Vault-13

INNOVATOR ETFS TRUST BAPR

US EQT BUFR APR · ETP · CUSIP 45782C888

104 institutional holders +12 vs Q1 2025
7,593,3787.6m shares reported held*
$343.1mreported value*
15 new 37 added 25 reduced 4 sold out net bought ≈ $192.0m (+4.3m 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 ≈ $45.18.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 59Q4 22: 61Q1 23: 66Q2 23: 85Q3 23: 83Q4 23: 81Q1 24: 87Q2 24: 105Q3 24: 101Q4 24: 104Q1 25: 92Q2 25: 104104Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202259
Q4 202261
Q1 202366
Q2 202385
Q3 202383
Q4 202381
Q1 202487
Q2 2024105
Q3 2024101
Q4 2024104
Q1 202592
Q2 2025104

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 20 bought or addedQ3 23: 41 cut or sold outQ4 23: 17 bought or addedQ4 23: 38 cut or sold outQ4 23Q1 24: 26 bought or addedQ1 24: 37 cut or sold outQ2 24: 66 bought or addedQ2 24: 22 cut or sold outQ2 24Q3 24: 23 bought or addedQ3 24: 55 cut or sold outQ4 24: 17 bought or addedQ4 24: 49 cut or sold outQ4 24Q1 25: 23 bought or addedQ1 25: 60 cut or sold outQ2 25: 52 bought or addedQ2 25: 29 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232041
Q4 20231738
Q1 20242637
Q2 20246622
Q3 20242355
Q4 20241749
Q1 20252360
Q2 20255229

Biggest buyers

Stuart Chaussee & Associates, Inc. New +2,218,802+2.2m
Gradient Investments LLC New +1,035,285+1.0m
Brookstone Capital Management Added +536,722+536.7k
Cerity Partners LLC Added +187,979+188.0k
Sunbelt Securities, Inc. Added +46,565+46.6k
RAYMOND JAMES FINANCIAL INC Added +42,948+42.9k
COMMONWEALTH EQUITY SERVICES, LLC Added +42,798+42.8k
ENVESTNET ASSET MANAGEMENT INC Added +37,310+37.3k
SIGNATUREFD, LLC New +28,341+28.3k
OSAIC HOLDINGS, INC. Added +25,906+25.9k

Biggest sellers

Outlook Wealth Advisors, LLC Reduced -70,984-71.0k
GWN SECURITIES INC. Reduced -48,508-48.5k
Penserra Capital Management LLC Reduced -22,224-22.2k
TOWNSQUARE CAPITAL LLC Sold out -5,875-5.9k
FMR LLC Reduced -5,001-5.0k
M Holdings Securities, Inc. Reduced -3,080-3.1k
Beacon Financial Advisory LLC Reduced -2,650-2.6k
Sigma Planning Corp Reduced -2,570-2.6k
Runnymede Capital Advisors, Inc. Sold out -2,500-2.5k
Siligmueller & Norvid Wealth Advisors LLC Reduced -2,000-2.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Stuart Chaussee & Associates, Inc. 22.59% of their portfolio BEVERLY HILLS, CA 2,218,8022.2m $100.3m $100.3m 22.59% New
2 Gradient Investments LLC 0.86% of their portfolio ARDEN HILLS, MN 1,035,2851.0m $46.8m $46.8m 0.86% New
3 Brookstone Capital Management 0.33% of their portfolio WHEATON, IL 553,510553.5k $25.0m $25.0m 0.33% Added +536.7k +536,722
4 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 482,018482.0k $21.8m $21.8m 0.03% Added +42.8k +42,798
5 Penserra Capital Management LLC 0.24% of their portfolio ORINDA, CA 380,937380.9k $17.2m $17.2m 0.24% Reduced -22.2k -22,224
6 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 378,934378.9k $17.1m $17.1m 0.03% Added +188.0k +187,979
7 INTEGRAL INVESTMENT ADVISORS, INC. 3.49% of their portfolio TURLOCK, CA 270,738270.7k $12.2m $12.2m 3.49% Added +8.4k +8,394
8 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 180,133180.1k $8.1m $8.1m 0.00% Added +42.9k +42,948
9 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 179,339179.3k $8.1m $8.1m 0.01% Added +3.6k +3,610
10 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 158,034158.0k $7.1m $7.1m 0.01% Added +25.9k +25,906
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 155,282155.3k $7.0m $7.0m 0.00% Added +15.5k +15,495
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 100,317100.3k $4.5m $4.5m 0.00% Added +37.3k +37,310
13 My Personal CFO, LLC 1.89% of their portfolio VANCOUVER, WA 91,87091.9k $4.2m $4.2m 1.89% Added +11.0k +11,000
14 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 74,88574.9k $3.4m $3.4m 0.01% Added +5.4k +5,390
15 First Commonwealth Financial Corp /PA/ 0.56% of their portfolio Indiana, PA 57,11257.1k $2.6m $2.6m 0.56% Reduced -248 -248
16 Motiv8 Investments LLC 1.56% of their portfolio PORT ST. LUCIE, FL 56,24756.2k $2.5m $2.5m 1.56% Added +2.6k +2,561
17 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 52,84852.8k $2.4m $2.4m 0.01% Reduced -622 -622
18 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.40% of their portfolio BLUE BELL, PA 52,71952.7k $2.4m $2.4m 0.40% Added +8.9k +8,879
19 Belpointe Asset Management LLC 0.10% of their portfolio RENO, NV 51,23151.2k $2.3m $2.3m 0.10% Added +2.0k +2,004
20 Sunbelt Securities, Inc. 0.19% of their portfolio HOUSTON, TX 48,64548.6k $2.2m $2.2m 0.19% Added +46.6k +46,565
21 Outlook Wealth Advisors, LLC 0.54% of their portfolio SHENANDOAH, TX 46,88246.9k $2.1m $2.1m 0.54% Reduced -71.0k -70,984
22 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 42,04842.0k $1.9m $1.9m 0.01% Added +2.5k +2,545
23 Maltin Wealth Management, Inc. 0.85% of their portfolio RIDGEWOOD, NJ 41,97842.0k $1.9m $1.9m 0.85% Unchanged
24 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 39,54639.5k $1.8m $1.8m 0.01% Added +15.9k +15,941
25 Snowden Capital Advisors LLC 0.05% of their portfolio New York, NY 35,07935.1k $1.6m $1.6m 0.05% Unchanged
26 Southland Equity Partners LLC 0.34% of their portfolio WILDWOOD, MO 34,70734.7k $1.6m $1.6m 0.34% Reduced -111 -111
27 Strategic Blueprint, LLC 0.07% of their portfolio ATLANTA, GA 30,02730.0k $1.4m $1.4m 0.07% Reduced -930 -930
28 Spire Wealth Management 0.05% of their portfolio MCLEAN, VA 29,90429.9k $1.4m $1.4m 0.05% Added +1.5k +1,504
29 Bison Wealth, LLC 0.10% of their portfolio ATLANTA, GA 28,83428.8k $1.3m $1.3m 0.10% Added +776 +776
30 SIGNATUREFD, LLC 0.02% of their portfolio ATLANTA, GA 28,34128.3k $1.3m $1.3m 0.02% New
31 Clear Point Advisors Inc. 0.93% of their portfolio MELVILLE, NY 24,50324.5k $1.1m $1.1m 0.93% Reduced -457 -457
32 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 23,86323.9k $1.1m $1.1m 0.03% Reduced -2.6k -2,570
33 Valtinson Bruner Financial Planning LLC 0.33% of their portfolio NEW BRIGHTON, MN 23,38723.4k $1.1m $1.1m 0.33% Reduced -1.1k -1,091
34 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 23,04623.0k $1.0m $1.0m 0.00% Reduced -1.5k -1,526
35 GWN SECURITIES INC. 0.19% of their portfolio Palm Beach Gardens, FL 22,84922.8k $1.0m $1.0m 0.19% Reduced -48.5k -48,508
36 DHJJ Financial Advisors, Ltd. 0.36% of their portfolio NAPERVILLE, IL 22,24022.2k $1.0m $1.0m 0.36% Added +1.8k +1,805
37 Arkadios Wealth Advisors 0.03% of their portfolio ATLANTA, GA 21,59521.6k $975.8k $975.8k 0.03% New
38 Berkshire Money Management, Inc. 0.10% of their portfolio DALTON, MA 21,37421.4k $965.8k $965.8k 0.10% Unchanged
39 CHAPMAN FINANCIAL GROUP, LLC 0.76% of their portfolio KAILUA, HI 19,70019.7k $890.2k $890.2k 0.76% First filing
40 Lantz Financial LLC 0.21% of their portfolio NAPERVILLE, IL 18,53918.5k $837.7k $837.7k 0.21% Added +9.0k +9,008
41 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 17,88817.9k $808.3k $808.3k 0.01% Added +2.8k +2,784
42 FSA Advisors, Inc. 0.63% of their portfolio TROY, MI 17,03617.0k $769.8k $769.8k 0.63% Added +2.4k +2,434
43 M Holdings Securities, Inc. 0.12% of their portfolio PORTLAND, OR 15,74015.7k $711.0k $711.0k 0.12% Reduced -3.1k -3,080
44 XML Financial, LLC 0.06% of their portfolio BETHESDA, MD 15,64315.6k $706.9k $706.9k 0.06% Reduced -32 -32
45 Fragasso Financial Advisors Inc 0.05% of their portfolio SEWICKLEY, PA 15,41615.4k $696.6k $696.6k 0.05% Added +5.5k +5,481
46 Signal Advisors Wealth, LLC 0.05% of their portfolio DETROIT, MI 15,29015.3k $690.9k $690.9k 0.05% New
47 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 13,55813.6k $612.7k $612.7k 0.02% Added +164 +164
48 Chris Bulman Inc 0.34% of their portfolio ROSEVILLE, CA 13,15613.2k $594.5k $594.5k 0.34% Added +7.5k +7,464
49 WPWealth LLP 0.10% of their portfolio FORT WORTH, TX 12,86112.9k $581.2k $581.2k 0.10% Unchanged
50 Keystone Wealth Services, LLC 0.14% of their portfolio PALM DESERT, CA 12,70412.7k $574.1k $574.1k 0.14% Reduced -512 -512
51 Brown Financial Advisors 0.21% of their portfolio MILFORD, OH 11,88611.9k $537.1k $537.1k 0.21% New
52 City Center Advisors, LLC 0.56% of their portfolio TROY, MI 11,59711.6k $524.0k $524.0k 0.56% Reduced -571 -571
53 Arax Advisory Partners 0.02% of their portfolio NEW YORK, NY 11,24711.2k $508.2k $508.2k 0.02% Reduced -1.3k -1,274
54 Tradition Wealth Management, LLC 0.04% of their portfolio EDINA, MN 10,50410.5k $474.7k $474.7k 0.04% Added +706 +706
55 Mattson Financial Services, LLC 0.12% of their portfolio KENTWOOD, MI 10,01210.0k $452.4k $452.4k 0.12% New
56 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 9,9419.9k $449.2k $449.2k 0.01% Unchanged
57 Paladin Wealth, LLC 0.34% of their portfolio ARDEN HILLS, MN 9,7759.8k $441.7k $441.7k 0.34% New
58 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 9,7089.7k $444.1k $444.1k 0.01% Unchanged
59 WealthPLAN Partners, LLC 0.07% of their portfolio OMAHA, NE 9,4589.5k $427.4k $427.4k 0.07% Unchanged
60 Secure Asset Management, LLC 0.08% of their portfolio Troy, MI 9,0229.0k $407.7k $407.7k 0.08% Reduced -83 -83
61 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 8,8888.9k $401.6k $401.6k 0.00% New
62 Stratos Wealth Advisors, LLC 0.02% of their portfolio BEACHWOOD, OH 8,7448.7k $395.1k $395.1k 0.02% Unchanged
63 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 8,7248.7k $394.2k $394.2k 0.01% Added +276 +276
64 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 8,6008.6k $388.6k $388.6k 0.00% Unchanged
65 Annis Gardner Whiting Capital Advisors, LLC 0.12% of their portfolio TAMPA, FL 7,7007.7k $347.9k $347.9k 0.12% New
66 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.02% of their portfolio CEDAR RAPIDS, IA 7,4707.5k $337.6k $337.6k 0.02% Added +1.4k +1,370
67 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 7,3877.4k $333.8k $333.8k 0.01% Reduced -25 -25
68 Castellan Group 0.06% of their portfolio LOUISVILLE, KY 7,1607.2k $323.5k $323.5k 0.06% Unchanged
69 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 7,1457.1k $322.9k $322.9k 0.00% Added +326 +326
70 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 6,8086.8k $307.6k $307.6k 0.01% Reduced -3 -3
71 Trek Financial, LLC 0.02% of their portfolio Scottsdale, AZ 6,8036.8k $307.4k $307.4k 0.02% Added +406 +406
72 BECK CAPITAL MANAGEMENT, LLC 0.08% of their portfolio AUSTIN, TX 6,7236.7k $303.8k $303.8k 0.08% Reduced -11 -11
73 Lion Street Advisors, LLC 0.09% of their portfolio Austin, TX 6,5146.5k $294.4k $294.4k 0.09% New
74 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,4246.4k $290.3k $290.3k 0.00% New
75 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 6,1706.2k $278.8k $278.8k 0.01% Reduced -210 -210
76 Souders Financial Advisors 0.03% of their portfolio CINCINNATI, OH 5,8575.9k $264.7k $264.7k 0.03% Unchanged
77 Diligent Investors, LLC 0.06% of their portfolio REDLANDS, CA 5,7335.7k $259.1k $259.1k 0.06% Unchanged
78 Siligmueller & Norvid Wealth Advisors LLC 0.10% of their portfolio GLEN ELLYN, IL 5,6005.6k $254.4k $254.4k 0.10% Reduced -2.0k -2,000
79 Bellwether Advisors, LLC 0.04% of their portfolio LINCOLN, NE 5,3525.4k $241.8k $241.8k 0.04% Unchanged
80 Beacon Financial Advisory LLC 0.06% of their portfolio CLEVELAND, OH 4,9054.9k $221.6k $221.6k 0.06% Reduced -2.6k -2,650
81 CORRADO ADVISORS, LLC 0.13% of their portfolio RAMSEY, NJ 4,6534.7k $210.3k $210.3k 0.13% New
82 KFG WEALTH MANAGEMENT, LLC 0.03% of their portfolio GRANGER, IN 4,5144.5k $204.0k $204.0k 0.03% Reduced -340 -340
83 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,4544.5k $201.3k $201.3k 0.00% Added +3.5k +3,454
84 CENTAURUS FINANCIAL, INC. 0.01% of their portfolio ANAHEIM, CA 4,4394.4k $201.0k $201.0k 0.01% Added +572 +572
85 Integrity Financial Corp /WA 0.09% of their portfolio JACKSON, WY 3,9223.9k $177.2k $177.2k 0.09% Unchanged
86 IMG Wealth Management, Inc. 0.13% of their portfolio JACKSONVILLE, FL 3,6043.6k $162.9k $162.9k 0.13% Added +531 +531
87 Capital Investment Advisory Services, LLC 0.01% of their portfolio RALEIGH, NC 2,7622.8k $124.8k $124.8k 0.01% Unchanged
88 Orion Capital Management LLC 0.05% of their portfolio CORONADO, CA 2,6702.7k $120.7k $120.7k 0.05% Unchanged
89 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,5402.5k $114.8k $114.8k 0.00% Unchanged
90 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,1022.1k $95.0k $95.0k 0.00% Added +2.1k +2,101
91 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,9441.9k $87.8k $87.8k 0.00% Added +1.1k +1,055
92 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,7631.8k $79.7k $79.7k 0.00% Unchanged
93 Nalls Sherbakoff Group, LLC 0.05% of their portfolio KNOXVILLE, TN 1,5751.6k $71.2k $71.2k 0.05% New
94 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,3561.4k $61.3k $61.3k 0.00% Unchanged
95 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 1,2501.2k $56.5k $56.5k 0.00% Unchanged
96 Financial Network Wealth Advisors LLC 0.03% of their portfolio MURRAY, UT 499499 $22.5k $22.5k 0.03% Unchanged
97 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 170170 $7.7k $7.7k 0.00% New
98 CWM, LLC 0.00% of their portfolio OMAHA, NE 167167 $8.0k $8.0k 0.00% Unchanged
99 WealthShield Partners, LLC 0.00% of their portfolio CARY, NC 150150 $6.8k $6.8k 0.00% Unchanged
100 Wood Tarver Financial Group, LLC 0.00% of their portfolio BOISE, ID 118118 $5.0k $5.0k 0.00% Added +33 +33