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
↓ -3
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — APRH

Based on 26 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 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 — 90% of 3.0Y peak

90% of all-time peak
26 funds currently hold this stock — 90% 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.
🚀

Fast accumulation — +24% more funds vs a year ago

fund count last 6Q
+5 new funds entered over the past year (+24% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 50% buying

11 buying11 selling
Last quarter: 11 funds bought or added vs 11 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~3 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 5 → 5 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 38% long-term, 15% new

■ 38% conviction (2yr+) ■ 46% medium ■ 15% new
Of the 26 current holders: 10 (38%) held >2 years, 12 held 1–2 years, and 4 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
📊

Peak discovery — momentum slowing

5 → 6 → 5 → 5 → 3 new funds/Q
New funds entering each quarter: 6 → 5 → 5 → 3. APRH is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 46% veterans vs 35% newcomers

■ 46% veterans ■ 19% 1-2yr ■ 35% new
Entry-cohort mix of 26 holders: 12 (46%) are 2+ year veterans, 5 entered 1–2 years ago, and 9 (35%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 8% AUM from top-100

8% from top-100 AUM funds
4 of 26 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 Q1, 11 hedge funds were net buyers of APRH (3 opened a new position, 8 added to an existing one), while 11 reduced or exited (5 trimmed, 6 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 26.

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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: APRH
2026 Q2 Stats Unlock in 6 days 25 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 25 29 -13.79%
13F Shares 538K 547K -1.66%
Total Value $13M $13M -2.17%
New Positions 2 5 -3
Increased Positions 8 7 +1
Closed Positions 6 2 +4
Reduced Positions 5 12 -7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: APRH

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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 Q1)

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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Whipplewood Advisors, LLC 0.40% 31,480 $772K
2 Mtm Financial Group, LLC 0.13% 11,714 $287K
3 Chapman Financial Group, LLC 0.08% 4,800 $118K
4 Maia Wealth LLC 0.07% 17,859 $438K
5 Harbour Investments, INC. 0.05% 137,309 $3.4M
6 World Investment Advisors 0.04% 109,981 $2.7M
7 Sunbelt Securities, Inc. 0.02% 15,146 $371K
8 Old Mission Capital LLC 0.01% 35,317 $866K
9 Soltis Investment Advisors LLC 0.01% 8,469 $208K
10 Brookstone Capital Management 0.01% 37,850 $928K
11 Sound Income Strategies, LLC 0.01% 8,806 $216K
12 Vestmark Advisory Solutions, Inc. 0.00% 9,200 $226K
13 Harbor Investment Advisory, LLC 0.00% 1,018 $25K
14 Commonwealth Equity Services, LLC 0.00% 33,555 $823K
15 Mml Investors Services, LLC 0.00% 12,069 $296K
16 HighTower Advisors, LLC 0.00% 23,738 $582K
17 CoreCap Advisors, LLC 0.00% 501 $12K
18 AE Wealth Management LLC 0.00% 2,629 $64K
19 Farther Finance Advisors, LLC 0.00% 1,478 $36K
20 Cwm, LLC 0.00% 1,944 $48K
21 LPL Financial LLC 0.00% 18,447 $452K
22 IFP Advisors, Inc 0.00% 130 $3K
23 Goldman Sachs Group Inc 0.00% 13,305 $326K
24 Osaic Holdings, INC. 0.00% 917 $22K
25 Susquehanna International Group, LLP 0.00% 10,425 $256K
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 — 1 quarter in a row: For 1 consecutive quarter, 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?

Slight buying edge — 50% buying: Last quarter: 11 funds bought or added vs 11 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for APRH holders?

Smaller funds dominant — 8% AUM from top-100: 4 of 26 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held APRH?

Mixed — 38% long-term, 15% new: Of the 26 current holders: 10 (38%) held >2 years, 12 held 1–2 years, and 4 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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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