Vault-13

INNOVATOR ETFS TRUST AAPR

EQUITY DEFINED · ETP · CUSIP 45783Y335

48 institutional holders +1 vs Q2 2025
1,121,8651.1m shares reported held*
$31.3mreported value*
6 new 5 added 18 reduced 3 sold out net bought ≈ $1.9m (+66.9k 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 ≈ $27.88.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q1 24: 1Q2 24: 42Q3 24: 49Q4 24: 56Q1 25: 53Q2 25: 47Q3 25: 4848Q1 24Q3 24Q1 25Q3 25
Numbers
QuarterHolders
Q1 20241
Q2 202442
Q3 202449
Q4 202456
Q1 202553
Q2 202547
Q3 202548

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 40 bought or addedQ2 24: 1 cut or sold outQ2 24Q3 24: 23 bought or addedQ3 24: 13 cut or sold outQ3 24Q4 24: 15 bought or addedQ4 24: 17 cut or sold outQ4 24Q1 25: 11 bought or addedQ1 25: 26 cut or sold outQ1 25Q2 25: 10 bought or addedQ2 25: 22 cut or sold outQ2 25Q3 25: 11 bought or addedQ3 25: 21 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q2 2024401
Q3 20242313
Q4 20241517
Q1 20251126
Q2 20251022
Q3 20251121

Biggest buyers

JPMORGAN CHASE & CO New +41,906+41.9k
Michels Family Financial, LLC New +36,655+36.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +33,523+33.5k
Quantinno Capital Management LP New +18,846+18.8k
AXXCESS WEALTH MANAGEMENT, LLC New +18,846+18.8k
BridgePort Financial Solutions, LLC New +10,437+10.4k
LPL Financial LLC Added +6,781+6.8k
GTS SECURITIES LLC Added +2,529+2.5k
Cetera Investment Advisers Added +2,207+2.2k
UBS Group AG New +1,003+1.0k

Biggest sellers

Bison Wealth, LLC Sold out -34,931-34.9k
Comprehensive Financial Consultants Institutional, Inc. Sold out -20,360-20.4k
Cambridge Investment Research Advisors, Inc. Sold out -14,431-14.4k
OLD MISSION CAPITAL LLC Reduced -9,711-9.7k
HighTower Advisors, LLC Reduced -7,442-7.4k
RAYMOND JAMES FINANCIAL INC Reduced -3,542-3.5k
Kestra Advisory Services, LLC Reduced -2,643-2.6k
CENTAURUS FINANCIAL, INC. Reduced -2,459-2.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -2,405-2.4k
Garden State Investment Advisory Services LLC Reduced -2,000-2.0k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 128,305128.3k $3.6m $3.6m 0.02% Reduced -2.6k -2,643
2 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 127,703127.7k $3.6m $3.6m 0.00% Reduced -2.4k -2,405
3 CENTAURUS FINANCIAL, INC. 0.11% of their portfolio ANAHEIM, CA 84,49084.5k $2.4m $2.4m 0.11% Reduced -2.5k -2,459
4 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 65,55465.6k $1.8m $1.8m 0.00% Added +33.5k +33,523
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 43,23743.2k $1.2m $1.2m 0.00% Added +6.8k +6,781
6 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 42,71742.7k $1.2m $1.2m 0.00% Reduced -3.5k -3,542
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 41,90641.9k $1.2m $1.2m 0.00% New
8 Michels Family Financial, LLC 0.80% of their portfolio FORT WORTH, TX 36,65536.7k $1.0m $1.0m 0.80% New
9 Bullseye Investment Management, LLC 0.57% of their portfolio CINCINNATI, OH 35,87935.9k $938.9k $938.9k 0.57% Unchanged
10 Crown Wealth Group, LLC 0.28% of their portfolio Charlotte, NC 33,62833.6k $939.4k $939.4k 0.28% Reduced -782 -782
11 Trek Financial, LLC 0.05% of their portfolio Scottsdale, AZ 30,64630.6k $856.1k $856.1k 0.05% Reduced -1.5k -1,452
12 MTM FINANCIAL GROUP, LLC 0.39% of their portfolio BETHLEHEM, PA 28,60628.6k $799.1k $799.1k 0.39% Reduced -566 -566
13 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 26,31826.3k $735.2k $735.2k 0.01% Unchanged
14 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 23,92623.9k $668.4k $668.4k 0.01% Unchanged
15 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 23,05023.1k $643.7k $643.7k 0.00% Unchanged
16 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 22,87122.9k $638.9k $638.9k 0.01% Reduced -119 -119
17 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 22,83222.8k $637.8k $637.8k 0.00% Added +2.2k +2,207
18 KFG WEALTH MANAGEMENT, LLC 0.08% of their portfolio GRANGER, IN 19,32219.3k $539.8k $539.8k 0.08% Unchanged
19 CROSSPOINT FINANCIAL, LLC 1.30% of their portfolio TUSTIN, CA 18,87518.9k $527.3k $527.3k 1.30% Unchanged
20 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 18,84618.8k $526.5k $526.5k 0.00% New
21 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 18,84618.8k $526.5k $526.5k 0.01% New
22 Lineweaver Wealth Advisors, LLC 0.08% of their portfolio VALLEY VIEW, OH 18,47518.5k $516.1k $516.1k 0.08% Reduced -950 -950
23 Spire Wealth Management 0.02% of their portfolio MCLEAN, VA 17,39717.4k $486.1k $486.1k 0.02% Unchanged
24 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 17,14717.1k $478.7k $478.7k 0.00% Reduced -670 -670
25 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 17,04917.0k $476.3k $476.3k 0.01% Reduced -7 -7
26 Three Seasons Wealth, LLC 0.04% of their portfolio SALT LAKE CITY, UT 12,74712.7k $356.1k $356.1k 0.04% Unchanged
27 Visionary Wealth Advisors 0.02% of their portfolio O'FALLON, IL 12,63012.6k $352.8k $352.8k 0.02% Unchanged
28 Cypress Wealth Services, LLC 0.06% of their portfolio PALM DESERT, CA 12,51912.5k $349.7k $349.7k 0.06% Unchanged
29 Keystone Wealth Services, LLC 0.07% of their portfolio PALM DESERT, CA 12,24212.2k $342.0k $342.0k 0.07% Unchanged
30 O'Connor Financial Group LLC 0.14% of their portfolio QUINCY, IL 12,18712.2k $340.4k $340.4k 0.14% Unchanged
31 Garden State Investment Advisory Services LLC 0.08% of their portfolio Red Bank, NJ 11,17511.2k $312.2k $312.2k 0.08% Reduced -2.0k -2,000
32 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 10,93210.9k $305.4k $305.4k 0.01% Added +2.5k +2,529
33 BridgePort Financial Solutions, LLC 0.08% of their portfolio FAIRFIELD, IA 10,43710.4k $291.6k $291.6k 0.08% New
34 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 9,6479.6k $269.5k $269.5k 0.01% Reduced -9.7k -9,711
35 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 8,7268.7k $243.8k $243.8k 0.00% Reduced -7.4k -7,442
36 Diligent Investors, LLC 0.06% of their portfolio REDLANDS, CA 8,2508.2k $230.5k $230.5k 0.06% Unchanged
37 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 7,0007.0k $195.5k $195.5k 0.00% Unchanged
38 Glen Eagle Advisors, LLC 0.02% of their portfolio KINGSTON, NJ 5,6405.6k $157.6k $157.6k 0.02% Unchanged
39 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 5,2945.3k $147.9k $147.9k 0.00% Reduced -196 -196
40 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 4,5284.5k $126.5k $126.5k 0.00% Reduced -88 -88
41 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 3,6443.6k $101.8k $101.8k 0.00% Reduced -97 -97
42 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 3,4773.5k $97.1k $97.1k 0.00% Unchanged
43 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,3102.3k $64.5k $64.5k 0.00% Added +55 +55
44 NBZ Investment Advisors LLC 0.02% of their portfolio KNOXVILLE, TN 1,6351.6k $45.7k $45.7k 0.02% Unchanged
45 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,0771.1k $30.1k $30.1k 0.00% Unchanged
46 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0031.0k $28.0k $28.0k 0.00% New
47 DHJJ Financial Advisors, Ltd. 0.00% of their portfolio NAPERVILLE, IL 405405 $11.3k $11.3k 0.00% Unchanged
48 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 8080 $2.2k $2.2k 0.00% Reduced -1.0k -1,000