k $4.4m $4.4m 0.00% Added +1.8k +1,793
8 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 76,23476.2k $3.8m $3.8m 0.02% Added +657 +657
9 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 55,11455.1k $2.8m $2.8m 0.00% Reduced -3.5k -3,484
10 Diligent Investors, LLC 0.67% of their portfolio REDLANDS, CA 54,66654.7k $2.7m $2.7m 0.67% Reduced -3.0k -3,034
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 48,84248.8k $2.4m $2.4m 0.00% Reduced -443 -443
12 Beacon Pointe Advisors, LLC 0.02% of their portfolio NEWPORT BEACH, CA 44,29544.3k $2.2m $2.2m 0.02% Added +6.2k +6,208
13 TopTier Wealth Management, LLC 1.42% of their portfolio MUSKEGO, WI 41,73041.7k $2.1m $2.1m 1.42% First filing
14 OLD MISSION CAPITAL LLC 0.08% of their portfolio CHICAGO, IL 38,89938.9k $1.9m $1.9m 0.08% Added +5.1k +5,051
15 CHAPMAN FINANCIAL GROUP, LLC 1.16% of their portfolio KAILUA, HI 33,99234.0k $1.7m $1.7m 1.16% Unchanged
16 BCS Wealth Management 0.17% of their portfolio JOHNSON CITY, TN 33,63633.6k $1.7m $1.7m 0.17% Added +16.6k +16,617
17 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 33,39133.4k $1.7m $1.7m 0.04% Unchanged
18 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.24% of their portfolio BLUE BELL, PA 32,72432.7k $1.6m $1.6m 0.24% Reduced -684 -684
19 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 32,68832.7k $1.6m $1.6m 0.00% Reduced -1.6k -1,606
20 INTEGRAL INVESTMENT ADVISORS, INC. 0.39% of their portfolio TURLOCK, CA 31,35731.4k $1.6m $1.6m 0.39% Reduced -75 -75
21 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 30,85130.9k $1.5m $1.5m 0.00% Reduced -333 -333
22 Beacon Financial Advisory LLC 0.31% of their portfolio CLEVELAND, OH 27,07127.1k $1.4m $1.4m 0.31% Added +3.4k +3,365
23 FSA Advisors, Inc. 0.94% of their portfolio TROY, MI 26,94426.9k $1.3m $1.3m 0.94% Added +62 +62
24 Lantz Financial LLC 0.27% of their portfolio NAPERVILLE, IL 25,66625.7k $1.3m $1.3m 0.27% Reduced -7 -7
25 World Investment Advisors 0.02% of their portfolio LINCROFT, NJ 23,92023.9k $1.2m $1.2m 0.02% Added +1.8k +1,795
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 23,88223.9k $1.2m $1.2m 0.00% Added +11.8k +11,829
27 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 23,72723.7k $1.2m $1.2m 0.00% Added +2.2k +2,238
28 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 23,29923.3k $1.2m $1.2m 0.00% Reduced -38.7k -38,703
29 Fragasso Financial Advisors Inc 0.07% of their portfolio SEWICKLEY, PA 22,68322.7k $1.1m $1.1m 0.07% Unchanged
30 CoreCap Advisors, LLC 0.04% of their portfolio SOUTHFIELD, MI 21,41921.4k $1.1m $1.1m 0.04% Reduced -5.0k -5,034
31 CreativeOne Wealth, LLC 0.03% of their portfolio OVERLAND PARK, KS 20,80120.8k $1.0m $1.0m 0.03% Reduced -17 -17
32 COFG Advisors, LLC 0.25% of their portfolio OAK BROOK, IL 20,60620.6k $1.0m $1.0m 0.25% First filing
33 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 20,49020.5k $1.0m $1.0m 0.02% Added +1.1k +1,143
34 DHJJ Financial Advisors, Ltd. 0.32% of their portfolio NAPERVILLE, IL 19,25919.3k $963.7k $963.7k 0.32% Reduced -89 -89
35 GWN SECURITIES INC. 0.19% of their portfolio Palm Beach Gardens, FL 19,16019.2k $958.8k $958.8k 0.19% Added +3.1k +3,091
36 Weaver Consulting Group 0.23% of their portfolio HUNTINGTON BEACH, CA 18,66218.7k $933.8k $933.8k 0.23% Reduced -60 -60
37 Trek Financial, LLC 0.05% of their portfolio Scottsdale, AZ 18,47518.5k $924.5k $924.5k 0.05% Reduced -118 -118
38 Buska Wealth Management, LLC 0.33% of their portfolio WAUSAU, WI 17,96618.0k $899.0k $899.0k 0.33% Reduced -2.5k -2,507
39 Chris Bulman Inc 0.39% of their portfolio ROSEVILLE, CA 17,74317.7k $887.9k $887.9k 0.39% Added +1.3k +1,295
40 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 17,40917.4k $871.1k $871.1k 0.01% Reduced -900 -900
41 CRA Financial Services, LLC 0.11% of their portfolio NORTHFIELD, NJ 16,93916.9k $847.6k $847.6k 0.11% Unchanged
42 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 16,42216.4k $821.7k $821.7k 0.00% Reduced -423 -423
43 RED REEF ADVISORS LLC 0.76% of their portfolio BOCA RATON, FL 15,00015.0k $750.6k $750.6k 0.76% First filing
44 First Commonwealth Financial Corp /PA/ 0.12% of their portfolio Indiana, PA 14,23614.2k $712.4k $712.4k 0.12% Unchanged
45 Strategic Blueprint, LLC 0.04% of their portfolio ATLANTA, GA 14,16714.2k $708.9k $708.9k 0.04% Reduced -285 -285
46 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 13,39513.4k $670.3k $670.3k 0.01% Reduced -425 -425
47 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 13,33913.3k $667.5k $667.5k 0.02% Unchanged
48 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 13,31713.3k $666.4k $666.4k 0.00% Added +302 +302
49 Arax Advisory Partners 0.02% of their portfolio NEW YORK, NY 12,75912.8k $638.5k $638.5k 0.02% New
50 EverSource Wealth Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 12,40712.4k $620.8k $620.8k 0.02% Unchanged
51 WealthShield Partners, LLC 0.07% of their portfolio CARY, NC 11,80111.8k $590.5k $590.5k 0.07% Unchanged
52 Outlook Wealth Advisors, LLC 0.13% of their portfolio SHENANDOAH, TX 11,73211.7k $587.1k $587.1k 0.13% Unchanged
53 Visionary Wealth Advisors 0.03% of their portfolio O'FALLON, IL 11,65511.7k $583.2k $583.2k 0.03% Unchanged
54 Berkshire Money Management, Inc. 0.05% of their portfolio DALTON, MA 10,80110.8k $540.5k $540.5k 0.05% Reduced -871 -871
55 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 10,66210.7k $533.5k $533.5k 0.00% New
56 Fortune Financial Group, Inc. 0.59% of their portfolio NAPLES, FL 10,06010.1k $605.0k $605.0k 0.59% First filing
57 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 9,9479.9k $497.7k $497.7k 0.01% Added +4 +4
58 AlphaStar Capital Management, LLC 0.04% of their portfolio CORNELIUS, NC 9,6299.6k $481.8k $481.8k 0.04% New
59 Keystone Wealth Services, LLC 0.10% of their portfolio PALM DESERT, CA 9,5519.6k $477.9k $477.9k 0.10% Unchanged
60 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 9,5269.5k $480.1k $480.1k 0.00% Unchanged
61 Pinnacle Wealth Management Group, Inc. 0.22% of their portfolio PLYMOUTH, MI 8,8508.8k $442.9k $442.9k 0.22% Reduced -600 -600
62 CENTRAL VALLEY ADVISORS, LLC 0.13% of their portfolio SACRAMENTO, CA 8,5748.6k $429.0k $429.0k 0.13% Unchanged
63 Valtinson Bruner Financial Planning LLC 0.12% of their portfolio NEW BRIGHTON, MN 8,2298.2k $411.8k $411.8k 0.12% Unchanged
64 Secure Asset Management, LLC 0.06% of their portfolio Troy, MI 7,8517.9k $392.9k $392.9k 0.06% Unchanged
65 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 7,7107.7k $388.8k $388.8k 0.01% Unchanged
66 CORRADO ADVISORS, LLC 0.19% of their portfolio RAMSEY, NJ 7,6317.6k $381.9k $381.9k 0.19% Reduced -27 -27
67 Impact Partnership Wealth, LLC 0.05% of their portfolio MARIETTA, GA 7,4977.5k $375.1k $375.1k 0.05% Reduced -402 -402
68 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 7,0867.1k $354.6k $354.6k 0.01% Reduced -542 -542
69 CROSSPOINT FINANCIAL, LLC 0.77% of their portfolio TUSTIN, CA 6,5486.5k $327.6k $327.6k 0.77% Reduced -2.0k -2,000
70 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 6,4376.4k $322.1k $322.1k 0.00% Reduced -125 -125
71 DAYMARK WEALTH PARTNERS, LLC 0.01% of their portfolio CINCINNATI, OH 6,2476.2k $312.6k $312.6k 0.01% Unchanged
72 Selby Wealth Management, LLC 0.13% of their portfolio EMERYVILLE, CA 6,2006.2k $310.2k $310.2k 0.13% First filing
73 BFI Wealth Solutions, LLC 0.29% of their portfolio DALLAS, TX 6,0006.0k $300.2k $300.2k 0.29% First filing
74 Share Andrew L. 0.15% of their portfolio MANCHESTER, NH 5,9766.0k $299.0k $299.0k 0.15% Reduced -1.8k -1,800
75 IMG Wealth Management, Inc. 0.19% of their portfolio JACKSONVILLE, FL 5,8935.9k $294.9k $294.9k 0.19% Reduced -741 -741
76 VISTA INVESTMENT MANAGEMENT 0.09% of their portfolio PITTSBURGH, PA 5,4805.5k $274.2k $274.2k 0.09% Unchanged
77 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 5,3235.3k $266.4k $266.4k 0.00% Reduced -178 -178
78 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 5,1755.2k $259.0k $259.0k 0.00% Reduced -550 -550
79 PFG Advisors 0.01% of their portfolio Phoenix, AZ 5,1725.2k $258.8k $258.8k 0.01% Reduced -2.6k -2,598
80 My Personal CFO, LLC 0.11% of their portfolio VANCOUVER, WA 5,1405.1k $257.2k $257.2k 0.11% New
81 NWF Advisory Services Inc. 0.03% of their portfolio Los Angeles, CA 5,0765.1k $254.0k $254.0k 0.03% Reduced -12.7k -12,679
82 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 4,8104.8k $240.7k $240.7k 0.00% Added +676 +676
83 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 4,6174.6k $231.0k $231.0k 0.00% Unchanged
84 RPS ADVISORY SOLUTIONS LLC 0.11% of their portfolio LOUISVILLE, KY 4,4904.5k $224.7k $224.7k 0.11% Unchanged
85 BAM Wealth Management, LLC 0.15% of their portfolio LAKEWOOD, CO 4,1074.1k $205.5k $205.5k 0.15% Unchanged
86 Rothschild Wealth LLC 0.02% of their portfolio OAK BROOK, IL 4,0504.0k $202.7k $202.7k 0.02% New
87 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 3,9894.0k $199.6k $199.6k 0.00% Reduced -3.1k -3,083
88 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2,6422.6k $132.2k $132.2k 0.00% Unchanged
89 Financial Network Wealth Advisors LLC 0.10% of their portfolio MURRAY, UT 1,8761.9k $93.9k $93.9k 0.10% Unchanged
90 Motiv8 Investments LLC 0.05% of their portfolio PORT ST. LUCIE, FL 1,6721.7k $84.0k $84.0k 0.05% New
91 EVOLUTION WEALTH MANAGEMENT INC. 0.05% of their portfolio FORT MYERS, FL 1,2351.2k $61.8k $61.8k 0.05% Unchanged
92 Compass Financial Services Inc 0.02% of their portfolio WEST DES MOINES, IA 1,0341.0k $51.7k $51.7k 0.02% Unchanged
93 Annis Gardner Whiting Capital Advisors, LLC 0.00% of their portfolio TAMPA, FL 500500 $25.0k $25.0k 0.00% Unchanged
94 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 433433 $21.7k $21.7k 0.00% Unchanged
95 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 406406 $20.3k $20.3k 0.00% Reduced -3.0k -3,000
96 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 400400 $20.0k $20.0k 0.00% Unchanged
97 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 363363 $18.2k $18.2k 0.00% Unchanged
98 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 320320 $16.0k $16.0k 0.00% Reduced -196 -196
99 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 300300 $15.0k $15.0k 0.00% Unchanged
100 UBS Group AG 0.00% of their portfolio ZURICH, V8 235235 $11.8k $11.8k 0.00% Added +56 +56