Vault-13

INNOVATOR ETFS TRUST BAUG

US EQUT BUFR AUG · ETP · CUSIP 45782C698

97 institutional holders -9 vs Q4 2025
2,480,6992.5m shares reported held*
$121.2mreported value*
3 new 11 added 38 reduced 12 sold out net sold ≈ $33.2m (-680.2k 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 ≈ $48.85.

Trends to Q1 2026

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: 106Q1 26: 9797Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q1 202697

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 10 bought or addedQ2 24: 66 cut or sold outQ3 24: 53 bought or addedQ3 24: 29 cut or sold outQ3 24Q4 24: 24 bought or addedQ4 24: 40 cut or sold outQ1 25: 17 bought or addedQ1 25: 53 cut or sold outQ1 25Q2 25: 21 bought or addedQ2 25: 46 cut or sold outQ3 25: 45 bought or addedQ3 25: 37 cut or sold outQ3 25Q4 25: 24 bought or addedQ4 25: 49 cut or sold outQ1 26: 14 bought or addedQ1 26: 50 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20241066
Q3 20245329
Q4 20242440
Q1 20251753
Q2 20252146
Q3 20254537
Q4 20252449
Q1 20261450

Biggest buyers

Kestra Advisory Services, LLC Added +57,205+57.2k
Penserra Capital Management LLC Added +40,959+41.0k
ENVESTNET ASSET MANAGEMENT INC Added +24,266+24.3k
CITADEL ADVISORS LLC New +12,495+12.5k
Clear Creek Financial Management, LLC New +6,163+6.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +3,761+3.8k
Cerity Partners LLC Added +2,061+2.1k
HARBOUR INVESTMENTS, INC. Added +1,194+1.2k
Beacon Pointe Advisors, LLC Added +949+949
HighTower Advisors, LLC Added +668+668

Biggest sellers

Brookstone Capital Management Reduced -557,713-557.7k
OSAIC HOLDINGS, INC. Reduced -106,922-106.9k
Arkadios Wealth Advisors Sold out -20,490-20.5k
BCS Wealth Management Reduced -16,918-16.9k
OLD MISSION CAPITAL LLC Reduced -12,832-12.8k
MML INVESTORS SERVICES, LLC Reduced -9,749-9.7k
AlphaStar Capital Management, LLC Sold out -9,629-9.6k
Fragasso Financial Advisors Inc Reduced -9,579-9.6k
Secure Asset Management, LLC Sold out -7,851-7.9k
Chris Bulman Inc Reduced -6,974-7.0k

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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Penserra Capital Management LLC 0.23% of their portfolio ORINDA, CA 409,819409.8k $20.0m $20.0m 0.23% Added +41.0k +40,959
2 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 200,365200.4k $9.8m $9.8m 0.01% Reduced -559 -559
3 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 135,167135.2k $6.6m $6.6m 0.01% Added +2.1k +2,061
4 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 133,439133.4k $6.5m $6.5m 0.02% Added +57.2k +57,205
5 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 130,023130.0k $6.4m $6.4m 0.01% Reduced -106.9k -106,922
6 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 103,997104.0k $5.1m $5.1m 0.00% Reduced -1.6k -1,636
7 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 87,90287.9k $4.3m $4.3m 0.00% Added +668 +668
8 Diligent Investors, LLC 0.64% of their portfolio REDLANDS, CA 53,26653.3k $2.6m $2.6m 0.64% Reduced -1.4k -1,400
9 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 50,76150.8k $2.5m $2.5m 0.00% Reduced -4.4k -4,353
10 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 47,56547.6k $2.3m $2.3m 0.00% Added +24.3k +24,266
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 45,78245.8k $2.2m $2.2m 0.00% Reduced -3.1k -3,060
12 Brookstone Capital Management 0.03% of their portfolio WHEATON, IL 45,77645.8k $2.2m $2.2m 0.03% Reduced -557.7k -557,713
13 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 45,24445.2k $2.2m $2.2m 0.01% Added +949 +949
14 TopTier Wealth Management, LLC 1.25% of their portfolio MUSKEGO, WI 41,73041.7k $2.0m $2.0m 1.25% Unchanged
15 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 33,39133.4k $1.6m $1.6m 0.04% Unchanged
16 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 32,43832.4k $1.6m $1.6m 0.00% Reduced -250 -250
17 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.22% of their portfolio BLUE BELL, PA 31,76831.8k $1.6m $1.6m 0.22% Reduced -956 -956
18 INTEGRAL INVESTMENT ADVISORS, INC. 0.38% of their portfolio TURLOCK, CA 31,35731.4k $1.5m $1.5m 0.38% Unchanged
19 CHAPMAN FINANCIAL GROUP, LLC 1.01% of their portfolio KAILUA, HI 28,86928.9k $1.4m $1.4m 1.01% Reduced -5.1k -5,123
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 27,64327.6k $1.4m $1.4m 0.00% Added +3.8k +3,761
21 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 27,36827.4k $1.3m $1.3m 0.00% Reduced -3.5k -3,483
22 Beacon Financial Advisory LLC 0.30% of their portfolio CLEVELAND, OH 27,07127.1k $1.3m $1.3m 0.30% Unchanged
23 FSA Advisors, Inc. 0.85% of their portfolio TROY, MI 26,37926.4k $1.3m $1.3m 0.85% Reduced -565 -565
24 OLD MISSION CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 26,06726.1k $1.3m $1.3m 0.03% Reduced -12.8k -12,832
25 Lantz Financial LLC 0.26% of their portfolio NAPERVILLE, IL 25,66625.7k $1.3m $1.3m 0.26% Unchanged
26 World Investment Advisors 0.02% of their portfolio LINCROFT, NJ 21,62821.6k $1.1m $1.1m 0.02% Reduced -2.3k -2,292
27 CoreCap Advisors, LLC 0.03% of their portfolio SOUTHFIELD, MI 21,04921.0k $1.0m $1.0m 0.03% Reduced -370 -370
28 COFG Advisors, LLC 0.25% of their portfolio OAK BROOK, IL 20,60620.6k $1.0m $1.0m 0.25% Unchanged
29 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 20,06920.1k $980.3k $980.3k 0.02% Reduced -732 -732
30 GWN SECURITIES INC. 0.18% of their portfolio Palm Beach Gardens, FL 19,73119.7k $963.8k $963.8k 0.18% Added +571 +571
31 DHJJ Financial Advisors, Ltd. 0.31% of their portfolio NAPERVILLE, IL 19,02419.0k $929.3k $929.3k 0.31% Reduced -235 -235
32 Weaver Consulting Group 0.21% of their portfolio HUNTINGTON BEACH, CA 18,34318.3k $896.0k $896.0k 0.21% Reduced -319 -319
33 Trek Financial, LLC 0.04% of their portfolio Scottsdale, AZ 17,17017.2k $838.7k $838.7k 0.04% Reduced -1.3k -1,305
34 CRA Financial Services, LLC 0.11% of their portfolio NORTHFIELD, NJ 16,93916.9k $827.4k $827.4k 0.11% Unchanged
35 BCS Wealth Management 0.17% of their portfolio JOHNSON CITY, TN 16,71816.7k $816.6k $816.6k 0.17% Reduced -16.9k -16,918
36 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 16,28216.3k $795.3k $795.3k 0.00% Reduced -140 -140
37 RED REEF ADVISORS LLC 0.77% of their portfolio BOCA RATON, FL 15,00015.0k $732.7k $732.7k 0.77% Unchanged
38 First Commonwealth Financial Corp /PA/ 0.11% of their portfolio Indiana, PA 14,23614.2k $695.4k $695.4k 0.11% Unchanged
39 Strategic Blueprint, LLC 0.04% of their portfolio ATLANTA, GA 14,16714.2k $692.0k $692.0k 0.04% Unchanged
40 Buska Wealth Management, LLC 0.27% of their portfolio WAUSAU, WI 13,99814.0k $683.8k $683.8k 0.27% Reduced -4.0k -3,968
41 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 13,97814.0k $682.8k $682.8k 0.00% Reduced -9.7k -9,749
42 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 13,39513.4k $654.3k $654.3k 0.01% Unchanged
43 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 13,27313.3k $648.4k $648.4k 0.00% Reduced -44 -44
44 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 13,16813.2k $643.2k $643.2k 0.02% Reduced -171 -171
45 Fragasso Financial Advisors Inc 0.04% of their portfolio SEWICKLEY, PA 13,10413.1k $646.3k $646.3k 0.04% Reduced -9.6k -9,579
46 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 12,49512.5k $610.4k $610.4k 0.00% New
47 Arax Advisory Partners 0.02% of their portfolio NEW YORK, NY 12,48412.5k $609.8k $609.8k 0.02% Reduced -275 -275
48 EverSource Wealth Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 12,40712.4k $606.1k $606.1k 0.02% Unchanged
49 WealthShield Partners, LLC 0.06% of their portfolio CARY, NC 11,80111.8k $576.5k $576.5k 0.06% Unchanged
50 Visionary Wealth Advisors 0.02% of their portfolio O'FALLON, IL 11,55611.6k $564.5k $564.5k 0.02% Reduced -99 -99
51 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 11,03011.0k $538.8k $538.8k 0.01% Reduced -6.4k -6,379
52 Berkshire Money Management, Inc. 0.05% of their portfolio DALTON, MA 10,80110.8k $527.6k $527.6k 0.05% Unchanged
53 Chris Bulman Inc 0.23% of their portfolio ROSEVILLE, CA 10,76910.8k $526.0k $526.0k 0.23% Reduced -7.0k -6,974
54 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 10,66210.7k $520.8k $520.8k 0.00% Unchanged
55 Fortune Financial Group, Inc. 0.44% of their portfolio NAPLES, FL 10,06010.1k $491.4k $491.4k 0.44% Unchanged
56 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 9,9479.9k $485.9k $485.9k 0.01% Unchanged
57 Keystone Wealth Services, LLC 0.10% of their portfolio PALM DESERT, CA 9,5519.6k $466.5k $466.5k 0.10% Unchanged
58 Outlook Wealth Advisors, LLC 0.11% of their portfolio SHENANDOAH, TX 9,3729.4k $457.8k $457.8k 0.11% Reduced -2.4k -2,360
59 Pinnacle Wealth Management Group, Inc. 0.21% of their portfolio PLYMOUTH, MI 8,8508.8k $432.3k $432.3k 0.21% Unchanged
60 CENTRAL VALLEY ADVISORS, LLC 0.11% of their portfolio SACRAMENTO, CA 8,5748.6k $418.8k $418.8k 0.11% Unchanged
61 Valtinson Bruner Financial Planning LLC 0.11% of their portfolio NEW BRIGHTON, MN 8,2298.2k $402.0k $402.0k 0.11% Unchanged
62 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 7,7107.7k $399.5k $399.5k 0.01% Unchanged
63 CORRADO ADVISORS, LLC 0.19% of their portfolio RAMSEY, NJ 7,6317.6k $372.8k $372.8k 0.19% Unchanged
64 Impact Partnership Wealth, LLC 0.05% of their portfolio MARIETTA, GA 7,4617.5k $364.5k $364.5k 0.05% Reduced -36 -36
65 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 7,0947.1k $346.5k $346.5k 0.01% Added +8 +8
66 CROSSPOINT FINANCIAL, LLC 0.80% of their portfolio TUSTIN, CA 6,5486.5k $319.8k $319.8k 0.80% Unchanged
67 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 6,3006.3k $307.7k $307.7k 0.00% Reduced -137 -137
68 Selby Wealth Management, LLC 0.12% of their portfolio EMERYVILLE, CA 6,2006.2k $302.9k $302.9k 0.12% Unchanged
69 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 6,1666.2k $303.2k $303.2k 0.00% Reduced -3.4k -3,360
70 Clear Creek Financial Management, LLC 0.02% of their portfolio SILVERDALE, WA 6,1636.2k $301.0k $301.0k 0.02% New
71 Share Andrew L. 0.14% of their portfolio MANCHESTER, NH 5,9766.0k $291.9k $291.9k 0.14% Unchanged
72 IMG Wealth Management, Inc. 0.18% of their portfolio JACKSONVILLE, FL 5,8935.9k $287.9k $287.9k 0.18% Unchanged
73 VISTA INVESTMENT MANAGEMENT 0.09% of their portfolio PITTSBURGH, PA 5,4805.5k $267.7k $267.7k 0.09% Unchanged
74 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 5,1835.2k $253.2k $253.2k 0.00% Added +1.2k +1,194
75 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 5,1755.2k $252.8k $252.8k 0.00% Unchanged
76 My Personal CFO, LLC 0.11% of their portfolio VANCOUVER, WA 5,1405.1k $251.1k $251.1k 0.11% Unchanged
77 PFG Advisors 0.01% of their portfolio Phoenix, AZ 5,1215.1k $250.2k $250.2k 0.01% Reduced -51 -51
78 GTS FINANCIAL, LLC 0.17% of their portfolio BLOOMINGTON, MN 5,0565.1k $214.6k $214.6k 0.17% First filing
79 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 4,9575.0k $242.1k $242.1k 0.00% Reduced -366 -366
80 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 4,6174.6k $225.5k $225.5k 0.00% Unchanged
81 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 4,4644.5k $218.1k $218.1k 0.00% Reduced -346 -346
82 BAM Wealth Management, LLC 0.15% of their portfolio LAKEWOOD, CO 4,1074.1k $200.6k $200.6k 0.15% Unchanged
83 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2,6422.6k $129.1k $129.1k 0.00% Unchanged
84 Financial Network Wealth Advisors LLC 0.09% of their portfolio MURRAY, UT 1,8761.9k $91.6k $91.6k 0.09% Unchanged
85 EVOLUTION WEALTH MANAGEMENT INC. 0.04% of their portfolio FORT MYERS, FL 1,2351.2k $60.3k $60.3k 0.04% Unchanged
86 Annis Gardner Whiting Capital Advisors, LLC 0.00% of their portfolio TAMPA, FL 500500 $24.4k $24.4k 0.00% Unchanged
87 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 450450 $22.0k $22.0k 0.00% Added +150 +150
88 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 406406 $19.8k $19.8k 0.00% Unchanged
89 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 400400 $19.5k $19.5k 0.00% Unchanged
90 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 363363 $17.7k $17.7k 0.00% Unchanged
91 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 262262 $12.8k $12.8k 0.00% Reduced -58 -58
92 Integrity Financial Corp /WA 0.01% of their portfolio JACKSON, WY 223223 $10.9k $10.9k 0.01% Unchanged
93 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 153153 $7.5k $7.5k 0.00% Unchanged
94 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 134134 $7.0k $7.0k 0.00% Unchanged
95 IAG Wealth Partners, LLC 0.00% of their portfolio WAUKESHA, WI 132132 $6.4k $6.4k 0.00% New
96 GILPIN WEALTH MANAGEMENT, LLC 0.00% of their portfolio DENVER, CO 100100 $4.9k $4.9k 0.00% Unchanged
97 Keating Financial Advisory Services, Inc. 0.00% of their portfolio MANHATTAN, KS 6262 $3.0k $3.0k 0.00% Unchanged