Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (AAPR)

48 + Investors. Track Smart Money conviction in AAPR. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
27%

Smart Money Signals — AAPR

Based on 48 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their AAPR positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 89% of 2.0Y peak

89% of all-time peak
48 funds currently hold this stock — 89% of the 2.0-year high of 54 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

fund count last 6Q
3 fewer hedge funds hold AAPR compared to a year ago (-6% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 27% buying

8 buying22 selling
Last quarter: 22 funds sold vs only 8 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~4 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 0 → 7 → 4 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 19% entered in last year

■ 0% conviction (2yr+) ■ 81% medium ■ 19% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
➡️

Steady discovery — ~4 new funds/quarter

4 → 0 → 7 → 4 → 4 new funds/Q
New funds entering each quarter: 0 → 7 → 4 → 4. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 0% veterans, 17% new entrants

■ 0% veterans ■ 83% 1-2yr ■ 17% new
Of 48 current holders: 0 (0%) held 2+ years, 40 held 1–2 years, 8 (17%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 10% AUM from top-100

10% from top-100 AUM funds
5 of 48 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AAPR

In 2026 Q1, 8 hedge funds were net buyers of AAPR (4 opened a new position, 4 added to an existing one), while 22 reduced or exited (17 trimmed, 5 sold completely) — a 27% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 48.

Hedge Fund Ownership: AAPR

How many hedge funds hold AAPR — quarterly history vs. share price
Quarterly hedge fund ownership of AAPR vs. share price

Market Analysis: AAPR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AAPR

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Innovator Etfs Trust (AAPR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AAPR has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 84d ago
AAPR
+1.9%
SPY
+14.9%

AAPR outperformed SPY by -13.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
AAPR
-0.1%
SPY
+1.1%

Since the filing became public, AAPR outperformed SPY by -1.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: AAPR
48 + Investors

Track Smart Money conviction in AAPR. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 48 49 -2.04%
13F Shares 906K 1M -17.1%
Total Value $26M $31M -15.78%
New Positions 4 4 -
Increased Positions 4 9 -5
Closed Positions 5 2 +3
Reduced Positions 17 13 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: AAPR

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

48 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AAPR. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AAPR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Crosspoint Financial, LLC 1.37% 18,875 $543K
2 Peak Wealth Management LLC 0.49% 20,651 $595K
3 Crown Wealth Group, LLC 0.25% 29,483 $849K
4 Three Seasons Wealth, LLC 0.14% 12,747 $367K
5 Centaurus Financial, INC. 0.10% 75,005 $2.2M
6 BridgePort Financial Solutions, LLC 0.09% 10,437 $300K
7 Keystone Wealth Services, LLC 0.08% 12,242 $352K
8 Kfg Wealth Management, LLC 0.07% 19,322 $556K
9 Lineweaver Wealth Advisors, LLC 0.07% 18,475 $532K
10 Garden State Investment Advisory Services LLC 0.06% 10,075 $290K
11 Diligent Investors, LLC 0.05% 7,550 $217K
12 Cypress Wealth Services, LLC 0.05% 12,519 $360K
13 PlanVest Financial, Inc 0.04% 2,006 $58K
14 Trek Financial, LLC 0.04% 26,832 $772K
15 Triumph Capital Management 0.04% 6,200 $178K
16 Glen Eagle Advisors, LLC 0.02% 5,640 $162K
17 NBZ Investment Advisors LLC 0.02% 1,635 $47K
18 Axxcess Wealth Management, LLC 0.02% 18,846 $543K
19 Spire Wealth Management 0.02% 17,400 $501K
20 Kestra Advisory Services, LLC 0.01% 127,954 $3.7M
21 Visionary Wealth Advisors 0.01% 9,630 $277K
22 Old Mission Capital LLC 0.01% 25,291 $728K
23 World Investment Advisors 0.01% 22,896 $659K
24 Brookstone Capital Management 0.01% 19,179 $552K
25 Foundations Investment Advisors, LLC 0.01% 14,474 $417K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Innovator Etfs Trust (AAPR)

What does the Smart Money Trend signal show for AAPR?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their AAPR positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for AAPR?

Heavy selling pressure — only 27% buying: Last quarter: 22 funds sold vs only 8 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for AAPR holders?

Smaller funds dominant — 10% AUM from top-100: 5 of 48 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held AAPR?

Mostly new holders — 19% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Innovator Etfs Trust (AAPR) following the 2026 Q1 hedge fund 13F filings?

As of today, AAPR has moved -0.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -1.2%. Since the quarter end (March 31, 2026), AAPR has gained +1.9% vs +14.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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