Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (BJAN)

131 + 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
3Q ▲
Buyers last Q
44%

Smart Money Signals — BJAN

Based on 134 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 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
134 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.
🚀

Fast accumulation — +22% more funds vs a year ago

fund count last 6Q
+24 new funds entered over the past year (+22% 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 sellers than buyers — 44% buying

46 buying58 selling
Last quarter: 58 funds reduced or exited vs 46 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~21 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 19 → 25 → 21. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 13% medium ■ 28% new
79 out of 134 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.
🚀

Acceleration phase — new buyers rushing in

7 → 6 → 19 → 25 → 21 new funds/Q
New funds entering each quarter: 6 → 19 → 25 → 21. 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 — 60% veterans vs 28% newcomers

■ 60% veterans ■ 12% 1-2yr ■ 28% new
Entry-cohort mix of 134 holders: 80 (60%) are 2+ year veterans, 16 entered 1–2 years ago, and 38 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
6 of 134 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — 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 — BJAN

In 2026 Q2, 46 hedge funds were net buyers of BJAN (21 opened a new position, 25 added to an existing one), while 58 reduced or exited (47 trimmed, 11 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 134.

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

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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.

3 top-rated funds 2 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: BJAN
131 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 131 124 5.65%
13F Shares 5M 5M 2.69%
Total Value $271M $242M 12.04%
New Positions 18 25 -7
Increased Positions 25 48 -23
Closed Positions 11 15 -4
Reduced Positions 47 27 +20
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BJAN

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Institutional Holders (2026 Q2)

131 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 COFG Advisors, LLC 4.00% 393,947 $23.2M
2 Integral Investment Advisors, INC. 3.52% 271,186 $16.0M
3 Maltin Wealth Management, Inc. 1.67% 84,977 $5.0M
4 Crown Wealth Group, LLC 1.25% 83,622 $4.9M
5 Talon Private Wealth, LLC 1.18% 171,740 $10.1M
6 DHJJ Financial Advisors, Ltd. 1.11% 65,282 $3.8M
7 FSA Advisors, Inc. 1.02% 37,704 $2.2M
8 Schulz Wealth, LTD. 0.98% 32,130 $1.9M
9 My Personal CFO, LLC 0.96% 41,894 $2.5M
10 City Center Advisors, LLC 0.69% 14,380 $847K
11 BFI Wealth Solutions, LLC 0.55% 12,636 $744K
12 Brookstone Capital Management 0.52% 883,904 $52.0M
13 Gwn Securities INC. 0.51% 51,950 $3.1M
14 Foronjy Financial LLC 0.38% 17,465 $1.0M
15 First Commonwealth Financial Corp /Pa/ 0.36% 44,173 $2.6M
16 Bellwether Advisors, LLC 0.34% 38,480 $2.3M
17 Blue Bell Private Wealth Management, LLC 0.31% 42,614 $2.5M
18 Chris Bulman Inc 0.30% 14,037 $826K
19 Ballast Rock Private Wealth LLC 0.30% 10,946 $644K
20 Lantz Financial LLC 0.27% 25,161 $1.5M
21 Weaver Consulting Group 0.22% 18,493 $1.1M
22 PCA Investment Advisory Services Inc. 0.22% 13,461 $792K
23 TopTier Wealth Management, LLC 0.22% 6,180 $364K
24 Valtinson Bruner Financial Planning LLC 0.19% 13,126 $773K
25 Dominguez Wealth Management Solutions, Inc. 0.19% 5,892 $347K
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 — 3 quarters in a row: For 3 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 sellers than buyers — 44% buying: Last quarter: 58 funds reduced or exited vs 46 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for BJAN holders?

Smaller funds dominant — 4% AUM from top-100: 6 of 134 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BJAN?

59% of holders stayed for 2+ years: 79 out of 134 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.

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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