Vault-13

INNOVATOR ETFS TRUST ZMAY

EQUIT PROTN MAY · ETP · CUSIP 45784N650

68 institutional holders +44 vs Q1 2026
2,489,3602.5m shares reported held*
$64.6mreported value*
44 new 14 added 5 reduced 1 sold out net bought ≈ $46.7m (+1.8m 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 ≈ $25.97.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q2 25: 21Q3 25: 24Q4 25: 24Q1 26: 24Q2 26: 6868Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q2 202521
Q3 202524
Q4 202524
Q1 202624
Q2 202668

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 25: 9 bought or addedQ3 25: 8 cut or sold outQ3 25Q4 25: 3 bought or addedQ4 25: 11 cut or sold outQ4 25Q1 26: 4 bought or addedQ1 26: 14 cut or sold outQ1 26Q2 26: 58 bought or addedQ2 26: 6 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202598
Q4 2025311
Q1 2026414
Q2 2026586

Biggest buyers

AE Wealth Management LLC Added +250,789+250.8k
WealthCare Asset Management, LLC Added +208,011+208.0k
SYKON CAPITAL LLC New +119,583+119.6k
Aegis Wealth Management, Inc. New +104,166+104.2k
HOWARD BAILEY SECURITIES, LLC New +99,384+99.4k
Csenge Advisory Group New +86,074+86.1k
SYON CAPITAL LLC New +82,418+82.4k
ENVESTNET ASSET MANAGEMENT INC New +43,846+43.8k
Concurrent Investment Advisors, LLC Added +40,749+40.7k
Integrated Wealth Management New +40,725+40.7k

Biggest sellers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -11,245-11.2k
RAYMOND JAMES FINANCIAL INC Reduced -5,694-5.7k
UBS Group AG Reduced -484-484
DHJJ Financial Advisors, Ltd. Reduced -410-410
GILPIN WEALTH MANAGEMENT, LLC Sold out -200-200
Kestra Advisory Services, LLC Reduced -20-20

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WealthCare Asset Management, LLC 4.99% of their portfolio SPRINGFIELD, MO 458,978459.0k $11.9m $11.9m 4.99% Added +208.0k +208,011
2 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 252,750252.8k $6.6m $6.6m 0.03% Added +250.8k +250,789
3 SYKON CAPITAL LLC 0.96% of their portfolio HARRISON, NY 119,583119.6k $3.1m $3.1m 0.96% New
4 Aegis Wealth Management, Inc. 1.75% of their portfolio Guthrie Center, IA 104,166104.2k $2.7m $2.7m 1.75% New
5 HOWARD BAILEY SECURITIES, LLC 0.97% of their portfolio FORT WAYNE, IN 99,38499.4k $2.6m $2.6m 0.97% New
6 Csenge Advisory Group 0.09% of their portfolio CLEARWATER, FL 86,07486.1k $2.2m $2.2m 0.09% New
7 SYON CAPITAL LLC 0.09% of their portfolio SAN FRANCISCO, CA 82,41882.4k $2.1m $2.1m 0.09% New
8 Lineweaver Wealth Advisors, LLC 0.20% of their portfolio VALLEY VIEW, OH 65,64565.6k $1.7m $1.7m 0.20% Added +30.8k +30,828
9 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 63,99464.0k $1.7m $1.7m 0.00% Added +20.7k +20,680
10 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 62,99963.0k $1.6m $1.6m 0.00% Added +26.8k +26,786
11 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 49,99150.0k $1.3m $1.3m 0.01% Added +40.7k +40,749
12 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 47,50247.5k $1.2m $1.2m 0.00% Reduced -5.7k -5,694
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 43,84643.8k $1.1m $1.1m 0.00% New
14 Integrated Wealth Management 1.12% of their portfolio UNIONTOWN, OH 40,72540.7k $1.1m $1.1m 1.12% New
15 OLD MISSION CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 40,06840.1k $1.0m $1.0m 0.03% New
16 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 38,68238.7k $1.0m $1.0m 0.00% New
17 Key Capital Management, INC 0.50% of their portfolio HENDERSONVILLE, TN 37075, TN 37,39737.4k $971.1k $971.1k 0.50% New
18 KINGSWOOD WEALTH ADVISORS, LLC 0.04% of their portfolio SAN DIEGO, CA 36,85836.9k $957.1k $957.1k 0.04% Added +5.6k +5,634
19 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 35,27035.3k $915.9k $915.9k 0.00% New
20 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 32,89532.9k $854.2k $854.2k 0.00% New
21 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 30,29330.3k $786.6k $786.6k 0.01% Added +21.3k +21,285
22 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 28,98129.0k $752.5k $752.5k 0.00% Reduced -20 -20
23 Centennial Advisors, LLC 0.85% of their portfolio AUSTIN, TX 27,51427.5k $714.5k $714.5k 0.85% New
24 OPTIMA CAPITAL LLC 0.28% of their portfolio PORTLAND, OR 26,90326.9k $698.6k $698.6k 0.28% New
25 Cypress Wealth Services, LLC 0.09% of their portfolio PALM DESERT, CA 26,86326.9k $697.5k $697.5k 0.09% New
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 26,77126.8k $695.2k $695.2k 0.00% Reduced -11.2k -11,245
27 CENTRAL VALLEY ADVISORS, LLC 0.18% of their portfolio SACRAMENTO, CA 26,66626.7k $692.4k $692.4k 0.18% Added +970 +970
28 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 26,44026.4k $686.6k $686.6k 0.01% Added +1.8k +1,785
29 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 24,23524.2k $629.3k $629.3k 0.01% Added +3.0k +3,024
30 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 23,97524.0k $622.6k $622.6k 0.01% Added +7.4k +7,446
31 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 23,93023.9k $622.0k $622.0k 0.00% New
32 CANANDAIGUA NATIONAL BANK & TRUST CO 0.05% of their portfolio CANANDAIGUA, NY 22,78022.8k $591.5k $591.5k 0.05% First filing
33 Summit Wealth Partners, LLC 0.08% of their portfolio Orlando, FL 22,75722.8k $590.9k $590.9k 0.08% New
34 FSA Advisors, Inc. 0.27% of their portfolio TROY, MI 22,50022.5k $584.3k $584.3k 0.27% New
35 BEAM WEALTH ADVISORS, INC. 0.13% of their portfolio COVINGTON, LA 22,31022.3k $579.3k $579.3k 0.13% New
36 KFG WEALTH MANAGEMENT, LLC 0.06% of their portfolio GRANGER, IN 21,76721.8k $565.2k $565.2k 0.06% Added +13.3k +13,259
37 Prasad Wealth Partners, LLC 0.13% of their portfolio INDEPENDENCE, OH 21,16021.2k $549.5k $549.5k 0.13% New
38 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 20,35520.4k $528.6k $528.6k 0.00% New
39 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 20,08820.1k $521.6k $521.6k 0.00% New
40 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 16,84016.8k $437.3k $437.3k 0.00% New
41 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 15,86415.9k $411.9k $411.9k 0.00% New
42 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 14,76014.8k $383.3k $383.3k 0.00% New
43 Lloyd Advisory Services, LLC. 0.15% of their portfolio SUWANEE, GA 14,56414.6k $378.2k $378.2k 0.15% New
44 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 14,17114.2k $368.0k $368.0k 0.01% New
45 Virtue Capital Management, LLC 0.05% of their portfolio BRENTWOOD, TN 13,79613.8k $358.2k $358.2k 0.05% New
46 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 13,37213.4k $347.2k $347.2k 0.01% New
47 EVOLUTION WEALTH MANAGEMENT INC. 0.20% of their portfolio FORT MYERS, FL 13,34213.3k $346.4k $346.4k 0.20% Added +3.8k +3,845
48 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 12,95012.9k $336.3k $336.3k 0.00% New
49 DHJJ Financial Advisors, Ltd. 0.08% of their portfolio NAPERVILLE, IL 11,28311.3k $293.0k $293.0k 0.08% Reduced -410 -410
50 Main Street Financial Solutions, LLC 0.02% of their portfolio NEWTOWN, PA 10,73010.7k $278.6k $278.6k 0.02% New
51 Integrity Advisory Solutions, LLC 0.03% of their portfolio DALLAS, TX 10,21210.2k $265.2k $265.2k 0.03% New
52 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 9,8299.8k $255.2k $255.2k 0.00% New
53 Visionary Wealth Advisors 0.01% of their portfolio O'FALLON, IL 8,8768.9k $230.5k $230.5k 0.01% New
54 Trek Financial, LLC 0.01% of their portfolio Scottsdale, AZ 8,6628.7k $224.9k $224.9k 0.01% New
55 WealthShield Partners, LLC 0.03% of their portfolio CARY, NC 8,2428.2k $214.0k $214.0k 0.03% Unchanged
56 MTM FINANCIAL GROUP, LLC 0.09% of their portfolio BETHLEHEM, PA 7,8707.9k $204.4k $204.4k 0.09% New
57 Mosley Wealth Management 0.03% of their portfolio ANAHEIM, CA 3,5253.5k $91.5k $91.5k 0.03% New
58 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,5102.5k $65.2k $65.2k 0.00% New
59 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,3222.3k $60.3k $60.3k 0.00% New
60 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 2,2452.2k $58.3k $58.3k 0.00% New
61 Networth Advisors, LLC 0.03% of their portfolio CANONSBURG, PA 1,8841.9k $48.9k $48.9k 0.03% New
62 TOUNJIAN ADVISORY PARTNERS, LLC 0.02% of their portfolio FORT MYERS, FL 1,7571.8k $45.6k $45.6k 0.02% New
63 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,4661.5k $38.1k $38.1k 0.00% Reduced -484 -484
64 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1,0291.0k $26.7k $26.7k 0.00% Unchanged
65 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,0261.0k $26.6k $26.6k 0.00% Unchanged
66 IMG Wealth Management, Inc. 0.01% of their portfolio JACKSONVILLE, FL 381381 $9.9k $9.9k 0.01% New
67 JDM Financial Group LLC 0.00% of their portfolio AUSTIN, TX 242242 $6.3k $6.3k 0.00% Unchanged
68 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 9797 $2.5k $2.5k 0.00% New