Vault-13

INNOVATOR ETFS TRUST JAJL

EQUITY DEFINED P · ETP · CUSIP 45783Y244

91 institutional holders +12 vs Q3 2025
4,917,9714.9m shares reported held*
$142.9mreported value*
15 new 27 added 28 reduced 8 sold out net sold ≈ $5.9m (-202.6k 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 ($213.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.06.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100Q2 24: 1Q3 24: 44Q4 24: 55Q1 25: 78Q2 25: 82Q3 25: 79Q4 25: 9191Q2 24Q4 24Q2 25Q4 25
Numbers
QuarterHolders
Q2 20241
Q3 202444
Q4 202455
Q1 202578
Q2 202582
Q3 202579
Q4 202591

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 41 bought or addedQ3 24: 1 cut or sold outQ3 24Q4 24: 27 bought or addedQ4 24: 23 cut or sold outQ4 24Q1 25: 55 bought or addedQ1 25: 18 cut or sold outQ1 25Q2 25: 39 bought or addedQ2 25: 30 cut or sold outQ2 25Q3 25: 41 bought or addedQ3 25: 36 cut or sold outQ3 25Q4 25: 42 bought or addedQ4 25: 36 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q3 2024411
Q4 20242723
Q1 20255518
Q2 20253930
Q3 20254136
Q4 20254236

Biggest buyers

Cambridge Investment Research Advisors, Inc. Added +77,814+77.8k
Triad Wealth Partners, LLC Added +72,870+72.9k
CWM, LLC Added +51,104+51.1k
Kingsview Wealth Management, LLC Added +31,915+31.9k
BridgePort Financial Solutions, LLC New +20,506+20.5k
Weaver Capital Management LLC Added +18,724+18.7k
JANE STREET GROUP, LLC New +18,205+18.2k
AssuredPartners Investment Advisors, LLC New +13,497+13.5k
Farther Finance Advisors, LLC Added +9,715+9.7k
Concurrent Investment Advisors, LLC New +9,572+9.6k

Biggest sellers

Soltis Investment Advisors LLC Reduced -336,580-336.6k
OSAIC HOLDINGS, INC. Reduced -64,510-64.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -30,120-30.1k
Ameritas Advisory Services, LLC Sold out -25,000-25.0k
Strategic Blueprint, LLC Sold out -24,917-24.9k
CENTAURUS FINANCIAL, INC. Reduced -23,175-23.2k
NewEdge Advisors, LLC Reduced -16,000-16.0k
C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors Reduced -15,168-15.2k
AE Wealth Management LLC Reduced -11,365-11.4k
Gradient Investments LLC Sold out -11,313-11.3k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Kingsview Wealth Management, LLC 0.67% of their portfolio GRANTS PASS, OR 1,592,6451.6m $46.3m $46.3m 0.67% Added +31.9k +31,915
2 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 371,698371.7k $10.8m $10.8m 0.02% Reduced -64.5k -64,510
3 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 299,617299.6k $8.7m $8.7m 0.01% Added +958 +958
4 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 269,284269.3k $7.8m $7.8m 0.04% Reduced -11.4k -11,365
5 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 250,425250.4k $7.3m $7.3m 0.01% Reduced -1.4k -1,397
6 CWM, LLC 0.02% of their portfolio OMAHA, NE 223,568223.6k $6.5m $6.5m 0.02% Added +51.1k +51,104
7 Triad Wealth Partners, LLC 0.34% of their portfolio LAWRENCE, KS 123,388123.4k $3.6m $3.6m 0.34% Added +72.9k +72,870
8 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 94,61094.6k $2.7m $2.7m 0.02% Reduced -3.1k -3,112
9 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 91,87091.9k $2.7m $2.7m 0.01% Added +77.8k +77,814
10 Brookstone Capital Management 0.03% of their portfolio WHEATON, IL 85,72385.7k $2.5m $2.5m 0.03% Reduced -9.2k -9,159
11 Peak Wealth Management LLC 2.04% of their portfolio NASHUA, NH 84,05484.1k $2.4m $2.4m 2.04% First filing
12 Ashton Thomas Private Wealth, LLC 0.05% of their portfolio SCOTTSDALE, AZ 74,21974.2k $2.2m $2.2m 0.05% Added +7.5k +7,459
13 MONEY CONCEPTS CAPITAL CORP 0.12% of their portfolio PALM BEACH GARDENS, FL 71,41371.4k $2.1m $2.1m 0.12% Reduced -20 -20
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 64,71464.7k $1.9m $1.9m 0.00% Added +2.5k +2,514
15 Keystone Financial Group, Inc. 0.96% of their portfolio ATLANTA, GA 63,31763.3k $1.8m $1.8m 0.96% Reduced -3.5k -3,468
16 Weaver Capital Management LLC 0.35% of their portfolio SUWANEE, GA 57,47757.5k $1.7m $1.7m 0.35% Added +18.7k +18,724
17 Ausdal Financial Partners, Inc. 0.07% of their portfolio Davenport, IA 54,22354.2k $1.6m $1.6m 0.07% Added +369 +369
18 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 49,67949.7k $1.4m $1.4m 0.01% Reduced -250 -250
19 CENTAURUS FINANCIAL, INC. 0.06% of their portfolio ANAHEIM, CA 46,89946.9k $1.4m $1.4m 0.06% Reduced -23.2k -23,175
20 Encompass More Asset Management 0.25% of their portfolio Danville, CA 46,29846.3k $1.3m $1.3m 0.25% Added +913 +913
21 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 44,71244.7k $1.3m $1.3m 0.01% Added +9.7k +9,715
22 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 37,88937.9k $1.1m $1.1m 0.00% Reduced -2.7k -2,745
23 Cypress Wealth Services, LLC 0.14% of their portfolio PALM DESERT, CA 35,44835.4k $1.0m $1.0m 0.14% Unchanged
24 World Investment Advisors 0.02% of their portfolio LINCROFT, NJ 31,50731.5k $915.6k $915.6k 0.02% Added +7.0k +6,982
25 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 28,60028.6k $831.1k $831.1k 0.00% Reduced -16.0k -16,000
26 Soltis Investment Advisors LLC 0.05% of their portfolio ST. GEORGE, UT 28,41428.4k $825.7k $825.7k 0.05% Reduced -336.6k -336,580
27 Vantage Financial Partners, LLC 0.16% of their portfolio ELM GROVE, WI 27,78827.8k $807.5k $807.5k 0.16% Reduced -223 -223
28 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 24,24124.2k $704.4k $704.4k 0.00% Reduced -425 -425
29 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 23,94523.9k $695.8k $695.8k 0.01% Reduced -1.4k -1,409
30 Sonoma Allocations LLC 0.22% of their portfolio SANTA ROSA, CA 23,15023.1k $676.7k $676.7k 0.22% Added +1.2k +1,184
31 Blue Sky Capital Consultants Group, Inc. 0.29% of their portfolio Poway, CA 22,96523.0k $667.4k $667.4k 0.29% Reduced -406 -406
32 KFG WEALTH MANAGEMENT, LLC 0.09% of their portfolio GRANGER, IN 22,88822.9k $665.1k $665.1k 0.09% Added +846 +846
33 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 22,67522.7k $658.9k $658.9k 0.00% Added +3.7k +3,688
34 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.04% of their portfolio Westlake, OH 22,61122.6k $657.1k $657.1k 0.04% Reduced -15.2k -15,168
35 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 20,81720.8k $604.9k $604.9k 0.00% Added +1.1k +1,126
36 BridgePort Financial Solutions, LLC 0.16% of their portfolio FAIRFIELD, IA 20,50620.5k $595.9k $595.9k 0.16% New
37 Lifestyle Asset Management, Inc. 0.19% of their portfolio FRIENDSWOOD, TX 20,09720.1k $584.0k $584.0k 0.19% Reduced -664 -664
38 GWN SECURITIES INC. 0.12% of their portfolio Palm Beach Gardens, FL 19,69619.7k $572.4k $572.4k 0.12% Added +1.2k +1,174
39 First Commonwealth Financial Corp /PA/ 0.09% of their portfolio Indiana, PA 18,89018.9k $548.9k $548.9k 0.09% Unchanged
40 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 18,20518.2k $529.0k $529.0k 0.00% New
41 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 17,32117.3k $503.3k $503.3k 0.00% Added +1.0k +1,015
42 Gallagher Fiduciary Advisors, LLC 0.02% of their portfolio ROLLING MEADOWS, IL 17,10317.1k $497.0k $497.0k 0.02% Unchanged
43 BFI Wealth Solutions, LLC 0.46% of their portfolio DALLAS, TX 16,50016.5k $479.5k $479.5k 0.46% First filing
44 SYON CAPITAL LLC 0.02% of their portfolio SAN FRANCISCO, CA 16,11116.1k $468.2k $468.2k 0.02% Unchanged
45 Cassady Wealth & Retirement Planning, LLC 0.30% of their portfolio HENDERSON, NV 16,08016.1k $467.3k $467.3k 0.30% First filing
46 SYKON CAPITAL LLC 0.15% of their portfolio HARRISON, NY 15,68915.7k $455.9k $455.9k 0.15% Added +84 +84
47 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 14,26114.3k $414.4k $414.4k 0.01% Added +353 +353
48 KINGSWOOD WEALTH ADVISORS, LLC 0.02% of their portfolio SAN DIEGO, CA 14,18614.2k $412.2k $412.2k 0.02% Unchanged
49 AssuredPartners Investment Advisors, LLC 0.06% of their portfolio Tampa, FL 13,49713.5k $392.2k $392.2k 0.06% New
50 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 12,88312.9k $374.0k $374.0k 0.01% Added +2.5k +2,463
51 Accurate Wealth Management, LLC 0.05% of their portfolio WESLEY CHAPEL, FL 12,82112.8k $374.2k $374.2k 0.05% Reduced -1.4k -1,404
52 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 11,61311.6k $337.5k $337.5k 0.01% Reduced -7.2k -7,213
53 INTEGRITY ALLIANCE, LLC. 0.01% of their portfolio Urbandale, IA 10,76410.8k $312.8k $312.8k 0.01% Unchanged
54 Pinnacle Wealth Management Group, Inc. 0.15% of their portfolio PLYMOUTH, MI 10,35010.3k $300.8k $300.8k 0.15% Reduced -500 -500
55 WINNACLE WEALTH LLC 0.22% of their portfolio WACO, TX 10,01910.0k $300.6k $300.6k 0.22% Reduced -1.2k -1,156
56 Aegis Wealth Management, Inc. 0.22% of their portfolio Guthrie Center, IA 9,7039.7k $282.0k $282.0k 0.22% First filing
57 Visionary Wealth Advisors 0.01% of their portfolio O'FALLON, IL 9,5749.6k $278.2k $278.2k 0.01% Unchanged
58 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 9,5729.6k $278.2k $278.2k 0.00% New
59 Vantage Point Financial LLC 0.10% of their portfolio LISLE, IL 9,5179.5k $276.6k $276.6k 0.10% New
60 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 9,5049.5k $276.2k $276.2k 0.00% New
61 WEALTHGARDEN F.S. LLC 0.16% of their portfolio EL SEGUNDO, CA 8,5358.5k $249.4k $249.4k 0.16% Added +1.5k +1,478
62 Triumph Capital Management 0.05% of their portfolio DENVER, CO 8,0008.0k $232.5k $232.5k 0.05% Reduced -588 -588
63 HORAN Wealth, LLC 0.04% of their portfolio CINCINNATI, OH 8,0008.0k $232.5k $232.5k 0.04% Unchanged
64 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 7,8637.9k $228.5k $228.5k 0.01% Unchanged
65 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 7,7617.8k $226.0k $226.0k 0.00% Reduced -736 -736
66 AXXCESS WEALTH MANAGEMENT, LLC 0.00% of their portfolio CARLSBAD, CA 7,6137.6k $221.2k $221.2k 0.00% New
67 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 7,6097.6k $221.1k $221.1k 0.01% New
68 Trek Financial, LLC 0.01% of their portfolio Scottsdale, AZ 7,5767.6k $220.2k $220.2k 0.01% Reduced -25 -25
69 Advyzon Investment Management, LLC 0.02% of their portfolio LISLE, IL 7,3487.3k $213.5k $213.5k 0.02% Added +181 +181
70 Foundations Investment Advisors, LLC 0.00% of their portfolio PHOENIX, AZ 7,2727.3k $211.3k $211.3k 0.00% New
71 FLORIDA FINANCIAL ADVISORS, LLC 0.06% of their portfolio TAMPA, FL 6,9887.0k $203.1k $203.1k 0.06% New
72 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 6,9146.9k $200.9k $200.9k 0.00% Added +100 +100
73 KELLY FINANCIAL GROUP LLC 0.05% of their portfolio Wethersfield, CT 6,8856.9k $200.1k $200.1k 0.05% New
74 Benson Wealth Management INC 0.19% of their portfolio OOLTEWAH, TN, TN 5,7425.7k $166.9k $166.9k 0.19% First filing
75 HARBOR INVESTMENT ADVISORY, LLC 0.01% of their portfolio LUTHERVILLE, MD 4,7134.7k $137.0k $137.0k 0.01% Unchanged
76 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 4,6794.7k $136.0k $136.0k 0.00% Added +863 +863
77 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4,2194.2k $122.6k $122.6k 0.00% Added +3.5k +3,458
78 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 3,6023.6k $104.7k $104.7k 0.00% Reduced -2.2k -2,213
79 OPTIMA CAPITAL LLC 0.04% of their portfolio PORTLAND, OR 3,4373.4k $99.9k $99.9k 0.04% New
80 EVOLUTION WEALTH MANAGEMENT INC. 0.07% of their portfolio FORT MYERS, FL 2,8512.9k $82.8k $82.8k 0.07% Unchanged
81 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,2362.2k $65.0k $65.0k 0.00% Added +1.2k +1,236
82 Archer Investment Corp 0.01% of their portfolio Carmel, IN 2,1802.2k $63.4k $63.4k 0.01% Unchanged
83 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 1,6851.7k $49.0k $49.0k 0.00% Unchanged
84 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 0.01% of their portfolio BERMUDA RUN, NC 1,4001.4k $40.7k $40.7k 0.01% Reduced -255 -255
85 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,2031.2k $35.0k $35.0k 0.00% Reduced -3.7k -3,672
86 SageView Advisory Group, LLC 0.00% of their portfolio Newport Beach, CA 950950 $27.6k $27.6k 0.00% New
87 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 306306 $8.9k $8.9k 0.00% New
88 UBS Group AG 0.00% of their portfolio ZURICH, V8 198198 $5.8k $5.8k 0.00% New
89 RED REEF ADVISORS LLC 0.01% of their portfolio BOCA RATON, FL 180180 $5.2k $5.2k 0.01% First filing
90 Financial Network Wealth Advisors LLC 0.00% of their portfolio MURRAY, UT 133133 $3.9k $3.9k 0.00% Unchanged
91 DHJJ Financial Advisors, Ltd. 0.00% of their portfolio NAPERVILLE, IL 88 $233 $233 0.00% Unchanged