Vault-13

INNOVATOR ETFS TRUST ZSEP

EQUITY DEFINED P · ETP · CUSIP 45784N106

82 institutional holders +1 vs Q4 2025
3,182,2393.2m shares reported held*
$85.0mreported value*
6 new 8 added 32 reduced 4 sold out net bought ≈ $4.0m (+150.7k 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 ≈ $26.72.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 24: 53Q4 24: 57Q1 25: 55Q2 25: 58Q3 25: 77Q4 25: 81Q1 26: 8282Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q3 202453
Q4 202457
Q1 202555
Q2 202558
Q3 202577
Q4 202581
Q1 202682

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 24: 26 bought or addedQ4 24: 19 cut or sold outQ4 24Q1 25: 10 bought or addedQ1 25: 22 cut or sold outQ1 25Q2 25: 10 bought or addedQ2 25: 21 cut or sold outQ2 25Q3 25: 49 bought or addedQ3 25: 18 cut or sold outQ3 25Q4 25: 20 bought or addedQ4 25: 40 cut or sold outQ4 25Q1 26: 14 bought or addedQ1 26: 36 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q4 20242619
Q1 20251022
Q2 20251021
Q3 20254918
Q4 20252040
Q1 20261436

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC Added +477,549+477.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +48,865+48.9k
GOLDMAN SACHS GROUP INC New +21,181+21.2k
Patriot Financial Group Insurance Agency, LLC New +8,800+8.8k
BARCLAYS PLC Added +7,231+7.2k
Ashton Thomas Private Wealth, LLC New +5,695+5.7k
AE Wealth Management LLC Added +5,585+5.6k
Kestra Advisory Services, LLC Added +5,549+5.5k
Key Capital Management, INC Added +3,513+3.5k
HOWARD BAILEY SECURITIES, LLC Added +2,272+2.3k

Biggest sellers

Legacy CG, LLC Sold out -271,749-271.7k
Noble Wealth Management PBC Reduced -37,431-37.4k
RAYMOND JAMES FINANCIAL INC Reduced -37,079-37.1k
Lloyd Advisory Services, LLC. Sold out -12,952-13.0k
Brookstone Capital Management Reduced -10,348-10.3k
HARBOUR INVESTMENTS, INC. Reduced -7,608-7.6k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -7,520-7.5k
AXXCESS WEALTH MANAGEMENT, LLC Sold out -7,497-7.5k
SageView Advisory Group, LLC Sold out -6,200-6.2k
FC Advisory LLC Reduced -6,110-6.1k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 511,193511.2k $13.7m $13.7m 0.00% Added +477.5k +477,549
2 SIGNATUREFD, LLC 0.12% of their portfolio ATLANTA, GA 282,800282.8k $7.6m $7.6m 0.12% Unchanged
3 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 182,307182.3k $4.9m $4.9m 0.03% Added +5.6k +5,585
4 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 176,307176.3k $4.7m $4.7m 0.02% Added +5.5k +5,549
5 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 152,052152.1k $4.1m $4.1m 0.01% Reduced -7.5k -7,520
6 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 129,425129.4k $3.5m $3.5m 0.00% Unchanged
7 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 115,069115.1k $3.1m $3.1m 0.00% Reduced -3.1k -3,091
8 KFG WEALTH MANAGEMENT, LLC 0.40% of their portfolio GRANGER, IN 115,001115.0k $3.1m $3.1m 0.40% Reduced -69 -69
9 Csenge Advisory Group 0.11% of their portfolio CLEARWATER, FL 85,89585.9k $2.3m $2.3m 0.11% Reduced -1.8k -1,795
10 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 79,75579.8k $2.1m $2.1m 0.00% Reduced -1.2k -1,213
11 HOWARD BAILEY SECURITIES, LLC 0.84% of their portfolio FORT WAYNE, IN 76,10076.1k $2.0m $2.0m 0.84% Added +2.3k +2,272
12 Noble Wealth Management PBC 1.00% of their portfolio GREENWOOD VILLAGE, CO 72,88972.9k $1.9m $1.9m 1.00% Reduced -37.4k -37,431
13 CENTAURUS FINANCIAL, INC. 0.07% of their portfolio ANAHEIM, CA 55,97356.0k $1.5m $1.5m 0.07% Unchanged
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 48,86548.9k $1.3m $1.3m 0.00% New
15 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 44,73544.7k $1.2m $1.2m 0.00% Added +1.9k +1,893
16 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 42,48842.5k $1.1m $1.1m 0.01% Reduced -10.3k -10,348
17 MONEY CONCEPTS CAPITAL CORP 0.06% of their portfolio PALM BEACH GARDENS, FL 42,02342.0k $1.1m $1.1m 0.06% Unchanged
18 Integrated Wealth Management 1.16% of their portfolio UNIONTOWN, OH 37,80737.8k $1.0m $1.0m 1.16% Reduced -975 -975
19 Integrity Advisory Solutions, LLC 0.13% of their portfolio DALLAS, TX 36,45436.5k $974.1k $974.1k 0.13% Reduced -1.1k -1,120
20 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 36,32736.3k $970.7k $970.7k 0.00% Reduced -920 -920
21 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 35,69035.7k $953.7k $953.7k 0.02% Reduced -2.7k -2,731
22 CRA Financial Services, LLC 0.12% of their portfolio NORTHFIELD, NJ 34,83534.8k $930.9k $930.9k 0.12% Unchanged
23 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 34,47634.5k $921.3k $921.3k 0.00% Reduced -37.1k -37,079
24 BROWN WEALTH MANAGEMENT, LLC 0.23% of their portfolio NAPERVILLE, IL 34,03534.0k $909.5k $909.5k 0.23% Reduced -5.6k -5,619
25 Three Seasons Wealth, LLC 0.34% of their portfolio SALT LAKE CITY, UT 33,05633.1k $883.3k $883.3k 0.34% Unchanged
26 FSA Advisors, Inc. 0.55% of their portfolio TROY, MI 31,29231.3k $836.2k $836.2k 0.55% Reduced -863 -863
27 TopTier Wealth Management, LLC 0.50% of their portfolio MUSKEGO, WI 30,50030.5k $815.0k $815.0k 0.50% Unchanged
28 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 29,28229.3k $782.5k $782.5k 0.00% Reduced -439 -439
29 Key Capital Management, INC 0.51% of their portfolio HENDERSONVILLE, TN 37075, TN 28,74728.7k $768.2k $768.2k 0.51% Added +3.5k +3,513
30 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 27,85727.9k $744.4k $744.4k 0.01% Reduced -1.9k -1,875
31 Lineweaver Wealth Advisors, LLC 0.10% of their portfolio VALLEY VIEW, OH 26,67726.7k $712.9k $712.9k 0.10% Unchanged
32 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 26,22826.2k $701.0k $701.0k 0.00% Reduced -1.3k -1,260
33 CENTRAL VALLEY ADVISORS, LLC 0.17% of their portfolio SACRAMENTO, CA 23,81523.8k $636.4k $636.4k 0.17% Unchanged
34 Centennial Advisors, LLC 0.77% of their portfolio AUSTIN, TX 22,79622.8k $609.2k $609.2k 0.77% Reduced -1.6k -1,572
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 22,41222.4k $598.9k $598.9k 0.00% Reduced -6.0k -6,042
36 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 21,45321.5k $573.3k $573.3k 0.00% Unchanged
37 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 21,18121.2k $566.0k $566.0k 0.00% New
38 Cypress Wealth Services, LLC 0.08% of their portfolio PALM DESERT, CA 21,02821.0k $561.9k $561.9k 0.08% Unchanged
39 Glen Eagle Advisors, LLC 0.07% of their portfolio KINGSTON, NJ 18,08218.1k $483.2k $483.2k 0.07% Reduced -168 -168
40 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,28917.3k $459.4k $459.4k 0.00% Reduced -2.0k -2,028
41 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 15,57415.6k $416.2k $416.2k 0.00% Unchanged
42 Main Street Financial Solutions, LLC 0.03% of their portfolio NEWTOWN, PA 15,44815.4k $412.8k $412.8k 0.03% Unchanged
43 Commonwealth Financial Services, LLC 0.06% of their portfolio VIENNA, WV 15,04315.0k $402.0k $402.0k 0.06% Unchanged
44 WorthPointe, LLC 0.11% of their portfolio La Jolla, CA 14,68114.7k $392.3k $392.3k 0.11% Unchanged
45 Souders Financial Advisors 0.04% of their portfolio CINCINNATI, OH 14,60014.6k $390.1k $390.1k 0.04% Unchanged
46 Chris Bulman Inc 0.17% of their portfolio ROSEVILLE, CA 14,45714.5k $386.3k $386.3k 0.17% Reduced -47 -47
47 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 13,46913.5k $359.9k $359.9k 0.01% Reduced -386 -386
48 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 13,33013.3k $356.2k $356.2k 0.00% Unchanged
49 AdvisorNet Financial, Inc 0.02% of their portfolio MINNETONKA, MN 12,79212.8k $341.8k $341.8k 0.02% Unchanged
50 MTM FINANCIAL GROUP, LLC 0.16% of their portfolio BETHLEHEM, PA 12,75412.8k $340.8k $340.8k 0.16% Unchanged
51 Trek Financial, LLC 0.02% of their portfolio Scottsdale, AZ 12,23112.2k $326.8k $326.8k 0.02% Unchanged
52 Insight Wealth Partners, LLC 0.11% of their portfolio Plano, TX 10,48410.5k $280.2k $280.2k 0.11% Unchanged
53 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 9,96810.0k $266.4k $266.4k 0.01% Reduced -2 -2
54 Soltis Investment Advisors LLC 0.02% of their portfolio ST. GEORGE, UT 9,8219.8k $262.4k $262.4k 0.02% Unchanged
55 WPWealth LLP 0.04% of their portfolio FORT WORTH, TX 9,6459.6k $257.7k $257.7k 0.04% Unchanged
56 Archer Investment Corp 0.05% of their portfolio Carmel, IN 9,3849.4k $250.8k $250.8k 0.05% Reduced -2.5k -2,496
57 Sound View Wealth Advisors Group, LLC 0.02% of their portfolio SAVANNAH, GA 9,2549.3k $247.3k $247.3k 0.02% Unchanged
58 Patriot Financial Group Insurance Agency, LLC 0.01% of their portfolio Westborough, MA 8,8008.8k $235.2k $235.2k 0.01% New
59 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 8,4958.5k $227.0k $227.0k 0.00% Unchanged
60 HFG Wealth Management, LLC 0.12% of their portfolio The Woodlands, TX 8,4958.5k $227.0k $227.0k 0.12% Reduced -30 -30
61 Marshall Financial Group, LLC 0.03% of their portfolio Hunt Valley, MD 8,1198.1k $216.9k $216.9k 0.03% Unchanged
62 FC Advisory LLC 0.06% of their portfolio WEST CHESTER, PA 7,9447.9k $212.3k $212.3k 0.06% Reduced -6.1k -6,110
63 Advisory Alpha, LLC 0.01% of their portfolio HOLLAND, MI 7,8207.8k $209.0k $209.0k 0.01% Unchanged
64 Aegis Wealth Management, Inc. 0.16% of their portfolio Guthrie Center, IA 7,8077.8k $208.6k $208.6k 0.16% Reduced -71 -71
65 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 7,5677.6k $202.2k $202.2k 0.00% Reduced -7.6k -7,608
66 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 7,3537.4k $196.5k $196.5k 0.00% Added +7.2k +7,231
67 Ashton Thomas Private Wealth, LLC 0.00% of their portfolio SCOTTSDALE, AZ 5,6955.7k $152.2k $152.2k 0.00% New
68 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,7584.8k $127.1k $127.1k 0.00% Unchanged
69 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4,4714.5k $119.6k $119.6k 0.00% Reduced -41 -41
70 HARBOR INVESTMENT ADVISORY, LLC 0.01% of their portfolio LUTHERVILLE, MD 3,9984.0k $106.8k $106.8k 0.01% Unchanged
71 EVOLUTION WEALTH MANAGEMENT INC. 0.05% of their portfolio FORT MYERS, FL 2,3902.4k $63.9k $63.9k 0.05% Unchanged
72 Networth Advisors, LLC 0.03% of their portfolio CANONSBURG, PA 1,5711.6k $42.0k $42.0k 0.03% Reduced -88 -88
73 Financial Network Wealth Advisors LLC 0.04% of their portfolio MURRAY, UT 1,4441.4k $38.6k $38.6k 0.04% Unchanged
74 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1,3301.3k $35.5k $35.5k 0.00% Reduced -20 -20
75 GHP Investment Advisors, Inc. 0.00% of their portfolio Denver, CO 1,0761.1k $28.8k $28.8k 0.00% New
76 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,0701.1k $28.6k $28.6k 0.00% Unchanged
77 Triumph Capital Management 0.01% of their portfolio DENVER, CO 1,0001.0k $26.7k $26.7k 0.01% Unchanged
78 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 996996 $27.0k $27.0k 0.00% Unchanged
79 DHJJ Financial Advisors, Ltd. 0.01% of their portfolio NAPERVILLE, IL 950950 $25.4k $25.4k 0.01% Unchanged
80 Mosley Wealth Management 0.01% of their portfolio ANAHEIM, CA 814814 $21.6k $21.6k 0.01% New
81 UBS Group AG 0.00% of their portfolio ZURICH, V8 576576 $15.4k $15.4k 0.00% Added +125 +125
82 IMG Wealth Management, Inc. 0.01% of their portfolio JACKSONVILLE, FL 569569 $15.2k $15.2k 0.01% Unchanged