NPORT-EX 2 sput.htm

Innovator Equity Premium Income - Daily PutWrite ETF
  
Schedule of Investments
  
July 31, 2025 (Unaudited)
  
   
COMMON STOCKS - 52.0%
  
Shares
    
Value
 
Advertising - 0.1%
        
Omnicom Group, Inc.
    
15
    
$
1,081
  
Trade Desk, Inc. - Class A (a)
    
34
      
2,956
  
             
4,037
  
                 
Aerospace/Defense - 1.1%
          
Boeing Co. (a)
    
55
      
12,201
  
General Dynamics Corp.
    
17
      
5,297
  
General Electric Co.
    
82
      
22,229
  
HEICO Corp.
    
3
      
980
  
HEICO Corp. - Class A
    
6
      
1,549
  
Howmet Aerospace, Inc.
    
31
      
5,573
  
L3Harris Technologies, Inc.
    
14
      
3,847
  
Lockheed Martin Corp.
    
18
      
7,578
  
Northrop Grumman Corp.
    
11
      
6,343
  
RTX Corp.
    
102
      
16,072
  
TransDigm Group, Inc.
    
4
      
6,434
  
             
88,103
  
                 
Agriculture - 0.4%
          
Altria Group, Inc.
    
129
      
7,990
  
Archer-Daniels-Midland Co.
    
36
      
1,950
  
Bunge Global SA
    
10
      
798
  
Philip Morris International, Inc.
    
119
      
19,522
  
             
30,260
  
                 
Airlines - 0.1%
          
Delta Air Lines, Inc.
    
49
      
2,607
  
Southwest Airlines Co.
    
41
      
1,268
  
United Airlines Holdings, Inc. (a)
    
25
      
2,208
  
             
6,083
  
                 
Apparel - 0.1%
          
Deckers Outdoor Corp. (a)
    
12
      
1,274
  
NIKE, Inc. - Class B
    
89
      
6,647
  
             
7,921
  
                 
Auto Manufacturers - 1.0%
          
Cummins, Inc.
    
11
      
4,044
  
Ford Motor Co.
    
298
      
3,299
  
General Motors Co.
    
76
      
4,054
  
PACCAR, Inc.
    
40
      
3,950
  
Tesla, Inc. (a)
    
214
      
65,970
  
             
81,317
  
                 
Auto Parts & Equipment - 0.0%(b)
          
Aptiv PLC (a)
    
17
      
1,167
  
                 
Banks - 2.4%
          
Bank of America Corp.
    
504
      
23,824
  
Bank of New York Mellon Corp.
    
55
      
5,580
  
Citigroup, Inc.
    
140
      
13,118
  
Citizens Financial Group, Inc.
    
33
      
1,575
  
Fifth Third Bancorp
    
51
      
2,120
  
First Citizens BancShares, Inc. - Class A
    
1
      
1,995
  
Goldman Sachs Group, Inc.
    
24
      
17,366
  
Huntington Bancshares, Inc.
    
111
      
1,824
  
JPMorgan Chase & Co.
    
213
      
63,099
  
M&T Bank Corp.
    
13
      
2,453
  
Morgan Stanley
    
94
      
13,391
  
Northern Trust Corp.
    
15
      
1,950
  
PNC Financial Services Group, Inc.
    
30
      
5,708
  
Regions Financial Corp.
    
69
      
1,748
  
State Street Corp.
    
22
      
2,458
  
Truist Financial Corp.
    
100
      
4,371
  
US Bancorp
    
115
      
5,170
  
Wells Fargo & Co.
    
249
      
20,077
  
             
187,827
  
                 
Beverages - 0.6%
          
Brown-Forman Corp. - Class A
    
4
      
115
  
Brown-Forman Corp. - Class B
    
23
      
663
  
Coca-Cola Co.
    
296
      
20,095
  
Constellation Brands, Inc. - Class A
    
12
      
2,004
  
Keurig Dr Pepper, Inc.
    
92
      
3,004
  
Monster Beverage Corp. (a)
    
53
      
3,114
  
PepsiCo, Inc.
    
105
      
14,482
  
             
43,477
  
                 
Biotechnology - 0.6%
          
Alnylam Pharmaceuticals, Inc. (a)
    
10
      
3,922
  
Amgen, Inc.
    
41
      
12,099
  
Biogen, Inc. (a)
    
11
      
1,408
  
BioMarin Pharmaceutical, Inc. (a)
    
14
      
810
  
Corteva, Inc.
    
53
      
3,823
  
Gilead Sciences, Inc.
    
95
      
10,668
  
Illumina, Inc. (a)
    
12
      
1,232
  
Incyte Corp. (a)
    
12
      
899
  
Regeneron Pharmaceuticals, Inc.
    
8
      
4,364
  
Royalty Pharma PLC - Class A
    
29
      
1,067
  
Vertex Pharmaceuticals, Inc. (a)
    
20
      
9,137
  
             
49,429
  
                 
Building Materials - 0.4%
          
Builders FirstSource, Inc. (a)
    
9
      
1,144
  
Carrier Global Corp.
    
61
      
4,186
  
CRH PLC
    
52
      
4,963
  
Johnson Controls International PLC
    
50
      
5,250
  
Lennox International, Inc.
    
2
      
1,218
  
Martin Marietta Materials, Inc.
    
5
      
2,875
  
Trane Technologies PLC
    
17
      
7,447
  
Vulcan Materials Co.
    
10
      
2,747
  
             
29,830
  
                 
Chemicals - 0.5%
          
Air Products and Chemicals, Inc.
    
17
      
4,894
  
CF Industries Holdings, Inc.
    
13
      
1,207
  
Dow, Inc.
    
54
      
1,258
  
DuPont de Nemours, Inc.
    
32
      
2,301
  
Ecolab, Inc.
    
19
      
4,973
  
International Flavors & Fragrances, Inc.
    
20
      
1,421
  
Linde PLC
    
36
      
16,569
  
LyondellBasell Industries - Class A
    
19
      
1,101
  
PPG Industries, Inc.
    
17
      
1,793
  
Sherwin-Williams Co.
    
18
      
5,956
  
Westlake Corp.
    
3
      
238
  
             
41,711
  
                 
Commercial Services - 0.8%
          
Automatic Data Processing, Inc.
    
31
      
9,595
  
Block, Inc. (a)
    
43
      
3,322
  
Booz Allen Hamilton Holding Corp.
    
10
      
1,073
  
Cintas Corp.
    
26
      
5,786
  
Corpay, Inc. (a)
    
5
      
1,615
  
Equifax, Inc.
    
9
      
2,162
  
Global Payments, Inc.
    
19
      
1,519
  
Moody's Corp.
    
12
      
6,189
  
PayPal Holdings, Inc. (a)
    
76
      
5,226
  
Quanta Services, Inc.
    
11
      
4,467
  
Rollins, Inc.
    
23
      
1,317
  
S&P Global, Inc.
    
24
      
13,226
  
Toast, Inc. - Class A (a)
    
34
      
1,661
  
TransUnion
    
15
      
1,428
  
United Rentals, Inc.
    
5
      
4,415
  
Verisk Analytics, Inc.
    
11
      
3,066
  
             
66,067
  
                 
Computers - 3.9%
          
Accenture PLC - Class A
    
48
      
12,821
  
Amdocs Ltd.
    
8
      
683
  
Amentum Holdings, Inc. (a)
    
1
      
25
  
Apple, Inc.
    
1,118
      
232,063
  
Cognizant Technology Solutions Corp. - Class A
    
38
      
2,727
  
Crowdstrike Holdings, Inc. - Class A (a)
    
19
      
8,637
  
Dell Technologies, Inc. - Class C
    
24
      
3,185
  
Fortinet, Inc. (a)
    
47
      
4,695
  
Gartner, Inc. (a)
    
6
      
2,032
  
Hewlett Packard Enterprise Co.
    
100
      
2,069
  
HP, Inc.
    
72
      
1,786
  
International Business Machines Corp.
    
71
      
17,974
  
Leidos Holdings, Inc.
    
10
      
1,596
  
NetApp, Inc.
    
15
      
1,562
  
Okta, Inc. (a)
    
13
      
1,271
  
Pure Storage, Inc. - Class A (a)
    
24
      
1,428
  
Seagate Technology Holdings PLC
    
15
      
2,355
  
Super Micro Computer, Inc. (a)
    
39
      
2,300
  
Western Digital Corp.
    
27
      
2,125
  
Zscaler, Inc. (a)
    
7
      
1,999
  
             
303,333
  
                 
Cosmetics/Personal Care - 0.5%
          
Colgate-Palmolive Co.
    
62
      
5,199
  
Estee Lauder Cos., Inc. - Class A
    
17
      
1,587
  
Kenvue, Inc.
    
146
      
3,130
  
Procter & Gamble Co.
    
179
      
26,934
  
             
36,850
  
                 
Distribution/Wholesale - 0.2%
          
Copart, Inc. (a)
    
66
      
2,992
  
Fastenal Co.
    
88
      
4,059
  
Watsco, Inc.
    
3
      
1,353
  
WW Grainger, Inc.
    
3
      
3,119
  
             
11,523
  
                 
Diversified Financial Services - 2.3%
          
American Express Co.
    
42
      
12,571
  
Ameriprise Financial, Inc.
    
7
      
3,627
  
Apollo Global Management, Inc.
    
31
      
4,505
  
Ares Management Corp. - Class A
    
15
      
2,783
  
Blackrock, Inc.
    
12
      
13,272
  
Blue Owl Capital, Inc. - Class A
    
44
      
851
  
Capital One Financial Corp.
    
48
      
10,320
  
Cboe Global Markets, Inc.
    
8
      
1,928
  
Charles Schwab Corp.
    
131
      
12,803
  
CME Group, Inc.
    
27
      
7,514
  
Coinbase Global, Inc. - Class A (a)
    
16
      
6,044
  
Interactive Brokers Group, Inc. - Class A
    
32
      
2,098
  
Intercontinental Exchange, Inc.
    
43
      
7,948
  
LPL Financial Holdings, Inc.
    
6
      
2,374
  
Mastercard, Inc. - Class A
    
62
      
35,121
  
Nasdaq, Inc.
    
31
      
2,983
  
Raymond James Financial, Inc.
    
14
      
2,340
  
Rocket Cos., Inc. - Class A
    
10
      
148
  
Synchrony Financial
    
30
      
2,090
  
T Rowe Price Group, Inc.
    
17
      
1,725
  
TPG, Inc.
    
7
      
399
  
Tradeweb Markets, Inc. - Class A
    
9
      
1,247
  
Visa, Inc. - Class A
    
132
      
45,602
  
             
180,293
  
                 
Electric - 1.2%
          
Alliant Energy Corp.
    
20
      
1,300
  
Ameren Corp.
    
20
      
2,023
  
American Electric Power Co., Inc.
    
43
      
4,865
  
CenterPoint Energy, Inc.
    
50
      
1,941
  
CMS Energy Corp.
    
23
      
1,697
  
Consolidated Edison, Inc.
    
27
      
2,795
  
Constellation Energy Corp.
    
24
      
8,348
  
Dominion Energy, Inc.
    
65
      
3,799
  
DTE Energy Co.
    
16
      
2,215
  
Duke Energy Corp.
    
59
      
7,177
  
Edison International
    
29
      
1,512
  
Entergy Corp.
    
33
      
2,984
  
Evergy, Inc.
    
17
      
1,204
  
Eversource Energy
    
28
      
1,851
  
Exelon Corp.
    
77
      
3,460
  
FirstEnergy Corp.
    
42
      
1,794
  
NextEra Energy, Inc.
    
157
      
11,157
  
NRG Energy, Inc.
    
16
      
2,675
  
PG&E Corp.
    
163
      
2,285
  
PPL Corp.
    
57
      
2,034
  
Public Service Enterprise Group, Inc.
    
38
      
3,412
  
Sempra
    
50
      
4,084
  
Southern Co.
    
84
      
7,936
  
Vistra Corp.
    
26
      
5,422
  
WEC Energy Group, Inc.
    
24
      
2,618
  
Xcel Energy, Inc.
    
44
      
3,231
  
             
93,819
  
                 
Electrical Components & Equipment - 0.3%
          
AMETEK, Inc.
    
18
      
3,327
  
Eaton Corp. PLC
    
30
      
11,542
  
Emerson Electric Co.
    
43
      
6,257
  
             
21,126
  
                 
Electronics - 0.5%
          
Amphenol Corp. - Class A
    
91
      
9,693
  
Fortive Corp.
    
26
      
1,246
  
Garmin Ltd.
    
12
      
2,625
  
Honeywell International, Inc.
    
50
      
11,118
  
Hubbell, Inc.
    
4
      
1,750
  
Jabil, Inc.
    
8
      
1,785
  
Keysight Technologies, Inc. (a)
    
13
      
2,131
  
Mettler-Toledo International, Inc. (a)
    
2
      
2,467
  
Ralliant Corp. (a)
    
8
      
366
  
TE Connectivity PLC
    
23
      
4,732
  
Trimble, Inc. (a)
    
19
      
1,594
  
             
39,507
  
                 
Energy-Alternate Sources - 0.0%(b)
          
First Solar, Inc. (a)
    
8
      
1,398
  
                 
Engineering & Construction - 0.0%(b)
          
EMCOR Group, Inc.
    
3
      
1,882
  
Jacobs Solutions, Inc.
    
9
      
1,277
  
             
3,159
  
                 
Entertainment - 0.1%
          
DraftKings, Inc. - Class A (a)
    
37
      
1,666
  
Flutter Entertainment PLC (a)
    
14
      
4,232
  
Live Nation Entertainment, Inc. (a)
    
12
      
1,772
  
TKO Group Holdings, Inc.
    
5
      
840
  
Warner Music Group Corp. - Class A
    
10
      
293
  
             
8,803
  
                 
Environmental Control - 0.2%
          
Republic Services, Inc.
    
16
      
3,690
  
Veralto Corp.
    
18
      
1,887
  
Waste Management, Inc.
    
31
      
7,104
  
             
12,681
  
                 
Food - 0.3%
          
Conagra Brands, Inc.
    
36
      
657
  
General Mills, Inc.
    
42
      
2,057
  
Hershey Co.
    
11
      
2,048
  
Hormel Foods Corp.
    
22
      
618
  
Kellanova
    
21
      
1,677
  
Kraft Heinz Co.
    
66
      
1,812
  
Kroger Co.
    
46
      
3,225
  
McCormick & Co., Inc.
    
19
      
1,342
  
Mondelez International, Inc. - Class A
    
99
      
6,404
  
Sysco Corp.
    
39
      
3,104
  
Tyson Foods, Inc. - Class A
    
22
      
1,151
  
             
24,095
  
                 
Forest Products & Paper - 0.0%(b)
          
International Paper Co.
    
40
      
1,870
  
                 
Gas - 0.0%(b)
          
Atmos Energy Corp.
    
12
      
1,871
  
NiSource, Inc.
    
36
      
1,528
  
             
3,399
  
                 
Healthcare-Products - 1.4%
          
Abbott Laboratories
    
132
      
16,657
  
Agilent Technologies, Inc.
    
22
      
2,526
  
Align Technology, Inc. (a)
    
5
      
645
  
Baxter International, Inc.
    
39
      
849
  
Boston Scientific Corp. (a)
    
113
      
11,856
  
Cooper Cos., Inc. (a)
    
15
      
1,060
  
Danaher Corp.
    
49
      
9,661
  
Edwards Lifesciences Corp. (a)
    
44
      
3,490
  
GE HealthCare Technologies, Inc.
    
35
      
2,496
  
Hologic, Inc. (a)
    
17
      
1,136
  
IDEXX Laboratories, Inc. (a)
    
6
      
3,206
  
Insulet Corp. (a)
    
5
      
1,442
  
Intuitive Surgical, Inc. (a)
    
27
      
12,989
  
Medtronic PLC
    
98
      
8,843
  
Natera, Inc. (a)
    
10
      
1,337
  
ResMed, Inc.
    
11
      
2,991
  
Revvity, Inc.
    
9
      
791
  
STERIS PLC
    
7
      
1,585
  
Stryker Corp.
    
26
      
10,211
  
Thermo Fisher Scientific, Inc.
    
29
      
13,563
  
Waters Corp. (a)
    
5
      
1,444
  
West Pharmaceutical Services, Inc.
    
5
      
1,196
  
Zimmer Biomet Holdings, Inc.
    
15
      
1,375
  
             
111,349
  
                 
Healthcare-Services - 0.5%
          
Centene Corp. (a)
    
38
      
991
  
Cigna Group
    
21
      
5,615
  
Elevance Health, Inc.
    
17
      
4,812
  
HCA Healthcare, Inc.
    
13
      
4,602
  
Humana, Inc.
    
9
      
2,249
  
IQVIA Holdings, Inc. (a)
    
13
      
2,416
  
Labcorp Holdings, Inc.
    
6
      
1,561
  
Molina Healthcare, Inc. (a)
    
4
      
631
  
Quest Diagnostics, Inc.
    
8
      
1,339
  
UnitedHealth Group, Inc.
    
70
      
17,469
  
             
41,685
  
                 
Home Builders - 0.1%
          
DR Horton, Inc.
    
21
      
3,000
  
Lennar Corp. - Class A
    
18
      
2,019
  
Lennar Corp. - Class B
    
1
      
107
  
PulteGroup, Inc.
    
15
      
1,694
  
             
6,820
  
                 
Household Products/Wares - 0.1%
          
Avery Dennison Corp.
    
6
      
1,007
  
Church & Dwight Co., Inc.
    
19
      
1,782
  
Clorox Co.
    
9
      
1,130
  
Kimberly-Clark Corp.
    
25
      
3,115
  
             
7,034
  
                 
Insurance - 1.6%
          
Aflac, Inc.
    
38
      
3,776
  
Allstate Corp.
    
20
      
4,065
  
American International Group, Inc.
    
45
      
3,493
  
Aon PLC - Class A
    
15
      
5,336
  
Arch Capital Group Ltd.
    
27
      
2,324
  
Arthur J Gallagher & Co.
    
19
      
5,458
  
Berkshire Hathaway, Inc. - Class B (a)
    
102
      
48,132
  
Brown & Brown, Inc.
    
18
      
1,645
  
Chubb Ltd.
    
28
      
7,449
  
Cincinnati Financial Corp.
    
12
      
1,770
  
Erie Indemnity Co. - Class A
    
2
      
712
  
Everest Group Ltd.
    
4
      
1,343
  
Hartford Insurance Group, Inc.
    
22
      
2,736
  
Loews Corp.
    
13
      
1,177
  
Markel Group, Inc. (a)
    
1
      
2,008
  
Marsh & McLennan Cos., Inc.
    
38
      
7,570
  
MetLife, Inc.
    
44
      
3,342
  
Principal Financial Group, Inc.
    
17
      
1,323
  
Progressive Corp.
    
45
      
10,892
  
Prudential Financial, Inc.
    
27
      
2,797
  
Ryan Specialty Holdings, Inc.
    
8
      
489
  
Travelers Cos., Inc.
    
17
      
4,424
  
W R Berkley Corp.
    
23
      
1,583
  
Willis Towers Watson PLC
    
8
      
2,526
  
             
126,370
  
                 
Internet - 7.4%
          
Airbnb, Inc. - Class A (a)
    
32
      
4,237
  
Alphabet, Inc. - Class A
    
445
      
85,396
  
Alphabet, Inc. - Class C
    
391
      
75,408
  
Amazon.com, Inc. (a)
    
723
      
169,262
  
Booking Holdings, Inc.
    
2
      
11,008
  
CDW Corp.
    
10
      
1,744
  
Coupang, Inc. (a)
    
86
      
2,531
  
DoorDash, Inc. - Class A (a)
    
25
      
6,256
  
eBay, Inc.
    
36
      
3,303
  
Expedia Group, Inc.
    
9
      
1,622
  
GoDaddy, Inc. - Class A (a)
    
10
      
1,616
  
MercadoLibre, Inc. (a)
    
4
      
9,496
  
Meta Platforms, Inc. - Class A
    
167
      
129,164
  
Netflix, Inc. (a)
    
32
      
37,101
  
Palo Alto Networks, Inc. (a)
    
50
      
8,680
  
Pinterest, Inc. - Class A (a)
    
45
      
1,737
  
Reddit, Inc. - Class A (a)
    
8
      
1,285
  
Robinhood Markets, Inc. - Class A (a)
    
56
      
5,771
  
Snap, Inc. - Class A (a)
    
82
      
773
  
Spotify Technology SA (a)
    
12
      
7,518
  
Uber Technologies, Inc. (a)
    
154
      
13,513
  
VeriSign, Inc.
    
6
      
1,613
  
             
579,034
  
                 
Iron/Steel - 0.1%
          
Nucor Corp.
    
18
      
2,575
  
Reliance, Inc.
    
4
      
1,161
  
Steel Dynamics, Inc.
    
11
      
1,403
  
             
5,139
  
                 
Leisure Time - 0.1%
          
Carnival Corp. (a)
    
80
      
2,382
  
Royal Caribbean Cruises Ltd.
    
19
      
6,039
  
             
8,421
  
                 
Lodging - 0.1%
          
Hilton Worldwide Holdings, Inc.
    
18
      
4,826
  
Las Vegas Sands Corp.
    
26
      
1,362
  
Marriott International, Inc. - Class A
    
18
      
4,749
  
             
10,937
  
                 
Machinery-Construction & Mining - 0.4%
          
Caterpillar, Inc.
    
37
      
16,207
  
GE Vernova, Inc.
    
21
      
13,866
  
Vertiv Holdings Co. - Class A
    
26
      
3,785
  
             
33,858
  
                 
Machinery-Diversified - 0.3%
          
Deere & Co.
    
19
      
9,963
  
Dover Corp.
    
10
      
1,811
  
IDEX Corp.
    
6
      
981
  
Ingersoll Rand, Inc.
    
31
      
2,624
  
Otis Worldwide Corp.
    
30
      
2,571
  
Rockwell Automation, Inc.
    
9
      
3,165
  
Westinghouse Air Brake Technologies Corp.
    
13
      
2,497
  
Xylem, Inc.
    
18
      
2,603
  
             
26,215
  
                 
Management of Companies and Enterprises - 0.0%(b)
          
VIKING HOLDINGS Ltd. (a)
    
10
      
587
  
                 
Media - 0.4%
          
Charter Communications, Inc. - Class A (a)
    
7
      
1,886
  
Comcast Corp. - Class A
    
285
      
9,471
  
FactSet Research Systems, Inc.
    
3
      
1,209
  
Fox Corp. - Class A
    
16
      
892
  
Fox Corp. - Class B
    
10
      
511
  
Walt Disney Co.
    
138
      
16,437
  
Warner Bros Discovery, Inc. (a)
    
172
      
2,265
  
             
32,671
  
                 
Mining - 0.2%
          
Anglogold Ashanti PLC
    
38
      
1,757
  
Freeport-McMoRan, Inc.
    
109
      
4,386
  
Newmont Corp.
    
86
      
5,341
  
Southern Copper Corp.
    
7
      
659
  
             
12,143
  
                 
Miscellaneous Manufacturing - 0.3%
          
3M Co.
    
41
      
6,118
  
Axon Enterprise, Inc. (a)
    
6
      
4,533
  
Carlisle Cos., Inc.
    
3
      
1,064
  
Illinois Tool Works, Inc.
    
22
      
5,632
  
Parker-Hannifin Corp.
    
10
      
7,319
  
Teledyne Technologies, Inc. (a)
    
4
      
2,204
  
             
26,870
  
                 
Office-Business Equipment - 0.0%(b)
          
Zebra Technologies Corp. - Class A (a)
    
4
      
1,356
  
                 
Oil & Gas - 1.2%
          
Chevron Corp.
    
146
      
22,139
  
ConocoPhillips
    
97
      
9,248
  
Coterra Energy, Inc.
    
58
      
1,415
  
Devon Energy Corp.
    
46
      
1,528
  
Diamondback Energy, Inc.
    
14
      
2,081
  
EOG Resources, Inc.
    
42
      
5,041
  
EQT Corp.
    
44
      
2,365
  
Expand Energy Corp.
    
16
      
1,677
  
Exxon Mobil Corp.
    
330
      
36,841
  
Marathon Petroleum Corp.
    
24
      
4,085
  
Occidental Petroleum Corp.
    
56
      
2,461
  
Phillips 66
    
31
      
3,831
  
Texas Pacific Land Corp.
    
1
      
968
  
Valero Energy Corp.
    
24
      
3,295
  
             
96,975
  
                 
Oil & Gas Services - 0.1%
          
Baker Hughes Co.
    
76
      
3,424
  
Halliburton Co.
    
66
      
1,478
  
Schlumberger NV
    
104
      
3,515
  
             
8,417
  
                 
Packaging & Containers - 0.1%
          
Amcor PLC
    
110
      
1,029
  
Ball Corp.
    
21
      
1,202
  
Packaging Corp. of America
    
7
      
1,356
  
Smurfit WestRock PLC
    
39
      
1,731
  
             
5,318
  
                 
Pharmaceuticals - 2.1%
          
AbbVie, Inc.
    
135
      
25,518
  
Becton Dickinson & Co.
    
22
      
3,921
  
Bristol-Myers Squibb Co.
    
155
      
6,713
  
Cardinal Health, Inc.
    
18
      
2,794
  
Cencora, Inc.
    
13
      
3,719
  
CVS Health Corp.
    
96
      
5,962
  
Dexcom, Inc. (a)
    
30
      
2,423
  
Eli Lilly & Co.
    
65
      
48,105
  
Johnson & Johnson
    
184
      
30,312
  
McKesson Corp.
    
10
      
6,935
  
Merck & Co., Inc.
    
193
      
15,077
  
Pfizer, Inc.
    
433
      
10,085
  
Zoetis, Inc.
    
34
      
4,957
  
             
166,521
  
                 
Pipelines - 0.3%
          
Cheniere Energy, Inc.
    
17
      
4,010
  
Kinder Morgan, Inc.
    
149
      
4,181
  
ONEOK, Inc.
    
48
      
3,941
  
Targa Resources Corp.
    
16
      
2,663
  
Venture Global, Inc. - Class A
    
25
      
383
  
Williams Cos., Inc.
    
93
      
5,575
  
             
20,753
  
                 
Private Equity - 0.2%
          
Blackstone, Inc.
    
55
      
9,513
  
KKR & Co., Inc.
    
52
      
7,622
  
             
17,135
  
                 
Real Estate - 0.1%
          
CBRE Group, Inc. - Class A (a)
    
23
      
3,582
  
CoStar Group, Inc. (a)
    
32
      
3,046
  
             
6,628
  
                 
Retail - 2.3%
          
AutoZone, Inc. (a)
    
1
      
3,768
  
Best Buy Co., Inc.
    
14
      
911
  
Carvana Co. (a)
    
9
      
3,512
  
Chipotle Mexican Grill, Inc. (a)
    
103
      
4,417
  
Costco Wholesale Corp.
    
34
      
31,948
  
Darden Restaurants, Inc.
    
9
      
1,815
  
Dollar General Corp.
    
17
      
1,783
  
Dollar Tree, Inc. (a)
    
15
      
1,703
  
Ferguson Enterprises, Inc.
    
14
      
3,127
  
Genuine Parts Co.
    
10
      
1,289
  
Home Depot, Inc.
    
76
      
27,931
  
Lowe's Cos., Inc.
    
43
      
9,614
  
Lululemon Athletica, Inc. (a)
    
8
      
1,604
  
McDonald's Corp.
    
56
      
16,804
  
O'Reilly Automotive, Inc. (a)
    
66
      
6,489
  
Ross Stores, Inc.
    
25
      
3,413
  
Starbucks Corp.
    
85
      
7,579
  
Target Corp.
    
35
      
3,517
  
TJX Cos., Inc.
    
85
      
10,585
  
Tractor Supply Co.
    
41
      
2,335
  
Ulta Beauty, Inc. (a)
    
3
      
1,545
  
Walmart, Inc.
    
333
      
32,627
  
Williams-Sonoma, Inc.
    
9
      
1,683
  
Yum! Brands, Inc.
    
21
      
3,027
  
             
183,026
  
                 
Semiconductors - 6.9%
          
Advanced Micro Devices, Inc. (a)
    
123
      
21,686
  
Analog Devices, Inc.
    
38
      
8,536
  
Applied Materials, Inc.
    
62
      
11,164
  
Broadcom, Inc.
    
352
      
103,382
  
Entegris, Inc.
    
12
      
942
  
GLOBALFOUNDRIES, Inc. (a)
    
6
      
224
  
Intel Corp.
    
333
      
6,593
  
KLA Corp.
    
10
      
8,790
  
Lam Research Corp.
    
98
      
9,294
  
Marvell Technology, Inc.
    
66
      
5,305
  
Microchip Technology, Inc.
    
40
      
2,704
  
Micron Technology, Inc.
    
85
      
9,277
  
Monolithic Power Systems, Inc.
    
4
      
2,845
  
NVIDIA Corp.
    
1,806
      
321,233
  
ON Semiconductor Corp. (a)
    
32
      
1,804
  
QUALCOMM, Inc.
    
84
      
12,328
  
Teradyne, Inc.
    
12
      
1,289
  
Texas Instruments, Inc.
    
69
      
12,493
  
             
539,889
  
                 
Software - 6.7%
          
Adobe, Inc. (a)
    
33
      
11,804
  
Akamai Technologies, Inc. (a)
    
11
      
839
  
AppLovin Corp. - Class A (a)
    
19
      
7,423
  
Atlassian Corp. - Class A (a)
    
13
      
2,493
  
Autodesk, Inc. (a)
    
16
      
4,850
  
Bentley Systems, Inc. - Class B
    
12
      
696
  
Broadridge Financial Solutions, Inc.
    
9
      
2,228
  
Cadence Design Systems, Inc. (a)
    
21
      
7,656
  
Cloudflare, Inc. - Class A (a)
    
23
      
4,777
  
Datadog, Inc. - Class A (a)
    
24
      
3,360
  
Electronic Arts, Inc.
    
18
      
2,745
  
Fair Isaac Corp. (a)
    
2
      
2,873
  
Fidelity National Information Services, Inc.
    
40
      
3,176
  
Fiserv, Inc. (a)
    
42
      
5,835
  
HubSpot, Inc. (a)
    
4
      
2,079
  
Intuit, Inc.
    
21
      
16,488
  
Microsoft Corp.
    
561
      
299,294
  
MicroStrategy, Inc. - Class A (a)
    
19
      
7,635
  
MongoDB, Inc. (a)
    
6
      
1,427
  
MSCI, Inc.
    
6
      
3,368
  
Oracle Corp.
    
125
      
31,721
  
Palantir Technologies, Inc. - Class A (a)
    
159
      
25,178
  
Paychex, Inc.
    
25
      
3,608
  
PTC, Inc. (a)
    
9
      
1,933
  
ROBLOX Corp. - Class A (a)
    
43
      
5,925
  
Roper Technologies, Inc.
    
8
      
4,403
  
Salesforce, Inc.
    
71
      
18,341
  
Samsara, Inc. - Class A (a)
    
22
      
837
  
ServiceNow, Inc. (a)
    
16
      
15,090
  
Snowflake, Inc. - Class A (a)
    
24
      
5,364
  
SS&C Technologies Holdings, Inc.
    
16
      
1,368
  
Synopsys, Inc. (a)
    
14
      
9,109
  
Take-Two Interactive Software, Inc. (a)
    
13
      
2,895
  
Tyler Technologies, Inc. (a)
    
3
      
1,754
  
Veeva Systems, Inc. - Class A (a)
    
11
      
3,126
  
Workday, Inc. - Class A (a)
    
16
      
3,670
  
Zoom Communications, Inc. (a)
    
20
      
1,481
  
             
526,849
  
                 
Telecommunications - 1.0%
          
Arista Networks, Inc. (a)
    
79
      
9,734
  
AT&T, Inc.
    
549
      
15,048
  
Cisco Systems, Inc.
    
304
      
20,696
  
Corning, Inc.
    
59
      
3,731
  
Motorola Solutions, Inc.
    
13
      
5,707
  
T-Mobile US, Inc.
    
37
      
8,821
  
Verizon Communications, Inc.
    
323
      
13,812
  
             
77,549
  
                 
Transportation - 0.4%
          
CSX Corp.
    
149
      
5,296
  
Expeditors International of Washington, Inc.
    
10
      
1,162
  
FedEx Corp.
    
17
      
3,799
  
JB Hunt Transport Services, Inc.
    
6
      
864
  
Norfolk Southern Corp.
    
17
      
4,726
  
Old Dominion Freight Line, Inc.
    
14
      
2,090
  
Union Pacific Corp.
    
46
      
10,211
  
United Parcel Service, Inc. - Class B
    
56
      
4,825
  
             
32,973
  
                 
Water - 0.0%(b)
          
American Water Works Co., Inc.
    
15
      
2,104
  
TOTAL COMMON STOCKS (Cost $3,720,555)
      
4,093,711
  
                 
CORPORATE BONDS - 19.0%
  
Par
    
Value
  
Diversified Financial Services - 19.0%
  
GS Finance Corp., 0.00%, 09/02/2026 (a)(c)(d)
  
$
1,492,000
      
1,495,133
  
TOTAL CORPORATE BONDS (Cost $1,492,000)
      
1,495,133
  
                 
REAL ESTATE INVESTMENT TRUSTS - COMMON - 0.9%
  
Shares
    
Value
 
REITS - 0.9%
          
Alexandria Real Estate Equities, Inc.
    
12
      
917
  
American Tower Corp.
    
36
      
7,502
  
AvalonBay Communities, Inc.
    
11
      
2,049
  
Crown Castle, Inc.
    
33
      
3,468
  
Digital Realty Trust, Inc.
    
26
      
4,587
  
Equinix, Inc.
    
7
      
5,496
  
Equity Residential
    
26
      
1,643
  
Essex Property Trust, Inc.
    
5
      
1,301
  
Extra Space Storage, Inc.
    
16
      
2,150
  
Healthpeak Properties, Inc.
    
53
      
898
  
Invitation Homes, Inc.
    
44
      
1,349
  
Iron Mountain, Inc.
    
22
      
2,142
  
Mid-America Apartment Communities, Inc.
    
9
      
1,282
  
Prologis, Inc.
    
71
      
7,581
  
Public Storage
    
12
      
3,263
  
Realty Income Corp.
    
68
      
3,817
  
SBA Communications Corp.
    
8
      
1,798
  
Simon Property Group, Inc.
    
25
      
4,095
  
Sun Communities, Inc.
    
10
      
1,240
  
Ventas, Inc.
    
33
      
2,217
  
VICI Properties, Inc.
    
81
      
2,641
  
Welltower, Inc.
    
49
      
8,088
  
Weyerhaeuser Co.
    
55
      
1,378
  
             
70,902
  
TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON (Cost $72,419)
      
70,902
  
                 
SHORT-TERM INVESTMENTS - 27.9%
          
Value
 
U.S. Treasury Bills - 27.9%
  
Par
          
0.00%, 08/26/2025 (a)(d)(e)
  
$
2,205,000
      
2,198,426
  
TOTAL SHORT-TERM INVESTMENTS (Cost $2,198,438)
      
2,198,426
  
                 
TOTAL INVESTMENTS - 99.8% (Cost $7,483,412)
      
7,858,172
  
Money Market Deposit Account - 9.6% (f)
      
758,492
  
Liabilities in Excess of Other Assets - (9.4)%
      
(739,388
)
TOTAL NET ASSETS - 100.0%
          
$
7,877,276
  
two
      
–
%
Percentages are stated as a percent of net assets.
      
–
%

PLC - Public Limited Company
REIT - Real Estate Investment Trust

(a)
Non-income producing security.
(b)
Represents less than 0.05% of net assets.
(c)
Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $1,495,133 or 19.0% of net assets as of July 31, 2025.
(d)
Zero coupon bonds make no periodic interest payments.
(e)
All or a portion of security has been pledged as collateral for written options.
(f)
The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of July 31, 2025 was 4.20%.
   
Innovator Equity Premium Income - Daily PutWrite ETF
  
Schedule of Written Options
  
July 31, 2025 (Unaudited)
  
   
WRITTEN OPTIONS - (0.0)%
  
Notional Amount
    
Contracts
    
Value
  
Put Options - (0.0)% (a)
  
S&P 500 Mini Index, Expiration: 08/01/2025; Exercise Price: $625.00 (b)(c)
  
$
(1,838,426
)
    
(29
)
  
$
(1,160
)
TOTAL WRITTEN OPTIONS (Premiums received $828)
                  
$
(1,160
)
   
Percentages are stated as a percent of net assets.
  

(a)
Represents less than 0.05% of net assets.
(b)
Exchange-traded.
(c)
100 shares per contract.
Summary of Fair Value Disclosure as of July 31, 2025 (Unaudited)
 
Innovator Equity Premium Income - Daily PutWrite ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of July 31, 2025:
 

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
Investments:
                        
  Common Stocks
  
$
4,093,711
    
$
–
    
$
–
    
$
4,093,711
  
  Corporate Bonds
    
–
      
–
      
1,495,133
      
1,495,133
  
  Real Estate Investment Trusts - Common
    
70,902
      
–
      
–
      
70,902
  
  U.S. Treasury Bills
    
–
      
2,198,426
      
–
      
2,198,426
  
Total Investments
  
$
4,164,613
    
$
2,198,426
    
$
1,495,133
    
$
7,858,172
  
                                 
Liabilities:
                                
Investments:
                                
  Written Options
  
$
–
    
$
(1,160
)
  
$
–
    
$
(1,160
)
Total Investments
  
$
–
    
$
(1,160
)
  
$
–
    
$
(1,160
)
   
   
Refer to the Schedule of Investments for further disaggregation of investment categories.
  
   
Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were transfers of Level 3 securities during the reporting period as compared to the security classifications from the prior year’s annual report.
  
   


Allocation of Portfolio Holdings as of July 31, 2025
(% of Net Assets)

Common Stocks
  
$
4,093,711
      
52.0
%
Corporate Bonds
    
1,495,133
      
19.0
  
Real Estate Investment Trusts - Common
    
70,902
      
0.9
  
Written Options
    
(1,160
)
    
0.0
  
U.S. Treasury Bills
    
2,198,426
      
27.9
  
Money Market Deposit Account
    
758,492
      
9.6
  
Liabilities in Excess of Other Assets
    
(738,228
)
    
(9.4
)
   
$
7,877,276
      
100.0
%


SPUT
      

 
Corporate Bonds
  
Balance as of October 31, 2024
  
$
-
  
Accrued Accretion/Amortization
    
40,891
  
Realized Gain/(Loss)
    
(98,278
)
Change in Unrealized Appreciation/(Depreciation)
    
3,133
  
Purchases
    
3,937,591
  
Sales
    
(2,388,204
)
Transfer into and/or out of Level 3
    
-
  
Balance as of July 31, 2025
  
$
1,495,133
  
 
        
Change in unrealized appreciation/(depreciation) during the period for Level 3 investments held at April 30, 2025:
        
 
$
3,133