Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (BOCT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -7
Streak
1Q ▼
Buyers last Q
38%

Smart Money Signals — BOCT

Based on 113 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 BOCT 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 — 94% of 3.0Y peak

94% of all-time peak
113 funds currently hold this stock — 94% of the 3.0-year high of 120 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

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

fund count last 6Q
+20 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.
🔴

Heavy selling pressure — only 38% buying

35 buying56 selling
Last quarter: 56 funds sold vs only 35 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-28 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 5 → 10 → 38 → 10. 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.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 16% medium ■ 27% new
64 out of 113 hedge funds have held BOCT 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.
➡️

Steady discovery — ~10 new funds/quarter

9 → 5 → 10 → 38 → 10 new funds/Q
New funds entering each quarter: 5 → 10 → 38 → 10. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 58% veterans vs 28% newcomers

■ 58% veterans ■ 13% 1-2yr ■ 28% new
Entry-cohort mix of 113 holders: 66 (58%) are 2+ year veterans, 15 entered 1–2 years ago, and 32 (28%) 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 113 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.
4.6
out of 10
Moderate Exit Risk
Exit risk score 4.6/10 — 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 — BOCT

In 2026 Q1, 35 hedge funds were net buyers of BOCT (10 opened a new position, 25 added to an existing one), while 56 reduced or exited (39 trimmed, 17 sold completely) — a 38% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 113.

Hedge Fund Ownership: BOCT

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

Market Analysis: BOCT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BOCT

-- --

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

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

Signal Freshness measures how much BOCT 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
BOCT
nan%
SPY
+15.1%

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

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

Since the filing became public, BOCT 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.

2 top-rated funds 2 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: BOCT
113 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 113 120 -5.83%
13F Shares 4M 5M -2.48%
Total Value $190M $225M -15.76%
New Positions 10 38 -28
Increased Positions 25 37 -12
Closed Positions 17 4 +13
Reduced Positions 39 20 +19
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BOCT

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)

113 + investors

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

QUARTER:
Top 25 BOCT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 COFG Advisors, LLC 4.40% 371,096 $17.8M
2 Integral Investment Advisors, INC. 3.47% 290,463 $13.9M
3 FSA Advisors, Inc. 1.25% 39,456 $1.9M
4 HFG Wealth Management, LLC 1.07% 40,349 $1.9M
5 City Center Advisors, LLC 0.72% 16,298 $782K
6 BFI Wealth Solutions, LLC 0.56% 12,101 $586K
7 My Personal CFO, LLC 0.50% 23,735 $1.1M
8 Maltin Wealth Management, Inc. 0.43% 23,473 $1.1M
9 Global Trust Wealth Management LLC 0.37% 10,200 $489K
10 DHJJ Financial Advisors, Ltd. 0.35% 22,134 $1.1M
11 Brookstone Capital Management 0.34% 621,564 $29.8M
12 Weaver Consulting Group 0.31% 27,186 $1.3M
13 TopTier Wealth Management, LLC 0.31% 10,379 $498K
14 Diligent Investors, LLC 0.30% 25,173 $1.2M
15 Foronjy Financial LLC 0.29% 14,303 $686K
16 Grantvest Financial Group LLC 0.28% 9,049 $434K
17 Blue Bell Private Wealth Management, LLC 0.27% 39,610 $1.9M
18 Berkshire Money Management, Inc. 0.27% 55,587 $2.7M
19 IMG Wealth Management, Inc. 0.27% 8,853 $425K
20 First Commonwealth Financial Corp /Pa/ 0.24% 30,894 $1.5M
21 Corrado Advisors, LLC 0.23% 9,132 $438K
22 Lantz Financial LLC 0.23% 22,946 $1.1M
23 Chris Bulman Inc 0.20% 9,395 $451K
24 Fragasso Financial Advisors Inc 0.19% 65,389 $3.2M
25 Valtinson Bruner Financial Planning LLC 0.18% 13,697 $657K
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 (BOCT)

What does the Smart Money Trend signal show for BOCT?

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

Heavy selling pressure — only 38% buying: Last quarter: 56 funds sold vs only 35 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 BOCT holders?

Smaller funds dominant — 7% AUM from top-100: 7 of 113 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 BOCT?

57% of holders stayed for 2+ years: 64 out of 113 hedge funds have held BOCT 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 (BOCT) following the 2026 Q1 hedge fund 13F filings?

As of today, BOCT 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), BOCT 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.

Full history →