Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (BJUN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
1Q ▼
Buyers last Q
26%

Smart Money Signals — BJUN

Based on 79 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 BJUN 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
79 funds currently hold this stock — 90% of the 3.0-year high of 88 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+6 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 26% buying

15 buying42 selling
Last quarter: 42 funds sold vs only 15 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 17 → 7 → 13 → 4. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 20% medium ■ 13% new
53 out of 79 hedge funds have held BJUN 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 -6%, value -29%

Value
-29%
Shares
-5%
Last quarter: funds added -6% more shares while total portfolio value only changed -29%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

7 → 17 → 7 → 13 → 4 new funds/Q
New funds entering each quarter: 17 → 7 → 13 → 4. BJUN 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 — 65% veterans vs 19% newcomers

■ 65% veterans ■ 16% 1-2yr ■ 19% new
Entry-cohort mix of 79 holders: 51 (65%) are 2+ year veterans, 13 entered 1–2 years ago, and 15 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 7% AUM from top-100

7% from top-100 AUM funds
7 of 79 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — 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 — BJUN

In 2026 Q1, 15 hedge funds were net buyers of BJUN (4 opened a new position, 11 added to an existing one), while 42 reduced or exited (30 trimmed, 12 sold completely) — a 26% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -8 funds (more exits than new entries). Total institutional holders: 79.

Hedge Fund Ownership: BJUN

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

Market Analysis: BJUN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BJUN

-- --

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

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

Signal Freshness measures how much BJUN 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 · 86d ago
BJUN
+4.0%
SPY
+13.0%

BJUN outperformed SPY by -9.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 41d ago
BJUN
-1.5%
SPY
-0.5%

Since the filing became public, BJUN outperformed SPY by -1.0% .

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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: BJUN
79 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 79 87 -9.2%
13F Shares 2M 2M -5.91%
Total Value $69M $97M -29.03%
New Positions 4 13 -9
Increased Positions 11 12 -1
Closed Positions 12 9 +3
Reduced Positions 30 29 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BJUN

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

79 + investors

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

QUARTER:
Top 25 BJUN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Blue Bell Private Wealth Management, LLC 0.57% 85,205 $3.9M
2 Maltin Wealth Management, Inc. 0.54% 30,417 $1.4M
3 TopTier Wealth Management, LLC 0.47% 16,390 $758K
4 My Personal CFO, LLC 0.40% 19,580 $906K
5 Corrado Advisors, LLC 0.39% 16,103 $745K
6 Integral Investment Advisors, INC. 0.39% 33,710 $1.6M
7 DHJJ Financial Advisors, Ltd. 0.36% 23,687 $1.1M
8 Outlook Wealth Advisors, LLC 0.30% 27,038 $1.3M
9 Strategic Blueprint, LLC 0.28% 102,818 $4.8M
10 FSA Advisors, Inc. 0.26% 8,545 $395K
11 Ballast Rock Private Wealth LLC 0.22% 8,647 $400K
12 First Commonwealth Financial Corp /Pa/ 0.22% 29,454 $1.4M
13 BCS Wealth Management 0.21% 22,358 $1.0M
14 Beacon Financial Advisory LLC 0.20% 19,015 $880K
15 Gwn Securities INC. 0.17% 18,733 $866K
16 COFG Advisors, LLC 0.14% 11,911 $551K
17 Retirement Income Solutions, Inc 0.11% 14,103 $652K
18 WPWealth LLP 0.10% 14,137 $654K
19 Chris Bulman Inc 0.09% 4,347 $201K
20 Barnes Dennig Private Wealth Management LLC 0.08% 1,684 $78K
21 Nations Financial Group Inc, /Ia/ /Adv 0.08% 32,252 $1.5M
22 Fragasso Financial Advisors Inc 0.08% 26,915 $1.3M
23 Lantz Financial LLC 0.07% 7,351 $340K
24 Rothschild Wealth LLC 0.06% 14,801 $685K
25 WealthShield Partners, LLC 0.06% 10,700 $495K
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 (BJUN)

What does the Smart Money Trend signal show for BJUN?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BJUN 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 BJUN?

Heavy selling pressure — only 26% buying: Last quarter: 42 funds sold vs only 15 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 BJUN holders?

Smaller funds dominant — 7% AUM from top-100: 7 of 79 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BJUN?

67% of holders stayed for 2+ years: 53 out of 79 hedge funds have held BJUN 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 (BJUN) following the 2026 Q1 hedge fund 13F filings?

As of today, BJUN has moved -1.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of -1.0%. Since the quarter end (March 31, 2026), BJUN has gained +4.0% vs +13.0% 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.

Full history →