Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (BJAN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
2Q ▲
Buyers last Q
63%

Smart Money Signals — BJAN

Based on 124 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added BJAN 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
124 hedge funds hold BJAN 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.
📶

Steady growth — +17% more funds vs a year ago

fund count last 6Q
+18 new funds entered over the past year (+17% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 63% buying

73 buying42 selling
Last quarter: 73 funds were net buyers (25 opened a brand new position + 48 added to an existing one). Only 42 were sellers (27 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new BJAN position: 7 → 6 → 19 → 25. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 15% medium ■ 25% new
75 out of 124 hedge funds have held BJAN 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.
💎

Buying through price weakness — shares +28%, value +13%

Value
+12%
Shares
+28%
Last quarter: funds added +28% more shares while total portfolio value only changed +13%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

14 → 7 → 6 → 19 → 25 new funds/Q
New funds entering each quarter: 7 → 6 → 19 → 25. 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.
🏛️

Veteran-anchored — 58% veterans vs 26% newcomers

■ 58% veterans ■ 16% 1-2yr ■ 26% new
Entry-cohort mix of 124 holders: 72 (58%) are 2+ year veterans, 20 entered 1–2 years ago, and 32 (26%) 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
8 of 124 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.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — BJAN

In 2026 Q1, 73 hedge funds were net buyers of BJAN (25 opened a new position, 48 added to an existing one), while 42 reduced or exited (27 trimmed, 15 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 124.

Hedge Fund Ownership: BJAN

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

Market Analysis: BJAN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BJAN

-- --

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

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

Signal Freshness measures how much BJAN 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 · 81d ago
BJAN
nan%
SPY
+15.1%

BJAN outperformed SPY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
BJAN
nan%
SPY
+1.3%

Since the filing became public, BJAN outperformed SPY by nan% .

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.

4 top-rated funds 2 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: BJAN
124 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 124 114 8.77%
13F Shares 5M 4M 28.26%
Total Value $242M $214M 12.87%
New Positions 25 19 +6
Increased Positions 48 21 +27
Closed Positions 15 10 +5
Reduced Positions 27 45 -18
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BJAN

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Price/Book (mrq) --
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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)

124 + investors

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

QUARTER:
Top 25 BJAN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 COFG Advisors, LLC 5.22% 395,548 $21.1M
2 Integral Investment Advisors, INC. 3.53% 265,894 $14.2M
3 Personal Cfo Solutions, LLC 1.76% 234,460 $12.5M
4 Maltin Wealth Management, Inc. 1.73% 84,977 $4.5M
5 Crown Wealth Group, LLC 1.40% 89,474 $4.8M
6 FSA Advisors, Inc. 1.35% 38,514 $2.1M
7 DHJJ Financial Advisors, Ltd. 1.16% 65,916 $3.5M
8 My Personal CFO, LLC 0.98% 42,035 $2.2M
9 City Center Advisors, LLC 0.72% 14,604 $779K
10 BFI Wealth Solutions, LLC 0.66% 12,739 $687K
11 Gwn Securities INC. 0.61% 60,148 $3.2M
12 Opes Wealth Management LLC 0.52% 58,788 $3.1M
13 Brookstone Capital Management 0.39% 632,517 $33.7M
14 First Commonwealth Financial Corp /Pa/ 0.38% 44,380 $2.4M
15 Bellwether Advisors, LLC 0.35% 38,480 $2.1M
16 Chris Bulman Inc 0.34% 14,477 $772K
17 Blue Bell Private Wealth Management, LLC 0.33% 42,446 $2.3M
18 Ballast Rock Private Wealth LLC 0.32% 10,946 $584K
19 Foronjy Financial LLC 0.29% 12,904 $688K
20 Lantz Financial LLC 0.28% 25,346 $1.4M
21 Weaver Consulting Group 0.24% 18,493 $986K
22 PCA Investment Advisory Services Inc. 0.22% 12,391 $661K
23 TopTier Wealth Management, LLC 0.21% 6,531 $348K
24 Valtinson Bruner Financial Planning LLC 0.19% 13,126 $700K
25 Dominguez Wealth Management Solutions, Inc. 0.19% 5,892 $314K
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 (BJAN)

What does the Smart Money Trend signal show for BJAN?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added BJAN 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 BJAN?

More buyers than sellers — 63% buying: Last quarter: 73 funds were net buyers (25 opened a brand new position + 48 added to an existing one). Only 42 were sellers (27 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BJAN holders?

Smaller funds dominant — 6% AUM from top-100: 8 of 124 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 BJAN?

60% of holders stayed for 2+ years: 75 out of 124 hedge funds have held BJAN 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.

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

As of today, BJAN has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), BJAN has gained nan% vs +15.1% 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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