Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (APRH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
2Q ▼
Buyers last Q
21%

Smart Money Signals — APRH

Based on 25 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their APRH 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 — 86% of 3.0Y peak

86% of all-time peak
25 funds currently hold this stock — 86% of the 3.0-year high of 29 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 APRH is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🔴

Heavy selling pressure — only 21% buying

4 buying15 selling
Last quarter: 15 funds sold vs only 4 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~2 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 5 → 3 → 2. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 40% medium ■ 16% new
11 out of 25 hedge funds have held APRH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
⚠️

Saturation — most institutions already know this story

6 → 5 → 5 → 3 → 2 new funds/Q
New funds entering each quarter: 5 → 5 → 3 → 2. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Veteran-anchored — 40% veterans vs 36% newcomers

■ 40% veterans ■ 24% 1-2yr ■ 36% new
Entry-cohort mix of 25 holders: 10 (40%) are 2+ year veterans, 6 entered 1–2 years ago, and 9 (36%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 6% AUM from top-100

6% from top-100 AUM funds
3 of 25 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — 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 — APRH

In 2026 Q2, 4 hedge funds were net buyers of APRH (2 opened a new position, 2 added to an existing one), while 15 reduced or exited (12 trimmed, 3 sold completely) — a 21% buyer ratio, indicating net institutional distribution. Net selling has persisted for two consecutive quarters. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 25.

Hedge Fund Ownership: APRH

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

Market Analysis: APRH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: APRH

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: APRH
25 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 25 26 -3.85%
13F Shares 461K 550K -16.14%
Total Value $11M $13M -15.08%
New Positions 2 3 -1
Increased Positions 2 8 -6
Closed Positions 3 6 -3
Reduced Positions 12 5 +7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: APRH

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

25 + investors

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

QUARTER:
Top 25 APRH holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Whipplewood Advisors, LLC 0.53% 31,381 $782K
2 Red Reef Advisors LLC 0.53% 22,900 $571K
3 Mtm Financial Group, LLC 0.12% 11,229 $280K
4 Chapman Financial Group, LLC 0.08% 4,800 $120K
5 Maia Wealth LLC 0.06% 15,043 $375K
6 World Investment Advisors 0.04% 109,981 $2.7M
7 Nalls Sherbakoff Group, LLC 0.03% 1,795 $44K
8 Harbour Investments, INC. 0.03% 87,521 $2.2M
9 Soltis Investment Advisors LLC 0.02% 11,421 $285K
10 Sound Income Strategies, LLC 0.01% 8,806 $220K
11 Brookstone Capital Management 0.01% 27,206 $678K
12 Vestmark Advisory Solutions, Inc. 0.00% 9,200 $229K
13 Harbor Investment Advisory, LLC 0.00% 1,018 $25K
14 Commonwealth Equity Services, LLC 0.00% 28,179 $703K
15 HighTower Advisors, LLC 0.00% 23,738 $592K
16 Mml Investors Services, LLC 0.00% 9,382 $234K
17 AE Wealth Management LLC 0.00% 2,629 $66K
18 CoreCap Advisors, LLC 0.00% 387 $10K
19 Farther Finance Advisors, LLC 0.00% 1,157 $29K
20 LPL Financial LLC 0.00% 17,530 $437K
21 IFP Advisors, Inc 0.00% 130 $3K
22 Susquehanna International Group, LLP 0.00% 26,138 $652K
23 Osaic Holdings, INC. 0.00% 917 $23K
24 Goldman Sachs Group Inc 0.00% 8,505 $212K
25 UBS Group AG 0.00% 328 $8K
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 (APRH)

What does the Smart Money Trend signal show for APRH?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their APRH 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 APRH?

Heavy selling pressure — only 21% buying: Last quarter: 15 funds sold vs only 4 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 APRH holders?

Smaller funds dominant — 6% AUM from top-100: 3 of 25 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held APRH?

44% of holders stayed for 2+ years: 11 out of 25 hedge funds have held APRH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

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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