Vault-13

INNOVATOR ETFS TRUST BALT

DEFINED WLT SHLD · ETP · CUSIP 45783Y855

195 institutional holders +41 vs Q4 2024
30,545,67830.5m shares reported held*
$961.2mreported value*
49 new 98 added 25 reduced 7 sold out net bought ≈ $255.7m (+8.1m 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 ($270.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $31.47.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 47Q4 22: 71Q1 23: 77Q2 23: 74Q3 23: 80Q4 23: 94Q1 24: 104Q2 24: 123Q3 24: 131Q4 24: 154Q1 25: 195195Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202247
Q4 202271
Q1 202377
Q2 202374
Q3 202380
Q4 202394
Q1 2024104
Q2 2024123
Q3 2024131
Q4 2024154
Q1 2025195

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 45 bought or addedQ2 23: 32 cut or sold outQ3 23: 54 bought or addedQ3 23: 29 cut or sold outQ3 23Q4 23: 53 bought or addedQ4 23: 37 cut or sold outQ1 24: 64 bought or addedQ1 24: 36 cut or sold outQ1 24Q2 24: 74 bought or addedQ2 24: 49 cut or sold outQ3 24: 84 bought or addedQ3 24: 41 cut or sold outQ3 24Q4 24: 97 bought or addedQ4 24: 38 cut or sold outQ1 25: 147 bought or addedQ1 25: 32 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20234532
Q3 20235429
Q4 20235337
Q1 20246436
Q2 20247449
Q3 20248441
Q4 20249738
Q1 202514732

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +1,046,019+1.0m
Orion Portfolio Solutions, LLC Added +592,982+593.0k
Orion Porfolio Solutions, LLC Added +533,381+533.4k
Arlington Capital Management, Inc. New +473,139+473.1k
OSAIC HOLDINGS, INC. Added +444,506+444.5k
Wealthquest Corp Added +362,959+363.0k
Stratos Wealth Advisors, LLC Added +307,329+307.3k
HARBOUR INVESTMENTS, INC. Added +288,457+288.5k
CWM, LLC Added +244,588+244.6k
ENVESTNET ASSET MANAGEMENT INC Added +244,031+244.0k

Biggest sellers

Whipplewood Advisors, LLC Reduced -68,388-68.4k
Cetera Investment Advisers Reduced -55,785-55.8k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -50,705-50.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -28,849-28.8k
AVANTAX ADVISORY SERVICES, INC. Reduced -25,714-25.7k
IFG Advisory, LLC Sold out -15,000-15.0k
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Reduced -9,489-9.5k
Ameritas Advisory Services, LLC Reduced -9,224-9.2k
Paladin Wealth, LLC Sold out -9,154-9.2k
Sunbelt Securities, Inc. Reduced -6,073-6.1k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wealthquest Corp 9.02% of their portfolio CINCINNATI, OH 3,442,8463.4m $108.0m $108.0m 9.02% Added +363.0k +362,959
2 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,840,7641.8m $57.8m $57.8m 0.02% Added +1.0m +1,046,019
3 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,834,6211.8m $57.6m $57.6m 0.02% Added +244.0k +244,031
4 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 1,776,4401.8m $55.7m $55.7m 0.12% Added +444.5k +444,506
5 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 1,059,4251.1m $33.2m $33.2m 0.05% Reduced -50.7k -50,705
6 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 1.97% of their portfolio Westlake, OH 793,566793.6k $24.9m $24.9m 1.97% Added +150.8k +150,815
7 MTM FINANCIAL GROUP, LLC 13.32% of their portfolio BETHLEHEM, PA 725,747725.7k $22.8m $22.8m 13.32% Added +43.4k +43,352
8 Crown Wealth Group, LLC 11.59% of their portfolio Charlotte, NC 712,329712.3k $22.4m $22.4m 11.59% Added +75.4k +75,376
9 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 711,538711.5k $22.3m $22.3m 0.04% Reduced -55.8k -55,785
10 Compass Advisory Group LLC 7.64% of their portfolio MELVILLE, NY 699,626699.6k $22.0m $22.0m 7.64% Added +44.7k +44,743
11 Orion Portfolio Solutions, LLC 0.10% of their portfolio Omaha, NE 652,583652.6k $20.5m $20.5m 0.10% Added +593.0k +592,982
12 Brookstone Capital Management 0.27% of their portfolio WHEATON, IL 609,619609.6k $19.1m $19.1m 0.27% Added +12.4k +12,372
13 Orion Porfolio Solutions, LLC 0.18% of their portfolio OMAHA, NE 592,982593.0k $18.6m $18.6m 0.18% Added +533.4k +533,381
14 Kure Advisory, LLC 13.83% of their portfolio PLYMOUTH, MN 583,580583.6k $18.3m $18.3m 13.83% First filing
15 Gradient Investments LLC 0.35% of their portfolio ARDEN HILLS, MN 559,401559.4k $17.6m $17.6m 0.35% Added +11.2k +11,239
16 Arlington Capital Management, Inc. 11.25% of their portfolio ARLINGTON HEIGHTS, IL 473,139473.1k $14.8m $14.8m 11.25% New
17 Wealthcare Advisory Partners LLC 0.40% of their portfolio WEST CHESTER, PA 470,620470.6k $14.8m $14.8m 0.40% Added +38.2k +38,202
18 CWM, LLC 0.06% of their portfolio OMAHA, NE 463,447463.4k $14.5m $14.5m 0.06% Added +244.6k +244,588
19 HARBOUR INVESTMENTS, INC. 0.41% of their portfolio MADISON, WI 454,517454.5k $14.3m $14.3m 0.41% Added +288.5k +288,457
20 CENTAURUS FINANCIAL, INC. 0.80% of their portfolio ANAHEIM, CA 419,036419.0k $13.1m $13.1m 0.80% Added +11.2k +11,179
21 Sunbelt Securities, Inc. 1.16% of their portfolio HOUSTON, TX 415,671415.7k $13.0m $13.0m 1.16% Reduced -6.1k -6,073
22 NBZ Investment Advisors LLC 7.40% of their portfolio KNOXVILLE, TN 407,931407.9k $12.8m $12.8m 7.40% Added +12.7k +12,663
23 Kingsview Wealth Management, LLC 0.21% of their portfolio GRANTS PASS, OR 351,453351.5k $11.0m $11.0m 0.21% Added +174.7k +174,663
24 Stratos Wealth Advisors, LLC 0.60% of their portfolio BEACHWOOD, OH 349,766349.8k $11.0m $11.0m 0.60% Added +307.3k +307,329
25 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 348,852348.9k $10.9m $10.9m 0.05% Added +29.6k +29,570
26 INDEPENDENT FINANCIAL GROUP, LLC 0.35% of their portfolio SAN DIEGO, CA 325,304325.3k $10.2m $10.2m 0.35% Added +218.1k +218,133
27 CENTRAL VALLEY ADVISORS, LLC 3.70% of their portfolio SACRAMENTO, CA 311,337311.3k $9.8m $9.8m 3.70% Added +19.9k +19,924
28 PTM WEALTH MANAGEMENT, LLC 9.24% of their portfolio NORTH WALES, PA 289,663289.7k $8.8m $8.8m 9.24% First filing
29 CRA Financial Services, LLC 1.47% of their portfolio NORTHFIELD, NJ 273,747273.7k $8.6m $8.6m 1.47% Added +18.3k +18,280
30 Glen Eagle Advisors, LLC 1.35% of their portfolio KINGSTON, NJ 259,786259.8k $8.2m $8.2m 1.35% Added +65.5k +65,476
31 Atria Wealth Solutions, Inc. 0.10% of their portfolio NEW YORK, NY 251,623251.6k $7.9m $7.9m 0.10% Added +23.9k +23,939
32 Mutual Advisors, LLC 0.22% of their portfolio OMAHA, NE 248,451248.5k $7.8m $7.8m 0.22% Added +3.9k +3,939
33 ARQ WEALTH ADVISORS, LLC 2.81% of their portfolio SCOTTSDALE, AZ 240,997241.0k $7.6m $7.6m 2.81% New
34 Sovran Advisors, LLC 0.94% of their portfolio SAN DIEGO, CA 232,792232.8k $7.2m $7.2m 0.94% Added +14.3k +14,338
35 Strategic Blueprint, LLC 0.39% of their portfolio ATLANTA, GA 225,077225.1k $7.1m $7.1m 0.39% Added +9.5k +9,484
36 Prairie Wealth Advisors, Inc. 3.40% of their portfolio OMAHA, NE 220,581220.6k $6.9m $6.9m 3.40% Added +125.3k +125,256
37 Long Island Wealth Management, Inc. 4.08% of their portfolio MELVILLE, NY 213,755213.8k $6.7m $6.7m 4.08% Added +58.9k +58,934
38 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 210,265210.3k $6.6m $6.6m 0.02% Added +114.7k +114,735
39 Dominguez Wealth Management Solutions, Inc. 4.83% of their portfolio WILLIAMSBURG, VA 210,247210.2k $6.6m $6.6m 4.83% Added +6.9k +6,933
40 Foundations Investment Advisors, LLC 0.12% of their portfolio PHOENIX, AZ 208,238208.2k $6.5m $6.5m 0.12% Added +9.2k +9,170
41 Sigma Planning Corp 0.19% of their portfolio ANN ARBOR, MI 193,778193.8k $6.1m $6.1m 0.19% Added +5.5k +5,477
42 Financial Designs Corp 3.99% of their portfolio CLAREMONT, CA 182,581182.6k $5.7m $5.7m 3.99% Added +4.8k +4,765
43 AE Wealth Management LLC 0.05% of their portfolio TOPEKA, KS 179,472179.5k $5.6m $5.6m 0.05% Added +164.3k +164,253
44 Stratos Investment Management, LLC 0.28% of their portfolio BEACHWOOD, OH 170,122170.1k $5.3m $5.3m 0.28% New
45 TOWNSQUARE CAPITAL LLC 0.06% of their portfolio Lehi, UT 165,428165.4k $5.2m $5.2m 0.06% Reduced -636 -636
46 Visionary Wealth Advisors 0.27% of their portfolio O'FALLON, IL 145,896145.9k $4.6m $4.6m 0.27% Added +29.9k +29,882
47 RFG Advisory, LLC 0.12% of their portfolio BIRMINGHAM, AL 142,603142.6k $4.5m $4.5m 0.12% Added +58.9k +58,921
48 WINNACLE WEALTH LLC 4.04% of their portfolio WACO, TX 139,622139.6k $4.4m $4.4m 4.04% New
49 Core Wealth Advisors, Inc. 1.36% of their portfolio LAKELAND, FL 135,839135.8k $4.3m $4.3m 1.36% Added +25.9k +25,859
50 BROWN WEALTH MANAGEMENT, LLC 1.45% of their portfolio NAPERVILLE, IL 133,947133.9k $4.2m $4.2m 1.45% Reduced -4.2k -4,236
51 Holos Integrated Wealth LLC 2.67% of their portfolio KENNETT SQUARE, PA 129,850129.8k $4.1m $4.1m 2.67% New
52 Trek Financial, LLC 0.29% of their portfolio Scottsdale, AZ 128,425128.4k $4.0m $4.0m 0.29% Reduced -2.7k -2,716
53 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 121,498121.5k $3.8m $3.8m 0.00% Added +17.5k +17,481
54 MILESTONE ASSET MANAGEMENT, LLC 0.75% of their portfolio PITTSBURGH, PA 111,530111.5k $3.5m $3.5m 0.75% Added +132 +132
55 Bison Wealth, LLC 0.33% of their portfolio ATLANTA, GA 111,089111.1k $3.5m $3.5m 0.33% New
56 Capital Investment Advisory Services, LLC 0.31% of their portfolio RALEIGH, NC 109,277109.3k $3.4m $3.4m 0.31% Added +56.5k +56,521
57 World Investment Advisors 0.09% of their portfolio LINCROFT, NJ 105,302105.3k $3.3m $3.3m 0.09% Reduced -3.7k -3,698
58 Legacy Wealth Managment, LLC/ID 2.26% of their portfolio BOISE, ID 99,11399.1k $3.1m $3.1m 2.26% Added +96.4k +96,447
59 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 90,70990.7k $2.8m $2.8m 0.01% Added +5.9k +5,935
60 Comprehensive Financial Consultants Institutional, Inc. 0.98% of their portfolio Bloomington, IN 87,40987.4k $2.7m $2.7m 0.98% Added +11.4k +11,411
61 Code Waechter LLC 2.19% of their portfolio TAMPA, FL 84,74684.7k $2.7m $2.7m 2.19% New
62 SFMG, LLC 0.20% of their portfolio PLANO, TX 82,30182.3k $2.6m $2.6m 0.20% Unchanged
63 ROVIN CAPITAL /UT/ /ADV 0.83% of their portfolio MESA, AZ 82,28982.3k $2.6m $2.6m 0.83% Added +10.7k +10,724
64 U.S. Capital Wealth Advisors, LLC 0.08% of their portfolio AUSTIN, TX 80,82680.8k $2.5m $2.5m 0.08% Added +50.9k +50,860
65 SILVER OAK SECURITIES, INCORPORATED 0.22% of their portfolio JACKSON, TN 76,30676.3k $2.4m $2.4m 0.22% Added +1.6k +1,643
66 BEACON FINANCIAL GROUP 0.26% of their portfolio DALLAS, TX 74,84374.8k $2.3m $2.3m 0.26% Added +57.0k +56,957
67 Cannon Advisors, Inc. 1.96% of their portfolio CHARLOTTE, NC 67,66067.7k $2.1m $2.1m 1.96% Reduced -382 -382
68 4J Wealth Management LLC 1.62% of their portfolio MCLEAN, VA 65,59765.6k $2.1m $2.1m 1.62% New
69 Chris Bulman Inc 1.30% of their portfolio ROSEVILLE, CA 65,38265.4k $2.1m $2.1m 1.30% Reduced -1.6k -1,564
70 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 62,80762.8k $2.0m $2.0m 0.00% Added +10.3k +10,320
71 Focus Financial Network, Inc. 0.08% of their portfolio MINNEAPOLIS, MN 59,91459.9k $1.9m $1.9m 0.08% Added +34.9k +34,899
72 Comprehensive Financial Planning, Inc./PA 1.75% of their portfolio EAST PETERSBURG, PA 57,47257.5k $1.8m $1.8m 1.75% Reduced -559 -559
73 INTEGRAL INVESTMENT ADVISORS, INC. 0.56% of their portfolio TURLOCK, CA 55,47155.5k $1.7m $1.7m 0.56% Unchanged
74 Archford Capital Strategies, LLC 0.25% of their portfolio SWANSEA, IL 55,10755.1k $1.7m $1.7m 0.25% New
75 Triumph Capital Management 0.57% of their portfolio DENVER, CO 54,88654.9k $1.7m $1.7m 0.57% Reduced -1.3k -1,277
76 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.05% of their portfolio LOS ANGELES, CA 54,79754.8k $1.7m $1.7m 0.05% Added +4.5k +4,531
77 Main Street Financial Solutions, LLC 0.15% of their portfolio NEWTOWN, PA 53,34853.3k $1.7m $1.7m 0.15% Added +5.0k +4,968
78 Beacon Pointe Advisors, LLC 0.02% of their portfolio NEWPORT BEACH, CA 52,44652.4k $1.6m $1.6m 0.02% Added +178 +178
79 Capital Analysts, LLC 0.06% of their portfolio FORT WASHINGTON, PA 51,65051.6k $1.6m $1.6m 0.06% Reduced -600 -600
80 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 50,69750.7k $1.6m $1.6m 0.01% Added +36.6k +36,616
81 Farther Finance Advisors, LLC 0.04% of their portfolio SAN FRANCISCO, CA 49,35249.4k $1.5m $1.5m 0.04% New
82 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 47,36747.4k $1.5m $1.5m 0.01% Added +6.9k +6,922
83 Gallagher Fiduciary Advisors, LLC 0.05% of their portfolio ROLLING MEADOWS, IL 45,84445.8k $1.4m $1.4m 0.05% Added +7.2k +7,213
84 BCS Wealth Management 0.37% of their portfolio JOHNSON CITY, TN 45,52645.5k $1.4m $1.4m 0.37% Added +2.3k +2,293
85 Belpointe Asset Management LLC 0.07% of their portfolio RENO, NV 44,73444.7k $1.4m $1.4m 0.07% New
86 MGO ONE SEVEN LLC 0.05% of their portfolio Beachwood, OH 44,12144.1k $1.4m $1.4m 0.05% Reduced -2.0k -2,000
87 Composition Wealth, LLC 0.03% of their portfolio LOS ANGELES, CA 43,99244.0k $1.4m $1.4m 0.03% Unchanged
88 KFG WEALTH MANAGEMENT, LLC 0.25% of their portfolio GRANGER, IN 43,98144.0k $1.4m $1.4m 0.25% New
89 Arkadios Wealth Advisors 0.05% of their portfolio ATLANTA, GA 43,63443.6k $1.4m $1.4m 0.05% Unchanged
90 Madison Wealth Partners, Inc 0.32% of their portfolio MADISON, WI 41,50141.5k $1.3m $1.3m 0.32% Added +6.0k +6,010
91 Ashton Thomas Private Wealth, LLC 0.05% of their portfolio SCOTTSDALE, AZ 41,43241.4k $1.3m $1.3m 0.05% New
92 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 40,41740.4k $1.3m $1.3m 0.00% Added +4.9k +4,902
93 INTEGRITY ALLIANCE, LLC. 0.05% of their portfolio Urbandale, IA 39,28239.3k $1.2m $1.2m 0.05% New
94 CoreCap Advisors, LLC 0.05% of their portfolio SOUTHFIELD, MI 37,62037.6k $1.2m $1.2m 0.05% Reduced -2.2k -2,232
95 Vantage Financial Partners, LLC 0.29% of their portfolio ELM GROVE, WI 37,21237.2k $1.2m $1.2m 0.29% Added +8.7k +8,714
96 Blue Trust, Inc. 0.01% of their portfolio BRENTWOOD, TN 36,06036.1k $1.1m $1.1m 0.01% Added +6.4k +6,367
97 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 35,93235.9k $1.1m $1.1m 0.01% Added +748 +748
98 RITHOLTZ WEALTH MANAGEMENT 0.03% of their portfolio NEW YORK, NY 35,27735.3k $1.1m $1.1m 0.03% Unchanged
99 Pachira Investments Inc. 0.77% of their portfolio DANA POINT, CA 34,84634.8k $1.1m $1.1m 0.77% Added +20.2k +20,219
100 CFO4Life Group, LLC 0.18% of their portfolio COPPELL, TX 34,69234.7k $1.1m $1.1m 0.18% New