Vault-13

INNOVATOR ETFS TRUST AJAN

EQUITY DEFI 2026 · ETP · CUSIP 45783Y418

43 institutional holders -5 vs Q4 2024
1,006,7561.0m shares reported held*
$26.5mreported value*
2 new 3 added 19 reduced 6 sold out net sold ≈ $5.0m (-188.6k 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 ≈ $26.30.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q1 24: 38Q2 24: 46Q3 24: 46Q4 24: 48Q1 25: 4343Q1 24Q2 24Q3 24Q4 24Q1 25
Numbers
QuarterHolders
Q1 202438
Q2 202446
Q3 202446
Q4 202448
Q1 202543

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 23 bought or addedQ2 24: 14 cut or sold outQ2 24Q3 24: 12 bought or addedQ3 24: 18 cut or sold outQ3 24Q4 24: 8 bought or addedQ4 24: 21 cut or sold outQ4 24Q1 25: 5 bought or addedQ1 25: 25 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20242314
Q3 20241218
Q4 2024821
Q1 2025525

Biggest buyers

OSAIC HOLDINGS, INC. Added +44,109+44.1k
GOLDMAN SACHS GROUP INC New +10,748+10.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +9,511+9.5k
COMMONWEALTH EQUITY SERVICES, LLC Added +4,777+4.8k
UBS Group AG New +106+106

Biggest sellers

RAYMOND JAMES FINANCIAL INC Reduced -39,083-39.1k
CENTAURUS FINANCIAL, INC. Reduced -38,721-38.7k
GILL CAPITAL PARTNERS, LLC Sold out -34,272-34.3k
Focus Partners Wealth Reduced -33,000-33.0k
Bison Wealth, LLC Reduced -29,186-29.2k
RFG Advisory, LLC Sold out -15,401-15.4k
INDEPENDENT FINANCIAL GROUP, LLC Sold out -12,210-12.2k
JANE STREET GROUP, LLC Sold out -10,876-10.9k
Chicago Partners Investment Group LLC Sold out -9,239-9.2k
World Investment Advisors Sold out -7,961-8.0k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 133,815133.8k $3.5m $3.5m 0.00% Added +4.8k +4,777
2 Strategic Blueprint, LLC 0.17% of their portfolio ATLANTA, GA 115,200115.2k $3.0m $3.0m 0.17% Reduced -5.8k -5,807
3 LAKE STREET PRIVATE WEALTH, LLC 0.32% of their portfolio CHICAGO, IL 74,61074.6k $2.0m $2.0m 0.32% Reduced -2.5k -2,500
4 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 63,04463.0k $1.7m $1.7m 0.00% Added +44.1k +44,109
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 46,73246.7k $1.2m $1.2m 0.00% Added +9.5k +9,511
6 KFG WEALTH MANAGEMENT, LLC 0.18% of their portfolio GRANGER, IN 38,57338.6k $1.0m $1.0m 0.18% Reduced -444 -444
7 Bison Wealth, LLC 0.09% of their portfolio ATLANTA, GA 37,87637.9k $996.3k $996.3k 0.09% Reduced -29.2k -29,186
8 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 35,87235.9k $943.5k $943.5k 0.00% Reduced -190 -190
9 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 35,62835.6k $937.0k $937.0k 0.00% Unchanged
10 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 30,19330.2k $794.2k $794.2k 0.00% Reduced -1.0k -1,022
11 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 26,98027.0k $709.7k $709.7k 0.00% Reduced -33.0k -33,000
12 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 26,76126.8k $703.9k $703.9k 0.02% Reduced -1.5k -1,490
13 Balance Wealth Partners LLC 0.45% of their portfolio WORTHINGTON, OH 26,27426.3k $691.1k $691.1k 0.45% First filing
14 Bernard Wealth Management Corp. 0.34% of their portfolio ROYAL OAK, MI 26,26426.3k $690.8k $690.8k 0.34% Reduced -1.3k -1,289
15 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 20,84020.8k $548.2k $548.2k 0.00% Unchanged
16 CoreCap Advisors, LLC 0.02% of their portfolio SOUTHFIELD, MI 20,69720.7k $544.4k $544.4k 0.02% Unchanged
17 SageView Advisory Group, LLC 0.02% of their portfolio Newport Beach, CA 20,57620.6k $541.2k $541.2k 0.02% Unchanged
18 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 20,55920.6k $540.8k $540.8k 0.00% Unchanged
19 MGO ONE SEVEN LLC 0.02% of their portfolio Beachwood, OH 19,80019.8k $520.8k $520.8k 0.02% Unchanged
20 Vantage Financial Partners, LLC 0.12% of their portfolio ELM GROVE, WI 18,14618.1k $477.3k $477.3k 0.12% Unchanged
21 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 17,60417.6k $463.0k $463.0k 0.00% Reduced -2.5k -2,506
22 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 17,14917.1k $451.1k $451.1k 0.01% Reduced -2.9k -2,925
23 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 16,10416.1k $423.6k $423.6k 0.00% Reduced -39.1k -39,083
24 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 14,40614.4k $379.0k $379.0k 0.00% Reduced -2.5k -2,480
25 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 11,48011.5k $302.0k $302.0k 0.01% Reduced -3.8k -3,751
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 10,74810.7k $282.7k $282.7k 0.00% New
27 MILESTONE ASSET MANAGEMENT, LLC 0.06% of their portfolio PITTSBURGH, PA 10,27210.3k $270.2k $270.2k 0.06% Unchanged
28 Beacon Financial Advisory LLC 0.07% of their portfolio CLEVELAND, OH 8,8008.8k $231.5k $231.5k 0.07% Unchanged
29 John W. Brooker & Co., CPAs 0.09% of their portfolio OAKLAND, CA 8,1608.2k $214.6k $214.6k 0.09% Unchanged
30 Three Seasons Wealth, LLC 0.11% of their portfolio SALT LAKE CITY, UT 8,1138.1k $213.4k $213.4k 0.11% Unchanged
31 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 7,9608.0k $209.4k $209.4k 0.00% Unchanged
32 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.02% of their portfolio Westlake, OH 7,8437.8k $206.4k $206.4k 0.02% Unchanged
33 CENTAURUS FINANCIAL, INC. 0.01% of their portfolio ANAHEIM, CA 6,6086.6k $174.0k $174.0k 0.01% Reduced -38.7k -38,721
34 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 5,7635.8k $151.6k $151.6k 0.00% Unchanged
35 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 5,5675.6k $146.4k $146.4k 0.00% Reduced -53 -53
36 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4,0564.1k $106.7k $106.7k 0.00% Reduced -440 -440
37 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 2,6092.6k $68.6k $68.6k 0.01% Reduced -2.0k -2,000
38 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 2,1342.1k $56.0k $56.0k 0.00% Unchanged
39 ATTICUS WEALTH MANAGEMENT, LLC 0.02% of their portfolio Palm Beach Gardens, FL 2,0342.0k $53.5k $53.5k 0.02% Unchanged
40 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 700700 $18.4k $18.4k 0.00% Unchanged
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 106106 $2.8k $2.8k 0.00% New
42 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 100100 $2.6k $2.6k 0.00% Unchanged
43 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Reduced -955 -955