Vault-13

INNOVATOR ETFS TRUST KAUG

US SMALL CAP PWR · ETP · CUSIP 45783Y137

40 institutional holders -4 vs Q1 2026
1,723,2781.7m shares reported held*
$49.4mreported value*
3 new 7 added 18 reduced 7 sold out net sold ≈ $23.4m (-818.5k 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 ≈ $28.66.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 24: 28Q4 24: 40Q1 25: 37Q2 25: 34Q3 25: 39Q4 25: 43Q1 26: 44Q2 26: 4040Q3 24Q1 25Q3 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 202428
Q4 202440
Q1 202537
Q2 202534
Q3 202539
Q4 202543
Q1 202644
Q2 202640

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 24: 19 bought or addedQ4 24: 13 cut or sold outQ4 24Q1 25: 14 bought or addedQ1 25: 20 cut or sold outQ2 25: 13 bought or addedQ2 25: 16 cut or sold outQ2 25Q3 25: 25 bought or addedQ3 25: 9 cut or sold outQ4 25: 13 bought or addedQ4 25: 14 cut or sold outQ4 25Q1 26: 9 bought or addedQ1 26: 21 cut or sold outQ2 26: 10 bought or addedQ2 26: 25 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 20241913
Q1 20251420
Q2 20251316
Q3 2025259
Q4 20251314
Q1 2026921
Q2 20261025

Biggest buyers

Sherry Group, Inc. Added +21,050+21.1k
OSAIC HOLDINGS, INC. Added +15,472+15.5k
LPL Financial LLC New +14,672+14.7k
Cambridge Investment Research Advisors, Inc. Added +14,637+14.6k
First Heartland Consultants, Inc. Added +7,645+7.6k
Elmwood Wealth Management, Inc. New +7,300+7.3k
IFP Advisors, Inc Added +1,199+1.2k
Keating Financial Advisory Services, Inc. Added +630+630
Integrated Wealth Concepts LLC New +372+372
JPMORGAN CHASE & CO Added +351+351

Biggest sellers

Gradient Investments LLC Sold out -490,718-490.7k
Berkshire Money Management, Inc. Reduced -215,422-215.4k
Cornerstone Wealth, LLC/TN Sold out -71,900-71.9k
OLD MISSION CAPITAL LLC Reduced -25,567-25.6k
Kestra Advisory Services, LLC Reduced -15,181-15.2k
SageView Advisory Group, LLC Reduced -9,863-9.9k
Creative Planning Reduced -9,863-9.9k
HighTower Advisors, LLC Reduced -8,747-8.7k
First Commonwealth Financial Corp /PA/ Sold out -7,792-7.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -7,344-7.3k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Berkshire Money Management, Inc. 0.71% of their portfolio DALTON, MA 269,755269.8k $7.7m $7.7m 0.71% Reduced -215.4k -215,422
2 First Heartland Consultants, Inc. 0.39% of their portfolio LAKE ST. LOUIS, MO 208,493208.5k $6.0m $6.0m 0.39% Added +7.6k +7,645
3 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 207,007207.0k $5.9m $5.9m 0.00% Reduced -9.9k -9,863
4 SageView Advisory Group, LLC 0.19% of their portfolio Newport Beach, CA 207,007207.0k $5.9m $5.9m 0.19% Reduced -9.9k -9,863
5 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 130,848130.8k $3.7m $3.7m 0.01% Reduced -7.2k -7,150
6 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 118,093118.1k $3.4m $3.4m 0.00% Reduced -4.1k -4,132
7 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 84,32984.3k $2.4m $2.4m 0.00% Reduced -8.7k -8,747
8 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 81,30681.3k $2.3m $2.3m 0.00% Added +15.5k +15,472
9 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 38,52138.5k $1.1m $1.1m 0.00% Reduced -15.2k -15,181
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 33,99034.0k $972.6k $972.6k 0.00% Added +351 +351
11 Sherry Group, Inc. 0.96% of their portfolio MOUNTAIN HOME, AR 32,35532.4k $980.0k $980.0k 0.96% Added +21.1k +21,050
12 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 29,97030.0k $858.0k $858.0k 0.00% Added +14.6k +14,637
13 Miller Financial Services LLC 0.53% of their portfolio MARSHALL, MI 22,92522.9k $656.2k $656.2k 0.53% Reduced -4.8k -4,760
14 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 19,57819.6k $560.4k $560.4k 0.01% Reduced -129 -129
15 PFS Partners, LLC 0.22% of their portfolio MINE HILL, NJ 18,55318.6k $531.1k $531.1k 0.22% Reduced -1.0k -1,006
16 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 17,73917.7k $507.8k $507.8k 0.00% Unchanged
17 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 17,01517.0k $487.1k $487.1k 0.00% Reduced -3.6k -3,573
18 WEALTH ALLIANCE, LLC 0.04% of their portfolio MELLVILLE, NY 15,22115.2k $435.7k $435.7k 0.04% Unchanged
19 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 14,92014.9k $427.1k $427.1k 0.00% Reduced -582 -582
20 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 14,67214.7k $420.0k $420.0k 0.00% New
21 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 14,19914.2k $406.4k $406.4k 0.01% Reduced -25.6k -25,567
22 Faithward Advisors, LLC 0.05% of their portfolio LANCASTER, PA 13,56913.6k $388.4k $388.4k 0.05% Reduced -493 -493
23 WealthShield Partners, LLC 0.06% of their portfolio CARY, NC 13,40013.4k $383.6k $383.6k 0.06% Unchanged
24 Keating Financial Advisory Services, Inc. 0.05% of their portfolio MANHATTAN, KS 12,61312.6k $361.0k $361.0k 0.05% Added +630 +630
25 TopTier Wealth Management, LLC 0.22% of their portfolio MUSKEGO, WI 12,50012.5k $357.8k $357.8k 0.22% Reduced -5.0k -4,957
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 11,99812.0k $343.4k $343.4k 0.00% Reduced -7.3k -7,344
27 Outlook Wealth Advisors, LLC 0.06% of their portfolio SHENANDOAH, TX 9,4679.5k $271.0k $271.0k 0.06% Unchanged
28 FIDUCIARY FINANCIAL GROUP, LLC 0.03% of their portfolio SAN RAFAEL, CA 9,0779.1k $259.8k $259.8k 0.03% Unchanged
29 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 8,8008.8k $251.9k $251.9k 0.00% Unchanged
30 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 8,7098.7k $249.3k $249.3k 0.00% Reduced -727 -727
31 Elmwood Wealth Management, Inc. 0.05% of their portfolio BERKELEY, CA 7,3007.3k $209.0k $209.0k 0.05% New
32 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 6,8576.9k $196.3k $196.3k 0.00% Added +1.2k +1,199
33 DHJJ Financial Advisors, Ltd. 0.03% of their portfolio NAPERVILLE, IL 4,2174.2k $120.7k $120.7k 0.03% Reduced -440 -440
34 Capital Investment Advisory Services, LLC 0.01% of their portfolio RALEIGH, NC 3,1123.1k $89.1k $89.1k 0.01% Unchanged
35 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,3072.3k $66.0k $66.0k 0.00% Unchanged
36 Noble Wealth Management PBC 0.01% of their portfolio GREENWOOD VILLAGE, CO 1,0001.0k $28.6k $28.6k 0.01% Unchanged
37 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 803803 $23.0k $23.0k 0.00% Unchanged
38 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 481481 $13.8k $13.8k 0.00% Unchanged
39 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 372372 $10.7k $10.7k 0.00% New
40 EVOLUTION WEALTH MANAGEMENT INC. 0.00% of their portfolio FORT MYERS, FL 200200 $5.7k $5.7k 0.00% Unchanged