Vault-13

INNOVATOR ETFS TRUST PAPR

US EQT PWR BUF · ETP · CUSIP 45782C870

214 institutional holders +14 vs Q1 2025
17,506,75017.5m shares reported held*
$652.8mreported value*
25 new 103 added 44 reduced 13 sold out net bought ≈ $103.2m (+2.8m 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 ≈ $37.29.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 107Q4 22: 114Q1 23: 122Q2 23: 162Q3 23: 157Q4 23: 159Q1 24: 163Q2 24: 214Q3 24: 203Q4 24: 218Q1 25: 200Q2 25: 214214Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022107
Q4 2022114
Q1 2023122
Q2 2023162
Q3 2023157
Q4 2023159
Q1 2024163
Q2 2024214
Q3 2024203
Q4 2024218
Q1 2025200
Q2 2025214

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 41 bought or addedQ3 23: 83 cut or sold outQ4 23: 26 bought or addedQ4 23: 81 cut or sold outQ4 23Q1 24: 62 bought or addedQ1 24: 80 cut or sold outQ2 24: 150 bought or addedQ2 24: 44 cut or sold outQ2 24Q3 24: 41 bought or addedQ3 24: 125 cut or sold outQ4 24: 38 bought or addedQ4 24: 123 cut or sold outQ4 24Q1 25: 58 bought or addedQ1 25: 118 cut or sold outQ2 25: 128 bought or addedQ2 25: 57 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20234183
Q4 20232681
Q1 20246280
Q2 202415044
Q3 202441125
Q4 202438123
Q1 202558118
Q2 202512857

Biggest buyers

Brookstone Capital Management Added +790,688+790.7k
OSAIC HOLDINGS, INC. Added +282,012+282.0k
Penserra Capital Management LLC Added +226,950+226.9k
HARBOUR INVESTMENTS, INC. Added +163,759+163.8k
BLAIR WILLIAM & CO/IL Added +159,063+159.1k
MAI Capital Management Added +153,931+153.9k
ENVESTNET ASSET MANAGEMENT INC Added +104,983+105.0k
RAYMOND JAMES FINANCIAL INC Added +67,796+67.8k
COMMONWEALTH EQUITY SERVICES, LLC Added +66,915+66.9k
CWM, LLC Added +53,950+54.0k

Biggest sellers

HBW ADVISORY SERVICES LLC Reduced -47,433-47.4k
AssuredPartners Investment Advisors, LLC Reduced -43,267-43.3k
John W. Brooker & Co., CPAs Sold out -36,950-37.0k
Castle Rock Wealth Management, LLC Reduced -34,732-34.7k
Strategic Blueprint, LLC Reduced -27,280-27.3k
Forvis Mazars Wealth Advisors, LLC Reduced -20,193-20.2k
Clearstead Advisors, LLC Reduced -20,143-20.1k
TOWNSQUARE CAPITAL LLC Sold out -19,443-19.4k
NorthCoast Asset Management LLC Reduced -17,919-17.9k
B. Riley Wealth Advisors, Inc. Sold out -17,261-17.3k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 2,319,2922.3m $86.5m $86.5m 0.03% Added +14.2k +14,223
2 Penserra Capital Management LLC 0.81% of their portfolio ORINDA, CA 1,551,8341.6m $57.9m $57.9m 0.81% Added +226.9k +226,950
3 Brookstone Capital Management 0.43% of their portfolio WHEATON, IL 887,824887.8k $33.1m $33.1m 0.43% Added +790.7k +790,688
4 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 829,207829.2k $30.9m $30.9m 0.06% Added +282.0k +282,012
5 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 724,892724.9k $27.0m $27.0m 0.04% Added +66.9k +66,915
6 Composition Wealth, LLC 0.34% of their portfolio LOS ANGELES, CA 548,755548.8k $20.5m $20.5m 0.34% Reduced -12.1k -12,104
7 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 403,459403.5k $15.0m $15.0m 0.01% Added +67.8k +67,796
8 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 352,119352.1k $13.1m $13.1m 0.00% Added +105.0k +104,983
9 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 285,379285.4k $10.6m $10.6m 0.03% Added +25.3k +25,292
10 NorthCoast Asset Management LLC 0.04% of their portfolio STAMFORD, CT 278,794278.8k $10.4m $10.4m 0.04% Reduced -17.9k -17,919
11 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 275,595275.6k $10.3m $10.3m 0.02% Added +42.9k +42,945
12 BLAIR WILLIAM & CO/IL 0.03% of their portfolio CHICAGO, IL 264,240264.2k $9.9m $9.9m 0.03% Added +159.1k +159,063
13 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 263,404263.4k $9.8m $9.8m 0.01% Added +20.8k +20,768
14 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 248,274248.3k $9.3m $9.3m 0.00% Added +16.4k +16,418
15 Bedel Financial Consulting, Inc. 1.21% of their portfolio INDIANAPOLIS, IN 237,717237.7k $8.9m $8.9m 1.21% Reduced -400 -400
16 CWM, LLC 0.03% of their portfolio OMAHA, NE 220,256220.3k $8.2m $8.2m 0.03% Added +54.0k +53,950
17 Tradition Wealth Management, LLC 0.65% of their portfolio EDINA, MN 217,110217.1k $8.1m $8.1m 0.65% Reduced -3.3k -3,345
18 AA Financial Advisors, LLC 1.74% of their portfolio Columbus, OH 216,124216.1k $8.1m $8.1m 1.74% Reduced -715 -715
19 Southland Equity Partners LLC 1.75% of their portfolio WILDWOOD, MO 213,823213.8k $8.0m $8.0m 1.75% Added +612 +612
20 Bellwether Advisors, LLC 1.34% of their portfolio LINCOLN, NE 210,492210.5k $7.8m $7.8m 1.34% Reduced -1.6k -1,557
21 Forvis Mazars Wealth Advisors, LLC 0.16% of their portfolio Springfield, MO 203,284203.3k $7.6m $7.6m 0.16% Reduced -20.2k -20,193
22 Orion Porfolio Solutions, LLC 0.06% of their portfolio OMAHA, NE 196,814196.8k $7.3m $7.3m 0.06% Added +9.0k +8,993
23 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 194,258194.3k $7.2m $7.2m 0.04% Added +1.8k +1,779
24 Motiv8 Investments LLC 4.43% of their portfolio PORT ST. LUCIE, FL 193,988194.0k $7.2m $7.2m 4.43% Reduced -771 -771
25 HARBOUR INVESTMENTS, INC. 0.17% of their portfolio MADISON, WI 184,668184.7k $6.9m $6.9m 0.17% Added +163.8k +163,759
26 Beacon Pointe Advisors, LLC 0.07% of their portfolio NEWPORT BEACH, CA 176,841176.8k $6.6m $6.6m 0.07% Added +21.5k +21,485
27 KFG WEALTH MANAGEMENT, LLC 1.05% of their portfolio GRANGER, IN 175,392175.4k $6.5m $6.5m 1.05% Added +22.3k +22,335
28 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 173,077173.1k $6.5m $6.5m 0.02% Added +40.6k +40,636
29 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 171,284171.3k $6.4m $6.4m 0.02% Added +11.8k +11,769
30 MAI Capital Management 0.04% of their portfolio INDEPENDENCE, OH 162,402162.4k $6.1m $6.1m 0.04% Added +153.9k +153,931
31 GILL CAPITAL PARTNERS, LLC 1.91% of their portfolio DENVER, CO 159,273159.3k $5.9m $5.9m 1.91% Added +3.0k +2,967
32 Foundations Investment Advisors, LLC 0.09% of their portfolio PHOENIX, AZ 156,512156.5k $5.8m $5.8m 0.09% Added +11.6k +11,619
33 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 145,259145.3k $5.4m $5.4m 0.01% Added +10.4k +10,353
34 Siligmueller & Norvid Wealth Advisors LLC 2.08% of their portfolio GLEN ELLYN, IL 142,606142.6k $5.3m $5.3m 2.08% Reduced -543 -543
35 Elmwood Wealth Management, Inc. 1.86% of their portfolio BERKELEY, CA 126,032126.0k $4.7m $4.7m 1.86% Added +28.5k +28,502
36 Pinnacle Wealth Management Group, Inc. 2.52% of their portfolio PLYMOUTH, MI 117,837117.8k $4.4m $4.4m 2.52% Reduced -715 -715
37 Belpointe Asset Management LLC 0.17% of their portfolio RENO, NV 111,337111.3k $4.2m $4.2m 0.17% Added +6.3k +6,300
38 Nikulski Financial, Inc. 1.12% of their portfolio BETTENDORF, IA 109,674109.7k $4.1m $4.1m 1.12% Added +124 +124
39 MTM FINANCIAL GROUP, LLC 2.08% of their portfolio BETHLEHEM, PA 102,558102.6k $3.8m $3.8m 2.08% Added +2.4k +2,423
40 CoreCap Advisors, LLC 0.15% of their portfolio SOUTHFIELD, MI 97,45297.5k $3.6m $3.6m 0.15% Added +2.3k +2,310
41 WPWealth LLP 0.61% of their portfolio FORT WORTH, TX 91,07191.1k $3.4m $3.4m 0.61% Added +16.8k +16,795
42 CRA Financial Services, LLC 0.45% of their portfolio NORTHFIELD, NJ 79,28979.3k $3.0m $3.0m 0.45% Added +10.2k +10,159
43 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 75,72275.7k $2.8m $2.8m 0.00% Added +10.4k +10,384
44 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 75,12675.1k $2.8m $2.8m 0.01% Added +11.6k +11,621
45 Diligent Investors, LLC 0.65% of their portfolio REDLANDS, CA 73,42473.4k $2.7m $2.7m 0.65% Reduced -2.8k -2,768
46 Advisory Alpha, LLC 0.08% of their portfolio HOLLAND, MI 69,57169.6k $2.6m $2.6m 0.08% Added +860 +860
47 Farther Finance Advisors, LLC 0.05% of their portfolio SAN FRANCISCO, CA 68,71068.7k $2.6m $2.6m 0.05% Added +430 +430
48 STEPHENS INC /AR/ 0.03% of their portfolio LITTLE ROCK, AR 67,69567.7k $2.5m $2.5m 0.03% Reduced -1.7k -1,690
49 CORRADO ADVISORS, LLC 1.52% of their portfolio RAMSEY, NJ 66,83466.8k $2.5m $2.5m 1.52% Added +9.9k +9,879
50 Triad Wealth Partners, LLC 0.50% of their portfolio LAWRENCE, KS 65,73165.7k $2.5m $2.5m 0.50% Added +38.1k +38,060
51 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 65,71065.7k $2.5m $2.5m 0.03% Added +37.5k +37,472
52 AdvisorNet Financial, Inc 0.16% of their portfolio MINNETONKA, MN 65,12465.1k $2.4m $2.4m 0.16% Added +4.0k +4,020
53 PRINCIPAL SECURITIES, INC. 0.04% of their portfolio DES MOINES, IA 63,23563.2k $2.4m $2.4m 0.04% Added +1.2k +1,154
54 RED CRANE WEALTH MANAGEMENT, LLC 2.03% of their portfolio SAN FRANCISCO, CA 59,73359.7k $2.2m $2.2m 2.03% Added +45.0k +45,010
55 BCS Wealth Management 0.47% of their portfolio JOHNSON CITY, TN 58,56058.6k $2.2m $2.2m 0.47% Added +14.5k +14,494
56 WorthPointe, LLC 0.84% of their portfolio La Jolla, CA 53,29753.3k $2.0m $2.0m 0.84% Added +8.8k +8,786
57 Encompass More Asset Management 0.45% of their portfolio Danville, CA 52,02552.0k $1.9m $1.9m 0.45% Added +8.6k +8,582
58 Talon Private Wealth, LLC 0.27% of their portfolio THE VILLAGES, FL 51,63551.6k $1.9m $1.9m 0.27% New
59 SFMG, LLC 0.14% of their portfolio PLANO, TX 49,69349.7k $1.9m $1.9m 0.14% Reduced -882 -882
60 Trek Financial, LLC 0.12% of their portfolio Scottsdale, AZ 49,10549.1k $1.8m $1.8m 0.12% Added +1.9k +1,948
61 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 48,15748.2k $1.8m $1.8m 0.01% Added +2.4k +2,374
62 CreativeOne Wealth, LLC 0.05% of their portfolio OVERLAND PARK, KS 47,91347.9k $1.8m $1.8m 0.05% Added +17.1k +17,053
63 FOUNDERS FINANCIAL SECURITIES LLC 0.13% of their portfolio TOWSON, MD 46,87746.9k $1.7m $1.7m 0.13% Added +11.1k +11,073
64 Chris Bulman Inc 0.95% of their portfolio ROSEVILLE, CA 44,47244.5k $1.7m $1.7m 0.95% Added +31.5k +31,472
65 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 42,05442.1k $1.6m $1.6m 0.00% Added +4.7k +4,736
66 CENTAURUS FINANCIAL, INC. 0.09% of their portfolio ANAHEIM, CA 41,68841.7k $1.6m $1.6m 0.09% Added +2.4k +2,433
67 BENJAMIN EDWARDS INC 0.02% of their portfolio Clayton, MO 40,03840.0k $1.5m $1.5m 0.02% Added +32.7k +32,683
68 Prairie Wealth Advisors, Inc. 0.62% of their portfolio OMAHA, NE 38,76638.8k $1.4m $1.4m 0.62% Reduced -84 -84
69 Vantage Point Financial LLC 0.63% of their portfolio LISLE, IL 38,63038.6k $1.4m $1.4m 0.63% Added +2.3k +2,294
70 Apollon Wealth Management, LLC 0.03% of their portfolio MOUNT PLEASANT, SC 38,56238.6k $1.4m $1.4m 0.03% Reduced -2.0k -2,000
71 Valmark Advisers, Inc. 0.02% of their portfolio AKRON, OH 38,42038.4k $1.4m $1.4m 0.02% Added +2.5k +2,531
72 Patriot Financial Group Insurance Agency, LLC 0.16% of their portfolio Westborough, MA 38,12738.1k $1.4m $1.4m 0.16% Added +1.9k +1,940
73 EVERMAY WEALTH MANAGEMENT LLC 0.17% of their portfolio ARLINGTON, VA 38,01538.0k $1.4m $1.4m 0.17% Added +120 +120
74 Weaver Capital Management LLC 0.34% of their portfolio SUWANEE, GA 37,26137.3k $1.4m $1.4m 0.34% Added +14.3k +14,288
75 Bullseye Investment Management, LLC 0.80% of their portfolio CINCINNATI, OH 37,03137.0k $1.3m $1.3m 0.80% Unchanged
76 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 36,88936.9k $1.4m $1.4m 0.03% Added +7.8k +7,770
77 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 36,61936.6k $1.4m $1.4m 0.00% Added +3.1k +3,128
78 DHJJ Financial Advisors, Ltd. 0.48% of their portfolio NAPERVILLE, IL 35,72835.7k $1.3m $1.3m 0.48% Added +467 +467
79 HBW ADVISORY SERVICES LLC 0.16% of their portfolio SIMI VALLEY, CA 34,67134.7k $1.3m $1.3m 0.16% Reduced -47.4k -47,433
80 Castle Rock Wealth Management, LLC 0.30% of their portfolio WALNUT CREEK, CA 34,57934.6k $1.3m $1.3m 0.30% Reduced -34.7k -34,732
81 Bison Wealth, LLC 0.10% of their portfolio ATLANTA, GA 34,53534.5k $1.3m $1.3m 0.10% Added +928 +928
82 MACROVIEW INVESTMENT MANAGEMENT LLC 1.03% of their portfolio BETHESDA, MD 33,71533.7k $1.3m $1.3m 1.03% New
83 IFP Advisors, Inc 0.04% of their portfolio TAMPA, FL 33,51233.5k $1.2m $1.2m 0.04% Added +11.9k +11,921
84 Arkadios Wealth Advisors 0.04% of their portfolio ATLANTA, GA 32,69632.7k $1.2m $1.2m 0.04% Added +16.6k +16,582
85 Spire Wealth Management 0.04% of their portfolio MCLEAN, VA 32,30732.3k $1.2m $1.2m 0.04% Added +360 +360
86 RFG Advisory, LLC 0.03% of their portfolio BIRMINGHAM, AL 32,13832.1k $1.2m $1.2m 0.03% Reduced -4.9k -4,912
87 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 31,48431.5k $1.2m $1.2m 0.02% Added +15.5k +15,466
88 Jacobi Capital Management LLC 0.08% of their portfolio PITTSTON, PA 31,24631.2k $1.2m $1.2m 0.08% Unchanged
89 OLD MISSION CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 30,20830.2k $1.1m $1.1m 0.03% New
90 Straight Path Wealth Management 0.37% of their portfolio Jenison, MI 28,98029.0k $1.1m $1.1m 0.37% Added +3.3k +3,309
91 World Investment Advisors 0.02% of their portfolio LINCROFT, NJ 28,95429.0k $1.1m $1.1m 0.02% Added +5.3k +5,320
92 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.17% of their portfolio BLUE BELL, PA 27,78927.8k $1.0m $1.0m 0.17% Added +2.1k +2,145
93 Phoenix Financial Ltd. 0.01% of their portfolio Givatayim, L3 27,76527.8k $1.0m $1.0m 0.01% New
94 FSA Advisors, Inc. 0.83% of their portfolio TROY, MI 27,26727.3k $1.0m $1.0m 0.83% Added +2.4k +2,377
95 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 27,14827.1k $1.0m $1.0m 0.01% Added +5.1k +5,117
96 Compound Planning, Inc. 0.04% of their portfolio NEW YORK, NY 27,07427.1k $1.0m $1.0m 0.04% Reduced -264 -264
97 Helium Advisors LLC 0.60% of their portfolio VANCOUVER, WA 25,56825.6k $953.4k $953.4k 0.60% Added +1.4k +1,416
98 Continuum Advisory, LLC 0.11% of their portfolio EAGLE, ID 25,20825.2k $940.0k $940.0k 0.11% Added +3.7k +3,696
99 Lineweaver Wealth Advisors, LLC 0.14% of their portfolio VALLEY VIEW, OH 23,92023.9k $892.0k $892.0k 0.14% Added +1 +1
100 WEALTH ALLIANCE, LLC 0.10% of their portfolio MELLVILLE, NY 23,82323.8k $888.4k $888.4k 0.10% Added +4.5k +4,514