Vault-13

INNOVATOR ETFS TRUST IMAR

INNOVATOR INTL D · ETP · CUSIP 45783Y343

38 institutional holders -3 vs Q3 2025
616,957617.0k shares reported held*
$18.4mreported value*
2 new 2 added 12 reduced 7 sold out net sold ≈ $2.9m (-98.6k 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. Holder counts are more reliable. Implied quarter-end price ≈ $29.87.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q1 24: 18Q2 24: 22Q3 24: 22Q4 24: 27Q1 25: 42Q2 25: 43Q3 25: 41Q4 25: 3838Q1 24Q3 24Q1 25Q3 25Q4 25
Numbers
QuarterHolders
Q1 202418
Q2 202422
Q3 202422
Q4 202427
Q1 202542
Q2 202543
Q3 202541
Q4 202538

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 12 bought or addedQ2 24: 5 cut or sold outQ2 24Q3 24: 5 bought or addedQ3 24: 5 cut or sold outQ4 24: 8 bought or addedQ4 24: 8 cut or sold outQ4 24Q1 25: 32 bought or addedQ1 25: 8 cut or sold outQ2 25: 16 bought or addedQ2 25: 21 cut or sold outQ2 25Q3 25: 8 bought or addedQ3 25: 16 cut or sold outQ4 25: 4 bought or addedQ4 25: 19 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q2 2024125
Q3 202455
Q4 202488
Q1 2025328
Q2 20251621
Q3 2025816
Q4 2025419

Biggest buyers

Focus Partners Wealth New +51,681+51.7k
BCS Wealth Management Added +9,715+9.7k
HighTower Advisors, LLC New +6,740+6.7k
Advus Financial Partners, LLC Added +107+107

Biggest sellers

NorthCoast Asset Management LLC Sold out -55,170-55.2k
SageView Advisory Group, LLC Sold out -19,549-19.5k
CORRADO ADVISORS, LLC Reduced -18,376-18.4k
GTS SECURITIES LLC Sold out -16,737-16.7k
CITADEL ADVISORS LLC Sold out -16,041-16.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -13,003-13.0k
Sequoia Financial Advisors, LLC Sold out -10,150-10.2k
Allworth Financial LP Reduced -4,397-4.4k
Cetera Investment Advisers Reduced -3,627-3.6k
PRINCIPAL SECURITIES, INC. Reduced -2,694-2.7k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Americana Partners, LLC 0.09% of their portfolio Houston, TX 108,659108.7k $3.2m $3.2m 0.09% Reduced -2.0k -1,996
2 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 52,69452.7k $1.6m $1.6m 0.01% Reduced -4.4k -4,397
3 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 51,96852.0k $1.6m $1.6m 0.00% Reduced -3.6k -3,627
4 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 51,68151.7k $1.5m $1.5m 0.00% New
5 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 26,05026.1k $778.1k $778.1k 0.00% Reduced -320 -320
6 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 23,00023.0k $687.0k $687.0k 0.00% Unchanged
7 BCS Wealth Management 0.06% of their portfolio JOHNSON CITY, TN 19,43019.4k $580.4k $580.4k 0.06% Added +9.7k +9,715
8 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 17,98518.0k $537.2k $537.2k 0.00% Reduced -13.0k -13,003
9 FIDUCIARY FINANCIAL GROUP, LLC 0.07% of their portfolio SAN RAFAEL, CA 17,42317.4k $520.4k $520.4k 0.07% Unchanged
10 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 17,23617.2k $514.8k $514.8k 0.01% Reduced -2.7k -2,694
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 16,70016.7k $499.0k $499.0k 0.00% Reduced -367 -367
12 CORRADO ADVISORS, LLC 0.24% of their portfolio RAMSEY, NJ 16,27816.3k $486.2k $486.2k 0.24% Reduced -18.4k -18,376
13 Diligent Investors, LLC 0.11% of their portfolio REDLANDS, CA 15,18315.2k $453.5k $453.5k 0.11% Reduced -65 -65
14 Straight Path Wealth Management 0.11% of their portfolio Jenison, MI 13,57813.6k $405.6k $405.6k 0.11% Unchanged
15 Advus Financial Partners, LLC 0.10% of their portfolio WINTER PARK, FL 13,47113.5k $402.4k $402.4k 0.10% Added +107 +107
16 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 13,45013.4k $401.7k $401.7k 0.00% Unchanged
17 GILL CAPITAL PARTNERS, LLC 0.11% of their portfolio DENVER, CO 12,69012.7k $379.0k $379.0k 0.11% Unchanged
18 PFG Advisors 0.02% of their portfolio Phoenix, AZ 12,09412.1k $361.2k $361.2k 0.02% Reduced -200 -200
19 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 11,34911.3k $339.0k $339.0k 0.00% Unchanged
20 Lantz Financial LLC 0.07% of their portfolio NAPERVILLE, IL 10,83410.8k $323.6k $323.6k 0.07% Unchanged
21 Berger Financial Group, Inc 0.02% of their portfolio PLYMOUTH, MN 10,66710.7k $318.6k $318.6k 0.02% Reduced -1.1k -1,117
22 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 10,62010.6k $317.2k $317.2k 0.00% Unchanged
23 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 10,52810.5k $314.5k $314.5k 0.00% Reduced -903 -903
24 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 9,9059.9k $295.8k $295.8k 0.00% Unchanged
25 HFG Wealth Management, LLC 0.16% of their portfolio The Woodlands, TX 9,7509.8k $291.2k $291.2k 0.16% Unchanged
26 Ballast Rock Private Wealth LLC 0.17% of their portfolio CHARLESTON, SC 9,3719.4k $279.9k $279.9k 0.17% First filing
27 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 9,2509.2k $276.3k $276.3k 0.01% Unchanged
28 Stonebridge Financial Group, LLC 0.02% of their portfolio Wormleysburg, PA 7,9337.9k $236.9k $236.9k 0.02% Unchanged
29 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 6,7406.7k $201.3k $201.3k 0.00% New
30 PFS Partners, LLC 0.07% of their portfolio MINE HILL, NJ 4,9334.9k $147.3k $147.3k 0.07% Unchanged
31 DHJJ Financial Advisors, Ltd. 0.02% of their portfolio NAPERVILLE, IL 2,4972.5k $74.6k $74.6k 0.02% Unchanged
32 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.00% of their portfolio FORT WAYNE, IN 1,7471.7k $52.2k $52.2k 0.00% Unchanged
33 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 495495 $14.8k $14.8k 0.00% Unchanged
34 MCGUIRE CAPITAL ADVISORS INC 0.00% of their portfolio BETHANY, OK 245245 $7.3k $7.3k 0.00% First filing
35 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 200200 $6.0k $6.0k 0.00% Unchanged
36 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 134134 $4.0k $4.0k 0.00% Unchanged
37 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 100100 $3.0k $3.0k 0.00% Unchanged
38 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 8989 $2.7k $2.7k 0.00% Unchanged