Vault-13

INNOVATOR ETFS TRUST BALT

DEFINED WLT SHLD · ETP · CUSIP 45783Y855

263 institutional holders +37 vs Q3 2025
45,322,89845.3m shares reported held*
$1.5bnreported value*
37 new 120 added 62 reduced 16 sold out net bought ≈ $210.4m (+6.3m 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 ≈ $33.66.

Trends to Q4 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: 226Q4 25: 263263Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025263

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 64 bought or addedQ1 24: 36 cut or sold outQ2 24: 74 bought or addedQ2 24: 49 cut or sold outQ2 24Q3 24: 84 bought or addedQ3 24: 41 cut or sold outQ4 24: 97 bought or addedQ4 24: 38 cut or sold outQ4 24Q1 25: 147 bought or addedQ1 25: 32 cut or sold outQ2 25: 123 bought or addedQ2 25: 71 cut or sold outQ2 25Q3 25: 153 bought or addedQ3 25: 54 cut or sold outQ4 25: 157 bought or addedQ4 25: 78 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20246436
Q2 20247449
Q3 20248441
Q4 20249738
Q1 202514732
Q2 202512371
Q3 202515354
Q4 202515778

Biggest buyers

JPMORGAN CHASE & CO Added +4,008,471+4.0m
Foundations Investment Advisors, LLC Added +691,493+691.5k
Cetera Investment Advisers Added +282,713+282.7k
JANE STREET GROUP, LLC New +256,318+256.3k
Aptus Capital Advisors, LLC New +232,706+232.7k
World Investment Advisors Added +221,247+221.2k
NewEdge Advisors, LLC Added +187,565+187.6k
AXXCESS WEALTH MANAGEMENT, LLC New +173,873+173.9k
Kingsview Wealth Management, LLC Added +161,394+161.4k
AE Wealth Management LLC Added +147,747+147.7k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -710,859-710.9k
C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors Reduced -700,888-700.9k
Wealthquest Corp Reduced -284,276-284.3k
Prairie Wealth Advisors, Inc. Reduced -198,855-198.9k
4J Wealth Management LLC Reduced -138,607-138.6k
RAYMOND JAMES FINANCIAL INC Reduced -104,840-104.8k
Mach-1 Financial Group, LLC Sold out -103,714-103.7k
ROVIN CAPITAL /UT/ /ADV Reduced -85,560-85.6k
Financial Designs Corp Reduced -55,724-55.7k
HARBOUR INVESTMENTS, INC. Reduced -51,926-51.9k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 4,025,9294.0m $134.9m $134.9m 0.01% Added +4.0m +4,008,471
2 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 2,441,1392.4m $81.8m $81.8m 0.12% Added +111.3k +111,344
3 Wealthquest Corp 5.98% of their portfolio CINCINNATI, OH 2,362,5802.4m $79.2m $79.2m 5.98% Reduced -284.3k -284,276
4 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,999,6772.0m $67.0m $67.0m 0.02% Reduced -104.8k -104,840
5 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,528,9691.5m $51.2m $51.2m 0.06% Added +282.7k +282,713
6 Foundations Investment Advisors, LLC 0.54% of their portfolio PHOENIX, AZ 1,226,6391.2m $41.1m $41.1m 0.54% Added +691.5k +691,493
7 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,114,3481.1m $37.3m $37.3m 0.01% Reduced -710.9k -710,859
8 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 1,106,8381.1m $37.1m $37.1m 0.05% Added +88.8k +88,753
9 Orion Porfolio Solutions, LLC 0.25% of their portfolio OMAHA, NE 1,011,4501.0m $33.9m $33.9m 0.25% Added +45.7k +45,655
10 Kingsview Wealth Management, LLC 0.49% of their portfolio GRANTS PASS, OR 1,007,2231.0m $33.8m $33.8m 0.49% Added +161.4k +161,394
11 Reliant Wealth Planning 10.23% of their portfolio LOUISVILLE, KY 977,177977.2k $32.7m $32.7m 10.23% Added +19.8k +19,831
12 Crown Wealth Group, LLC 8.88% of their portfolio Charlotte, NC 948,772948.8k $31.8m $31.8m 8.88% Added +68.7k +68,682
13 Brookstone Capital Management 0.35% of their portfolio WHEATON, IL 916,528916.5k $30.7m $30.7m 0.35% Added +145.0k +144,972
14 LEE JOHNSON CAPITAL MANAGEMENT, LLC 9.45% of their portfolio FORT WORTH, TX 821,980822.0k $27.5m $27.5m 9.45% Reduced -22.4k -22,437
15 Compass Advisory Group LLC 7.30% of their portfolio MELVILLE, NY 806,808806.8k $27.0m $27.0m 7.30% Added +53.3k +53,295
16 CWM, LLC 0.07% of their portfolio OMAHA, NE 787,260787.3k $26.4m $26.4m 0.07% Added +104.8k +104,822
17 MTM FINANCIAL GROUP, LLC 12.46% of their portfolio BETHLEHEM, PA 778,568778.6k $26.1m $26.1m 12.46% Added +22.6k +22,575
18 AE Wealth Management LLC 0.13% of their portfolio TOPEKA, KS 688,541688.5k $23.1m $23.1m 0.13% Added +147.7k +147,747
19 Kure Advisory, LLC 12.89% of their portfolio PLYMOUTH, MN 688,012688.0k $23.1m $23.1m 12.89% Reduced -46.1k -46,059
20 Clear Creek Financial Management, LLC 1.66% of their portfolio SILVERDALE, WA 605,866605.9k $20.3m $20.3m 1.66% Added +44.6k +44,623
21 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 599,928599.9k $20.1m $20.1m 0.07% Added +187.6k +187,565
22 CENTAURUS FINANCIAL, INC. 0.78% of their portfolio ANAHEIM, CA 508,730508.7k $17.0m $17.0m 0.78% Added +13.5k +13,485
23 Wealthcare Advisory Partners LLC 0.33% of their portfolio WEST CHESTER, PA 499,408499.4k $16.7m $16.7m 0.33% Added +7.5k +7,456
24 NBZ Investment Advisors LLC 7.14% of their portfolio KNOXVILLE, TN 488,298488.3k $16.4m $16.4m 7.14% Added +48.1k +48,145
25 HARBOUR INVESTMENTS, INC. 0.31% of their portfolio MADISON, WI 462,354462.4k $15.5m $15.5m 0.31% Reduced -51.9k -51,926
26 Sunbelt Securities, Inc. 1.02% of their portfolio HOUSTON, TX 457,687457.7k $15.3m $15.3m 1.02% Added +29.4k +29,352
27 CRA Financial Services, LLC 1.87% of their portfolio NORTHFIELD, NJ 426,872426.9k $14.3m $14.3m 1.87% Added +37.5k +37,458
28 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 413,977414.0k $13.9m $13.9m 0.00% Added +15.4k +15,385
29 CPC Advisors, LLC 1.30% of their portfolio Atlanta, GA 384,454384.5k $12.9m $12.9m 1.30% Added +7.3k +7,312
30 Glen Eagle Advisors, LLC 1.72% of their portfolio KINGSTON, NJ 376,167376.2k $12.6m $12.6m 1.72% Added +37.3k +37,296
31 Visionary Wealth Advisors 0.56% of their portfolio O'FALLON, IL 372,679372.7k $12.5m $12.5m 0.56% Added +54.8k +54,797
32 PTM WEALTH MANAGEMENT, LLC 6.84% of their portfolio NORTH WALES, PA 361,461361.5k $12.1m $12.1m 6.84% Added +22.6k +22,573
33 Strategic Blueprint, LLC 0.69% of their portfolio ATLANTA, GA 346,476346.5k $11.6m $11.6m 0.69% Added +95.9k +95,897
34 Stratos Wealth Advisors, LLC 0.55% of their portfolio BEACHWOOD, OH 336,838336.8k $11.3m $11.3m 0.55% Added +15.3k +15,297
35 World Investment Advisors 0.18% of their portfolio LINCROFT, NJ 334,786334.8k $11.2m $11.2m 0.18% Added +221.2k +221,247
36 CENTRAL VALLEY ADVISORS, LLC 3.19% of their portfolio SACRAMENTO, CA 318,575318.6k $10.7m $10.7m 3.19% Added +3.7k +3,735
37 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 315,391315.4k $10.6m $10.6m 0.04% Added +25.7k +25,657
38 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 308,486308.5k $10.3m $10.3m 0.03% Added +35.9k +35,921
39 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 1.52% of their portfolio BERMUDA RUN, NC 286,781286.8k $9.6m $9.6m 1.52% Reduced -175 -175
40 Mutual Advisors, LLC 0.20% of their portfolio OMAHA, NE 284,038284.0k $9.5m $9.5m 0.20% Added +39.5k +39,486
41 ATX Financial Planning, LLC 7.01% of their portfolio AUSTIN, TX 271,401271.4k $9.1m $9.1m 7.01% First filing
42 Sigma Planning Corp 0.25% of their portfolio ANN ARBOR, MI 265,399265.4k $8.9m $8.9m 0.25% Added +84 +84
43 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 256,318256.3k $8.6m $8.6m 0.01% New
44 Dominguez Wealth Management Solutions, Inc. 5.24% of their portfolio WILLIAMSBURG, VA 255,554255.6k $8.6m $8.6m 5.24% Added +12.2k +12,218
45 Sovran Advisors, LLC 0.73% of their portfolio SAN DIEGO, CA 254,534254.5k $8.6m $8.6m 0.73% Reduced -2.2k -2,243
46 Long Island Wealth Management, Inc. 3.89% of their portfolio MELVILLE, NY 245,563245.6k $8.2m $8.2m 3.89% Added +6.9k +6,897
47 OneDigital Investment Advisors LLC 0.08% of their portfolio OVERLAND PARK, KS 234,354234.4k $7.9m $7.9m 0.08% Added +144.7k +144,665
48 Aptus Capital Advisors, LLC 0.07% of their portfolio FAIRHOPE, AL 232,706232.7k $7.8m $7.8m 0.07% New
49 Archer Investment Corp 1.73% of their portfolio Carmel, IN 228,736228.7k $7.7m $7.7m 1.73% Added +86.5k +86,547
50 Farther Finance Advisors, LLC 0.08% of their portfolio SAN FRANCISCO, CA 211,740211.7k $7.1m $7.1m 0.08% Added +30.6k +30,644
51 INDEPENDENT FINANCIAL GROUP, LLC 0.15% of their portfolio SAN DIEGO, CA 206,216206.2k $6.9m $6.9m 0.15% Added +5.2k +5,193
52 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 198,652198.7k $6.7m $6.7m 0.02% Added +20.2k +20,188
53 Stratos Investment Management, LLC 0.25% of their portfolio BEACHWOOD, OH 184,314184.3k $6.2m $6.2m 0.25% Reduced -8.9k -8,851
54 AXXCESS WEALTH MANAGEMENT, LLC 0.10% of their portfolio CARLSBAD, CA 173,873173.9k $5.8m $5.8m 0.10% New
55 Capital Investment Advisory Services, LLC 0.41% of their portfolio RALEIGH, NC 173,188173.2k $5.8m $5.8m 0.41% Added +7.9k +7,910
56 Belpointe Asset Management LLC 0.20% of their portfolio RENO, NV 169,257169.3k $5.7m $5.7m 0.20% Reduced -3.1k -3,150
57 KESTRA PRIVATE WEALTH SERVICES, LLC 0.07% of their portfolio AUSTIN, TX 168,319168.3k $5.6m $5.6m 0.07% Added +6.5k +6,509
58 Holos Integrated Wealth LLC 3.08% of their portfolio KENNETT SQUARE, PA 164,765164.8k $5.5m $5.5m 3.08% Added +9.3k +9,287
59 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 162,145162.1k $5.4m $5.4m 0.01% Added +34.7k +34,737
60 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.32% of their portfolio Westlake, OH 157,626157.6k $5.3m $5.3m 0.32% Reduced -700.9k -700,888
61 WINNACLE WEALTH LLC 3.74% of their portfolio WACO, TX 149,021149.0k $5.1m $5.1m 3.74% Reduced -9.3k -9,306
62 BROWN WEALTH MANAGEMENT, LLC 1.27% of their portfolio NAPERVILLE, IL 144,239144.2k $4.8m $4.8m 1.27% Unchanged
63 Whipplewood Advisors, LLC 3.07% of their portfolio LITTLETON, CO 142,459142.5k $4.8m $4.8m 3.07% Reduced -210 -210
64 Trek Financial, LLC 0.28% of their portfolio Scottsdale, AZ 141,888141.9k $4.8m $4.8m 0.28% Added +9.5k +9,496
65 KFG WEALTH MANAGEMENT, LLC 0.61% of their portfolio GRANGER, IN 136,187136.2k $4.6m $4.6m 0.61% Added +30.1k +30,147
66 Ausdal Financial Partners, Inc. 0.21% of their portfolio Davenport, IA 135,447135.4k $4.5m $4.5m 0.21% Added +78.0k +78,046
67 BEACON FINANCIAL GROUP 0.45% of their portfolio DALLAS, TX 134,822134.8k $4.5m $4.5m 0.45% Added +17.1k +17,128
68 CoreCap Advisors, LLC 0.16% of their portfolio SOUTHFIELD, MI 132,873132.9k $4.5m $4.5m 0.16% Added +15.1k +15,079
69 Financial Designs Corp 2.50% of their portfolio CLAREMONT, CA 131,897131.9k $4.4m $4.4m 2.50% Reduced -55.7k -55,724
70 Code Waechter LLC 2.78% of their portfolio TAMPA, FL 129,116129.1k $4.3m $4.3m 2.78% Reduced -2.3k -2,297
71 U.S. Capital Wealth Advisors, LLC 0.11% of their portfolio AUSTIN, TX 125,562125.6k $4.2m $4.2m 0.11% Added +39.4k +39,350
72 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 121,505121.5k $4.1m $4.1m 0.02% Added +5.9k +5,929
73 Archford Capital Strategies, LLC 0.47% of their portfolio SWANSEA, IL 120,031120.0k $4.0m $4.0m 0.47% Added +4.1k +4,092
74 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 112,690112.7k $3.8m $3.8m 0.02% Added +5.1k +5,060
75 RFG Advisory, LLC 0.07% of their portfolio BIRMINGHAM, AL 111,985112.0k $3.8m $3.8m 0.07% Added +5.8k +5,805
76 Integrity Advisory Solutions, LLC 0.53% of their portfolio DALLAS, TX 109,407109.4k $3.7m $3.7m 0.53% Added +5.7k +5,693
77 MILESTONE ASSET MANAGEMENT, LLC 0.69% of their portfolio PITTSBURGH, PA 108,511108.5k $3.6m $3.6m 0.69% Reduced -141 -141
78 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 105,359105.4k $3.5m $3.5m 0.02% New
79 LAUREL OAK WEALTH MANAGEMENT, LLC 0.57% of their portfolio MARLTON, NJ 100,235100.2k $3.4m $3.4m 0.57% First filing
80 Pachira Investments Inc. 1.60% of their portfolio DANA POINT, CA 98,31398.3k $3.3m $3.3m 1.60% Added +56.2k +56,203
81 Triad Wealth Partners, LLC 0.31% of their portfolio LAWRENCE, KS 97,74597.7k $3.3m $3.3m 0.31% Added +15.7k +15,732
82 Comprehensive Financial Consultants Institutional, Inc. 0.96% of their portfolio Bloomington, IN 94,49494.5k $3.2m $3.2m 0.96% Added +3.0k +2,970
83 SFMG, LLC 0.21% of their portfolio PLANO, TX 92,85492.9k $3.1m $3.1m 0.21% Added +6.2k +6,208
84 Triton Financial Group Inc 1.99% of their portfolio Oklahoma City, OK 89,47189.5k $3.0m $3.0m 1.99% Added +8.7k +8,656
85 ROVIN CAPITAL /UT/ /ADV 0.79% of their portfolio MESA, AZ 89,00789.0k $3.0m $3.0m 0.79% Reduced -85.6k -85,560
86 JOURNEY RETIREMENT PLANNING & INVESTMENT MANAGEMENT LLC 0.61% of their portfolio AMMON, ID 88,94488.9k $3.0m $3.0m 0.61% First filing
87 Ballast Rock Private Wealth LLC 1.83% of their portfolio CHARLESTON, SC 87,37987.4k $2.9m $2.9m 1.83% First filing
88 CreativeOne Wealth, LLC 0.07% of their portfolio OVERLAND PARK, KS 83,84683.8k $2.8m $2.8m 0.07% Added +57.5k +57,545
89 VICUS CAPITAL 0.21% of their portfolio STATE COLLEGE, PA 83,30083.3k $2.8m $2.8m 0.21% Added +2.8k +2,781
90 NewCorp Financial Services, Inc. 2.44% of their portfolio ALPHARETTA, GA 82,11582.1k $2.8m $2.8m 2.44% First filing
91 NEW WAVE WEALTH ADVISORS LLC 1.01% of their portfolio SPRINGDALE, AR 81,99482.0k $2.7m $2.7m 1.01% Reduced -26.4k -26,378
92 Diversify Advisory Services, LLC 0.08% of their portfolio SANDY, UT 79,06079.1k $2.7m $2.7m 0.08% Added +17.6k +17,570
93 Applied Capital LLC 0.99% of their portfolio LITTLE ROCK, AR 76,46076.5k $2.6m $2.6m 0.99% Added +17.9k +17,859
94 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 75,10075.1k $2.5m $2.5m 0.00% Added +73.3k +73,349
95 HBW ADVISORY SERVICES LLC 0.27% of their portfolio SIMI VALLEY, CA 74,12574.1k $2.5m $2.5m 0.27% Added +12.4k +12,410
96 Focus Financial Network, Inc. 0.09% of their portfolio MINNEAPOLIS, MN 74,07174.1k $2.5m $2.5m 0.09% Reduced -6.8k -6,830
97 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.05% of their portfolio LOS ANGELES, CA 72,05772.1k $2.4m $2.4m 0.05% Added +5.8k +5,799
98 Atria Investments, Inc 0.03% of their portfolio Charlotte, NC 70,60870.6k $2.4m $2.4m 0.03% Added +4.7k +4,660
99 Cannon Advisors, Inc. 1.66% of their portfolio CHARLOTTE, NC 69,84769.8k $2.3m $2.3m 1.66% Reduced -10.2k -10,219
100 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 69,49969.5k $2.3m $2.3m 0.02% Reduced -42.0k -41,983