Vault-13

INNOVATOR ETFS TRUST BALT

DEFINED WLT SHLD · ETP · CUSIP 45783Y855

226 institutional holders +26 vs Q2 2025
38,262,08138.3m shares reported held*
$1.3bnreported value*
36 new 117 added 44 reduced 10 sold out net bought ≈ $173.8m (+5.2m 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 ≈ $32.82.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 47Q4 22: 71Q1 23: 77Q2 23: 74Q3 23: 80Q4 23: 94Q1 24: 104Q2 24: 123Q3 24: 131Q4 24: 154Q1 25: 195Q2 25: 200Q3 25: 226226Q3 22Q2 23Q1 24Q4 24Q3 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
Q2 2025200
Q3 2025226

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 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 25Q2 25: 123 bought or addedQ2 25: 71 cut or sold outQ3 25: 153 bought or addedQ3 25: 54 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20235337
Q1 20246436
Q2 20247449
Q3 20248441
Q4 20249738
Q1 202514732
Q2 202512371
Q3 202515354

Biggest buyers

Reliant Wealth Planning Added +920,903+920.9k
LEE JOHNSON CAPITAL MANAGEMENT, LLC New +844,417+844.4k
RAYMOND JAMES FINANCIAL INC Added +413,938+413.9k
NewEdge Advisors, LLC Added +315,155+315.2k
Kingsview Wealth Management, LLC Added +312,476+312.5k
Foundations Investment Advisors, LLC Added +266,823+266.8k
LPL Financial LLC Added +198,722+198.7k
Cetera Investment Advisers Added +173,878+173.9k
Belpointe Asset Management LLC New +172,407+172.4k
WINNACLE WEALTH LLC New +158,327+158.3k

Biggest sellers

Wealthquest Corp Reduced -506,413-506.4k
ARQ WEALTH ADVISORS, LLC Sold out -240,997-241.0k
Core Wealth Advisors, Inc. Reduced -143,351-143.4k
Bison Wealth, LLC Sold out -119,440-119.4k
INDEPENDENT FINANCIAL GROUP, LLC Reduced -117,415-117.4k
Wick Capital Partners, LLC Reduced -69,296-69.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -65,978-66.0k
Stratos Investment Management, LLC Reduced -41,508-41.5k
Sigma Planning Corp Reduced -37,837-37.8k
TRUIST FINANCIAL CORP Reduced -27,916-27.9k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wealthquest Corp 6.93% of their portfolio CINCINNATI, OH 2,646,8562.6m $86.9m $86.9m 6.93% Reduced -506.4k -506,413
2 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 2,329,7952.3m $76.2m $76.2m 0.11% Added +23.6k +23,573
3 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,104,5172.1m $69.1m $69.1m 0.02% Added +413.9k +413,938
4 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,825,2071.8m $59.9m $59.9m 0.02% Added +107.7k +107,652
5 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 1,246,2561.2m $40.9m $40.9m 0.05% Added +173.9k +173,878
6 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 1,018,0851.0m $33.4m $33.4m 0.04% Reduced -66.0k -65,978
7 Orion Porfolio Solutions, LLC 0.25% of their portfolio OMAHA, NE 965,795965.8k $31.7m $31.7m 0.25% Added +124.0k +124,004
8 Reliant Wealth Planning 10.18% of their portfolio LOUISVILLE, KY 957,346957.3k $31.4m $31.4m 10.18% Added +920.9k +920,903
9 Crown Wealth Group, LLC 8.68% of their portfolio Charlotte, NC 880,090880.1k $28.9m $28.9m 8.68% Added +115.8k +115,754
10 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 1.63% of their portfolio Westlake, OH 858,514858.5k $28.2m $28.2m 1.63% Added +34.9k +34,886
11 Kingsview Wealth Management, LLC 0.42% of their portfolio GRANTS PASS, OR 845,829845.8k $27.8m $27.8m 0.42% Added +312.5k +312,476
12 LEE JOHNSON CAPITAL MANAGEMENT, LLC 9.21% of their portfolio FORT WORTH, TX 844,417844.4k $27.7m $27.7m 9.21% New
13 Brookstone Capital Management 0.30% of their portfolio WHEATON, IL 771,556771.6k $25.3m $25.3m 0.30% Added +131.5k +131,497
14 MTM FINANCIAL GROUP, LLC 12.23% of their portfolio BETHLEHEM, PA 755,993756.0k $24.8m $24.8m 12.23% Added +17.1k +17,108
15 Compass Advisory Group LLC 6.94% of their portfolio MELVILLE, NY 753,513753.5k $24.7m $24.7m 6.94% Added +59.1k +59,150
16 Kure Advisory, LLC 14.87% of their portfolio PLYMOUTH, MN 734,071734.1k $24.1m $24.1m 14.87% Added +28.6k +28,572
17 CWM, LLC 0.07% of their portfolio OMAHA, NE 682,438682.4k $22.4m $22.4m 0.07% Added +10.1k +10,059
18 Clear Creek Financial Management, LLC 1.60% of their portfolio SILVERDALE, WA 561,243561.2k $18.4m $18.4m 1.60% Reduced -26.9k -26,942
19 AE Wealth Management LLC 0.11% of their portfolio TOPEKA, KS 540,794540.8k $17.7m $17.7m 0.11% Added +46.4k +46,427
20 Foundations Investment Advisors, LLC 0.26% of their portfolio PHOENIX, AZ 535,146535.1k $17.6m $17.6m 0.26% Added +266.8k +266,823
21 HARBOUR INVESTMENTS, INC. 0.38% of their portfolio MADISON, WI 514,280514.3k $16.9m $16.9m 0.38% Added +22.3k +22,336
22 CENTAURUS FINANCIAL, INC. 0.76% of their portfolio ANAHEIM, CA 495,245495.2k $16.3m $16.3m 0.76% Added +34.7k +34,698
23 Wealthcare Advisory Partners LLC 0.34% of their portfolio WEST CHESTER, PA 491,952492.0k $16.1m $16.1m 0.34% Added +24.6k +24,637
24 NBZ Investment Advisors LLC 7.56% of their portfolio KNOXVILLE, TN 440,153440.2k $14.4m $14.4m 7.56% Added +22.9k +22,873
25 Sunbelt Securities, Inc. 0.97% of their portfolio HOUSTON, TX 428,335428.3k $14.1m $14.1m 0.97% Added +6.6k +6,591
26 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 412,363412.4k $13.5m $13.5m 0.06% Added +315.2k +315,155
27 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 398,592398.6k $13.1m $13.1m 0.00% Added +198.7k +198,722
28 CRA Financial Services, LLC 1.75% of their portfolio NORTHFIELD, NJ 389,414389.4k $12.8m $12.8m 1.75% Added +67.8k +67,802
29 CPC Advisors, LLC 1.31% of their portfolio Atlanta, GA 377,142377.1k $12.4m $12.4m 1.31% Added +9.9k +9,898
30 PTM WEALTH MANAGEMENT, LLC 6.64% of their portfolio NORTH WALES, PA 338,888338.9k $11.1m $11.1m 6.64% Added +16.9k +16,861
31 Glen Eagle Advisors, LLC 1.55% of their portfolio KINGSTON, NJ 338,871338.9k $11.1m $11.1m 1.55% Added +50.0k +49,954
32 Stratos Wealth Advisors, LLC 0.51% of their portfolio BEACHWOOD, OH 321,541321.5k $10.6m $10.6m 0.51% Added +27.6k +27,590
33 Visionary Wealth Advisors 0.49% of their portfolio O'FALLON, IL 317,882317.9k $10.4m $10.4m 0.49% Added +152.7k +152,689
34 CENTRAL VALLEY ADVISORS, LLC 3.20% of their portfolio SACRAMENTO, CA 314,840314.8k $10.3m $10.3m 3.20% Added +1.0k +1,034
35 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 289,734289.7k $9.5m $9.5m 0.04% Reduced -14.8k -14,791
36 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 1.53% of their portfolio BERMUDA RUN, NC 286,956287.0k $9.4m $9.4m 1.53% Reduced -2.2k -2,239
37 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 272,565272.6k $8.9m $8.9m 0.02% Added +82.0k +81,970
38 Sigma Planning Corp 0.25% of their portfolio ANN ARBOR, MI 265,315265.3k $8.7m $8.7m 0.25% Reduced -37.8k -37,837
39 Sovran Advisors, LLC 0.75% of their portfolio SAN DIEGO, CA 256,777256.8k $8.5m $8.5m 0.75% Added +10.3k +10,260
40 Strategic Blueprint, LLC 0.36% of their portfolio ATLANTA, GA 250,579250.6k $8.2m $8.2m 0.36% Added +9.1k +9,062
41 Mutual Advisors, LLC 0.18% of their portfolio OMAHA, NE 244,552244.6k $8.1m $8.1m 0.18% Reduced -14.2k -14,196
42 Dominguez Wealth Management Solutions, Inc. 5.06% of their portfolio WILLIAMSBURG, VA 243,336243.3k $8.0m $8.0m 5.06% Added +19.9k +19,861
43 Long Island Wealth Management, Inc. 3.81% of their portfolio MELVILLE, NY 238,666238.7k $7.8m $7.8m 3.81% Added +26.3k +26,269
44 INDEPENDENT FINANCIAL GROUP, LLC 0.16% of their portfolio SAN DIEGO, CA 201,023201.0k $6.6m $6.6m 0.16% Reduced -117.4k -117,415
45 Prairie Wealth Advisors, Inc. 2.68% of their portfolio OMAHA, NE 198,855198.9k $6.5m $6.5m 2.68% Reduced -10.6k -10,564
46 Stratos Investment Management, LLC 0.26% of their portfolio BEACHWOOD, OH 193,165193.2k $6.3m $6.3m 0.26% Reduced -41.5k -41,508
47 Financial Designs Corp 3.59% of their portfolio CLAREMONT, CA 187,621187.6k $6.2m $6.2m 3.59% Added +942 +942
48 Farther Finance Advisors, LLC 0.09% of their portfolio SAN FRANCISCO, CA 181,096181.1k $5.9m $5.9m 0.09% Added +108.2k +108,167
49 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 178,464178.5k $5.9m $5.9m 0.02% Added +46.7k +46,670
50 ROVIN CAPITAL /UT/ /ADV 0.82% of their portfolio MESA, AZ 174,567174.6k $5.7m $5.7m 0.82% Added +87.8k +87,831
51 Belpointe Asset Management LLC 0.22% of their portfolio RENO, NV 172,407172.4k $5.7m $5.7m 0.22% New
52 Capital Investment Advisory Services, LLC 0.43% of their portfolio RALEIGH, NC 165,278165.3k $5.4m $5.4m 0.43% Added +18.9k +18,864
53 KESTRA PRIVATE WEALTH SERVICES, LLC 0.07% of their portfolio AUSTIN, TX 161,810161.8k $5.3m $5.3m 0.07% Added +22.5k +22,488
54 WINNACLE WEALTH LLC 4.09% of their portfolio WACO, TX 158,327158.3k $5.2m $5.2m 4.09% New
55 Holos Integrated Wealth LLC 2.99% of their portfolio KENNETT SQUARE, PA 155,478155.5k $5.1m $5.1m 2.99% Added +9.1k +9,050
56 4J Wealth Management LLC 2.81% of their portfolio MCLEAN, VA 145,643145.6k $4.8m $4.8m 2.81% Reduced -8.5k -8,485
57 BROWN WEALTH MANAGEMENT, LLC 1.33% of their portfolio NAPERVILLE, IL 144,239144.2k $4.7m $4.7m 1.33% Added +10.7k +10,745
58 Whipplewood Advisors, LLC 3.08% of their portfolio LITTLETON, CO 142,669142.7k $4.7m $4.7m 3.08% Added +5.6k +5,616
59 Archer Investment Corp 1.05% of their portfolio Carmel, IN 142,189142.2k $4.7m $4.7m 1.05% New
60 Trek Financial, LLC 0.26% of their portfolio Scottsdale, AZ 132,392132.4k $4.3m $4.3m 0.26% Reduced -3.2k -3,167
61 Code Waechter LLC 2.81% of their portfolio TAMPA, FL 131,413131.4k $4.3m $4.3m 2.81% Added +38.0k +37,997
62 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 127,408127.4k $4.2m $4.2m 0.01% Reduced -27.9k -27,916
63 CoreCap Advisors, LLC 0.14% of their portfolio SOUTHFIELD, MI 117,794117.8k $3.9m $3.9m 0.14% Added +79.9k +79,949
64 BEACON FINANCIAL GROUP 0.38% of their portfolio DALLAS, TX 117,694117.7k $3.9m $3.9m 0.38% Added +8.0k +7,969
65 Archford Capital Strategies, LLC 0.45% of their portfolio SWANSEA, IL 115,939115.9k $3.8m $3.8m 0.45% Added +51.7k +51,725
66 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 115,576115.6k $3.8m $3.8m 0.02% Added +4.0k +4,013
67 World Investment Advisors 0.08% of their portfolio LINCROFT, NJ 113,539113.5k $3.7m $3.7m 0.08% Reduced -1.3k -1,292
68 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 111,482111.5k $3.7m $3.7m 0.03% Reduced -8.8k -8,778
69 MILESTONE ASSET MANAGEMENT, LLC 0.68% of their portfolio PITTSBURGH, PA 108,652108.7k $3.6m $3.6m 0.68% Reduced -1.4k -1,443
70 NEW WAVE WEALTH ADVISORS LLC 0.72% of their portfolio SPRINGDALE, AR 108,372108.4k $3.5m $3.5m 0.72% Added +60.5k +60,532
71 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 107,630107.6k $3.5m $3.5m 0.02% Added +19.3k +19,287
72 RFG Advisory, LLC 0.07% of their portfolio BIRMINGHAM, AL 106,180106.2k $3.5m $3.5m 0.07% Reduced -3.9k -3,875
73 KFG WEALTH MANAGEMENT, LLC 0.50% of their portfolio GRANGER, IN 106,040106.0k $3.5m $3.5m 0.50% Added +47.1k +47,103
74 Mach-1 Financial Group, LLC 0.54% of their portfolio Rogers, AR 103,714103.7k $3.4m $3.4m 0.54% New
75 Integrity Advisory Solutions, LLC 0.54% of their portfolio DALLAS, TX 103,714103.7k $3.4m $3.4m 0.54% First filing
76 Comprehensive Financial Consultants Institutional, Inc. 0.93% of their portfolio Bloomington, IN 91,52491.5k $3.0m $3.0m 0.93% Added +3.5k +3,496
77 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 89,68989.7k $2.9m $2.9m 0.03% Added +29.8k +29,789
78 SFMG, LLC 0.20% of their portfolio PLANO, TX 86,64686.6k $2.8m $2.8m 0.20% Added +4.3k +4,345
79 U.S. Capital Wealth Advisors, LLC 0.08% of their portfolio AUSTIN, TX 86,21286.2k $2.8m $2.8m 0.08% Added +2.5k +2,490
80 Triad Wealth Partners, LLC 0.35% of their portfolio LAWRENCE, KS 82,01382.0k $2.7m $2.7m 0.35% Added +47.0k +46,981
81 Focus Financial Network, Inc. 0.09% of their portfolio MINNEAPOLIS, MN 80,90180.9k $2.7m $2.7m 0.09% Added +14.7k +14,712
82 Triton Financial Group Inc 1.78% of their portfolio Oklahoma City, OK 80,81580.8k $2.7m $2.7m 1.78% Reduced -967 -967
83 VICUS CAPITAL 0.20% of their portfolio STATE COLLEGE, PA 80,51980.5k $2.6m $2.6m 0.20% New
84 Cannon Advisors, Inc. 1.77% of their portfolio CHARLOTTE, NC 80,06680.1k $2.6m $2.6m 1.77% Added +9.1k +9,065
85 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.05% of their portfolio LOS ANGELES, CA 66,25866.3k $2.2m $2.2m 0.05% Added +4.9k +4,860
86 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 65,94865.9k $2.2m $2.2m 0.02% New
87 Palumbo Wealth Management LLC 0.39% of their portfolio GREAT NECK, NY 63,69263.7k $1.2m $1.2m 0.39% Added +21.2k +21,230
88 HBW ADVISORY SERVICES LLC 0.23% of their portfolio SIMI VALLEY, CA 61,71561.7k $2.0m $2.0m 0.23% Added +13.4k +13,360
89 Diversify Advisory Services, LLC 0.07% of their portfolio SANDY, UT 61,49061.5k $2.0m $2.0m 0.07% Added +26.9k +26,940
90 Comprehensive Financial Planning, Inc./PA 1.35% of their portfolio EAST PETERSBURG, PA 59,93959.9k $2.0m $2.0m 1.35% Added +1.1k +1,144
91 Beacon Pointe Advisors, LLC 0.02% of their portfolio NEWPORT BEACH, CA 59,88159.9k $2.0m $2.0m 0.02% Added +5.1k +5,087
92 Applied Capital LLC 0.77% of their portfolio LITTLE ROCK, AR 58,60158.6k $1.9m $1.9m 0.77% Added +22.3k +22,302
93 Fiscal Wisdom Wealth Management, LLC 1.81% of their portfolio Canton, CT 58,07358.1k $1.9m $1.9m 1.81% First filing
94 Triumph Capital Management 0.51% of their portfolio DENVER, CO 57,87957.9k $1.9m $1.9m 0.51% Added +17.8k +17,761
95 Ausdal Financial Partners, Inc. 0.09% of their portfolio Davenport, IA 57,40157.4k $1.9m $1.9m 0.09% Added +23.0k +23,005
96 INTEGRAL INVESTMENT ADVISORS, INC. 0.49% of their portfolio TURLOCK, CA 55,47155.5k $1.8m $1.8m 0.49% Unchanged
97 SILVER OAK SECURITIES, INCORPORATED 0.14% of their portfolio JACKSON, TN 55,04855.0k $1.8m $1.8m 0.14% Reduced -11.9k -11,921
98 Main Street Financial Solutions, LLC 0.11% of their portfolio NEWTOWN, PA 53,85453.9k $1.8m $1.8m 0.11% Added +506 +506
99 Capital Analysts, LLC 0.05% of their portfolio FORT WASHINGTON, PA 51,46751.5k $1.7m $1.7m 0.05% Reduced -404 -404
100 IHT Wealth Management, LLC 0.04% of their portfolio Chicago, IL 51,31351.3k $1.7m $1.7m 0.04% New