Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (BFRZ)

49 + Investors. Track Smart Money conviction in BFRZ. 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
↑ +20
Streak
4Q ▲
Buyers last Q
84%

Smart Money Signals — BFRZ

Based on 50 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added BFRZ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
50 hedge funds hold BFRZ right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +4900% more funds vs a year ago

fund count last 6Q
+49 new funds entered over the past year (+4900% 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.
🟢

More buyers than sellers — 84% buying

43 buying8 selling
Last quarter: 43 funds were net buyers (23 opened a brand new position + 20 added to an existing one). Only 8 were sellers (5 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter
Funds opening a new BFRZ position: 9 → 11 → 12 → 23. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 80% entered in last year

2% conviction (2yr+) 18% medium 80% new
Only 1 funds (2%) 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.
🚀

Acceleration phase — new buyers rushing in

0 → 9 → 11 → 12 → 23 new funds/Q
New funds entering each quarter: 9 → 11 → 12 → 23. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 98% of holders entered in last year

2% veterans 0% 1-2yr 98% new
Of 50 current holders: 49 (98%) entered in the past year, only 1 (2%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 14% AUM from top-100

14% from top-100 AUM funds
5 of 50 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
7.0
out of 10
High Exit Risk
Exit risk score 7.0/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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 — BFRZ

In 2026 Q1, 43 hedge funds were net buyers of BFRZ (23 opened a new position, 20 added to an existing one), while 8 reduced or exited (5 trimmed, 3 sold completely) — a 84% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +20 funds (more new holders than closures). Total institutional holders: 50.

Hedge Fund Ownership: BFRZ

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

Market Analysis: BFRZ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BFRZ

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 2 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: BFRZ
2026 Q2 Stats Unlock in 4 days 49 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 49 29 68.97%
13F Shares 4M 3M 51.5%
Total Value $101M $70M 44.62%
New Positions 22 11 +11
Increased Positions 20 15 +5
Closed Positions 2 2 -
Reduced Positions 5 2 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BFRZ

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Institutional Holders (2026 Q2)

49 + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 BFRZ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Balance Wealth Partners LLC 1.10% 152,468 $4.1M
2 Planwiser Financial, LLC 0.98% 52,368 $1.4M
3 Triad Wealth Partners, LLC 0.55% 346,426 $9.4M
4 Visionary Wealth Advisors 0.39% 365,898 $9.9M
5 Journey Retirement Planning & Investment Management LLC 0.36% 17,017 $460K
6 Encompass More Asset Management 0.35% 89,622 $2.4M
7 Maia Wealth LLC 0.32% 80,619 $2.2M
8 Wealthgarden F.S. LLC 0.31% 20,540 $555K
9 NewCorp Financial Services, Inc. 0.26% 12,554 $339K
10 Signal Advisors Wealth, LLC 0.13% 94,548 $2.6M
11 Sigma Planning Corp 0.12% 175,756 $4.8M
12 Range Financial Group LLC 0.10% 14,022 $379K
13 Red Reef Advisors LLC 0.10% 4,140 $112K
14 Vantage Point Financial LLC 0.10% 11,766 $318K
15 Sovran Advisors, LLC 0.07% 36,391 $977K
16 Orion Porfolio Solutions, LLC 0.05% 253,350 $6.8M
17 BridgePort Financial Solutions, LLC 0.05% 7,506 $203K
18 Brookstone Capital Management 0.05% 173,191 $4.7M
19 Accurate Wealth Management, LLC 0.04% 15,058 $410K
20 Inspire Advisors, LLC 0.03% 18,004 $487K
21 Advyzon Investment Management, LLC 0.03% 13,571 $367K
22 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.02% 18,721 $506K
23 Axxcess Wealth Management, LLC 0.02% 47,312 $1.3M
24 Signaturefd, LLC 0.02% 49,751 $1.3M
25 Atria Investments, Inc 0.02% 59,494 $1.6M
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 (BFRZ)

What does the Smart Money Trend signal show for BFRZ?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added BFRZ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BFRZ?

More buyers than sellers — 84% buying: Last quarter: 43 funds were net buyers (23 opened a brand new position + 20 added to an existing one). Only 8 were sellers (5 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BFRZ holders?

Smaller funds dominant — 14% AUM from top-100: 5 of 50 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BFRZ?

Mostly new holders — 80% entered in last year: Only 1 funds (2%) 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.

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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