Vault-13

INNOVATOR ETFS TRUST NNOV

GROWTH 100 PWR B · ETP · CUSIP 45784N874

52 institutional holders +27 vs Q3 2025
2,048,4712.0m shares reported held*
$58.8mreported value*
28 new 14 added 1 reduced 6 sold out net bought ≈ $39.4m (+1.4m 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 ≈ $28.71.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q4 24: 20Q1 25: 22Q2 25: 24Q3 25: 25Q4 25: 5252Q4 24Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q4 202420
Q1 202522
Q2 202524
Q3 202525
Q4 202552

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q1 25: 10 bought or addedQ1 25: 7 cut or sold outQ1 25Q2 25: 8 bought or addedQ2 25: 13 cut or sold outQ2 25Q3 25: 7 bought or addedQ3 25: 12 cut or sold outQ3 25Q4 25: 42 bought or addedQ4 25: 7 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2025107
Q2 2025813
Q3 2025712
Q4 2025427

Biggest buyers

Element Squared LLC Added +317,875+317.9k
COMMONWEALTH EQUITY SERVICES, LLC Added +137,482+137.5k
RAYMOND JAMES FINANCIAL INC New +127,044+127.0k
Cetera Investment Advisers Added +88,170+88.2k
LPL Financial LLC New +86,315+86.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +81,424+81.4k
MAI Capital Management New +79,840+79.8k
Kestra Advisory Services, LLC New +62,454+62.5k
TRUIST FINANCIAL CORP New +52,911+52.9k
OSAIC HOLDINGS, INC. Added +39,365+39.4k

Biggest sellers

JPMORGAN CHASE & CO Reduced -39,525-39.5k
Luminist Capital LLC Sold out -23,958-24.0k
CITADEL ADVISORS LLC Sold out -14,549-14.5k
Trek Financial, LLC Sold out -9,545-9.5k
UBS Group AG Sold out -1,406-1.4k
PRINCIPAL SECURITIES, INC. Sold out -550-550
Advisory Services Network, LLC Sold out -400-400

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Element Squared LLC 5.43% of their portfolio MINNEAPOLIS, MN 348,965349.0k $10.0m $10.0m 5.43% Added +317.9k +317,875
2 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 163,616163.6k $4.7m $4.7m 0.01% Added +137.5k +137,482
3 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 143,211143.2k $4.1m $4.1m 0.01% Added +9.7k +9,746
4 Sherry Group, Inc. 3.85% of their portfolio MOUNTAIN HOME, AR 127,324127.3k $3.7m $3.7m 3.85% First filing
5 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 127,044127.0k $3.6m $3.6m 0.00% New
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 112,184112.2k $3.2m $3.2m 0.00% Added +81.4k +81,424
7 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 103,758103.8k $3.0m $3.0m 0.00% Added +88.2k +88,170
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 86,31586.3k $2.5m $2.5m 0.00% New
9 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 79,84079.8k $2.3m $2.3m 0.01% New
10 Goldenstone Wealth Management LLC 1.34% of their portfolio EL DORADO HILLS, CA 62,57562.6k $1.8m $1.8m 1.34% First filing
11 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 62,45462.5k $1.8m $1.8m 0.01% New
12 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 52,91152.9k $1.5m $1.5m 0.00% New
13 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 52,68052.7k $1.5m $1.5m 0.00% Added +39.4k +39,365
14 OLD MISSION CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 50,99851.0k $1.5m $1.5m 0.06% Added +7.1k +7,138
15 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 37,99438.0k $1.1m $1.1m 0.01% Added +30.8k +30,791
16 SYON CAPITAL LLC 0.05% of their portfolio SAN FRANCISCO, CA 35,37635.4k $1.0m $1.0m 0.05% New
17 AdvisorNet Financial, Inc 0.04% of their portfolio MINNETONKA, MN 25,63325.6k $735.7k $735.7k 0.04% New
18 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 21,00521.0k $602.8k $602.8k 0.00% New
19 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 20,20720.2k $579.9k $579.9k 0.01% Added +18.6k +18,607
20 Opus Financial Solutions LLC 0.54% of their portfolio DOWNERS GROVE, IL 19,80019.8k $568.3k $568.3k 0.54% First filing
21 Diligent Investors, LLC 0.14% of their portfolio REDLANDS, CA 19,68519.7k $565.0k $565.0k 0.14% New
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 19,64019.6k $563.7k $563.7k 0.00% New
23 CREATIVE FINANCIAL DESIGNS INC /ADV 0.04% of their portfolio KOKOMO, IN 19,55019.6k $561.1k $561.1k 0.04% Added +15.6k +15,550
24 Clear Point Advisors Inc. 0.39% of their portfolio MELVILLE, NY 17,40517.4k $499.5k $499.5k 0.39% New
25 CENTAURUS FINANCIAL, INC. 0.02% of their portfolio ANAHEIM, CA 16,05016.1k $461.0k $461.0k 0.02% New
26 FSA Advisors, Inc. 0.32% of their portfolio TROY, MI 15,80315.8k $453.5k $453.5k 0.32% New
27 FOUNDERS FINANCIAL SECURITIES LLC 0.03% of their portfolio TOWSON, MD 15,08415.1k $432.9k $432.9k 0.03% New
28 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 13,63813.6k $391.4k $391.4k 0.00% Added +2.1k +2,084
29 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 13,53013.5k $388.3k $388.3k 0.01% New
30 TrustBank 0.16% of their portfolio OLNEY, IL 13,41513.4k $385.0k $385.0k 0.16% First filing
31 Cypress Wealth Services, LLC 0.05% of their portfolio PALM DESERT, CA 12,81912.8k $367.9k $367.9k 0.05% Unchanged
32 Grantvest Financial Group LLC 0.23% of their portfolio MATAWAN, NJ 12,67312.7k $363.7k $363.7k 0.23% New
33 ACCESS FINANCIAL SERVICES, INC. 0.13% of their portfolio MINNEAPOLIS, MN 12,16512.2k $349.1k $349.1k 0.13% New
34 Tradition Wealth Management, LLC 0.02% of their portfolio EDINA, MN 10,36110.4k $297.4k $297.4k 0.02% New
35 Advus Financial Partners, LLC 0.07% of their portfolio WINTER PARK, FL 9,98010.0k $286.4k $286.4k 0.07% New
36 GILL CAPITAL PARTNERS, LLC 0.09% of their portfolio DENVER, CO 9,95110.0k $285.6k $285.6k 0.09% Unchanged
37 Advisory Alpha, LLC 0.01% of their portfolio HOLLAND, MI 9,6129.6k $275.9k $275.9k 0.01% New
38 PFG Advisors 0.01% of their portfolio Phoenix, AZ 8,6808.7k $249.1k $249.1k 0.01% New
39 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 8,6618.7k $248.0k $248.0k 0.00% New
40 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 8,6178.6k $247.3k $247.3k 0.00% Added +435 +435
41 CALTON & ASSOCIATES, INC. 0.04% of their portfolio Tampa, FL 8,4398.4k $242.2k $242.2k 0.04% Unchanged
42 Phoenix Financial Ltd. 0.00% of their portfolio Givatayim, L3 8,0008.0k $228.0k $228.0k 0.00% New
43 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 7,3407.3k $210.7k $210.7k 0.00% New
44 Mariner, LLC 0.00% of their portfolio Overland Park, KS 7,0607.1k $202.6k $202.6k 0.00% New
45 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 5,8835.9k $168.8k $168.8k 0.00% Added +4.2k +4,208
46 DHJJ Financial Advisors, Ltd. 0.03% of their portfolio NAPERVILLE, IL 3,4783.5k $99.8k $99.8k 0.03% Added +3.2k +3,248
47 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 3,3453.3k $96.0k $96.0k 0.00% New
48 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,7001.7k $48.8k $48.8k 0.00% New
49 Keating Financial Advisory Services, Inc. 0.01% of their portfolio MANHATTAN, KS 1,3151.3k $37.7k $37.7k 0.01% First filing
50 Kingdom Financial Group LLC. 0.00% of their portfolio PEORIA, AZ 471471 $13.5k $13.5k 0.00% New
51 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 131131 $3.8k $3.8k 0.00% Reduced -39.5k -39,525
52 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 100100 $2.9k $2.9k 0.00% Unchanged