Vault-13

INNOVATOR ETFS TRUST ZDEK

EQUITY DEFINED P · ETP · CUSIP 45784N858

67 institutional holders +2 vs Q1 2025
3,373,8493.4m shares reported held*
$82.8mreported value*
14 new 14 added 14 reduced 11 sold out net sold ≈ $5.8m (-238.0k 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 ≈ $24.53.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q4 24: 40Q1 25: 65Q2 25: 6767Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q4 202440
Q1 202565
Q2 202567

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q1 25: 47 bought or addedQ1 25: 6 cut or sold outQ1 25Q2 25: 28 bought or addedQ2 25: 25 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q1 2025476
Q2 20252825

Biggest buyers

Legacy CG, LLC New +275,971+276.0k
CARY STREET PARTNERS FINANCIAL LLC Added +214,068+214.1k
HARBOUR INVESTMENTS, INC. Added +214,031+214.0k
Csenge Advisory Group Added +90,469+90.5k
MML INVESTORS SERVICES, LLC New +50,110+50.1k
AE Wealth Management LLC Added +49,224+49.2k
JANE STREET GROUP, LLC New +42,752+42.8k
OLD MISSION CAPITAL LLC New +31,783+31.8k
Focus Partners Advisor Solutions, LLC New +22,652+22.7k
HRT FINANCIAL LP New +19,190+19.2k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Sold out -679,660-679.7k
Brookstone Capital Management Reduced -141,705-141.7k
FOUNDERS FINANCIAL SECURITIES LLC Sold out -126,517-126.5k
NewEdge Advisors, LLC Sold out -108,238-108.2k
Delta Investment Management, LLC Sold out -106,864-106.9k
RAYMOND JAMES FINANCIAL INC Reduced -64,261-64.3k
INTEGRITY ALLIANCE, LLC. Sold out -27,336-27.3k
GWN SECURITIES INC. Reduced -20,458-20.5k
Authentikos Wealth Advisory, LLC Sold out -20,365-20.4k
Cetera Investment Advisers Reduced -18,308-18.3k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 334,083334.1k $8.2m $8.2m 0.06% Added +49.2k +49,224
2 HARBOUR INVESTMENTS, INC. 0.19% of their portfolio MADISON, WI 313,497313.5k $7.7m $7.7m 0.19% Added +214.0k +214,031
3 Legacy CG, LLC 2.02% of their portfolio PLANO, TX 275,971276.0k $6.8m $6.8m 2.02% New
4 CARY STREET PARTNERS FINANCIAL LLC 0.16% of their portfolio RICHMOND, VA 226,268226.3k $5.6m $5.6m 0.16% Added +214.1k +214,068
5 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 189,683189.7k $4.7m $4.7m 0.01% Added +6.2k +6,183
6 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 176,912176.9k $4.3m $4.3m 0.00% Reduced -64.3k -64,261
7 HOWARD BAILEY SECURITIES, LLC 1.04% of their portfolio FORT WAYNE, IN 137,046137.0k $3.4m $3.4m 1.04% Added +7.8k +7,773
8 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 118,212118.2k $2.9m $2.9m 0.01% Reduced -8.0k -8,020
9 Csenge Advisory Group 0.14% of their portfolio CLEARWATER, FL 110,672110.7k $2.7m $2.7m 0.14% Added +90.5k +90,469
10 KFG WEALTH MANAGEMENT, LLC 0.32% of their portfolio GRANGER, IN 80,29980.3k $2.0m $2.0m 0.32% Added +1.2k +1,153
11 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 76,98677.0k $1.9m $1.9m 0.00% Reduced -5.1k -5,110
12 Prasad Wealth Partners, LLC 0.55% of their portfolio INDEPENDENCE, OH 76,13576.1k $1.9m $1.9m 0.55% Unchanged
13 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 73,49473.5k $1.8m $1.8m 0.00% Reduced -18.3k -18,308
14 Kingsview Wealth Management, LLC 0.03% of their portfolio GRANTS PASS, OR 69,43969.4k $1.7m $1.7m 0.03% Added +11.0k +10,968
15 Owen LaRue, LLC 0.71% of their portfolio ELIZABETHTOWN, KY 68,32668.3k $1.7m $1.7m 0.71% Reduced -175 -175
16 Independent Wealth Network Inc. 0.58% of their portfolio URBANDALE, IA 64,85764.9k $1.6m $1.6m 0.58% Added +16.7k +16,699
17 CENTAURUS FINANCIAL, INC. 0.08% of their portfolio ANAHEIM, CA 58,87758.9k $1.4m $1.4m 0.08% Reduced -1.1k -1,082
18 Archer Investment Corp 0.32% of their portfolio Carmel, IN 54,41354.4k $1.3m $1.3m 0.32% Reduced -2.0k -1,954
19 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 50,11050.1k $1.2m $1.2m 0.00% New
20 FC Advisory LLC 0.36% of their portfolio WEST CHESTER, PA 47,98148.0k $1.2m $1.2m 0.36% Unchanged
21 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 42,75242.8k $1.0m $1.0m 0.00% New
22 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 39,94739.9k $980.3k $980.3k 0.01% Reduced -141.7k -141,705
23 FSA Advisors, Inc. 0.78% of their portfolio TROY, MI 39,14439.1k $960.6k $960.6k 0.78% Added +16.6k +16,551
24 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 35,06335.1k $860.4k $860.4k 0.01% Unchanged
25 Trek Financial, LLC 0.06% of their portfolio Scottsdale, AZ 34,27634.3k $841.1k $841.1k 0.06% Unchanged
26 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 31,78331.8k $780.0k $780.0k 0.02% New
27 BRASS TAX WEALTH MANAGEMENT, INC 0.15% of their portfolio CINCINNATI, OH 30,75530.8k $754.7k $754.7k 0.15% Unchanged
28 Capital Analysts, LLC 0.03% of their portfolio FORT WASHINGTON, PA 30,61230.6k $751.0k $751.0k 0.03% Unchanged
29 Marshall Financial Group, LLC 0.14% of their portfolio Hunt Valley, MD 29,52029.5k $725.3k $725.3k 0.14% Unchanged
30 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 24,40024.4k $598.8k $598.8k 0.02% Unchanged
31 AssuredPartners Investment Advisors, LLC 0.14% of their portfolio Tampa, FL 23,30523.3k $571.9k $571.9k 0.14% Reduced -5.0k -5,006
32 Focus Partners Advisor Solutions, LLC 0.01% of their portfolio SAINT LOUIS, MO 22,65222.7k $555.9k $555.9k 0.01% New
33 Allegiance Financial Group Advisory Services LLC 0.15% of their portfolio VIENNA, VA 22,65222.7k $555.9k $555.9k 0.15% Unchanged
34 Integrity Wealth Solutions LLC 0.25% of their portfolio DENVER, CO 20,94020.9k $513.9k $513.9k 0.25% Unchanged
35 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 19,19019.2k $470.0k $470.0k 0.00% New
36 Alpine Bank Wealth Management 0.07% of their portfolio GRAND JUNCTION, CO 18,75018.8k $460.1k $460.1k 0.07% New
37 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 18,69718.7k $459.0k $459.0k 0.00% Reduced -1.3k -1,254
38 Vantage Financial Partners, LLC 0.10% of their portfolio ELM GROVE, WI 18,24018.2k $447.6k $447.6k 0.10% Unchanged
39 Lineweaver Wealth Advisors, LLC 0.07% of their portfolio VALLEY VIEW, OH 17,09317.1k $419.5k $419.5k 0.07% Unchanged
40 IFG Advisors, LLC 0.07% of their portfolio ST. LOUIS, MO 16,70016.7k $409.8k $409.8k 0.07% Unchanged
41 ROTHSCHILD INVESTMENT LLC 0.02% of their portfolio CHICAGO, IL 15,20015.2k $373.0k $373.0k 0.02% Unchanged
42 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 14,62914.6k $359.0k $359.0k 0.01% Added +2.6k +2,625
43 Tradition Wealth Management, LLC 0.03% of their portfolio EDINA, MN 14,30114.3k $350.9k $350.9k 0.03% Added +210 +210
44 GWN SECURITIES INC. 0.06% of their portfolio Palm Beach Gardens, FL 14,20214.2k $348.5k $348.5k 0.06% Reduced -20.5k -20,458
45 Signal Advisors Wealth, LLC 0.03% of their portfolio DETROIT, MI 13,27913.3k $325.9k $325.9k 0.03% New
46 AdvisorNet Financial, Inc 0.02% of their portfolio MINNETONKA, MN 12,96613.0k $318.2k $318.2k 0.02% Unchanged
47 FWG Investments, LLC. 0.24% of their portfolio LEXINGTON, KY 12,95213.0k $317.8k $317.8k 0.24% Reduced -1 -1
48 Wellment Financial 0.39% of their portfolio ELMHURST, IL 12,37912.4k $303.8k $303.8k 0.39% Reduced -653 -653
49 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 11,51111.5k $282.5k $282.5k 0.01% Unchanged
50 First Commonwealth Financial Corp /PA/ 0.06% of their portfolio Indiana, PA 10,39510.4k $255.1k $255.1k 0.06% Unchanged
51 SAGESPRING WEALTH PARTNERS, LLC 0.01% of their portfolio FRANKLIN, TN 10,08410.1k $247.5k $247.5k 0.01% Unchanged
52 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 9,1889.2k $225.5k $225.5k 0.00% Unchanged
53 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 8,9679.0k $220.0k $220.0k 0.00% Unchanged
54 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 8,9589.0k $221.7k $221.7k 0.01% Reduced -6.5k -6,475
55 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 8,4168.4k $206.5k $206.5k 0.00% New
56 WEALTHGARDEN F.S. LLC 0.17% of their portfolio EL SEGUNDO, CA 8,2928.3k $205.3k $205.3k 0.17% New
57 Chris Bulman Inc 0.12% of their portfolio ROSEVILLE, CA 8,2848.3k $203.3k $203.3k 0.12% New
58 Blue Sky Capital Consultants Group, Inc. 0.10% of their portfolio Poway, CA 8,2478.2k $202.4k $202.4k 0.10% New
59 IMG Wealth Management, Inc. 0.16% of their portfolio JACKSONVILLE, FL 8,2068.2k $201.4k $201.4k 0.16% Unchanged
60 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 8,0608.1k $197.8k $197.8k 0.00% New
61 EVOLUTION WEALTH MANAGEMENT INC. 0.21% of their portfolio FORT MYERS, FL 7,0927.1k $174.0k $174.0k 0.21% First filing
62 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 3,3883.4k $83.1k $83.1k 0.00% Added +990 +990
63 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,0053.0k $73.7k $73.7k 0.00% Added +778 +778
64 HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio LUTHERVILLE, MD 1,0461.0k $25.7k $25.7k 0.00% New
65 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 626626 $15.4k $15.4k 0.00% Unchanged
66 Park Square Financial Group, LLC 0.01% of their portfolio ROSWELL, GA 444444 $10.9k $10.9k 0.01% Unchanged
67 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged