Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (AJUL)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
25%

Smart Money Signals — AJUL

Based on 43 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 AJUL 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 — 93% of 1.8Y peak

93% of all-time peak
43 funds currently hold this stock — 93% of the 1.8-year high of 46 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding AJUL is almost the same as a year ago (+1 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🔴

Heavy selling pressure — only 25% buying

7 buying21 selling
Last quarter: 21 funds sold vs only 7 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~3 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 7 → 7 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 21% entered in last year

0% conviction (2yr+) 79% medium 21% 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.
📊

Peak discovery — momentum slowing

3 → 6 → 7 → 7 → 3 new funds/Q
New funds entering each quarter: 6 → 7 → 7 → 3. AJUL is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 0% veterans, 30% new entrants

0% veterans 70% 1-2yr 30% new
Of 43 current holders: 0 (0%) held 2+ years, 30 held 1–2 years, 13 (30%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 1% AUM from top-100

1% from top-100 AUM funds
3 of 43 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.6
out of 10
Moderate Exit Risk
Exit risk score 4.6/10 — 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 — AJUL

In 2026 Q1, 7 hedge funds were net buyers of AJUL (3 opened a new position, 4 added to an existing one), while 21 reduced or exited (15 trimmed, 6 sold completely) — a 25% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 43.

Hedge Fund Ownership: AJUL

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

Market Analysis: AJUL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AJUL

-- --

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

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

Signal Freshness measures how much AJUL 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 · 86d ago
AJUL
+3.6%
SPY
+13.0%

AJUL outperformed SPY by -9.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 41d ago
AJUL
+0.6%
SPY
-0.5%

Since the filing became public, AJUL outperformed SPY by +1.1% .

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
0.1
/ 10
conviction
Hedge Fund Positioning: AJUL
42 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 42 46 -8.7%
13F Shares 864K 960K -9.99%
Total Value $25M $28M -11.46%
New Positions 2 7 -5
Increased Positions 4 5 -1
Closed Positions 6 2 +4
Reduced Positions 15 14 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: AJUL

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Financial Highlights

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Institutional Holders (2026 Q1)

42 + investors

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

QUARTER:
Top 25 AJUL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mtm Financial Group, LLC 0.31% 22,662 $657K
2 Three Seasons Wealth, LLC 0.12% 10,520 $305K
3 Maia Wealth LLC 0.09% 19,220 $557K
4 TopTier Wealth Management, LLC 0.09% 5,131 $149K
5 Applied Capital LLC 0.08% 7,736 $224K
6 Able Wealth Management LLC 0.06% 7,776 $225K
7 Comprehensive Financial Consultants Institutional, Inc. 0.06% 6,997 $203K
8 Syntegra Private Wealth Group, LLC 0.06% 20,353 $590K
9 Cypress Wealth Services, LLC 0.05% 11,357 $329K
10 Kfg Wealth Management, LLC 0.04% 11,417 $331K
11 Trek Financial, LLC 0.03% 16,252 $471K
12 Tradition Wealth Management, LLC 0.02% 8,307 $241K
13 Cornerstone Wealth Group, LLC 0.02% 8,960 $265K
14 Belpointe Asset Management LLC 0.02% 14,973 $434K
15 Old Mission Capital LLC 0.01% 28,661 $831K
16 Noble Wealth Management PBC 0.01% 480 $14K
17 HighTower Advisors, LLC 0.01% 215,408 $6.2M
18 Kestra Advisory Services, LLC 0.01% 56,286 $1.6M
19 Brookstone Capital Management 0.01% 17,960 $521K
20 Centaurus Financial, INC. 0.01% 3,864 $112K
21 Foundations Investment Advisors, LLC 0.01% 14,761 $428K
22 CoreCap Advisors, LLC 0.00% 4,927 $143K
23 Harbor Investment Advisory, LLC 0.00% 2,128 $62K
24 World Investment Advisors 0.00% 10,299 $299K
25 Fort Washington Investment Advisors Inc /Oh/ 0.00% 29,500 $855K
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 (AJUL)

What does the Smart Money Trend signal show for AJUL?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their AJUL 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 AJUL?

Heavy selling pressure — only 25% buying: Last quarter: 21 funds sold vs only 7 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 AJUL holders?

Smaller funds dominant — 1% AUM from top-100: 3 of 43 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held AJUL?

Mostly new holders — 21% 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 (AJUL) following the 2026 Q1 hedge fund 13F filings?

As of today, AJUL has moved +0.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of +1.1%. Since the quarter end (March 31, 2026), AJUL has gained +3.6% vs +13.0% 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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