Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (BMAR)

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

Fetching live quote...
Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
1Q ▲
Buyers last Q
49%

Smart Money Signals — BMAR

Based on 107 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added BMAR 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
107 hedge funds hold BMAR 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 — +8% more funds vs a year ago

fund count last 6Q
+8 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.
🟠

More sellers than buyers — 49% buying

34 buying35 selling
Last quarter: 35 funds reduced or exited vs 34 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 — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 7 → 16 → 13 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

61% of holders stayed for 2+ years

61% conviction (2yr+) 21% medium 19% new
65 out of 107 hedge funds have held BMAR 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.
💰

Value +75% but shares only +51% — price-driven

Value
+75%
Shares
+50%
Last quarter: the total dollar value of institutional holdings rose +75%, but actual share count only changed +51%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~11 new funds/quarter

8 → 7 → 16 → 13 → 11 new funds/Q
New funds entering each quarter: 7 → 16 → 13 → 11. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 17% newcomers

64% veterans 19% 1-2yr 17% new
Entry-cohort mix of 107 holders: 69 (64%) are 2+ year veterans, 20 entered 1–2 years ago, and 18 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 3% AUM from top-100

3% from top-100 AUM funds
4 of 107 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — BMAR

In 2026 Q2, 34 hedge funds were net buyers of BMAR (11 opened a new position, 23 added to an existing one), while 35 reduced or exited (32 trimmed, 3 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 107.

Hedge Fund Ownership: BMAR

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

Market Analysis: BMAR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BMAR

-- --

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 1 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: BMAR
105 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 105 99 6.06%
13F Shares 3M 2M 43.03%
Total Value $157M $95M 64.66%
New Positions 9 13 -4
Increased Positions 23 31 -8
Closed Positions 3 16 -13
Reduced Positions 32 22 +10
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BMAR

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 Q2)

105 + investors

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

QUARTER:
Top 25 BMAR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Macroview Investment Management LLC 4.92% 138,327 $8.0M
2 Talon Private Wealth, LLC 1.18% 175,696 $10.1M
3 Valtinson Bruner Financial Planning LLC 1.01% 70,212 $4.0M
4 My Personal CFO, LLC 0.86% 38,438 $2.2M
5 Chris Bulman Inc 0.65% 31,030 $1.8M
6 Brookstone Capital Management 0.49% 846,066 $48.8M
7 FSA Advisors, Inc. 0.46% 17,324 $998K
8 Ballast Rock Private Wealth LLC 0.40% 14,932 $860K
9 Integral Investment Advisors, INC. 0.39% 30,365 $1.7M
10 Lantz Financial LLC 0.36% 34,316 $2.0M
11 Corrado Advisors, LLC 0.29% 11,090 $639K
12 Blue Bell Private Wealth Management, LLC 0.28% 38,838 $2.2M
13 Weaver Consulting Group 0.26% 22,428 $1.3M
14 DHJJ Financial Advisors, Ltd. 0.26% 15,591 $898K
15 TopTier Wealth Management, LLC 0.26% 7,330 $422K
16 First Commonwealth Financial Corp /Pa/ 0.23% 28,621 $1.6M
17 Beck Capital Management, LLC 0.23% 21,306 $1.2M
18 Allie Family Office LLC 0.20% 9,550 $550K
19 Gaddis Premier Wealth Advisors LLC 0.18% 5,075 $292K
20 Main Street Financial Solutions, LLC 0.16% 40,688 $2.1M
21 Orion Capital Management LLC 0.13% 7,430 $428K
22 Retirement Planning Group, LLC 0.13% 86,301 $5.0M
23 Blue Sky Capital Consultants Group, Inc. 0.12% 4,751 $274K
24 Financial Network Wealth Advisors LLC 0.11% 1,951 $112K
25 BCS Wealth Management 0.10% 9,209 $531K
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 (BMAR)

What does the Smart Money Trend signal show for BMAR?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added BMAR 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 BMAR?

More sellers than buyers — 49% buying: Last quarter: 35 funds reduced or exited vs 34 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 BMAR holders?

Smaller funds dominant — 3% AUM from top-100: 4 of 107 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BMAR?

61% of holders stayed for 2+ years: 65 out of 107 hedge funds have held BMAR 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.

Full history →