Vault-13

INNOVATOR ETFS TRUST LOUP

INNOVATOR DEEPW · ETP · CUSIP 45782C862

50 institutional holders +10 vs Q3 2025
1,279,5871.3m shares reported held*
$97.8mreported value*
11 new 12 added 7 reduced 4 sold out net bought ≈ $17.2m (+225.0k 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 ≈ $76.40.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 29Q4 22: 26Q1 23: 25Q2 23: 28Q3 23: 28Q4 23: 29Q1 24: 27Q2 24: 28Q3 24: 25Q4 24: 29Q1 25: 29Q2 25: 39Q3 25: 40Q4 25: 5050Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202229
Q4 202226
Q1 202325
Q2 202328
Q3 202328
Q4 202329
Q1 202427
Q2 202428
Q3 202425
Q4 202429
Q1 202529
Q2 202539
Q3 202540
Q4 202550

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 24: 11 bought or addedQ1 24: 12 cut or sold outQ2 24: 10 bought or addedQ2 24: 9 cut or sold outQ2 24Q3 24: 8 bought or addedQ3 24: 11 cut or sold outQ4 24: 12 bought or addedQ4 24: 9 cut or sold outQ4 24Q1 25: 13 bought or addedQ1 25: 9 cut or sold outQ2 25: 16 bought or addedQ2 25: 8 cut or sold outQ2 25Q3 25: 18 bought or addedQ3 25: 12 cut or sold outQ4 25: 23 bought or addedQ4 25: 11 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20241112
Q2 2024109
Q3 2024811
Q4 2024129
Q1 2025139
Q2 2025168
Q3 20251812
Q4 20252311

Biggest buyers

Focus Partners Wealth New +56,022+56.0k
ROYAL BANK OF CANADA Added +43,472+43.5k
LPL Financial LLC Added +42,923+42.9k
Gradient Investments LLC Added +33,492+33.5k
OLD MISSION CAPITAL LLC New +25,647+25.6k
HighTower Advisors, LLC Added +22,672+22.7k
CITADEL ADVISORS LLC Added +17,168+17.2k
OSAIC HOLDINGS, INC. Added +6,919+6.9k
Mattson Financial Services, LLC Added +4,098+4.1k
Sigma Planning Corp New +3,717+3.7k

Biggest sellers

FLOW TRADERS U.S. LLC Sold out -23,166-23.2k
Tradition Wealth Management, LLC Reduced -12,455-12.5k
JANE STREET GROUP, LLC Sold out -9,278-9.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -2,413-2.4k
EPIQ PARTNERS, LLC Reduced -726-726
MORGAN STANLEY Reduced -359-359
HARBOUR INVESTMENTS, INC. Reduced -100-100
Mariner, LLC Reduced -38-38
SIMPLEX TRADING, LLC Sold out -33-33
Allworth Financial LP Sold out -13-13

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Gradient Investments LLC 0.34% of their portfolio ARDEN HILLS, MN 279,217279.2k $21.3m $21.3m 0.34% Added +33.5k +33,492
2 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 231,075231.1k $17.7m $17.7m 0.00% Added +43.5k +43,472
3 Tradition Wealth Management, LLC 1.01% of their portfolio EDINA, MN 183,431183.4k $14.0m $14.0m 1.01% Reduced -12.5k -12,455
4 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 130,583130.6k $10.0m $10.0m 0.00% Added +42.9k +42,923
5 Elmwood Wealth Management, Inc. 2.21% of their portfolio BERKELEY, CA 91,58191.6k $7.0m $7.0m 2.21% Added +1.1k +1,134
6 EPIQ PARTNERS, LLC 2.82% of their portfolio MINNEAPOLIS, MN 79,18979.2k $6.1m $6.1m 2.82% Reduced -726 -726
7 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 56,02256.0k $4.3m $4.3m 0.00% New
8 Mattson Financial Services, LLC 0.80% of their portfolio KENTWOOD, MI 44,62144.6k $3.4m $3.4m 0.80% Added +4.1k +4,098
9 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 33,12433.1k $2.5m $2.5m 0.00% Added +22.7k +22,672
10 OLD MISSION CAPITAL LLC 0.08% of their portfolio CHICAGO, IL 25,64725.6k $2.0m $2.0m 0.08% New
11 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 22,05322.1k $1.7m $1.7m 0.00% Added +17.2k +17,168
12 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 14,00014.0k $1.1m $1.1m 0.00% Added +6.9k +6,919
13 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 13,88613.9k $1.1m $1.1m 0.00% Unchanged
14 46 Peaks LLC 0.68% of their portfolio NEWTOWN, PA 12,20112.2k $932.3k $932.3k 0.68% First filing
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 8,2068.2k $627.0k $627.0k 0.00% Reduced -2.4k -2,413
16 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 5,0195.0k $383.5k $383.5k 0.00% Added +1.3k +1,333
17 Safe Harbor Wealth Advisors, LLC 0.34% of their portfolio DUBLIN, OH 4,7174.7k $348.4k $348.4k 0.34% First filing
18 Mariner, LLC 0.00% of their portfolio Overland Park, KS 4,6044.6k $351.8k $351.8k 0.00% Reduced -38 -38
19 Dorsey & Whitney Trust CO LLC 0.02% of their portfolio SIOUX FALLS, SD 4,0004.0k $305.6k $305.6k 0.02% Unchanged
20 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 3,7173.7k $284.0k $284.0k 0.01% New
21 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 3,7053.7k $283.1k $283.1k 0.01% New
22 Paladin Wealth, LLC 0.19% of their portfolio ARDEN HILLS, MN 3,5833.6k $273.8k $273.8k 0.19% New
23 FAS Wealth Partners, Inc. 0.02% of their portfolio LEAWOOD, KS 3,3413.3k $255.3k $255.3k 0.02% Unchanged
24 Brown Financial Advisors 0.09% of their portfolio MILFORD, OH 3,1823.2k $243.1k $243.1k 0.09% Added +204 +204
25 COMERICA BANK 0.00% of their portfolio DALLAS, TX 3,0003.0k $229.2k $229.2k 0.00% Unchanged
26 Triumph Capital Management 0.05% of their portfolio DENVER, CO 2,8962.9k $221.3k $221.3k 0.05% New
27 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 2,6542.7k $202.8k $202.8k 0.00% New
28 Capital Investment Advisory Services, LLC 0.01% of their portfolio RALEIGH, NC 1,6881.7k $129.0k $129.0k 0.01% Reduced -1 -1
29 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1,5011.5k $114.7k $114.7k 0.00% Added +580 +580
30 Marshall & Sterling Wealth Advisors Inc. 0.06% of their portfolio POUGHKEEPSIE, NY 1,1091.1k $84.7k $84.7k 0.06% Unchanged
31 Ulland Investment Advisors, LLC 0.06% of their portfolio MINNEAPOLIS, MN 1,0001.0k $76.0k $76.0k 0.06% Unchanged
32 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 900900 $68.8k $68.8k 0.00% Unchanged
33 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 700700 $53.5k $53.5k 0.00% New
34 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 584584 $44.6k $44.6k 0.00% Added +414 +414
35 Asset Dedication, LLC 0.00% of their portfolio SAN FRANCISCO, CA 436436 $33.3k $33.3k 0.00% Unchanged
36 CWM, LLC 0.00% of their portfolio OMAHA, NE 410410 $31.0k $31.0k 0.00% Unchanged
37 Aventus Investment Advisors, Inc. 0.02% of their portfolio NAPLES, FL 381381 $29.1k $29.1k 0.02% Unchanged
38 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 379379 $29.0k $29.0k 0.00% Reduced -359 -359
39 EVOLUTION WEALTH MANAGEMENT INC. 0.02% of their portfolio FORT MYERS, FL 315315 $24.1k $24.1k 0.02% Unchanged
40 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 225225 $17.2k $17.2k 0.00% Unchanged
41 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 144144 $11.0k $11.0k 0.00% New
42 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 131131 $10.0k $10.0k 0.00% Unchanged
43 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 100100 $7.6k $7.6k 0.00% Unchanged
44 Ritter Daniher Financial Advisory LLC / DE 0.00% of their portfolio CINCINNATI, OH 9595 $7.3k $7.3k 0.00% New
45 Strategic Investment Solutions, Inc. /IL 0.00% of their portfolio ORLAND PARK, IL 8080 $6.1k $6.1k 0.00% Unchanged
46 MCGUIRE CAPITAL ADVISORS INC 0.00% of their portfolio BETHANY, OK 6464 $4.9k $4.9k 0.00% First filing
47 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 5050 $3.8k $3.8k 0.00% Unchanged
48 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2626 $2.0k $2.0k 0.00% Reduced -100 -100
49 DHJJ Financial Advisors, Ltd. 0.00% of their portfolio NAPERVILLE, IL 1010 $765 $765 0.00% Unchanged
50 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 55 $382 $382 0.00% New