Vault-13

INNOVATOR ETFS TRUST BUFF

LADERD ALCTN PWR · ETP · CUSIP 45783Y814

140 institutional holders +5 vs Q3 2025
11,072,83211.1m shares reported held*
$552.2mreported value*
9 new 54 added 51 reduced 8 sold out net sold ≈ $74.8m (-1.5m 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 ≈ $49.87.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 46Q4 22: 58Q1 23: 60Q2 23: 72Q3 23: 75Q4 23: 85Q1 24: 96Q2 24: 98Q3 24: 106Q4 24: 120Q1 25: 125Q2 25: 133Q3 25: 135Q4 25: 140140Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202246
Q4 202258
Q1 202360
Q2 202372
Q3 202375
Q4 202385
Q1 202496
Q2 202498
Q3 2024106
Q4 2024120
Q1 2025125
Q2 2025133
Q3 2025135
Q4 2025140

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 56 bought or addedQ1 24: 29 cut or sold outQ2 24: 48 bought or addedQ2 24: 40 cut or sold outQ2 24Q3 24: 57 bought or addedQ3 24: 37 cut or sold outQ4 24: 63 bought or addedQ4 24: 39 cut or sold outQ4 24Q1 25: 62 bought or addedQ1 25: 48 cut or sold outQ2 25: 66 bought or addedQ2 25: 50 cut or sold outQ2 25Q3 25: 71 bought or addedQ3 25: 53 cut or sold outQ4 25: 63 bought or addedQ4 25: 59 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20245629
Q2 20244840
Q3 20245737
Q4 20246339
Q1 20256248
Q2 20256650
Q3 20257153
Q4 20256359

Biggest buyers

World Investment Advisors Added +146,136+146.1k
RAYMOND JAMES FINANCIAL INC Added +70,102+70.1k
Cetera Investment Advisers Added +50,460+50.5k
OLD MISSION CAPITAL LLC New +44,096+44.1k
Concurrent Investment Advisors, LLC Added +31,887+31.9k
COLUMBIA ADVISORY PARTNERS LLC Added +24,941+24.9k
OSAIC HOLDINGS, INC. Added +22,412+22.4k
MML INVESTORS SERVICES, LLC Added +19,559+19.6k
Prospera Financial Services Inc New +16,607+16.6k
GWN SECURITIES INC. Added +15,935+15.9k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -728,742-728.7k
LPL Financial LLC Reduced -413,632-413.6k
KFG WEALTH MANAGEMENT, LLC Reduced -324,697-324.7k
LifeWealth Investments, LLC Reduced -200,040-200.0k
MERCER GLOBAL ADVISORS INC /ADV Reduced -121,091-121.1k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -58,391-58.4k
Brookstone Capital Management Reduced -47,149-47.1k
INDEPENDENT FINANCIAL GROUP, LLC Reduced -35,855-35.9k
JANE STREET GROUP, LLC Reduced -33,781-33.8k
IFG Advisory, LLC Sold out -28,650-28.6k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,307,7481.3m $65.2m $65.2m 0.02% Reduced -413.6k -413,632
2 MERCER GLOBAL ADVISORS INC /ADV 0.06% of their portfolio DENVER, CO 794,629794.6k $39.6m $39.6m 0.06% Reduced -121.1k -121,091
3 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 612,919612.9k $30.6m $30.6m 0.03% Added +50.5k +50,460
4 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 561,791561.8k $28.0m $28.0m 0.01% Reduced -728.7k -728,742
5 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 539,562539.6k $26.9m $26.9m 0.04% Added +22.4k +22,412
6 GGM Financial LLC 12.71% of their portfolio COLUMBUS, OH 524,690524.7k $26.2m $26.2m 12.71% Added +11.1k +11,138
7 Kingsview Wealth Management, LLC 0.37% of their portfolio GRANTS PASS, OR 514,676514.7k $25.7m $25.7m 0.37% Added +11.8k +11,784
8 Prasad Wealth Partners, LLC 5.22% of their portfolio INDEPENDENCE, OH 392,553392.6k $19.6m $19.6m 5.22% Added +8.0k +7,972
9 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 340,082340.1k $17.0m $17.0m 0.04% Added +15.4k +15,422
10 Holos Integrated Wealth LLC 9.05% of their portfolio KENNETT SQUARE, PA 324,434324.4k $16.2m $16.2m 9.05% Added +9.4k +9,414
11 LifeWealth Investments, LLC 4.21% of their portfolio WINTER GARDEN, FL 266,849266.8k $13.3m $13.3m 4.21% Reduced -200.0k -200,040
12 MTM FINANCIAL GROUP, LLC 5.63% of their portfolio BETHLEHEM, PA 236,313236.3k $11.8m $11.8m 5.63% Reduced -5.0k -5,029
13 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 233,411233.4k $11.6m $11.6m 0.00% Added +70.1k +70,102
14 Mutual Advisors, LLC 0.23% of their portfolio OMAHA, NE 217,378217.4k $10.8m $10.8m 0.23% Added +1.7k +1,735
15 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 212,090212.1k $10.6m $10.6m 0.01% Reduced -58.4k -58,391
16 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 183,431183.4k $9.1m $9.1m 0.02% Added +11.2k +11,171
17 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 180,414180.4k $9.0m $9.0m 0.01% Added +4.2k +4,198
18 Buska Wealth Management, LLC 3.21% of their portfolio WAUSAU, WI 174,488174.5k $8.7m $8.7m 3.21% Reduced -28.2k -28,210
19 World Investment Advisors 0.12% of their portfolio LINCROFT, NJ 150,628150.6k $7.5m $7.5m 0.12% Added +146.1k +146,136
20 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 141,542141.5k $7.1m $7.1m 0.03% Added +9.1k +9,114
21 KFG WEALTH MANAGEMENT, LLC 0.91% of their portfolio GRANGER, IN 137,212137.2k $6.8m $6.8m 0.91% Reduced -324.7k -324,697
22 GWN SECURITIES INC. 1.27% of their portfolio Palm Beach Gardens, FL 126,240126.2k $6.3m $6.3m 1.27% Added +15.9k +15,935
23 HARBOUR INVESTMENTS, INC. 0.13% of their portfolio MADISON, WI 126,207126.2k $6.3m $6.3m 0.13% Reduced -16.0k -15,971
24 Forvis Mazars Wealth Advisors, LLC 0.12% of their portfolio Springfield, MO 123,071123.1k $6.1m $6.1m 0.12% Reduced -10.6k -10,561
25 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 107,610107.6k $5.4m $5.4m 0.01% Added +19.6k +19,559
26 Garden State Investment Advisory Services LLC 1.20% of their portfolio Red Bank, NJ 101,622101.6k $5.1m $5.1m 1.20% Reduced -291 -291
27 Visionary Wealth Advisors 0.20% of their portfolio O'FALLON, IL 86,66986.7k $4.3m $4.3m 0.20% Reduced -7.4k -7,381
28 Core Wealth Advisors, Inc. 1.07% of their portfolio LAKELAND, FL 82,57282.6k $4.1m $4.1m 1.07% Added +3.9k +3,868
29 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 81,12781.1k $4.0m $4.0m 0.03% Added +5.1k +5,102
30 Seros Financial, LLC 2.31% of their portfolio TEMPE, AZ 79,13779.1k $3.9m $3.9m 2.31% Added +3.2k +3,208
31 Blue Trust, Inc. 0.04% of their portfolio BRENTWOOD, TN 72,95573.0k $3.6m $3.6m 0.04% Added +6.5k +6,512
32 CreativeOne Wealth, LLC 0.09% of their portfolio OVERLAND PARK, KS 72,62372.6k $3.6m $3.6m 0.09% Reduced -877 -877
33 Stratos Wealth Partners, LTD. 0.04% of their portfolio BEACHWOOD, OH 67,89367.9k $3.4m $3.4m 0.04% Added +13.7k +13,675
34 Concurrent Investment Advisors, LLC 0.04% of their portfolio Tampa, FL 64,72164.7k $3.2m $3.2m 0.04% Added +31.9k +31,887
35 COLUMBIA ADVISORY PARTNERS LLC 1.87% of their portfolio SPOKANE, WA 55,18355.2k $2.8m $2.8m 1.87% Added +24.9k +24,941
36 Glen Eagle Advisors, LLC 0.37% of their portfolio KINGSTON, NJ 55,08755.1k $2.7m $2.7m 0.37% Reduced -2.7k -2,679
37 Andina Capital Management, LLC 1.63% of their portfolio LOGAN, UT 54,16854.2k $2.7m $2.7m 1.63% Added +3.9k +3,920
38 Wealthcare Advisory Partners LLC 0.05% of their portfolio WEST CHESTER, PA 52,03452.0k $2.6m $2.6m 0.05% Added +6.6k +6,632
39 Southland Equity Partners LLC 0.50% of their portfolio WILDWOOD, MO 50,49050.5k $2.5m $2.5m 0.50% Reduced -1.4k -1,414
40 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 48,57748.6k $2.4m $2.4m 0.03% Added +1.2k +1,234
41 Focus Financial Network, Inc. 0.08% of their portfolio MINNEAPOLIS, MN 47,30647.3k $2.4m $2.4m 0.08% Reduced -6.4k -6,409
42 MILESTONE ASSET MANAGEMENT, LLC 0.43% of their portfolio PITTSBURGH, PA 45,31945.3k $2.3m $2.3m 0.43% Reduced -1.3k -1,261
43 AXXCESS WEALTH MANAGEMENT, LLC 0.04% of their portfolio CARLSBAD, CA 45,19245.2k $2.3m $2.3m 0.04% Added +7.8k +7,795
44 OLD MISSION CAPITAL LLC 0.08% of their portfolio CHICAGO, IL 44,09644.1k $2.2m $2.2m 0.08% New
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 43,38843.4k $2.2m $2.2m 0.00% Reduced -1.8k -1,839
46 Diligent Investors, LLC 0.51% of their portfolio REDLANDS, CA 41,59541.6k $2.1m $2.1m 0.51% Reduced -115 -115
47 JDM Financial Group LLC 0.79% of their portfolio AUSTIN, TX 40,86740.9k $2.0m $2.0m 0.79% Reduced -1.2k -1,241
48 Comprehensive Financial Consultants Institutional, Inc. 0.61% of their portfolio Bloomington, IN 40,51640.5k $2.0m $2.0m 0.61% Added +1.2k +1,242
49 Lineweaver Wealth Advisors, LLC 0.27% of their portfolio VALLEY VIEW, OH 39,91739.9k $2.0m $2.0m 0.27% Unchanged
50 Financial Network Wealth Advisors LLC 2.06% of their portfolio MURRAY, UT 39,63639.6k $2.0m $2.0m 2.06% Reduced -778 -778
51 Soltis Investment Advisors LLC 0.12% of their portfolio ST. GEORGE, UT 36,48036.5k $1.8m $1.8m 0.12% Reduced -316 -316
52 VESTIA PERSONAL WEALTH ADVISORS 0.86% of their portfolio FORT WAYNE, IN 33,87433.9k $1.7m $1.7m 0.86% Reduced -2.3k -2,284
53 DIVERSIFY WEALTH MANAGEMENT, LLC 0.08% of their portfolio SANDY, UT 32,33732.3k $1.6m $1.6m 0.08% Added +250 +250
54 Patriot Financial Group Insurance Agency, LLC 0.19% of their portfolio Westborough, MA 32,00632.0k $1.6m $1.6m 0.19% Added +1.4k +1,356
55 SeaCrest Wealth Management, LLC 0.16% of their portfolio PURCHASE, NY 31,02831.0k $1.6m $1.6m 0.16% Added +15.0k +14,973
56 PLANWISER FINANCIAL, LLC 1.16% of their portfolio COLORADO SPRINGS, CO 30,93830.9k $1.6m $1.6m 1.16% Reduced -7.8k -7,763
57 Sound View Wealth Advisors Group, LLC 0.10% of their portfolio SAVANNAH, GA 29,70029.7k $1.5m $1.5m 0.10% Unchanged
58 Wisconsin Wealth Advisors, LLC 1.35% of their portfolio SUN PRAIRIE, WI 27,69827.7k $1.4m $1.4m 1.35% Added +6.2k +6,154
59 Collaborative Wealth Managment Inc. 0.49% of their portfolio LAKE MARY, FL 27,69127.7k $1.4m $1.4m 0.49% Reduced -587 -587
60 HAZLETT, BURT & WATSON, INC. 0.44% of their portfolio WHEELING, WV 27,36527.4k $1.4m $1.4m 0.44% Added +1.1k +1,080
61 City Center Advisors, LLC 1.24% of their portfolio TROY, MI 27,11927.1k $1.4m $1.4m 1.24% Added +6.9k +6,851
62 Brookstone Capital Management 0.02% of their portfolio WHEATON, IL 26,67726.7k $1.3m $1.3m 0.02% Reduced -47.1k -47,149
63 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 26,21226.2k $1.3m $1.3m 0.02% Added +6.6k +6,637
64 Advisor Resource Council 0.46% of their portfolio DALLAS, TX 25,95126.0k $1.3m $1.3m 0.46% Reduced -1.0k -1,035
65 SageView Advisory Group, LLC 0.04% of their portfolio Newport Beach, CA 23,48423.5k $1.2m $1.2m 0.04% Reduced -5.7k -5,749
66 OFC FINANCIAL PLANNING, LLC 1.11% of their portfolio SHORT HILLS, NJ 23,39423.4k $1.2m $1.2m 1.11% Added +1.4k +1,376
67 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 22,92622.9k $1.1m $1.1m 0.01% Added +9.8k +9,828
68 Weaver Consulting Group 0.25% of their portfolio HUNTINGTON BEACH, CA 20,69920.7k $1.0m $1.0m 0.25% Added +2.5k +2,524
69 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 20,69220.7k $1.0m $1.0m 0.00% Reduced -835 -835
70 TopTier Wealth Management, LLC 0.69% of their portfolio MUSKEGO, WI 20,28820.3k $1.0m $1.0m 0.69% First filing
71 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 19,33319.3k $963.9k $963.9k 0.00% Added +995 +995
72 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 19,18319.2k $956.5k $956.5k 0.01% Reduced -202 -202
73 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 18,81518.8k $938.1k $938.1k 0.01% Reduced -61 -61
74 Strategic Blueprint, LLC 0.05% of their portfolio ATLANTA, GA 18,43618.4k $919.2k $919.2k 0.05% Unchanged
75 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 17,84417.8k $889.7k $889.7k 0.02% Reduced -35.9k -35,855
76 Signal Advisors Wealth, LLC 0.07% of their portfolio DETROIT, MI 16,79516.8k $837.4k $837.4k 0.07% Added +4.8k +4,807
77 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 16,60716.6k $827.9k $827.9k 0.01% New
78 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 16,31116.3k $813.3k $813.3k 0.00% Added +5.3k +5,278
79 Beacon Financial Advisory LLC 0.19% of their portfolio CLEVELAND, OH 16,31116.3k $813.3k $813.3k 0.19% Added +527 +527
80 Western Wealth Management, LLC 0.04% of their portfolio GOLDEN, CO 15,41715.4k $768.7k $768.7k 0.04% New
81 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 15,03115.0k $749.4k $749.4k 0.02% Unchanged
82 Nicholson Meyer Capital Management, Inc. 0.56% of their portfolio Kansas City, MO 14,91814.9k $743.8k $743.8k 0.56% Added +5.7k +5,685
83 MARIPAU WEALTH MANAGEMENT LLC 0.34% of their portfolio FORT WAYNE, IN 14,83914.8k $736.2k $736.2k 0.34% Added +4.9k +4,881
84 BLUEDOOR PRIVATE WEALTH, LLC 0.32% of their portfolio BEVERLY, MA 13,90513.9k $693.3k $693.3k 0.32% First filing
85 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 13,53313.5k $674.8k $674.8k 0.01% Reduced -4.3k -4,300
86 Sovran Advisors, LLC 0.06% of their portfolio SAN DIEGO, CA 13,15513.2k $659.9k $659.9k 0.06% Reduced -502 -502
87 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 12,29012.3k $612.8k $612.8k 0.00% Added +4.8k +4,799
88 SOUTHERN CAPITAL ADVISORS, LLC 0.28% of their portfolio Jackson, TN 12,26512.3k $611.5k $611.5k 0.28% Added +139 +139
89 CoreCap Advisors, LLC 0.02% of their portfolio SOUTHFIELD, MI 11,95412.0k $596.0k $596.0k 0.02% Reduced -1.4k -1,354
90 INTEGRAL INVESTMENT ADVISORS, INC. 0.14% of their portfolio TURLOCK, CA 11,62911.6k $579.8k $579.8k 0.14% Added +2.0k +2,000
91 CHAPMAN FINANCIAL GROUP, LLC 0.39% of their portfolio KAILUA, HI 11,52111.5k $574.4k $574.4k 0.39% Added +3.0k +2,950
92 FOUNDERS FINANCIAL SECURITIES LLC 0.03% of their portfolio TOWSON, MD 11,22911.2k $559.9k $559.9k 0.03% Added +1.2k +1,171
93 Trek Financial, LLC 0.03% of their portfolio Scottsdale, AZ 10,62910.6k $530.0k $530.0k 0.03% Unchanged
94 Applied Capital LLC 0.20% of their portfolio LITTLE ROCK, AR 10,59710.6k $528.3k $528.3k 0.20% Added +2.3k +2,288
95 Caliber Wealth Management, LLC / KS 0.05% of their portfolio Overland Park, KS 10,12310.1k $504.7k $504.7k 0.05% Added +1.6k +1,603
96 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 10,04310.0k $500.7k $500.7k 0.00% Reduced -27.6k -27,629
97 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,01210.0k $499.2k $499.2k 0.00% Reduced -33.8k -33,781
98 AdvisorNet Financial, Inc 0.03% of their portfolio MINNETONKA, MN 9,6989.7k $483.5k $483.5k 0.03% Reduced -459 -459
99 Onyx Bridge Wealth Group LLC 0.05% of their portfolio TARRYTOWN, NY 9,4969.5k $473.5k $473.5k 0.05% Reduced -254 -254
100 WEBSTER BANK, N. A. 0.04% of their portfolio WATERBURY, CT 8,9348.9k $445.4k $445.4k 0.04% New