Vault-13

INNOVATOR ETFS TRUST APOC

EQUITY DEFINED P · ETP · CUSIP 45784N882

55 institutional holders +13 vs Q3 2025
3,634,4153.6m shares reported held*
$95.2mreported value*
16 new 17 added 6 reduced 8 sold out net bought ≈ $41.4m (+1.6m 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 ≈ $26.21.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q4 24: 33Q1 25: 43Q2 25: 42Q3 25: 42Q4 25: 5555Q4 24Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q4 202433
Q1 202543
Q2 202542
Q3 202542
Q4 202555

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 25: 24 bought or addedQ1 25: 17 cut or sold outQ1 25Q2 25: 23 bought or addedQ2 25: 20 cut or sold outQ2 25Q3 25: 19 bought or addedQ3 25: 20 cut or sold outQ3 25Q4 25: 33 bought or addedQ4 25: 14 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20252417
Q2 20252320
Q3 20251920
Q4 20253314

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +743,016+743.0k
Soltis Investment Advisors LLC Added +385,904+385.9k
OSAIC HOLDINGS, INC. Added +121,654+121.7k
AE Wealth Management LLC Added +92,239+92.2k
Csenge Advisory Group New +47,122+47.1k
HOWARD BAILEY SECURITIES, LLC New +39,779+39.8k
Lifestyle Asset Management, Inc. New +39,006+39.0k
CreativeOne Wealth, LLC New +35,277+35.3k
KFG WEALTH MANAGEMENT, LLC New +28,177+28.2k
C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors Added +26,907+26.9k

Biggest sellers

Cambridge Investment Research Advisors, Inc. Reduced -70,052-70.1k
Orion Porfolio Solutions, LLC Sold out -23,215-23.2k
GOLDMAN SACHS GROUP INC Sold out -21,759-21.8k
CITADEL ADVISORS LLC Sold out -12,560-12.6k
Hiley Hunt Wealth Management Reduced -12,000-12.0k
Kingsview Wealth Management, LLC Sold out -11,623-11.6k
WorthPointe, LLC Sold out -9,034-9.0k
Ausdal Financial Partners, Inc. Reduced -5,928-5.9k
BARCLAYS PLC Sold out -5,698-5.7k
Ameritas Advisory Services, LLC Sold out -3,970-4.0k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,547,4931.5m $40.5m $40.5m 0.01% Added +743.0k +743,016
2 Soltis Investment Advisors LLC 0.69% of their portfolio ST. GEORGE, UT 401,145401.1k $10.5m $10.5m 0.69% Added +385.9k +385,904
3 Pachira Investments Inc. 3.04% of their portfolio DANA POINT, CA 238,502238.5k $6.2m $6.2m 3.04% Added +11.3k +11,350
4 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 146,140146.1k $3.8m $3.8m 0.01% Added +121.7k +121,654
5 Pinnacle Financial Partners, Inc. 0.02% of their portfolio ATLANTA, GA 109,242109.2k $2.9m $2.9m 0.02% First filing
6 Weaver Capital Management LLC 0.57% of their portfolio SUWANEE, GA 103,523103.5k $2.7m $2.7m 0.57% Added +22.4k +22,409
7 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 94,23794.2k $2.5m $2.5m 0.01% Added +92.2k +92,239
8 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 73,72073.7k $1.9m $1.9m 0.00% Unchanged
9 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 71,29571.3k $1.9m $1.9m 0.00% Reduced -70.1k -70,052
10 CENTAURUS FINANCIAL, INC. 0.08% of their portfolio ANAHEIM, CA 63,07063.1k $1.7m $1.7m 0.08% Added +10.2k +10,171
11 Csenge Advisory Group 0.06% of their portfolio CLEARWATER, FL 47,12247.1k $1.2m $1.2m 0.06% New
12 BECK CAPITAL MANAGEMENT, LLC 0.25% of their portfolio AUSTIN, TX 40,25040.2k $1.1m $1.1m 0.25% Added +606 +606
13 HOWARD BAILEY SECURITIES, LLC 0.41% of their portfolio FORT WAYNE, IN 39,77939.8k $1.0m $1.0m 0.41% New
14 WealthPLAN Partners, LLC 0.16% of their portfolio OMAHA, NE 39,66739.7k $1.0m $1.0m 0.16% Unchanged
15 Lifestyle Asset Management, Inc. 0.33% of their portfolio FRIENDSWOOD, TX 39,00639.0k $1.0m $1.0m 0.33% New
16 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 38,02838.0k $996.5k $996.5k 0.00% Added +22.7k +22,677
17 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 36,68636.7k $961.3k $961.3k 0.00% Added +23.9k +23,850
18 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.06% of their portfolio Westlake, OH 36,12736.1k $946.6k $946.6k 0.06% Added +26.9k +26,907
19 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 35,27735.3k $924.4k $924.4k 0.02% New
20 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 31,85031.9k $834.6k $834.6k 0.02% Unchanged
21 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 29,00929.0k $760.1k $760.1k 0.00% Added +688 +688
22 KFG WEALTH MANAGEMENT, LLC 0.10% of their portfolio GRANGER, IN 28,17728.2k $738.3k $738.3k 0.10% New
23 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 25,20625.2k $660.5k $660.5k 0.01% New
24 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 21,11421.1k $553.3k $553.3k 0.00% New
25 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 19,85019.9k $520.1k $520.1k 0.00% Unchanged
26 Integrated Wealth Management 0.58% of their portfolio UNIONTOWN, OH 19,81019.8k $519.1k $519.1k 0.58% First filing
27 SYKON CAPITAL LLC 0.16% of their portfolio HARRISON, NY 18,65818.7k $488.9k $488.9k 0.16% Added +849 +849
28 Gallagher Fiduciary Advisors, LLC 0.02% of their portfolio ROLLING MEADOWS, IL 18,57518.6k $486.7k $486.7k 0.02% Added +1.3k +1,330
29 Hiley Hunt Wealth Management 0.19% of their portfolio OMAHA, NE 15,83315.8k $414.9k $414.9k 0.19% Reduced -12.0k -12,000
30 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 15,70915.7k $411.6k $411.6k 0.00% Unchanged
31 Accurate Wealth Management, LLC 0.05% of their portfolio WESLEY CHAPEL, FL 14,65414.7k $385.2k $385.2k 0.05% Reduced -632 -632
32 Key Capital Management, INC 0.35% of their portfolio HENDERSONVILLE, TN 37075, TN 13,59813.6k $356.3k $356.3k 0.35% First filing
33 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 13,43213.4k $356.9k $356.9k 0.01% Added +5.2k +5,182
34 Centennial Advisors, LLC 0.45% of their portfolio AUSTIN, TX 13,12813.1k $344.0k $344.0k 0.45% First filing
35 HBW ADVISORY SERVICES LLC 0.03% of their portfolio SIMI VALLEY, CA 11,64511.6k $305.1k $305.1k 0.03% Reduced -221 -221
36 WINNACLE WEALTH LLC 0.22% of their portfolio WACO, TX 11,07411.1k $299.0k $299.0k 0.22% Reduced -1.1k -1,129
37 Ausdal Financial Partners, Inc. 0.01% of their portfolio Davenport, IA 10,93910.9k $286.6k $286.6k 0.01% Reduced -5.9k -5,928
38 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 10,51010.5k $275.4k $275.4k 0.01% Added +294 +294
39 WEALTHGARDEN F.S. LLC 0.18% of their portfolio EL SEGUNDO, CA 10,20110.2k $268.8k $268.8k 0.18% New
40 BFI Wealth Solutions, LLC 0.25% of their portfolio DALLAS, TX 10,00010.0k $262.0k $262.0k 0.25% First filing
41 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 9,7939.8k $256.6k $256.6k 0.00% Added +1.2k +1,250
42 SAGESPRING WEALTH PARTNERS, LLC 0.00% of their portfolio FRANKLIN, TN 9,5359.5k $249.8k $249.8k 0.00% Unchanged
43 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 9,1419.1k $239.5k $239.5k 0.00% New
44 FSA Advisors, Inc. 0.16% of their portfolio TROY, MI 8,5988.6k $225.3k $225.3k 0.16% New
45 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 8,2288.2k $215.6k $215.6k 0.00% New
46 MILESTONE ASSET MANAGEMENT, LLC 0.04% of their portfolio PITTSBURGH, PA 8,0998.1k $212.2k $212.2k 0.04% New
47 Lloyd Advisory Services, LLC. 0.07% of their portfolio SUWANEE, GA 6,9777.0k $182.8k $182.8k 0.07% New
48 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,0004.0k $104.8k $104.8k 0.00% Unchanged
49 Triumph Capital Management 0.01% of their portfolio DENVER, CO 2,0002.0k $52.4k $52.4k 0.01% New
50 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 1,5001.5k $39.3k $39.3k 0.00% Unchanged
51 Financial Network Wealth Advisors LLC 0.04% of their portfolio MURRAY, UT 1,4231.4k $37.3k $37.3k 0.04% New
52 Networth Advisors, LLC 0.02% of their portfolio CANONSBURG, PA 890890 $23.3k $23.3k 0.02% First filing
53 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 519519 $13.6k $13.6k 0.00% Unchanged
54 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 423423 $11.1k $11.1k 0.00% New
55 DHJJ Financial Advisors, Ltd. 0.00% of their portfolio NAPERVILLE, IL 88 $210 $210 0.00% Unchanged